Sonic R. System | Page 2136 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Sonic R.evolution 95 replies

The System Behind the System, by Merlin Jeffries 16 replies

Old School Sonic System + Other Things 11 replies

Knife system, Vegas 4h system related questions. 4 replies

Would you trade this system? New system #2. 10 replies

Attachments: Sonic R. System
Exit Attachments

Sonic R. System

  • #42,701
  • Jan 9, 2013 10:56am Jan 9, 2013 10:56am
Quoting sonicdeejay
EU Looking bearish.. if 1.306x get broken strongly again...Sonic
Quoting traderathome
EU Comment:

In the early asian session it looks like the mkt. sentiment is bearish; a selloff and perhaps preceded by a brief upwards SL hunt on shorts so additional profits can be had on the trek down. The support area mentioned by Sonic is intact, so price might range for awhile. The FO/LO and US SM might repeat SL hunts, too, before starting another price mark-down drive, down thru this support. The lower whole number area coincides with RDL, which makes for a nice target 70+ pips below the support. If a short setup occurs above support today,...
Quoting fex
Complete failure in predicting the price has finished breaking the lower guideline (breakout). SM was not accumulating, but distributing. I entered short on the breakout.
As Master Sonicdeejay would say, "Told cha!"
Attached Image(s) (click to enlarge)
Click to Enlarge Name: jan 2013 - 031.gif Size: 41 KB
Click to Enlarge Name: jan 2013 - 046.gif Size: 39 KB
  • #42,702
  • Jan 9, 2013 11:02am Jan 9, 2013 11:02am
Quoting Shooter150
eur jpy entered long

Attachment
hit my take profit +43

Attached Image (click to enlarge)
Click to Enlarge Name: 282.jpg Size: 129 KB

Attached Image (click to enlarge)
Click to Enlarge Name: 283.jpg Size: 117 KB
" Support/Resistance is your friend .. and TREND your girlfriend .. "
  • #42,703
  • Jan 9, 2013 11:04am Jan 9, 2013 11:04am
Nice little scalp/scout.

+ 29 pips.

Based on London taking profit and Us running stops and heading for higher shorting ground.

Regards,

H.
Attached Image (click to enlarge)
Click to Enlarge Name: eu 09-01-2013.gif Size: 34 KB
"The future is already written in the past"
  • #42,704
  • Edited 11:36am Jan 9, 2013 11:14am | Edited 11:36am
Quoting ArtfulDodger
I, like I suspect do many here, have a problem wrapping my brain around the VSA indicator. The colors and lengths seem to scream out a DIRECTION in my feeble mind, when all the time I KNOW it really just means "activity levels" indicating a possible move in one direction or the other.

I wonder if we would be better served by some type of indicator that only shows percentage amounts of activity....like a tachometer gauge that shows "low, medium, and high" activity. Something simple that could be shown in the main chart window near the current...
The "tachometer" idea won't work very well. Firstly, too complex a thing to be allocated to just current candle, below it on the chart. Secondly, once new candle starts, you lose the activity history as the tachometer resets for the new current candle. All the previous candles would show nothing!

The old SonicR Volume indicator is part of a suite of volume displays included in the new SonicR VSA Volumes Suite. It has the low/med/high type display you mention. To go with it is the new SonicR VSA Candles Suite indicator, which displays VSA, standard and Heiken-Ashi candles. See sample pics. below. It is still a work in progress, so don't ask for it now.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: jan 2013 - 047.gif Size: 37 KB
Click to Enlarge Name: jan 2013 - 048.gif Size: 36 KB
Click to Enlarge Name: jan 2013 - 049.gif Size: 39 KB
  • #42,705
  • Jan 9, 2013 1:11pm Jan 9, 2013 1:11pm
hi sonikers,

have been away for a while. could someone direct me to latest version of indicators and trade manuals? thanks!!
"Taking Responsibility is The Cornerstone of A Winning Attitude"
  • #42,706
  • Jan 9, 2013 1:20pm Jan 9, 2013 1:20pm
Quoting ArtfulDodger
I, like I suspect do many here, have a problem wrapping my brain around the VSA indicator. The colors and lengths seem to scream out a DIRECTION in my feeble mind, when all the time I KNOW it really just means "activity levels" indicating a possible move in one direction or the other.

I wonder if we would be better served by some type of indicator that only shows percentage amounts of activity....like a tachometer gauge that shows "low, medium, and high" activity. Something simple that could be shown in the main chart window near the current...
I'd like to think of the SonicR method as a marriage of Raghee Horner's Trend Wave Trading and Tom Williams Volume Spread Analysis.
Most of us can wrap our heads around wave trading there aren't a lot of spot forex traders who use volume, but it seems to be gaining popularity.

If you want to know about VSA you NEED to read Master the Markets by Tom Williams
Which can be easily obtained via Google search "Master the Markets PDF"

I won't post a direct link as I'm not sure if the document is free to the public or meant to be purchased.

Both methods are able to be traded independently but Sonic combining them allows us to trade the markets even when it is not trending (wave) via VSA.
Some video logs I've watched to help me learn can be found here:

https://www.youtube.com/user/petefaders

He has commercial interests however posts quite bit of good free content.

VSA is a very powerful tool, just make sure you guys are not blindly using indicators without the proper education first.

I don't want to derail this thread, so any questions concerning VSA you might wanna ask me *AFTER* you've read master the markets you can PM me. If it is a question that would help the population of this thread I'll post the QA here for the benefit of all.

Thanks again to Sonic and TAH for a great thread.
-Mezzy
  • #42,707
  • Jan 9, 2013 7:54pm Jan 9, 2013 7:54pm
EU Comment:

Yesterday Sonic pointed out the 1.306x support area as the area for PA to break down thru, to show good bearishness. The break down came late in the day. Since then, PA has back tested local resistance in the same area. And the Dragon is now resuming good down angle. However, there are over six hours to go until the LO. And almost twelve hours to go to the USD high impact release. What if a setup occurs prior?

No one knows what BM (Big Money) is going to do today, or when. It is a reasonable bet though that even if PA forms a setup prior, another happens later. In fact, there is already a current setup, but also plenty of time for a PA pullback and another setup later.

I've boxed some candle wicks from yesterday to point out the bearishness of BM. Each time BM maneuvered prices up it stabbed high (hunting SLs on shorts?). If the USD release results in BM moving prices down, there is (due to their greed and capability) a chance for more high stabbing first. The red resistance line could be breached again by PA that could go to the 3/4 number, or even the upper whole number area (BM looking to take out shorts and use that liquidity to fill more of their own orders for shorts).

In conclusion, PA yesterday showed bearish prior to breaking down thru the resistance area, and again on retesting it. But with important releases coming, BM might take price above that area again, seeking shorts. If PA starts down beforehand, it might just be BM encouraging folks to go short prematurely. This would put more shorts on the books, many with SLs that BM can hit later. Therefore, consider carefully whether to enter any setup that occurs early today because a lot of temporary bull action could occur later in the London session. This is all predicated on a bearish outlook, of course.
Attached Image (click to enlarge)
Click to Enlarge Name: jan 2013 - 050.gif Size: 35 KB
  • #42,708
  • Jan 9, 2013 8:05pm Jan 9, 2013 8:05pm
AU Comment:

It has been over 1.5 hours since the AUD high impact release. The USD high impact release is in about 11.5 hours. Apparently BM decided the best strategy for profit is the Pump & Dump. And so, here it goes!
Attached Image (click to enlarge)
Click to Enlarge Name: jan 2013 - 051.gif Size: 29 KB
  • #42,709
  • Jan 9, 2013 8:12pm Jan 9, 2013 8:12pm
Quoting traderathome
AU Comment:

It has been over 1.5 hours since the AUD high impact release. The USD high impact release is in about 11.5 hours. Apparently BM decided the best strategy for profit is the Pump & Dump. And so, here it goes!
Price is really headed North. Do you think it would be a good idea to go for a scout short soon?
  • #42,710
  • Jan 9, 2013 8:23pm Jan 9, 2013 8:23pm
AU: Entered Scout short. Will group with other previous running shorts in next post on this subject.
Attached Image (click to enlarge)
Click to Enlarge Name: jan 2013 - 052.gif Size: 34 KB
  • #42,711
  • Jan 9, 2013 8:41pm Jan 9, 2013 8:41pm
Quoting traderathome
AU: Entered Scout short. Will group with other previous running shorts in next post on this subject.
What would be your TP on this TAH?
  • #42,712
  • Jan 9, 2013 8:41pm Jan 9, 2013 8:41pm
Quoting traderathome
EU Comment:

Yesterday Sonic pointed out the 1.306x support area as the area for PA to break down thru, to show good bearishness. The break down came late in the day. Since then, PA has back tested local resistance in the same area. And the Dragon is now resuming good down angle. However, there are over six hours to go until the LO. And almost twelve hours to go to the USD high impact release. What if a setup occurs prior?

No one knows what BM (Big Money) is going to do today, or when. It is a reasonable bet though that even if PA forms...
AUD has shot up on very good Chinese data...
  • #42,713
  • Edited 9:02pm Jan 9, 2013 8:45pm | Edited 9:02pm
Quoting traderathome
AU Comment:

It has been over 1.5 hours since the AUD high impact release. The USD high impact release is in about 11.5 hours. Apparently BM decided the best strategy for profit is the Pump & Dump. And so, here it goes!
AU:

So, now it is a question of how many idiot suckers are there that will take the "buy" side of BM sell orders up here? 'Cause, I'd imagine the BM plan is to keep the price up until the USD release so they can have lots of time to finish closing any unclosed longs (sell) and continue to build the short position (more sells). For BM, the longer they hold the price up, the better for them to do these things. But, they need sucker "long" traders to take the "buy" sides of all of this business!

Gee, if they manufacture another pop-up or two, BM might even fool me into being bullish!
Attached Image(s) (click to enlarge)
Click to Enlarge Name: jan 2013 - 053.gif Size: 24 KB
Click to Enlarge Name: jan 2013 - 054.gif Size: 27 KB
  • #42,714
  • Jan 9, 2013 9:13pm Jan 9, 2013 9:13pm
AU (Cont'd):

So many hours to go.......
Attached Image (click to enlarge)
Click to Enlarge Name: jan 2013 - 055.gif Size: 26 KB
  • #42,715
  • Jan 9, 2013 9:39pm Jan 9, 2013 9:39pm
Quoting sonicdeejay
Love it...Am not feeling well.. Sonic
Master Sonicdeejay, I presume you are not feeling well as the result of something physical, rather than because of debt! Orange juice, bananas, soup, lots of rest. The flu is striking. It will pass.

I Pray for You and Yours,
-tah
  • #42,716
  • Jan 9, 2013 9:45pm Jan 9, 2013 9:45pm
AU (Cont'd):
Attached Image (click to enlarge)
Click to Enlarge Name: jan 2013 - 056.gif Size: 33 KB
  • #42,717
  • Jan 9, 2013 10:20pm Jan 9, 2013 10:20pm
Market Moving Slow



Inserted Video
  • #42,718
  • Jan 9, 2013 10:47pm Jan 9, 2013 10:47pm
Quoting traderathome
AU (Cont'd):

So many hours to go.......
Hi tah,

I think second candle that you marked as climax selloff should be a bearish candle ? I see a bull candles .

I hate to see this channel
Attached Image (click to enlarge)
Click to Enlarge Name: 1.gif Size: 53 KB
Keep Simple...!
  • #42,719
  • Edited 11:55pm Jan 9, 2013 11:39pm | Edited 11:55pm
AU Speculation

Here is my take on the current AU situation, from a VSA standpoint.

Enjoy,
Mezzy

Note: I'm aggressive on my entry here, it is entirely possible that momentum could pick up off of this with the LO and invalidate my No Demand signal. If you can't afford to be aggressive wait for your entry to be 100% confirmed as a no demand scenario.

Also there is a bit of high impact news coming out later, so just watch out for wild swings.
Attached Image (click to enlarge)
Click to Enlarge Name: ndsignal.jpg Size: 104 KB
  • #42,720
  • Edited 1:56am Jan 10, 2013 1:14am | Edited 1:56am
AU Pump & Dump (Cont'd):

The market is now less than an hour away from the London open. The bears have errected their Bull Flag in the hopes of ensnaring lots of them, leaving them as Bag Holders by the end of the day.
Attached Image (click to enlarge)
Click to Enlarge Name: jan 2013 - 057.gif Size: 26 KB
31 traders viewing now