Sonic R. System | Page 2065 | 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

  • #41,281
  • Nov 20, 2012 9:43pm Nov 20, 2012 9:43pm
EJ & Market Comment:

Bingo!
Attached Image(s) (click to enlarge)
Click to Enlarge Name: nov 2012 - 130.gif Size: 38 KB
Click to Enlarge Name: nov 2012 - 131.gif Size: 37 KB
Click to Enlarge Name: nov 2012 - 132.gif Size: 38 KB
Click to Enlarge Name: nov 2012 - 133.gif Size: 36 KB
  • #41,282
  • Nov 20, 2012 9:44pm Nov 20, 2012 9:44pm
Quoting traderathome
EJ & Market Comment:

Bingo!
same stuff on the single currency.
  • #41,283
  • Nov 20, 2012 9:46pm Nov 20, 2012 9:46pm
I would say "amazing" post ... Thanks


Quoting traderathome
"... Amazingly, in the weeks that followed the peak, Adoboli's martingale system did almost come good...."

I love this statement. Particularly, I love the use of the word "Amazingly" to taint the trading method as something that if it ever worked, it would have to be at the amazement of everyone. Not so. Anyone who has traded for years in the forex market fully understands the roller coaster action of prices. They go up, and they go down. Even the "catastrophic" effects on pricing, such as the market reaction to a tsunami in Japan is but...
  • #41,284
  • Nov 20, 2012 9:47pm Nov 20, 2012 9:47pm
Great, TAH , EJ and EU has drop more appro. 40pips .
Keep Simple...!
  • #41,285
  • Nov 20, 2012 9:57pm Nov 20, 2012 9:57pm
!Market Flash!

Sonicers, check your volumes! You will (M30) find that volume is higher than any asian session activity in over a week! It is even vying to be equal to or greater than LS volumes!!!!!!!!!!

This is on AU, EJ, EU, GU, UCad, (and maybe on more)....so this is a Big Deal, especially since it is still early in the asian session!
  • #41,286
  • Nov 20, 2012 10:04pm Nov 20, 2012 10:04pm
Bingo Bango.
  • #41,287
  • Nov 20, 2012 10:07pm Nov 20, 2012 10:07pm
Euro just dived.. triggering my tp.
good..

sonic
  • #41,288
  • Edited 10:23pm Nov 20, 2012 10:09pm | Edited 10:23pm
Quoting sonicdeejay
Euro just dived.. triggering my tp.
good..

sonic
No pic., no post!

(Ops! He's the "Boss").
  • #41,289
  • Nov 20, 2012 10:20pm Nov 20, 2012 10:20pm
Quoting traderathome
EU: Entered short. Early entry because I did wait for this candle to complete and then pick an entry level at least a few pips lower. And because I did not wait and the Dragon is flat, PA could cycle back up again with LO or with the EUR high impact release coming later. SL mental. TP tentative.
EU: Manually closed trade at TP2 for 48 pips gain, EP1 to TP2.
Attached Image (click to enlarge)
Click to Enlarge Name: nov 2012 - 134.gif Size: 35 KB
  • #41,290
  • Nov 20, 2012 10:38pm Nov 20, 2012 10:38pm
Quoting traderathome
!Market Flash!

Sonicers, check your volumes! You will (M30) find that volume is higher than any asian session activity in over a week! It is even vying to be equal to or greater than LS volumes!!!!!!!!!!

This is on AU, EJ, EU, GU, UCad, (and maybe on more)....so this is a Big Deal, especially since it is still early in the asian session!
Looking for UJ & EJ to find a top and then give us some good SonicR setups on the way down
Some people say I'm lucky, but the more I practice the luckier I get
  • #41,291
  • Nov 20, 2012 10:48pm Nov 20, 2012 10:48pm
UJ: Entered short on M5.
Attached Image (click to enlarge)
Click to Enlarge Name: nov 2012 - 135.gif Size: 33 KB
  • #41,292
  • Nov 20, 2012 10:59pm Nov 20, 2012 10:59pm
GU : is it a valid short setup?
Attached Image (click to enlarge)
Click to Enlarge Name: gu.gif Size: 48 KB
Keep Simple...!
  • #41,293
  • Nov 20, 2012 11:07pm Nov 20, 2012 11:07pm
Quoting kotlt
GU : is it a valid short setup?
GU:

Yes, it is. It would be better if the PA wave did not encompass so many TFs. This run down might turn out to be leg #1 of a new PA wave. What is needed is a retrace (leg #2) and then resumption of the move down (leg #3). My pic. gives an idea. A retrace might not go so high.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: gu.gif Size: 48 KB
Click to Enlarge Name: nov 2012 - 136.gif Size: 37 KB
  • #41,294
  • Nov 20, 2012 11:10pm Nov 20, 2012 11:10pm
Quoting traderathome
GU:

Yes, it is. It would be better if the PA wave did not encompass so many TFs. This run down might turn out to be leg #1 of a new PA wave. What is needed is a retrace (leg #2) and then resumption of the move down (leg #3). My pic. gives an idea. The retrace might not go so high as I have depicted.
Thank you, i will wait for retractment and enter short.
Your GU TP is RDL ?
Keep Simple...!
  • #41,295
  • Nov 20, 2012 11:17pm Nov 20, 2012 11:17pm
Quoting kotlt
Thank you, i will wait for retractment and enter short.
Your GU TP is RDL ?
RDL (about 1.5858) is reasonable as it aligns well with center of previous PA oscillations. However, I'd consider anything between 1.5863 and RDL as reasonable. And by setting the TP a bit higher than RDL you have more likelyhood of it being hit.
Attached Image (click to enlarge)
Click to Enlarge Name: nov 2012 - 137.gif Size: 45 KB
  • #41,296
  • Nov 20, 2012 11:41pm Nov 20, 2012 11:41pm
UCad Comment

Daily shows this is in an upwards trending channel. RWH is only about 88 pips above. It is a reasonable target for today/tomorrow as the day range is about 53 pips. Looking at M15, after the early asian run up, a retrace might occur and this would be a time to look for a Sonic R. long setup and entry. Both the LO traders and the US Open traders might attempt to pull the price back down. But eventually there should be a Sonic R. long setup to take advantage of. And RDH would be only a very conservative TP. My bet would be on RWH. Maybe not today, but eventually.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: nov 2012 - 138.gif Size: 26 KB
Click to Enlarge Name: nov 2012 - 139.gif Size: 33 KB
  • #41,297
  • Nov 21, 2012 12:56am Nov 21, 2012 12:56am
GJ Short pre London Open. They could push this up to gain a better price at LO.
Attached Image (click to enlarge)
Click to Enlarge Name: 11-20-2012 GJ short.jpg Size: 234 KB
  • #41,298
  • Nov 21, 2012 1:08am Nov 21, 2012 1:08am
Quoting traderathome
UCad Comment

Daily shows this is in an upwards trending channel. RWH is only about 88 pips above. It is a reasonable target for today/tomorrow as the day range is about 53 pips. Looking at M15, after the early asian run up, a retrace might occur and this would be a time to look for a Sonic R. long setup and entry. Both the LO traders and the US Open traders might attempt to pull the price back down. But eventually there should be a Sonic R. long setup to take advantage of. And RDH would be only a very conservative TP. My...
Hi Tah,

I do not trade UCAD ( high spread ), but at this time U/Cad remind me about AU pattern before .



This is just FOR FUN, nothing to say here, pls.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: au.gif Size: 46 KB
Click to Enlarge Name: ca.gif Size: 45 KB
Keep Simple...!
  • #41,299
  • Nov 21, 2012 1:26am Nov 21, 2012 1:26am
Hi guys... i'm new to this thread and still new to forex, found this thread really interesting and start learning from everyone here . but i have a few questions i wanna ask...

1) What is RDH & RDL for...?
2) what is a valid dragon break through?

is below a valid dragon break through? as i read through the guide, the leg#3 of the wave is already far below the dragon... please advise.. thanks.

EU chart
Attached Image
  • #41,300
  • Nov 21, 2012 1:28am Nov 21, 2012 1:28am
Test SonicR setup in Gold

SHORT GOLD
Attached Image (click to enlarge)
Click to Enlarge Name: gold.gif Size: 47 KB
Keep Simple...!
97 traders viewing now