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Sonic R. System

  • #81,401
  • May 16, 2015 9:51am May 16, 2015 9:51am
Quoting qFish
{quote} AU Closed early. I wanted to go ahead and close out for the weekend and collect whatever profits I had on this trade. As you can see it went further but didn't quite hit my original TP. {image} {quote} UJ Trade Closed. Also closed this one early. Maybe next time I set a stoploss to lock in profits instead and see how far it runs ^.^ {image} Have a great weekend folks. P.S. I've started my trades again, but now with reduce lot size and increasing to 6 pairs for a complete hedge! I'll update you guys later, it's a lotta charts to...
Here's an overview of my result thus far since March 24th.

  1. Lots Size: 0.01 lot per ep for every 3000 account size
  2. Pairs: NU, UC, AU, UJ
  3. Max DD: 15%
  4. Max Margin Used: 60%
  5. P/L: +40%
  6. Duration: 53 days
  7. Eps spacing: 10 pips
  8. Stop Loss: none
  9. Take Profit: 10 pips average or 0.618 fib retrace for >10 trades
  10. Strat: Buy above H4 dragon, Sell Below

There was one occurrence where recent NU trended for quite some time before retracing to 0.5 fib. The lot size is still a little big for this case as I had to stop all pairs and manually babysit this one with remaining firepower. The hedges don't always go in sync if I trade purely the dragon. So I've made a few adjustments and started anew last friday May 15th, 2015. Here are the changes:

  1. Lot Size: 0.01 per ep for every 8000 account size
  2. Pairs:

    1. sell NU
    2. sell UC
    3. sell GU
    4. buy AU
    5. buy NC
    6. buy GA


  3. This creates a complete hedge to spread our risk:

    1. N: 1 sell 1 buy
    2. U: 2 sell 2 buy
    3. C: 1 sell 1 buy
    4. G: 1 sell 1 buy
    5. A: 1 sell 1 buy


  4. The bias direction is set manually and trades are only open when price breaks the H4 dragon.

    1. For instance, I will only trigger NU sell orders when price breaks above h4 dragon.
    2. The hedge will allow us to profit during a drawdown of any pair. The bigger the account gets, the more I realize diversification is key. We don't want to tie our money up and wait during drawdown. We want to have some to keep making money on the other side when we are wrong. That's the idea from this strategy.


  5. Stop Loss: None
  6. Take Profit: 10 pips average or 0.618 fib retrace for >10 trades
  7. Eps spacing: 10 pips

Here is my progress so far (since last Friday):

Attached Image (click to enlarge)
Click to Enlarge Name: 6Pairs.PNG Size: 160 KB


So now we just sit back, relax, and enjoy the show. Sometimes I will make manual trades outside of these rules if I see something really nice on other pairs than these, which will normally be 2% risk stop loss type trades.

All P/L stats now reset. Let's see how this goes!

Green pips to all!
insanity: Doing the same thing over... and expecting different results -AE
  • #81,402
  • May 16, 2015 1:42pm May 16, 2015 1:42pm
Quoting qFish
{quote} Here's an overview of my result thus far since March 24th. Lots Size: 0.01 lot per ep for every 3000 account size Pairs: NU, UC, AU, UJ Max DD: 15% Max Margin Used: 60% P/L: +40% Duration: 53 days Eps spacing: 10 pips Stop Loss: none Take Profit: 10 pips average or 0.618 fib retrace for >10 trades Strat: Buy above H4 dragon, Sell Below There was one occurrence where recent NU trended for quite some time before retracing to 0.5 fib. The lot size is still a little big for this case as I had to stop all pairs and manually babysit this one with...
"Bulls make money, Bears make money, but hogs get slaughtered"
  • #81,403
  • May 16, 2015 3:12pm May 16, 2015 3:12pm
Quoting traderathome
Considering a New Beginning I am considering beginning a new thread on Forex Factory. I think the ongoing efforts to help others made by participating contributors will be more fruitful that way for two reasons. The new thread will not be in the Commercial Content section of FF and therefore more traders using FF will be exposed to the help they can receive and the success we are having. Also, I will have the convenience of being the Moderator of the thread, capable of acting quickly on any matter needing attention. There may be other benefits in...
Prof, honestly; I am proud to learn from you. You are a good one who always shared and were keen to provide an understanding PVSRA for the others here. You've tried to give us an understanding of PVSRA, with a very simple way as yours. And I am very grateful for all your contribution in this thread. Considering your new plan about the new thread, i'll always agree with you as long as it's intended for the benefit and common progress. Everything must have a contradictory poles, and from there the whole things will be able to evolve towards higher quality; as the history of the evolution of society, commodities and market.
Well, on my viewpoint your PVSRA has a special characteristic in market readings. This is what distinguishes to the predecessors like wyckoff, tom williams, and others. The significant difference among them are (1) how to identify the activities of MMS- SM& DM tendencies; (2) how to identify the best momentum (timing) to jump after the reading. I dont mean to assess you, surely i dont have the right for; it's all just based on my experience here with u as i learn from you in this thread. surely, thats so cool simplicity. this simplicity especially in terms of timing (momentum) to jump can not separate them from the presence of the classic setup EMA's. As you said in our discussion, the best timing is follow the rule of classic setup based on EMA's cz we never know for surely what, where, and how long MMs will act on the next time. We never know- where is the trully bottoms or highs the MMS forward to stop and reverse direction of the market, thats why you are not advised us to BLSH. am i right?
Based on the foregoing, at least until recently we can not rule out the role of EMA; unless you have other hints to solve the problem of timing. Maybe it will be answered by a the new indicator of yours. And im waiting for the launcing.
And about the name of the new thread, i think "PVSRA" is quite appropriate and fit with the content. But, i think need something unique that could distinguish with other PVSRA names which has been widely used in somewhere else. As i said, ur PVSRA is special, n different with the other. It will also help the newcomers to identify and found that new thread. Unfortunately i dont have a distinctive name for that purpose.
Best regards,
_MJ
"Bulls make money, Bears make money, but hogs get slaughtered"
  • #81,404
  • May 16, 2015 4:52pm May 16, 2015 4:52pm
Re: New Beginnings
I stumbled upon this thread a few months back. It was a life changing moment. My eyes are wide open now with the hunger to learn. The lessons are invaluable!
From a newbee...Thank you so much! Full support from me. Cheers...Zan.
  • #81,405
  • May 17, 2015 2:09am May 17, 2015 2:09am
just joined
Om Namah Shivaya
  • #81,406
  • Edited 2:53am May 17, 2015 2:15am | Edited 2:53am
Quoting Mauro-J
{quote} woooo..., what happend here guys? I do not mean to intervene, pls behave friendly to each other. I do not mean to defend one of u. It could be just a misunderstanding on both of u. Hapoy, its just a suggestion for u (outside of your previous question to fisher), better u start from page#1 as has been done by the other soniker - if you want to know how we execute the trade here, how i execute the trade which i have posted as you mean on your other conversation with fisher755 in which my name is called on it ; "it all starts from page#1"....
Dear Mauro-J,

Quoting traderathome
{quote} {quote} {quote} {quote} How to Deal With "Such" People? 3trader, You have no idea of the thousands of hours of labor put into making this the top thread on Forex Factory, ....world-wide for that matter. Part is due to the sophisticated & uniform template & indicators, so at a glance readers know what they are looking at, and what to look for. Part is due to Sonikers knowing how to post so readers at a glance have the uniformity and information that makes the good examples they need to see. Part is due to the...
.. I would like to remind you..

"And yet,.......a real mind puzzler......folks come here, some with no experience and some with years of it, all fancying themselves smart enough to be a successful trader. But they are too _____(stupid?) to even find their way to Post #1 to get started? Read my "Signature". It is at the bottom of every one of my posts! And people coming here cannot even read that? What, these "smart" folks would go to college by entering via the back door, demand their degree, and then possibly start asking questions of the real students because they are too ______(no comment) to be a real student themselves? Does their pride or ego get in the way of them doing the work of a student? Do they expect everything to be free, and no work required on their part,..... (Thank you for the free "degree". BTW, I have some questions...... )? What kind of people are these folks?
So, if it seems that after all the thousands of hours and posts building this work into what it is, if I or any other contributing Soniker seem too harsh for you when it comes to responding to ..........(idiots?) that cannot even mind the front door (Post #1),.....well, that is just too bad. Maybe, should you ever invest thousands of hours yourself - to help others - you too will be like me when it comes to dealing with such people. Remember, we didn't get paid for the thousands of hours labor we've put into this thread. We haven't been paid for the free system, and template with indicators - what others would be charging a minimum of $5,000 for - that we have provided for free. We don't get paid for the obvious "signals" aspect of many of the posts Sonikers make! No Soniker has been paid for any of this, and we are all busy trading and trying to contribute at the same time. So, put your damn Thinking Cap on, and think about it before you criticize our responses to those that don't seem to be holding up their end! "

.. since you were there when this was happening on Feb, 27th this year.

It is very nice that you are polite (and friendly), but you should maybe think of the fact that some people deserve it, and some...well, you probably know what I mean.

As brilliant as Tah always is, he came up with the question how to treat the people that want to read only the last page of the book (but not the whole page, if it's possible)..
I realy like you, and will like you always, but just think what SHOCK it is, when people (and many) behave like Hapoy here..,
wouldn't this be the finnal drop out of the full glass for such a brilliant guy like Tah?

There are traders that do their homework, and traders that don't. It is how it is, but their grades are different. Unfortunatly-the grades transform into pips in trading.
It is not a coincidence that your grades are just fine!
Wish even more of nice grades to you,

Fisher755
PVSRA
  • #81,407
  • May 17, 2015 4:55am May 17, 2015 4:55am
Quoting Fisher755
{quote} Dear Mauro-J, {quote} .. I would like to remind you.. "And yet,.......a real mind puzzler......folks come here, some with no experience and some with years of it, all fancying themselves smart enough to be a successful trader. But they are too _____(stupid?) to even find their way to Post #1 to get started? Read my "Signature". It is at the bottom of every one of my posts! And people coming here cannot even read that? What, these "smart" folks would go to college by entering via the back door, demand their degree, and then possibly start...

Dear my friend - Fisher755;
Absolutely I agree with u. Dicipline with the rule of the thread is important here, very important thing. Surely, i always remember how TAH teach us about it. and about hapoy, im not defending him, not at all. I also gave critism to him, to read from page#1 as your warning that you gave to him. But, my thanks for reminding me. Without prejudice my respectfully to your firmness to remind the other - "those who not do their homework"; I just thought that there was a miscommunication between you and hapoy, that's why i commented there. Maybe that was my falls to understanding the conversation both of you. sometimes, an redaksional in a particular sentence has different terminology while interpreted by others because of differences in the structure of the daily used language. thats my fools.
**To those who not do their homework - then ask something which actually has been described in page#1, in this context absolutly i agree to remind them - give them harsh warning.
hopefully, i've compiled it correctly
Best regards... _MJ
"Bulls make money, Bears make money, but hogs get slaughtered"
  • #81,408
  • May 17, 2015 5:16am May 17, 2015 5:16am
Quoting Mauro-J
{quote} Dear my friend - Fisher755; Absolutely I agree with u. Dicipline with the rule of the thread is important here, very important thing. Surely, i always remember how TAH teach us about it. and about hapoy, im not defending him, not at all. I also gave critism to him, to read from page#1 as your warning that you gave to him. But, my thanks for reminding me. Without prejudice my respectfully to your firmness to remind the other - "those who not do their homework"; I just thought that there was a miscommunication between you and hapoy, that's...
Dear Mauro-J,

the case is not about Hapoy, it is about all the hapoys in "The Texbook". (otherwise I would just PM you.)
Like the traders who did not do their homework were blaiming The System, not themselves,
the same way there is a danger traders not knowing what and why you are doing (or what tools you are using), can blame you for their bad trading, while you are being nice and friendly to them. It can affect your effort to help real traders here, and even your trading (since you can get emotional).
I believe this happend to Tah many times.. And it is sad, but true.
It is a pitty that energy is wasted, when serious traders could benefit from it!

.. But thank you for being such a nice and friendly guy, not many of such people walking on this planet..
PVSRA
  • #81,409
  • May 17, 2015 6:24am May 17, 2015 6:24am
Hi TAH, are you going to start your own PVSR thread? Please let me know I am really interested learn from you.

Thanks.
Umair (Umee)
I Win, I Lose, It's my Job... And I Love it!
  • #81,410
  • May 17, 2015 7:55am May 17, 2015 7:55am
Hold/Fold/Add/Switch ... I really like this STYLE by GUPITO.
Attached Image (click to enlarge)
Click to Enlarge Name: since March 1.png Size: 53 KB
  • #81,411
  • Edited 10:56am May 17, 2015 10:34am | Edited 10:56am
Quoting denmas
Hold/Fold/Add/Switch ... I really like this STYLE by GUPITO. {image}
Wow, superb trading , Denmas!

Quoting traderathome
Market Comment On review of Friday's market action, this thought occurs to me. The MMs seem to be alternating how they move xxxUSD pairs. In other words, if they are trending up with retraces, the MMs are not making the retraces all on the same days, nor in similar proportions. AU and NU seem similar, trending up but Friday brought substantial retraces in the up trend. EU and GU are similar, trending up but without those retraces. On the premise that AU, NU, EU and GU are all currently trending up, it might be that the MMs are differing the days...
GBPUSD:
Looks bearish to me. And much effort to suck DM Longs. Like EU, this does not have to mean they are done with sucking.. But deserves my attention.
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH1 opinion.png Size: 84 KB


Different opinions very much velcome!
PVSRA
  • #81,412
  • May 17, 2015 11:31am May 17, 2015 11:31am
Quoting Fisher755
{quote} GBPUSD: Looks bearish to me. And much effort to suck DM Longs. Like EU, this does not have to mean they are done with sucking.. But deserves my attention. {image} Different opinions very much velcome!
GBPUSD

Seems to me the xxxUSD pairs AU, NU, EU and GU are trending up. As posted before, the MMs might be executing retraces dis-similarly in order to confuse and confound. GU, as shown on the DAY chart, is in a significant price area now and the price run up might be due for a retrace. The last leg in the price run up involves a lot of pips, to put it mildly, so a retrace might also involve a lot of pips.

Shown on the DAY chart a price area to which a retrace might take the price down to, a move down of 250-300+ pips from the high, and maybe over 1-2 weeks, as we can see happened before when the price came down off of the same area of highs.

Looking specifically at the last two candles on the DAY chart, one is sort of a pin bar with the taller upper wick suggesting the MMs pushed the price up and sold off into the bullish momentum that occurred. The following one is bearish. The volumes are close enough to suggest that the bigger spread of the bear candle is telling the truth of it all, that the MMs followed their selling into the highs with more selling that took price back down lower because the longs were not being further suckered by then.

We are all smart enough by now to know that we cannot know how the MMs will move price next. They might not be finished trying to sucker longs so they can continue to build short ahead of a nice bear retrace. This appears to be teetering on the verge of a retrace, and while it teeters moves in either direction might be enough to be traded for decent profit.

-tah
Attached Image (click to enlarge)
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  • #81,413
  • Edited 12:34pm May 17, 2015 12:03pm | Edited 12:34pm
Quoting traderathome
{quote} GBPUSD Seems to me the xxxUSD pairs AU, NU, EU and GU are trending up. As posted before, the MMs might be executing retraces dis-similarly in order to confuse and confound. GU, as shown on the DAY chart, is in a significant price area now and the price run up might be due for a retrace. The last leg in the price run up involves a lot of pips, to put it mildly, so a retrace might also involve a lot of pips. Shown on the DAY chart a price area to which a retrace might take the price down to, a move down of 250-300+ pips from the high, and...
GBPUSD:
Tank you Tah, it is great- wouldn't want to trade in the oposite direction of your trades. I was thinking about cca the same TP, but was looking only at H1 chart for a TP. My mistake.

Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH1 tp.png Size: 70 KB

Possible scenario: .. not without some price manipulation..
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH1 2 tp's.png Size: 67 KB


Edit:
I bet Leentjai is thinking about this short trade, it would be her style..
PVSRA
  • #81,414
  • Edited 6:48pm May 17, 2015 5:40pm | Edited 6:48pm
GBPUSD Long Trade Open:

Here is my view of PA and the basis for this trade entry.

This area below the half number is previously a consolidation area. Friday, the MMs whacked the price back down to it, thru it, and on down to the whole number area. This, I take it, was for filling more long orders before the MMs then rammed the price back upwards, which could also have been ever increasing buying. Lastly on Friday, the MMs worked the price right back down to this consolidation area, presumably to start this new week in a coveted area for filling SM long orders.

Based on earlier post of GU uptrend, price could retrace downwards. How does this trade fit with that? It is possible that with price only in last few days achieving the highs, the MMs will take more time to build shorts ahead of a retrace move. There are two ways for them to get the liquidity to build short. The can move price lower to sucker in shorts too early and stop them out later. And they can move the price up to sucker in longs so the MMs can take the short side. In few words, there likely will be some ups and downs coming and I am simply looking at what appears to be "long gathering" by the MMs, which if correct then the price will be going back up.
Attached Image (click to enlarge)
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  • #81,415
  • May 17, 2015 7:02pm May 17, 2015 7:02pm
NZDUSD Comment

Setting aside the fact that some have been long on this a long time, and waiting for the "goodies" to be delivered,.....we have a start to this new week that looks bullish.

One can see on a WEEK or DAY chart that price is in somewhat of a scrambled channel that is inclined, and that price is coming off the most recent lows there. But, let us look at the open for this week and the related PA on Friday.

On Friday the MMs whacked the price below the half number, presumably a "long gathering" event, which was followed by a strong move upwards. At the open of this new week, guess where these Robber Bank MMs decided to start the price,.....right back below the half number. Also note that there is a NZD high impact release coming in the AS tomorrow. My guess is that price will not be allowed a break up today. There might be some upside, but if that happens the intent of the MMs will be to sucker in longs too early and stop them out later. My guess is a true bullish break upwards does not come until the NZD release. Meanwhile, the MMs will be sending the price up and down to create liquidity for more "long gathering".
Attached Image (click to enlarge)
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  • #81,416
  • May 17, 2015 8:31pm May 17, 2015 8:31pm
Quoting traderathome
Considering a New Beginning I am considering beginning a new thread on Forex Factory. I think the ongoing efforts to help others made by participating contributors will be more fruitful that way for two reasons. The new thread will not be in the Commercial Content section of FF and therefore more traders using FF will be exposed to the help they can receive and the success we are having. Also, I will have the convenience of being the Moderator of the thread, capable of acting quickly on any matter needing attention. There may be other benefits in...
Strongly support!
  • #81,417
  • Edited 11:08pm May 17, 2015 10:56pm | Edited 11:08pm
[quote=Fisher755;8266369]{quote} EURUSD: Started to build shorts (very small). Mental SL 1,16.

EURUSD Short Trade Update:
Closed one, suspect they start going down in NYO or tomorow, but LO will tell more. Don't want to give them 30 pips.
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDH1 close 1 p.png Size: 89 KB
PVSRA
  • #81,418
  • May 17, 2015 11:12pm May 17, 2015 11:12pm
Quoting traderathome
Considering a New Beginning I am considering beginning a new thread on Forex Factory. I think the ongoing efforts to help others made by participating contributors will be more fruitful that way for two reasons. The new thread will not be in the Commercial Content section of FF and therefore more traders using FF will be exposed to the help they can receive and the success we are having. Also, I will have the convenience of being the Moderator of the thread, capable of acting quickly on any matter needing attention. There may be other benefits in...
Keep up the good fight.

They have tried to silence your insights and beliefs because they run against some of the powers that be, by moving your popular forum to the castrated "Commercial"section.

A rebirth is more than warranted, and be ready for the next attempt to silence you.

GREEN pips to you my friend.
  • #81,419
  • Edited 3:15am May 18, 2015 2:14am | Edited 3:15am
{quote} GBPUSD: Looks bearish to me. And much effort to suck DM Longs. Like EU, this does not have to mean they are done with sucking.. But deserves my attention. {image} Different opinions very much velcome! [/quote]

GBPUSD Short Trade Open:
Nice Classic wave.
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDM15 open 18.5..png Size: 76 KB


EDIT:
GBPUSD Short Trade Closed. As I said, would not want to trade against Tah's trades.. 128 pips total gain.
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDM15 close 18.5..png Size: 65 KB
PVSRA
  • #81,420
  • May 18, 2015 3:17am May 18, 2015 3:17am
[quote=Fisher755;8267734]
Quoting Fisher755
{quote} EURUSD: Started to build shorts (very small). Mental SL 1,16. EURUSD Short Trade Update: Closed one, suspect they start going down in NYO or tomorow, but LO will tell more. Don't want to give them 30 pips. {image}
EURUSD Short Trade update: Opened/Closed some, 266 pips total gain.
Attached Image (click to enlarge)
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PVSRA
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