Sonic R. System | Page 3279 | 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

  • #65,561
  • Feb 12, 2014 9:17am Feb 12, 2014 9:17am
First post on here; although I have been lurking for a while and tried to get into the system in the past, it appears I just wasn't ready yet. Anyhow, here is what I am looking at at the moment Looking to go long if dragon angles up in the next few hours, already have my target SL and TP ready. If price still stays consolidated, I will have to pass on it and wait for tomorrow to see if other better opportunities present themselves.

Thanks for a great system and for the great support you show towards your community.
Attached Image (click to enlarge)
Click to Enlarge Name: first.gif Size: 61 KB
  • #65,562
  • Feb 12, 2014 9:18am Feb 12, 2014 9:18am
Quoting JRissa
EU Macro view at EU from pure PVSRA perspective to me looks hell of a lot like pumping price down to get loads of long positions by MM... I might pull the trigger with new long entry just before Draghi speech with pretty tight SL. It can give lost pips back +profit or it is going to be little more loss. So this is going to be my NEWS trade today purely based on way I use PVSRA on events like this. {image}
Just now I spotted this "breaking" news at forex factory. It was not in calendar, so I missed it. I would have deffinately taken profits away from EU and EJ and watched PA to show the true way.

Now if Draghi says that they are not considering this, price manipulation well played and EU goes back up to wait tomorrows USD high impact news.

I'm deffinately taking scout long EU with pretty tight SL just before Draghi speech...
Attached Image (click to enlarge)
Click to Enlarge Name: image.jpg Size: 158 KB
I know the secret...
  • #65,563
  • Feb 12, 2014 9:36am Feb 12, 2014 9:36am
Quoting loeil
GJ - closed for 3748 pips gain {image}
I wonder how much % profit did you make with this trade ?
  • #65,564
  • Edited 10:03am Feb 12, 2014 9:52am | Edited 10:03am
Quoting JRissa
{quote} Just now I spotted this "breaking" news at forex factory. It was not in calendar, so I missed it. I would have deffinately taken profits away from EU and EJ and watched PA to show the true way. Now if Draghi says that they are not considering this, price manipulation well played and EU goes back up to wait tomorrows USD high impact news. I'm deffinately taking scout long EU with pretty tight SL just before Draghi speech... {image}
Bought EU few seconds before news...

Not seeing so much impact on price action, that I was waiting for... Maby I should put SL to BE just to be sure...
Attached Image


Edit:
SL moved to BE.
Leaving it run.
I know the secret...
  • #65,565
  • Feb 12, 2014 10:04am Feb 12, 2014 10:04am
Quoting MrAmazing
{quote} Yes, now I am focus only this 2 pairs although I am interested in other pairs (especially AU). Focus make better entry and can control my money management better. {image}
My first trade scalp 2 long. Thank You for Your example.

Attached Image (click to enlarge)
Click to Enlarge Name: eurusdm5-12-02-2014-long-scalp-x2.png Size: 78 KB
  • #65,566
  • Feb 12, 2014 11:50am Feb 12, 2014 11:50am
AU Short mostly sell stops.
Attached Image (click to enlarge)
Click to Enlarge Name: audusdm15.png Size: 88 KB
There is no spoon....
  • #65,567
  • Feb 12, 2014 11:52am Feb 12, 2014 11:52am
EA Mostly Buy Limits, due to inconsistent market profile and unclear volume.
Attached Image (click to enlarge)
Click to Enlarge Name: euraudm15.png Size: 83 KB
There is no spoon....
  • #65,568
  • Edited 2:34pm Feb 12, 2014 1:52pm | Edited 2:34pm
Quoting VictorFF
{quote} Great! For curiosity, lot size use in your operations? I guess it must be low in order to open as many operations, no? Thank you.
Quoting msdogan
{quote} I wonder how much % profit did you make with this trade ?
Long-term trades only 0.02-0.04..Usually start adding 0.02 and if price falling/raising more then adding 0.03-0.04 trades.

Small long-term trades fits more with my lifestyle at the moment. I don't need a million today, so I can keep my trades small
Whatever is obvious is obviously wrong!"
  • #65,569
  • Feb 12, 2014 4:12pm Feb 12, 2014 4:12pm
Quoting JRissa
{quote} Just go to post #1, read it through carefully, read through all linked material and start trading with Classic Sonic R trades. Those are the highest propability trades around here with manageable SL Just be careful to take only purest Sonic R classic entries for starters and work your way to spot classic entries sooner and only after you master Classic trades, then start to worry more about scouts and PVSRA. Otherway you will be most possibly overloading your head. As Master Sonicdeejay says, take max 1-2trades per day and only take classic...

okay sir .,i heard you .,and i'll start reading the whole topic carefully .,i yet don't know what do you mean by classic trades sonic trades ? .,will i know that out after reading it all ?sorry for not knowing that though
  • #65,570
  • Edited 10:32pm Feb 12, 2014 5:51pm | Edited 10:32pm
UChf Long Trade Opened:

Entered long #1, pre-LS Classic.
Edit: About 4 hrs. later, added long #2, Scout. Price was brought down to previous support area that got broken by the "buying thrust" yesterday.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: feb 2014 - 061.png Size: 58 KB
Click to Enlarge Name: feb 2014 - 063.png Size: 58 KB
  • #65,571
  • Feb 12, 2014 5:58pm Feb 12, 2014 5:58pm
GU Short Trade Opened:

Entered shorts #1-2, Scouts. Price is finally above RWH and whole number, with notable volume coming back in when price arrived there.
Attached Image (click to enlarge)
Click to Enlarge Name: feb 2014 - 062.png Size: 58 KB
  • #65,572
  • Feb 12, 2014 6:14pm Feb 12, 2014 6:14pm
Quoting traderathome
GU Short Trade Opened: Entered shorts #1-2, Scouts. Price is finally above RWH and whole number, with notable volume coming back in when price arrived there. {image}
TAH

what price will you consider stop loss?
  • #65,573
  • Feb 12, 2014 6:37pm Feb 12, 2014 6:37pm
Quoting Msis125125
EA Mostly Buy Limits, due to inconsistent market profile and unclear volume. {image}
120 pips on 6 lots
Attached Image (click to enlarge)
Click to Enlarge Name: euraudm15.png Size: 85 KB
There is no spoon....
  • #65,574
  • Feb 12, 2014 6:49pm Feb 12, 2014 6:49pm
Quoting traderathome
GU Short Trade Opened: Entered shorts #1-2, Scouts. Price is finally above RWH and whole number, with notable volume coming back in when price arrived there. {image}
I would wait for 50*60 pips before start building SHORT!
There is no spoon....
  • #65,575
  • Feb 12, 2014 6:56pm Feb 12, 2014 6:56pm
Might not get there....I think market has shorted load of GJPY and GU today. This might very well be the swing high.


Quoting Msis125125
{quote} I would wait for 50*60 pips before start building SHORT!
Its all in the mind.
  • #65,576
  • Feb 12, 2014 10:46pm Feb 12, 2014 10:46pm
EURAUD Short Trade Opened:

Entered shorts #1-2, Scouts. Price is flirting with RDH. If it breaks the half number area, I might begin adding more.

The LS MMs have not been heard from yet, and could reverse this or pump this more before any reversal. They might be disadvantaged by this move up, and they have a lot of pumping/dumping power to try an correct such a situation. If they have been disadvantaged, it would be most likely they will attempt partaking of higher prices to offset any such disadvantage. If the current MMs have exhausted liquidity up to this point, there are only two things the LS MMs can do to get positions on at these higher prices: either wack the price to suck in shorts and then ram the price back up to stop them out, or ram the price up to stop out some that are already in short at the higher prices.

Time will tell.
Attached Image (click to enlarge)
Click to Enlarge Name: feb 2014 - 064.png Size: 64 KB
  • #65,577
  • Edited 11:45pm Feb 12, 2014 11:02pm | Edited 11:45pm
Quoting trexy123
{quote} TAH what price will you consider stop loss?
Egads! Using a SL?

For each trader it would be different, based on account ability to absorb draw downs. Either you believe in the trade or you don't. If price goes against you, the higher it goes the more likely it is to reverse back to your favor. I am no good at deciding at entry what that extreme price might be that I would capitulate, because the more extreme the price gets, the more likely it is to come back to me. It all depends on ongoing PVSRA, not some idiotic arbitrary price locked on at entry, accept for your account ability to absorb draw downs . Just how I do things and totally contrary to the conventional wisdom that has most traders sooner or later giving up all their money to the MMs via SLs and draw downs. I like to see how PA goes after I enter, and then decide based on ongoing PVSRA when to voluntarily close the trade.

Of course, one could always just call their Market Maker. He will gladly inform where all the obedient traders are neatly gathering their SLs just above or below some significant resistance or support, for him to later go get.

-tah
  • #65,578
  • Feb 12, 2014 11:50pm Feb 12, 2014 11:50pm
Quoting traderathome
{quote} AU Short Trade Opened: Entered short #1, a Scout. The MMs hiked the price to the half number Level. Not much is happening in the market, so in a way this is maybe a very good clue. {image} {image}
AU Short Trade Closed:

Manually closed for 1,562 pips gain. Added shorts #2-5 subsequent to initial post.
Attached Image (click to enlarge)
Click to Enlarge Name: feb 2014 - 065.png Size: 70 KB
  • #65,579
  • Edited 1:39am Feb 13, 2014 12:16am | Edited 1:39am
Quoting JRissa
{quote} Bought EU few seconds before news... Not seeing so much impact on price action, that I was waiting for... Maby I should put SL to BE just to be sure... {image} Edit: SL moved to BE. Leaving it run.

EU
Took long scout yesterday seconds before Super Mario speech and now SL at BE and price action still seems to me that it was manipulation to get liquidity from stoplosses and retail sell orders by MM's played with unschechuled news that said ECB is considering a negative deposit rate. Super Mario avoided to tell any info regarding this earlier news. Sounds like someone wants traders to take more short side before releasing current info on situation. Sounds manipulation to me.
Attached Image (click to enlarge)
Click to Enlarge Name: NEWS.png Size: 26 KB


Entry was purely based on PVSRA reading based on given info atm to trade news release.

Well according rules set by me to me with this SUPATREND template, I won't trade short side before "dragon" is blue. It's green again
Attached Image (click to enlarge)
Click to Enlarge Name: SUPA_EU.png Size: 80 KB


NU
Price has now pierced through "dragon" and previous days low and is heading down still. "dragon" has almost turned blue, so I pulled the trigger and entered short. I only need one longer candle down to get SL to BE. Right now SL is 28pips.
Attached Image (click to enlarge)
Click to Enlarge Name: SUPA_NU.png Size: 75 KB


USDCHF
Price is again under "dragon" and "dragon" has turned blue. Rules fullfilled, entered short.
Attached Image (click to enlarge)
Click to Enlarge Name: SUPA_USDCHF.png Size: 82 KB


AU
I hate it that all AUD releated high impact news comes at night when I'm sleeping. AUD high impact news 2:30AM local time today (5hours ago) got rules fullfilled and made perfect setup on AU that would be locked on profit side already. Can't take all setups Now I just wait and see if market gives me oppoturnity to enter scout afterwards.
Attached Image (click to enlarge)
Click to Enlarge Name: SUPA_AU.png Size: 72 KB
I know the secret...
  • #65,580
  • Edited 12:57am Feb 13, 2014 12:36am | Edited 12:57am
A Free PVSRA Lesson

PVSRA will absolutely nail down what the MMs are doing, but you have to be on the M1 chart to do this.

Example: MMs are accumulating short orders

Here is what the MMs will do. They will hike the price to/above a key S&R level, like the half number or the whole number. They will work the price to some level and hold it there, support it there. Now, for maybe a minute or so, or even less than a minute, the price will seem stagnant, or like nothing is happening. Then suddenly, you will see the price very quickly step down thru some levels, ending lower by several pips or more.

Here is what just happened. The MMs hike the price above a key S&R level to encourage longs. They support the price to deceive the longs. The longs, thinking they are smart, put in pending long orders, but below that level the MMs are holding the price at! But they are not smarter than the MMs, because that is exactly what the MMs want longs to do, just so long as they place their pending long order somewhere reasonable. The MMs support the price until they see enough long orders are pending to make their deception profitable. Once the MMs see enough pending long orders, they quickly pull their support of the price and let it drop back down to hit those pending long orders. The MMs now have taken that liquidity and added short orders themselves!

This can all happen within a minute of time, or less, but sometimes more. The key is that you can actually discern when this shit is going on via PVSRA!

This process (reversed for the accumulation of longs) goes on throughout the day, as the MMs work to accumulate orders of the side they most need, but it might be most noticeable whenever the MMs move the price thru a key S&R level, like up thru a whole number, or down thru a half number. The most important aspect of this is in seeing the direction the quick "back stepping" takes place. It is a dead give-a-way of which side orders the MMs are accumulating, and hence which direction the MMs are planning for the price to make its next big move.

Just remember, if for example the MMs are accumulating short orders, this process can happen over and over again, as the MMs continuously push the price higher. So, while it tells us what direction they are building positions for, it does not mean the price will immediately cease going up and that the MMs will immediately cease accumulating short positions via this method. Remember, we cannot know how price will move next, nor when trends will reverse. But we can know what the MMs are preparing for, and this is just another way of seeing them do in in real-time.

-tah
21 traders viewing now