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Sonic R. System

  • #57,421
  • Aug 25, 2013 4:35pm Aug 25, 2013 4:35pm
Quoting wingate
"...no need to prove to anyone that PVSRA is successful." blah, blah, blah...yawn, yawn, yawn

Ignoring another trolly. The thread is a little bit cleaner now...
Life is climbing
  • #57,422
  • Aug 25, 2013 4:36pm Aug 25, 2013 4:36pm
Quoting traderathome
{quote} I seem to remember worldfreedom commenting on brokers a few months back, though I do not know if he mentioned anyone in particular that might help. Perhaps he will comment more on this, as he too is in USA.

I personally use three brokers. Citifx(citibank), MBTrader, and Interactive brokers. I have found these brokers to be the most honest in trading. I have used many others but I caught them cheating me on fills and accounting.
  • #57,423
  • Aug 25, 2013 5:14pm Aug 25, 2013 5:14pm
Quoting ArtfulDodger
{quote} Once again, you overlook the intent of a message and respond with an attacking mentality. I really think you would benefit by re-reading all of your OWN posts to this thread. You indicated to us that you would begin posting real-time trades that would clearly show what you are espousing. I only recall ever seeing one or two such postings, and those didn't show much of anything. Then you seemed to have fallen into the void. Now, all we hear from you is your "attack mode" garbage. Lucy Furr at least makes an effort to back up his viewpoints...
A very good trading method does not require thousands and thousands of pages to convince. I put the template up, it is unassailable. It does not need anything else. I am not brow beating you Art. If YOU wish to know more from me, feel free to participate there. Now, as far as being here goes, I have shown, before Lucy got here, that this method does not even require a chart, just average down till you run out of money or get it right. That is not browbeating, that is simply truth.

Lucy has been kind enough to expand greatly on that truth. I do hope you are listening.
If you are good at something, never do it for free--Joker
  • #57,424
  • Aug 25, 2013 6:40pm Aug 25, 2013 6:40pm
Quoting traderathome
{quote} ForexSwag, First off, I gotta say that I love your "GIMMIE LIQUIDITY". Now, what makes this CHFJPY pair attractive? Is it not just like most all YEN pairs at this stage? And does it not have a higher spread (and maybe a smaller range, too)? What do you see is the advantage of it?
With CHF pegged to EUR since late 2011, you might as well pick the pair that has the lower spread between the 2. The charts are nearly the same. EJ usually has a lower spread.
  • #57,425
  • Aug 25, 2013 6:53pm Aug 25, 2013 6:53pm
I won't get in the battle about the methods here but just wanted to add a note of caution.
For those that keep adding & think price "must" turn around soon, just look at a monthly chart of EJ that TAH is stuck in with a drawdown.
With price currently @ 132, if history repeats then price could return to 170 just by returning to previous swing high.
Maybe some reviewing of the monthly charts could help determine how quickly you want to add & at what point do you pull the plug & accept the fact that every trade will not work. Cutting it off will still yield a nice return in the long run rather than letting one trade wipe out your long history of profits.
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  • #57,426
  • Aug 25, 2013 7:58pm Aug 25, 2013 7:58pm
Quoting traderathome
{quote} Several: Alpari (US), FXDD, FXCM, and always looking for tips that could lead to improvements.
One of the three I use that has not been mentioned here is AxiTrader, low spreads, New York close candles and Trading Account Interest paid monthly and it said accept US clients.
I am looking for one more and will review some of the options just mentioned in the thread. Taking advice from Islander, split them up in case one goes bust.
Ched
  • #57,427
  • Edited 10:14pm Aug 25, 2013 9:58pm | Edited 10:14pm
Quoting traderathome
UJ: Even though it is post LS now, I am watching UJ for a new trade with an initial short entry around 98.75, a 50% retrace of the drop. If price gets there, and then goes higher, I intend to add more to the short trade. Edit: Opened new UJ short trade with short Scout #1, fib 50% retrace based and M1 PVSRA qualified. I have two additional pending short Scout insertions between here and the whole SR. {image} {image} {image}
UJ Short Trade: Added short #2, a Classic entry. The dragon is only slightly angled down and it is well before the LS, so things could completely change, followed by another short setup coming much later. On the other hand, the YEN pairs look precariously overbought to me, which is only an opinion, but it does make me want to enter here just in case the MMs start price down. If the MMs push price up instead, and far enough, I will add more to this short trade via short Scout(s).
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  • #57,428
  • Aug 25, 2013 10:43pm Aug 25, 2013 10:43pm
Quoting kekkis
{quote} Please Lucy , stop throw those black swans, long term capital market, you look like you just read those things couple years ago and now its your mantra. How you define trend one, minute hour, days, months years. Its really depend what is you trading plan, investment horizon,are you trading milliseconds,seconds,minutes, hours,days,months....... Its also working with trends too I just made example for you how to use with value area, with short term trend. USDCAD. You still not understand, some people are using pvsra different way, using different...
Response to Lucifer

kekkis,

What a post!

Great going, Sonicer!

Love it,
-tah
  • #57,429
  • Aug 26, 2013 12:18am Aug 26, 2013 12:18am
Quoting Splink
{quote} Ignoring another trolly. The thread is a little bit cleaner now...
. Only in FF. Please ignore these scum bags and don't make conversations with them. They will ask for your money next. Don't throw the dogs a bone. Many traders i know over the years have changed their screen names and contribute much less. There are not many quality threads because of fuckers. Filter the negatives and focus on your objectives. It's free education, but use it wisely if you want to move forward with your trading.
  • #57,430
  • Aug 26, 2013 1:15am Aug 26, 2013 1:15am
Quoting daxiongxiong
{quote} . Only in FF. Please ignore these scum bags and don't make conversations with them. They will ask for your money next. Don't throw the dogs a bone. Many traders i know over the years have changed their screen names and contribute much less. There are not many quality threads because of fuckers. Filter the negatives and focus on your objectives. It's free education, but use it wisely if you want to move forward with your trading.
daxiongxiong,

what a post.

TAH, PVSRA rocks. Thank you!

Subscribed.
Totally sick and tired of conspiracy theories.
  • #57,431
  • Aug 26, 2013 1:42am Aug 26, 2013 1:42am
Quoting JRissa
Could not resist myself... UJ short trade EP1 Classic Sonic R early scout. Based on PVSRA really driving my 200€ account to max, but I'm drunk right now and fully relying on PVSRA, so EP1 it is Tanked GJ short already, but what the hell... One more pair won't kill me! forex is so much fun! 24 trades open, 15€ DD = 8% DD {image}

UJ short EP2

Classic Sonic R with PVSRA support.


Open positions on 6pairs = 25

Profit/Loss +8€ = ~136pips
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I know the secret...
  • #57,432
  • Aug 26, 2013 1:57am Aug 26, 2013 1:57am
Quoting ForexSwag
Yeah right now my spread is High 9.1... But London session is drops back down to 2.5 i believe, sometimes i see 1.9 But im in the process of switching brokers for a lower spread.
Spread is not an important success factor if you trade above M15. It is not worth too much effort to find a low spread broker. The reliability is more important in the long run.
Mind the gap
  • #57,433
  • Aug 26, 2013 2:01am Aug 26, 2013 2:01am
EA short trade EP1

Classic Sonic R with PVSRA support

Open positions on 6 pairs = 26

Profit/Loss +13,47€
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I know the secret...
  • #57,434
  • Aug 26, 2013 2:44am Aug 26, 2013 2:44am
Quoting JRissa
{quote} GJ added scout short EP7. Ultrahigh volumes appeared at half number -> PVSRA indicating MM's selling heavily. {image}

GJ short EP8
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I know the secret...
  • #57,435
  • Aug 26, 2013 4:18am Aug 26, 2013 4:18am
Why you guys not considering PVSRA indicating MM's buying heavily here? Why NOT MM bull?
very confuse! Please explain.

Thanks
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  • #57,436
  • Aug 26, 2013 5:05am Aug 26, 2013 5:05am
..
Quoting worldfreedom
It allows me to trade with confidence to enter and add to winning trades ......
i like adding to winning trades, not the other way round.
It is possible to make large sums trading, small losses, large wins
  • #57,437
  • Aug 26, 2013 5:31am Aug 26, 2013 5:31am
Convoluted on UCad

Here is convoluted thinking. Look at your H1 chart and see the strong drive down off the top. Now, I believe such as AU, EU and GU will be going lower in weeks ahead and therefore UCad will be going higher. Meanwhile, I suspect the MMs will pull the price of UCad back lower; a healthy retrace. I have been looking for a sign around some logical high, that the MMs might be loading up shorts for a retrace. M1 PVSRA gave me that indication after the MMs hiked the price above PVT to the area of the FR 38% retrace of the drop mentioned.

This is the area I have taken a short entry on UCAd, short #1, a Scout. And I suspect the US MMs might add to the push up to gain even higher prices for their loading of shorts for a retrace, so I've another Scout pending order a bit higher. At this point my target is tentative, but I see the RDL/lower half SR area as a logical initial target since it is in the FR 38%-50% of the larger move up that ended Friday. If a retrace move is instigated by the MMs, it might go much lower than that, too.

I could be wrong about this, have been before.
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  • #57,438
  • Aug 26, 2013 5:37am Aug 26, 2013 5:37am
trend-following is very simple...except the market is ranging....
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It is possible to make large sums trading, small losses, large wins
  • #57,439
  • Edited 5:57am Aug 26, 2013 5:38am | Edited 5:57am
Quoting omadivi
.. {quote} i like adding to winning trades, not the other way round.
And how do you know that when the MMs push price opposite your entry that it is not proof you were right, and that your trade is indeed a winning trade, not the other way around?!

If trades were people, you might get a law suit for slander from a lot of winning trades that you imply to be the other way around!

MMs typically manipulate prices so that traders change their thinking into believing the trade has turned into a loser, when it is not a loser, and when the MMs themselves are doing exactly what everybody else is "taught" to not do, average down! The MMs know that "losing" is relative, and only temporary until they have averaged "down" sufficient to build their position for the trade that is actually going to be a nice one,.....because they are eventually going to manipulate prices right back the other way to make sure it is a nice one!

PVSRA,
-tah
  • #57,440
  • Aug 26, 2013 5:50am Aug 26, 2013 5:50am
Just sharing some of my views and technical terms after reading up a little more about price volume analysis.

MMs will now want to test for demand in the market. Confirmation for shorting would be when there's significant increased in trading volume with a narrow spread up-bar.

Should the next few bars closes lower and with less volume, it indicates that there is no selling pressure (lack of supply), and thus the upward rally might continue.

Any comments would be welcome as I'm pretty much still learning
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