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Sonic R. System

  • #72,901
  • Jun 5, 2014 9:16am Jun 5, 2014 9:16am
Quoting sonicdeejay
Keep the tradition alive... Not just the brag "result" post.. Here comes before and after pics.. http://www.youtube.com/watch?v=CMX2lPum_pg Sonic {image} {image} {image}
Hey Sonicdeejay,
I like your trading journal ... What software / app are you using?
Thanks,
BT
  • #72,902
  • Jun 5, 2014 9:36am Jun 5, 2014 9:36am
Quoting FXRobert
EURUSD H4 very interesing. Long time we wait My opinion. This week decision. nice volumen inreasing (green two bars). Change behaviour market? {image}
  • #72,903
  • Jun 5, 2014 9:39am Jun 5, 2014 9:39am
EU long closed, gain 50pips
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  • #72,904
  • Jun 5, 2014 10:16am Jun 5, 2014 10:16am
Quoting jojojo22
Au - was bullish, Usd too, after us news becomes the change and finally breakin 85 and then 9300 reached tp , If u watched trade u sawed analysis trhough. Final foto of closed trade, after 3 days ) 24% enough {image}
Bravo brota
  • #72,905
  • Jun 5, 2014 10:32am Jun 5, 2014 10:32am
Quoting tosR
EU closed, gain 127pips closed maybe little soon, (tp reach) But guys one question why I cant see that "table" with yellow background color and green/red color text for closed trades ? I see it when order is opened, but when, I close trade or TP close trade so it disappear. Thanks. {image}
It's under the trade levels indicator. You need to set show closed trades to True

I like to turn them off whenever I don't need them because they really get in the way when looking at higher timeframes.
  • #72,906
  • Jun 5, 2014 10:38am Jun 5, 2014 10:38am
Quoting Dyekid217
{quote} It's under the trade levels indicator. You need to set show closed trades to True I like to turn them off whenever I don't need them because they really get in the way when looking at higher timeframes.
Yeah, but I have:

Show_Closed_Trades: True

and for Closed Trades I have:
Price_Dots: True
Price_Labels: True
Price_Lines: True
Subordinite_Lines: False
Show_all_trades_as_one: False

Simple_Lookback: 18000

and still nothing... Or some of these settings is wrong ?
  • #72,907
  • Jun 5, 2014 11:02am Jun 5, 2014 11:02am
Hi all,

This is the AU trade and 1st attempt at a sonic trade I took yesterday and today. Took a short trade on the yellow wave at the break of point 2 and SL above point 1, originally targeting the half number below (0.9250). Got stuck with the trade for a day, then closed the trade as soon as the second red bar with high volume formed at price level 3.

Took a second long trade (although not a classic setup) at the break of point 4 since a large green bar engulfs the previous two red bars, which shows heavy buying activity considering the volume spike. Original SL for long trade is below point 3 and TP was set and hit at R1/whole number confluence zone.

I'm still having some difficulties with TP and SL for the trades. Looking at the price movement now, the pair went even higher than my TP to the RDH. Did I set my TP too close? Any basic guides to work on on how to choose specific SL and TP for sonic trades? I appreciate any help on this matter Thanks in advance!

Cheers,
Al
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Entities should not be multiplied without necessity - Occam's razor
  • #72,908
  • Jun 5, 2014 11:16am Jun 5, 2014 11:16am
EURAUD and EURJPY, opened and closed, banked in 206 pips.

XT
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Trading is not easy
  • #72,909
  • Jun 5, 2014 11:38am Jun 5, 2014 11:38am
Quoting traderathome
AUDUSD Classic Long Trade Opened: This is a counter trend trade, for what I suspect will be a retrace move upwards in the down trend. The coming USD releases could end up reversing movement back in the direction of the down trend. No TP, SL at this time. One consideration is that the LO MMs have first whacked the price. I consider this to be evidence they plan on hiking price ahead of, or in conjunction with the USD releases, during which they will be building short. Whether or not they whack the price at the top of the hike, I do not know. They...
AUDUSD Classic Long Trade Closed:

Closed trade for 3,010.4 pips gain. Obviously, I added quite a few Scouts and some Classics along the way. I did have grand hopes for this one to go higher, sooner, but such was not to be. Is this now definitely turning bullish? Or, are the MMs whip - whacking the market to disguise what they have coming, which could turn this bearish again? Frankly, I have no idea, so I decided to take profit and let the dust settle.
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  • #72,910
  • Jun 5, 2014 11:44am Jun 5, 2014 11:44am
Quoting traderathome
USDJPY Short Trade Re-opened: Entered PA wave with Classic on bull retrace to EP zone, pre-LS. The MMs have returned the price above the half number (PVSRA). If MMs take price higher, I might add to this short trade. No TP at this time. {image}
USDJPY Short Trade Closed:

Closed trade for 149 pips gain. Not much to say about this one, except I am always disappointed when I trade it.
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  • #72,911
  • Jun 5, 2014 11:50am Jun 5, 2014 11:50am
USDJPY, M30, Classic Short Trade opened. No TP & SL at this time.
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Trading is not easy
  • #72,912
  • Jun 5, 2014 11:57am Jun 5, 2014 11:57am
Quoting traderathome
NZDUSD Classic Long Trade Opened: Classic long, but pre-LS. This is based on PA wave at half number with Dragon recently crossing above Trend. After entry there was a spike down, which I take as confirmation - some MMs using up liquidity for longs before the Australian market opens (we can never know how the price will move next). If it happens again, but sufficiently lower, I might add a long Scout. {image}
NZDUSD Classic Long Trade Closed:

Closed trade for 1,813.1 pips gain. As with AU trade, I added quite a few Scouts and some Classics to this one, and I expected it to go higher, sooner. Taking profit now and will sit back, let the dust settle, and see what clues the market starts provide.
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  • #72,913
  • Edited 12:40pm Jun 5, 2014 12:07pm | Edited 12:40pm
Robber Banks Propping Up Their Waddling Prima-Dona

Sonicers,

Well, I do hope you all took note today of the true nature of the market we trade in. It is a market where the Robber Banks manipulate prices to suck in traders for the liquidity they become when stopped out later.

Take EU for example. This is their stage famous Prima-Dona. Unfortunately she is aged and does more waddling than spinning and turning. Today, her MMs (Malicious Managers) had to yank her off the stage, pump her up with injections, and plant her back on stage for the crowd to hoop n' holler about!

Take a good look......a real good look......because what is there amounts to two swings averaging over 150 pips each! That's 300+ pips movement today for a pair with a DAY range of only about 50 pips, made by the Robber Banks to build their positions, i.e. with stolen money! And they left the price right where it started from! The forex market is the private casino of these Robber Banks, overseen only by the Central Banks,which for all intents and purposes are their silent partners that only step in to exercise influence occasionally.

As I said before, trading the forex market is far better than trading the stock market, with all of its stocks and fancy derivatives. Nevertheless, trading the forex market is like playing poker in the casino owned by the big banks, where per "house rules" the dealers get to have a special pouch filled with extra aces which they can play whenever they decide they want the pot badly enough. And think of it, .....the stock markets are even a worse place for average folks to have any of their money, and for retail traders to be in!

-tah
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  • #72,914
  • Jun 5, 2014 1:03pm Jun 5, 2014 1:03pm
closed all GU, NU, AU, so hard to manage profit trades... all profit.
tomorrow big party coming..
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t.me/LWBRfx Discord.io/LWBR
  • #72,915
  • Jun 5, 2014 1:04pm Jun 5, 2014 1:04pm
GBPUSD Short Trade Opened:

Opened with Scout in after hours market when the MMs hiked the price back above the whole number and in came high volume (M1 chart entry). With more releases coming, I suppose this could be manipulated towards RWH, above the upper half number. If so, I plan on adding to this short trade. This is not a Classic setup.
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  • #72,916
  • Jun 5, 2014 1:11pm Jun 5, 2014 1:11pm
EURUSD Short Trade Opened:

Opened with Scout. This is being done the same as the GU short trade just opened. With EU however, price is already above RWH.
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  • #72,917
  • Edited 1:39pm Jun 5, 2014 1:12pm | Edited 1:39pm
USDCAD open first short with small orders.
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USDCAD H4 I see potential shorts early
How it looks out for your accounts at brokers.

XM broker
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mForex broker ECN
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  • #72,918
  • Jun 5, 2014 1:20pm Jun 5, 2014 1:20pm
USDCHF closed many tarde not all .
I watch re-entry short. Possible price a little back.

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  • #72,919
  • Jun 5, 2014 2:02pm Jun 5, 2014 2:02pm
Quoting FXRobert
USDCAD open first short with small orders. {image} USDCAD H4 I see potential shorts early How it looks out for your accounts at brokers. XM broker {image} mForex broker ECN {image}
i also open 0.2 lot short
  • #72,920
  • Jun 5, 2014 2:40pm Jun 5, 2014 2:40pm
Quoting traderathome
EURUSD Short Trade Opened: Opened with Scout. This is being done the same as the GU short trade just opened. With EU however, price is already above RWH. {image}
EURUSD Short Trade Closed:

Closed trade for 140 pips gain. I added extra short Scout when the MMs move the price back higher.
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