Sonic R. System

"he" mr chouw

SL is a signal to reserve for me , tight SL better than wide , no SL better than wide as long as broker allow hedge its a kind of looking for second change, and no hedge for 1 month.

Dilemma

USD/CHF Long

Weekly Bias - Bull



M1 show volume get higher as price get lower



M15 show possible Sonic R Classic Forming.

Yea..Who is he??



Sonic

TP 130.10....waiting for a sell setup

No Pic No Talk...




Sonic

Nice Read..I suppose..


Sonic

This is what I am talking about....TOLDCHA [quote=Amadeus8;6661395]******BUY EU******[/quote]

This is not thread for signals mate
YES you said BUY but you never said WHY!! without even posting a chart!!

yes, not only good read...

study the content and get those ideas and make it work into SonicR .... since we all trade the market waves...

thanks.

This is Why I told cha to buy....

Late to post but anyway....
GbpJpy sell. SL is mental 25 pips

Here is the reason of this trade. Hope it's clear:

Looked like a timely PVSRA entry to me as. EJ is bearish and this is a fifth attempt and fail to break up above resistance 130 to 131 (IMHO) and this entry was smack on the established resistance level (which also formed a lower low than the last attempt to break this level) combined with good evidence of MM's driving price up to the previous highs followed by higher volume as shorts once again take hold. Unfortunately I am sitting on stale shorts which I am still comfortable with but for me the management of positions when they go against you is key - I like to take what has been coined baby steps by those wiser than me, maintaining a core position whilst harvesting the range as I wait for the move that I expect to arrive. It is something I have failed to do properly on these recent trades. I lightened earlier in the day locking in moderate profits and added more shorts at the top, probably not dissimilar to what the MM's are doing. Once again talking my own book of course and could be absolutely wrong. Hope not. All I would add is PVSRA is highly experimental as an approach still and has yet to earn its spurs as a proven technique. This is a good test and could be the one that goes trhe wrong way. If it is then it will give good evidence for risk and money management strategies that need to be employed to follow PVSRA. Caveat Emptor.





Edit: I should add that I have used these earlier shorts to enable me to offset earlier shorts at lower less advatangeous levels closing a number of EU, EJ and GJ positions. The net effect is I have booked 1116 pips profit today, am sitting on fewer better positions on all my existing short positions (EJ, EU, GJ, GU) but still have to find 1400 pips to break even. A bit more ranging like this and that will be fine, or even better the long anticipated Yen pair decline....

Nice pips on the down move - now waiting to reshort at a higher level. If price gets there. ( low of black rectangle)


Regards,

H.

am a new guy to this forum, i've downloaded lot of stuff related to sonic trading system, I get a feel of things but I am really not sure if I am using the old ones or the updated ones. Can somebody tell me the location of the current version of indicators and templates and documents so that I can start reading. Thanks.

also, as i am starting out and its almost next to impossible to read all the 2410 pages can somebody suggest me how to read the important information related to sonic.

Market Comment:

Now until NY close at 5pm EST the market is very light in activity. This is a time when market makers and some big players will move prices in the direction that favors the positions they are building.

For example, GU is an obvious short. Even before the London session closed, the MMs started working the price back higher for better prices to short at. So, this is a candidate pair that might see price drift even further up in hours ahead.

Sometimes the moves will be nothing more than gradually changing price. Sometimes the moves will be spikes. If you are building a position on such a pair that is a candidate for this kind of manipulation in "off hours" of the market, or if you'd simply like to take a position, there is nothing wrong with placing a pending order on the off chance you might get lucky.

In the case of GU, as an example, the selloff drive down today thrust the price down thru the 1.5500 whole number S&R area. This is an area the price manipulators might try to resurrect the price back up to. It is already back above the 3/4 S&R area after having been driven below the lower half number.

UChf is another example. I made a Scout long entry just before the London open today. The first thrust up of over 50 pips is encouraging. So, if the MMs move the price back down to previous local S&R (around the fibonacci retrace 62% level of the run up, then I might add another long component to this trade.

Such "off hours" times in the market can be just as good as other times to take a position, or add to a position you are building in accordance with your PVSRAs.

-tah

Page1, post1, ....can't miss it if you believe in reading! (hint: NOT at the bottom, those are antiques preserved non-readers looking for downloads.)

Some considerations for the "Beast"

Regards,

H.

Thanks TAH, but the first post itself gave me a lot of versions of sonic like sonic, sonicrv2, sonic rv3, etc. which ones do i use. Also in later posts there were some bug fixes to make the indicators/templates better. So if I have to go through all the 2410 posts to keep finding the bug fixes and updates then I dont think its ever possible. Is there a common place where the latest ones are stored? Also there are questions like among sonic,sonicrv2, sonicrv3 which ones do i use? among sonicr - with fibopivot.tpl, sonicr - with spudfibo.tpl, sonicr.tpl, sonicr1.tpl which template do i use to be on the same page as all the other guys in the forum?

Well after reading post 1, 300+ pages, attachments etc, etc I'm ready to start for some action.
Gave me a whole different view about market and volume

However my broker is Interactive Brokers which I'm happy about, but afaik the indicators (Dragon and VSA) are not in it.
So my questions are:
Is somebody aware of these indicators at the Interactive Brokers platform (or some place I can download them?
If not, are there rules somewhere what is the setup for this indicators so I can give it a try to build them myself?
When I google for dragon in combination with Int. Brokers I get everything, but the dragon I'm looking for

Thanks in advance and nice to see this thread is so full of information and people want to share it

FT