Sonic R. System | Page 3040 | 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

  • #60,781
  • Oct 9, 2013 11:43pm Oct 9, 2013 11:43pm
Interested to see how these pairs play out later today.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Screen Shot 2013-10-10 at 12.42.07 PM.png Size: 65 KB
Click to Enlarge Name: Screen Shot 2013-10-10 at 12.42.14 PM.png Size: 65 KB
Click to Enlarge Name: Screen Shot 2013-10-10 at 12.42.22 PM.png Size: 64 KB
Click to Enlarge Name: Screen Shot 2013-10-10 at 12.42.29 PM.png Size: 66 KB
  • #60,782
  • Oct 10, 2013 12:01am Oct 10, 2013 12:01am
Quoting jasakreatif
{quote} GU removed TP , lock at BE too {image}
Quoting jasakreatif
{quote} GU ep3 short {image}
ep 6 GU short

Attached Image (click to enlarge)
Click to Enlarge Name: gbpusdm3010ocxxx.png Size: 37 KB
  • #60,783
  • Oct 10, 2013 1:22am Oct 10, 2013 1:22am
GU - someone started to buy. We will see some fibo test and news can bring a needed power for that. Actually it's possible that LO will push the price up again and then they are using the news for down trend. Will see.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: gbpusd.armm15.png Size: 28 KB
Click to Enlarge Name: gbpusd.armh1.png Size: 30 KB
Whatever is obvious is obviously wrong!"
  • #60,784
  • Oct 10, 2013 1:53am Oct 10, 2013 1:53am
Quoting marvas
AUD/USD CLASSIC SHORT lets see how this plans out {image}
SHOW ME 3 RETAIL TRADERS WHO HAVE MADE A COMFORTABLE LIVING THIS YEAR.

MARVAS, ISNT IT SICK THAT 15 HRS AGO YOU POSTED THE AUD/USD SHORT....and its still in the same place. The Forex market this past 6 months has been anything but enjoyable. I can guarantee that the people who "were" making a living at it and are reduced to break even or slightly ahead or behind has gone up rediculously. And the guys we do not see here anymore who claimed for years they have been pros, where are they. I think the luckiest guys as a whole are the guys just using a demo or Frorex Explorer as they dont have to get ulcers over this market. I must admit, had Forex trading been like this when I first started, Id have stayed with Gold futures and equities trading. Even if you win, its worse than having a job. Lets hope this winter heats this market up. I remember when I used to tell people with such pride 1-"Im GOING to become a professional Forex Trader. 2-Then I went from that to Im winning and soon I WILL be a Pro Forex trader. -With the few sheckels I squeeze out per month, it might soon be...3-" I used to be a pro Forex Trader." "Oh so you lost all your money." No, I lost all my patience and enjoyment of even being in the game."

Show me 3 guys on this entire board that have made a living at Forex trading this year. You can be anything from a scalper to using daily charts to trade from. I make this claim: Winners, yeah we have some winners of course. Especially since this great Forum offers so much information. But the game has changed, the players on the banking side are getting old and dying, their replacements dont play the same game, and computers make up most of the volume now anyway. Equities, there will always be winners, but yu have to start with 20k or more,really. But the days of opening a $3000 account in Forex and turning it into______?????? are gone. As I said, will somebody, anybody show me 3 people who did not just come out ahead, but made a comfortable living this year that are not funds, but retail traders. OK...show me two people. Do I hear one for a start? -(
  • #60,785
  • Oct 10, 2013 2:06am Oct 10, 2013 2:06am
Quoting Silat50
{quote} SHOW ME 3 RETAIL TRADERS WHO HAVE MADE A COMFORTABLE LIVING THIS YEAR. MARVAS, ISNT IT SICK THAT 15 HRS AGO YOU POSTED THE AUD/USD SHORT....and its still in the same place. The Forex market this past 6 months has been anything but enjoyable. I can guarantee that the people who "were" making a living at it and are reduced to break even or slightly ahead or behind has gone up rediculously. And the guys we do not see here anymore who claimed for years they have been pros, where are they. I think the luckiest guys as a whole are the guys just...
Let everyone speak for themselves! You can always be somewhere else! No need to blame here. It's not the right thread for this.
Whatever is obvious is obviously wrong!"
  • #60,786
  • Oct 10, 2013 3:14am Oct 10, 2013 3:14am
A classic entry on GJ.
Attached Image (click to enlarge)
Click to Enlarge Name: Screen Shot 2013-10-10 at 4.15.02 PM.png Size: 68 KB
  • #60,787
  • Oct 10, 2013 3:39am Oct 10, 2013 3:39am
Quoting sonicdeejay
Some1 pls post EJ m15 n h4 here... I gonna sleep now.. will love to see 132.1x touch again.. Sonic
Dear master Sonicdeejay,

as you can see the EJ Price touches the 132.1x again.....
Attached Image (click to enlarge)
Click to Enlarge Name: Chart_EUR_JPY_15 Mins_snapshot.png Size: 42 KB
  • #60,788
  • Oct 10, 2013 3:43am Oct 10, 2013 3:43am
EU buy @1.3501

I think it is just a retracement, so I won't keep that trade very long..
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd.armm15.png Size: 30 KB
Whatever is obvious is obviously wrong!"
  • #60,789
  • Oct 10, 2013 3:49am Oct 10, 2013 3:49am
Quoting Andor
{quote} Dear master Sonicdeejay, as you can see the EJ Price touches the 132.1x again..... {image}
So it touched 132.1x and went above. Where do you reckon it will go now?
  • #60,790
  • Oct 10, 2013 4:07am Oct 10, 2013 4:07am
Hi Sonic,
Hi All,

This is my first post here...I'm a newbie to this trading world..stumble upon your thread and this marvelous system a couple of weeks ago. Since then. I've trying hard to catch up. Reading all the materials..post by post..Do some back test and demo trading for a week now and today when London market open, I've decided to let it go. Open 5 positions so far (EU, EJ, GC, GJ, and EG)..1 already closed and hit my TP with 33 pips (WOW!!) while the remaining 4 are still open. (3 already shows also 25+ pips while 1 in particular still struggling with minus pip).

Here is the 1rst closed trade (EJ) with 33 pips..

Attached Image (click to enlarge)
Click to Enlarge Name: eurjpy-m15-Oct10.png Size: 49 KB


Looking at this first day trade strongly raised up my confidence..one of my weakness is patience. As you've rightfully and repeatedly said that over and over again...
going forward, I will try to be more involved in this thread and please be patience with me...Lets get those pips!!

Cheers,
  • #60,791
  • Oct 10, 2013 4:14am Oct 10, 2013 4:14am
Quoting Silat50
{quote} SHOW ME 3 RETAIL TRADERS WHO HAVE MADE A COMFORTABLE LIVING THIS YEAR. MARVAS, ISNT IT SICK THAT 15 HRS AGO YOU POSTED THE AUD/USD SHORT....and its still in the same place. The Forex market this past 6 months has been anything but enjoyable. I can guarantee that the people who "were" making a living at it and are reduced to break even or slightly ahead or behind has gone up rediculously. And the guys we do not see here anymore who claimed for years they have been pros, where are they. I think the luckiest guys as a whole are the guys just...
I love what Sonic said 2 days ago, "Learn..Sonikers.. Learn..Knowledge:: No one can take it away from you...".

The fact is knowledge opens your mind to many possibilities.
  • #60,792
  • Oct 10, 2013 4:15am Oct 10, 2013 4:15am
Quoting Phoenix99
Hi Sonic, Hi All, This is my first post here...I'm a newbie to this trading world..stumble upon your thread and this marvelous system a couple of weeks ago. Since then. I've trying hard to catch up. Reading all the materials..post by post..Do some back test and demo trading for a week now and today when London market open, I've decided to let it go. Open 5 positions so far (EU, EJ, GC, GJ, and EG)..1 already closed and hit my TP with 33 pips (WOW!!) while the remaining 4 are still open. (3 already shows also 25+ pips while 1 in particular still...
First of all please go back to post1 and download the latest templates!
Whatever is obvious is obviously wrong!"
  • #60,793
  • Oct 10, 2013 4:19am Oct 10, 2013 4:19am
Quoting loeil
EJ - 61.8fibo held.. {image}
Ha ha first target reached still hold my longs..
Attached Image (click to enlarge)
Click to Enlarge Name: eurjpy.armh1.png Size: 33 KB
Whatever is obvious is obviously wrong!"
  • #60,794
  • Oct 10, 2013 4:23am Oct 10, 2013 4:23am
Quoting loeil
EU buy @1.3501 I think it is just a retracement, so I won't keep that trade very long.. {image}
I was late and took long at 1.3515 only (((((
Everything is possible!!! Step by Step...
  • #60,795
  • Oct 10, 2013 4:29am Oct 10, 2013 4:29am
Quoting DmitryFX
{quote} I was late and took long at 1.3515 only (((((
Actually I don't like to trade during retracement. It's better to wait the end of retracement. Just my opinion.

But as I see there was long opportunity on M1 for scalpers
Whatever is obvious is obviously wrong!"
  • #60,796
  • Oct 10, 2013 4:52am Oct 10, 2013 4:52am
Quoting sonicdeejay
Professor TAH.. Need ur view on it.. We have GU big news later today.. Sonic {image}
GU Comment

As Sonic said, big news in just about an hour from now.

This is tightly ranging. Scanning M1, M5 and M15 for PVSRA clues what I come up with is slim pickings due to the tight range. However, I do see on M5 and M15 that most recently, where price has risen and fallen, so has the volume. This is a clue the market is bearish, but the clues are too few to yield good confirmation. That high volume at the bottom yesterday might simply have been the result of profit taking by shorts ahead of these upcoming releases. That is not a bullish sign, just an exercise of caution by some with lots of shorts.

On H4 we see there is a gap to be filled. Might the market be overall still bears in anticipation of dropping price further, filling the gap? And another question. Are the MMs going to be tricky and spike the price up for better shorting before filling the gap?

All I can say is the trend is down and there are some (few and weak) hints the market is bearish. Having said that, I'd not rule out that the price could go back up before it goes lower, simply because the MMs are tricky bastards and you can't rule out their trickery.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: oct 2013 - 035.png Size: 62 KB
Click to Enlarge Name: oct 2013 - 036.png Size: 59 KB
  • #60,797
  • Oct 10, 2013 5:06am Oct 10, 2013 5:06am
Quoting traderathome
EJ Comment The MMs (Market Manipulators) are bulls now, imho. {image}
EJ Comment

42 hours later......told cha!
Attached Image(s) (click to enlarge)
Click to Enlarge Name: oct 2013 - 012.png Size: 68 KB
Click to Enlarge Name: oct 2013 - 037.png Size: 72 KB
  • #60,798
  • Oct 10, 2013 5:20am Oct 10, 2013 5:20am
Quoting loeil
{quote} First of all please go back to post1 and download the latest templates!
Hi Loeil,

I've tried it all of the available templates now in sense of my trade learning experience..actually, I think I've already use it for my other open chart
anyway..thanks for the tips

Cheers
  • #60,799
  • Edited 5:53am Oct 10, 2013 5:42am | Edited 5:53am
GU Comment

One more thing......

H4 shows a H&S. This is not news as I and another have already posted on this earlier. What I want to mention is that the Dragon is about to cross down thru the Trend on H4. If and when that happens it is a strong bear indication. The MMs have already pulled the price back up. That was the bear pullback in response to the Dragon crossing the Trend on H1. Now, it looks about to happen on H4, and there might be another pullback response by the bear MMs seeking higher prices to renew shorting. Also, USofA still has a week to go before the debt ceiling dead line,....plenty of time to hike the price while building shorts for a whopping run back down to fill the gap and complete the H&S later.

So, this is the case for anticipating a long setup, even though the MMs may very well be bears.

An alternative to this is the market might indeed take this lower, fill the gap but maybe not complete the H&S. Then next week run the price up on a nice and high pullback and wait for the USofA debt ceiling resolution. After that, then run it back down to complete the H&S. I like this scenario because it gives the MMs the most opportunities to gouge profits out of the market over all the political shenanigans that the Republican's circus of idiots is performing.
Attached Image (click to enlarge)
Click to Enlarge Name: oct 2013 - 038.png Size: 67 KB
  • #60,800
  • Oct 10, 2013 6:00am Oct 10, 2013 6:00am
Quoting sonicdeejay
Professor TAH.. Need ur view on it.. We have GU big news later today.. Sonic {image}
Have GU scout long..

Let t fire wok begins..
Sonic
42 traders viewing now