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Sonic R. System

  • #64,101
  • Jan 15, 2014 8:59am Jan 15, 2014 8:59am
Quoting MrAmazing
I know the reason why most of you buying AU. But it's better not trying catch the bottom, just be patient and discipline. I am done for today, so sleepy and tired.. Good night from my hometown. {image}.
Don't forget that everybody has his/her own method, own strategy, someone catches only 10 pips, someone 100 etc.

At the moment AU chart(following by PVSRA) shows very clearly that MMs preparing to buy, adding long positions there and it is a signal for PVSRA traders. Other traders has to find some other train
Whatever is obvious is obviously wrong!"
  • #64,102
  • Jan 15, 2014 9:12am Jan 15, 2014 9:12am
AU - very good example how the big boys trade..
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Whatever is obvious is obviously wrong!"
  • #64,103
  • Jan 15, 2014 9:28am Jan 15, 2014 9:28am
Hi guys. I think this is the first time I am posting here but I am glad that it is not to ask a question but to share. I decided to really look at this trading system last night and decided to take a trade with it this morning. Now I know I may not have followed the rules perfectly but the result was to me extraordinary compared to the other trading systems / methodologies that I have tried. As can be seen in the attachment, I took a sell position on the GBP/USD before the candle had closed outside the wave however it had broken the pivot for the day and I used that as my move in point. The other unorthodox thing was to take this trade near news time where I stood the chance of losing out on this trade. Luckily, the indicators where completely right and the news complimented the indicators.

http://www.forexfactory.com/attachme...1&d=1389799453
I made 80 pips on this trade and decided to close it out when I realize it was not breaking the Fib S3.

This may be beginners luck but I will continue to post my results as others have and try to stick to the rules of the system.

All the best.
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  • #64,104
  • Jan 15, 2014 9:44am Jan 15, 2014 9:44am
Quoting trexy123
{quote} sonic your broker allows you to trade without deposit?

This is how it shows up when you filter by daily record..


Inserted Video


Sonic
  • #64,105
  • Jan 15, 2014 10:32am Jan 15, 2014 10:32am
EURUSD add new long orders
Very nice activity below hole numer 1.36000

TF M1
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  • #64,106
  • Jan 15, 2014 11:44am Jan 15, 2014 11:44am
Quoting traderathome
{quote} EURAUD Short Trade Update: Added shorts #3-4, Scouts, as the price was progressively pushed towards the upper whole number SR. It might still be pushed to/thru it, in which case if accompanied by notable volumes I intend to add Scout(s). Set TP in area of RWL and a half number, but is tentative thru this week. We cannot know how price will move next, but I'd not be surprised if PA next constructs a nice Classic short setup. Note the volume peak as the Market Makers pushed the price to highs in this early part of the Asian session. They are...
EURAUD Short Trade Update:

Added shorts #5-6, Scouts, as the Market Makers returned the price up into the overhead S&R area for more accumulation of short orders. On M1 at that time, you could see that activity increase once the price made it above the whole number. This is a PVSRA indication the MMs are bears, in this case assumed to be accumulating short orders. No TP set at this time.
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  • #64,107
  • Jan 15, 2014 11:48am Jan 15, 2014 11:48am
anyone else on this one ?
looks like a classic sonic but ....i'm not sure about the volume
please fell free to comment
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  • #64,108
  • Edited 12:22pm Jan 15, 2014 11:51am | Edited 12:22pm
Quoting traderathome
AU Long Trade Opened: Entered long #1, Scout. The Market Makers have dropped the price back towards the lows of the day, into what I consider a S&R area. Even on M1 notable activity is not appearing, so if the MMs are accumulating longs, they are spreading out their buys to hide the fact, and the price could be pushed even lower by them. We cannot know how the price will move next, but this seems a decent place to start a long trade. If the MMs push the price lower, and if in doing so there are PVSRA signs indicating they are bulls, then I might...
AU Long Trade Update:

I have added longs #2-5, Scouts, as the Market Makers continued to work the price back to the lower S&R area, not knowing exactly when the push down would cease. No TP set at this time, but it is a pretty sure bet the price will return to at least the 0.9050 level. If the MMs return the price below the 0.8900 whole number, I intend to add another long Scout.
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  • #64,109
  • Jan 15, 2014 11:58am Jan 15, 2014 11:58am
Quoting traderathome
AN Long Trade Opened: Entered long #1, Scout, based on perceived MM activity at price spike to lows (see post above: could be huge MM activity on that spike that would never show up on just broker servers). Note that the price was already below a whole number, and below RWL, too! What an ideal place to accumulate long positions! Note also, the AUD high impact releases coming in tomorrow's Asian session. No doubt the Market Makers already know the score. There is no law against "insider trading" in the currency market. Hell, the insiders in the currency...
AN Long Trade Update:

I've added longs #2-4, Scouts, as the Market Makers continued to push the price lower in their attempt to accumulate long orders that they will profit on once the bull run begins and long orders at higher prices start to come in for the Market Makers to fill. As you can see, the price low is below both RDL as well as RWL, which was a really good place for accumulating long orders. The throwback at the start of the US session is a whopping clue as to what is going to happen. No TP set at this time, but look at your H1 chart to see that RWH is a likely target.
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  • #64,110
  • Edited 12:28pm Jan 15, 2014 12:11pm | Edited 12:28pm
Quoting traderathome
EU Long Trade Opened: Entered long #1, Scout. This sudden move down, dominated by higher activity at the lower prices (view an M1 chart), and with the move down being to below the 1/4SR as well as DS2, suggests the MMs are bulls for the moment. I have been expecting a bull retrace before a more significant bear run. The MMs might be readying to put on such a bull retrace by loading up long orders during this current push down. And, I decided to enter a long trade, thinking there will be a bull retrace and that this sudden move down adds more pips...
EU Long Trade Update:

Entered long #2, Scout.

This is my worst trade this week. I started out with a Bear analysis and a short trade, which I closed for good profit after a good move down, thinking there will be a retrace for me to re-enter short. The retrace was very few pips and then the price started down more. At that point, I decided the MMs simply lowered the price a bit more to load longs for a longer retrace! I entered my long trade there, and that was a big mistake. I had up to that point controlled my thinking to only be a bear, to only short after retrace moves upwards. I violated this thinking and entered long. Now the price has dropped substantially again, down to RDL. Ok, so what should I do now, close my long or add a long Scout on the possibility that now the MMs will begin a retrace move?

I entered my second long Scout on this possibility, and I am somewhat comforted by all the higher activity in the US session once the price made it below the whole number because it is a premise of PVSRA that the MMs prefer to build long below key S&R levels, and there is no greater key S&R level than a whole number. I have set the TP near the center of the overhead consolidation area, near RDH. It is tentative. There is no telling to what extent a retrace move, if it happens, will raise the price. That is to say, there is no telling how aggressive the Market Makers will be in going after accumulating high priced short orders to profit on once the next bear run is permitted by them.
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  • #64,111
  • Jan 15, 2014 12:33pm Jan 15, 2014 12:33pm
Quoting traderathome
{quote} EU Long Trade Update: Entered long #2, Scout. This is my worst trade this week. I started out with a Bear analysis and a short trade, which I closed for good profit after a good move down, thinking there will be a retrace for me to re-enter short. The retrace was very few pips and then the price started down more. At that point, I decided the MMs simply lowered the price a bit more to load longs for a longer retrace! I entered my long trade there, and that was a big mistake. I had up to that point controlled my thinking to only be a bear,...
TAH , what is the indicator showing opened trades with prices on your chart ,average price and profit/loss in pips ? - Or you draw these manually?
Many Thanks
  • #64,112
  • Jan 15, 2014 12:40pm Jan 15, 2014 12:40pm
Loeil,
Check H1 for NZUSD now. I see here is "HEAD" and "SHOULDER" pattern.
So, time to......
Cheers!
Fuad.
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  • #64,113
  • Jan 15, 2014 2:22pm Jan 15, 2014 2:22pm
Quoting salas2
{quote} TAH , what is the indicator showing opened trades with prices on your chart ,average price and profit/loss in pips ? - Or you draw these manually? Many Thanks
It is the upgraded SonicR Trade Levels indicator, being field tested and readied for the coming release of all upgraded SonicR indicators and templates.
  • #64,114
  • Edited 5:01pm Jan 15, 2014 4:38pm | Edited 5:01pm
Hi guys. In a few hours, news coming out about Employment in Australian. What do you think, close all buy trades (AU) or stay in the market.
There is no place for wimps
  • #64,115
  • Jan 15, 2014 5:11pm Jan 15, 2014 5:11pm
Quoting trexy123
{quote} why do you say so?
Quoting loeil
{quote} Don't forget that everybody has his/her own method, own strategy, someone catches only 10 pips, someone 100 etc. At the moment AU chart(following by PVSRA) shows very clearly that MMs preparing to buy, adding long positions there and it is a signal for PVSRA traders. Other traders has to find some other train
Yes, you're correct. I know everyone has his own strategy, and I know you are very good trader. But if you be more picky, I'm sure you will get more pips. That's just some advice, no doubt of you.
AU high impact news in 1,5 hours. All success to you.

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  • #64,116
  • Jan 15, 2014 7:10pm Jan 15, 2014 7:10pm
Quoting MrAmazing
I know the reason why most of you buying AU. But it's better not trying catch the bottom, just be patient and discipline. I am done for today, so sleepy and tired.. Good night from my hometown. {image}.
No loss is profit.

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  • #64,117
  • Jan 15, 2014 7:39pm Jan 15, 2014 7:39pm
Quoting MrAmazing
I think EU still bearish. High volume at low is because EU hit MA 89 in D1 timeframe. Move up is a retracement. Like I said before, sooner or later EU will touch 1.35 or maybe lower. For many of you long this pair, I hope I am wrong. Do not overtrading. Always has planning for cut the loses. I like what sonic did with sonicH on NU pair. Nice trade. {image}
EU
I think today and/or tommorow is the day. Just my thought.

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  • #64,118
  • Jan 15, 2014 9:00pm Jan 15, 2014 9:00pm
UJ: Variable Short Eps 2-4 Added. Looks like 105 will get hit.
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insanity: Doing the same thing over... and expecting different results -AE
  • #64,119
  • Jan 15, 2014 9:04pm Jan 15, 2014 9:04pm
AUD/NZD just went on sale
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  • #64,120
  • Jan 15, 2014 9:18pm Jan 15, 2014 9:18pm
Quoting MrAmazing
I think EU still bearish. High volume at low is because EU hit MA 89 in D1 timeframe. Move up is a retracement. Like I said before, sooner or later EU will touch 1.35 or maybe lower. For many of you long this pair, I hope I am wrong. Do not overtrading. Always has planning for cut the loses. I like what sonic did with sonicH on NU pair. Nice trade. {image}
I agree with you that EU is predominately bearish, but the reason there was high volume at the lows was because the lows were below a whole number. MMs prefer to buy (to close shorts or to open longs) below whole numbers. It is that simple. Whole and half numbers are key S&R areas for this and for every market, and always have been. As such, they are major targets. If the market is bullish, it will attempt to load longs below such levels and close above them. If the market is bearish, it will attempt to load shorts above such levels and close below them. It is that simple.

The top of the retrace will likely come after the USD high impact release. That is when the MMs will likely spike the price up to create liquidity for their own accumulation of short orders.

I am anticipating the retrace will go at least to the 1.3640 area, but more likely a step higher to the 1.3650 area, based on the FR study in the attached pic. However, I'd not be surprised if the MMs spiked the price all the way up to the RDH area, either. By doing this, by stopping out shorts and by triggering pending long orders, the MMs gain the liquidity they can use to fill their own short orders. Note that the top of the FR study is just below another whole number. If the MMs are real aggressive about accumulating short orders ahead of a major bear run, then my bet is they will see to it that they get the price above that whole number to accumulate some premium short orders. It all depends on what their plans are for the next EU bear run and how expensive it will be for them to spike the price high enough to attain those premium short orders beforehand.
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