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Sonic R. System

  • #75,401
  • Aug 25, 2014 8:13am Aug 25, 2014 8:13am
Quoting jimmY213
{quote} sure its allowed. if it fits your trading style. it works well to place a TP.
Thanks for the reply. Yeah, I was thinking maybe fibo is best way to place a TP ><
(I tend to TP too early cos I didnt do that lastime).

Quoting Ck87
{quote} I've read it, still seems complicated to me. It's clearly a counter trend strategy, but I don't understand the specifics of how we can tell if MM's are long or short. According to what I've read, if they're pushing prices lower, they're bulls and vice versa. Which obviously is not true and is illogical...
Hi CK87, IMHO the logic is if they are bulls they would wanna buy at a much lower price (to maximise profits) when they start their bull run later though we do not know when. Also this helps them to dump their Shorts & also enable them to suck in more shorts traders, and kill longs trader for their liquidity in building positions.

Usually Tah and the others are right, though the problem lies with price entry... I guess that's why they recommend we enter trades light via classic entry or scout, and "build" position if PVSRA indicates our former entries are right

Please correct me if I am wrong everyone but that's my understanding so far
  • #75,402
  • Edited 8:36am Aug 25, 2014 8:14am | Edited 8:36am
Quoting Ck87
{quote} I've read it, still seems complicated to me. It's clearly a counter trend strategy, but I don't understand the specifics of how we can tell if MM's are long or short. According to what I've read, if they're pushing prices lower, they're bulls and vice versa. Which obviously is not true and is illogical...
Ck87,

Last week there were again posts explaining how the Market Makers get the liquidity to build long or short. I suggest you do your homework and read the information this thread contains. We do not have time to answer the same questions over and over for each new person that comes here and does not do their homework. If you do your homework and still cannot understand, then you have two options:

1. Remain and examine posts of others until it sinks in.
2. Leave.

When price is driven low with climatic volume there and following, either the MMs are bulls closing shorts, or they are bulls that have already closed shorts and now they are accumulating longs. When price is driven high with climatic volume there and following, either the MMs are bears closing longs, or they are bears that have already closed longs and now they are accumulating shorts. Market moves are all about (1) the MMs getting liquidity to open positions and (2) driving the price to profit on their positions.

By carefully examining multiple TF charts, looking on each to see the status of bull/bear swings, and the price action/volume at key S&R levels (PVSRA) we have a reasonable chance at determining if the MMs are bulls or are bears, whether they are closing or opening positions, whether they might be still building or now running the price for profits. It is a flow of events we have to strive to see, to reconstruct in our minds and then watch for ongoing PVSRA signs we have the sequence correct, at which point we will be able to best qualify any Classic setup that comes along. Trading profitably is not easy because the Market Makers know where all the buy and the sell orders are at and how profitable it would be for them to whip or whack, accumulate, and then push the price to cash in. The are in a sense always both bulls and bears, opportunistic bastards looking for which way they can screw the most traders and steal the most money. They can flip or flop directions in the blink of an eye sometimes out of pure greed because such an opportunity presents itself to them. The market is a business enterprise they run for their own profit, not ours.

-tah
  • #75,403
  • Aug 25, 2014 8:34am Aug 25, 2014 8:34am
Quoting jimmY213
nice little trade on UJ - waiting for a possible re-entry {image}
Nice filled gap.Well don !
  • #75,404
  • Aug 25, 2014 8:36am Aug 25, 2014 8:36am
Quoting traderathome
{quote} Ck87, Last week there were again posts explaining how the Market Makers get the liquidity to build long or short. I suggest you do your homework and read the information this thread contains. We do not have time to answer the same questions over and over for each new person that comes here and does not do their homework. If you do your homework and still cannot understand, then you have two options: 1. Remain and examine posts of others until it sinks in. 2. Leave. When price is driven low with climatic volume there and following, either...

Thanks for the explanation at the end there. And yes they are total bastards. I have seen so many times where I am on the right side of the next expected move, but like you describe in your posts I make the mistake of entering too big on first entry and they do one more push to knock me out before the next move happens. Seen it so many times, it's clearly not a coincidence.

Personal question for you: I know back a while ago you were adding to losers too much, have you started to do the opposite and now add to winners?

It really helps to send out the "probes" (smaller first entries) and then when we have confirmation we are right (trade is in profit) can then add more positions. I think it's the best way to give ourselves highest % chance of making money and not being beat by these scum bankers.

Thanks again, wish you well.
  • #75,405
  • Aug 25, 2014 8:44am Aug 25, 2014 8:44am
Quoting leentjai
{quote} Nice filled gap.Well don !


i re-entered UJ but im not sure if this is a nice spot. thats why i used such a short SL and TP.
in a perfect world i should have entered a bit beyond my TP for a classic entry right?

i am glade about any suggentions!


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closed EA for a possible re-entry

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  • #75,406
  • Aug 25, 2014 8:53am Aug 25, 2014 8:53am
GBPUSD: A "Heads Up"

A bullish break of a declining wedge has taken place. Notable volume at the break and on subsequent retrace are also bullish PVSRA indications.

1. It is still only just Monday.
2. The trend is still down.
3. The Dragon is only making it's first upwards attempt.
4. It is too late to short, too early to long.

Given more time - maybe Tuesday, Wednesday, etc. - the Dragon will have rolled over to down making a second low, and then rolled back up for possibly a decent Classic long setup. In any case, with another day or more of time, we will get more clues for trading this more safely.

-tah
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  • #75,407
  • Aug 25, 2014 8:58am Aug 25, 2014 8:58am
Here is why..


Inserted Video



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Sonic
  • #75,408
  • Aug 25, 2014 9:01am Aug 25, 2014 9:01am
Quoting traderathome
GBPUSD: A "Heads Up" A bullish break of a declining wedge has taken place. Notable volume at the break and on subsequent retrace are also bullish PVSRA indications. 1. It is still only just Monday. 2. The trend is still down. 3. The Dragon is only making it's first upwards attempt. 4. It is too late to short, too early to long. Given more time - maybe Tuesday, Wednesday, etc. - the Dragon will have rolled over to down making a second low, and then rolled back up for possibly a decent Classic long setup. In any case, with another day or more of time,...
wouldn't it be a nice long entry at 1.65990 (spread ignored) on M15? or am i thinking wrong?
  • #75,409
  • Aug 25, 2014 9:16am Aug 25, 2014 9:16am
Quoting jimmY213
{quote} i re-entered UJ but im not sure if this is a nice spot. thats why i used such a short SL and TP. in a perfect world i should have entered a bit beyond my TP for a classic entry right? i am glade about any suggentions! closed EA for a possible re-entry

Don't forget to close your 1-click trading in the access menu before taking and posting screen shots per posting guidelines in post 1.
We don't need to know your lot size to understand your application of Sonic system.

Thanks
  • #75,410
  • Aug 25, 2014 9:25am Aug 25, 2014 9:25am
NZDUSD: A "Heads Up"

See the triple bottom on this M30 chart, all showing notable volumes each time the MMs took the price below the half number. The trend is still down - too late to short, too early to long - but a few more days and this one, like GU, might yield more clues for safer trading of a future Classic setup.
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  • #75,411
  • Aug 25, 2014 9:31am Aug 25, 2014 9:31am
Quoting slimypips
{quote} Don't forget to close your 1-click trading in the access menu before taking and posting screen shots per posting guidelines in post 1. We don't need to know your lot size to understand your application of Sonic system. Thanks
ah sh..... i will remove it from now. sorry.
  • #75,412
  • Aug 25, 2014 9:59am Aug 25, 2014 9:59am
Comment AUDUSD:

Here is my current assessment of this one. Bearish.

1. PA repeatedly rejected at upper quarter level.
2. Highest volumes for bear bars above or starting above whole number, for bull bars above or ending above whole number.
3. On Friday, a very strong bear bar starting above whole number and today the only bars with notable volume are two bear bars that are above, or start above the whole number, and a bull bar striking back above the whole number.

This is ranging. To late to long, too early to short. A couple more days?
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  • #75,413
  • Edited 11:20am Aug 25, 2014 10:30am | Edited 11:20am
USDCAD Short Trade Opened:

Scout entries. Today the highest volumes are at the highs, and practically all notable volumes are above half number. The MMs stopped the drop at support and in the last minutes of the LS they worked the price back higher again, I think to exhaust all currently available liquidity for shorting. Time will tell.
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  • #75,414
  • Aug 25, 2014 12:13pm Aug 25, 2014 12:13pm
Are there anyone who making real money with this system? I need statistical proof, win/loss ratio, weekly/monthly/yearly returns. Answers like
Quote
I make money with this system
you can leave to others. Myfxbook would be nice. Thank you.
  • #75,415
  • Aug 25, 2014 12:57pm Aug 25, 2014 12:57pm
USDPLN Short...

MM's bearish here?
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  • #75,416
  • Aug 25, 2014 1:50pm Aug 25, 2014 1:50pm
Quoting ste1am
Are there anyone who making real money with this system? I need statistical proof, win/loss ratio, weekly/monthly/yearly returns. Answers like {quote} you can leave to others. Myfxbook would be nice. Thank you.

Why?
Is it because of the huge fees for the indicators/ templetes, or maybe the monthly subscription costs to learn on your own?

I too would be nervous about paying someone to use an investment strategy, and thats why I came here where everything is free and opensource.
  • #75,417
  • Aug 25, 2014 2:25pm Aug 25, 2014 2:25pm
Quoting ste1am
Are there anyone who making real money with this system? I need statistical proof, win/loss ratio, weekly/monthly/yearly returns. Answers like {quote} you can leave to others. Myfxbook would be nice. Thank you.
Wrong question.

A trader does not depend on a system. The trader chooses a way of trading, and the system comes to direct his actions.
Thus any statistics reflect the goodness of the system, but the trader.
When you make a question, you must do it correctly. Not obtain system statistics, but the trader, and that's private. Only Finance, knows the numbers.

Perhaps by driving a bigger car, you're better driver?
Donde hay Patron no manda Marinero
  • #75,418
  • Aug 25, 2014 6:14pm Aug 25, 2014 6:14pm
Quoting jimmY213
{quote} i re-entered UJ but im not sure if this is a nice spot. thats why i used such a short SL and TP. in a perfect world i should have entered a bit beyond my TP for a classic entry right? i am glade about any suggentions! {image} closed EA for a possible re-entry {image}
Nice re-entry and SL and TP ratio,but remember... we never know next price movement.....we can only expect!!!!!
  • #75,419
  • Aug 25, 2014 8:11pm Aug 25, 2014 8:11pm
Quoting ste1am
Are there anyone who making real money with this system? I need statistical proof, win/loss ratio, weekly/monthly/yearly returns. Answers like {quote} you can leave to others. Myfxbook would be nice. Thank you.
ste1am,

We Sonicers are not trying to recruit anyone, nor convince anyone. If you would like to give the Sonic R. System a chance, start at Post #1 and do your homework as clearly outlined there.

-tah
  • #75,420
  • Edited 8:36pm Aug 25, 2014 8:21pm | Edited 8:36pm
GBPUSD:

Sonicers, it appears the MMs are now in the buying mood, starting with the Asian session today. As you can see, they took the price back down to a local support for the kickoff. That is where they did some heavy buying before, as you can also see. Of course, we might be patient and await the LS to see what more manipulations occur before deciding. By then there might come a nice Classic setup. Right now, this is just a buying move, upwards but still within an established range. A Classic long setup that might come later, also low in the range, could be the start of a move that breaks the range.....
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