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Sonic R. System

  • #20,761
  • May 19, 2011 1:41pm May 19, 2011 1:41pm
Quoting traderathome
EU:

Stopping volume on H1, on a very fast drive back up to previous S&R. I am trying not to form a bias, so just the facts. And an interesting fact here is that the quick move up happened AFTER the London close. And also, the price is consolidating now at this S&R area. If an S&R area is to be broken, it is NOT customary to move the price TO IT, and then consolidate. It is more customary to pull back the price and consolidate for a move THRU IT!

I have sent out a SS short at ES1 = 1.4321.
Thanks TAH...i hadn't seen that H1 resistance...i decided to take my pips and i'll wait a better timing tomorrow...maybe the huge movement tomorrow?? or tonight in asia sesion?? who know...


anyway +44 pips...+82 pips today trading just the EU...

No bad in range day.

Best Regards.
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"Being picky only cost your time - not MONEY"...Hans
  • #20,762
  • May 19, 2011 1:59pm May 19, 2011 1:59pm
Quoting enigma4x
it is very easy to see with better volume or sonic r vsa ...

I can only speak for better vol, because I dont´t trade the TAH version ...

may he should help to explain it for his sonic r vsa volume...

climax in generally means inbalance between demand and supply ...

Better Volume:
Climax UP - red - demand is comming in
Climax Down - white - supply is comming in

I know the most use this for entry ... for me it is great tool for exits ...

but beware whith this info ... it is only my interpretation. I´m shure
there are a lot of real...
SonicR VSA vs Better Volume was developed to tailor and simplify things for SonicR trading.

Better Volume tracks four candle groups: climax, churn, churn climax and low volume. There is no need for low volume tracking. There is no need for climax churn when you already have climax and churn. There is no need for churn, since the resultant PA is totally undependable and is far more influenced by climax bars. Finally, the climax bars are often color coded opposite from their bull/bear status, which can be extremely confusing.

SonicR VSA tracks only two situations: volume rising above average, and climax volume. Volume rising above average, especially in a PA WAVE leg 2 is a much more dependable situation regarding subsequent PA than most everything in Better Volumes, as SonicR trading is concerned. Climax volume is most dependable when viewed only as possible starting or stopping volume, and it is far less confusing when the climax volume bar colors green/red coincide with the candle bull/bear status.

All in all, the SonicR VSA with alerts for stopping/starting volumes, I feel is a far superior indicator for SonicR trading.

But, use what you want to use.

Regards,
-tah
  • #20,763
  • May 19, 2011 2:12pm May 19, 2011 2:12pm
hi TAH,

how can i access the sonic volume with alerts.

thank you in advance
"Taking Responsibility is The Cornerstone of A Winning Attitude"
  • #20,764
  • Edited 8:04pm May 19, 2011 2:25pm | Edited 8:04pm
These terms, "Supply" and "Demand", are readily understandable when applied to stock trading; supply referring to stocks being supplied back into the market due to heavy selling, and demand referring to stocks being pulled out of the market due to heavy buying. "Naked shorting", which is supplying into the market thru the selling of shares that don't even exist, can make a mockery of "supply and demand",.....but don't get me started on that! That is what happens when the foxes are allowed to "self-regulate" the hen house, and when federal oversight via the SEC, is incompetant to say the best, and corrupt to say the worst.

These terms can foster confusion when applied to forex trading, because there is no "finite" number of "shares" being traded. "Supply" is really "Weighted Selling" and "Demand" is really "Weighted Buying". These terms might be more appropriate because the amount of currency traded constantly varies, and the real issue is whether sellers or buyers are most likely to dominate at any given level of S&R.

Regards,
-tah
  • #20,765
  • May 19, 2011 2:26pm May 19, 2011 2:26pm
Quoting samuelngugi
hi TAH,

how can i access the sonic volume with alerts.

thank you in advance
I don't know if Sonicdeejay has added the releasing post to Post#1 yet. If not, it is a part of the new release made last weekend. Just look back to find that releasing post.
  • #20,766
  • May 19, 2011 4:01pm May 19, 2011 4:01pm
at last got some +34 pips on EU while was trying to find corelation between heineken, budweiser, veltins, erdinger...
  • #20,767
  • May 19, 2011 4:10pm May 19, 2011 4:10pm
Quoting traderathome
These terms, "Supply" and "Demand", are readily understandable when applied to stock trading; supply referring to stocks being supplied back into the market due to heavy selling, and demand referring to stocks being pulled out of the market due to heavy buying. "Naked shorting", which is supplying into the market thru the selling of shares that don't even exist, can make a mockery of "supply and demand",.....but don't get me started on that!

These terms can foster confusion when applied to forex trading, because there is no...
Great explanation, thanks for clear it TAH.

Regards.
"Being picky only cost your time - not MONEY"...Hans
  • #20,768
  • May 19, 2011 4:17pm May 19, 2011 4:17pm
those are all beers

Quoting kimis
at last got some +34 pips on EU while was trying to find corelation between heineken, budweiser, veltins, erdinger...
  • #20,769
  • May 19, 2011 5:39pm May 19, 2011 5:39pm
Quoting sonicdeejay
On my way, after long day wok..
Being in proj managing position is such a killer..

Anyway..we have big impact news coming up in an hour time..

Trade safe fellas.. See u at 1.437xx

Sonic

Seeing is believing?

Gd Morning.

Sonic
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  • #20,770
  • Edited 8:07pm May 19, 2011 6:32pm | Edited 8:07pm
Quoting sonicdeejay
Seeing is believing?

Gd Morning.

Sonic
Good morning, Sonic. There isn't anything yet to "see". The 1.437x area is still a ways off. It is within the average range, yes; so is the 1.417x area.

The last time price was at its current area around the 1.4300 whole number, it happened early in a London session, and had high volume behind it. The rise yesterday was after the London session had closed. The price went up on much less volume.....almost as an afterthought, or at least without interference from London session trading syndicates. So was it "buying motivated", or was it manipulation upwards that was "selling motivated"?

The H1 candle that probed the highest yesterday was followed by a candle of higher volume that dropped the price significantly from those highs. That looks like "weighted selling" at the 1.4300 area. That makes repeat moves back up to this area understandable. BBs are going to want opportunity after opportunity to add to their selling positions at as high a price as possible, without overspending to get the price up there and keep it up there while they work at it.

Admittedly, from this whole number area, the next price move could be either way. But yesterday, the downside volume was much, much, much more than the upside volume. Yet price finished higher! I see that as something to be suspicious of! .....not to mention that days ago when price got up here, it then fell like a rock!
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  • #20,771
  • May 19, 2011 6:36pm May 19, 2011 6:36pm
That will be fun,
One is bullish while another is bearish..
Ironically, both fellas make $$.. Aren't we?

Let t mkt decide..
Sonic
  • #20,772
  • May 19, 2011 8:52pm May 19, 2011 8:52pm
I m bullish that It will go to 1.434x, 1.437x..
But Presevation is still the key..
Trading IS NOT abt who wrong or right but money in the acc is important..

So, My long @ 1.422x is SL @ BE..abt 80 pips + as of now..


Today is fx option expiration day,, expect the unexpected...

Sonic
  • #20,773
  • Edited 9:24pm May 19, 2011 9:09pm | Edited 9:24pm
Quoting sonicdeejay
I m bullish that It will go to 1.434x, 1.437x..
But Presevation is still the key..
Trading IS NOT abt who wrong or right but money in the acc is important..

So, My long @ 1.422x is SL @ BE..abt 80 pips + as of now..


Today is fx option expiration day,, expect the unexpected...

Sonic
Sonic's Outlook For The Week:
Bias: Bearish
Next stop: 1.400x 1.4387x level
Resistance: 1.444x level

Master, I don't understand!
You start the week with a bearish bias, and just because the first 4 out of 5 days the price rises, you are switching?

(All in fun, folks. Predicting Bull or Bear is a Bitch! That is why it is best to enter every London session withou a bias. And if a SonicR setup occurs, then trade its direction; but with sensible money management.)

On the Daily chart, note that the volume has been dropping off over the last three days. It is as if traders are less and less sure about the upward move the more it progresses. But that does not mean upwards progress will cease.
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  • #20,774
  • Edited 10:18pm May 19, 2011 9:35pm | Edited 10:18pm
Looks like I gotta put disclaimer in my w1 prediction.. I make wrong call few times but I made right call many time.. And I can change bias intraweek,, I can't ignore the obvious as the week goes by

I m bullish since few days back,,
How can I make $$, if i am not ahead of the price movement,.

I expect to see 1.434x and possibly 1.437x lvls hit..But no so sure after that.


Let mkt decides and shows..
Sonic
  • #20,775
  • May 19, 2011 10:17pm May 19, 2011 10:17pm
Quoting sonicdeejay
Looks like I gotta put disclaimer in my w1 prediction.. I make wrong call few times but I made right call many time.. And I can change bias intraweek,, I can't ignore the obvious as the week goes by

I m bullish since few days back,,
How can I make $$, if i am not ahead of the price movement,.

Let mkt decides..
Sonic
The total does not hundred per cent right, as long as the success rate than high failure rate, according to the rules, you finally Winner
  • #20,776
  • May 19, 2011 10:20pm May 19, 2011 10:20pm
Quoting traderathome

(All in fun, folks. Predicting Bull or Bear is a Bitch! That is why it is best to enter every London session withou a bias. And if a SonicR setup occurs, then trade its direction; but with sensible money
Golden words.. TAH Sir..
  • #20,777
  • May 20, 2011 12:56am May 20, 2011 12:56am
Interesting news in 5mins time..1.432x now..
Break up or down..

Sonic
  • #20,778
  • May 20, 2011 1:15am May 20, 2011 1:15am
Quoting traderathome
Sonic's Outlook For The Week:
Bias: Bearish
Next stop: 1.400x 1.4387x level
Resistance: 1.444x level

Master, I don't understand!
You start the week with a bearish bias, and just because the first 4 out of 5 days the price rises, you are switching?

(All in fun, folks. Predicting Bull or Bear is a Bitch! That is why it is best to enter every London session withou a bias. And if a SonicR setup occurs, then trade its direction; but with sensible money management.)

On the Daily chart, note that the volume...
@TAH Never fix targets in you mind.

enigma4x
enjoy my life ... and ride the waves - all what I do
  • #20,779
  • May 20, 2011 2:04am May 20, 2011 2:04am
Hi traders,

its me enigma.

you know I´m not a part of the herd

so my point of view for today.

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I´m outa. enjoy the weekend - see ya next week.

enigma4x
enjoy my life ... and ride the waves - all what I do
  • #20,780
  • May 20, 2011 2:35am May 20, 2011 2:35am
Quoting enigma4x
Hi traders,

its me enigma.

you know I´m not a part of the herd

so my point of view for today.

Attachment

I´m outa. enjoy the weekend - see ya next week.

enigma4x
Hey!

If you don't mind could you please post your indicators and template when you have the time. thnx

Regards

Ali
Raza
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sonicdeejay