It’s Monday, February 10th, and today, we’re diving into the Sonic Trading System. I’ll walk you through both the NinjaTrader and TradingView versions, ensuring you can seamlessly follow signals on either platform. Before we begin, a quick reminder: trading involves risks, so never trade with funds you cannot afford to lose.
Market Breakdown: S&P 500 (E-mini & Micro)
At 11:25-11:30 AM, multiple short signals were identified on the chart. I rely on both the Trade Scalper and the Sonic Trading System to validate trade signals before entering a position. While both systems are rooted in price action, they each offer a unique perspective.
For a limited time, the Trade Scalper is included free with the Sonic Trading System!
Trade Execution on NinjaTrader
A short signal was generated at 6084 using NinjaTrader.
- I activated the ATM strategy to automate targets and stops.
- This semi-automated approach is well-suited for Apex and other funded accounts.
- I recommend waiting for a better entry price to improve your risk-reward ratio.
Pro Tip: Delaying your entry slightly can sometimes yield a more favorable risk-reward ratio.
Once entered, I prefer an immediate move in my favor to minimize uncertainty and avoid extended sideways action.
The Sonic System also provides audible alerts and text notifications to help traders stay on top of opportunities. You can even customize the notification sounds.
Sonic Trading System on TradingView
Switching to TradingView, I use live data (not delayed or simulated).
- The same short signal appeared at 6084.
- Built-in filters confirm market alignment.
- I assess market conditions to avoid trading during extreme volatility or sluggish movement.
Key Indicator: The ATR (Average True Range) helps determine if market conditions are ideal for trading.
Both my NinjaTrader and TradingView setups utilize a 1-minute timeframe for consistency.
Executing a Live Trade Strategy
A fresh short signal at 6082.50 appeared on both platforms.
- I set up side-by-side charts to cross-check accuracy.
- The market retraced, highlighting the importance of better pricing.
- Improving entry points results in:
- Larger targets
- Lower risk
- Better risk-reward ratios
Shortly after, the trade hit its target at 6081, securing a $100 profit per contract (two points)!
Scaling Up: With multiple contracts, this could translate to $200, $400, or even $800 per trade, but always start small and scale up gradually.
Join the Sonic Trading System Community
Want to learn more? Visit DayTradeToWin.com and sign up for a free member account.
- Gain access to software trials, including ABC software.
- Learn price action trading and avoid ineffective indicators.
- Utilize proprietary tools like the Sonic Trading System.
- Join accelerated mentorship for instant access to all trading software.
Let’s get you set up for success. See you in the next training session!