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Sonic R. System

  • #48,461
  • May 9, 2013 1:26pm May 9, 2013 1:26pm
with proper money management you can have really great success with PVSRA. These are my stats with trading only PVSRA starting from this month and you can see maximum draw down 1.5%
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  • #48,462
  • May 9, 2013 1:32pm May 9, 2013 1:32pm
I'm kinda confused with this sonic method.. Can someone help explain it to me. Do i look for the candle to touch the bottom of trend line to buy,,
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Creditors have better memories than debtors.
  • #48,463
  • May 9, 2013 1:37pm May 9, 2013 1:37pm
Quoting ForexSwag
I'm kinda confused with this sonic method.. Can someone help explain it to me. Do i look for the candle to touch the bottom of trend line to buy,, {image}
trend line not matter much for Sonic R setup. If u find a good wave you just have to wait 3rd leg to cross from the dragon and wait for the candle to close outside of the dragon. Read the manual given in 1st post for more detailed explanation.
  • #48,464
  • May 9, 2013 1:39pm May 9, 2013 1:39pm
Quoting zohaib
{quote} trend line not matter much for Sonic R setup. If u find a good wave you just have to wait 3rd leg to cross from the dragon and wait for the candle to close outside of the dragon. Read the manual given in 1st post for more detailed explanation.
Can you take a screenshot to show me what your talking about... Because Im super confused right now... i would greatly appreciate it
Creditors have better memories than debtors.
  • #48,465
  • May 9, 2013 1:44pm May 9, 2013 1:44pm
Quoting ForexSwag
{quote} Can you take a screenshot to show me what your talking about... Because Im super confused right now... i would greatly appreciate it
Look this is the perfect example of sonic R short entry which happened today. Black line indicates the wave and when candle of 3rd leg wave closed outside of the dragon that was our entry point. So mainly you have to wait for a good wave and the 3rd leg candle close outside the dragon. It is explained in details at 1st post there you can find about wave and dragon too so read that please.
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  • #48,466
  • May 9, 2013 1:45pm May 9, 2013 1:45pm
Quoting zohaib
{quote} Look this is the perfect example of sonic R short entry which happened today. Black line indicates the wave and when candle of 3rd leg wave closed outside of the dragon that was our entry point. So mainly you have to wait for a good wave and the 3rd leg candle close outside the dragon. It is explained in details at 1st post there you can find about wave and dragon too so read that please. {image}

I see thanks zohaib
Creditors have better memories than debtors.
  • #48,467
  • May 9, 2013 1:56pm May 9, 2013 1:56pm
Uj might be slower but gj an ej might go up an other 500 pips with an eye blink.Daily and 4h macd is enough to see this, all over zero line.Your pvsra seems to work better in non yen pairs. 17 opposite direction trades is a proof for that.The reason might be a lot of price manipulations going on there and they are still in up trend.


Quoting traderathome
{quote} GJ Short Trade: Added short trades #13 thru #17, Scouts. M1 PVSRA shows MMs quickly pumped price from 154.50 half number S&R to above the 155.50 half number S&R, all on excessively high trading as price approached the upper half number area and then went thru it. All this indicates the MMs are extreme bears off loading longs, loading up shorts ahead of the JPY high impact release coming early next Asian session. This price action proves the point that while PVSRA can determine if the MMs are bulls or bears, we can never know when the MMs...
  • #48,468
  • Edited 2:14pm May 9, 2013 2:02pm | Edited 2:14pm
Early Reviews of PVSRA

"...what makes them interesting is the win to loss ratio. This is what makes PVSRA analysis a potential winner." -revoli

"...PVSRA has really opened up my eyes to things. I'm totally impressed with it, and I think it's the way to go. I've been making great strides...the key to it is adding the trades as it doesn't take as much of a move to triple or quadruple what the typical trade would have provided..." - ArtfulDodger

"...First real PVSRA trade, avrg. 3x114 enough for me..." - Pmg.g

"...I have made 1228 pips from 11 trades. It was finished with success but I don't want to repeat it again....I spent 9 trading days for it. Emotionally it was hard days without profits..." - DmitryFX

"...I just closed my GU's and EU's as well and I Won't repeat them again. To have that amount of orders and that amount of drawdown it's just too hard for me. And I´m not saying PVRSA doesn't work, it works perfectly.....PVRSA analysis is the best tool I ever found since I started to trade, but I prefer to use it to find out where are pointing MM's and then, wait for PA, proper waves and classic setups..." - Tymedu

"...Since i start using PVSRA 2 weeks ago i did 16 trades: 16 win & 0 lose 100 % winning for first time with 10% net growth in my account. The only problem its very hard emotionally specially i had some night 6-7% drawdown in my account. but i think this problem is manageable by good money management & get used drawdown for few days or weeks..." - aussie2010

"...with proper money management you can have really great success with PVSRA. These are my stats with trading only PVSRA starting from this month and you can see maximum draw down 1.5%..." - zohaib

Early Conclusions
The concensus is PVSRA is an effective analysis. The concerns are in the area of drawdowns, time to trade completion, and whether to trade on the analysis while the MMs are building positions or whether to hold off until it appears the run for profits is closer at hand, or even if to wait for a first Classic setup in the run for profits direction.

All these concerns are legitimate. The purpose of the PVSAR in-work process is to identify such concerns and to eventually come to some conclusions as to the best manner in which to conduct the analysis and the best manner in which to apply the results of the analysis.

By these remarks, obviously progress is being made thanks to the participants. Please continue to share your results and thoughts.

Participants, thank you,
-tah
  • #48,469
  • May 9, 2013 2:16pm May 9, 2013 2:16pm
Totally agree TAH, PVRSA is just awesome, and I guess with the time the scouts will be more accurate and the drawdown will be lower. The awesome thing about PVRSA is that you can use it in too many ways. As a tool to use with classic entries, as scouts and to build positions. All of them are logic and valid, and we have to choose what do we prefer and use it. Easy as that.

Last days were hard for me cause when I have too many orders opened, I feel with "fear" to add more trades, even in others pairs, because I feel like I´m risking too much and I start to think things like "If everything goes wrong..." or "If the price breaks that resistance where will go the price... I have no SL for my orders", etc etc.

I guess it's a problem with me, with my mind, but I still find very hard for me to trade building positions. It's not bad, PVRSA works perfectly.

Excelent job, I think there is no tool like this in the world.
To fail is just an opportunity to learn
  • #48,470
  • May 9, 2013 2:47pm May 9, 2013 2:47pm
Nice trading! I have one question. What made you decide to hold the trades for so long and not close them on the first dip down to current levels?

Quoting DmitryFX
Finally I have closed series of EU short's I have made 1228 pips from 11 trades. It was finished with success but I don't want to repeat it again The reasons are very simple: 1-I spent 9 trading days for it. Emotionally it was hard days without profits. 2-11 trades were consist 10 Scouts and 1 Classical SonicR setup. 53.3% of overall profit is from only 1 Classical setup. {image}
  • #48,471
  • May 9, 2013 2:48pm May 9, 2013 2:48pm
Quoting Tymedu
Totally agree TAH, PVRSA is just awesome, and I guess with the time the scouts will be more accurate and the drawdown will be lower. The awesome thing about PVRSA is that you can use it in too many ways. As a tool to use with classic entries, as scouts and to build positions. All of them are logic and valid, and we have to choose what do we prefer and use it. Easy as that. Last days were hard for me cause when I have too many orders opened, I feel with "fear" to add more trades, even in others pairs, because I feel like I´m risking too much...
Tymedu,

Thank you for expressing your thoughts on PVSRA as "...a tool to use with classic entries, as scouts and to build positions..." , to which I'd add "...out of both Classics and Scouts." After all, it is nothing more than a way of analysis, but one that is proving to be extremely effective in determining if the MMs are bulls or bears.

In support of the conservative nature of the Sonic R. System, perhaps the best application of the results of this analysis is to await a Classic setup in the MM's "run for profits" direction, adding Scouts only if there are subsequent pullbacks once the breakout of this Classic setup occurs.

As I see it, this would accomplish two improvements to the Sonic R. System that no person could object to:
1. The Sonic R. Classic setup to wait for and trade would be known, and no longer a guess.
2. The purpose and placement of Scouts trades would finally become a well defined part of the Sonic R. System, reigned in from being shots at tops and bottoms, and used instead as support entries for open Classic trades when the MMs instigate position building pullbacks during their "run for profit".

Tymedu, please continue to provide feedback on your experience and thoughts during this PVSRA effort.

-tah
  • #48,472
  • May 9, 2013 3:23pm May 9, 2013 3:23pm
Trading, Potential Lost - Known and limited, Potential Profit - Simply Unlimited..


Gd Morning..

Sonic
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  • #48,473
  • May 9, 2013 3:51pm May 9, 2013 3:51pm
Quoting traderathome
GU, MMs Bulls or Bears? I've been analyzing on M1 and have come up with two signals that the MMs are bears. S&R is not taking a part in this since PA is so flatlined, there being no discernable move to any S&R area before notable volume appears. Instead, PA is just sideways. Nevertheless, there are these two signals. Both signals show MMs moving price up and then trading heavily off the those highs. This means the highs are being favored for trading, which in turn indicates the MMs are bears seeking high prices to do their selling at (short building)....
16 hrs later..

gr8 stuff..professor..

as for JPY, do not add any more scouts, many of ur scouts r way behind enemy lines now..

Sonic
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  • #48,474
  • May 9, 2013 4:07pm May 9, 2013 4:07pm
USDCAD scout short right here, sonic r option on chart.
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  • #48,475
  • May 9, 2013 4:09pm May 9, 2013 4:09pm
Quoting okanemici
USDCAD scout short right here, sonic r option on chart. {image} {image}
That US/CAD is a good Short...
Creditors have better memories than debtors.
  • #48,476
  • May 9, 2013 4:11pm May 9, 2013 4:11pm
NZD/USD looking for a long... I waited to long ... Waiting for a retracement...
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Creditors have better memories than debtors.
  • #48,477
  • May 9, 2013 4:30pm May 9, 2013 4:30pm
Quoting sonicdeejay
{quote} 16 hrs later.. gr8 stuff..professor.. as for JPY, do not add any more scouts, many of ur scouts r way behind enemy lines now.. Sonic {image}

Behind Enemy Lines:

Send your extraction team of commandos along with your scouts....
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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #48,478
  • May 9, 2013 4:32pm May 9, 2013 4:32pm
Quoting traderathome
{quote} GJ Short Trade: Added short trades #13 thru #17, Scouts. M1 PVSRA shows MMs quickly pumped price from 154.50 half number S&R to above the 155.50 half number S&R, all on excessively high trading as price approached the upper half number area and then went thru it. All this indicates the MMs are extreme bears off loading longs, loading up shorts ahead of the JPY high impact release coming early next Asian session. This price action proves the point that while PVSRA can determine if the MMs are bulls or bears, we can never know when the MMs...
Hello TAH, I am still somewhat confused about your GJ trade. You have entered at a bottom formation in May 2-3 for short. The PVSRA shows the MMs are bulls and the trade went up 394 pips. Your total draw down on the first 11 entries is currently 3084 pips.
Is there something I am missing?
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  • #48,479
  • May 9, 2013 4:37pm May 9, 2013 4:37pm
Quoting sonicdeejay
Trading, Potential Lost - Known and limited, Potential Profit - Simply Unlimited.. Gd Morning.. Sonic {image} {image}
http://www.forexfactory.com/attachme...1&d=1368138207



Sonic,
Great trading. CONGRATS!
I knew you were watching that.

Yesterday was hot, but I did not expect that HOT.
That break of that toppisch HIGH was so fast and furious. Waves structure analysis worked out.
Now the ball game has changed with that break high.
Darvas Box Theory - 'break high BUY' in forex need some discretionary decision.

Will post my charts/trades later when I get back to my usual PC.
10" tablet too small to do any high res charting.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #48,480
  • May 9, 2013 4:51pm May 9, 2013 4:51pm
Quoting DmitryFX
AU short Nice classic short. Would be better to stay it open for a while. But target was in confluence with Half Number and RWL. R:R - 1:3 {image}
http://www.forexfactory.com/attachme...1&d=1368124206

DmitryFX,

This is a very good trade - well taken and exited, and the R:R is awesome.

I still have my Buy orders still open and now in drawdown. How do I manage the beast inside me when I am in drawdown? That took me almost 5 years trading grid with ME/ME and I know how. It is not that painful as some new traders may see the agony when account is in drawdown. It is manageble. There are many factors we need to look at.

Will post my AU chart later when I get back to my bigger screen PC.

Regards,
EMMANUEL
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
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