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Sonic R. System

  • #67,821
  • Mar 25, 2014 9:06am Mar 25, 2014 9:06am
Usd/jpy Long closed could have been a better entry (or the market should have moved earlier)

my guess is that this will move more to the north, at least near the top of the range 102.50-60, due to the length of time consolidating in this area


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  • #67,822
  • Mar 25, 2014 9:31am Mar 25, 2014 9:31am
Quoting sonicdeejay
Howdy Prof.. USDCAD.. Looking bearish.. Sonic {image}
I think so.
I'm still holding on to my short last week.
I believe this is the week to make profit this
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  • #67,823
  • Mar 25, 2014 10:39am Mar 25, 2014 10:39am
looks like more buying on the AUD/USD ahead of the news

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  • #67,824
  • Edited 11:17am Mar 25, 2014 10:44am | Edited 11:17am
Coming down to a crucial area on the daily. Will it hold or break ?

H

edit - closed with good profits at price hit the 127 fib extension too

Will wait to add if price retraces.

H.
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"The future is already written in the past"
  • #67,825
  • Mar 25, 2014 10:47am Mar 25, 2014 10:47am
Quoting Pipocrates
looks like more buying on the AUD/USD ahead of the news {image}
AUDUSD:

This might offer a retrace downwards, maybe to the lower whole number S&R Level.....an opportunity for longs.....before the next leg up. Several high impact releases over next two days, so a big move might not come until these are out. Remember, we cannot know how price will move next, but PVSRA continues to indicate the MMs are bulls and PA has broken up thru the inverted H&S neckline on the DAY chart, indicating the bull MMs could be starting their "Run for Profits" phase. If so, a retrace down would indeed be a nice opportunity to look for a Classic long setup.
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  • #67,826
  • Edited 12:04pm Mar 25, 2014 11:30am | Edited 12:04pm
Quoting traderathome
EURAUD: I see this as bearish, not bullish. It doesn't matter that price has come back down to the 1.5100 whole number Level, because doing so does not automatically mean the price will reverse there. That is a very bad assumption to be making. We cannot know how price will move next, nor when trends will reverse. What we can know is if the MMs are bulls or bears, and we can continue with PVSRA until we see evidence that a "run for profits" phase has begun. I am once again posting the DAY chart on this one to emphasize the potential for a H&S after...

While I agree with you overall for the picture-- I will take opportunities when they arise--for a decent counter-trend trade. Having traded a few years now, I've found that the market does have a time/price/harmonic correlation to it--sometimes it's all 3, or just one or the other--the trick is to find out which one-- and to put as many correlations in your place as possible.


Time/price [market harmonics] isn't easy--it takes a lot of abstract thought.

I'm not a long term position trader [for the most part--I will be holding AUD/CAD a bit though--particularly after tonight's news at 10:30 [look at the wick that formed at that time last night--however, while there was a rejection above the 50 level, there was really no selling interest-- I think there's a final push up before a fall, and I have exited for a few pips already. [Double dipping for profits --most of the time this works in my favor]

I didn't put heavily into this trade--- having to leave for work and all. I knew I'd suffer a bit of a draw down, but I saw there's more potential for up than down, even though the trend is technically down. I think before any continued movement so fresh supply would be in order

[I'm not too keen on other pairs relative strength's/weaknesses--I guess I should learn--next time i will take that into consideration; and appreciate your comments and thoughts, TAH ]




I've added a chart just for fun---I know how extremely dangerous it is to try to predict the markets--no one can-- so the chart is just for fun.


The indicator you see is a modified regular Zig Zag --nothing special, that shows candle count and pip count of each leg it draws.





You'll see that yesterday buying occurred at the same time it started today--with more buying background than selling].






Along with seeing buying yesterday-- here's some more charts for consideration
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  • #67,827
  • Mar 25, 2014 12:11pm Mar 25, 2014 12:11pm
And out of Aud/usd

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  • #67,828
  • Mar 25, 2014 1:35pm Mar 25, 2014 1:35pm
Hi,
Long time no see guys, just came back after half year off from trading. Busted out two Accounts because of 'Greedy' last time.. This time i will consistently applying PVSRA on my trades.
By the way, i see bearish on GU, MM pushing to 1/2 level for more shorting. let see what happen tomorrow

feinan
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t.me/LWBRfx Discord.io/LWBR
  • #67,829
  • Mar 25, 2014 2:05pm Mar 25, 2014 2:05pm
Quoting feinan
Hi, Long time no see guys, just came back after half year off from trading. Busted out two Accounts because of 'Greedy' last time.. This time i will consistently applying PVSRA on my trades. By the way, i see bearish on GU, MM pushing to 1/2 level for more shorting. let see what happen tomorrow feinan {image}
welcome back!

and learning your limits IMO is half the battle!!
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  • #67,830
  • Mar 25, 2014 2:21pm Mar 25, 2014 2:21pm
EURGBP M30

Classic Sonic formation
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  • #67,831
  • Mar 25, 2014 2:38pm Mar 25, 2014 2:38pm
USD/CHF - long
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t.me/LWBRfx Discord.io/LWBR
  • #67,832
  • Edited 3:16pm Mar 25, 2014 2:55pm | Edited 3:16pm
Quoting MusicMoney
{quote} Having traded a few years now, I've found that the market does have a time/price/harmonic correlation to it--sometimes it's all 3, or just one or the other--the trick is to find out which one-- and to put as many correlations in your place as possible.
I couldn't agree more with this statement. I think that's one of the most important lessons that I've picked up through trading over the years.

From quickly scanning this thread, I can tell everyone and their dog is going to disagree with my trade, but I entered AU short. I don't buy this "H&S formation" at all. At the very least, there definitely isn't a textbook-looking H&S in play, and that means the market generally ignores it/doesn't respond to it promptly as those that spot it would like.

I trade what I see. I see weakness on the 1HR chart and the 15 min chart. AU hasn't had a true retrace in a while. Will look for profits once the retrace occurs.
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I'm a dog chasing cars.
  • #67,833
  • Edited 3:37pm Mar 25, 2014 3:09pm | Edited 3:37pm
I decided to close my previous PVSRA trades. UCad gave a lovely profit and was beginning to show some signs of bullish strength.

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Despite the initial bullish signs, GU never really took off how I would have liked. The spike was a sign of bearish strength, and the wicking on the recent 1hr candles are not the best indication of continued upward movement. GU may still go up, but IMO it went from a good long signal to a mediocre signal.

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Best of luck to everyone this week!
I'm a dog chasing cars.
  • #67,834
  • Mar 25, 2014 3:18pm Mar 25, 2014 3:18pm
Quoting ElectroGypsy
{quote} I couldn't agree more with this statement. I think that's one of the most important lessons that I've picked up through trading over the years. From quickly scanning this thread, I can tell everyone and their dog is going to disagree with my trade, but I entered AU short. I don't buy this "H&S formation" at all. At the very least, there definitely isn't a textbook-looking H&S in play, and that means the market generally ignores it/doesn't respond to it promptly as those that spot it would like. I see weakness on the 1HR chart and the 15...
Be careful about shorting this pair, you know, there is still BIG SPACE where MMs could push price (150-250 higher or more ) pips.
This pair is absolutely brearish. But I think it's soon to add shorts. I am waiting for better prices.
Traders with big pockets could start shorting now. But others don't
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  • #67,835
  • Mar 25, 2014 3:26pm Mar 25, 2014 3:26pm
A GA long entry was posted a while back, but I decided to add my own long position now. The 1hr chart shows market turnover taking place. If you drop down to the 15min, there are also a lot of lovely bullish PBs
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I'm a dog chasing cars.
  • #67,836
  • Mar 25, 2014 4:01pm Mar 25, 2014 4:01pm
Quoting ElectroGypsy
{quote} I couldn't agree more with this statement. I think that's one of the most important lessons that I've picked up through trading over the years. From quickly scanning this thread, I can tell everyone and their dog is going to disagree with my trade, but I entered AU short. I don't buy this "H&S formation" at all. At the very least, there definitely isn't a textbook-looking H&S in play, and that means the market generally ignores it/doesn't respond to it promptly as those that spot it would like. I trade what I see. I see weakness on the 1HR...
Agree with you, AU shows weakness. Yellow marked candles closed above the previous but volume very low. No buying interest.
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Whatever is obvious is obviously wrong!"
  • #67,837
  • Mar 25, 2014 4:48pm Mar 25, 2014 4:48pm
Quoting ElectroGypsy
{quote} From quickly scanning this thread, I can tell everyone and their dog is going to disagree with my trade, but I entered AU short. I don't buy this "H&S formation" at all. At the very least, there definitely isn't a textbook-looking H&S in play, and that means the market generally ignores it/doesn't respond to it promptly as those that spot it would like. I trade what I see. I see weakness on the 1HR chart and the 15 min chart. AU hasn't had a true retrace in a while. Will look for profits once the retrace occurs. {image} {image}

How I see AU-- 2 fibs used-- 1 is manual and the other is a indicator I modified to show monthly fibs [ taking a monthly candle and doing a fib on it]

Also some crazy math--it's used it price/time calculations.

Daily shows the pattern I am seeing--I noted the harmonics and time--A will equal D

AUDUSD will have a nice triangle just above 92---forming a nice harmonic. Although I don't think it will be the major move down to create a LL--- I think that will happen around 93xx--making a decreasing 3 drive up [each leg decreasing by 25-30%]
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  • #67,838
  • Mar 25, 2014 4:52pm Mar 25, 2014 4:52pm
Hello
I don't see charts and trades with classic sonic entry.
Everybody trade with scout entries ?
It's true why no one use classic entry ( it is not a good system ?)

Thanks for your answers.

Regards
  • #67,839
  • Mar 25, 2014 6:07pm Mar 25, 2014 6:07pm
i agree i see weakness on au and GA...au down at about 0.9193..and already long on GA
  • #67,840
  • Mar 25, 2014 7:00pm Mar 25, 2014 7:00pm
Quoting heavenpv
Hello I don't see charts and trades with classic sonic entry. Everybody trade with scout entries ? It's true why no one use classic entry ( it is not a good system ?) Thanks for your answers. Regards
This is the Sonic R. System of the Classic Trade

Read updated Post #1.

The Classic trade is the basic trade. Scouts are for other opportunities, and best if these opportunities are in support of a running Classic trade.

PVSRA is an analysis. The key is to find where the Market Makers are in their "Run for Profits" phase. When there is a retrace during the "Run for Profits" phase, it is the least risky time to enter a Classic trade and subsequently, as the MMs jack the price around, to look for opportunities to add Scouts also.

Folks come here and in a short while they think they got it all down real nice, and start showing some of their old stuff that is not of the Sonic R. System. This can get them expelled if they flaunt it because this is the Sonic R. System thread and we use what we use. Nothing else. If they are not satisfied with that, they are welcomed to go elsewhere, and they might even get some help leaving. If they really want to continue in their old ways instead of shedding their old baggage and becoming a true Sonicer, they really didn't need to come here in the first place, and they should not feel badly about turning around and leaving.

-tah
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