Sonic R. System

Umbro why you buy it? I don't see any long set up ?

you are also nice too shooter

This system it seems that really work , huh .... 4 set up in the row (usdjpy)
:nerd:

I have noticed some trades are being taken off the five minute chart when they are not valid (yet) off the fifteen minute.
Since the Sonic method describes trading off the 15 minute chart, irrespective of whether it turns out to be profitable or not, are these trades valid on this forum?
If they are valid, would trading off charts of one minute (or even less) be equally acceptable?
As a novice trader, and someone new to this forum, I do not wish to come across as critical of more experienced and successful traders but I just find this a little confusing

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There is no place for ego in science. Welcome the most ruthless and sceptical scrutiny of all your most firmly held beliefs. This is how deep truths are winnowed from deep nonsense.

EU: TP1 reached and trade closed with 60 pips gain, EP1 to TP1. The SL was not quite reached, was not triggered.

Theoretically, the Sonic R. setup is valid on any TF. In practicality, there is quite a risk when not on the M15. On larger charts, you need a wider SL, which can be prohibitive to many traders. On smaller charts, the trade can be very quick and if you are not responsive you can end up dealing with an even more rapid reversal that causes you to end up losing money.

M5 setups can obviously be found sooner than M15 setups, and more frequently, too. And these can lead to big losses if you are too greedy and/or too slow. The best M5 setups occur when the London session has gotten underway, not outside of the London session. That is perhaps the best criteria to use if considering trading on the M5 chart, imho.

In the case of my recent EU M5 Sonic R. short setup trade, you will note that I had already on this thread spoken of the possibility that the market would swing prices one way or the other, or both ways, pursuant to the US Presidential election. The market swung prices both ways, which is understandable. The swings had nothing to do with anything but that big players in the market had the money to carry off the swings in order to make profit. So, it was logical (the market being a greedy beast) that swings in both directions might occur. And it was this hypothesis that prompted me to consider that taking the M5 short trade was of less risk than might normally be the case with an M5 Sonic R. setup. I preferred to wait for a shorting opportunity because overall the EU trend is down. By waiting to trade short, rather than long, I further reduced the risk of the M5 setup trade.

Overall, I am not an advocate of trading the M5 chart. Historically, M5 trades have predominately been my losers, but then many of them were outside the LS. The case for M5 trading is that shortly after a big move in one direction (on M15) we have to wait quite some time before the PA waves and the Dragon come into confluence to produce another Sonic R. setup, one way or the other. And sometimes the M5 chart gets us to that stage of confluence earlier. But, therein lays the danger, too. Lots of head faking can occur and a lot more time might actually be required before the next true move comes. By relying on the M5 chart you can easily be seduced into multiple Sonic R. setups before the real and true time comes for a valid move. And the result will be that you are repeatedly losing money on those M5 setup trades which go nowhere, and frequently rapidly reverse on you. Something more is needed to justify M5 trading, and unless you have it and are also very quick to respond to sudden PA reversals, M5 trading can result overall in less profitable trading than M15 trading.

Below is my recent M5 short trade on EU. Also attached is a pic. demonstrating waiting for the M15 setup. This points out that many times (more than you might think) waiting for a valid M15 setup is prudent and yields good results at less risk. That's the bottom line.

Shooter, you are right. I was expecting a reversal out of a range. Kind of agressive setup I take sometimes after the market did a big move up/down.
It's risky. The dragon was not in the correct setup. Infact, the market becomes flat and I exited the trade. I made a mistake.

EU:

Speculative, but seems the market is working the price back up during the low activity/volume time of the day when it is least expensive to do so. The market might more agressively do this in the next asian session too. But, it makes me think the market could be setting up the price for another selloff. Therefore, if a Sonic R. long setup occurs, being wary might be prudent, because short setups might continue to be the ones with the least risk.

Wow, that clarifies lots of confusion. I value you share your thoughts & experience greatly here TAH. Been learning & following this thread for a few months now, this helps me a lot to get a grip of the system. Thanks!

Hi all,

I'm new on this threat. I've been trading using X-Man's Super Simple System which is orientated on 4h TF and I would like to learn also this system. Can someone advice which are the latest indis and template I need to install and describe a little bit the method. There are thousands posts here and I don't know from where to begin.

Thank you in advance and if someone interested I can share my knowledge about above mentioned method.

Cheers,
Alex

Alex, similarly, I learnt (TMS &) X-Man's S3 prior to SonicR. Imho, they all compliment but somehow I think SonicR emphasizes more on the PA compare to the other two. As to your query, as suggested in this thread, try to start from pg 1 to 20's. That'll give you background & basic coverage of this system. Add that with the more recent posts to catch up with the evolution. That's how I did it. I'm still using the old template (sonicrv3) and slowly adapting to the most recent one by TAH (05-01-2012). These tpl's & indies you can find it @ 1st pg. Happy learning!

When we fail let's laugh at it...

GU: Entered short. Since before next LS, risk is interim PA will put price up higher again. SL is mental. TP1 is from likely area on Daily. Note the spike in price during the last US session. Might be a clue. Might be repeated.

AU : waiting a setup like that

EJ short:
EP 101.92
SL 102.21
TP 101.68

1. H4 & H1 bearish
2. LH & LL
3. All M15 indies support short

Uncertainty: TP stretched below DS2 (to fit RR min 1:1)

Kotlt, I fully agree. I'm hoping the market will pop it up one more time first though, because if it does and then PA comes down with a Sonic R. short setup forming, it will be exquisite confirmation of a really good, maybe multiple phase drop to come.

Can i know your TP if short setup perform, tah ?

And you mean that ?

If it starts dropping, my nearest TP has been 1.0276 area. But, if I were looking for something within the day range, it would be around 1.0369, and figuring it to go a bit lower but this would be conservative and less likely to miss the exit.

And, do I mean what? That I'd like to see it go back up before it starts a short setup? Yes, most definately. If the market thinks well of the profits to be made on a substantial run down, then it is more inclined to spike the price up again first, if it can get away with doing so (and when has it ever been not able to do so?). If the market is not greedy enough to do that, then it is not thinking much of any next run down. Just an idea. Of course, it might not get the price up really high if there are already lots of short orders sitting up above somewhere. If the market attempts a spike up to load up shorts, that is where it will go, and that may put the ceiling on the spike. I'd just rather see a spike than not, because this pair has been resistant to dropping. Compare a high TF chart of AU to one of EU and you will see what I mean. So, if this is to start going down, I'd like the market to show some "fanfare" sendoff.

UChf Comment:

Couple candles back looks like a spike down maneuver to build longs. If this heads up a long trade might be in the offering. Not the best PA wave, though. Personally, I have several older long trades I am looking to close, so I do hope it runs up today.

Hmmm looks like a euro long 15m set up ?

Little worried about sideways action though.. Probably going to get burned on this one.


Long EU 1.2767
SL 1.2739
TP manual - first one might be 1.2802

If the euro ever gets that far