Sonic R. System | Page 3046 | 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

  • #60,901
  • Oct 14, 2013 6:13am Oct 14, 2013 6:13am
Quoting sonicdeejay
Seeing some foot print in GU.. Sonic

Attached Image


Get Back...


Told cha..

Inserted Video



Attached Image (click to enlarge)
Click to Enlarge Name: gbpusdm15.png Size: 72 KB


Sonic
  • #60,902
  • Oct 14, 2013 7:00am Oct 14, 2013 7:00am
Inserted Video


Something coming up..

Attached Image (click to enlarge)
Click to Enlarge Name: gbpusdm1.png Size: 61 KB




Sonic
  • #60,903
  • Oct 14, 2013 7:01am Oct 14, 2013 7:01am
Quoting Chest2Tank
{quote} {image} This may be a short term short for me, but you can see my entry.
thanks for the chart, chest , technically i interested with your daily chart , zoom in

Attached Image (click to enlarge)
Click to Enlarge Name: chest2tank.JPG Size: 96 KB
  • #60,904
  • Oct 14, 2013 7:19am Oct 14, 2013 7:19am
Quoting sonicdeejay
http://www.youtube.com/watch?v=io_pXLtY0R0 Something coming up.. {image} Sonic
Hey boss,

I have been reviewing your first posts and came across this quote from your pdf Secret of Sonic R:

In words, Sonic R is basically trading in Hammer and Bullish engulfing bars D1 TF/H4 TF by
looking for an entry M15 TF. That make Sonic R set up the highly profiable ones.

Would you say is this still a valid statement or would you say a lot has changed over the years?
  • #60,905
  • Oct 14, 2013 7:35am Oct 14, 2013 7:35am
Quoting mtrader123
{quote} Hey boss, I have been reviewing your first posts and came across this quote from your pdf Secret of Sonic R: In words, Sonic R is basically trading in Hammer and Bullish engulfing bars D1 TF/H4 TF by looking for an entry M15 TF. That make Sonic R set up the highly profiable ones. Would you say is this still a valid statement or would you say a lot has changed over the years?
Yes,,, One more Sonikers get it..


Attached Image



Sonic
  • #60,906
  • Oct 14, 2013 7:43am Oct 14, 2013 7:43am
Quoting sonicdeejay
{quote} Yes,,, One more Sonikers get it.. {image} Sonic
OMG Master Sonic, you're right MMs are bulls.

Keep buying at low.
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusdm1.png Size: 90 KB
  • #60,907
  • Oct 14, 2013 7:59am Oct 14, 2013 7:59am
Quoting sonicdeejay
http://www.youtube.com/watch?v=io_pXLtY0R0 Something coming up.. {image} Sonic


master..u are incredible!!!


Please, explain your chart view with some words....

you search for significant volumes above the dragon?
  • #60,908
  • Oct 14, 2013 8:00am Oct 14, 2013 8:00am
I am looking at the last one now..




Sonic
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusdm1.png Size: 51 KB
  • #60,909
  • Oct 14, 2013 8:22am Oct 14, 2013 8:22am
GU - it doesn't look like bulls not at all. I see strong bears on there. And btw H&S pattern still valid on H4.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: gbpusd.armh4.png Size: 28 KB
Click to Enlarge Name: gbpusd.armm1.png Size: 23 KB
Whatever is obvious is obviously wrong!"
  • #60,910
  • Oct 14, 2013 8:30am Oct 14, 2013 8:30am
Quoting sonicdeejay
{quote} Yes,,, One more Sonikers get it.. {image} Sonic
Engulfing on H4. Question is, how much further? Was this a great push to get price back above whole number for resumption of short building, or will the price continue to be pushed up. The range today so far is a meager 60 pips! And the push up was on lousy volume, but that might be due to US bank holiday.

My thinking is the market is simply hiking the price on low volume to attain higher price area for resumption of shorting.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: oct 2013 - 055.png Size: 50 KB
Click to Enlarge Name: oct 2013 - 056.png Size: 62 KB
  • #60,911
  • Oct 14, 2013 8:33am Oct 14, 2013 8:33am
Quoting traderathome
{quote} Engulfing on H4. Question is, how much further? Was this a great push to get price back above whole number for resumption of short building, or will the price continue to be pushed up. The range today so far is a meager 60 pips! And the push up was on lousy volume, but that might be due to US bank holiday. My thinking is the market is simply hiking the price on low volume to attain higher price area for resumption of shorting. {image} {image}
Another example of different candles..
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd.armh4.png Size: 24 KB
Whatever is obvious is obviously wrong!"
  • #60,912
  • Oct 14, 2013 8:50am Oct 14, 2013 8:50am
PVSRA, GU: Bull or Bear?

Bear.

Examine the volume today and you can see that it was light until the London open, then higher volume as the selling started. Then "stop the drop" volume and the price was worked back up, on declining volume! Volume was expended on the continuation of the pump at the US open, but the highest volume resumed once the price hit the highs around the whole number and above! One can reason that even the high volume on the pump was while the MMs were sucking in longs and taking the short side.

Yes, Bear.
Attached Image (click to enlarge)
Click to Enlarge Name: oct 2013 - 057.png Size: 56 KB
  • #60,913
  • Oct 14, 2013 9:34am Oct 14, 2013 9:34am
I have found this article on internet somewhere, read it, it is very interesting to me hope you all like this..

A Letter from God to Forex Traders!


I am very delighted and pleased to write to you because you forex traders are among those of my people who call me and pray a lot specially when the market goes against your positions. Please keep in your mind that at the same time that the market goes against your positions and you start praying and asking me to turn around the price to your favourite direction, there are a lot of other people who have taken the right position and are happy with the money the market is making for them. Most of them keep on saying “Thanks God!” and ask me to move the market more and more.

Whom should I listen to? What would you do if you were me? Would you suddenly change the direction of the market to please those who were losing or you would force the market to keep on moving on the same direction to please those who were making money?

I don’t do either. I have created and organized everything with its own rules and regulations. Everything, from the smallest particles in atom’s nucleus to the biggest galaxies and stars are moving and behaving through following the rules and regulations that I placed in their structures and systems at the very first moment I created them. They know what to do because they follow the rules. They use the initial source of energy I gave them. Electrons, planets, stars and… know their own orbit and pathway very well. They don’t ask about their direction and destiny everyday. I have already told them what to do.

When a bird wants to go and find some food and at the same time it starts raining, that bird doesn’t ask me to stop the rain, because he/she knows that it starts raining exactly when it is time to. It is the bird who has to adopt himself to the nature and its rules. Nature and its rules can not be changed just to please a bird.

It is the same with forex market and all other things. If you like to make money through forex trading, you have to learn and follow the forex market rules. Market doesn’t follow you. You have to follow the market. If you took a position and the market went against you, don’t ask me to return it because I don’t listen. Even if Jesus takes a wrong position, I don’t care because it is his own fault. He also has to know the forex trading rules and techniques if he wants to become a forex trader.

If you blew up your account because of your own ignorance and because you didn’t know how much money you would have to put in each trade, don’t blame me and don’t say that I don’t like you and why the others make money but you only lose. It is not my fault. I don’t make any exception. I love everybody. Everybody who follows the rules will be prosperous. Those who try to go against the rules will suffer.

I never forget those days that the market went against you and you prayed for it to be returned and it returned (not because I made it return for you but because it was the right time to return). You recovered your loss and suddenly forgot about me. You forgot that you were begging me to return the price for you. You repeated that if I returned the price just once, you would promise that you would never ever make any more mistake and you would follow the rules. But as soon as the price returned and you recovered your loss, you forgot me and your promise and started repeating the same mistakes over and over. Instead of being like that, just learn the rules and techniques.

Keep in your mind that I am the only one who makes no mistake. Even if you learn all the rules and techniques and you gain several years of experience, you can still make mistake. But it is ok. There is something which is called stop loss. It is one of the most important things in everything. I have placed a lot of different stop losses in nature too. For example your body cells know that when something goes wrong with them and they are not able to control a bad condition, they have to pack all their internal organs and substances and “stop” all activities and biochemical reactions to avoid hurting the other cells. Those cells that ignore this rule become converted to cancerous cells. Of course they ignore it when it is time to ignore and when it is time for you to come here but if you don’t like to lose all the money that you have in your account just because of one mistake, never ever ignore placing a reasonable stop loss and when you made sure that your stop loss is in the right position, never ever move it when you see the price gets close to it.

Lastly, if you succeeded to make money through forex trading or any other kind of businesses, try to spend a portion of your income for charitable purposes every month. Don’t say “I pay tax.”. Most of the tax that you pay are spent to make deathful weapons to kill innocent people around the world. Or it is spent to make some crooks richer. Most of those who really need to be supported and paid have never been paid and supported through the tax that you pay. I know it is not your fault but it is still your responsibility to take care of those who need your help. Although I don’t listen to you when you ask me to return the price to your favorite direction when it goes against you, if you help poor people with the money that you make, I help you to become a good forex trader who knows and follows the forex trading rules as soon as possible. I never forget those who don’t forget me and I help those who help the others for the sake of me. Take care of the others and I take care of you. I assure you that if you help the others I don’t let you down and I will be there for you at the moment that no one can help you but me.

Very truly yours,
God
If opportunity doesn't knock, build a door...
  • #60,914
  • Oct 14, 2013 9:42am Oct 14, 2013 9:42am
Quoting khanahesan
I have found this article on internet somewhere, read it, it is very interesting to me hope you all like this.. A Letter from God to Forex Traders! I am very delighted and pleased to write to you because you forex traders are among those of my people who call me and pray a lot specially when the market goes against your positions. Please keep in your mind that at the same time that the market goes against your positions and you start praying and asking me to turn around the price to your favourite direction, there are a lot of other people who have...
Whatever is obvious is obviously wrong!"
  • #60,915
  • Oct 14, 2013 9:56am Oct 14, 2013 9:56am
Hi TAH,

I love your work. You are doing an amazing job with your analysis- a question for you - do you consider current trend or you will take a counter trend position also? For example, GU trend is clearly down, so does that play into your analysis?

Thanks!


Quoting traderathome
PVSRA, GU: Bull or Bear? Bear. Examine the volume today and you can see that it was light until the London open, then higher volume as the selling started. Then "stop the drop" volume and the price was worked back up, on declining volume! Volume was expended on the continuation of the pump at the US open, but the highest volume resumed once the price hit the highs around the whole number and above! One can reason that even the high volume on the pump was while the MMs were sucking in longs and taking the short side. Yes, Bear. {image}
Its all in the mind.
  • #60,916
  • Edited 10:37am Oct 14, 2013 10:26am | Edited 10:37am
Quoting traderathome
PVSRA, GU: Bull or Bear? Bear. Examine the volume today and you can see that it was light until the London open, then higher volume as the selling started. Then "stop the drop" volume and the price was worked back up, on declining volume! Volume was expended on the continuation of the pump at the US open, but the highest volume resumed once the price hit the highs around the whole number and above! One can reason that even the high volume on the pump was while the MMs were sucking in longs and taking the short side. Yes, Bear. {image}
Quoting 5abi
Hi TAH, I love your work. You are doing an amazing job with your analysis- a question for you - do you consider current trend or you will take a counter trend position also? For example, GU trend is clearly down, so does that play into your analysis? Thanks! {quote}
PVSRA


I do look at the longer term trend, but with a keen eye to see if the most recent notable volumes support that longer term trend, or are now going against it. If they support the longer term trend then fine, and I'd be looking for entries with that trend. If they do not support the longer term trend then I'd be looking for more confirmation for a counter trend trade.

For me, PVSRA is the key, because it brings price action, volume and support & resistance all together in one analysis, but which is heavily weighted on notable volumes because price action, even around S&R, is meaningless without notable volume.

Also, understand that I and everyone here knows what forex "volume" is and isn't, but that it is adequate for our purpose.

-tah
Attached Image (click to enlarge)
Click to Enlarge Name: oct 2013 - 058.png Size: 56 KB
  • #60,917
  • Oct 14, 2013 10:48am Oct 14, 2013 10:48am
Quoting traderathome
UJ Long Trade: Entered long Scout #1. This is in a strong up trend (H1). Last Friday, with the Double Top on M15, I closed my long trade for good profit. I see this new week gap down, followed by the price being taken even lower, followed by notable activity as the price rose from the lows, as being bullish. Since I do not know if the lows will be revisited, I have made an entry here. If the lows (or lower) are revisited later, and if at that time things still look bullish (PVSRA), then I might add to this long trade. {image}
UJ Long Trade Update:

Added Scout long #2 via preset order should price drop, which it did. I still have two others, lower, and it looks like it they will not trigger. Set TP and SL, both tentative. You can now see price made a good base at pivot SR1 with notable volume down there and coming back up from there.
Attached Image (click to enlarge)
Click to Enlarge Name: oct 2013 - 059.png Size: 57 KB
  • #60,918
  • Oct 14, 2013 11:51am Oct 14, 2013 11:51am
There were a number of three dragons opportunities. Here is the action as I saw it on GU. I managed to make my daily target here and parallel positions but made heavy weather of what should have been alot easier. In my post match report to myself I decided:


Could do better. Lessons learnt:

 

  1. Run profit when entry is good and wait for exit signal at S&R points
  2. LO and NYO always yield something (may not be in first 15 mins)
  3. Stop watching daily target. The only reason I exited the afternoon positions was I thought I had reached target but ended missing by a pip or three only to have to make up the difference in a pip grab later.
  4. The market shall provide.

Edit:

I should add BLACK is what should have done. Red is what did. TAR is my trader accuracy ratio - just gives me a feel for how disciplined I am (not).

Attached Image (click to enlarge)
Click to Enlarge Name: Capture.JPG Size: 309 KB
Katte, kabuto no o wo shime yo. Size doesn't matter, leverage is the killer
  • #60,919
  • Oct 14, 2013 3:03pm Oct 14, 2013 3:03pm
AU - someone started to sell. So I too.
Attached Image (click to enlarge)
Click to Enlarge Name: audusd.armm15.png Size: 28 KB
Whatever is obvious is obviously wrong!"
  • #60,920
  • Oct 14, 2013 5:07pm Oct 14, 2013 5:07pm
Quoting khanahesan
I have found this article on internet somewhere, read it, it is very interesting to me hope you all like this.. A Letter from God to Forex Traders! I am very delighted and pleased to write to you because you forex traders are among those of my people who call me and pray a lot specially when the market goes against your positions. Please keep in your mind that at the same time that the market goes against your positions and you start praying and asking me to turn around the price to your favourite direction, there are a lot of other people who have...
What a horses**t! Do not implement God in the human affairs, as you have no idea what are talking about, buy making money on forex you STEAL them elsewhere from else who! Posting this is way below LOW! Think of it, next time you post something like that!
There is no spoon....
219 traders viewing now