Sonic R. System

Here is what you see on H1:

Here is what I see on H1:

And I think I can see things better because my template for Sonicers does not have so much crap on it to de-focus the trader. What it does have on it is important.

Thanks I'll continue to do so, searching posts like you suggested isn't something I'd thought of! I'll be sure to do my best in finding out what I can, appreciate it

SaiLyfee,

Not just the ongoing posts do you need to read. You need to read all the foundation information of each indicator. This information is embedded into the compile of the indicators as "Introductions" at the top of each compile. You should already know this, and the answer to your question about the colored PVA candles. You don't know this because all you did was ignore the instructions in the releasing post and thereby you skipped over all that has been provided which you need to learn.

I really do not understand the mentality of so many folks that come here thinking they can be successful traders with an attitude that they can skip and leap over anything they deem unnecessary before they start to lose their money!

Worse yet, is that some of these folks think they already know more than enough to alter the templates recommended, to better help them lose their money!

Why they bother to come here, and then keep themselves apart, is a mystery!


To All Sonicers and Others,

Ok, the preceding comments are not all directed at you, SaiLyfee, but at any who are guilty of doing these things, just in case they need reminding, or have so far escaped having a certain realization that if they already know enough to use tools without reading their manuals, and to alter them according to their own wisdom, then they really should not remain here, at a place of "lesser" enlightenment then they deem themselves to possess.

-tah

AU Short Trade:

I entered a new short trade with a Scout entry as the price was pushed above the 3/4 SR on notable volume, and with notable volume following this push.

Where would you consider exit?

Around RDL.

"Once u know how MMs think, all you need is one entry..."

That all depends on what the definition of "need" is.

We already accept that the MMs buy low, sell high, and actually construct the lows and highs by their price manipulations to build longs and shorts. The question becomes, what is our "need"? If we are content to partake at some reasonable price and await a profit, fine. On the other hand, what looked like a defining high (or low) a few hours ago, or a day ago, might now seem quite low (or high). Why? Because the MMs decided to get greedier and continue to push the price past the last "defining" high (or low).

Simply put, we cannot know how the price will move or when it will reverse. I don't care what "system" there is, nor how highly touted it is, nor how costly it is, it will not do what cannot be done! The MMs have always denied the best of mathematicians, traders and hucksters with their "systems" from being able to predict with any reliability on an ongoing basis what they, the MMs, are going to do next! Period!

Therefore, it makes sense that even if after an entry has been made, and after the price has continued in the "wrong" direction from that entry, there will be a time and place for another entry to support that trade, if it is still running. All anyone has to do to open their eyes on this point is to start to keep track of what percentage of "reasonable" entries are made that the MMs decided were not good enough for themselves, and so they moved the price the "wrong way" for some time more, so they could get some more of "more reasonable" entries!

So, what is your "need"? You see, it all depends on what the definition of your "need" is.

The key here is to understand the lie behind the statement. One might know how MMs think, but that is still a long ways from knowing what the MMs will do in any given situation at any given time. To think otherwise is to be absurdly arrogant! A wise Sonicer never,.....repeat, never shoots all the bullets at one time, never plants all the seeds in one spot as though there will not come another totally good spot to also plant! Never!

Sonicers should put good care into qualifying a classic setup, and go with those trades, and use Scouts sparingly at good opportunities to support the trades, so long as they still appear valid. This will result in better trades with fewer entries and still good profits. But, a mentality of "one" entry is inflexible and denies the realities of an unpredictable market that we will face.

-tah

NU:

Well read Sonicers already know about the high TF potential H&S on this one. The question has been associated with the most recent bull run. It was to load shorts, for sure. But, is it over now? Are the MMs readying to run the price lower, to the H&S neckline, again? And what a drop after that per the H&S formation, should that happen!

The initial Asian session move today was to hike the price with notable volume, a bear move. Price is now where that began from, so some MMs hiked, and shorted it back down. Now the question is what will the LS MMs do? Will they hike the price to add shorts also? This could be worth stalking, because getting in short on a reasonable Sonic R short setup could lead to far more downside than any upside risk. In this light, I'd be looking for another push up which might later yield a classic short setup.

There are plenty of USD high impact releases coming within two days. And there is plenty of time for the MMs to work the price up/down to gain liquidity for shorting from those that enter long, if they can be induced to enter long. The next two days should be interesting for this one due to the special H&S situation that looms as a possible opportunity for gigantic profits.

Dear Sonicers, I don't know whether this question is appropriate……Which broker are U using ?, Can U recommend a broker which its volume is worthy of trust and support MT4 software? I wanna change my broker for a long time. Hope to receive help and thx.

i used IBFX..so far so good

Is this right? NU 15 M chart...any help would be great as this is my first attempt with trying to sight a correct set up.
Thanks..

Profits taken from XU trade.

AU Short Trade Update: I entered short #2, a Scout, as the price rose to MR1 on a sudden spurt after a couple of hours of position building in a very tight range. Adjusted TP slightly.

AU short scout EP1

AU added scout short EP2

Where will you consider to be your TP

Also looking like rejection at 61.8. I'm in short 0.9435

I'll consider that later...

GU short trade EP1

Heads up for GJ!