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Sonic R. System

  • #10,501
  • Mar 3, 2010 1:59pm Mar 3, 2010 1:59pm
EJ Trading Outfits Jockeying for Position:

Rectangle in first chart (M5) shows some outfit decided to initiate a pullback, probably to buy long at a lower price. But first they loaded up short, then sold it down. They cover at the bottom and now the price is lowered, so they can resume the accumulation of their long position, now at lowered prices. Neat, huh? And they made money doing it!

You can see in the rectangle on the second chart (M1) how the trading increased dramatically once they got the price lowered.

I was hopefull they would take it below the whole number, where I am waiting to add to my long position. But, alas, not yet anyway.

Edit: Warning - Speculation! As Sonic says, we trade SonicR method, and we........LET THE MARKET DECIDE.
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  • #10,502
  • Edited 3:54pm Mar 3, 2010 2:48pm | Edited 3:54pm
EJ:

How would you interpret the attached chart? I killed some time creating a chart that sends a message. But, is it the right message?

SonicR: Let the market decide.

Edit: Changing the period of NVO to match that of CCI, second chart clearly shows the increased trading at all lows and thru the consolidation period marked by the larger rectangles. BTW, by illustrating the potential for a long trade, I am not trying to "sell" to anyone. I am simply illustrating how some SonicR method tools can be used to try and get a handle on PA. If you have not seen it already, when NVO spikes the same time as CCI spikes, at significant PA lows or highs, there is the increased possibility of a reversal. But when this happens between significant PA lows/highs it is more likely signaling support for the current PA drift. A key to using PA, CCI and NVO all in conjunction with one another, is to look for significant PA low/highs simultanteous with significant spikes in both CCI and NVO. For example, if PA seems to be at a significant L/H and NVO shows a strong spike, but the spike on CCI is weak, then this is not a clear signal for possible reversal, and may turn out to have signaled support of the current PA drift.

Edit: A note about using caution with indicators. All indicators are lagging indicators, even PA. They show what HAS happened, not what WILL happen. There are times, however, when a simple combination of just a few indicators creates a "picture" that, historically, is followed by PA movement that can be traded with somewhat less risk. The PA "wave" about the Dragon is for the SonicR method, the primary simple combination of two indicators (PA and Dragon) that gives us a constantly changing picture. When it matches the picture we are looking for, it signals the SonicR method setup. The "companion" use of the Trend Line (89 ema), the CCI, and NVO are to see if they support, or do not support, the expectancy we have for the SonicR method setup.
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  • #10,503
  • Mar 3, 2010 4:44pm Mar 3, 2010 4:44pm
EU - PA, Dragon, CCI and NVO:

In attached M15 chart, the first set of rectangles is where PA spiked down, CCI spiked down, and NVO spiked. They were all strong spikes. PA eventually moved up. The second set of rectangles is where there were multiple PA spikes both up and down, but the CCI spikes were only up, and NVO continuously spiked. Here, because the CCI spikes were up and with NVO spikes, one might expect a reversal. But note that the CCI spikes were weak. PA continued the upward move. One hypothesis regarding the whipsawing here is that trading outfits were manipulating price up and down, trying to get more long postions (or get rid of their short positions) by creating PA that would coax others to take on the short side of trades. Warning: Speculation!

SonicR - Let the market decide.
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  • #10,504
  • Mar 3, 2010 5:44pm Mar 3, 2010 5:44pm
Hi everyone... I am following this thread some days now, and learning to use this wonderful system. Thank you Sonic for sharing it ! And thanks to all you who administer this thread.

Now, I have a question. Would it be possible to trade this system on a higher TF, like H1 or H4 ? (not higher then H4 ...)

Is there something we should note while trading on those TFs?

P.S. Sonic, I like Singapore, its a fantastic country. Would like to visit it in the future
  • #10,505
  • Mar 3, 2010 5:54pm Mar 3, 2010 5:54pm
Quoting mr.fibo
Hi everyone... I am following this thread some days now, and learning to use this wonderful system. Thank you Sonic for sharing it ! And thanks to all you who administer this thread.

Now, I have a question. Would it be possible to trade this system on a higher TF, like H1 or H4 ? (not higher then H4 ...)

Is there something we should note while trading on those TFs?

P.S. Sonic, I like Singapore, its a fantastic country. Would like to visit it in the future
"Would it be possible to trade this system on a higher TF....." -

It seems this question will NEVER go away! You can trade any method on any TF.....just by making your own decision to do so. Does that mean the decision is a wise one? Try it and find out.

If you will take the time to read beginning posts in this thread you will come to understand the SonicR method is to capture on the M15 chart, a possible move indicated by the PA pattern on a higher chart, primarily the H4 chart.
  • #10,506
  • Mar 3, 2010 6:05pm Mar 3, 2010 6:05pm
Quoting traderathome
EJ Potiential Move Up:

Look at your M15 charts for UJ, then EU, and then EJ. You will see the same thing as with the previous session. The dollar continues strengthening against the yen. The euro continues strengthening against the dollar. But, the euro is not so much strengthening against the yen! Not yet, anyway. Now the math says if A>B and C>A, then C>B! Therefore, why is not the euro climbing more against the yen? Or, maybe the correct question is ......WHEN does the real climb start? The euro and dollar are both up only about 60 pips against...
"Are the Big Dogs decided to have their Asian session group start the run, next session? (Warning: Speculation!)" --

EJ Long Trade:

Well, maybe afterall, the Big Dogs did sanction their Asian Group to start a run......
Edit: I am raising targets. See second chart. It is a new day, and a whole new day range to work with.
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  • #10,507
  • Mar 3, 2010 10:22pm Mar 3, 2010 10:22pm
I think we may expect some good Bullish action on GU next week.
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Starting to see instead of just looking.
  • #10,508
  • Mar 4, 2010 1:17am Mar 4, 2010 1:17am
Hello Sonikers!

It looks like we have a Sonic R set-up forming on EU 1H TF + I see a convergence forming on Stoch. on EUR, if it developes I'm going long. First target is 1.3786 which is weekly mid avg lvl + it coinsides with 161 fib ext.

TAH, did you recieve my e-mail?

Regards,
Snu.
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  • #10,509
  • Mar 4, 2010 1:29am Mar 4, 2010 1:29am
Quoting snusnufreak
Hello Sonikers!

It looks like we have a Sonic R set-up forming on EU 1H TF + I see a convergence forming on Stoch. on EUR, if it developes I'm going long. First target is 1.3786 which is weekly mid avg lvl + it coinsides with 161 fib ext.

TAH, did you recieve my e-mail?

Regards,
Snu.
SNU

Am I going mad? Quite possibly, but I only see a high-low Lower-High Lower Low on H1 and bearish Div on macd.

Looks even more Bearish on M15.
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Starting to see instead of just looking.
  • #10,510
  • Mar 4, 2010 1:40am Mar 4, 2010 1:40am
Quoting Rastaman
SNU

Am I going mad? Quite possibly, but I only see a high-low Lower-High Lower Low on H1 and bearish Div on macd.
Well, anything can happen, Rastaman, I shared with you guys my vision.
Personally, I think those H-L-LH you mentioned are insignificant for 1H TF, I use the semafor indicator (the dots on my chart) for the purpose of identifying the H-L-LH or L-H-HL formations.

As for now Sonic channel is blue and sloping upwars, plus we're above 89 EMA. So I'm not looking for any shorts on 1H TF yet, Short term (15M) - yes, but i think the set-up u're mentioning is allready developing strating from asia session.
  • #10,511
  • Mar 4, 2010 2:04am Mar 4, 2010 2:04am
Quoting snusnufreak
Well, anything can happen, Rastaman, I shared with you guys my vision.
Personally, I think those H-L-LH you mentioned are insignificant for 1H TF, I use the semafor indicator (the dots on my chart) for the purpose of identifying the H-L-LH or L-H-HL formations.

As for now Sonic channel is blue and sloping upwars, plus we're above 89 EMA. So I'm not looking for any shorts on 1H TF yet, Short term (15M) - yes, but i think the set-up u're mentioning is allready developing strating from asia session.

I see SNU, good analysis...It is always best to stick to your convictions.

Thanks for taking the time to explain your insight.
Starting to see instead of just looking.
  • #10,512
  • Mar 4, 2010 2:52am Mar 4, 2010 2:52am
Quoting Rastaman
I see SNU, good analysis...It is always best to stick to your convictions.

Thanks for taking the time to explain your insight.
Exactly, just stick to your analysis. It doesn't mean that you're wrong. your vision is absolutely correct too. We had an extremum on 1H TF yesterday @ 1.3727. What I would do is wait till MACD on 15M is below zero ( see the chart - the red line) then switch to 5M and look for short after a pullback. Enter on breakout or using Sonic R. Nice and easy trade for 30-40 pips with ridiculously tight SL (~15 pips). You could enter even earlier using classic Sonic R and grab 50-60 pips. Unfortunately, I sleep during Asia ))
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  • #10,513
  • Mar 4, 2010 4:01am Mar 4, 2010 4:01am
for those who still dont beleive: look at this simple demo performance... http://www.myfxbook.com/portfolio/sonic/20170
(without nanning the charts...)
still cld do better...
  • #10,514
  • Mar 4, 2010 5:38am Mar 4, 2010 5:38am
Hello, TAH from previous post, speaks about reversal and conjonction spikes with CCI(63) and NVO(63),

On EU and EJ, can we conclude the same thing ? Are the two formations equals in strenght ?

Can we take in discussion these arguments, in order to choose between a long trade with EU and EJ ?
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  • #10,515
  • Mar 4, 2010 5:49am Mar 4, 2010 5:49am
Quoting Rastaman
I think we may expect some good Bullish action on GU next week.
Nice pointer...
Some 1 is reading PA in higher TF...

Sonic
  • #10,516
  • Mar 4, 2010 6:15am Mar 4, 2010 6:15am
Quoting sonicdeejay
Nice pointer...
Some 1 is reading PA in higher TF...

Sonic

Thanks Sonic, really busy this week and can not really concentrate with all that is going on. I am going to get some sleep/

Sent you a PM, please check it.
Starting to see instead of just looking.
  • #10,517
  • Mar 4, 2010 6:22am Mar 4, 2010 6:22am
Quoting Rastaman
I think we may expect some good Bullish action on GU next week.
GU Long Trade:

You may not have to wait until next week, Rastaman.
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  • #10,518
  • Mar 4, 2010 6:31am Mar 4, 2010 6:31am
I am thinking this may stall around 1.5125 with the news in 26 mins.
Starting to see instead of just looking.
  • #10,519
  • Mar 4, 2010 6:33am Mar 4, 2010 6:33am
EJ Long Trade:

I am still in trade. Disregard SL on chart. PA gave us again CCI spikes with great NVO spikes, and good follow-on NVO. Most interesting is the incredible concentrated consolidation at the FE 38% level (rectangel), which is many times where it happens in advance of good movement. This is taking its time, and it may take into Friday session. OK. The next step will be to re-apply FE to new low and see if targets should be adjusted.
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  • #10,520
  • Mar 4, 2010 6:45am Mar 4, 2010 6:45am
Quoting Rastaman
I am thinking this may stall around 1.5125 with the news in 26 mins.
Changed NVO period to 63. Now look at CCI and NVO, and follow-on NVO. And PA. This is a SonicR setup with L-H-HL and CCI/NVO seem to support it. This looks good to go long.

Edit: Put FE on chart (second chart) which shows FE 100% level just below where I placed TP1. That makes a reasonable trade of 70 pips from EP shown. I may have to move my TP1 down and add a TP2 at 127% level. And notice the consolidation about the FE 38% level.....
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