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Sonic R. System

  • #77,481
  • Nov 13, 2014 7:56am Nov 13, 2014 7:56am
Quoting forexn00b
{quote} I think your wave analisys is good, but the perfect entry point was when first candle appeared above the dragon (with less volume) and trend line (7th yellow line, the big one upwards). You missed that, but it seems price will be pumped up a bit more. Correct me if Im wrong.
yep, i miss the chance. but base on the rule "no trade on the AS". i waited for the LS.
  • #77,482
  • Nov 13, 2014 7:59am Nov 13, 2014 7:59am
Quoting Bernhard
excuse me TAH, i dont wont to turn it off. Just get the yellow/green letters in a corner or turn the letters off but not the trades.
And, I ask you again....why do you not want to show the PL for the open or the closed trade?
  • #77,483
  • Nov 13, 2014 8:04am Nov 13, 2014 8:04am
Quoting traderathome
{quote} ryanwong, Your entry is fine. The Robber Banks/MMs pulled the price back down before the USD release to stop hunt longs and add more longs for themselves.
hi TAH,
Mark it! and i dont think it is a good entry.
  • #77,484
  • Nov 13, 2014 8:41am Nov 13, 2014 8:41am
Quoting ryanwong
{quote} hi TAH, Mark it! and i dont think it is a good entry.
ryanwong,

You made your entry thinking conservatively, thinking if price broke previous high then the entry there should be okay.

Now you are thinking that because the price dropped, you entered too high and should have looked for a retrace in price before entering.

The MMs have not finished messing with this. It could soar. We cannot out guess the MMs. If you feel this is going bearish, close it. If you feel this is still bullish, give it time to breathe,....let it run awhile longer and see what happens.

The benefit of waiting for price to break previous highs is that it can help avoid entering on head fakes. Do not beat yourself to death on this, and do not forsake this type of entry just because this trade is being messed with by the MMs. It could still run as you anticipated.
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  • #77,485
  • Nov 13, 2014 8:57am Nov 13, 2014 8:57am
EURUSD Long Trade Open:

M15 Classic. No TP/SL at this time. Experimental simplified template.
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  • #77,486
  • Nov 13, 2014 9:07am Nov 13, 2014 9:07am
Quoting traderathome
USDCAD Long Trade Open: M1 Classic and Scouts. Price has been taken below half number - more deeply so during the Frankfurt Open - and below the 3/4 level is where the action has begun, a PVSRA indication of bulls. Could it go lower? Yes, and DS1 is very close below. For the bulls that are driving the price down, it might be a stop hunt longs target later. Time will tell. No TP/SL at this time. {image}
USDCAD Long Trade Closed:

Closed for gain of 29.3 pips average, 264.1 pips total.

It could be a roller coaster finish this week. From here, it could go either way. I decided to take profit and watch and wait to see how things develop from here.
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  • #77,487
  • Nov 13, 2014 9:08am Nov 13, 2014 9:08am
Quoting traderathome
{quote} ryanwong, You made your entry thinking conservatively, thinking if price broke previous high then the entry there should be okay. Now you are thinking that because the price dropped, you entered too high and should have looked for a retrace in price before entering. The MMs have not finished messing with this. It could soar. We cannot out guess the MMs. If you feel this is going bearish, close it. If you feel this is still bullish, give it time to breathe,....let it run awhile longer and see what happens. The benefit of waiting for price...
gr8 thx, TAH!

after moving to a big TF and do the research again. Found that there is a trendline just above where i entry! for the bearish could come anytime. we dont know the MMs. i close my trade. and wait for tomorrow.

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---RyanWong
  • #77,488
  • Nov 13, 2014 9:16am Nov 13, 2014 9:16am
Quoting traderathome
{quote} USDCAD Long Trade Closed: Closed for gain of 29.3 pips average, 264.1 pips total. It could be a roller coaster finish this week. From here, it could go either way. I decided to take profit and watch and wait to see how things develop from here. {image}
Is this sonic classic ? could pls explain why you too so many longs when price below dragon ?thanks
Dragon the best Indicator
  • #77,489
  • Nov 13, 2014 9:19am Nov 13, 2014 9:19am
Quoting mg_vinodkuma
{quote} Is this sonic classic ? could pls explain why you too so many longs when price below dragon ?thanks
i dont think it is classic entry. it should be the combination of SS.

---RyanWong
  • #77,490
  • Nov 13, 2014 9:21am Nov 13, 2014 9:21am
Quoting traderathome
{quote} ryanwong, You made your entry thinking conservatively, thinking if price broke previous high then the entry there should be okay. Now you are thinking that because the price dropped, you entered too high and should have looked for a retrace in price before entering. The MMs have not finished messing with this. It could soar. We cannot out guess the MMs. If you feel this is going bearish, close it. If you feel this is still bullish, give it time to breathe,....let it run awhile longer and see what happens. The benefit of waiting for price...
bad luck today LOL. anyway EUR soars. But i have learnt something from it.
  • #77,491
  • Nov 13, 2014 9:41am Nov 13, 2014 9:41am
Quoting mg_vinodkuma
{quote} Is this sonic classic ? could pls explain why you too so many longs when price below dragon ?thanks
Read the initial post, please! And then I added in the red because I still believed in the trade. This is not how to do things, however. After initial entry, I should have closed the trade for whatever loss, instead of continuing to add to it. Bad habits are hard to replace with good ones, but I am working on it.

-tah
  • #77,492
  • Nov 13, 2014 9:51am Nov 13, 2014 9:51am
Quoting ryanwong
{quote} bad luck today LOL. anyway EUR soars. But i have learnt something from it.
Luck?

It is not a question of luck. It is a matter of the fact that the Robber Banks/MMs manipulate prices to steal from others to get the liquidity they need to load up on the positions that will make them profits once they later push the price as pre-planned. We have to deal with it. It means giving breathing room to our trades. It means always figuring on the possibility the price will go against our trade, not as invalidating it, but as validating it! It means that we cannot ever know how the MMs will move price, but we can do our best to look for clues to their plan. Luck has nothing to do with it.

-tah
  • #77,493
  • Nov 13, 2014 9:55am Nov 13, 2014 9:55am
big movement is coming 2moro. bearish will come again?

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  • #77,494
  • Nov 13, 2014 10:30am Nov 13, 2014 10:30am
Quoting traderathome
GU Long Trade Open: M1 Classic and Scout entries. Per the post by forexTN14 above, this is bearish. However, a retrace - to load up shorts at higher prices - is anticipated. This trade is based on that anticipation. No TP/SL at this time, but per the example forexTN14 has set, using the FR tool is another good way to help find the most reasonable targets for EPs or TPs. In this case, perhaps the FR 50% retrace - just above the upper half number, incidentally where the Robber Banks/MMs prefer to build short - is a reasonable TP to look forward to....
GU Long Trade Closed:

Closed for loss of 48.4 pips average, 629.1 pips total. I should not have let this go this far. I should not even have entered long on such a low TF and then treated it as a M15 trade.
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  • #77,495
  • Nov 13, 2014 10:49am Nov 13, 2014 10:49am
It's a Bull...Bear....Bitch Market!

Sonicers,

Regarding EURUSD.....

Tomorrow brings multiple high impact EUR releases followed by multiple high impact USD releases. Bull or bear now? Bull or bear then? The answer is this. If you are trading the M15 TF: If price is above the Dragon on M15, it is bull. If price is below the Dragon on M15 it is bear. We don't care which. We just look for proper setups and trade them. One simple thing we can do to qualify a proper setup is to compare the M15 to the H1. Is the Dragon angled in the same direction and do both show the price to be on the correct side of the Dragon? And once we enter a trade we watch it like a hawk, and exercise money management.

-tah
  • #77,496
  • Nov 13, 2014 11:38am Nov 13, 2014 11:38am
Quoting traderathome
EURUSD Long Trade Open: M15 Classic. No TP/SL at this time. Experimental simplified template. {image}
EURUSD Long Trade Closed:

Closed for loss of 17.6 pips average, 70.2 pips total.
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  • #77,497
  • Edited 4:07pm Nov 13, 2014 3:47pm | Edited 4:07pm
AUDUSD Short Trade Open:

M15 Classic entries. No TP/SL at this time.

This one could be interesting in the AS, since this AS is the last for the week. Do those MMs know what is coming in the USD releases? The essence of them? Of course they do. So, will they play their hand this AS, before the releases, or wait for next week? In that regard, it will be interesting to see what the LS MMs do. Will they too wait until next week, so that they all have a fair shot at whatever is planned? Or, will it be "Every man MM for himself!" on the last day?
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  • #77,498
  • Nov 13, 2014 4:01pm Nov 13, 2014 4:01pm
GBPNZD Short Trade Closed: Day Trading

Closed for Profit of about 48.1 pips average/total. This was for 0.6 lots = $244.10

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  • #77,499
  • Nov 13, 2014 4:06pm Nov 13, 2014 4:06pm
NZDUSD Short Trade Open:

M15 Classic, pre-LS entry. With today comes multiple USD high impact releases, which the AS MMs might "react to" in advance. No TP/SL yet.
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  • #77,500
  • Nov 13, 2014 4:13pm Nov 13, 2014 4:13pm
Hi All. is there anyone one here using the Sonic system consistently and successfully on a US account at 1:50 leverage and also have a demo or live explorer available? This is a very interesting system, and i would like to learn and also compare it with my full manual trading system.

Appreciated.
If u luv happiness, start w/ discomfort, make friends w/ pain and failure.
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