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Sonic R. System

  • #68,261
  • Apr 3, 2014 11:39am Apr 3, 2014 11:39am
Quoting traderathome
{quote} hycheah2000, Yes, it was a violation of this wisdom. And, I might add, Master Sonicdeejay gave me a tongue lashing for all my entries made while the MMs were pushing up the price. And he was right to do so. -tah
Hi TAH,

I am trying to learn the system, after reading many posts by you and other, I see that sometimes it is inevitable to add positions when MM are pushing the price in their favor to build their positions, if we want to build along with MM.

Unless, we wait wait wait until MM is ready to run for profit. Then we can add position when our trades are in green during re-accumulation.

That's why I come out with the question, whether we should build position along with MM(may need to add scout when price go against us), or build position when MM is ready to run for profit(during re-accumulation).
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  • #68,262
  • Apr 3, 2014 11:42am Apr 3, 2014 11:42am
Quoting diginime
PVSRA and Sonic R rocks, check it out. I dont mind show it out, close my GJ , AU, GU today. i can say, 3 days with 500+pips Thanks to TAH and sonic for showing how the system works, study carefully each chart, learn it , and master it! Now it's time for me to long AU, UC, EU i'll wait for a pull back and see what's going on after that. {image}

good job!
fxvps dot biz - Low latency, Low Cost & V. Fast FX VPS Servers - free trial
  • #68,263
  • Apr 3, 2014 11:44am Apr 3, 2014 11:44am
EJ update.

Bearish ...
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  • #68,264
  • Apr 3, 2014 12:28pm Apr 3, 2014 12:28pm
AUDUSD:

As with USDCAD (posted a bit earlier), the Market Makers have brought the price back down into the S&R area. If the price bounces here then it bodes well for longs, especially if there forms another Classic long setup.

There is risk in assuming that AU must move the same as EU, in assuming there should be a parallel to their movement. AUDUSD has been hammered down quite a bit (see highest TFs), while EURUSD has been pumped up quite a bit (see highest TFs). The Market Makers will use all sorts of methods to throw traders off the scent, so stay focused on the chart of what you are trading, and not contaminate your analysis by considering the chart of a different pair that you think should be moving in the same manner!

On the other hand, if AU falls thru this support (and not being a head fake) then another 150-250+ pips drop could be in store for it in the near term. And in that case, it would likely be paralleling EU. Such is my assessment, anyway. Just keep in mind that we cannot know how price will actually move next.

-tah
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  • #68,265
  • Apr 3, 2014 12:41pm Apr 3, 2014 12:41pm
Quoting sonicdeejay
This is my way of position averaging.. PVSRA analysis,,, As the pairs start to turn in the intended direction..In stead of rushing to close the trade..I try to add more positions,,, In that way,, less stress... For short position buildings.. we should add positions as the positions turn to green pips or less red... not the another way round.. Sonic {image}
Quoting sonicdeejay
Shorted GJ... My position was slipped by near 20 pips..due to news Sonic {image}
And what happened with GJ short what you took on 1 April ? Can't see it on your chart anymore..
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Whatever is obvious is obviously wrong!"
  • #68,266
  • Apr 3, 2014 1:34pm Apr 3, 2014 1:34pm
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Triple Classic Sonic R setup...


feinan
t.me/LWBRfx Discord.io/LWBR
  • #68,267
  • Apr 3, 2014 2:22pm Apr 3, 2014 2:22pm
Quoting feinan
{image} Triple Classic Sonic R setup... feinan
You may try pipware minichart: http://www.pipware.com/software/mini-charts.html
Neater.
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  • #68,268
  • Edited 3:59pm Apr 3, 2014 3:47pm | Edited 3:59pm
Quoting traderathome
Market Comment: I am thinking about changing the Market Makers acronym from MMs to WWs.... .....Whipin' Whackers! .....Which, to fit any occasion, could be easily reversed to WWs...... .....Whackin' Whippers! {image}
Haha! Nice to see a bit of TAH humour there

It would be fair to say that these WW's have been pulling out all the stops lately..see what I did there

..

But seriously, it looks like the same ol' after-hour antics "push up job" on low volume to me. Added part #4 at the half number again. I thought I'd highlight for others that this is an example of a Supporting Scout, which by definition is a scout added when the trade has already gone in your favour, as per the recommendation by Sonic. However some of my earlier scouts may have been regarded as an example of a Commando Scout. A clear definition of a Commando Scout would be an entry taken in anticipation of a classic entry before it occurring. These are okay, but caution and experience is recommended and are at your own risk! Anyway, this pair is looking seriously bearish! .. Sure it could go up still but I am under the impression that this is headed for it's all awaited "run-for-profits" phase soon. PVSRA is telling us the same story across the higher TF's, and the recent classic formations are suggesting further weakness also.
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  • #68,269
  • Apr 3, 2014 4:16pm Apr 3, 2014 4:16pm
NZDUSD:

Seems to be at an interesting level of support @8500. I see mm's working price down on low volume and resume buying as marked by the yellow.

And a 5m view as well, could MM's be pushing price down ahead of NFP for a reason?! We shall see
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  • #68,270
  • Edited 5:35pm Apr 3, 2014 5:19pm | Edited 5:35pm
Quoting traderathome
{quote}Enter on M15 per the Sonic R. System. Only add if price is moving in your favor, and that is best done while the trade is "in the green". Warning: be extremely wary and cautious about adding to a trade that is "in the red", even if it does seem that price is starting to move in the direction of your trade.....because we cannot ever know how price will move next! -tah {image}
Would you mind explaining the logic/evidence that confirms this strategy is a good idea? That's quite a statement to be making. It seems like it was decided rather hastily because of all the red everyone is seeing on their GJ trades...

I would think a much better idea would be to trade only when you get a great signal, regardless of whether or not you are in the red or green/price is moving up or down. I still very much stand behind the idea that the Sonic R System needs work when it comes to drawdown. I'm testing my own ideas, but I don't think it's a good idea to tell people what works best if something remains untested . Just my two cents.
I'm a dog chasing cars.
  • #68,271
  • Apr 3, 2014 5:26pm Apr 3, 2014 5:26pm
Quoting Dyekid217
NZDUSD: Seems to be at an interesting level of support @8500. I see mm's working price down on low volume and resume buying as marked by the yellow. And a 5m view as well, could MM's be pushing price down ahead of NFP for a reason?! We shall see {image} {image}
NZDUSD:
I know it may be early to be making such a prediction but my view of this pair is that they may push price up for further reaccumulation of shorts before whacking it back down and creating a H&S formation that would yield for a nice move down for the bear MM's. Time will tell.
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  • #68,272
  • Apr 3, 2014 7:52pm Apr 3, 2014 7:52pm
Quoting SaiLyfee
{quote} Haha! Nice to see a bit of TAH humour there It would be fair to say that these WW's have been pulling out all the stops lately..see what I did there .. But seriously, it looks like the same ol' after-hour antics "push up job" on low volume to me. Added part #4 at the half number again. I thought I'd highlight for others that this is an example of a Supporting Scout, which by definition is a scout added when the trade has already gone in your favour, as per the recommendation by Sonic. However some of my earlier scouts...
SaiLyfee,

You know, you have really blossomed lately. You have the definitions and the significance of things down pat. Your use of our template to produce clearly annotated analyses has the educational impact for others that has always been the goal, and is something that I, for one, fully appreciate.

Excellent contribution, Sonicer!
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  • #68,273
  • Apr 3, 2014 8:13pm Apr 3, 2014 8:13pm
Quoting Dyekid217
NZDUSD: Seems to be at an interesting level of support @8500. I see mm's working price down on low volume and resume buying as marked by the yellow. And a 5m view as well, could MM's be pushing price down ahead of NFP for a reason?! We shall see {image} {image}
NZDUSD:

M15 does show notable volume after the price dropped thru the half number. After the 150+ pips swing down, that could first be bull MMs buying to close shorts, in which case we might consider waiting for another episode of notable volume at lows as a PVSRA indication the bull MMs are now buying to accumulate long orders. Such an episode could occur during the LS today (last day of week) if the MMs whack n' whip the price in conjunction with the coming USD releases.
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Take a look at the H4 chart. It could be that price will be taken back up, maybe 75 to 100+ pips to form the other shoulder in a potential H&S formation? This is a possibility to be aware of, and if it happens then some really good down side could come later, maybe in conjunction with further strengthening of USD.
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Unlike AU, the NU pair is in the area of long time highs. Look at the MONTH chart! Certainly, the start of some significant downside would not be out of place now.
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  • #68,274
  • Edited 9:04pm Apr 3, 2014 8:34pm | Edited 9:04pm
Quoting ElectroGypsy
{quote} Would you mind explaining the logic/evidence that confirms this strategy is a good idea? That's quite a statement to be making. It seems like it was decided rather hastily because of all the red everyone is seeing on their GJ trades... I would think a much better idea would be to trade only when you get a great signal, regardless of whether or not you are in the red or green/price is moving up or down. I still very much stand behind the idea that the Sonic R System needs work when it comes to drawdown. I'm testing my own ideas, but I don't...
ElectroGypsy,

I think you misunderstand the meaning.

The statement "Only add if price is moving in your favor, and that is best done while the trade is "in the green" is not a mandate to add. It only means that if you are thinking about adding (due to whatever you see that has you thinking that way), it is recommended that you do not do so if the trade is "in the red".

IF things turn around, such entries "in the red" would become the most profitable ones, but Master Sonicdeejay is right to point out that taking such risk is inconsistent with the "low risk" theme of the Sonic R. System. He is right to specify that is not what we should be doing, except with great caution and reservation. We really cannot know how price will move next. If price has been moving against the trade it could continue to do so after we have added to the trade, increasing draw downs.

I have frequently added to trades in the red. Master Sonicdeejay is against the proliferation of such trading as a part of the Sonic R. System, to keep the risk down for Sonicers.

-tah
  • #68,275
  • Apr 3, 2014 8:59pm Apr 3, 2014 8:59pm
Quoting traderathome
{quote} ElectroGypsy, I think you misunderstand the meaning. The statement "Only add if price is moving in your favor, and that is best done while the trade is "in the green" is not a mandate to add. It only means that if you are thinking about adding (due to whatever you see that has you thinking that way), it is recommended that you do not do so if the trade is "in the red". IF things turn around, such entries "in the red" would become the most profitable ones, but Master Sonicdeejay is right to point out that taking such risk is inconsistent...
Ah, understood. Thank you for the clarification!
I'm a dog chasing cars.
  • #68,276
  • Apr 4, 2014 3:08am Apr 4, 2014 3:08am
Quoting traderathome
EURAUD and EURUSD: This is a beautiful H&S pattern that has come into play on EURAUD.....{image} And we have a corresponding H&S now in play on EURUSD......{image}
EA Shorts

Shifted my pending EP closer to PA but it was not triggered again … so close!

Grrr … *bites lips

Any advice on how you would better manage this peeps?
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  • #68,277
  • Apr 4, 2014 3:31am Apr 4, 2014 3:31am
GbpJpy

Good evening everyone!
During the Asia Session, most pair is playing in a tight range.
As on GJ, we saw a first push down yesterday and now staying around 172.250 areas where we can find price previously struggle on the chart attached.
We need a strong bearish candle to break through as another structure is just below it.
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So is the MMs push down to continue their "long position building" or "short run for profit", we can get some clues from 15mins PVA.
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Price is push down with increasing volume + after the push the retrace of price to 172.500 areas show MMs got no interest in building long but continue building short position above the 172.500 area.
And today's Asia Session tight price action (white box), Asia MMs still show some action above the 172.250 areas. So most probably they still interested to continue building short.

However I notice a huge Bearish Volume during the push down on the 15min tf, is that the "stopping volume", where MMs close their short position?

NFP scheduled later, trade safe.
-AdrianC.
  • #68,278
  • Apr 4, 2014 3:41am Apr 4, 2014 3:41am
Quoting TaDaDa
{quote} EA Shorts Shifted my pending EP closer to PA but it was not triggered again … so close! Grrr … *bites lips Any advice on how you would better manage this peeps? {image}
When did you shift your pending order? After the first or second high near 45? What made you think price might still reach your order after those highs had occurred? Those highs and wicks (add in some volume on my feed), they are basically screaming I AM LIKELY NOT GOING ANY HIGHER!! Particularly after the second high with that small pinbar. There was plenty of opportunity to enter above the 1/4 number, say at 30 or so. You could always split your positions to leave a part sitting up there at 50, if you're so inclined. Also, nothing wrong imo with entering at market after price missed your pending order for a bit worse of a price.
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  • #68,279
  • Apr 4, 2014 3:49am Apr 4, 2014 3:49am
Quoting dropkick-cat
{quote} When did you shift your pending order? After the first or second high near 45? What made you think price might still reach your order after those highs had occurred? Those highs and wicks (add in some volume on my feed), they are basically screaming I AM LIKELY NOT GOING ANY HIGHER!! Particularly after the second high with that small pinbar. There was plenty of opportunity to enter above the 1/4 number, say at 30 or so. You could always split your positions to leave a part sitting up there at 50, if you're so inclined. Also, nothing wrong...

Thanks dropkick-cat for the insight ... something to dwell on and marinate over the weekends.

Guess I am being stubborn for keeping pending EPs at better prices, which is working against me as you had so emphasized.
  • #68,280
  • Apr 4, 2014 4:42am Apr 4, 2014 4:42am
Just realized I dont have my news panel up ... anyone knows what I should do to get it up and running?
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