Sonic R. System

closed +22 pips

What do you guys think of a short on AUD/JPY H4 chart? Price pulled back to the dragon and on the H1, poked just above the EMA89 before moving back down again. This would be a longer trade of course. Was thinking of a profit target at RWL.

H&S scenario played out well..

Happy hunting

Sonic

EU, GU and Market Comment:

Because the volume-price relationship still shows that the market is doing most of its trading at the highs/coming off the highs, and because the market almost systematically quickly re-pumps the prices back upwards, there can be little doubt that the market remains in the Pump 'n Dump mode. In other words, the market is doing what any smart trader would do in a down trend,......sell on the pullbacks. Only in this case, the market manufactures the pullbacks for its own selling purposes.

As H1 charts show, price pumps not withstanding, ground is being lost though ever so slowly. It is as though the market is greedy to build shorts before an inevitable collapse of price, and time is running out. That's not the case. Ground is being lost. For sure, it looks like the market is greedy for shorts, too. But a price collapse sounds like something "beyond anyone's control", and it is not. Should it come, it will definately be a planned move, not an accident or an act of God.

The market has already trapped some EU longs above the gap, and they may do it again with another quick move down once it feels it has milked the market liquidity for all the shorts it is likely to get without closing the gap with another liquidity creation spike up. The market would prefer to keep those longs trapped rather than go up there seeking higher shorting grounds. And this whole process could happen at any time with GU also, including a quick spike down, or even a gap down at the beginning of a week, to trap more longs.

I know there is speculation in this, but honestly, look at the H1 charts. Do you see any reason to be the slightest bit bullish?

As for releases that came and went, nothing remarkable has been reported either way. The USD continues to at least "hold ground" on its overall progress, and the euro/GBP continue to "hold ground" in not making any real signs that there has been a change towards progress.

Based on the charts, personally I'll continue to favor shorting and waiting for short setups rather than long setups, though as always the Sonic R. System can provide both for trends of either direction. A long setup I'd consider of higher risk not to be taken lightly. I'd not be in one for very long; definately not holding over to another day, especially not holding over to another week!

Caution,
-tah

AU and Market Comment:

I'm only posting on this because it is almost "classical" in depicting the market's motives.

Yesterday the market pumped the price no less than three times. And each of the pumps was immediately followed by very high trading at the highs attained, and then coming down off those highs. So much so, that now the price is pretty much right back where it was this time yesterday, before all that happened. So you might ask yourself, why was the market in such a frenzy yesterday to do so much trading at the highs it manufactured?

-tah

12 hours later..

PPZ triumph over volume.
Professor TAH must be having Sweet dreams now..

Sonic

As a side note, gold dropped in yesterday trading, but all the "gold derivative instruments" went higher! And on high volume! The talking heads made it a point to emphasize the high volume on these instruments that all went higher in price. Did they explain more? NO! So, the uninitiated would believe demand is up since all those "instruments" went up on high volume as their price rose. I wonder why there was no mention of the possibility that Big Money players were hiking the prices while dumping as fast as they could? Pump & Dump! Well, so much for truth about how prices in the markets are really determined.

I can hear one of the Big Money players now, saying...."Hey, I'll price it like the Demand is really, really huge. Then I'll Supply all the suckers can handle!"

And the next day (last session)....pumped again followed by very high trading. And now....

Well said and the charts dont lie down she goes!

Asian session mostly are fake thou..

See what LO bring..

W1 TF.. Bearish
15m TF.. I wanna see 1.293x broke strongly..

Sonic

Friday Trade..
dont follow it small lot just for fun, did before any news coming

Look great!

Told cha..Asian session fake..

Sonic

jasakreatif, why are you posting these non-Sonic R. trades on the Sonic R. System thread? Sonicers are supposed to post only SonicR trades, to help other Sonicers. What is your purpose? PA is on the wrong side of the Dragon in every one of your trades! The Dragon is angled in the wrong direction in every one of your trades! What is your purpose?

These might turn out to be profitable trades, but nobody cares because they are not Sonic R. System trades. If you care about the Sonic R. System thread, if you care for other Sonicers, then please only post Sonic R. System trades.

Thank you for your full cooperation,
-traderathome

Master, still lower highs, lower lows.... The drive down in the asian session still looks like a genuine sell-off, with this move back up again just being more of the same 'ole same 'ole,......restoring the price for another round of serious shorting. Remember, there are high impact USD releases coming. What better for the market Bear than to restore prices ahead of these releases, and trap more longs?

Due to the USD releases today, nobody should expect a decisive move until afterwards. Early in the asian session the market Bear had the opportunity to sell-off from relative highs, knowing that prices would be restored to enable another sell-off, again from those same highs! So, I don't think we are looking at a head fake. I think we are looking at the trading pattern of a smart market Bear. At the least, I'll not be bullish and labeling moves down as head fakes, until I start to see higher H/Ls.

-tah

60 minutes closed 80pips
eu 36pips
au 33pips
gu 11pips

just for fun prof.. i love to see any fly look like still running

The Holy Grail ´neath ancient Roslin waits.

The blade and chalice guarding o´er Her gates.

Adorned in masters´ loving art, She lies.

She rests at last beneath the starry skies.

Just so you realize you are being disrespectful of Master Sonicdeejay's purpose that this thread be a manual for the Sonic R. System, and not your personal trading forum. You seem to care more for posting any trade you desire, than for helping others here with the Sonic R. System. Can you not become part of the team?

-tah

Shorted 2940 m1 tf
i trust sonic r all the way to m1 tf

EU, GU and Market Comment:

At this point, the moves up look only like the re-test of the TL break by the London market. This advantages the market Bear, not the Bull, because it is a move up to higher shorting grounds. Likely nothing decisive will happen until the USD high impact releases hit. The US market Bear might do the same, taking prices even higher and heavily shorting during the process.

WARNING: Speculative.

i think there's too many fake move in m1 tf, but good luck to you