Sonic R. System | Page 2845 | 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

  • #56,881
  • Aug 20, 2013 2:04am Aug 20, 2013 2:04am
GM - here's my 60m chart posted yesterday in #56,813 updated.

The second push up turned exactly at the upper PVP level - I've removed the MP indicator to avaid clutter. This gave me another sell as price moved back under the **00 and the 5m dragon. This was later closed at my TP at 97.55 - I was out and prefer not to be too greedy as I've seen too many missed levels by traders looking for the exact number

In The Australasian Session, there was a nice pull back givivg two more easy entries - I grabbed some pips selling as soon as I woke up. Drilling down to the 5m and 1m charts we could see the PA and tick volumes giving clear clues that the **25 area - also 50% retrace and todays S 1 level was the area for banking some profits before the London Open.

Note that the 5m chart shows good buying in the two candles with the green ticks - signals to bank.

The now closed 60m chart shows a bullish harami pattern
Attached Image (click to enlarge)
Click to Enlarge Name: aug 20 uj 60m lo.png Size: 52 KB
Attached Image
Trading Levels with WRBs
  • #56,882
  • Aug 20, 2013 2:15am Aug 20, 2013 2:15am
Quoting sonicdeejay
That was a trap... {image} Sonic {image}

- yep - that's what I was showing in UJ too

PS just sold UJ again on the pull back to the 5m dragon / yesterday's low. Will the lows hold again??.....TWT
Trading Levels with WRBs
  • #56,883
  • Aug 20, 2013 2:16am Aug 20, 2013 2:16am
AU:

Closed my 4 short scouts for 530pips. Very proud about this trade and my positioning here. I followed for the first time my new building rule, which I'll explain in my next post.
Attached Image (click to enlarge)
Click to Enlarge Name: 1.png Size: 70 KB
To fail is just an opportunity to learn
  • #56,884
  • Aug 20, 2013 2:21am Aug 20, 2013 2:21am
Quoting Msis125125
AUDUSD Closed 2100 pips (170 odd euro) {image} {image}
  • #56,885
  • Aug 20, 2013 2:30am Aug 20, 2013 2:30am
Quoting JRissa
{quote} GJ short trade EP2 PVSRA +Sonic R Classic Price visited upside of wedge with increased volume; false breakout with heavy selling. Didn't have time yesterday to watch how PA goes, but now added second short, while PA is already picking up speed. {image} {image} {image}

GJ added short EP3.
Price went through last S/R area at 152.000
Attached Image (click to enlarge)
Click to Enlarge Name: GJ15m_2.png Size: 57 KB
I know the secret...
  • #56,886
  • Aug 20, 2013 2:31am Aug 20, 2013 2:31am
Quoting Tymedu
AU: Closed my 4 short scouts for 530pips. Very proud about this trade and my positioning here. I followed for the first time my new building rule, which I'll explain in my next post. {image}
Appreciate your work
  • #56,887
  • Aug 20, 2013 2:50am Aug 20, 2013 2:50am
Quoting Islander
{quote} - yep - that's what I was showing in UJ too

PS just sold UJ again on the pull back to the 5m dragon / yesterday's low. Will the lows hold again??.....TWT
Closed in the spike down to the **00 level and if you can't beat them - join them! 287 x 20 = 5,740 so called pips
Attached Image (click to enlarge)
Click to Enlarge Name: aug 20 uj 1m 0745 gmt.png Size: 41 KB
Trading Levels with WRBs
  • #56,888
  • Aug 20, 2013 2:51am Aug 20, 2013 2:51am
Quoting Tymedu
AU: Closed my 4 short scouts for 530pips. Very proud about this trade and my positioning here. I followed for the first time my new building rule, which I'll explain in my next post. {image}
You have perfect entries, like sniper.
  • #56,889
  • Aug 20, 2013 2:54am Aug 20, 2013 2:54am
UCad Comment

Dragon crossed Trend on H1. Here is the bull's pullback. Planting opportunity.
Attached Image (click to enlarge)
Click to Enlarge Name: aug 2013 - 162.png Size: 70 KB
  • #56,890
  • Aug 20, 2013 3:00am Aug 20, 2013 3:00am
Sir Islander and Sir TAH


JPY pairs..esp EJ..looks super bearish... if 129.31 breaks..more to come..


Sonic
Attached Image (click to enlarge)
Click to Enlarge Name: eurjpym15.png Size: 68 KB
  • #56,891
  • Aug 20, 2013 3:03am Aug 20, 2013 3:03am
Quoting sonicdeejay
Sir Islander and Sir TAH JPY pairs..esp EJ..looks super bearish... if 129.31 breaks..more to come.. Sonic {image}
Agreed! Gunna be like watching snow balls roll down the mountainside, gettiin' bigger and bigger, and goin' faster and faster!
  • #56,892
  • Aug 20, 2013 3:08am Aug 20, 2013 3:08am
Entered Long the USD CHF EP 1 and EP 2. I am also short the GJ and GU. These are my only current trades open.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: USD CHF long ep1 and ep2.jpg Size: 281 KB
Click to Enlarge Name: USDCHF 5min cup hunt for stops.jpg Size: 229 KB
  • #56,893
  • Aug 20, 2013 3:10am Aug 20, 2013 3:10am
GU Comment

Nice bear channel as the bear MMs manipulate the price back higher again, while adding shorts; PVSRA bears. Planting opportunity.
Attached Image (click to enlarge)
Click to Enlarge Name: aug 2013 - 163.png Size: 60 KB
  • #56,894
  • Aug 20, 2013 3:11am Aug 20, 2013 3:11am
Quoting sonicdeejay
Sir Islander and Sir TAH JPY pairs..esp EJ..looks super bearish... if 129.31 breaks..more to come.. Sonic {image}
Completely agree with you. However, UJ still have demand when it goes to the 97 area. I think it may be ranging for a while, maybe waiting for a true catalyst to define the direction. Right know is aiming again to the bottom of the wedge and finding demand.

I'm still holding my longs because I really like the long UJ in the mid-term, but as you said other JPY pairs looks more bearish, specially EJ (maybe for the potential drop in EU). We'll have to wait maybe for tomorrow's FOMC or for September 6th...

Best, Tymedu.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 1.png Size: 67 KB
Click to Enlarge Name: 2.png Size: 67 KB
To fail is just an opportunity to learn
  • #56,895
  • Aug 20, 2013 3:18am Aug 20, 2013 3:18am
Quoting JRissa
{quote} {quote} No update on EU & GU. Price still ranging at tops of range with high activity at highest prices -> MM's bears and loading still. Not enough price movement to higher prices for adding. {image} {image}

Added EP3 short scout GU.

Based on PVSRA
Attached Image (click to enlarge)
Click to Enlarge Name: GU1m.png Size: 50 KB
I know the secret...
  • #56,896
  • Aug 20, 2013 3:19am Aug 20, 2013 3:19am
Quoting sonicdeejay
Sir Islander and Sir TAH JPY pairs..esp EJ..looks super bearish... if 129.31 breaks..more to come.. Sonic {image}
Agreed, the Yen crosses dropped as the bearish UJ headed south.

Since LO, the dollar has sold off and that's pulled both € and cable up, so I'm watching to see if the dollar is going to hold - or retest its early August lows, which will give a bigger retrace in the crosses.....TWT
Trading Levels with WRBs
  • #56,897
  • Aug 20, 2013 3:22am Aug 20, 2013 3:22am
Quoting Msis125125
{quote} Mother F#$(&#$)%&#$)%/#$)%/#=$%/#=$%/&#=$/%#=$%&=#)$&")#(%!$&"(%#$=!)"&#!"=#$&"=#()$" {image}
Great work Msis125125; little effort and $$$ result.LOVE this thread)
  • #56,898
  • Aug 20, 2013 3:23am Aug 20, 2013 3:23am
GJ: Ep2 short added ass classic sonic r entry as GJ continues to move down. Early signs of run for profits as we have a great sonic r classic short signal completion.

Attached Image (click to enlarge)
Click to Enlarge Name: gbpjpym15.png Size: 91 KB
insanity: Doing the same thing over... and expecting different results -AE
  • #56,899
  • Edited 3:36am Aug 20, 2013 3:25am | Edited 3:36am
Week of USD Releases

So pairs like EU and GU are being pushed up by bears. Pairs like UChf and UCad (attached) and UJ are being pushed down by bulls......, my take. The push down on UJ by bull MMs is a great deception by the opportunistic MMs, as all other YEN pairs are genuinely bearish,.....again my take on it.
Attached Image (click to enlarge)
Click to Enlarge Name: aug 2013 - 164.png Size: 58 KB
  • #56,900
  • Aug 20, 2013 3:26am Aug 20, 2013 3:26am
GU entered Scout short Ep 3.
Attached Image (click to enlarge)
Click to Enlarge Name: GU EP 2 and 3 scout.jpg Size: 254 KB
25 traders viewing now