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Sonic R. System

  • #68,441
  • Apr 8, 2014 11:26am Apr 8, 2014 11:26am
Quoting TaDaDa
{quote} Agreed for longs ... I was wondering what were the reasons for shorting ...
Many people say don't trade the news and I strongly agree, but only to the extent that you shouldn't be trading the news AS THE NEWS RELEASES. Once the market settles down we can then take a closer look at what MM's are really doing. There was bad news all week for the dollar and the results from such bad news will gradually take effect in the market. We saw this on UJ when price was hiked above 104.00 and formed a double top with huge volume. As the bad news kept rolling out the mm's built their shorts at high prices and within a couple days they erased the gains made the previous week. My question to everyone is, if the dollar is depreciating, why are we going to buy it? Essentially when you sell a pair xxx/USD you are saying that the dollar is gaining in value.

the -3 trillion dollar trade deficit that came out last week is a major sign that the US economy is still in debt and it's getting deeper.

I am still suggesting that you should not trade close to major impact news releases, but we all need to take into account the economics that are in play and use it in conjunction with PVSRA. It can be invaluable to understand both which is why there is a news calender on your chart.
  • #68,442
  • Apr 8, 2014 11:44am Apr 8, 2014 11:44am
Quoting Dyekid217
{quote} Many people say don't trade the news and I strongly agree, but only to the extent that you shouldn't be trading the news AS THE NEWS RELEASES. Once the market settles down we can then take a closer look at what MM's are really doing. There was bad news all week for the dollar and the results from such bad news will gradually take effect in the market. We saw this on UJ when price was hiked above 104.00 and formed a double top with huge volume. As the bad news kept rolling out the mm's built their shorts at high prices and within a couple...
Sometime because I already have a bias, I tend to read the PA & V according to what I want it to be. Hard to see things objectively with a neutrality ... takes time I suppose.

About PA at news ... so what you are trying to say is that with bearish news, WW tend to accumulate higher prices at the point of news release and vice versa?
  • #68,443
  • Apr 8, 2014 11:52am Apr 8, 2014 11:52am
Quoting TaDaDa
{quote} Sometime because I already have a bias, I tend to read the PA & V according to what I want it to be. Hard to see things objectively with a neutrality ... takes time I suppose. About PA at news ... so what you are trying to say is that with bearish news, WW tend to accumulate higher prices at the point of news release and vice versa?
From what I have noticed most of the essential signs we are looking for happen AROUND news releases. Price can be manipulated before and after. PVSRA tells us a story, we need to read it line by line. How does price move before the news.. how does it move after? Overall what does volume say about these moves, and what levels need to be looked at whether they are quarter/half/whole.

If you read a book you can't just skip to the end of each chapter and make a conclusion. You need to read it line by line, and sometimes in between the lines to get the overall picture. The hardest part about this market is figuring out what is a headfake, and what isn't. We always need to be prepared for any possible situation.

This picture says a thousand words
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  • #68,444
  • Apr 8, 2014 12:07pm Apr 8, 2014 12:07pm
Quoting traderathome
{quote} NZDUSD Short Trade Update: Added shorts #4-6, Scouts. The MMs continue to push up the price ahead of this week's USD releases. Not only that, but the analysis of the push up (M1 chart analysis) shows: (1) the higher activity is at the highs of each step up in price, and (2) there are occasional spikes down soon following new highs that indicate the MMs are quickly using up the liquidity for shorting that is created in the wake of their price hiking - new pending long orders placed below the new highs by long traders hoping to get in at a...
Hi TAH

I trade with different method but i follow your analysis about taking positions very very closely and it is always helpful in taking my decisions.

I have question that why most of traders do not use EU pair? Is there any specific reason?

Keep posting your valuable analysis.
Regards
Love for all; Hatred for none.
  • #68,445
  • Apr 8, 2014 12:15pm Apr 8, 2014 12:15pm
EU - M15


Can i say that circle area is accumulation of Shorts (building positions)?
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Love for all; Hatred for none.
  • #68,446
  • Edited 1:58pm Apr 8, 2014 1:10pm | Edited 1:58pm
USDJPY CLOSED

Ugly and out

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Lets see what I did wrong

1 I dont trade the 1 min charts usually just the 5
2 I averaged into a loser
3 No high volume confirmation on that level on the 5 min (which is why I went to the 1) (cheap shit))
4 A down move of that size basically 180 pips is going to require a longer accumulation period and with high volume buying to confirm the reversal
5 I made a bad trade on the eurusd and tried to "recomp" my losses
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I anyone can point anything else out I would appreciate it.
  • #68,447
  • Apr 8, 2014 2:29pm Apr 8, 2014 2:29pm
Quoting Pipocrates
USDJPY CLOSED Ugly and out {image} Lets see what I did wrong 1 I dont trade the 1 min charts usually just the 5 2 I averaged into a loser 3 No high volume confirmation on that level on the 5 min (which is why I went to the 1) (cheap shit)) 4 A down move of that size basically 180 pips is going to require a longer accumulation period and with high volume buying to confirm the reversal 5 I made a bad trade on the eurusd and tried to "recomp" my losses {image} I anyone can point anything else out I would appreciate it.
I have an advice; stop being arrogant and start listening what TAH, Loeil and other Sonic+PVSRA pro's are teaching.

Your trade with UJ that wiped many many trades profit was your own fault and you cannot blame system or community for that one. You picked first; USD=currency being in building phase for strenghtening and second; JPY=currency being pumped down for quite some time and clearly in phase of upcoming strenghtening. I'm for example started shorting AJ, AU, AC, NU and longing EA, GA.

Pick best pairs to trade atm and wait for clear signs. most times currencies doesn't change direction when you expect it, only shortly after or little before. Levels are mental and provide good oppoturnities to experienced big pocked traders to exploid less experienced traders. Position building works 100% of time with help of little market structure knowledge and most importantly PVSRA.

Many times has Professor TAH explained how to use PVSRA with Classics, but often it's forgotten. People consentrade too much position building the MM way (search thread) that many of us use mostly and stop evolving. I can now say that there is way to use PVSRA with extremely high precision, in fact so high that I'm currently really near leaving my day job and start enjoying my free time as trading is providing me all I need with little to no stress.

I can only advice every person here to strart learning from Professor TAH and Loeil. I would have said myself also, but I'm afraid I won't be here too much in future. Reason is simply something that Sonic has stated in facebook that I'm stricktly against.

Have green pips all and trade well.


JRissa
I know the secret...
  • #68,448
  • Apr 8, 2014 2:37pm Apr 8, 2014 2:37pm
Quoting JRissa
{quote} I have an advice; stop being arrogant and start listening what TAH, Loeil and other Sonic+PVSRA pro's are teaching. Your trade with UJ that wiped many many trades profit was your own fault and you cannot blame system or community for that one. You picked first; USD=currency being in building phase for strenghtening and second; JPY=currency being pumped down for quite some time and clearly in phase of upcoming strenghtening. I'm for example started shorting AJ, AU, AC, NU and longing EA, GA. Pick best pairs to trade atm and wait for clear...

So nothing... thanks anyway ass.

You literally just pointed out exactly what I said, how useless. Did I blame the system or community?

I am here to learn just like anyone else you ignorant moron.
  • #68,449
  • Apr 8, 2014 2:50pm Apr 8, 2014 2:50pm
Quoting Pipocrates
{quote} So nothing... thanks anyway ass. You literally just pointed out exactly what I said, how useless.
You want more clear answer?

First read again my post and find part about levels there and after that see this chart and tell me why would you jump all in long in this situation?
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If you wanna go fully in without foreplay, atleat do it only after things are heated up already! Got my point fool? I guess not but there's you're specific anwer if you just do little work yourself and think about it...
I know the secret...
  • #68,450
  • Apr 8, 2014 2:51pm Apr 8, 2014 2:51pm
Quoting Pipocrates
USDJPY CLOSED Ugly and out {image} Lets see what I did wrong 1 I dont trade the 1 min charts usually just the 5 2 I averaged into a loser 3 No high volume confirmation on that level on the 5 min (which is why I went to the 1) (cheap shit)) 4 A down move of that size basically 180 pips is going to require a longer accumulation period and with high volume buying to confirm the reversal 5 I made a bad trade on the eurusd and tried to "recomp" my losses {image} I anyone can point anything else out I would appreciate it.
Please refer to the charts below to see if you think anything I wrote makes sense.

Your No 5 imo is a great danger, maybe today it triggered a cascade of bad decisions. Try to take note of that "recomp" sentiment, when it's creeping into your mind. It might happen again and again, so at least there will be opportunity to practice identifying these tendencies when they appear... and eventually get rid of them / their effects.
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: 2014-04-08_[USDJPY,M15]_21-27.png Size: 54 KB
  • #68,451
  • Apr 8, 2014 2:54pm Apr 8, 2014 2:54pm
Quoting Pipocrates
USDJPY CLOSED Ugly and out 4 A down move of that size basically 180 pips is going to require a longer accumulation period and with high volume buying to confirm the reversal.
Quoting JRissa
{quote} You want more clear answer? First read again my post and find part about levels there and after that see this chart and tell me why would you jump all in long in this situation? {image} If you wanna go fully in without foreplay, atleat do it only after things are heated up already! Got my point fool? I guess not but there's you're specific anwer if you just do little work yourself and think about it...
God your an idiot. Please stop wasting my time.
  • #68,452
  • Apr 8, 2014 2:58pm Apr 8, 2014 2:58pm
Quoting dropkick-cat
{quote} Please refer to the charts below to see if you think anything I wrote makes sense. Your No 5 imo is a great danger, maybe today it triggered a cascade of bad decisions. Try to take note of that "recomp" sentiment, when it's creeping into your mind. It might happen again and again, so at least there will be opportunity to practice identifying these tendencies when they appear... and eventually get rid of them / their effects. {image} {image}

Thanks for you input cat, I felt off the whole day, that was a hint. Should have just closed the day with a small loss. Like I said I am here to learn.
  • #68,453
  • Apr 8, 2014 3:09pm Apr 8, 2014 3:09pm
Quoting Pipocrates
{quote} {quote} God your an idiot. Please stop wasting my time.
You sir are clearly fool and too arrogant to learn trading right now. Try againg after you hit puperty.

Good teacher newer gives the straight answer. Good teacher makes student to work and think. That's the only way to learn.

I'm not gonna waste more time in you. Lear some respect.
Attached Image
I know the secret...
  • #68,454
  • Apr 8, 2014 3:13pm Apr 8, 2014 3:13pm
dyekid217, do you run a youtube channel and have done music production now or in the past?
  • #68,455
  • Apr 8, 2014 3:16pm Apr 8, 2014 3:16pm
Quoting JRissa
{quote} You sir are clearly fool and too arrogant to learn trading right now. Try againg after you hit puperty. Good teacher newer gives the straight answer. Good teacher makes student to work and think. That's the only way to learn. I'm not gonna waste more time in you. Lear some respect. {image}
Bet I've made a hell of alot more than you in the past month. With a trade explorer to prove it. Where is yours?

YOU are an arrogant ass to think you are a good teacher.

Name calling is not a way to get on someones good side, which you started by the way you moronic sack of dog sh*t.
  • #68,456
  • Apr 8, 2014 3:20pm Apr 8, 2014 3:20pm
Quoting jdtrader
dyekid217, do you run a youtube channel and have done music production now or in the past?
Is he Petefader?

This is http://www.forexfactory.com/petefaders
  • #68,457
  • Apr 8, 2014 3:28pm Apr 8, 2014 3:28pm
Quoting Pipocrates
{quote} {quote} God your an idiot. Please stop wasting my time.
Keep your emotions cool, no one here is guilty if you for month build 5pips/day and then loose half of it in one day.
Go out, find some chick or drunk yourself, tomorrow will be better.
And, show respect to ppls here, dont be rude.
  • #68,458
  • Apr 8, 2014 3:55pm Apr 8, 2014 3:55pm
pipocrates,,,



i spent this past weekend reading all 3400+ pages of this system,yes all weekend,,,8am to around 10pm sat and sun.

if you read too like me its been mentioned so many times all manuals and pdf anddownloads for systemsare on page 1 post 1.

ive read your postings tonight (the past few before this)

jrissa is a well respected member of this group and i for one have loads to learn and would love to know the pvsa method that is damn goos as jrissa states,,,but im sure jrissa wont tell me,wish he would be sokind but will say same as me ,,,page 1 post 1---- read.


if you had read the basic rules you would have a plain simple answer to your basic question,,,,what am i doing wrong.

for give me

i know some but not all,,,
i would like answer to a question to as in does price have to cross to higher side of trend line as well as dragon to be valid long or is it just the dragon?

anyway
you say you see lots of buyers buying in defending 102 level?

well basics basics basics
correct me if im wrong
1st longs-----dragon and trend line faceing up
2nd shorts----dragon facing down and trend line facing down too.

i do not agree that you or any anyone my friend should abuse others,,,,ass or no ass.

may i remind you that many have given such time and effort to create this system and develop it for all to use and be successful.
all for free........
master sonic,,,,,prof tah,,,,,and jrissa,,,,,and others,,,,i thank you!!!!!!

ido not totally yet understand the system fully and would really like and appreciateif one would do a detailed reminder of the basics for the classic and the scout methods.

i will admit i am not one who can easily pick it up after reading and learn.

i will continue to study andany help appreciated.

but please anyone ,,,,,be greatful to all,,,we are here to help each other and to learn from each other.

NOT ABUSE!

thankyou guys again
devontrader
  • #68,459
  • Edited Apr 9, 2014 9:46am Apr 8, 2014 3:59pm | Edited Apr 9, 2014 9:46am
Quoting Pipocrates
{quote} Should I average down like every other loser? It just shows you the power of 5 pips a day I guess huh
5, 500 or 5K pips/day, its not matter, you just dont follow your own MM/RR. Im sure there is bunch of themes about money management in newbies section.
Im just ask you to respect ppls here, but... probably its on Sonic or TAH to manage thread.
  • #68,460
  • Apr 8, 2014 4:07pm Apr 8, 2014 4:07pm
Quoting JRissa
{quote} I have an advice; stop being arrogant and start listening what TAH, Loeil and other Sonic+PVSRA pro's are teaching. Your trade with UJ that wiped many many trades profit was your own fault and you cannot blame system or community for that one. You picked first; USD=currency being in building phase for strenghtening and second; JPY=currency being pumped down for quite some time and clearly in phase of upcoming strenghtening. I'm for example started shorting AJ, AU, AC, NU and longing EA, GA. Pick best pairs to trade atm and wait for clear...
Congratulations JRissa! I would keep seeing around here. However: my best wishes.
Newbie trader
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