Sonic R. System | Page 3604 | 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

  • #72,061
  • May 22, 2014 8:15am May 22, 2014 8:15am
AJ
I have taken a long scout on this pair. PVSRA indicates to me that this is has an acceptable chance of going higher before going much lower. TP has not been set and i dont use a SL if i can watch. I dont like spikes taking me out... i use candle closes. I do not recommend anyone else do this. I could be wrong but if i am thats ok because im in small and will not add until i see a classic taking my trade in the green.

Please critique...... constructively

Attached Image (click to enlarge)
Click to Enlarge Name: Untitled.png Size: 206 KB

Attached Image (click to enlarge)
Click to Enlarge Name: Untitled1.png Size: 230 KB
  • #72,062
  • May 22, 2014 8:21am May 22, 2014 8:21am
Quoting billko1977
AJ I have taken a long scout on this pair. PVSRA indicates to me that this is has an acceptable chance of going higher before going much lower. I could be wrong but if i am thats ok because im in small and will not add until i see a classic taking my trade in the green. Please critique...... constructively {image} {image}
AUDJPY:

You probably have a Classic long entry on M5. See how the Robber Banks manipulated the price below the whole number to accumulate longs, about a FR 62% retrace, too. I think you will do fine on this.
Attached Image (click to enlarge)
Click to Enlarge Name: may 2014 - 118.png Size: 66 KB
  • #72,063
  • May 22, 2014 8:26am May 22, 2014 8:26am
EURUSD Short Trade Opened:

Entered with three Classics.

I have been trading this up and down for some days now, but not posting. I decided to post this one to show folks what a Classic setup looks like.
Attached Image (click to enlarge)
Click to Enlarge Name: may 2014 - 119.png Size: 66 KB
  • #72,064
  • May 22, 2014 8:36am May 22, 2014 8:36am
Quoting traderathome
EURUSD Short Trade Opened: Entered with three Classics. I have been trading this up and down for some days now, but not posting. I decided to post this one to show folks what a Classic setup looks like. {image}
Thank u Tah for your response... its much appreciated.

As far as your EU trade i too have been watching this one but i have come up with a completely different PVSRA. Do u mind maybe sharing what your seeing?
This is what i came up with.
Attached Image (click to enlarge)
Click to Enlarge Name: Untitled.png Size: 214 KB
  • #72,065
  • May 22, 2014 8:37am May 22, 2014 8:37am
Quoting traderathome
EURUSD Short Trade Opened: Entered with three Classics. I have been trading this up and down for some days now, but not posting. I decided to post this one to show folks what a Classic setup looks like. {image}

Better bet to be a short side..

abit late to short for me..


Inserted Video



Attached Image (click to enlarge)
Click to Enlarge Name: eurusd.em15.png Size: 84 KB


Sonic
  • #72,066
  • Edited 9:22am May 22, 2014 8:48am | Edited 9:22am
Quoting billko1977
{quote} Thank u Tah for your response... its much appreciated. As far as your EU trade i too have been watching this one but i have come up with a completely different PVSRA. Do u mind maybe sharing what your seeing? This is what i came up with. {image}
My interpretation at first, during the Asian session, was that yesterday the MMs stabbed price below the half number to accumulate longs, and that the Asian session MMs might retrace the price to load up more longs. However, when I saw the LO stab lower and then very quickly hike the price....well, if the MMs really were bullish, why were they so quickly running the price right back up.....and with such high volume, too! That is when I began to think I might have it wrong, that the MMs were actually still bears (have been overall for a long time now), that yesterday was a stab below half number to get shorts because that was where pending long orders would be sitting and would provide shorting liquidity, and now - with the green bar - the bear MMs were hiking price fast and furious ahead of the USD releases to suck in more longs so they could do more shorting at higher prices, while there was still time.

I did post my change in sentiment earlier, too.

One more thing, so obvious it is easy to overlook....dismiss.....and that is the fact that all day long the Dragon has remained below the Trend and both have been cycling up/down progressing lower. You know what Sonic says, "Let the Dragon and PA show the way." By the time the US opened and with releases, we had a very nice Classic short setup.

Back in the days before PVSRA a saying by Sonic was, "...PA, Dragon and a 'lil volume....", so as to clue Sonicers in about taking note of major volume spikes, but not try to micro manage a trade via every tall volume spike that appeared. I think the same is true now with PVSRA. We should take note of major volumes, but not try to micro manage - or in this case assume subsequent direction - based on every volume spike that occurs. PA and the Dragon, with a bit of volume, still reign supreme. PVSRA gives incredibly good clues, but only if we can fit the indications into the larger picture and have it come out making total sense. For this, we need also have a healthy understanding of how the market works....meaning how the Robber Banks work the market.....something for which I am sometimes criticized, and sometimes made fun of, for putting significance to. A case in point happened today. We see now how it is turning out.
Attached Image (click to enlarge)
Click to Enlarge Name: Untitled.png Size: 214 KB
  • #72,067
  • May 22, 2014 8:48am May 22, 2014 8:48am
Quoting billko1977
{quote} Thank u Tah for your response... its much appreciated. As far as your EU trade i too have been watching this one but i have come up with a completely different PVSRA. Do u mind maybe sharing what your seeing? This is what i came up with. {image}
I agree with you. And we(not only me) had different opinion on GJ yesterday. TAH short GJ yesterday but the price went up unfortunately. I wonder weather TAH still keep it or stop loss already.
  • #72,068
  • Edited 9:01am May 22, 2014 8:50am | Edited 9:01am
EurUsd

My Super TINY scout, finding his way home~
Attached Image (click to enlarge)
Click to Enlarge Name: eurusdm5.png Size: 94 KB



Updates
My TINY scout found his way home before USD Existing Home Sales news...
scalp some +24.7pips
Attached Image (click to enlarge)
Click to Enlarge Name: result eurusdm15.png Size: 76 KB


-AdrianC.
  • #72,069
  • May 22, 2014 8:50am May 22, 2014 8:50am
XAGUSD Classic Long opened and closed with profit 360pips.

The price hit the TP which was set around RDH.
Attached Image (click to enlarge)
Click to Enlarge Name: forex38.png Size: 56 KB
Trading is not easy
  • #72,070
  • May 22, 2014 8:54am May 22, 2014 8:54am
Quoting sonicdeejay
{quote} Better bet to be a short side.. abit late to short for me.. http://www.youtube.com/watch?v=dpmAY059TTY {image} Sonic
That's the reason "scout" is more popular than "classic".

Just like many other system, when we saw enough information for an entry, the time is too late.
  • #72,071
  • May 22, 2014 8:55am May 22, 2014 8:55am
Quoting xiaotiao
XAGUSD Classic Long opened and closed with profit 360pips. The price hit the TP which was set around RDH. {image}
Good Trades..


Sonic
  • #72,072
  • May 22, 2014 8:59am May 22, 2014 8:59am
Quoting traderathome
{quote} My interpretation at first, during the Asian session, was that yesterday the MMs stabbed price below the half number to accumulate longs, and that the Asian session MMs might retrace the price to load up more longs. However, when I saw the LO stab lower and then very quickly hike the price....well, if the MMs really were bullish, why were they so quickly running the price right back up.....and with such high volume, too! That is when I began to think I might have it wrong, that the MMs were actually still bears (have been overall for a long...
I will be taking that line of thinking and watching very closely to see how it actually plays out. I was more of the mindset that they pulled in shorts by running down and then the massive green upbar was MM's stopping the shorts out for buying liquidity. thanks TAh
Attached Image (click to enlarge)
Click to Enlarge Name: Untitled.png Size: 214 KB
  • #72,073
  • May 22, 2014 9:00am May 22, 2014 9:00am
Quoting AdrianC
EurUsd My Super TINY scout, finding his way home~ {image} -AdrianC.
Hi... sorry if that's maybe off topic... are the green bars on the right side of your chart a Volume at Price indicator? If yes would u mind to share it? I culdn't find it in the attachments of this forum.

Thx
Lorenz
  • #72,074
  • May 22, 2014 9:04am May 22, 2014 9:04am
Quoting john.xgg
{quote} That's the reason "scout" is more popular than "classic". Just like many other system, when we saw enough information for an entry, the time is too late.
john.xgg

I see you are new here, so welcome!

Please take some time to read and understand post 1 before you continue any further. That way we are all on the same page and can be the most help to each other.

Thanks
Bill
  • #72,075
  • May 22, 2014 9:05am May 22, 2014 9:05am
Quoting lostjedy
{quote} Hi... sorry if that's maybe off topic... are the green bars on the right side of your chart a Volume at Price indicator? If yes would u mind to share it? I culdn't find it in the attachments of this forum. Thx Lorenz
Is in the paperclips at top!
File attachment Page 7, called the +TPO-Range.mql4
Need anything just search from there. Bunch of awesome tools & Rubbish tools

-AdrianC.
  • #72,076
  • May 22, 2014 9:09am May 22, 2014 9:09am
Quoting loeil
{quote} EU - seems very bullish to me. H1 - seems just some shaking, price back in range. M5 - interesting volume increasing when price touched support area. {image} {image}
EU - more bullish than yesterday.

M1 - price came exactly to the same support area for third time now, volume increasing.

My longs are placed, now just waiting up move
Attached Image(s) (click to enlarge)
Click to Enlarge Name: EUM1.png Size: 45 KB
Click to Enlarge Name: EUH1.png Size: 47 KB
Whatever is obvious is obviously wrong!"
  • #72,077
  • May 22, 2014 9:14am May 22, 2014 9:14am
Quoting billko1977
{quote} john.xgg I see you are new here, so welcome! Please take some time to read and understand post 1 before you continue any further. That way we are all on the same page and can be the most help to each other. Thanks Bill
thanks.
I've been watching this thread for weeks. And I'm still doing my homework.
Anyway, PVSRA is one of the best part of SonicR system and is very useful in other systems as well.

I like here although some unhappy things happened these days. But it's still awesome.
  • #72,078
  • May 22, 2014 9:21am May 22, 2014 9:21am
Hello guys,

Let's see at the AUDJPY chart D1 firstly - we see the "hummer", right?
So, we should looking for any position on BUY (buy stop order).
Then, we open the 15M chart where a blue line - is our buy stop order and below a red line our stop loss order.

Maybe it's not a classic and if the price go lower - this day we must forget and waiting for the good profitable day.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: audjpy-d1-alpari-limited.png Size: 64 KB
Click to Enlarge Name: audjpy-m15-alpari-limited.png Size: 83 KB
  • #72,079
  • May 22, 2014 9:21am May 22, 2014 9:21am
Dear all in the reading, please comment on my trade, volume increasing at the low and buy interest coming in...
let see....
Attached Image (click to enlarge)
Click to Enlarge Name: eurusdm15.png Size: 78 KB
Trade With PDF & Wisdom
  • #72,080
  • May 22, 2014 9:34am May 22, 2014 9:34am
Quoting john.xgg
{quote} That's the reason "scout" is more popular than "classic". Just like many other system, when we saw enough information for an entry, the time is too late.
We do not pick tops and bottoms here. We do not believe that by the time we see the proper information (Classic setup) it is too late. Do you bother to think about anything here? Just look at the EU Classic trade I just posted. It is a perfect Classic. I entered and was quickly in profit. Price went down and then retraced - at which point I added a Scout - and I now have four entries all high enough for what is to come to be very profitable.

What you say is not true. Scouts are not preferred except by those not understanding, or not fully appreciating the lower risk proper Classic trade, to which Scouts can be added while it is running green. You seem to be one of them that does not understand, nor appreciate. And, you seem to have a bad attitude. That is probably the first thing you should work on.

-tah
35 traders viewing now