Sonic R. System | Page 1279 | 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

  • #25,561
  • Aug 26, 2011 11:48am Aug 26, 2011 11:48am
Quoting nando_rich
if i was a BB i'd take some profit now...

yes, 1.45 round number touched and orgasm
trade safe
  • #25,562
  • Aug 26, 2011 11:55am Aug 26, 2011 11:55am
Quoting traderathome
Hi Domas4!

Well, after the fact it is always easy to draw a chart "confirming" what should have been "quessed at" earlier. Your chart is no exception. Look at my chart, also a possibility at that time. There was high "stopping volume" to go with a repeated pattern, this time at the bottom of a range again. This indicated high probability for a move back up, maybe not far, but far enough. My error, if you can call it that (but you can't) is not guessing right! It is not an error because taking a Sonic Scout entry, even in a repetitive pattern,...
Tah, thanks for detailed response.
__________________________________________________________
"Well, after the fact it is always easy to draw a chart "confirming" what should have been "quessed at" earlier. Your chart is no exception. Look at my chart, also a possibility at that time."

Tah, your chart was fine as it was until you had your "FE study redrawn". Sure there was possibility to run higher, but once the higher low was broken - it's broken. That means, you should have got out of trade and considered going short. Instead, you basically repainted the wave as you see fit in order to justify yourself for opening another long.
__________________________________________________________
"There was high "stopping volume" to go with a repeated pattern, this time at the bottom of a range again."
Even thou these indicators as stopping volume and ranges might be helpful - they are not leading indicators and therefore your trade decisions should not be lead by them. Trade decisions must be lead by price action.
__________________________________________________________
"My error, if you can call it that (but you can't) is not guessing right!"

I'd say we all guess when we take trades. It's fine to have losses and be wrong. The error here is not cutting your losses short and averaging a losing trade. The SonicR has clearly defined rules where SL should be. I think ddaytrader expanded on that and gave quite a few reasons why averaging loosing trades is dangerous.
__________________________________________________________
"It is not an error because taking a Sonic Scout entry, even in a repetitive pattern, even at the bottom of a range, is a high risk trade."

"That does not yet tell me I should not use a SL. It tells me that Scout trades are indeed higher risk."

If they are higher risk trades, then why trade those Sonic Scouts at all?
__________________________________________________________
"I wasn't wrong, the market just decided otherwise, which is just part of trading."

If market decided otherwise, then you were wrong.

If only you had your looser choked just at that level and entered short, you would have made more money. Instead, using your strategy, a trader has to sit and watch how the trade goes against him and increase his risk. As a result:

a) Money are frozen until you are either break even or in profit.
b) You can never open large positions, because you will have to average it later.
c) An object that is in motion will not change its velocity unless an unbalanced force acts upon it. - Newton. It means that the bets (statistical probabilities) are against you when you go against the trend.

Sorry for the preaching, but I think you said you want to trade pure SonicR and I want to help.
cut losses short, let profits run.
  • #25,563
  • Aug 26, 2011 12:06pm Aug 26, 2011 12:06pm
and how far shall she fall?

Attached Image (click to enlarge)
Click to Enlarge Name: EU_8-24-13_31.png Size: 145 KB
  • #25,564
  • Aug 26, 2011 12:17pm Aug 26, 2011 12:17pm
Quoting zz_zhang
yes, 1.45 round number touched and orgasm

yep and took 22 pips on the fall.
  • #25,565
  • Aug 26, 2011 12:19pm Aug 26, 2011 12:19pm
oh great 1.4400 I shall be watching the waves to your magnetism. HAHAHAHAH
  • #25,566
  • Aug 26, 2011 12:30pm Aug 26, 2011 12:30pm
Quoting TRMZXT
yep and took 22 pips on the fall.

how did the chart show that the 1.4500 was the max then you took the quick short?
  • #25,567
  • Aug 26, 2011 12:45pm Aug 26, 2011 12:45pm
Quoting shujiXakira
how did the chart show that the 1.4500 was the max then you took the quick short?

Go to the 1 HR or a 4 Hour chart and look at tops and think whole numbers. All about confidence!
  • #25,568
  • Aug 26, 2011 1:04pm Aug 26, 2011 1:04pm
Quoting TRMZXT
Go to the 1 HR or a 4 Hour chart and look at tops and think whole numbers. All about confidence!
i see ..then how about the 1.432x..how were you able to know that was the max and in such you did a long?

your trading style is really amazing...you profit both ways...
  • #25,569
  • Aug 26, 2011 1:19pm Aug 26, 2011 1:19pm
Quoting shujiXakira
i see ..then how about the 1.432x..how were you able to know that was the max and in such you did a long?

your trading style is really amazing...you profit both ways...

low from yesterday... backed off hard. Made a weak move fib down and then broke up then made a trend line and it never came close.

confidence is a two way street you just need to know the limits!
  • #25,570
  • Aug 26, 2011 1:39pm Aug 26, 2011 1:39pm
Quoting TRMZXT
Go baby GO!
I agree with Nando. Your charts are not at all clear and you are clearly not trading SonicR. If you feel you are trading SonicR with your own "slant" then you need to explain it to us and convince us that that is the case. If you are not trading SonicR, then this is not the thread for you.

So, if you are trading a modified SonicR, then you need to post annotated charts and a full explanation of what you are doing.

If you are not trading SonicR, then start a thread devoted to what you are doing. This thread is already too big and chock full of junk. We do not need more unrelated garbage. SonicR thread is quickly becoming the FF version of Hoarders where everything goes and everything stays.
  • #25,571
  • Aug 26, 2011 1:47pm Aug 26, 2011 1:47pm
LOL.... and YEs that is a 20 second chart
Attached Image (click to enlarge)
Click to Enlarge Name: EU_8-24-13_33.png Size: 181 KB
  • #25,572
  • Aug 26, 2011 1:53pm Aug 26, 2011 1:53pm
Quoting ddaytrader
I agree with Nando. Your charts are not at all clear and you are clearly not trading SonicR. If you feel you are trading SonicR with your own "slant" then you need to explain it to us and convince us that that is the case. If you are not trading SonicR, then this is not the thread for you.

So, if you are trading a modified SonicR, then you need to post annotated charts and a full explanation of what you are doing.

If you are not trading SonicR, then start a thread devoted to what you are doing. This thread is already too big and chock full...
I apologize and understand. Just answering S/R and PA and the mentality behind it as all trading systems are based on confidence and S/R levels. I made a few points of PA. I have not said really anything about indi just PA and how it works with confidence. All trading should have that taught because if we see it we have confidence in trades and direction. The dragon is PA entry point area. As has been stressed on here and I have simply pointed out those areas and the reasons you should know when to take profit and keep it and get out which is my points. sorry if I offended.
  • #25,573
  • Aug 26, 2011 2:17pm Aug 26, 2011 2:17pm
Quoting traderathome
UChf:

Finally, these eleven trades are closed.

Closed = 0.8139, minus average EP = 0.8004, minus spread, equals net gain of 130 pips for each part, X eleven, equals net profit of 1,430 pips.
Congratz TAH, you've got very big heart

To Sonic: You are a hell of a trader Sonic, hat off to you
  • #25,574
  • Aug 26, 2011 2:18pm Aug 26, 2011 2:18pm
Quoting TRMZXT
LOL.... and YEs that is a 20 second chart
Hi Mark,if that is your real name ?

As ddaytrader just said take your business and charts elsewhere, cause you are not grasping the idea of the Sonic R thread.

1. Last post 20 sec chart - On Sonic Thread we use 15 min.

2. I have never seen any of your entries ?

3. I can also yell Muahhahaha 50 pips - give me the proof..

4. Why is it that if you are such a good trader and been a member since 2006, on ff, and now you found this thread you suddenly come alive and start posting every minute ?

5. Please donīt be one of those escaped trolls from the EU thread, thatīs why the EU thread is falling apart, we do not want this to happen to the Sonic R thread.

6. Please tell me my Eu bounched off the 4327 level today, and not just that it was yesterdays low ?

7. Sorry if I have offended any of the seniour traders in this thread, but this guy is not sharing or caring at the moment.

8 In all due respect (Mark) prove me and the thread wrong.

Regards,
H.
"The future is already written in the past"
  • #25,575
  • Edited Aug 27, 2011 9:37am Aug 26, 2011 2:48pm | Edited Aug 27, 2011 9:37am
Quoting hansma
Hi Mark,if that is your real name ?

As ddaytrader just said take your business and charts elsewhere, cause you are not grasping the idea of the Sonic R thread.
I have explained before I look at waves on charts with MACD and count with PA. I use a Sonice wave on a 3MIN chart to see PA BELOW OR ABOVE the 15 for good entries.


Quote
1. Last post 20 sec chart - On Sonic Thread we use 15 min.

I am using the 20 second because it is hard to see what is going on after a large move and was showing when asked WHY I bailed and went the other way while showing confidence mentality of trading. Is that not part of Sonic? understand S/R levels and weakness and Price action which is all about confidence of the marker? Taking ENTRY at 15 is fine and part of the major trend teaching. I simply have pointed out fibs levels etc... and tried to add undertanding of lower charts to understand why the 15 works well. Also you don't just use a 15(you might only). 5 minute trading also has been taught as well in this thread but for experienced traders. I use a 3M in relation to the 15 to see waves leading to entry on the 15.


Quote
2. I have never seen any of your entries ?
So... I simply said and pointed out watch for the CHF and retrace.

Quote
3. I can also yell Muahhahaha 50 pips - give me the proof..
yeah... and why would I show you my account? Oh looking at the account it was 46... sorry forgot about spead. lol

i traded 4 lots and broke it in half. I only trade 1/3 on retrace as I said before in another post. Which my normal is 12 as I do not risk much on my account.

Quote
4. Why is it that if you are such a good trader and been a member since 2006, on ff, and now you found this thread you suddenly come alive and start posting every minute ?
Because I did not follow FF for a while. I was originally a subscriber to Vegas and James 16 many years ago. So I guess trading life ends because I read more than contributed etc...

Quote
5. Please donīt be one of those escaped trolls from the EU thread, thatīs why the EU thread is falling apart, we do not want this to happen to the Sonic R thread.
Not sure what EU thread is but... Nope! lol

Quote
6. Please tell me my Eu bounched off the 4327 level today, and not just that it was yesterdays low ?

and why would it stop at yesterdays low? Resistance from several areas which I posted before. Trend line and previous resistance area. Which always has a unique reaction. Some don't like trend line but hey. Just pointed out yesterdays low.



Quote
7. Sorry if I have offended any of the seniour traders in this thread, but this guy is not sharing or caring at the moment.

Not sharing or caring? i have answered questions ASKED of me by Foxybunny and others. I thought me posting several times was sharing or caring. have talked to TAH and others about entries the last week.

Quote
8 In all due respect (Mark) prove me and the thread wrong.

Why would I "prove" the "thread" or you wrong? What have you said that I should prove right? A little confused.

Lata... I am out for the weekend. Idon't take offense and I understand. Just having a good day thanks to Mr. Speaker. hahaha.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 121222.jpg Size: 20 KB
Click to Enlarge Name: EU_8-24-13_34.png Size: 235 KB
  • #25,576
  • Aug 26, 2011 3:09pm Aug 26, 2011 3:09pm
Poss short for Eur/Aud for next week? No volume now because its the weekend.

The last time it hit that low as Aug 17th and the fundies for this month as been against the Euro and in fav for Aud.


Thoughts?
Attached Image (click to enlarge)
Click to Enlarge Name: poss short eur aud.gif Size: 42 KB
  • #25,577
  • Aug 26, 2011 6:39pm Aug 26, 2011 6:39pm
Quoting traderathome
If PA whips both ways, even multiples, it won't be "Mr. Speaker" that does it. It will be the monied in the market that make it happen. It has happened before,.....up, down, up, or,.....down, up, down, up and even,....up, down, up, down, and up again. And that is just if they want it to end high to start the next week on! They might want it low!

Oh prophet.... lol
  • #25,578
  • Aug 27, 2011 12:04am Aug 27, 2011 12:04am
Quoting TRMZXT
I have explained before I look at waves on charts with MACD and count with PA. I use a Sonice wave on a 3MIN chart to see PA BELOW the 15 for good entries.




I am using the 20 second because it is hard to see what is going on after a large move and was showing when asked WHY I bailed and went the other way. If that not part of Sonic? understand S/R levels and weakness and Price action?


2. I have never seen any of your entries ?

So... I simply said and pointed out watch for the CHF and retrace.


yeah... and why would...


how do you make those trendline? should it be with an angle? or just point anywhere from the highest high downwards and vice versa?
  • #25,579
  • Aug 27, 2011 1:16am Aug 27, 2011 1:16am
Quoting duyk20
Congratz TAH, you've got very big heart

To Sonic: You are a hell of a trader Sonic, hat off to you

Thank You...
I am proud that I have made a positive impact on the Sonikers..

http://www.dailystab.com/blog/wp-con...-the-joker.jpg

Sonic
  • #25,580
  • Aug 27, 2011 1:40am Aug 27, 2011 1:40am
Quoting hansma
How To Use It To Gain The Most Out Of It...
Hopefully someone will benefit - was asked in Pm about it
Regards, H.
Hi Hansma
I hope I haven't missed this, but... what are the short, black horizontal lines drawn on your charts please?
thanks, Steve
34 traders viewing now