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Sonic R. System

  • #31,301
  • Feb 24, 2012 10:32am Feb 24, 2012 10:32am
Quoting ArtfulDodger
Wouldn't an entry point a little bit below the whole number be a better choice?

In my experience, waiting patiently for a solid close below a RN is a better entry....but it depends on the momentum you see as price trades around/through it, sometimes i'll enter before the close if the price action is strong enough. Also, look at the lack of red volume bars here too, could be a telling sign....we'll see.
  • #31,302
  • Feb 24, 2012 10:33am Feb 24, 2012 10:33am
Quoting traderathome
After all the BS the market has been pulling, figured if it gets to the whole number it's going thru the whole number! I mean, at that point everyone has had a fair opportunity to know what the market has been doing, and many will probably hop aboard the Southbound Express.
Not sure when the Southbound Express is due to check out of the station, but everything I look at seems to indicate a continued upward push for a little bit longer. Of course, we never really know. The old "wait and see."

  • #31,303
  • Feb 24, 2012 10:35am Feb 24, 2012 10:35am
Quoting ChowClown
In my experience, waiting patiently for a solid close below a RN is a better entry....but it depends on the momentum you see as price trades around/through it, sometimes i'll enter before the close if the price action is strong enough.
It seems as though the whole number is providing pretty decent support at the moment. Will it break through? Heck if I know!

I'm at the tail end of a long trade with a SL set just below the whole number to preserve some of it if the train does happen to check out.

  • #31,304
  • Feb 24, 2012 10:50am Feb 24, 2012 10:50am
Quoting traderathome
AU:

Now a classic Sonic R. System short setup.
1. London Session
2. Proper Wave
3. Dragon angled down
4. PA below Dragon (better still, below Trend)
5. S&R consideration is the breakout will take PA down thru major support (lower whole number).

tah
TAH,

isin't Sonic R for the M15? why are you using M30?

thank you for your posts!
  • #31,305
  • Feb 24, 2012 11:13am Feb 24, 2012 11:13am
Quoting ChowClown
In my experience, waiting patiently for a solid close below a RN is a better entry....but it depends on the momentum you see as price trades around/through it, sometimes i'll enter before the close if the price action is strong enough. Also, look at the lack of red volume bars here too, could be a telling sign....we'll see.
AU:

The last "LH" was a climax volume bar. It's not important if bull or bear, just if it is climax, because bull vs bear has more to do with price manipulation during the TF and less to do with the extreme trading going on throughout the TF.
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  • #31,306
  • Feb 24, 2012 11:23am Feb 24, 2012 11:23am
Quoting migmac
TAH,

isin't Sonic R for the M15? why are you using M30?

thank you for your posts!
The Dragon-Trend indicator provides for drawing the M15 Dragon/Trend on the M30 chart. Why? This enables me reduce the sometimes "noise", and to see more history for perspective and selection of TPs. The M15 Dragon/Trend can also be drawn on H1.
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  • #31,307
  • Edited 12:42pm Feb 24, 2012 12:23pm | Edited 12:42pm
AU and Market Comment:

As Master Sonicdeejay has said, many Friday late sessions are a time the market hunts stops.

In the case of AU, this means the market wants to encourage shorts to give up and close out. It wants to encourage "would be" longs to go ahead and jump into the market on the long side. Both would create liquidity for the market to continue building a short position.

But, in case shorts are not giving up and "would be" longs are not encouraged, the market is driving the price up. This will cause stops on some shorts to be hit, closing them out. This will cause some pending long orders to be hit, executing them into the market. Both create liquidity for the market to continue building a short position anyway.

Also, some do not believe "volume" is of any value as an indicator in trading the forex marketplace because it is not true volume of the market, just a count of trades executed thru the individual broker server. Why do we use it here? Look at the volume study. I have marked those bars that are highest and created a definate spike top in the histogram. I have marked the corresponding candlesticks. Can you see that of these "Climax Volume" situations, the last one occurred at PA highs instead of PA lows? It is one of the highest, it is a "triple header" and it is a sign.

WARNING: Speculation.
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  • #31,308
  • Edited 12:57pm Feb 24, 2012 12:42pm | Edited 12:57pm
with all due respect tah, i think youre confusing the newbies trying to learn the system. your entries are not consistently abiding the rules of sonicr entries. you have M1, M5, and now M30 entry. you even have entries where dragon is above 89ema and the angle is not really pointing up or down.

you havent married yourself to the dragon dont you? in master sonicdeejay's 'the sonicr secret' it doesnt say anything about the dragon but the PA's activity near SR, base on the higher TF. in the past i see you posts that news is not relevant in this method, how come now it seems that your adding it to the possible movement or direction of the price. now with regards to your M30 entry dont you think your SL is reasonable? how many pips do you risk? (i bet more than 30) its quite huge unless you have a pretty much decent account, or unless you are trading in micro lots.

proper sonicr entries doesnt happen everyday tah if youre going to stick PA to the rules of the angles of the dragon(visually), but if we focus on the PA, wave, and SR the posibility of daily entries are higher.

as per sonic seniors use to say ddaytrader, muhammad, hansma,sonicdeejay and basber proper sonic entries only "happens 4-5 a month", let the trade come to you. sonicdeejay always emphasize the PA is always the key if im not mistaken, (and he doesnt have daily entries only few but profitable ones).
  • #31,309
  • Edited 1:27pm Feb 24, 2012 12:58pm | Edited 1:27pm
Quoting alrightfrank
with all due respect tah, i think youre confusing the newbies trying to learn the system. your entries are not consistently abiding the rules of sonicr entries. you have M1, M5, and now M30 entry. you even have entries where dragon is above 89ema and the angle is not really pointing up or down.

you havent married yourself to the dragon dont you? in master sonicdeejay's 'the sonicr secret' it doesnt say anything about the dragon but the PA's activity near SR, base on the higher TF. in the past i see you posts that news is not relevant in this...
Alrightfrank, I am totally surprised that after all this time here, you still don't grasp the basics. The "Secret" you refer to is for looking at D1/H4 for hammer/engulfing candles that pave the way for a good Sonic R. System setup on M15. And Sonicdeejay, from the very first, has always used the Dragon because it is part of what defines where EP should be!

Maybe your failure to grasp the basics is because you don't bother to read. Another indication of this is that I have repeatedly pointed out, ever since the 05-15-2011 Dragon-Trend indicator release, that M30 can be used just like it was a less cluttered M15 by setting the indicator to display the M15 Dragon/trend on the M30 chart! No difference! BTW, yes I have made M5 entries and even rarely an M1 entry. Sonic R. is recommended for the M15 TF (read that as PA with M15 TF Dragon & Trend), but is not restricted to it. And, again, if you bothered to read this thread you'd know I have stated how unrewarding M5/M1 entries have been, because I stated so just yesterday!

Your comments are a perfect example of criticism that is unfounded and results from not comprehending the Sonic R. Sytem. The rule for placement of EP is clearly defined in Post #12, where Master Sonicdeejay refers to the candle coming out of the Dragon ("white line"). That is Post #12, alrightfrank. You apparently decided after not reading even that far, you already knew all you needed to know about the Sonic R. System, and feel fully qualified to criticize me.

You, and some others here, ignore the Dragon, even though it is a primary component of the Sonic R. System since Day 1. And you ignore it because you are wanting more trades and "better" entries. Go ahead. Nobody here tells another how to trade. But that is not trading the Sonic R. System. If you truely understood why Master Sonicdeejay set this up the way he did, you'd comprehend the wisdom. You don't. So, go ahead and trade thinking all the while that you understand Sonic R. You don't.

I respectfully suggest that you have a lot of homework to catch up on.

tah
  • #31,310
  • Feb 24, 2012 1:25pm Feb 24, 2012 1:25pm
again with all due respect to you tah, i did my homework, thats why i dont use the dragon on my trades anymore. and i believe im right on doing so coz since ive started live few months ago ive managed to increase my account from 500-2K+ (thanks to this thread and to the advice of other seniors). one just have to know who to follow.

i am now trading fulltime and always in 1 lot, and i believe sonicr without the rules of the dragon will be more successful. to prove to you and other sonicers, i challenge you to post live entries here as we take it then lets see and prove to them which ones does really work.

im here to study and learn the system for real not kiss anybodies a$$, but along the way if i will be able to have a few real good buddies, its a treasure, i somehow managed to decipher which ones work and which ones doesnt. all i can see is that your only posting line of possible entries, SL's and TP's. why dont you post real live entry like the way us "newbies" not just colorful lines like pros like yours.

frank
  • #31,311
  • Edited 6:20pm Feb 24, 2012 1:36pm | Edited 6:20pm
Quoting alrightfrank
again with all due respect to you tah, i did my homework, thats why i dont use the dragon on my trades anymore. and i believe im right on doing so coz since ive started live few months ago ive managed to increase my account from 500-2K+ (thanks to this thread and to the advice of other seniors). one just have to know who to follow.

i am now trading fulltime and always in 1 lot, and i believe sonicr without the rules of the dragon will be more successful. to prove to you and other sonicers, i challenge you to post live entries here as we take it...
I post practically 100% my trades live. See attached pic. for my most recently posted live trade (in case you don't read the thread). I post these trades using charts very clearly depicting all the basic elements of Sonic R. I do them the way I do, taking the time to use boldly visible lines for EP, SL, TP, etc., so readers/learners can most quickly grasp the illustrated basics. You see, I have the purpose of this thread in mind, and the convenience of others, when I post a Sonic R. System trade. You don't, because you don't follow the Sonic R. System. You follow just your own (well, actually another's) distortion of the Sonic R. System.

I could go around with you on this for eternity, alrightfrank. But I won't. Let's leave it this way.....

.....you trade your way and I'll trade mine. But don't criticize me ever again about using the Dragon until you see Master Sonicdeejay has stopped using the Dragon!

Here are some of the Master's recent references to the Dragon. To quote Sonicdeejay:

".....I still let Dragon...trigger me..."
http://www.forexfactory.com/showthre...39#post5344939

"I went in after it cross up Dragon.."
http://www.forexfactory.com/showthre...64#post5345664

"But the only lagging indicatior I have in my chart now is Sonic Dragon aka EMA 34...as we found ourselves rather very profitable with S/R, wave, price action..& lil bit of volume..."
http://www.forexfactory.com/showthre...06#post5360506

"The price is above dragon.. One shouldn't be going short even if the bias is short."
http://www.forexfactory.com/showthre...96#post5379296


tah
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  • #31,312
  • Feb 24, 2012 1:43pm Feb 24, 2012 1:43pm
Market Comment:

EU is weakening. AU is weakening. Makes me wonder if a gap down comes at the open next week. Be careful, sonikers. Personally, I would not hold an anti-USD trade over the weekend.

tah
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  • #31,313
  • Feb 24, 2012 1:59pm Feb 24, 2012 1:59pm
i knew you would say that, now i rest my case...

i have nothing against you master tah, youre still the number one contributor on this thread and i knew how much effort you have done to keep this thread alive and to keep your detractors out LOL!

lets move on and practice our kung-fu! KEEP IT SIMPLE STUPID -tah
  • #31,314
  • Feb 24, 2012 2:26pm Feb 24, 2012 2:26pm
Quoting alrightfrank
i knew you would say that, now i rest my case...

i have nothing against you master tah, youre still the number one contributor on this thread and i knew how much effort you have done to keep this thread alive and to keep your detractors out LOL!

lets move on and practice our kung-fu! KEEP IT SIMPLE STUPID -tah
Alrightfrank, I have absolutely no control over who comes and who goes. And only Sonicdeejay posesses the control to eliminate any posting within Forex Factory guidlines, but that he sees as unfit for the Sonic R. System thread.

My postings might outnumber those of others, but that is due to a variety of reasons:
1. I've been here longer.
2. I post all my trades here, live trades posted real-time nearly 100% of the time. Nobody else does this.
3. I provide templates and indicators in support of this project, and I am called upon to answer questions about them and provide other explanations.
4. I believe in the psychological aspect of the marketplace, not just the technical aspect, and provide postings that might temper, or even contradict conclusions based on just technical analysis.
5. And, I occasionally respond to other topics brought up by some here.

Regards,
-tah
  • #31,315
  • Feb 24, 2012 4:48pm Feb 24, 2012 4:48pm
I also agree on the psychological aspect of the market. I've been listening to trading in the zone every night this week before going to bed and am working personally on my psychie.

I believe once I have a grasp on the psycholigical aspect then I will start to see more consitant gains.

also following basic sonicr entries =)
  • #31,316
  • Feb 24, 2012 5:24pm Feb 24, 2012 5:24pm
Here's my trade that I made reference to earlier.

Comments welcomed!

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  • #31,317
  • Feb 24, 2012 5:27pm Feb 24, 2012 5:27pm
Quoting Dyekid217
I also agree on the psychological aspect of the market. I've been listening to trading in the zone every night this week before going to bed and am working personally on my psychie.

I believe once I have a grasp on the psycholigical aspect then I will start to see more consitant gains.

also following basic sonicr entries =)
What is CICR?
  • #31,318
  • Feb 24, 2012 9:16pm Feb 24, 2012 9:16pm
Quoting adler
I agree with what you say, I have been trading successfully for more than 7 years and to be honest, I feel the reason we are posting here is to be clear concise and to the point of the system. Just because I have all the time in the world to post, think what would happen if each and every one of us start to post a sonic chart and come out with out speculations.



How can a NEWBIE have the skills to decifer what is right or wrong!
I strongly believe any poster should stick to the SYSTEM, SYSTEM, SYSTEM. This system manual does not talk about...

adler, as you "have been trading successfully for more than 7 years", would you share for those 7 years on:
- what instruments you trade ?
- how you trade to be successfully for more than 7 years ?
- specific trading methods ?
- any other trading experiences ?
  • #31,319
  • Feb 24, 2012 11:08pm Feb 24, 2012 11:08pm
Quoting alrightfrank
again with all due respect to you tah, i did my homework, thats why i dont use the dragon on my trades anymore. and i believe im right on doing so coz since ive started live few months ago ive managed to increase my account from 500-2K+ (thanks to this thread and to the advice of other seniors). one just have to know who to follow.

i am now trading fulltime and always in 1 lot, and i believe sonicr without the rules of the dragon will be more successful. to prove to you and other sonicers, i challenge you to post live entries here as we take...
Hi frank,

tah is posting his trades live and typically reports weekly results. Can you post your live trades as well? I'd be interested to see what you mean by that you feel you are entering better than the dragon and/or deviation from sonic.
  • #31,320
  • Feb 24, 2012 11:12pm Feb 24, 2012 11:12pm
Tah or sonic: you mention we should only enter trades during London session. London session right now is 8am - 5pm GMT.

However, sonic has mentioned early in this thread and also in his documents to trade:
1AM - 4 AM EST (UK session)
7AM - 11 AM EST (US session)
which is
5am - 8am gmt
11am - 3pm gmt
assuming this is winter time to match up 8am - 5pm GMT but times are not the same.

Can you please clarify? Thank you.
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