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Sonic R. System

  • #38,101
  • Edited 6:19am Jul 30, 2012 5:55am | Edited 6:19am
Multi TF Hi Lo supports M5,M15,M30,H1,H4,D1,W1,M1.

Multi TF Hi Lo atleast one Input must set to true and Chart TF is lower than selected TF input.

Regards,
GK.
Attached File(s)
File Type: ex4 Multi_TF Hi Lo.ex4   7 KB | 668 downloads
  • #38,102
  • Jul 30, 2012 6:32am Jul 30, 2012 6:32am
Quoting alexbs
nice entry...i forgot to check my higher time frame and that fibo level.. i won't move my SL to BE to fast if i look that fibo retracement..

also there is WPv 1.2260 as support..
worst case if I am wrong I have my SL in place.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #38,103
  • Jul 30, 2012 7:05am Jul 30, 2012 7:05am
Hi friends
we did cross for a short...

Cheers
aligater
born to speculate
  • #38,104
  • Jul 30, 2012 7:13am Jul 30, 2012 7:13am
Quoting aligater
Hi friends
we did cross for a short...

Cheers
aligater
same here, actually i dont understand why people opened long positions, there is no entry at all
P.S took short, closed +17p (would be +31 for now), +3.4% for today, im done. Yes, too agressive MM, but its only for 1-2month.
Good luck
  • #38,105
  • Jul 30, 2012 7:21am Jul 30, 2012 7:21am
Quoting emmanuel7788
also there is WPv 1.2260 as support..
worst case if I am wrong I have my SL in place.
u'r trade would be bad if price break 2240 area..
  • #38,106
  • Jul 30, 2012 7:56am Jul 30, 2012 7:56am
Quoting GuruKrish
Multi TF Hi Lo supports M5,M15,M30,H1,H4,D1,W1,M1.

Multi TF Hi Lo atleast one Input must set to true and Chart TF is lower than selected TF input.

Regards,
GK.
GK, which time frame do you personally choose to set the indicator on?

Thanks!
  • #38,107
  • Jul 30, 2012 8:38am Jul 30, 2012 8:38am
Quoting ArtfulDodger
GK, which time frame do you personally choose to set the indicator on?
Thanks!
This is the modified version of the indi. 4H To all time frame.

By defalut all the param are set to false. You have to set a param to true while attaching the indi. into chart. For example your TF is 15M in your chart you can enable Higher TF only one param to true in the indi.

Don't set all the param to true that won't work. Set only one to true.

Example my TF is 15 Min in my chart i enabled 4H to true in the SS.
Attached Image
  • #38,108
  • Edited 9:12am Jul 30, 2012 8:52am | Edited 9:12am
Im following this thread now for several time. I like Sonics method cause it fit my trading style. Normally i didnt want to post, cause im not yet comfortable with this method.
But what is see on several post here in the last time is not a Sonic setup. So i ask myself why you enter when there is no Sonic setup.
I think MSIS125125 you are one of the trader here who look for good and real Setups and have the time to wait and dont act too quickly.
I know you read this PDF from VYTAUTAS. And i can only advice everybody here, read this PDF too. It helps a lot.

And plz keep this thread clean with SonicR setups. it would help everybody, new and old.


Quoting Vytautas
Hello,

Just summary, read, read, read till u will drive forex and SonicR like car.
http://www.forexfactory.com/attachme...2&d=1262184099
  • #38,109
  • Jul 30, 2012 9:00am Jul 30, 2012 9:00am
EU: Entered long per attached.
Attached Image (click to enlarge)
Click to Enlarge Name: july 2012 - 131.gif Size: 33 KB
  • #38,110
  • Jul 30, 2012 9:16am Jul 30, 2012 9:16am
Quoting propip
Im following this thread now for several time. I like Sonics method cause it fit my trading style. Normally i didnt want to post, cause im not yet comfortable with this method.
But what is see on several post here in the last time is not a Sonic setup. So i ask myself why you enter when there is no Sonic setup.
I think MSIS125125 you are one of the trader here who look for good and real Setups and have the time to wait and dont act too quickly.
I know you read this PDF from VYTAUTAS. And i can only advice everybody here, read this PDF too. It...
I fully read PDF from VYTAUTAS. I am having one question.

At page no 15 here this para

4) Trading price action means you are identifying support and resistance levels, you are identifying highs and lows, higher highs and higher lows, lower lows and lower highs, and you are basing your trade decisions on that price data, and not on what your indicators are doing. When you say you are watching the slope of the dragon and making decisions based upon slope, you are trading an indicator, not price. SonicR works because the indicators are secondary to price. You are making price secondary to the indicators.


What is said is stick with the PA weather it is below or above dragon and the slope of the dragon is not important if all the other setup are ok.



What do you think about this?


Regards,
GK.
  • #38,111
  • Jul 30, 2012 9:35am Jul 30, 2012 9:35am
Quoting GuruKrish
I fully read PDF from VYTAUTAS. I am having one question.

At page no 15 here this para

[left][font=Verdana][size=1][font=Verdana][size=2]4) Trading price action means you are identifying support and resistance levels, you are identifying highs and lows, higher highs and higher lows, lower lows and lower highs, and you are basing your trade decisions on that price data, and not on what your indicators are doing. When you say you are watching the slope of the dragon and making decisions based upon slope, you are trading an indicator, not price....

I think hes right. PA is more important than the DRAGON or other indicator. Indicator and Dragon only helps to enter a trade. He also says many many times :"I needed to focus on the core concepts: support and resistance,
highs and low, higher highs and higher lows, lower lows and lower highs, and last, but certainly not
least, wave analysis."

And i think too, that this is more important than the dragon.
If there is a 1-2-3 Sign at a S/R area, and the RR Ratio is good, I would take the trade also without the dragon and indicators.
He also say, if the RR Ratio is too bad for him he dont take that trade like me.
  • #38,112
  • Jul 30, 2012 9:37am Jul 30, 2012 9:37am
Quoting GuruKrish
I fully read PDF from VYTAUTAS. I am having one question. At page no 15 here this paragraph.... "Trading price action means you are identifying support and resistance levels, you are identifying highs and lows, higher highs and higher lows, lower lows and lower highs, and you are basing your trade decisions on that price data, and not on what your indicators are doing. When you say you are watching the slope of the dragon and making decisions based upon slope, you are trading an indicator, not price...."
In the midst of lower H/Ls you can find PA starting to make higher HLs, only to find out later it must have been no more than a "pullback", because then PA went even lower! So, what do you use to further "qualify" or "validate" the PA you are looking at?

This is the reason PA should be on the right side of the Dragon before entering. This is the reason PA waves should rightfully place price on the right side of the Dragon for a valid EP. And the better the angle of the Dragon in the direction of the presumed trade, the better. It is a "PA qualifier". And in this case, a little lagging is good, not bad, as it helps avoid headfakes.

Trying to get the "early entry" by entering when PA is on the wrong side of the Dragon is "trading a different trading system". It is not the Sonic R. System. And ignoring the Dragon and it's angle is also "trading a different trading system".

Learn to stick with the Sonic R. System rules and recommendations AND get good at understanding PA and S&R. It is all part of the package. And understand this, no system will give you just winning trades. Why? The market is too "devious" for any system to cope. It is why, for example, the market whipsaws price,....to screw up all systems! And this is why good money management is a critical part of any trading system.
  • #38,113
  • Jul 30, 2012 9:45am Jul 30, 2012 9:45am
Quoting traderathome
EU: Entered long per attached.
EU: SL hit for 17 pips lost EP1 to SL1. At time of entry M5 looked ok, but M15 then and still now is not ok. And this is the result of trading long when PA is below the Dragon on M15, even though higher HLs were in progress. This is an example of the points made in the post above.
Attached Image(s) (click to enlarge)
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  • #38,114
  • Jul 30, 2012 9:57am Jul 30, 2012 9:57am
Quoting propip
I think hes right. PA is more important than the DRAGON or other indicator. Indicator and Dragon only helps to enter a trade. He also says many many times :"I needed to focus on the core concepts: support and resistance,
highs and low, higher highs and higher lows, lower lows and lower highs, and last, but certainly not
least, wave analysis."



And i think too, that this is more important than the dragon.
If there is a 1-2-3 Sign at a S/R area, and the RR Ratio is good, I would take the trade also without the dragon and indicators.
He also say,...
He means, that is more important to know how a L/HH/HL or H/LL/LH looks like. And that its also important that we know where the S/R areas are, than we can see the price break through the Dragon. Like TAH said : It is all part of the package.
  • #38,115
  • Jul 30, 2012 10:19am Jul 30, 2012 10:19am
EU:

This was the trade today. However, if PA breaks LOD, another short trade gets underway. And it might be "iffy" since the time will be late in, or after, the LS, and since RDL is so close.
Attached Image (click to enlarge)
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  • #38,116
  • Jul 30, 2012 10:59am Jul 30, 2012 10:59am
EU Commentary:

Right now, M5 is growing more bullish. PA is consolidating in the half number area after being driven down hard at the US open. The drive down might have been for closing shorts. And the current consolidation might be for continuing to do so, and to build long positions, because ever since LOD the PA has been drifting higher. And VSA shows some high density trading on some upside moves.

Attached is a pic of my thinking for a long trade. So, for a while longer today, I'll watch to see what PA does after the LS closes, when the US has the market more to itself with less interference from others.

M15 is still not ready for a long setup. However, a sudden drive up would very quickly change that.
Attached Image (click to enlarge)
Click to Enlarge Name: july 2012 - 136.gif Size: 32 KB
  • #38,117
  • Jul 30, 2012 11:09am Jul 30, 2012 11:09am
EU: Entered long again, per attached.
Attached Image (click to enlarge)
Click to Enlarge Name: july 2012 - 137.gif Size: 32 KB
  • #38,118
  • Jul 30, 2012 11:23am Jul 30, 2012 11:23am
Quoting propip
He means, that is more important to know how a L/HH/HL or H/LL/LH looks like. And that its also important that we know where the S/R areas are, than we can see the price break through the Dragon. Like TAH said : It is all part of the package.
it is really hard to forcast the future, thats why leading and lagging indicators immerse, to at least aid us or warn us on whats gonna happen in the future, leading indis gives us early forcast while lagging indis gives us after event performances. while most of the times this indicators just gives us the courage to take the trade, i dont believe there are profesional traders who doesnt use any of this indis, they use at least 1 or 2.

youre on the right track, focus with the basic rules of the sonicr system (PA aka WAVE, S&R, trade on the most active times like LO&NY, and also at least go on trading live even on micro account for you to experience the psychological part of trading) while learning to trade and using the sonicr system, at least use the indis provided here anyway its free.

just my two cents.
F
  • #38,119
  • Jul 30, 2012 11:56am Jul 30, 2012 11:56am
Quoting alrightfrank
it is really hard to forcast the future, thats why leading and lagging indicators immerse, to at least aid us or warn us on whats gonna happen in the future, leading indis gives us early forcast while lagging indis gives us after event performances. while most of the times this indicators just gives us the courage to take the trade, i dont believe there are profesional traders who doesnt use any of this indis, they use at least 1 or 2.

youre on the right track, focus with the basic rules of the sonicr system (PA aka WAVE, S&R, trade on the most...
Frank, thank you for your post. Not only is it "...really hard to forcast the future...", it is impossible.

Any apparent success at it is just a "guess" based on past PA come luckily true. It is impossible because the minds behind the biggest and most influencial money that moves the market are too deceptive, and will not allow themselves to be repetitive enough for others to predict their moves. Especially when it counts!

So, the best we have are the "tell-tale" signs in the wake of their passage, these being the actual PA waves, relative to S&R and relative to the Dragon, the Dragon itself to pictorially demonstrate degree of "momentum" via angle, and the Trend as a sort of divider sign between the market bias being bull or bear. The few indicators here are simple enough, and are used in a way that does not put "strain" on their reliablility. Nevertheless, just because the minds of influencial money can suddenly throw a curve ball or pull off a good whipsaw, good money management is critical. No PA, and no technical or combination of technicals, can predict these kind of events. And, therefore, no trading system is worth a hoot without the exercise of good money managment being a critical part of it.
  • #38,120
  • Jul 30, 2012 1:02pm Jul 30, 2012 1:02pm
Hi TAH,

Is it possible to measure the slope of the Dragon in pips?

For example if we expect a long and price is above the dragon as usual with good wave setup. From the current 34 EMA high we take atleast 10 period of 34 EMA high and from the current high to back 9th position down we are measuring gap diff. If it more than 10 pips gap we can consider angle is good.

10 pips is an example. We can consider higher pips for good angle slope.

Regards,
GK.
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