Make sure you're the second mouse.
Katte, kabuto no o wo shime yo. Size doesn't matter, leverage is the killer
- #46,462
- Apr 17, 2013 8:26am Apr 17, 2013 8:26am
- Joined Nov 2008 | Status: Trader | 50,194 Posts
Make sure you're the second mouse. {image}
that's funny one...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #46,463
- Edited 10:21am Apr 17, 2013 9:00am | Edited 10:21am
- Joined Mar 2008 | Status: PVSRA with Traderathome | 23,552 Posts
- #46,464
- Apr 17, 2013 9:01am Apr 17, 2013 9:01am
- Joined Jan 2007 | Status: Trader | 11,838 Posts
I noticed a request earlier for me to post more of my charts and how I use Sonic's ideas, so I'll try, BUT they will rarely be in real time as my current system is very demanding - something that as summer approaches I need to change.
I was already using something close to Sonic's ideas and like him, I have recently made it more KISS, without indicators, so just using PA around "levels" (S&R) and volume.
What I have learned since coming here is the importance of the **00 & **50 levels - especially in Yen pairs and crosses - so thanks Sonic & TAH
Here, the Higher Low ~15 mins before the open of the US Session (Bond Markets) after higher volumes was a clear buy.
Price then retraced half of its fall back up to that S&R level where I banked and then waited for the open of the NYSE - NY O2 where I sold the LH.
The red high vol at 13:39 told me it was time to think about banking and I did just below the **50 level.
Now I'm short again off the 128.781 level -DZ = Decision Zone = 38.2 fib
I was already using something close to Sonic's ideas and like him, I have recently made it more KISS, without indicators, so just using PA around "levels" (S&R) and volume.
What I have learned since coming here is the importance of the **00 & **50 levels - especially in Yen pairs and crosses - so thanks Sonic & TAH
Here, the Higher Low ~15 mins before the open of the US Session (Bond Markets) after higher volumes was a clear buy.
Price then retraced half of its fall back up to that S&R level where I banked and then waited for the open of the NYSE - NY O2 where I sold the LH.
The red high vol at 13:39 told me it was time to think about banking and I did just below the **50 level.
Now I'm short again off the 128.781 level -DZ = Decision Zone = 38.2 fib
Trading Levels with WRBs
- #46,466
- Edited 10:24am Apr 17, 2013 9:18am | Edited 10:24am
- Joined Mar 2008 | Status: PVSRA with Traderathome | 23,552 Posts
EU continues to analyze MMs as being bears, but it is much too soon for a Classic short setup because the EU Dragon is still angled up.
EU: Before LS, but a solid short setup. {image}
Told you the MMs were bears.......
.....but, oh no....everyone wants to use meaningless indicators instead,....or Opinions!
The Sonic R. System rocks, if you don't get off track and crap it up!.....
.....analysis of price, volume and S&R. MMs, are they bulls or bears!
TAH, gangster? No. Intelligent Trader.
- #46,467
- Apr 17, 2013 9:28am Apr 17, 2013 9:28am
- Joined Jan 2013 | Status: Trader | 1,107 Posts
EU Potential H&S on Weekly Could this happen? Price has lots to drop just to get to breaking down thru the neckline, required in order to qualify the H&S. By that time, there will be rioting in the streets of europe! By the time the price drops to complete the H&S, all of the super-rich will either have escaped europe, or will have been imprisoned for life with their estates repatriated to the governments. Well, not really (I don't think.....), but things could sure get messy. {image}
If we now go below 1.27... Then 1.20... Should be next target. Until then; smaller trades daily
At least now we are heading right direction
I know the secret...
- #46,468
- Apr 17, 2013 9:36am Apr 17, 2013 9:36am
- Joined Jan 2007 | Status: Trader | 11,838 Posts
OK - down 140 pips in an hour, mainly via €'s drop. Both € and €J have hit their **50 levels ~ old supports, so time to bank and call it a day.....
Trading Levels with WRBs
- #46,470
- Apr 17, 2013 10:18am Apr 17, 2013 10:18am
- Joined Mar 2008 | Status: PVSRA with Traderathome | 23,552 Posts
- #46,472
- Edited 10:43am Apr 17, 2013 10:32am | Edited 10:43am
- Joined Mar 2008 | Status: PVSRA with Traderathome | 23,552 Posts
Sir TAH... is piping Sonic
two weeks ago = 1,289 pips gain
last week = 1,891 pips gain
this week (so far) = 1,360 pips gain
It is not me, Master. It is the Sonic R. System using analysis of price and volume relative to S&R (PVSRA) for the purpose of determining if the MMs are bulls or bears. Once that is done, then I trade what I see.
I just use price, Dragon, Trend Line, volume, and background Levels on the chart for S&R. That's all! Nothing else but the Week and Day range lines for perspective. No garbage price derivative indicators, no opinions, and no space wasting cartoons!
-tah
- #46,474
- Edited 11:27am Apr 17, 2013 10:51am | Edited 11:27am
- Joined Mar 2008 | Status: PVSRA with Traderathome | 23,552 Posts
please.. release this indicator!!
As I have said already several times over the past week, the SonicR VSA indicator is more than adequate because PVA is only very slightly modified, and in such a way that it really doesn't matter when it comes to PVSRA. In fact, all the TAH indicators already released are "Ready to go" right out of the box to be used with PVSRA! So use them!
I am continuing now with the PVSRA project, to hone it to razor sharp definitions and procedures for the best results possible in determining if the MMs are bulls or bears. In conjunction with this project, I have decided to delay any upgrade release of TAH indicators and templates in case I want to make any further "tweaks" as a result of this project.
And please, no pic., no post. Ok?
So there you are, everything you need is already in place. Post #1, link #1. Begin. Also, I recommend you catch up on PVSRA by reading my trade and comments postings for the past two weeks and then continue to follow my postings of trades and comments for ongoing PVSRA lessons and insights, because for some time this is all there will be for anyone to learn from. It will be a process for each of you Sonicers, as it is for me too.
-tah
- #46,475
- Apr 17, 2013 10:51am Apr 17, 2013 10:51am
- | Commercial User | Joined Mar 2008 | 9,072 Posts
please.. release this indicator!!
- #46,478
- Apr 17, 2013 11:09am Apr 17, 2013 11:09am
- Joined Mar 2008 | Status: PVSRA with Traderathome | 23,552 Posts
GU H&S
Price action has broken down thru the neckline, so this H&S formation is in play. The Target Line is about 125 pips below the current price. The run down today was about 150% of average. The MMs might pull up the price (retrace) before any more MARK DOWN. If you look at your M15 chart, the 3/4 Level is a prime candidate for a pullup. As it is, the MMs already have price back up above the half number. The way things are right now, I want to at least wait until the next Asian session to see what the MMs might do in the way of pulling the price up more before considering any short re-entry. And that time will provide some PA for PVSRA.
-tah
Price action has broken down thru the neckline, so this H&S formation is in play. The Target Line is about 125 pips below the current price. The run down today was about 150% of average. The MMs might pull up the price (retrace) before any more MARK DOWN. If you look at your M15 chart, the 3/4 Level is a prime candidate for a pullup. As it is, the MMs already have price back up above the half number. The way things are right now, I want to at least wait until the next Asian session to see what the MMs might do in the way of pulling the price up more before considering any short re-entry. And that time will provide some PA for PVSRA.
-tah
- #46,480
- Apr 17, 2013 11:19am Apr 17, 2013 11:19am
- Joined Jan 2007 | Status: Trader | 11,838 Posts
is the PVA different from the VSA?..or at least..where do I can find the explanation of the PVSRA approach?
Oh - and how can a simple MT4 indicator be compared with VSA which is a complete methodology started by Tom Williams?
Trading Levels with WRBs