Sonic R. System | Page 1138 | 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

  • #22,741
  • Jul 1, 2011 7:35am Jul 1, 2011 7:35am
Quoting Domas4
I would not treat it as downtrend as long as it stays above the market ORANGE LINE. Although, since you missed the initial setup, you can enter on retracement, which will allow you to have very small stop loss. I oftentimes do that when setup is against the trend. Just never chase a trade.
EU:
".... Although, since you missed the initial setup,...." - Domas4

Folks, this trade Domas4 made was not a SonicR short trade, obviously because at the time of entry the Dragon was not angled down, and PA was not below the Dragon.

The first valid SonicR short setup does exist now, but PA seems to be into consolidation (waiting and preparing) until upcoming USD high impact release in just under 1.5 hours.
Attached Image (click to enlarge)
Click to Enlarge Name: vc22xxsfdsccc.jpg Size: 122 KB
  • #22,742
  • Jul 1, 2011 7:41am Jul 1, 2011 7:41am
SonicR VA Candles Indicator:

I have received this PM...

"hi TAH

check your candle volume code. sometimes there is situation when candle becomes blue first, and after changes to green/red. i blue body was longer than green/red, you can see both colors at the same candle "

I noticed that some days ago, and it has already been fixed. I intend to post the fix over the weekend.
  • #22,743
  • Jul 1, 2011 7:42am Jul 1, 2011 7:42am
Quoting traderathome
EU:
As PA stands now, it is thefirst strong Sonic R. short setup today. [...]
Definitely agree with almost everything you said. It is always better to go along with the higher TF trend. Thus, only good RR trades are entered when going against it.

As for the SonicR setup below Support, you mentioned that 1.4481 would be the entry. My broker shows the recent low at 1.4477. I suppose it's because of the different brokers.
cut losses short, let profits run.
  • #22,744
  • Jul 1, 2011 7:49am Jul 1, 2011 7:49am
Quoting nando_rich
4 scenaries posibles:

1. test DTL and down
2. break UTL and down
3. break UTL and UP.
4. nothing of the above

we'll see.
I like how you paint all possible scenarios ant post it. That way people can know what to expect.
cut losses short, let profits run.
  • #22,745
  • Jul 1, 2011 7:50am Jul 1, 2011 7:50am
Quoting Domas4
Definitely agree with almost everything you said. It is always better to go along with the higher TF trend. Thus, only good RR trades are entered when going against the trend.

As for the SonicR setup below Support, you mentioned that 1.4481 would be the entry. My broker shows the recent low at 1.4477. I suppose it's because of the different brokers.
The low is 1.4477, but the S&R center is more like 1.4481. And what I said was,...

".....it is better to wait for PA to break below the previous lows at that S&R area."
Attached Image (click to enlarge)
Click to Enlarge Name: # july 01, 2011 - 005..gif Size: 28 KB
  • #22,746
  • Jul 1, 2011 7:58am Jul 1, 2011 7:58am
Quoting Domas4
I like how you paint all possible scenarios ant post it. That way people can know what to expect.
I love how we paint all possible senarios and post them, and still don't know what to expect!

(Come to think of it, this statement probably defines the bias we should all have, entering the London session. )
  • #22,747
  • Jul 1, 2011 8:06am Jul 1, 2011 8:06am
Quoting traderathome
I love how we paint all possible senarios and post them, and still don't know what to expect!
Of course...for that reason is point 4

but it's important haven't a BIAS...just acting in basis the PA tell you...

scenarie 1...BE
scenarie 2...confirm my trade
scenarie 3 ...i could think in long setup.

Best Regards.
"Being picky only cost your time - not MONEY"...Hans
  • #22,748
  • Jul 1, 2011 8:12am Jul 1, 2011 8:12am
Quoting traderathome
[...]
(Come to think of it, this statement probably defines the bias we should all have, entering the London session. )
Quoting nando_rich
[...]
but it's important haven't a BIAS...just acting in basis the PA tell you...
[...]
You guys are hitting nail right on the head.
cut losses short, let profits run.
  • #22,749
  • Jul 1, 2011 8:14am Jul 1, 2011 8:14am
Quoting nando_rich
4 scenaries posibles:

1. test DTL and down
2. break UTL and down
3. break UTL and UP.
4. nothing of the above

we'll see.
PB to the Dragon and down...

scenarie 2 at the moment.

I lowered my sl a bit just above the last PB.

Good luck!!!
Attached Image (click to enlarge)
Click to Enlarge Name: eu2_m15.gif Size: 25 KB
"Being picky only cost your time - not MONEY"...Hans
  • #22,750
  • Edited 8:33am Jul 1, 2011 8:21am | Edited 8:33am
Quoting traderathome
Proper PA Wave in S&R area
- Dragon angle
- PA on proper side of Dragon
- PA on proper side of Trend, if the Trend is used
WOW! Much Thanks! No wonder I was so confused. That was from the manual on the first page. Reading reading and check current posts.... What in the WORLD? I am traditionally a C&D trader. Trend with current weakness = future strength model. While using variable time frames for lineups.

Questions...

1) What is the method used for S&R. I know many use all different type of approaches but for this system what is used? Is it still the pivot based on the previous daily bar and three R's and S's, trend lines and along with tops and bottoms of past open waves? That tends to be a mess and was looking to be simple but complete with the system.


2) When you say PA on the proper side of the dragon. Would not the PA have to be below(going long) the dragon to come through the tunnel? Just clarifying.

3) On Sonics page he says two systems is there another one? I see something about sonci scout. If that is it where do I read about it after I study and apply this. Does it have a present manual?

4) What currencies can be traded without to much overlap of influence in "your" opinion? So basically I can use less leverage per trade but overall the same leverage used. Basically spread it out.

5) so which template do we use now from the front page?

6) What is the bias indicator now? It used to be the side of the "close" of the previous days bar in relation to the pivot.

Thanks much as I really really want to learn this system and understand the mindset of it.
  • #22,751
  • Jul 1, 2011 8:23am Jul 1, 2011 8:23am
Quoting nando_rich
PB to the Dragon and down...

scenarie 2 at the moment.

I lowered my sl a bit just above the last PB.

Good luck!!!
"Good luck!!!"
What?

Luck? We should leave anything about a trade to "Luck"? ....to the dark Market Forces, all of which graduated from the Darth Vadar School For Dark Market Forces with honors in "Screwing the Retailers"....?
  • #22,752
  • Jul 1, 2011 8:27am Jul 1, 2011 8:27am
Quoting traderathome
"Good luck!!!"
What?
Luck? We should leave anything about a trade to "Luck"? ....to the dark Market Forces, all of which graduated from the Darth Vadar School For Dark Market Forces with honors in "Screwing the Retailers"....?
I think he means he's out for a weekend. Leaving the market do its job.

Anyways, very good SL placement Nando.
cut losses short, let profits run.
  • #22,753
  • Jul 1, 2011 8:30am Jul 1, 2011 8:30am
Quoting traderathome
"Good luck!!!"
What?

Luck? We should leave anything about a trade to "Luck"? ....to the dark Market Forces, all of which graduated from the Darth Vadar School For Dark Market Forces with honors in "Screwing the Retailers"....?

LOL...you are crazy...

I mean...i wish good luck for all...i don't need my trade is winer already...

Let the market to decide.

Regards.
"Being picky only cost your time - not MONEY"...Hans
  • #22,754
  • Jul 1, 2011 8:34am Jul 1, 2011 8:34am
Quoting Domas4
I think he means he's out for a weekend. Leaving the market do its job.

Anyways, very good SL placement Nando.
Thanks mate. I try to learn from a master like you.
"Being picky only cost your time - not MONEY"...Hans
  • #22,755
  • Jul 1, 2011 8:43am Jul 1, 2011 8:43am
EU:

Today market forces have had plenty of time to prepare for any drive. Pa has now dropped thru a S&R area that has supported price. Another S&R area is just below. The high impact release is only about 20 minutes away. There are 60 pips to be made between this lower S&R and RgL, which is in a likely target area.
Attached Image (click to enlarge)
Click to Enlarge Name: # july 01, 2011 - 006..gif Size: 26 KB
  • #22,756
  • Jul 1, 2011 8:58am Jul 1, 2011 8:58am
Quoting PipDizzle
IMHO , what does this mean ?
"IMHO" normally means "In My Humble Opinion".
Means the person giving their view point in a nicer manner.
  • #22,757
  • Jul 1, 2011 9:03am Jul 1, 2011 9:03am
Quoting nando_rich
4 scenaries posibles:

1. test DTL and down
2. break UTL and down
3. break UTL and UP.
4. nothing of the above

we'll see.

Nando, it is good that you draw out the different scenarios.

Question is "how" and "specific when" will you know which scenario to take ?

This is the part I am not sure how to read.

And will it be too late by then ?
  • #22,758
  • Jul 1, 2011 9:08am Jul 1, 2011 9:08am
Quoting foxybunny
"IMHO" normally means "In My Humble Opinion".
Means the person giving their view point in a nicer manner.
Thanks Foxybunny , always wondered what that meant...
  • #22,759
  • Jul 1, 2011 9:09am Jul 1, 2011 9:09am
E/U: TP2 hit.

Have a good weekend all.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: vc22xxsfdsccc.jpg Size: 122 KB
Click to Enlarge Name: vc22xxsxczdxd33dfff.jpg Size: 131 KB
cut losses short, let profits run.
  • #22,760
  • Jul 1, 2011 9:23am Jul 1, 2011 9:23am
Quoting Domas4
E/U: TP2 hit.

Have a good weekend all.
congrats!!!

I'm out too...

stopping vol in S&R
"Being picky only cost your time - not MONEY"...Hans
31 traders viewing now