Sonic R. System | Page 3322 | 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

  • #66,421
  • Feb 27, 2014 11:15am Feb 27, 2014 11:15am
Quoting cigarguy
Hindsight, damn closed EU early missed about 60 pips from EP 01 and still running......... {image}
Which case is better? Be without that 60 pips than loss that 60 pips..Think about it.

And yes TAH's right, we NEVER know what the price do next.

It was little bit unexpected, but now it gives a new opportunity for adding shorts.
Whatever is obvious is obviously wrong!"
  • #66,422
  • Edited 11:35am Feb 27, 2014 11:20am | Edited 11:35am
Quoting ElectroGypsy
{quote} We always regret closing trades early, but remember: you've got to follow your system, and if for whatever reason your system isn't giving you a clear answer, play it safe. If you're taking good trades and closing them early, then you just have to improve on the "closing early part." But remember, you're still taking good trades
Take Profits!

There is nothing wrong with taking profits early. If the trade is good, and goes further, it will have afforded re-entry opportunities. The adage "Let your winners ride." is bull shit. Take profits. It strengthens your account. Re-enter if the trade is still good.

It is far better to give up a little profit by taking profits and re-entering. It not only more quickly strengthens your account, but it is far better than putting faith in the adage "Let your winners ride", and finding yourself sometimes riding them right back into losses after temporarily achieving very nice profits!

Take the profits. Re-enter on retraces if the move still looks like it has potential. And always watch like a hawk (example below).

-tah
Attached Image (click to enlarge)
Click to Enlarge Name: feb 2014 - 194.png Size: 66 KB
  • #66,423
  • Feb 27, 2014 11:22am Feb 27, 2014 11:22am
USDCHF - back in accumulation. Unexpected actually, so long accumulation and still nothing ..It's getting little bit boring..
Attached Image (click to enlarge)
Click to Enlarge Name: USDCHFH1.png Size: 52 KB
Whatever is obvious is obviously wrong!"
  • #66,424
  • Feb 27, 2014 11:24am Feb 27, 2014 11:24am
EURUSD

Short opened: notable increase of volumen above a hole number
Attached Image (click to enlarge)
Click to Enlarge Name: 7.PNG Size: 84 KB
  • #66,425
  • Feb 27, 2014 11:36am Feb 27, 2014 11:36am
Quoting loeil
{quote} Which case is better? Be without that 60 pips than loss that 60 pips..Think about it. And yes TAH's right, we NEVER know what the price do next. It was little bit unexpected, but now it gives a new opportunity for adding shorts.
Loeil,

Yes, for sure no big deal. Of course you and TAH are correct. I was just humbly venting with a touch of humor. Thanks for listening...... I feel better now.
Keep It Simple
  • #66,426
  • Feb 27, 2014 11:37am Feb 27, 2014 11:37am
Quoting traderathome
{quote} elcurioso, I said "...if..." You see, you still do not read very well. Simply put, this is another example of how we cannot know how price will move next. Which is the very reason I said "...if..." Now, if you persist in being obnoxious, I can have you removed from the thread. -tah
10+

You laugh at someone who has been harmed by Oanda-That's all right?
Why do you say that I am your nasty? Because I disagree with some of your analysis?
You will laugh at the misfortune of a man from the Oanda platform, but if I laugh at your ignorance, I'm nasty.
Now you threaten to kick me out of the thread. Go ahead, do it. I feel sorry for the sonicers because I can contribute much to this thread, if the dictator gives permission.
As I understand that you will not support my truths, I say goodbye beforehand sonicers all who want to improve their trade.
You threaten me out of the thread. Do not worry I'm going by myself.
May you be very happy!Goodbye!
Adaptarse es la clave
  • #66,427
  • Feb 27, 2014 11:38am Feb 27, 2014 11:38am
Quoting loeil
USDCHF - back in accumulation. Unexpected actually, so long accumulation and still nothing ..It's getting little bit boring.. {image}

I know right???

MM's stop playing games with my heart!
fxvps dot biz - Low latency, Low Cost & V. Fast FX VPS Servers - free trial
  • #66,428
  • Feb 27, 2014 11:47am Feb 27, 2014 11:47am
Quoting eaymon
{quote} I know right??? MM's stop playing games with my heart!
Trend Reversals in the Making?

"MM's stop playing games with my heart!" - eaymon

You probably have hit the nail squarely on the head, eaymon. Across many pairs, PA is getting most frustrating, up...down....up.....down, and going nowhere!

This is, I believe, the sign that the MMs and big money are attempting to switch. Trend reversals could be in the making, before our very eyes. And folks with right side trades are driven nuts, because the MMs won't start any serious runs for profits, not until they have switched and until they have done their best to fill the orders of "Big Money" that is trying to close positions at great profit, and then open opposite positions, all without the price going anywhere. Hence, the ranging.

And, if right side traders simply give up out of boredom, all the better for the MMs!

Yes, it is frustrating.

-tah
  • #66,429
  • Feb 27, 2014 11:50am Feb 27, 2014 11:50am
Todays Takings around 600pips@ 1 lot
Attached Image(s) (click to enlarge)
Click to Enlarge Name: audusdm15.png Size: 98 KB
Click to Enlarge Name: euraudm15.png Size: 94 KB
Click to Enlarge Name: eurgbpm15.png Size: 84 KB
Click to Enlarge Name: eurjpym15.png Size: 86 KB
Click to Enlarge Name: eurusdm15.png Size: 95 KB
Click to Enlarge Name: gbpjpym15.png Size: 104 KB
Click to Enlarge Name: gbpusdm15.png Size: 103 KB
Click to Enlarge Name: usdcadm15.png Size: 89 KB
Click to Enlarge Name: usdjpym15.png Size: 88 KB
There is no spoon....
  • #66,430
  • Feb 27, 2014 12:01pm Feb 27, 2014 12:01pm
EU - short. Grabbed some shorts, hope it is pullback. If not I'm ready to add more shorts. Will see..
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDH4.png Size: 53 KB
Whatever is obvious is obviously wrong!"
  • #66,431
  • Edited 7:19pm Feb 27, 2014 12:26pm | Edited 7:19pm
Quoting loeil
EU - short. Grabbed some shorts, hope it is pullback. If not I'm ready to add more shorts. Will see.. {image}

I'm with you on this one after this AM's run up. We'll see if it heads for around 1.3600 that RWL area per our earlier posts.
Attached Image (click to enlarge)
Click to Enlarge Name: eurusdim15.png Size: 101 KB
Keep It Simple
  • #66,432
  • Feb 27, 2014 1:26pm Feb 27, 2014 1:26pm
Quoting traderathome
{quote} Trend Reversals in the Making? "MM's stop playing games with my heart!" - eaymon You probably have hit the nail squarely on the head, eaymon. Across many pairs, PA is getting most frustrating, up...down....up.....down, and going nowhere! This is, I believe, the sign that the MMs and big money are attempting to switch. Trend reversals could be in the making, before our very eyes. And folks with right side trades are driven nuts, because the MMs won't start any serious runs for profits, not until they have switched and until they have done...
lol... boredom as a strategy, i might try that in the office space...
fxvps dot biz - Low latency, Low Cost & V. Fast FX VPS Servers - free trial
  • #66,433
  • Feb 27, 2014 1:30pm Feb 27, 2014 1:30pm
Update on Our Upgraded Indicators

Sonicers,

As you know, our indicators have been upgraded. They were to be released this month (February 2014). Unfortunately, Feb 3, 2014 was the date that will go down in infamy as the date the greedy, uncaring MetaQuotes outfit forced upon us their new MT4 Build 600. MetaQuotes assured all that there would be no significant problems with the world of MT4 indicators running on this new platform. They lied. The lied to every user of MT4 around the world, and didn't care that they were lying. They only care about forcing the new platform into use so they can make profits from their "Store".

As a result, all of the upgraded indicators had to go into the emergency ward for surgery.

I small group of folks stepped up to the plate to offer their skills as surgeons. As a result of their work, I am pleased to say it looks like our indicators have been made well. In their current state, they pass the Build 600 compile "test" without errors, without warnings, and with all functions apparently working as they should.

I know that many of you are struggling with the botched up way the new MT4 runs our last released indicators (linked in post #1). I would like to post the new ones right away, but the priority has always been quality. To assure quality, these indicators just out of surgery are going to be field tested for a short while longer, in an attempt to be sure of them before releasing them. So, please be understanding and continue to be patient. I guarantee that you will all love the new features these indicators have, and I want to be sure everything is working properly for you.

-tah
  • #66,434
  • Feb 27, 2014 1:34pm Feb 27, 2014 1:34pm
Quoting traderathome
Update on Our Upgraded Indicators Sonicers, As you know, our indicators have been upgraded. They were to be released this month (February 2014). Unfortunately, Feb 3, 2014 was the date that will go down in infamy as the date the greedy, uncaring MetaQuotes outfit forced upon us their new MT4 Build 600. MetaQuotes assured all that there would be no significant problems with the world of MT4 indicators running on this new platform. They lied. The lied to every user of MT4 around the world, and didn't care that they were lying. They only care about...
TAH, thanks for the update and hard work put in by all the Sonic Team Members. I remember the effort that you Cobra, Miss Pips and others put into the indicators on the other thread, but nothing like this.
Keep It Simple
  • #66,435
  • Edited 2:25pm Feb 27, 2014 1:42pm | Edited 2:25pm
NU Comment

Sonicers,

The DAY chart current candle just went most notable, green, due to the MMs pushing the price back up today towards the upper whole number,....again!

This now takes the obvious form of a Double Top, and with both the down and the back up moves sporting notable volumes. This up/down price action is no different because it is on the DAY chart than it would be if it were on M15, or any other TF chart. It is the method the MMs use to switch positions, in this case, closing longs at maximum profits and building their short position,....all without letting the price drop too much, lest that scare off the longs which are needed to provide the liquidity the MMs need in order to pull this all off.

We cannot know how price will move next, but this might be an excellent pair to start stalking for some nice short trading once the dust up here settles down. Time will tell.

BTW, note that there is a NZD high impact coming at the open of the next Asian session.

-tah
Attached Image (click to enlarge)
Click to Enlarge Name: feb 2014 - 195.png Size: 65 KB
  • #66,436
  • Feb 27, 2014 2:38pm Feb 27, 2014 2:38pm
I really hope the wack down starts... first entry on this scout was 4th Feb.

Tah, do you have any idea what´s the average time you have trades open using scouts?

Because I feel like I entered too soon.. :\
Attached Image (click to enlarge)
Click to Enlarge Name: nzdusd27_2_2014.png Size: 39 KB
Dificult things take longer, Imposible ones just take a bit more
  • #66,437
  • Feb 27, 2014 5:37pm Feb 27, 2014 5:37pm
So i had a question...

Is there any way to identify how long you are likely to be in a trade?

We identify everything else, PA, S+R, V, why not longevity of a trade?

We cannot predict how long we have to be in a trade to make it work.. but it might help in the decision of how much we risk to make it happen... and when to get out to still have available to trade.

AU was an excellent example of this, for the last week or two you have been accumulating shorts on this trade, and in the middle you decided to go long.

- shorting AU was 2 weeks, thus requiring a slower drip of lots
- going long on AU was a matter of half a day allowing you to get in and out with a larger lot size
fxvps dot biz - Low latency, Low Cost & V. Fast FX VPS Servers - free trial
  • #66,438
  • Feb 27, 2014 7:21pm Feb 27, 2014 7:21pm
Quoting cigarguy
{quote} I'm with you on this one after this AM's run up. We'll see if it heads for around 1.3600 that RWL area per our earlier posts. {image}
Closed my EU short scout for small profit. Trade stalled and don't want to leave it on over night. Live to fight another day
Keep It Simple
  • #66,439
  • Feb 27, 2014 7:56pm Feb 27, 2014 7:56pm
Quoting traderathome
UCad Short Trade Opened: Entered short #1, Scout. MMs went on a sudden and frenzied pump of the price above the whole number, culminating in notable volume, ahead of the USD high impact release in less than 1.5 hours. Looking to add more if I like PA, maybe if the MMs pump it to DR2 area. {image} {image}
UCad Short Trade Closed:

Manually closed for 56.4 pips gain. I entered short #2, Scout, after initial posting. PA might start down now, but maybe not. I am tired of this one and have less confidence in it than in others.
Attached Image (click to enlarge)
Click to Enlarge Name: feb 2014 - 196.png Size: 58 KB
  • #66,440
  • Edited 10:28pm Feb 27, 2014 8:05pm | Edited 10:28pm
Quoting traderathome
AU Long Trade Opened: Entered long #1, Scout. After closing the previous long trade, I see the move down as a retracement by the MMs to reload longs. No TP yet. {image}
AU Long Trade Update:

Added long #2, Scout, on second price retrace in direction of trade. Set TP.
Added long #3, Scout, as MMs whacked the price back down to half number. Adjusted TP.
Attached Image (click to enlarge)
Click to Enlarge Name: feb 2014 - 201.png Size: 67 KB
133 traders viewing now