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Sonic R. System

  • #44,481
  • Feb 27, 2013 10:14am Feb 27, 2013 10:14am
hello !!! I am reading this thread, I really like sonic system. I am not comfortable with M15, so I am using H1, still great results. I have one suggestion, or may be asking for a favoire, TAH can you explain your set ups with back ground, atleast couple words with your charts. Like Sonic did with the last chart. I am learning VSA for more than a year, and see that you are placing set ups in the right place. Off course, if it is not gonna be a problem for you.

Thank you.
Even though I walk through the darkest valley, I will fear no evil
  • #44,482
  • Edited 3:22pm Feb 27, 2013 10:58am | Edited 3:22pm
Quoting sonicdeejay
Sonic Scout.. Done for the day...

Here is my Sonic Scout while watching whale aka M1 TF.....
A. Possible Stopping Vol.. But No "Long" trade as no proper wave.. May have more slide..
B. More Vol... Some one is possible buying in the weakness...
C. It abruptly, have Bullish candle when it hit low @ 119.2x.
D. EP. Once I spotted a bullish engulfing candle with healthy vol.. Prepare for Long, SL @ Below Swing.. it make you nice R:R...I ride it along..
E. TP @ 120 as it is round number and it is back to range..

Cheers,
Sonic
Sonic R. System and Support & Resistance!

This is an opportunity to enhance our understanding of the Sonic R. System and how to use it best, which means using it in conjunction with Support & Resistance........

The Master "spotted a bullish engulfing candle with healthy vol...", but that was just on his broker server. Not every Sonicer saw it because it didn't exist for them! So, was there another way to go about this trade opportunity? Yes, by using knowledge of S&R! Look at the 2nd chart, which has the half number highlighted in yellow. You can see how this natural SR area acted as support, and then as resistance and finally as support again. It is the final acting as support that was the proper indicator for a long entry.

Look into the black rectangle and see the wave. The second low was a final grab for longs by the MMs, when they took price once more below the half number. PA was bullish after that grab, but we couldn't have known that at the time. What we would have seen at the time was that the depth of the grab was less than before and that the angle of the Dragon was now well angled up ! A scout entry could have been during the process of that second low. A classic Sonic R. entry could have been about 5 pips beyond the end of the first candle exiting the Dragon on Leg #3 of that wave, as PA reached the Trend line about 12 pips above the half number. Either way, the trade ran for good profits.

The point I am making here is that trading the configuration of any candle is a "hit-and-miss" proposition, as not all broker servers are going to show the same individual candles! On the other hand, all broker servers will show the same Support and Resistance and the Price Action around it! This is the essence of the Sonic R. System, is it not?

Sonicers looking for a Scout entry, and waiting to see if the half number would again act as support would have seen at the time of the Leg #2 drive down thru the half number, as the MMs made another grab for cheap longs, that the Dragon was then angled up and that was therefore a much better time to use the higher risk Scout method. And the entry price then would most likely have been less than 10 pips more than the EP shown in the Master's chart.

And yes, when you are desperate you can even trade the Sonic R. System on the M1 chart!

-tah
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  • #44,483
  • Edited 11:48am Feb 27, 2013 11:18am | Edited 11:48am
Quoting monocor
hello !!! I am reading this thread, I really like sonic system. I am not comfortable with M15, so I am using H1, still great results. I have one suggestion, or may be asking for a favoire, TAH can you explain your set ups with back ground, atleast couple words with your charts. Like Sonic did with the last chart. I am learning VSA for more than a year, and see that you are placing set ups in the right place. Off course, if it is not gonna be a problem for you.

Thank you.
Yes, I will be happy to oblige whenever I can. I am currently working to base entries on S&R rather than volume, which is to say I want them based on a proper Dragon angle, a good price action wave, and with both being strategically well situated with regards to S&R. Volume might not even be a consideration.

For example, look at GU (attached), which shows that ever since the market opened this week with a gap down, the price has ranged. The bottom of the range is below the whole number, and this is a place where MMs like to accumulate longs. Three times now the MMs have had the price below this whole number and all three times the price has risen strongly out of the area, which is bullish. So, I'd be wanting a Sonic R. long setup situated as close to this whole number as I could reasonably expect to find one. Based on this chart, if the MMs work the price down again, the Dragon and PA wave for a Sonic R. long setup might then be very well placed for a long trade because the dips in the Dragon are getting lower. And even if the next dip in the Dragon is not lower, if it is higher then that is an additional bullish indication! Waiting for something like this to take place is what experienced traders mean when they say, "Let the trade come to you."

-tah
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  • #44,484
  • Feb 27, 2013 12:10pm Feb 27, 2013 12:10pm
Letting the Trade Come to You

AU is a current example. See how the natural S&R of the whole number area has been acting alternately as support and resistance. Whole number areas are where MMs love to accumulate or distribute. Their preference is to accumulate below whole numbers and to distribute above them. Here, we can see a lot of price action below the whole number, and followed by a strong bullish move back above it, which is very bullish and is testimony that the MMs were accumulating below the whole number.

In consideration of this price action relative to S&R, it follows that the best thing to do is to wait for a long setup (good up angle on Dragon and a good PA wave) that is well situated relative to this whole number area (as close to it as can be). Based on this chart, the next swing up of the Dragon might be just that. Another consideration is the Trend line. By the time the Dragon next swings up, the Trend line may cease being bearish.

-tah
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  • #44,485
  • Edited 3:48pm Feb 27, 2013 12:31pm | Edited 3:48pm
Letting the Trade Come to You:

GJ is also a current example. On the attached chart you can see a couple of successful reaches below the 138.00 whole number, and one that was almost successful. Such "reaches" to lows are indicative of MMs closing shorts and/or seeking longs. The real story, however, is that the price today was dropped below the 139.00 whole number, and kept there for the most part. And what do the MMs prefer to do below whole numbers? Accumulate. And now, we have a good setup for a long trade. The Dragon has good up angle. Price action has formed a good wave. And this classic Sonic R. System long setup has an EP zone right above the whole number! It doesn't get any better than this, except to see such a situation during the LS.

However, this is so good, if I were not already long on this pair, I'd be entering a trade here and now. In doing so, I would recognize there is always the possibility MMs will later pull the price down again and in doing so would maybe create an entirely different setup; maybe better and maybe not. Right now, this is a setup and we trade what we see. Sometimes perfectly good moves get started outside the London session. This being a YEN pair, it is a strong candidate for an early (Asian session) start of move. And maybe even earlier, during the late US session. We can never know. What we do know is that this setup is ideally situated relative to S&R.

-tah
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  • #44,486
  • Feb 27, 2013 12:45pm Feb 27, 2013 12:45pm
EURCHF, Interesting Current PA:

A nice price action wave occurred late in the London session. Now, price was dropped towards the whole number. This is a sign the MMs are still active and bullish in this second half of the US session. This might be an inter-day trade just getting started.

I am long on this, with a target just below RDH, which if reached today I might not close out.

-tah
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  • #44,487
  • Feb 27, 2013 1:09pm Feb 27, 2013 1:09pm
AU Heads UP!

A long setup is forming, ideally situated relative to S&R. It is unusual for setups to form in the second part of the US session. And not being in the London session is a disadvantage. Yet, here it is, and these are unusual times. The PA wave is good and the Dragon is angling up for the second time now. Even the Trend line has ceased to be bearish. Trade what we see? I think I'd evaluate this setup as though it were a LS setup. If I was not already long this pair, I'd be very interested here and now.

-tah
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  • #44,488
  • Feb 27, 2013 1:18pm Feb 27, 2013 1:18pm
Quoting traderathome
AU Heads UP!

A long setup is forming, ideally situated relative to S&R. It is unusual for setups to form in the second part of the US session. And not being in the London session is a disadvantage. Yet, here it is, and these are unusual times. The PA wave is good and the Dragon is angling up for the second time now. Even the Trend line has ceased to be bearish. Trade what we see? I think I'd evaluate this setup as though it were a LS setup. If I was not already long this pair, I'd be very interested here and now.

-tah
AU Heads UP Follow-up!

The MMs are launching the price upwards off the whole number, after accumulating below it. This is a very educational illustration of the classic Sonic R. System, the essence of which is trading a valid setup as defined by Dragon angle and PA wave, and that is strategically situated relative to support and resistance.

-tah
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  • #44,489
  • Feb 27, 2013 1:28pm Feb 27, 2013 1:28pm
Quoting traderathome
Letting the Trade Come to You

AU is a current example. See how the natural S&R of the whole number area has been acting alternately as support and resistance. Whole number areas are where MMs love to accumulate or distribute. Their preference is to accumulate below whole numbers and to distribute above them. Here, we can see a lot of price action below the whole number, and followed by a strong bullish move back above it, which is very bullish and is testimony that the MMs were accumulating below the whole number.

In consideration...
Quoting traderathome
AU Heads UP!

A long setup is forming, ideally situated relative to S&R. It is unusual for setups to form in the second part of the US session. And not being in the London session is a disadvantage. Yet, here it is, and these are unusual times. The PA wave is good and the Dragon is angling up for the second time now. Even the Trend line has ceased to be bearish. Trade what we see? I think I'd evaluate this setup as though it were a LS setup. If I was not already long this pair, I'd be very interested here and now.

-tah
Quoting traderathome
AU Heads UP Follow-up!

The MMs are launching the price upwards off the whole number, after accumulating below it. This is a very educational illustration of the classic Sonic R. System, the essence of which is trading a valid setup as defined by Dragon angle and PA wave, and that is strategically situated relative to support and resistance.

-tah
Classic Sonic R. System Rules!

So, here we have it. Per the wise words of our Master Sonicdeejay (yeah, one more time)......

...............Told 'cha!

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  • #44,490
  • Feb 27, 2013 1:37pm Feb 27, 2013 1:37pm
Quoting traderathome
EURCHF: Entered long.
EURCHF: TP1 reached and trade closed for 40 pips gain, EP1 to TP1. I decided to close instead of waiting to see if this would turn out to go for more, maybe as an inter-day trade. Taking profit. Not being greedy. If this goes higher, it will possibly pullback at some point for another entry long.
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  • #44,491
  • Feb 27, 2013 1:49pm Feb 27, 2013 1:49pm
Quoting traderathome
EU: Entered long here on a PA wave w/o Dragon, and that I consider a pullback off the half number SR area is very likely. The SL is mental for now, and the TP is set, but tentative.
Quoting traderathome
EU: Added long #2, Scout. The FO MMs have driven the price to the 1/4 SR area and have been heavily trading it there. Dropping a price and then trading is a sure sign the MMs are building longs, not shorts. Price could go lower, however. The mental SL is lowered and remains mental. TP2 is added as a tentative target as the result of the push lower.
EU: Manually closed trade at TP3 for 80x2= 160 pips gain, avg. EP x 2 to TP3.
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  • #44,492
  • Feb 27, 2013 1:58pm Feb 27, 2013 1:58pm
Quoting talaia
i'm in for a long...EJ.
ok, time to close this trade with +90 pips gain...
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FXBlog h**p://talaiatradingsystem(dot)blogspot(dot)pt
  • #44,493
  • Feb 27, 2013 2:00pm Feb 27, 2013 2:00pm
Gu went long on a pullback to s/r on low testing volume.

Regards,

H.
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"The future is already written in the past"
  • #44,494
  • Edited 3:49pm Feb 27, 2013 3:09pm | Edited 3:49pm
Quoting traderathome
Letting the Trade Come to You:

GJ is also a current example. On the attached chart you can see a couple of successful reaches below the 138.00 whole number, and one that was almost successful. Such "reaches" to lows are indicative of MMs closing shorts and/or seeking longs. The real story, however, is that the price today was dropped below the 139.00 whole number, and kept there for the most part. And what do the MMs prefer to do below whole numbers? Accumulate. And now, we have a good setup for a long trade. The Dragon has good up...
Letting the Trade Come to You, GJ Followup:

Classic Sonic R. System Rules! One cannot argue with results. A proper setup in the proper place, meaning relative to S&R. That is the key!

-tah
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  • #44,495
  • Feb 27, 2013 3:36pm Feb 27, 2013 3:36pm
AU Comment:

Inasmuch as this is a pair that can move nicely during the Asian session, here is a perspective.

The Daily, with less than thirty minutes left, should close as a pin bar or something close to it, which is a bullish indicator but needs to be confirmed with follow-on price action. The M15 chart, as has already been discussed, is very bullish. If you don't know why, go back and find the posts about this.

-tah
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  • #44,496
  • Feb 27, 2013 4:03pm Feb 27, 2013 4:03pm
Quoting traderathome
AU Comment:

Inasmuch as this is a pair that can move nicely during the Asian session, here is a perspective.

The Daily, with less than thirty minutes left, should close as a pin bar or something close to it, which is a bullish indicator but needs to be confirmed with follow-on price action. The M15 chart, as has already been discussed, is very bullish. If you don't know why, go back and find the posts about this.

-tah
yeaph,
the price is near a resistance area, if it manage to make a higher than previous high (and breaking so the resistance), it might go to 1.028xx, if it was not Asia session.
nice trades to all...
FXBlog h**p://talaiatradingsystem(dot)blogspot(dot)pt
  • #44,497
  • Feb 27, 2013 4:08pm Feb 27, 2013 4:08pm
Market Comment:

We just began the last two days of this week of trading. Although EU is the prime trading pair, take a look at GU. This might be the "sleeper" that awakens! You can see from the Daily charts that EU has been hammered quite professionally, but GU has taken twice the licking! Not only that, but GU has been quickly and professionally torpedoed to a significant SR area that you almost have to go to the Monthly chart to find! That is not the half of it, either! GU has been in a range for over a week now, with strong rebounds each time the MMs work the price below the 1.5100 whole number (see previous posts). Of course, MMs love to accumulate below whole numbers. So, if they have already passed off all their shorts from the grand move down (Daily chart), they surely are keeping the price contained at low prices for one, and one reason only,......accumulation at a super low prices!

GU might be worth keeping an eye on for entry into a long side trade. You know the saying, "Buy low, sell high." Well, what do you think all this trading has been about for the last five days, with GU at very significant lows? Not that the MMs need any "news" to start a mark up drive, but what do you think they are going to do if the US Sequester goes into effect on Friday, even if it is relatively meaningless?

-tah
  • #44,498
  • Feb 27, 2013 4:18pm Feb 27, 2013 4:18pm
Quoting talaia
yeaph,
the price is near a resistance area, if it manage to make a higher than previous high (and breaking so the resistance), it might go to 1.028xx, if it was not Asia session.
nice trades to all...
AU:

Yes, Talaia. A target of 1.028x is reasonable because it is realistic and conservative.

Prices tend to move in 100+, 150+, 200+, etc. swings. Note that RDH for Thursday is just above the 1.0300 whole number. And the last lows are in the 1.018x area. A swing from 1.0180x to 1.0300 is a 100+ pips swing. It is sensible to be conservative. In this case though, since AU has been hammered down for two months and since yesterday closed as a very bullish pin bar, I sort of feel that when the MMs reverse it, it might be with sort of a sling shot effect, with the first swing up being anything but conservative. It is just a feeling, and as such it is highly speculative.

-tah
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  • #44,499
  • Edited 4:54pm Feb 27, 2013 4:43pm | Edited 4:54pm
AU Comment:

Yes, the Asian session is bullish! Look at the MMs work, market manipulation at it's best, as some MM just decided to get some more cheap longs! Another dip below the whole number. Other MMs might follow suit (FO, LO, US Open), but maybe not below the whole number as time goes forward. No matter how they might torpedo the price, we now have proof of what is going on. Any "bearish" PA will be PA manipulated by bullish MMs.

I believe we are no longer in the realm of speculation on this. AU has been hammered for two months, down to significant lows on the Weekly, and now the MMs are loading up longs......

-tah
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  • #44,500
  • Feb 27, 2013 7:42pm Feb 27, 2013 7:42pm
Quoting traderathome
AU Comment:

Yes, the Asian session is bullish! Look at the MMs work, market manipulation at it's best, as some MM just decided to get some more cheap longs! Another dip below the whole number. Other MMs might follow suit (FO, LO, US Open), but maybe not below the whole number as time goes forward. No matter how they might torpedo the price, we now have proof of what is going on. Any "bearish" PA will be PA manipulated by bullish MMs.

I believe we are no longer in the realm of speculation on this. AU has been hammered for two months, down...
AU Comment

Just two words........

.........Told cha!
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