Sonic R. System | Page 3768 | 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

  • #75,341
  • Edited 11:44am Aug 22, 2014 11:29am | Edited 11:44am
Quoting Patron
AUDUSD close scalp. PD: Help for "difference between patterns." Look at the dragon (emas 34) and the trend (ema 89). Notice the swing A and the swing B. {image}
Now that you have resolved the differences in patterns, see the EURUSD ...

Attached Image (click to enlarge)
Click to Enlarge Name: true reversal.PNG Size: 95 KB


The reverse pattern authentic, as you have already guessed, must overflow a swing in the same grade or degree. Everything else is corrections.

PD: I hope the manager of this thread do not bother, if I make these observations. I have observed is that many traders confused correction, with reversal.
Donde hay Patron no manda Marinero
  • #75,342
  • Aug 22, 2014 11:34am Aug 22, 2014 11:34am
Quoting Ck87
{quote} Ok but that's just on one broker. You can't get around that fact.
with a respect, in my experience with my senior mentor on my hedgefund office, stare at Thomson Reuters screen and trading by read the volume tick will result the same decision. And the result of my client account is not a delusional fact. Someday you might be realized what I talk about today. Good luck to you and may green pips goes with you.
regards,
-GP-
It's all started from page one
  • #75,343
  • Aug 22, 2014 11:48am Aug 22, 2014 11:48am
Patron, I was just thinking that same thing. Holding a little longer...
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDproM15.png Size: 76 KB
  • #75,344
  • Aug 22, 2014 11:52am Aug 22, 2014 11:52am
Yesterday trade i was sad shoulda coulda woulda..
I closed my trade because of lack of movement then come the usd news were good and i expect down pressure but nothing happens i was already closed them comes another usd news nothing happened again.. usd weaken.. It makes me USD is fake bear, usd jpy falling when news are good doesnt make sence. And here u go MM raped all longers yesterday and eu is bearish
U can see the USD JPY manipulated too... How many of u get raped by shorting classic ??? or longin classic eu usd yesterday..
Well i was right last week with eur usd another acumulation all week this week they run.. we dont know what comes next week but titanic can aim lower so be ready for all the shit happens on euro
Euro usd aiming for 1,3130
Take care guys
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 109 KB
Click to Enlarge Name: Screenshot3.png Size: 100 KB
Click to Enlarge Name: Screenshot4.png Size: 116 KB
Build your own dreams, or someone else will hire you to build theirs.
  • #75,345
  • Aug 22, 2014 1:55pm Aug 22, 2014 1:55pm
Quoting Gupito1508
{quote} with a respect, in my experience with my senior mentor on my hedgefund office, stare at Thomson Reuters screen and trading by read the volume tick will result the same decision. And the result of my client account is not a delusional fact. Someday you might be realized what I talk about today. Good luck to you and may green pips goes with you. regards, -GP-

But you're still disregarding the fact. I respect your determination to find something that works and your work ethic. But why are you at least not admitting that it's true. Your volume analysis can't be as efficient as you want it to be because it's only your brokers feed, correct?

If it were the true volume of the entire fx market, you would be a lot better off, correct?
  • #75,346
  • Aug 22, 2014 2:14pm Aug 22, 2014 2:14pm
Quoting Ck87
{quote} But you're still disregarding the fact. I respect your determination to find something that works and your work ethic. But why are you at least not admitting that it's true. Your volume analysis can't be as efficient as you want it to be because it's only your brokers feed, correct? If it were the true volume of the entire fx market, you would be a lot better off, correct?
I believe yes, it would be like taking candy from a large oversized kid who had a bat and can of mase. Instead of trying to take candy of an equally armed ex-con, which it is now.
  • #75,347
  • Aug 22, 2014 2:25pm Aug 22, 2014 2:25pm
Quoting slimypips
{quote} I believe yes, it would be like taking candy from a large oversized kid who had a bat and can of mase. Instead of trying to take candy of an equally armed ex-con, which it is now.

Agreed, and so it is the same story as every other indicator out there. People are made delusional. I've been watching these markets daily for like 3 + years. I've yet to come across the holy grail indicator.

As far as I can tell the closest thing to holy grail is Discipline + Patience. It's always about the trader, not the system or method. It'll always be like that, till the end.
  • #75,348
  • Aug 22, 2014 3:27pm Aug 22, 2014 3:27pm
Quoting Ck87
{quote} But you're still disregarding the fact. I respect your determination to find something that works and your work ethic. But why are you at least not admitting that it's true. Your volume analysis can't be as efficient as you want it to be because it's only your brokers feed, correct? If it were the true volume of the entire fx market, you would be a lot better off, correct?
broker tick count : volume. Each tick count or price change mean an order filled.. if many tick count and price goes certain level, that shows that the majority of the market want it into certain level. Yes it came from broker. But broker get the price feed. Broker that using dma get the feed from liquidity provider. Liquidity provider get the feed from tier one bank. Bank get the price from each transactions occur at the market. In a simple word, each tick change mean that a heavy order filled at certain price. The more tick you got, and price move into some level area, it can be conclude that market are enthusiastic into that price. Why it should be delusion fact? One thing I have to say, in an example, my family are the big player of sugar commodity in my area. We have knowing by behaviour that each time the day of eid Mubarak, sugar spike up. The government often intervene by doing a price control before eid Mubarak came. Government push the price of sugar down to keep the inflation under control. My grandmother that have an experience with this business over 50 years, if you ask her, where the bottom of the price? She will answer, who care? We only knew that by the time of eid mubarak came, sugar will up. So, because she got a massive bullet, why not stacking?price drop, buy, drop again, buy again... why? Because, she already know, sugar will up. No need to know and understand where is the top or bottom. That's useless, and only a fool bussinesman did it. She count the risk, and maximize the potent to gain. That's the premise when we using volume as enthusiasm meter. No need to pick top or bottom. Price up, with an exhausted volume? Pick your level, and build like my grandmother. Where is the top? Only unexperienced trader ask that. Experience trader count, and judge the risk match with their account capital endurance. Can it survive to build, or to wait, or to fold? Your experience told that. Like eid mubarak event on sugar, as so with currency. Price move with exhausted volume, sooner or later, it reverse. By the time it reverse, we already build, and prepare to fold, while the unexperienced start jumping in. In other word, follow the herd, but exit before the herd. I doubt you have experience trading without a chart, and I have experience it since long time ago...
I hope it can enlight the other who have the same question, and sorry for my english, because it's not my native language
regards,
-GP-
It's all started from page one
  • #75,349
  • Aug 22, 2014 4:15pm Aug 22, 2014 4:15pm
hi

https://charts.mql5.com/5/513/eurusd...-group-ltd.png
  • #75,350
  • Edited 10:07pm Aug 22, 2014 9:10pm | Edited 10:07pm
Quoting Gold Miner
EU oh EU
EU oh my EU.

counter trend trading goldilocks just grab what they can off the table
then jump ship quick, before the bears wake
  • #75,351
  • Aug 22, 2014 10:15pm Aug 22, 2014 10:15pm
Quoting Tuffy
{quote} EU oh my EU. counter trend trading goldilocks just grab what they can off the table then jump ship quick, before the bears wake
Ya..
  • #75,352
  • Aug 23, 2014 1:15am Aug 23, 2014 1:15am
Quoting Gupito1508
{quote} broker tick count : volume. Each tick count or price change mean an order filled.. if many tick count and price goes certain level, that shows that the majority of the market want it into certain level. Yes it came from broker. But broker get the price feed. Broker that using dma get the feed from liquidity provider. Liquidity provider get the feed from tier one bank. Bank get the price from each transactions occur at the market. In a simple word, each tick change mean that a heavy order filled at certain price. The more tick you got, and...
Nice explanation .
  • #75,353
  • Edited 1:05pm Aug 23, 2014 11:56am | Edited 1:05pm
EURUSD situation could be like AUDJPY from the past month

Attached Image (click to enlarge)
Click to Enlarge Name: audjpy-h1-forex-capital-markets.png Size: 83 KB


Or it could be the same with GBPUSD from the beggining of the week where a lot of people were caught on the wrong side of the market and than price continued it`s movement down.

A bad thing would be if the price continues to go down but even though that H1 volume on the last big red drop is about twice than the average of a whole month back (or since it started dropping from last time) aprox date 7.14

Last consolidation area took about (aprox.) 5.28-7.14 the question here is were the MMs able to convert that ammount of money into profits for just two weeks or the drop continues till the next consolidation area?

Update of questions : Have the MMs get rid of all the shorts they accumulated at the previous consolidation area by tricking people into it?
possible question N2 : Have the 2 week long consolidation just to convert some of their positions into profits and the rest after the big fall ?which is over now? ?

I am not asking questions rather everyone who cares could answer them for themselvs.
Everything happens for a reason...
  • #75,354
  • Aug 23, 2014 11:56am Aug 23, 2014 11:56am
Quoting Ck87
Why does volume matter if it's only the volume on your brokers feed? Isn't that being delusional ?
Quoting Gupito1508
{quote} brother, definitely you never read from page one... I've explained on my PDF that's being linked at page one that volume of tick show us the enthusiasm into certain price level. I highly recommended you start from page one... regards, -GP-
Quoting Ck87
{quote} Ok but that's just on one broker. You can't get around that fact.
Quoting Gupito1508
{quote} with a respect, in my experience with my senior mentor on my hedgefund office, stare at Thomson Reuters screen and trading by read the volume tick will result the same decision. And the result of my client account is not a delusional fact. Someday you might be realized what I talk about today. Good luck to you and may green pips goes with you. regards, -GP-
Quoting Ck87
{quote} But you're still disregarding the fact. I respect your determination to find something that works and your work ethic. But why are you at least not admitting that it's true. Your volume analysis can't be as efficient as you want it to be because it's only your brokers feed, correct? If it were the true volume of the entire fx market, you would be a lot better off, correct?
Quoting Ck87
{quote} Agreed, and so it is the same story as every other indicator out there. People are made delusional. I've been watching these markets daily for like 3 + years. I've yet to come across the holy grail indicator. As far as I can tell the closest thing to holy grail is Discipline + Patience. It's always about the trader, not the system or method. It'll always be like that, till the end.
Quoting Gupito1508
{quote} broker tick count : volume. Each tick count or price change mean an order filled.. if many tick count and price goes certain level, that shows that the majority of the market want it into certain level. Yes it came from broker. But broker get the price feed. Broker that using dma get the feed from liquidity provider. Liquidity provider get the feed from tier one bank. Bank get the price from each transactions occur at the market. In a simple word, each tick change mean that a heavy order filled at certain price. The more tick you got, and...
The Case of the Bad Assumption

What we have here is a case of someone making a bad assumption, sticking to the assumption not knowing it is a bad one, and refusing to take the advice of those more knowledgeable by reading up on the matter.

Ck87, you are right that each broker has different volumes. You have assumed that means the volumes of every broker are unreliable. You have not experienced trading on different broker platforms long enough to realize your assumption is wrong.

We do not use the amount of volume. We use the relative changes in volume. The amount of volume differs from broker to broker. The times at which notable relative changes occur do not differ broker to broker.

World wide, across all the myriad of brokers, you will see that when there is a notable change in volume for one broker, there is a notable change in volume for all brokers. When there is a peaking of volume for one broker, there is a peaking of volume for all brokers. The actual volume count is immaterial for all brokers. It is the times of notable relative changes in volume that matter, and the times of peaking of volume that matter. Again, the actual volume count is totally immaterial.

I hope you have learned something here, more than just about volume.

-tah
  • #75,355
  • Aug 23, 2014 12:39pm Aug 23, 2014 12:39pm
Quoting traderathome
{quote} {quote} {quote} {quote} {quote} {quote} {quote} The Case of the Bad Assumption What we have here is a case of someone making a bad assumption, sticking to the assumption not knowing it is a bad one, and refusing to take the advice of those more knowledgeable by reading up on the matter. Ck87, you are right that each broker has different volumes. You have assumed that means the volumes of every broker are unreliable. You have not experienced trading on different broker platforms long enough to realize your assumption is wrong. We do not use...
Thanks
  • #75,356
  • Edited 10:52pm Aug 23, 2014 1:32pm | Edited 10:52pm
Maybe there are signs of regression (only volume). Price action is needed, too.
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd W no reverse.PNG Size: 78 KB

Attached Image (click to enlarge)
Click to Enlarge Name: eurusd D no reverse.PNG Size: 100 KB

Attached Image (click to enlarge)
Click to Enlarge Name: eurusd H1 only volume.PNG Size: 88 KB

I'll add a harmonic point (as a curiosity outside the Sonic system). Price has returned 62% of the last wave, and 38% of the wave. This could be a sign of correction or regression. Other harmonic formations have also been formed in H4 and H1 timeframes.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: eurusd armonico D.PNG Size: 105 KB
Click to Enlarge Name: eurusd armonico H4.PNG Size: 98 KB
Donde hay Patron no manda Marinero
  • #75,357
  • Edited 11:07pm Aug 23, 2014 2:37pm | Edited 11:07pm
USDJPY Weekly

For me, clearly bullish, in long term.
This pair could go back in lower time frames, looking for liquidity, whenever needs it .
Attached Image (click to enlarge)
Click to Enlarge Name: usdjpy w.PNG Size: 111 KB

Perhaps now is a good time for retracement.
Attached Image (click to enlarge)
Click to Enlarge Name: usdjpy D retrace.PNG Size: 122 KB
Donde hay Patron no manda Marinero
  • #75,358
  • Aug 23, 2014 9:01pm Aug 23, 2014 9:01pm
Quoting Gupito1508
{quote} broker tick count : volume. Each tick count or price change mean an order filled.. if many tick count and price goes certain level, that shows that the majority of the market want it into certain level. Yes it came from broker. But broker get the price feed. Broker that using dma get the feed from liquidity provider. Liquidity provider get the feed from tier one bank. Bank get the price from each transactions occur at the market. In a simple word, each tick change mean that a heavy order filled at certain price. The more tick you got, and...
This explain is so great!

Please help me to say thank you to your grandmother.
  • #75,359
  • Aug 23, 2014 9:02pm Aug 23, 2014 9:02pm
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_3.jpg Size: 86 KB
YOUR MOTHERS ASS
  • #75,360
  • Aug 24, 2014 5:33am Aug 24, 2014 5:33am
Dear Mr. Sonic and all sonicers,

First, thanks for sharing your great system

I have one question.
What is your view on EU this week? W candle Full body down with range 170 pips break strong support @ 13300 and 13250. Daily candle bear and H4 bear.

I have building long average @ 133xx (just like Loiel, prof TAH and other Sonicers bull Camp).

What my consider is "how low it can go" amid strong fundamental data for USD both for sort and medium term and negative view on Euro zone floading the news.

A lot red news this week for EU and if it will retrace then its the time as last week of the month usually for "profit taking" and "masking the candle".

Thanks and regards
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd-h4-trading-point.png Size: 56 KB
While knowledge speak up, the wisdom listen down
26 traders viewing now