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Sonic R. System

  • #47,461
  • Apr 26, 2013 3:08am Apr 26, 2013 3:08am
Quoting traderathome
{quote} zoom in on volume & do the pvsra ok, first is the pic. Previously posted in which there seems to be "stopping" volume. Now look at my m15 showing another "stopping" volume bar within a box. Finally, look at the analysis of that bar on the m1 chart. Clearly the biggest single contributor to the overall totals was when price was almost highest, indicating high selling as price came off the highs. There were previously high volumes at the highs. And even as price further dropped much of the remaining high volumes were while price was still...




amazaing explanation prof
  • #47,462
  • Apr 26, 2013 3:11am Apr 26, 2013 3:11am
Quoting traderathome
{quote} You probably need streaming news from GoldmanSachs, maybe JPMorganChase too. All these bank/trading organizations run by the super-rich are in it together (ref: The YEN Sting), and Kuroda is a "Talking Head" participant. They'd be sure to see that he got plenty of time on the screen to influence folks.
There was the general BOJ stuff aka "semi annual report" a couple of hours ago and then this one which happened about 20 mins ago...rather confusing


1 hour ago | April 26th, 2013 06:30:41 GMT
"Kuroda press conference expected to start at 07.15 GMT

by Mike Paterson | 3 Comments

Given the delay we had last time waiting for the embargoed comments it could be a while before we hear what Mr K has to say USDJPY 98.73 after markets have digested the BOJ semi-annual report EURJPY 128.60 from 127.99 … "
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Trading Levels with WRBs
  • #47,463
  • Apr 26, 2013 3:16am Apr 26, 2013 3:16am
Big range btwn 128.4 & 128.8..
gotta break soon..

I know professor is bearish and I too want it to see 128 again..

Sonic
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  • #47,464
  • Apr 26, 2013 3:18am Apr 26, 2013 3:18am
Just note these comments made above:

"Given the delay we had last time waiting for the embargoed comments it could be a while before we hear what Mr K has to say...."

So there you see it - keep the plebs in the dark whilst the insiders position themselves for the "official" release of Mr K's speach......
Trading Levels with WRBs
  • #47,465
  • Apr 26, 2013 3:23am Apr 26, 2013 3:23am
AU break out and re-entry classic SonicR entry
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Newbie trader
  • #47,466
  • Apr 26, 2013 3:30am Apr 26, 2013 3:30am
Quoting sonicdeejay
Big range btwn 128.4 & 128.8.. gotta break soon.. I know professor is bearish and I too want it to see 128 again.. Sonic {image}

But conditions are showing otherwise..

Sonic
  • #47,467
  • Edited 3:42am Apr 26, 2013 3:31am | Edited 3:42am
New Setups on YEN Pair Island Reversals!

Man oh man! These are far better than last Friday! Now the Climax volume is right where it is supposed to be. So, I'm suggesting again that the YEN Sting is pending and it might begin with the open next week. We are talking about the most significant pure price action + volume "indicator" in all of trading, a formation undisputed by anyone! Attached are some examples. Like a H&S formation, this is only a "possible" until it starts to run. Unfortunately (for longs in this case) since an Island Reversal starts with a gap down, by the time it is no longer a "possible" it is do late to save your ass if you are long!

I recommend all Sonicers Google "Island Reversals", or go to Baby Pips.com, etc. and read about this most significant formation in all of trading.

No wonder GoldmanSachs, etc. rolled out Kuroda, the key "Talking Head" again today, to say all is "ok".

What a YEN Sting setup!

-tah
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  • #47,468
  • Apr 26, 2013 3:40am Apr 26, 2013 3:40am
Quoting traderathome
New Setups on YEN Pair Island Reversals! Man oh man! These are far better than last Friday! Now the Climax volume is right where it is supposed to be. So, I'm suggesting again that the YEN Sting is pending and it might begin with the open next week. We are talking about the most significant pure price action + volume "indicator" in all of trading, a formation undisputed by anyone! Attached are two examples. Like a H&S formation, this is only a "possible" until it starts to run. Unfortunately (for longs in this case) since an Island Reversal...

this is one reason why I am bearish in W1 TF..as well..

http://www.forexfactory.com/showthre...64#post6623664



http://en.wikipedia.org/wiki/Island_reversal


http://en.wikipedia.org/wiki/Hanging...ick_pattern%29

Sonic

I am short and 128.0 is where i want it to go
  • #47,469
  • Apr 26, 2013 3:56am Apr 26, 2013 3:56am
128.4x seem well guarded..let it breaks..

Sonic
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  • #47,470
  • Apr 26, 2013 3:58am Apr 26, 2013 3:58am
The YEN Sting, (and the Banks Stink) Revisted

I have removed the pending "take profit" orders on all my YEN pair trades due to the possibility of Isand Reversals at the open next week. At the very least, as Master Sonicdeejay has pointed out, these pairs have "Hanging Man" candles at the top of the range on Week charts, which is very bearish. However, if the week opens with Island Reversals, due to the gap down involved, I do not want any pending exit orders limiting profits.

Sonicers, if you are interested in this subject, just use the upper left window to search this thread and enter "The YEN Sting, (and the Banks Stink)".

-tah
  • #47,471
  • Apr 26, 2013 4:04am Apr 26, 2013 4:04am
Quoting fex
AU break out and re-entry classic SonicR entry {image}
Hello Fex.
Can you share indi opened trades you have in the chart at the bottom right?
Thanks
If you think you can do a thing or think you can't do a thing, you're right
  • #47,472
  • Edited 4:31am Apr 26, 2013 4:08am | Edited 4:31am
AU at TF 4H form inverter H&S. Maybe today bear is final run from MM
second pic show maybe final run for short, just wait signal to enter long AU
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FROM ZERO TO HERO
  • #47,473
  • Apr 26, 2013 4:13am Apr 26, 2013 4:13am
Quoting Catcher777
{quote} Hello Fex. Can you share indi opened trades you have in the chart at the bottom right? Thanks
Here is the original link. It is a good indicator for the average open scout trades, pips on average and add opened lots.

http://codebase.mql4.com/8315
Newbie trader
  • #47,474
  • Edited 4:33am Apr 26, 2013 4:19am | Edited 4:33am
Quoting traderathome
EU: A Classic long setup. {image}
Position Building vs Single Entries

EU:

See, this is exactly why I've switched from single entry trading to trading based on building positions as the MMs manipulate prices to favor their own position building. In this case I would be looking to add a Scout long, now that the MMs have lowered price to add longs themselves, especially if the MMs take the price back below the lower whole number. If I had already added a Scout long before that happens, then I would add another Scout long when it does happen.

I would not have shot my entire bullet in a single entry. I would have subdivided and reserved ten smaller shots for the trade, using one at the Classic EP and holding the other Scout "bullets" in reserve to play the same game the MMs play. And I know what game the MMs are playing by using PVSRA.

It is nigh on to impossible to reap truly magnificent profits using single entry trades due to the way the market works. Read that as due to the way the sonofabitch bastard MMs F....k traders by manipulating prices to stop them out or to make them afraid to stay in, to put it bluntly honest.

I already have my long position built on this pair, consisting currently of 6 parts with an average price well below the current price, and so not even a drawdown here.

-tah
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  • #47,475
  • Apr 26, 2013 4:23am Apr 26, 2013 4:23am
Quoting fex
{quote} Here is the original link. It is a good indicator for the average open scout trades, pips on average and add opened lots. http://codebase.mql4.com/8315
I also like very much. Thank you again. C.
If you think you can do a thing or think you can't do a thing, you're right
  • #47,476
  • Apr 26, 2013 4:25am Apr 26, 2013 4:25am
Quoting traderathome
The YEN Sting, (and the Banks Stink) Revisted I have removed the pending "take profit" orders on all my YEN pair trades due to the possibility of Isand Reversals at the open next week. At the very least, as Master Sonicdeejay has pointed out, these pairs have "Hanging Man" candles at the top of the range on Week charts, which is very bearish. However, if the week opens with Island Reversals, due to the gap down involved, I do not want any pending exit orders limiting profits. Sonicers, if you are interested in this subject, just use the upper...
Also, via FXCM, whose volume (activity) runs at ~2x the Alpari volume, last week was the highest volume EVER recorded in both UJ & €J.

I wonder what the CME futures volumes were as they've been active much longer than these MT4 brokers...
Trading Levels with WRBs
  • #47,477
  • Apr 26, 2013 5:24am Apr 26, 2013 5:24am
I think professor is alseep..
in EJ is bull just don't give up..
haiz...

Sonic
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  • #47,478
  • Apr 26, 2013 5:40am Apr 26, 2013 5:40am
Quoting traderathome
{quote} There is a search block upper left on each FF page of this thread. I suggest you use it instead of asking folks to retype stuff for you. Please do that. It will yield your answer and probably the answers to the otherwise remaining thousand questions you will have. Also, why not go back a month and read all of the thread to sort of start to blend in with us?
seriously, you would have to be one of the most Arogant, egoistic FF member I've came across.

Re your response ( to a question that was not addressed to you.....again) all that writing....it would have been easier and quicker to write five words PVSRA

Now since you are so condenscending as if I don't know where the search facility is, let me explain this PVSRA is mentioned in almost every single post, so guess how many times this will pop up in the result?
You don't need a volume indicator to work this one out.
Excuse me for thinking FF is a place to learn and share or is it Mabe just this thread.

Here is another question for you pal.....to prove I have read the first page.
Sonic rules 1 and 2
Why do you keep breaking them? Why do I get sent back to that page by you when you clearly demonstrate you


1. Over trade big or trade during Asian Session.. Most of the best Set Up or Proper trend occur at/after London Opens. You shouldn't trade more than 5 trades a week..

2. add a losing positions aka average your positions.

Do you understand how a person can get confused?
  • #47,479
  • Apr 26, 2013 5:47am Apr 26, 2013 5:47am
Quoting Macedonia
{quote}seriously, you would have to be one of the most Arogant, egoistic FF member I've came across. Re your response ( to a question that was not addressed to you.....again) all that writing....it would have been easier and quicker to write five words PVSRA Now since you are so condenscending as if I don't know where the search facility is, let me explain this PVSRA is mentioned in almost every single post, so guess how many times this will pop up in the result? You don't need a volume indicator to work this one out. Excuse me for thinking FF is...
Completely agree. I brought this up earlier in the week. I think it is intimidating those who are new to the thread and it's not the healthiest of learning environments.

I think it would be great if someone could make a youtube instructional video on the basics of Sonic R classic system and then the Sonic Scout trading system and have that on the home page. That way it would be crystal clear!
  • #47,480
  • Apr 26, 2013 6:03am Apr 26, 2013 6:03am
Would you guys also like some coffee & donuts along with that?

Quoting FXaddicted
{quote} Completely agree. I brought this up earlier in the week. I think it is intimidating those who are new to the thread and it's not the healthiest of learning environments. I think it would be great if someone could make a youtube instructional video on the basics of Sonic R classic system and then the Sonic Scout trading system and have that on the home page. That way it would be crystal clear!
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