Sonic R System

January 23, 2009 by hyiperz

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The Story
My name is Sonic. I have been trading for a near 2 years now and been a blessing so far.
In the start, I hunted for the holy grail <aka> indicators that gives buy/sell with 0 loss, just like many of you.
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 to the price too.
After reading many TA systems, books and LIVE trading, I have found out about the importance of General trend, Higher, High Higher Low, S & R and fib <for advance user> and most pro use minimal to none indicators at all. They call it K.I.S.S.

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.

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 long enough to withness 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.