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Sonic R. System

  • #52,381
  • Jul 2, 2013 3:16pm Jul 2, 2013 3:16pm
Quoting traderathome
{quote} We know what "volume" is. We know the "volume" we see is just that on the broker's server. We know it is just a count of trades, not trade sizes. We know all of that already. And sure, some clients of a broker might have contrarian trading methods. It matters not..... I post my performance based on PVSRA (http://www.forexfactory.com/showthre...11#post6785011). You post yours, based on whatever. Let's see which is better. -tah
Can i also know maximum drawdown for those trades in % of account and leverage for those trades?
Maximal loss for open positions where price wasnt moving in your direction?
Btw i didnt say im better trader than you or that your system sucks.
Just trying to find out is this system is really EV +.
  • #52,382
  • Jul 2, 2013 3:52pm Jul 2, 2013 3:52pm
Quoting traderathome
{quote} UJ Short Trade: Added short #6, Scout. Same reason. US MMs are stepping up prices in search of liquidity to get their short orders executed. Adjusted TP. {image}
Prof, is this still your take? The daily trend is certainly up...

Granted that PVSRA may indicate MM bears one it be more advisable to go with their flow until they make their move down?
  • #52,383
  • Jul 2, 2013 4:00pm Jul 2, 2013 4:00pm
Quoting figgsey
{quote} Prof, is this still your take? The daily trend is certainly up... Granted that PVSRA may indicate MM bears one it be more advisable to go with their flow until they make their move down?
Many others already said the same...
Newbie trader
  • #52,384
  • Jul 2, 2013 5:11pm Jul 2, 2013 5:11pm
Quoting futurespeter
Long EURUSD with 4 levels. PVSRA shows greedy MM's are bulls, NY MM's did do same as Londodn MM's, buy low and sell high. {image} {image}

EURUSD added scout#5 long trade, adjusted TP

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  • #52,385
  • Jul 2, 2013 5:20pm Jul 2, 2013 5:20pm
Quoting futurespeter
GBPJPY short. Actual 4 short level trades open, MM's pumping price above full number (152.000) with heavy volume, PVSRA indicates MM's are bears and selling high. {image}

GBPJPY added scout#6+7 short trades, adjusted TP.

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  • #52,386
  • Jul 2, 2013 5:26pm Jul 2, 2013 5:26pm
Quoting futurespeter
AUDUSD long trade. Same situation as EU and GU, MM's pumping price down for only one reason: buying low as PVSRA unambiguous shows. {image}

AUDUSD added scout#3 long trade, adjusted TP.

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  • #52,387
  • Jul 2, 2013 5:32pm Jul 2, 2013 5:32pm
Quoting futurespeter
USDJPY short. Actual 4 short level trades open, same situation as GJ, NY MM's did pump price above full- and 1/4 quarter number which indicates they are bears. {image} This pump (same as GJ) was intensive and I expect more up pumps caused by the bearish MM's.

USDJPY added scout#5+6 short trades, adjusted TP.

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  • #52,388
  • Jul 2, 2013 7:10pm Jul 2, 2013 7:10pm
How many lots u use guys to cover the drawdowns? 0.1 lots per 10k account? 0.01?

Thank you...
  • #52,389
  • Jul 2, 2013 7:13pm Jul 2, 2013 7:13pm
Quoting traderathome
{quote} Better SonicR Trade Levels indicator soon, in next upgrade. You'll love it! {image} {image}
I thought that was your platform doing that. That is an indicator. Is it available for release, or this a beta we are looking at? As far as the next upgrade, when is that?

As far as PVRSA goes, it's hard to argue the logic behind it. I do like the concept. For me, you are showing there are more than a couple of ways to grow a garden. The fact that you have turned this thread into a newsletter of sorts also gives some interesting reading.

As far as drilling down to get the true PVRSA picture, is M1 the best place to hang out? I do see the patterns that you are describing. I would imagine that TF will not matter as long as we keep the chart tight enuf to see the bigger picture.

Forgive the blizzard of questions.

Best
Joe
If you are good at something, never do it for free--Joker
  • #52,390
  • Jul 2, 2013 7:52pm Jul 2, 2013 7:52pm
One more thing, tah.

The only reason I even began to question you about PVRSA is because there is the implication that your system is an adjunct to SonicR, when it is actually a completely different system. Three notable things that make this system not SonicR is that you average down, you trade more than 5 times a week, and you do not use stops.

I think PVRSA should be acknowledged as something quite different than SonicR.

I plan to try them both. As another poster also stated, it paints a more complete picture when you include your open positions along with your closed winners.

I think the tool u guys are using on your charts is innovative, and I would like to try it, if I may.
If you are good at something, never do it for free--Joker
  • #52,391
  • Jul 2, 2013 7:57pm Jul 2, 2013 7:57pm
Quoting jmn5611
One more thing, tah. The only reason I even began to question you about PVRSA is because there is the implication that your system is an adjunct to SonicR, when it is actually a completely different system. Three notable things that make this system not SonicR is that you average down, you trade more than 5 times a week, and you do not use stops. I think PVRSA should be acknowledged as something quite different than SonicR. I plan to try them both. As another poster also stated, it paints a more complete picture when you include your open positions...

Mate you are going to lose that argument!
There is no spoon....
  • #52,392
  • Jul 2, 2013 8:04pm Jul 2, 2013 8:04pm
It has nothing to do with an argument. It has to do with the rules posted on page one of the thread. If it is an argument, is an argument with their own playbook.

Sonic Rules.

1. Do not Over trade big or trade during Asian Session.. Most of the best Set Up or Proper trend occur at/after London Opens. You shouldn't trade more than 5 trades a week..

2. Never add a losing positions aka average your positions.

3. You SL must wide enough to for the price to breath.. If you put it too tight, the chance of getting your SL hit is very high even though the price goes to direction that you wanted eventually.

4. We have 2 types of trade entries, Classic Sonic R. and Sonic Scout (TAH call it PVSRA).

The scout trade on page one is clearly WITH trend. Of course we are now on page 2620.
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If you are good at something, never do it for free--Joker
  • #52,393
  • Edited 9:18pm Jul 2, 2013 8:42pm | Edited 9:18pm
jmn,

1. The next Trade Levels indicator is in final testing, and seems fine. It will be in next release, likely this month, not sure because I have to spend so much time answering questions.

2. Regarding PVSRA, M1 is perhaps the most important of all TFs in the multi-TF analysis because it shows what the MMs are currently doing, real time.

3. PVSRA is not a separate system. It is an analysis! It can be applied to Classics and Scouts. Just this week I started a perfectly good EU Classic trade, which ran about 40 pips before collapsing. I had the traders option to close for some profit, or to hang in. I did not know the price was in the process of collapsing when I decided to hang in. My decision to stay with the trade was based on the only thing I could know, that the MMs were still bulls. And now the price has gone below the lows that preceded the Classic long setup, but I have built a long position for the next swing up. PVSRA still indicates the MMs are bulls. Some might have closed the Classic for some pips gained after the price started dropping. I did not. That is a matter of choice, not a matter of a different trading system. For all anyone could have known when the price started dropping, the price might have stopped dropping and soared even higher! The trade was a Classic. PVSRA said the MMs were bulls at the time. PVSRA continues to indicate the MMs are bulls. So, should I enter a valid Classic and then willy nilly get out, get up, get down, get gone, ......all based on guessing what the price might do next? Or, should I stay with the only valid piece of information I have,....that PVSRA gives me,.....that the MMs are bulls and so long as I stay with them they will carry me to The Harvest? I have long since been disgusted by being in perfectly good Classic trades that "go bad", that even stop folks out, and then suddenly "turn good" and go on to make the MMs profits, but not the Sonicers that got stopped out. Classic is a "setup" of presumed "momentum", but perfectly good setups can still quickly go bad. Why? For no reason than the MMs have their schemes and they carry their schemes out regardless of what is on the charts. More Classics than we know are truly valid indications of the intent of MMs, however, the MMs price manipulations will kill the Classic, steal money from Classic traders, and then go on to complete the trade! The MMs price manipulations will not kill the ability of PVSRA so see thru their shit, expose them, and thereby help a trader to stay on the right track thru all the bullshit the MMs pull!

4. You know what? I don't really care if folks want to call PVSRA a different trading method instead of an analysis, which is all it is. They can do what they like. My time is better spend trading, using PVSRA as my market analysis, than in trying to press my logic with others. Others, that don't see it my way, can continue to just trade Classics without PVSRA, and get bounced to hell and back in and out of them by the MMs who rack up SLs. These traders will continue to struggle because they become as manipulated by the MMs as the forex prices are! When you are up against an opponent, don't let the opponent suck you in to fighting his game! I am done with that sort of thing. I always trade now with PVSRA as my only reliable analysis. This works better than anything I have seen in all my years of trading. Some entries qualify for Classics, but most are Scouts. I choose to use no SL and instead to jump on the backs of the MMs and let them carry me to where I need to plant my seeds, and let them carry me to Harvest Time. I no longer fight my opponent. I use him!
  • #52,394
  • Jul 2, 2013 8:44pm Jul 2, 2013 8:44pm
AUD/USD analysis

This is my first attempt. If i'm wrong please let me know and correct me. Must say after spending the past few days studying this is by far the most adaptable and effective system out there but most importantly the help by TAH is phenomenal to say the least!
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  • #52,395
  • Jul 2, 2013 9:12pm Jul 2, 2013 9:12pm
Quoting traderathome
jmn, 1. The next Trade Levels indicator is in final testing, and seems fine. It will be in next release, likely this month, not sure because I have to spend so much time answering questions. 2. Regarding PVSRA, M1 is perhaps the most important of all TFs in the multi-TF analysis because it shows what the MMs are currently doing, real time. 3. PVSRA is not a separate system. It is an analysis! It can be applied to Classics and Scouts. Just this week I started a perfectly good EU Classic trade, which ran about 40 pips before collapsing. I had...
That's fair enuf. I am done with the issue. If it works for some it works for some. I am open minded enuf to try it out. Nothing to lose for me but a little time. I am looking forward to the next release. The skill set that you bring to the table is very interesting, and the argument I was making is ultimately a philosophical one.

Moving On and Looking forward.

I for one will quit raising my hand so you can get some work done!
If you are good at something, never do it for free--Joker
  • #52,396
  • Edited 9:56pm Jul 2, 2013 9:29pm | Edited 9:56pm
Hi there

I'm thinking over the 'when-to-enter issue' in relation to which phase the MM"s are in; the 'building' phase, or the 'run for profits' phase.
Could anyone offer some input, comment, challenge or guidance on this issue please?


The Debate

After applying PVSRA, it is better to enter during the 'building phase' rather than the 'run for profits' stage.

Some propositions:

'Building' Phase

- When PVSRA indicates the MM's are Bears building positions:
PA has not fallen through 'hourly time-frame' Support & retested as Resistance
Dragon pointing up
High V at highs
PA > Dragon
PA > Trend

- When PVSRA indicates the MM's are Bulls building positions:
PA has not risen through 'hourly time-frame' Resistance & retested as Support
Dragon pointing down
High V at lows
PA < Dragon
PA < Trend


'Run for Profits' Phase

- When PVSRA indicates the MM's are Bears 'running for profits':
PA fails to make a HH & HL
PA has fallen through 'hourly time-frame' Support & retested as Resistance
PA creates emotion, drama & change to expectations
Dragon pointing down
PA < Dragon
PA < Trend
The appearance of wide range bars (WRB’s) wiping out an ‘ordered rise’ of PA

- When PVSRA indicates the MM's are Bulls ' running for profits':
PA fails to make a LL & LH
PA has risen through 'hourly time-frame' Resistance & retested as Support
PA creates emotion, drama & change to expectationsDragon pointing up
PA > Dragon
PA > Trend
The appearance of wide range bars (WRB’s) wiping out an ‘ordered fall’ of PA


The issues I'm trying to think through:

- When to enter… in relation to which phase we're in?
Yes… PVSRA-ers in a building phase do it ‘slow & easy’… It can mean significant drawdown (DD), so enter multiple, small lot sizes.
Yes… Those who enter from S&R during a building phase, minimise DD, and need to enter multiple, small lot sizes
Yes… PVSRA-ers in a ‘run for profits’ phase do harvest their build…
Yes… Those who enter from S&R during a ‘run for profits’ phase, harvest only if they’re 'in the market, in the right direction', reaping profits when MM’s start to reap theirs…

Do we need to enter during the ‘building phase’, or can we enter from tests or retests of breaking S&R when MM’s are ‘running for profits’? Either way will be fine, with their inherent benefits & limitations. However…

How can we see the ‘run for profits’ has started?
What tells us that 'running for profits' is what the MM’s are doing?
What gives it away?


regards
Steve
(sticking to rule #2 - don't waste posting space!, rule #1 below)
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  • #52,397
  • Jul 2, 2013 9:32pm Jul 2, 2013 9:32pm
AJ:

PVSRA's perfect picture of a bear.
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  • #52,398
  • Jul 2, 2013 9:36pm Jul 2, 2013 9:36pm
Quoting marvas
AUD/USD analysis This is my first attempt. If i'm wrong please let me know and correct me. Must say after spending the past few days studying this is by far the most adaptable and effective system out there but most importantly the help by TAH is phenomenal to say the least! {image}
Perfecto! Bulls! ....and maybe Harvest Time is coming up!
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  • #52,399
  • Jul 2, 2013 9:46pm Jul 2, 2013 9:46pm
Quoting stevebrown
Hi there I'm thinking over the 'when-to-enter issue' in relation to which phase the MM"s are in; the 'building' phase, or the 'run for profits' phase. Could anyone offer some input, comment, challenge or guidance on this issue please? The Debate After applying PVSRA, it is better to enter during the 'building phase' rather than the 'run for profits' stage. Some propositions: 'Building' Phase - When PVSRA indicates the MM's are Bears building positions: PA has not fallen through 'hourly time-frame' Support & retested as Resistance Dragon pointing...
Rule #1.....No pic., no post!
Rule #2.....Don't waste space!

Nice summary. Folks will absorb better if you eliminate all the spaces. Please edit to do so because the way it is now is actually obnoxious, and therefore likely many others will not bother with it.

Only other comments I have are that the "building" phase itself can involve ups and downs, but is a "relaxed" phase. The "run for profits" phase can also involve ups and downs, but it can also be a very quick phase, or at least start out that way. So, by waiting for the "run for profits" phase, if it turns out as a quickie, or even if it just starts as a quickly moving one, then the trader is going to miss out on excellent entry levels. This is why I like the "building" phase to build. Personally, I think that is when the MMs do most of their building also.
  • #52,400
  • Edited Jul 3, 2013 2:13am Jul 2, 2013 10:12pm | Edited Jul 3, 2013 2:13am
Quoting traderathome
{quote} AU Long Trade: Added long #3, Scout. US open MMs wacking price for better longing. Highest volumes as lowest prices. {image}
AU Long Trade:

Added longs #4 thru #15, Scouts. These were added as the market "responded" to the AUD high impact release, shortly after the release and even later. The MMs knocked the price down, but PVSRA was indicating the MMs were bulls while they did so. AU is at significant lows (see Week chart), so my subjective take on this price action is the MMs are extreme bulls and continue to press the price down to load longs ahead of a planned big move upwards. Adjusted TP.

We can know if the MMs are bulls or bears, but we can never know when they will reverse price. This is an example of why we need to plant small seeds, and be able to take advantage of each new planting opportunity. Was the price going down to the lower whole number? Maybe "yes", maybe "no". It is not "relaxed" trading when you have to decide something like this while price is on-the-run. To plant, or to wait? Is is much more relaxed to know you can simple plant, plant, plant away! In other situations, keeping the plantings well spaced is advisable. I have explained the uniqueness of this situation, though, and it is why I ignored doing so this time.
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