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Sonic R. System

  • #48,581
  • May 10, 2013 8:42am May 10, 2013 8:42am
Quoting Afarensis
{quote} Starting Buy EU 1.2940, Sell UJ 101.90
It is Friday mate..

Sonic
  • #48,582
  • May 10, 2013 8:48am May 10, 2013 8:48am
I personally think you are thinking too much about pips guys. We are not here to win pips, we are here to win money. To count in pips can be very dangerous, it can't be a really ugly game. I see here people with 900, 1000 pips in profit, and it's really good, but what about the money? what about the % of return?

I can open an order with 1 lot and to win 10 pips, or 10$ and I can open as well 100 trades with 0.01 lots and win 1000pips. Never forget, we are here to win money, not pips.

And I use this also as a reminder for myself
To fail is just an opportunity to learn
  • #48,583
  • May 10, 2013 8:58am May 10, 2013 8:58am
Quoting Tymedu
I personally think you are thinking too much about pips guys. We are not here to win pips, we are here to win money. To count in pips can be very dangerous, it can't be a really ugly game. I see here people with 900, 1000 pips in profit, and it's really good, but what about the money? what about the % of return? I can open an order with 1 lot and to win 10 pips, or 10$ and I can open as well 100 trades with 0.01 lots and win 1000pips. Never forget, we are here to win money, not pips. And I use this also as a reminder for myself
You are right. I normally put % return on my trades. For the record my GU trade returned just under 1% given the parameters I think are necessary to cover drawdown potential (200 pips per lot and 2% overall risk for each trade set is my starting point). Is 1% enough? When scalping aggressively you can make that on 10 pips. There is a guy runs a thread called 1 Minute THV Flag Trading who gets about that from each trade. He seems to do this consistently with a a almost purely mechanical trading system. What I do not know yet is how PVSRA can be refined to reduce drawdown and improve return. There is a long way to go on this.
Katte, kabuto no o wo shime yo. Size doesn't matter, leverage is the killer
  • #48,584
  • May 10, 2013 9:04am May 10, 2013 9:04am
Quoting Tymedu
I personally think you are thinking too much about pips guys. We are not here to win pips, we are here to win money. To count in pips can be very dangerous, it can't be a really ugly game. I see here people with 900, 1000 pips in profit, and it's really good, but what about the money? what about the % of return? I can open an order with 1 lot and to win 10 pips, or 10$ and I can open as well 100 trades with 0.01 lots and win 1000pips. Never forget, we are here to win money, not pips. And I use this also as a reminder for myself
So true, but people dont like to reveal how much they are playing with. As for me, ending the week positively, 5 trades and 5 winners.
Last 2 trades here, got in on GbpUsd alittle late. Eurjpy still going but am gona close it now. Total for the week 10% return.
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  • #48,585
  • May 10, 2013 9:05am May 10, 2013 9:05am
Quoting sonicdeejay
{quote} It is Friday mate.. Sonic
yes..but the price are very attractive
  • #48,586
  • May 10, 2013 9:12am May 10, 2013 9:12am
Hey Guys .look UJ....is starting reverse...down..target 98..what do you think??
  • #48,587
  • May 10, 2013 9:13am May 10, 2013 9:13am
EU target 1.33
  • #48,588
  • May 10, 2013 9:29am May 10, 2013 9:29am
Hi as I was a new member and posted this qn some pages ago, the moderators seem to take a long time before it is "published".

Copied my original qn:

I just want to ask the question about volume analysis. As mentioned before, the volume indicator provided by brokers shows the "number" of orders and not the lot sizes traded.

I am sort of beginning to understand the notion behind PVSRA that high volumes at wave peaks seem to be bearish, and at wave bottoms indicates bullishness.

On the other hand, would it be hence fair to say that a large move with a low volume is indicative of big players placing a few orders but with very significant lot sizes - also indicating that such orders are placed by the powerful MMs?
  • #48,589
  • May 10, 2013 9:58am May 10, 2013 9:58am
Quoting totty23
OK here: {image}
Transfer? Please detail what is being transferred and in what direction. You understand the terms you use, but others don't. For me, transfer means the higher ups in the military are stationing an officer to a new location!

Defense? Please detail what is being defended and in what manner. You understand the terms you use, but others don't. For me, "defense" is a product for your dog to keep away tics!

You understand the meaning of words you use, words that can have multiple meanings to others. Maybe experienced traders also understand, but they don't need your post. It is those traders that are still growing in experience and knowledge that need such information. They won't understand unless you apply more thought to your choice of words and manner of explanation.

It would be nice if you update and repost so all can understand what it is you were saying.

Thank you,
-tah
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  • #48,590
  • May 10, 2013 9:58am May 10, 2013 9:58am
Quoting Afarensis
Hey Guys .look UJ....is starting reverse...down..target 98..what do you think??
Pls, no pic no post

Where exactly are u seeing the UJ is starting to reverse? All I see there is HH and HL. Don't go crazy, specially in a well defined uptrend and specially on Friday evening anter LC. Let's wait next week and the price to make AT LEAST a lower high and a lower low.
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To fail is just an opportunity to learn
  • #48,591
  • May 10, 2013 10:07am May 10, 2013 10:07am
Quoting Tymedu
{quote} Pls, no pic no post Where exactly are u seeing the UJ is starting to reverse? All I see there is HH and HL. Don't go crazy, specially in a well defined uptrend and specially on Friday evening anter LC. Let's wait next week and the price to make AT LEAST a lower high and a lower low. {image}
Sorry but i am not in home...(no pic)...look H1 divergence (rsi).....and huge resistence (monthly chart) i am starting short 101.90
  • #48,592
  • May 10, 2013 10:25am May 10, 2013 10:25am
Money vs Pips

Counting money? Calculating % return on your account? The temptation here is to maximize the number of dollars you put to work, to maximize the profit on their work, and to minimize the time it takes to make that profit. And, if you ask any gatherer of statistics on market traders, you will find the odds are predominately in favor of the results being a zero percent return and a complete loss of money.

Counting pips? I favor this and I point to the validity of doing so for this thread. By counting pips from EP (or average EP) to close (TP or SL or manual exit) every single trader is on equal footing with every other trader, regardless of size of account. The rich cannot snide at the less fortunate because they don't know who they are. And the less fortunate cannot be intimidated by the rich because they don't know who they are, and there might not actually be any!

The measure of pips from entry to exit is what qualifies a trade. Which is the better trade, ten lots for 10 pips between EP and TP, or $1,000? Or, a single mini-lot trade with 100 pips between EP and TP, or $100? For the Sonic R. System, obviously the latter is the far better trade.

If folks want to concentrate on money, and make trades consisting of large numbers of lots for a move of just a few pips, then they are in the wrong place by being here.

Master Sonicdeejay has established the Sonic R. System and this thread to help the masses survive in the dog-eat-dog trading arena. The "masses" more includes the less fortunate than the fortunate. So, inconsideration of spreads and everything else, more than just a few pips needs to be made, and made on a very modest size trade. And the trades need to be more successful than not, so that over time the less fortunate can become less so, if you get my meaning.

Hence, from the very start, it is the count of pips that reign here, not the amount of money made!

-traderathome
  • #48,593
  • Edited 11:01am May 10, 2013 10:44am | Edited 11:01am
Quoting m00nman26
Hi as I was a new member and posted this qn some pages ago, the moderators seem to take a long time before it is "published". Copied my original qn: I just want to ask the question about volume analysis. As mentioned before, the volume indicator provided by brokers shows the "number" of orders and not the lot sizes traded. I am sort of beginning to understand the notion behind PVSRA that high volumes at wave peaks seem to be bearish, and at wave bottoms indicates bullishness. On the other hand, would it be hence fair to say that a large move...
Big Moves, Light "Volume"?

When price moves far, yet the number of trades ("volume") is relatively light, it is more indicative of market makers shifting the price to another area where there are pending orders the market maker can then fill, and get commissions on by doing so. Not to mention that the market maker can take a position before they move the price and then close that position at profit when they get the price to where it was intended to go. It should be obvious that the market maker wants to expend as little of their own money as possible (as few trades of their own as possible) to manipulate the price from one place to another, and that the market maker wants to open a profit making position before beginning, so as to offset any expense in making the move and to net out a gain to themselves.

What we see of such moves on individual broker servers is reflective of that process and of traders in that broker's world of forex participating in the move. That is to say, some market maker(s) are behind the move in prices, not individual traders, but individual traders are obviously hitching a ride, hence the relatively light volume while price "inexplicably" moves well in "response" to the light volume. As you see, it is just the other way around. The move in price has nothing to do with the light volume in the broker's world of trader clients. The move is manufactured by MMs outside the broker's world of forex, and some of the broker's clients are simply trading the move......

......or are being stopped out,.....or are having pre-set pending orders filled that could turn out to be a mistake.

-tah
  • #48,594
  • May 10, 2013 10:45am May 10, 2013 10:45am
Quoting Afarensis
{quote} Starting Buy EU 1.2940, Sell UJ 101.90
TP UJ +30...better wait above 102 for long term
  • #48,595
  • May 10, 2013 10:47am May 10, 2013 10:47am
Quoting Tymedu
I personally think you are thinking too much about pips guys. We are not here to win pips, we are here to win money. To count in pips can be very dangerous, it can't be a really ugly game. I see here people with 900, 1000 pips in profit, and it's really good, but what about the money? what about the % of return? I can open an order with 1 lot and to win 10 pips, or 10$ and I can open as well 100 trades with 0.01 lots and win 1000pips. Never forget, we are here to win money, not pips. And I use this also as a reminder for myself
My 5 pips:
Amount of gained money says nothing. It can be bigger or lesser. You could close one lot at 10$ and call it a day. And i will be happy for you. But it says nothing really useful. I prefer to extrapolate you trades for me. One boy in $50 000 drawdown and this is ok for him. I`m $5 locked and i`m ok with this. In pips it can be equal. Sharing real amount of money can provide bad atmosphere with big ego and tears.
Be coherent with your strategy
  • #48,596
  • May 10, 2013 11:15am May 10, 2013 11:15am
Quoting traderathome
EU Short Trade: Entered Classic short. No SL, TP at this time. {image}
EU Short Trade:

Added short trade #2, a Scout to beef up this Classic trade. M1 PVSRA shows the MMs running the price back up in "off hours" when it is easier for the MMs to take prices where they want them. Since it is obvious they want them back up, they are bears adding shorts. M1 PVSRA clearly shows the activity that came in at the highest prices is a significant increase in relative volume, indicating the MMs are bears seeking higher prices to add shorts.
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  • #48,597
  • May 10, 2013 11:33am May 10, 2013 11:33am
Quoting traderathome
Money vs Pips Counting money? Which is the better trade, ten lots for 10 pips between EP and TP, or $1,000? Or, a single mini-lot trade with 100 pips between EP and TP, or $100? For the Sonic R. System, obviously the latter is the far better trade.
Amen to that!

  • #48,598
  • Edited 11:47am May 10, 2013 11:33am | Edited 11:47am
PVSRA Results for 1st Six Weeks

The following are the results of my trading the Sonic R. System using PVSRA to determine if MMs are bulls or bears, and then trading the price action I see.

Week ending 04/05
1289 pips gained, 7 trades totaling 19 parts (18 parts winners), and averaging 67+ pips per all parts.

Week ending 04/12
1891 pips gained, 9 trades totaling 28 parts (all winners), averaging 67+ pips per all parts.

Week ending 04/19
2160 pips gained, 9 trades totaling 31 parts (29 parts winners), averaging 69+ pips per all parts.

Week ending 04/26
2640 pips gained, 6 trades totaling 34 parts (all winners), averaging 77+ pips per all parts.

Week ending 05/03
2530 pips gained, 6 trades totaling 24 parts (23 parts winners), averaging 105+ pips per all parts.

Week ending 05/10
3050 pips gained, 7 trades totaling 33 parts (all winners), averaging 92+ pips per all parts.


All of these trades, all of the trade parts thereof, were posted real-time right here on the Sonic R. System thread, using crystal clear easy to understand charts and explanations regarding PVSRA reasons for entries, whether Classic or Scout trades.

Anyone who has followed my trades has noticed the sudden and dramatic increase in profits resulting from these trades versus my previous trading. I use the word "dramatic" because suddenly I am gaining more pips weekly than I had previously been gaining monthly! I consider that to be a dramatic change. And I attribute this wonderful change to PVSRA. I am growing along with the "in-work" PVSRA project, and the only information on it for now will be thru my trade and "Comment" posts, the posts of other Sonicers that are also using PVSRA, and the PVSRA PDF that compiles a sampling of these posts (compliments of jackywang5, see link in post #1).

I repeat, the released TAH indicators and templates (Post #1, link #1) are totally adequate for PVSRA. So, even though I continue to field test upgrades in preparations for a future release, don't let that stop you from joining in on the use of PVSRA if you want to do so.

Finally, I wish to express my appreciation to those Sonicers embracing the PVSRA project and contributing with their posts, both on the difficulties they are having and the successes they are having. My prayer is that eventually we will nail down the best facets of analysis to use and the best way to apply the results of the analysis, and that the sum total will be an elegantly simple and effective new tool for qualifying Sonic R. System Classic setups and supporting Scouts.

-tah
  • #48,599
  • May 10, 2013 12:26pm May 10, 2013 12:26pm
Quoting traderathome
{quote} EU Short Trade: Added short trade #2, a Scout to beef up this Classic trade. M1 PVSRA shows the MMs running the price back up in "off hours" when it is easier for the MMs to take prices where they want them. Since it is obvious they want them back up, they are bears adding shorts. M1 PVSRA clearly shows the activity that came in at the highest prices is a significant increase in relative volume, indicating the MMs are bears seeking higher prices to add shorts. {image} {image}
GET NOT UNDERSTAND WHY not consider the volume that I scored in the low areas, is what I can not understand, so sometimes it seems a bit arbitrary Would you be so kind as to explain?
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Newbie trader
  • #48,600
  • May 10, 2013 12:45pm May 10, 2013 12:45pm
Quoting francus
{quote}Amount of gained money says nothing.
Really... I don't know how to answer that. If the amount of money we win says nothing, wtf are we doing trading?

It's normal to publish our trades in pips, because is the unit of measure and it's completely normal, but at the end the important is how much $$$ do you have in your pocket at the end of the week, month, year, etc. It's just about logic. I don't care if I win 200 or 20000 pips in a month, I care about how big is getting my account, about the growth %, about the money.

I fully respect if you don't want to put here how much did you win or loose, it's normal and private, but it's important to say the return % of your trades. The pips, at the end, means nothing, it's just a number which doesn't show your ability or how successful you are. Repeat, I can divide my trades by 10 to make x10 more pips, and that means nothing because the return % will be the same.

And I want to repeat it one more time because u guys are always in defensive mode. It's ok to show your results in pips because is the normal unit, but do not base your trading in the amount of pips achieved, base it in the % of return.

And TAH, it's a little bit annoying when you say "you are at the wrong place" every single time a guy (me or another guy) say something and you disagree. Your opinion is not the only valid one. We are all here to learn, to share and to win together. But we are here as well to discuss different points of view. And I say this with all my respects because you know how big is my admiration for you and your system.

Happy weekend guys!
To fail is just an opportunity to learn
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