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Sonic R. System

  • #59,641
  • Edited 7:34am Sep 21, 2013 7:16am | Edited 7:34am
Quoting baokydev
{quote} After you fall then you start having doubts about pvsra. pvsra simply prove 1 thing. being discipline with small lot and eventually price will go your way no matter how lousy your indication is. each retrace it make your equity fatter but because as your equity fatter. you tend to trade more than your account size could handle. let me ask you how many position can u open in 1 spot before your account burst. i saw some of you stsck 10 - 20 position in a 100 pip range . over trading is killing. consider learn how to code ea and it wilk take...
Maybe it's time to stop worrying about other people trades, worry yours. My account is still a live by the way!

I'm just saying here, that PVSRA has some weakness, we all know that, it's time to admit it, including you! Open your eyes. If you want to help, stop gloating and make something useful. It's time for fixing and changing not for being smartass.

You said "eventually price will go your way" - after GU 900 pips raise And we still believe that we didn't trade against the trend! At least I admit that I traded against the trend and that was a huge mistake and we get punished for that. Next time we have a chance to not repeat this mistake, can we take this chance? It's everybody's decisions. I'm not allow this kind of punishment to myself anymore. That is why I will make changes on my trading style. And no one can't disapprove it!

Edit: The best example how wrong we were and how badly we trade against the trend! We need to learn of it, otherwise we will repeat that mistake over and over again!
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Whatever is obvious is obviously wrong!"
  • #59,642
  • Sep 21, 2013 7:26am Sep 21, 2013 7:26am
Hello guys,
just finished my homework. I read all posts from April and this thread is masterpiece. Thank you for your work here, I really appreciate it.
  • #59,643
  • Edited 8:23am Sep 21, 2013 7:59am | Edited 8:23am
I looked back EU chart, just before the FOMC news.

Did anyone even notice that there was a re-accumulation phase on EU on 17-18 September, just before the FOMC ?

When we look at it more closely, we see that volume increased at lows? What does it mean? So clear signs of re-accumulation and we missed it. We prayed and hoped strongly that the FOMC brings reverse. We had a chance to ride with MMs and we didn't do that.

That is what I want to say, we can follow PVSRA successfully, but we can't miss the most important signs on the chart! And that is why we got punished!
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Edit: That up move after FOMC wasn't for surprising, it was very well planned, they planned it 2 days, enough time to make such up move.
Whatever is obvious is obviously wrong!"
  • #59,644
  • Sep 21, 2013 8:22am Sep 21, 2013 8:22am
Quoting loeil
{quote} Maybe it's time to stop worrying about other people trades, worry yours. My account is still a live by the way! I'm just saying here, that PVSRA has some weakness, we all know that, it's time to admit it, including you! Open your eyes. If you want to help, stop gloating and make something useful. It's time for fixing and changing not for being smartass. You said "eventually price will go your way" - after GU 900 pips raise And we still believe that we didn't trade against the trend! At least I admit that I traded against the trend...

Just stop whining here and reflecting what would happen IF you look at e chart . fyi i dint join in your pvsra tour so what there to worry about my account. i have large enough capital to play forex and is doing other form of trading that can offset human weakness.

I also know i can now just open my mt4 and look at e chart. draw few lines and trying to convince myself if i did this kind of analyzing pvsra like your eu chart. i will be successful. but think about it. when the trading is live and keep moving. do you still think the way you show in e chart above. what if its fail once . will you doubt it and went back to the old pvsra analyzing. dont use old chart to prove anything just post your live chart like tah always do and i will give you my respect if you could be a consistent winner
Now you trying act like you enlighten when you only start trading like a few months ago compare to experience traders here

Because of 1 downfall and rare risk that occur and you start blaming the system and so eagerly to switch to othet system rather than improving it. doing the typical system hopping . if your winning was withdraw at a constant rate. even 1 account blow up wont change . but you simply judt keep trading bigger n bigger.

I think what you need do is dont add to your losers and analyze pvsra the right way and not blind following. whether you can.make it or not or get into more shit and disappear we shall see over time. which will then reveal.
Trading is something special.
  • #59,645
  • Edited 8:55am Sep 21, 2013 8:32am | Edited 8:55am
Quoting baokydev
{quote} Just stop whining here and reflecting what would happen IF you look at e chart . fyi i dint join in your pvsra tour so what there to worry about my account. i have large enough capital to play forex and is doing other form of trading that can offset human weakness. I also know i can now just open my mt4 and look at e chart. draw few lines and trying to convince myself if i did this kind of analyzing pvsra like your eu chart. i will be successful. but think about it. when the trading is live and keep moving. do you still think the way you...
If you are not able to analyze the chart what is already completed, then you are never able to analyze what will come!

And wtf is your problem??? Where I blame the system???? Read and read more, and if you don't understand READ MORE! I just said before that we can trade by PVSRA successfully. This seems like blaming for you??

As I already said, WE NEED TO CHANGE SOMETHING, if this is a problem for you, don't speak for others! Each person has rights to say what he/she thinks! You are not some god here!

You can tell whatever you want, you have that right, but you can't never convince me that PVSRA is a perfect and without weaknesses system!!!! Because we just saw the first weakness! It's time to fix it, not being smartass, again!

After all, you don't need to defend the PVSRA so much, it's not gonna work on me! You can do it on someone else.

One thing what I have noticed in this thread. When someone dare to say what he/she thinks or something about PVSRA or something that need to change, here are some users who jump out and start to defend PSVSRA as they can. Some users doesn't agree nothing else but only agree what Tah says. Why is that? Because those users has not their own opinion.
Why is so hard to listen what other people says? Why are other people words so wrong that you need to start defend something?

And for all users who defending the PVSRA so hardly. Why you are doing that? Why is so hard to let make some changes, to fix the weaknesses, to hear others thoughts? I just don't understand, how hard it can be?
Whatever is obvious is obviously wrong!"
  • #59,646
  • Sep 21, 2013 8:41am Sep 21, 2013 8:41am
Does anyone know about the EA trading system of forexmonkeys.webs.com?
It seems to be a very profitable system so I have heard!
  • #59,647
  • Edited 9:30am Sep 21, 2013 9:12am | Edited 9:30am
Quoting JackRock
Does anyone know about the EA trading system of forexmonkeys.webs.com? It seems to be a very profitable system so I have heard!
Personally I don't recommend any EA. Because like we know, MMs likes to make their moves using the news. And EA-s doesn't know nothing about the news.

I tried one EA once on demo account, it trades like we trade by PVSRA. Results were very very good and then came the high impact releases and everything fell to pieces. It burst that demo account totally.

Just my opinion.
Whatever is obvious is obviously wrong!"
  • #59,648
  • Sep 21, 2013 9:52am Sep 21, 2013 9:52am
Quoting DmitryFX
Here is my point of view about GBPUSD. It's looks like the Cable very much likes 50 percents levels for retracements. On this base I can suppose next one scenario: {image} {image} If so, next week the Cable have to fall to the level around 1.572.
Nice analysis GU DmitryFX. One indi 1-2-3 shows exactly this suport (Fibo). TF H1.

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If you think you can do a thing or think you can't do a thing, you're right
  • #59,649
  • Edited 10:17am Sep 21, 2013 10:06am | Edited 10:17am
Quoting loeil
{quote} If you are not able to analyze the chart what is already completed, then you are never able to analyze what will come! And wtf is your problem??? Where I blame the system???? Read and read more, and if you don't understand READ MORE! I just said before that we can trade by PVSRA successfully. This seems like blaming for you?? As I already said, WE NEED TO CHANGE SOMETHING, if this is a problem for you, don't speak for others! Each person has rights to say what he/she thinks! You are not some god here! You can tell whatever you want, you...
Actually I understand your point of urging everyone to change and improve.

But think about it, the way you talk is like you shouting at yourself to change and expressing it here or rather I interpret you thinking others who don't change are simply foolish or whatever.

For your information, I am not convincing you that PVSRA is a perfect system, I am simply laughing at your change of mentality because your account blown and the funny thing is you was a die hard PVSRA trader previously.

Problem is not with PVSRA this term, rather its how you interpret MM movement or rather I will call it Supply & Demand. And also your psychology as a trader, seeing the way you type with caplock and reply show how impulsive trader you are and how emotionally affected you can get in this forum or maybe in your trade.

Did you cry at your bed and promise to change over after your account blown ? Anyway I am not the creator of PVSRA neither is it my interest to convince you to use PVSRA, I think you need read more emotional trading pdf which there is a lot available at forexfactory.

Your experience as a 1st year trader and your way of ego to take criticism is laughable, I wish you the best in your future trading. Perhaps if you can prove you can change and improve the system, with consistent winning, you will gain your respect like how the rest of the trading system creator here are being.

Anyway, much of the trading in forex market is by Algorithm and Robot.

You can choose not to use EA because you tried at demo once and you fail and you deem its not smart enough, of course finding the holy grail and a system or robot that can make you consistent earning is not easy, but maybe over trading is something you could cut down.


Look at the amount of trades you open at 1 time , did tah tell you to open so many trades that is over trading for your account ? I respect tah for him staying at his 0.01/0.1 lot size despite he bank over 100,000 pips. Did you have 100,000 bank roll and why you open so much, do you think BY CHANGING THE WAY you see chart and open the same amount of trades position at 1 SESSION , perhaps 100+ will change anything ? Any fundamental news will just wash you away again.

http://www.forexfactory.com/attachme...mentid=1270356

http://www.forexfactory.com/attachme...mentid=1270358

http://www.forexfactory.com/attachme...mentid=1271085

http://www.forexfactory.com/attachme...mentid=1268516
Trading is something special.
  • #59,650
  • Edited 10:31am Sep 21, 2013 10:13am | Edited 10:31am
Quoting baokydev
{quote} Actually I understand your point of urging everyone to change and improve. But think about it, the way you talk is like you shouting at yourself to change and expressing it here. For your information, I am not convincing you that PVSRA is a perfect system, I am simply laughing at your change of mentality because your account blown and the funny thing is you was a die hard PVSRA trader previously. Problem is not with PVSRA this term, rather its how you interpret MM movement or rather I will call it Supply & Demand. And also your psychology...
Now you talk Supply & Demand. If you had read at least the last week posts you should know for now, how many times I was talking about Supply & Demand. And if you did read carefully, you should know what Tah said after my words about Supply& Demand.

It's a good example how people just jump to the last post and know nothing what other people had said before.

So read, read and more read!
Whatever is obvious is obviously wrong!"
  • #59,651
  • Sep 21, 2013 10:18am Sep 21, 2013 10:18am
Quoting loeil
{quote} Now you talk Supply & Demand. If you had read at least the last week posts you should know, how many times I was talking about Supply & Demand. And if you did read carefully, you should know what Tah said after my words about Supply& Demand. It's a good example how people just jump to the last post and know nothing what other people had said before. So read, read and more read!

Perhaps you should read more and not educate me here, novice trader who crying over a blown account. Try to read on Trading Psychology because I think you need more on that. for one who can open over 100 positions on so many different kind of pairs, easily find those funny images at your history.

Go look @ the amount of trades you open, be it pvsra or holy grail system, just try open that amount of positions again and see if you will blow again.
Trading is something special.
  • #59,652
  • Sep 21, 2013 10:36am Sep 21, 2013 10:36am
Quoting baokydev
{quote} Actually I understand your point of urging everyone to change and improve. But think about it, the way you talk is like you shouting at yourself to change and expressing it here or rather I interpret you thinking others who don't change are simply foolish or whatever. For your information, I am not convincing you that PVSRA is a perfect system, I am simply laughing at your change of mentality because your account blown and the funny thing is you was a die hard PVSRA trader previously. Problem is not with PVSRA this term, rather its how you...
Actually I don't understand anymore, what is your problem?

Go and look Tah's trades, he had almost 90 000 pips down. But you afraid to say something to Tah. Why? Now I am some bad bad person here, who dared to say something and you come to shout here who overtraded I am. Again go and look Tah's trade and then come to say how overtraded other users are!
Whatever is obvious is obviously wrong!"
  • #59,653
  • Sep 21, 2013 10:40am Sep 21, 2013 10:40am
Quoting baokydev
{quote} Perhaps you should read more and not educate me here, novice trader who crying over a blown account. Try to read on Trading Psychology because I think you need more on that. for one who can open over 100 positions on so many different kind of pairs, easily find those funny images at your history. Go look @ the amount of trades you open, be it pvsra or holy grail system, just try open that amount of positions again and see if you will blow again.
Blow again???? MY ACCOUNT IS STILL ALIVE!

What is your problem with my trades, I trade the way I want! You are not some god here to say everyone, how overtraded or not overtraded they are! You just enjoy how overtraded everyone are here. Not the smartest behavior.

I just made a suggestion that we need to change something. Here are many people who thinks the same way, we need to change something to improve PVSRA. But you just came and started to shout!

Leave my trades alone and go and live your life! My trades are not your business!

No more talk with people who don't want to learn and change something for better results!
Whatever is obvious is obviously wrong!"
  • #59,654
  • Sep 21, 2013 10:41am Sep 21, 2013 10:41am
Quoting loeil
{quote} Actually I don't understand anymore, what is your problem? Go and look Tah's trades, he had almost 90 000 pips down. But you afraid to say something to Tah. Why? Now I am some bad bad person here, who dared to say something and you come to shout here who overtraded I am. Again go and look Tah's trade and then come to say how overtraded other users are!

Tah already keep quiet and live his life at the back. He definitely can make back his losses, its just you who keep on posting so strong words and acting emotionally.

Lets just return this thread to what it was meant for - Sonic Classic unless you wanna be the next tah to determine MM movement.

I don't care whether your account is blow or not, its not my interest too as I am not a broker or what.
Trading is something special.
  • #59,655
  • Sep 21, 2013 10:56am Sep 21, 2013 10:56am
Quoting DmitryFX
Ok, I want to say some words of appreciation to TAH for his effort to make something good here. First of all - here is not signal service and everybody doing its trades on his own risk. Many times was noted that possible DD is about 10000 pips. All of MC's happened here were because of overtrading. So, stop talking about TAH like about thief of your moneys - it's only yours falls caused by greed. Money will come but slow! Now, about PVSRA. I think this method of analyzing has very big potential. Just think about next thing. How many new traders...
you have expressed what i want to say! Though my account is burst , i never blame Tah. it is all my problem. and i also want to say that your analysis is very valuable.
  • #59,656
  • Sep 21, 2013 11:15am Sep 21, 2013 11:15am
Quoting baokydev
{quote} Tah already keep quiet and live his life at the back. He definitely can make back his losses, its just you who keep on posting so strong words and acting emotionally. Lets just return this thread to what it was meant for - Sonic Classic unless you wanna be the next tah to determine MM movement. I don't care whether your account is blow or not, its not my interest too as I am not a broker or what.
Ok, glad to here you are not a broker!

I have no intend to determine MM movement, because we can never see to their head, what they think or what they want to do.

But one thing is what we can do. We can follow the signs on the chart! That is why I like Pete Faders videos on youtube. There are many things what we can do and I think it's important.

I admit that we have made mistakes what we could avoid, example on GU. Please understand that. I just looked the activity and when I saw high activity at the highs I automatically thought that there are bears and I jumped to trade. It is my fault not no one else. But I regret that I didn't look higher timeframe, because on weekly chart there wasn't any bears.

I just want to say that there are many things what we can change for better trading, I don't blame anyone or any system at all! If I want to blame someone at all, then only myself. Because I didn't see the most important signs on chart.
Whatever is obvious is obviously wrong!"
  • #59,657
  • Sep 21, 2013 11:19am Sep 21, 2013 11:19am
Quoting loeil
{quote} Ok, glad to here you are not a broker! I have no intend to determine MM movement, because we can never see to their head, what they think or what they want to do. But one thing is what we can do. We can follow the signs on the chart! That is why I like Pete Faders videos on youtube. There are many things what we can do and I think it's important. I admit that we have made mistakes what we could avoid, example on GU. Please understand that. I just want to say that there are many things what we can change for better trading, I don't blame...

Technical analysis have many methods of analyzing price movement and potential profit zone. I believe the 800 pips drawdown on GU is a hefty price to pay. But definitely a hard lesson for most of the pvsra trader who open short at the low point.

I watch Millionaire Dollar Trader Series by that ex goldman sach trader & SermanTrader on Youtube.

Inserted Video
Trading is something special.
  • #59,658
  • Sep 21, 2013 11:28am Sep 21, 2013 11:28am
Quoting baokydev
{quote} Technical analysis have many methods of analyzing price movement and potential profit zone. I believe the 800 pips drawdown on GU is a hefty price to pay. But definitely a hard lesson for most of the pvsra trader who open short at the low point. I watch Millionaire Dollar Trader Series by that ex goldman sach trader & SermanTrader on Youtube.
Agree and what makes it harder is that we had a chance to avoid it!

I watched that series too and I'm sorry for them because it was hard and they loose all the time. Expectations were too high for them.
Whatever is obvious is obviously wrong!"
  • #59,659
  • Sep 21, 2013 11:31am Sep 21, 2013 11:31am
Quoting loeil
{quote} Agree and what makes it harder is that we had a chance to avoid it! I watched that series too and I'm sorry for them because it was hard and they loose all the time.
Hope more series of such will be film in the future, too little forex shows out there, which I think is pretty interesting to look and learn from.
Trading is something special.
  • #59,660
  • Edited 12:20pm Sep 21, 2013 12:08pm | Edited 12:20pm
Quoting DmitryFX
Here is my point of view about GBPUSD. It's looks like the Cable very much likes 50 percents levels for retracements. On this base I can suppose next one scenario: {image} {image} If so, next week the Cable have to fall to the level around 1.572.
Hmm, interesting, I see more bearish signs there, than bullish signs. But still no confirmation.
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Whatever is obvious is obviously wrong!"
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