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Sonic R. System

  • #52,961
  • Jul 8, 2013 8:34am Jul 8, 2013 8:34am
Quoting foxybunny
{quote} Islander, good to see you are back with the charts. For your EP1, you have an "Initial SL". For your EP2 & EP3: - do you set a hard SL ? - do you put SL for these 2 entries to be same as "Initial SL" or where do you put the SL for these later entries?

Thanks - and as I am trading multiple minis / standard lots my hard SL is protection for a fast move against me, when I have not already seen the change coming and taken action. Again, for this intra day swing trading its important to protect my profits, so once both are in profit, I will protect that profit.

@fex - yes my EPs are the same for that trade, although they may be different for another pair or cross.

Also, remember guys that the time of day is important for this ID swing trading
Trading Levels with WRBs
  • #52,962
  • Jul 8, 2013 8:36am Jul 8, 2013 8:36am
Quoting Dano12
{quote} I wrote in the direction of those who have taken shorty after 97 96 and averages - the system is good but you need to analyze the market peace mate I wish you as much as possible pips U J chance of correction to the area 100 100 30
....thanks for telling me what I have been doing wrong for the last 25 years!
Trading Levels with WRBs
  • #52,963
  • Jul 8, 2013 8:37am Jul 8, 2013 8:37am
Quoting Islander
OK, my last post today. I was doozing when my audio alert told me to take a look at Cable - and so I was late entering and I have shown my correct entries as I have posted many times before......i.e. after the turn of the appropriate dragon. Here, the 15m was continuing to slope upwards and thus these were Pull Back entries around the **00 level The wide ranged green semi marbozo high candle was with high volume - so sellers / profit takers active in and as that was also a Bull Climax candle - I joined them {image}

Well there you have it. Nothing new under the sun. I am just the latest bozo to come along and say, add with the trend. I must say, I feel a lil deflated.
If you are good at something, never do it for free--Joker
  • #52,964
  • Jul 8, 2013 8:40am Jul 8, 2013 8:40am
Quoting marvas
Is this a valid shorting entry signal using the sonic r classic? {image}
Dragon is above the trend, classic has to wait til dragon gets below the trend and then pulls back. VSA was orginally meant to give traders a chance to get in before that.
If you are good at something, never do it for free--Joker
  • #52,965
  • Jul 8, 2013 8:42am Jul 8, 2013 8:42am
Just classic,,


Sonic
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  • #52,966
  • Jul 8, 2013 8:44am Jul 8, 2013 8:44am
EJ:

My opinion, it is going down, a journey down from a good starting place, a whole number SR area. Looking at other YEN pairs, the MMs have kept prices up today, milking the cow first (translation: maintaining high prices while they add shorts). In 2.5 days there will be multiple JPY high impact releases......
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  • #52,967
  • Edited 8:57am Jul 8, 2013 8:46am | Edited 8:57am
Market has set direction for me, I am now long. Waiting for opportunities to add. Another short might be needed if price moves against me below the trend.

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If you are good at something, never do it for free--Joker
  • #52,968
  • Jul 8, 2013 8:49am Jul 8, 2013 8:49am
PVSRA indicates that it will rise again?
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I am Brazilian and I never give up!
  • #52,969
  • Jul 8, 2013 8:50am Jul 8, 2013 8:50am
Quoting jmn5611
Market has set direction for me, I am now long. Waiting for opportunities to add. Another short might be needed if price moves against me below the trend.

No Pic No talk .. or do not post at all..

Sonic
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  • #52,970
  • Jul 8, 2013 8:56am Jul 8, 2013 8:56am
Quoting jmn5611
Market has set direction for me, I am now long. Waiting for opportunities to add. Another short might be needed if price moves against me below the trend.
Come on Joe! You have to be specific! Every post should clearly ID the pair you are talking about. Every post should stand on its own, so anyone that looks at it will know what the hell you are talking about!

It is damn inconvenient for traders/students to have to stop, hunt, peck, search, etc. .....to see what a post is all about! They aren't going to do it! So you might as well not even post in the first place, if that is the way you are going to do it.

If a post is worth making, it should be worth putting more effort into it. Some won't because they are only posting out of approbation lust and they don't really care about anyone else but themselves, but I know that is not the case with you. Ok?

-tah
  • #52,971
  • Jul 8, 2013 8:58am Jul 8, 2013 8:58am
Quoting sonicdeejay
{quote} No Pic No talk .. or do not post at all.. Sonic {image}

Okay fixed that. Please apply your judicial decrees evenhandedly in the future. There are several posting without pics besides me.
If you are good at something, never do it for free--Joker
  • #52,972
  • Jul 8, 2013 8:58am Jul 8, 2013 8:58am
Quoting traderathome
{quote} Come on Joe! You have to be specific! Every post should clearly ID the pair you are talking about. Every post should stand on its own, so anyone that looks at it will know what the hell you are talking about! It is damn inconvenient for traders/students to have to stop, hunt, peck, search, etc. .....to see what a post is all about! They aren't going to do it! So you might not as well post in the first place if that is the way you are going to do it. Ok? -tah

Fixed it. And where is your pic?
If you are good at something, never do it for free--Joker
  • #52,973
  • Jul 8, 2013 9:06am Jul 8, 2013 9:06am
Quoting traderathome
GJ Short Trade: Entered short #1, Classic. {image}
GJ Short Trade: Entered short #2, Scout. M1 PVSRA shows MMs are now working price towards upper whole number, where I will add again if they get it there. Volume is picking up on this push, indicating the MMs are bears pumping for higher shorting prices. Adjusted TP.
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  • #52,974
  • Jul 8, 2013 9:10am Jul 8, 2013 9:10am
Quoting jmn5611
{quote} Okay fixed that. Please apply your judicial decrees evenhandedly in the future. There are several posting without pics besides me.
Even handed dealing is not what I do. "Out of the blue!" That's what works, so no one can know if, or when.......

Besides, I am so used to the uneven handed market that I have to get into sync with, it is difficult to change.

Actually, I am fairly even handed. You just haven't been around long enough to see that it takes time to be so. Those worth more attention, get it first. Like greasing first the wheel that queaks the loudest!
  • #52,975
  • Jul 8, 2013 9:11am Jul 8, 2013 9:11am
Appropriate long trade?

1) L - H - HL
2)Up dragon
3) PA above trendline
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  • #52,976
  • Jul 8, 2013 9:13am Jul 8, 2013 9:13am
Quoting traderathome
{quote} Even handed dealing is not what I do. "Out of the blue!" That's what works, so no one can know if, or when....... Besides, I am so used to the uneven handed market that I have to get into sync with, it is difficult to change.
Unless you are Sonic, that was directed to him. As far as you go, how about that metric so we have measurable outcomes?
If you are good at something, never do it for free--Joker
  • #52,977
  • Jul 8, 2013 9:14am Jul 8, 2013 9:14am
Quoting jmn5611
{quote} Okay fixed that. Please apply your judicial decrees evenhandedly in the future. There are several posting without pics besides me.

I was busy lately and once I visit here, u r the one that I saw...


Sonic
  • #52,978
  • Jul 8, 2013 9:15am Jul 8, 2013 9:15am
Quoting marvas
Appropriate long trade? 1) L - H - HL 2)Up dragon 3) PA above trendline {image}
You have it!
If you are good at something, never do it for free--Joker
  • #52,979
  • Jul 8, 2013 9:16am Jul 8, 2013 9:16am
Quoting sonicdeejay
{quote} I was busy lately and once I visit here, u r the one that I saw... Sonic

Okay, fair enuf. When posting trades, I will post pics going forward.
If you are good at something, never do it for free--Joker
  • #52,980
  • Jul 8, 2013 9:25am Jul 8, 2013 9:25am
Quoting jmn5611
{quote} Unless you are Sonic, that was directed to him. As far as you go, how about that metric so we have measurable outcomes?
I am totally against, and always have been, and have repeatedly stated so over the years, that no one here should divulge the size of their trades or their account. It is best that all traders focus on the trade, the pips P/L from EP to TP/SL. No one should feel out of place, either because they have a small or a large account.

I started a demo on Jan 11, 2013 for $1,000 and traded only micro-lots, mirroring some PVSRA trades (actually starting pre-PVSRA) as part of the experiment with what has become known as PVSRA. In seven months the account stands at well over $7,000 fluctuating between $7,600 and $8,300 currently, as I have a number of mirrored trades running with drawdown. I have posted on this account before. If $1,000 starting capital can grow to over $7,000 in seven months trading just $0.10/pips, then that should be the sort of information you need.
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