Sonic R. System | Page 3030 | 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

  • #60,581
  • Oct 4, 2013 5:47am Oct 4, 2013 5:47am
i loss 15pips GU and 10pips eurgbp today, still trying.

usdcad long 15pips SL

Attached Image (click to enlarge)
Click to Enlarge Name: usdcadm30oct.png Size: 38 KB
  • #60,582
  • Edited 7:03am Oct 4, 2013 6:22am | Edited 7:03am
Quoting sonicdeejay
Taken mini profit fr EJ n GU short.. Now.. EJ bull clawing back? Sonic

Attached Image
Inserted Video



Attached Image (click to enlarge)
Click to Enlarge Name: eurjpym15.png Size: 76 KB


Early to say told cha..


Friday will be boring without NFP.. taking thing slow..

Sonic
  • #60,583
  • Oct 4, 2013 7:06am Oct 4, 2013 7:06am
Soooo lazy day...
Whatever is obvious is obviously wrong!"
  • #60,584
  • Oct 4, 2013 7:36am Oct 4, 2013 7:36am
Found interesting place on UJ. Good example why is important to wait before taking the trade by sonic classic.
Attached Image (click to enlarge)
Click to Enlarge Name: usdjpy.armm15.png Size: 33 KB


Edit: yesterday's longs still opened..let see..
Whatever is obvious is obviously wrong!"
  • #60,585
  • Oct 4, 2013 8:00am Oct 4, 2013 8:00am
UJ - possible classic forming.
Attached Image (click to enlarge)
Click to Enlarge Name: usdjpy.armm15.png Size: 32 KB
Whatever is obvious is obviously wrong!"
  • #60,586
  • Oct 4, 2013 8:20am Oct 4, 2013 8:20am
Well the first week of October closes with some nice opportunities if you didn't sleep in! I managed a sweet 20% ROI even missing a few and bumbling an exit. On my chart you can see where I got interested in the market and placed my order, whereas on the second trade you can see 3 separate exits. The first one took off 50% of my trade, while the last two were 25% each. Had I stayed in the trade I COULD have gotten 20% right then, but no worries. This morning's short on the EURO got me plenty. I closed 50% and the rest is running from breakeven, so smoothly sailing into the weekend.

I have had such a string of profits my psyche is starting to get some DD jitters....it's just how I am.

http://i43.tinypic.com/2rel2ci.jpg
  • #60,587
  • Oct 4, 2013 8:22am Oct 4, 2013 8:22am
Quoting loeil
Found interesting place on UJ. Good example why is important to wait before taking the trade by sonic classic. {image} Edit: yesterday's longs still opened..let see..
PVSRA, UJ: Bull or Bear?

We can see that while highest volumes continue to come in at the significant lows, indicating bull market, the Dragon continues to be down or flat. Yes, the MMs are not yet ready for the bull run for profits.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: sept 2013 - 241.png Size: 67 KB
Click to Enlarge Name: usdjpy.armm15.png Size: 33 KB
  • #60,588
  • Oct 4, 2013 8:28am Oct 4, 2013 8:28am
Quoting lordofwolves
Well the first week of October closes with some nice opportunities if you didn't sleep in! I managed a sweet 20% ROI even missing a few and bumbling an exit. On my chart you can see where I got interested in the market and placed my order, whereas on the second trade you can see 3 separate exits. The first one took off 50% of my trade, while the last two were 25% each. Had I stayed in the trade I COULD have gotten 20% right then, but no worries. This morning's short on the EURO got me plenty. I closed 50% and the rest is running from breakeven,...
Nice trades
Whatever is obvious is obviously wrong!"
  • #60,589
  • Edited 9:05am Oct 4, 2013 8:53am | Edited 9:05am
Quoting traderathome
{quote} PVSRA, UJ: Bull or Bear? We can see that while highest volumes continue to come in at the significant lows, indicating bull market, the Dragon continues to be down or flat. Yes, the MMs are not yet ready for the bull run for profits. {image} {image}
Yes, looks like smart money started to buy.
Attached Image (click to enlarge)
Click to Enlarge Name: usdjpy.armm5.png Size: 29 KB


Possible profit area..
Attached Image (click to enlarge)
Click to Enlarge Name: usdjpy.armm15.png Size: 34 KB
Whatever is obvious is obviously wrong!"
  • #60,590
  • Oct 4, 2013 9:15am Oct 4, 2013 9:15am
Quoting traderathome
{quote} UJ Long Trade: Added long Scout #3 as the price started down on increasing activity. If it gets below whole number again, I think I might add another Scout. {image}
UJ Long Trade: Added long Scout #4 as once again the price went down on increasing activity. There is the consistency of highest activity at the lowest prices indicating the market is a bull because the price has been too many times at the lows with too much activity at the lows for the market to still be closing shorts. The TP is now tentative. I doubt it will be reached by the day end. Next week, depending on PA, it might need revision.
Attached Image (click to enlarge)
Click to Enlarge Name: sept 2013 - 242.png Size: 65 KB
  • #60,591
  • Oct 4, 2013 9:23am Oct 4, 2013 9:23am
Forgive me if I am mistaken loeil, but your charts show all kinds of volume going on at the 97.00 level and I see a lot of wicks with no absolute move from the range. Wouldn't this suggest some traders are propping price? I feel strongly about a dive there, especially since back on the 3rd when price reached up through the dragon and tagged the trendline, (for me a time to get excited) it never even came close to acting that way again. Also, in spite of all that buying volume, price continues to sag in the lower part of the range. I would miss this long opportunity, if it develops, because I would be searching for the short break some pips below 97.00.



Some have asked about the Sonic- R WIN/LOSS ratio. I have made 6 trades, then taken a loss... I have made 8 trades, then taken a loss. For September and October I have made 10 trades....no loss yet. I risk 10-15% of my account because I have been trading for years, so 10-25% ROI is fairly normal for good weeks. I have had 30% and 50% weeks as well. It would be dishonest to say I haven't had weeks where I saw no trades at all. You have to fine tune yourself to any system...and accept your own tolerance level as the ultimate INDICATOR.
Good trading!
  • #60,592
  • Oct 4, 2013 9:31am Oct 4, 2013 9:31am
Quoting lordofwolves
Forgive me if I am mistaken loeil, but your charts show all kinds of volume going on at the 97.00 level and I see a lot of wicks with no absolute move from the range. Wouldn't this suggest some traders are propping price? I feel strongly about a dive there, especially since back on the 3rd when price reached up through the dragon and tagged the trendline, (for me a time to get excited) it never even came close to acting that way again. Also, in spite of all that buying volume, price continues to sag in the lower part of the range. I would miss this...
All kind of volume, but look closer where is the highest volume. Highest volume is at lows and what does it mean? Smart money closing their shorts and opening longs.

Price has bounced support area 3 times with high volume.
Attached Image (click to enlarge)
Click to Enlarge Name: usdjpy.armm15.png Size: 30 KB
Whatever is obvious is obviously wrong!"
  • #60,593
  • Edited 9:52am Oct 4, 2013 9:35am | Edited 9:52am
PVSRA, UCad: Bull or Bear?

Something is up! Maybe the market knows something that is going to happen over the weekend, or early next week, because the MMs have been steadily working the price lower and lower on increased volume. The MMs are showing to be highly manipulating bulls right now, and there is no reason apparent at the moment.

The MMs love to build long below whole numbers (PVSRA).
Attached Image(s) (click to enlarge)
Click to Enlarge Name: sept 2013 - 243.png Size: 57 KB
Click to Enlarge Name: sept 2013 - 244.png Size: 57 KB
  • #60,594
  • Edited 10:09am Oct 4, 2013 9:58am | Edited 10:09am
Quoting traderathome
UCad Long Trade On H1 see that the price was dropped on very notable volume to two previous SR areas, while overall it is in an up trend starting with notable volume and with notable volumes at all significant lows or coming up off of lows. Note also that this current notable activity is happening below the half number SR, so PVSRA indicates bullish. Edit: Added long Scout #2 as price dropped to another SR level, while still in an up trend (pic. 2). {image} {image}
UCad Long Trade: Added long Scouts #3-7 based on various price moves down on increased volume while this is in an up trend on H1 (PVSRA). Adjusted TP.
Attached Image (click to enlarge)
Click to Enlarge Name: sept 2013 - 245.png Size: 58 KB
  • #60,595
  • Oct 4, 2013 10:06am Oct 4, 2013 10:06am
Quoting traderathome
EJ Long Trade: Entered long Scouts 1-3. This trade is based on the fact that when the price was dropped back below the whole number, the highest volumes appeared, which is PVSRA indicating this is still in the bull camp. Note, after entering Scout #1, PA was up and then dropped back below the whole number, again on highest volume, so Scouts #2 and #3 were added. {image}
EJ Long Trade: Entered long Scouts 4-11. Original long Scout #3 got wacked for a 30 pip loss while I had a SL on the trade. So the profit at TP and for the current P/L is -30 pips from that shown.
Attached Image (click to enlarge)
Click to Enlarge Name: sept 2013 - 246.png Size: 70 KB
  • #60,596
  • Oct 4, 2013 11:18am Oct 4, 2013 11:18am
Gold

See! Big governments are building their stockpiles of it. And to assist in doing that, they and the big banks work to control the price of gold, even to drive it lower so it encourages holders to sell so the governments and banks can get it for themselves, and the cheaper the better! Why? The day will come when the big governments and banks that control the price of gold will decide to reverse and drive the price ever higher again,.....once they've cornered the market.

It is a logical way for the big governments and banks, that suffer now as a result of the greed of the "Thieves of Wall Street", to get on better financial footing. Gold could go lower before it goes higher.

This is just the tip of the ice berg:
http://www.marketwatch.com/story/why...0-04?link=sfmw
  • #60,597
  • Oct 4, 2013 11:32am Oct 4, 2013 11:32am
Freaky Friday Fun!

So, down, down, down......build, build, build,......and now, on a Friday and after the London session closes, this is going to be pushed up for profits? It makes sense the bull MMs will pull off the start of their run for profits at some point,.....but now?

Well, let's see what follows. Maybe the MMs just want to give the shorts the "mental shits" over the weekend.
Attached Image (click to enlarge)
Click to Enlarge Name: sept 2013 - 247.png Size: 65 KB
  • #60,598
  • Oct 4, 2013 11:40am Oct 4, 2013 11:40am
Still have some drawdown on previous entries - but moving in the right direction

H.

Have a nice weekend.
Attached Image (click to enlarge)
Click to Enlarge Name: usdchfm30.png Size: 56 KB
"The future is already written in the past"
  • #60,599
  • Oct 4, 2013 12:02pm Oct 4, 2013 12:02pm
Quoting hansma
Still have some drawdown on previous entries - but moving in the right direction H. Have a nice weekend. {image}
Hansma,

You and me both, my friend. And yes, just look at the hammer on the Week chart! And just look at the volume associated with it! Price never made it to RWL, That is pretty conclusive the market is a bull considering all the negative things here, stateside, which are reason enough for the price to have gone lower. I think we will not only recover, but profit.

Look at the recent whopping gaps!
Attached Image (click to enlarge)
Click to Enlarge Name: sept 2013 - 248.png Size: 49 KB
  • #60,600
  • Oct 4, 2013 12:28pm Oct 4, 2013 12:28pm
Islander (or anyone else for that matter)

I am searchng through FF to see if there are indicators that operate on something closerf to 3 dragons. By that I mean they trigger (alert, arrow, email etc) when three moving averages and price line up. Its no use having alerts that work on 2 MA's crossing (although setting one MA to 1 give price crossing MA). What I am really looking for is an alert when 3 dragons criteria is met. ie at least three dragons all sloping right way and price have just crossed. I can see Islander spent some time in 2007 looking at alerts on MA's and I have his MA alert with chainsaws buzzing etc but am wondering about the next iteration as there are a lot of alarms going off and I would like to be more selective as I find I tend to slumber through these after a while, it's too much effort to get out the hammock... Whilst the perfect solution will not be in existence is there anything anyone has that comes close that we could modify? Answers on a postcard....

Of course if anyone is a keen programmer...

Meantime there were some cracking 3 dragons today. Whilst I caught a couple and came in positive pips I missed the big ones as I was not glued to my screen enough. An email alert however...
Attached Image (click to enlarge)
Click to Enlarge Name: Capture.JPG Size: 295 KB
Katte, kabuto no o wo shime yo. Size doesn't matter, leverage is the killer
28 traders viewing now