Sonic R. System | Page 3342 | 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

  • #66,821
  • Edited 3:50am Mar 6, 2014 3:39am | Edited 3:50am
Added scout #2 as price made it through the 1/2 number. So far this trade is purely a PVSRA one without a Classic Sonic R. wave having formed yet.
Attached Image (click to enlarge)
Click to Enlarge Name: nu2ndscout.png Size: 53 KB

Edit: Highlighted areas showing MM's are bears.
  • #66,822
  • Mar 6, 2014 3:53am Mar 6, 2014 3:53am
Quoting Bernhard
Hi Sonicers and TAH I was read all the pdf and were following your thread for last week. Fantastic results you have! Its now over a year I am learning forex but my numbers are still in the red, hope it will now change with your system. Still I am missing some point. Did I understand right that it doesn't matter if it is red or green volume as long as it is over/under the 4/2/round number, to detect if MMs are bulls or bears? And one question more. What is you experience how long MMs hold on to be bulls or bears until they may change direction? Is...
Bernhard, it's good that you appreciate and want to know about the Sonic system, technically. Knowledge does not take place. But believe me, it will not put the numbers in green.
Change system will only change their numbers if that system goes with your personality.
You tried to change your emotional control before changing the system?
Everyone knows that there is no holy grail in trading unless you consider that the emotional control, capital management and discipline.

The technical part of your question rather than answer another, if necessary, because I have my personal vision of Sonic system.
Adaptarse es la clave
  • #66,823
  • Edited 4:21am Mar 6, 2014 3:55am | Edited 4:21am
Quoting Bernhard
Hi Sonicers and TAH I was read all the pdf and were following your thread for last week. Fantastic results you have! Its now over a year I am learning forex but my numbers are still in the red, hope it will now change with your system. Still I am missing some point. Did I understand right that it doesn't matter if it is red or green volume as long as it is over/under the 4/2/round number, to detect if MMs are bulls or bears? And one question more. What is you experience how long MMs hold on to be bulls or bears until they may change direction? Is...
Understand your concern but I have to say you are on the wrong way.

Forget those red and green colors for a second. MMs doesn't trade by colors!

The first thing you should look is VOLUME! High volume is that what tells us something is going on. High volume means that MMs are very active. But high volume can mean 2 things:
1. MMs transitioning money to markup/markdown phase
2. Herds jumping to short/long but MMs already taking profit and buying/selling those herds trades and getting ready to accumulate.

Now how do you know which one MMs do?

Now comes the part where you are looking the price action.
Lets imagine you see high volume down bar. Is this case 1 or case 2?
Answer is you don't know that until you haven't looked what price is doing after that high volume down bar. If price stopped, probably MMs starting to buy all the herds shorts, because we know that all the herds jumped to short after that big down bar. So MMs buying those shorts and getting ready for accumulation. High volume down bar what stopped the price means that there is selling and buying both. But it doesn't mean that price reverse right now, no accumulation taking time. But you see that price is stopping or ranging, this means that there is balance between buying and selling - herds selling and MMs buying. If there is a balance in the market, price won't move, price can only move if there is imbalance in the market and imbalance is needed to getting out from accumulation phase. So MMs have to buy the herds shorts until all the shorts are out of MMs way.

What makes decide easier is support&resistance. You saw high volume, now look where the price is. Is there any support or resistance area?

Another example for you:
Imagine that price goes up on very high volume and meets resistance. What it means? Does it mean reverse is coming or price goes on the same way? You don't know until you haven't looked what price is doing next. High volume there tells you that some sort of supply came in. Now what MMs do? They need to test the market, how many selling and buying there are, so MMs let the price to fall, herds are seeing that and jumping to short, but actually MMs won't sell there, they just testing. This is how retracements come up. And now is the same situation as in the first example. MMs take herds shorts, price is stopping for a while and then continues the way up.

So what I want to say, market is full of different clues, your job is reading those clues. If some pairs are too messed up and you don't find any clue, take another pair. Don't try to find something what isn't there. Don't imagine the signs what isn't there. Read the signs what are there.

This is only my look of the market

Final notice: you can't earn the money if you are not on the MMs side. As long as you trade on the opposite side it's hard to take any profit, maybe luck will help you, but in the market forget the things as luck, hope and pray.
Whatever is obvious is obviously wrong!"
  • #66,824
  • Mar 6, 2014 4:03am Mar 6, 2014 4:03am
Quoting Hegilento
{quote} Hi Loeil , Could u name that tool that u use to connecting orders to the recent price ( blue lines ) , it shows on your attached pic. would try it with scout . thanx for for the help . JNS
You can get those "blue lines"(for closed trades) in 3 different ways:

1. Those "blue lines" are made by Trade Levels indicator.
2. I use for closing my trades an indicator "Close all open orders on specific pair". This made those "blue lines" also.
2. And the third thing what makes those "blue lines" is, if your trade is closed then go to "Account history" and just drag the closed trades to the chart again. Then you get those "blue lines" also

For open trades, those "blue lines" made by Trade Levels indicator.

You can find a working Trade Levels indi here: http://www.forexfactory.com/showthre...03#post7281503
Whatever is obvious is obviously wrong!"
  • #66,825
  • Mar 6, 2014 4:05am Mar 6, 2014 4:05am
Quoting loeil
{quote} Understand your concern but I have to say you are on the wrong way. Forget those red and green colors for a second. MMs doesn't trade by colors! The first thing you should look is VOLUME! High volume is that what tells us something is going on. High volume means that MMs are very active. But high volume can mean 2 things: 1. MMs transitioning money to markup/markdown phase 2. Herds jumping to short/long but MMs already taking profit and buying/selling those herds trades and getting ready to accumulate. Now how do you know which one MMs do?...
Good explanation Loiel. I like and agree with your point of view the market.
Adaptarse es la clave
  • #66,826
  • Mar 6, 2014 4:15am Mar 6, 2014 4:15am
Quoting loeil
{quote} You can get those "blue lines"(for closed trades) in 3 different ways: 1. Those "blue lines" are made by Trade Levels indicator. 2. I use for closing my trades an indicator "Close all open orders on specific pair". This made those "blue lines" also. 2. And the third thing what makes those "blue lines" is, if your trade is closed then go to "Account history" and just drag the closed trades to the chart again. Then you get those "blue lines" also For open trades, those "blue lines" made by Trade Levels indicator. You can find a working...
Thank u again !
  • #66,827
  • Mar 6, 2014 4:24am Mar 6, 2014 4:24am
EU
Attached Image (click to enlarge)
Click to Enlarge Name: eurusdm30.png Size: 68 KB
Even though I walk through the darkest valley, I will fear no evil
  • #66,828
  • Mar 6, 2014 4:27am Mar 6, 2014 4:27am
Quoting loeil
{quote} If price stopped, probably MMs starting to buy all the herds shorts, because we know that all the herds jumped to short after that big down bar. So MMs buying those shorts and getting ready for accumulation. High volume down bar what stopped the price means that there is selling and buying both. But it doesn't mean that price reverse right now, no accumulation taking time. But you see that price is stopping or ranging, this means that there is balance between buying and selling - herds selling and MMs buying. If there is a balance in the market, price won't move, price can only move if there is imbalance in the market and imbalance is needed to getting out from accumulation phase. So MMs have to buy the herds shorts until all the shorts are out of MMs way.
EURAUD - this an example of one of my described examples. Herds jumped to short and MMs buying those shorts now.
Attached Image (click to enlarge)
Click to Enlarge Name: EURAUDM15.png Size: 45 KB
Whatever is obvious is obviously wrong!"
  • #66,829
  • Mar 6, 2014 4:29am Mar 6, 2014 4:29am
Quoting ozboy
Aussie more confident when I found a "classic" {image} {image} {image}
Aussie update

Dragon's faith
Attached Image(s) (click to enlarge)
Click to Enlarge Name: classic.JPG Size: 130 KB
Click to Enlarge Name: Capture.JPG Size: 129 KB
Click to Enlarge Name: Capture1.JPG Size: 140 KB
  • #66,830
  • Mar 6, 2014 4:30am Mar 6, 2014 4:30am
EA - long.
Attached Image (click to enlarge)
Click to Enlarge Name: EURAUDM15.png Size: 45 KB
Whatever is obvious is obviously wrong!"
  • #66,831
  • Mar 6, 2014 4:41am Mar 6, 2014 4:41am
Quoting loeil
EA - long. {image}

I favor at the moment, search only shorts in this pair. Of course that depends on the timeframe taken as a reference ..
Attached Image(s) (click to enlarge)
Click to Enlarge Name: euraud retracement.PNG Size: 93 KB
Click to Enlarge Name: euraud daily.PNG Size: 88 KB
Adaptarse es la clave
  • #66,832
  • Mar 6, 2014 4:44am Mar 6, 2014 4:44am
EU - long.
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDM15.png Size: 47 KB
Whatever is obvious is obviously wrong!"
  • #66,833
  • Mar 6, 2014 4:52am Mar 6, 2014 4:52am
Quoting SaiLyfee
Added scout #2 as price made it through the 1/2 number. So far this trade is purely a PVSRA one without a Classic Sonic R. wave having formed yet. {image} Edit: Highlighted areas showing MM's are bears.
Actually there was a "classic" signal with fully agreement of wave, dragon, trend line
Plus "break out" to higher structure (chart below)
I wanted to take the "double top" when the price was not touch 0.8430 and still in up thrust zone
And this is my bad trade because:

1. the "top & bottom effects" and
2. misleading "scout" trade with "average" trade

Lesson learned
Attached Image (click to enlarge)
Click to Enlarge Name: Capture.JPG Size: 129 KB
  • #66,834
  • Mar 6, 2014 4:59am Mar 6, 2014 4:59am
GA - long. Maybe little too soon, but I'm quite busy rest of the day, so I decided to start.
Attached Image (click to enlarge)
Click to Enlarge Name: GAM15.png Size: 46 KB
Whatever is obvious is obviously wrong!"
  • #66,835
  • Mar 6, 2014 5:09am Mar 6, 2014 5:09am
Quoting loeil
{quote} EURAUD - this an example of one of my described examples. Herds jumped to short and MMs buying those shorts now. {image}

Thanks for the mini lesson.

In GA, I also think it's too early to enter long. I'll wait a little more ...


Thanks, you're great. Greetings.
  • #66,836
  • Mar 6, 2014 5:17am Mar 6, 2014 5:17am
GOLD
potential "classic"
Attached Image (click to enlarge)
Click to Enlarge Name: Capture.JPG Size: 187 KB
  • #66,837
  • Mar 6, 2014 5:33am Mar 6, 2014 5:33am
News in 30 mins..

GBP..big impact..

Inserted Video


Sonic
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusdm15.png Size: 49 KB
  • #66,838
  • Mar 6, 2014 5:34am Mar 6, 2014 5:34am
Quoting loeil
EU - long. {image}
any reason to long EU ?
  • #66,839
  • Mar 6, 2014 5:51am Mar 6, 2014 5:51am
Quoting sonicdeejay
News in 30 mins.. GBP..big impact.. http://www.youtube.com/watch?v=h1Z89zW-8sY Sonic {image}
What is your take? Buy or sell?
  • #66,840
  • Mar 6, 2014 6:03am Mar 6, 2014 6:03am
Quoting trexy123
{quote} What is your take? Buy or sell?
Still the same stupid questions without a chart to this thread.
If you think you can do a thing or think you can't do a thing, you're right
30 traders viewing now