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Sonic R. System

  • #56,241
  • Aug 13, 2013 7:05pm Aug 13, 2013 7:05pm
Quoting traderathome
{quote} {quote} 50? 100 and more?! You two have got to be kidding! I figured to stop myself at 30! And I am pretty liberal! At what point does the trader ask themselves if they need to add to the indy the capacity for more entries, or if they need to re-examine how they are selecting their entries? Msis, the beta version I sent to you with 30 is likely going to be the version in the next release. Really, why do you need a capacity of more than 30 EPs? You two have just turned to a new page in the saga. I await to see how it works out for you both....
Tah and Msis,

I've sent you guys an updated version of the beta with.... automatically updated so as many as you want.

-qFish
insanity: Doing the same thing over... and expecting different results -AE
  • #56,242
  • Aug 13, 2013 7:07pm Aug 13, 2013 7:07pm
Quoting traderathome
{quote} {quote} 50? 100 and more?! You two have got to be kidding! I figured to stop myself at 30! And I am pretty liberal! At what point does the trader ask themselves if they need to add to the indy the capacity for more entries, or if they need to re-examine how they are selecting their entries? Msis, the beta version I sent to you with 30 is likely going to be the version in the next release. Really, why do you need a capacity of more than 30 EPs? You two have just turned to a new page in the saga. I await to see how it works out for you both....
EU: That's 34 scouts Tah.

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insanity: Doing the same thing over... and expecting different results -AE
  • #56,243
  • Aug 13, 2013 7:36pm Aug 13, 2013 7:36pm
Quoting qFish
{quote} EU: That's 34 scouts Tah. {image}
I only have 30 with updated version, although I have found better one for me, thanx.

UJ closed for 750 pips. Very bad trade, one of the worst I had.
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There is no spoon....
  • #56,244
  • Edited 9:14pm Aug 13, 2013 8:06pm | Edited 9:14pm
Qfish

I'll say you are very likely in the right direction. This is just one trade of many(could be thousands in a trading career) you will not likely ever forget (which is pretty cool) to stalk a trade for so long then enjoy the harvest
For a trader only a year-in --you sure have caught on well!

not long ago for me a trade was a trade a win or a loss ...now we have entries to become a position building machine -sometimes many of them- dozens for some ... a growing position that is "alive" and can change depending on spacing and timing when we want to add... this really changes everything!!!! we really can ONLY control exits and entries...if PVSRA shows that it is the right thing to do....can you imagine if we can get the same 1 minute pvsra information out of the 1 hour chart... could change everything! -

EU has been in consolidation for some time...when it sails it will move pretty good...
I think I have to say that this type of trading we all do here allows us to learn an incredible concept that most do not truly understand- patience

This I have to thank TAH and Sonic and everyone else that adds to this thread with great ideas/concepts...

a few add-on concepts that I am working on are below - which may take mo's or yrs to develop)
1.manual emergency stops (% of account size)
2. adding pending orders come harvest time.
2a. just adding entries during harvest time (when is harvest time??? to be sure...
2b should harvest time be anytime average entry becomes greater than 100 pips (answered my own question- but when should we shoot for the 200 pip average
3. Not all will understand this one but ... I think if your wrong on the direction there are SM ways to mitigate losses ...if your account size and MM permits... this one too I am working on in my head.....lets skip over this one till I figure out the other 2

I know most do not talk entry sizes but I only add 10k at a time and am comfortable with this until I have a significant loss.(for me it is worthwhile $$ per week and can be real good hobby money) The good news is that I can be down quite a bit and not lose even 25% of what I have made in 2 months! I have moved money to the account to avoid not being close to margin call at one time so far - a huge advantage and time saver if you can afford ...nobody wants to go backwards especially if you have the direction correct !!!

Honestly I am looking forward to the fall - this summer has been the best in 4 years for me by far and I am looking forward to beating the beast/dragon with 250pips/day moves GBP/JPY - I think then I will move to 5K entries on some of the yen pairs because of the volatility...

Splashing around some thoughts and always remember consolidation back and forth is 70% of the time... This can be one of the greatest takeaways we can become aware of...

TAH has done some things only a few have done...great concept and Congrats! ....one other trader like him that I know of that is really thinking out of the box and way in profit...the reason we do this!

















I would like to set a personal goal of 50% to the harvest entries as a goal.. I am good at adding during the building phase as most are ...but to add during the harvest is what I would like to do more of

Lately I spend a lot of hours over the last few months trying to understand the difference in volume between building and harvest...
to figure this out would be awesome.
Entries in the wicks over and over **PVSRA rules!
  • #56,245
  • Aug 13, 2013 8:12pm Aug 13, 2013 8:12pm
Hi all,

is it just my broker or everybody can see this strange activity?
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  • #56,246
  • Aug 13, 2013 8:23pm Aug 13, 2013 8:23pm
Quoting phi1ipp
Hi all, is it just my broker or everybody can see this strange activity?{image}
All Sonicers, and phi1ipp,

Please, when posting do try and express yourself more completely, so others can understand. In this case, phi1ipp, you are asking Sonicers what, exactly? I mean, what do you consider to be the strange nature of the prices you have highlighted? If we don't know what you consider "strange" about the pricing, how can anyone provide an intelligent response, one that might help you?

-tah
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  • #56,247
  • Aug 13, 2013 8:32pm Aug 13, 2013 8:32pm
Quoting traderathome
{quote} All Sonicers, and phi1ipp, Please, when posting do try and express yourself more completely, so others can understand. In this case, phi1ipp, you are asking Sonicers what, exactly? I mean, what do you consider to be the strange nature of the prices you have highlighted? If we don't know what you consider "strange" about the pricing, how can anyone provide an intelligent response, one that might help you? -tah {image}
I'm sorry, master TAH! I'd like to know if this volume is high just on my charts or everybody can see that sudden volume out of nowhere? Or maybe it's just because of Asia open?
  • #56,248
  • Aug 13, 2013 8:55pm Aug 13, 2013 8:55pm
Exactly

Quoting jmn5611
{quote} Another great post. And yet again, tah, another dissenter realizes that your pontificating has nothing to do with a good simple MM strat that has little to do with analysis. Just average down until the market turns. Two weeks, six months, it does not matter. Just keep bringing that average price closer to your original position.
  • #56,249
  • Aug 13, 2013 8:57pm Aug 13, 2013 8:57pm
Quoting phi1ipp
{quote} I'm sorry, master TAH! I'd like to know if this volume is high just on my charts or everybody can see that sudden volume out of nowhere? Or maybe it's just because of Asia open?
Volume will vary broker to broker. Alpari(US) shows increased volume, but insufficient to claim a special color. Anyway, the big deal is that the price has been dropping and the last part of yesterday's US session the MMs devoted to trying to reclaim some lost ground, hiking price when cheaper to do so, so they could resume shorting at higher prices.
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  • #56,250
  • Edited 10:24pm Aug 13, 2013 9:04pm | Edited 10:24pm
Quoting nathaniel
Exactly {quote}
Nathaniel, a Loser According to his Forex Explorer

Another losing trader that mindlessly, blindly agrees with another loser trader, that fudged and lied about the trade he posted.

Nathaniel, your Forex Explorer tells the tale on you. Maybe you and he should go off together and cry. My gosh, man, you can't even use our indicators correctly!

If you don't approve of the way another person trades, if you don't approve of the results of other Sonicers putting your results to shame, then either close your trap, open your mind and get with the program, or leave.

It is really funny, the two of you losers being here. We all know why. You are getting your signals from we Sonicers! Really funny, because they are good, and even at that you two are struggling and embarrassed to post real-time trades because you resist the truth and get inferior results.

-tah
  • #56,251
  • Aug 13, 2013 10:05pm Aug 13, 2013 10:05pm
Quoting kdxrider3
Qfish I'll say you are very likely in the right direction. This is just one trade of many(could be thousands in a trading career) you will not likely ever forget (which is pretty cool) to stalk a trade for so long then enjoy the harvest For a trader only a year-in --you sure have caught on well! not long ago for me a trade was a trade a win or a loss ...now we have entries to become a position building machine -sometimes many of them- dozens for some ... a growing position that is "alive" and can change depending on spacing and timing when we...
Thank you kdxrider3,

The position is open so anything can happen. But we do have added confirmation from knowledge of what the MMs have been doing. And that is much thanks to TAH for PVSRA, and the many other contributions of others here to help improve the current system. Throughout the time when I entered the first scout to now, I have learned much, and already testing new ideas as to reduce the early DD and maximize profit during the run. Identifying the run vs. the build is indeed a key task to do. We can't ever pinpoint it, but we can come close. Which is why we add scouts when the train continues to build.

If we can see the legs on the H4, we can estimate where we are and enter at the most profitable location, the ending of a build phase right before the run. This is profitable in that we get the best average price, and reduced movement against our direction, which means a lower DD. If we have a wide spacing, we can always add more during the run down, so it's not too late (just use stop orders). In the end, we will have the same result as if we started building early on, but lower early DD. As we make our run for profit, we add scouts to our position (trading with the trend) and continue to add even through the building phase (as price continues to be pushed for collection of longs/shorts), which we know can be quite substantial.

We can use Sonic Classic setups as an indication for early signs of reversal. As the dragon flattens on the M15, H1, and h4, we know we are coming near a HIGH probability reversal point. M1 PVSRA analysis adds confirmation on what the MMs are actually doing (taking out SLs, pushing prices above/below key SRs, etc). So right now for EU, all we see is an environment for classic shorts, which adds to our confirmation that the trend will continue. So we keep our position and ride this leg down. It will be very different and hard as we are so used to add early right after we take profit (too soon) from the previous cycle. This time, we be patient and ride the profits longer and then near the end of the build phase, start our building. EU's last run/build phase lasted for over 30 days! It's only til now that we started showing the first signs of the run. Why can't we hold on to our profits like that? Think of how many pips from average price that would be. That's what I call a sniper entry for building positions with low DD and higher profit draw.

Of course, this is mostly theory, but we're already starting to test this strategy out (like my AU trade):
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The first four scouts were added with large spacings and started building at least halfway (compared to previous legs). In fact, if you can wait even longer, it's even better. Even 3/4 the previous leg is a good target. The last three scouts were added during the run down. So when I was up top, I only suffered DD from 3 scouts. But look where I am now. I'm in the same profits as if I would have added the other three in the beginning (which would have increased my early DD from 3 scouts to 6 scouts, with a snow balling effect!). Thus, this way my DD was minimal and very bearable. Scouts added during the build phase sparsely space is just getting our foot into the water. When we are in the run, we have more confidence that we are at the top and reversal is highly probable.

I think you made very good points in your discussion of improvement ideas and many of them are in line with the same ones I'm currently implementing! Let's see where this takes us!

-qFish
insanity: Doing the same thing over... and expecting different results -AE
  • #56,252
  • Aug 13, 2013 10:29pm Aug 13, 2013 10:29pm
M15 sonic short set up on UJ
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  • #56,253
  • Aug 13, 2013 11:08pm Aug 13, 2013 11:08pm
Quoting traderathome
{quote} Nathaniel, a Loser According to his Forex Explorer Another losing trader that mindlessly, blindly agrees with another loser trader, that fudged and lied about the trade he posted. Nathaniel, your Forex Explorer tells the tale on you. Maybe you and he should go off together and cry. My gosh, man, you can't even use our indicators correctly! If you don't approve of the way another person trades, if you don't approve of the results of other Sonicers putting your results to shame, then either close your trap, open your mind and get with...
Nobody fudged anything you poor delusional fellow. As far as signals go, you don't need any, just average down until the price comes to your average position. You don't even need a chart, not mention any indicators. Just some random times and some random seeds. Tick volume shows nothing but rate of change of price over a given amount of time. You are making this stuff up tah, and you should quit. As far as trades, I already told you that I would post them, no charts, no indies, no nothing, just open the platform, and place a trade if you are losing, and wait.
If you are good at something, never do it for free--Joker
  • #56,254
  • Aug 13, 2013 11:14pm Aug 13, 2013 11:14pm
Quoting traderathome
{quote} Nathaniel, a Loser According to his Forex Explorer Another losing trader that mindlessly, blindly agrees with another loser trader, that fudged and lied about the trade he posted. Nathaniel, your Forex Explorer tells the tale on you. Maybe you and he should go off together and cry. My gosh, man, you can't even use our indicators correctly! If you don't approve of the way another person trades, if you don't approve of the results of other Sonicers putting your results to shame, then either close your trap, open your mind and get with...
What is wrong with you?
I noticed that people have this tendency to be rude and offensive on public forums because they hide behind an online persona.

What I am just saying is that if the strategy is to average down, one doesn't need a complex system, just a very good money management system.
However, if one is advocating averaging down as a means of trading, people following the system ought to be cautious.
  • #56,255
  • Aug 14, 2013 12:08am Aug 14, 2013 12:08am
NZDCHF MMs bear?
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  • #56,256
  • Aug 14, 2013 12:41am Aug 14, 2013 12:41am
GJ the Pattern appears again.
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  • #56,257
  • Aug 14, 2013 1:27am Aug 14, 2013 1:27am
Quoting Msis125125
{quote} I only have 30 with updated version, although I have found better one for me, thanx. UJ closed for 750 pips. Very bad trade, one of the worst I had. {image}
Msis, what was your reason to close Yen ? IMHO too early...
Everything is possible!!! Step by Step...
  • #56,258
  • Aug 14, 2013 1:36am Aug 14, 2013 1:36am
Quoting FXRobert
I watching AJ and I see first sings for MM's are bear. Price is sell, hard sell and next buy above whole numer. At the moment I see on H1 strong resistance. If price go up I will watch others signs for bear. {image} {image}
I see next strong signal - I think a BEAR, but I waiting for opening LS and if price move up I add my first order sell stop.

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  • #56,259
  • Aug 14, 2013 2:13am Aug 14, 2013 2:13am
Quoting Ck87
M15 sonic short set up on UJ {image}
Bad setup imho. It's important to see where the price is and how is the trend going. You had a H-L-LH but it is above the EMA89 and at that moment, the uptrend in M15 was intact.

To confirm a break reversal, the price doesn't have to break the last low, it has to break the last low which generated the last high. I attach you an image to show you the example. Most people think a trend is broken when it breaks point 7, but the truth is that the trend is only broken when the price breaks the point 5.

This doesn't mean that your trade will go bad. Price can of course go south, but imo, it would be nice to wait for a better setup.

Best, Tymedu
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To fail is just an opportunity to learn
  • #56,260
  • Aug 14, 2013 2:22am Aug 14, 2013 2:22am
I have developed a monitor EA to assist me when trading the SoncR system. I’m using mt4gui dll (free available from fx1 inc) to implement buttons functionality that normally is not available for mt4 terminals. The EA can also be set to automatically open new position with predefined interval.
At the moment I have the following functions available:
1.Automatically detect all open positions.
2.Automatically calculate average entry price whenever a new position is detected.
3.Sow / Hide the monitor panels.
4.Set TP / remove TP to all open positions relative to the average entry price.
5.Set SL / Rmove SL to all open positions relative to the average entry price.
6.Set AutoTrade On / Off.
7.Close all open positions.
I can make it available for download for interested Sonicer’s, please let me know.

Here are some screen shots:

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