Sonic R. System | Page 1820 | 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

  • #36,381
  • Jun 26, 2012 3:21am Jun 26, 2012 3:21am
Quoting emmanuel7788
IMHO, you are chasing price.
now you got to manage this trade.
stay focus in trade management.
Thanks for the help friend.

L.
  • #36,382
  • Jun 26, 2012 3:22am Jun 26, 2012 3:22am
Quoting traderathome
EU: Entered long. TP is from S&R on H1.
http://www.forexfactory.com/attachme...4&d=1340696141
Hi TAH,

Can you explain how can you chose the point to TP?
  • #36,383
  • Jun 26, 2012 3:23am Jun 26, 2012 3:23am
Quoting Gibril
GU. Where to set TP ? Is it DR2 or DR 3 ? Any idea ?
And,...... What pair? What TF? (Lots of questions)
  • #36,384
  • Jun 26, 2012 3:28am Jun 26, 2012 3:28am
Quoting pip4life
Hi TAH, Can you explain how can you chose the point to TP?
From S&R on H1. Plus, a whole number area is natural S&R, so for exiting a trade it is good to be getting out some pips beforehand.
Attached Image (click to enlarge)
Click to Enlarge Name: jun 2012 - 143.gif Size: 45 KB
  • #36,385
  • Jun 26, 2012 3:33am Jun 26, 2012 3:33am
Quoting traderathome
And,...... What pair? What TF? (Lots of questions)
New Chart, clearer.


Gibril
Attached Image (click to enlarge)
Click to Enlarge Name: gu15mins.gif Size: 67 KB
  • #36,386
  • Jun 26, 2012 3:35am Jun 26, 2012 3:35am
Quoting sonicdeejay
I gonna buy some silver...at the bank


Sonic
Good-luck, Sonic
  • #36,387
  • Jun 26, 2012 3:38am Jun 26, 2012 3:38am
EU: must wait ..... if I want to be BUYER.
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD 26 Jun LO 26-6-2012 4-34-15 PM.png Size: 47 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #36,388
  • Jun 26, 2012 3:41am Jun 26, 2012 3:41am
Quoting Gibril
New Chart, clearer. Gibril
For Dragon-Trend indy (and VSA Candles and VSA Histgram indys, when using them), for the chart zoom setting you are using, you should increase the manual zoom setting by one, or turn on the automatic zoom feature. The Dragon should appear completely solid, without spaces as yours is showing.
Attached Image (click to enlarge)
Click to Enlarge Name: jun 2012 - 144.gif Size: 34 KB
  • #36,389
  • Jun 26, 2012 3:47am Jun 26, 2012 3:47am
Quoting jaau
Thanks for the help friend.

L.
Stoped by the GBP news!

L.
  • #36,390
  • Jun 26, 2012 3:49am Jun 26, 2012 3:49am
Hi TAH

Could you provide your inputs about the below entry?



Cheers
Vicky
Attached Image (click to enlarge)
Click to Enlarge Name: 1.gif Size: 30 KB
Fall seven times, stand up Eight! #GGMU
  • #36,391
  • Jun 26, 2012 4:05am Jun 26, 2012 4:05am
Quoting vickym
Hi TAH

Could you provide your inputs about the below entry?

Cheers
Vicky
No proper setup found. You entered early.
  • #36,392
  • Jun 26, 2012 4:06am Jun 26, 2012 4:06am
EU: Should be seeing a good run up later. The BBs just slammed the price down to create liquidity to get more long orders of their own filled. (This is why with EU I am reluctant to use a hard SL, never know when they will execute this strategy. My trade is still running.)
Attached Image (click to enlarge)
Click to Enlarge Name: jun 2012 - 145.gif Size: 37 KB
  • #36,393
  • Jun 26, 2012 4:14am Jun 26, 2012 4:14am
Quoting traderathome
EU: Should be seeing a good run up later. The BBs just slammed the price down to create liquidity to get more long orders of their own filled. (This is why with EU I am reluctant to use a hard SL, never know when they will execute this strategy. My trade is still running.)

since this being the case, I would build up more BUY positions and get a much better overall average price.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #36,394
  • Jun 26, 2012 4:18am Jun 26, 2012 4:18am
Quoting vickym
Hi TAH Could you provide your inputs about the below entry? Cheers Vicky
If you were using the large wave I show, I see it ok. You suffered thru a pullback (BBs loading up shorts most likely), but your trade is now running fine. That your entry was not in the London session was the one drawback. You can see how, if you had waited for the LS, you could have entered the same level without suffering the pullback.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 1.gif Size: 30 KB
Click to Enlarge Name: jun 2012 - 146.gif Size: 32 KB
  • #36,395
  • Jun 26, 2012 4:25am Jun 26, 2012 4:25am
Quoting emmanuel7788
EU: must wait ..... if I want to be BUYER.
Interesting, can you pls explain why you waited on this one?
  • #36,396
  • Edited 4:49am Jun 26, 2012 4:26am | Edited 4:49am
Quoting traderathome
EU: Should be seeing a good run up later. The BBs just slammed the price down to create liquidity to get more long orders of their own filled. (This is why with EU I am reluctant to use a hard SL, never know when they will execute this strategy. My trade is still running.)
Quoting emmanuel7788
since this being the case, I would build up more BUY positions and get a much better overall average price.
Go ahead.

Sonicers, however, take this predictive sign and await the SonicR long setup with far greater confidence in trading it (pic.1). Note that EU could be staging for a typical 100+ pips swing towards the upper whole number area near RDH. Looks like the BBs pulled one off on GU, also. Under these circumstances, I might let my GU trade run and see if PA makes RDH (pic.2).

-traderathome
Attached Image(s) (click to enlarge)
Click to Enlarge Name: jun 2012 - 147.gif Size: 40 KB
Click to Enlarge Name: jun 2012 - 148.gif Size: 35 KB
  • #36,397
  • Edited 4:55am Jun 26, 2012 4:49am | Edited 4:55am
Quoting Adeleke
Interesting, can you pls explain why you waited on this one?
if you look closely at the chart I posted, there are red arrows... and what I mention also 'show-stopper'.

As a trader, I always wait to get a better entry price or I have to find ways to build up my positions.

As traders, we must know how to manage out of a losing position and very important know when to cut loss.

Edit: There is a book by Agustin Silvani title "Beat the Forex Dealer". A good read for forex traders.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #36,398
  • Edited 5:13am Jun 26, 2012 5:02am | Edited 5:13am
EU:

Sonicers, this might give a nice run today. The BBs slammed price down on a liquidity creation drive to get their own low priced long orders filled, and so they obviously plan for this to move higher. From yesterday's low to the upper whole number (1.2600) area near RDH, it is a nice and typical 100+ pips intra-day move that might be brewing.
Attached Image (click to enlarge)
Click to Enlarge Name: jun 2012 - 149.gif Size: 35 KB
  • #36,399
  • Jun 26, 2012 5:10am Jun 26, 2012 5:10am
Quoting Msis125125
Entered short GPBNZD, expecting 60-70 pips. A bit dear to enter, but setup is valid.

+63 pips profit!
Attached Image (click to enlarge)
Click to Enlarge Name: gbpnzd done.gif Size: 266 KB
There is no spoon....
  • #36,400
  • Jun 26, 2012 5:15am Jun 26, 2012 5:15am
Quoting Msis125125
+63 pips profit!
Congratulations! Way to go!
Attached Image (click to enlarge)
Click to Enlarge Name: gbpnzd%20done.gif Size: 266 KB
47 traders viewing now