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Sonic R. System

  • #53,941
  • Jul 18, 2013 5:58am Jul 18, 2013 5:58am
Bernanke testifying again?
  • #53,942
  • Jul 18, 2013 6:27am Jul 18, 2013 6:27am
Quoting Islander
{quote} Thank you, all excellent comments that should be taken into account. So far, I am keeping my comments as KISS as possible. If there are sufficient traders following this intra day idea, then we can also provide more suggestions for maximising profits. I personally like to think of 1,000 pips / month in standard lots and this suggests 50 a day in ranging conditions. As I mentioned, the larger moves are usually clear to see and a trader should take advantage of them, either by staying in for a larger TP or by re-entering after banking some...
Hi Islander,

how would you trade a choppy market like e.g. today's AUDJPY (attached pic)? Is it possible to avoid such markets? They might be a killer for your trading style. What would you suggest, Sir? USDJPY was very nice yesterday and today but AUDJPY has been a mess for the last two days.

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  • #53,943
  • Jul 18, 2013 6:27am Jul 18, 2013 6:27am
Hi all,
This increase in volume above the trend line, it is an indication that the PA will go up ??
Thanks
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Sorry my bad English - My native language is Portuguese-BR
  • #53,944
  • Jul 18, 2013 6:28am Jul 18, 2013 6:28am
PVSRA, UCad: Bulls or Bears?

Hard to spot clear indications due to tight ranging ahead of next USD releases in about 30 minutes. There is this one though. On M5 we see a very notable red bar at the lows, followed by two notable green bars. Notice the red and the final green bar have about the same range. What this means is the MMs used that range to do either buying or selling, regardless of the colors. Since the range is lower rather than higher in the broader perspective, this is an indication the MMs are bulls loading up longs.
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  • #53,945
  • Edited 6:42am Jul 18, 2013 6:31am | Edited 6:42am
Quoting MichaelKiske
Hi all, This increase in volume above the trend line, it is an indication that the PA will go up ?? Thanks {image}
Why would you think so? Have you done an M1 PVSRA? What does it reveal?
  • #53,946
  • Jul 18, 2013 6:42am Jul 18, 2013 6:42am
EJ Analysis

There is a clear uptrend in the pair but the MMs have brought the price down ever so slightly to below the quarter number and are loading up their longs in order for a upwards movement in the pair...

What do you guys think?
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: eurjpym15.png Size: 60 KB
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  • #53,947
  • Jul 18, 2013 6:43am Jul 18, 2013 6:43am
Quoting traderathome
Why would you think so?

Hi TAH,

The first attempt to break the PA Line Tendency failed, and we had a high volume at low price .... Now for the second time the PA tries to break the trend line, and the volume is increasing ... In my opinion, this is a sign that the PA goes up ..... I hope I'm wrong because I'm Sold in AU.
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Sorry my bad English - My native language is Portuguese-BR
  • #53,948
  • Jul 18, 2013 6:45am Jul 18, 2013 6:45am
Quoting marvas
EJ Analysis There is a clear uptrend in the pair but the MMs have brought the price down ever so slightly to below the quarter number and are loading up their longs in order for a upwards movement in the pair... What do you guys think? {image} {image} {image}
1. I think you are looking at a rising wedge, which is bearish.
2. I think you are being ridiculous in trying to do a PVSRA on the Week chart without supporting PVSRA on lower TF charts.
3. Where is your M1 PVSRA? What does it reveal?
  • #53,949
  • Jul 18, 2013 6:49am Jul 18, 2013 6:49am
Quoting traderathome
{quote} 1. I think you are looking at a rising wedge, which is bearish. 2. I think you are being ridiculous in trying to do a PVSRA on the Week chart without supporting PVSRA on lower TF charts. 3. Where is your M1 PVSRA? What does it reveal?
There 3 charts that have been posted TAH. The Weekly, M15 and M1
  • #53,950
  • Jul 18, 2013 6:52am Jul 18, 2013 6:52am
I have added EP 3 to my GJ it is the only Yen pair that has given me the opportunity to average. I will only average if market moves a minimum of the pairs daily average range against me. None of my other YEN pairs have moved enough for me to average. I closed my EU and GU for profit to allow for further volatility on my Yen cross pairs.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GJ EP 3 Short 0718 5min.jpg Size: 224 KB
Click to Enlarge Name: GJ Short EP 3 15min 0718.jpg Size: 266 KB
  • #53,951
  • Jul 18, 2013 6:54am Jul 18, 2013 6:54am
Quoting traderathome
{quote} Why would you think so? Have you done an M1 PVSRA? What does it reveal?
In M1 I can not identify what is happening, I no experience for this ... What I see on high and low PA is high volume, and this confuses me ..... Unless you're referring to the high volume above the 0.9150 line, which would indicate that the MMs station adding Shorts..

(sorry my bad English)
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Sorry my bad English - My native language is Portuguese-BR
  • #53,952
  • Jul 18, 2013 6:55am Jul 18, 2013 6:55am
Quoting MichaelKiske
{quote} Hi TAH, The first attempt to break the PA Line Tendency failed, and we had a high volume at low price .... Now for the second time the PA tries to break the trend line, and the volume is increasing ... In my opinion, this is a sign that the PA goes up ..... I hope I'm wrong because I'm Sold in AU. {image}
That tall green bar, it looks like it is at lows and might therefore indicate bulls, but look where the price struck up to on that bar! Looking at it that way, well it could be bears suddenly spiking price up to get higher shorts on at higher prices. And when you question something, you need to analyze other TFs to see if there is confirmation or not. And if you are still getting conflicting indications, or you are not sure of what you think is being indicated, then you need to wait and keep analyzing. Frankly, sometimes we just have to wait for clear indications.
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  • #53,953
  • Jul 18, 2013 7:05am Jul 18, 2013 7:05am
Quoting traderathome
{quote} That is not the latest! Why don't you people just read post 1 and follow the instructions? If you all attempt to trade with the same attention to detail and due diligence that you have shown by not finding your way to the proper indicators and templates the first time around, you are in for big losses! Sonic, one more time.......please, remove that "stuff"!

Maybe he is politely trying to tell you something, tah.

PVRSA has nothing at all to do with Sonic R, there is nothing on the original template besides the dragon that is on yours. There is not one rule that is the same. That could be why after repeated request that Sonic DID see, he has not removed his system from page one.
If you are good at something, never do it for free--Joker
  • #53,954
  • Jul 18, 2013 7:11am Jul 18, 2013 7:11am
Quoting worldfreedom
I have added EP 3 to my GJ it is the only Yen pair that has given me the opportunity to average. I will only average if market moves a minimum of the pairs daily average range against me. None of my other YEN pairs have moved enough for me to average. I closed my EU and GU for profit to allow for further volatility on my Yen cross pairs. {image} {image}
Price is what we pay..
Sign of more weakness will be nice..
Chill

Attached Image


Sonic
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  • #53,955
  • Edited 7:29am Jul 18, 2013 7:15am | Edited 7:29am
Quoting jmn5611
{quote} Maybe he is politely trying to tell you something, tah. PVRSA has nothing at all to do with Sonic R, there is nothing on the original template besides the dragon that is on yours. There is not one rule that is the same. That could be why after repeated request that Sonic DID see, he has not removed his system from page one.
It is obvious you still do not comprehend PVSRA by you saying that. It is a form of market analysis, not a trade method. It is valid to qualify both Classic and Scout trades, which has been stated repeatedly. I guess you don't read much, either. And of course there is nothing on the original template besides the dragon that is on my template, because all that other original stuff has been discarded by Sonic! You really ought to read more.

I think the reason Sonic has not yet removed that stuff is he has been busy and has not seen how much confusion it is causing newbies, and how much work it is causing me.
  • #53,956
  • Jul 18, 2013 7:19am Jul 18, 2013 7:19am
EJ:

Starting to build short position. Analyzing the TFs I think MMs are bears. I will trade this pair carefully due the Japan event this weekend and the high volatility. I will try to space the entries and be safe because I think price can go higher but this is a good point for an initial scout.
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To fail is just an opportunity to learn
  • #53,957
  • Jul 18, 2013 7:26am Jul 18, 2013 7:26am
Quoting traderathome
{quote} It is obvious you still do not comprehend PVSRA by you saying that. It is a form of market analysis, not a trade method. It is valid to qualify both Classic and Scout trades, which has been stated repeatedly. I guess you don't read much, either.
VSA trading is brutishly simple, price above dragon, short the climax bars and vice versa. You are using it as a system, and your system does not have ONE trading rule that is compatible with the original rules on page one. How you deny this is an amazing thing to behold. You should just admit you no longer trade Sonic R primarily, you are in fact, a mean reverting VSA trader now. Does that make what you do bad? Well if it works for you then fine, but call a spade a spade, please.

One more thing, SONIC R SCOUT TRADES GO WITH THE TREND
If you are good at something, never do it for free--Joker
  • #53,958
  • Jul 18, 2013 7:34am Jul 18, 2013 7:34am
Quoting jmn5611
{quote} VSA trading is brutishly simple, price above dragon, short the climax bars and vice versa. You are using it as a system, and your system does not have ONE trading rule that is compatible with the original rules on page one. How you deny this is an amazing thing to behold. You should just admit you no longer trade Sonic R primarily, you are in fact, a mean reverting VSA trader now. Does that make what you do bad? Well if it works for you then fine, but call a spade a spade, please. One more thing, SONIC R SCOUT TRADES GO WITH THE TREND
jmn5611,

You are mistaken, again because you are ill read on this thread. Sonic introduced the Scout trade as a trend reversal/ counter-trend trade. You really ought to read more. It is due to the advent of PVSRA that the Scout has been more talked about as a trade with the trend in support of a Classic trade. Yet, even Sonic has shown repeatedly Scout entries prior to Classics, more trend reversal entries than anything else, but with enough early-on "new trend" PA to justify such an entry (example: http://www.forexfactory.com/showthre...63#post6799063). You really ought to read more before spouting off.
  • #53,959
  • Jul 18, 2013 7:37am Jul 18, 2013 7:37am
Quoting traderathome
{quote} You are mistaken, again because you are ill read on this thread. Sonic introduced the Scout trade as a trend reversal/ counter-trend trade. You really ought to read more.

I am read just fine, thank you. Sonic introduced the Scout as counter trend to get in early on the classic trade. AT NO TIME DID HE INTEND TO USE SCOUTS TO AVERAGE DOWN WITH. THIS IS ON PAGE ONE.

NEVER AVERAGE A LOSING POSITION.

The evidence is clear, tah, you are not trading Sonic R, you are trading mean reverting VSA, you should just admit that and call it a day.
If you are good at something, never do it for free--Joker
  • #53,960
  • Jul 18, 2013 7:46am Jul 18, 2013 7:46am
Quoting jmn5611
{quote} I am read just fine, thank you. Sonic introduced the Scout as counter trend to get in early on the classic trade. AT NO TIME DID HE INTEND TO USE SCOUTS TO AVERAGE DOWN WITH. THIS IS ON PAGE ONE. NEVER AVERAGE A LOSING POSITION. The evidence is clear, tah, you are not trading Sonic R, you are trading mean reverting VSA, you should just admit that and call it a day.
No position is a losing one unless it is closed at a loss. Any statement to the contrary is idiotic. You also obviously do not understand how professional trading houses trade, which do have losing trades, but seldom end up losing overall. A further indication of you being ill read and ill informed is your constant use of the term VSA. Maybe some day, if you read, you will see how that got started here, and why it is no longer referred to in my indicators.
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