Sonic R. System | Page 4106 | 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

  • #82,101
  • Dec 16, 2016 2:24am Dec 16, 2016 2:24am
SHORT on EU SonicDeejay is this correct? What do you think?
Price is being pushed up without volume and then the volume start to increase with a few green candles. After green candles we have more red volume. Bearish reaction.

Im glad and happy that you still here SonicDeejay ;-)

Attached Image (click to enlarge)
Click to Enlarge Name: SHORT EU.png Size: 78 KB
  • #82,102
  • Edited Dec 17, 2016 5:02am Dec 16, 2016 10:03am | Edited Dec 17, 2016 5:02am
Though I am not SonicDeejay, I would like to comment on that. First, MMs worked the price down way after the Fed meeting. So this is preferred to closing shorts or opening longs. This might be bullish. However in the past 24 hours they seem to prefer higher prices and do trading rather above levels. Especially the very tops of each wave is coloured.
There is still a chance that this is for another reason: At the low (around 1.0375) is no liquidity. Short traders won't open their posistions their, because price has fallen too far. So MMs work price up (or let it go up itself) to the next level (1.0450) where they increase their trading. This represents a resistance line, so short traders like to give their liquidity to MMs. If this is the case, MMs are bullish, since they open longs. The move above the halfnumber could have been done to give signals to long traders. Right now, they move prices down and overtake the long position from retail traders for lower prices. Conlusion: MMs worked the price up, because down there, there was no liquidity from reatailers' shorts.

This is my interpretation. However, I am cautious. EU MMs might be baerish. The picture becomes clearer, if you have a look at GU. This chart looks very similiar to EU for the last 24 hours. But there are more signs of MMs being bullish. So if they are counter USD in the GU pair, they might be as well in the EU pair. Maybe EG and the releases of next week will give more clues.
By the way. If they are baerish in either pair, why do they (re)build positions there and did not run the price to lower levels aftter Fed meeting in order to get better close prices for their open positions and then turn to bulls? This might indicate, they were run out of short positions. And if they are, it would not have been reasonable to stop price there (close their old shorts) and immediately build new shorts. Price should be higher for new shorts, shouldn't it?
May the Pip be with you.
  • #82,103
  • Edited 6:23pm Dec 16, 2016 11:18am | Edited 6:23pm
Big thanks for answer sir !


Chris, im curious one thing... what means trading above level ? Trading above level is in the same time trading below level.......
the glass is in half empty and in half full..
  • #82,104
  • Edited 6:14am Dec 17, 2016 5:40am | Edited 6:14am
SonicDeJay is this is correct trade probably for monday and next week to go long on GBPUSD ?

Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD LONG.png Size: 170 KB

Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD analiza LONG.png Size: 143 KB





USDJPY sell ?

Attached Image (click to enlarge)
Click to Enlarge Name: USDJPY SELL.png Size: 72 KB



correction on dollar?
  • #82,105
  • Dec 18, 2016 1:29am Dec 18, 2016 1:29am
I have read the"Exploit the market price by Volume reading" and some paragraph is:
"Simulation of: “HOW PRICE CHANGE?” in simplified.
Name of multi-Currency: GBPJPY
Present price: 172.354 bid, 172.379 ask (example only)
Name of Institution that look into this price: MM1, MM2, MM3.
MM1 already hold their position open in market as long. They have 20 open long already. Here is the
list of their offer (bid) price:
172.600 (2 Position)
172.750 (3 Position)
173.100 (4 position)
173.300 (11 position)
MM2 and the other looking for Short position, so, they look to Short at highest price as possible.
What happened next when some of the MM fill or do a deal in market?
MM2 Open short by fill order MM1 at 172.600. The price jump up from 172.354 bid into 172.600 bid
and 172.620 ask. This order makes the new price now updated into 172.600 (bid) and 172.620 (ask).
This is the new price.
Then MM3 Open short by fill order MM1 at 172.750. The price jump up from 172.600 bid into
172.750 bid and 172.780 ask. This order makes the new price now updated into 172.750 (bid) and
172.780 (ask). This is the new price.
"
Then I have a question:IF MM1's long order be filled by MM2,then how could MM2 open short rather than long?I mean if MM2 fill the MM1's long order,the fact should be that MM2 buy at the price and that mean MM2 open long,how could MM2 open short at that prices and meanwhile fill the MM1's order?
  • #82,106
  • Dec 18, 2016 9:41am Dec 18, 2016 9:41am
Quoting suncg1985
Then I have a question:IF MM1's long order be filled by MM2,then how could MM2 open short rather than long?I mean if MM2 fill the MM1's long order,the fact should be that MM2 buy at the price and that mean MM2 open long,how could MM2 open short at that prices and meanwhile fill the MM1's order?
Not sure, what you are trying to say... If someone wants to open long, this position will only be opened (filled), when someone else closes long or opens short. In other words, you can only buy something that is for sale.
May the Pip be with you.
  • #82,107
  • Edited 9:09am Dec 19, 2016 8:41am | Edited 9:09am
Quoting Kubiasty
Big thanks for answer sir ! Chris, im curious one thing... what means trading above level ? Trading above level is in the same time trading below level....... the glass is in half empty and in half full..

When I learned PVSRA, I had to struggle with this, too. If I am correct, it means: "what market orders are being filled?". Do the MMs send bullish or baerish signals to the market? Below a level, the signal is typically baerish. So MMs build their own longs or close their shorts. If prices comes from lows (uptrend) and stops below a S&R level, it is quite questionable if MMs build longs, because the price is very high and they ran the price up to this level before. So they could have build long positions at lower prices below the level.
If price comes from highs (downtrend) and stops below a S&R level, it triggers additional short signals. The problem is, that the price is far gone down. So shorts wait for retraces. MMs will push price down through a level and further, then raise it up below that last level to give shorts a signal.
Price is not always in strong trends. Sometimes you will have a very rangy market and it is difficult to figure out the intention of MMs (like I don't see where the market goes in EG). Sometimes you have something in between a range and a trend. Ups and downs followed by consolidation. Consolidation is something I prefer in my analysis. if price is pushed below a level (from lows or highs) and does not move much there, it looks like long positions building. This should be in accordance with volume. You should see more price action and more volumen in the consolidation below a level, if MMs are bulls.
Typically, prices move from below level to below level and then consolidates if MMs are bulls. Between prices should not stay long. Besides, I ignore the quarter levels. Maybe they are more significant in a less volatile pair. However I am not expert and I might be wrong in this understanding of PVSRA.
May the Pip be with you.
  • #82,108
  • Dec 19, 2016 5:32pm Dec 19, 2016 5:32pm
Quoting Chris1008
{quote} When I learned PVSRA, I had to struggle with this, too. If I am correct, it means: "what market orders are being filled?". Do the MMs send bullish or baerish signals to the market? Below a level, the signal is typically baerish. So MMs build their own longs or close their shorts. If prices comes from lows (uptrend) and stops below a S&R level, it is quite questionable if MMs build longs, because the price is very high and they ran the price up to this level before. So they could have build long positions at lower prices below the level....
Thanks Chris
  • #82,109
  • Dec 19, 2016 8:41pm Dec 19, 2016 8:41pm
Quoting Chris1008
{quote} Not sure, what you are trying to say... If someone wants to open long, this position will only be opened (filled), when someone else closes long or opens short. In other words, you can only buy something that is for sale.
Thanks chris1008!
What I'm confused is that:If MM1's long positon is filled by MM2, should MM2 buy or sell at the price to fill the position MM1 has hold? As I have learned,if the long order is filled,the order is sold to close,that means someone else like MM2 buy the order,otherwise the order can't be sold because no one buy it at the price?Am I wrong?
  • #82,110
  • Dec 20, 2016 2:38am Dec 20, 2016 2:38am
Quoting suncg1985
{quote} Thanks chris1008! What I'm confused is that:If MM1's long positon is filled by MM2, should MM2 buy or sell at the price to fill the position MM1 has hold? As I have learned,if the long order is filled,the order is sold to close,that means someone else like MM2 buy the order,otherwise the order can't be sold because no one buy it at the price?Am I wrong?
Please, understand, that I am also new to this topic. I am no expert. I haven't developped this system / analysis. According to your quotation, you are right. This is confusing and probably wrong. If your think it through, open longs can only be closed when someone else takes those longs and buys them.
May the Pip be with you.
  • #82,111
  • Dec 20, 2016 3:43am Dec 20, 2016 3:43am
Anyone wants to analyze EG? I have no idea what driving the prices there.
May the Pip be with you.
  • #82,112
  • Dec 24, 2016 1:18am Dec 24, 2016 1:18am
https://www.tradingview.com/chart/GB...date-16-12-16/

More "Before" & "After" Analysis.

In a span of less than 3 months, 60+ analysis has been made and a total of 6000+ pips has been made.
Attached Image (click to enlarge)
Click to Enlarge Name: gj.JPG Size: 123 KB
  • #82,113
  • Dec 24, 2016 3:20am Dec 24, 2016 3:20am
Hello everyone,

Glad to find such a thread for a newbie trader like me. Sorry guys but i would like to know where to download the economic news indicator used by Sonic R System?

Thanks a lot and wish everybody a merry Xmas ^^

Best Regards,

JT
  • #82,114
  • Jan 4, 2017 4:55pm Jan 4, 2017 4:55pm
Quoting sonicdeejay
Happy 33rd Birthday To myself.. http://www.youtube.com/watch?v=ZGpacvWpCrA Sonic
This post shows how lonely a trader is.
Happy Birthday Buddy.
newzTrader
  • #82,115
  • Jan 6, 2017 4:25am Jan 6, 2017 4:25am
Quoting suncg1985
I have read the"Exploit the market price by Volume reading" and some paragraph is: "Simulation of: HOW PRICE CHANGE? in simplified. Name of multi-Currency: GBPJPY Present price: 172.354 bid, 172.379 ask (example only) Name of Institution that look into this price: MM1, MM2, MM3. MM1 already hold their position open in market as long. They have 20 open long already. Here is the list of their offer (bid) price: 172.600 (2 Position) 172.750 (3 Position) 173.100 (4 position) 173.300 (11 position) MM2 and the other looking for Short position, so, they...
Hello, thanks for your post,the template i have does not draw MM LEVELS.Kindly help
  • #82,116
  • Jan 12, 2017 11:46am Jan 12, 2017 11:46am
Quoting jmessonicr
NzdCad - https://www.tradingview.com/chart/NZ...date-04-12-16/ Price move accordingly to my plans. You may follow my tradingview at https://www.tradingview.com/u/sonicr...blished-charts for more analysis on different pairs. PS: Look through the "before" & "after" of my analysis and calculate how many pips have we gain for the past 2.5 months. {image}
thx master James!!!
  • #82,117
  • Jan 16, 2017 2:00am Jan 16, 2017 2:00am
Hi, I'm new here...
Could anybody tell me if this trade is correct as Sonic R system?
Attached Image (click to enlarge)
Click to Enlarge Name: usdchf-m15-hf-markets-sv.png Size: 72 KB
  • #82,118
  • Jan 16, 2017 2:33pm Jan 16, 2017 2:33pm
Quoting adamsultan7
Hi, I'm new here... Could anybody tell me if this trade is correct as Sonic R system? usdchf-m15-hf-markets-sv.png;2141467 {image}
Profits: +27 pips

can you confirm if it follow Sonic R rules?
  • #82,119
  • Jan 16, 2017 11:01pm Jan 16, 2017 11:01pm
It seems nobody can help in this old system!
  • #82,120
  • Feb 2, 2017 4:08am Feb 2, 2017 4:08am
Short USD/CAD, classic.

Attached Image (click to enlarge)
Click to Enlarge Name: 2-2-uc-9.5vs4.5.png Size: 83 KB


Attached Image (click to enlarge)
Click to Enlarge Name: 2-2-uc.png Size: 81 KB
27 traders viewing now