Hi Fellow Traders,
My name is Sonic. I want you to read The 5 steps of Becoming the profitable trader (5 steps pdf) document before you do anything else in trading.
The Story
I have been trading for a near 2 years now and been a blessing so far.
Just like many of you. I started hunting for the holy grail
Soon, I found out that my trading statement is going no where, with messy charts and too many indicators to confirm. That causes the late signal trigger; minimizing my wins and maximizing my losses. Most of them are lagging.
After reading many TA systems, books and LIVE trading, I have found out about there is no systems or indicators can really predict where the price will go. I became to understand the importance of Money Mangement, General trend, Higher, High Higher Low, S & R and fib
The philosophy
Trading is a probability business.
You can win and you can lose too.
It is your job to minimise your loss and maximize your win.
You will follow set of rules that will help you on the winning sides most of the time.
The Rise of Sonic R
Here is a simple, nice and profitable 5M/15M swing system that I found in Raghee 's book.
A Blindly followed Moving Averages system can be very successful in trending market, but I am around here long enough to witness the failure of it, when the market goes into ranging periods.
So, I fine tuned the system with understanding of Trend line,S & R, Wave analysis and Price action, and I am getting high success rate on my position/swing trading, apart from my original Sonic Striker System which is based on the higher 4H TF.
I'd like to call it Sonic R.
Now, it is not the magic bullet, nothing is.
It is a simple EMA based yet effective system.
You can earn 50 to 400+ pips on a trade.
The Reason
And why am I sharing this, while I do not earn a penny from you for my time and effort? Because I believe Sharing is Caring.
The Setups/Rules of the system
Check out about the essence of Sonic R HERE, find out why the Sonic R set ups have been profitable.
I have put the "entry, exit, SL and TP" rules with all necessary indicators into "SonicR or SonicRV2 or SonicRV3" zip file.
SonicRV3 is created with better and more comprehensive examples...
Please refer to the attachment of this post and you can learn how to install and load the Sonic template properly , HERE
The Expectations
I have no commercial interest in sharing this system.
You can say thanx to me by posting comment in my profile, "vouching" me in my profile and rating to this thread (on the right hand corner of this page).
Please don't be a silent lurker. Get yourself invlove in this community, sharing with others as well about your experiences and trade set ups.
Let's get the ball rolling..