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Sonic R. System

  • #71,701
  • May 18, 2014 8:18am May 18, 2014 8:18am
USDCAD:

As I say, I love commenting on this one because the Robber Banks are such Deceivers & Thievers on this one.

PVSRA continues to indicate the Robber Banks are Bulls, while they continue to hold the price down, and off and on whack it. Did anyone see this clue on M1 just before the close Friday? Nice.

For perspective, on M5 see how the US MMs continually pushed price lower in after hours trading, seeking out every dime of liquidity for longing when there were no other big hitter traders around to share it with.

A long trade on this one might actually turn out to be "The Trade of The Week"!
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  • #71,702
  • May 18, 2014 8:26am May 18, 2014 8:26am
Quoting feinan
I found this, im surprise someone make this video commenting SonicR, TAH will like this i believe. .. http://www.youtube.com/watch?v=bU3V3TbzAsE

Critic is good.. that mean to you have progressed..


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Sonic
  • #71,703
  • May 18, 2014 8:37am May 18, 2014 8:37am
Quoting traderathome
USDCAD: As I say, I love commenting on this one because the Robber Banks are such Deceivers & Thievers on this one. PVSRA continues to indicate the Robber Banks are Bulls, while they continue to hold the price down, and off and on whack it. Did anyone see this clue on M1 just before the close Friday? Nice. For perspective, on M5 see how the US MMs continually pushed price lower in after hours trading, seeking out every dime of liquidity for longing when there were no other big hitter traders around to share it with. A long trade...
I'm still holding my long position on USDCAD prof TAH, hopefully "The Trade of The Week" will come true
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  • #71,704
  • Edited 9:08am May 18, 2014 8:51am | Edited 9:08am
GBPJPY:

See on H1 that this is in an established down trend. The Classic short started with the Dragon angled down and below the Trend which was also angled down.

We do not have these conditions yet to support a H1 Classic long setup, and it could take a day or two for such conditions to exist. Meanwhile, the price could go back up without such conditions to support a Classic long on this H1 time frame. Anyone can easily see from this chart, without a lot of needless analysis work, that the area between the upper whole number and the half number above is a likely target area for any retrace upwards in this down trend.

If there is to be a retrace, the retrace target could be reached the first day of the week, based on average ranges. Remember, the first few days of the week are often spent by the Robber Banks repositioning prices to advantage their position building. So, it is natural we should be suspicious that they might hike the price early in the week to resume short building, and that this hike could take the price up into the area just mentioned, with maybe even a head fake move up thru the drawn TL to suck in more longs to get shorting liquidity at premium shorting prices.

So, if early on after the open this week the Asian session MMs whack the price and we see higher volumes coming in at the lows, it could be a sign they are loading up for the retrace move to well above the upper whole number. Whether or not there will be a M15 Classic long setup only time will tell, but such a Classic long retrace move up could be profitably traded based on the anticipated target area. It would be a counter trend trade and would need to be watched like a hawk.

Here is some speculation. Friday, the Robber Banks were putting on bullish moves. This was to suck in longs so they could add shorts. It was also to set the "Bullish Bias Mindset" into traders, so when this new week starts and if the Robber Banks begin hiking the price, they might Deceive & Thieve a lot of naive long traders, thereby making the price hike very profitable in terms of getting some good short building out of it. We cannot know how price will move next, so remember this is speculative.

What should we do? Simply trade what the market gives, but only when the market gives the right stuff at the right time, i.e., proper Classic setups.

-tah
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  • #71,705
  • Edited 4:36pm May 18, 2014 10:33am | Edited 4:36pm
When someone lacks certain wisdom , is forced to use the tools he knows.
In my case , I use technical analysis, wave analysis , volume analysis , price action: all included in Sonic R. System . To all this I would add my own experience as a trader and establish , from the possible scenarios , which I think are more likely. Usually , I succeed and I pay my bills .
Sometimes, unless I'm wrong, but I fail to disaster (Money Management).
When I post something, I try to do so the novice understand as best what I mean. Experienced traders may find this way of doing things heavy or boring. I apologize if so.

That takes work , but it's the only way I know to explain what I see .
Not much work is required ? I do not know .
I simply public with honesty and sincerity. And although I do not ask anything in return, it is true that many PMs receipt , thanking me the effort.
Benefits for me; motivation.

In the first post , I have found nothing to stop sharing my analysis. Instead, the first post makes it clear that...

The Reason
And why am I sharing this, while I do not earn a penny from you for my time and effort? Because I believe Sharing is Caring.

By the way, here are some posts that I personally do not like are published. But that does not give me license to openly criticize, because I also believe in respect.

I forgot to mention something very simple, because I assume that everyone knows.
Where does a trend? Where a trend start?
A trend ends in a reverse pattern and a trend begins with a reverse pattern.
An example is the reverse pattern of double bottom.
Check your emotions. How are you?
  • #71,706
  • Edited 2:32pm May 18, 2014 11:05am | Edited 2:32pm
Quoting Repsaj
When someone lacks certain wisdom , is forced to use the tools he knows. In my case , I use technical analysis, wave analysis , volume analysis , price action: all included in Sonic R. System . To all this I would add my own experience as a trader and establish , from the possible scenarios , which I think are more likely. Usually , I succeed and I pay my bills . Sometimes, unless I'm wrong, but I fail to disaster (Money Management). When I post something, I try to do so the novice understand as best what I mean. Experienced traders may find this...
GBPJPY.-

In my humble opinion, and always without personal encouragement. I would remind the thread that
Daily timeframe: Sideways
Weekly timeframe: Uptrend Correction

If we look only at the volumes of transactions in the daily chart we see that there is more interest in the lows than the highs.
What will it mean?
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Check your emotions. How are you?
  • #71,707
  • May 18, 2014 12:55pm May 18, 2014 12:55pm
Quoting Repsaj
{quote} GBPJPY.- In my humble opinion, and always without personal encouragement. I would remind the thread that Daily timeframe: Sideways Weekly timeframe: Uptrend Correction If we look only at the volumes of transactions in the daily chart we see that there is more interest in the lows than the highs. What will it mean? {image} {image}
GJ - I see strength in the background, so it looks bullish to me.

There was valid wave for classic followers too.

I keep my longs open.
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Whatever is obvious is obviously wrong!"
  • #71,708
  • May 18, 2014 3:44pm May 18, 2014 3:44pm
Quoting SaiLyfee
How I trade the Sonic R. classic / scout system: Recently in a few posts between loeil and TAH, was discussed the need to be able to take into consideration the 'background' and from the larger picture be able to determine when the optimal times for taking entrys on the M15 have arisen. This post is a showcase of what I personally do before considering a trade via the Classic and Scout entries we've all by now come so familiar with. Personally, I begin off looking at the DAILY charts of the pairs I'm interesting in trading. To help me do this I...
SailyFee - This is a brilliant post, and will sure help me indeed. A quick question - do you manually draw all those key support / resistance lines?
  • #71,709
  • Edited 5:22pm May 18, 2014 4:47pm | Edited 5:22pm
Quoting Repsaj
{quote} GBPJPY.- In my humble opinion, and always without personal encouragement. I would remind the thread that Daily timeframe: Sideways Weekly timeframe: Uptrend Correction If we look only at the volumes of transactions in the daily chart we see that there is more interest in the lows than the highs. What will it mean? {image} {image}
Repsaj,

Look at this! The analysis you are doing is based heavily on what happened three and four MONTHS ago! Good luck with that! The last couple of weeks has started a down trend. Yes, there might be a retrace in this down trend. It takes no fancy "analysis" to understand that.

You are missing the point of the Sonic R. System. Effectiveness thru elegant simplicity. And we try to keep it that way because it has never been improved by making it less simple,......NEVER! If you want to contribute to this thread, then do so per our way of doing things. We have a successful system because it is simple and therefore easily transferred to others. We are not at all interested in any added technique that makes it more difficult to easily transfer the Sonic R. System to others, so please keep it simple. Proper Classic setups is what counts. Analysis is usually a waste of time, and fancy analysis is even more so. Again, proper Classic setups is what counts. They can occur in either direction for a trend in either direction, and can defy analysis.

-tah

-tah
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  • #71,710
  • May 18, 2014 5:20pm May 18, 2014 5:20pm
I apologize to all the followers of this thread for having harmed with my analysis, although all of them have been successful so far.
But let me leave one last gem. The pair GBPJPY has not initiated any downtrend. And sooner rather than later GBPJPY will initiate an uptrend.

Humbly,
Repsaj.
Check your emotions. How are you?
  • #71,711
  • Edited 6:31pm May 18, 2014 5:38pm | Edited 6:31pm
GBPJPY:

In spite of what "fancy analysis" might be proclaming, this pair is definitely in a down tend. The H4 candle striking the highs on very high volume started the reversal to the new down trend. That was a crystal clear PVSRA indication the MMs were switching from bulls to bears. They used the bull momentum they created to close their longs at profit. Since then they have been using highs to build short, evidenced by the notable volumes coming off of highs. Apply the simple FE tool and you can see the levels this down trend has hit. You can use this simple tool, or the FR tool, to seek possible targets for any retrace move.

The Sonic R. System is effective thru elegant simplicity. It is also easily transferred to the most traders because it is simple. There is no need for it to be anything but simple. Destroy that and you destroy your effectiveness as a trader. Just look at all the other FF threads to see the proof of this. People come here and some want to introduce complications, as though they can improve our Sonic R. System for us. No way!

What matters here are proper Classic setups We need analysis only to understand the larger TF trend, so that we understand if a Classic is with the trend, or is counter to the trend. It makes a difference in risk, if a counter trend trade is left unattended and with too high of expectations. We really do not need analysis for anything else. Just a simple look at PA on larger TF charts is all it takes to understand the trend. And PVSRA is all we need for confirmation if the MMs are bulls or bears. We piece these two things together and decide what proper Classics to take.

Can the MMs switch from bears to bulls? Yes. Can they switch again from this down trend to a new up trend? Yes. If price starts to move up, can we know if it will turn out to be just a retrace move, or if it will turn out to be the beginning of a trend reversal? NO!!! Can we know how price will move next and when trends will reverse. NO!!!!! No analysis is reliable to do this. Do we care? NO!!!! All we care about are proper Classic setups and understanding if they are with the current larger TF trend or counter to it! We do not need fancy analysis for that. We never have, and we never will. And, if we get the larger TF trend wrong, does it really matter? No, not so long as we have our PVSRA MMs bias right and watch our Classic trades like a hawk, which we should be doing in all cases anyway.

This thread is about providing something that is effective so that it can help retail traders, and that is simple so that it can help the most of them. That is our creed here, KISS, and all posts should comply with the KISS formula.

-tah
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  • #71,712
  • May 18, 2014 6:37pm May 18, 2014 6:37pm
Quoting Repsaj
I apologize to all the followers of this thread for having harmed with my analysis, although all of them have been successful so far. But let me leave one last gem. The pair GBPJPY has not initiated any downtrend. And sooner rather than later GBPJPY will initiate an uptrend. Humbly, Repsaj.
Sonic theory and its associated indicators belong in an intra-day/intra-week trader's toolkit, at least that is what most traders on this thread are applying it for. If you are trading on the weekly charts and taking a long term position on GBPJPY then yes perhaps your comments are of some relevance because sure, it's in an uptrend and might continue its move after some consolidation...

But for a swing trade/day-trade, these things really don't matter. There's plenty of space above and below for GBPJPY, and given that current H4 trend is down, I find it hard to stomach anyone touting a long bias in the middle of nowhere.

I've left this thread a long time ago but since you're talking about my precious guppy I felt obliged to comment.

Good to see sonicers doing well

P.S. making a backhanded compliment to yourself disguised as an apology is just not cool man.
Build good relationships with others.
  • #71,713
  • May 18, 2014 6:38pm May 18, 2014 6:38pm
General Advisory

Sonicers,

Remember, we are at the start of a new week. Quite often the first days of the week do not present the best moves. The Robber Banks often use these days to reposition prices to advantage their building for the later moves they plan on making. Some of their repositioning moves can be traded profitably, but do wait for proper Classic setups. Pass on anything less then real good and proper and remember that better moves might come later in the week. Just be careful and be wise.

-tah
  • #71,714
  • May 18, 2014 6:46pm May 18, 2014 6:46pm
Quoting traderathome
General Advisory Sonicers, Remember, we are at the start of a new week. Quite often the first days of the week do not present the best moves. The Robber Banks often use these days to reposition prices to advantage their building for the later moves they plan on making. Some of their repositioning moves can be traded profitably, but do wait for proper Classic setups. Pass on anything less then real good and proper and remember that better moves might come later in the week. Just be careful and be wise. -tah
Well said, which is why I have stopped trading on Monday and Tuesday altogether and I encourage others to try the same (at least given current market conditions).

Less is more; you might be surprised.
Build good relationships with others.
  • #71,715
  • May 18, 2014 7:31pm May 18, 2014 7:31pm
Quoting Repsaj
{quote} Shellsnail Hello , I'm delighted to meet you. I respect your opinion, but I get the impression that you have just read one post of mine . If you read any further , you will realize that I am an intraday trader ( with about thirty thousand hours in my body). The charts I posted , weekly and daily , to show that we are in a correction that has not started any trend. I have seen that you have started a thread dedicated to his guppy . And I have seen that you are a scalper , and uses the M1 timeframe . I have to congratulate you. Although the...
I'm not a scalper... my TP is typically > 50 pips.
Build good relationships with others.
  • #71,716
  • May 18, 2014 7:35pm May 18, 2014 7:35pm
I've taken out the calendar on the bottom right of this chart for clarity.

I've drawn a vertical line in lime green color for clarity.

To me, this is clear "stop" volume
1) Very long volume bar, very, very small candle in comparison
2) Pin bar away from the whole number (1.0795 was the low of the Pin Bar)

To me, this would be a good LONG.
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  • #71,717
  • May 18, 2014 8:35pm May 18, 2014 8:35pm
CADJPY EURJPY nice pairs to trade...at this time

(I wander if this post qualify me to be on ignore list....
by the way buytosell is latest on the list.....next please)
The Market pays you to be disciplined
  • #71,718
  • May 19, 2014 1:37am May 19, 2014 1:37am
Hi, I am sorry to ask for help.. but I couldn't find a solution from the threads....

My FFCAL headlines is not showing any updates on the news again - it says "Additional News per setting is not scheduled".

I have tried opening a new chart and re-installing and applying the templates but it will not work.

The only way around is to uninstall and re-install metatrader4 and reapplying the templates - then it will work but for a few days, it stop working again. I cannot always be uninstalling and reinstalling MT4 in order to resolve this.

Hence, I'm hoping someone has a fix to this?

Many thanks
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  • #71,719
  • May 19, 2014 1:44am May 19, 2014 1:44am
EUR/JPY Bulls. High volume at the lows right before news.
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Take what the market gives you.
  • #71,720
  • May 19, 2014 2:24am May 19, 2014 2:24am
Quoting Tiggrrr
EUR/JPY Bulls. High volume at the lows right before news. {image}
I Scalped this as before LO i also see bulls.. but be careful big news..
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