Sonic R. System

SaiLyfee,

Just a thought, but seems a rabbit trail for someone unfocused, looking to shoot at anything that moves. Maybe "Nfp" can further assist you. (Don't ask..)

Aside from that source of "help", just know that you are limited to what the broker provides trading of thru the platform.

Yeah..to be honest, you were and are right. I admit I definitely got caught up in the moment and realise now from experience with it not to waste my time anymore. Its always going to better to trade for yourself rather than what anybody else 'tells' you. Let that be a lesson learnt.


Are you saying that its not possible to get these prices to display on the broker I'm with?

I have noticed that on USDCAD MM's have been hicking the price above whole number for about 2 days now and slightly above TL, does this mean they are building shorts positions for a drop this coming week? let me know if my analysis is on the right track, TY.

santos23,
Yes I totally agree with you that the MM's are building shorts by hiking price above important LEVELS. However I would advise not to be 'too quick' to short.
As you can see from the WEEK chart the MM's did ALOT of buying to stop the drop and in doing so have formed a nice big pintail to coax in long orders to the market.

This is great if you're an MM because this means that it will actually be cheaper for you to get prices higher where you want them to be and have better priced shorts! Not to mention all the buying they were doing in stopping the drop will make for some nicely added profits as part of a retrace move up.
Now, getting to the DAY chart.

We can see that this is indeed showing signs of bearishness.
It is my opinion that the MM's will reach a level fit enough to satisfy them such as possibly a 78.6/61.8/38.2 fibo or a whole number (PVSRA).
We cannot know how price will move, these are simply just 'potential targets' to keep in mind.
This all having been said, I would recommend that the secret to success in trading this system is entirely on the basis of what sonicdeejay has been saying for a long time now. If you haven't read it yet I would strongly suggest anybody who hasn't to see it down below where I have attached it. By incorporating this into our trading and being PATIENT, we are able to dramatically increase the likely hood of entering a higher probability trade. These candles act as 'sign-posts' for where the MM's are anticipating for prices to go next as the resulting of pintails is usually a clearing of stops.
We should always be on the sharp look out for resulting classics on the M15 once these have occurred.
It is also important to be aware and noteworthy of key SUPPORT & RESISTANCE and TRENDS on the DAY chart where these such candles form also.
Hope this helps

USDCAD daily .- This is what I see in the chart:

The last top is in a corrective wave (as it does not decompose in 5 waves of the same degree).
This would mean that in the long term, this pair should be bullish.

However the last low is lower than the previous; and this is how expanding triangles arise.
MMs exploit such triangles, destroying the stoplosss and pending orders. So Beware!

Of course, this is all very subjective. And I just wanted to point out a new possibility to consider.
We do not know where the money goes or where it will lead the MMs.

USDCAD:

Here is another analysis.

MONTH chart shows price now into an area that once represented support/supply. So, the question is what is the up/down ranging in this area all about, and which way next?

WEEK chart shows that ranging. I find the most interesting candle to be the last candle, because it is a hammer/pin bar suggesting the MMs whacked the price deep for long orders (hunting pending SL orders on longs). And by a very small margin on this chart, this candle shows the highest volume of the most recent of the candles. There is another previous pin bar in this range. It also took the price deep with a quick recovery.

H4 chart shows most of the most notable activity in the past few days is associated with the price being taken below the 1.0900 whole number, and another whack back down there after the price started up again. This smells like MMs coveting the lows for accumulation of long orders.

H1 is the chart I find most interesting because it might be showing something we do not often comment on. Obviously the first two high volumes marked are associated with whacked PA. It is the most recent high volume occurrence that might have a more interesting aspect to it. In this situation, the price is being whipped up real good! And right thru the half number and on up! What this might mean is the MMs wanted to make this drive up substantial enough so that those longs that have been suffering would, before they could hit the "close trade" button at the first sign of diminished losses or of small profit, have a chance to see a substantial move up. This is what the MMs do when they fear long suffering longs might sell and stall the run. They make the run fast and far (relatively speaking) in order to give hope to those longs to keep them from selling out. The reason the MMs do not want the first push up to stall should be obvious. Once long positions are built and a run up has started, you want to make as much headway with the least expense possible to maximize early profits. A new run up, under the threat of suffering longs becoming sellers and stalling the run, would require the MMs to aggressively absorb that selling. This amounts to adding more longs at higher prices in a small area just after the run starts. The MMs would prefer to use that money over a much higher price spread to add momentum to the run. Note also that the MMs supported the price into the close of the week, maybe just to be sure that suffering longs did not sell to close their positions. Anyway, if this particular analysis is correct, the MMs are definately bulls.

The most substantial trend is clearly up. The range the price is in is clearly 300+ pips. This is plenty of room for the MMs to make money whipping and whacking the price while "treading water" until they are ready for the next run. Unfortunately, we still cannot know how the price will move next. My own feelings lean towards the MMs being bulls that have spent the last several weeks putting on a great big bear routine to suck in shorters in order to have the liquidity the bull MMs need for maybe their final surge of adding longs before they start a bull "Run for Profits". And maybe the bull "Run for Profits" has just started. Time will tell.

So, I agree with Repsaj who (as I was writing this) just posted above his own analysis and reasons for being suspicious that the MMs are bulls.

AUDCHF:
In light of my last post I mentioned the "Secret to Sonic R" pdf file.
I thought that it would be nice to be able to give an example and luckily enough I have found what to me is a stunner.
Firstly, with any short "classic" entry its impotant to be patient enough for the trend to be above the dragon as this is a sign of weakness and a change in the trend. We can see this is the case here. Secondly, moving along to the DAY chart it is always good to see if this fits the profile of what Sonic would classify as a better entry. We can see that this is indeed the case with a nice setup of a pinbar, followed by another one inside of it suggesting nice downward potential. Finally, this is the kicker for me. If we look at the WEEK chart we can see this pair has been in a very strong downtrend for some time now and this may be turning out to what could become a headfake move up as part of a grab for shorts by the MM's. It is important to recognize that this pair going down means "Aussie" weakness against the "Swissie". If you are already proficient in PVSRA then I'm sure you would also be able to see that indeed the Aussie is due for weakening and the Swissie is indeed due for strengthening. We cannot know how price will move next, but this is definitely one in my eyes very well worth watching for the week to come

USDCAD.-
Traderathome said:" And maybe the bull "Run for Profits" has just started."
I totally agree. The odds, for me, are the 99%. So my strategy is to wait for the right retracement and look for longs trades.

I hope the price does not escape me for waiting as happens sometimes

Thanks TAH...good to know! I will give it a whirl...

Tah

reading the pdf in post one something come to.mind i want to ask.

when you designed pvsra and coloured candles and volume to highlight price and volume activity couldnt something be done to show accumilation or distribution areas to indicate either bulls or bears present?
i know you will probably say yes we highlighted vol and price bars....but i mean maybe a shaded area or arrows to show the bull or bear phases.
Was this considered when programming?
I see price and volume area covered but identifying the MMs positions as bulls and bears not highlighted.

im guessing this side was too difficult or too extensive to program?

Tah

forgive.me im not good at explaining.

i guess im saying you programmed to highlight candle.and volume for stopping volume.

how come not the accumilation and distribution phases as well?

devontrader,

Have you tried either drawing this areas by hand or using a supply/demand indicator? or maybe I'm missing your point. I personally find the indicator used in conjunction with PVSRA to be helpful. Just my opinion.

Cigarguy

it was just a thought and i didnt know if it was a possible yes or no.answer or an overlooked thing.

i had a thought and just wanted to ask the question if it was a possibility.
if.programmers or traders say no its too difficult to.do thats fine.

i just wandered thats all with all theae days that can be done with programming etc
would have been great if these zones were identifyed just like vol and price are

You.know cigarguy i love how clean your chart is with the supply and demand zones on.

im going to use that and try and learn the pvsra as im reading the 130 page pdf

devontrader,

I think most here draw the supply/demand zones by hand but I personally use this one. You may find it useful. Just be mindful, on low t/f's these zones can be taken out quickly.

Good Trading!

Regards,
Cigarguy

thanks cigarguy

whats the difference then with this one i have as well? is it newer?

Sonicers,

For those using multiple monitors, I happen to use 4 monitors and became frustrated not having the ability to move my charts from monitor to monitor. I found this software to be useful in detaching your MT4 charts and moving them from monitor to monitor. There are many MT4 floating chart software programs available, this just happens to be the one that I have found to be extremely user friendly and used for a few years. http://www.floatingcharts.com/. If this is helpful, you may want to search the internet and find one to your liking.

Just thought this might be helpful to some in the spirit of "caring is sharing".

Regards,
Cigarguy

devontrader,

It's your preference. I have found the one I use to be simple, clean and provide the sup/dem areas.

looks newer and have more options in settings. do you have mq4 file or description?

I use only win7. press win+P
but I have only 2 monitors

guys my first go at analysing a chart,,pls correctme if im wrong or if i miss something

gbpusd daily
price has bee marked up for a while and has reached the top where it is in a range.
i believe this is distribution by the MMs volume is kept in a nice tidy range andthen faked out to the down side so MMs can sell there hand to retailers thinking its going short.
price is again brought back up to the original range for more distribution to retailers in the hope prices are going higher,,but note the volume is dieing off,,so no effort to rise higher .
also can be a sign that there is not much volume left to sell so prices may be soon ready for lower prices.