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Sonic R. System

  • #57,361
  • Edited 9:08am Aug 24, 2013 8:58am | Edited 9:08am
Quoting Lucy Furr
{quote} "Beginning to see any potential in PVSRA?" Not really. Nothing that conventional VSA, or naked chart reading sans volume, achieves with less fuss. Maybe I'm just too old and dumb to see it (yes, that's what all the PVSRAers are screaming out now, "you are dumb!!") "Still bullish on UJ?" Never said I was bullish UJ. That was for Tymedu to consider as a profit target if he should find long entries through PVSRA and was wondering about profit targets, should it go lower to the area I marked. And we see using the 1 hour chart, where price...
Lucy, it is hard to see what isn't there. You suffer individuals with cognitive bias more gladly than I do, so your posts have been much more detailed, but they have been told all of this before. They are enthralled with the newbie concept of never taking a loss.

You don't see value because there IS no value. The reason I hit them with this every chance I get is because they are appropriating the ideas of other market theorists. This is intellectual theft. I think it is rather low to steal someone elses car, repaint it, and call it your own. That is what tah is doing in my mind.

Thank you for eloquently pointing that out yet again.
If you are good at something, never do it for free--Joker
  • #57,362
  • Aug 24, 2013 9:08am Aug 24, 2013 9:08am
PVSRA Results for 1st Twenty One Weeks

The following are the results of my trading the Sonic R. System using PVSRA to determine if it is a bull or bear market, and then trading the price action I see.

Week ending 04/05
1289 pips gained, 7 trades totaling 19 parts (18 parts winners), averaging 67+ pips per each of all parts.

Week ending 04/12
1891 pips gained, 9 trades totaling 28 parts (all parts winners), averaging 67+ pips per each of all parts.

Week ending 04/19
2160 pips gained, 9 trades totaling 31 parts (29 parts winners), averaging 69+ pips per each of all parts.

Week ending 04/26
2640 pips gained, 6 trades totaling 34 parts (all parts winners), averaging 77+ pips per each of all parts.

Week ending 05/03
2530 pips gained, 6 trades totaling 24 parts (23 parts winners), averaging 105+ pips per each of all parts.

Week ending 05/10
3050 pips gained, 7 trades totaling 33 parts (all parts winners), averaging 92+ pips per each of all parts.

Week ending 05/17
1590 pips gained, 7 trades totaling 16 parts (all parts winners), averaging 99+ pips per each of all parts.

Week ending 05/24
3980 pips gained, 7 trades totaling 40 parts (33 parts winners), averaging 99+ pips per each of all parts.

Week ending 05/31
4003 pips gained, 5 trades totaling 37 parts (34 parts winners), averaging 108+ pips per each of all parts.

Week ending 06/07
9813 pips gained, 9 trades totaling 61 parts (53 parts winners), averaging 160+ pips per each of all parts

Week ending 06/14
3900 pips gained, 2 trades totaling 15 parts (all parts winners), averaging 260+ pips per each of all parts

Week ending 06/21
4620 pips gained, 3 trades totaling 33 parts (all parts winners), averaging 140+ pips per each of all parts

Week ending 06/28
12,120 pips gained, 8 trades totaling 86 parts (82 parts winners), averaging 140+ pips per each of all parts

Week ending 07/05
3,440 pips gained, 2 trades totaling 22 parts (18 parts winners), averaging 156+ pips per each of all parts

Week ending 07/12
14,143 pips gained, 11 trades totaling 125 parts (115 parts winners), averaging 113+ pips per each of all parts

Week ending 07/19
215 pips gained, 2 trades totaling 7 parts (all parts winners), averaging 30+ pips per each of all parts

Week ending 07/26
1,170 pips gained, 2 trades totaling 25 parts (16 parts winners), averaging 46+ pips per each of all parts

Week ending 08/02
10,850 pips gained, 8 trades totaling 102 parts (87 parts winners), averaging 106+ pips per each of all parts

Week ending 08/09
7,784 pips gained, 4 trades totaling 72 parts (50 parts winners), averaging 108+ pips per each of all parts

Week ending 08/16
(-250) pips gained, 1 trades totaling 3 parts (0 parts winners), averaging -83+ pips per each of all parts

Week ending 08/23
6,750 pips gained, 3 trades totaling 49 parts (42 parts winners), averaging 137+ pips per each of all parts

All of these trades, all of the trade parts thereof, were posted real-time right here on the Sonic R. System thread, using crystal clear easy to understand charts and explanations regarding PVSRA reasons for entries, whether Classic or Scout trades.

Summary Week Twenty One

97,688 pips banked.
20,829 pips current draw down (net loss of all open PVSRA trades).
76,859 pips net gain (pips banked plus net loss of all open PVSRA trades).
3,660 pips weekly average net profit (weekly average net profit if all open PVSRA trades instantly closed).

Additional Remarks

I have one open non-PVSRA trade (first entered many months prior to PVSRA) that is down 17,242 pips (EJ short). For this trade to come into profit either the euro needs to weaken or the YEN needs to strengthen, or both. And both are more likely to happen than not. So, it is just a question of time. In any case, if I instantly closed this trade against my PVSRA net gains, I would still have 2,839 pips weekly average net profit over these past twenty one weeks! I doubt there are many traders at ForexFactory that can testify to such success as this, if any at all. I say this not to boast about myself, but about PVSRA. It is an effective real-time market analysis, so effective that it negates the old "truth" advocated by some, that one should never average down. It enables traders to trade the way professional traders do,.......and profit the way they do!

Final Remarks

This is the sixth week in a row now that the market has continued it's ranging on some major pairs, and continued it's shakeout of weak hands for some pairs. My plan remained unchanged. I continued adding to some open trades when PVSRA indicated good opportunities. I closed three trades and opened one new trade, with one part so far. Previously opened trades are still suffering draw downs because the pairs are still just ranging, so the "state of draw down affairs" that intimidates traders and tests the validity of PVSRA is still running it's course.

-tah
  • #57,363
  • Aug 24, 2013 9:26am Aug 24, 2013 9:26am
Quoting Lucy Furr
{quote} "Beginning to see any potential in PVSRA?" Not really. Nothing that conventional VSA, or naked chart reading sans volume, achieves with less fuss. Maybe I'm just too old and dumb to see it (yes, that's what all the PVSRAers are screaming out now, "you are dumb!!") "Still bullish on UJ?" Never said I was bullish UJ. That was for Tymedu to consider as a profit target if he should find long entries through PVSRA and was wondering about profit targets, should it go lower to the area I marked. And we see using the 1 hour chart, where price...
Now why didn't I say it like that? I'm afraid you will eventually come to the conclusion that this thread is like a pencil without lead...'Pointless'
  • #57,364
  • Edited 10:45am Aug 24, 2013 9:48am | Edited 10:45am
The Sonic R. System, and the Rest of the World

Sonicers,

As you know, I have numerous individuals on IGNORE, some because they are liars, and some because they promote ideas that I do not wish to be distracted by. There are times in life you need to block out both those things that are untrue and those things that are unnecessary, in order to stay focused and on the correct path. For me, PVSRA is a Godsend, so I use this analysis and I am profiting more that ever before because I am using it. The Sonic R. System is elegantly simple and effective and so is PVSRA. I find I do not need anything more. Period! Yes, there are other techniques. There have always been other techniques. What makes PVSRA so helpful to me and so many others? The answer lies in what has made the Sonic R. System thread the most successful thread at FF. Simplicity.

In order to help a large number of people with a trading method, the method must be very easily transferable to those people, some of whom will be very astute and some will not be. Yet the method must be easy for all to understand and to implement. This is what has made the Sonic R. System so popular. It is elegantly simple, as well as effective. Is the concept of using a moving average line (the 34 ema in our case) unique? It is inventive? Is it a new discovery? No! But the way that the Sonic R. System is put together by Sonic, it is most easily understood and usable by most people. That is the key to helping the most people, and the key to the success of the Sonic R. System. And that is the key to the success of PVSRA, too; elegant simplicity!

As you know, there are those that accuse PVSRA as being some sort of "knock off" of other long existing ideas. And for this, they lambaste it. Do you see them lambasting the Sonic R. System for being a "knock off" of the long existing idea of using a moving average? No! So, what is going on! Well, for one thing, you might consider the personality and the true motives of those that attempt to sabotage both PVSAR and me. They never came here prior to PVSRA to attack the use of our Dragon, or the use of our Trend Line, or to attack Sonic because he gave the method a special name, and called it SonicR! But, as soon as traders began to use PVSRA and began to make unsolicited posts about their remarkable success with it, in came the self-appointed exterminators!

I have always considered (and have said so from the start) PVSRA as just the marrying of the prior use of Price (action) and Volume with a unique use of Support and Resistance to form an Analysis. You see the caps forming the acronym PVSRA. What makes this analysis unique is the use of the premise that those that move prices in the market prefer to build shorts above whole SR and other key S&R levels, and they prefer to build longs below whole SR and other key S&R levels. You will not find this premise statement in any preexisting body of literature associated with the market. I challenge all the self-appointed lying "PVSRA exterminators" to show otherwise! Nor will you find the statement of the logical next step, which is to use that premise to look for such activity and then to identify if the price movers are doing what they are doing as being bulls or as bears, and then to use that information in whatever strategy you wish to apply to the trading of Sonic R. System of Classics and Scouts. Elegant, effective simplicity!

So, Sonicers, you can see that these self-appointed "Sherrifs" are nothing more than mean spirited, ill-wishing personalities that cannot keep their lies straight. My suggestion is to put them all on IGNORE, and be done with them forever more, as well as any others you wish because are promoting what is not necessary. If any of you wish to know my current list of "ignored" personalities, just PM me or post here your request and I will reply. There is nothing that can be done about the space these personalities waste on this thread, even if it is a space just saying, "Post Hidden Per Ignore." But there is something you can do about the space these personalities desire to waste in your mind. In my opinion, while some such personalities outwardly aim their posts at me, they are really after destroying your opportunity for greater success. My opinion that these liars and promoters are not genuinely concerned for your success is supported by the fact that not one of them has taken up the considerable task of helping you by way of continuous detailed instruction and real-time demonstration of anything that is both as effective and as simple to implement as what we already have here at the Sonic R. System thread.

-tah
  • #57,365
  • Aug 24, 2013 10:05am Aug 24, 2013 10:05am
Quoting traderathome
The Sonic R. System, and the Rest of the World Sonicers, As you know, I have numerous individuals on IGNORE, some due to their personality and some because they promote ideas that I do not wish to be distracted by. For me, PVSRA is a Godsend, so I use this analysis and I am profiting more that ever before because I am using it. The Sonic R. System is elegantly simple and effective and so is PVSRA. I find I do not need anything more. Period! Yes, there are other techniques. There have always been other techniques. What makes PVSRA so helpful for...

Thanks prof tah. I also make quite decent recently by building position prior to range (high/low) & also by sonic scout using volume.

My banked pips is about 9000+ in this month, but the difference thing that I play with pvsra is I tend to close trade before a certain "tp", I close when I check the profit is roughly 30-50 pips(very short term trade) to reduce my position and to constantly increase my equity or I close a batch of trades at a certain point e.g for euro I close at 1.32 or 1.33 previously.

Holding trade for long is a discipline issue for me, but taking profit constantly using sonic scout also prove to be profitable for me.

Thanks for showing the profit and amount of pips you make over the past few weeks. definitely a god send.
Trading is something special.
  • #57,366
  • Aug 24, 2013 10:08am Aug 24, 2013 10:08am
So, Sonicers, you can see that these self-appointed "Sherrifs" are nothing more than mean spirited, ill-wishing personalities that cannot keep their lies straight. My suggestion is to put them all on IGNORE, and be done with them forever more.

-tah

So if we are all on your IGNORE list then how do you know what we have been saying lol
  • #57,367
  • Edited 11:04am Aug 24, 2013 10:32am | Edited 11:04am
Quoting JRissa
{quote} Yeah, you're right. I'm with Alpari UK and using micro lots (0,01). I'm very much trading PVSRA scout entries heavily with small account. The trick is to time entries right and also; I can hedge if needed and done it also.
Ok, i see, thank you! Why i asked you, because you said you started from 100, but minimum deposit of AlpariUK is 200.
Everything is possible!!! Step by Step...
  • #57,368
  • Edited 1:22pm Aug 24, 2013 10:35am | Edited 1:22pm
thank you traderathome and Sonicers for the wonderful way, to analyze the market.
it helps me a lot in my strategy :-)
red lines are losses. green lines are gains.
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  • #57,369
  • Edited 11:17am Aug 24, 2013 10:51am | Edited 11:17am
Quoting baokydev
{quote} Thanks prof tah. I also make quite decent recently by building position prior to range (high/low) & also by sonic scout using volume. My banked pips is about 9000+ in this month, but the difference thing that I play with pvsra is I tend to close trade before a certain "tp", I close when I check the profit is roughly 30-50 pips(very short term trade) to reduce my position and to constantly increase my equity or I close a batch of trades at a certain point e.g for euro I close at 1.32 or 1.33 previously. Holding trade for long is a discipline...
Yet Another SonicR Success Story!

baokydev,

Congratulations on your successful implementation of PVSRA; 9000+ pips this month!

Many other Sonicers could benefit if you would post a real-time trade now and then to demonstrate your manner of PVSRA implementation, and your manner of trade setup and profit taking discipline. This is great news, baokydev! You could make an important contribution to this thread by sharing. Not only would it help others, but it would also serve to counter the lies being posted by non-Sonicers and give heart to those Sonicers that might be distracted by or susceptible to such posters.

Helping others is what this thread is all about. It is why Sonic created it. Nothing speaks louder than the truth, and you have the opportunity here to help see to it that the truth is heard!

One For All and All For One,
-tah
  • #57,370
  • Aug 24, 2013 11:16am Aug 24, 2013 11:16am
Quoting traderathome
{quote} Yet Another SonicR Success Story! baokydev, Congratulations on your successful implementation of PVSRA; 9000+ pips this month! Many other Sonicers could benefit if you would post a real-time trade now and then to demonstrate your manner of PVSRA implementation, and your manner of trade setup and profit taking discipline. This is great news, baokydev! You could make an important contribution to this thread by sharing. Not only would it help others, but it would also serve to counter the lies being posted by non-Sonicers...

Hi Tah,

Thanks for the great words. Actually there is no need to prove to anyone that PVSRA is successful. I think a lot of Sonicers here are already enjoying the profit.

I think PVSRA was successful because of several reason:

Money Management - using small lot to continuously build position.
Range Trading - MM push price up / down in range trading, tentatively MM like to add position at previous high / low.
Volume is especially high at near whole number / whole number + 20 pips then a trap is setup to retrace.

I think PVSRA is a tool or an indicator to show us the original trading fundamental - Support & Resistance & also Supply & Demand.

Every support/resistance got chance of MM adding position and reverse the trend.


The only downside I find playing forex with PVSRA is with the drawdown but could be tackle by trading with lots that can hold drawdown and or strong holding power.


Using PVSRA, continously taking profit style instead of set a TP and take profit at a go. I manage to bag 6500 realised profit, (9000 pips with current 2500 pips draw down) and reverse my account loss into profit gain of 500% of the loss which I can quite satisfy with within a month.

I am not a new trader, just that I been using different trading strategy through my 3 years of trading, but I think ultimately trading is about Money Management and Support / Resistance, Volume & Price Action which is PVSRA.
Trading is something special.
  • #57,371
  • Aug 24, 2013 11:34am Aug 24, 2013 11:34am
Quoting baokydev
{quote} Hi Tah, Thanks for the great words. Actually there is no need to prove to anyone that PVSRA is successful. I think a lot of Sonicers here are already enjoying the profit. I think PVSRA was successful because of several reason: Money Management - using small lot to continuously build position. Range Trading - MM push price up / down in range trading, tentatively MM like to add position at previous high / low. Volume is especially high at near whole number / whole number + 20 pips then a trap is setup to retrace. I think PVSRA is a tool or...
"...no need to prove to anyone that PVSRA is successful."

Hi baokydev,

Thank you for the quick reply. Reading it, and thinking, it occurs to me that sometime a demonstration of the points you make would be helpful to all of us.

I inferred you make entry in/near the 20ish pips zone beyond the whole SRs at the tops/bottoms and that you set your exits for modest profits instead of enduring the gauntlet in anticipation of bigger runs, a sort of "Don't let your winners ride, but grab your profit!" strategy that is working extremely well because you experience less in the way of draw downs, are more frequently adding to the account and therefore are in a better position to take advantage of new opportunities.

Inasmuch as I might or might not understand these things, and might not have realized something else you are doing of importance, I do hope you will annotate a chart picturing a trade, either as part of demonstrating a real-time trade, or as a treatise of a completed trade, so as to cement the nature of all the key considerations.

I am looking forward to any "picture that is worth a thousand words" that you might contribute, as I am sure many other Sonicers also are.

Thank you, and again, congratulations,......9000 pips!

-tah
  • #57,372
  • Aug 24, 2013 11:58am Aug 24, 2013 11:58am
Quoting DmitryFX
{quote} Ok, i see, thank you! Why i asked you, because you said you started from 100, but minimum deposit of AlpariUK is 200.
Not true. For opening account at Alpari UK the minimum deposit is indeed 200€. After you have opened account already, there's no minimum deposit amount. You can even deposit 10€ if you want to

I started trading Sonic R +PVSRA with 100€ on my account. Before that, I tried everything else and always failed at the end...

My post after first week with PVSRA;


Quoting JRissa
{quote} Past few days, many have asked about volume histogram. Answers are repeated by Professor TAH many times. If You just read few days posts back, You will have better understanding about volume. You also criticized that people are drawing waves and lines to past charts, but if You take the time to read past posts from same people, you'll see those exact same waves drawn to live charts when they were just forming. Those reposted updated charts are for telling people how the trade went. Also You criticized that you don't know if posters even...
I know the secret...
  • #57,373
  • Aug 24, 2013 12:07pm Aug 24, 2013 12:07pm
Quoting JRissa
{quote} Not true. For opening account at Alpari UK the minimum deposit is indeed 200€. After you have opened account already, there's no minimum deposit amount. You can even deposit 10€ if you want to My post after first week with PVSRA; {quote}
Now it's clear! Thanks again! To open first account I need 200.
Everything is possible!!! Step by Step...
  • #57,374
  • Aug 24, 2013 1:08pm Aug 24, 2013 1:08pm
Hmmm, some kind of H&S at 4h chart of EU formed...
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd-h4-hf-markets-ltd.png Size: 34 KB

Everything is possible!!! Step by Step...
  • #57,375
  • Aug 24, 2013 2:31pm Aug 24, 2013 2:31pm
Quoting traderathome
{quote} EU Short Trade: Added shorts #11 thru #13. Scouts. Shorts #11 and #12 were added last week soon after #10. It was a busy week and as with some others that I will update later, I did not get around to doing so at the time. I just added #13. Adjusted TP. {image}
Hello Tha, in reference to your operations short of EU, the attached graph below, are still in progress?
No to make controversy but simply to understand how to move in these situations.
With my deep respect. Thanks
Antonio

http://www.forexfactory.com/attachme...4&d=1374488027
  • #57,376
  • Aug 24, 2013 2:32pm Aug 24, 2013 2:32pm
Quoting DmitryFX
Hmmm, some kind of H&S at 4h chart of EU formed... {image}
H/S spotted on GA 1H too...
Attached Image (click to enlarge)
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I know the secret...
  • #57,377
  • Aug 24, 2013 10:26pm Aug 24, 2013 10:26pm
Quoting wingate
"Thanks prof tah. I also make quite decent recently by building position prior to range (high/low) & also by sonic scout using volume." Thanks Professor Tah... if I hear this comment one more time I think I am going to puke

Do not puke, instead, read this......

http://www.thebullbear.com/forum/top...dinary-popular
If you are good at something, never do it for free--Joker
  • #57,378
  • Aug 24, 2013 11:19pm Aug 24, 2013 11:19pm
Quoting JRissa
{quote} H/S spotted on GA 1H too... {image}
And AUssie:
Attached Image (click to enlarge)
Click to Enlarge Name: audusd-h4-hf-markets-ltd.png Size: 41 KB
Everything is possible!!! Step by Step...
  • #57,379
  • Aug 25, 2013 12:34am Aug 25, 2013 12:34am
Quoting DmitryFX
GBPUSD Because of sentiments of most traders are about shorts GU I suppose MM's will push it now even more high to weep out weak SL's. Very possible target could be FIBO 61,8 level. {image}
So, 61.8 fibo at CABLE was well respected:
Attached Image (click to enlarge)
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Attached Image (click to enlarge)
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Everything is possible!!! Step by Step...
  • #57,380
  • Aug 25, 2013 1:37am Aug 25, 2013 1:37am
Why does PVSRA work?

The evidence is right there in our face. Many novice and frustrated experienced traders have been honest and showed their trading results. We see many encouraging results, accounts up ~50,100,200,500% based on the use of PVSRA. Therefore, how can those dumbheads at professional hedge funds then only be making 15~25% a year and be regarded as financial geniuses, and claim to have 'above market returns'? Why are they then also getting paid US$ 100k, or 1 mio, even 10 mio, or even 100 mio in salary and bonuses, when guys with less than 2 years experience can generate 10 times what they generate in profits? C'mon, everyone using PVSRA, with good results, is secretly thinking this!

Lets deconstruct to the basics. As with any averaging system it will work very well in non-trending markets. As the general price history shows that markets churn, fluff back and forth, and non-trend for 60~80% of the time. So PVSRA should make stellar returns during those periods. As I only have around 20 weeks of TAH's results (before ignoring him), we should examine those results against price movements, and then do a careful analyses of that price history, to see if it is reflective of general price history, or did we just hit a 'honey spot' or some form of price aberration?

usdjpy

The period of PVSRA results are for roughly the last green box. The prior pink box, with a relentless up trend, and a lazy 17,000 pips hasn't been accounted for. The other large pink box is 14,800 pips. So you need to have at least that much tolerance in your account to allow for just trading this pair. These may not be 'the perfect storm' that TAH believes doesn't exist, (due to his limited, skewed biased data set) but they are definitely things that need to be understood to help to keep your account healthy, and risks minimised. The other green boxes are areas where many happy pips should have been generated and PVSRA should have flourished.

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eurjpy

Heck of a trend, using PVSRA on that would be a painful 'work in progress'. I really don't think much can be added as a comment.

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gbpusd

It's pretty clear where the 'play' and 'don't play' areas are.

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usdcad

This looks like the perfect PVSRA play, choppy, non trending, nice retracements. This should be definitely on the PVSRA watch list!

Attached Image (click to enlarge)
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So if you're going to use PVSRA, don't just blindly enter as per 'the rules', actually take a look at the market and work out if it's trending, or choppy. You will have more fun in choppy markets!!!!

How to account for the stellar profits then?

So if we take an average account for novices, maybe 200$ (use whatever you think is a better number). Taking a rough average from successful posts as to draw down of say 20% (again do your own research) and give a successful trade result of +30% (change as you wish to your experience). We have no stop loss. As markets churn 60~80% of the time, lets us use 8 trades out of 10 will be PVSRA friendly. So the account base will rise per trade
1st trade +230
2nd trade +299
3rd +389
4th +506
5th +658
6th +855
7th +1112
8th +1446 +++++723%%%%%%%%%%%%%%%%%%%%%%%%%% wooo hooooooo!!!!!!!!!
9th trade?????? will we be in a range or will we be against the trend?

So it's quite easy to explain how some PVSRA results can generate 500% or greater in just a short number of trades. In fact if PVSRA traders aren't generating these types of results then they need to get on board the gravy train! What happens if the 9th trade is the trade that is going to pop the trend? The trade that takes eurjpy from 97.00 to 130.00 without any pullback. Don't worry, TAH says these trades never happen. Except he has a EURJPY trade and it's current draw down was roughly 20% of accumulated profits. But let's not let the facts get in the way.

Now it's easy, to have a 200$ account, let it drawdown to 20%, or greater. Because it's not serious money. I'm down 20$, or 30$, what is that really? A few beers and a burger, a movie ticket and popcorn? To even lose the 200$ account is nothing, is just a few days work in a basic job, or a dinner out with a couple of bottles of wine. Now say it's a 'real money' account 100k US$, or 250k US$. A 20% drawdown is car, a deposit on a house, maybe even a house in some parts of the USA. Can you really afford to replicate this averaging method when real money is on the line?

The goal of trading is not to make money. The goal of trading is to maintain your capital to allow you to make money. You want to make sure that you are around for a long time, not just a good time.

So if you want to use PVSRA as a form of analysis, then you need to understand it's weaknesses and flaws. The strong part of it will take care of itself. Find churning markets, stay out of trending ones.

Alexander the Great had a simple battle plan. Attack the enemy where they are strongest, because that is where they think they are the weakest.
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