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Sonic R. System

  • #41,621
  • Edited 1:36am Nov 30, 2012 1:34am | Edited 1:36am
Quoting umbro
I have a "formal" request for the thread. I don't know if I'm eligible for. Anyway here it is. Recently, I received some/several private messages from people stating they are loosing money with the method. Because of privacy I'll not tell about them. I know the method is build on strong fundamentals. They are learning. Some of them told me that sometimes they follow posts forecasting you can make 50 pips above or below before the momentum. They are not stupid. They are learning. I'd like to delete all the posts stating you can make an...
I`m lurking this thread for sometime. The best part of it - comparing my forecasts to others. I feel comfortable, when i`m matching good traders. I`m take more attention, if it looks like wrong side or my targets far away. There is no way to mimic good trader. Only pain and own analyse. I was profitable with demo and has blown two micro accounts. We can be polite and call it "learning", but it is totally shit. Just impatience, greed and stupidity. If you are trying to learn something via blindly following, there is bad news for you.
http://fc02.deviantart.net/fs37/f/20...op_tracing.jpg
Be coherent with your strategy
  • #41,622
  • Nov 30, 2012 1:37am Nov 30, 2012 1:37am
Dear TAH, i am glad to say that I read, and i experience myself live in the market for around 8 month now. and I got stick to the simple rules hard. The trade you had taken on AUDUSD happened before LO. and that is why i did not take the trade. It is good that you have a comment on the sonic R. System and i really believe that folks that just trade blindly following your post are just too dumb and they never care to spend blood and pain into learning this.

Umbro, a word for you... Just to make this clear. In forex trading, everyone is looking for a better living out of it. Just like the old saying, "there is no free lunch in the world". Learn it, apply it, grow from it... that is what i understand, regardless of any matter. The msg that u flame out maybe is not words from you, but its from the ppl around u i believe since ppl are private msging you for this case.

Just for your information... everything have their own learning curve. no one is perfect. no single system is the holy grail for this. Why not you reply those folks out there that this system is not for them and ask them look for one that suit their "lifestyle" so that they dont blame and complain for losing any money. For my case, I am earning hard money in my own country currency which is Ringgit Malaysia (RM). When we trade in forex, we trade in USD. The conversion for me to have my small little capital is PAIN in the A$$, which is around RM3.1 to 1USD. Please... my country have very low minimum wages and as an engineer myself. I earn less than 1300 USD per month. Keeping my day job and putting effort to learn Sonic is PAIN and at the same time fun. At the start, I lost 30% of my initial capital invested into forex by just "gambling" around, and i can say that i am lucky to discover this sytem and it suit my lifestyle well. Over many month time, I slowly generate back the LOSE and slowly into positive now.

I am losing money from time to time but please DO NOT COMPLAIN. Just LEARN and GROW
  • #41,623
  • Edited 1:54am Nov 30, 2012 1:42am | Edited 1:54am
Is this a valid Long setup? anyone eyeing on this one? or maybe this is the scariest whipsaw to take out trader like us?
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  • #41,624
  • Nov 30, 2012 1:49am Nov 30, 2012 1:49am
Quoting kuance
Dear TAH, i am glad to say that I read, and i experience myself live in the market for around 8 month now. and I got stick to the simple rules hard. The trade you had taken on AUDUSD happened before LO. and that is why i did not take the trade. It is good that you have a comment on the sonic R. System and i really believe that folks that just trade blindly following your post are just too dumb and they never care to spend blood and pain into learning this.

Umbro, a word for you... Just to make this clear. In forex trading, everyone is looking...
Kuance, I believe your post will turn out to be the most valuable contribution this week, maybe this month. I sense that you write from a heart that is genuine with a spirit that is both humble and dedicated. These are excellent qualities and I look forward to more posts from you. Thank you for taking the time to let us know a little bit about you.

-tah
  • #41,625
  • Nov 30, 2012 1:50am Nov 30, 2012 1:50am
Kuance, I spent more than 10 years in the market overall. I've been to Kuala Lumpur last Summer and then Thailand. I know. That's why I'm pressing. I met people who live with less than 100 bucks per month. They are trying to change their life. It's for sure they cannot do with the Sonic system but when I receive emails about them loosing their poor savings and someone eating the cake...this world is enaqual...It's have been like this from the beginning but trading is the same for everyone...you take your trades and the market does'nt make any difference. That's GREAT! Thanks for your post.


Quoting kuance
Dear TAH, i am glad to say that I read, and i experience myself live in the market for around 8 month now. and I got stick to the simple rules hard. The trade you had taken on AUDUSD happened before LO. and that is why i did not take the trade. It is good that you have a comment on the sonic R. System and i really believe that folks that just trade blindly following your post are just too dumb and they never care to spend blood and pain into learning this.

Umbro, a word for you... Just to make this clear. In forex trading, everyone is looking for...
  • #41,626
  • Nov 30, 2012 1:53am Nov 30, 2012 1:53am
Quoting Conorado
Audusd pending short order
ep: 1.0415
tp: 1.0388
sl: 1.0434

Attachment
AU SHORT ORDER NOT HIT
AU LONG
EP: 1.0435
TP: 1.0465
SL: 1.0415 (SL is @pending short order)

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  • #41,627
  • Nov 30, 2012 2:01am Nov 30, 2012 2:01am
Quoting kuance
Is this a valid Long setup? anyone eyeing on this one? or maybe this is the scariest whipsaw to take out trader like us?
It sure looks like a whipsaw/SL hunt/effort to trigger "wrong side longs", .....all so liquidity is produced and the market can get more of it's short orders filled. Lots of times it might be helpful to drop to M1 VSA to see what is really going on. Pump and Dump, and in this case maybe massive accumulation of shorts.
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  • #41,628
  • Nov 30, 2012 2:11am Nov 30, 2012 2:11am
Kuance, you're very good at english despite you're from Malaisya. Take it as a compliment. Kinda a bad setup in my mind...


Quoting traderathome
It sure looks like a whipsaw/SL hunt/effort to trigger "wrong side longs", .....all so liquidity is produced and the market can get more of it's short orders filled. Lots of times it might be helpful to drop to M1 VSA to see what is really going on. Pump and Dump, and in this case maybe massive accumulation of shorts.
  • #41,629
  • Edited 2:28am Nov 30, 2012 2:14am | Edited 2:28am
Quoting umbro
Kuance, I spent more than 10 years in the market overall. I've been to Kuala Lumpur last Summer and then Thailand. I know. That's why I'm pressing. I met people who live with less than 100 bucks per month. They are trying to change their life. It's for sure they cannot do with the Sonic system but when I receive emails about them loosing their poor savings and someone eating the cake...this world is enaqual...It's have been like this from the beginning but trading is the same for everyone...you take your trades and the market does'nt make any difference....
Umbro, your concern for others is commendable and touching. And you and I are kinsmen in the sense that we anquish over the inequalities in this world. Inequalities created and aggravated due to the exploitation by those that can, of those that have little or no defense against it. Master Sonicdeejay leads us in this spirit. It is the spirit with which he started the Sonic R. System thread, .....sharing out of caring in a way that he could. I love this spirit. It is why I labor so on this thread. Unfortunately, I am a learner, no better than anyone else here. Moreover, I have proven to myself time and again that I cannot consistently follow simple rules and recommendations. Well, let us say that I have not consistently followed them. I am imperfect, as are we all, but each in our own ways. And in that, we each have our own obstacles to fully implementing the Sonic R. System in the manner the Master has presented it to us. I wish, I pray, the best outcome possible for all, including myself, in this quest.

-traderathome
  • #41,630
  • Nov 30, 2012 2:23am Nov 30, 2012 2:23am
I don't know what to say. I'm waiting for the momentum. I already told you my concerns. It's up to you. If not, we're going discuss ...and this thread'll go to the end because there'll be no space for the new comers who need help. We (the old guys) will post the trades and there'll not be no renewal. It's not a good scenario.




Quoting traderathome
Umbro, your concern for others is commendable. And you and I are kinsmen in the sense that we anquish over the inequalities in this world. Inequalities created and aggravated due to the exploitation by those that can, of those that have little or no defense against it. Master Sonicdeejay leads us in this spirit. It is the spirit with which he started the Sonic R. System thread, .....sharing out of caring in a way that he could. I love this spirit. It is why I labor so on this thread. Unfortunately, I am a learner, no better than anyone else here....
  • #41,631
  • Nov 30, 2012 2:24am Nov 30, 2012 2:24am
Quoting umbro
Kuance, you're very good at english despite you're from Malaisya. Take it as a compliment. Kinda a bad setup in my mind...
I'm Chinese and i hope no one is racist here. I speak mandarin as my main... Thanks for the compliment and better its not a sarcastic mean. XD

TAH, yes... ever seen i discover Sonic R system. I fall in love to the spirit that how SonicDeejay make things up. And i believe that we all should have the same spirit in mind to drive this system and live our life we dream of.
  • #41,632
  • Nov 30, 2012 2:33am Nov 30, 2012 2:33am
AU and NU:

NU is heading down now. Possibly AU will follow suit. Took advantage of AU spike to do Scout entry. Will post later.

Edit: Added pics./updates of both trades.
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  • #41,633
  • Nov 30, 2012 2:50am Nov 30, 2012 2:50am
AU may have short setup if previous low is broken.
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Keep Simple...!
  • #41,634
  • Nov 30, 2012 2:59am Nov 30, 2012 2:59am
Quoting kotlt
AU may have short setup if previous low is broken.
Yes, and with still some nice pips down to RDL. The question is, will the US open see yet another short accumulation drive like the London market put on? The SLs on existing trades, or any new trades might not be "out of the woods" until much later. And if a picture is worth a thousand words, here is one.
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  • #41,635
  • Nov 30, 2012 3:38am Nov 30, 2012 3:38am
Quoting traderathome
Yes, and with still some nice pips down to RDL. The question is, will the US open see yet another short accumulation drive like the London market put on? The SLs on existing trades, or any new trades might not be "out of the woods" until much later. And if a picture is worth a thousand words, here is one.
Just out of my curiosity... is "double" whipsaw/ SL hunt possible? or is there any name for it for that case? What i mean for double is that, when you get SL hit for the first time, then you turn another way and dragon appear, u hop in, then WHACKK.. another whipsaw attack.

previously i am trading in a very tight range as i dont foresee as far as all my respect senior here does, so i never realize anything as that...anyone care to lighten me?
  • #41,636
  • Nov 30, 2012 3:38am Nov 30, 2012 3:38am
Hello Sonicers,
i'm a follower of this thread, not as much as i wish, but that's life!
after reading last posts, i want to say something. To some, it will make no difference, but i hope it can be helpfull to others, and it helps someone, (one is enough) i would be satisfied.
it's trully important to have 3 things on trading.

1 - a system.
a good system like sonicr is very important to make money. can you make money with it? yes, you can! will you make money with this system by itself? no, you will not. you will fail. you need something more. the system can tell where to enter, where to cut losses, where to take profits, but will not work alone.
a good system is only part of the strategy.
bottom line on system. SONICR IS A GOOD SYSTEM. so you are a third of the way... i'm using it, among other's, filters and so on.

2 - money management.
i will be a little exaust on this cause nobody seems to care...
without a very good money management you are just asking to be sucked up by the market. you will blow your account until you learn, some will never learn.
i'm reading this thread, i saw sometimes people mention it, but never expose their money management. it's important to have clear how much can you loose on a single trade. the rest is math.
basically mine is (Total in Acount x % Risking), this will give me how much i will loose on that bad trade.
example: (1000USD x 3%) means i'm willing to loose 3% of my money on bad trade, which is 30USD.
now divide your risk value by the range EP-SL. this is the number of pips betweem entry point and your stop loss.
example: (EP=1.2040, SL=1.2030, this 10 pips distance.
Risk/Pipsrange = 30/10 = 3.
This is the lot size of your entry.
so, the place of SL will determine the your lot size, and lot size will vary according pipsrange, to potencialize your profits, while % of lost keeps the same.
if someone which more in depth about this, please send me a PM.
now, you have a system and money management. is it possible to make money? yes it is! will you do it? no you LOOSE!
a system and money management is not enough.

3 - a strategy.
without it, you are done. Discipline. Create rule, and stick to them.

after that, you are to sky rocket!

Have nice weekend.

and, oh TAH i did enter long on AUDUSD few moments ago... lets see what market will decide.

Talaia
FXBlog h**p://talaiatradingsystem(dot)blogspot(dot)pt
  • #41,637
  • Nov 30, 2012 3:48am Nov 30, 2012 3:48am
Eu short
ep : 1.3009
tp : 1.2958
sl : 1.3029

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  • #41,638
  • Nov 30, 2012 3:51am Nov 30, 2012 3:51am
Quoting Conorado
AU SHORT ORDER NOT HIT
AU LONG
EP: 1.0435
TP: 1.0465
SL: 1.0415 (SL is @pending short order)

Attachment
Attachment
SL hit -20pips

AU SHORT ORDER TRIGGERED
  • #41,639
  • Nov 30, 2012 3:53am Nov 30, 2012 3:53am
Quoting Conorado
GU Long order triggered
SL HIT -16pips

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  • #41,640
  • Nov 30, 2012 3:58am Nov 30, 2012 3:58am
Dear talaia, great saying... but in your word, i would like to add up and elaborate a bit base on my experience:

1 - a system.
Yes, a system like Sonic R... or any price action is good to go. COMMITMENT is what we need here. But as i mentioned earlier, a system is more like a "style" that need to suit our lifestyle. Some see scalping in 5 min is a "real man business", but some see that as gamble. Some trade ONLY in daily/4h chart, where they just set and forget everything for probably a few days average. And some just like us... we have the time and we "love" to watch for the wave/leg and dragon.

2 - money management.
2% risk management or 3% risk management this is all also very flexible to different personal. From what I have studied from FF, i've read quite some post from the James16 thread, and the way they manage their trade is not by %. But by winning rate. Someone might think this is crazy. But why no? Some live a life in forex for decade by sticking to 1:1 SL TP rules. some stick to the % rules as u mentioned. Some will just stick to the rules of "mental" SL, and put trade with a RISK they are able to lose.

3 - a strategy.
Totally agreed with strategy, DISCIPLINE is HEART of everything. Over confident or over trade will just make things become counter productive.
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