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Sonic R. System

  • #62,601
  • Nov 25, 2013 8:30am Nov 25, 2013 8:30am
Quoting sonicdeejay
Not Bearish any more.. Gd NIte..Gonna sleep.. Sonic {image}

My sentiments exactly!
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  • #62,602
  • Nov 25, 2013 8:36am Nov 25, 2013 8:36am
Quoting traderathome
{quote} AU: It could happen as you say, however, what I saw prior to my first entry was basing above the half number SR after the price came up from a spike below the half number (PVSRA indication of bulls) . Unpredictably, the price dropped again, towards the lower whole number SR, but rebounded on very high volume which suggests buying off those lows. The price returned to the half number SR for more basing, where I made my second entry. My current conclusion is the market is building long, but in no hurry to start a run for profits. Time will...

Yes sir, I agree wholeheartedly that the market is building longs (LONGTERM), BUT, If we are not to PREDICT the market, then neednt we wait for PA (in addition to TIME), to tell? Isnt that PRECISELY what the rules are for?
  • #62,603
  • Nov 25, 2013 8:37am Nov 25, 2013 8:37am
Quoting sonicdeejay
{quote} {image} Did I said TP hit in EJ upside?? Did I say , I took a trade.. Sonic
what are you saying? can you post clearly please?
  • #62,604
  • Nov 25, 2013 8:39am Nov 25, 2013 8:39am
Quoting traderathome
{quote} UCad Short Trade: Entered short #1, a Classic as price pulled back up to a good EP spot in the proper EP zone after two notable volume bear bars in the PA wave. This is late on Friday, but still the LS. The Dragon is angled down, and the Trend is no longer up, and PA is below both. Nice spot, Fex. {image}
UCad Short Trade Update:

Earlier today, I added #2, a Scout. Just now, I added #3, a Classic. Set TP.
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  • #62,605
  • Edited 9:25am Nov 25, 2013 8:49am | Edited 9:25am
Quoting LITEchild
{quote} Yes sir, I agree wholeheartedly that the market is building longs (LONGTERM), BUT, If we are not to PREDICT the market, then neednt we wait for PA (in addition to TIME), to tell? Isnt that PRECISELY what the rules are for?
To Explain or Not to Explain, That is the Question!

Your point is, based on Sonic's seminar, there should be notable stopping volume prior to our setup and trade in the other direction. My point is that there are times when such volume is not so condensed as to become truly notable above all other volumes. Remember, "volume" is just a count of trades executed on your broker's server. Any one single trade could be for more than all of the others during any time frame candle! We do not know what the size of the trades are. Therefore, with the PVSRA bull indication + rise in price = stopping volume, then basing, all prior to my first entry, I took the chance of a first entry long. Every trade is a chance. And later, with the price making lower lows + then strongly rebounding = stopping volume, I took the chance of a second entry long.

Yes, and I agree with trexy on the point that we all need to better explain our actions here if we want this thread/the official Sonic R. System Textbook, to improve. This is not to say that things are cut and dried, but that we need to re-explain over and over again the cut and the drying. No. That is not the case at all. We must understand that things are hardly ever cut and dried the same way! This is why "Rules" need to be encompassing rather than simply restricting. The example here is the nature of the stopping volume is such that it is not so visible. Understand, the reason that we need to explain more completely what we see and why we take certain actions is that the market hardly ever repeats highly visible clues in such an obvious fashion that even an idiot cannot miss them! Alas! Were that the case, we'd all find it very easy to make money here!

Now, having said all this, my interpretation of "stopping" volume in this specific case might turn out to be wrong. I have been wrong before. If it turns out I am wrong, I will have to close the trade with a nice loss. What I look for now is for PA to again make a low, a third notable low, but not as low as the second one. If that happens, and then PA rebounds on notable volume, that will be a very good indication the MMs are bulls and have finished making lows. If price drops below those last lows, my trade is in deep trouble, and the question for me will be whether or not to hold out to see what price does again at the lower whole number.

-tah
  • #62,606
  • Nov 25, 2013 9:02am Nov 25, 2013 9:02am
Quoting traderathome
{quote} UCad Short Trade Update: Earlier today, I added #2, a Scout. Just now, I added #3, a Classic. Set TP. {image}

...looks like good weather for hunting bears sir. Happy Hunting!
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  • #62,607
  • Nov 25, 2013 9:39am Nov 25, 2013 9:39am
Quoting traderathome
GU Short Trade Opened: Entry #1 made, a Classic.{image} Edit: Added #2, a Scout. Adjusted TP slightly.{image} Edit: Added #3, a Scout. Adjusted TP slightly.{image} Edit: Added #4, a Scout. Adjusted TP slightly. Finished building.{image}
GU Short Trade Update:

Because this is moving well, I decided to add #5, a Scout. Adjusted TP slightly.
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  • #62,608
  • Nov 25, 2013 10:05am Nov 25, 2013 10:05am
GU - very nice..
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Whatever is obvious is obviously wrong!"
  • #62,609
  • Edited 11:01am Nov 25, 2013 10:17am | Edited 11:01am
Quoting traderathome
GU Short Trade Opened: Entry #1 made, a Classic.{image} Edit: Added #2, a Scout. Adjusted TP slightly.{image} Edit: Added #3, a Scout. Adjusted TP slightly.{image} Edit: Added #4, a Scout. Adjusted TP slightly. Finished building.{image}
Quoting traderathome
{quote} GU Short Trade Update: Because this is moving well, I decided to add #5, a Scout. Adjusted TP slightly. {image}
Started With a Well Qualified Classic and Added Supporting Scouts as Price Moved in Trade Direction

GU Short Trade Closed:

TP reached and all five trades (50 parts total) closed for 1,499 pips gain. Master Sonicdeejay always advices to start a trade off a well qualified Classic setup. And, if you are also trading Scouts, why not add them as price moves in the trade direction? Here is an example.

Entry #1, Classic.....
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Entry #2, Scout.....
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Entry #3, Scout.....
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Entry #4, Scout.....
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Entry #5, Scout.....
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A short while before close.....
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Just after close.....
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  • #62,610
  • Nov 25, 2013 10:43am Nov 25, 2013 10:43am
Quoting traderathome
{quote} GU Short Trade Update: Because this is moving well, I decided to add #5, a Scout. Adjusted TP slightly. {image}
Really good trade...
TAH, do you have hawk eye, like a hawk flying in the sky and wait for the hunt, when found the target, catch it with accuracy...
Trade With PDF & Wisdom
  • #62,611
  • Edited 11:09am Nov 25, 2013 10:55am | Edited 11:09am
Quoting traderathome
EJ: If price drops below the Trend and later retraces to it, with high volumes occurring around the highs of the retrace, then that will be a bearish sign. Up until now, the price has been above the Trend and has remained above last week highs, which is not bearish. {image}
EJ:

Now this is beginning to look bearish, because now both the Dragon and Trend are angled down and price is below both. It is late in the US session, maybe too late for the market to mount a profit making run down. Indeed, if this is going to go lower, if this is the plan the MMs have for it, then it is even likely the price will be held up thru the rest of the day and into tomorrow's Asian session. There might even be another push up tomorrow (LS?) before the MMs get around to mounting a bear profit making run.

This is all the kind of thing we cannot know, but for now the bear is peeking out from behind the tree. The price has retraced to the Trend line and at those lower highs the volume picked up. Time will tell.
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  • #62,612
  • Edited 11:58am Nov 25, 2013 11:40am | Edited 11:58am
Quoting traderathome
{quote} AU Long Trade Update: I added #2, also a Classic. {image}
AU Long Trade Update: I added #3, a Scout, and adjusted TP. The price in after hours jumped slightly on notable volume down on the M1 chart. This is an indication the MMs are accumulating. It does not mean the price won't retrace lower later today or tomorrow, but it does reinforce the indications the MMs are bulls. Also, the price today made the third significant low that I have been waiting for, with the volume picking up at those lows below the half number SR (a PVSRA indication the MMs are bulls).
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  • #62,613
  • Nov 25, 2013 12:25pm Nov 25, 2013 12:25pm
Quoting traderathome
{quote} UCad Short Trade Update: Earlier today, I added #2, a Scout. Just now, I added #3, a Classic. Set TP. {image}
UCad Short Trade Update:

Added shorts #4 and #5, Scouts, and adjusted TP. On M1, the price was suddenly pushed towards previous highs on notable volume. This price/volume action above the half number SR looks like the MMs manipulating the price up to add shorts (a PVSRA indication the MMs are bears), so I added here also. This is the most risky of all uses of Scouts and should be done only sparingly.
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  • #62,614
  • Nov 25, 2013 1:15pm Nov 25, 2013 1:15pm
NU Short Trade Opened:

I just made entry #1, which I consider a Classic entry because the PA waveform is constructed and price has pulled back up to the original EP zone just below the whole number. It is after the LS, but the Dragon is still angled down. The rest of what I say now are things we cannot know with any certainty.

This current move up is probably just the after hours MMs trying to add to their short positions.
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If you look at H1 you can see the overall picture is bearish, but the MMs have supported the price from dropping thru the central pivot. This is probably with the intent of trying to make this look bullish, so longs will come in at these prices giving the MMs liquidity for more shorting.
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And don't forget that possible H&S that has been mention a number of times on this thread already. By supporting the price, the MMs have removed this H&S from being in-play, again, probably so they can load up more shorts for the event.
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  • #62,615
  • Nov 25, 2013 1:55pm Nov 25, 2013 1:55pm
Quoting traderathome
{quote} EJ: Now this is beginning to look bearish, because now both the Dragon and Trend are angled down and price is below both. It is late in the US session, maybe too late for the market to mount a profit making run down. Indeed, if this is going to go lower, if this is the plan the MMs have for it, then it is even likely the price will be held up thru the rest of the day and into tomorrow's Asian session. There might even be another push up tomorrow (LS?) before the MMs get around to mounting a bear profit making run. This is all the kind of...
hmmm...
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  • #62,616
  • Nov 25, 2013 1:58pm Nov 25, 2013 1:58pm
Quoting traderathome
{quote} {quote} Started With a Well Qualified Classic and Added Supporting Scouts as Price Moved in Trade Direction GU Short Trade Closed: TP reached and all five trades (50 parts total) closed for 1,499 pips gain. Master Sonicdeejay always advices to start a trade off a well qualified Classic setup. And, if you are also trading Scouts, why not add them as price moves in the trade direction? Here is an example. Entry #1, Classic.....{image} Entry #2, Scout.....{image} Entry #3, Scout.....{image} Entry #4, Scout.....{image} Entry #5, Scout.....{image}...
Very nicely executed trade! Now thats how I always wandered why scouts werent being deployed like this more and more!
  • #62,617
  • Nov 25, 2013 2:12pm Nov 25, 2013 2:12pm
Quoting loeil
GU - very nice.. {image}
careful there hotshot...
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  • #62,618
  • Edited 5:43pm Nov 25, 2013 4:23pm | Edited 5:43pm
Quoting traderathome
{quote} {quote} Started With a Well Qualified Classic and Added Supporting Scouts as Price Moved in Trade Direction GU Short Trade Closed: TP reached and all five trades (50 parts total) closed for 1,499 pips gain. Master Sonicdeejay always advices to start a trade off a well qualified Classic setup. And, if you are also trading Scouts, why not add them as price moves in the trade direction? Here is an example. Entry #1, Classic.....{image} Entry #2, Scout.....{image} Entry #3, Scout.....{image} Entry #4, Scout.....{image} Entry #5, Scout.....{image}...
Nice trade professor.. near +1.5k pips is great. nicely and stylishly executed..

Well documented with before and after charts..

Bravo.

Sonic
  • #62,619
  • Nov 25, 2013 4:40pm Nov 25, 2013 4:40pm
I don't understand..what does trading scouts mean? I've not come across this on the first page..
Also when what do RWH, RDH, RDL, RWL mean? Are these all instead of daily pivots for being used as TP levels?
  • #62,620
  • Edited 5:28pm Nov 25, 2013 5:09pm | Edited 5:28pm
Quoting SaiLyfee
I don't understand..what does trading scouts mean? I've not come across this on the first page.. Also when what do RWH, RDH, RDL, RWL mean? Are these all instead of daily pivots for being used as TP levels?
Gotta Luv Students Carrying Never Opened Textbooks Around, and Asking Lots of Questions!

"Also when what do RWH, RDH, RDL, RWL mean? Are these all instead of daily pivots for being used as TP levels?" -

This proves you have not followed all instructions in the post releasing the TAH indicators and templates. If you want answers, do what you are told to do, and do it well.

As for Scouts, now you know what trading Scouts means, or should mean. A Scout is a non-Classic entry, from highest risk of picking top/bottoms following a grand move terminating with grand volume, to supporting Classic trades that are still valid but the MMs are back peddling to add to their own trades, to this least risky purpose of Scouts,.....pile them onto a winning trade!

-tah
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