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Sonic R. System

  • #56,521
  • Aug 15, 2013 8:38pm Aug 15, 2013 8:38pm
Quoting trexy123
{quote} lossing big time on GU and usd pairs ! the more i add shorts the more it goes up!
Yep, you are not alone.

Know what? The MM's are observing this thread, they know how we are positioned, they know many of us are trading novices, they know many of us are scared loosing. They want to kick us out and steal our money.

Be patient ...
  • #56,522
  • Aug 15, 2013 8:40pm Aug 15, 2013 8:40pm
Quoting futurespeter
{quote} Yep, forexfactory and myfxbook are showing similar statistics. Assumed that most of the retail traders are loosing this can be used as a contra indicator. {image} So long as 70% retail traders are short positioned in EU/ GU the MM's will probably continue pushing the price against them, means higher highs.
Also b/c it's human nature to pick tops and bottoms.
insanity: Doing the same thing over... and expecting different results -AE
  • #56,523
  • Aug 15, 2013 8:42pm Aug 15, 2013 8:42pm
Quoting futurespeter
{quote} Yep, you are not alone. Know what? The MM's are observing this thread, they know how we are positioned, they know many of us are trading novices, they know many of us are scared loosing. They want to kick us out and steal our money. Be patient ...
This is exactly the psychology. To shake us out.
insanity: Doing the same thing over... and expecting different results -AE
  • #56,524
  • Aug 15, 2013 8:47pm Aug 15, 2013 8:47pm
Quoting futurespeter
{quote} Impressive. @all Adding trade elements should be limited, my limit is 20 elements per pair. tah's limit is 30 elements if I am not wrong. But everybody have a different risk appetite. Some weeks ago I did write about the risk of catching big, really big moves (x 100 pips moves aren't big), in case of ongoing adding trade elements Mr. Margin Call will ring despite trading lowest lot sizes. {quote} EU/ GU (and general all pairs) The only thing we know is that the MM's are pushing the price up, means they are bears. We do not know how long...
Totally agree here. And humbly accepting defeat by my own "over trading" . The problem is this constant consolidation for long periods of time, tricks us (at least it tricks me) into adding more positions. The true of the matter is, based on when I entered to now, If I kept to my original plan, I would have only around 12 scouts in this trade. I currently have 40. Would have been better for me to wait this one out and find greener pastures as I've already saturated my positions. We live and we learn. Maybe the next time I go into profit, I'll exit and wait for re-entry. But there might not be a next time (especially if the run happens).

-qFish
insanity: Doing the same thing over... and expecting different results -AE
  • #56,525
  • Aug 15, 2013 8:49pm Aug 15, 2013 8:49pm
Quoting Msis125125
This is all my current trades, so everyone can refresh where are we on the PVSRA system. Current DD 20180 pips. All time profit 56333 pips. {image} {image} {image} {image} {image} {image} {image} {image} {image} {image}
You are on another level brother.
insanity: Doing the same thing over... and expecting different results -AE
  • #56,526
  • Aug 15, 2013 8:50pm Aug 15, 2013 8:50pm
Quoting qFish
{quote} EU: If most traders are currently short, where do you think their stop loss are at :-). If I were MM's I would drive it right up there and collect those sitting ducks before my run down. In addition, b/c most traders are short, there is low liquidity for MMs to collect shorts. So what? So manipulation begins to take them out, and lure in longs, which means masking themselves with BULL price action (breakout play to the north). If they do false breakout, they are collecting the shorts at higher prices. If they play the breakout, they are...
Your conclusion is correct, qFish.

BUT the retail traders are not only currently positioned as posted, the statistic didn't change the last weeks.


Quoting kekkis
{quote} TAH have you watch Dukascopy,Oanda and Saxobanks Sentiment index. If I understand correctly those are showing most of the retail traders are short EU example saxo 72%, if thats true MM,LP are trying to knock out some of those shorts , and profit taking they longs, and they are pushing price up. or Is it opposite.

Quoting traderathome
{quote} Most people being short does not mean they are wrong! If they are right, then the MMs must (because they are greedy arrogant bastards) try to steal those positions away from the shorts. They do this by putting on bullish PA to try and stop out those shorts!

Every time the MM's did push up we we did found new explanation for the potential next reverse, next relative high, next full/ half number, next news release and so on. We know nothing except the MM's are doing their job and our hope for reverse. We are hoping.
  • #56,527
  • Aug 15, 2013 8:54pm Aug 15, 2013 8:54pm
Quoting qFish
{quote} Totally agree here. And humbly accepting defeat by my own "over trading" . The problem is this constant consolidation for long periods of time, tricks us (at least it tricks me) into adding more positions. The true of the matter is, based on when I entered to now, If I kept to my original plan, I would have only around 12 scouts in this trade. I currently have 40. Would have been better for me to wait this one out and find greener pastures as I've already saturated my positions. We live and we learn. Maybe the next time I go into...

A valuable lesson, and a cautionary tale.
If you are good at something, never do it for free--Joker
  • #56,528
  • Aug 15, 2013 8:55pm Aug 15, 2013 8:55pm
Quoting qFish
{quote} You are on another level brother.

Yep, she is. Am I wrong, I thought she is a lady?
  • #56,529
  • Aug 15, 2013 8:57pm Aug 15, 2013 8:57pm
Quoting qFish
{quote} EU: If most traders are currently short, where do you think their stop loss are at :-). If I were MM's I would drive it right up there and collect those sitting ducks before my run down. In addition, b/c most traders are short, there is low liquidity for MMs to collect shorts. So what? So manipulation begins to take them out, and lure in longs, which means masking themselves with BULL price action (breakout play to the north). If they do false breakout, they are collecting the shorts at higher prices. If they play the breakout, they are...


Well stated ... I would have to agree.... the more you study this the more it makes sense...why else would smart money be pushing the price around so much...1 simple reason..$$$....the waves are necessary part of price action .....You are starting to talk like TAH

thanks for the hanging man doji info!

one other point for all...take a look at most 4 hr charts any pair ... pick a point in the middle and in your mind take a Long and short position... do both directions become profitable in most cases within 20 days? of course you will have instances where this is not the case ....but the answer may surprise....add pvsra and your probabilities increase...

It is our combined edges that surely will make a difference in our trading.....
Entries in the wicks over and over **PVSRA rules!
  • #56,530
  • Aug 15, 2013 9:02pm Aug 15, 2013 9:02pm
NZD-JPY- Asian session price pushed up to whole number with high volume with spread
Attached Image (click to enlarge)
Click to Enlarge Name: nzd-jpy.PNG Size: 56 KB
Creditors have better memories than debtors.
  • #56,531
  • Aug 15, 2013 9:07pm Aug 15, 2013 9:07pm
Quoting omadivi
{quote} hello tah, i know i'm not your biggest fan, but i'm interested in what is going on in this thread. i've got some questions. 1. How long is a signal valid for? because within the last few days you have gone long and short on the GJ, and a trader like tymedu has been shorting the EU and GU for days. what happens when you are shorting and PSVRA signal changes and says you should buy? Or is each signal equivalent to a certain number of pips? 2. Taking the EU example, it has done about two major dips within the last few days. Would it not be...
I suggest you read all the material here on PVSRA. There is a PDF in post1 and much posted since the beginning of April.

How long is a signal valid for? When it starts to rain, do you know how long before sun shines again? We can know if the MMs are bulls or bears with a proper PVSRA. We can never know how far, how long before they change direction. If PVSRA indicates the MMs are bears today, and tomorrow PVSRA begins consistently indicating they are bulls, then they are bulls. How you use this analysis in your trading is up to you. You can use it to qualify Classics and to qualify Scouts. The key with PVSRA is that if you enter a trade based on a proper PVSRA indication and the price later reverses, but PVSRA continues to indicate the same as before, then you have visibility you never had before without PVSRA. How you use this information is up to you.
  • #56,532
  • Edited 9:44pm Aug 15, 2013 9:21pm | Edited 9:44pm
PVSRA, Again Tested and Proven Reliable

Yesterday GU suddenly reversed and ended about 150 pips higher than it started. Same with EU, up about 100 pips. Rioting and killing in the streets of Cairo. Really, does this have any relationship to the value of the Pound against the USD, or to the value of the Euro against the USD? Do you all know why the prices took off upwards?

Look, PVSRA has labeled the MMs as bears on these currencies. And, it was worldfreedom I think that once said the market makers are allow to ram price as much as 200 pips a day "without cause" (meaning for personal profit, maybe) and it is okey with all the folks that don't regulate this unregulated market because that sort of move is not considered to be extravagant enough to precipitate anything uncontrollable. So, some wild happenings hit the news and WHAMO! The bastard market makers did what they always do in such situations. They ram the price in the direction that will eventually make them the most money. PVSRA has labeled the bastards as bears. And these bears did what they always do to build a profitable position. They rammed the price up, sucking in longs so they could get more shorts, and stopping out existing shorts so they could get more shorts! Shorts! Shorts! Shorts! It was all about the MMs getting more shorts! They are, after all, BEARS!

PVSRA has once again, and under a dire and unpredictable situation once again, proven itself. We can know if the MMs are bulls or bears. We can never know where and when they will reverse price. We plant when they plant. We harvest when they harvest. The MMs have their plans and they have their time tables for their plans. Don't always be looking for "instant gratification". You learned a lesson today. The MMs are dirty rotten stinking greedy bastards that will stop at nothing to make more profits. They manipulated this detour today for that reason and that reason only. They saw an opportunity, and they took it. And now you all know that if you are position building, you need to trade very, very light relative to account size (geez, I wish I had a dollar for every time I have typed this out!).

If any trader is in difficulty, it is not the fault of PVSRA because PVSRA has been correct. It is the fault of the trader not sufficiently heeding the often repeated advice to trade very, very light relative to account size. Those of you that did heed this advice are in a position to take advantage of the move put on by the market makers to take advantage of you!
  • #56,533
  • Aug 15, 2013 9:38pm Aug 15, 2013 9:38pm
Quoting traderathome
PVSRA, Again Tested and Proven Reliable Yesterday GU suddenly reversed and ended about 150 pips higher than it started. Same with EU, up about 100 pips. Rioting and killing in the streets of Cairo. Really, does this have any relationship to the value of the Pound against the USD, or to the value of the Euro against the USD? Do you all know why the prices took off upwards? Look, PVSRA has labeled the MMs as bears on these currencies. And, it was worldfreedom I think that once said the market makers are allow to ram price as much as 200 pips a day...
Typical guru speak, it's never the method, it's always the trader.
If you are good at something, never do it for free--Joker
  • #56,534
  • Aug 15, 2013 10:05pm Aug 15, 2013 10:05pm
Quoting traderathome
GU Short Trade (Alternate Account): I have added a second short component to this trade that has been running on this pair since the spike some days back. This is a second trade, different account, larger size entries. No TP at this time. {image} {image}
GU Short Trade (Alternate Account): I was stupid and set a SL on this! I did not see a high probability of it going higher, so a safe SL. Really? A safe SL! No such thing! The first one in many moon, and it bit me! So, all trades were closed, which included #3, a Scout added since the previous post.

There goes 250 pips lost because I licensed the market to steal my money, and it did! They were larger sized components, but still not much loss, fortunately. I will look to get back in.
Attached Image (click to enlarge)
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  • #56,535
  • Aug 15, 2013 10:07pm Aug 15, 2013 10:07pm
Quoting jmn5611
{quote} Typical guru speak, it's never the method, it's always the trader.
How the fuck are you still alive? Where is ignore button?
There is no spoon....
  • #56,536
  • Aug 15, 2013 10:10pm Aug 15, 2013 10:10pm
Quoting traderathome
{quote} GU Short Trade (Alternate Account): I was stupid and set a SL on this! I did not see a high probability of it going higher, so a safe SL. Really? A safe SL! No such thing! The first one in many moon, and it bit me! So, all trades were closed, which included #3, a Scout added since the previous post. There goes 250 pips lost because I licensed the market to steal my money, and it did! They were larger sized components, but still not much loss, fortunately. I will look to get back in. {image}
Dude last I remember you had like 25-30 scouts on GU? Now you had 3? How come?
There is no spoon....
  • #56,537
  • Aug 15, 2013 10:12pm Aug 15, 2013 10:12pm
Quoting Msis125125
{quote} How the fuck are you still alive? Where is ignore button?
click on his nick and then select "add to ignore list"
  • #56,538
  • Edited 10:29pm Aug 15, 2013 10:14pm | Edited 10:29pm
Quoting traderathome
PVSRA, Again Tested and Proven Reliable Yesterday GU suddenly reversed and ended about 150 pips higher than it started. Same with EU, up about 100 pips. Rioting and killing in the streets of Cairo. Really, does this have any relationship to the value of the Pound against the USD, or to the value of the Euro against the USD? Do you all know why the prices took off upwards? Look, PVSRA has labeled the MMs as bears on these currencies. And, it was worldfreedom I think that once said the market makers are allow to ram price as much as 200 pips a day...
Tah

This posting is no offense, I appreciate your efforts and respect you.

We all know that PVSRA is a great tool. But we are here to make money, not to loose money.

We are doing what we did learn, planting.

Traders here are planting 50, 100 trades per pair. That is crazy, you know that and it is time for advice.

I would be happy if you continue showing your EURUSD/ GBPUSD and other trades, that's the only way for learning and changing to the good.

Quoting traderathome
{quote} EU Short Trade: Added short Scouts #21 - #24. Adjusted TP. {image}
Quoting traderathome
{quote} GU Short Trade: Added shorts #20 and #21, Scouts. {image}
We have to learn to handle this kind of trading. It is no shame posting chart position in drawdown, I do so, currently my DD is 5800 pips. It is necessary to show the risk and dark side of this style of trading.

AND, low lot sizes don’t prevent marging call’s in case of strong moves. 300.000. 500.000 or more than 1 Mio pips DD are realistic, may be once a year and only one pair, BUT they destroy your previous profit and account.

Regards

futurespeter
  • #56,539
  • Aug 15, 2013 10:18pm Aug 15, 2013 10:18pm
Quoting Msis125125
{quote} Dude last I remember you had like 25-30 scouts on GU? Now you had 3? How come?
Msis,

If you will just read the posts! First trade, the more extensive one is still running. This second trade was on a different broker account of mine. Negligible damage, except for my pride. I disavow the use of SL, and what was I thinking to put one on that trade? Well, I received additional confirmation, reinforcement, to stick to what I know works best for me.
  • #56,540
  • Aug 15, 2013 10:23pm Aug 15, 2013 10:23pm
Quoting tgdrela1
Dear fellow traders, First of all thanks to TAH. You have provided us readers with first class information on how to Master SonicR. I don't know if there are many traders using JForex as a trading platform. I am one of those and I was always switching between metatrader and jforex. Now I have spent the last 5 days (and nights) coding the indicators based on TAH template and here is the result as a screen attachment. PVA_CANDLES (I draw the new candles over the original ones) PVA_Filled_Dragon(....you should know this one by now) PVA_Volumes(........
DREAMS have to became the reality!!!
THANK YOU!!!
Everything is possible!!! Step by Step...
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