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Sonic R. System

  • #58,581
  • Sep 9, 2013 7:59am Sep 9, 2013 7:59am
Quoting omadivi
{quote} ...well done TAH....you are obviously not slowing down.. i think it would also be helpful to add equity percentage gains and drawdowns..All for a better understanding and appreciation of the system...
omadivi,

qFish is working on his version of SonicR Trade Levels that can display this information, as well as handle variable sized entries. I have not yet received his latest work on this, so it might not be debugged to his satisfaction at this time. When qFish considers it ready, it is intended that his Trade Levels indy will be included in the next upgrade release of SonicR indicators and templates.

-tah
  • #58,582
  • Edited 8:43am Sep 9, 2013 8:26am | Edited 8:43am
UChf: Closed 31 trades for +535 Pips (Average of 15.7Pips/Trade at $0.11/pip). I wanted to close this early as I still have UJ trade open with 39 positions opened and AU trades with 18 positions opened. Wanted to clear some room for reserve to accommodate further building. This pair is similiar to UJ's movement, with AU being a slight hedge.
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insanity: Doing the same thing over... and expecting different results -AE
  • #58,583
  • Sep 9, 2013 8:31am Sep 9, 2013 8:31am
Market Comment:

First day of week. We know what this means. MMs preparing for their moves coming later in week. This can provide position building opportunities, but if their preparations are to extend 2-3 days, even better opportunities will come.

Look at xxxUSD pairs. For the most part, the MMs continue to push them up. Multiple USD high impact releases are coming later in the week. Also, the xxxJPY pairs are for the most part also being pushed up, or held up. Here too, the MMs appear to be building shorts. The latter part of this week should be good.
  • #58,584
  • Sep 9, 2013 8:34am Sep 9, 2013 8:34am
Quoting qFish
UChf: Closed 31 trades for +535 Pips (Average of 15.7Pips/Trade at $0.11/pip). I wanted to close this early as I still have UJ trade open with 39 positions opened and AU trades with 18 positions opened. Wanted to clear some room for reserve to accommodate further building. This pair is similiar to UJ's movement, with AU being a slight hedge. {image}
well done..the USD is currently weak...i think you could have gotten more out of the USDCHF..but profit is profit......And with regards to your AU shorts, i usually gauge the reactions from EA and GA before taking Aud trades...it looks like you are doing quite well...
It is possible to make large sums trading, small losses, large wins
  • #58,585
  • Sep 9, 2013 8:49am Sep 9, 2013 8:49am
UChf:

While the bear MMs are busy holding up, pushing up xxxUSD pairs, USDCHF has a H&S that is in-play. The target can easily be reached in time before the USD high impact releases later this week.
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  • #58,586
  • Sep 9, 2013 9:00am Sep 9, 2013 9:00am
Quoting omadivi
{quote} well done..the USD is currently weak...i think you could have gotten more out of the USDCHF..but profit is profit......And with regards to your AU shorts, i usually gauge the reactions from EA and GA before taking Aud trades...it looks like you are doing quite well...
Thanks omadivi,

I feel the same. I have confidence this pair can go well into profit of all my trades. Just wanted to open up reserves now that I have the opportunity. Although before I closed the trade, I had 50% margin in reserves with a DD of about 6%, I still did not like my spacing for this trade. I feel the same about my UJ trade, but it's my powerhouse right now. Of course now, I can look for greener pastures in an effort to trade more conservatively. Looking at the AU majors is definitely a good way to gauge AU. I did not think of this, but purely place the trade based on the position relative in the H4 TF and M1 PVSRA signals. Once I determine the trade meets my filter, the rest is history as I build in both directions with a target of 100pips/trade average (have'nt been able to do this but you gotta take what you can get! ).

-qFish
insanity: Doing the same thing over... and expecting different results -AE
  • #58,587
  • Sep 9, 2013 9:00am Sep 9, 2013 9:00am
My chart is not so bearish on this one...


Sonic
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  • #58,588
  • Sep 9, 2013 9:13am Sep 9, 2013 9:13am
Quoting sonicdeejay
My chart is not so bearish on this one... Sonic {image}
PVSRA, EJ: Bulls or Bears?

M15- MMs have thrice now hiked price above half SR.
M1- MMs increase trading once they get price above half SR.
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  • #58,589
  • Sep 9, 2013 9:26am Sep 9, 2013 9:26am
Quoting traderathome
Market Comment: First day of week. We know what this means. MMs preparing for their moves coming later in week. This can provide position building opportunities, but if their preparations are to extend 2-3 days, even better opportunities will come. Look at xxxUSD pairs. For the most part, the MMs continue to push them up. Multiple USD high impact releases are coming later in the week. Also, the xxxJPY pairs are for the most part also being pushed up, or held up. Here too, the MMs appear to be building shorts. The latter part of this week should...
Thanks for the running commentary and coaching. There is always they bigger picture.
  • #58,590
  • Edited 10:07am Sep 9, 2013 9:54am | Edited 10:07am
EJ:

MMs almost managed to get it to the upper whole number. Must be lots of sell orders keeping it from going higher. Never can know. They still might manage to get it up thru that whole SR. But look at the high volumes after the MMs hiked the price above the half SR!

Planting opportunity, imho.
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  • #58,591
  • Sep 9, 2013 10:47am Sep 9, 2013 10:47am
A Perfect SonicR Classic Short Setup

Previously, PVSRA had been indicating the MMs were bears by the price push up thru the whole SR followed by heaviest MM's trading closer to the upper half SR and also by the strong sell off from that area.

This short setup was complete during the early part of the London session with Dragon angled down, Trend angled down, Dragon below Trend and PA below both! Perfect!

It ran for a good 60ish pips, too.

There is a H&S formation in play on this one. Therefore, the bear MMs might push the price back up a bit (maybe during off hours) to replenish their shorts ahead of another leg down. Note the USD high impact releases coming later this week. That is plenty of time for the MMs to manipulate the price back up, reload shorts, then ram it down further......all before the releases.
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  • #58,592
  • Sep 9, 2013 11:11am Sep 9, 2013 11:11am
Quoting traderathome
UChf Short Trade: Previously entered short Scouts #1-11, PVSRA qualified. TP is tentative. {image}
UChf Short Trade: All 23 trade components closed for 1,840 pips gain. Since the last post on this trade, I added shorts #12-23, all PVSRA qualified. I suspect this to go lower, but it might also get a retrace before going lowest. If that happens, I might re-enter if the retrace is high enough.
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  • #58,593
  • Sep 9, 2013 11:13am Sep 9, 2013 11:13am
Quoting traderathome
{quote} UChf Short Trade: All 23 trade components closed for 1,840 pips gain. Since the last post on this trade, I added shorts #12-23, all PVSRA qualified. I suspect this to go lower, but it might also get a retrace before going lowest. If that happens, I might re-enter if the retrace is high enough. {image}
Whatever is obvious is obviously wrong!"
  • #58,594
  • Sep 9, 2013 11:25am Sep 9, 2013 11:25am
I have been testing the PVSRA setup for about 4 days now, I have never had or seen a profit factor of 166.03 which is excellent.

Kudo's to TAH, thanks a million buddy. Great system, I only use the 1H charts due to having a day job, works like a charm.
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  • #58,595
  • Sep 9, 2013 11:26am Sep 9, 2013 11:26am
I close same orders GBPUSD. Too high -468 pips my first order. This time not good trade. Bearish is too long.
  • #58,596
  • Sep 9, 2013 11:40am Sep 9, 2013 11:40am
Quoting FXRobert
I close same orders GBPUSD. Too high -468 pips my first order. This time not good trade. Bearish is too long.
PVSRA

This is why it is absolutely critical that traders building positions, qualifying them with PVSRA, trade very light relative to account size. H4 shows what might turn out to be a double top, to be followed by a bear run for profits. Whether or not the run for profits starts here, this is an excellent planting opportunity,.....if the trader has reserves to do so!

M1 shows lots of MMs activity when they get the price above the 1/4 SR, above the whole SR! .....confirms the planting opportunity. You can see very clearly that the MMs rammed the price above RDH to get this opportunity for themselves!!!!!
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  • #58,597
  • Sep 9, 2013 11:47am Sep 9, 2013 11:47am
Quoting traderathome
{quote} PVSRA This is why it is absolutely critical that traders building positions, qualifying them with PVSRA, trade very light relative to account size. H4 shows what might turn out to be a double top, to be followed by a bear run for profits. Whether or not the run for profits starts here, this is an excellent planting opportunity,.....if the trader has reserves to do so! M1 shows lots of MMs activity when they get the price above the 1/4 SR, above the whole SR! .....confirms the planting opportunity. {image} {image}
I waiting with others sonicers and for me it is next good lesson. I see double top but i think GBPUSD move higher, therefore i close same orders.
  • #58,598
  • Sep 9, 2013 11:51am Sep 9, 2013 11:51am
PVSRA vs "The Market"

Why do most traders lose their money? Because they were on the wrong side of the trade, or because they could not be "wrong" as long as the big boys? And just how do the big boys ("the market") force all these traders that lose their money into losing it?

The manner in which "the market" takes the most money from the most people is to get them to over trade, over extend their accounts, and then drive prices to the point of liquidation! This is why there is the common statement that the big boys always win because they can be "wrong" longer!

Wake up, traders! Stop focusing on profits and focus on patience, patience to trade very light relative to account size, so you can be "wrong" just as long as the big boys! Not only be "wrong" just as long as them, but to also be able to insert Commando Scouts, PVSRA qualified, when they least expect it! That would be at the limits of their drives to screw everyone else! There is where you screw them! And, if they push even further, you patiently wait to do it again!

We plant when they plant. We Harvest when they harvest. We can only do this by trading extremely light relative to account size. If we get impatient for profits we will trade too large. They will win and we will lose.

-tah
  • #58,599
  • Sep 9, 2013 11:55am Sep 9, 2013 11:55am
Quoting traderathome
{quote} PVSRA This is why it is absolutely critical that traders building positions, qualifying them with PVSRA, trade very light relative to account size. H4 shows what might turn out to be a double top, to be followed by a bear run for profits. Whether or not the run for profits starts here, this is an excellent planting opportunity,.....if the trader has reserves to do so! M1 shows lots of MMs activity when they get the price above the 1/4 SR, above the whole SR! .....confirms the planting opportunity. You can see very clearly that the MMs rammed...
I think for GU the high of 17 June, half number, 1.5750 might play the resistance =), as for GJ, high of 17 May might play the role, quarter number of 156.75.
  • #58,600
  • Sep 9, 2013 12:01pm Sep 9, 2013 12:01pm
Quoting diginime
{quote} I think for GU the high of 17 June, half number, 1.5750 might play the resistance =), as for GJ, high of 17 May might play the role, quarter number of 156.75.
Could be. If plenty of reserves, plant more as is appropriate as the MMs push prices higher. If not, stand pat through any further push up, and wait for them to play their winning hand (bear run for profits).
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