Sonic R. System | Page 2927 | 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

  • #58,521
  • Sep 8, 2013 8:55am Sep 8, 2013 8:55am
Dear Muhammad Ezz,

You are asking questions that mostly relate to the TAH indicators/templates, for which complete instructions and user notes have been provided, if you will but follow the path outlined in Post#1. All your questions are already answered by way of very complete text that took quite an effort to provide. Now, you have to follow the trail to it, because we cannot repeat for every new person what we have already invested time to provide.

You have been advised to use the TAH indys/templates. Your choice if to do so, or not. But if you have questions on what you see on the charts of others that use them, you will need to read all about them yourself, even if you still choose to not use them.

Other questions will be answered as you take up reading of this thread. I recommend you read all of Post 1 and everything linked therein. Read the first 25-50 of Sonic's posts. Then start reading the thread since April 1, 2013. Consider this the textbook. And you are late to class. You need to catch up by reading.

Welcome!
  • #58,522
  • Sep 8, 2013 8:58am Sep 8, 2013 8:58am
Quoting astra
I am also using Armada Markets and definitely recommend it. In Big News time spread on the EU is only 0.7-0.9 p. Comission is also very low = 0.4 p. Under normal market conditions, the spread on the EU is between 0.2-0.4 p (+ 0.4 p comission).

Oh wow those are really tiny spreads How long you've been trading with this broker ? have you faced any problems like with the withdrawing thing ? ... thx in advance
So sorry for always replying late! But I got 2 Jobs!!
  • #58,523
  • Sep 8, 2013 9:01am Sep 8, 2013 9:01am
Quoting feinan
{quote} Yes you can! I may be on luck because when first i apply PVSRA these markets seems halfway to building and near the point to MM ran their profits, I did overtraded this week on UJ, i put massive order when they are pumping the price higher, already closed on breakeven, not a good trade. by the way TAH, can i know what time usually you active on trading? because i nearly 17hours everyday to monitor. its hard to find above 5 orders at one pair in a day.

feinan,

You and Msis125125, you two "girls" should probably get together......

When is my active trading? Frankly, it varies. I might be on-line, but inactive. Maybe just watching to see if the MMs provide better planting grounds. Using PVSRA leads to more "fluid" trading, less constricted to certain hours, although still most of the time the better moves are in the London session.
  • #58,524
  • Sep 8, 2013 9:03am Sep 8, 2013 9:03am
Quoting Muhammad Ezz
{quote} I know I'm asking about a post made approx. a month ago but this is for learning purposes ... What did you mean by the Quarter S/R Level ... Did you mean the first support level which is the first low which is midway between tp1 and tp6 on the chart ? .... Ezz
Quarter SR = 25 pips above a Whole number price level.
insanity: Doing the same thing over... and expecting different results -AE
  • #58,525
  • Sep 8, 2013 9:04am Sep 8, 2013 9:04am
Quoting traderathome
Dear Muhammad Ezz, You are asking questions that mostly relate to the TAH indicators/templates, for which complete instructions and user notes have been provided, if you will but follow the path outlined in Post#1. All your questions are already answered by way of very complete text that took quite an effort to provide. Now, you have to follow the trail to it, because we cannot repeat for every new person what we have already invested time to provide. You have been advised to use the TAH indys/templates. Your choice if to do so, or not. But if you...

Thanks for taking time to reply, Sir ... Actually that's what I'm doing right now ... I've started 4 days ago to read everything you mentioned but I'm short of time because I'm still a student so no lots of hours but I read daily for like continuous 2 hours ( all my free time ) and quoting just what seems hard for me to understand and not been discussed in the pdfs attached in this great thread. And yeah I'm dealing with this thread as a text book because I know how much effort you put in here, people ... God bless
So sorry for always replying late! But I got 2 Jobs!!
  • #58,526
  • Sep 8, 2013 9:07am Sep 8, 2013 9:07am
Quoting Muhammad Ezz
{quote} Reading the last month posts in here I noticed that you mention "Average price" frequently ... May I know what does it refer to ?
Average price refers to the weighted average price of all your currently opened positions in any pair. Weighted meaning you take into account your position sizes.
insanity: Doing the same thing over... and expecting different results -AE
  • #58,527
  • Sep 8, 2013 9:08am Sep 8, 2013 9:08am
Quoting qFish
{quote} Quarter SR = 25 pips above a Whole number price level.

Oh thanks GoldenFish
So sorry for always replying late! But I got 2 Jobs!!
  • #58,528
  • Edited 10:24am Sep 8, 2013 9:24am | Edited 10:24am
Quoting mykaelboy
Hello Sonicers, Opening week of September (2 Sept-6 Sept), I consider these the worse week of my Trading, I lost 10k of real money, its all my fault and my abuse of using my seeds........its a case of over trading. I thought 13k is enough to cover my trades using .05 ( 50 cents) per position. I have 150 positions in one time......my broker have to close some of my positions (margin call). what is left of my 13k is 3k.....so back to square 2.......over confidence and greediness was my downfall. Lesson learned: 1. Follow TAH Advice....ha ha, sori...
mykaelboy,

I have been there. Some advice? First, a bit of humor.

Humor
Losing money is ultimately therapeutic. Either you get more serious and stop losing it and diminish the problem, or you lose it all.....and your problem disappears althogether.

Advice
You are seriously wounded, but not out of the fight. Yet, you are not well enough to re-engage the enemy without first healing and rebuilding your strength. This is the way you must see it! What you can do now is to take $500 and put it into a different account with the broker. This is all you trade with until you increase it to $10,000. Punishment, but not dehabilitating punishment. This is constructive punishment that will force you to be exceedingly careful trading, very patient, first building from $500 to $1,000. You already know you can build to $10,000, but you tried to do it too fast. You trashed your PVSRA insurance policy. Then the hurricane struck! Next time you will not repeat that critical error. It was an error driven by impatience. You were impatient for more profits, so you took on more risk. This is exactly what the MMs want everyone to do! You sent in fat, bloated Commando Scouts that had insufficient reserves to back them up. The MMs attacked and slaughtered your Scouts. End of story.

What you need is to practice patience. Force yourself to work back up from $500, trading $0.10 pips and initially trading very few pairs and very few components. You will develop the habit of patience this way. I know of no better way to do so. So, now the question becomes whether or not you have enough vestiges of discipline to impose this upon yourself. You can probably do this within a year. So, are you willing to invest a year to develop the habit patience you will need to go on to greater success?

Do you hear what I am saying? Patience, not profits, is the first thing a trader must covet! Covet profits first and you will get greedy. Get greedy, and you will forgo patience and take on more risk. And the MMs will have you right where they want you! You will lose your money to them. Never, ever send in your Scouts without adequate reserves to back them up! Why do you think most traders, well over 90% of traders, lose their money? Impatience for profits! No focus on patience. All focus on profits. The result? Say "Goodbye." to your money. You must learn well the skill of patience. It comes way before profits, and it only becomes the habit it needs to be with longstanding repetition of proper patience being exercised.

Proper patience must be exercised for a long, long time to become the habit it needs to be for a trader to be successful. That is where your efforts now need to be. Forget big profits. Profits will come, and they will best come as the result of being a trader that habitually exercises proper patience. When you restart with $500, trade very, very light relative to that account size. It will eventually be $1,000. It will eventually be $10,000. Trading very, very light relative to account size is your insurance policy. It means having adequate reserves to back up the Scouts at risk. It means being able to weather the storms the MMs create to trash traders that have inadequate reserves! You have learned the truth of this now. And now you need to learn patience, what you thought you had, but really didn't because you put profits on a higher pedestal than common sense patience.

Okey, here it comes,.....mykaelboy. Do you want an example of real patience? Just look into your wife's eyes. She stands by you through this, with no guarantees you will do what you must! That is real patience. It's time to honor her, mykaelboy. You can do it. And all of us here will be for you as you do it!

And think about this. Success rarely comes easy. But each stepping stone into failure is really just a stepping stone along the path to success, when you are walking the right walk.

-tah
  • #58,529
  • Sep 8, 2013 10:38am Sep 8, 2013 10:38am
Quoting traderathome
{quote} mykaelboy, I have been there. Some advice? First, a bit of humor. Humor Losing money is ultimately therapeutic. Either you get more serious and stop losing it and diminish the problem, or you lose it all.....and your problem disappears althogether. Advice You are seriously wounded, but not out of the fight. Yet, you are not well enough to re-engage the enemy without first healing and rebuilding your strength. This is the way you must see it! What you can do now is to take $500 and put it into a different account with the broker. This is...
you sir are truly commando scouts general

and as for the patience, I argued with you about AU, and was right, but nothing big comes out of it as I had forgot to take my patience pills and all the profit was taken too early to embrace it... but I'm learning on my mistakes (hope so).
Pips in Wonderland
  • #58,530
  • Sep 8, 2013 10:45am Sep 8, 2013 10:45am
Quoting traderathome
{quote} mykaelboy, I have been there. Some advice? First, a bit of humor. Humor Losing money is ultimately therapeutic. Either you get more serious and stop losing it and diminish the problem, or you lose it all.....and your problem disappears althogether. Advice You are seriously wounded, but not out of the fight. Yet, you are not well enough to re-engage the enemy without first healing and rebuilding your strength. This is the way you must see it! What you can do now is to take $500 and put it into a different account with the broker. This is...
Thank you Tah! I'm sure mykaelboy is not the only person who profited from this post.

-qFish
insanity: Doing the same thing over... and expecting different results -AE
  • #58,531
  • Sep 8, 2013 11:01am Sep 8, 2013 11:01am
CAD-CHF- Has very nice potential for shorts MM BEARS Looking for some setups this week, lets hope there not running for profits so soon! We should be posting more charts! MM videos on Youtube #1-#9 Videos on Market Makers method i created a playlist for all the videos.
Attached Image (click to enlarge)
Click to Enlarge Name: cad-chf 9-8.PNG Size: 82 KB
Creditors have better memories than debtors.
  • #58,532
  • Sep 8, 2013 11:10am Sep 8, 2013 11:10am
Quoting arbinka
{quote} {quote} {quote} I have developed a monitor EA to assist me when trading the SoncR system. I’m using mt4gui dll (free available from fx1 Inc) to implement buttons functionality that normally is not available for mt4 terminals. The EA can also be set to automatically open new position with predefined interval. At the moment I have the following functions available: Automatically detect all open positions. Automatically calculate average entry price whenever a new position is detected. Show / Hide the monitor panels. Set TP / remove TP to all...
A wonderful contribution. Great effort and cheers. Just wondering whether you intend to develop this, a version 2 perhaps at some point...?
  • #58,533
  • Sep 8, 2013 11:23am Sep 8, 2013 11:23am
Quoting mykaelboy
Hello Sonicers, Opening week of September (2 Sept-6 Sept), I consider these the worse week of my Trading, I lost 10k of real money, its all my fault and my abuse of using my seeds........its a case of over trading. I thought 13k is enough to cover my trades using .05 ( 50 cents) per position. I have 150 positions in one time......my broker have to close some of my positions (margin call). what is left of my 13k is 3k.....so back to square 2.......over confidence and greediness was my downfall. Lesson learned: 1. Follow TAH Advice....ha ha, sori...
Way too exposed, think of it this way: at 150 positions of .05 lots you had the equivalent of one 7.5 lot trade open. With 13k equity that means a move of only 173.3 pips against you would destroy your account. We must resist the temptations of the crazy gains some people are claiming, doubling their account in an obviously unsustainable amount of time. I doubled mine in about 9 weeks and I think that is even way too fast. I think we should have room for something like a 1000 pip move against them, and have a game plan for when a large move happens (i.e. ready to take a loss). You won't double your account in 2 weeks, but it is much less likely that a move will destroy it.
  • #58,534
  • Sep 8, 2013 11:26am Sep 8, 2013 11:26am
Quoting ForexSwag
CAD-CHF- Has very nice potential for shorts MM BEARS Looking for some setups this week, lets hope there not running for profits so soon! We should be posting more charts! MM videos on Youtube #1-#9 Videos on Market Makers method i created a playlist for all the videos. {image}
Great chart. Don't you think that crosspairs are least to trade with Sonic R? Have you taken a trade?
  • #58,535
  • Sep 8, 2013 1:11pm Sep 8, 2013 1:11pm
after the last UC Tah analisys...

USDCAD: Well I must be mistaken. Where are my bulls? Now, I do not know.

I did analysis on H1, and saw bears until Thursday. After Wednesday, it all seemed bulls. Why? First, because I have much to learn. And second, because I did not realize that these bears were pending his "run for profits" or continue "building positions." Why bulls were to appear suddenly, without finishing the round of the bears?

Attached Image (click to enlarge)
Click to Enlarge Name: usdcadh1.png Size: 59 KB

Attached Image (click to enlarge)
Click to Enlarge Name: usdcadm15.png Size: 48 KB

Attached Image (click to enlarge)
Click to Enlarge Name: usdcadm1.png Size: 45 KB


The error is committed, however, I think this money management system to allow me not to go into losses, I guess with great care. On Monday will look for bears, to be sure, and perhaps the pullback to find best prices give me that opportunity, otherwise assume my losses, which are not many.


Of course I'm not proud, but I think it might work for someone for something.
Newbie trader
  • #58,536
  • Sep 8, 2013 1:42pm Sep 8, 2013 1:42pm
Quoting Islander
{quote} That's because it does not have any - you have to use the standard MT4 MA indicator. All of this has been explained before. Read every post so far this month and you will then know how to find the answers to your questions......
Hi Islander
I want this month trade on other acount your method with three dragons.
I read guide part I and II and I try set MT4 but is not all good.

Example. Your USDJPY M1
Attached Image (click to enlarge)
Click to Enlarge Name: UJ1min-islander.jpg Size: 83 KB


I set MA 120, 34, 500 and I have on My chart M1 - it is good!
Attached Image (click to enlarge)
Click to Enlarge Name: UJ1min-moj.jpg Size: 63 KB


But when I change TF my chart to M5 is diffrent. Dragons are change

Example
Your M5
Attached Image


My chart M5
Attached Image (click to enlarge)
Click to Enlarge Name: UJ5min-moj.jpg Size: 45 KB


Have you other setting for other TF
  • #58,537
  • Sep 8, 2013 1:56pm Sep 8, 2013 1:56pm
Quoting traderathome
PVSRA Results for 1st Twenty Three Weeks The following are the results of my trading the Sonic R. System using PVSRA to determine if it is a bull or bear market, and then trading the price action I see. Week ending 04/05 1289 pips gained, 7 trades totaling 19 parts (18 parts winners), averaging 67+ pips per each of all parts. Week ending 04/12 1891 pips gained, 9 trades totaling 28 parts (all parts winners), averaging 67+ pips per each of all parts. Week ending 04/19 2160 pips gained, 9 trades totaling 31 parts (29 parts winners), averaging 69+...
WHAT CAN WE SAY!
Undeniably PVSRA and great and exceptional

I still learning and will be learning.
Weakly I know English therefore this is going longer than other, but I do not surrender .
Thank You for your time and PATIENCE
  • #58,538
  • Sep 8, 2013 2:43pm Sep 8, 2013 2:43pm
Yen pairs will open with a large gap.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: UJ GAP Open.jpg Size: 89 KB
Click to Enlarge Name: Gap open coming Yen pairs.jpg Size: 90 KB
  • #58,539
  • Sep 8, 2013 2:51pm Sep 8, 2013 2:51pm
Quoting mykaelboy
Hello Sonicers, Opening week of September (2 Sept-6 Sept), I consider these the worse week of my Trading, I lost 10k of real money, its all my fault and my abuse of using my seeds........its a case of over trading. I thought 13k is enough to cover my trades using .05 ( 50 cents) per position. I have 150 positions in one time......my broker have to close some of my positions (margin call)...
mykaelboy, first you need a strategy that fits your personality and proved itself in practice for you. Keep in mind once you entered a position your main goals should be:
- decrease your initial risk
- remove your initial risk from your first position as soon as worth doing so (lock-in your profit)
- stay on the market without risk
- build your position without taking additional risks
- stay in position and maximize your reward as long as the trend lives
- if the trend goes against you, close your position
- increase your pay-off ratio
Mind the gap
  • #58,540
  • Sep 8, 2013 3:02pm Sep 8, 2013 3:02pm
Inserted Video


Bankers caught manipulating the FX markets.
33 traders viewing now