Sonic R. System

please..., explain the trade they did for us!

I did mentioned that I was with TAH on GU..

Sonic

GU:

Seems this was Sonic's trade. You could have done this on your own chart.

UJ:

Now it is a "Real Desperation" Pump & Dump by the MMs. They paid to take it up just above the half number. Maybe they saw some pending long orders up there to help them get rid of their own longs.

UJ: Entered short, Scout. Price Action is too volatile for a SL just now.

tks ! tah

Classic Sonic R. System Trade of GU By the Master!

Congratulations, Master Sonicdeejay! Gee, and only one trade, not six! And without opposite positions concurrently open, too!

Sonicers, I hope you all pay real good attention to the conditions that were satisfied when this trade was entered. This should answer all your questions about the Sonic R. System. If I were you, I'd post this chart in clear view while trading. Better yet, have it tatoo'd on your forehead so you can see it every day when you wake up! And please notice there are no bollinger bands, CCIs, QQEs, RSIs, Stochastics, kitchen sinks, or any other "lagging garbage indicators" (as Basber refers to them). No, and pivots were not needed to "assist" either. The Sonic R. System is truly elegant simplicity that works!

Great trade opportunities don't happen every day, for sure. But the Sonic R. System spots them when they do. And this one happened to be well commented on in advance:
http://www.forexfactory.com/showthre...09#post6489209

Personally, I don't think there is a better trading thread on Forex Factory and I don't think there is a better person to have as a mentor and encourager than Sonicdeejay.

Thank you Sonicdeejay for this thread and your ongoing participation,
-traderathome

GU, and What Is Happening Now?

Often, when the Dragon crosses up the Trend Line on the H1 chart, there will follow a pullback in price. This is caused by the Market Manipulators working the price back down so they can load up additional longs. It is a "liquidity creation" move, during which the MMs hit pending stops on longs and pending short orders. This adds liquidity to the market and enables the MMs to get their additional long orders filled, and at attractively reduced prices! The reason the MMs do this is because they know they are going to push the price higher, later.

At this time, the Dragon has crossed up thru the Trend Line. And yes, the price is being worked back down,.....to below the lower whole number. This where MMs like to build long and that is where they can often find pending short orders to trigger so they can get additional liquidty for filling their long orders!

Now, some will say this chart is starting to look bearish. Well, bullish MMs frequently do put on bearish price moves, and for the reasons just stated. So, we will see how this works out. Yes, things are never guaranteed, and at any time things can change significantly. However, there was significant activity previously at the lows (buy low, sell high), and also significant activity starting today when the Frankfurt Open first dropped the price and then everyone went on a buying spree. Don't believe for a minute that the later USD releases threw all these MMs for a loop, and that they suddenly switched from bulls to bears! It could happen, but it is highly unlikely. Besides, even when "news" does rarely take them by surprise and make them change their minds, they almost always complete their plan (though some days might be required); making profits on their positions before doing an "about face."

I wonder when the next setup will be, and for which direction.

-tah

EU Comment:

Yes, now the US MMs have also "Dived for Dollars!"

USDCHF: Entered short. Late day trade. Just relaxing. No SL nor TP. Will see where it goes.

Hellow everyone..I have a question

Does that template marks the wave? or we have to be able to identify it?

Is that take profit level automatic?

You learn to "read" PA waves, S&R, and the interaction. TPs are set by you based on historic S&R. This is a "hands on" system.

Hi, I have a Q, Sometimes I can´t use PC (screen) to view the charts and I have to rely on iphone, i have most of the indys, but don´t know what shall i replace for QQE (RSI 14, 17 or ?) or CCI apply to (H, L, HLC/3, HL/2, ...?) and also NVO or VSA !
anybody can help ?
thanx

Ebabra

Re-read post #1 more carefully. You are referring to outdated stuff. Follow link to TAH....

GU Comment:

Trend is angled up. Dragon is angled up and above Trend. PA is above both. This is very bullish and it is on both M15 and H1 charts. Both GBP and USD have high impact releases coming out today. They might have some effect on pricing, but if they do it may be only temporarily, meaning maybe the MMs will use both events to their advantage.

And what might "their advantage" mean? Look at the GU Weekly chart. This has been hammered incredibly low in very few TFs. This is the kind of PA that frequently results in very nice retraces and full blown reversals. GU has already rebounded well over 100 pips from the bottom, and on a very good volume pattern to go with that PA, suggesting acute bullishness has set in and that the MMs are taking every opportunity to "re-drop" prices in order to gather in more low priced longs.

The price action today will be whatever the market decides, which is to say that the MMs will manipulate prices how ever they please in order to further their profits. My take is their profits are based on building long and that GU is slated for a lot more upside off this incredibly low bottom it was recently, and quickly manipulated to.

As always, trade what you see and manage it according to what you see. Let the Dragon and PA show the way. Don't let a bias ruin your day.

-tah

Hello all!
I am one of those who have been silently watching this thread, reading it trough and learning to trade the Sonic way.

It has been very exciting trip to learn to read the markets. All thanks goes to wonderful people here at Sonic thread, especially tah and master Sonicdeejay. Because of you guys, I'm starting to have faith that some day I will make some profit with forex.

I have been trading only from last september and learning every day.

Now I'm at point that I have that much self-esteem with Sonic R System that I start posting to this thread.

Here are my first Sonic R entries spottet, posted.

Please tell me what do you think of them? Are the waves right?

Here I have put the SL EP and TP1 on the chart.

Here is why I choosed this bearish PA wave. For me it seems that price is going to bounce from dragon at 4hour chart.

Hey J,

why dont you stick with the trend? Both trades were counter trend. I would recommend taking trades only into a trend direction as indicated by the 89EMA.. Just my 5 cents.

Hi everybody,

I'm learning this trading system. And I wanted to ask am I right.

Is that true formation for sell?

Thx