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Sonic R. System

  • #68,981
  • Apr 15, 2014 1:55pm Apr 15, 2014 1:55pm
Quoting Mingary
{quote} Sure. Just notice. 1) it's a day to day operation. 2) The bank is exposed to market risk. 3) There is temporary collusion between banks when beneficial. 4) there is no driving price up or down for days and weeks by the banks as taught in this thread. That is simply ridiculous.
So what are you saying Mingary that the PVSRA is an imaginary fictional system?
YOUR MOTHERS ASS
  • #68,982
  • Apr 15, 2014 2:13pm Apr 15, 2014 2:13pm
Quoting santos23
{quote} So what are you saying Mingary that the PVSRA is an imaginary fictional system?
The premise is terribly misguided. When it does work out it's not because of the theory or the analysis.
It's only imaginary if no one has real money on the line, perhaps true for some.
  • #68,983
  • Apr 15, 2014 2:24pm Apr 15, 2014 2:24pm
Quoting Mingary
{quote} The premise is terribly misguided. When it does work out it's not because of the theory or the analysis. It's only imaginary if no one has real money on the line, perhaps true for some.
You could be man enough and just say it straight that you think this is all BS..how about that?
YOUR MOTHERS ASS
  • #68,984
  • Apr 15, 2014 2:40pm Apr 15, 2014 2:40pm
Quoting santos23
{quote} You could be man enough and just say it straight that you think this is all BS..how about that?
I can't say it's all BS if you can pick your trades carefully (and then hope for a retrace). That will work out most of the time especially if the size per trade is very small. One day there won't be a retrace.
  • #68,985
  • Apr 15, 2014 4:28pm Apr 15, 2014 4:28pm
EURJPY:

This is my take on why MM's are bears. It is only right before major news that price is whipped around so easily. The MM's are building their positions and taking out stops as they please. Today has been a huge range and price is now sitting near the highs again... right where the MM's want price to be. As you can see in my picture below the MM's broke south of the half number and quickly worked price back above it and resumed trading. Do you see how much volume occurred above the half number? (as noted by the rectangle) Tons of orders are being placed above this level... if the MM's were bulls they would have kept price below the half number and built positions. Once again price broke south of the half number and guess what.... there is hardly any noticeable volume at the lows where the quarter number lies. If I were long I would rather see price being worked down slowly to build longs, instead we are seeing price being worked up slowly to build shorts.

This is just my 2 cents on the EJ situation.
Attached Image (click to enlarge)
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  • #68,986
  • Edited 5:10pm Apr 15, 2014 4:34pm | Edited 5:10pm
Quoting Mingary
{quote} I can't say it's all BS if you can pick your trades carefully (and then hope for a retrace). That will work out most of the time especially if the size per trade is very small. One day there won't be a retrace.
Yes, and that's exactly what no one on this thread seems to understand.

Everyone here likes operating under the delusion that PVSRA analysis works, BUT EVEN IF IT DOES, it's not going to give a 100% win rate. Even if it gave you a 99% win rate, that 1% ends up blowing your account because you couldn't pick the top and you're too stupid to use a SL.

The alternative is to trade like TAH and take nano-lots. Sure you have 8,000 pip DDs, but it's not a big deal when 8,000 pips is only ~$2.

When the markets get slow it's always fun to see what the "PVSRA experts" have to say. If only 5% of traders are successful, of course the answer lies in the most popular thread on the most popular trading forum
"Serenity, you sound like a frustrated Canadian living your life in the US"
  • #68,987
  • Apr 15, 2014 5:17pm Apr 15, 2014 5:17pm
Quoting traderathome
YEN Pairs: Sonicers, Note the JPY high impact release tomorrow (about 19 hours from now). MMs might move prices back up a bit ... Time will tell. -tah {image}
Regards Master Tah,
i'm having the same Reading on a higher TF. (weekly)
Price have been going up on low volume, for me is a clear sign that there's no interest on higher prices...
Price is now inside a previous high dinamic supply zone. Also bellow resistance.
Last week as a high volume churn after a no demand week.
IMO the price is more "likely" to go down...
kinds regards...
Attached Image (click to enlarge)
Click to Enlarge Name: audjpyweekly.png Size: 54 KB
If you don't know how to earn money, don't loose it.
  • #68,988
  • Apr 15, 2014 5:40pm Apr 15, 2014 5:40pm
Quoting SerenityFX
{quote} The alternative is to trade like TAH and take nano-lots. Sure you have 8,000 pip DDs, but it's not a big deal when 8,000 pips is only ~$2. When the markets get slow it's always fun to see what the "PVSRA experts" have to say. If only 5% of traders are successful, of course the answer lies in the most popular thread on the most popular trading forum
Serenity fx

You only need about 60% win rate to make SERIOUS money....
If I was a better trader I might have a 70% win rate right now with what I know and I have TAH and Sonic to thank.
Recently as today I took a 5% loss which is rare and then went on using PVSRA to make back 2% strictly scalping ***this rule of drawdown beyond 5% has forced me to do a mental stop and close the position is a relative new rule this year for me this year beg 2014****

I am starting to think in percentages instead of pips/$...and is really the way to go....
This thread offers some real gold - if you choose to ignore it move on - we don't care....
everyone should keep rules of compounding $ in mind...It is amazing the amount of growth if you can make 5%/week/AVG

sorry no chart and probably should have just put you on ignore....

Important to keep in mind is that PVSRA is a work in progress and there are some excellent edges that we all can learn from....money management is obviously one of the most overlooked in the forex kingdom - 2nd to whole and half number entries- everyone on this thread does not trade the same - it's important to realize that bits and pieces can be used for your own trading styles...
Entries in the wicks over and over **PVSRA rules!
  • #68,989
  • Apr 15, 2014 6:57pm Apr 15, 2014 6:57pm
Quoting kdxrider3
{quote} Serenity fx You only need about 60% win rate to make SERIOUS money.... If I was a better trader I might have a 70% win rate right now with what I know and I have TAH and Sonic to thank. Recently as today I took a 5% loss which is rare and then went on using PVSRA to make back 2% strictly scalping ***this rule of drawdown beyond 5% has forced me to do a mental stop and close the position is a relative new rule this year for me this year beg 2014**** I am starting to think in percentages instead of pips/$...and is really the way to go.......
A lot of what you say is good info. Just a couple notes - You only need to win about 40% to make serious money. Maybe even less. There are good daytraders out there making 300% return per year and still losing the majority of their trades. Thinking in percentages isn't a bad idea.

You are the first Sonicer I've seen who has some proof to back up the basis of this idea (assuming your TE represents PVSRA trades). You are also the first Sonicer I've seen who has implemented some form of SL successfully. You have more validity as a successful trader than Sonic and TAH (though most will disagree with me). Keep up your profits for a few years, handle different market conditions, and then you will be a pro trader.

One piece of friendly advice: lookup "is money management an edge?" You'll find well written articles that talk about how it's not. MM in itself gives you no edge over any other trader.

EDIT: Yes, I should be on your ignore list.
"Serenity, you sound like a frustrated Canadian living your life in the US"
  • #68,990
  • Apr 15, 2014 7:51pm Apr 15, 2014 7:51pm
Hi, Just curious...... Do you have a link where there is data that proves this particular figure (95% losers) that I see posted on this forum over and over and over and over and over again?

I was under the impression that the link below is more accurate but maybe someone can finally put it to rest.... What do I know....

http://forexmagnates.com/exclusive-q...anda-slipping/

Quoting SerenityFX
{quote} If only 5% of traders are successful, of course the answer lies in the most popular thread on the most popular trading forum
SPC * Swollen PocketZ Crew!
  • #68,991
  • Apr 15, 2014 8:15pm Apr 15, 2014 8:15pm
Inserted Video
YOUR MOTHERS ASS
  • #68,992
  • Apr 15, 2014 8:27pm Apr 15, 2014 8:27pm
Quoting Dyekid217
EURJPY: This is my take on why MM's are bears. It is only right before major news that price is whipped around so easily. The MM's are building their positions and taking out stops as they please. Today has been a huge range and price is now sitting near the highs again... right where the MM's want price to be. As you can see in my picture below the MM's broke south of the half number and quickly worked price back above it and resumed trading. Do you see how much volume occurred above the half number? (as noted by the rectangle) Tons of orders are...
I think the volume must be studied from several points of view (timeframe, sessions, hours). The chart that you show seems to be no volume because the London session has closed and the timeframe you choose (M5) and displays it. However, I choose a H4 timeframe and seems otherwise.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: volume M5.PNG Size: 140 KB
Click to Enlarge Name: volume h4.PNG Size: 88 KB
Check your emotions. How are you?
  • #68,993
  • Apr 15, 2014 8:44pm Apr 15, 2014 8:44pm
Quoting SerenityFX
{quote} Yes, and that's exactly what no one on this thread seems to understand. Everyone here likes operating under the delusion that PVSRA analysis works, BUT EVEN IF IT DOES, it's not going to give a 100% win rate. Even if it gave you a 99% win rate, that 1% ends up blowing your account because you couldn't pick the top and you're too stupid to use a SL. The alternative is to trade like TAH and take nano-lots. Sure you have 8,000 pip DDs, but it's not a big deal when 8,000 pips is only ~$2. When the markets get slow it's always fun to see what...
SerenityFX,

Personally, I had you on "Ignore", but when you now suddenly show up again after Mingary, and tell lies about me of things you have no knowledge of, I draw the line.

You are permanently expelled.

-tah
  • #68,994
  • Apr 15, 2014 8:48pm Apr 15, 2014 8:48pm
Quoting kdxrider3
{quote} Serenity fx You only need about 60% win rate to make SERIOUS money.... If I was a better trader I might have a 70% win rate right now with what I know and I have TAH and Sonic to thank. Recently as today I took a 5% loss which is rare and then went on using PVSRA to make back 2% strictly scalping ***this rule of drawdown beyond 5% has forced me to do a mental stop and close the position is a relative new rule this year for me this year beg 2014**** I am starting to think in percentages instead of pips/$...and is really the way to go.......
I totally agree with your approach to this business. And I agree with every word of your post.
Check your emotions. How are you?
  • #68,995
  • Apr 15, 2014 8:51pm Apr 15, 2014 8:51pm
Quoting Mingary
{quote} Sure. Just notice. 1) it's a day to day operation. 2) The bank is exposed to market risk. 3) There is temporary collusion between banks when beneficial. 4) there is no driving price up or down for days and weeks by the banks as taught in this thread. That is simply ridiculous.
Mingary,

Why, because you say so?

I'd prefer to take my cues from my chart than from your opinion. It shows me what is happening, and when it is happening - any day of the week, week after week.

Go away. No, in fact, let me help you go away.

Bye,
-tah
  • #68,996
  • Apr 15, 2014 8:56pm Apr 15, 2014 8:56pm


Quoting traderathome
{quote} Mingary, Why, because you say so? I'd prefer to take my cues from my chart than from your opinion. It shows me what is happening, and when it is happening - any day of the week, week after week. Go away. No, in fact, let me help you go away. Bye, -tah
SPC * Swollen PocketZ Crew!
  • #68,997
  • Apr 15, 2014 8:57pm Apr 15, 2014 8:57pm
Quoting SerenityFX
{quote} Yes, and that's exactly what no one on this thread seems to understand. Everyone here likes operating under the delusion that PVSRA analysis works, BUT EVEN IF IT DOES, it's not going to give a 100% win rate. Even if it gave you a 99% win rate, that 1% ends up blowing your account because you couldn't pick the top and you're too stupid to use a SL. The alternative is to trade like TAH and take nano-lots. Sure you have 8,000 pip DDs, but it's not a big deal when 8,000 pips is only ~$2. When the markets get slow it's always fun to see what...
I do not understand what the goal of your words. Businesses operate. Look around you. The problem is who conducts business; then it might not work. Everyone is not capable of running a restaurant (95%). Does that mean that restaurants do not work?
Check your emotions. How are you?
  • #68,998
  • Apr 15, 2014 9:08pm Apr 15, 2014 9:08pm
Just my view on EurJpy
Japan news is 4hrs time.
Time will tell.
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-AdrianC.
  • #68,999
  • Apr 15, 2014 9:13pm Apr 15, 2014 9:13pm
The broker of this chart is ICMarkets. Do any of you have the same thing happened with that candle so long (about 68 pips)?
Attached Image (click to enlarge)
Click to Enlarge Name: compara otros brokers.PNG Size: 62 KB
Check your emotions. How are you?
  • #69,000
  • Apr 15, 2014 9:14pm Apr 15, 2014 9:14pm
Quoting AdrianC
Just my view on EurJpy Japan news is 4hrs time. Time will tell. {image} {image} -AdrianC.
Adrian from yesterdays volume hitting low levels i would first say MM's were accumulating long positions for todays new release, but after that we can see a sort of classic sonic breakout towards long upper levels, which only means that money is now being accumulated for short trades, it seems to me yesterdays levels might not have been related to todays news release and now the real activity is happening?
YOUR MOTHERS ASS
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