Sonic R. System | Page 2905 | 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

  • #58,081
  • Sep 2, 2013 8:05pm Sep 2, 2013 8:05pm
EU:

This also showing a higher TF bearish (well quasi-bearish right now) potential, with an expanding triangle. If it completes, the likely break will be lower.
Attached Image (click to enlarge)
Click to Enlarge Name: sept 2013 - 008.png Size: 71 KB
  • #58,082
  • Sep 2, 2013 8:11pm Sep 2, 2013 8:11pm
EJ:

A rising wedge. Barely rising, but it is rising. Bearish.
Attached Image (click to enlarge)
Click to Enlarge Name: sept 2013 - 009.png Size: 58 KB
  • #58,083
  • Sep 2, 2013 8:21pm Sep 2, 2013 8:21pm
I hope this is the end of my suffering Huge dd EJ, GJ, UJ
Since then all exclusively on money management
  • #58,084
  • Sep 2, 2013 8:45pm Sep 2, 2013 8:45pm
Quoting RuslanHowp
I hope this is the end of my suffering Huge dd EJ, GJ, UJ Since then all exclusively on money management
RuslanHop,

I am just throwing this out there. Remember the yen crosses are highly correlated. If you are trading in all three then you will have a much higher exposure to DD. These pair follow the UJ most of the time. You would be better off trading some US crosses in combination with maybe one yen cross. The GJ is the fastest moving of the three. The EU is the most liquid and most traded currency. Just a suggestion to diversify your positions.


God Bless,

World Freedom
  • #58,085
  • Sep 2, 2013 9:03pm Sep 2, 2013 9:03pm
Quoting traderathome
EJ: A rising wedge. Barely rising, but it is rising. Bearish. {image}
Professor,,


When u mentioned wedge,, it reminded me of potatoe wedges n coke.yummy..

Btw.. it can be bull too..

Sonic
  • #58,086
  • Sep 2, 2013 9:05pm Sep 2, 2013 9:05pm
Woldfreedom,



Yes, I have noticed a correlation ((

Honestly is not quite imagine what couples can diversify. But be sure to understand, and try to take into account in further trading. So far only observed strict correlation NU and AU. Trading for only one month, so do not judge strictly) Even PVSRA until everything is clear, due to the weak English. But ordered a professional translation is necessarily lay prepare.

And thank you for your participation!) This topic is exceptional due to the exceptional people who take part in it.
  • #58,087
  • Sep 2, 2013 9:21pm Sep 2, 2013 9:21pm
The analog of UJ
And as far as I can see of JPY pairs UJ EJ have the clear correlation
Attached Image (click to enlarge)
Click to Enlarge Name: Без имени-2 копия.jpg Size: 251 KB
  • #58,088
  • Sep 2, 2013 10:31pm Sep 2, 2013 10:31pm
AU Speculation

The notable activity since the Asian session began has been with two hard sell offs, so the MMs are bears. There are two AUD high impact releases in about an hour. Meanwhile, the MMs have stopped the drop. My speculation is, since they are bears, they might use the releases as an excuse to mount a bull drive back up, sucking in longs to give them the liquidity they need for more shorting. So, I am looking to see if this happens, and if it does then to see just how far up the bear MMs manage to push the price while sucking in longs. My gauge will be the FR study. A FR of 79-100% would be nice; a good opportunity for Commando Scout insertion to start a short trade.
Attached Image (click to enlarge)
Click to Enlarge Name: sept 2013 - 010.png Size: 56 KB
  • #58,089
  • Sep 2, 2013 11:28pm Sep 2, 2013 11:28pm
AU Long Trade: Entered long Scout #1. This is based only on my speculation that the MMs are bears (yes, bears) and they might push price up to suck in longs for liquidity for their ongoing shorting. I have no idea, if this happens, how high the price might be pushed, or even if it will happen. So, this is a wildly speculative trade, mostly out of boredom, in case they do push up the price.

Edit: TP reached and trade closed for 28 pips gained. Ok, I survived with my manhood intact. Next, let this finish playing out and look for a good place to start a short trade.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: sept 2013 - 011.png Size: 50 KB
Click to Enlarge Name: sept 2013 - 012.png Size: 52 KB
  • #58,090
  • Edited 11:49pm Sep 2, 2013 11:39pm | Edited 11:49pm
AU Short Trade: Entered short Scouts #1-2. This is based on,.....well read the preceding posts.
Edit: Added short Scouts #3-5. Added 2nd pic. Intend to keep adding if MMs continue pushing.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: sept 2013 - 013.png Size: 54 KB
Click to Enlarge Name: sept 2013 - 014.png Size: 55 KB
  • #58,091
  • Sep 2, 2013 11:42pm Sep 2, 2013 11:42pm
Quoting traderathome
AU Long Trade: Entered long Scout #1. This is based only on my speculation that the MMs are bears (yes, bears) and they might push price up to suck in longs for liquidity for their ongoing shorting. I have no idea, if this happens, how high the price might be pushed, or even if it will happen. So, this is a wildly speculative trade, mostly out of boredom, in case they do push up the price. Edit: TP reached and trade closed for 28 pips gained. Ok, I survived with my manhood intact. Next, let this finish playing out and look for a good place to start...
Hi prof TAH, Why do you say they are bears? Based on your chart, there was high vol buying near the pivot, shouldnt that make MMs bulls, pushing price down and accumulating with high vol?
  • #58,092
  • Sep 2, 2013 11:43pm Sep 2, 2013 11:43pm
Hey, trexy123! I see you are back. Looking for more free signals?
  • #58,093
  • Sep 2, 2013 11:50pm Sep 2, 2013 11:50pm
Quoting traderathome
Hey, trexy123! I see you are back. Looking for more free signals?
LOL
GBP-AUD Price broke Wedge support....
Attached Image (click to enlarge)
Click to Enlarge Name: gbp-aud broke wedge.PNG Size: 65 KB
Creditors have better memories than debtors.
  • #58,094
  • Sep 3, 2013 12:00am Sep 3, 2013 12:00am
Quoting zllz
{quote} Hi prof TAH, Why do you say they are bears? Based on your chart, there was high vol buying near the pivot, shouldnt that make MMs bulls, pushing price down and accumulating with high vol?
Read earlier post where I stated basis, and take another look at exactly where that high volume was!
  • #58,095
  • Sep 3, 2013 12:14am Sep 3, 2013 12:14am
Quoting traderathome
{quote} Read earlier post where I stated basis, and take another look at exactly where that high volume was!
Hi Prof TAH, sorry I am new to this, and having a hard time trying to draw on MT4 to post here. Hmm... I can see high vol at 3/99 (4am and 5am) pushing price down where bears take profit? And after that there was slow accumulation i supposed and the ihgh vol when news was released just. Could they have turned to bulls?
  • #58,096
  • Sep 3, 2013 12:24am Sep 3, 2013 12:24am
Quoting zllz
{quote} Hi Prof TAH, sorry I am new to this, and having a hard time trying to draw on MT4 to post here. Hmm... I can see high vol at 3/99 (4am and 5am) pushing price down where bears take profit? And after that there was slow accumulation i supposed and the ihgh vol when news was released just. Could they have turned to bulls?
Anything is possible, but I rather think they are bears building shorts, as I said. And any upside is to suck in longs for liquidity for building shorts, as I said. They were only temporary bulls, to make profit on the drive up to suck in longs, just as I was.
  • #58,097
  • Sep 3, 2013 12:52am Sep 3, 2013 12:52am
I have started building my short Aj yesterday. purely commando trade.
Short scout trade #1-2-3
Attached Image (click to enlarge)
Click to Enlarge Name: 2013-09-03_1048.png Size: 66 KB
Price Is The Best Indicator Itself.
  • #58,098
  • Sep 3, 2013 12:53am Sep 3, 2013 12:53am
Entered First short on AU. pure beauty and gap is waiting to be filled with some notable huge bars.
Attached Image (click to enlarge)
Click to Enlarge Name: 2013-09-03_1049.png Size: 56 KB
Price Is The Best Indicator Itself.
  • #58,099
  • Sep 3, 2013 1:02am Sep 3, 2013 1:02am
Another beauty: EU all Green
Attached Image (click to enlarge)
Click to Enlarge Name: eu.png Size: 80 KB
Price Is The Best Indicator Itself.
  • #58,100
  • Sep 3, 2013 1:02am Sep 3, 2013 1:02am
GM - I made an early sell in EurUsd.....will it break yesterday's low and head for 3140-50??

I'm looking ar UsdJpy for a continuation buy....
Trading Levels with WRBs
22 traders viewing now