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Sonic R. System

  • #47,341
  • Apr 25, 2013 5:33am Apr 25, 2013 5:33am
Quoting traderathome
{quote} To me also, it looks that way.....like the MMs are pushing the price down. There are notable high volumes at some highs on M1, which makes analysis less clear. Look at H1 (yeah, a leap) and note the high volumes since the price was quickly lowered to the 1/4 S&R area. I am not totally convinced either way on this yet, but I lean towards MMs being bulls. PVSRA is a very useful tool, but conditions for a cyrstal clear result of the analysis do not always exist. It is not a failing of the tool. That is just the way the market is sometimes....
Very, very thanks for the clarification. Looks like I'm understanding ...
Newbie trader
  • #47,342
  • Apr 25, 2013 5:33am Apr 25, 2013 5:33am
Hello, everyone, I read this thread couple weeks ago. And very thanks about this great system. But I try understand about EUR/USD EUR/JPY bears and bulls directions on same time. Sonicers see EUR/USD influence by MM bulls, EUR/JPY influence by MM bears. I multiply 2 pairs charts together on H4 and M15 TF. And what I see the 2 pairs are connected with each other. So if EUR/USD MM are bulls, EUR/JPY MM are bears, that's means, MM will sell USD and JPY and buys a little EUR, because If they buys a lot EUR to EUR/USD long run they don't short EUR/JPY same time ? That's correct?


multiply EUR/USD, EUR/JPY charts together on H4 TF
Attached Image (click to enlarge)
Click to Enlarge Name: h4.jpg Size: 458 KB



multiply EUR/USD, EUR/JPY charts together on M15 TF
Attached Image (click to enlarge)
Click to Enlarge Name: m15.jpg Size: 205 KB



Sorry for my poor English.
  • #47,343
  • Edited 5:52am Apr 25, 2013 5:40am | Edited 5:52am
Quoting JRissa
{quote} PVSRA lesson Update on EU. The way I see it... {image}
EU, MMs Bulls or Bears?

I agree, and there is support for being bullish that comes from another aspect of analysis. Look at H1. What do we see in the box? What seems about to happen in the box?

1. Asian session MMs did some buying (green candle).
2. FO/LO MMs reset the price lower and then did their buying (red followed by green candles).
3. Dragon is angled up and Trend line is angled up, and the Dragon seems about to cross up thru the Trend Line!

This last item, especially in conjunction with the first two items, does not paint a bullish picture,.....it paints an extremely bullish picture! And JRissa's excellent M1 PVSRA (also attached below) further indicates the MMs are bulls.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: apr 2013 - 304.png Size: 36 KB
Click to Enlarge Name: eurusdm1.png Size: 76 KB
  • #47,344
  • Apr 25, 2013 5:44am Apr 25, 2013 5:44am
Quoting JRissa
{quote} PVSRA lesson Update on EU. The way I see it... {image}
hello JRissa

Your chart shows in Red "Supporting volume MM'S buying"
Could you elaborate why and what according to the volume makes you think that?

Judging by your chart, price is bouncing of the MA which shows bulls are there. What part of the volume confirms this, I can't see and large volume bars only a few different couloirs which slowly but surely I will pick up.
  • #47,345
  • Edited 10:26pm Apr 25, 2013 6:01am | Edited 10:26pm
I want to discuss here one idea.
We know that volumes are really different from one broker to another one.
As I see many of SonicR-ers are using MT4 platforms just for charting and analyzing.
For example I have 2 different live accounts and 1 demo (5 daily candles per week).
To understand the difference by volumes I opened Montly charts of EU.
I found that Volume for last month (March) was very different.

  1. Varengold 4,893,415
  2. FXSALT 4,389,825
  3. Flatex 4,217,710
  4. RVD Markets 3,492,655
  5. Oanda 3,422,756
  6. AxiTrader 3,239,336
  7. FXCM 3,828,049 thx to jackywang5
  8. Armada Markets 3,432,126 thx to astra & loeil
  9. FXCC 2,404,392
  10. HotForex 1,958,824
  11. Alpari Uk 1,931,285 thx to Feadm
  12. IamFX 1,843,866
  13. FxPro 1,450,384
  14. FXDD 1,402,825
  15. AlpariNZ 977,762
  16. FXPrimus 550,622
  17. FxOpen 364,189
  18. Fxclearing 190,813 thx to Ravelt


Dukascopy (not MT4) 4,188,609.82

On this base I can suppose that more reliable dates has AxiTrader.
So, SonicR-ers, lets us collect dates from as much as possible brokers to find the best broker for Volumes analyzing!
If you are intrested this subject please just reply this post with next dates:
1-Broker name
2-Volumes per March by EU

To get info about volumes you need open EU Montly chart.
And place cursor at the March candle. Like this:

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 20 KB
Everything is possible!!! Step by Step...
  • #47,346
  • Apr 25, 2013 6:04am Apr 25, 2013 6:04am
Quoting traderathome
{quote} {quote} {quote} {quote} {quote} {quote} GU Long Trade: TP1 reached and all seven trades closed for 7x120= 840 pips gained, average EP to close at TP1. {image}

This is great result...

Inserted Video


Sonic
  • #47,347
  • Apr 25, 2013 6:08am Apr 25, 2013 6:08am
Quoting DmitryFX
I want to discuss here one idea. We know that volumes are really different from one broker to another one. As I see many of SonicR-ers are using MT4 platforms just for charting and analyzing. For example I have 2 different live accounts and 1 demo (5 daily candles per week). To understand the difference by volumes I opened Montly charts of EU. I found that Volume for last month (March) was very different. HotForex 1958824 FXCC 2404392 AxiTrader 3239336 On this base I can suppose that more reliable dates has AxiTrader. So, SonicR-ers, lets us collect...
I do not know if I'm saying nonsense, but has said several times that what matters is not the absolute value of the volume, but their importance relative of around.
Newbie trader
  • #47,348
  • Apr 25, 2013 6:13am Apr 25, 2013 6:13am
Quoting Macedonia
{quote}hello JRissa Your chart shows in Red "Supporting volume MM'S buying" Could you elaborate why and what according to the volume makes you think that? Judging by your chart, price is bouncing of the MA which shows bulls are there. What part of the volume confirms this, I can't see and large volume bars only a few different couloirs which slowly but surely I will pick up.
1. Examine closely and you will determine the higher levels of trading are at the lower prices and moving up from them.
2. Bars don't have to be large. It is the relative change that is important.
3. If you had read the User Notes as I directed you to, you'd already have an explanation of the colors. Look, I suggest you go back and read every post on this thread since the beginning of March 2013, which is not saying you shouldn't read what I've already directed you to.
  • #47,349
  • Apr 25, 2013 6:17am Apr 25, 2013 6:17am
After GBP.. many awaits US news...

Inserted Video


Sonic
  • #47,350
  • Apr 25, 2013 6:21am Apr 25, 2013 6:21am
Quoting traderathome
{quote} GJ Short Trade: Added short trades #5 and #6, both Scouts. I had a pending short order (#5) which triggered when GBP just ran up. I then added #6 seeing the very high volumes at the highs of the GJ run. It could still go higher, so this is with some greater risk. {image}
GJ Short Trade:

Added short trades #7 and #8, both Scouts on this current run up of the price by the MMs. M1 PVSRA indicates to me that the MMs are bears. H4 (attached also) shows how high the MMs have pushed the price back up. This could be because they are indeed bears pushing price back up to extreme highs for superb shorting prices, with the push up sucking in longs to give the MMs the liquidity needed for their shorting.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: apr 2013 - 305.png Size: 36 KB
Click to Enlarge Name: apr 2013 - 306.png Size: 29 KB
  • #47,351
  • Edited 8:17am Apr 25, 2013 6:24am | Edited 8:17am
Quoting fex
{quote} I do not know if I'm saying nonsense, but has said several times that what matters is not the absolute value of the volume, but their importance relative of around.
Picture better then words so i will try to explain by examples:
Attached Image (click to enlarge)
Click to Enlarge Name: Axi.png Size: 64 KB

Attached Image (click to enlarge)
Click to Enlarge Name: fxcentral.png Size: 70 KB

Attached Image (click to enlarge)
Click to Enlarge Name: Hot.png Size: 60 KB

Attached Image (click to enlarge)
Click to Enlarge Name: Varengold.png Size: 62 KB

As we can see All charts are different.
Axi and FXCC are looks very similar but Axi looks better.
While from HotForex charts i can't to see any red candles at all.
Hope example is clear.
Everything is possible!!! Step by Step...
  • #47,352
  • Apr 25, 2013 6:35am Apr 25, 2013 6:35am
Quoting DmitryFX
{quote} Picture better then words so i will try to explain by examples: {image} {image} {image} As we can see All charts are different. Axi and FXCC are looks very similar but Axi looks better. While from HotForex charts i can't to see any red candles at all. Hope example is clear.
DmitryFX, good contribution! Let me suggest that using the rectangle tool to encapsulate the candle areas and volume areas you want readers to focus on might also help.
  • #47,353
  • Apr 25, 2013 6:38am Apr 25, 2013 6:38am
Quoting DmitryFX
I want to discuss here one idea. We know that volumes are really different from one broker to another one. As I see many of SonicR-ers are using MT4 platforms just for charting and analyzing. For example I have 2 different live accounts and 1 demo (5 daily candles per week). To understand the difference by volumes I opened Montly charts of EU. I found that Volume for last month (March) was very different. HotForex 1958824 FXCC 2404392 AxiTrader 3239336 Dukascopy (not MT4) 4188609.82 On this base I can suppose that more reliable dates has AxiTrader....
mine is FXCM, VOLUME IN MARCH IS 3,828,049
  • #47,354
  • Apr 25, 2013 6:39am Apr 25, 2013 6:39am
  •  St3ve
  • | Joined Jan 2013 | Status: Recovering from losses ... | 77 Posts
I'm following this thread for serveral months now and watching the improvement during the last weeks caused by PVSRA very closely. I'm still learning how to interpret volume correctly - but I'm getting it more and more thanks to Prof. TAH, JRissa and master sonicdeejay's valueable posts.

The following picture shows GBP/JPY on M1 with my comments on PVSRA.

Attached Image (click to enlarge)
Click to Enlarge Name: gbpjpy.JPG Size: 164 KB


1. High volume, MMs closing longs / opening shorts
2. Again increased volume due to opening more shorts
3. As volume increases after the price drop, MMs open more shorts, all above hole number
4. Pushing volume (green candles) to sell at higher price
5+6. Stopping volume (blue candles) to restore price
7+8. MMs still increasing their short position

Hopefully I can get some input from you guys (even if my analysis is completely wrong).
And please keep up your great educational work!
  • #47,355
  • Apr 25, 2013 6:43am Apr 25, 2013 6:43am
Quoting St3ve
I'm following this thread for serveral months now and watching the improvement during the last weeks caused by PVSRA very closely. I'm still learning how to interpret volume correctly - but I'm getting it more and more thanks to Prof. TAH, JRissa and master sonicdeejay's valueable posts. The following picture shows GBP/JPY on M1 with my comments on PVSRA. {image} 1. High volume, MMs closing longs / opening shorts 2. Again increased volume due to opening more shorts 3. As volume increases after the price drop, MMs open more shorts, all above hole...

Solid analysis for a "newbie" St3ve! Congrats and welcome to the jungle!
To fail is just an opportunity to learn
  • #47,356
  • Apr 25, 2013 6:47am Apr 25, 2013 6:47am
Quoting traderathome
{quote} DmitryFX, good contribution! Let me suggest that using the rectangle tool to encapsulate the candle areas and volume areas you want readers to focus on might also help.
Done! BTW waiting for your dates as well.
Everything is possible!!! Step by Step...
  • #47,357
  • Apr 25, 2013 6:50am Apr 25, 2013 6:50am
Quoting traderathome
{quote} 1. Examine closely and you will determine the higher levels of trading are at the lower prices and moving up from them. 2. Bars don't have to be large. It is the relative change that is important. 3. If you had read the User Notes as I directed you to, you'd already have an explanation of the colors. Look, I suggest you go back and read every post on this thread since the beginning of March 2013, which is not saying you shouldn't read what I've already directed you to.
I don't mean disrespect but,

1) I asked JRissa as he said QUOTE: "The way I see it".......Its his vission and i wanted to know what he seen not second hand.
2) I aprieciate your explanation on point 1 and 2
3) If you read my post again, I did not question the colours hence my comment "slowly but surely I will pick up" Meaning no nead to explain now. I took your advice after your previous post addressed to me and I said I will investigate it a second time later on.

All the best.
  • #47,358
  • Apr 25, 2013 7:03am Apr 25, 2013 7:03am
Quoting Macedonia
{quote} I don't mean disrespect but, 1) I asked JRissa as he said QUOTE: "The way I see it".......Its his vission and i wanted to know what he seen not second hand. 2) I aprieciate your explanation on point 1 and 2 3) If you read my post again, I did not question the colours hence my comment "slowly but surely I will pick up" Meaning no nead to explain now. I took your advice after your previous post addressed to me and I said I will investigate it a second time later on. All the best.
Well now, I could not have said it better than Professor here. Remember that I'm also following his way here

The reason, why I said "The way I see it" was, because I'm still bit unsure in reading PVSRA and kind of waited Professor TAH to reply if I'm right here.
I know the secret...
  • #47,359
  • Apr 25, 2013 7:18am Apr 25, 2013 7:18am
Quoting St3ve
I'm following this thread for serveral months now and watching the improvement during the last weeks caused by PVSRA very closely. I'm still learning how to interpret volume correctly - but I'm getting it more and more thanks to Prof. TAH, JRissa and master sonicdeejay's valueable posts. The following picture shows GBP/JPY on M1 with my comments on PVSRA. {image} 1. High volume, MMs closing longs / opening shorts 2. Again increased volume due to opening more shorts 3. As volume increases after the price drop, MMs open more shorts, all above hole...
yeh great analysis St3ve and thanks for expressing your thoughts. I just learned heaps in this one single post of yours where i tried in previous attempts with no luck.
Keep your thoughts coming mate, it's very beneficial. That's what we are all here for, to help each other.

There should be more Altruism and less Egoism.
  • #47,360
  • Apr 25, 2013 7:24am Apr 25, 2013 7:24am
Quoting JRissa
{quote} Well now, I could not have said it better than Professor here. Remember that I'm also following his way here The reason, why I said "The way I see it" was, because I'm still bit unsure in reading PVSRA and kind of waited Professor TAH to reply if I'm right here.
Thanks for your reply and honesty. Right or wrong, ones opinion (in your case here) is important. It opens discussion and only then through explanation and communication can you, I or any other interested get to the bottom of it and grow in knowledge.
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