Sonic R. System

Heck, what do you think I gave it to you for? YOU'RE the tester! Let me know how it works out, nando.

Regards,
-tah

I see no one has yet answered your questions, so I will try to do so.

First, there is the obvious decision to make. Is your method to take quick profits, or let the trade run until some later "sign" appears that you should close the trade? That is your decision. I cannot answer that for you.

In order to help with the matter of where to set TPs, the last release of indicators and templates includes RgH/RgL lines. These range HL targets are based on an average range calculation. These lines show you the "outer limits" within which to set any TPs if you are looking for quick profit.

As far as setting TPs, quick profit or otherwise, they should align with historic SR areas. Many Sonikers use the Levels function in the Chart Panel indicator to show whole, half, quarter numbers which historic SR can be near, especially whole numbers. Also pivots are used. Even Fibonacci Extension and Fibonacci Retracement studies can yield suggested areas to place a TP. Whatever method is used, aside from studying past PA itself, the results of that method should be used as confirmation of an area that is also a historic PA SR area. In the Sonic R System, SR areas are a primary "technical" and we look to historic PA to see where they are. And we use other tools (Levels, pivots, FE and FR studies) only to confirm.

Many times PA on the M15 chart will reveal the curent important SR areas. But sometimes this is not the case, and you will have to switch to an M30, or H1 or higher TF chart to find where PA is revealing the SR areas of immediate concern.

Learning to find SR, and learning to watch what PA does once it comes to an SR area is in the essence of the Sonic R System.

Hi guys,

I would like to know your thoughts about the NFP release. I'm a beginner and i'm reading this thread for a while, learning everyday from your experiences, so what's your plan for this release? Stay out? Get in? When?..

I know the Sonic system is not based on news but on reading the chart, but do some of you have specific setups for big releases?

I'm just looking for some pieces of advice..

Thank you

Man...it works pefect for me... it's the pefect complement for sonicr trading...In my opinion, you sould add it in the next indicators release

Best Regards.

GU:

Entered EP2 short. The way I read the volume on this one is lastly heavy down after some preliminary heavy ups. EP1 is a much older short entry. Maybe they will both clear out today with profit. Admittedly, it could go up on the GPB release, or later on the NFP release. And yet, I do not want a SL on this due to possible whips no matter which way it goes. I could have not entered EP2 and just waited until much after NFP to see what things look like when the dust settles. But instead, I am watching this for possibly a further dip before things start to get wound up for the release(s).

NU:

Entered short.

very quite today here after yesterdays storm

UCad:

I sent a scout out during the stopping volume move. The higher EP is an old one.

Been BZ the whole day...

We have mega news coming out.. Careful... Bias should be clear... but might have big swing..

This is my 5th and 6th trade..of the week..




http://www.thevine.com.au/resources/...ama-detail.jpg

Sonic

so, what is more important - NFP or Unemploymet?
yes, NFP skyrocketing, but at the same time Unemployment rised to 9% again.
I think that two numbers contrary to each other

Speculation:

Contrary, not contrary....what difference does it make? This is an "event" that happens every month. It gives the BBs a chance to make some remarkable price manipulations without anyone raising an eyebrow. Every month they get this opportunity, just in case the rest of each month produces no real news to justify the price movement they need to instigate to make some real profits. I wonder if years ago, all this was set up just for this reason.......

Closed my SS @ +40 pips

I try to follow this amazing thread. Thanks to Sonic and all the contributors...

I'm trying to well appropriate this system.

I think further slide is limited for now...
Done for the week...

Total 5 trade...

1. Long, Hit TP1, close @ BE
2. Long, Hit TP1, close @ BE
3. Long, Hit TP2, close @ TP2
4. Short. +30 pips (SS)
5. Short +300 pips, Still open with SL @ BE.
6. Short +40pips (SS)


Cheers..

Sonic

Great results master

can you put pictures those six trades?

very interesting where was your entry and sl with tp

that would be very helpful and useful

Best regards

well, not so impressive but:
monday noon long: TP not reached, stoped at BE: 0
monday evening/night short: 1st part TP 27 pip, 2nd part closed manualy 21.4 pip
tuesday morning long: 1st part TP 68pip, rest SL@BE
wednesday morning long: 1st part TP 30 pip, rest SL at +50 pip
total almost 200 pips in 3 days

not bad, but missed yesterdays 300+ move and even made some loss on it but not by sonicr. will not use any other decision except sonicr in future

Very good results guys, keep it up

Have a nice weekend and see you on Monday

HankT

Hi Sonicers, I think there is Head and shoulders.

Have a nice weekend

Petr

PS: Thanks all SoniceR's members for teaching super strategy

I can hardly see the PA in your chart ... my advice is keep it clean to help see the waves.

Regards.

Hi Sonicers, I have been following this thread for so time now but i need help
on how to use the dragon to enter a trade, pls state the conditions to meet before entry.