UJ: Added two more long scouts as price is price is pushed below the quarter and half SR level. Ruthless. image

Sonic R. System

Ah I see. Low vol during the major session always screams big impending moves . The calm before the storm.

Sonic R. System

Nice new volume indi Tah.

Sonic R. System

I can definitely relate traveling the world of price lagging indicators. Price, Volume, SR, and a little thinking to KISS. Candlesticks and emas are probably the next best. I have not heard of Keltner. Will have to check her out.

Sonic R. System

Looks like Bollinger Bands (BB), but without the measure of dynamic volatility. BB itself is a statistical measure of price movements. Maybe the same principles for BB can be applied.

Sonic R. System

No problem. If you need more help, feel free to message me :-). I do recommend reading at least first 50 pages of the forum. PVSRA is a different beast so you will need a lot of time (and experience) to digest. Take note of the vet traders here ...

Sonic R. System

If you are doing classic sonic entries, yes. A classic sonic entry will give you 1 entry above the candle that breaks the upper dragon on the third leg. Make sure you have the LL-HH-HL pattern. You can look through trades done on this forum. Lots of ...

Sonic R. System

I hope this helps. Your waves are not right. You need easily detectable waves. image

Sonic R. System

Thanks Joe. I actually don't enter SL either. But I do enter TP. But I guess I really don't need to with PVSRA. I'll try it out. At least I won't ever have this problem anymore! It was such a disaster to take this loss for such a stupid reason, when ...

Sonic R. System

I solve this problem by only adding as prices move lower a certain number of pips at key SR levels. In the run for profits, I may add if there are sonic classic setups and still in my building range. But like you, I'm still trying to find that sweet ...

Sonic R. System

You have a good point. And patient is definitely something I need. We can always see the current action and wait to see if it continues or coming near a reversal, in which may be the best time to build as we are now near the bottom or top, and thus ...

Sonic R. System

GJ Bulls or Bears: Interesting action in GU at the moment now that we are in London Session. There is recent Bear action on the M1, but I think MM's are still Bulls as this may be them tricking in longs to take them out with a lower push down later. ...

Sonic R. System

Wonderful jmn5611!

Sonic R. System

Thanks Steve. I did feel very uneasy with this trade. I'm going to take your advice and stay away from this. I guess I better stop while I have my account! And considering my awesome track record of mistakes today.

Sonic R. System

GU: MM's have consistently pushed price up above key SR levels on the M1. M15 shows the general uptrend of their building. It cannot be any clearer that MM's are BEARS. Added first short scout entry. image image

Sonic R. System

UJ: MM's push price below half SR 98.5. Added long scout EP2. image

Sonic R. System

OMFG. I am so... pissed. Woke up, seen that UC got pushed further down below next SR level, went to add another long scout... and entered the wrong damn TP. All UC trades closed with a total loss of 423 pips! Damnit. image Re-entered EP1 long ...

Sonic R. System

Hi everyone, I finally have some time today to give you an update. Today was quite busy for me. A lot of mistakes but a lot learned. But first, my initial equity is about 915 on July 22, 2013 (reset start date in trade explorer) for PVRSA trading. ...

Sonic R. System

I'm hedging UC with UJ at the moment. Don't want to multiply my DD with more positions as I wait for MM's to be done. They seem ruthless right now. I can handle a bigger drawdown, but wanted to see if I can keep it to a minimum with this strategy. ...

Sonic R. System