Sonic R. System

Wow
You can live on the mkt.
What is the average risk/reward ratio for ur trading?


Fractal

+270 pips for now

Move SL near 1.367x..


Sonic

Sonic is getting famous. I got one hour video about sonic system

http://tradelikeapro.ru/2011/08/07/sonic-r-system/

Hey Doncex,

Yes, I said I'm very selective about the setups, and they have good results for me. I have 4 different methods to trade, all profitable, but because they are traded together, I can't seperate the results. I believe ot gives me 3-5% per month (My maximum risk in every trade is 1%. sometimes I break it down to even 0.3% - I have a large account, no need for big risks).

You've done a very interesting thing with the CFD markets, and that's completely right. You've made some changes (all of us do) but that doesn't mean the method don't work itself. The theory behind changing the methods in a right manner is adjusting it to your personallity.

There are two different situations here. Some of us are trading this method for a long time, and we believe it's profitable. So either you are wrong or we are lying. I don't see a point in second option.

I remember about 3-4 years ago that I tried to learn a method here on FF. Many others was making pips out of it, but I was just losing and losing. The same situation came up to me. After 4 months of digging, back testing, forward testing, reading the whole thread, posting examples and etc. I found out that that particular system doesn't work for "me". I didn't claimed that the method don't work, because I saw many traders making pips out of it, and there was no reason to lie ! So I came to this conclusion that I should seek somewhere else.

I know a friend (Rastaman) that couldn't make any money out of this method and he left and I know that he's very successful on another method that works on higher TFs.

I'm trading this method for a very long time, Sonic himself do too (as you can see), I know DD do, Mohammad do, and so on. So I think it works on a long run ... There is only one disadvantage to this method and that is trading in M15 that makes you to sit behind your PC for a very long time. I'm shifting my methods to H4 and Daily TF, but I'm still have this method on lower TFs.



It's very good to question somethings time to time, it makes the thread more active and make some learning progress for some traders who follow the conversation.

I strongly believe that you're trying to help, and I know everyone shouldn't agree with some things. So hear my world also with peace

Sometimes it's hard for many traders to admit that "If it doesn't work, maybe it's me, not the system". Again, many are trading this for a long time, there is no need to cover a BS method for nothing in return.

Hmm ... going to Stock market and metals ... That's something interesting that I should check when I have time. There could be a possibility that SonicR works "better" in these markets. So thanks for the advice and I will check it out for sure.



Bravo, you're not changing it, you're personalizing it. Remember, no system will work until you personalize it. Every one does in their own way of doing it.

Here are some considerations that I have in mind to select the best setups. I may miss few, but I discussed them all in my previous posts :

*) I would like to see the first leg (first high), higher than the dragon for a long setup to filter false moves on corrections. When you see this, there is a good posibilty that it is not a false move.

*) I don't take setups which forms in a range market (range in M15). There are some examples.

*) There must be a strong S&R, I take only reverses and touch breaks according to SonicR in M15.

*) I eliminated most of the indicators from the first post like QQE, CCI, SHI CHANNEL and etc.

*) I use volume to detect a liquid market to catch the non-false break outs.

*) Wave should be very clear to eye. means that I don't consider a one or two candles reversal a second leg for the wave. (Also there are many examples that I post about this topic)


As you see, I made some changes. There was a 4th version that I sent to TAH to revise it, but unfortunately it didn't come on the first post, so the last version on first post is 4th version that some changes are done to it.


Here is not about proving things to one each other. It's about helping each other. So either you can believe my word or sonic's word for a long run profit with this system or not. There are many trades post by both of us. Sonic still post his. I don't (I explained why in earlier posts). So it's "No results" for you, not for the system.

Again, the method presented in first post (Third Version), is not a losing method, we just optimize it to make a better and cleaner method. Main concepts that even you yourself use (S&R on higher TF, wave on lower TF) doesn't changed a bit. Again sonicR is about S&R in higher TF and waves on lower, so since you are using it, you're using SonicR. other changes are just individual ones. SonicR don't insist on some indicators, so you can use what ever change you need to feel comfortable with it. few post earlier one trader suggest that using 50EMA is better than 89EMA. Read my answer ... What works for you, works for you. No discussion


Sorry, but I'm still alive and happy, and you know how long I'm here. Don't extend your conclusion to all the method and traders who are using this method and are profitable.



Pedrosa, Doncex was here some time ago (I don't remember when) and he was a active poster. He's not saying things just on a few days analysis. I know he have a point. But the conclusion is wrong.

I think both of us (Me and Doncex) are trying to say the same things :
Stick to the basic concepts, adjust it to fit your personallity so that you're comfortable with it.


Again, I have nothing to achieve here, just trying to clarify some things. I tried to be as clear as I could. This market is not about being "right" or "wrong", it's about what works for a person and what doesn't. Two people could trade the exact same method, one could end up winning while the other one end up losing. So it's more about how you approach to a particular method instead of method itself.


Regards,
Basber

Thanks for the link Mav,

Regards,
Basber

Thankyou Basber for a well written post.
We really appreciate all your hard work here.
Thanx again.

Why nobody talks about super usdchf short trade?

accourding sonic it looks perfect

I take a small 1 trade,lets see ...

usdchf

Although it's in green pips, I didn't took this trade because :

*) no proper S&R zone in H1 and specially H4 TF.

*) For going short, I'd like to see the first leg below the dragon, which is not.


No wonder why you'd lost some money with this method.

Regards,
Basber

You're quite welcome

Is this the same for going long?

The US/Swiss could be a retrace to what has already transpired. The perfect set up for the upswing for that was at the time the Euro crapped yesterday (as i firstly mentioned). I also took the bullish US vs Swiss, why? Perfect Sonic set up and the strong volume (green) indicator said so as well. While the blue (if im not mistaking) is just added volume, neither positive or negative.

The downward trend in the US/Swiss could go back to the ranging area that it was yesterday, not sure let the market decide. Wish i could be near the computer to see. Unless there is a stopping volume that make indicates the stoppage of the upward trend for US vs swiss (and no news to back it up), then could be a false signal.

To Basber, thank you, you made the system to work for you. 3-5% per month is very respectable. No point in making 10+, which one could be margin'd high and have allot of stress. You risk 1% per trade, what is your usual SL? Is it 40 pips as in the Sonic Manual (in certain cases but not all)? Do you look at the higher TF with a naked eye/screen (no dragons or volume)? I would imagine this took allot of testing to mold it to your liking and probably with addition of different systems as well.

Here's what I watch ... Strong S&R, First leg above the dragon, Good volume. Just waiting for a proper wave formation. If it gives me and entry, I will move SL to BE asap because of the Europe situation and the CT trade.

It doesn't mean it's 100% for sure, but it's the kind of setup I take. Compare it with yours. This game is about probablities.

Regards,
Basber

I've posted an example for EJ. It's a well potential setup for going long. If there's still a question, comment on that post .

Regards,
Basber

No resistance zone by h1 tf?

Hi Hunter,

My average earning per "season" is between 20% and 25% which is more than enough. As I said, I have 4 different strategies, and sonicR is one of them. 2 others on H4 and Daily (mainly H4) and 1 other is on M15 along with SonicR. usually my trades don't overlap with each other. So I can have access to many of the moves of the market. (Not recommended if your trading experience is less than 3 years - stick to 1 method at a time for traders who have less than 3 years of experience until they become "constantly" profitable). My risk was 3% per trade (I break it down for same currencies, meant the if I want to go long EU,GU,AU and NU, because I'm betting on the weakness of dollor, all 4 trades means a single trade for me. meant I break down whatever risk I wish to take to four parts.) but now I'm much more comfortable with maximum risk of 1% and average earning of 20% per season. No need to have a big drawdowns, which everyone has.

I don't have a usual SL, not for SonicR not for any other method. It depends on market condition and technical analysis, most importantly S&R zones. As I mentioned, I trade SonicR wave near strong S&R zone, so I place the SL beyond that zone, whether it's 30 pips or 300 pips. doesn't matter.

Yes, I see the higher TFs almost naked. There's an example of my charts in my previous post about EJ.

Yes, it took a lot of testing. I'm trading for about 4.5 years, but the average time I put into my studies for first 2.5 years was 7-8hours per day, every day.(includes backtesting, forward testing, reading useful materials, focusing more on psychology subjects, reading threads, etc.) till I achieve the point of view to become a profitable trader.(I was losing for 2 years, burned my account 6 times, and I was at BE for 6 months). After I become constantly profitable till now, I averagely put 4 hours per day for my own study, include e-books, videos, testing new strategies, developing new ideas about strategies. Also I teach trading and spend some time with my clients helping them achieve what I have now. I'm not leaving them on their own, so it take me time to work with them, so still averagely including my own studies and teaching to my clients, I put averagely 6-7 hours a day on the whole trading concept.

Regards,
Basber

Can you explain more about this? I dont understand what was wrong? "*) For going short, I'd like to see the first leg below the dragon, which is not. "

entry was below the dragon,so what was not right?

Those are minor S&R zones. If you treat it that way, you can find al least one S&R zone for every trade to support it. I mainly look in H4 for main zones. Look at my EJ analysis for example. Very clear and strong S&R zone. And also about S&R zone in H1 TF which you mentioned, I must say price cleared previous zone which was at 0.907x and it may stall at that level. So not a good are for me too seek for a short setup

Regards,
Basber

I didn't meant the entry, I meant the first low. Picture attached is an example of one of the traders which I commented on few days ago. I should clear what I meant about the first leg. It's for a long setup, Reverse it for short.

First trade have the leg problem (!) and the second was in the middle of the range market in M15, two things that I mentioned to filter trades.

I decide to make some change in setup I make small sl 8 pips and long profit 106 pips

I became greedy