Hello Traders! Today, we’re taking an in-depth look at the Sonic Trading System by reviewing an hour of live trades that took place between 11:00 AM and 12:00 PM on Friday, August 30th. Whether you’re a seasoned trader or just starting out, this review will give you insight into how this system operates in real-time.
If you have any questions, feel free to reach out to us at support@daytradetowin.com.
Before diving into the details, it’s important to remember that trading carries significant risk. Always trade responsibly and only with funds you can afford to lose. Now, let’s get into the trades!
The Sonic Trading System is designed to provide traders with clear signals for entering and exiting trades, as well as setting targets and stops. On the charts, you’ll see signals indicating when to go long (buy) or short (sell), with green lines marking targets and red lines marking stops.
Here’s a breakdown of the trades from the hour we analyzed:
These examples showcase the Sonic system’s ability to deliver consistent results, even when trading both long and short positions.
One of the key takeaways from this session is the importance of focusing on specific trading windows. As a day trader, it’s more efficient to select a few hours to trade rather than sitting at your desk all day. Ideally, within the first two to three hours of trading, you should aim for around 8 to 10 trades. If you’re not up for the day, remember that there’s always another opportunity tomorrow.
This hour-long session highlights how the Sonic Trading System can be effective in a short period. If you haven’t already, consider signing up for a free member account at daytrade.com, where you’ll have access to valuable resources like training videos, the ABC indicator, and more.
The Sonic Trading System operates with two primary alerts: Alert 1 and Alert 2. These alerts appear on your chart at specific prices, guiding you on when to enter a long or short position. Typically, these signals occur at the close of a candle, accompanied by corresponding target and stop lines that you can adjust based on the Average True Range (ATR).
Most traders set the ATR between 75% and 100%, but it can be adjusted higher if you prefer larger targets. Smaller targets are often hit more quickly, sometimes within just 5 to 10 minutes, making them ideal for fast-paced trading sessions.
For instance, a short signal at 10:55 AM was successfully executed at the specified price, with the target quickly reached. This demonstrates the precision and reliability that make the Sonic system a favorite among traders.
The Sonic Trading System isn’t limited to one-minute charts. It’s versatile enough to be used on tick charts, range charts, and even longer timeframes like 30-second or 5-minute charts. Traders have successfully applied the Sonic system across various platforms, including NinjaTrader and TradingView.
Additionally, the system includes a valuable filter represented by a dotted line on the chart. This filter helps determine whether trades should be taken to the long or short side based on current price action. It’s particularly useful in strong trending markets, helping you align your trades with the prevailing trend.
During the one-hour period we reviewed, the Sonic Trading System generated about ten trades, most of which were winners. If you’re intrigued by what you’ve seen and want to learn more, visit daytradetowin.com. We also offer a mentorship class where you can learn to trade price action alongside experienced professionals.
Until next time, happy trading!
Fed Chair Powell: Economic Strength Lets Fed Take Cautious Approach on Rate Cuts Federal Reserve…
When it comes to achieving consistent success in day trading, understanding the nuances of entry,…
Investors are increasingly focused on the future of inflation, even as today’s consumer price index…
Though stocks have recently enjoyed a strong run, Deutsche Bank strategists have highlighted that stock-market…
Today, we’re going to examine the Sonic Trading System in action. With multiple signals already…
Tony Roth, Chief Investment Officer at Wilmington Trust, projects that the S&P 500 could climb…