Sonic R. System | Page 2301 | 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

  • #46,001
  • Apr 10, 2013 9:02am Apr 10, 2013 9:02am
Quoting Redddz
Sir Tah, are you considering the Employment Change of Aud, which is after 10hours from now?
AU:

Why should I? I don't trade "news". I only recognize such events are times when the MMs might initiate whatever genuine or deceptive moves they have planned. I do my best to stay focused on "trading the chart...." and nothing else. And for me, the "chart" means price and volume relative to S&R, and using the Dragon and the Trend Line to gauge momentum.
  • #46,002
  • Apr 10, 2013 9:10am Apr 10, 2013 9:10am
EU Comment:

At this stage, it appears the MMs might be switching from bulls to bears. They executed a Pump & Dump today. Even if the MMs are now bears, it does not mean they won't repeat this. They can and usually do continue to drive prices up for awhile to close longs and add shorts, and for how long we can never know. Probably we will learn more tomorrow.
Attached Image (click to enlarge)
Click to Enlarge Name: apr 2013 - 043.png Size: 79 KB
  • #46,003
  • Apr 10, 2013 9:12am Apr 10, 2013 9:12am
Quoting traderathome
AU: Why should I? I don't trade "news". I only recognize such events are times when the MMs might initiate whatever genuine or deceptive moves they have planned. I do my best to stay focused on "trading the chart...." and nothing else. And for me, the "chart" means price and volume relative to S&R.
that makes sense to me, well master tah say if AU shoot up then when will you cut your losses? excuse my asking.
Price Is The Best Indicator Itself.
  • #46,004
  • Apr 10, 2013 9:15am Apr 10, 2013 9:15am
Quoting fex
Sir prof, does that mean that the size of the volume bars do not matter?
Volume, the Meaning of Bar Sizes

Of course the size of the volume bars matters! Did I say differently? No! Every broker has different volume, but the relative change in the size of the bars will come at similar times for the same reasons. It is the change in the size of the bars that is the key, because sudden relative big changes tell you something important is happening. The true extent of that something we can never know because volume bars are not a measure of the actual amount of currency being traded.

Look for relative changes that "stand out." However, just because one big volume bar is not the biggest on the block, don't think it can't actually be the biggest in currency!
  • #46,005
  • Apr 10, 2013 9:22am Apr 10, 2013 9:22am
Quoting revoli
This looks interesting {image}

my point of view ;-)

Attached Image (click to enlarge)
Click to Enlarge Name: enigma4x_eurusd_play.gif Size: 281 KB


Inserted Video


enigma4x the original

p.s. sonic r ea v1.0 coming soon after 6 month of live test .... at the time some issues with the ttfix bridge ... ofc free like sonic philosophy !!!

cant wait to see the face from the professor ...
enjoy my life ... and ride the waves - all what I do
  • #46,006
  • Apr 10, 2013 9:22am Apr 10, 2013 9:22am
Thank you very much, clear as water. Never lie down, without knowing a thing.
Newbie trader
  • #46,007
  • Apr 10, 2013 9:23am Apr 10, 2013 9:23am
EU Short Trade:

Entered short, a Classic Sonic R. short as the MMs pushed the price back up to a reasonable EP area, which also coincides with previous S&R (look off to left on chart).
Attached Image (click to enlarge)
Click to Enlarge Name: apr 2013 - 044.png Size: 82 KB
  • #46,008
  • Apr 10, 2013 9:25am Apr 10, 2013 9:25am
Quoting Redddz
that makes sense to me, well master tah say if AU shoot up then when will you cut your losses? excuse my asking.
No, not necessarily. If there remains evidence the MMs are bears and are simply continuing to drive the price higher to close longs and open shorts, I won't close, I will add.
  • #46,009
  • Apr 10, 2013 9:26am Apr 10, 2013 9:26am
Quoting fex
Thank you very much, clear as water. Never lie down, without knowing a thing.


i asked myself SOT ???

lol after the post i saw ---

happy to took 2/3 from the table in this scalp

yess it was

enigma4x aka emc2
enjoy my life ... and ride the waves - all what I do
  • #46,010
  • Apr 10, 2013 9:31am Apr 10, 2013 9:31am
Quoting enigma4x
i asked myself SOT ??? lol after the post i saw --- yess it was enigma4x aka emc2
Sorry enigma4x, thanks to TAH
Newbie trader
  • #46,011
  • Apr 10, 2013 9:38am Apr 10, 2013 9:38am
Possible re-entry Sonic? Does the company the volume? Would you say that there is a significant size on high?
Attached Image (click to enlarge)
Click to Enlarge Name: eurgbp-m15-alpari-uk-ltd.png Size: 79 KB
Newbie trader
  • #46,012
  • Apr 10, 2013 9:46am Apr 10, 2013 9:46am
Quoting traderathome
AJ Short Trade: Added trade #13 earlier, a Scout. {image}
AJ Short Trade:

Added short trade #14, another Scout as the MMs pushed the price above the whole number and thru RDH on decreasing volume overall, but with the higher volumes within being sequentially at each new high attained (M1 confirmed).
Attached Image (click to enlarge)
Click to Enlarge Name: apr 2013 - 045.png Size: 82 KB
  • #46,013
  • Apr 10, 2013 9:48am Apr 10, 2013 9:48am
Quoting fex
Sorry enigma4x, thanks to TAH

ofc why sry


tah is the best ...

np enjoy ---



enigma4x
enjoy my life ... and ride the waves - all what I do
  • #46,014
  • Apr 10, 2013 9:57am Apr 10, 2013 9:57am
Quoting fex
Possible re-entry Sonic? Does the company the volume? Would you say that there is a significant size on high? {image}
EG:

This is a Pump & Dump, and notice that the MMs pushed the price up thru the half number, above which is a place they prefer to close longs and open shorts. Is now the time for a short entry? The price is still reasonably high for a short entry. However, later today or during the next Asian session, or even with the next LS the MMs might again push up the price. That is just something we can never know. Personally, at this stage were it me, I'd wait to see what happens because the MMs might not be ready to push GU up nor EU down until tomorrow at the earliest. And meanwhile the MMs might work more on preparing to do so, and EG could go back up some.

You make up your own mind because this could move at any time. We can presume it will move, but there is just no way to ever know the timing of such a thing.
Attached Image (click to enlarge)
Click to Enlarge Name: apr 2013 - 046.png Size: 80 KB
  • #46,015
  • Apr 10, 2013 10:09am Apr 10, 2013 10:09am
Quoting traderathome
GN, MMs Bulls or Bears? On H1, once the Dragon crosses down thru the Trend Line, and especially if there shortly follows a price pullup back to/into/thru the Dragon, you are probably looking a MMs that are bears. I have on numerous occassions stated this. How long might the MMs be bears? Nobody knows, but the red candles/volume bars you highlighted represented genuine bear selling so far as I can see, based on this H1 picture. {image}
Thanks for the explanation TAH, one last favour. Could you share the indicator to show in the chart the entry points, TP, SL and average between entries please? It would be nice to have it
To fail is just an opportunity to learn
  • #46,016
  • Apr 10, 2013 10:12am Apr 10, 2013 10:12am
AJ, MMs Bulls or Bears?

Easy to see that the MMs Pumped & Dumped here. A Bear Channel, what the bears do to attract bulls! The bear MMs drove the price above the whole number, then above RDH, and then followed with high selling volume as they passed their longs off to the unsuspecting new buyers that were attracted in by this fake move up.

This is just part of what I suspect has been going on for days now, bear MMs continuing to drive prices up as they close longs and open shorts. And this move might not be the last one.
Attached Image (click to enlarge)
Click to Enlarge Name: apr 2013 - 047.png Size: 84 KB
  • #46,017
  • Apr 10, 2013 10:15am Apr 10, 2013 10:15am
Quoting traderathome
EG: This is a Pump & Dump, and notice that the MMs pushed the price up thru the half number, above which is a place they prefer to close longs and open shorts. Is now the time for a short entry? The price is still reasonably high for a short entry. However, later today or during the next Asian session, or even with the next LS the MMs might again push up the price. That is just something we can never know. Personally, at this stage were it me, I'd wait to see what happens because the MMs might not be ready to push GU up nor EU down until tomorrow...
Many thanks for thinking aloud. The reflections are interesting, help you understand the process.
Newbie trader
  • #46,018
  • Apr 10, 2013 10:23am Apr 10, 2013 10:23am
Quoting traderathome
EU Comment: At this stage, it appears the MMs might be switching from bulls to bears. They executed a Pump & Dump today. Even if the MMs are now bears, it does not mean they won't repeat this. They can and usually do continue to drive prices up for awhile to close longs and add shorts, and for how long we can never know. Probably we will learn more tomorrow. {image}
What mean MMs ? stands for what? Sir
Share and Receive
  • #46,019
  • Edited 11:24am Apr 10, 2013 10:29am | Edited 11:24am
GU, MMs Bulls or Bears?

Ok, the LS is closed. Look at the extremely high volume with all of the candles associated with the lows, early in the US session! Not only that, but the MMs got the price below the whole number, where they prefer to close shorts and add longs. No doubt about it, the MMs are bulls. Now note that the Dragon itself has a sort of "Double Bottom", which sometimes happens and suggests a move up is imminent,....late in the US session? This might be worth continuing to watch.
Attached Image (click to enlarge)
Click to Enlarge Name: apr 2013 - 048.png Size: 82 KB
  • #46,020
  • Apr 10, 2013 10:33am Apr 10, 2013 10:33am
Quoting maxryan9999
What mean MMs ? stands for what? Sir
Read the last two weeks of the thread, because I have sometimes spelled it out. You really need to read more and ask less. So far, all of your questions are already answered in this manual, this text book of the Sonic R. System thread. You don't know the answers because you are not reading the text book.

Here is a suggestion. If you really want to learn, I mean if you are really willing to put the proper effort into it, then aside from all that I have already suggested that you do, I recommend you "search" my posts and start reading the last 50, or so. That might also help you.
35 traders viewing now