Sonic R. System | Page 2992 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Sonic R.evolution 95 replies

The System Behind the System, by Merlin Jeffries 16 replies

Old School Sonic System + Other Things 11 replies

Knife system, Vegas 4h system related questions. 4 replies

Would you trade this system? New system #2. 10 replies

Attachments: Sonic R. System
Exit Attachments

Sonic R. System

  • #59,821
  • Sep 23, 2013 8:04pm Sep 23, 2013 8:04pm
Quoting traderathome
UChf Long Trade: Entered long Scouts #1-3. I am building a long trade here, as the MMs run the price down. {image}
UChf Long Trade:

Update- Added long Scouts #4-6 since last post, and just added #7-8. Yesterday there was very notable volume as the price was taken below the whole number SR and back up. And now the price was dropped a bit with notable volume again.
Attached Image (click to enlarge)
Click to Enlarge Name: sept 2013 - 132.png Size: 62 KB
  • #59,822
  • Sep 23, 2013 8:15pm Sep 23, 2013 8:15pm
Quoting traderathome
{quote} GJ Short Trade: Update- I just added a Classic short re-entry component as the off hours MMs worked the price upwards on lighter volume into the previous consolidation area. Late last week the MMs killed off 38 of my 40 Scouts, so with this new Scout, there are only three Scouts fielded now. My expectancy is the price will be pushed even higher, maybe Tuesday or Wednesday for sort of a double top either via PA or Dragon. But, just in case this does not happen, I made this current entry inasmuch as today has been a day of lower HLs and the...

Wrong.

The MMs did not kill you scouts. You did it because of overtrading and because of not managing your loss. Trading 0.01 lot does not prevent this worst case. The margin call was the ultimate stopp loss.
  • #59,823
  • Sep 23, 2013 8:17pm Sep 23, 2013 8:17pm
Quoting futurespeter
{quote} Wrong. The MMs din't kill you scouts. You did it because of overtrading and because of not managing your loss. Trading 0.01 lot does not prevent this worst case. The margin call was the ultimate stopp loss.
So margin call took his money? There was no overtrading. It was global wipe-out. There are no orders above or below current prices on most pairs!
There is no spoon....
  • #59,824
  • Sep 23, 2013 8:23pm Sep 23, 2013 8:23pm
Quoting Msis125125
{quote} So margin call took his money? There was no overtrading. It was global wipe-out. There are no orders above or below current prices on most pairs!

I don't know and did assume because he didn't tell till yet. But what else should it be?


No orders above/ below current prices because of spread widening?
  • #59,825
  • Sep 23, 2013 10:05pm Sep 23, 2013 10:05pm
GU update short for EP 4 & 5 entered.
Attached Image (click to enlarge)
Click to Enlarge Name: GU 15min setup 0923.jpg Size: 279 KB
Attached Image (click to enlarge)
Click to Enlarge Name: GU EP 4 & 5.jpg Size: 392 KB
  • #59,826
  • Edited 11:56pm Sep 23, 2013 11:28pm | Edited 11:56pm
Quoting futurespeter
{quote} Wrong. The MMs did not kill you scouts. You did it because of overtrading and because of not managing your loss. Trading 0.01 lot does not prevent this worst case. The margin call was the ultimate stopp loss.
Of course, but that is far less an entertaining way to put it. Be dour if you want to. I do not wish to be that way. I treat this as part of the PVSRA in-work process and I take the loss as incentive to modify how I apply PVSRA so that it does not happen again, which I have already posted about. Is that "dry" enough for you?

And Msis125125 is correct. What happened was like the super climatic end of a summer to fall drawn out process to wipe out weak hands, something you will not encounter frequently. It has been a great environment in which to work with PVSRA. Any failures are trader failures, including my own. They are not PVSRA failures.

-tah
  • #59,827
  • Edited 12:49am Sep 24, 2013 12:38am | Edited 12:49am
YEN Pairs Comment, EJ Example, PVSRA

Look at EJ H4 chart attached and see that PA is at an important level (area), and also note that while the price was last pushed up and back down the volume was declining overall thru the entire episode. This is a very important clue that the market is bearish and that the manipulated push up was most likely only so the MMs could close out longs and acquire shorts. If you take the time to examine the candles associated with the volume spikes, you will see they coincide with whole/half/qtr number SR areas.
Attached Image (click to enlarge)
Click to Enlarge Name: sept 2013 - 133.png Size: 68 KB
  • #59,828
  • Sep 24, 2013 12:57am Sep 24, 2013 12:57am
Quoting Msis125125
{quote} So margin call took his money? There was no overtrading. It was global wipe-out. There are no orders above or below current prices on most pairs!
Global wipe-out? So how some users here saw this "mysterious" wipe-out and others not???
Quoting loeil
{quote} After watching Pete Faders videos, I don't see there any manipulation at all! Look how the price was rejected 3 times, price holds 3 time also, but the third rejection was in fib 61.8 zone! {image}
Look again USD-CAD chart. Tah said that this was just a manipulation, but now I'm sure, it was not a manipulation!!! All the signs were front of our eyes.

And I'm pretty sure we fill find more more clues on others charts too. We just missed them, thats all! Time to move on.
Attached Image (click to enlarge)
Click to Enlarge Name: usdcad.armh1.png Size: 27 KB
Whatever is obvious is obviously wrong!"
  • #59,829
  • Sep 24, 2013 1:00am Sep 24, 2013 1:00am
UJ Bear Channel

Looks like MMs hiking price to suck in longs as they add shorts. Get it higher guys, over the whole number, so I can add to my short trade.
Attached Image (click to enlarge)
Click to Enlarge Name: sept 2013 - 134.png Size: 53 KB
  • #59,830
  • Sep 24, 2013 1:04am Sep 24, 2013 1:04am
Quoting loeil
Finally some progress.. {image}
We saw a false breakout yesterday..
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd.armh4.png Size: 33 KB
Whatever is obvious is obviously wrong!"
  • #59,831
  • Sep 24, 2013 1:07am Sep 24, 2013 1:07am
NZD USD short
Attached Image(s) (click to enlarge)
Click to Enlarge Name: n u.png Size: 129 KB
Click to Enlarge Name: NZD.USD.png Size: 117 KB
  • #59,832
  • Sep 24, 2013 1:11am Sep 24, 2013 1:11am
Quoting traderathome
UJ Bear Channel Looks like MMs hiking price to suck in longs as they add shorts. Get it higher guys, over the whole number, so I can add to my short trade. {image}
UJ just found some support... like previously..volume increased when price reached to support area.
Attached Image (click to enlarge)
Click to Enlarge Name: usdjpy.armh1.png Size: 27 KB
Whatever is obvious is obviously wrong!"
  • #59,833
  • Edited 1:32am Sep 24, 2013 1:17am | Edited 1:32am
Quoting loeil
{quote} UJ just found some support... like previously..volume increased when price reached to support area. {image}
And that is an indication that the MMs do not want to add shorts at prices below that area. So, they are bears, and choosey bears desiring higher prices for their short orders when they can manipulate the price up to get them. By "honoring" a SR area, the MMs are only trying to trick longs into believing the market is bullish so they will enter long, giving the bears the liquidity they need for their shorts. PVSRA indicates the MMs are bears. Period.

No, not "Period." Do you see that the Dragon is angled down and so is the Trend line? And do you see the Dragon has crossed down thru the Trend line? And do you see that PA is below both the Dragon and the Trend line? And, do you see the MMs have just hiked the price back up to higher shorting grounds?

Personally, I am waiting for that spike up thru the whole number. It might not come and I will disappointed. But, I will let the MMs do the work. If they are successful enough for me, I will add to my short trade.

You might also want to consider the H4 chart.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: usdjpy.armh1.png Size: 27 KB
Click to Enlarge Name: sept 2013 - 135.png Size: 65 KB
  • #59,834
  • Sep 24, 2013 1:30am Sep 24, 2013 1:30am
Quoting loeil
{quote} UJ just found some support... like previously..volume increased when price reached to support area. {image}
agreed and it was a Three Dragons buy in the 05:33 gmt candle for ~ 15 pips up to just under its 99.00
Trading Levels with WRBs
  • #59,835
  • Sep 24, 2013 1:32am Sep 24, 2013 1:32am
Will see how the price react in 50-61.8fib zone..also there is old resistance zone also..
Attached Image(s) (click to enlarge)
Click to Enlarge Name: usdjpy.armh1.png Size: 28 KB
Click to Enlarge Name: usdjpy.armh11.png Size: 41 KB
Whatever is obvious is obviously wrong!"
  • #59,836
  • Sep 24, 2013 1:33am Sep 24, 2013 1:33am
Quoting DmitryFX
{quote} Captain, how many pips your usual SL is?
10 pips + spread hard stop, mental is at the fast dragon (if that is closer than 10 pips) or as soon as I see that the expected move is not happening - I'd rather get out and re-evaluate.
Trading Levels with WRBs
  • #59,837
  • Sep 24, 2013 1:41am Sep 24, 2013 1:41am
Quoting loeil
Will see how the price react in 50-61.8fib zone..also there is old resistance zone also.. {image} {image}
PVSRA, UJ: Bull or Bear?

As I see it, the whole number needs to be reached, and if it is there is a good chance the MMs will strive for MR1. In any case, the MMs are bears and we cannot know how, nor how far they will move price. But, they are bears.
Attached Image (click to enlarge)
Click to Enlarge Name: sept 2013 - 136.png Size: 57 KB
  • #59,838
  • Sep 24, 2013 1:42am Sep 24, 2013 1:42am
Quoting Islander
{quote} agreed and it was a Three Dragons buy in the 05:33 gmt candle for ~ 15 pips up to just under its 99.00
I was so busy with drawing that I didn't notice ..but yes, nice buying opportunity was..
Attached Image (click to enlarge)
Click to Enlarge Name: usdjpy.armm1.png Size: 22 KB
Whatever is obvious is obviously wrong!"
  • #59,839
  • Edited 2:00am Sep 24, 2013 1:45am | Edited 2:00am
AU M15 potential H+S

Attached Image (click to enlarge)
Click to Enlarge Name: AudUsd_M15_H+S.png Size: 93 KB

Attached Image (click to enlarge)
Click to Enlarge Name: AudUsd_H1_H+S.png Size: 76 KB
If you think you can do a thing or think you can't do a thing, you're right
  • #59,840
  • Sep 24, 2013 1:46am Sep 24, 2013 1:46am
Quoting Islander
{quote} 10 pips + spread hard stop, mental is at the fast dragon (if that is closer than 10 pips) or as soon as I see that the expected move is not happening - I'd rather get out and re-evaluate.
It's clear. Thank you!
Everything is possible!!! Step by Step...
24 traders viewing now