Sonic R. System | Page 1629 | 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

  • #32,561
  • Mar 21, 2012 6:34pm Mar 21, 2012 6:34pm
Quoting traderathome
EJ Comment:

Today could become a telling day for this pair; another cycle up, or a momentus breakout down which could signal the market as seeing the yen finally strengthening again after three months of weakening.
well i think that is correct when it break TAH. i am also thinking gonna short that EJ. but waiting the prefect time such as FO and LO. or depends on PA and start to scalp it when it is not FO or LO. why i choose scalp coz i think it is safer since it is not LO yet.
Money Management and Patience is the Key
  • #32,562
  • Mar 21, 2012 6:50pm Mar 21, 2012 6:50pm
Quoting sonicdeejay
Morning Folks
Could you take your time to explain the line you draw a bit? I don't really get it
  • #32,563
  • Mar 21, 2012 10:07pm Mar 21, 2012 10:07pm
Quoting duyk20
Could you take your time to explain the line you draw a bit? I don't really get it
They are S/R line..
See how helpful and predictable is that,. Price basically bounce around the lvl..


Sonic
  • #32,564
  • Mar 21, 2012 10:32pm Mar 21, 2012 10:32pm
Quoting duyk20
Could you take your time to explain the line you draw a bit? I don't really get it

I thought a chart is worth a thousand words?

breeze
  • #32,565
  • Mar 21, 2012 10:36pm Mar 21, 2012 10:36pm
Quoting scuderia
well i think that is correct when it break TAH. i am also thinking gonna short that EJ. but waiting the prefect time such as FO and LO. or depends on PA and start to scalp it when it is not FO or LO. why i choose scalp coz i think it is safer since it is not LO yet.
EJ:

Just speaking an opinion.

We see very high activity for this time of the asian session. And the PA down/up/down is just the big players keeping the price in a range while loading up, presumably on shorts. This could offer a nice SonicR short opportunity today.
Attached Image (click to enlarge)
Click to Enlarge Name: mar 2012 - 180.gif Size: 45 KB
  • #32,566
  • Mar 21, 2012 11:00pm Mar 21, 2012 11:00pm
Quoting fxbreeze
I thought a chart is worth a thousand words?

breeze
Ya, it's for someone smart. Not in my case.
  • #32,567
  • Mar 21, 2012 11:18pm Mar 21, 2012 11:18pm
Quoting duyk20
Ya, it's for someone smart. Not in my case.
That chart showed it the resistance area previously. Its also similar to the 4 hour chart.

But yea, we will see what the day brings, price is slowly going back to this weeks' support levels of 1.32X to 1.34X
  • #32,568
  • Mar 21, 2012 11:22pm Mar 21, 2012 11:22pm
I know this is a little late but... thank you sonic +50 pips
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD15m.jpg Size: 167 KB
Forex brokers real time discount - visit Abundance trading group. com
  • #32,569
  • Mar 22, 2012 12:22am Mar 22, 2012 12:22am
Quoting duyk20
Ya, it's for someone smart. Not in my case.
Dear duyk20,

I don't mean to be offensive, or sarcastic. You have participated since Oct 2010, by then, your wisdom should have grow/outshone linearly. If not, I am speechless.


breeze
  • #32,570
  • Mar 22, 2012 2:12am Mar 22, 2012 2:12am
Attached Image (click to enlarge)
Click to Enlarge Name: 22-03-2012-ej targel.gif Size: 37 KB
Everything is possible!!! Step by Step...
  • #32,571
  • Mar 22, 2012 2:23am Mar 22, 2012 2:23am
Quoting DmitryFX
Attachment
good setup, but just in the daily pivot, better wait for it to break?
  • #32,572
  • Mar 22, 2012 2:26am Mar 22, 2012 2:26am
Quoting migmac
good setup, but just in the daily pivot, better wait for it to break?
may be yes, will see...
Everything is possible!!! Step by Step...
  • #32,573
  • Mar 22, 2012 3:17am Mar 22, 2012 3:17am
TAH looks like that EJ break. so i am gonna short it.
Money Management and Patience is the Key
  • #32,574
  • Mar 22, 2012 3:26am Mar 22, 2012 3:26am
Quoting scuderia
TAH looks like that EJ break. so i am gonna short it.
Yes sir! (And I got chided for my Scout short. I'm letting that trade run!)
  • #32,575
  • Mar 22, 2012 4:16am Mar 22, 2012 4:16am
Quoting hunter101
That chart showed it the resistance area previously. Its also similar to the 4 hour chart.

But yea, we will see what the day brings, price is slowly going back to this weeks' support levels of 1.32X to 1.34X
"Slowly and steadily becoming the trader that i want to be.. Just have to be confident and let the trades come to me, and NOT chase it.. Just like women " -

Hunter101, I offer.....

"Steadily becoming the trader I want to be. Being confident to let the trades come to me. By chasing neither trades nor wimmin', I'll soon be winnin'....!"

-tah
  • #32,576
  • Mar 22, 2012 4:26am Mar 22, 2012 4:26am
Quoting traderathome
EU, GU and Market Comment:

I am just stating an opinion here.

The USD might be getting back some of its strength. The market has been reluctant to allow this, but it might be relinquishing. If so, across the board of USD pairs we might be seeing more pro-USD moves.
Market Comment:

Could just be the beginning....

(BTW, to the "naysayers" from earlier in the week......told Cha!)
Attached Image(s) (click to enlarge)
Click to Enlarge Name: mar 2012 - 181.gif Size: 28 KB
Click to Enlarge Name: mar 2012 - 182.gif Size: 25 KB
  • #32,577
  • Mar 22, 2012 4:35am Mar 22, 2012 4:35am
Quoting traderathome
EJ:

Entered short (EP= 110.71) as a SC (Scout) trade.
EJ:

Manually closed for 192 pips EP= 110.71 to close= 108.79.
Attached Image (click to enlarge)
Click to Enlarge Name: mar 2012 - 184.gif Size: 42 KB
  • #32,578
  • Mar 22, 2012 4:40am Mar 22, 2012 4:40am
Quoting traderathome
GU:

Entered short (EP= 1.5867).

Been lots of "up" in recent days. Due for either pullback or reversal, which could under those circumstances get kicked off in the asian session. That's the chance, and the risk of the trade.
GU:

Manually closed for 91 pips EP= 1.5867 to close= 1.5776.
Attached Image (click to enlarge)
Click to Enlarge Name: mar 2012 - 185.gif Size: 44 KB
  • #32,579
  • Mar 22, 2012 5:01am Mar 22, 2012 5:01am
Quoting traderathome
EU:
Entered short (EP= 1.3154).
Quoting traderathome
EU:
Added another short trade (EP=1.3263). This is a SC (Scout) trade.
EU:

Manually closed trade #1 for 5 pips gain EP= 1.3154 to close= 1.3149.
Manually closed trade #2 for 114 pips gain EP= 1.3263 to close= 1.3149.
Attached Image (click to enlarge)
Click to Enlarge Name: mar 2012 - 183.gif Size: 42 KB
  • #32,580
  • Mar 22, 2012 5:55am Mar 22, 2012 5:55am
Crazy week so far. Across the board negative PMI numbers for EURO made things haywire. Who says news does not move the markets? As Sonic would say, too late to short and too early to enter, let the dragon show.
40 traders viewing now