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Sonic R. System

  • #70,081
  • Apr 30, 2014 2:02pm Apr 30, 2014 2:02pm
Quoting traderathome
NZDUSD Short Trade Opened: Entered shorts #1-2. Short #1 was entered yesterday. I was so busy posting on EU I forgot to post this entry. I have just added when price broke down thru local support. PVSRA shows yesterday and today high volume at highs and coming down off the highs - both times above the whole number - indicating the MMs are bears accumulating short orders. {image}
NZDUSD Short Trade Dlosed:

Closed trade for 1,494.9 pips gain. I added all the rest of the crappy EPs after the initial posting, which reminds me of the saying, "Do as I say, not as I do."

This is a week of folks closing crappy trades. This is one of mine. I have more to come. Illustrates the wisdom of Sonic's advice to not add to a trade while in the red. Yes, eventually it can help, if..........you can endure the pain. But, in the end, it is still not worth it. Anybody can get sucked in if they do not heed this advice. And the outcome will not always be so pleasant.
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  • #70,082
  • Apr 30, 2014 2:09pm Apr 30, 2014 2:09pm
Quoting traderathome
{quote} NZDUSD Short Trade Dlosed: Closed trade for 1,494.9 pips gain. I added all the rest of the crappy EPs after the initial posting, which reminds me of the saying, "Do as I say, not as I do." This is a week of folks closing crappy trades. This is one of mine. I have more to come. Illustrates the wisdom of Sonic's advice to not add to a trade while in the red. Yes, eventually it can help, if..........you can endure the pain. But, in the end, it is still not worth it. Anybody can get sucked in if they do not heed this advice. And the outcome...
This just goes to show the experience needed in order to make smart scout entries.. I am not quite there yet so by sticking with only classic setups I can clearly define my R:R while building up my account.

I envy the way you can turn a loser into a winner
  • #70,083
  • Apr 30, 2014 2:32pm Apr 30, 2014 2:32pm
Quoting loeil
{quote} Well done Nice building
Special thanks to youl loeil, I have learned a lot from you!
  • #70,084
  • Apr 30, 2014 2:42pm Apr 30, 2014 2:42pm
PVSRA: GJ, Bull or Bear?

I like loeil's way of summary analysis based on volume/PVSRA, so I use it here.

We see weakness in the background. This means bears! Note the tall upper wicks for candles above, or striking above, the half number (some considerably so). Note the coincident higher volumes. This high volume on candles that make the highs spells weakness. The PVSRA consideration is that they all involve PA above the half number, an indication the MMs are probably bears now.

Therefore, Sonicers, it is time to be stalking for a Classic short setup. Note the upcoming GBP high impact releases. Either one, or at the conclusion of them, could be a move. Meanwhile, price action is likely to be stagnant due to MMs taking advantage of the higher prices for ongoing short accumulation.
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  • #70,085
  • Apr 30, 2014 2:50pm Apr 30, 2014 2:50pm
USDCAD: It looks bullish. MMs is buying below his favorite level.. below half number
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  • #70,086
  • Apr 30, 2014 3:04pm Apr 30, 2014 3:04pm
Quoting psaTrading
{quote} Congratulations for the very good trade!
Thanks, I must say thanks to TAH for all the progress specially knowing the MM ideology now, I used to be a follow the trend kind of trader..and I can now see thats complete crap!
YOUR MOTHERS ASS
  • #70,087
  • Apr 30, 2014 3:21pm Apr 30, 2014 3:21pm
Overall very impressive: none of the posters (except me ) in this thread lost money. Well, I am going to page 1 again....
The Market pays you to be disciplined
  • #70,088
  • Edited 3:36pm Apr 30, 2014 3:25pm | Edited 3:36pm
PVSRA: UChf, Bull or Bear?

Sonicers,

This example of analysis is an excellent opportunity for you to sharpen your PVSRA skills and trade entry skills. And let's give credit to loeil for providing by repeated examples the simple summary analysis illustration, based on volume.

We can see the several spread out situations where the price fell below the whole number and the overall high volume includes notable volume spikes. We can see the last group clearly has the notable volume tightly spaced as price is below the whole number, a good PVSRA indication of bulls.

What we have here is an example of substantial position building by bulls below the whole number. The first two times culminated in such continued buying that the price soared up thru the whole number. The MMs kept the drive alive to suck in longs. These other longs would eventually become food for the MMs, who later whacked the price right back down below the whole number, stopping the longs out. Now the MMs bulls are building their long positions below the whole number again.

This last Sonic R. System Classic long setup was good for at least 25 pips, or so. With the concentrated PVSRA signal at the current lows, the next one might be the biggy! Note that I just said, "....the next one....." As Sonicers becoming proficient with PVSRA, we still await the Classic setups, now with increased confidence in which ones to take, and which ones to take with increased trade size.

-tah
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  • #70,089
  • Apr 30, 2014 3:28pm Apr 30, 2014 3:28pm
Quoting Repsaj
{quote} Simply apply there may be a Classic Sonic R. System. And if that Classic is built, will open long, because it is implementing a system, is not it? There are volume, come from down a whole number, we could even have put a scout on 172,000 .. Moreover also counting on a possible construction of a cup with handle. H4 shows uptrend. {image} {image}
Classic Sonic R. System is responsible for my trades today.
And some of scalping trades on behalf of Classic.
Earnings: 141.81 eur (196.69 usd)
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Check your emotions. How are you?
  • #70,090
  • Apr 30, 2014 3:50pm Apr 30, 2014 3:50pm
Quoting Repsaj
{quote} Classic Sonic R. System is responsible for my trades today. And some of scalping trades on behalf of Classic. Earnings: 141.81 eur (196.69 usd) {image} {image}
Great stuff Repsaj, you're on your way..best of luck and continuation with success.
YOUR MOTHERS ASS
  • #70,091
  • Apr 30, 2014 3:54pm Apr 30, 2014 3:54pm
I'm short EURUSD but I will careful. Why?
D1, Weekly, Monthly chart is still bull at the moment for me.

D1
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W1
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M
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  • #70,092
  • Apr 30, 2014 4:08pm Apr 30, 2014 4:08pm
EURJPY.
1 EP on pullback of classic + 1 EP scale.
TP price level: Just above 142.000 where MMs will activate long PO's and stop out shorts before moving down.
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  • #70,093
  • Apr 30, 2014 4:09pm Apr 30, 2014 4:09pm
Quoting traderathome
PVSRA: UChf, Bull or Bear? Sonicers, This example of analysis is an excellent opportunity for you to sharpen your PVSRA skills and trade entry skills. And let's give credit to loeil for providing by repeated examples the simple summary analysis illustration, based on volume. We can see the several spread out situations where the price fell below the whole number and the overall high volume includes notable volume spikes. We can see the last group clearly has the notable volume tightly spaced as price is below the whole number, a good PVSRA indication...
I watching this pair.
I like this structure. It is the favourite
1. Price move down fast and inreasing volumen
2. Price flat
3. action for me signal to entry - red rectangle

Now I waiting for like action reaction (rectangle)
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  • #70,094
  • Apr 30, 2014 4:30pm Apr 30, 2014 4:30pm
EU:

Here is a subjective, speculative analysis.....

The spike down was the MMs manipulating the price down the queue taking the long side of pending short orders.
The drive up was the MMs supporting the price higher and higher up the queue, sucking in longs so the MMs could build short.
The ranging at the top is the MMs supporting the price while dumping their profitable longs and continuing to build short as longs continue to be suckered.

-tah
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  • #70,095
  • Apr 30, 2014 5:00pm Apr 30, 2014 5:00pm
Quoting traderathome
{quote} Please show the SonicR Trade Levels P/L label on your trade charts! -tah {image}
Quoting Jouker
{quote} Sorry, i want to show it, (i have not changed any settings) but i see this Label only on 1D chart. Maybe is problem, that this trade was closed some hours ago. Im not sure. I can't find anything about this in user manuals ..
Quoting traderathome
{quote} Jouker, Okay, if you have done your homework then the P/L label is on your charts. If it does not display it is because you need to squish the chart down so the label comes into view. You can accomplish this also by reducing the "30" pips offset default to a smaller number. Either that, or the "Lookback" time setting needs to be increased. So, when you get the label to show on your chart, please be sure to post what you found the solution to be, so as to inform others that might otherwise find themselves in the same situation[/highlight]...
Quoting Jouker
USD JPY closed profit from 6 positions, 149 pips {image}
Jouker,

I see you managed to get the SonicR Trade Levels closed trade P/L label to show on your chart.

I asked you to post what you found the solution to be...."So, when you get the label to show on your chart, please be sure to post what you found the solution to be, so as to inform others that might otherwise find themselves in the same situation."

Other Sonicers need to know, in case it happens to them! Your posting of the solution you found is an important a contribution to the thread as any posted trade.

What was the solution?

-tah
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  • #70,096
  • Apr 30, 2014 5:21pm Apr 30, 2014 5:21pm
I see Bulls, but I can be wrong, of course.
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Check your emotions. How are you?
  • #70,097
  • Apr 30, 2014 5:23pm Apr 30, 2014 5:23pm
Quoting Repsaj
I see Bulls, but I can be wrong, of course.
The beast is on the hunt. Looking for food.
  • #70,098
  • Apr 30, 2014 5:27pm Apr 30, 2014 5:27pm
PVSRA; USDCAD, Bulls or Bear?

Bulls in background. Might be a Classic long setup coming.

The interesting bit of analysis here is the first strike below the half number on notable volume (PVSRA = bulls). It was at those lows that the volume suddenly dropped for two bars. When price went back up a bit, the volume came back. This would suggest the MMs dried up the liquidity for longs and it wasn't until they manipulated the price back up the queue that they came into more pending short orders that they could take the long side of. Later they pushed the price down there several more times, seeing that the same area had refilled with liquidity for accumulating long orders. It appears the MMs are using the entire area from below the half number Level to just above the 3/4 Level for building long, but they are definitely coveting the lowest prices.

-tah
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  • #70,099
  • Edited 5:46pm Apr 30, 2014 5:34pm | Edited 5:46pm
Quoting allisonmagic
{quote} The beast is on the hunt. Looking for food.
Cryptic, but right on!
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  • #70,100
  • Apr 30, 2014 5:40pm Apr 30, 2014 5:40pm
Quoting Repsaj
{quote} What do you mean, oh great allisonmagic? Should I be scared or cheer me up? You Undo the ambiguity of your words!

don't be scared.

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