Sonic R. System | Page 912 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Sonic R.evolution 95 replies

The System Behind the System, by Merlin Jeffries 16 replies

Old School Sonic System + Other Things 11 replies

Knife system, Vegas 4h system related questions. 4 replies

Would you trade this system? New system #2. 10 replies

Attachments: Sonic R. System
Exit Attachments

Sonic R. System

  • #18,221
  • Mar 10, 2011 3:21am Mar 10, 2011 3:21am
I still have my "legendary" long 1.35xx with SL at BE..
Didnt commit much to trade this week as my weekly bias was neutral mood (see my last Sunday analysis)..

Sonic
  • #18,222
  • Mar 10, 2011 3:44am Mar 10, 2011 3:44am
I try it and put a little bite into the market ...

Attached Image (click to enlarge)
Click to Enlarge Name: enigma4x_sonic_r_usdjpy_10.03.2011_02.jpg Size: 147 KB



cheers
enjoy my life ... and ride the waves - all what I do
  • #18,223
  • Mar 10, 2011 4:46am Mar 10, 2011 4:46am
Quoting enigma4x
I try it and put a little bite into the market ...

Attachment


cheers

Attached Image (click to enlarge)
Click to Enlarge Name: enigma4x_sonic_r_usdchf_10.03.2011_01.jpg Size: 133 KB


tons of news will comming so I take small risk

cheers enigma4x
enjoy my life ... and ride the waves - all what I do
  • #18,224
  • Mar 10, 2011 5:12am Mar 10, 2011 5:12am
Quoting traderathome
UCad:

I have entered long per attached pic. The PV study shows highest activity has been coming off the lows. These are buying surges beginning at the lowest prices, and which tapers off when the price nears the top of the range, which could be considered the level for a breakout upwards, yet to come. It might happen tomorrow with both USD and CAD High Impact releases. Meanwhile, the PPMs are working the price back down on as light volume as possible, for the resumption of buying. So, it could go lower than my entry before another round of buying....
UCad:

I have added at the swing low and EP average = 0.9705, which is ok now for the current SonicR long setup. Note the increased volume coming off the previous lowest low. Also note the increasing volume on the pullback downwards on WAVE leg #2.
Attached Image (click to enlarge)
Click to Enlarge Name: # 717.gif Size: 34 KB
  • #18,225
  • Mar 10, 2011 5:17am Mar 10, 2011 5:17am
Quoting traderathome
UCad:

I have added at the swing low and EP average = 0.9705, which is ok now for the current SonicR long setup. Note the increased volume coming off the lows at the previious lowest low. Also note the increasing volume on the pullback downwards on WAVE leg #2.
great TAH

what do you think about my gbpusd chart ..-

Attached Image (click to enlarge)
Click to Enlarge Name: enigma4x_sonic_r_gbpusd_10.03.2011_02.jpg Size: 162 KB


thank u sonic for answer

enigma4x
enjoy my life ... and ride the waves - all what I do
  • #18,226
  • Mar 10, 2011 5:18am Mar 10, 2011 5:18am
Quoting traderathome
UCad:

I have added at the swing low and EP average = 0.9705, which is ok now for the current SonicR long setup. Note the increased volume coming off the lows at the previious lowest low. Also note the increasing volume on the pullback downwards on WAVE leg #2.

after for long time..I like ur set up..


Sonic
Attached Image (click to enlarge)
Click to Enlarge Name: shi.gif Size: 46 KB
  • #18,227
  • Mar 10, 2011 5:33am Mar 10, 2011 5:33am
GU:

This could yield a SonicR short setup. Price has more left to go in the range, so it could result in a good run. Note the increasing volume on the first drop, WAVE leg #1. Also note the increasing pullback volume as leg #2 got underway.

Previously there has been good support in the half number area, and you can see the Double Bottom just below in the quarter number area. So there are some obstacles for the start of a run down to overcome. But we have GBP High Impact releases coming in about half an hour, and a USD High Impact release in about two hours. If price is to go down, all this might be excuse enough to ram it down thru all this previous support. However, the price could be kept up until the USD release if the PPMs want more time to load up on shorts.

And yes, it could just go back higher today. Let the market decide.

I am already in this short trade with an average EP = 1.6158.
Attached Image (click to enlarge)
Click to Enlarge Name: # 718.gif Size: 33 KB
  • #18,228
  • Mar 10, 2011 5:35am Mar 10, 2011 5:35am
Quoting traderathome
GU:

This could yield a SonicR short setup. Price has more left to go in the range, so it could result in a good run. Note the increasing volume on the first drop, WAVE leg #1. Also note the increasing volume at leg #2 got underway.

Previously there has been good support in the half number area, and you can see the Double Bottom just below in the quarter number area. So there are some obstacles for the start of a run down to overcome. But we have GBP High Impact releases coming in about half an hour, and a USD High Impact release in about...
thank u

master of reading volume

enigma4x
enjoy my life ... and ride the waves - all what I do
  • #18,229
  • Mar 10, 2011 5:45am Mar 10, 2011 5:45am
enigma4x, I highlighted on your chart what TAH is trying to explain to us multiple times, how sellers prepare their drop beforehand. Correct me if it`s wrong.....

Thanks to all Sonicers & many pips to all !




__________
michael
Attached Image (click to enlarge)
Click to Enlarge Name: 2011-03-10_1232.png Size: 643 KB
Be like water.
  • #18,230
  • Mar 10, 2011 5:58am Mar 10, 2011 5:58am
Quoting traderathome
UCad:

I have added at the swing low and EP average = 0.9705, which is ok now for the current SonicR long setup. Note the increased volume coming off the previous lowest low. Also note the increasing volume on the pullback downwards on WAVE leg #2.
Are you using real SL yet?
"Being picky only cost your time - not MONEY"...Hans
  • #18,231
  • Mar 10, 2011 6:06am Mar 10, 2011 6:06am
EJ:

The PA on this one might be a clue that the euro is in trouble. Note the gap down on the run down earlier! Yes, the price was rescued for about a 50% pullback upwards, but it is looking weak because this most recent small drop was also on increasing volume. Again, the PPMs invested heavily to rescue it.

Will the USD High Impact release have an affect later? Maybe.

Meanwhile, the Dragon remains angled down, with PA below the Trend. And there is a good WAVE for a SonicR short trade, with increasing pullback volume near the upper part of leg #2, and which continued to increase on into this last small drop, the first part of leg #3.
Attached Image (click to enlarge)
Click to Enlarge Name: # 719.gif Size: 35 KB
  • #18,232
  • Mar 10, 2011 6:14am Mar 10, 2011 6:14am
EU:

Could this be one of those days that EU presents us with a 200-300 pip drop?

(Note: I am short both EJ and EU some time now, with still a ways to go before BE.)
Attached Image (click to enlarge)
Click to Enlarge Name: # 720.gif Size: 38 KB
  • #18,233
  • Mar 10, 2011 6:19am Mar 10, 2011 6:19am
Quoting msmarple
enigma4x, I highlighted on your chart what TAH is trying to explain to us multiple times, how sellers prepare their drop beforehand. Correct me if it`s wrong.....

Thanks to all Sonicers & many pips to all !




__________
michael
Hi michael,

I hope it helps.

It is very interesting your poin of view. What says our masters.

Attached Image (click to enlarge)
Click to Enlarge Name: enigma4x_sonic_r_usdchf_10.03.2011_04.jpg Size: 208 KB


I hope it helps ...

greetings from



stephan
enjoy my life ... and ride the waves - all what I do
  • #18,234
  • Mar 10, 2011 6:26am Mar 10, 2011 6:26am
Quoting nando_rich
Are you using real SL yet?
Not yet. I am sort of "transitioning"......getting ready for the pure Sonic R System trading.

My hope was that I could begin that with my EJ and EU trades closed, or at least moving solidly into profit, because I'd like to close all the trades of this running experiment before starting the next. It will make later comparisons easier. Three weeks into March would be a good time to end the current experiment; it would then be a full four months running.

Meanwhile, I continue to trade without a SL, am being more picky about my trade entries, and more accepting of smaller profits.
  • #18,235
  • Mar 10, 2011 6:35am Mar 10, 2011 6:35am
GU:

I guess the GBP news was not all that good. So, now we wait for the USD release in an hour.

If you were watching, about 8 minutes before the GBP release, the PPMs spiked price to 1.6193 area.....may have had a large sell order up there they wanted executed? Immediately after that, it was down hill until the release. And it has dropped more since the release.

Note there was high volume at the highs, and coming down off the highs. This all looks like there might be more downside to come.
Attached Image (click to enlarge)
Click to Enlarge Name: # 721.gif Size: 33 KB
  • #18,236
  • Mar 10, 2011 6:42am Mar 10, 2011 6:42am
Quoting traderathome
EU:

(Note: I am short both EJ and EU some time now, with still a ways to go before BE.)

Needa work on more precise entry
  • #18,237
  • Edited 7:22am Mar 10, 2011 6:47am | Edited 7:22am
Quoting enigma4x
Hi michael,

I hope it helps.

It is very interesting your poin of view. What says our masters.

Attached Image (click to enlarge)
Click to Enlarge Name: enigma4x_sonic_r_usdchf_10.03.2011_08.jpg Size: 148 KB


I hope it helps ...

greetings from



stephan
market wake up - attention please - new emotion give us movement

Attachment

enigma4x
enjoy my life ... and ride the waves - all what I do
  • #18,238
  • Mar 10, 2011 6:52am Mar 10, 2011 6:52am
Quoting sonicdeejay
Needa work on more precise entry
You are correct, Master Sonicdeejay. And that is what I am doing on new trades while I wait, and...........wait, and..........wait.

All in all, out of almost 80 trades, now only two are not yet in profit. EU has about 100 pips to drop before it is profitable. EJ is the worry. But, even I close EJ out with a loss, the record of wins to losses, and overall pips gained will be remarkable. I don't like the stress, however.

So, I look forward to my pure Sonic R System trading, even though having to use a SL will irk me.
  • #18,239
  • Mar 10, 2011 7:06am Mar 10, 2011 7:06am
Quoting enigma4x
Hi michael,

I hope it helps.

It is very interesting your poin of view. What says our masters.

Attachment

I hope it helps ...

greetings from



stephan
Thank you, very good !

Fact seems like sellers are drying up in usdcad, usdjpy and usdchf from a bigger picture, so something HAS to move. Maybe like TAH points out with news as catalyst and easy excuse.

I watch the moves of the masters ( and my own charts ).

Regards,



_____________
michael
Be like water.
  • #18,240
  • Mar 10, 2011 7:11am Mar 10, 2011 7:11am
Quoting traderathome

So, I look forward to my pure Sonic R System trading, even though having to use a SL will irk me.
You can wide a SL if you want to..
But not putting one is out of the question...

As I mention before.. trading is a probability business..u can get it right and get it wrong too..

SL is to stop you out when you got it wrong...

"Today..I saw it in the paper.. An double degree holder(woman) lose 6 digit sum of money..in casino...in the effort to recoup her gambling loss that started with $500.. "
61 traders viewing now