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Sonic R. System

  • #54,701
  • Jul 26, 2013 6:55am Jul 26, 2013 6:55am
Quoting St3ve
{quote} I don't know what's your experience in forex, but please be extremely careful with such trades. You know how fast those JPY pairs can move. In the beginning, I also thought I can drop a tremendously oversized trade here and there just for a few pips .. in the end I killed my first account with it. 10 pips gain with such a lot size may be nice, but you also have been more than 30pips on the wrong side. I would recommend staying with PVSRA and trading very small ... at the end of the month you will definitely have better results with it than...
Sound advice. Although i wonder, if qfish felt so comfortable to trade a classic signal at that lot size, why the counter-trend trades on USDCAD? why not just trade classically

that 30pips drawdown could easily have been in profit, and with a reasonable lot size too. just food for thought.
It is possible to make large sums trading, small losses, large wins
  • #54,702
  • Jul 26, 2013 7:02am Jul 26, 2013 7:02am
Quoting Ck87
{quote} You guys have been saying MM's are bears from 1.50, the reality is it doesn't matter what they are, what matters is where price is going after you place an order. If price is going up, you best be waiting. It's something I'll just have to disagree with that many sonicers are doing, but hey , whatever works, and as long as you're not trading too big you should be fine i guess. I just want to emphasize PATIENCE! To be a true master trader, we must have top quality patience! Don't get me wrong, I do think GU is going to head lower and get crushed...
if i could, i'd give you a vouch...
i read a book recently, an interview with some great traders. Most of them add positions when their initial positions are in profit, not the other way around.
It is possible to make large sums trading, small losses, large wins
  • #54,703
  • Jul 26, 2013 8:14am Jul 26, 2013 8:14am
Quoting traderathome
GU: This has the look of the MMs currently at the table saying, "Well, we've done our part. Now it is up to the US team to carry the ball (down). We've softened the opposition and given the US team good ball placement for our run......" Could it be that this whole number area (+/- 20 to 30 pips because the MMs position building is not exacting either) is "Custer's Last Stand"? {image} {image}
GU & EU:

These are setting up as Classic shorts.
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  • #54,704
  • Jul 26, 2013 8:14am Jul 26, 2013 8:14am
Quoting Islander
{quote} Perhaps they could, but I am trying to keep this a KISS system and thus have used fixed value bands as in the Keltner Channel and as I have met Linda Bradford Raschke, I've probably subconsciously used some of her ideas as she was a great exponent of Keltner's work....
I can definitely relate traveling the world of price lagging indicators. Price, Volume, SR, and a little thinking to KISS. Candlesticks and emas are probably the next best. I have not heard of Keltner. Will have to check her out.
insanity: Doing the same thing over... and expecting different results -AE
  • #54,705
  • Jul 26, 2013 8:18am Jul 26, 2013 8:18am
Quoting traderathome
{quote} GU: This is setting up as a Classic short. {image}
Nice new volume indi Tah.
insanity: Doing the same thing over... and expecting different results -AE
  • #54,706
  • Jul 26, 2013 8:29am Jul 26, 2013 8:29am
Quoting qFish
{quote} Nice new volume indi Tah.
Quick question. TAHS first chart doesn't show a clear wave from what I see. its similar to the wave I entered on....?
  • #54,707
  • Jul 26, 2013 8:32am Jul 26, 2013 8:32am
Quoting qFish
{quote} Nice new volume indi Tah.
qFish,

Not new, old! The more experience I have with PVSRA the more my brain begins to correlate. In this case, it occurred to me that maybe the best volume rendition for PVSRA is the old SonicR NVO, because it is accurate, clean,.....and provides a visual alert (via perspective) without needing code for one.

I am into a new phase of experimentation, based on Classic only trades and "a little bit of PVSRA volume". Master Sonicdeejay is going to love it,...if it works out! So will the others here that have been decrying what they saw as a departing from the Classic Sonic R. System trading.

-tah
  • #54,708
  • Jul 26, 2013 8:36am Jul 26, 2013 8:36am
Quoting qFish
{quote} Thanks Joe. I actually don't enter SL either. But I do enter TP. But I guess I really don't need to with PVSRA. I'll try it out. At least I won't ever have this problem anymore! It was such a disaster to take this loss for such a stupid reason, when the trade had much potential.

We have done that, lol. Wait till you have your first fat finger trade.
If you are good at something, never do it for free--Joker
  • #54,709
  • Jul 26, 2013 8:43am Jul 26, 2013 8:43am
Quoting traderathome
{quote} qFish, Not new, old! The more experience I have with PVSRA the more my brain begins to correlate. In this case, it occurred to me that maybe the best volume rendition for PVSRA is the old SonicR NVO, because it is accurate, clean,.....and provides a visual alert (via perspective) without needing code for one. I am into a new phase of experimentation, based on Classic only trades and "a little bit of PVSRA volume". Master Sonicdeejay is going to love it,...if it works out! So will the others here that have been decrying what they saw as...

I misjudged your intent tah, at first I saw you as a guru in training, so I was a bit a of a wanker, but I do see with this post that your heart is indeed in the right place. You are just trying to turn over every stone. PVSRA is one of those stones. Looking forward to the next stone that you turn over.
If you are good at something, never do it for free--Joker
  • #54,710
  • Jul 26, 2013 8:47am Jul 26, 2013 8:47am
UCad:

This is setting up as a Classic long.
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  • #54,711
  • Edited 9:19am Jul 26, 2013 9:02am | Edited 9:19am
Quoting marvas
{quote} Quick question. TAHS first chart doesn't show a clear wave from what I see. its similar to the wave I entered on....?
Agreed that the GU PA wave is not perfect. But balance that with the fact of notable volume at the beginning highs of the PA wave, and that it was as the GU MMs pushed the price above the whole SR. That is a fundamental PVSRA indication! Bear MMs prefer to build short above whole numbers. This is PVSRA Class 101!

I said GU was setting up as a Classic short. I did not say the setup was complete. By the time the GU MMs are ready to bust this loose, the PA wave may have have grown more and better looking legs. Let's see what happens.

BTW, EU is also growing new PA wave legs.
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  • #54,712
  • Jul 26, 2013 9:23am Jul 26, 2013 9:23am
Quoting qFish
{quote} I can definitely relate traveling the world of price lagging indicators. Price, Volume, SR, and a little thinking to KISS. Candlesticks and emas are probably the next best. I have not heard of Keltner. Will have to check her out.
The most common use of the Keltner channel is with the BB. What happens is that the BB will go inside of the keltner channel. They call this the Keltner BB squeeze. Essentially, volatility has dropped so low that there must be a breakout one way or another. To put it another way, bulls and bears are in a Mexican standoff. No one is doing anything until the other side blinks.
If you are good at something, never do it for free--Joker
  • #54,713
  • Jul 26, 2013 9:35am Jul 26, 2013 9:35am
tah
we now very profit in GBPJPY and EURJPY
what is your TP?
maybe it will be better to close?
  • #54,714
  • Jul 26, 2013 9:36am Jul 26, 2013 9:36am
UJ:

This might be turning around now. Not an M15 Classic, but the trend might be reversing, because if this is the Accumulation phase, the pickin's were less at the bottom than before. And, per PVSRA Class 101, bull MMs prefer to build longs below whole numbers......
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  • #54,715
  • Jul 26, 2013 9:44am Jul 26, 2013 9:44am
Quoting meirk
tah we now very profit in GBPJPY and EURJPY what is your TP? maybe it will be better to close?
Waiting. After all the pumping on these, if the trends are reversing, this is just the beginning.
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  • #54,716
  • Jul 26, 2013 9:48am Jul 26, 2013 9:48am
Quoting traderathome
{quote} Waiting. After all the pumping on these, if the trends are reversing, this is just the beginning. {image}
RWL?
  • #54,717
  • Jul 26, 2013 9:48am Jul 26, 2013 9:48am
AU:

Setting up as a Classic short....
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  • #54,718
  • Jul 26, 2013 9:50am Jul 26, 2013 9:50am
Quoting jmn5611
{quote} The most common use of the Keltner channel is with the BB. What happens is that the BB will go inside of the keltner channel. They call this the Keltner BB squeeze. Essentially, volatility has dropped so low that there must be a breakout one way or another. To put it another way, bulls and bears are in a Mexican standoff. No one is doing anything until the other side blinks.
Ah I see. Low vol during the major session always screams big impending moves . The calm before the storm.
insanity: Doing the same thing over... and expecting different results -AE
  • #54,719
  • Jul 26, 2013 9:56am Jul 26, 2013 9:56am
UJ: Added two more long scouts as price is price is pushed below the quarter and half SR level. Ruthless.
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insanity: Doing the same thing over... and expecting different results -AE
  • #54,720
  • Jul 26, 2013 9:57am Jul 26, 2013 9:57am
Tah is that sonic template on test . The pva indicator looks better
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