Sonic R. System | Page 3909 | 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

  • #78,161
  • Dec 29, 2014 6:34am Dec 29, 2014 6:34am
Sell Down on GBPUSD is not so expected but not so surprising either.. See white boxes.. Orange boxes will acts as support

Inserted Video


Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDM15.png Size: 57 KB



Sonic
  • #78,162
  • Dec 29, 2014 10:39am Dec 29, 2014 10:39am
Quoting traderathome
{quote} EURJPY Long Trade Update: The MMs did whack it more, back down into the previous range used for accumulating. I have added Scouts. Still no hard TP/SL at this time. {image}
EURJPY Long Trade Closed:

Closed for gain of 25.2 pips average, 150.9 pips total.

I added to this EJ trade just like I added to the previous EJ trade, as the MMs used the range they had created to accumulate longs by swinging the price up/down in the range. This could go higher still, maybe tomorrow, but as it is late in the LS I decided to close the trade and wait.
Attached Image (click to enlarge)
Click to Enlarge Name: dec 2014 - 149.png Size: 42 KB
  • #78,163
  • Dec 29, 2014 1:33pm Dec 29, 2014 1:33pm
AUDUSD Long Trade Open:

Scout entry on retrace of earlier pre-LS setup and run.

As I see it, and looking at the H1 chart too, this is on the upswing. But now the MMs are retracing it to reload long after taking some profit today higher up. The retrace can be evaluated on any TF chart, but on H1 the price has been pulled back down into the Dragon. Will the retrace be greater? Could happen. We cannot ever know how the MMs will manipulate prices in order to load up, or to take profit. But this seems a reasonable place to insert a Scout. If the MMs, maybe next AS MMs, work the price lower, I might add to this trade because what I see is that the volumes at the lows preceding the run up are still greater than the selloff volumes at the higher prices today. To me, it indicates the MMs are not finished driving this for profits, but are only partially taking profit, and then driving it back down to reload for another profit making run back up. Time will tell.

No hard TP/SL at this time, but the next swing up might at least go as high as back to HOD/DR4.
Attached Image (click to enlarge)
Click to Enlarge Name: dec 2014 - 150.png Size: 37 KB
  • #78,164
  • Dec 29, 2014 7:51pm Dec 29, 2014 7:51pm
Quoting traderathome
NZDJPY Short Trade Open: Scout based light entry on higher risk trade based on three hits so far today above the half number, with one hit exhibiting notable activity. Price could go higher as more MMs come to the table if they too desire to accumulate shorts above the half number. This is a reasonable risk trade, however, considering the bull swing on this pair is now 350+ pips. {image}
NZDJPY Short Trade Closed:

Closed for gain of 4 pips average, 11.9 pips total.
Attached Image (click to enlarge)
Click to Enlarge Name: dec 2014 - 151.png Size: 31 KB
  • #78,165
  • Edited 8:22pm Dec 29, 2014 8:11pm | Edited 8:22pm
EURJPY Long Trade Open:

Scout entries on retrace back down into established range to a price area below the half number where there has previously been notable activity. The H1 chart is used to point this out, but you can also check your M1 chart to confirm the increased activity again going on in this area. The MMs might take the price lower, because nothing is ever "exact" in the market. We are always dealing with areas, not levels. And the MMs are always re-assessing how they want to work the price up or down the queue as pending orders on the queue change! I do not think the setup shown on H1 has really finished running. I do think the MMs are reloading longs for another move up. No TP/SL at this time.

Edit: Closed trade for loss of 5.8 pips average, 11.6 pips total. It just started to not feel right. What can I say?
Attached Image(s) (click to enlarge)
Click to Enlarge Name: dec 2014 - 152.png Size: 37 KB
Click to Enlarge Name: dec 2014 - 153.png Size: 36 KB
  • #78,166
  • Dec 30, 2014 1:52am Dec 30, 2014 1:52am
GBPUSD Long Trade Open:

M5 setup with special PA wave; MMs whacked back towards whole number to load more longs. No TP/SL at this time.
Attached Image (click to enlarge)
Click to Enlarge Name: dec 2014 - 154.png Size: 30 KB
  • #78,167
  • Dec 30, 2014 2:13am Dec 30, 2014 2:13am
Quoting traderathome
AUDUSD Long Trade Open: Scout entry on retrace of earlier pre-LS setup and run. As I see it, and looking at the H1 chart too, this is on the upswing. But now the MMs are retracing it to reload long after taking some profit today higher up. The retrace can be evaluated on any TF chart, but on H1 the price has been pulled back down into the Dragon. Will the retrace be greater? Could happen. We cannot ever know how the MMs will manipulate prices in order to load up, or to take profit. But this seems a reasonable place to insert a Scout. If the MMs,...
AUDUSD Long Trade Closed:

Closed for gain of 35.1 pips average, 280.8 pips total.
Attached Image (click to enlarge)
Click to Enlarge Name: dec 2014 - 155.png Size: 35 KB
  • #78,168
  • Dec 30, 2014 2:16am Dec 30, 2014 2:16am
Quoting traderathome
GBPUSD Long Trade Open: M5 setup with special PA wave; MMs whacked back towards whole number to load more longs. No TP/SL at this time. {image}
GBPUSD Long Trade Closed:

Closed for gain of 22.5 pips average, 225 pips total.
Attached Image (click to enlarge)
Click to Enlarge Name: dec 2014 - 156.png Size: 27 KB
  • #78,169
  • Dec 30, 2014 2:36am Dec 30, 2014 2:36am
GBPUSD Comment

Sonikers,

Here is how I see this one. First off, the MMs would not have whacked it to the lower whole number before driving the price up if all they wanted to do was to drive the price up so it would be high before the USD release. Therefore, I think the MMs actually were loading longs for a bull run. How will the USD release affect this bull run? Who knows? One possibility is that the MMs will whack the price in conjunction with the release, but not really due to the release at all, but as an excuse to mount a stop hunt of longs while at the same time deceiving shorts to enter,....giving the MMs two sources of liquidity to reload long as they force the price back downwards.

All this is speculative. But you might put a FR study on your chart as shown on mine and look for a decent retrace for a re-entry long, say between the 38% and the 62% levels. If price goes higher before it starts to retrace you will have to expand your FR study to be sure it encompasses the full move up before measuring any retrace.
Attached Image (click to enlarge)
Click to Enlarge Name: dec 2014 - 157.png Size: 32 KB
  • #78,170
  • Dec 30, 2014 2:39am Dec 30, 2014 2:39am
...Until we had a blowout of price and no follow through in volume. So i took a short when i saw the spike in volume just below the quarter number. holding this position from a 4h view.. if you notice there is no follow through over the quarter number at 120.75 after a long run for profit. This zone between 120.25 and 120.75 is therefore a position building zone. We had very weak volume at the highs and very little follow through at the lows for several days. i took my short based on this. holding until i see a reversal in trend.. but with all the rumors and talk about abenomics .. they might try to build up really big long positions on the way down.. so maybe the greedy MM's want a better price ? don't know.. time and sonic will tell.
Attached Image (click to enlarge)
Click to Enlarge Name: Untitled.png Size: 72 KB
Don't focus on loss.. Study your winnings and learn from them.
  • #78,171
  • Dec 30, 2014 2:59am Dec 30, 2014 2:59am
NZDJPY Short Trade Open:

Re-entry to M15 setup as price retraced last move down by 62+% to above the half number. No TP/SL at this time.
Attached Image (click to enlarge)
Click to Enlarge Name: dec 2014 - 158.png Size: 31 KB
  • #78,172
  • Dec 30, 2014 9:03am Dec 30, 2014 9:03am
Quoting traderathome
GBPUSD Comment Sonikers, Here is how I see this one. First off, the MMs would not have whacked it to the lower whole number before driving the price up if all they wanted to do was to drive the price up so it would be high before the USD release. Therefore, I think the MMs actually were loading longs for a bull run. How will the USD release affect this bull run? Who knows? One possibility is that the MMs will whack the price in conjunction with the release, but not really due to the release at all, but as an excuse to mount a stop hunt of longs...
GBPUSD Long Trade Open/Closed:

Closed for gain of 34.6 pips average, 693 pips total.

This went just like I said,......a retrace and then another move up.
Attached Image (click to enlarge)
Click to Enlarge Name: dec 2014 - 159.png Size: 35 KB
  • #78,173
  • Dec 30, 2014 9:06am Dec 30, 2014 9:06am
Quoting traderathome
NZDJPY Short Trade Open: Re-entry to M15 setup as price retraced last move down by 62+% to above the half number. No TP/SL at this time. {image}
NZDJPY Short Trade Closed:

Closed for gain of 25.4 pips average, 508 pips total.
Attached Image (click to enlarge)
Click to Enlarge Name: dec 2014 - 160.png Size: 35 KB
  • #78,174
  • Edited 11:42am Dec 30, 2014 10:33am | Edited 11:42am
EURUSD Comment


Sonikers,

M15 setup (M1 shown) and possible break out from PVT with the time remaining today.

Edit: After watching this for a about 15 minutes I am beginning to think this might not move much higher today. The one chance that it might is if the MMs decide to whip it up in after-hours as a move to lock out shorts, wherein after whipping it up, they continue to support the price into tomorrow and the next USD release. Time will tell.
Attached Image (click to enlarge)
Click to Enlarge Name: dec 2014 - 161.png Size: 31 KB


Edit: Into after-hours the MMs are whacking it. So, they are still looking to accumulate longs by running the price down the queue to trigger pending short orders to give them some liquidity for filling more of their own long orders. In which case, the forecast is bullish. But tomorrow is the last trading day of the year, and could be somewhat flat. Bottom line, this might or might not make a substantial move up before the end of trading tomorrow. We cannot ever know how the MMs will manipulate prices to build their positions or to make a profit on them. Yes, of course, the MMs also swing prices to fill pending orders of the corporations and the big players in the market, but there is not likely much of that going on in these last days of the year.
Attached Image (click to enlarge)
Click to Enlarge Name: dec 2014 - 162.png Size: 31 KB
  • #78,175
  • Dec 31, 2014 6:55am Dec 31, 2014 6:55am
I would like wish all Sonikers, Happy New Year...

All the best in 2015 and be a green sonikers... ‪

1. Plan a trade, trade that plan.
2. Take 100% responsibly of your action. But not so personally.
3. Be Patient.
4. Be committed.. If you wanna have fun, do something else.

Cheers,
Sonic
Attached Image (click to enlarge)
Click to Enlarge Name: happy_new_year_2015_hq.jpg Size: 175 KB
  • #78,176
  • Dec 31, 2014 8:46am Dec 31, 2014 8:46am
Quoting sonicdeejay
I would like wish all Sonikers, Happy New Year... All the best in 2015 and be a green sonikers... ‪ 1. Plan a trade, trade that plan. 2. Take 100% responsibly of your action. But not so personally. 3. Be Patient. 4. Be committed.. If you wanna have fun, do something else. Cheers, Sonic

Well Said Happy new year to you as well !
Attached Image (click to enlarge)
Click to Enlarge Name: New-Year-2015-Celebration.jpg Size: 239 KB
Don't focus on loss.. Study your winnings and learn from them.
  • #78,177
  • Edited 11:21am Dec 31, 2014 9:57am | Edited 11:21am
Quoting sonicdeejay
I would like wish all Sonikers, Happy New Year... All the best in 2015 and be a green sonikers... ‪ 1. Plan a trade, trade that plan. 2. Take 100% responsibly of your action. But not so personally. 3. Be Patient. 4. Be committed.. If you wanna have fun, do something else. Cheers, Sonic {image}
Indeed! Happy New Year to all Sonikers!

And remember - in the words of the famous Will Rogers - "The worse months for trading are the summer months of May, June, July and August. Other months you should avoid trading are those with an 'r' in their name."......

-tah
  • #78,178
  • Edited 11:46am Dec 31, 2014 11:34am | Edited 11:46am
GBPUSD Comment

What a nicely bullish chart!

Today the MMs bought it up and then retraced price towards the lower half number to resume accumulating longs. Last day of year! What comes in January?
Attached Image (click to enlarge)
Click to Enlarge Name: dec 2014 - 163.png Size: 32 KB
  • #78,179
  • Dec 31, 2014 3:21pm Dec 31, 2014 3:21pm
Firstly, a very Happy New year to all traders across the globe

I had set my EA to close 0.6 lots at 19 pips [$62.38] and set the remaining 0.6 lots to close at my 3rd Fibonacci level of 1.91435.

It unfortunately did not reach this (perhaps light volume day) and thus decided to close my position for 37.5 pips [$199.46] once the US markets closed ahead of the New Year holiday.

GPBAUD Long Trade Closed:

Closed for Profit of about 56.5 pips average/total. This was for 1.2 lots = $261.84

Attached Image (click to enlarge)
Click to Enlarge Name: GBPAUDM15 - 31.12.14.png Size: 75 KB
  • #78,180
  • Dec 31, 2014 7:49pm Dec 31, 2014 7:49pm
A very Happy New Year to all traders across the globe and I wish you ALL YOUR DREAMS COME TRUE !!! MORE PROFITABLE TRADES THAN LOSES !
35 traders viewing now, 1 is registered:
shineaung