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Sonic R. System

  • #46,861
  • Apr 22, 2013 3:24am Apr 22, 2013 3:24am
sure sir will do from now onwards ..
Quoting revoli
{quote} Too aggressive with your cropping. Make sure we can see what pair it is please.
  • #46,862
  • Apr 22, 2013 3:26am Apr 22, 2013 3:26am
Quoting traderathome
{quote} Foxybunny, MetaQuotes has been updating MT4s to version 4, build 482. This upgrade has really screwed up being able to "Save as picture" using Active chart (as is) because now it lops off everything in the chart window right of the current bar! This forces users to use "Active workspace" which shows account #. Also, they changed from .gif to .png format, and FF scan rejects the .gif if your pics from the upgraded MT4 are now .png. Therefore, when you save the chart to some file before getting it from that file to attach to FF post, look...
Thanks TAH.

I am not using "Save as picture" on MT4, but using SnagIt that saves to "png" that is having this issue that I did not have last time.

Wondering are you seeing the word "Scanning" when you are attaching your chart file ???
  • #46,863
  • Edited 4:01am Apr 22, 2013 3:34am | Edited 4:01am
Quoting FXaddicted
{quote} I agree. I am also shorting the EURUSD. I'm becoming a little disillusioned with some of the trades that have been posted here of late. They strongly contradict the core principles of the Sonic R method. Which at a fundamental level is built around simple technical analysis. That being, wave analysis. It seems that lately, there has been trades posted contradicting wave principles. Taking unneeded gambles based on what they think the big boys are doing. In my view, the Sonic R system works best when you keep it as simple as possible and...
What is the Essence of the Sonic R. System? What is the Objective of the Sonic R. System?

Actually, the essence of the Sonic R. System is trading price moves between S&R areas.

PA waves, the Dragon and the Trend are "structures" that comprise the Classic setup, presumed to get us into a price move between S&R areas, albeit late in the move.

Eventually, Master Sonicdeejay introduced the Scout trade recognizing there are good opportunities to trade, even when the Dragon is not around. Notable volume at the end of good runs, followed by sufficient PA to suggest the price is indeed reversing became a time for a Scout entry opposite that last run that ended on big volume. As such, the Scout represents another way to trade price moves between S&R areas, getting into a trade soon after a reveral has taken place, putting the trade for the reverse direction ahead of whatever later Classic setup might form for the same direction.

There is nothing wrong with sticking with the Classic trade. Neither is there anything wrong with building a position using both Scouts and Classic trades.

For me, I have taken the use of price, S&R, and volume "to the next level" and use these most important datum of all to determine if the market is bullish or bearish. If a Classic fails because the market pulls price back to build before letting the Classic trade run, then I build with the market. And sometimes I can start building with the market even before a Classic setup. This might become the future of the Sonic R. System. It needs work, and if it works, it still needs approval by Master Sonicdeejay. Meanwhile, I demonstrate it and am making good progress with it.

An example is shown clearly using AU right now (attached pic.). I said hours ago the MMs analyzed as bulls. You can see how they eventually pushed price lower to the half number area, where bull MMs like to build longs. Often this happens below the half number, but not always. Twice the price has now bounced and according to analysis the bull MMs are simply working the price up and down to build long. This is a simple example of how bull MMs put on bearish price moves to get price to a better area for the bull MMs to add longs. When they dropped the price down here to go to work adding longs, I added another long to the long position I was building. This is a very simple way to prepare to benefit from a price move between S&R areas. When the bull MMs are ready to move the price from this natural S&R area to a higher one, I am ready with them. This is, after all, the primary objective of the Sonic R. System.


-tah
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  • #46,864
  • Apr 22, 2013 3:37am Apr 22, 2013 3:37am
In my study about the dragon i found out that it works like an equilibrium and a rubber band when price stretches to far away from it the laws of equilibrium are broken and price gets back to the dragon like a magnet .
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  • #46,865
  • Apr 22, 2013 3:39am Apr 22, 2013 3:39am
Quoting foxybunny
{quote} Thanks TAH. I am not using "Save as picture" on MT4, but using SnagIt that saves to "png" that is having this issue that I did not have last time. Wondering are you seeing the word "Scanning" when you are attaching your chart file ???
Yes, "Scanning" appears, briefly. If your files are .png already, then try changing the name of one to xxxx.gif and see if the reverse works for you. I have one broker I have not updated and still those pics save as .gif and FF accepts them as .gif. So, try .gif and see what happens. Let me know.
  • #46,866
  • Apr 22, 2013 3:45am Apr 22, 2013 3:45am
Man i am ashamed to ask you this again prof tah but where are the introductions to the scout trades page? also do you agree to the fact that mondays are not good days to trade?
Quoting traderathome
{quote} Yes, "Scanning" appears, briefly. If your files are .png already, then try changing the name of one to xxxx.gif and see if the reverse works for you. I have one broker I have not updated and still those pics save as .gif and FF accepts them as .gif. So, try .gif and see what happens. Let me know.
  • #46,867
  • Apr 22, 2013 3:53am Apr 22, 2013 3:53am
Quoting traderathome
{quote} Confused and Scared! Master Sonicdeejay, please, what is with this "Commander" stuff? I thought I was tenured as a "Professor". I like being a "Professor" 'cause they get to look up from their book and over the top rim of their glasses and cold stare into another person, and assume authority without doing anything!!!! Real cool! Now look what you're doing, demoting me to "Commander", and they gotta work out, and yell a lot, and run, and do all sorts of difficult stuff. .........I wanna be a "Professor"! -tah
It's probably a result of all the scout trades lately.... almost like a military action!!!!
  • #46,868
  • Apr 22, 2013 4:04am Apr 22, 2013 4:04am
Quoting saiftauheed
Man i am ashamed to ask you this again prof tah but where are the introductions to the scout trades page? also do you agree to the fact that mondays are not good days to trade? {quote}
There is no formal gathering of information on the Scout trade, which I believe Sonic first started trading around March to May 2012. Yes, Monday is a day to exercise extra caution in trading.
  • #46,869
  • Edited 5:13am Apr 22, 2013 4:06am | Edited 5:13am
Quoting saiftauheed
Man i am ashamed to ask you this again prof tah but where are the introductions to the scout trades page? also do you agree to the fact that mondays are not good days to trade? {quote}

It does need a nice collection of the relevant posts and papers so we can point people at something. I may have a go at some point but start here.

http://www.forexfactory.com/showthre...12#post6556812 Many thanks DmitryFX

Other than that I found the most useful thing to do is start at about Mid March and read through the posts and see what's gone on. This will help you to see what has not worked as well as what has.

Edit:
Here's a more comprehensive collection of documents that have appeared:

This probably the most useful
Attached File(s)
File Type: pdf TAH's posts about volume-1.pdf   215 KB | 934 downloads

Then read forward from post #45506
Further reading very useful:
Attached File(s)
File Type: pdf PriceVolume[1].pdf   317 KB | 1,091 downloads

Attached File(s)
File Type: pdf Stock_and_commodities_July_2006[1].pdf   617 KB | 974 downloads

Attached File(s)
File Type: pdf VSA BASICS from MTM.pdf   1.6 MB | 878 downloads


A Word About Volumes:
The volumes we see only represent an approximation of true volume. There is no repository for true market volumes, instead what you get is what your data provider sees, which seems to be the number of trades, not the magnitude of trades. Furthermore different brokers may start their H4 bars at different times. The most useful advice is to look for significant PATTERNS of volume at S&R levels. You are looking for a collection of signals that will give you confidence, preferably over a number of timeframes (H1, M15,M5 and even M1).

HEALTH WARNING
This system requires good money management and a risk assesment. There are no hard and fast rules. The approach used by TAH requires you to be able to enter multiple lots over a period where drawdowns can and will occur before things go to your favour. Do this an a demo account first. If you have to trade live then be ultra cautious. Start very small, assume 100 pip drawdown risking no more than 1% and split that into 5 lots (ie only risk 0.2% of account with each entry). This should give some data from which you can see how YOU trade with it. You will see impressive pip numbers in here but to obtain these there are often big negative pip numbers first which you have to be comfortable running. Trade only within your own comfort zone. You have been warned.
Katte, kabuto no o wo shime yo. Size doesn't matter, leverage is the killer
  • #46,870
  • Apr 22, 2013 4:13am Apr 22, 2013 4:13am
thanks man appreicate it
Quoting revoli
{quote} It does need a nice collection of the relevant posts and papers so we can point people at something. I may have a go at some point but start here. http://www.forexfactory.com/showthre...12#post6556812 Other than that I found the most useful thing to do is start at about Mid March and read through the posts and see what's gone on. This will help you to see what has not worked as well as what has.
  • #46,871
  • Apr 22, 2013 4:13am Apr 22, 2013 4:13am
thanks tah
Quoting traderathome
{quote} There is no formal gathering of information on the Scout trade, which I believe Sonic first started trading around March to May 2012. Yes, Monday is a day to exercise extra caution in trading.
  • #46,872
  • Apr 22, 2013 4:23am Apr 22, 2013 4:23am
The Sonic R. System Scout Trade

Following the end of a significant run, which itself ends with significant volume, once PA waves form for a reverse trade, the Scout entry is made. This, in a nutshell, is the original Scout trade concept. The Dragon is not a factor in the Scout trade. See the picture attached.

All I have done is combine the three most important datum of trading,....price, S&R, and volume....and analyze them in a specific way in order to determine if the MMs are bulls or bears. My analysis hours ago said they were bulls. I made a Scout entry right at the half number, which is a major universal S&R level the MMs bring price to when building. The other major level the MMs use is the whole number level. Knowing such matters is part of the analysis.

-tah
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  • #46,873
  • Apr 22, 2013 4:36am Apr 22, 2013 4:36am
Quoting saiftauheed
thanks man appreicate it {quote}
I have added a few more docs to my previous post. I reckon that's about it.
Katte, kabuto no o wo shime yo. Size doesn't matter, leverage is the killer
  • #46,874
  • Apr 22, 2013 5:01am Apr 22, 2013 5:01am
Now i love you man, lol
Quoting revoli
{quote} I have added a few more docs to my previous post. I reckon that's about it.
  • #46,875
  • Apr 22, 2013 5:04am Apr 22, 2013 5:04am
Looks like to realize it's manipulations market makers are waiting for News:
3 hrs 57 mins until USD: Existing Home Sales
Everything is possible!!! Step by Step...
  • #46,876
  • Apr 22, 2013 5:12am Apr 22, 2013 5:12am
"Actually, the essence of the Sonic R. System is trading price moves between S&R areas."

TAH - thanks for posting that - I now realise that I have been a Sonicer for the past year without knowing

So here's what I am actually doing - trading 1m Higher Lows & Lower Highs around S&R levels with the help of the Sonic volume indicator.....

@foxybunny - thanks for that build 482 info - I'd only focused on that new order window.

@ saiftauheed - re dragon acts as an equilibrium - agreed, the 34 ema and similar are great for watching the PA for continuation trades as price always returns to them or as Tim Ord - the well known technical trader and author puts it - volatility is mean returning
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Trading Levels with WRBs
  • #46,877
  • Apr 22, 2013 5:15am Apr 22, 2013 5:15am
Hi, Nice thread. Thanks for posting. I have been trading live forex for over 7 years. My experience is the more positions you open, the more risk you take. Your method might be working well for now but i still consider it too risky. The forex market is too large. Some people buy or sell without even looking at the tech, funda or sentiment.That is why sometimes we see weird movements . Few positions like maximum 4 in a week is better for me. You said you have started your hedge fund, hedge funds enter the market less frequently. Anyway, wish you best of luck!
  • #46,878
  • Apr 22, 2013 6:11am Apr 22, 2013 6:11am
Upload a trade with gold that I made last friday.
Its still running now.
Any comments welcome..
one more query , why cant I upload a file sized 3mb?? Is there any limit with junior member?
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  • #46,879
  • Apr 22, 2013 7:03am Apr 22, 2013 7:03am
Quoting jackywang5
Upload a trade with gold that I made last friday. Its still running now. Any comments welcome.. one more query , why cant I upload a file sized 3mb?? Is there any limit with junior member? {image}
Yes there are limits on new members.

Gold is a tricky one, I have not looked at this method to trade it but have traded it successfully for over 10 years. I have been on the touchlines with it for the last year, too heady for me, (except longer term stuff). You could take some profit and place the rest protected with in money stops. Given the speed of it's descent turbulence would not be surprising until it forms a nice base for support. Go with what you feel. Note Gold likes Fibs. There are a few confluence areas that might suggest pauses/retracement areas and TP's for you. It's a lovely scout on D1, but real falling knife territory!
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Katte, kabuto no o wo shime yo. Size doesn't matter, leverage is the killer
  • #46,880
  • Apr 22, 2013 7:46am Apr 22, 2013 7:46am
EU long scout EP1. This time using SL 1.2985

Based on volumes purely.
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I know the secret...
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