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Sonic R. System

  • #61,901
  • Nov 8, 2013 9:00am Nov 8, 2013 9:00am
Quoting jasakreatif
{quote} buy high sell low
Actually i also having the same issue.... can't really absorb the BUY/SELL method/. Lastnight i have post some question here, but nobody haven't reply yet...

Would like to understand what is the Dragon / snake's function and what about the EMA 89 purpose?

thanks
  • #61,902
  • Nov 8, 2013 9:04am Nov 8, 2013 9:04am
Quoting mohan
{quote} Actually i also having the same issue.... can't really absorb the BUY/SELL method/. Lastnight i have post some question here, but nobody haven't reply yet... Would like to understand what is the Dragon / snake's function and what about the EMA 89 purpose? thanks
Did you even read first post or jumped just to the last post? If you did then you should know what it means.
Whatever is obvious is obviously wrong!"
  • #61,903
  • Nov 8, 2013 9:13am Nov 8, 2013 9:13am
EU short trade closed. +186 pips

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Long Scout added, PVSRA based at bad momentum

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Newbie trader
  • #61,904
  • Nov 8, 2013 9:14am Nov 8, 2013 9:14am
GU short trade closed. +235 pips

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Long Scout added, PVSRA based at bad momentum

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Newbie trader
  • #61,905
  • Nov 8, 2013 9:15am Nov 8, 2013 9:15am
AU short trade closed. +354 pips

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Long Scout added, PVSRA based at bad momentum

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Newbie trader
  • #61,906
  • Nov 8, 2013 9:15am Nov 8, 2013 9:15am
UJ long trade closed. +100 pips
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Newbie trader
  • #61,907
  • Nov 8, 2013 9:16am Nov 8, 2013 9:16am
Thanks NFP
The strategies trade in NFP: you put Buy and Sell at the same price, with Gold put S/L around $8 from market price and wait only. For FX (forex majors) should put S/L around 20 pip

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  • #61,908
  • Nov 8, 2013 9:17am Nov 8, 2013 9:17am
UCa long trade closed. +179 pips

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Long Scout added, PVSRA based at bad momentum

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Newbie trader
  • #61,909
  • Nov 8, 2013 9:20am Nov 8, 2013 9:20am
Quoting fex
EU short trade closed. +186 pips {image} Long Scout added, PVSRA based at bad momentum {image}
Quoting fex
GU short trade closed. +235 pips {image} Long Scout added, PVSRA based at bad momentum {image}
Quoting fex
AU short trade closed. +354 pips {image} Long Scout added, PVSRA based at bad momentum {image}
Quoting fex
UJ long trade closed. +100 pips {image}
Quoting fex
UCa long trade closed. +179 pips {image} Long Scout added, PVSRA based at bad momentum {image}
fex,

Awesome! Really good job!
Whatever is obvious is obviously wrong!"
  • #61,910
  • Edited 10:10am Nov 8, 2013 9:31am | Edited 10:10am
Quoting traderathome
{quote} NU Short Trade Update: Added short Scouts #6-7 as after hours MMs worked the price up/down, but finally got the price high enough to consider adding. {image}
NU Short Trade Update: While I see this could go lower, I have taken profit below RDL for 818 pips gain. I added short #8 (Classic) yesterday. Next week is a new adventure because there is the potential for a nice H&S move lower.
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  • #61,911
  • Nov 8, 2013 9:37am Nov 8, 2013 9:37am
Quoting diginime
EU PVSRA I entered a short term trade, EU M15. Volume increase when price goes up, indicates MM's bear for now in my opinion.... {image}


Quoting diginime
In my opinion, i placed a short for GU, as price dump, and pump back up to the place where previous consolidation zone, volume increase, i think MM's loading up shorts.... previous drop volume is a stop the drop volume... =) {image}

told cha...
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  • #61,912
  • Nov 8, 2013 9:40am Nov 8, 2013 9:40am
Quoting traderathome
{quote} lx384, But, it is not VSA. We are not considering only the situations of higher volumes with higher spread candles. We are also considering breakouts of the volume trend no matter the configuration of the candle. PVA, or Price Volume Analysis. Add that to a consideration of S&R and you get PVSRA, or Price Volume Support Resistance Analysis. Please get up to speed and use the correct terminology of this thread. Yes, you are correct in that high volume near newly attained lows can be the MMs buying to close shorts, especially if it is the...
Sorry, my bad, wrong term used. They do share the same roots though.

What I'm trying to say in simple terms is this, not every high volume down bar equates to a long, or should look for a long which is what loeil is doing (add to longs) on the eu as shown on his charts and comments. How many times do you want to add longs in a down trend?

My comments are directed to a trending pair. We have to take into account whether a pair is trending or ranging (distribution or accumulation), dragon?. Looking at his calls the past 5 days, I have to strongly disagree with what he is doing on the EU. Loeil is putting on good trades on other pairs, I'm not disputing that.

People are reading this thread, and learning, so every post to 'teach' or show what/how it should be done should be critique objectively.

Unless this thread is about showing off 'xxx pips hit' or 'hoping price will retrace back' type.

*When I say trending I mean in the short term. I know everyone views trend differently. Long term EU trend is up. Short term is down. Super long term is range.
  • #61,913
  • Nov 8, 2013 9:51am Nov 8, 2013 9:51am
One more thing, it's fine to start accumulating your positions in an area where you think you see strength/weakness. That's what I do as well.


Looking at your NU shorts. At what point will you say that you're wrong?

Never?
  • #61,914
  • Nov 8, 2013 9:58am Nov 8, 2013 9:58am
Quoting jasakreatif
{quote} BE +1 = TP s2 {image}
one entry posted , closed 100pip , all sl hit 2 day covered

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  • #61,915
  • Nov 8, 2013 10:00am Nov 8, 2013 10:00am
Quoting lx384
{quote} Sorry, my bad, wrong term used. They do share the same roots though. What I'm trying to say in simple terms is this, not every high volume down bar equates to a long, or should look for a long which is what loeil is doing (add to longs) on the eu as shown on his charts and comments. How many times do you want to add longs in a down trend? My comments are directed to a trending pair. We have to take into account whether a pair is trending or ranging (distribution or accumulation), dragon?. Looking at his calls the past 5 days, I have to strongly...
You are saying that taking long EU and GU are against trend, but take a look at weekly trend channel. In both, EU and GU, we are at uptrending channel low at the moment. So seeing this kind of ultrahigh volumes could be big money adding longs at channel low. At least that's what PA with volume analysis is showing right now. Things can change rapidly, but there's really high propability for atleast moderate correction in daily trend. Time shows how things go...
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I know the secret...
  • #61,916
  • Nov 8, 2013 10:00am Nov 8, 2013 10:00am
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  • #61,917
  • Nov 8, 2013 10:01am Nov 8, 2013 10:01am
Quoting jasakreatif
GJ long {image}
GJ . BE +1

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nice weekend
  • #61,918
  • Nov 8, 2013 10:01am Nov 8, 2013 10:01am
Quoting JRissa
{quote} You are saying that taking long EU and GU are against trend, but take a look at weekly trend channel. In both, EU and GU, we are at uptrending channel low at the moment. So seeing this kind of ultrahigh volumes could be big money adding longs at channel low. At least that's what PA with volume analysis is showing right now. Things can change rapidly, but there's really high propability for atleast moderate correction in daily trend. Time shows how things go... {image}
Read the last line of my post.

I said it depends on what duration you're looking at. Short, Long, Super Long.
  • #61,919
  • Nov 8, 2013 10:14am Nov 8, 2013 10:14am
Quoting lx384
{quote} Read the last line of my post. I said it depends on what duration you're looking at. Short, Long, Super Long.
Sorry, my bad... Read your post in a hurry and missed the last lines
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I know the secret...
  • #61,920
  • Nov 8, 2013 10:15am Nov 8, 2013 10:15am
Quoting traderathome
{quote} UCad Long Trade Update: Added long Scouts #9-12 since last posting. Scout #12 (x5) was just added as the price faded back below the whole number on increased volume, visible on an M1 chart. To correct an error posted, it is not #6 (x2), #7 (x4), but #5 (x2) and #6 (x4). TP is adjusted based on historic PA in spite of RWH being lower. There is no SL due to coming USD high impact releases. {image}
UCad Long Trade Update: Closed trade for 3209 pips gain.
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