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Sonic R. System

  • #48,201
  • May 7, 2013 12:01pm May 7, 2013 12:01pm
Quoting jeffross
{quote} 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,...
You obviously have not read Post #1. Sorry, but we don't spoon feed here. Read concientiously and follow directions you come across, because we do not have time to answer such elementary questions for every person that comes here and doesn't do their homework.

-tah
  • #48,202
  • Edited 12:13pm May 7, 2013 12:02pm | Edited 12:13pm
sorry about my internet connection ...
i place buy at AU....
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  • #48,203
  • May 7, 2013 12:04pm May 7, 2013 12:04pm
Quoting ForeignTrade
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...
We have no information on our indicators having been recoded for other broker platforms. You are on your own there. A simple solution for you is to open a demo account with any decent broker offering MT4 and use MT4 for your charting. Relegate your live broker to being an order taker. That is what other Sonicers do if their live broker does not offer MT4.
  • #48,204
  • Edited 12:32pm May 7, 2013 12:12pm | Edited 12:32pm
Stuffed to the Gills With Longs?

That is my question to the MMs! One might guess so, based on how many times they have whipped the price back up after selloffs! Now, if the MMs run out of sucker longs to pass their longs off to and give them a chance to build short, they are gonna start sweating!

-tah
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  • #48,205
  • May 7, 2013 12:14pm May 7, 2013 12:14pm
Quoting traderathome
{quote} We have no information on our indicators having been recoded for other broker platforms. You are on your own there. A simple solution for you is to open a demo account with any decent broker offering MT4 and use MT4 for your charting. Relegate your live broker to being an order taker. That is what other Sonicers do if their live broker does not offer MT4.
Thanks TAH. I did that for now however it's a limited time demo (30 days)
Is anybody using here a reliable MT4 demo account which will not expire??

BTW TAH: Did you close your EU short setup of last week already or did I miss that one?
Since I'm in now (long.....and before I found this thread )
I was following your setup how that worked out.

FT
  • #48,206
  • May 7, 2013 12:22pm May 7, 2013 12:22pm
Quoting ForeignTrade
{quote} Thanks TAH. I did that for now however it's a limited time demo (30 days) Is anybody using here a reliable MT4 demo account which will not expire?? BTW TAH: Did you close your EU short setup of last week already or did I miss that one? Since I'm in now (long.....and before I found this thread ) I was following your setup how that worked out. FT
EU:

Patiently waiting.....
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  • #48,207
  • May 7, 2013 12:29pm May 7, 2013 12:29pm
AM I WRONG?? LONG ON AJ, FOR NIGHT... MAKING SOME HL on 5min
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  • #48,208
  • May 7, 2013 12:38pm May 7, 2013 12:38pm
Quoting irfanhashim
AM I WRONG?? LONG ON AJ, FOR NIGHT... MAKING SOME HL on 5min {image}
AJ:

Clearly bearish. Enter long (black chart)? Not for me. I wanna be on the same side as the MMs! In which case, I'd be looking for the MMs to hike the price back to/above the 101.00 whole number for a short entry (white chart). The high activity at the lower half number S&R looks like "stopping" volume, but only to enable the MMs to re-hike the price for more shorting. You are picking up on that as meaning the MMs are bulls. You could be right over the short term, but be watchful if/when the MMs get the price back up to the upper whole number area.
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  • #48,209
  • May 7, 2013 1:23pm May 7, 2013 1:23pm
Here is a possible strong reversal opportunity for AUDNZD.It made a long down wick today after a long selloff and closing high.After tomorrow and thursday aud nzd data I think this could shoot up to 1.2120 and 1.23 rapidly.I'll be in later today or tomorrow LO with a possible retest.
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  • #48,210
  • May 7, 2013 1:34pm May 7, 2013 1:34pm
Quoting sonicdeejay
Nice Read..I suppose.. Sonic {image}
Nice Read?

Sure, if you have lots of money and lots of time on your hands to waste! Personally, I am becoming more and more convinced technicals are the road to ruin.

The three most valid, most important datum in trading are price, volume and S&R. That's it! Nothing else is needed, and anything else is degrading.

These three datum analyzed properly in concert can determine if the price movers in the market are bulls or bears. Stay on the right side of them, trade light so you can build a position right along with them, enjoy their whipsaws instead of fearing them, and the results of your trading will increase in profits many fold.

That is it in a nutshell. The fine tuning comes with the PVSRA in-work project.

-tah
  • #48,211
  • May 7, 2013 1:56pm May 7, 2013 1:56pm
Quoting okanemici
Here is a possible strong reversal opportunity for AUDNZD.It made a long down wick today after a long selloff and closing high.After tomorrow and thursday aud nzd data I think this could shoot up to 1.2120 and 1.23 rapidly.I'll be in later today or tomorrow LO with a possible retest. {image} {image} {image}
...Or not!

Turning to PVSRA and using H1 for illustrative purpose, we can see how the MMs previously suddenly hiked the price back above the half number S&R and kept upwards pressure on the price while trading very heavily. They simply restored the price to higher levels for selling.

Today there was a selloff in conjunction with AUD releases. Afterwards, we can see the MMs hiked the price back above the whole number S&R, even to above the upper half number S&R, at which time the MMs suddenly increased their trading. They simply restored the price to higher levels for selling.

PVSRA indicates the MMs are bears.

-tah
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  • #48,212
  • May 7, 2013 1:59pm May 7, 2013 1:59pm
Quoting traderathome
{quote} EU: Patiently waiting..... {image}
Hi -tah, did I miss something or when did you change TP point ?
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Whatever is obvious is obviously wrong!"
  • #48,213
  • Edited 2:27pm May 7, 2013 2:06pm | Edited 2:27pm
Quoting traderathome
UChf Long Trade: Entered long trade #1, Scout. M1 PVSRA shows MMs took price below 3/4 S&R and increased activity, indicating the MMs are bulls. No SL, no TP at this time. {image}
UChf Long Trade:

Added long trade #2, Scout. M1 PVSRA shows several moves of the price to below the whole number, each followed up with heavier trading by the MMs, indicating the MMs are bulls lowering price to add longs. No SL, no TP at this time.

Edit: Decided on TP, which could change later (pic. 3).
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  • #48,214
  • May 7, 2013 2:13pm May 7, 2013 2:13pm
Quoting loeil
{quote} Hi -tah, did I miss something or when did you change TP point ? {image} {image}
No, you did not miss anything. I frequently change TP when I add a position, especially in consideration of how the day/week range marks might be changing. It is just the way I do things. Sometimes I think to do this so the change is shown in the picture posted with the additional trade, and sometimes I don't decide if to change the TP until after the post is made.
  • #48,215
  • May 7, 2013 2:20pm May 7, 2013 2:20pm
Quoting traderathome
{quote} No, you did not miss anything. I frequently change TP when I add a position, especially in consideration of how the day/week range marks might be changing. It is just the way I do things. Sometimes I think to do this so the change is shown in the picture posted with the additional trade, and sometimes I don't decide if to change the TP until after the post is made.
Thanks -tah
Whatever is obvious is obviously wrong!"
  • #48,216
  • May 7, 2013 3:04pm May 7, 2013 3:04pm
they do not stay for fear of me… but next candle to 15 ' in EJ will be great red e of fall!
  • #48,217
  • May 7, 2013 5:50pm May 7, 2013 5:50pm
Quoting DmitryFX
WHAT IS THE MARKET MAKER? In trading currencies, market makers function as intermediaries in sales and purchases between two parties and two currencies. For example a bank will function as a market maker when it collects sellers of the US Dollar to then sell to investors who have Euros in exchange. The value of each currency is based on the current market value. To beat the MM you need to understand the basic objectives of their activity. Overall, the MM’s are traders and their objective is to make money. This includes strategies to...
Quoting DmitryFX
WHAT TOOLS DOES THE MARKET MAKER HAVE? Even though they have a number of tools at their disposal, they do have some restrictions imposed on them from outside authorities. These include: The IMF restricts their ability to move price to a general range so as to avoid a collapse of the market. This is generally limited to the ADR and will involve moves of as much as 200 pips per day in most pairs. They do not have unlimited equity so it is necessary for the marketmakers to close positions and regain balance periodically. The only tools they have are...

Thank you DmitryFX for sharing this information by Steve Mauro.

Steve Mauro is a well known figure in this industry and he has given talks and conducted seminars, worskops, training courses for investors and traders.

For a very long time, people in this industry knows that MMs are Market Makers.
Discerning investors and traders knows what move the markets, we do not simply believe in any bloke who comes to Forex Factory and peddle their plagiarised indicators into fanciful looking MT4 chart screen and making all sorts of egocentric maniac claims of how the market moves by perceived market manipulators.

Good share and Thank you once again for providing these information and helping especially newcomers to trading.

Kind regards,

Be Blessed.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #48,218
  • May 7, 2013 6:26pm May 7, 2013 6:26pm
[quote=jeffross;6663185]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.[/quote]

jeffross,

you asked for suggestion: here is my suggestion what you can do as a newcomer to SonicR. 48,000+ posts is simply overwhelming to read that many posts and get started with trading SonicR. But you really must put in some effort to read the important informtion shared by some earlier FF members who were active at the beginning of this thread. This should help you with a good start into the indepth understanding of SonicR shared by its founder and thread owner sonicdeejay.

See pic below. Use the forum heading click on the "Replies", then below that click on the number "48,348" which is the number of replies posted in this thread. You will then see a pop up window showing all the Member' names and Replies made by each member in the order of the quanity of reply posts. Remember: QUANTITY is not QUALITY.

Again, use the forum search and look for those FF member's (underline in red colour) names highlighted and read every of their posts. You learn a lot about trading and the characters behind those FF members. It is their good character and their knowledge in how they trade the market which make them into successful traders. You will learn the good, the bad and the ugly sides of trading in this thread in their posts.

This reading and studying will take sometime to complete, but when you complete doing this, you will be a much richer person both in knowledge and in trading, but what is valuable is that you as a person will be richer with goodness and you will pass it onto others. Trading is a skill based activity. Hence, you need to Practice, Practice, Practice ....

Have a enjoyable journey learning to trade...the SonicR way.

Be Blessed.
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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #48,219
  • May 7, 2013 6:48pm May 7, 2013 6:48pm
Quoting ForeignTrade
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...
ForeignTrade,

Dragon is simply a EMA34
Trend is simply EMA89
These are the two required indicators on you price charts.

Rule is simple:
Buy only when Price Action is above EMA34 and EMA34 above EMA89.
Sell only when Price Action is below EMA34 and EMA34 below EMA89.

Some discretion is necessary when trading. That discretion will comes from your trading experience. Your experience will be from your time spent in practice,practice,practice...
You will also need to know many things about Price Action trading and about Support and Resistance. You must learn to trade PA at S&R..aka .... PASR as the first step. Then progress on to PASR + VSA.

The Volume information should be available in your trading platform too. Use that.
Volume Spread Analysis VSA has been around for many years in stock trading where there are central exchanges with true transacted volume data. More recently, some forex trading system are beginning to use VSA.

What is unique is the way sonicdeejay uses Volume is the 'Stopping Volume' and I find that useful in variations of market types and where price structure changes.

There are other threads here in FF shere VSA is being shared and discussed. Look for them in the other forum sections under Trading Discussions and Commercial Content.

When you use Google search, try these for search keywords:

"34EMA wave trading"
"Raghee Horner"

You will find plenty of online resources and videos too. These will keep you very very busy.

Kind regards,

Trade Well.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #48,220
  • May 7, 2013 8:19pm May 7, 2013 8:19pm
nice shake out to make Sir TAH happy??

*Sonic
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