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Sonic R. System

  • #58,261
  • Sep 4, 2013 11:39am Sep 4, 2013 11:39am
UChf: 18 short scouts opened. MM's have pushed price to next historic SR level .94. The previous test did not make it. Maybe this time. Right now there is resistance at the .80 level. Here we are at best prices for shorting.
Attached Image (click to enlarge)
Click to Enlarge Name: UCH4.PNG Size: 142 KB
insanity: Doing the same thing over... and expecting different results -AE
  • #58,262
  • Sep 4, 2013 11:40am Sep 4, 2013 11:40am
Quoting qFish
{quote} UJ: Added Ep 27 & 28 in consolidation price ranging. See my analysis. {image}

QFish how many pips do you define for your scouts stoploss?
Thanks for the feedback.
  • #58,263
  • Sep 4, 2013 11:42am Sep 4, 2013 11:42am
Quoting qFish
{quote} AU: MM's push price up for more shorting targeting the next historic SR level, which is our strong area of resistance. Added short EP #7-13 along the way up. M1 analysis says all. MM still BEARs. {image} {image}

hullo,
you might wana go easy on your scouts...the USD is losing across the board....just my 2cents..
It is possible to make large sums trading, small losses, large wins
  • #58,264
  • Sep 4, 2013 11:45am Sep 4, 2013 11:45am
Quoting qFish
UChf: 18 short scouts opened. MM's have pushed price to next historic SR level .94. The previous test did not make it. Maybe this time. Right now there is resistance at the .80 level. Here we are at best prices for shorting. {image}
you are shorting the uCHF and the AU, is this some sort of hedge technique? because it looks like a short USD and long USD combo
It is possible to make large sums trading, small losses, large wins
  • #58,265
  • Sep 4, 2013 11:47am Sep 4, 2013 11:47am
Quoting omadivi
{quote} well done...re-group...gain some margin, reduce exposure and breathe a little easier...if you see more short signs, you add shorts, if it continues going down...its all good...
Exactly, that's the plan. But even with that this trade is being shit due to the R/R and profit/time ratio. Both are so bad and that's the problem normally with PVSRA. If you trade with a correct exposure / bank management, your R/R and profit/time ratio are not so good.

But thanks for the input omadivi
To fail is just an opportunity to learn
  • #58,266
  • Sep 4, 2013 11:54am Sep 4, 2013 11:54am
Quoting Portugalfx
{quote} QFish how many pips do you define for your scouts stoploss? Thanks for the feedback.
Hi Portugalfx,

I don't trade with SL.

-qFish
insanity: Doing the same thing over... and expecting different results -AE
  • #58,267
  • Sep 4, 2013 11:55am Sep 4, 2013 11:55am
they dont trade with stop except the CLassic.. thats kinda scare me but so far its all good
  • #58,268
  • Sep 4, 2013 11:56am Sep 4, 2013 11:56am
Quoting Tymedu
{quote} Exactly, that's the plan. But even with that this trade is being shit due to the R/R and profit/time ratio. Both are so bad and that's the problem normally with PVSRA. If you trade with a correct exposure / bank management, your R/R and profit/time ratio are not so good. But thanks for the input omadivi

It is possible to make large sums trading, small losses, large wins
  • #58,269
  • Sep 4, 2013 12:00pm Sep 4, 2013 12:00pm
Quoting omadivi
{quote} hullo, you might wana go easy on your scouts...the USD is losing across the board....just my 2cents..
Hi omadivi,

Thank you.

-qFish
insanity: Doing the same thing over... and expecting different results -AE
  • #58,270
  • Sep 4, 2013 12:05pm Sep 4, 2013 12:05pm
Quoting omadivi
{quote} you are shorting the uCHF and the AU, is this some sort of hedge technique? because it looks like a short USD and long USD combo
Hi omadivi,

Not quite. UJ and AU have very low correlation. In fact, both are going up right now. A better hedge would be HKDJPY or USDCHF. I hedge sometimes, but I rather trade non-correlated pairs that pass my PVSRA and H4 TF filters.

-qFish
insanity: Doing the same thing over... and expecting different results -AE
  • #58,271
  • Sep 4, 2013 12:09pm Sep 4, 2013 12:09pm
Quoting qFish
{quote} Hi omadivi, Not quite. UJ and AU have very low correlation. In fact, both are going up right now. A better hedge would be HKDJPY or USDCHF. I hedge sometimes, but I rather trade non-correlated pairs that pass my PVSRA and H4 TF filters. -qFish
i was referring to your USDCHF shorts...those trades should net plenty if the USD weakness continues...but placing that against your short AU trades, looks like a hedge...all the best..
It is possible to make large sums trading, small losses, large wins
  • #58,272
  • Sep 4, 2013 12:15pm Sep 4, 2013 12:15pm
Quoting qFish
{quote} Hi omadivi, Not quite. UJ and AU have very low correlation. In fact, both are going up right now. A better hedge would be HKDJPY or USDCHF. I hedge sometimes, but I rather trade non-correlated pairs that pass my PVSRA and H4 TF filters. -qFish

Hi qfish,
do you sense any Bears on GU ? now i'm building Shorts on UJ and GU. but if UJ going down GU must gonna Up right?
t.me/LWBRfx Discord.io/LWBR
  • #58,273
  • Sep 4, 2013 12:17pm Sep 4, 2013 12:17pm
Quoting qFish
{quote} Hi Portugalfx, I don't trade with SL. -qFish
Ok QFish, thank you
  • #58,274
  • Sep 4, 2013 12:17pm Sep 4, 2013 12:17pm
Quoting omadivi
{quote} i was referring to your USDCHF shorts...those trades should net plenty if the USD weakness continues...but placing that against your short AU trades, looks like a hedge...all the best..
In terms of hedging the dollar, in a way you were right. At the back of my mind at the time, I did notice the opposition, but did not intend them to be a hedge. Should be more aware of that! lol. Normally, if I wanted to hedge, I would look for high correlation pairs. UJ and UChf is indeed that. But something else is lurking below the surface as all pairs still moving up, regardless of correlation.

-qFish
insanity: Doing the same thing over... and expecting different results -AE
  • #58,275
  • Sep 4, 2013 12:20pm Sep 4, 2013 12:20pm
Quoting pamboys09
they dont trade with stop except the CLassic.. thats kinda scare me but so far its all good
It requires leverage, small positions compared to account total and some nerve I guess...
My question is: what if the market starts a big trend and does not retrace?
  • #58,276
  • Sep 4, 2013 12:23pm Sep 4, 2013 12:23pm
Quoting loeil
{quote} I tried now VANTAGE FX (UK), opened demo account in EURO. I made UJ short trade with 0.01 lot. Closed after 3 pips, and profit is 0.20. So this broker gives 0.07 € per pip. Thats exactly same as mine broker. {image} So I really don't understand if you did 0.01 trades on EA, took ~12 000 pips and ~1200€ . My calculates gives me 12 000 x 0.07 = 840€ which is much much smaller than 1200€ . What I missed now? I'm just curious, is there really some broker who gives better pip value than others
Dude I have no idea how much is a pip and where before I closed EURAUD I had 11100€ I closed it and I have now 12311€ That's all I know!
There is no spoon....
  • #58,277
  • Sep 4, 2013 12:34pm Sep 4, 2013 12:34pm
Quoting Portugalfx
{quote} It requires leverage, small positions compared to account total and some nerve I guess... My question is: what if the market starts a big trend and does not retrace?
like USDJPY trend started in 2012 october and lasted till 2013 may. how to manage this trade if you are on a wrong side?
  • #58,278
  • Sep 4, 2013 12:46pm Sep 4, 2013 12:46pm
Good Classic Sonic R entry!
Attached Image (click to enlarge)
Click to Enlarge Name: usdchfm15.png Size: 78 KB
There is no spoon....
  • #58,279
  • Edited 12:59pm Sep 4, 2013 12:48pm | Edited 12:59pm
Quoting feinan
{quote} Hi qfish, do you sense any Bears on GU ? now i'm building Shorts on UJ and GU. but if UJ going down GU must gonna Up right?
Hi feinan,

UJ and GU have a -72% correlation... until now. Something fishy is happening. See chart below.
Attached Image (click to enlarge)
Click to Enlarge Name: UJ with GU.PNG Size: 122 KB


I do sense that GU is also BEARs. See below:
Attached Image (click to enlarge)
Click to Enlarge Name: GUDay.PNG Size: 88 KB

Attached Image (click to enlarge)
Click to Enlarge Name: GUH4.PNG Size: 106 KB

Attached Image (click to enlarge)
Click to Enlarge Name: GUM1.PNG Size: 99 KB


So UJ and GU are no longer in harmony. Manipulation all over to me. But know that they will come back in sync in the future. It's how it's always been. They have a long term reversal correlation.

-qFish
insanity: Doing the same thing over... and expecting different results -AE
  • #58,280
  • Sep 4, 2013 12:54pm Sep 4, 2013 12:54pm
Quoting DmitryFX
EU SonicR classical setup in confluence with PVSRA? {image}
DmitryFX I follow your posts and glad that coincide with my opinion ... I think I hurried to the entrance and got into a small DD. and I had to wait exactly what is above in the yellow circle. and have minimal DD. thank everyone here that together are trying to beat and analyze where bears and bulls Greetings
Attached Image (click to enlarge)
Click to Enlarge Name: untitled3.JPG Size: 140 KB
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