Sonic R. System

GJ: Like Msis125125 says, not clear indication. There are some that says BEARs, and some says BULLs. I'm with Msis to wait and see what happens. But here is my analysis. I think MMs are BEARs.

I'm 100% sure that Tah can give the most closer explanations to us about MMs and PVSRA. You really can tell you don't follow any Tah's thoughts? Doubt it.

And if I agreed other's thoughts, why not to share them? You have something against to Tah's posts? I think his posts are best you will ever find. So why not to learn from the best?

And btw if you haven't noticed I have shared my thoughts, if I have them.

So feel free and post your thoughts as much as you can!

GJ: I think sometimes, you really do have mixed signals (BEARs putting on BULLs and vice versa). A mixture of both. But we can consider where price is at and what is it doing. The MMs have played GJ well. They are neither at a trough or an apex of previous waves. They have decided to perform accumulation inside a range that is the center of the previous waves. One of the reason why it's confusing. Another trick of theirs to play with our psychology. But we are smarter than that. We can wait. And we can find greener pastures from other pairs.

All dollar pairs for the most part show pro-USdollar sentiment. I am currently in 4 pairs and 2 pairs are shown...the 2 not shown are UCAD and UJ....I took some heavy drawdown but hung in there for my week 11 of anti-loss and am now back to break-even... the key is to add confidently after zooming into the 1 minute chart...and I love it when I(we) can successfully add in the wicks on the larger timeframes!
now I have to learn to stay in for run for profits longer and stay in (if/when) the the run for profits last 2x times as long- !!! many of us are swing traders and should try to last AS long on the run for profits as we do for the building /drawdown stage....
may the pips be with us

kdxrider3,

Thank you for your input. I couldn't agree more! We need to ride these profits until we are in a good position to start building in the opposite direction. Drain the profit for all it's worth! Since we are waiting for that apex reversal anyways, why not stay in to ride the profit, than switch and build early to take larger DD. We will know when reversal hits. The only thing is we have to be cautious of those huge fast run for profits against us.

EU Analysis:

GJ Comment:

Look at the attached chart. It was posted earlier. It was a valid Sonic R. short setup. And yet, after running about 25 pips from the EP zone, the MMs reversed price. They ran it higher up than they did down!. The thing is, PVSRA still calls these bastards bears! And they are bears. And they did this to hit the stops of existing shorts, so they could add shorts at higher and higher prices. And they also sucked in longs which meant even more shorts for the bear MMs.

I am waiting to see if they get the price up thru the half SR, where I intend to add another short.

Do we stop trading Classics, even Classics qualified by PVSRA as this one was, because of this sort of price manipulation by the MMs? No! We simply enter our PVSRA qualified Classics, and then whenever the bastard MMs do this sort of thing, we consider it a gift, and use our Scouts to add to the short trade at better and better prices as we take advantage of the MMs that are trying to take advantage of us!

Closed AJ for 1560pips start building reversal!

Thank you for the inputs and guidance.

GJ has provided with an excellent platform for learning as there are so many ambiguity, yet you folks have distilled your knowledge into easily digestible shots from which I learn.

Qfish , excellent charts with explanation.
msis125125, I acknowledge your desire to teach. It's through teaching that we learn another time.
Loeil, thanks for the link.

GJ just spiked 100 pips in a wrong direction to bears and It's through teaching that we learn another time.
I rest my case. The importance of this forum is to learn how to trade and not just follow TAH, let me ask you QFISH what would you do if TAH would stop posting? You would never open position by yourself? I bet it would be difficult. I am trying not to copy TAH and make my own trades, some time I disagree with him and he says thank you. Coz I have luxury of power of opinion and you don't. I will not interfere no more with new comers. As it is worthless, I have learned the system and I have learned it well. I can trade by myself I was doing it. I have turned 1k into 6k in less then a month. Trading with this system by myself. TAH is great but you should use your own heads and make mistakes, only then you will be able to learn and not just follow someone else's signals.

I am sorry TAH, but you should give some space here for people to try make money themselves as you have taught them to follow your entrances it seems that no one even have a slight benefit of the doubt about your signals and this is wrong even for yourself.

great results, Msis125125.

erm, i do think you got the wrong guy here, dude. qFish does have his own opinions and he trades not by copying TAH. You can see it from his charts where he posts also his analysis and thinking.

My. Appologies .it was loel not qfish..

Hi Msis125125,

Please read my post as I write to you with sincerity and honesty, only to dispel any light or confusion that has been made.

First to answer your question "What would I do if Tah stop posting?":

I would continue to try to improve the system as I have tried for the past few weeks. I will be sad yes, b/c Tah has been one of the key contributors of this thread. No body posts 7 times a day for 5 years. I can't imagine this thread be without Sonic or Tah or you, or the other vets here that has contributed so much.

And would I disagree with him?

Sure. But at my current status, I do not have the stature to question him or confront him in a public thread. Rather, I would PM him directly. And I would do the same for you out of respect. I only post my own analysis for others to criticize, correct, or improve. It's not my place to go against anyone right now. I only started trading this strategy July 22, 2013. I am the newbiest of all newbies here. If you look at my profile, you will notice less than 1 year experience. But I come to learn and improve. So maybe I don't outright tell you I disagree, I just show what I think from my analysis.

In our own analysis, I hope people here do realize my level of experience. In fact, I hope everyone here take what I say with a grain of salt and analyze it for themselves. I only try to make it as clear as possible in simple visual ways that helps me understand what I'm trying to portray. That is all I can do.

I cannot predict the market. And I never will. I can only tell you whether MMs are Bulls or Bears. I will not tell you they are Bulls and that price will soon spike or vice versa. I've learned from 2 blown live accounts to not try to predict the market. I can only make the highest probability trades. And that's what I'm in search for here in the improvement of all our trading.

In terms of a newcomer, in the beginning, I'd have to admit. I did follow Tah. But I did it by looking at his charts until I started to see the picture and realize for myself. B/c without understanding of the system, who else can I best follow than to follow one with a great track record. Only when I can understand his methods and thinking fully do I begin to incorporate my own thinking and realizations. It takes time. Newbies can't really just come here and post charts that is correct. We expect flaws. But that's why people like Tah and you are here to enlighten us. If there is conflict, then we should investigate why? Look at the charts and determine why are you saying Bull and Tah is saying BEAR than to question each other. I realize that both you and Tah are correct in your own analysis and even acknowledge you in my previous post, stating there are both BULL and BEAR actions going on and to "wait and find greener pairs" advocating those here not to trade this confusing pair. I'm sure I've only scratched the surface but I do come from MM theory background obtain elsewhere and still learning more. But in my recent trades, I've posted when I thought the move was right and many times started before anyone else. In fact, I started short on AU when others were still waiting to take profit.

Mind you. I read your post with full attention and objectivity so as not to turn this into an argument, but hopefully something will come out of it that we can all benefit from. I've seen your trades and posts and I know you are not to be dismissed as any other person here (new or old). We can learn from anyone, regardless, this is what I believe.

The fact that I have yet to blow my account, for me, is re-assuring and confidence. I've made mistakes and learned and improving day by day to one day do the same as you "turn 1k into 6k in less than a month." But for now, 10% a month would put a grin on my face.

Please do not stop helping new comers as your knowledge will not go to waste. When you posted the BULLs analysis, I went to look at it very carefully on the M1. Position wise, I would not have entered GJ personally. Right now I can only focus on my two pairs EU and AU with limited scouts left and a 60% free margin buffer.

Your success holds much value. All the more reason why I wish for you not to stop. Show us your thinking and how you trade. What I have shown is thus far theory in practice. You have a track record from a proven system.

I only hope you can understand where I am coming from and only wish to trade with you as "partners for life" here, to learn and improve together.

I know it may get frustrating when a lot of people here may have taken Tah's every word as canonical. But rest assured, we all will learn from our mistakes. And in mimicking, we will also begin to learn the dance ourselves, make our own realization, and improve... and graduate from being a little grasshopper. It is but one out of countless methods to learn.

But maybe there really is another issue at hand here. I do know, that I've not been here long. As such, maybe my post hold very little weight, and I should not post much. In the beginning, I see how the nature of this thread is to "do your own analysis" before asking questions. And I've ownly posted with this intention, for others to correct me if I'm wrong, or re-assure me if I'm on the right track. But maybe, my substantial amount of posting has become ... how should I put it... annoying? At any rate, I only wish for anyone here to tell me how they truly feel and I will be happy to refrain as I do know... I am a "newcomer."

Regards,

-qFish

Apology accepted. LOL. Well, that's a relief. lol

Thank you J3r0m3, for clearing this issue. I am indebted to you.

-qFish

AU: As AU begin it's run for profit, I've added sell stops to be added along the way. You can see EP5 and EP6 are my triggered sell stops. Actually, EP5 is the latest one. For some reason, the auto-trade levels is sorting the triggered sell stops in reverse. At any rate, I've added sells stops on the way down spaced 25 pips apart to ride the profit. The hard part is determining the exit point, in which we decide to stop entering scouts early on, or to keep taking scouts until price indicates a clear reversal in which we will lose 2-3 scouts in the process (at a cost of about 500 pips, which we'll find out soon enough). Note that in the beginning, when I started building, I built with 50 pip spacing, now allowing me to trigger orders in between. Essentially the same result as if I entered them building up. Only difference is I suffer less DD. So don't feel that you've missed opportunities going up by wider spacings. You can still catch them on the way down.

Now, I did a little analysis on trade-offs between keep on adding scouts until exit or exit with a retrace where we have 2 scouts lose and 1 break even. I found out that we would actually do substantially better if we exited without losing any scouts. Because of the snow-balling effect of our profits, a little retrace is a substantial loss in profit even though the loss of the scouts are minimal (about 75 pips in this case). Add in the loss in profits and you are losing about 500 pips (for the following scenario).



Thus, I think my strategy would be to try to exit without losing many scouts. Before the end of the run, at the first few signs of reversal, I will stop scaling-in and try to have a buffer of 25 pips beyond the latest scout. A TP at an SR level below the last scout would be nice during the BULL's building long phase.

I am of the wave with you buddy!

Awesome. Let's ride!

Nice trade by the way!

Wow, I have say, it good to see that there aren't just a bunch of robots waiting to blow up here. Great post.