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Sonic R. System

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  • Post# 44,401
  • Quote
  • Feb 25, 2013 1:40am
  • worldfreedom
    Joined Oct 2007 | 210 Posts | Status: FxProLive.com
Short the AUD CAD late entry due to weekend only entered with 1/2 position will average if it retests S&R. SL is Firm. TP open to be determined.
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  • Post# 44,402
  • Quote
  • Feb 25, 2013 2:14am
  • SCopier
    Joined Sep 2012 | 161 Posts | Status: Member
Quoting SCopier
Just speculation

EJ : entered LONG
EU: entered LONG

Attachment 1141838
Attachment 1141837
Close all my trade with +77 pips waiting for news.
Look like EJ will reversal
  • Post# 44,403
  • Quote
  • Feb 25, 2013 3:43am
  • SCopier
    Joined Sep 2012 | 161 Posts | Status: Member
Damn, I like SM, when have to buy and when to sell

TP still open

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  • Post# 44,404
  • Quote
  • Feb 25, 2013 3:49am
  • thonguyen
    Joined Nov 2012 | 8 Posts | Status: Member
Quoting SCopier
Damn, I like SM, when have to buy and when to sell

TP still open

Attachment 1141927
are you trembling? .
  • Post# 44,405
  • Quote
  • Feb 25, 2013 4:38am
  • SCopier
    Joined Sep 2012 | 161 Posts | Status: Member
Quoting thonguyen
are you trembling? .
Why I should trembling? MY SL already move to BE before news, free trade now

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  • Post# 44,406
  • Quote
  • Feb 25, 2013 8:38am
  • sonicdeejay
    Joined Mar 2008 | 7,600 Posts | Status: Private Fund Manager @ K2 Capital
Classic Sonic R///


Sonic
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Check Forum Page 1,Post 1 <or> www[dot]facebook[dot]com/sonicrsystem
  • Post# 44,407
  • Quote
  • Feb 25, 2013 9:16am
  • sonicdeejay
    Joined Mar 2008 | 7,600 Posts | Status: Private Fund Manager @ K2 Capital
Feeling extremely bad after watching this...

Money hungry bankers, vote thirsty politician ... Screwing the world over..

Inserted Video


Sonic
Check Forum Page 1,Post 1 <or> www[dot]facebook[dot]com/sonicrsystem
  • Post# 44,408
  • Quote
  • Feb 25, 2013 10:39am
  • traderathome ● Online
    Joined Mar 2008 | 13,540 Posts | Status: Sonic R. System Supporter
Quoting sonicdeejay
Classic Sonic R///

Sonic
GU: Be careful. Stopping volumes! And MMs having difficulty taking it to the market makers open price of the week. My bet is there are just too many long orders down there!
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Important is not where price is going, but if bulls or bears are moving it!
  • Post# 44,409
  • Quote
  • Feb 25, 2013 10:46am
  • traderathome ● Online
    Joined Mar 2008 | 13,540 Posts | Status: Sonic R. System Supporter
GU: Added trade #7 long, Scout.
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Important is not where price is going, but if bulls or bears are moving it!
  • Post# 44,410
  • Quote
  • Feb 25, 2013 10:53am
  • traderathome ● Online
    Joined Mar 2008 | 13,540 Posts | Status: Sonic R. System Supporter
AU & Market Comment:

I believe the MMs are setting this up for another mark up drive. Note the MMs mark up drive thru SR, and afterwards the two high volume dips for additional longs. Also note there are two USD high impact releases tomorrow.

Tomorrow could also be a mark up day for GU, and maybe a repeat Pump & Dump of EU too.
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Important is not where price is going, but if bulls or bears are moving it!
  • Post# 44,411
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  • Feb 25, 2013 11:00am
  • traderathome ● Online
    Joined Mar 2008 | 13,540 Posts | Status: Sonic R. System Supporter
EU Comment:

There can be no doubt about what the MMs are doing, Pump & Dump!
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Important is not where price is going, but if bulls or bears are moving it!
  • Post# 44,412
  • Quote
  • Feb 25, 2013 11:03am
  • irfanhashim
    Joined Feb 2013 | 107 Posts | Status: IRFAN HASHIM
Quoting traderathome
EU Comment:

There can be no doubt about what the MMs are doing, Pump & Dump!

i will be pleasure if they droped to the price to the level from where they took it to the peak
  • Post# 44,413
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  • Feb 25, 2013 12:54pm | Edited at 1:17pm
  • Mezzy ● Online
    Joined Nov 2012 | 179 Posts | Status: Member
Quoting traderathome
EU Comment:

There can be no doubt about what the MMs are doing, Pump & Dump!
I sold at the peak, on my demo, thinking I should close out now, but I want to learn how to manage winning trades.
I have my SL at 1.32350 ( locked in 57pips ) so I think it has enough breathing room for retracement before moving down again.

Any tips?
I'll post a chart to go with comment here in about 15 minutes, when I get home for lunch.
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  • Post# 44,414
  • Quote
  • Feb 25, 2013 1:37pm
  • traderathome ● Online
    Joined Mar 2008 | 13,540 Posts | Status: Sonic R. System Supporter
Quoting Mezzy
I sold at the peak, on my demo, thinking I should close out now, but I want to learn how to manage winning trades.
I have my SL at 1.32350 ( locked in 57pips ) so I think it has enough breathing room for retracement before moving down again.

Any tips?
I'll post a chart to go with comment here in about 15 minutes, when I get home for lunch.
EU:

The Pump & Dump today was just to hike price while closing longs and while shorting, and then do a massive additional selloff from the highs. Look forward to the USD high impacts tomorrow. Another opportunity for MMs to repeat the entire charade again tomorrow! If I were short, I'd take profit at the lows, and then sit back and wait for the next LS/USD releases to see what the MMs do. No sense in giving up profit if they hike the price again. You can close low today and short again at whatever highs tomorrow. Area below half number seems to be support and a good place to temporarily close short positions. Yes, you could close shorts and then see more drop in the asian session. This is all a guessing game. We individually have to make our own guesses.
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Important is not where price is going, but if bulls or bears are moving it!
  • Post# 44,415
  • Quote
  • Feb 25, 2013 1:47pm
  • Mezzy ● Online
    Joined Nov 2012 | 179 Posts | Status: Member
Quoting traderathome
EU:

The Pump & Dump today was just to hike price while closing longs and while shorting, and then do a massive additional selloff from the highs. Look forward to the USD high impacts tomorrow. Another opportunity for MMs to repeat the entire charade again tomorrow! If I were short, I'd take profit at the lows, and then sit back and wait for the next LS/USD releases to see what the MMs do. No sense in giving up profit if they hike the price again. You can close low today and short again at whatever highs tomorrow. Area below half number seems...
thanks for your input TAH, I put in a 115 point trailing stop (thats 11.5 pips) so if price decides to take a dive I'll lock in at the lowest portion of the dive, We're already at the support area you talked about so this might be the bottom, I think a good place for this trailing stop. I've doubled my trading account size 1000 to now over 2000, this month. I'd say my trading was risky, high lot size to account size, and not in my rules so bad on me, but I feel like my trades were sniper good. Picking excellent entry points and getting big winnings.

Still probably not ready for live again, but my emotional trading health I think is restored, I'm more educated and less afraid to make good trades now.

Thanks for your continued support to this thread, as well as Sonicdj for continuing to make appearances and sharing his trades with us.
  • Post# 44,416
  • Quote
  • Feb 25, 2013 2:25pm
  • hansma
    Joined Nov 2009 | 639 Posts | Status: Member
Quoting traderathome
GU: Added trade #7 long, Scout.
So did we - just wonder why the feckers took so long to decide :
Regards,

H.
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"The future is already written in the past"
  • Post# 44,417
  • Quote
  • Feb 25, 2013 3:10pm
  • hansma
    Joined Nov 2009 | 639 Posts | Status: Member
Looking at current priceaction - it looks like it was a torpedo and buy move...

Regards,

H.
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"The future is already written in the past"
  • Post# 44,418
  • Quote
  • Feb 25, 2013 5:17pm
  • traderathome ● Online
    Joined Mar 2008 | 13,540 Posts | Status: Sonic R. System Supporter
Quoting traderathome
UJ: Entered short using the wave from yesterday. Price has moved back up, not quite to the EP zone of that wave, but to SR just below. Due to the Dragon angled up, this is not a re-entry, but a Scout.
Quoting traderathome
UJ: Added short #2, Scout.
UJ: Closed both trades at TP2 for 200x2 = 400 pips gain, avg EP x2 to TP2.
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Important is not where price is going, but if bulls or bears are moving it!
  • Post# 44,419
  • Quote
  • Feb 25, 2013 5:27pm
  • traderathome ● Online
    Joined Mar 2008 | 13,540 Posts | Status: Sonic R. System Supporter
Quoting traderathome
EG: Entered short. If MMs push this up during FO/LS, I intend to add a Scout if I am at the computer at that time. SL is mental.
Quoting traderathome
EG: Added short #2, Scout.
Quoting traderathome
EG: Added short #3, Scout. EP2 now is also the average price. Raised TP1 to keep it within day range, but it is tentative. SL remains mental (removed from pic.).
Quoting traderathome
EG: Added short #4 earlier, Scout. I am not adding to other trades involving GBP at this time. I want to see what the LS MMs do with the prices. For now, it looks like the MMs are simply taking advantage of the GBP downgrade, moving prices to add cheaply to their positions! Very likely, too, as the market tends to price in such crap well before it is announced, so when it is announced the MMs can move the price further, load up, and then start moving the price back in the other direction!
EG: Closed all four trades at TP2 for 70x4= 280 pips gain, avg EP x4 to TP2.
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Important is not where price is going, but if bulls or bears are moving it!
  • Post# 44,420
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  • Feb 25, 2013 5:32pm
  • traderathome ● Online
    Joined Mar 2008 | 13,540 Posts | Status: Sonic R. System Supporter
Quoting traderathome
NC: Entered long on pullback.
NC: Stopped out for 18 pips loss, Ep1 to SL1.
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Important is not where price is going, but if bulls or bears are moving it!
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