Sonic R. System

AU:

Re-entered short (EP= 1.0476).

eurusd to day after fail to break the hi

One has to wonder if the markeds are manipulated.

gbp long

gbp trade this morning

Hi hansma,

The market keeps repeating it's self over and over again it's just a matter of knowing where.

Yup - gets so much easier...

Regards,
H.

MAN! all of that triggered as your forcast yesterday.

@master hans, cmon reveal yourself your one of the BB's thats why you knew this is gonna be measured

pips raining down allover today

No Frank. I´m just an ordinary person

Regards,
H.

AU:

Trade closed at TP= 1.0443 for 33 pips profit from EP to TP.

AU:

Re-entered short trade again (EP= 1.0482).

EU:

Re-entered short (EP= 1.2981).

UChf:

Entered long (EP= 0.9305), a re-entry trade.

long from s and r area

Sam21, the Sonic R. System specifies that long entry should be when PA is above the Dragon, and better still if above the Trend Line. You are simply trying to pick tops/bottoms. Here, you made multiple long entries right after a run down, and before PA achieved position above the Dragon.

Trade however you wish, but this is not a Sonic R. System trade, and as such should not be posted on this thread.

A major purpose of this thread is to be a manual for present and future students of the Sonic R. System. Posts such as this trade of yours make the work of these students much more difficult, forcing them to waste time weeding out non-Sonic R. trades from the real deal.

Please respect Sonicdeejay and this purpose of Sonicdeejay's thread, and do not post such trades.

Regards,
-tah

As a reminder to all, or in case you missed this.....

What is the Sonic R. System?

It is a method of trading price movements between areas of support and resistance. It uses a price action WAVE at a S&R area to validate a trade setup. It uses a trio of 34 exponential moving average lines, called the Dragon, in defining the trade entry area. It uses S&R areas to select trade exits. And it uses a Stop Loss (SL) for some protection. Details are as follows:

1. The price action WAVE should depict a bounce or a break at a S&R area, showing L-H-HL to trade long, and H-L-LH to trade short.

2. The DRAGON must be angled up with PA above it for longs, and angled down with PA below it for shorts,....better still if PA is also above/below (respectively) the Trend Line.

3. The TIMING of the setup should be during the London session only.

4. The ENTRY should be several pips beyond the end of the first price candle that exits the Dragon during Leg #3 of the WAVE. If this rule places the entry more than 20 pips from the edge of the Dragon, then re-consider carefully if you should take the trade.

5. The EXIT should be at a S&R level. View price history for logical S&R areas to take profit. Such areas can include whole/half/quarter numbers and the middle of consolidation areas.

6. The SL should be positioned in the area from just before the start of Leg #1 to just before the start of Leg #3 of the WAVE, depending on your risk tolerance, judgment of PA volatility, and any other nearby SR level that maybe should be considered. Move it to BE+ ("break even" + a few pips profit) as soon as possible, perhaps after 20 pips movement, and certainly by the time your first target is reached if you are scaling out.

7. The RE-ENTRY to a setup occurs when price pulls back to a local S&R area, and then resumes the trade direction. Safest would be to hold re-entry and allow PA to first move past the last significant high or low, for long or short trades respectively.


Regards,
-tah

i just share your account with your broker

do you fail to see the s and r are where i am trading from,,,those two trade you just put on is not sonic r either what happen to them now...

Actually, they are valid Sonic R. re-entry trades, should you care to take the time to actually read and learn about what the Sonic R. System is.

My SL's, alsways during times of the high impact releases, are gauged, but mental. So, my trades are running. So far, it looks as though prices have simply been whipped back to the SR levels from before today's earlier runs. At times like this the market frequently whips prices 50-100 pips to "reset" for another run. The market's true reaction to the USD high impact releases may not be known for some time yet.

I am happy for you making money. But you did not get any of mine.

Again, I respectfully request that you respect Sonicdeejay, and all he has done here to help folks, and save your non-Sonic R. top and bottom picking trades for posting on some other thread.

Regards,
-tah