Sonic R. System | Page 1073 | 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

  • #21,441
  • Jun 8, 2011 3:39pm Jun 8, 2011 3:39pm
Quoting traderathome
Hi Tal1983. It is difficult to imagine that if you have already read "all about it", that you still do not understand when to enter a trade. However, if that is indeed the situation, then I recommend you go to the beginning of the thread and begin reading every one of Sonicdeejay's posts. This thread is the "course" in the Sonic R System. And you can do no better than to read the posts of the Master. I am confident if you do so, then you will come to understand when to enter a trade. If not, then I don't think a video would help anyway.

Read,...
Hi traderathome! I know i need to understand it by my own, but one sample online will help-could you please give me just one live signal (when you enter a trade) so i could understand when to enter a trade? Where is the "H-L-C"? i don't have it

P.S: do you have skype please?
  • #21,442
  • Jun 8, 2011 3:54pm Jun 8, 2011 3:54pm
Quoting Tal1983
Hi traderathome! I know i need to understand it by my own, but one sample online will help-could you please give me just one live signal (when you enter a trade) so i could understand when to enter a trade? Where is the "H-L-C"? i don't have it

P.S: do you have skype please?
No, I do not have skype. Anyway, I posted four trades just today! Surely, that is sufficient.
  • #21,443
  • Edited 4:12pm Jun 8, 2011 3:56pm | Edited 4:12pm
Good call TAH. But why did u enter the sell at that point instead of waiting for the wave to confirm and then enter lower?

Quoting traderathome
EJ:

Entered short. Maybe a trip to bottom of range today?
  • #21,444
  • Jun 8, 2011 4:05pm Jun 8, 2011 4:05pm
EU:

Now that I have closed my EU re-entry trade, I am looking to re-enter again. Re-entry is based on the assumption of more downside. I am setting an order to re-enter at 1.4624, which is between a 38% and a 50% retrace on the total move down. If there is a pullback move up in the asian session, this re-entry price area might be reached.

If the re-entry price is not hit, I will enter the next London session without a bias, without a position, and see what the market provides.
Attached Image (click to enlarge)
Click to Enlarge Name: # june 08, 2011 - 043.gif Size: 30 KB
  • #21,445
  • Jun 8, 2011 4:17pm Jun 8, 2011 4:17pm
Quoting lehmann
Good call. But why did u enter the sell at that point instead of waiting for the wave to confirm and then enter lower?
Two reasons:

1. To enter several pips beyond the end of the candle first exiting the Dragon would have been entering too far from the Dragon. I viewed the pullback upwards as an opportunity to enter the short trade at a higher price.....Dragon was below Trend line, the Trend line was below DPV, and the WAVE was substantial with a significantly lower high.

2. The entry price was a S&R area, which you can see by looking at the line extended off to the left on the chart, and it was below the Dragon centerline. It just seemed a reasonable price.
Attached Image (click to enlarge)
Click to Enlarge Name: # june 08, 2011 - 032.gif Size: 30 KB
  • #21,446
  • Jun 8, 2011 4:26pm Jun 8, 2011 4:26pm
That makes sense, thank u

Quoting traderathome
Two reasons:

1. To enter several pips beyond the end of the candle first exiting the Dragon would have been entering too far from the Dragon. I viewed the pullback upwards as an opportunity to enter the short trade at a higher price.....Dragon was below Trend line, the Trend line was below DPV, and the WAVE was substantial with a significantly lower high.

2. The entry price was a S&R area, which you can see by looking at the line extended off to the left on the chart, and it was below the Dragon centerline. It just seemed a reasonable...
  • #21,447
  • Jun 8, 2011 4:55pm Jun 8, 2011 4:55pm
Quoting traderathome
EU:

Now that I have closed my EU re-entry trade, I am looking to re-enter again. Re-entry is based on the assumption of more downside. I am setting an order to re-enter at 1.4624, which is between a 38% and a 50% retrace on the total move down. If there is a pullback move up in the asian session, this re-entry price area might be reached.

If the re-entry price is not hit, I will enter the next London session without a bias, without a position, and see what the market provides.
If the PA pull back tonight or tomorrow it could complete a S-H-S pattern before big down movement...

Who knows .... I do not want to have an opinion, just what the market will show us.

Good luck buddy.
Attached Image (click to enlarge)
Click to Enlarge Name: _08-06-2011_eu.gif Size: 30 KB
"Being picky only cost your time - not MONEY"...Hans
  • #21,448
  • Jun 8, 2011 5:23pm Jun 8, 2011 5:23pm
Quoting nando_rich
If the PA pull back tonight or tomorrow it could complete a S-H-S pattern before big down movement...

Who knows .... I do not want to have an opinion, just what the market will show us.

Good luck buddy.
Nando, if we get a move up for a S-H-S formation, that would be a sufficient move to trade long. You might be onto something. The average range is shrinking, already down 14 pips from last week. So, such a move up would enable good profits for the BBs.....profits up, profits back down, and profits on a move a bit lower; all possible on an ever shrinking range!

Such roller coaster PA also gives the BBs lots of time to transition to shorts. Let's face it, the dollar has been disgraced for a heck of a long time now. But the euro is crap also. A long term trend reversal is inevitable, and once recognizeable it might go on for as long as the up trend has been going on. That is a long time. So, roller coaster PA now gives the BBs lots of time to transition to shorts (if that is what is going on) without screaming out loud to everybody that is what they are doing.

Such speculation has nothing to do with SonicR. SonicR can find long and short trade opportuniites regardless of trend. Today, we might get both! Let us see what the market will give today.
  • #21,449
  • Jun 8, 2011 5:39pm Jun 8, 2011 5:39pm
GU:

Entered long. The DPV marks a S&R area, so a move up might have tough going to start with.
Attached Image (click to enlarge)
Click to Enlarge Name: # june 08, 2011 - 044.gif Size: 32 KB
  • #21,450
  • Jun 8, 2011 5:42pm Jun 8, 2011 5:42pm
Quoting sonicdeejay
My TP is 1.4594.. Miss to hit by few pips..
Put SL @ BE..

Let the mkt decide,

Sonic
TP1 hit..
6:41 am in SG.

Gd morning fellas..

Sonic
  • #21,451
  • Jun 8, 2011 5:49pm Jun 8, 2011 5:49pm
Quoting sonicdeejay
TP1 hit..
6:41 am in SG.

Gd morning fellas..

Sonic
Morning, Sonic! Today would be a great day for some moves. Perhaps "up" first; sort of "reset" the price? (Its Nando's fault.....he got me started )

Have a cup of coffee and relax......mucho time before the London Larcenists crawl out to create havoc again!
  • #21,452
  • Jun 8, 2011 7:19pm Jun 8, 2011 7:19pm
EU:

Entered long. TP is tight for the asian session. Lots of high impact releases coming today, so no telling what will happen.
Attached Image (click to enlarge)
Click to Enlarge Name: # june 08, 2011 - 045.gif Size: 27 KB
  • #21,453
  • Jun 8, 2011 7:43pm Jun 8, 2011 7:43pm
Quoting traderathome
Morning, Sonic! Today would be a great day for some moves. Perhaps "up" first; sort of "reset" the price? (Its Nando's fault.....he got me started )

Have a cup of coffee and relax......mucho time before the London Larcenists crawl out to create havoc again!
Today we wil havel big impact news coming out.
And EU is sitting pretty on nice support lvl..

It gonna be interesting...

Sonic
  • #21,454
  • Jun 8, 2011 8:07pm Jun 8, 2011 8:07pm
Quoting traderathome
EU:

Entered long. TP is tight for the asian session. Lots of high impact releases coming today, so no telling what will happen.
Look like classic long appearing in EU..
I will wait till pre LO..

Sonic
  • #21,455
  • Jun 8, 2011 8:36pm Jun 8, 2011 8:36pm
EU:

No less than four high impact releases are scheduled later. First, one EUR release. And within 45 minutes the remaining three (EUR, USD, USD) all hit at the same time!

Price could be taken for a wild ride today. It is hard not to speculate that a move up prior to all this has got to mean that afterwards the price will move down. However, "afterwards" could mean Friday, or even not until next week.

So, I will have no bias into the London open. Yes, I have a long trade running now, in the asian session. It is only for the asian session. If it hits target, fine. If not, then it will get closed with whatever it has. I don't think I want to be in a trade when the London Larcenists come in and create havoc before all these releases.
Attached Image (click to enlarge)
Click to Enlarge Name: # june 08, 2011 - 046.gif Size: 28 KB
  • #21,456
  • Jun 8, 2011 9:54pm Jun 8, 2011 9:54pm
Quoting traderathome
GU:

Entered long. The DPV marks a S&R area, so a move up might have tough going to start with.
GU:

02 pips profit on long trade just closed.

This is taking too long. And sudden high volatility can happen, what with the release package today. I'm out now, more relaxed, and will wait to see events unfold.
Attached Image (click to enlarge)
Click to Enlarge Name: # june 08, 2011 - 047.gif Size: 30 KB
  • #21,457
  • Jun 8, 2011 9:58pm Jun 8, 2011 9:58pm
Quoting traderathome
EU:

Entered long. TP is tight for the asian session. Lots of high impact releases coming today, so no telling what will happen.
EU:

25 pips profit on this long trade just closed. Same story as with EJ....taking too long and high volatility could suddenly happen.
Attached Image (click to enlarge)
Click to Enlarge Name: # june 08, 2011 - 048.gif Size: 28 KB
  • #21,458
  • Jun 9, 2011 1:25am Jun 9, 2011 1:25am
Quoting traderathome
EU:

25 pips profit on this long trade just closed. Same story as with EJ....taking too long and high volatility could suddenly happen.

This is what u see.. euro is caught in dilemma, hi swing expected..

0bama's possible another stimulus (down of USD)

VS

Possible bad news of euro data (down of EURO)


Sonic
  • #21,459
  • Jun 9, 2011 2:12am Jun 9, 2011 2:12am
GU...nice channel...the BB's could bring the PA to the upper TL before the big run down...


We'll see.
Attached Image (click to enlarge)
Click to Enlarge Name: _09-06-2011_gu.gif Size: 30 KB
"Being picky only cost your time - not MONEY"...Hans
  • #21,460
  • Jun 9, 2011 2:21am Jun 9, 2011 2:21am
This is my trading idea for today/tomorrow...if it happen it'll be a big m30 wave as i like...

We'll see.
Attached Image (click to enlarge)
Click to Enlarge Name: _09-06-2011_eu.gif Size: 32 KB
"Being picky only cost your time - not MONEY"...Hans
24 traders viewing now