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Sonic R. System

  • #47,081
  • Apr 23, 2013 7:47am Apr 23, 2013 7:47am
Quoting fex
There is a great support near, but looks clasic SonicR entry {image}
I'd be careful and wait for price to go below 1.2870.

This reminds me about GU trading few days back:
http://www.forexfactory.com/showthre...48#post6616648

I'm seeing too much volumes (buying) at lows to consider this going down too easy.
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I know the secret...
  • #47,082
  • Apr 23, 2013 7:49am Apr 23, 2013 7:49am
Quoting JRissa
{quote} I'd be careful and wait for price to go below 1.2870. This reminds me about GU trading few days back: http://www.forexfactory.com/showthre...48#post6616648 I'm seeing too much volumes at lows to consider this going down too easy. {image}
Thanks
Newbie trader
  • #47,083
  • Apr 23, 2013 8:01am Apr 23, 2013 8:01am
Why do I bother scalping? Closed my EJ and UJ volume turning other way. Long.

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Katte, kabuto no o wo shime yo. Size doesn't matter, leverage is the killer
  • #47,084
  • Apr 23, 2013 8:03am Apr 23, 2013 8:03am
EU, short still possible, if it's gonna break..we'll see..
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Whatever is obvious is obviously wrong!"
  • #47,085
  • Apr 23, 2013 8:13am Apr 23, 2013 8:13am
Great trade on EJ, as I tought would happen. At NY open the price spiked up and went down for the american boys to get in the trend. I have entered at the first wave low and with that my first good trade with this system. Volume, price action and brainwork is indeed a great way to trade. But now there's one more problem: Where do I exit ?!
“A year from now you will wish you had started today.” -Karen Lamb
  • #47,086
  • Apr 23, 2013 8:21am Apr 23, 2013 8:21am
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Quoting sonicdeejay
I am having fun with EJ short.. Now Yao Ming Bar spotted.. High spread bar with big vol.. Sonic {image}
5 hr later.. Told Cha..
Sadly.. My short closed with fewer pips..


Sonic
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  • #47,087
  • Apr 23, 2013 8:22am Apr 23, 2013 8:22am
Quoting JRissa
EJ Long trade Sonic R 5min setup before wave confirmed. PVSRA support for trade. EP 128.39 SL 127.80 TP open. {image}

Nice job.

Had something similar. Was watching 50 fib level as Yen respects it.

Open two, one to tp, one to run.

Actually a sonic style trade, so I will post it.
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The world you desire can be won. It exists.. it is real.. it is possible..
  • #47,088
  • Apr 23, 2013 8:24am Apr 23, 2013 8:24am
Can you tell me a good TP level on EJ sonic ?
“A year from now you will wish you had started today.” -Karen Lamb
  • #47,089
  • Apr 23, 2013 8:26am Apr 23, 2013 8:26am
Quoting ArtfulDodger
{quote} Is PVSRA basically just buying at every low (support level) on a downtrend with the knowledge that the price is going to eventually turn in the other direction? Still very confused.

ArtfulDodger,

It is still experimenting with PVSRA and I see putting a lot of emphasis on the M1 volume climax ....

I stick to PASR + VSA, proven and tested over and over again...it is evergreen trading method. Just put uour own proven money management and know how to manage for maximum profit run. Learn to cut loss, learn to build up positions and not averaging down by adding to losing positions. What is also very important is the mental fitness and that we have to manage ourselves as a trader.

regards,
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #47,090
  • Apr 23, 2013 8:33am Apr 23, 2013 8:33am
Quoting bogdan89
Can you tell me a good TP level on EJ sonic ?
I banked mine so I can quit for the day with a clean sheet but you could stick a stop under last low and ride it until you see volume spikes at a resistance point. Alternatively next level might be 61.8 fib combined with sloping resistance. Or it might just blow the whole way!

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Katte, kabuto no o wo shime yo. Size doesn't matter, leverage is the killer
  • #47,091
  • Apr 23, 2013 8:34am Apr 23, 2013 8:34am
Quoting revoli
{quote} I banked mine so I can quit for the day with a clean sheet but you could stick a stop under last low and ride it until you see volume spikes at a resistance point. Alternatively next level might be 61.8 fib combined with sloping resistance. Or it might just blow the whole way! {image}
Eh revoli, I like your volume indicator, can you share it, please?
Newbie trader
  • #47,092
  • Apr 23, 2013 8:37am Apr 23, 2013 8:37am
Quoting emmanuel7788
{quote} ArtfulDodger, It is still experimenting with PVSRA and I see putting a lot of emphasis on the M1 volume climax .... I stick to PASR + VSA, proven and tested over and over again...it is evergreen trading method. Just put uour own proven money management and know how to manage for maximum profit run. Learn to cut loss, learn to build up positions and not averaging down by adding to losing positions. What is also very important is the mental fitness and that we have to manage ourselves as a trader. regards,

I also unsure what is the interpretation of PVSRA.

Also sticking with PA & SR and some form of VSA.

But with TAH and Islander showing more of M1, I am starting to look more on the volume on M1 to see what is the difference of that versus M5 and M15.

As things like prices and volume are fractal, I am just bringing the idea from M15 down to M5, and now down to M1 and cater for any differences.

I can said that TAH and Islander do seem to be able to time their Exits much better on showing M1 charts.
  • #47,093
  • Apr 23, 2013 8:41am Apr 23, 2013 8:41am
Quoting fex
{quote} Eh revoli, I like your volume indicator, can you share it, please?
This is the standard SonicR volume indie (I put an extra standard deviation line in mine though). Go to page 1 and download SonicR by GuruKris file. Has the lot.
Katte, kabuto no o wo shime yo. Size doesn't matter, leverage is the killer
  • #47,094
  • Apr 23, 2013 8:41am Apr 23, 2013 8:41am
Hello all, start with a compliment....to all who dedicate time to distill this into a fine thread, thank you, I have been following for a short time and adhered to all warnings to get somewhat up to speed before wading in, but.......SonicR VSA, with much apprehension, 'where the hell is it'?
At last I got MT4 to perform for me with page 1 indicators in all its finery displayed on my screen but everyone is using volume which is how I found this thread in the first place and interests me the most, could a friendly poster give me a hint please?
It certainly is up for debate regarding forex volume, I have been at eminiwatch where claims of watching Tradestation bid and ask size allows for clear dissemination of where MM is to DTFL (daytradingforexlive) which has much in common with general theory here to the old classic fibs where I spent many years not knowing which one's were going to work and which would not!....I know volume and much eyeballing and interpretation and experience is the way, that's why I'm here, to learn your particular system and from the amalgam of knowledge figure out a way to relieve the banks of a small sliver each day.
  • #47,095
  • Apr 23, 2013 8:49am Apr 23, 2013 8:49am
Quoting revoli
{quote} This is the standard SonicR volume indie (I put an extra standard deviation line in mine though). Go to page 1 and download SonicR by GuruKris file. Has the lot.
Yes, I dont know how to put a line
Newbie trader
  • #47,096
  • Apr 23, 2013 9:01am Apr 23, 2013 9:01am
Quoting fex
{quote} Yes, I dont know how to put a line
It's messy as I just threw another indicator at it. open this indicator on your chart first:
Attached File(s)
File Type: mq4 HASHED_DO NOT USE HiddenGap Volume Indicator.mq4   19 KB | 406 downloads


Then drop the normal SonicR indicator on top of it. It gives you a 2 standard deviation line based over 240 bars (so 4 hours on 1 min, 20 hours on 5 min) etc. I did ping TAH to see if he thought it might be good for the next release but no idea if he is looking at it.
Katte, kabuto no o wo shime yo. Size doesn't matter, leverage is the killer
  • #47,097
  • Apr 23, 2013 9:06am Apr 23, 2013 9:06am
Quoting JRissa
AJ long Sonic R entry. Below trend, otherwice ok. Supported by PVSRA. {image}
Profit taken at marked price
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I know the secret...
  • #47,098
  • Apr 23, 2013 9:06am Apr 23, 2013 9:06am
Quoting sonicdeejay
{image}{quote} 5 hr later.. Told Cha.. Sadly.. My short closed with fewer pips.. Sonic {image}

Cutting short the losers and let the winners ride..


Inserted Video


Sonic
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  • #47,099
  • Apr 23, 2013 9:07am Apr 23, 2013 9:07am
Quoting JRissa
EJ Long trade Sonic R 5min setup before wave confirmed. PVSRA support for trade. EP 128.39 SL 127.80 TP open. {image}
Profit taken at marked price
Attached Image (click to enlarge)
Click to Enlarge Name: image.jpg Size: 185 KB
I know the secret...
  • #47,100
  • Apr 23, 2013 9:07am Apr 23, 2013 9:07am
Quoting revoli
{quote} It's messy as I just threw another indicator at it. open this indicator on your chart first: {file} Then drop the normal SonicR indicator on top of it. It gives you a 2 standard deviation line based over 240 bars (so 4 hours on 1 min, 20 hours on 5 min) etc. I did ping TAH to see if he thought it might be good for the next release but no idea if he is looking at it.
thank you, already knew the Hiren's volume indicator, but needed an average volume or better an sd
Newbie trader
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