Sonic R. System | Page 1318 | 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

  • #26,341
  • Sep 13, 2011 3:32am Sep 13, 2011 3:32am
Nando,it's right?
Attached Image (click to enlarge)
Click to Enlarge Name: 44.gif Size: 26 KB
  • #26,342
  • Edited 4:18am Sep 13, 2011 4:14am | Edited 4:18am
testing pull-back in the dragon.

http://s1.proxy03.twitpic.com/photos.../396817739.gif
  • #26,343
  • Sep 13, 2011 4:17am Sep 13, 2011 4:17am
Hi, this is one of the biggest threads in 'trading systems' part, so I hope it passed the 'time test'. I am going to try this system now and just wanted to say hello, to all of you
go go go
  • #26,344
  • Sep 13, 2011 4:42am Sep 13, 2011 4:42am
Ok... how did u manage to do that, TAH ?
I mean, how did u manage to get expanding/contracting dragon without using thick EMA...
Attached Image (click to enlarge)
Click to Enlarge Name: # sept 12, 2011 - 123.gif Size: 34 KB
cut losses short, let profits run.
  • #26,345
  • Sep 13, 2011 5:02am Sep 13, 2011 5:02am
Quoting Domas4
Ok... how did u manage to do that, TAH ?
I mean, how did u manage to get expanding/contracting dragon without using thick EMA...
I just think he has both versions in his template - then you can just use which version you want

H.
"The future is already written in the past"
  • #26,346
  • Sep 13, 2011 5:28am Sep 13, 2011 5:28am
Quoting foxybunny
Why you said "too fast to short" ??

Coz I just Short AUD/USD 1.059x same place and same time as your chart where price just went below Dragon showing new Lower-High, and it went below the previous Higher-Low.

Edit: Just added chart. After my entry, saw a few candles with longer wicks pointing down, don't like these wicks, hmmm ...


Attachment

AUD/USD - Short, just Exit now for Win +300 pips.
6:1 Reward:Risk.

Entry based from M15 was on Fri 9-Sep in above post.
This was a case where previous Support mentioned became Resistance.

Exit checked take profit on H4 where previously was a Double Bottom on H1, and M15 stalling around 1.0290, so exit for now.


Attached Image (click to enlarge)
Click to Enlarge Name: 2011-09-13_SonicRClassic_AUDUSD_M30_Short_Exit.jpg Size: 107 KB



Attached Image (click to enlarge)
Click to Enlarge Name: 2011-09-13_SonicRClassic_AUDUSD_H4_TakeProfit_DoubleBottom.jpg Size: 128 KB
  • #26,347
  • Sep 13, 2011 5:30am Sep 13, 2011 5:30am
Quoting Gloryrose
Nando,it's right?
It seems good...

Be careful it's CT trade and it's in range mode.


Regards,
Nando.
"Being picky only cost your time - not MONEY"...Hans
  • #26,348
  • Sep 13, 2011 6:19am Sep 13, 2011 6:19am
Quoting foxybunny
AUD/USD - Short, just Exit now for Win +300 pips.
6:1 Reward:Risk.

Entry based from M15 was on Fri 9-Sep in above post.
This was a case where previous Support mentioned became Resistance.

Exit checked take profit on H4 where previously was a Double Bottom on H1, and M15 stalling around 1.0290, so exit for now.


Attachment


Attachment
thanks for sharing, ill take note of this.
  • #26,349
  • Sep 13, 2011 6:34am Sep 13, 2011 6:34am
Quoting foxybunny
AUD/USD - Short, just Exit now for Win +300 pips.
Excellent! Awesome trading, fb!
  • #26,350
  • Sep 13, 2011 7:01am Sep 13, 2011 7:01am
Quoting sonicdeejay
SL look too tight mate..At least put below swing low,, TP seem ok..
CT trade and Asian session,, scary scary..


Sonic

Told cha..

Inserted Video


Sonic
Attached Image (click to enlarge)
Click to Enlarge Name: r.gif Size: 71 KB
  • #26,351
  • Sep 13, 2011 7:01am Sep 13, 2011 7:01am
Quoting ddaytrader
EU Long ...
SL has been moved to BE at entry. With the rally to 1.370x resistance area and quick drop back below EP, any revisit below there would be a LL.

There is no longer any PA justification to be long here based on an M15 chart unless one got long at or near yesterday's low in the 1.34xx support area.

At this point, this trade has been reduced to a lottery ticket - either I make pips, or I scratch.
Attached Image (click to enlarge)
Click to Enlarge Name: 20110912 EU Long SL BE.jpg Size: 93 KB
  • #26,352
  • Sep 13, 2011 8:28am Sep 13, 2011 8:28am
This will likely take a few posts to attach this document. I had to screen cap each page rather than cut & paste the entire pice.


This is a chapter from a book written by Jessie Livermore back in 1940. When he was exercising his discipline and practicing what he preached, he was the best trader that ever lived. But when his discipline broke down, he closed his profits early and added to losers and found himself bankrupt.


This chapter is called "The Pivotal Point." This is not the same thing as "floor pivots," "central pivot point," "pivotal price zone," or "PPZ." I recommend you read this chapter with the thought that you do not know everything there is to know, and that you might learn something important from it.


FF is posting these pages in a strange manner. I will leave the first four pages here, but I will delete the others for now. I will repost all fourteen pages later in a different form.
Attached Images
  • #26,353
  • Sep 13, 2011 8:38am Sep 13, 2011 8:38am
Great post ddaytrader, there's no trader ever who has more to teach than JL IMHO, especially the pivotal points concept.
  • #26,354
  • Edited 9:09am Sep 13, 2011 8:56am | Edited 9:09am
saw a slow mo..higher Low..

Curious Long taken,,

http://t3.gstatic.com/images?q=tbn:A...rfqae-A3hprS1Q

Sonic
Attached Image (click to enlarge)
Click to Enlarge Name: shi.gif Size: 71 KB
  • #26,355
  • Sep 13, 2011 9:18am Sep 13, 2011 9:18am
Quoting sonicdeejay
saw a slow mo..higher Low..

Curious Long taken,,

http://t3.gstatic.com/images?q=tbn:A...rfqae-A3hprS1Q

http://www.forexfactory.com/attachme...1&d=1315922181

Sonic

TP1//
SL move near 1.359x

Sonic
Attached Image (click to enlarge)
Click to Enlarge Name: shi.gif Size: 44 KB
  • #26,356
  • Sep 13, 2011 11:45am Sep 13, 2011 11:45am
can someone share which indicator that show the RgH & RgL level. thanks
  • #26,357
  • Sep 13, 2011 11:53am Sep 13, 2011 11:53am
Market Panel Display Controller Indicator
  • #26,358
  • Sep 13, 2011 1:40pm Sep 13, 2011 1:40pm
Quoting sonicdeejay
saw a slow mo..higher Low..

Curious Long taken,,

http://t3.gstatic.com/images?q=tbn:A...rfqae-A3hprS1Q

Sonic
As I can see we don't need a high volume. It's a nice have instead of must have, ah?
  • #26,359
  • Sep 13, 2011 2:07pm Sep 13, 2011 2:07pm
Quoting ddaytrader
This will likely take a few posts to attach this document. I had to screen cap each page rather than cut & paste the entire pice.



This is a chapter from a book written by Jessie Livermore back in 1940. When he was exercising his discipline and practicing what he preached, he was the best trader that ever lived. But when his discipline broke down, he closed his profits early and added to losers and found himself bankrupt.



This chapter is called "The Pivotal Point." This is not the same thing as "floor pivots," "central pivot point,"...
Ok, here it goes. These screen captures havethe page numbers 45-58, I believe, so just make sure you read them in order. I will post 6 screen shots in this post, and the remaining 2 screen shots in the next post.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: The Pivotal Point 1.PNG Size: 93 KB
Click to Enlarge Name: The Pivotal Point 2.PNG Size: 262 KB
Click to Enlarge Name: The Pivotal Point 3.PNG Size: 251 KB
Click to Enlarge Name: The Pivotal Point 4.PNG Size: 254 KB
Click to Enlarge Name: The Pivotal Point 5.PNG Size: 112 KB
Click to Enlarge Name: The Pivotal Point 6.PNG Size: 244 KB
  • #26,360
  • Sep 13, 2011 2:09pm Sep 13, 2011 2:09pm
Quoting ddaytrader
Ok, here it goes. These screen captures havethe page numbers 45-58, I believe, so just make sure you read them in order. I will post 6 screen shots in this post, and the remaining 2 screen shots in the next post.
Last two screen shots finishes the document ...
Attached Image(s) (click to enlarge)
Click to Enlarge Name: The Pivotal Point 7.PNG Size: 251 KB
Click to Enlarge Name: The Pivotal Point 8.PNG Size: 89 KB
21 traders viewing now