Sonic R. System | Page 3507 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Sonic R.evolution 95 replies

The System Behind the System, by Merlin Jeffries 16 replies

Old School Sonic System + Other Things 11 replies

Knife system, Vegas 4h system related questions. 4 replies

Would you trade this system? New system #2. 10 replies

Attachments: Sonic R. System
Exit Attachments

Sonic R. System

  • #70,121
  • Edited 9:27pm Apr 30, 2014 9:06pm | Edited 9:27pm
Quoting cigarguy
One Traders Opinion; IMO, the true value of trading PVSRA can be seen by dropping down to the 1m chart, zooming out and observing how MM's use the key levels depicted on your Sonic charts as support/resistance and manipulate price. (I am not suggesting to trade this t/f but to only observe PA) I feel the sometimes hidden/cloaked intentions of MM's can be revealed with a true understanding and observation how these levels are used coupled with the coincided volume not seen on the higher t/f's. Granted, trading higher t/f's during the LS can and will...
PVSRA on M1?

No one should receive news of such analysis with surprise. Here is from the post releasing our indicators......

"The M1 chart is excellent for spotting if higher trading activity is occurring at highs or lows. The M1 chart does not reveal the status of MMs continuously due to times of conflicting signals. However, when the MMs activity will provide clues, they will stand out in real-time best on the M1 chart."

Anyone finding new the concept of viewing the M1 chart for PVSRA input to use in their overall analysis has not done their homework! Thanks to folks like Cigarguy, any slackers at least get a hint.

-tah
  • #70,122
  • Apr 30, 2014 9:36pm Apr 30, 2014 9:36pm
Quoting traderathome
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 {image}
Even I could understand that. Thank you.
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #70,123
  • Apr 30, 2014 9:38pm Apr 30, 2014 9:38pm
Tah,
How are your short gbpjpy and gbpusd the one you entered a couple weeks ago? Still riding the losses?

I followed and still holding since pvrsa still bearish. But The loss so big now
  • #70,124
  • Apr 30, 2014 10:03pm Apr 30, 2014 10:03pm
Quoting SaiLyfee
{quote} Well, if I had to guess it would be somewhere between 1.68 and 1.7. Just an opinion I know, but it makes sense when you think about how greedy these types of MM's can be. That high-impact I think will help be a bit of a decider tonight in knowing if we go further up first or finally begin our ride down to hell {image} Not to mention, considering where GBPJPY is if I was an MM I sure would like to see it...
that is a important yearly level.. interesting..
  • #70,125
  • Apr 30, 2014 10:10pm Apr 30, 2014 10:10pm
Quoting traderathome
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...
I just trying to understand how this work.. my question is which tf the best to spot this kind of activity? On M30 and H1? I did read the PVSRA pdf.. I cant find it..
  • #70,126
  • Apr 30, 2014 10:13pm Apr 30, 2014 10:13pm
Quoting bolehbah69
{quote} I just trying to understand how this work.. my question is which tf the best to spot this kind of activity? On M30 and H1? I did read the PVSRA pdf.. I cant find it..

try looking at time frames as zooming out and in.. zoom in to 15m and 1m.. zoom out to daily and weekly. when you start to see it that way, you will understand a lot better
  • #70,127
  • Apr 30, 2014 10:19pm Apr 30, 2014 10:19pm
Quoting allisonmagic
{quote} try looking at time frames as zooming out and in.. zoom in to 15m and 1m.. zoom out to daily and weekly. when you start to see it that way, you will understand a lot better
thank you
  • #70,128
  • Apr 30, 2014 10:45pm Apr 30, 2014 10:45pm
USD/CAD - BULL.

Pre London sonic classic long setup is forming.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 76 KB
Take what the market gives you.
  • #70,129
  • May 1, 2014 12:00am May 1, 2014 12:00am
Quoting traderathome
{quote} PVSRA on M1? No one should receive news of such analysis with surprise. Here is from the post releasing our indicators...... "The M1 chart is excellent for spotting if higher trading activity is occurring at highs or lows. The M1 chart does not reveal the status of MMs continuously due to times of conflicting signals. However, when the MMs activity will provide clues, they will stand out in real-time best on the M1 chart." Anyone finding new the concept of viewing the M1 chart for PVSRA input to use in their overall analysis has...
hehe, some people just too lazy to read BUT want to succeed in forex ASAP.
  • #70,130
  • May 1, 2014 12:01am May 1, 2014 12:01am
Quoting traderathome
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 {image}
Hello SonicR's... I am a fellow SonicR and this is my first post on this forum, I think. . I just wanted to comment on TAH's post... This is THE philosophy that, once grasped, you will be able to be a profitable trader. I don't know if anyone here has played Rock, Paper, Scissors before, but I think the psychology of trading and that game are very similar. I won't belabor my first post by explaining children's games, but maybe you understand what I mean.

Regardless, I'm happy to be here and be a part of this great trading community.

TAH, you're a beautiful human being! Well said on your explanation of how the MM's "play" their game!
  • #70,131
  • May 1, 2014 12:23am May 1, 2014 12:23am
Quoting traderathome
If you believe by adding more indicators to your charts than what we prescribe, then please go elsewhere to lose your money.
thumb up
  • #70,132
  • Edited 12:59am May 1, 2014 12:44am | Edited 12:59am
USDCAD:

I must be going crazy. I am looking at M1 off and on for some time now, and I swear......after the MMs hiked the price above 1.0967 it looks as though the MMs are supporting it!

What is crazy is that this has been looking to shape up as a good long trade. Why would the MMs be supporting the price? It doesn't make sense!

Okay, so I tossed all bias and went with the theory that the MMs are supporting the price right now. How could that benefit them? Then this came to me!

Here is a theory from a crazy man. The MMs are supporting the price right now to force anyone wishing to go long to do so above 1.0967 area. Later, the MMs are going to whack it! And they won't have to whack it so much if all the more recently entered longs had to enter above their support price, given reasonable stops. Since the MMs can see the stops, maybe they see they can whack it back down to previous lows (25 pips below their 1.0967ish support) and eat most of the longs up. And maybe they are seeing that as a lot of liquidity to use for filling their own longs. Plus, right now the MMs might be taking the short side of every long which will make them profits when they whack this! And this means the MMs are going to whack it right back to previous lows, maybe even lower, at some point - what with all the USD releases coming this week - before they ever allow a full fledged bull run. And, therefore, I need to be stalking for a Classic short, not Classic long, even though it has been shaping up as a long?

And could the whack be even more substantial? Is this going down to RDL area, maybe even lower, and range there until the last of this week USD releases are in?

Does this make sense to anyone, or do I need to take a rest at the "funny farm"?
  • #70,133
  • May 1, 2014 12:49am May 1, 2014 12:49am
Quoting traderathome
USDCAD: I must be going crazy. I am looking at M1 off and on for some time now, and I swear......after the MMs hiked the price above 1.0967 it looks as though the MMs are supporting it! What is crazy is that this has been looking to shape up as a good long trade. Why would the MMs be supporting the price? It doesn't make sense! Okay, so I tossed all bias and went with the theory that the MMs are supporting the price right now. How could that benefit them? Then this came to me! Here is a theory from a crazy man. The MMs are supporting the price right...
It makes sense to me, basically, its the same ol' same ol' MM's supporting the price suckering in long trades as a way to retrace price back up to fill more short orders..
  • #70,134
  • May 1, 2014 1:04am May 1, 2014 1:04am
USDCAD Long Trade Opened:
Added Classic #1 after seeing heavy buying on M1 and pre-LS classic formed on M15
Attached Image (click to enlarge)
Click to Enlarge Name: m1.png Size: 40 KB

Attached Image (click to enlarge)
Click to Enlarge Name: m15.png Size: 41 KB
  • #70,135
  • May 1, 2014 1:08am May 1, 2014 1:08am
You inspire me.

Quoting traderathome
USDCAD: I must be going crazy. I am looking at M1 off and on for some time now, and I swear......after the MMs hiked the price above 1.0967 it looks as though the MMs are supporting it! What is crazy is that this has been looking to shape up as a good long trade. Why would the MMs be supporting the price? It doesn't make sense! Okay, so I tossed all bias and went with the theory that the MMs are supporting the price right now. How could that benefit them? Then this came to me! Here is a theory from a crazy man. The MMs are supporting the price right...
  • #70,136
  • May 1, 2014 1:08am May 1, 2014 1:08am
Quoting SaiLyfee
{quote} It makes sense to me, basically, its the same ol' same ol' MM's supporting the price suckering in long trades as a way to retrace price back up (meant "down") to fill more short orders..
Quoting SaiLyfee
USDCAD Long Trade Opened: Added Classic #1 after seeing heavy buying on M1 and pre-LS classic formed on M15 {image} {image}
1. You stated my theory that the MMs were deceiving longs had merit, that the MMs were shorting against longs while supporting price, so they could whack it for profit and so they could build long at lower prices while whacking it for profit.
2. Then on a sudden spike in price on M1, you entered long?
  • #70,137
  • May 1, 2014 1:12am May 1, 2014 1:12am
Quoting traderathome
{quote} {quote} 1. You stated my theory that the MMs were deceiving longs had merit, that the MMs were shorting against longs while supporting price, so they could whack it for profit and so they could build long at lower prices while whacking it. 2. Then on a sudden spike in price on M1, you entered long?
Yes, even though it may be part of a retrace move up, I am now more confident that a decent retrace move up is going to take place. Even though we're an hour out from LO it seems that the MM's trading during FO are ready for a rise in the price. This is one of those trades I'll be watching like a hawk.
  • #70,138
  • May 1, 2014 1:15am May 1, 2014 1:15am
Quoting SaiLyfee
{quote} Yes, even though it may be part of a retrace move up, I am now more confident that a retrace move up is going to take place. Even though we're an hour out from LO it seems that the MM's trading during FO are ready for a rise in the price. This is one of those trades I'll be watching like a hawk.
So, you think they are going to whip it, then whack it before they whip it real good.......right? (Friggin' Whippin' Whackers!)
  • #70,139
  • May 1, 2014 1:22am May 1, 2014 1:22am
Quoting traderathome
{quote} So, you think they are going to whip it, then whack it before they whip it real good.......right? (Friggin' Whippin' Whackers!)
Exactly! You put it into better words than mine since you are better practiced at writing your analysis than me
They may even do so during a high impact news release. These are the things I am taking into consideration
  • #70,140
  • May 1, 2014 1:24am May 1, 2014 1:24am
USDCAD closed
Close same orders becouse I see signal for me potential price down. I look and re+entry.
Attached Image (click to enlarge)
Click to Enlarge Name: usdcadm15-long-closed.png Size: 94 KB
149 traders viewing now