Sonic R. System | Page 2316 | 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

  • #46,301
  • Apr 15, 2013 9:21pm Apr 15, 2013 9:21pm
Quoting spitt
Dear Prof TAH, First of all I have to assure you that everyone here appreciate your time, knowledge and effort you put in educating others for free of charge. I am one of them. What I am going to raise is NOT by all means to discredit you in any way as I have a healthy respect for you. I few pages before I asked you about money management regarding your "scout" trades that went against you considerably before it turned and made profit for you. Here is my example on your UC trade. The 8 buy entries went against you in a total of 766 pips before...
Big Pips Against Trade, Big Draw Down Too?

Spitt, you're new relatively speaking. I've responded to this question at other times too, long in the past. My statements back then I'll repeat. This is a crazy way to trade (just like the professionals do) and cannot be done unless either you have unlimited ability to increase the margin you trade on (just like the professionals do) or you trade very, very, very light relative to account(s) size. That's it. Oh, and I don't recommend this manner of trading (not yet anyway, because I am still growing with it) because it can be extremely stressful. You think 700-800 pips against you is bad? You ain't seen nothing! And then there is the time factor. The time factor is the primary reason I do not recommend this way of trading. Even though eventually (99.99% of the time so far) such trades come to profit, the time is lost where the money could have been traded for sooner profits. Professionals do not have this problem. Whenever they have funds tied up in a trade, they just get more funds to keep on trading. They are unlimited. We are not.

I have yet a few such trades. When they are complete I do plan to trade a bit differently and with larger trades. Do not ask anything more personal because actual trade sizes and account sizes should remain private with every Sonic R. System trader. That is why I have always shown trade as pips gained EP to TP, or pips lost EP to SL (or manual close). I do not intend to contribute to big money traders passing the system by because they think it is for small fry, nor do I intend to contribute to small fry passing the system by because they are intimindated thinking everyone here is big money. We are all equal so long as evaluating everything as pips between entry and close.

Hope this helps,
-tah
  • #46,302
  • Edited 9:54pm Apr 15, 2013 9:42pm | Edited 9:54pm
TAH Straying From the Sonic R. System?

Many of my early trades might appear that way due to the fact I did not respond well to head fake setups. The result was the setup actually changed, ended up showing for the other way, and I was left on the wrong side of the trade. So, it looked like I was not trading the method. Not so. I was just not good trading the method. BTW, have any of you had that problem early on? I did not like using SLs (still don't) so my situations were further aggravated. I held the trades. Eventually most came back to profit. And that is how my unique method all got started.

Over time I improved only a little at this. Unfortunately Sonic introduced the Scout trade, which piqued my interest.

To make a long story short, I do trade the Classic Sonic R. System method. In fact, the very person that says I do not has far fewer Classic trades than I do! I mean like none at all practically. Just search his posts and try and find a single Classic Sonic R. System trade. Back to the short story, I am also trading the Scout method, but it is different than what Sonic introduced. Sonic traded the Scout as a counter trend trade after big stopping volume and enough follow-on PA to convince him it was safe to do so. You can see the problem here. It is a very ill defined high risk trade. My Scout trading has gradually changed from that, as I have experimented with the use of volume with price in conjunction with S&R. And now the conclusion.

The way I am using volume has changed everything. I have discussed how I am using volume so I will not repeat it here. Let it be sufficient to say that with this unique use of volume both my Classic and my Scout trades have quickly and dramatically improved. You can easily review recent trades and confirm this for yourself.

Conclusion. Anyone saying I am not trading the Sonic R. System has no idea what they are talking about. I am trading the Sonic R. System, both Classic and Scout trades, and very recently doing so far more effectively than anyone in the past has every been able to trade the Sonic R. System. My trades are posted and they are proof, and they are clearly labeled as either Classic, Classic re-enty, or Scout.

-tah
  • #46,303
  • Apr 15, 2013 9:49pm Apr 15, 2013 9:49pm
Quoting sonicdeejay
DO not take a trade solely on Volume... It can take you to a very dark place... Use Price Action/Wave and dragon as the primary.. Sonic

This is what I mean..

DO not rush in and open Long because there is possible stopping volume spotted..

Wait for High Low to form, wave up to form..

Sonic
Attached Image (click to enlarge)
Click to Enlarge Name: shi.gif Size: 132 KB
  • #46,304
  • Apr 15, 2013 9:57pm Apr 15, 2013 9:57pm
Trade what You see...

Not what u think or hear from peter schiff, max and other PMs fans..


http://www.businessinsider.com/what-...-saying-2013-4

Sonic
  • #46,305
  • Edited 10:29pm Apr 15, 2013 10:15pm | Edited 10:29pm
Quoting sonicdeejay
DO not take a trade solely on Volume... It can take you to a very dark place... Use Price Action/Wave and dragon as the primary.. Sonic
Quoting sonicdeejay
This is what I mean.. DO not rush in and open Long because there is possible stopping volume spotted.. Wait for High Low to form, wave up to form.. Sonic {image}
Stopping Volume is Insufficient Evidence to Trade On

I agree with you, Master. "Stopping" volume alone is an insufficient clue. Waiting for a proper HL wave to form, however, is also insufficient. Personally, I think it is necessary to figure out if the MMs are bulls or bears before a trading strategy is formed. Are you going to wait for a long or short Classic setup? Are you going to go for a long or short Scout if the opportunity presents itself? Don't just wait for either type trade in either direction, and if it looks good then enter it! That is a recipe for disaster. If the MMs are bulls then you want to be waiting for long opportunities of either kind. If the MMs are bears then you want to be waitng for short opportunities of either kind. To me, this is what "trade what you see" should mean.

I'll stick my neck out here. I think the MMs continue to be bears on gold. Those previous "stopping" volume events were just to stop the drop and hike the price a bit for resumed shorting. And I think the green wave up you have marked is just bullish PA put on by bear MMs to hike the price again, to resume shorting again. I could be wrong in my analysis, but let's see what happens.

-tah
Attached Image (click to enlarge)
Click to Enlarge Name: shi.gif Size: 132 KB
  • #46,306
  • Apr 15, 2013 10:34pm Apr 15, 2013 10:34pm
Quoting traderathome
EU Short Trade: Added short trade #3, a Classic re-entry based on bearish M1 PA just below half number, following extremely bearish PA just above half number earlier. MMs like to close longs and open shorts above half numbers. They prefer whole numbers, but half numbers is on their list too. No SL and TP1 (set yesterday) is now very tentative because this could drop quite a ways further. The new RDL is probably a better TP choice, even for a tentative TP1. {image} {image}
EU Short Trade:

Added short trade #4, a Classic re-entry short as bear MMs move the price above the half number. High volume for the event is documented on M1. No SL at this time. TP1 is revised as shown. LS MMs (or others) might try again and move the price even higher. That is ok. I felt it wise to make this entry in case they don't.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: apr 2013 - 145.png Size: 37 KB
Click to Enlarge Name: apr 2013 - 146.png Size: 32 KB
  • #46,307
  • Apr 15, 2013 10:43pm Apr 15, 2013 10:43pm
AU Short Trade:

Entered short, a Classic re-entry based on bear MMs moving price back above half number to resume shorting. High volume for the event is documented on M1. MMs might move price higher later. If they do so sufficiently, and if analysis at that time still shows the MMs to be bears, then I might add a Scout short to this trade.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: apr 2013 - 147.png Size: 35 KB
Click to Enlarge Name: apr 2013 - 148.png Size: 32 KB
  • #46,308
  • Edited 11:24pm Apr 15, 2013 11:05pm | Edited 11:24pm
GU Short Trade:

Entered short, a Classic re-entry as bear MMs moved price above the whole number (clue), with intensive volume used to get it up there shown on M1. There are multiple GBP high impact releases coming. If the MMs remain bears then they might try to move price even higher. If they do, and if analysis at that time shows the MMs remain bears, I might add a Scout short. No SL and no TP at this time.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: apr 2013 - 149.png Size: 34 KB
Click to Enlarge Name: apr 2013 - 150.png Size: 36 KB
  • #46,309
  • Apr 15, 2013 11:21pm Apr 15, 2013 11:21pm
Quoting traderathome
AU Short Trade: Entered short, a Classic re-entry based on bear MMs moving price back above half number to resume shorting. High volume for the event is documented on M1. MMs might move price higher later. If they do so sufficiently, and if analysis at that time still shows the MMs to be bears, then I might add a Scout short to this trade. {image} {image}
AU Short Trade:

Added trade #2 short, a Scout based on MMs getting price up to RDH area on high volume at the highs shown on M1 and indicating the MMs are bears looking to trade at higher prices, i. e., they are shorting. So am I. No SL and no TP at this time.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: apr 2013 - 151.png Size: 36 KB
Click to Enlarge Name: apr 2013 - 152.png Size: 28 KB
  • #46,310
  • Apr 15, 2013 11:25pm Apr 15, 2013 11:25pm
Quoting sonicdeejay
This is what I mean.. DO not rush in and open Long because there is possible stopping volume spotted.. Wait for High Low to form, wave up to form.. Sonic {image}

three thumbs up to you....

Yes, this is good advice. You are exactly like Jim Rogers guy who is based in Singapore.
Do Not rush in and start buying. Let the profit taking ends. Let the big time losers cut their losses.
Big Boys like Jim Rogers says he is not buying yet and he wait till this major correction is over.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #46,311
  • Apr 15, 2013 11:31pm Apr 15, 2013 11:31pm
Quoting sonicdeejay
Trade what You see... Not what u think or hear from peter schiff, max and other PMs fans.. http://www.businessinsider.com/what-...-saying-2013-4 Sonic

Yes sir,

Thank you for this constant reminder to sonicR traders.
We must trade what we see on our charts. Keep that simple.

Therefore I stopped reading all the commentary about the markets and about MMs and PVA etc. these are just all what some people think.
Good thing you did not mention Jim Rogers.... LOL.

Good Trading.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #46,312
  • Apr 15, 2013 11:47pm Apr 15, 2013 11:47pm
[quote=emmanuel7788;6607650]Yes sir, Thank you for this constant reminder to sonicR traders. We must trade what we see on our charts. Keep that simple. Therefore I stopped reading all the commentary about the markets and about MMs and PVA etc. these are just all what some people think. Good thing you did not mention Jim Rogers.... LOL. Good Trading.[/quote
Put Your Money Where Your Mouth Is

emmanuel, you do whatever you want. That is your right. Close your mind, but have the decency to not advise others to do so. Frankly, I doubt anyone here really gives a shit what you think. You have never demonstrated any skill with the Sonic R. System. All you do is talk. I post my trades. I challenge you to post your trades. Let everybody see how good you are.

-tah
  • #46,313
  • Apr 15, 2013 11:59pm Apr 15, 2013 11:59pm
GU possible Long
Attached Image (click to enlarge)
Click to Enlarge Name: gu.gif Size: 31 KB
Money Management and Patience is the Key
  • #46,314
  • Apr 16, 2013 12:01am Apr 16, 2013 12:01am
I think TAH for gold i'll wait and see. it is still not yet confirm that the price gonna go up. but it is too low for short.
Money Management and Patience is the Key
  • #46,315
  • Apr 16, 2013 12:09am Apr 16, 2013 12:09am
Quoting scuderia
GU possible Long {image}
GU Comment:

H1 shows Dragon has now crossed down thru the Trend Line. When this happens if a later pullback to the Dragon occurs, it is an extremely bearish sign, because it happens due to the fact the MMs are bears and put on bullish PA to get prices higher for another round of heavy shorting! And guess what, price is pulling back to the Dragon! Also, note the GBP releases coming.

So, while GU could be a possible long, it could also be setting up for a really good run down by being hiked for shorting now, and by being driven down in conjunction with the releases later.

Something to consider. If you go long, it is a counter trend trade and should be watched like a hawk.
Attached Image (click to enlarge)
Click to Enlarge Name: apr 2013 - 155.gif Size: 39 KB
  • #46,316
  • Apr 16, 2013 12:13am Apr 16, 2013 12:13am
CME has upped margins on gold and silver:

http://www.forexlive.com/blog/2013/0...ld-and-silver/
If you think you can do a thing or think you can't do a thing, you're right
  • #46,317
  • Apr 16, 2013 12:13am Apr 16, 2013 12:13am
Quoting scuderia
I think TAH for gold i'll wait and see. it is still not yet confirm that the price gonna go up. but it is too low for short.
Gold, MMs Bulls or Bears?

I don't trade gold. However, if the charts on gold were the charts on any forex pairs I do trade, I'd certainly not be a buyer. As for the price being too low to short, what if it turns out that gold continues to drop for the next year and a half, with the only upside PA being put on periodically by bear MMs that have taken profit on some of their shorts and want to replenish them at higher prices?
Attached Image(s) (click to enlarge)
Click to Enlarge Name: apr 2013 - 156.gif Size: 34 KB
Click to Enlarge Name: apr 2013 - 157.gif Size: 34 KB
  • #46,318
  • Apr 16, 2013 12:23am Apr 16, 2013 12:23am
Quoting Catcher777
CME has upped margins on gold and silver: http://www.forexlive.com/blog/2013/0...ld-and-silver/

Catcher777,

Good alert share here.Thanks.

It is telling speculators to stay away... only those with deep pockets will invest in the threelogy metals from now onwards.
Many will have to cul losses .... cannot cope with the huge drawdowns, and some will face margin call.

This is one lesson why we must learn and accept "Cut Losser Short, Let Winners Run".
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #46,319
  • Apr 16, 2013 12:36am Apr 16, 2013 12:36am
Quoting emmanuel7788
Catcher777, Good alert share here.Thanks. It is telling speculators to stay away... only those with deep pockets will invest in the threelogy metals from now onwards. Many will have to cul losses .... cannot cope with the huge drawdowns, and some will face margin call. This is one lesson why we must learn and accept "Cut Losser Short, Let Winners Run".
No problem :o) Because gold fell:
http://www.forexlive.com/blog/2013/0...p-in-30-years/
If you think you can do a thing or think you can't do a thing, you're right
  • #46,320
  • Edited 1:03am Apr 16, 2013 12:50am | Edited 1:03am
Quoting traderathome
Stopping Volume is Insufficient Evidence to Trade On I agree with you, Master. "Stopping" volume alone is an insufficient clue. Waiting for a proper HL wave to form, however, is also insufficient. Personally, I think it is necessary to figure out if the MMs are bulls or bears before a trading strategy is formed. Are you going to wait for a long or short Classic setup? Are you going to go for a long or short Scout if the opportunity presents itself? Don't just wait for either type trade in either direction, and if it looks good then enter it! That is a recipe for disaster. If the MMs are bulls then you want to be waiting for long opportunities of either kind. If the MMs are bears then you want to be waitng for short opportunities of either kind. To me, this is what "trade what you see" should mean. I'll stick my neck out here. I think the MMs continue to be bears on gold. Those previous "stopping" volume events were just to stop the drop and hike the price a bit for resumed shorting. And I think the green wave up you have marked is just bullish PA put on by bear MMs to hike the price again, to resume shorting again. I could be wrong in my analysis, but let's see what happens. -tah {image}
Quoting traderathome
Gold, MMs Bulls or Bears? I don't trade gold. However, if the charts on gold were the charts on any forex pairs I do trade, I'd certainly not be a buyer. As for the price being too low to short, what if it turns out that gold continues to drop for the next year and a half, with the only upside PA being put on periodically by bear MMs that have taken profit on some of their shorts and want to replenish them at higher prices? {image} {image}
Gold, MMs Bulls or Bears?

......Told cha!

PVA, price volume analysis, the use of volume as I have been teaching? It works. Personally, I don't care if anyone else believes it. I continue to post my Sonic R. System Classic, Classic re-entry, and Scout trades for all to see.

-tah
Attached Image (click to enlarge)
Click to Enlarge Name: apr 2013 - 158.gif Size: 35 KB
31 traders viewing now