Sonic R. System | Page 1179 | 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

  • #23,561
  • Jul 20, 2011 5:10am Jul 20, 2011 5:10am
Quoting sonicdeejay
Careful with long..
I m bullish bias but I seeing big spin vol come in near 1.420x..

Take big patience pill..
Sonic
Ur should be TP1 at least..

Piercing or Stopping vol?? time will tell
Sonic
Attached Image (click to enlarge)
Click to Enlarge Name: shi.gif Size: 77 KB
  • #23,562
  • Jul 20, 2011 5:10am Jul 20, 2011 5:10am
Quoting ldytzhi
Yes,where to set SL is a major dilemma of mine.I have to make a balance between the R:R rate and the risk I can afford,cause the amount of my account is tiny. Do you have similar experience or good idea about that?
Thank you,Sonic.
Regards
Ldytzhi
The amount of your account is not so much important. Try to see things as "percentage". even if you have a 500$ account, and you can score 10% per month, although 50$ is nothing to impress, but it's 10% ... Try to see it as a long term business, and then you have a big account, investing or expanding your account.

Setting SL is much much more easier than taking profit. There's two placed that you can set it. One beyond the first High/Low, and second beyond the second High/Low. Of course the first one have higher chance to be a successful trade, but it also widen the SL which will bring down your Sharpe ratio (Reward/Risk), vice versa for second place for putting your SL.

Another thing that I want to mention is "there are three factors which you should have highly noted when you're developing or testing a method", which are :
1) Sharpe Ratio (Reward/Risk)
2) Win rate
3) Losing strike (worst case of SLs that been hit in a row)
[If there is any question about these three, shoot up]
The thing is you should consider them together. It takes time, but there is no other way. It IS the shortcut, and there is no shorter way to become successful. You need the experience, so work on what you think is your weaknesses.

Again, I bring up somethings that I believe is useful using some posts. See it as a general post.

Regards,
Basber
Trading methods are designed to put the odds in our favor, not predicting.
  • #23,563
  • Jul 20, 2011 5:12am Jul 20, 2011 5:12am
Quoting hansma
Works again Tp 1 and 2 hit
The reason some of us are here for few years ...

Regards,
Basber
Trading methods are designed to put the odds in our favor, not predicting.
  • #23,564
  • Jul 20, 2011 5:15am Jul 20, 2011 5:15am
Quoting sonicdeejay
Ur should be TP1 at least..

Piercing or Stopping vol?? time will tell
Sonic
I will shut down my long @ 1.4190 if it returns and I will add to it if it breaks 1.4220 ..

Let's see what will happen next ..

Regards,
Basber
Trading methods are designed to put the odds in our favor, not predicting.
  • #23,565
  • Jul 20, 2011 5:33am Jul 20, 2011 5:33am
Quoting ldytzhi
Yes,where to set SL is a major dilemma of mine.I have to make a balance between the R:R rate and the risk I can afford,cause the amount of my account is tiny. Do you have similar experience or good idea about that?
Thank you,Sonic.
Regards
Ldytzhi
I have similar problem with you last time around, my broker allows minimum 0.1 lot and my account is so small that with 0.1 lot and 25 pips SL, it would risk 15% my account already, and I blown it.

My advice: Not to start trading when you are not ready, reason for you is you are still undercapitalized. Choose another broker which allow smaller lot-size or play with demo
  • #23,566
  • Jul 20, 2011 5:40am Jul 20, 2011 5:40am
Quoting hansma
Works again Tp 1 and 2 hit
I m glad..

http://www.quantumdiaries.org/wp-con...6/rock-on3.jpg

Sonic
  • #23,567
  • Jul 20, 2011 5:49am Jul 20, 2011 5:49am
Quoting sonicdeejay
I m glad..
Sonic
Thank you Master
"The future is already written in the past"
  • #23,568
  • Jul 20, 2011 5:49am Jul 20, 2011 5:49am
Quoting Doncex
I see long eu,m5,m30 tf

buystop 4195 level,tp 4234,sl 4155,lets see what it gives to me...

live trade fellas
live trade m5 tf closed with 43 pips,second opend m15 tf long,and closed first tp 32 pips,second tp is 4296 level
I take two orders on m15tf,becouse 4 hour tf is up,dump up

let take a ride UP! a little bit FELLAS
Attached Image(s) (click to enlarge)
Click to Enlarge Name: eubuystop.gif Size: 21 KB
Click to Enlarge Name: eu tp +75pips,sl on be.gif Size: 19 KB
Click to Enlarge Name: eu tp m15tf.gif Size: 19 KB
  • #23,569
  • Jul 20, 2011 5:57am Jul 20, 2011 5:57am
GU m5 looks like nice long setup,what others trades opinion?
Attached Image (click to enlarge)
Click to Enlarge Name: gu.gif Size: 21 KB
  • #23,570
  • Jul 20, 2011 6:26am Jul 20, 2011 6:26am
Quoting enigma4x
one chart masta only for ya and offcause for the rest of sonicaz

Attachment


my plan to exit cable is at 1.64** about 3-5% with one trade- it is enought for me. So i accept some loosers but my rr ration and hitrate will protect my money.
enigma4x


trading is simple but not easy

Attached Image (click to enlarge)
Click to Enlarge Name: enigma4x_20.07_cable_sonic_on_icce_9.jpg Size: 229 KB


enigma4x
enjoy my life ... and ride the waves - all what I do
  • #23,571
  • Jul 20, 2011 6:31am Jul 20, 2011 6:31am
Quoting mtbf40
Doncex

You have no time to trading, but enough time to write some bullshit, and offend others!!

...have respect opposite other Tradern

regards mtbf40
mtbf40 I the boss of myself in my business,some days i have no time to trading forex,but some days I have time,so trade forex,then I have freetime

forex as in the my main business,buy low,sell high

I dont like trader tah trading "method" (it not sonic!!!!),especialy experimental method in sonic R thread

in sonic R thread need to put original sonic R trades,re entry trades,or not experimental !!!!!! which has no have positive results

Traders do not trust indicators as a Stopping vol,macd,rsi and others,becouse indicators is only for loosers

PA AND S/R LEVELS,STRONG WAVES,GOOD TIME TAKING IS ALL THAT WEE NEED THE MOST :cool:
  • #23,572
  • Jul 20, 2011 6:42am Jul 20, 2011 6:42am
[quote=Doncex;4795005]mtbf40 I the boss of myself in my business,some days i have no time to trading forex,but some days I have time,so trade forex,then I have freetime


"Traders do not trust indicators as a Stopping vol,macd,rsi and others,becouse indicators is only for loosers"


Maybe you should get rid of your own indicators in your own charts
"The future is already written in the past"
  • #23,573
  • Jul 20, 2011 6:45am Jul 20, 2011 6:45am
Quoting traderathome
Doncex,

1. I never asked anyone to follow my current experiment in trading, started in November 2010. In fact, everytime I have answered questions about it, I have advised that others should not follow it!

2. You are grossly in error to think that this experimental method is not positive! I have far, far more winners than losers, and far,far, far more pips gained than lost! When the experiment is finished, I intend to post the summary results. Meanwhile, net pips profit:
...
Now, TAH, no need to get so sporited in your response to Doncex when even Sonic himself has been gently trying to persuade not to follow this course.

I would like to add two questions to the discussion (let's keep a discussion and not a war, ok?):

1) What is your total cumulative open pips loss on this current trade in the EU where you have shorted now six or seven times into the current rally off of last weeks low?

2) Why experiment with pyramidding your losers? I can only imagine what your results would be if you would instead pyramid your winners and adhere to a strict stop loss on all of your losers.

This experiment of yours is doing exactly the opposite of what I would argue you should be doing: You are cutting your profits short with your TP's, but letting your losers run by not using a set SL, and athen adding to your losers.

So, let's discuss, shall we?

-ddaytrader
  • #23,574
  • Edited 7:30am Jul 20, 2011 7:10am | Edited 7:30am
Quoting traderathome
UCad:

Similarly as with EU, I have twice added during my absence, and killed the SL.

EP2 long = 0.9551, and EP3 long = 0.9498
UCad:

Added EP4 long = 0.9460 at S&R.
Attached Image (click to enlarge)
Click to Enlarge Name: # july 20, 2011 - 188.gif Size: 31 KB
  • #23,575
  • Jul 20, 2011 7:33am Jul 20, 2011 7:33am
Quoting traderathome
UCad:

Added EP4 long = 0.9460.

i placed my #1 entry, with smallest quantity at 0.9466, dont worry, im on my own riskhttp://www.forexfactory.com/images/icons/icon7.gif
  • #23,576
  • Jul 20, 2011 7:34am Jul 20, 2011 7:34am
eu long re entry possibility
Attached Image (click to enlarge)
Click to Enlarge Name: eu re entry posibility.gif Size: 19 KB
  • #23,577
  • Jul 20, 2011 8:03am Jul 20, 2011 8:03am
Doncex VS TAH
Inserted Video

born to speculate
  • #23,578
  • Jul 20, 2011 8:19am Jul 20, 2011 8:19am
Quoting aligater
Doncex VS TAH
http://www.youtube.com/watch?v=oRpej...eature=related
I've seen this vid so many times and it still cracks me up, lol
  • #23,579
  • Jul 20, 2011 8:19am Jul 20, 2011 8:19am
Quoting Doncex


live trade m5 tf closed with 43 pips,second opend m15 tf long,and closed first tp 32 pips,second tp is 4296 level
I take two orders on m15tf,becouse 4 hour tf is up,dump up

let take a ride UP! a little bit FELLAS

eu m15tf long hit sl,8 pips

Im still look for long eu,Im bullish on eu for a moment,just wait news in hour time
Attached Image(s) (click to enlarge)
Click to Enlarge Name: eu tp m15tf.gif Size: 19 KB
Click to Enlarge Name: eu sl,8 pips.gif Size: 19 KB
  • #23,580
  • Jul 20, 2011 8:20am Jul 20, 2011 8:20am
Quoting aligater
Doncex VS TAH
http://www.youtube.com/watch?v=oRpej...eature=related
that was funny
224 traders viewing now