Sonic R. System

Indeed.. could have been more precise entry....
It is scout.. and I have set my SL.. So Come what May.. Mkts will decide..



Sonic

Mezzy, that is precisely why I suggested yesterday that you drop down to view VSA on M1! It has nothing to do with making entry on M1. It has everything to do with getting a good read on what actually happened with volume in a larger TF candle. It lets you see as good an analysis of the components of volume in that larger TF candle as you can get anywhere. This is much better than any available platform/indicator that presumes to derive such information from the incoming ticks of a single large TF candle (more on this below).

On my M1, the only green candle near lows that suggests concentrated buying is the candle making LOD. And immediately following, the bull candles volume rapidly fell off. Volume picked up again only after the price had recovered in excess of 50% of the drop. This says in all likelyhood bull volume that came in at the bottom of the move came in to save the price, and only in amounts necessary to do so. And once the price had been sufficiently ressurected, and outside longs were coming in, the increase in volume was due to SM again heavily shorting, absorbing the long buyers that were starting to get sucked in. This controlled the price as it came back up and then flat, to exactly where the drop started!

Hence, SM remains a bear and is just setting up for additional time to distribute. That way they can entrap more longs than if they allowed the price to enter the mark down phase.

Personally, I think our VSA outperforms all others. You just have to know where to look to get a better breakdown of what is happening within the larger TF candles. There is no way a platform or an indicator can accurately represent the amount of bull and bear volume in a single bar! That is because broker feeds only give volume and number of trades on each incoming tick. Some of those trades can be buyer initiated and some can be seller initiated. There is no information as to the amount of each. Just like there is no information as to the size of each! It is bogus to represent the results to users of platforms and indicators as being more informative than they are. True bull volume and bear volume within a single candle is totally unknown. Therefore, true bull and bear volume over any period on a chart is totally unknown. But by viewing both the volumes and spreads of the smaller component candles of a larger TF, you can get a fair picture of what is really going on.

I think the reason SonicR VSA outperforms is that it does not attempt to do what cannot be done. It does not attempt to classify any single bar (and therefore any collection of bars on a chart) as being predominately bull or bear. That is impossible to do because there is no data available to allow it to be done! The data suppliers to brokers (liquidity provider banks) do not provide such information, plain and simple! Promoters of indicators professing to be able to do that are flat out liars. The SonicR VSA simply denotes candles of exceptional volume or with an exceptional combination of volume and spread. Where those candles appear, and what subsequent PA and volume appears must be fully considered in any competent analysis. We don't trade on volume alone! The Sonic R. System is not a VSA trading method! The Sonic R. System uses price action and S&R. Any volume considerations are secondary. And the Sonic R. brand of VSA is as good as it can get. It does not make bogus claims as to what was bull and bear volume. It does not make presumptuous assumptions from the limitations in forex tick data. It only marks the most significant volume situations, and leaves the analysis of what they mean to the user. Yes, that is as good as it will ever get.


-tah

Hansma Alert!

I posted this yesterday, but so far no response from Hansma. This view of PA is very telling. When PA gets pulled back to the FE 24% area after already running leg #3 on the FE pattern, it is very telling. What the market (SM) is doing is reaching backwards to pick up additional cargo for the upcoming trip. It is checking the dock to be sure there isn't much northbound cargo there, and grabbing all the southbound cargo it can. In this view, however, we not only have that unique, telling pullback, but we also see whipsawing of price; up, down, back up and finishing down. This too is typical of SM building positions, jockeying prices around to sucker in "wrong side" traders so it can add to it's "right side" position. This all confirms SM is building short.

I'd sure like it if Hansma commented, as this is akin to one of his main setups, albeit on M15. I'm sure other Sonicers would appreciate his comments on this, also. And let me add, there is never a guarantee when any pattern appears on a chart, that things will go as planned. SM has the heart of a thief, and will throw in monkey wrenches whenever it deems it cost effective to steal our money. So, there may be more up and downs, but as of this point, SM has exposed it's cards.

-tah

Yen Pairs Looking Bearish (EJ Example):

UCad:

Once again, it looks to be ready to break up. Any new setup could become the real kicker. A couple hours plus until LS. Multiple CAD high impact releases in about nine hours. Could this break beforehand, leaving those waiting for the releases behind, in the dust? Or, will SM egg longs in prematurely, then whip the price down in conjunction with the releases, stealing all those longs for itself?

This could be a key day for UCAd. And having patience to wait until the LS gets underway is usually better than not having it. And in this case, maybe it would be best to wait until after the market starts to react to those releases.

This has been under accumulation for a very long time. I can think of nothing SM will allow to interfere with its planned mark up drive. So, personally, I do admit I have a bias on this. Bull. And the only comment I can add about entry is that it probably doesn't matter where or when you enter. The eventual mark up should be good enough for all entries. It is just that if you have a position before such upcoming releases, which could incite SM into whipsawing price to steal positions from others, you have a concern as to how far away to place it.

GU: This is a SonicR short setup. PA has backtested local SR already. It is just a question of what PA, maybe whipping, might happen when the GBP releases come out in about two hours.

On M15, the european market (Frankfurt Open) looks to be jumping the gun. If there is not a pullback by the London SM in conjunction with the releases, then this will be a strong indication SM is very bearish. I mean, if even they cannot pull the price back up to the dock to collect more southbound cargo before the ship sails, then things must be truely bad.

UCad:

Gotta luv the devious way SM works. Not even waiting to trap with whipsawing at release time. Just dropping the price ahead of time, and I guess as far as they will be able to manage it. This way it gives them still many hours to load up cargo from the southern docks they reach, for the trip north. Bet that still doesn't preclude whipsawing when the time comes. 'Course, that is a typical US SM move, which I guess becomes all the more likely since the London SM are cleaning off the docks before the US SM can get to them!

You know, if this is the "real deal" day for UCad to blow upwards, I'd not be at all surprised if the US SM whipsaws the price all the way down to RDL and back before all the SMs pile on together to ram the price north! Pure speculation, though born of experience and healthy suspicion.

GU: The London SM are working on a pullup from LOD caused by their own excessive shorting. They took the price down to a southern dock to load up for the sail to the southern seas, making sure the dock was more clear of northbound cargos than the last time visited, which it is. So, now a sail up northerly and around to find more southbound cargo, getting ready for the journey south to start.

Scheduled departure could be as early as in about an hour.....

Got stop out.. And Loss more by adding Long (Grave mistake for a trade a add lossing trade)..

http://genes2brains2mentalhealth.fil...3/img_8173.jpg
Sonic

i believe so as well, sm ready to bring the price down, m15 possible entry short...(vsa pros pls correct me if im wrong with my analysis as im trying to incorporate vsa with sonicr)

GU: Now SM is pumping up the price, quickly and on lower volume. Just trying to reach the Happy Short Hunting Grounds ASAP.

This weekly..gonna be in red..Thank to the trying to pick bottom and getting emotion....
Holding few running Longs but proper Stops are keyed..will let t mkt decide..


Sonic Rules.

1. Do not Over-trade big during Asian Session.. Most of the best Set Up or Proper trend occur after London Opens.
2. Never add a losing positions aka average your position.



Time to hit the books...

Sonic

GU: Entered short. Scout. Low volume pump to high grounds before releases interpreted as Pump to Dump. SL remains mental for now, and at least until after upcoming GBP high impact releases, and maybe thru the day. US open could be a concern, too.

Edit: Added second short. Scout. Updated chart.
Edit: Added third short. Scout. Updated chart. TP1 is now tentative. Need to see how this moves. Might trend down for the rest of the week.

I do not short GU at this time, but i think it's a good short entry. As long as GU below 1.5884, GU is bearish to me.

long EU, SL 1.3277, EP 1.3340

I entered short based on the red wave but got stopped out due to the burst upwards.. What happened? Was my wave analysis wrong?

EU and GU Comment

Both just moved up. GU had high impact releases. EU had nothing as an excuse. In all likelyhood, these are well overbought and about to come down......trend reversal......pro-USD moves coming. That sort of thing. So, why these pumps? Simple. SM does not want buyers interferring with their mark down phase when they start it up on these two. So, SM runs the price high, and itchy longs jump in now out of greed that they are on their way higher. They don't want to miss out. These up moves were tradeable, but the key here is that SM is bear on both, and cleaning out longs. By getting them committed now, so they don't have to be absorbed when the mark downs start. See, it is better for SM to take the short side of these longs up high, than to do so later after the mark down begins. More profit on the shorts that way. With these greedy longs committed, after SM starts the mark downs these longs will shift from greed to fear and sell, adding momentum to SM's mark downs.

GU chart attached. We'll see where things go from here, now that SM has price in the testing area, to see if there are longs that could interfere with any upcoming initiation of mark down. The more longs that start coming in now, the more liquidiy for SM to short at high prices. Get all remaining longs committed, and then wack the price! My take.

No,, it is called mkt has decided..
Now step aside and reevaluate before new position entered...



Sonic

Likewise, I entered short on EURJPY based on the red wave. Unfortunately, I am 60 pips in the red..

I lost those two as well but no problem believe followng the system will cover those losses in the long run(short run hopefully)
Sonic How many "normal"SonicR setups have u had today?