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Sonic R. System

  • #49,501
  • May 23, 2013 7:00am May 23, 2013 7:00am
UJ: Short Scout #1

Now I closed all my orders, it's time to try keep winning with the downtrend. Price pushed up as a retracement to the first fibo level, around 101.81. The volume is rising when the price crosses the 101.75 area and I added a scout. If the prices goes up to the 102-102.2 zone and I see attractive volume, I will add a second scout and the same with the 102.5 area. No more than 3 scouts planned.

No TP at the moment.
Attached Image (click to enlarge)
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To fail is just an opportunity to learn
  • #49,502
  • May 23, 2013 7:06am May 23, 2013 7:06am
Well done to all of those with LIVE accounts that followed TAH's UJ trade and have now closed out with a profit.

However, I am with Sonic in thinking that this is, as I have stated before and with good reason, not the way I wish to trade. Too much risk and drawdown......and IMO not the best use of my funds.

Try putting the ZigAndZag indicator recently posted by Sonic onto your 15m Sonic chart and work out for yourself the potential pips reasonably available since the 9th of May by following its swings and the turn 15m dragon - you may be rather surprised

Please don't bother to suggest that I take all of these entries and post them in real time - I need my sleep ....anyway, I've already posted plenty of entries and trades, so its easy to get the idea, just adapt it to the 15m TF
Trading Levels with WRBs
  • #49,503
  • May 23, 2013 7:11am May 23, 2013 7:11am
Quoting jasakreatif
hellowww ! , good mornig opposite trader . i'm in again early , not using moving opposite but moving average {image}
i think i'll sleep early to night , raining and cold at here
  • #49,504
  • May 23, 2013 7:32am May 23, 2013 7:32am
Quoting sonicdeejay
{quote} Ser, [Trading is the] Art of identifying a trend revsersal at the "earliest stage" and riding that trend until the "weight of the evidence" proves that Trend has reversed. Martin Pring Instead of adding shorts as it goes up.. I will rather add shorts as it slides.. BTW,, Bravo for your bountiful pips..too.. {image} Sonic {image}
Sonic,

Good post and message. Thank you.

Trading is a skill based activity and requires a lot of knowledge. What I see in this thread is that a cognitive bias formed. This will damage many live trading accounts of SonicR traders.
PVSRA is there on our charts I have no doubts about seeing it. But to assume that market manipulators being bulls and bears is result of cognitive bias formed from recency bias in the ongoing experiment. Only long term results will show the truth of this. By then many trading accounts would have been damaged and many lessons learned from this manner of grid trading using PVSRA as the trigger to add positions in a reckless manner. This way of adding position is not the conventional way to build positions in investments and trading. It is averaging down by adding to losing positions and waiting for the market to turnaround to take profits. Nice trading strategy or what some will call this a trading game. I would like to know how many traders here really trade live with real hard earned money and which brokers they use for this live trading.

Nice video
Inserted Video


Regards,

EMMANUEL
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #49,505
  • May 23, 2013 7:48am May 23, 2013 7:48am
Quoting Tymedu
UJ: Short Scout #1 Now I closed all my orders, it's time to try keep winning with the downtrend. Price pushed up as a retracement to the first fibo level, around 101.81. The volume is rising when the price crosses the 101.75 area and I added a scout. If the prices goes up to the 102-102.2 zone and I see attractive volume, I will add a second scout and the same with the 102.5 area. No more than 3 scouts planned. No TP at the moment. {image}
tymedu would you mind sharing the sub window indy that you use?
Price Is The Best Indicator Itself.
  • #49,506
  • May 23, 2013 7:50am May 23, 2013 7:50am
Quoting traderathome
{quote}ArtfulDodger, Master Sonicdeejay's point is valid. Let's visualize price going up and back down, and divide the distance into tenths. We could trade each "tenth" level up and wait for profits as price later falls all the way back down. We could do nothing until price starts to fall down and trade each "tenth" level then. Either way, the resultant pips are the same. What Master Sonicdeejay is alluding to is that it is safer and that it takes less time to reap the profits doing it the second way. Of course, one could do it both ways!...
I think the concensus is that: #1 PVSRA (based on data to date) works in indicating whether MM are bears or bulls, and #2 nobody feels comfortable adding to trades as it retraces before the "big move."

So the only logical solution is to use PVSRA as an "early warning" device to indicate a valid sonicR trade is on the horizon. Then, when the correct wave data does appear, enter at that time, and add to the trade as desired.

  • #49,507
  • May 23, 2013 7:54am May 23, 2013 7:54am
Quoting emmanuel7788
{quote} I would like to know how many traders here really trade live with real hard earned money and which brokers they use for this live trading. Nice video http://www.youtube.com/watch?gl=SG&v...NLQkc&hl=en-GB Regards, EMMANUEL
I had 2 accounts, one in xeMarkets with 200$ and another (my main) in FXCM. Now, after doubling up my xeMarkets account to 450$ (thanks mainly to TAH's system and Sonic system), I merged all in my main account. I´m not a pro, I started to trade with real account in January.

I agree with you this way of trading is dangerous, but it has been proven to be successful at the moment. Like Islander, I have to admit that is not my way of trading, but I respect it and I try to learn things from it to apply them in order to improve my trading skills. I still think TAH's system has to be improved to avoid the huge drawdowns but this is a work in progress and he has all my support and all the help I can provide to achieve that.

The respect is always something important.

Best, Tymedu.
To fail is just an opportunity to learn
  • #49,508
  • May 23, 2013 7:58am May 23, 2013 7:58am
Quoting Redddz
{quote} tymedu would you mind sharing the sub window indy that you use?
I was about to say it is in the attached documents (clip icon) but it seems that it's not working. Dmitry uploaded it a few days ago, so all credits to Dmitry
Attached File(s)
File Type: ex4 pipware-minichart-v3.0.ex4   40 KB | 383 downloads
To fail is just an opportunity to learn
  • #49,509
  • May 23, 2013 8:08am May 23, 2013 8:08am
Quoting Tymedu
{quote} I was about to say it is in the attached documents (clip icon) but it seems that it's not working. Dmitry uploaded it a few days ago, so all credits to Dmitry {file}
thank you mate
Price Is The Best Indicator Itself.
  • #49,510
  • May 23, 2013 8:13am May 23, 2013 8:13am
Quoting Tymedu
{quote} I was about to say it is in the attached documents (clip icon) but it seems that it's not working. Dmitry uploaded it a few days ago, so all credits to Dmitry {file}
mate it doesnt work, what are the settings of it? it looks like this.
Attached Image (click to enlarge)
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Price Is The Best Indicator Itself.
  • #49,511
  • May 23, 2013 8:18am May 23, 2013 8:18am
You can try this minichart, work fine.

http://www.pipware.com/software/mini-charts.html

PS: I think your problem is the font.
Newbie trader
  • #49,512
  • May 23, 2013 8:22am May 23, 2013 8:22am
Quoting fex
You can try this minichart, work fine. http://www.pipware.com/software/mini-charts.html PS: I think your problem is the font.
Oh yes, sorry, I forgot to mention that, u need to intall the font!
To fail is just an opportunity to learn
  • #49,513
  • May 23, 2013 8:26am May 23, 2013 8:26am
Quoting fex
You can try this minichart, work fine. http://www.pipware.com/software/mini-charts.html PS: I think your problem is the font.
nope mate, it doesnt work either.
Price Is The Best Indicator Itself.
  • #49,514
  • May 23, 2013 8:28am May 23, 2013 8:28am
Quoting Tymedu
{quote} Oh yes, sorry, I forgot to mention that, u need to intall the font!
oh i guess fonts what im missing, lemme install that. thank you guys.
Price Is The Best Indicator Itself.
  • #49,515
  • May 23, 2013 8:38am May 23, 2013 8:38am
minicharts takes up too much CPU resources and add to the heavy load of TAH nice indicators.

If you want to see higher TF charts, try these here by a great MT4 developer name FerruFX in Forex Factory.

http://www.forexfactory.com/showthread.php?t=418662

Enjoy!
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #49,516
  • May 23, 2013 8:40am May 23, 2013 8:40am
Quoting Tymedu
{quote} Oh yes, sorry, I forgot to mention that, u need to intall the font!
guys it works fine now
thanks
Price Is The Best Indicator Itself.
  • #49,517
  • May 23, 2013 8:43am May 23, 2013 8:43am
Quoting emmanuel7788
minicharts takes up too much CPU resources and add to the heavy load of TAH nice indicators. If you want to see higher TF charts, try these here by a great MT4 developer name FerruFX in Forex Factory. http://www.forexfactory.com/showthread.php?t=418662 Enjoy!
i have that mate. thanks
Price Is The Best Indicator Itself.
  • #49,518
  • May 23, 2013 8:44am May 23, 2013 8:44am
Quoting emmanuel7788
minicharts takes up too much CPU resources and add to the heavy load of TAH nice indicators. If you want to see higher TF charts, try these here by a great MT4 developer name FerruFX in Forex Factory. http://www.forexfactory.com/showthread.php?t=418662 Enjoy!
Thanks Emmanuelle, I also happened to me when I tried the strategy of stratman pipware, so I have not installed.
Newbie trader
  • #49,519
  • May 23, 2013 8:55am May 23, 2013 8:55am
Here is a chart example showing SonicR M15 and FerruFx Volume in the sub-indicator window.

It would be good if we can have TAH PVA shown in sub-window too for the different TFs.

All I want to see when I am in M15 are the M1 and M5 PVRSA in the sub-window.

Wishful thinking...
Attached Image (click to enlarge)
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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #49,520
  • May 23, 2013 9:28am May 23, 2013 9:28am
UCad Short Trade. Classic.
Attached Image (click to enlarge)
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Whatever is obvious is obviously wrong!"
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