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Sonic R. System

  • #23,781
  • Jul 23, 2011 10:08pm Jul 23, 2011 10:08pm
Quoting ddaytrader
Let me ask you this: I do not day trade often, but as I decided to hang about the thread this week, I couldn't help myself. What do you think of this as far as a SonicR set up:

DD, hope you don't mind I comment.
Just attached my comments to your chart, don't know how big is the bar as no price or time showing in original chart.


Attached Image
  • #23,782
  • Jul 23, 2011 10:32pm Jul 23, 2011 10:32pm
Quoting foxybunny
DD, hope you don't mind I comment.
Just attached my comments to your chart, don't know how big is the bar as no price or time showing in original chart.

The blue line is the entry level - keyed off of the high of the candle from which it is drawn.

The candle on which my buy stop was filled is circled below. My reason for posting the chart was more to ask the question: "Is this or is this not, based upon the infromation presented, a valid SonicR set up?"
Attached Image (click to enlarge)
Click to Enlarge Name: SonicR or Not.jpg Size: 102 KB
  • #23,783
  • Jul 23, 2011 10:54pm Jul 23, 2011 10:54pm
Quoting ddaytrader
The blue line is the entry level - keyed off of the high of the candle from which it is drawn.

The candle on which my buy stop was filled is circled below. My reason for posting the chart was more to ask the question: "Is this or is this not, based upon the infromation presented, a valid SonicR set up?"

OK, understood.

Based on the info, I would say it is a valid SonicR setup.
The only difference might be I may put the Stop Loss lower at the Support line depending upon the pips size there.
  • #23,784
  • Jul 24, 2011 1:05am Jul 24, 2011 1:05am
We had a nice stop vol. aka support vol seen on Friday session..
Euro Bullish...


Sonic
Attached Image (click to enlarge)
Click to Enlarge Name: r.gif Size: 50 KB
  • #23,785
  • Jul 24, 2011 1:13am Jul 24, 2011 1:13am
Quoting traderathome
You can narrow the space same way as widening it. The vLines and shifted time zone pivots were removed due to so much difficulty with people not even bothering to read the instructions and set them up properly. Nothing is better than something wrong. Anyway, the Clock Panel is just as accurate in displaying the open times of markets, and keeps the chart much cleaner.
Thanks for your help and great efforts to this thread!!
  • #23,786
  • Jul 24, 2011 4:40am Jul 24, 2011 4:40am
Here it goes ..

Hi Sonicdeejay,

I just want to say that your thread is showing some real promise for long term FX sustainability.
Good work!

I am in contact with a few traders on this forum regarding trading for a hedge fund that my group is setting up. We have extremely deep pockets, millions are 1 phone call away, and billions a few calls away. One of our money suppliers loans and donates money to 3rd world countries.

We are in the business of making money.
We want to find the new up and coming Michael Jordan's of trading, and help make them successful on a truly big scale.

At the institutional level..10 mil +, spreads are much smaller, and market depth is actually available.
Example a 20% net month would make you $200,000.
This is the real "big boys" stuff you hear about.
There is due diligence that must be done of course. Review P/L statements, and get to know you type of things.
Anyway, we're getting ready to launch, and I'm contacting a few traders I've been following on FF and else where.
I will teach our traders how we use a powerful compounding formula to exponentially make profits. I was the CEO of a international MMF, an headed the CTA selection committee. Got my Series 3 in Chicago in 1994.

This is just a hello, to see if you might be interested, and if there is a possible fit for us.

Cheers,
XXXXX


I omit the sender name..intentionally...
What do ya guys think??
Sonic
  • #23,787
  • Jul 24, 2011 7:33am Jul 24, 2011 7:33am
Quoting sonicdeejay
Here it goes ..

Hi Sonicdeejay,

I just want to say that your thread is showing some real promise for long term FX sustainability.
Good work!

I am in contact with a few traders on this forum regarding trading for a hedge fund that my group is setting up. We have extremely deep pockets, millions are 1 phone call away, and billions a few calls away. One of our money suppliers loans and donates money to 3rd world countries.

We are in the business of making money.
We want to find the new up and coming Michael Jordan's of trading, and help make...
Must be NICE !
  • #23,788
  • Jul 24, 2011 7:48am Jul 24, 2011 7:48am
Quoting sonicdeejay
Here it goes ..

Hi Sonicdeejay,

I just want to say that your thread is showing some real promise for long term FX sustainability.
Good work!

I am in contact with a few traders on this forum regarding trading for a hedge fund that my group is setting up. We have extremely deep pockets, millions are 1 phone call away, and billions a few calls away. One of our money suppliers loans and donates money to 3rd world countries.

We are in the business of making money.
We want to find the new up and coming Michael Jordan's of trading, and...
Hey bud,

serious question?
Hero calls followed by margin calls...
  • #23,789
  • Jul 24, 2011 8:00am Jul 24, 2011 8:00am
Quoting sonicdeejay
...What do ya guys think??
Sonic
Hi Sonic, I'm back for a while.

In the past few years I have received similar invitations a few times in honor of the analysis/set-ups I publicly shared for years (not here, I'm qiuet new here). And a few times I said yes.

If you have a signed contract to start, you have nothing to lose and being a trader you preserve your independence. If you have never tried, this is going to be an interesting and educational adventure/experiment for you, you'll see. I know this from my experience, though mine was an e-mail based service for my client providing well timed set-ups and easy to understand instructions instead of automatically copying the orders from one account into another like MT4 Forex Copier or ZuluTrade does (this type of soultions mean much less workload compared to an e-mail based service) - and it was on the stock market with very good hit rate.

Give it a shot, depending on the way you provide your signals to your client above, basically you will do almost the same like you do for your own everyday business - you have nothing to loose, indeed.

All the best.
Mind the gap
  • #23,790
  • Jul 24, 2011 8:05am Jul 24, 2011 8:05am
Quoting sonicdeejay
Here it goes ..

"...I am in contact with a few traders on this forum regarding trading for a hedge fund that my group is setting up..."

I omit the sender name..intentionally...
What do ya guys think??
Sonic
I have had few of these, and aprevious offer from a year or so ago was jsust renewed last week. I have always responded cordially, but I have real interest in trading at that level at the present time.

And you always have to wonder which offers are legitimate, if any, and which are an elaborate scam to solicit your own funds or to trick you into simply opening an account at their broker of choice.

What do you think, Sonic?

DD
  • #23,791
  • Jul 24, 2011 8:11am Jul 24, 2011 8:11am
Quoting ddaytrader
The blue line is the entry level - keyed off of the high of the candle from which it is drawn.


The candle on which my buy stop was filled is circled below. My reason for posting the chart was more to ask the question: "Is this or is this not, based upon the infromation presented, a valid SonicR set up?"



Quoting foxybunny
OK, understood.

Based on the info, I would say it is a valid SonicR setup.
The only difference might be I may put the Stop Loss lower at the Support line depending upon the pips size there.
Thank you foxybunny. I am hoping to hear form others as well, including Sonic himself. This is not a trick question - I simply want to see whether we are or are not in agreement over certain aspects of SonicR.

So how about - new Sonikers and old Sonikers alike: Is the attached trade, based upon the information provided, a classic SonicR or not?
Attached Image (click to enlarge)
Click to Enlarge Name: SonicR or Not.jpg Size: 102 KB
  • #23,792
  • Jul 24, 2011 8:14am Jul 24, 2011 8:14am
Quoting sonicdeejay
Here it goes ..

Hi Sonicdeejay,

I just want to say that your thread is showing some real promise for long term FX sustainability.
Good work!

I am in contact with a few traders on this forum regarding trading for a hedge fund that my group is setting up. We have extremely deep pockets, millions are 1 phone call away, and billions a few calls away. One of our money suppliers loans and donates money to 3rd world countries.

We are in the business of making money.
We want to find the new up and coming Michael Jordan's of trading, and help make...

Base on my experience, if that guy is serious, flight ticket and 5 stars hotel will be offered for interview. To risk big money is nothing similar to personal investment, as you must be responsible to the board and share holders.. ect, thus procedures must be set and followed. It worth to try.. and it up to you Sonic.


However, on the opposite side, this sentence sounds a little bit fishy: “Anyway, we're getting ready to launch, and I'm contacting a few traders I've been following on FF and else where.”

Good luck mate!!
seeing through
  • #23,793
  • Jul 24, 2011 8:19am Jul 24, 2011 8:19am
Quoting sonicdeejay
We had a nice stop vol. aka support vol seen on Friday session..
Euro Bullish...


Sonic
I do not use volume myself, Sonic, but the way you are using it in a VSA approach makes much more sense than when volume was first introduced to this thread. Back then, many were trying to interpret what random volume spikes at random levels within a long periods of price consolidation meant, and such random blips really have no indicative value with respect to price. However, large volume after a quick run down or up with a subsequent price reversal is often useful to confirm the staying power of the reversal.

Of course, volume considerations aside, "the most bullish thing the market can do is go up," as the saying goes, whether it is accompanied by high volume or not!
  • #23,794
  • Jul 24, 2011 9:04am Jul 24, 2011 9:04am
Quoting sonicdeejay
We had a nice stop vol. aka support vol seen on Friday session..
Euro Bullish...


Sonic
Hello al , back from lovelly weekend

Eur Usd is not Bullish yet ,,,
3303 1 target...unless sustain 4377..

aligator

p.s. if I have time I will post chart later.
born to speculate
  • #23,795
  • Jul 24, 2011 9:40am Jul 24, 2011 9:40am
Quoting aligater
Hello al , back from lovelly weekend

Eur Usd is not Bullish yet ,,,
3303 1 target...unless sustain 4377..

aligator

p.s. if I have time I will post chart later.
1.3303 ?
  • #23,796
  • Jul 24, 2011 10:11am Jul 24, 2011 10:11am
here is my EU trading plan for the week, bare in mind that, the plan could change as the situation develop.

EU 15M cassic Sonic R trade.
1. H1 & H4 trend up. (I don't consider daily trend for 15M trade)
2. key levels: 3 red resistance, one gold support. (as chart show), clean break down the gold support will chage view to bearish.

3. possible long entry at gold support with condition:
a. gold support test and hold well.
b. seeing M15 trend reversal singnal forming around the gold support
c. other Sonic R rulls fill.
b. all above conditions must be filled
4. long trade target base one S/R

5. possible short entry at the three red resistant level.
a. H1 see reversal pattern
b. see near-term support level flip as resistant level, and tested
c. other Soinc R rulls fill.
b. all above conditions must be filled
Attached Image (click to enlarge)
Click to Enlarge Name: eu h4.jpg Size: 95 KB
seeing through
  • #23,797
  • Jul 24, 2011 10:29am Jul 24, 2011 10:29am
Weekly EU

http://www.forexfactory.com/showthre...53#post4804853
  • #23,798
  • Jul 24, 2011 10:47am Jul 24, 2011 10:47am
I just wanted to thank DD and TAH from the bottom of my heart for putting their time to post here such a valuable discussions. Sometimes I see there are not much appreciation to these two people. Even when I want to read their posts, it takes me hours (I'm not a slow reader ), it make me think how much time they put to organize their thoughts and put it into order and post them here ... I'm sure they have many other things to do, which may be far more interesting than posting here. But they are here, doing what many many other successful traders don't do, "helping others", for free. I believe they recieve very very small due to what they give to this small community. Just think for a second ... Why they are doing this ?! And one important thing is what we can do to thank them ... I assume nothing will be more satisfying for them more than be thankful and open to their lessons. I'm sure the joy of helping people is when they see the results, that changed many traders trading career.

So, Again, on my behalf, I thank you both again from the bottom of my heart and I really really have the best wishes for you two specially and many others who contribute here without any expectations.

Best Regards,
Basber
Trading methods are designed to put the odds in our favor, not predicting.
  • #23,799
  • Jul 24, 2011 10:57am Jul 24, 2011 10:57am
Quoting sonicdeejay
Here it goes ..

Hi Sonicdeejay,

I just want to say that your thread is showing some real promise for long term FX sustainability.
Good work!

I am in contact with a few traders on this forum regarding trading for a hedge fund that my group is setting up. We have extremely deep pockets, millions are 1 phone call away, and billions a few calls away. One of our money suppliers loans and donates money to 3rd world countries.

We are in the business of making money.
We want to find the new up and coming Michael Jordan's of trading, and help make...
I don't like to get involved with such investments. My father passed away about 3.5 years ago and thank god he left me a huge wealth. So I'm working with my own money and I have a huge account, not millions, but the income is sufficient to do anything I like ... So why bother if you have a good income ? I love this job because I don't have any boss, or employee, but in that case, you don't own your time and mind no more. You're working for someone else. For many people, the income worth the boss thingy, but not for me. Everybody likes the 200K income per month, But I like my freedom much more .. Just my opinion, because I had such offers in my hometown.

Regards,
Basber
Trading methods are designed to put the odds in our favor, not predicting.
  • #23,800
  • Jul 24, 2011 11:01am Jul 24, 2011 11:01am
Quoting Basber
I don't like to get involved with such investments. My father passed away about 3.5 years ago and thank god he left me a huge wealth. So I'm working with my own money and I have a huge account, not millions, but the income is sufficient to do anything I like ... So why bother if you have a good income ? I love this job because I don't have any boss, or employee, but in that case, you don't own your time and mind no more. You're working for someone else. For many people, the income worth the boss thingy, but not for me. Everybody likes the 200K income...
absolutely,

Quote
I don't have any boss, or employee

there are two very important aspects of trading,

first the money...
second.... the time and freedom to divide your daily time etc.....

second > first.

time is the most important and valueable good in my opinion....
Hero calls followed by margin calls...
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