Sonic R. System

Profit targets hit:

Xxx jpy..

I am on the long side...






Sonic

Thank you for all trades, that was a fruitful week.
good weekend for everybody!
Pwidmo, please start using English. That would be a kind move.

Matthew.

Hi Morcos, Thank you for the EA but it opens both a Buy_Stop and Sell_Stop for the same pair around the same time so does that not mean something is wrong with the trade conditions if both buy and sell conditions are being met at the same time? I did make a small change to the ordermodify sections because it kept deleting the pending orders almost immediately with Error 3 and Error 130 errors but it is still opening both buy and sell orders. This is on the 15M chart. Should we also add a pending expire time of one candle if conditions have past before order is placed?

EURUSD: close 2 shorts. Now appear classic long figure on support level 1.13, there is high volumes on lows, good condition for longs.

I hope everyone had a productive week.

Here are a couple of trades from Friday. The bars that I highlighted from Thursday had a lot of volume on them, since price on Friday was trading lower it made think that the bars on Thursday were the MMs selling. Daily trend was down and since MMs were probably selling, shorts seemed like a good idea.

I've let this one entry point run to see how far it will go..

TrendyTrade,

I have commented before on your excellent trading.

You, more than I, should be posting trades real time here! Seriously, your contribution to this thread would be immense if you did so with included reasons for taking each trade, instead of posting only much after trades were entered (per your pic. below), or only after their close. What most traders lack is patience and a clear understanding of what to look for. You obviously have both. And your trade entry posts, that could repeatedly drive home these points would help a lot of Sonikers (including myself), which is what we are all here for.

This thread should never become a "signals service", but good instruction should abound and you have demonstrated that you have a lot to contribute in the way of instruction by repeated demonstration. And demonstration real time has more impact on learning than does anything else. Please consider doing this.

Thank You,
-tah

traderathome,

Thanks for your kind words of encouragement.

Ok, despite the tendency to share only inspirational 'pick of the bunch trades' I'll be on the lookout for opportunities to share some real time and instructive trade entries.

TrendyTrade.

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To: traderathome | From: xxxxxxx| Sent: Feb 1, 2015 12:12am
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Hello tah. Sorry for bothering you.

I am new in traiding And i want to devote my life to it.
So you as an expericed one do you live with only trading?? or you need some adittional income. Dont get me wrong i just wanted to know can i keep my family with this busssines. and do you only use this system??

Ps sorry if asked something wrong. Thanks for your answer.


Hi xxxxxxx,

I spend my time with the Sonic R. System. You can tell from my posts that not all of my trades are strict Classics, but I am attempting to reign myself in to only strict Classics.

Can you support your family doing this? Just because someone else can do this, does not mean everyone can. You see, a lot more depends on the personality of the trader than on the system the trader uses. I am talking about patience and discipline, good vs bad habits.

I am reluctant to use my personal situation - or anyone's for that matter - as persuasion, or to give advice, but in this matter my suggestion to you is that you work with the Sonic R. System. Build yourself up in it. Get to the point where you are steadily successful with it. Then you will know if you can support your family doing this full time.

I sincerely mean what I just said. I would never recommend a person leap into trading full time expecting to support their family. Frankly, it takes time to become successful as a trader, no matter what method is involved, and largely because there is a lot to experience about how the market really works, and which will do a lot to make a person realize how important patience and discipline really are.

I invite you to the Sonic R. System, and you have my best wishes for your success. Take it slow and easy. Don't take a risk you do not have to take, and don't put pressure on yourself unnecessarily.

Sincerely,
-tah

EURUSD Long Trade Open/Close:

Closed for gain of 23.5 pips average, 235 pips total.

GBPUSD

Sonikers, there is quite some activity today in the same area that the MMs suddenly whacked the price down to very late last Friday. That whack below the half number late Friday could only have been the MMs looking to clean out the liquidity for accumulating long orders at lower prices. So, it is very likely that is what is happening again.


Edit:

With additional time now, it appears the MMs ran the price up to suck in longs to stop hunt, and now they are executing the stop hunt,......and if this stop hunt move down sucks in shorts, well all the better for the MMs that are accumulating long orders. The question is, will the MMs hold the price down until the next GBP high impact release tomorrow, or even the next on Wednesday, forcing everyone to trade in this area as the MMs work the price up and down to accumulate even more longs? Or will they price whip up with the USD high impact release today? This is the Robber Bank MM's show. They totally run things here. It will happen when they decide it will happen.Iattach]1602059[/attach]

My broker shows a different chart than Traderathome so I walked sell. The long green candle was not yet a reason to close the position so I opened another. Both positions I closed a little early.

Hello guys,
reentry at whole number, local S/R, dragon and after few bullish PA waves.
Wish green to all

Out of Compliance Chart!

pwidmo,

Per our Post #1 etiquette, please do not post downsized charts. Post the entire full size chart so that nothing is omitted or obscured. Please edit your post above to correct this.

You might want to re-read Post #1 to help reinforce within you the idea that we are posting to help others. We can best do this if our posted charts are full size and showing every thing there is to see. You should have read this in Post #1......

Posting Guidelines
I ask everyone to please remember that this thread is the text book for the Sonic R. System. A post should be neat, clean, clearly understandable, as any picture or diagram would be in a text book. Please use our template. It has the market panel in the upper left of the chart which serves the purpose of clearly identifying the pair ID and TF. If you use the MT4 quick order box that overlays this panel, please click it off before posting! When posting trades, include the entire chart, not just a portion of it.

I have sent you a PM on this also, to be sure you get this message. It only takes a second to maximize a MT4 chart before saving a picture of it to attach to your FF post. So please edit your post to get rid of the minimized chart and replace it with a maximized chart.

Thank You,
-tah

usd/jpy long trade opened ,

I think MMs on long side till now on (EuroUSD). They always support the price at the ranging area. On my opinion they on Accumulation phase now. Lets see 50 mnt from now, what would they do on the next USD news momentum.
I keep holding my long trade till now.
What Do you think sonicers?
Regard... _MJ

AU, EU and GU....etc.

I agree. I think the Robber Bank MMs are on the long side! And the reason they haven't progressed upwards is because the MMs keep stop hunting longs (and sucking in shorts) to create liquidity for their own long orders. The MMs are building long, and doing a lot of it. So, their bull targets might be quite high.

BTW, multiple AUD high impact releases coming in next AS. Probably no real breakout 'til then, at least. Gives MMs more time to "create liquidity" for their long orders while keeping a cap on price so shorters don't give up yet..

Of course, we cannot ever know how these Robber Bank MMs will manipulate price next (control price by forcing it to move in one direction or the other, or not at all), but that is how these look to me at this point in time.

-tah

USDCAD

Well, Sonikers, the Robber Banks finally got around to "bitch slapping" this one. Heading to RWL. That's just for starters, too.

Scout long on EURUSD based on Bull MMs