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Sonic R. System

  • #51,621
  • Jun 20, 2013 8:40am Jun 20, 2013 8:40am
Quoting traderathome
PVSRA, EU: Bulls or Bears? MMs stopped the drop and have manueuvered price back above whole number SR, where they continuously trade heavier, ahead of major releases. PVSRA indicates the MMs = bears. Though PVSRA indicates the MMs are bears, they could be nasty bears. In conjunction with the releases they could put on whipsawing again. Remember, the US MMs are at the table now, and no MMs do this nasty stuff better than they do. {image}

Calling trades is important in this thread. Is it okay to call trades as long as they have a Sonic R basis? My Sonic template is equal to yours data wise but it is setup more like a spreadsheet.
If you are good at something, never do it for free--Joker
  • #51,622
  • Jun 20, 2013 8:44am Jun 20, 2013 8:44am
Quoting jmn5611
{quote} Calling trades is important in this thread. Is it okay to call trades as long as they have a Sonic R basis? My Sonic template is equal to yours data wise but it is setup more like a spreadsheet.
Try it. Let's find out. The objective is that newbies and oldies alike are further instructed and encouraged in the application of the Sonic R. System by trade postings they see.

BTW, thank you for your kind remarks. Such is like getting a vitamin shot in the arm compared to the remarks of some, which fortunately are in the extreme minority around here.
  • #51,623
  • Jun 20, 2013 8:45am Jun 20, 2013 8:45am
Quoting Cheng
{quote} I understand it is a consolidation period but I can't figure out are they selling at the highs or buying at the lows. I always can't read the charts. It seems that there are always increase activity at the lows and highs
Yes they are selling, heavy trading just above half number, BEAR pattern of PVSRA. Get ready for another bush down!
There is no spoon....
  • #51,624
  • Jun 20, 2013 9:02am Jun 20, 2013 9:02am
USDCAD Bulls/Bears:
Is it possible that UC are bears?
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Newbie trader
  • #51,625
  • Jun 20, 2013 9:03am Jun 20, 2013 9:03am
Quoting traderathome
{quote} Try it. Let's find out. The objective is that newbies and oldies alike are further instructed and encouraged in the application of the Sonic R. System by trade postings they see. BTW, thank you for your kind remarks. Such is like getting a vitamin shot in the arm compared to the remarks of some, which fortunately are in the extreme minority around here.
Older traders tend to appreciate the work it takes to trade and blog. I have never been able to do it myself. I get frustrated at the comments. People like to be spoonfed, and it had better be the cereal that they personally like.

Anyways, moving on. price on the EJ is well above the dragon, it looks like volume is not participating in this pullback until the 9am EST bar. If price breaks that low on improving volume, then I am in. Okay, now get me up to speed on procedure here. First off, that was H1 analysis. I know that sonicers trade M15. Do I need to give M15 analysis alone? I do not want to confuse folks.
If you are good at something, never do it for free--Joker
  • #51,626
  • Jun 20, 2013 9:10am Jun 20, 2013 9:10am
Quoting sonicdeejay
I do not trade this trade at all or will trade with small lot.. I see only limited downside not lower than 19.9xx .... possible UP... Sonic {image}

We will see how it turn out in the morning (8 hrs time).. will love to see 20.4x region hit,,or else????


Nite..

Sonic
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  • #51,627
  • Edited 11:14am Jun 20, 2013 9:16am | Edited 11:14am
Quoting traderathome
{quote} GJ Short Trade: Added short trades #4 thru #9, Scouts. Short #4 was set as a pending order before I went to get some sleep. I just awoke to find this had soared upwards, and added #5 thru #9. Adjusted TP. If the MMs later step this sufficiently higher, I will add to this short trade. I also see comments about the Dragon at the time of entry. If you all will look more closely you will see the head of the Dragon was turned down at the time of my first entries. I agree that the body had not any time to be much following that turn, and maybe...
GJ Short Trade:

Added short trades #10 and #11, Scouts. M1 PVSRA shows just at the USD releases the MMs started running the price up thru the 1/2SR, with more activity the higher the price went, indicating the MMs are bears seeking higher prices to add shorts. They added. I added. Adjusted TP.
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  • #51,628
  • Jun 20, 2013 9:20am Jun 20, 2013 9:20am
Quoting jmn5611
{quote} Older traders tend to appreciate the work it takes to trade and blog. I have never been able to do it myself. I get frustrated at the comments. People like to be spoonfed, and it had better be the cereal that they personally like. Anyways, moving on. price on the EJ is well above the dragon, it looks like volume is not participating in this pullback until the 9am EST bar. If price breaks that low on improving volume, then I am in. Okay, now get me up to speed on procedure here. First off, that was H1 analysis. I know that sonicers trade...
Sonic says "pic with post" which is best to follow since a good picture can be worth more than many words. The words also are critical, though. If your trade analysis is based on both H1 and M15 requirements, I suggest post both pics, or the one with the most critical requirements being met.
  • #51,629
  • Jun 20, 2013 9:24am Jun 20, 2013 9:24am
Okie dokie. I will post my chart. It appears here a FF that if you use the indies of a certain member, you could find yourself in some very hot water. I use them, and it was FF ironically that led me to them. So, here we go.
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If you are good at something, never do it for free--Joker
  • #51,630
  • Jun 20, 2013 9:33am Jun 20, 2013 9:33am
Quoting jmn5611
Okie dokie. I will post my chart. It appears here a FF that if you use the indies of a certain member, you could find yourself in some very hot water. I use them, and it was FF ironically that led me to them. So, here we go. {image}
jmn, I'm not sure of your meaning. If you refer to me, my indicators contributed both on the THV and the Sonic R. System threads have always been released as open .mq4 code files, for any and all to freely use. And major contributors to some of the indicators fully supported doing that.

If you are interested, the latest upgrades are in post#1, link #1 to TAH......, and I anticipate another upgrade release very soon, which will then replace what is found thru that link.

-tah
  • #51,631
  • Jun 20, 2013 9:36am Jun 20, 2013 9:36am
Quoting traderathome
{quote} GJ Short Trade: Added short trades #10 and #11, Scouts. M1 PVSRA shows just at the USD releases the MMs started running the price up thru the 1/2SR, with more activity the higher the price went, indicating the MMs are bulls seeking higher prices to add shorts. They added. I added. Adjusted TP. {image} {image}

traderathome,

your adding trades does raise the leverage, I understand that and this does make sense. Because you are adding many trades in the same price region the effect is not much different than martingale strategies. Do you agree?

Regards

futurespeter
  • #51,632
  • Jun 20, 2013 9:39am Jun 20, 2013 9:39am
entered short on GJ at RDH.

Attached Image


is this the best entry TAH ? are u take that short ?
  • #51,633
  • Jun 20, 2013 9:49am Jun 20, 2013 9:49am
Quoting traderathome
{quote} GJ Short Trade: Added short trades #10 and #11, Scouts. M1 PVSRA shows just at the USD releases the MMs started running the price up thru the 1/2SR, with more activity the higher the price went, indicating the MMs are bulls seeking higher prices to add shorts. They added. I added. Adjusted TP. {image} {image}
Sorry TAH, did you mean the BEARS MM seeking higher prices to add shorts?
  • #51,634
  • Jun 20, 2013 9:50am Jun 20, 2013 9:50am
Quoting futurespeter
{quote} traderathome, your adding trades does raise the leverage, I understand that and this does make sense. Because you are adding many trades in the same price region the effect is not much different than martingale strategies. Do you agree? Regards futurespeter
futurespeter,

I'd have to read up and know more about martingale strategies in order to answer that. It happened today that additions were concentrated, but that does not always happen. It depends on the steps the MMs make. In this case the MMs quickly ran the price up and by the time I was back at the computer the price was already in the high region. Othewise, I might have added at lower steps too. Getting better at taking advantage of the price moves when the MMs move the price to take advantage of us I think means spacing the entries out, and not wasting bullets in a tight area. At least not until it appears the price has made the "limit", which of course we can never know, only guess at.

One ultimate safeguard is in trading very light relative to account size. That way there is never pressure to be exacting with entries, and you can always toss in a few extra ones here and there if you want to. The Trade Levels indy has been set for up to 20 such trade components. Frequenly I have less then 10, but as my posts show, there are times I will add more. The nice thing is that when adding, I know my disciplined limit for adding and most of the time I am well within that limit and not flustered when price moves more because I can take advantage more.

Another ultimate safeguard is, of course, that additions are only made if PVSRA continues to indicate the MMs remain what they were.
  • #51,635
  • Jun 20, 2013 9:50am Jun 20, 2013 9:50am
Quoting traderathome
{quote} jmn, I'm not sure of your meaning. If you refer to me, my indicators contributed both on the THV and the Sonic R. System threads have always been released as open .mq4 code files, for any and all to freely use. And major contributors to some of the indicators fully supported doing that. If you are interested, the latest upgrades are in post#1, link #1 to TAH......, and I anticipate another upgrade release very soon, which will then replace what is found thru that link. -tah
Apparently, if one uses TRO indies, it could get you into trouble. A lot of my chart uses those indies. You are fine, tah. I just do not want to pollute this thread in any way. So whatever I need to do find conformity I will do for this particular thread.
If you are good at something, never do it for free--Joker
  • #51,636
  • Jun 20, 2013 9:56am Jun 20, 2013 9:56am
Quoting Cheng
{quote} Sorry TAH, did you mean the BEARS MM seeking higher prices to add shorts?
My error. I meant the MMs are bears seeking higher prices to add shorts. Thanks for catching that in time for me to correct the post.
  • #51,637
  • Jun 20, 2013 10:14am Jun 20, 2013 10:14am
EJ long


Regards,

H.
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"The future is already written in the past"
  • #51,638
  • Edited 12:15pm Jun 20, 2013 10:21am | Edited 12:15pm
Quoting jmn5611
{quote} Apparently, if one uses TRO indies, it could get you into trouble. A lot of my chart uses those indies. You are fine, tah. I just do not want to pollute this thread in any way. So whatever I need to do find conformity I will do for this particular thread.
I thank you, and other Sonicers thank you, for your consideration.

Permit me, though, to comment on TRO. I might or might not have seen the latest code, but the concept is to create a constantly adjusting H/L lines band based on the average trading range. The coding I have seen is what is referred to as "repainting". At each tick, the placement of lines at all chart bars is re-determined thru a smoothing averaging process of the H/L line values at all bars. However, during the smoothing averaging process the H/L values of each previous bar are recalculated. This is computer intensive, and for what? To have historical lines updated to look prettier based on what is happening on the current bar? The important thing is what price levels loom ahead as likely levels the price might reach.

The eye can look at the TRO lines and project, which is I guess the whole point of it. On the other hand, historically we know the price is going to land at or near whole and half numbers practically every time. No repainting required! Cleaner chart!

Which levels? Referencing the RDH/RDL and the RWH and RWL are there to help. When price nears a TRO line, will price reverse or go thru and force the line to change? Nobody knows. On the other hand, we can know if the MMs are bulls or bears, and not be at all concerned about this. Just play our play until the price finally lands at that whole or half number level area the MMs will ultimately use to go into ranging/consolidation for another drive or for a reversal.

As an example, look at M15 EJ. Half number area to half number area, 200 pips apart.

Now look at H1 EJ. This pair has a range about 230 pips, which takes price down to the whole number area boxed tomorrow. Half number area to whole number area, 250 pips apart. Will price go down, not up? PVSRA indicates the MMs are bears, but when they decide start moving prices back down is up to them. If the MMs do move the price down tomorrow, will it go to that lower whole number area? Maybe, maybe not. Maybe to the next higher half number area. The point is we cannot know such things, using Levels or TRO. It is just that Levels is faster, is cleaner and Levels tend to always be the prime target areas. And perhaps most importantly, by using Levels you further your understanding of how the market works, because that is what the market uses.
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  • #51,639
  • Jun 20, 2013 10:59am Jun 20, 2013 10:59am
Quoting traderathome
{quote} My error. I meant the MMs are bears seeking higher prices to add shorts. Thanks for catching that in time for me to correct the post.
hi,
your setup is really nice, i think its a good trend-following system. i am curious about your "MMs", and not sure how you interpret the PVSRA, could you direct me to a post for clarification? personally, i think buying above the dragon and selling below it might be enough, and i prefer setups that match prevailing fundamentals. i am currently short the usd, so i can understand shorting the yen pairs..can you direct me to a post explaining the PVSRA? thanks.
It is possible to make large sums trading, small losses, large wins
  • #51,640
  • Edited 1:26pm Jun 20, 2013 11:09am | Edited 1:26pm
Quoting hansma
EJ long Regards, H. {image}

Running nicely - gone to be +

Edit - closed at 129.70

H.
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"The future is already written in the past"
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