Sonic R. System | Page 2352 | 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

  • #47,021
  • Apr 23, 2013 3:08am Apr 23, 2013 3:08am
Quoting JRissa
{quote} I'd be careful with shorting Yen pairs today. Every pair showing really high volumes at lows. EJ movement caused by news mainly I think. Atleast keep close eye on those! {image} {image} {image} {image} {image}


Gd point there,,,
it is gd to notice..
but let the price has waves in it favour first...




Sonic
  • #47,022
  • Apr 23, 2013 3:10am Apr 23, 2013 3:10am
Quoting traderathome
{quote} GU Long Trade: Added long #5, Scout below half number. {image}
GU Long Trade:

Added trade #6, Scout, MMs drove price below 1/2 number to below 1/4 number area with high trading below half number (M1 confirmed) proving MMs are bulls loading up on longs.
Attached Image (click to enlarge)
Click to Enlarge Name: apr 2013 - 276.png Size: 36 KB
  • #47,023
  • Apr 23, 2013 3:16am Apr 23, 2013 3:16am
dhamm.. i almost closed it 1 hour ago , now i'm not gonna closed it till PA touch dragon in 1M chart..
  • #47,024
  • Apr 23, 2013 3:17am Apr 23, 2013 3:17am
I'm on 1m chart but not seeing what you are confirming ! eur, nzd, gbp, chf, aud in deep shit and usd and yen positif.That's all I see .


Quoting traderathome
{quote} GU Long Trade: Added trade #6, Scout, MMs drove price below 1/2 number to below 1/4 number area with high trading below half number (M1 confirmed) proving MMs are bulls loading up on longs. {image}
  • #47,025
  • Apr 23, 2013 3:17am Apr 23, 2013 3:17am
Quoting JRissa
EU 4h head and shoulders confirmed? Next target near RWL {image}
IMHO yes it looks like H&S but there is no Volume confirmation, because Volumes are going down.
I am waiting for break out of support. If it will happend then yes, H&S indeed. If not then Falling wedge.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 102 KB
Everything is possible!!! Step by Step...
  • #47,026
  • Apr 23, 2013 3:24am Apr 23, 2013 3:24am
Quoting traderathome
UChf Long Trade: Entered long as a Scout on the basis of PVSRA on M1 as Asian session MMs continued to work the price lower and then began to show relatively higher activity around 10 pips above the whole number, indicating the MMs remain bulls seeking lower prices to reload longs. This is likely not the only long I might add as a Scout down here since MMs will typically run price below the whole number for adding longs. That more likely will be the work of the MMs later, in the LS. However, I decided to make this entry in case that does not happen....
Quoting traderathome
{quote} UChf Long Trade: Added long trade #2, a Classic SonicR long. The Dragon is flat, but PVSRA says the MMs are bulls, so this will work. {image}
Quoting traderathome
{quote} UChf Long Trade: Added long trade #3, a Scout, based on MMs taking price below whole number followed by increased trading. They are bulls (PVSRA). {image}
Quoting traderathome
{quote} UChf Long Trade: Added long trade #4, Classic Sonic R.. {image}
Quoting traderathome
{quote} UChf Long Trade: Added long #5, Scout on MMs pullback of price followed by extreme high trading at lows (M1 confirmed) showing that MMs are bulls. {image}
UChf Long Trade:

Closed all five trades for 5x80= 400 pips gain, average EP to close at TP1.
Attached Image (click to enlarge)
Click to Enlarge Name: apr 2013 - 277.png Size: 32 KB
  • #47,027
  • Apr 23, 2013 3:25am Apr 23, 2013 3:25am
Quoting DmitryFX
{quote} IMHO yes it looks like H&S but there is no Volume confirmation, because Volumes are going down. I am waiting for break out of support. If it will happend then yes, H&S indeed. If not then Falling wedge. {image}
Thanks for feedback!

Keeping eye on that.
Attached Image
I know the secret...
  • #47,028
  • Apr 23, 2013 3:30am Apr 23, 2013 3:30am
Quoting okanemici
I'm on 1m chart but not seeing what you are confirming ! eur, nzd, gbp, chf, aud in deep shit and usd and yen positif.That's all I see . {quote}
he use 1 year chart and dont care with 100 EP because he have 1 million balance and that only 1% equity he used
  • #47,029
  • Apr 23, 2013 3:31am Apr 23, 2013 3:31am
GU scout long EP1

Based on PVSRA analysis +not complete wave at 1MIN chart

EP 1.5217
SL 1.5170
TP open
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusdm1.png Size: 82 KB
I know the secret...
  • #47,030
  • Apr 23, 2013 3:34am Apr 23, 2013 3:34am
These scout trades are just getting out of hand. It is wild gambling. I think it can serve a purpose occasionally, when there is an obvious change of trend and volume supports it.

Like sonic said, volume analysis should not be used in isolation. It is dangerous. It's like trying to catch a falling knife. You are only kidding yourself if you think you know what the big boys are up to, a lot of them don't even know what they are up to! I've previously worked as a commodity trader. This one time I put on a hedging position (I was trading grain) and I was buying AUD/USD and the price was roughly 0.9998. It was a 6 million dollar position. I asked the dealer do you think this amount of money could be the trade that pushes the aussie above parity? He said forget it. In a 3 trillion dollar a day market, 6 million dollars is chicken feed.

People in this thread are extrapolating wild swings as MM dirty tactics. It's indeed a degree of randomness. Remember that the volume indicator does not show the total size of trades yet it shows the number of trades so I think it can be a little misleading. It is also hard to gauge volume numbers in the FX market as it is not really regulated.

I would caution any of those who are new to the sonic system about the dangers of scout trades and urge them to stick with the tried and trued method of strong wave analysis coupled with volume analysis. Trade with the trend. Be a sniper not a machine gunner.

In my view, pretending that you know what the big boys are doing, averaging down into losers and taking a huge drawdown will only lead to one thing. That is account destruction. I would question the fact that TaH is a profitable trader. He likes to bully others in this thread and enjoys the control. He is merely just posting charts and labeling them as live trades. I would implore him to release his account to myfxbook.com

Let's generate some real discussion on what the core values of the Sonic R system is. That is, not over trading and keeping it simple. We know that works. To coin a phrase from the first page of this thread from the guru Sonic "simplicity is the ultimate sophistication".
  • #47,031
  • Apr 23, 2013 3:35am Apr 23, 2013 3:35am
Guys, isn't AU a good long setup now? I see the price is supported at 1.0225 with high volumes and I think it'll touch at least DPV. What do you think?
“A year from now you will wish you had started today.” -Karen Lamb
  • #47,032
  • Apr 23, 2013 3:38am Apr 23, 2013 3:38am
Quoting foxybunny
{quote} Islander, for the indicator "SR_Zones.exe", only when you name the rectangle with the name like "SR-1" or "SR-2", then it will update the rectangle's destination to the latest bar with a "Crimson" colour that is the "r-color". There is another "Green" colour that is "s-color", what must we name the rectangles to activate this green s-color?? And in your chart, there is a text like "SR-11" or 'SR-15" in yellow, how is this shown from this indicator or did you manually type this into your chart? Thanks.
OK - so this indicator is to continually update a rectangle that you have placed on your chart at either a support or a resistance area. You then rename it sr-1, sr-2 etc etc, then it will update at the close of each bar AND show red if price is below it - i.e. its a resistance zone OR green if price is above it. I change the colours to pink & light green which I prefer.

I use it especially on my 5m & 1m charts so as to avoid having to keep checking my 15m & 60m charts for S&R to then place on these short TF charts.

I place a small orange text box with SR-* - * being the number that I used on my last SR zone to remind me which number to use next - if you forget, you'll see why I do this

So again, the colour change is automatic.....I hope this helps

PS charts added to show you what its doing and the zones will be days or even weeks old
Attached Image (click to enlarge)
Click to Enlarge Name: apr 23 5m multi 0844.png Size: 106 KB
Trading Levels with WRBs
  • #47,033
  • Apr 23, 2013 3:41am Apr 23, 2013 3:41am
Maybe that is the case, who knows


Quoting jasakreatif
{quote} he use 1 year chart and dont care with 100 EP because he have 1 million balance and that only 1% equity he used
  • #47,034
  • Apr 23, 2013 3:44am Apr 23, 2013 3:44am
Quoting FXaddicted
These scout trades are just getting out of hand. It is wild gambling. I think it can serve a purpose occasionally, when there is an obvious change of trend and volume supports it. Like sonic said, volume analysis should not be used in isolation. It is dangerous. It's like trying to catch a falling knife. You are only kidding yourself if you think you know what the big boys are up to, a lot of them don't even know what they are up to! I've previously worked as a commodity trader. This one time I put on a hedging position (I was trading grain) and...
Partially agree, with that every new thread follower should be advised about dangers trading "scout" way. At least putting hard SL to level what can be manageable drawdown. Otherwice account destruction can be near. And in fact this has been said at least few times every week that at this point PVSRA analysis should be only used as aid for finding good Sonic R setups. That's what I have tried to show with many of my early 5min entries with volume analysis support. I admit that I post maby too much of these scout setups, but it's only because I'd like to help Professor TAH to getting this PVSRA to next level. If my trades help there, I'm happy. If my trades cause problems to new followers, then I'd suggest to take those with bit of salt.

From now on, I will put warning on every scout entry I make, fine?
I know the secret...
  • #47,035
  • Apr 23, 2013 3:47am Apr 23, 2013 3:47am
What I learnt about DPV is , you shouldn't long it when price below DPV.Only long it when price come to DPV and pass it .Maybe I am wrong !
Hey guys am I wrong ?
Besides it doesnt have a proper wave .Dropped a lot doesn't mean it will turn right now !


Quoting bogdan89
Guys, isn't AU a good long setup now? I see the price is supported at 1.0225 with high volumes and I think it'll touch at least DPV. What do you think?
  • #47,036
  • Apr 23, 2013 3:51am Apr 23, 2013 3:51am
Quoting DmitryFX
{quote} IMHO yes it looks like H&S but there is no Volume confirmation, because Volumes are going down. I am waiting for break out of support. If it will happend then yes, H&S indeed. If not then Falling wedge. {image}
Excellent analysis! GJ!
To fail is just an opportunity to learn
  • #47,037
  • Apr 23, 2013 3:51am Apr 23, 2013 3:51am
Quoting FXaddicted
These scout trades are just getting out of hand. It is wild gambling. I think it can serve a purpose occasionally, when there is an obvious change of trend and volume supports it. Like sonic said, volume analysis should not be used in isolation. It is dangerous. It's like trying to catch a falling knife. You are only kidding yourself if you think you know what the big boys are up to, a lot of them don't even know what they are up to! I've previously worked as a commodity trader. This one time I put on a hedging position (I was trading grain) and...
FXaddicted, we know full well the shortcomings of forex "volume", we also know full well the strategies of the market makers and other big players, and as for me, I post my trades real-time. I cannot fudge the outcome of them. Once posted, I either win or lose for all to see.

So, I tell you what, before you go on and advise everyone about what to do, how about showing some of your trades real-time. I have 900 pips gain already this week, from real-time trades that cannot be fudged, all posted right here on this thread. How are you doing?

-tah
  • #47,038
  • Apr 23, 2013 3:53am Apr 23, 2013 3:53am
Great idea TaH. I will start posting on a regular basis and show why I have numerous clients a money manager.
  • #47,039
  • Apr 23, 2013 3:57am Apr 23, 2013 3:57am
Quoting FXaddicted
Great idea TaH. I will start posting on a regular basis and show why I have numerous clients a money manager.
Fantastic, because folks will learn more, and will learn faster if you show them, then by talking them to death.

-tah
  • #47,040
  • Apr 23, 2013 4:06am Apr 23, 2013 4:06am
I Just want to say Thanks a lot for Mr.sonic deejay & Prof. TAH for this system. It's greatly help my trading. May God bless you always... Keep rock n roll...brother.
Consistent Is not easy but It Is must
227 traders viewing now