Sonic R. System | Page 2248 | 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

  • #44,941
  • Mar 18, 2013 3:20am Mar 18, 2013 3:20am
Quoting traderathome
Wadda ya mean "SLV fly...", its still below 29.00, only around 28.90, and it has been in this area for a few days now. That ain't flying! More like "...can't get off the runway!"
Lolx..

Sir TAH, it has been ranging big since a month ago..
time to move out of the range and I bet Up..

Sonic
  • #44,942
  • Mar 18, 2013 3:22am Mar 18, 2013 3:22am
Quoting artx
My entry on NzdUsd.

1. Wave, dragon up, break of downtrend channel on H4
2. after Lo
3. L-H-HL
4. SL/TP as on chart.

Comments are welcome.
Thanks, Art.



Attachment
Look ok to me.. now let the mkt decide..


Sonic
  • #44,943
  • Mar 18, 2013 3:23am Mar 18, 2013 3:23am
AU Comment

A long setup.
Attached Image (click to enlarge)
Click to Enlarge Name: mar 2013 - 208.gif Size: 26 KB
  • #44,944
  • Mar 18, 2013 3:31am Mar 18, 2013 3:31am
My entry on AudUsd (waiting for being fired).

1. Wave,
2. Uptrend bias
3. Dragon slightly up (careful!)
4. after Lo
5. EP/SL/TP as on chart.

Comments are welcome.
Thanks, Art.

Attached Image (click to enlarge)
Click to Enlarge Name: ausd-2.gif Size: 31 KB
  • #44,945
  • Mar 18, 2013 3:32am Mar 18, 2013 3:32am
Quoting traderathome
UCad Comment

Bullish.

Edit: MMs took it down again, and this time there was a lot more trading at the lows = very bullish (2nd pic)
UCad Comment

Now the LO MMs took the price down, and they traded more at the lows than anyone so far = extremely bullish!
Attached Image (click to enlarge)
Click to Enlarge Name: mar 2013 - 209.gif Size: 26 KB
  • #44,946
  • Mar 18, 2013 3:49am Mar 18, 2013 3:49am
Quoting traderathome
EU: Entered short, a Scout, for couple of reasons. Euro is likely to be in disfavor for a few days, and the MMs just worked the price back up to a good S&R level for shorting. No SL and no TP at this time.
EU: Added short trade #2, Scout. The MMs have worked the price back up to the H&S neckline (see previous posts on this). I think things will get bearish and that this was a good place to add to the short trade.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: mar 2013 - 210.gif Size: 32 KB
Click to Enlarge Name: mar 2013 - 211.gif Size: 23 KB
  • #44,947
  • Mar 18, 2013 3:53am Mar 18, 2013 3:53am
http://allanmuriuki.wix.com/sim-one1#!about1/c1xf9
NZDJPY SOLD
  • #44,948
  • Mar 18, 2013 4:01am Mar 18, 2013 4:01am
POSSIBLE RESISTANCE INDICATED BY FIBONACCI RETRACEMENTS, FIBONACCI EXPANSIONS AND CANDLES ON THE MONTHLY NZDJPY, GBPJPY AND CADJPY PAIR AND OTHER YEN PAIRS. BREAK OF THE TRIANGLE MAY BE CORRECTED BEFORE CONTINUED BULL.
Attached Image (click to enlarge)
Click to Enlarge Name: nzdjpy mnth sld1.gif Size: 30 KB

FIBONACCI EXPANSION FE.161.8, FIBONACCI RETRACEMANT 61.8 RESISTANCE ON THE WEEKLY CHART. IF THE RESISTANCE HOLDS, A GOOD CHANCE FOR A SHORT SALE MAY ARISE. SIM-ONE SYSTEM REFERS TO DAY AND 4 HOUR TIME PERIODS WITH THERE INDICATORS FOR ACCURATE MARKET ENTRIES.
Attached Image (click to enlarge)
Click to Enlarge Name: nzdjpy week sld1.gif Size: 31 KB

SIM-ONE SYSTEM DAY CHART INDICATES A POSSIBLE SHORT ENTRY AFTER THE DOUBLE TOP AND LONG DAY CANDLE.(WORKS BEST WITH OTHER INDICATORS CONFIRMATION OF FIB RESISTANCE IS BEST OR A TIGHT STOP LOSS.
Attached Image (click to enlarge)
Click to Enlarge Name: nzdjpy day sld1.gif Size: 28 KB

Short Bear market confirmed followed by falling window gap. The gap will be filled with probable resistance. Channel resistance and Fibonacci expansion indicates 1st elliot wave. Moving Average bounce or gap fill may have enough resistance to continue bearish move.
Attached Image (click to enlarge)
Click to Enlarge Name: nzdjpy4hr sld1.gif Size: 33 KB
  • #44,949
  • Mar 18, 2013 4:04am Mar 18, 2013 4:04am
Quoting traderathome
EU: Added short trade #2, Scout. The MMs have worked the price back up to the H&S neckline (see previous posts on this). I think things will get bearish and that this was a good place to add to the short trade.
EU: Added short trade #3, again a Scout. Not sure how high the MMs plan on driving this. Maybe to the FR 50%. FR 62%. Who knows, but I might add one more time if they get this high enough because I still believe these are bear MMs just putting on bullish drives to load up with more shorts for the H&S breakout. Well, that is technical stuff. Practically speaking the euro is definately in the toilet now, whilst there is nothing but blue skies ahead for USD.
Attached Image (click to enlarge)
Click to Enlarge Name: mar 2013 - 212.gif Size: 35 KB
  • #44,950
  • Mar 18, 2013 4:08am Mar 18, 2013 4:08am
Quoting traderathome
EU: Added short trade #3, again a Scout. Not sure how high the MMs plan on driving this. Maybe to the FR 50%. FR 62%. Who knows, but I might add one more time if they get this high enough because I still believe these are bear MMs just putting on bullish drives to load up with more shorts for the H&S breakout. Well, that is technical stuff. Practically speaking the euro is definately in the toilet now, whilst there is nothing but blue skies ahead for USD.
Be more nimble and choosy abit there..

Sonic
  • #44,951
  • Mar 18, 2013 4:24am Mar 18, 2013 4:24am
Andwigah says,

"Short Bear market confirmed followed by falling window gap. The gap will be filled with probable resistance. Channel resistance and Fibonacci expansion indicates 1st elliot wave. Moving Average bounce or gap fill may have enough resistance to continue bearish move."

Short Bear market? What's a Long Bear market?

falling window gap? Hell if anybody's window falls, there is going to be a gap!

gap filled with probable resistance? Sounds distastefull. I prefer pastery fillings!

Channel resistance and Fibonacci expansion indicates 1st elliot wave. Gee, well while they are at it maybe they can say "Hi" to elliiot for me and let me know when his second wave comes and I'll have my surf board on hand.

Moving Average bounce.... Yeah, damn things rarely stay still.

gap fill may have enough resistance to continue bearish move. Well if Mr. gap fill doesn't have enough, can he get more resistance from somewhere? I mean, gosh if we have a bear just lingering around we all sure do want it to continue to move!

-------------------------------------------------------------------------------------------------------------------------------------

Sonicers, this guy with all this hogwash is definately in the wrong room! Here we like simple and successful! And his charts are feakin' ugly!
  • #44,952
  • Edited 4:54am Mar 18, 2013 4:43am | Edited 4:54am
Quoting sonicdeejay
Be more nimble and choosy abit there..Sonic
Trade 1 - didn't think they'd get around to re-achieving the H&S neckline, so I entered when price got close to it.
Trade 2 - when they did achieve the neckline, I figured that was their plan all along and that would be as far as it got, so I added.
Trade 3 - once I saw continued aggression in the drive I realized the MMs were going for all the frosting on the cake, and that there was no telling how much greed and money they'd put into such a drive. So, I spaced out this trade per the other two and prepared myself for possibly adding more.

Since then the price has fallen off. But the US MMs might have some keen taste for frosting today, too. I'm going to bed. Maybe I'll be up to take advantage of any US MMs further spike up, but maybe not. Regardless, my bet is the EU is destined to proceed lower in days to come. I see nothing to make be believe the Daily H&S formation cannot come into play. And if it activates, the drop in EU will be substantial.

All this drive up has done is to backtest the lowest TL. We all know what "backtest" means! It sure does not mean "test". What it means is the MMs have taken the price back up to where they have short orders to be filled! The MMs are that confident it is going lower that they exert and spend in order to hike the price to get their short orders filled. And why should they not be confident it is going lower? Hell, they are the ones that determine where prices go!

-tah
Attached Image (click to enlarge)
Click to Enlarge Name: mar 2013 - 213.gif Size: 23 KB
  • #44,953
  • Mar 18, 2013 5:08am Mar 18, 2013 5:08am
Quoting traderathome
EU: Added short trade #3, again a Scout. Not sure how high the MMs plan on driving this. Maybe to the FR 50%. FR 62%. Who knows, but I might add one more time if they get this high enough because I still believe these are bear MMs just putting on bullish drives to load up with more shorts for the H&S breakout. Well, that is technical stuff. Practically speaking the euro is definately in the toilet now, whilst there is nothing but blue skies ahead for USD.
Becareful with EU and EJ Tah, I saw that 2 pairs will go to closing gap and new higher.

Attached Image (click to enlarge)
Click to Enlarge Name: eu.png Size: 51 KB
  • #44,954
  • Edited 6:12am Mar 18, 2013 5:51am | Edited 6:12am
Long SonicR on GU?

1. Wave,
2. DNtrend bias (but far from upper bound)
3. Dragon up
4. after Lo

Art.

EDIT.
Ill give it a try (SL 1.5070 / TP 1.52790)

Attached Image (click to enlarge)
Click to Enlarge Name: gusd-3.gif Size: 34 KB
  • #44,955
  • Mar 18, 2013 6:05am Mar 18, 2013 6:05am
Hi TAH - seeing your 1m chart, I thought I'd post mine as I've developed a similar chart - even borrowing Sonic's useful volume indicator - thank's Sonic - its alert is soooo helpful to remind me to take a look at this TF, which I don't usually keep open.

I was expecting € to continue its rally and exit the consolidation upwards, but the news that Cyprus had delayed vote on its bailout and also keeping its banks closed quickly pushed it south. So I banked some more and am now waiting for the US Open.

I must say what an excellent thread and all visitors should thank Sonic & TAH for providing such consistent, quality posts
Attached Image (click to enlarge)
Click to Enlarge Name: mar 18 € 1m 1040.gif Size: 30 KB
Trading Levels with WRBs
  • #44,956
  • Mar 18, 2013 6:13am Mar 18, 2013 6:13am
Hi, everyone!

Im new to this forum. Traded Forex for about 7 months with great profits and losses. Sonic system is really great as I see it and use it.
Just have 1 question. Did anyone try to use this system trading Gold? As far as I use it for a week and analyze charts for 3 months Sonic system works great on Gold, but I didnt see anyone trading Gold using Sonic.
  • #44,957
  • Mar 18, 2013 6:33am Mar 18, 2013 6:33am
Quoting Islander
Hi TAH - seeing your 1m chart, I thought I'd post mine as I've developed a similar chart - even borrowing Sonic's useful volume indicator - thank's Sonic - its alert is soooo helpful to remind me to take a look at this TF, which I don't usually keep open.

I was expecting € to continue its rally and exit the consolidation upwards, but the news that Cyprus had delayed vote on its bailout and also keeping its banks closed quickly pushed it south. So I banked some more and am now waiting for the US Open.

I must say what an excellent thread and...

WOW..

Islander... LTNS...

I am rather feel honored to see you here..

Inserted Video




Sonic
  • #44,958
  • Mar 18, 2013 6:35am Mar 18, 2013 6:35am
Quoting artx
Long SonicR on GU?

1. Wave,
2. DNtrend bias (but far from upper bound)
3. Dragon up
4. after Lo

Art.

EDIT.
Ill give it a try (SL 1.5070 / TP 1.52790)

Attachment
Marker maker love stops like 1.5070,, round number... can it be 1.5064??..

Sonic
  • #44,959
  • Mar 18, 2013 7:13am Mar 18, 2013 7:13am
Most likely, this option
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd.jpg Size: 82 KB
  • #44,960
  • Edited 7:55am Mar 18, 2013 7:37am | Edited 7:55am
Quoting sonicdeejay
SLV fly..

sonic
4 Hrs..later.. Told Cha..

I think I've found my place...



Inserted Video


Sonic
Attached Image (click to enlarge)
Click to Enlarge Name: shi.gif Size: 39 KB
59 traders viewing now