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Sonic R. System

  • #48,601
  • May 10, 2013 5:32pm May 10, 2013 5:32pm
Quoting fex
{quote} 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? {image}
Ok?
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  • #48,602
  • Edited 5:49pm May 10, 2013 5:34pm | Edited 5:49pm
Quoting Tymedu
{quote} 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...
Tymedu,

Any trader that wants to slap down gobs of lots and hold a trade for peanut pips over spread, and then cash out, well that trader doesn't need any method! Why should he/she even bother to be here?

I had no person in mind when I said that. I said what I said about big size trades/few pips vs very small trade sizes/strive for large pips because that is fundamental to the Sonic R. System, which was never intended for big lot small pips traders. A person that trades that way sets himself/herself apart from the masses the Sonic R. System is intended to help. And the next thing that happens is there will be pressure to make system "adjustments" to cater to them. After doing that, it will all be down hill from there with a morphed method that no longer best serves those it intended to serve.

For the same reason (to be a system for the "average guy" to go against Goliath) it is pips, not money, we use as a gauge. Every person can keep their privacy and convert their pips to "money and % increase of account" privately.
  • #48,603
  • May 10, 2013 7:05pm May 10, 2013 7:05pm
Just sharing my thoughts catching up reading this thread ...
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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #48,604
  • Edited 11:55pm May 10, 2013 7:19pm | Edited 11:55pm
Quoting Tymedu
{quote} 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...
Tymedu,

I fully agree with you here.
I treat trading as a business hence money matters at the end of the business cycle.
I also agree that this thread is where Sonicdeejay is the thread owner wants everyone to participate in Sharing and Caring. Let us not let one single person distract us with his two very dirty feet.

My thoughts to share with all:
Pips matters ...
$Money matter ...
Fact is that both matters

What also matters is the overall Risks of your trades and your Equity / Balance / Exposure.
You can look at your trades’ overall risk ‘R’ measured -
in pips,
in $money,
in % of Equity/balance.

If you average down your losing position and accumulate say 10 open trades, where is your stop loss in pips when the market proves you wrong? you keep adding more positions, and hope for the market to turnaround for you. Yes, that can happen and has happen. But then what is the total risks you have been exposed to. That is your ‘R’ whether you like that or not.
When the market is kind enough and you win some pips and some $money. What it the ratio of your wins compare to your initial ‘R’.
Let’s say your total risk is 1000pips. this is your overall ‘R’ in pips.
Your final exits make you + 600pips...
You final result is 0.6R.

Do you know what that means over a long term of trading?
If you don’t, then watch this video by Dr Van Tharp.
Inserted Video

..
What matters is also your reason(s) for trading this spot forex market where statisticians tell you 95% of traders lose money.
Can you make a decent living with $500 trading capital. Some say yes. Some say no.

I can trade micro lots with $500 and enjoy some fun here in Forex Factory posting and writing thousands of posts. But I won’t be able to pay my bills, my mortgage, put my children through school, go on holiday vacation, etc. ... but I can still feed those squirrels in my backyard.
I know many of you folks live in $ingapore where capital gain is not taxable. If your local tax authority starts to tax your forex trading gains, do you have a problem.
If you have a problem, then that will a happy problem which 95% or traders will love to have this happy problem.

Trading SonicR system is not a game of playing with large wins of pips. It is about making some money to supplement your income and it can become a replacement income in case you lose your fulltime job or when you decide one day to fire your boss. It is one of the roads togain financial freedom as a business owner through forex trading.


Have a Good Weekend.

Be Blessed.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #48,605
  • May 10, 2013 7:25pm May 10, 2013 7:25pm
Quoting traderathome
{quote} 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...
Thanks for the clarifications! I had always assumed prices are moved by the balance between the total amount of money between the currency pair (sort of like a stock exchange balancing the prices) Great job guys. Easily one of the most informative thread in FF
  • #48,606
  • May 10, 2013 7:28pm May 10, 2013 7:28pm
Quoting pres78
{quote} Revoli I am not replying to you specifically and really I have no place saying anything at all in this thread as I do not trade using these methods however I am a long time user of volume in my trading and I also have a great respect for Sonic and what has been done in this thread by both Sonic and TAH (I am but a silent follower interested watching the progress). The portion of your statement that I left in my reply is and can be a bit misleading or should I say a point of confusion for traders using volume. In VSA they teach that weakness...
pres78,

Thank you for your post above.

You had helped me with better understaning on the use of Volume with PA and cleared up a few misconception I had along the way. I know it is not easy to trade using Volume as priority over PA, so it is still PA with Volume as secodary decision making factor to pick out the higher probability trades.

Thank you and Have a Good Weekend.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #48,607
  • May 10, 2013 7:32pm May 10, 2013 7:32pm
Quoting m00nman26
{quote} Thanks for the clarifications! I had always assumed prices are moved by the balance between the total amount of money between the currency pair (sort of like a stock exchange balancing the prices) Great job guys. Easily one of the most informative thread in FF
m00nman26,

don't mind me asking: what do you mean by "a stock exchange balancing the prices"?

any materials or books to read on this?

thanks

Have a Good Weekend.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #48,608
  • May 10, 2013 7:39pm May 10, 2013 7:39pm
Hi what i meant is the total number of shares being transacted betwwen the buyers and sellers on an exchange, in which is the demand and supply that drives the prices.
  • #48,609
  • Edited 7:58pm May 10, 2013 7:42pm | Edited 7:58pm
Quoting only20gp
{quote} 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. {image} {image}
only20gp,

it is true that money is a private matter so people do not want to reveal too much.

well, my thoughts:
It does not matter to me whether FF members posted their trades with real money or demo money.
I look at the charts, I know what the market looks like in realtime. I know when I want to be buyer or seller.
I stopped paper trading many years ago, So by markink line and labeling charts to me is paper trading which is used for teachning.
If I want to share my trading with you here, the least I can do is use demo account money and show the trades entries and exits.
MT4 has good account hosirty data and can be used to analyse performance incldiung R multple analysis.

You are making some good post lately, I don't have time to reply to your posts, but I am learning from you too.Thank you for posting.

Have a Good Weekend.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #48,610
  • May 10, 2013 7:58pm May 10, 2013 7:58pm
Quoting m00nman26
Hi what i meant is the total number of shares being transacted betwwen the buyers and sellers on an exchange, in which is the demand and supply that drives the prices.
thanks.

I thought it was something different what I learned before.

Have Good Weekend.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #48,611
  • May 10, 2013 8:08pm May 10, 2013 8:08pm
Quoting totty23
OK here: {image}
http://www.forexfactory.com/attachme...1&d=1368190518
totty23,

Clean chart...I LIKE.

But I have one question if you do not mind that I ask here.
Your chart shows both SonicR VSA and the one below it is Better Violume 1.4, is there anything you look at and compare the two?
I know that SoncR VSA is a modified version from the original Better Volume 1.4 and the latter has a average level showing.

Hope we can share our experience using these two here.

Regards,

Have a Good Weekend.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #48,612
  • May 10, 2013 8:19pm May 10, 2013 8:19pm
[quote=revoli;6671373]{quote} That would be nice. The band plays on but there may not be enough life boats. {image} These yen pairs have shown up the issue with the way I and others have been using PVSRA is the inability to predict when MM's have finished and are about to initiate a run.[/quote]

revoli,

good post with nice pic too as reminder. Thank you.

every approach to trade the market be that techncial analysis, fundamental analysis, mix of both, etc. has its strength and weakness. We must always evaluate the strength, weakness, opportunities and threats of every market type and condition we see on our charts.

that is why it is very important we adopt a proven risk management strategy in our investments and trading.
the fundamental rule is to preserve our investment/trading capital and to grow it and not to give it away recklessly.

Have a good Weekend.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #48,613
  • May 10, 2013 8:28pm May 10, 2013 8:28pm
Quoting ArtfulDodger
{quote} Nicoacademia, TAH always refers to pips rather than currency amounts, because that is what the target is. I'm not saying the money isn't important, but making reference to currency gains could "put stars in the eyes" of some people, and cause them to blindly jump into something with visions of great wealth flowling their way. The currency involved is a reflection of what each person uses in their trade sizes. It's somewhat irrelevant. Representing trades with pips gained or lossed is more transferrable to everyone as a whole ...
ArtfullDodger,

This one I do not agree with you.

Every investment / trade has to come with a known measured risk before one jump into the market.

You need to know when you get in and when you will get out. These are the know parameters you must decided.

This is what I learn from renowned coaches like Dr Van Tharp. ... and not simply any any bloke here is FF peddling his experiment.

regards,
Have a Good Weekend.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #48,614
  • May 10, 2013 8:37pm May 10, 2013 8:37pm
In a succinct summary.

Some treat this like a hobby, some an intellectual experiment, some semi-professionally, some aspiring to be professional and some professional.

And it shows from what they look out for.
  • #48,615
  • Edited 1:07am May 11, 2013 12:27am | Edited 1:07am
Been Looking for this..



Best Moments:

34:10
39:05
49:02


Inserted Video



Sonic
  • #48,616
  • Edited 2:43am May 11, 2013 1:28am | Edited 2:43am
Quoting sonicdeejay
Been Looking for this.. Best Moments: 34:10 39:05 49:02 http://www.youtube.com/watch?v=dWbl9TbAZHg Sonic
OMG the lost video!
its been taken down so many times! (gonna download it)
"The Flipper" Paul Tudor Jones.

And do you know who was the north american mentor over him in the Commodities Trading Corporation? (includes Martin Schwartz)

Tim Morge.

video also shows no one can predict the market as the Dow took off for the next 14 years bull run. 1986->2000
(and started from 1975) so that's...25 years.
  • #48,617
  • Edited 2:35am May 11, 2013 2:21am | Edited 2:35am
Quoting nicoacademia
In a succinct summary. Some treat this like a hobby, some an intellectual experiment, some semi-professionally, some aspiring to be professional and some professional. And it shows from what they look out for.
Spoken like a man with an opinion passing judgement. Remember when academics and professionals looked out for where the edge of the world was? From on high with your opinions judge not, lest ye be judged and found wanting.
  • #48,618
  • May 11, 2013 2:45am May 11, 2013 2:45am
Quoting traderathome
{quote} Spoken like a man with an opinion passing judgement. Remember when academics and professionals looked out for where the edge of the world was? From on high with your opinions judge not, lest ye be judged and found wanting.
I make judgements everyday in the markets just as I have made it there.
  • #48,619
  • Edited 3:07am May 11, 2013 2:50am | Edited 3:07am
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.

For a "bloke" with an "experiment" things are looking quite nice! I have to laugh at the posts of this guy that constantly drops the names of others of some renoun, and the titles of materials on trading that have garnered some renoun, as if to give himself credibility. But he provides only unsubstantiated claims as to how well he is personally doing; no ongoing real-time trade postings, only excuses for not doing so, and criticisim of someone else that is doing a lot more to help others than he is willing to do! Call me a "bloke" with an "experiment", but smile when you say it yeller feller, because by comparison to this "bloke" you are nothing but a bloated, puffed up with self-importance, cheap shot counterfeit.

-tah
  • #48,620
  • May 11, 2013 2:54am May 11, 2013 2:54am
Quoting traderathome
tah
up until now.
you still do not get the point of the margin that is required to execute your strategy.
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