Sonic R. System | Page 1915 | 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

  • #38,281
  • Aug 2, 2012 7:38pm Aug 2, 2012 7:38pm
Quoting traderathome
It is easy for anyone to see via the text here, the transition away from the Sonic R. System!

If someone purports to be trading the Sonic R. System, then they always use the Dragon and they never go short when PA is above the Dragon, and they never go long when PA is below the Dragon!

The Sonic R. System uses PA waves and S&R and the Dragon. It is not just a wave pattern trading system like the Turtles used.

Sonicers, each of you decides what trading system fits you best. The Sonic R. System is just...
In Life to see farther we must climb higher.
The same in Trading for a Living, we need to climb higher.
Attached Image
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #38,282
  • Aug 2, 2012 7:38pm Aug 2, 2012 7:38pm
Quoting traderathome
EJ: Entered long per picture.
I'm lost on what you saw when you made your entry on this one.

With your three legs showing mostly under the dragon what did you exactly see for your EP here?

I totally understand the kind of entry you made here.

I would of saw the EJ like this (copied from original attachment) "purple leg is what I saw" Unless I saw correctly in a different way?
Attached Image
  • #38,283
  • Aug 2, 2012 8:05pm Aug 2, 2012 8:05pm
Quoting J-Sharpie
I'm lost on what you saw when you made your entry on this one.

With your three legs showing mostly under the dragon what did you exactly see for your EP here?

I totally understand the kind of entry you made here.

I would of saw the EJ like this (copied from original attachment) "purple leg is what I saw" Unless I saw correctly in a different way?
Hi J-Sharpie,

what I see is L>H>HL>HH>HL ...bang!

try zoom out, also look at H1 and H4.

also look at key support and resistance levels/zones.

regdards,
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #38,284
  • Aug 2, 2012 10:33pm Aug 2, 2012 10:33pm
Quoting J-Sharpie
I'm lost on what you saw when you made your entry on this one. With your three legs showing mostly under the dragon what did you exactly see for your EP here? I totally understand the kind of entry you made here. I would of saw the EJ like this (copied from original attachment) "purple leg is what I saw" Unless I saw correctly in a different way?
Well, Sharpie, I must apologize for that one. You know, until you pointed it out I never realized what I did. Essentially my mind just ignored the six candles following the first low. It is like I never saw them! Now that I look at them, it would take an effort to ignore them. The dn-up-dn PA of those ignored candles was position building. I guess my mind's eye discounted their validity as anything more important than if they had all remained at the lows, and skipped right over them. I truely apologize for this one. And thank you for pointing that out to me.

You are on your toes. No one else caught that.
  • #38,285
  • Aug 2, 2012 10:41pm Aug 2, 2012 10:41pm
Quoting emmanuel7788
In Life to see farther we must climb higher.
The same in Trading for a Living, we need to climb higher.
Nice sentiment, emmanuel7788. But the way you are using it implies you have decided that your transition away from the Sonic R. System to less restricted wave trading is going to be an improvement for you. Whatever way you go, I do wish you well.

-tah
  • #38,286
  • Aug 2, 2012 10:59pm Aug 2, 2012 10:59pm
AU: Long entry per attached. Good PA wave, up angle on Dragon. The other side of the fence is this entry is before LS and late in the setup. Also, the trade is counter to the local trend. The SL might need to be tightened. Still thinking on that.
Attached Image (click to enlarge)
Click to Enlarge Name: aug 2012 - 013.gif Size: 31 KB
  • #38,287
  • Aug 2, 2012 11:19pm Aug 2, 2012 11:19pm
Quoting traderathome
AU: Long entry per attached. Good PA wave, up angle on Dragon. The other side of the fence is this entry is before LS and late in the setup. Also, the trade is counter to the local trend. The SL might need to be tightened. Still thinking on that.
Thanks for the clarification on my previous question.

Now for this one, I'm once again lost on what you saw to enter there. Sure in my analysis I probably would have too, but only slightly higher. I'd like to know how you saw your three legs.

Purple line is what I saw.
Attached Image
  • #38,288
  • Aug 2, 2012 11:30pm Aug 2, 2012 11:30pm
Quoting J-Sharpie
Thanks for the clarification on my previous question. Now for this one, I'm once again lost on what you saw to enter there. Sure in my analysis I probably would have too, but only slightly higher. I'd like to know how you saw your three legs. Purple line is what I saw.
Sometimes there are waves within waves, some waves up, then some down, then some up. As in this case. And overall they added up to L-H-HL followed by a breakout above the Dragon. By not using an indicator to draw PA waves things can be more clear.
  • #38,289
  • Edited 12:44am Aug 3, 2012 12:18am | Edited 12:44am
Hi traderathome or anyone,
can you please share the blueish sonic or how to create it, I like it because it looks cool and pleasing to look at. I really appreciate it.

thanks,
4x4x

Quoting traderathome
AU: Long entry per attached. Good PA wave, up angle on Dragon. The other side of the fence is this entry is before LS and late in the setup. Also, the trade is counter to the local trend. The SL might need to be tightened. Still thinking on that.
  • #38,290
  • Aug 3, 2012 12:47am Aug 3, 2012 12:47am
Quoting forexforex
Hi traderathome or anyone,
can you please share the blueish sonic or how to create it, I like it because it looks cool and pleasing to look at. I really appreciate it.

thanks,
4x4x
Page1, post1, link to TAH indy/tmpls.
  • #38,291
  • Edited 1:56am Aug 3, 2012 1:14am | Edited 1:56am
Quoting emmanuel7788
Does anyone have any more information about this thing call Liquidity Creation Drives in spot forex trading?.... any research paper, reports , and /or book written on this subject. I find it very hard to understand this and to believe this here in this FF thread all written behind anonymity and without any credentials of qualifications and expertise on such subject matter. regards,
emmanuel7788,

Think about how orders are executed. Let us say you think the price is going lower later, and so you'd like to build a short position so you can make profits if the price does go down later. Now, in order for you to have your short order executed, there has to be someone else willing to have a same sized long order executed. For every sell there has to be an equal buy. For every buy, there has to be an equal sell. There always has to be a balance.

Now let's say you are a large trading firm, and wish to build a very large short position. And you have trading platforms showing market depth. In other words, you can see at each price level going up (the direction you want price to move if you are accumulating shorts) exactly how much volume of longs is waitng to be executed should the price get there. And the only thing keeping the price from getting there is that no one is willing to take the sell side of all the imbalance to the buy side long orders at each level on up. Once everything is balanced at a level, the next level can be hit.

Except you are! Yes you are. You want shorts. And you want them at higher prices (buy low, sell high). And here you have a list of those wanting longs at each level higher! What do you do? It's simple, you quickly take the sell side of all the imbalance to those buy side pending orders, as far up as you are willing to spend your money to go! And as the price goes up, SLs on the shorts of others can be hit. This forces more buying to close those shorts. What does that mean to you? It means there is more liquidity for you to sell into, more of your short order gets executed at each level, comensurate with the amount behind each SL you hit!

Got it now? No? Well look at it this way. As a large trading concern that is selling into the imbalance of pending buy orders at level after level until you get your short position built, you are driving the price up. On the chart, it looks like buyers have taken over. But that is not true. You have taken over! And you are a seller! And as soon as you stop selling into the pending buy orders, quess what happens to the price. Yep. It goes right back down where it started from! And now you have your short position built, and already with some profits. And you just forced longs into the market and they already have losses. And you just hit SLs, forcing others out of their shorts, while you added shorts!

Got it now? Yes, I think you do.

Personally, I have looked far and wide for related details on the order processing procedures for professional trading concerns. Nothing! It is as though this information, while not top secret, is simply not talked about. Maybe it is out there somewhere. I haven't found it. But anyone of average intelligence or higher can reason it out close enough.

Hope This Helps You,
-tah
  • #38,292
  • Aug 3, 2012 1:17am Aug 3, 2012 1:17am
thank you!

Quoting traderathome
Page1, post1, link to TAH indy/tmpls.
  • #38,293
  • Aug 3, 2012 2:14am Aug 3, 2012 2:14am
Quoting traderathome
emmanuel7788,

Think about how orders are executed. Let us say you think the price is going lower later, and so you'd like to build a short position so you can make profits if the price does go down later. Now, in order for you to have your short order executed, there has to be someone else willing to have a same sized long order executed. For every sell there has to be an equal buy. For every buy, there has to be an equal sell. There always has to be a balance.

Now let's say you are a large trading firm, and wish to build a very large short...
I took a class on the back end controls for the MT4 platform and it does have the capability to allow for the complete monitoring of traders and positions so the the brokers can identify and trade accordingly against each traders method of trading. Great take on the market.
  • #38,294
  • Edited 2:36am Aug 3, 2012 2:22am | Edited 2:36am
Quoting worldfreedom
I took a class on the back end controls for the MT4 platform and it does have the capability to allow for the complete monitoring of traders and positions so the the brokers can identify and trade accordingly against each traders method of trading. Great take on the market.
Thank you, worldfreedom. Thank you very much, because I have received a lot of flack for talking about this in recent years.

Send your remarks over to Domas4 for me, please. He is an otherwise good guy, but denies all this and left in a huff because I would not recant and be silent. (Actually, the last I heard I think he was working for a bank. So maybe there is a conflict of interests. I don't know.)

-tah
  • #38,295
  • Aug 3, 2012 3:07am Aug 3, 2012 3:07am
Quoting traderathome
AU: Long entry per attached. Good PA wave, up angle on Dragon. The other side of the fence is this entry is before LS and late in the setup. Also, the trade is counter to the local trend. The SL might need to be tightened. Still thinking on that.
AU: Manually closed at 1.0510 for 34 pips gain EP1 to close. I'm tired. Need sleep. I'm satisfied here. This makes seven trades for the week, one lost, six gained, for a total of 293 pips. All are posted. I think I'm finished for the week.
Attached Image (click to enlarge)
Click to Enlarge Name: aug 2012 - 014.gif Size: 31 KB
  • #38,296
  • Aug 3, 2012 3:52am Aug 3, 2012 3:52am
Quoting traderathome
I'm tired. Need sleep.
yea.. you need sleep , eat bananas before it . Sleep Well.
  • #38,297
  • Aug 3, 2012 6:27am Aug 3, 2012 6:27am
Quoting jasakreatif
yea.. you need sleep , eat bananas before it . Sleep Well.
Hey jasakreatif, are you trading Banana Futures by any chance? You seem to push them at every opportunity!

Hehehe

Inserted Video
  • #38,298
  • Aug 3, 2012 6:45am Aug 3, 2012 6:45am
GU:

Wondering if a long entry with this pullback might work out. Need to wait for the USD releases to start hitting,....see what happens. Maybe even a drive down to/below half number. Just have to wait and see.
Attached Image (click to enlarge)
Click to Enlarge Name: aug 2012 - 015.gif Size: 31 KB
  • #38,299
  • Aug 3, 2012 6:50am Aug 3, 2012 6:50am
Quoting traderathome
GU:

Wondering if a long entry with this pullback might work out. Need to wait for the USD releases to start hitting,....see what happens.
Good morning TAH

I have noticed that your chart is even more "bare bones" than before. Will this be the new chart "look" looming in our futures? The candles look very Raghee Horner-like.
  • #38,300
  • Aug 3, 2012 6:57am Aug 3, 2012 6:57am
Quoting ArtfulDodger
Good morning TAH

I have noticed that your chart is even more "bare bones" than before. Will this be the new chart "look" looming in our futures? The candles look very Raghee Horner-like.
GM, ArtfulDodger.

They are bar candles of the Heiken-Ashi formula, but with a personal modification so that price gaps show up. No gaps revealed has always been a drawback to HA candles. Bar candles helps to accentuate the PA waves and PA tops and bottoms.

It is an experiment. But, yes. I thought the next release might be more on the lines of extreme simplicity and that accentuate PA waves, because they are at the foundation of the Sonic R. System, as well as of support and resistance. Any change that helps accentuate waves and S&R has got to be a good thing.

The less a person has to look at, the more they can see......
29 traders viewing now