Sonic R. System | Page 2587 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Sonic R.evolution 95 replies

The System Behind the System, by Merlin Jeffries 16 replies

Old School Sonic System + Other Things 11 replies

Knife system, Vegas 4h system related questions. 4 replies

Would you trade this system? New system #2. 10 replies

Attachments: Sonic R. System
Exit Attachments

Sonic R. System

  • #51,721
  • Jun 21, 2013 11:33am Jun 21, 2013 11:33am
Quoting traderathome
{quote} stt, I am not sure if you were soliciting a reply just from Tymedu or from anyone. If I overstep, then just ignore this. You posed the question, "....should the best action be close all trades immediately, look for PVSRA to see if MM changed views....", meaning close trades before major releases and after the release look to PVSRA to see if the MMs changed views. If this is indeed a question you have, then consider this. Insider trading is perfectly legal and quite common in the Forex market. Do you really believe the well monied MMs don't...
Exactly. If I didn't plan my trade so badly, my reaction would see to add more scouts if I see the MM's keep being bears. But due my poor management, I couldn't do it. That's why I said I had luck.

This time I had luck, next time it could blow up my account easily. So I won't let that happen again.
To fail is just an opportunity to learn
  • #51,722
  • Jun 21, 2013 11:48am Jun 21, 2013 11:48am
Quoting VanDerTroll
{quote} Of course it's speculative TAH, but a fellow trader's more experienced eye can't do any harm. By the way this week has been ridiculously easy to take profit from the PVSRA trades. Good work everyone, I can't believe how many things I've learned.
If you don't mind entering short with the realization more upside could come later, or next week to also take advantage of. Obviously some MMs are.

Edit: The bear MMs have the price entrenched now above the whole number and are taking advantage, and also bumping the price to sponge up whatever useable liquidity they find. There is no telling how high they might bump in their quest to suck up liquidity to get their short orders filled. I'd look for a truely strong activity bar to mark the completion, whether an entry has already been made or not (pic.2)
Attached Image(s) (click to enlarge)
Click to Enlarge Name: june 2013 - 272.png Size: 33 KB
Click to Enlarge Name: june 2013 - 273.png Size: 33 KB
  • #51,723
  • Jun 21, 2013 11:49am Jun 21, 2013 11:49am
Quoting traderathome
{quote} stt, I am not sure if you were soliciting a reply just from Tymedu or from anyone. If I overstep, then just ignore this. You posed the question, "....should the best action be close all trades immediately, look for PVSRA to see if MM changed views....", meaning close trades before major releases and after the release look to PVSRA to see if the MMs changed views. If this is indeed a question you have, then consider this. Insider trading is perfectly legal and quite common in the Forex market. Do you really believe the well monied MMs don't...

Thank you TAH (i feel priviledged to get a reply from the Prof himself on my question). I agree many times news seem to create opportunity for MM/SM to get better entries.

However I also think not all MM/SM are always in sync in terms of the direction they want the prices to go. This does create a situation where some MM/SM are found with their *pants* down on major news releases (happens more when there is a surprise element in news). I do know big bankers meet with Fed officials (even ben) privately to get a sense of which direction they are leaning. Know a person at fed who talks to all banks and solicit their input to give color to Fed's executive committee. So it is always a two way game (MM/SM giving color to fed that may make fed do things that will benefit them and getting some info from fed to adjust their positions).

Hence I asked the question. Sorry for my bad wording but i meant to ask if fed announced delay in taper (which would have almost certainly moved USD 100-200 pips lower fast), then what would have been the best course of action:

1. liquidate as soon as you heard fed is postponing taper till 2015 OR
2. wait till PVSRA start indicating that MM/SM are also selling USD now (before they seem to have been buyers of USD) OR
3. something else

I guess this also touches on how much loss taking capacity one should have in their portfolio when trading in this style. It certainly doesn't feel right that one should have less than 300 pips buffer (on all your positions - so if you have 20 parts total then have room to take 6000 pips loss without blowing up).

In any case I thank you for your amazing leadership here to develop and teach this amazing analysis method.
Think : Trade : Live Life
  • #51,724
  • Jun 21, 2013 11:54am Jun 21, 2013 11:54am
I see significant upward movement in GU, EJ and AU pairs (all bearish) without any real level of volume. Most probably MM's positioning themselves for short runs next week?We'll see.
  • #51,725
  • Edited 12:18pm Jun 21, 2013 12:01pm | Edited 12:18pm
Quoting traderathome
{quote} If you don't mind entering short with the realization more upside could come later, or next week to also take advantage of. Obviously some MMs are. Edit: The bear MMs have the price entrenched now above the whole number and are taking advantage, and also bumping the price to sponge up whatever useable liquidity they find. There is no telling how high they might bump in their quest to suck up liquidity to get their short orders filled. I'd look for a truely strong activity bar to mark the completion, whether an entry has already been made...
The end of the bumping for liquidy might be near....., a final high activity bar coming? If I were building short, I'd probably already have two components added, one around the whole number (not knowing if it would go higher) and another around here, above the 1/4SR, for the same reason,....small bullets fired in the area of key levels. If the MMs get it up to the area of the 1/2SR, I'd fire another bullet. Remember, exactness is not necessay. This is a very relaxed manner of trading. We don't have to plant the seeds exactly so many inches, feet apart. Just get 'em into the ground reasonably spaced, being sure you don't go thru your bag of seeds too quickly.

Edit: Bingo! 1/2SR and a 3rd bullet fired were I doing this (pic. 2). End for today would be next, as I suspect this is it, though only an assumption.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: june 2013 - 274.png Size: 33 KB
Click to Enlarge Name: june 2013 - 275.png Size: 33 KB
  • #51,726
  • Jun 21, 2013 12:04pm Jun 21, 2013 12:04pm
TAH mby this is newbie question but if on H4 i see downward trend but in H1 see upward what can I trade? Short or Long? Mean what is priority H4>H1 or H1>H4? First of all me need learn clear PA for good understanding Price. Then imho will be better for understand complex PVSRA system. Sorry for off topic.

My one of good trade.
Attached Image (click to enlarge)
Click to Enlarge Name: usdjpym1.png Size: 48 KB
  • #51,727
  • Edited 12:44pm Jun 21, 2013 12:23pm | Edited 12:44pm
Quoting konick
TAH mby this is newbie question but if on H4 i see downward trend but in H1 see upward what can I trade? Short or Long? Mean what is priority H4>H1 or H1>H4? First of all me need learn clear PA for good understanding Price. Then imho will be better for understand complex PVSRA system. Sorry for off topic. My one of good trade. {image}
Sure, there are often trends within trends. This is why we use the Dragon with the Classic trade. Where is your Dragon? Now, sometimes there is a Classic setup for the direction that is opposite what PVSRA indicates the MMs are (bulls or bears). Still, the setup could turn out ok, but safer is to wait for a Classic setup in accordance with the direction PVSRA indicates.

If you are trying to trade Scouts using PVSRA, we just had a perfect example posted.

You can see that Classic traders, on the presumption the Bear MMs might hike price to add shorts, could have made a Classic counter-trend long trade while those trading Scouts, adding at key levels when the bear MMs added to their short positions, could have built up a 3-position short trade so far. The long trade is overwith. The short trade has the probability of being for longer, but going much further.

Non-USA traders that can hedge could have had both trades running. USA traders, unless they have multiple accounts, had to decide which trade to take, the counter-trend Classic trade, or building with the MMs using Scout trades. Obviously, there is overall less risk by trading along with the MMs, although the time to profit can be much, much longer.
Attached Image (click to enlarge)
Click to Enlarge Name: june 2013 - 276.png Size: 41 KB
  • #51,728
  • Jun 21, 2013 12:30pm Jun 21, 2013 12:30pm
Quoting konick
TAH mby this is newbie question but if on H4 i see downward trend but in H1 see upward what can I trade? Short or Long? Mean what is priority H4>H1 or H1>H4? First of all me need learn clear PA for good understanding Price. Then imho will be better for understand complex PVSRA system. Sorry for off topic. My one of good trade. {image}
look now on EURUSD you have now classic sonic going well with PVRSA
  • #51,729
  • Jun 21, 2013 12:38pm Jun 21, 2013 12:38pm
Okey thanks for answer! A long way from me to be good trader but I'm trying. I see little Sonic Classic signals so i try use PVSRA , sometimes take TP sometimes SL. The most incomprehensible for me is "they are bears or bulls" Sometimes I see clean signal bull or bears but sometimes is complicated. Topic have 2,5k pages but in which page u start show PVSRA? Sorry for my english as always.

Updating screen USD/JPY
Attached Image (click to enlarge)
Click to Enlarge Name: usdjpym1.png Size: 56 KB
  • #51,730
  • Jun 21, 2013 12:40pm Jun 21, 2013 12:40pm
Does anyone know a better way for taking chart pictures than print screen? #newbieQuestion
  • #51,731
  • Jun 21, 2013 12:45pm Jun 21, 2013 12:45pm
GU:

Pullback in process. Normal thing for an off-hours Friday. Let's try some Fibos to determine their possible target. They love to make pullbacks to the 50-61.8 zone.

This would be a short term pullback. If they are looking for a deeper pump, we have to start to pay attention to the 1h dragon and EMA.
Attached Image (click to enlarge)
Click to Enlarge Name: PUMP.png Size: 61 KB
To fail is just an opportunity to learn
  • #51,732
  • Jun 21, 2013 12:49pm Jun 21, 2013 12:49pm
Quoting konick
Okey thanks for answer! A long way from me to be good trader but I'm trying. I see little Sonic Classic signals so i try use PVSRA , sometimes take TP sometimes SL. The most incomprehensible for me is "they are bears or bulls" Sometimes I see clean signal bull or bears but sometimes is complicated. Topic have 2,5k pages but in which page u start show PVSRA? Sorry for my english as always. Updating screen USD/JPY {image}
Use the TAH templates without screwing around with them. You cannot pick and choose which indicators you want and add them indiscriminately to a different template. If you try, and don't fully understand what you are dealing with, you will get the totally unacceptable results shown.
Attached Image (click to enlarge)
Click to Enlarge Name: usdjpym1.png Size: 56 KB
  • #51,733
  • Edited 1:20pm Jun 21, 2013 12:53pm | Edited 1:20pm
Quoting VanDerTroll
Does anyone know a better way for taking chart pictures than print screen? #newbieQuestion
Yes, MT4 has it built in. On the MT4 top banner......File/Save as Picture/choose which of the three choices, usually #1......save to a file, any file you wish. I create a "Screenshots" file on my desktop to place the pictures into. Then, when posting goto that file and select the picture to add to your post. Saves you from having to add additional software to burden your system down.
  • #51,734
  • Jun 21, 2013 12:55pm Jun 21, 2013 12:55pm
Quoting VanDerTroll
Does anyone know a better way for taking chart pictures than print screen? #newbieQuestion
Try Gadwin Printscreen
Posting Demo charts, mirroring some of them live.
  • #51,735
  • Edited 1:29pm Jun 21, 2013 12:56pm | Edited 1:29pm
Quoting Tymedu
GU: Pullback in process. Normal thing for an off-hours Friday. Let's try some Fibos to determine their possible target. They love to make pullbacks to the 50-61.8 zone. This would be a short term pullback. If they are looking for a deeper pump, we have to start to pay attention to the 1h dragon and EMA. {image}
SonicR Control Panel Levels Feature

Tymedu,

Place your fibo from top to bot for today, and see the MMs have pulled the price up to between the 50%-62% levels. The 1/2SR Level is the key. It is the center of all the price oscillations at yesterday's lows. No matter how price moves, no matter where the MMs take prices, no matter what forex pair is involved,.....price always arrives and finds equilibrium at a whole or half number SR area! The keyword is "area". The MMs hardly make this so obvious by always landing the price exactly at, or ranging exactly about a whole or half number. But those are their "generic" target areas, always.

This is the reason Levels is in the Control Panel indicator. Levels represents the universal S&R used by the "market", and yes, can include the 1/4 and 3/4 Levels. This can often be disguised by price movements shy of, or past these levels, nevertheless they are the most important levels/S&R of all! It is also why when MMs move price to/thru such levels and follow up with higher activity, we get the clearest PVSRA indications.
Attached Image (click to enlarge)
Click to Enlarge Name: june 2013 - 277.png Size: 38 KB
  • #51,736
  • Jun 21, 2013 12:59pm Jun 21, 2013 12:59pm
Couldn't resist after all. I added two short orders for Monday.
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusdmicrom15.png Size: 49 KB
  • #51,737
  • Jun 21, 2013 1:00pm Jun 21, 2013 1:00pm
Started this demo account with 10k. Followed all TAH advices with PVRSA plus making some of my own. first 50k was with 0.1 lot, then next 70 with 1-5 lots. Now trading 10 lots per bullet.

2 month 4400% from initial deposit. PVRSA works.

http://gyazo.com/1b158113f04c549b1a2a62b6c52e483f

Thank you TAH - you are a holy grail.
There is no spoon....
  • #51,738
  • Jun 21, 2013 1:06pm Jun 21, 2013 1:06pm
Quoting jmn5611
{quote} on a practical level, if this triple top breaks, would be long until DR2? How would you play it?
it was bears all this time and even if it did shoot up i would have added more shorts.
Price Is The Best Indicator Itself.
  • #51,739
  • Jun 21, 2013 1:29pm Jun 21, 2013 1:29pm
Hello,
i'm reading AU activity under full number as bulls loading.
anyone agree? am i reading this right?
thanks for imput.
Regards,
Attached Image (click to enlarge)
Click to Enlarge Name: aum15.jpg Size: 187 KB
If you don't know how to earn money, don't loose it.
  • #51,740
  • Jun 21, 2013 1:34pm Jun 21, 2013 1:34pm
Hi to all. Closed
4 scouts Gbp/Usd - 701 pips = 2 accounts = 1.402 pips, and closed
5 scouts Eur/Usd - 1.503 pips = 3 accounts = 4.509 pips.
Nice weekend.
Attached Image (click to enlarge)
Click to Enlarge Name: GbpUsd_30_real.png Size: 129 KB

Attached Image (click to enlarge)
Click to Enlarge Name: EurUsd_15_real.png Size: 127 KB
If you think you can do a thing or think you can't do a thing, you're right
24 traders viewing now