Sonic R. System

Closed short AUD/USD =1210 p total

BCO Long @ 88.100 support.

PVSRA shows bulls heavy volume at lows below whole numbers. TP: 90.000

Dear TAH,

Would you be able to advise how can i set the PVA candle to this 2 color tone only?

Its much better for my eyes.

Thanks.

I jump in for an early entry short on AUDUSD. MM has been bearish, so i expect it goes below 0,87 level before coax for more long.
The safest entry is below pivot, but i jump early (risky). add when before NY goes to below pivot.

Classic long on USDJPY M5

opened an closed Classic short AUD/USD +2210

Hello Sonicers,

I have been a follower of this thread, and I am still trying to learn and grasp everyday as much as i can. I have to first thank all the workers on this system and the immense amount of time they have devoted for users such as me and new learners to this system to grasp as much as possible.

I have been trying to learn this system and read as much as i can through this forum in order to get a full understanding of the system. I have done lots of mistakes, but at the same time i have been trying to learn from my mistakes as much as i can. And finding new ways to eliminate my weaknesses and turn them into strengths.

I wanted to share with the developers how my setup looks like, and the results i have been getting.

First please find this is my main chart.



As you can see this is exactly the same Sonic R White Template, but with an added values on the right end.

The right end has 4 Sections.

First Section calculates the risk per trade, which can be set. here in this example it is set on 1%. Therefore risk in $ shows the amount to be risked in the event the SL is hit. and Also calculates the Point value of the Currency.

Trend Line calculates the trend based on the EMA 89, and it calculates the trendline on the 15m,30m,60m,240m. and displays the value as above.

trendline is calculated based on the consecutive slope of the past 3 bars.

the downtrend section calculates the stop loss that is calculated based on the highest value of the last 200 bars on the 15m chart.

and based on the that gives the values as above.

The uptrend does the same thing with the downtrend, calculates the stop losson the lowest of the past 200 bars on the 15 m chart.

That is Chart 1

Chart 2



Chart 2 shows the following

Chart 2 looks through all pairs and shows all pairs that have all trendlines pointing in the same direction.

Therefore GBPUSD has all trendlines of the 15m,30m,60m,240m all pointing downwards, and the USDCAD all of them pointing upwards. This gives us a brief summary of what are all instruments doing, and we can better analyze and concentrate on more accurate trading instead of looking through all charts and all instruments.





Chart 3 shows the following.

on the 15 M chart of for example AUDCAD, all the trendlines are in one direction and the Price is currently in between the dragon high and low. Therefore we are expecting either to follow the trend on a pullback, or we can expect a break of the dragon line on the 15m.


I hope that none of these indicators i have created have breached any rules, i have purely worked on teh EMA moving averages and haven't breached any codes from Sonic Indicators.

Also i am sharing this and willing to share my code as well after discussing and cleaning up the code further as it is just in the testing period.

The reason i have created this is due to the fact that i am trading online on a laptop and i don't have my trading station yet, therefore i have been losing so many opportunities in the market. and needed a solution that would give me a better solution to which pairs i should concentrate on.

Currently these charts are massive help, i just have the problem of exiting too early due to the fact that i do not dedicate all the time to sit there and monitor the movement of my positions. I put my TP on the next S/R level, and usually its more than 90% hit. but in the mean time i am trying to find a solution to that.

I would be happy to discuss the idea of this indicators further and if there is any questions or any suggestions please do not hesitate to interact.

Thank you and thanks to all the developers and all the people that put all their hard work into Sonic R to provide us this amazing indicator once again.

W.S.

Hello Sonic R. community, today i made so far one EUR/USD trade using MS/DS levels.

after LO i watched if PA penetrates MS1 line and close under it, set sell limit above MS1 (with 16pips SL under pivot line) in waiting for pullback and TP set on DS1 line, trade closed, 30pips bagged and tagged (RR was 1:2). Thx in advance for setup review and critique

All the news come up still not breaking pivot? I decide to bail early, cash my profit. I will wait for New Yorker to decide.
Would have been better playing GBPUSD or EURUSD (next time i invest more chart browsing time).

USDCHF Long Trade Closed:

Closed for gain of 26.5 pips average, 212.4 pips total.

This turned on me soon after the trade was opened. I added when I thought PA was turning again to the trade direction. Instead, it soon plummeted, where I resumed adding as price rose. I have closed the trade here, at the half number area/DR1 because this is an area that price could again turn against the trade, at least until the US open.

I seem to never get away from such trades. It comes from not using a SL. That is my weakness.

GBPUSD Short Trade Closed:

Closed for gain of 117.3 pips average/total.

This was a decent single entry M15 classic trade. It also went against me soon after entry. I was not around to see that happen, or I probably would have added a short Scout during the event.

EURUSD Short Trade Closed:

Closed for gain of 39.0 pips average, 78.1 pips total.

This trade also went against me soon after entry. And again, I was not around to see that move, but I did add when another Classic short setup occurred. This is the preferred way to deal with a trade that goes against you when you have not set a SL, or a SL has not been reached, and then PA resumes the trade direction.

Done for the day.

Long Short GBP/USD Classic entry 15 mins + 1 hour chart + H&S pattern on 4 hrs. Pair is at its 2 weeks low now. Staying bearish with this pair if price doesn't bounce.



P.S: I posted that I was "long" this pair which is clearly not true! I was short from the beginning as indicated with the red dots on Sonic R marker. Was half asleep when posting!

AUDUSD Short Trade Closed:

Closed for gain of 13.7 pips average, 164.0 pips total.

This trade, like the others, also turned on me - after adding! - and then hit my SL! When price rose to RWH area I stared shorting again with Scout entries. This was unpleasant, but the trade was saved by doing so.

joinforsonic,

It is an option in the upgrade that I am field testing prior to release, which will probably be in Novemeber (but no promise on that).

-tah

Boring day for me... No preferred forex set-up appears until this came into picture.

EURAUD - Classic Short opened.

*Reduce my trading size for this. Got some bad feelings finger crossed.

-AdrianC.

EURJPY Short Trade Open:

M15 entry is based on pure PA bearish wave......PA broke down thru half number support, went back up (test), and looks to now be dropping away from it. Price has already dropped 150+ pips from HOD (High of Day), but the US MMs have not participated in that drop. Therefore, I am wondering if they plan on continuing the drop for their own sake, maybe even after the close of the LS?

You turn losing trade into profit one! This is a quality i would like to have.

The "market" puts traders into a quandary. Traders enter a trade, never being able to be sure things will go well, but hoping for the best due to PA having created the "setup".

Then, the "market" frequently turns the PA! Is it a Stop Hunt? Is it a reversal? Should a SL be in place? Should the SL be removed? Should the trader fold, hold, or even add? This is the quandary the trader faces. Why did they take the trade. Is current PA negating the validity of the trade,.....or confirming it?

I have no answer to this quandary. Because the MMs are thieves, because they have all the money needed to create PA that enables them to steal, I doubt there is a "best" answer to this quandary. Folding (manually or with SL) can reduce losses on the trade, but if it is a firm practice it can cause many small losses that mount up even more. Holding creates draw downs, stresses the account, and creates stress for the trader, and there is no assurance just how long or how deep red the trade might go before coming back. Adding in such a situation adds even more stress to the account, and to the trader, and still without assurances. Yet, adding frequently is the solution. Unfortunately, it can also be an account killer!

The question remains, which is the best approach overall: folding, frequently taking some losses thru SLs on the trades, or holding, and maybe ultimately adding?

I still do not know. But in my case, I probably do not have a good idea which is best because I rarely use a SL. This is something I have tried to start doing, but every time I have, I have been stopped out, causing me to give up the experiment. But, I do need to try, and try again, just to see if it is better in the long run.

-tah

USDJPY:

Sonicers, the US MMs have just whacked this back below a whole number, on and followed by very high activity, so this has a bullish appearance. We might get a nice Sonic R. System Classic long setup from this. It is worth keeping an eye on, because if the MMs are loading up with longs, a good bull swing might get underway, off from this "Double Bottom". Just keep in mind that we cannot know how these thieves will move the price.

FYI, I am in a long trade on this one since last week, building as the price dropped (unfortunately).

Edit: Added M1 chart to illustrate the increasing volume on this whack job, and particularly the highest volumes at the lowest prices. And this appears on M15 as a retrace in the move up from a good PA base.