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Sonic R. System

  • #30,601
  • Feb 12, 2012 1:09pm Feb 12, 2012 1:09pm
I greet you all!
Very interesting topic, author cards. This is my first post. I am very interested in how you use the strategy sonic volume.
Thank you
  • #30,602
  • Edited 6:06pm Feb 12, 2012 5:47pm | Edited 6:06pm
Quoting vincent82
Mmmh, i don't really agree. A good risk reward it's needed to survive and become profitable... the "pip" it's nothing, we give a value to that. If i take a risk of 100-120 pips (and make it 2% of my account) i should target at least 100-120+ pips (to have a 2% profit) if not 200 pips (4% profit, maybe to cover a loss and keep a positive balance). If the position don't allow us that move, we should not take it.
For exemple, if we have a hit rate of 60-70% (as this system has, noticed myself) we cannot risk a % if we can't, at least, target the...
Well, the market is figuring on you thinking like that. So, you will either place a tighter SL that makes the trade have a more acceptable R:R ratio, and the market will stop you out, or you will stay away from an otherwise good trade simply because a SL beyond a price swing seems wide relative to perceived realistic TPs, thereby giving the market that much less competition for the available liquidy for "right side" trade executions. You can always set a wide TP to match a wide SL. Whether that is realistic or not, only time would tell. Nevertheless, Sonicdeejay has not stipulated that a TP must yield any maximum R:R ratio when he sets a wide SL. I don't know who first started with the idea that a good trade has to have a certain maximum R:R ratio. It seems a bogus metric that intimidates traders away from trades with very good prospects,......after the whipsawing is overwith!,......a metric in which the market is saying "Stay out, or get stopped out, unless you have a wide enough SL for us not to hit it. And we are gambling that you won't, not if you follow "our recommended R:R teachings."

Agree or disagree, it makes no difference since it is your decision and your money.
  • #30,603
  • Feb 12, 2012 5:58pm Feb 12, 2012 5:58pm
Gents..

I was in a mood of getting more detail of idea behind placing a good SL..
Instead of getting the hand of it by digesting the info.. U ask for TP stuff here and there..

Slow down fellas.. The info that I have written previously took me awhile to figure it out and I make it easy for u by writing it down..

So, at least u should take sometime to read and reflect too..


Sonic

P.S TAH thank u!!!
  • #30,604
  • Edited 6:38pm Feb 12, 2012 6:18pm | Edited 6:38pm
EU Comment:

The new week begins with a gap up. This gap up is on minimal investment and is followed the highest trading at the subsequent highs achieved! This is just the beginning of the week and the beginning of the first asian session of the week, and anything can happen today. However, from this initial PA it appears the market is attempting to regain previous highs, on as little investment as possible, so it can resume closing longs and/or building shorts.

The current HOD might be exceeded as more players come to the table and seek to emulate what has begun. There are no high impact releases until Tuesday. This gives the market lots of time to play out such a strategy.

WARNING: Speculation. In any case, it is not the London session yet. It is too early to long, too early to short.
Attached Image (click to enlarge)
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  • #30,605
  • Feb 12, 2012 8:17pm Feb 12, 2012 8:17pm
Quoting traderathome
Well, the market is figuring on you thinking like that. So, you will either place a tighter SL that makes the trade have a more acceptable R:R ratio, and the market will stop you out, or you will stay away from an otherwise good trade simply because a SL beyond a price swing seems wide relative to perceived realistic TPs, thereby giving the market that much less competition for the available liquidy for "right side" trade executions. You can always set a wide TP to match a wide SL. Whether that is realistic or not, only time would tell. Nevertheless,...
If you read better i talked about filter the signals, and take only what could has a valid R:R. If we have a possible 100% hit rate well, in that situation, you can take any pip, no matter the %. Since the holy grail doesn't exist we must think about it, because if i risk 1% and take 0.3% whit a hit rate of 60% i'll kill the account, it's just a matter of time. It's math.
I absolutly agree when you say that a trader should be realistic and always remember that we can't command the market, this doesn't mean put a tigher SL (greed and stupid thing to do), but just avoid trades that aren't able to give a good R:R (at least 1-1)
  • #30,606
  • Feb 12, 2012 8:54pm Feb 12, 2012 8:54pm
Quoting traderathome
EU Comment:

The new week begins with a gap up. This gap up is on minimal investment and is followed the highest trading at the subsequent highs achieved! This is just the beginning of the week and the beginning of the first asian session of the week, and anything can happen today. However, from this initial PA it appears the market is attempting to regain previous highs, on as little investment as possible, so it can resume closing longs and/or building shorts.

The current HOD might be exceeded as more players come to the table and...
Hi,

May I Know what does RDH, DPV & RDL stands for? And where can I find them?

Thank you.

breeze
  • #30,607
  • Feb 12, 2012 8:55pm Feb 12, 2012 8:55pm
sonic, what is your take on this matter of R:R?

I noticed that you seem to go for trades that tend to be near 100 pips or more, sometimes a little less.

TAH I notice will take trades for 20-30 pips.

Obviously there is some R:R or filtering differences, or maybe it's just because sonic is not mentioning the smaller gained pips?
  • #30,608
  • Feb 12, 2012 9:06pm Feb 12, 2012 9:06pm
Quoting traderathome
EU Comment:

The new week begins with a gap up. This gap up is on minimal investment and is followed the highest trading at the subsequent highs achieved! This is just the beginning of the week and the beginning of the first asian session of the week, and anything can happen today. However, from this initial PA it appears the market is attempting to regain previous highs, on as little investment as possible, so it can resume closing longs and/or building shorts.

The current HOD might be exceeded as more players come to the table and seek...

Did you miss Friday evening data? My chart shows only a small gap ...
Attached Image(s) (click to enlarge)
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  • #30,609
  • Feb 12, 2012 9:26pm Feb 12, 2012 9:26pm
Quoting fxbreeze
Hi,

May I Know what does RDH, DPV & RDL stands for? And where can I find them?

Thank you.

breeze
Explained in the user notes text in the compiles of indicators in-work for new release,....sometime in future.
  • #30,610
  • Edited 10:36pm Feb 12, 2012 9:30pm | Edited 10:36pm
Quoting futurespeter
Did you miss Friday evening data? My chart shows only a small gap ...
Depends on when your broker closed. No matter. The point is that the opening response was upwards on light activity with highest levels of activity coming at the highs. It is "no matter" because large or small, a gap is just an inexpensive way for the "market" to push the price in the direction they want to. That which is "the matter" is the fact of the push, inexpensively (low trading levels), and then followed by high trading at the highs. You know the saying, "Buy low, sell high." So what do you think the market is doing via all this higher trading at the attained highs after the low investment push up? Answering that question is the point of it all, not the size of the gap!
  • #30,611
  • Feb 12, 2012 10:09pm Feb 12, 2012 10:09pm
My first trade of this week, in asia session

I decied to enter long because there are an impluse wave ( elliot wave ) before, and we have L-H-LH before, this is a re-entry order ?

AU 15 min
Attached Image (click to enlarge)
Click to Enlarge Name: 1.gif Size: 39 KB
Keep Simple...!
  • #30,612
  • Feb 12, 2012 10:42pm Feb 12, 2012 10:42pm
Hi all.

I hope everybody had a great weekend rest and ready for the new week.

I spend the past two days reading the past forum threads and downloading and few indicators and all...

As such, I'd like to share this "morning" view on the market as well as what I am speculating based on my understanding on Sonic R. System.

Note that I'm still new and this is just a speculation...


As I noticed, we are still Downtrend Biased. (Pink Channel on Chart)
2nd, it failed to make a possible Higher High, as it is also bouncing off a previous Support which turned Resist. (Drawn on chart by blue horizontal line)
Failure to make a HH and breaking of the dragon gives us a higher chance of a LL and possibly hitting the same Low as Friday's. So I believe its safe to mark that area as a TP zone, or 1st TP Zone. The Place, or also known as SL area, would be the previous H.

(Sorry of the fail colours, I only have a choice of 3 on this ScreenShot Program.)

http://my.jetscreenshot.com/demo/20120213-od5i-77kb.jpg
Thoughts and Opinions and Feedback on my views for me to learn better,
Please and Thank you!

Thanks!
  • #30,613
  • Feb 12, 2012 10:54pm Feb 12, 2012 10:54pm
Quoting vincent82
If you read better i talked about filter the signals, and take only what could has a valid R:R. If we have a possible 100% hit rate well, in that situation, you can take any pip, no matter the %. Since the holy grail doesn't exist we must think about it, because if i risk 1% and take 0.3% whit a hit rate of 60% i'll kill the account, it's just a matter of time. It's math.
I absolutly agree when you say that a trader should be realistic and always remember that we can't command the market, this doesn't mean put a tigher SL (greed and stupid thing...
When we enter a trade, there are some things we don't know:
1. We don't know if the trade will even run.
2. We don't know if the trade might actually reverse!
3. If the trade reverses, we don't know how far the reverse move will be.
4. If the trade does not reverse, we don't know if there will be a whipsaw.
5. If there is a whipsaw, we don't know how far in either direction the whipsaw will be.
6. If the trade does run, we don't know how far it will go.

There is, however, one thing we know for sure, and that is that we don't know a damn thing with any certainty! It kinda makes an serious playing around with R:R an effort in futililty, or an exercise in arrogance for those that think they can outguess the market.

Personally, I don't recall Master Sonicdeejay ever qualifying the R:R ratio as a consideration for a trade via the Sonic R. System. Maybe he will someday, or if not, maybe he has good reasons for making no mention of it.

"Everyone to their own tastes!" said the man who kissed the cow....
  • #30,614
  • Edited 11:15pm Feb 12, 2012 11:05pm | Edited 11:15pm
EU Comment:

Still with several hours to go before LO, the three trade volume spikes so far today have been for candles hitting PA highs. The market continues to favor highs to do most of the trading. That infers closing longs and/or adding shorts. There is no telling how the LO market will move prices; a continuation of the push up, or the start of strong selloff causing the price to seriously drop. Either is a possibility. Waiting for the London session, and waiting to see if we get a London session setup, either direction.

Warning: Speculation.
Attached Image (click to enlarge)
Click to Enlarge Name: feb 2012 - 104.gif Size: 34 KB
  • #30,615
  • Feb 12, 2012 11:14pm Feb 12, 2012 11:14pm
Quoting kotlt
My first trade of this week, in asia session

I decied to enter long because there are an impluse wave ( elliot wave ) before, and we have L-H-LH before, this is a re-entry order ?

AU 15 min
Closed for 37 pips, time to sleep
Keep Simple...!
  • #30,616
  • Feb 12, 2012 11:41pm Feb 12, 2012 11:41pm
Hi,

Could this mean a possible change of trend to a Long Trend?

on the 15M chart,
Price bounce off Dragon
Dragon is breaking through the 89MA.
Upper bound of Channel set by 1H SHI.

on the 5M chart,
Dragon is about to break through the SHI (15 Minute Setting - Green)
PA is already outside the channel boundary set by SHI.

Both charts, the Dragon is pointing at 2 o'clock.

http://my.jetscreenshot.com/demo/20120213-xphc-65kb.jpg
EURUSD 15M Chart

http://my.jetscreenshot.com/demo/20120213-jyes-62kb.jpg
EURUSD 5M Chart

I still think its too early and we still have to wait for London open for confirmation.

Opinion and Thoughts?

Thanks
  • #30,617
  • Feb 13, 2012 1:56am Feb 13, 2012 1:56am
Quoting traderathome
EU Comment:

Still with several hours to go before LO, the three trade volume spikes so far today have been for candles hitting PA highs. The market continues to favor highs to do most of the trading. That infers closing longs and/or adding shorts. There is no telling how the LO market will move prices; a continuation of the push up, or the start of strong selloff causing the price to seriously drop. Either is a possibility. Waiting for the London session, and waiting to see if we get a London session setup, either direction.

Warning: Speculation....
EU Comment:

The FO confirms the market continues to push up and then favor the new highs for the bulk of the trading, adding a fourth volume spike for a candle striking new highs. It sure looks like the market is trading to set up for a grand drive down. But with the next high impact releases not due until Tuesday, this could go back to ranging in the same levels as last week. PA has now achieved the middle of that area. All the market has to do now is keep waffling the price up here while closing longs and building a short position before the next push down. This is speculative, of course, but this is the way it looks judging from volume and price action.

WARNING: Speculative.
Attached Image (click to enlarge)
Click to Enlarge Name: feb 2012 - 105.gif Size: 33 KB
  • #30,618
  • Feb 13, 2012 2:12am Feb 13, 2012 2:12am
Quoting traderathome
EU Comment:

The FO confirms the market continues to push up and then favor the new highs for the bulk of the trading, adding a fourth volume spike for a candle striking new highs. It sure looks like the market is trading to set up for a grand drive down. But with the next high impact releases not due until Tuesday, this could go back to ranging in the same levels as last week. PA has now achieved the middle of that area. All the market has to do now is keep waffling the price up here while closing longs and building a short position before the...

TAH May i know which page to download this new template. i was away for some time.

Can i check with you, since you assume that the PA is building up for short. Do you set a sell stop? based on what condition do you set the sell stop? previous low?
  • #30,619
  • Edited 2:20am Feb 13, 2012 2:18am | Edited 2:20am
Quoting marcoxq
TAH May i know which page to download this new template. i was away for some time.

Can i check with you, since you assume that the PA is building up for short. Do you set a sell stop? based on what condition do you set the sell stop? previous low?
Yes, I am also curious as to why "short" when the trend seem to have changed to long due to:

15M EURUSD:
2 PA bounce off Dragon.
Dragon above the MA.
And just made a HH on at 0715 GMT.

5M EURUSD:
The SHI Indicator changed to uptrend (15M)

Sorry and thanks.
  • #30,620
  • Feb 13, 2012 2:28am Feb 13, 2012 2:28am
Hello fellow Singaporeans!

I'm a newbie in forex trading. About me, I'm 25 this year. I love math particularly odds and probabilities. Tbh I love gambling. I make soccer bets @singaporepool every week on soccer games based on probabilities calculation lol. Now I'm serious about making money, and I think forex is the way to go.

I'm just wondering if my fellow Singaporeans have some kind of statistic with this "Sonic R. System" strategy"? I just bought a couple of books on how to do back testing, I have a long way to go...

If there is other singaporeans that trade based on math or probabilities please inform me. Thanks
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