Sonic R. System | Page 1901 | 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

  • #38,001
  • Edited 4:46am Jul 27, 2012 3:44am | Edited 4:46am
my EU trade stop order triggered.

Edit: add trade managemnt update after GMT0930 candle close.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: EU 27 Jul trade 27-7-2012 4-40-20 PM.png Size: 24 KB
Click to Enlarge Name: EU 27 Jul trade management1 27-7-2012 5-30-14 PM.png Size: 48 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #38,002
  • Jul 27, 2012 4:51am Jul 27, 2012 4:51am
few minutes to GMT 1000
maybe a lower H just starting to show....still must wait, don't jump the gun now.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #38,003
  • Jul 27, 2012 5:04am Jul 27, 2012 5:04am
i long GU

EP 1.5711
SL 1.5673

TP at DR1, DR2
Attached Image (click to enlarge)
Click to Enlarge Name: gu.gif Size: 35 KB
Keep Simple...!
  • #38,004
  • Jul 27, 2012 5:11am Jul 27, 2012 5:11am
Quoting GuruKrish
Can you update your pos details?
Re-read what was I answering. There was a question about buystop/sellstop placement, not position.
cut losses short, let profits run.
  • #38,005
  • Edited 5:13am Jul 27, 2012 5:11am | Edited 5:13am
GMT1000 update:
1) did not move my SellStopLoss.
2) place BuyStop above the last H


will wait another 2 candles then look at PA again and if I can take TP1 and reduce SL to LH.

Edit: Am I doing it 'right'? anyone with comments, please feel free to write something.
Attached Image (click to enlarge)
Click to Enlarge Name: EU 27 Jul trade management GMT1000 27-7-2012 6-00-35 PM.png Size: 31 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #38,006
  • Jul 27, 2012 5:18am Jul 27, 2012 5:18am
Quoting emmanuel7788
GMT1000 update:
1) did not move my SellStopLoss.
2) place BuyStop above the last H


will wait another 2 candles then look at PA again and if I can take TP1 and reduce SL to LH.

Edit: Am I doing it 'right'? anyone with comments, please feel free to write something.
.
Attached Image (click to enlarge)
Click to Enlarge Name: as777777.jpg Size: 166 KB
cut losses short, let profits run.
  • #38,007
  • Jul 27, 2012 5:21am Jul 27, 2012 5:21am
Quoting emmanuel7788
GMT1000 update:
1) did not move my SellStopLoss.
2) place BuyStop above the last H


will wait another 2 candles then look at PA again and if I can take TP1 and reduce SL to LH.

Edit: Am I doing it 'right'? anyone with comments, please feel free to write something.
It's just my own view.

I think short EU at this time is not a good idea. EU was rising last two days with increase volume.
Keep Simple...!
  • #38,008
  • Jul 27, 2012 5:22am Jul 27, 2012 5:22am
Quoting emmanuel7788
GMT1000 update:
1) did not move my SellStopLoss.
2) place BuyStop above the last H


will wait another 2 candles then look at PA again and if I can take TP1 and reduce SL to LH.

Edit: Am I doing it 'right'? anyone with comments, please feel free to write something.
Also, you could have followed smaller waves to place your stop. They are hardly visible in M15, but still visible. Turn on M5 to see them.
Attached Image (click to enlarge)
Click to Enlarge Name: as777777777ff.jpg Size: 164 KB
cut losses short, let profits run.
  • #38,009
  • Jul 27, 2012 5:28am Jul 27, 2012 5:28am
Quoting Domas4
.
Thanks Domas!

A picture is worth more than a thousand words. Brilliant!

I knew I missed something far better.

Enjoy this:

Inserted Video
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #38,010
  • Jul 27, 2012 5:29am Jul 27, 2012 5:29am
Quoting kotlt
i long GU

EP 1.5711
SL 1.5673

TP at DR1, DR2
You can wait the price to break RWH.
  • #38,011
  • Jul 27, 2012 5:38am Jul 27, 2012 5:38am
Quoting GuruKrish
You can wait the price to break RWH.
Sorry but my chart do not have RWH, can you please tell me RWH at this time or capture your chart??? Many thank!
Keep Simple...!
  • #38,012
  • Jul 27, 2012 5:41am Jul 27, 2012 5:41am
Quoting kotlt
Sorry but my chart do not have RWH, can you please tell me RWH at this time or capture your chart??? Many thank!
1.57227
  • #38,013
  • Jul 27, 2012 5:41am Jul 27, 2012 5:41am
Quoting kotlt
It's just my own view.

I think short EU at this time is not a good idea. EU was rising last two days with increase volume.

good point kotlt.
but 1.2300 is key historical and previous 2 weeks high.
today it can go anywhere.
this a CT trade so more risk.

regards,
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #38,014
  • Jul 27, 2012 5:46am Jul 27, 2012 5:46am
Hey guys, hope all is well! I hate to bother you, but I was wondering if anyone can point me to that gray sonic wave that shows the trend. Much appreciated. thanks
  • #38,015
  • Jul 27, 2012 5:52am Jul 27, 2012 5:52am
Quoting Gildo
Hey guys, hope all is well! I hate to bother you, but I was wondering if anyone can point me to that gray sonic wave that shows the trend. Much appreciated. thanks
But don't ask about the pink

Plz bother little bit youself and read the page #1.

Regards,
GK.
  • #38,016
  • Jul 27, 2012 5:53am Jul 27, 2012 5:53am
Quoting alexbs
okay i see..thx for confirmation..

I take short on EU, entry on 5m chart sonic setup..
Closed for 25pips..

if u look when the middle blue candle forming, it's so fast.. and scared me will hit my SL.. lucky i can closed trade in nice position..
Attached Image (click to enlarge)
Click to Enlarge Name: eu.gif Size: 32 KB
  • #38,017
  • Jul 27, 2012 5:57am Jul 27, 2012 5:57am
A lot of rockets still left...

http://www.reuters.com/article/2012/...86Q0EA20120727
fooled by randomness in art
Meditation All Time Return: 8.9%
  • #38,018
  • Jul 27, 2012 5:59am Jul 27, 2012 5:59am
Quoting Domas4
Also, you could have followed smaller waves to place your stop. They are hardly visible in M15, but still visible. Turn on M5 to see them.
I'm doing same like u...

Learn something usefull today.. thx domas
Attached Image (click to enlarge)
Click to Enlarge Name: eu.gif Size: 33 KB
  • #38,019
  • Jul 27, 2012 6:18am Jul 27, 2012 6:18am
Quoting emmanuel7788
good point kotlt.
but 1.2300 is key historical and previous 2 weeks high.
today it can go anywhere.
this a CT trade so more risk.

regards,
Yeah, nice !

I said "short EU at this time is not a good idea. EU was rising last two days with increase volume.", but i do not mean buying Eu because there is still no sonicR setup for EU.

I think you will right today
Quote
[today it can go anywhere.

I long AU at 1.0439
Attached Image (click to enlarge)
Click to Enlarge Name: au.gif Size: 39 KB
Keep Simple...!
  • #38,020
  • Jul 27, 2012 6:50am Jul 27, 2012 6:50am
This EU trade closed before NYO.
Decide to cut loss on this CT trade.
Closing shop for this week and wait for London Olympics Opening Ceremony.
Plenty of sports to watch.

Have a Great Weekend Everyone!
Attached Image (click to enlarge)
Click to Enlarge Name: EU 27 Jul trade closed 27-7-2012 7-43-27 PM.png Size: 18 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
36 traders viewing now