Sonic R. System

I suggest you to look at more volume and candles too than only half and round numbers.

Isn't that stupid to go short at support? Did you notice H1 anomaly? Did you notice H4 support area and low volume on down bars which indicates to no selling interest by MMs ?

EURUSD : scout long trades closed

EURUSD : 1 Stage complete


Long classic trade closed


Waiting for 2 stage...

EURUSD : short scout trade opened

USDJPY Short Trade Open/Close:

Closed for gain of 105 pips average, 1050 pips total gain. To me, this move down looked like a possible sucking in of shorts that was immediately followed up with stop hunting them. In any case, even as price retraced upwards, the Dragon and Trend were solidly down and with the Dragon below the Trend.

EURUSD : scout short open/close

"tomx", Stupid Is, As Stupid Does!

You would not have called it "stupid" if price had broken down thru major support shown on H1/H4, which it could have done. And do you not see both times down to that support was with notable volume? It was. Breaking down thru support was viable since there was notable volume on both preceding bear moves. Keep in mind, just because one bar is higher or lower than another, it does not mean the actual currency traded was! These are price change ticks being counted, not currency volume.

What is "stupid" is to ignore the fact that we cannot know how the MMs will move price next, to ignore any possibility, and to deny the presence of notable volume when in fact it exists.

It is okay to try and help others, but not to be obnoxiously negative and accusative:
http://www.forexfactory.com/showthre...73#post7467373
http://www.forexfactory.com/showthre...33#post7480933
http://www.forexfactory.com/showthre...10#post7827810
http://www.forexfactory.com/showthre...86#post8050586
http://www.forexfactory.com/showthre...10#post7827810

Over the past year you have posted only five times to this thread. Four of those posts have been negative and accusative towards me, and one towards sonicdeejay. May I suggest that instead of being an armchair "judge", you try posting some real-time trades,....inasmuch as you never have posted a single one! Then we can all see just how astute and "visionary" you are using material you seem to think you know so much about.

You are not a Soniker, tomx. You do not contribute to this thread in all the time since you subscribed to it, while at the same time portraying yourself as "informed". Therefore, you obviously are not a team player. You only come here occasionally when you think you see something you can criticize - and being in total error, if not an outright liar, when doing so - and thereby maybe elevate yourself in your own mind. You aren't fooling anyone else (but yourself), certainly no one here!

-tah

Well I think that the best way I can learn is just to make a post of a bad trade and my mistake. I tried to apply strategy on smaller TF M5 after london close. I know better, I shouldn't have done it , but it was my itchy finger I guess. So this is a lesson for us all. It's always better to wait for a proper setup which in most cases yields more than a 100 pips than take unnecessary risk with literally nothing but wishful thinking to back it up. I know this is a little bit off topic but admitting that mistakes were made is a big part of being on a right track to succes. So keep it in mind every time sh*t hits the fun , no need to be angry , just accept it , analayse it than conclude. Wish you all good end of the week

P.S Cut losses quickly ! Gupito style

Closed longs AUD/USD +3501p totall
GBP/AUD keep going

Showing trade live and Fine contributor like you makes Sonic R the best in the world,, Thx for being here..


Sonic

World-Wide, There is no Finer Place Than Here!


Dear sonicdeejay & All Sonikers,

I "second" what Master Sonicdeejay posted.

leentiaj, and all Sonikers that post trades real-time, make for one of the most dramatic differences between this thread and all other trading sites in the world.

Whether you go to Forex Factory or elsewhere - no matter where you go - you will read claims of trades. But you will see no evidence of them. Unlike here at the Sonic R. System, where we have our evidential MT4 orders driven indicator, what other places offer are belated claims of trades. Even the FF Trade Explorer can't accomplish the transfer of learning that is accomplished by this thread and the real-time trades that are posted here using our Sonic R. System template!

And it is the transfer of learning that the Sonic R. System thread is all about! And it is Sonikers like leentiaj - and there are many I could name that post trade entries real-time and post trade closes that include the "goback" link to the trade open post - that contribute to this thread the real-time ongoing examples that encourage others and help everyone learn to better apply the Sonic R. System, and to become a more successful trader by doing so.

My hat is off to all the "sharing is caring" contributors which this thread enjoys, and which make this thread the goal accomplishing thread it has become world-wide. For anyone who is serious about trading successfully, there is no finer and more honest place to be than here!


Thank You, Sonikers - Past, Present & Future - One and All,
-tah

AUDJPY Short Trade Open:

M15 Scout entry. Trend is down on H1. AS MMs previously took price to FR 62%. Now back up to FR 50%+, and on increased volume. From this the presumption is the MMs are bears supporting the price to make PA look bullish while they get liquidity to accumulate short orders by triggering pending long orders on the upside of the price queue. No TP, SL at this time.

USDCAD

Speculation here.

There is a CAD high impact release today. My guess is the MMs will have price at bottom of channel by days end. Maybe lower. But if they support it there into next week it will "look" bullish, and they can mount a head fake move back up from there. That would be ideal to suck in more longs to create liquidity to amass even more shorts for themselves before busting down thru the lower TL of the channel.

In any case, it is bearish. And while we cannot know how the MMs will manipulate price next, what the MMs do with price will only have to do with how they "create liquidity" to amass more shorts for themselves.

-tah

USDJPY Short Trade Open/Close:

Closed for gain of 53.4 pips average, 534 pips total. Trend is down on H1, so when the MMs manipulated the price back above the whole number very late yesterday, it could only be to trigger some pending long orders up the price queue to obtain liquidity for the MMs to get more shorts for themselves.

EURUSD : Add Scout short trade

Hi Sonickers
Tried to load system indicator as follows.
After download system indicator ,Copy paste indicator to MT4 indicator file.
Then open MT4. Result nothing. I believe I am doing it wrong can someone please help.
Thanks

EUR/CAD long trade opened, closed with -18 pips when price touched back to dragon, probably too premature entry

EURGBP Classic long , dragon angled up nicely , trend almost below the dragon. Is that good to engage in the trade before EUR flash GDP news ?

Entered above the recent high.

AUDJPY, Hold or Fold??
I decide to Hold. Reason: Exhausted Robber Bank - MMs activity while the price UP. MMS support the long began to weaken, they are interested in the higher price for their short order.
comments welcome....
_MJ

close short trade on EURGBP