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Sonic R. System

  • #52,701
  • Jul 5, 2013 3:21am Jul 5, 2013 3:21am
Quoting Islander
Guys its important to consider more than one point of view. My earlier post shows my view of what MAY BE happening because of the change of stance of the BOE.......BUT we will only know IF this correct WHEN CONFIRMED BY THE PRICE ACTION. OK, so my London Session swing trade in Cable has now been closed as has my € short when price failed to break yesterday's low, so only 10 pips from that trade. Now I'm finished for the morning and will be back to watch the NFP with interest... {image}

This should be the spirit in this thread: not only posting the successfull stories but the bads too. correcting wrong points of view as events happen.
Thanks Islander for your honesty.
My mother language is Spanish, so, please, be patient with me.
  • #52,702
  • Jul 5, 2013 3:25am Jul 5, 2013 3:25am
Quoting Tymedu
{quote} Then why the f*** are you acting like a drama queen?
Tymedu, you are wrong. It is not my style. I'm trying to be a joker but you are not understanding. Yesterday someone said that nobody here posts his unsuccessfull trades because of the ego, Do you remember who was?..I did it today in order to animate the folks. You shouldn't see in my words nothing more than it.
Come on, let's be friends.
My mother language is Spanish, so, please, be patient with me.
  • #52,703
  • Jul 5, 2013 3:27am Jul 5, 2013 3:27am
Quoting futurespeter
{quote} EURUSD long trade Added scout long #17, TP adjusted 1 min chart (not attached) shows higher volume at the price lows which indicates the MM's are still bulls, they are buying the lows. {image}
Based on my experience, I can tell you should be more careful about the scouts amount. You have 17 orders in a 150 pips range. What would you do if price goes to 1.27? 40 scouts? Try to space them a little bit more, it's a common mistake in 'newbies'. Just a tip

Edit: @Banteka. My bad then, I didn't get the joke, sorry for that.

Best, Tymedu.
To fail is just an opportunity to learn
  • #52,704
  • Jul 5, 2013 3:33am Jul 5, 2013 3:33am
Quoting Tymedu
{quote} Based on my experience, I can tell you should be more careful about the scouts amount. You have 17 orders in a 150 pips range. What would you do if price goes to 1.27? 40 scouts? Try to space them a little bit more, it's a common mistake in 'newbies'. Just a tip Edit: @Banteka. My bad then, I didn't get the joke, sorry for that. Best, Tymedu.

Yes, it is a compromise between spacing and lowering the average price. For sure I will follow the MM's actions, nobody knows when they will turn.
  • #52,705
  • Jul 5, 2013 4:10am Jul 5, 2013 4:10am
Quoting banteka
{quote} Tymedu, you are wrong. It is not my style. I'm trying to be a joker but you are not understanding. Yesterday someone said that nobody here posts his unsuccessfull trades because of the ego, Do you remember who was?..I did it today in order to animate the folks. You shouldn't see in my words nothing more than it. Come on, let's be friends.
Still happy to see your all cable positions when it goes to 1.40
Oh but it really doesnt matter cause you can risk 20000 pips to gain 700 on correction thats pure awesomness
  • #52,706
  • Jul 5, 2013 4:29am Jul 5, 2013 4:29am
Quoting kaczor
{quote} Still happy to see your all cable positions when it goes to 1.40 Oh but it really doesnt matter cause you can risk 20000 pips to gain 700 on correction thats pure awesomness
kaczor

Are you really sure that it could reach 1.40?
  • #52,707
  • Jul 5, 2013 4:34am Jul 5, 2013 4:34am
Quoting kaczor
{quote} Still happy to see your all cable positions when it goes to 1.40 Oh but it really doesnt matter cause you can risk 20000 pips to gain 700 on correction thats pure awesomness

  1. If you are happy to see other guys in the forum losing money, you really have a mental problem
  2. You have to be really innocent if you think GU will reach 1.40 without a simple pullback
  3. 10th post and not even one saying something productive to the thread

You can share your opinions, you can agree or disagree with this trading style, but c'mon, being happy to see other people losing money? You remind me Markus, last month troll. Where is he now? Where is now his EU 1.37 estimation for the early July?

Anyway, take a look to this article by Daniel Lacalle, really worth:

http://energyandmoney.blogspot.com.es/2013/07/stimulus-is-not-working-truth-about-us.html

Best, Tymedu.

To fail is just an opportunity to learn
  • #52,708
  • Jul 5, 2013 4:46am Jul 5, 2013 4:46am
Quoting Apollo14
GU Update http://500euroalgiorno.blogspot.it/2...1000-rome.html
Hi Apollo

What's the link between your site and the Sonic R System?
French Sonicer
  • #52,709
  • Jul 5, 2013 4:49am Jul 5, 2013 4:49am
Tymedu, what is your expectation on the GU Bounce?

As i see the bulls are still pushing the price down, and it already passed my opinion on resistance i posted in my previous posts.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 171 KB


I do believe it is going to bounce right before the NY open, on a 1.49**level somewhere
  • #52,710
  • Jul 5, 2013 4:51am Jul 5, 2013 4:51am
Quoting Tymedu
{quote} If you are happy to see other guys in the forum losing money, you really have a mental problem You have to be really innocent if you think GU will reach 1.40 without a simple pullback 10th post and not even one saying something productive to the thread You can share your opinions, you can agree or disagree with this trading style, but c'mon, being happy to see other people losing money? You remind me Markus, last month troll. Where is he now? Where is now his EU 1.37 estimation for the early July? Anyway, take a look to this article by Daniel...
Tymedu, I think you have the patience of a saint! You always seem to take someone's
negative comments, and turn them into a positive. I applaude you for that.

One thing I have learned. The internet (and forums such as this) is filled with people
from all parts of the globe. Many times, what might be considered funny in one country
can be viewed as not funny in another, due to translation issues. I have seen that
happen here many times, and when I see it about to happen I cringe, knowing the
onslaught is on the horizon.

You seem to let negative things run off of you like water on a duck's back.

I love seeing your posts because I almost always learn something valuable from them.

Thanks!

  • #52,711
  • Jul 5, 2013 4:51am Jul 5, 2013 4:51am
Quoting Tymedu
{quote} If you are happy to see other guys in the forum losing money, you really have a mental problem You have to be really innocent if you think GU will reach 1.40 without a simple pullback 10th post and not even one saying something productive to the thread You can share your opinions, you can agree or disagree with this trading style, but c'mon, being happy to see other people losing money? You remind me Markus, last month troll. Where is he now? Where is now his EU 1.37 estimation for the early July? Anyway, take a look to this article...
If you trade "pullbacks" why adding theory about big guys building longs?You dont need it for countertrading just count extensions.
I think my questions are very valid for example we build longs at cable from 1,52.Do you REALLY think big boys drop price so much and lose money at longs to build positions?
Do you know how are big institutions trading?They do opposite to fish at markets, they build huge positions into trend for them its never "too cheap" or "too high" to add to winning position.
Its some ridicolous myth that big boys countertrend.
I dont give a fuck about markus but its your guru who shows -13k pips on open position which he cant close (and it much more than 12k he show as profit from other trades). It shows that he is just bad trader who cant admit when he is wrong therefore this system when you never are wrong.
Price droping 400pips?No worry bulls building longs, come on use your brain

Funny thing is that i still point out some problems here but all you can do is calling me names, troll etc.
It shows that you lack arguments and really dont want to confront facts.it much easier to call me whatever you like than admit that strategy is "suspicious" at least.
  • #52,712
  • Jul 5, 2013 4:52am Jul 5, 2013 4:52am
Quoting Vikingi
Tymedu, what is your expectation on the GU Bounce? As i see the bulls are still pushing the price down, and it already passed my opinion on resistance i posted in my previous posts. {image} I do believe it is going to bounce right before the NY open, on a 1.49**level somewhere
I do not like it when u buy on the way down...

Should buy in when it start to range down piror to beak up..

Sonic
  • #52,713
  • Jul 5, 2013 5:04am Jul 5, 2013 5:04am
Quoting sonicdeejay
{quote} I do not like it when u buy on the way down... Should buy in when it start to range down piror to beak up.. Sonic
Thank you very much for your advise. As i'm new here all the advises are perfect to me from such an experienced traders.

What do you think i should do?

I am trying to set Stop Orders, for example mostly i have Buystops on GU and Sellstops on UJ. My lack of experience makes my nerves go insane, when i drop too much low with such a small bankroll. I will learn this lesson for sure and hopefully i will be enough lucky today not to bust my account.

So do you advice me to build Stopping Orders or Limit ones?


For example i'm about 300 pips down on GU and right now i'm really nervous as my bankroll has air for another 100 pips down as i assume. Hopefully the bounce will happen in a short period of time without dropping the price too low
  • #52,714
  • Edited 7:28am Jul 5, 2013 5:18am | Edited 7:28am
  •  St3ve
  • | Joined Jan 2013 | Status: Recovering from losses ... | 77 Posts
Quoting Vikingi
My lack of experience makes my nerves go insane, when i drop too much low with such a small bankroll. I will learn this lesson for sure and hopefully i will be enough lucky today not to bust my account.
Do not underestimate the value of micro lots. Even if you trade 0.01 lots, you need to have a certain amount of money in your trading account to trade safely and without worrying about a margin call.

Lets say you have a 500$ account:
- trading the classic SonicR System is totally viable. You know your risk and the maximum possible loss for each trade.
- trading the SonicR System by using PVSRA, you never know how far the MMs will move to price against you. If you are 200pips down and you still see clear signs, that indicate your PVSRA is viable, then you won't exit the trade.

I'm trading my live account with a minimum of 50k pips bankroll. This is the amount I need to get through drawdown phases without a heart-attack ;-)
You can calculate yours by dividing your account equity with the value per pip.

Example for 1 micro lot:
5.000$ / 0.10$ = 50.000 pips bankroll


Trading with PVSRA on an account smaller than 1k is pure gambling .. at least thats my point of view!
So fund your account appropriately or stick with classic trades until you have it grown up sufficiently.


Steve


edit: Please note, that this post was written with an account in mind, which can only trade micro lots or higher. If you can trade nano lots, then 500$ would be the minimum which I would fund my account with.
  • #52,715
  • Jul 5, 2013 6:08am Jul 5, 2013 6:08am
Quoting sonicdeejay
{quote} I do not like it when u buy on the way down... Should buy in when it start to range down piror to beak up.. Sonic
Amen.
If you are good at something, never do it for free--Joker
  • #52,716
  • Jul 5, 2013 6:26am Jul 5, 2013 6:26am
AUDUSD Bulls or Bears?

I have feeling confronted. M15 and M1 seems MM are bears, however in recent days I think MM indicated bulls. Why now the price goes up? Perhaps with the US open the price back down to look for best buys. Someone could help me please?

Edit: I'm sorry, the answer may be in the pic 3
Attached Image(s) (click to enlarge)
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Newbie trader
  • #52,717
  • Jul 5, 2013 6:30am Jul 5, 2013 6:30am
NFP casino opens for betting...

Come Come...


Sonic
Attached Image (click to enlarge)
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  • #52,718
  • Jul 5, 2013 6:30am Jul 5, 2013 6:30am
The daily view.

So far two symetrical moves....with yesterday's volume 28% lower than the equivalent day at the May bottom...and then it was another week before the start of the rally

Time for lunch before NFP....
Attached Image (click to enlarge)
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Trading Levels with WRBs
  • #52,719
  • Jul 5, 2013 6:44am Jul 5, 2013 6:44am
Quoting St3ve
{quote} Do not underestimate the value of micro lots. Even if you trade 0.01 lots, you need to have a certain amount of money in your trading account to trade safely and without worrying about a margin call. Lets say you have a 500$ account: - trading the classic SonicR System is totally viable. You know your risk and the maximum possible loss for each trade. - trading the SonicR System by using PVSRA, you never know how far the MMs will move to price against you. If you are 200pips down and you still see clear signs, that indicate your PVSRA is...
I get where you are coming from, but I still say it is impossible to generalize.

You can take a lot of "pain" on a $500 account trading at two cents a pip.
That is the beauty of PVSRA. You have a pretty darned good idea which way
the "money-ballers" are headed. You just don't know exactly when. Trading
with small increments gives you the opportunity to wait them out while
building your position.

I've been doing it with less than $150 in the account, and I've never come
close to getting a margin call. I'm not saying it CAN'T happen, but PVSRA
definitely helps to level the playing field.



ps: could you furnish me with the last update to the trade levels indicator?
I know it's not the final product, but I would still like to use it until the
update arrives on the scene.

Thanks!
  • #52,720
  • Jul 5, 2013 6:57am Jul 5, 2013 6:57am
These are the trades I've got open at present..!

May the casino opening commence
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