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Sonic R. System

  • #50,801
  • Jun 10, 2013 11:42am Jun 10, 2013 11:42am
Quoting hansma
{quote} No not really in this context. I am trading a flag that broke down - and entering when price returns to the same point of the flag break - targeting the low of the flag pole minimum. Regards, H.

To be honest I don't want to impose my opinion. I made many mistakes in the past. Mistakes is human and it's a great thing to learn. Now, stopping with the bullshit before I agree with THA about you showing us the flag/trade you were looking for.
Thanks and peace.
U
  • #50,802
  • Edited 11:53am Jun 10, 2013 11:42am | Edited 11:53am
Quoting traderathome
I am entering this new week with established trades, and might be less active with additional trades until I see how things go. However, when I do enter into additional trades, I am going to be asking myself "Are the MMs building, or running for profits?" and I will be trying to place my entries only on pullbacks during overall price movement that is consistent with what PVSRA indicates the MMs are. If they are bulls then the overall movement should be up and I should be adding on downwards pullbacks, Classic entries not withstanding. If they...
Not Adhering to Plan!

Failing grade for me, so far. This first day I added to existing EJ, EU, UChf trades, which is ok. However, I opened a GJ bear trade way too soon (pre-LS), adding as the price was pushed higher. When I finished that, later (in LS) it popped even much higher! I also opened a UCad bull trade, probably right at the best time. Add these two new trades together and I deserve only a 50% score grade, which is a failing grade. I have four more days to improve.
  • #50,803
  • Jun 10, 2013 11:56am Jun 10, 2013 11:56am
Quoting traderathome
{quote} Gee, Hansma. Under the circumstances, do you think you could diagram it for us, in case we cannot picture in our mind what you have in your mind?

Go to readthemarket.com

Itīs free learning.

Have fun...

H
"The future is already written in the past"
  • #50,804
  • Jun 10, 2013 12:00pm Jun 10, 2013 12:00pm
Quoting hansma
{quote} Go to readthemarket.com Itīs free learning. Have fun... H
Hansma,

Yes, yes. I know. But it is not the same learning experience all we Sonicers could have, if it were done by your hands!

-tah
  • #50,805
  • Jun 10, 2013 12:01pm Jun 10, 2013 12:01pm
Quoting hansma
{quote} Go to readthemarket.com Itīs free learning. Have fun... H
Show a picture for the benefit of the forum. You summarize for us. If not, we are here only to show our trades for
our personal ego. I was like this. Thx
  • #50,806
  • Jun 10, 2013 12:04pm Jun 10, 2013 12:04pm
Quoting loeil
{quote} Hi Mingary, what is this indicator you are using?
Sure thing. I don't want to pollute this thread with my dribble so I will make it short.
VSA has been "sold" as something complex for crass commercial reasons. Don't want to name names but I used TradeGuider info to build an indicator that is actually useful and 100 times better than the TradeGuider commercial crap.
  • #50,807
  • Jun 10, 2013 12:15pm Jun 10, 2013 12:15pm
Quoting traderathome
{quote} Hansma, Yes, yes. I know. But it is not the same learning experience all we Sonicers could have, if it were done by your hands! -tah

I will make some charts later this week - with how I use this to my advantage.

But for now - please give me a moment - As I have trades to manage. LOL.

Regards.

H.
"The future is already written in the past"
  • #50,808
  • Edited 1:15pm Jun 10, 2013 12:34pm | Edited 1:15pm
The Sonic R. System Classic Trade and PVSRA

It is time to tighten down the bolts on PVSRA. I have had ten weeks of fine results from PVSRA. Even five months if counting the results from pre-PVSRA. But, it is time to reign in this bronco and use it as an elegantly simple analysis to go with the elegantly simple and effective Sonic R. System Classic trade.

This means using PVSRA to qualify Classic setups before entry, to use PVSRA to decide if to stay in or get stopped out of a Classic trade if the MMs turn the price direction after entry (and to stay with the trade if PVSRA indicates that is what the MMs are doing, and to use Scouts to take advantage of price moves the same as the MMs do), and to only occasionally start a trade with a Scout in a pre-Classic setup situation. Summarizing.....

1. Only rarely start a trade with a Scout (there must be extremely strong PVSRA signals prior to a Classic setup).
2. Trade Classic setups according to the Sonic R. System rules and recommendation, but only those setups confirmed by PVSRA.
3. Stay with a Classic trade so long as PVSRA remains confirming, and add Scouts to the trade according to PVSRA indications as price moves either way.

This is my new plan, and I am trying to get totally on-board before next week.
-tah
  • #50,809
  • Jun 10, 2013 12:42pm Jun 10, 2013 12:42pm
Quoting umbro
{quote} Show a picture for the benefit of the forum. You summarize for us. If not, we are here only to show our trades for our personal ego. I was like this. Thx
Umbro -I certainly dont post post trades for my own benefit - hence why I dont post daily/often.

I am a patient spider waiting for price to come into a range that I have selected. Only then and if

price enteres into that range - I will engage in a trade.

Patience is the key - If you dont follow this - you will be the spider thats gets eaten.

Have fun

H.
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"The future is already written in the past"
  • #50,810
  • Jun 10, 2013 12:50pm Jun 10, 2013 12:50pm
Just to add to Your post, what I see in these last days, a lot of people started to ask what is demo and live and. etc..... , When everything was pink, everyone was getting excited. Then came bad day and everything " fall a part ". And a lot of people started to question U.???
I follow Your thread 3 months, I trade live, I learned a lot, I asked questions which were never answered, but I understood ( READ POST #1 ) and I red. I hope is correct " red ".
So, just to say, I think this is best thread, it is a lot of to learn here, so I believe if You post Your scout or any trade it is up to US who are in this thread to take it or NO!!!!!
Best wishes.




Quoting traderathome
The Sonic R. System Classic Trade and PVSRA It is time to tighten down the bolts on PVSRA. I have had ten weeks of fine results from PVSRA. Even five months if counting the results from pre-PVSRA. But, it is time to reign in this bronco and use it as an elegantly simple analysis to go with the elegantly simple and effective Sonic R. System Classic trade. This means using PVSRA to qualify Classic setups before entry, to use PVSRA to decide if to stay in or get stopped out of a Classic trade if the MMs turn the price direction after entry (and to...
  • #50,811
  • Jun 10, 2013 1:27pm Jun 10, 2013 1:27pm
Quoting ForeignTrade
{quote} Same here, closed my shorts last friday with a big loss. This morning opened long, because priceinterest is heavy around 1.3194 and 1.3217 Taking volume at a specific priceinterest into my decisions now. Let's see how this works out. FT
Time to sell. priceinterest at 1.3257
Made me 59 pips today
  • #50,812
  • Edited 1:47pm Jun 10, 2013 1:30pm | Edited 1:47pm
PVSRA, UCad: Bulls or Bears?

UCad:

See the highlighted bar? The MMs once again drove the price below the 3/4SR and followed with increased trading. PVSRA indicates the MMs are bulls adding longs. With the price below the whole number, the MMs might not be in such a hurry to run it up. While it is down, the MMs can build long ahead of the stack of high impact releases you see coming. So, the question is whether or not the price will start to move higher under buying pressure, or if the MMs can keep it down, or periodically ram it back down if it drifts too high before these releases.

In any case, this certainly is a pair to be stalking for a Classic long setup. And, once entered, to add Scouts to it if the MMs ram the price back down before the releases. It seems reasonable that a bull swing up would take price back at least to the 1.0350 area, 150 pips above the current whole number area, for a decent long trade. Just how I see it.

I have already opened a long trade with several pre-Classic Scouts during that spike down.

-tah
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  • #50,813
  • Jun 10, 2013 1:30pm Jun 10, 2013 1:30pm
USD/CHF
Moving slow today! Looking for that push!
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Creditors have better memories than debtors.
  • #50,814
  • Jun 10, 2013 1:54pm Jun 10, 2013 1:54pm
Quoting traderathome
The Sonic R. System Classic Trade and PVSRA It is time to tighten down the bolts on PVSRA. I have had ten weeks of fine results from PVSRA. Even five months if counting the results from pre-PVSRA. But, it is time to reign in this bronco and use it as an elegantly simple analysis to go with the elegantly simple and effective Sonic R. System Classic trade. This means using PVSRA to qualify Classic setups before entry, to use PVSRA to decide if to stay in or get stopped out of a Classic trade if the MMs turn the price direction after entry (and to...
I like this idea TAH, but let me ask you something.

If you trade based in classic Sonic R system entry, will you follow the same bank management, the same lots? Because one thing is to build a position based in scouts, and other waiting for a classic. There will be less opportunities to add positions, unless you add positions every single time you see PVSRA confirmation after the first classic entry.

I think it's a good idea because is way more safer, you won't "waste" the markup or markdown when the price is moving in the opposite direction and you will use classic entries avoiding the initial SL. Like it.
To fail is just an opportunity to learn
  • #50,815
  • Jun 10, 2013 1:56pm Jun 10, 2013 1:56pm
PVSRA, YEN Pairs: Bulls or Bears?

Using UJ as an example, the first day of this week the MMs dedicated to driving up the prices of the YEN pairs. Now, note the JPY releases coming Tuesday. PVSRA indicates the MMs are bears, not bulls. It is possible this run up was constructed by the Bear MMs to build up their short positions, for which they needed longs. And what better way to attract longs than to drive up the price? So, the stage might be set for a bear swing, for a Classic short setup and a decent short trade. Right back down to RWL seems reasonable. This might be worth stalking.
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  • #50,816
  • Jun 10, 2013 2:01pm Jun 10, 2013 2:01pm
Quoting ForeignTrade
{quote} Time to sell. priceinterest at 1.3257 Made me 59 pips today
Opened EU Sell @ 1.3257
Interest around that price speeds up...
  • #50,817
  • Jun 10, 2013 2:07pm Jun 10, 2013 2:07pm
Quoting traderathome
PVSRA, UCad: Bulls or Bears? . I have already opened a long trade with several pre-Classic Scouts during that spike down. -tah {image}
The last weekly bar was a rather tall downbar on heavy volume. Is this a sign of weakness?
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Posting Demo charts, mirroring some of them live.
  • #50,818
  • Jun 10, 2013 2:15pm Jun 10, 2013 2:15pm
Quoting traderathome
The Sonic R. System Classic Trade and PVSRA It is time to tighten down the bolts on PVSRA. I have had ten weeks of fine results from PVSRA. Even five months if counting the results from pre-PVSRA. But, it is time to reign in this bronco and use it as an elegantly simple analysis to go with the elegantly simple and effective Sonic R. System Classic trade. This means using PVSRA to qualify Classic setups before entry, to use PVSRA to decide if to stay in or get stopped out of a Classic trade if the MMs turn the price direction after entry (and to...
Quoting capetown
Just to add to Your post, what I see in these last days, a lot of people started to ask what is demo and live and. etc..... , When everything was pink, everyone was getting excited. Then came bad day and everything " fall a part ". And a lot of people started to question U.??? I follow Your thread 3 months, I trade live, I learned a lot, I asked questions which were never answered, but I understood ( READ POST #1 ) and I red. I hope is correct " red ". So, just to say, I think this is best thread, it is a lot of to learn here, so I believe if...
capetown,

Thank you for your sincere and open post. This is what Master Sonicdeejay and myself consider as a reward for our efforts here, helping others become more profitable against the Beast that is the market, ......"All for one and one for all!"

-tah
  • #50,819
  • Edited 2:38pm Jun 10, 2013 2:28pm | Edited 2:38pm
Quoting forexpiet
{quote} The last weekly bar was a rather tall downbar on heavy volume. Is this a sign of weakness? {image}
PVSRA, UCad: Bulls or Bears?

UCad:

It is customary to look at the following bar. If a strong bear bar is followed by another bear bar closing lower, then yes = weakness. If followed by a bull bar, then = budding strength. We don't have a "following" Week bar yet. By the time we do, this week's action will all be over with! So, if you use the Day chart instead, you won't have to wait so long for a following bar. The Day chart does not show so bearish. In fact, price action could be at the reversal point, which is exactly what PVSRA on lower TFs also suggests by indicating the MMs are now bulls. PVSRA is a more immediate way and a more reliable way to determine if the market is bull or bear, than to be trying to decide that based on the PA of very large TF charts.
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  • #50,820
  • Jun 10, 2013 2:30pm Jun 10, 2013 2:30pm
Quoting traderathome
{quote} {quote} capetown, Thank you for your sincere and open post. This is what Master Sonicdeejay and myself consider as a reward for our efforts here, helping others become more profitable against the Beast that is the market, ......"All for one and one for all!" -tah
Tah, I second that. All your efforts are appreciated. We are all on the same learning journey. Although I am a newbie and have not migrated over to Sonic there have no doubt been other black days in the past. I bet that our THV colleagues had a bad day too.. Of course if a trend emerges then we may need to adapt as the MM would have done (to PVSRA).
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