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Sonic R. System

  • #45,701
  • Apr 4, 2013 6:59am Apr 4, 2013 6:59am
traderathome, "half number - Is 1.2750, 1.2350 and so on?
Greed causes poverty
  • #45,702
  • Apr 4, 2013 7:04am Apr 4, 2013 7:04am
Well, aimed to take))
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Greed causes poverty
  • #45,703
  • Apr 4, 2013 7:17am Apr 4, 2013 7:17am
c'mon prof. TAH, the new release sonicR PVA and the new template!!!!!
  • #45,704
  • Apr 4, 2013 7:18am Apr 4, 2013 7:18am
Quoting traderathome
GA Long Trade: Entered long with SL1 (mental) and TP1 as shown. This is not a pair I normally trade, but it looks like a good trade opportunity at this time. AU looks to be ready to fall and GU looks to be ready for more upside. If both happen that way, then this pair is going higher. You can see from the PV analysis there has been very high activity coming up off the lows, which indicates the MMs are buyers. They might be thinking the same thing. Dragon is angled up. Trend is starting up. PA is essentially now above both. The setup is composed...
GA Long Trade

Closed trade at TP2 for 58 pips gain, EP1 to TP2.
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  • #45,705
  • Apr 4, 2013 7:25am Apr 4, 2013 7:25am
Quoting traderathome
Art, If you are talking about the last redlined PA wave headed up on your chart, it did not fail! But once price got above the half number, it was time to exit.
I think I still miss something. Maybe I'm very conservative here, but I am just trying to stick to original SonicR rules (call it classic, no souts or other inventions), means no Asian session, enter above candle 'escaping' dragon, faster EMA over slower one (for long), general trend in mind, SL below L, HL OR above H, LH, and so on. Recently I see veeeery few setups like that over here. Most of them are variations skipping at least one of the 'original' rule (trading Asian, averaging positions, no clear Wave PA, EMAs way off....) . I went back to the origin of this topic, went through first few 100's posts, where these rules were clearly visible on charts. Now, IMO they are not (or they are just not so obvious for me). Well, going back to the question, on my chart EP is around 1.2841 (faster EMA pointing up, just crossing slower one), candle closed, around 40p to 1st and 60p to 2nd SL (bit below L and HL). In that case your suggested exit was ~+15-17pip, what is not very reasonable (if anyone cares about RR and $Management). That is why I was asking about this setup, according to 'classic' rules. IMO there are options like - 1) setup was right, but failed 2) setup was right, but my SL were too tight 3) setup was not OK (and whatever outcome is, fail or not, I shouldn't take it).

Thanks for comments and good luck in this wavy day
Art.
  • #45,706
  • Apr 4, 2013 7:30am Apr 4, 2013 7:30am
Quoting artx
I think I still miss something. Maybe I'm very conservative here, but I am just trying to stick to original SonicR rules (call it classic, no souts or other inventions), means no Asian session, enter above candle 'escaping' dragon, faster EMA over slower one (for long), general trend in mind, SL below L, HL OR above H, LH, and so on. Recently I see veeeery few setups like that over here. Most of them are variations skipping at least one of the 'original' rule (trading Asian, averaging positions, no clear Wave PA, EMAs way off....) . I went back...
Your entry is way too late! Here is how it should be. Yes, the first leg of the wave did not cross the Dragon, but it is still valid, much more so than waiting another 30 pips before entering! This was clearly a breakout up off the whole number. Look at the volume at the bottom where the MMs put the price below the whole number and then went to town loading up longs!

.......PA and volume relative to major S&R!
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  • #45,707
  • Apr 4, 2013 7:39am Apr 4, 2013 7:39am
Quoting traderathome
Your entry is way too late! Here is how it should be. Yes, the first leg of the wave did not cross the Dragon, but it is still valid, much more so than waiting another 30 pips before entering! This was clearly a breakout up off the whole number. Look at the volume at the bottom where the MMs put the price below the whole number and then went to town loading up longs! .......PA and volume relative to major S&R! {image}
So it was not a classic SonicR setup...
  • #45,708
  • Apr 4, 2013 7:44am Apr 4, 2013 7:44am
Quoting traderathome
EU Long Trade: Added long trade #3, another Scout due to another run down in price by MMs with highest activity at bottom (proved on M1 TF chart). Looks like MMs are sandbagging before the USD releases, i.e., capturing more cheap longs before the events. They took price below whole number, which is another indication they are accumulating. We'll see. {image}
EU Long Trade:

Added long trade #4, a Scout based on MMs once again driving price low and adding longs (confirmed by M1 PVA).
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  • #45,709
  • Apr 4, 2013 7:51am Apr 4, 2013 7:51am
Hi Prof. Tah,

Would like to hear your opinion on below AU M1 Chart sudden surge of volume in circle, is it MMs loading short after pushing up the price? Tks.
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  • #45,710
  • Apr 4, 2013 7:54am Apr 4, 2013 7:54am
Quoting traderathome
UCad Comment: Will it ever breakout? Might be close now. MMs are bulls, and have been for a very long time. And for a very long time they have held this down, and even dropped to lower lows for more accumulations of longs. Strange things are going on this late US session. Pairs are moving, or might move. This might be one that starts to move. There is very high activity shown at the lows very recently. This is a strong indication the MMs remain bulls. M15 shows a Double Bottom, yesterday and today. Things could be coming to a head. {image}
UCad Comment:

Here's the proof....
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  • #45,711
  • Apr 4, 2013 8:01am Apr 4, 2013 8:01am
Quoting wilo808
Hi Prof. Tah, Would like to hear your opinion on below AU M1 Chart sudden surge of volume in circle, is it MMs loading short after pushing up the price? Tks. {image}
Keep your eye on it, because so far as the price has come down the trading has increased. This could turn out to be a slight pulldown in the move up for the MMs to add more lower priced longs.....
  • #45,712
  • Apr 4, 2013 8:12am Apr 4, 2013 8:12am
Quoting traderathome
Keep your eye on it, because so far as the price has come down the trading has increased. This could turn out to be a slight pulldown in the move up for the MMs to add more lower priced longs.....
Thanks for the caution Prof. Tah,

Since i was in the green already, decided to close manually for +58 pips @ 1.04156 instead of letting it run to my TP 1.04000.

  • #45,713
  • Apr 4, 2013 8:23am Apr 4, 2013 8:23am
I was bearish on eurusd, euraud, eurnzd, eurgbp because they had a pullback before the news and after the news all went down .Anytime a new up trend could start in any pair but we can not know it before it happens.We will be sure if it was a pullback or a new uptrend in time.So it is better to follow the greater tf trend I guess rather than making a prediction looking at a 1m 5m tf candle.You guys are good in volume analysis and take some scout trades with success but it is not for everyone.

Quoting traderathome
Art, If you are talking about the last redlined PA wave headed up on your chart, it did not fail! But once price got above the half number, it was time to exit. Okanemici has it wrong, in my opinion. The Daily trend is not responsible for current PA. Absurd notion! Current MM decisions are responsible for current PA! Also, the MMs are not driving prices up and then shorting, they are driving prices down periodically and longing! You can see this very clearly on the attached M15 where the highest trading today occurs after the price hits lows, below...
  • #45,714
  • Apr 4, 2013 8:39am Apr 4, 2013 8:39am
Nice whipp..

Careful.. if u have any short..

Sonic
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  • #45,715
  • Apr 4, 2013 8:57am Apr 4, 2013 8:57am
Just closed all EU trades. Not bad pip/profit count today so far
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I know the secret...
  • #45,716
  • Apr 4, 2013 9:06am Apr 4, 2013 9:06am
Quoting JRissa
Just closed all EU trades. Not bad pip/profit count today so far {image}
Definetly maniac)
Everything is possible!!! Step by Step...
  • #45,717
  • Apr 4, 2013 9:10am Apr 4, 2013 9:10am
Earlier today posted GU trades closed.

I'm done for today

Trade good people!
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I know the secret...
  • #45,718
  • Apr 4, 2013 9:16am Apr 4, 2013 9:16am
Quoting artx
I think I still miss something. Maybe I'm very conservative here, but I am just trying to stick to original SonicR rules (call it classic, no souts or other inventions), means no Asian session, enter above candle 'escaping' dragon, faster EMA over slower one (for long), general trend in mind, SL below L, HL OR above H, LH, and so on. Recently I see veeeery few setups like that over here. Most of them are variations skipping at least one of the 'original' rule (trading Asian, averaging positions, no clear Wave PA, EMAs way off....) . I went back...
There arent lots of original Sonic R entries per week. Last one for me was on Tuesday on USDCAD. Generally, there are 3-4 of them per week on all the common pairs altogether.
  • #45,719
  • Apr 4, 2013 9:21am Apr 4, 2013 9:21am
Congrats Jrissa !!!!

I just begin with Sonic, and i'm far from your results
  • #45,720
  • Apr 4, 2013 9:36am Apr 4, 2013 9:36am
Quoting sonicdeejay
Nice whipp.. Careful.. if u have any short.. Sonic {image}

1. Possible Stopping Volume..
2. Candle ends with Bullish candle and high vol..

EP when it has swing hiigh with SL @ below swing low..

and Have fun..

This is how I show my love..

Inserted Video


Sonic
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