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Sonic R. System

  • #12,161
  • Apr 25, 2010 6:20pm Apr 25, 2010 6:20pm
Quoting traderathome
EU:

H4 chart shows a bearish candle. Therefore, possibly a short trade setup will occur today. M15 shows this was gapped down at the open of the new week, but not by so much as to be meaningful. Likely the gap will fill and then later the short trade setup.

My guess is that in all likelyhood the gap down was nothing more than price manipulation....to create a low price so some outfit could go long, knowing that others will drive the price higher again in preparations for taking on shorts for the later run down. They will close their longs when...
Hi T,

i am holding EU short from 1.3394 from friday...it is not an sonic trade, was an s&r trade..but...just wanted to say i agree with you..

see you tomorrow...hope i'll bag some!
  • #12,162
  • Edited 7:56pm Apr 25, 2010 6:23pm | Edited 7:56pm
GU:

As with EU, this might yield a SonicR short setup later today.

H4 shows the gap up at the open for the new week took the price back up to a S&R level. This would be an ideal thing to do if you were a speculator wanting to go short. Of course, there are a lot of speculators, and they all might want high prices when they short, so this might not come down appreciably until later in the session. Price might even "wander" higher before any SonicR short setup. There is just no telling.

M15 shows price sort of went into ranging after the high two sessions back. We might therefore consider this is consolidating in preparation for another nice run. And another spike up before starting a run down, would not be abnormal.

Warning: Speculation!

Edit: GU just had a good spike up on weak trading, well weak until the price hit the "top", at which time the trading picked up considerably. So, this is where the shorting begins.....(third chart).
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  • #12,163
  • Edited 8:01pm Apr 25, 2010 7:49pm | Edited 8:01pm
Hey T

You wondered why I am changing brokers?

A picture says it all.


DP> That is the point, look at the PB on H4 that TAH not me, pointed out. Now look at my chart. That is why I am changing brokers.
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Starting to see instead of just looking.
  • #12,164
  • Apr 25, 2010 7:57pm Apr 25, 2010 7:57pm
Quoting Rastaman
Hey T

You wondered why I am changing brokers?

A picture says it all.
Nice & clean chart R!

what is your thoughts in EURUSD?
  • #12,165
  • Apr 25, 2010 8:00pm Apr 25, 2010 8:00pm
Quoting Rastaman
Hey T

You wondered why I am changing brokers?

A picture says it all.
Rastaman, you are splitting hairs. Different traders see different H4 candles, depending on the time zone their broker's server is in. So what? In the case of the chart you posted, three H4 candles butting their heads on the Dragon centerline should say enough.........
  • #12,166
  • Apr 25, 2010 8:02pm Apr 25, 2010 8:02pm
Quoting traderathome
Rastaman, you are splitting hairs. Different traders see different H4 candles, depending on the time zone their broker's server is in. So what? In the case of the chart you posted, three H4 candles butting their heads on the Dragon centerline should say enough.........


Not really T.

You have a bearish signal while I have a bullish signal.

Will the real signal please stand up.


Hey T... I forgot again! But, you are with FXDD right?

I mean your live account.
Starting to see instead of just looking.
  • #12,167
  • Apr 25, 2010 8:09pm Apr 25, 2010 8:09pm
Quoting Rastaman
Not really T.

You have a bearish signal while I have a bullish signal.

Will the real signal please stand up.


Hey T... I forgot again! But, you are with FXDD right?

I mean your live account.
Rastaman, I don't consider a candle bullish that starts at a fabricated low price (gap down) and then can't even make it up to the previous highs again. Why do you?
Yes, FXDD.
  • #12,168
  • Apr 25, 2010 8:10pm Apr 25, 2010 8:10pm
Can someone post a Daily chart of EU?


Thanks
Starting to see instead of just looking.
  • #12,169
  • Apr 25, 2010 8:18pm Apr 25, 2010 8:18pm
Quoting Rastaman
Can someone post a Daily chart of EU?


Thanks
Here you go....
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  • #12,170
  • Apr 25, 2010 8:18pm Apr 25, 2010 8:18pm
Quoting Rastaman
Can someone post a Daily chart of EU?


Thanks
there is one from MBT, 5 digits,
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  • #12,171
  • Apr 25, 2010 8:20pm Apr 25, 2010 8:20pm
pls ignor all buy/sell or else.....it's just for some tests..
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  • #12,172
  • Apr 25, 2010 8:26pm Apr 25, 2010 8:26pm
Quoting DanPa
pls ignor all buy/sell or else.....it's just for some tests..
DanPa, the Levels x8 indicator has an input for the highest TF to show, effectively it automatically turns the indy off on higher TFs to keep the lines from "banding" on large TFs. Thought I'd mention that in case you didn't know.
  • #12,173
  • Apr 25, 2010 8:35pm Apr 25, 2010 8:35pm
Quoting traderathome
DanPa, the Levels x8 indicator has an input for the highest TF to show, effectively it automatically turns the indy off on higher TFs to keep the lines from "banding" on large TFs. Thought I'd mention that in case you didn't know.
Yep, i got it! Thx T!

i just was stopped out from my short EU @94!(was SL be)
  • #12,174
  • Edited 9:04pm Apr 25, 2010 8:48pm | Edited 9:04pm
Quoting DanPa
Yep, i got it! Thx T!

i just was stopped out from my short EU @94!(was SL be)
Yes, EU and GU have been driven up, I believe in preparation for a nice run down, maybe later this session. Your trade just got caught in this upward manipulation of price by the speculators wanting to short at higher prices.

The attached M1 chart clearly shows the trading activity involved in driving GU higher. And it clearly shows the highest trading activity once the price reached the speculators planned high area for the price. Now, if trading were to increase only once the price hit the highs, do you think those trades are LONGS or SHORTS ?

This does not mean the price cannot go even higher. After all, this is only the asian session, and compared to what the prime time market speculators can pull, the asian speculators can look like pikers. The F, L and/or US speculators might have their own idea of what highs they want to short at......

Warning: Speculation!

Edit: Added second chart. It is really amazing that some people do not believe this market is regularly manipulated.....
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  • #12,175
  • Apr 25, 2010 8:51pm Apr 25, 2010 8:51pm
Quoting traderathome
Yes, EU and GU have been driven up, I believe in preparation for a nice run down, maybe later this session....
short down to 3200! but i'm angry because i didnt took out sl o r because i didnt add another 2-3 lots...grrrrrrrrrrrrrrrrrrrrrrrrrrrr
  • #12,176
  • Apr 25, 2010 8:54pm Apr 25, 2010 8:54pm
Thanks Folks.

Hmmmm, something is wrong here for sure.
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Starting to see instead of just looking.
  • #12,177
  • Apr 25, 2010 8:59pm Apr 25, 2010 8:59pm
Quoting Rastaman
Thanks Folks.

Hmmmm, something is wrong here for sure.
I suspect that your broker is one that has a very short "Sunday" session, maybe lasting 1 to a few hours only. That is why the extra candle. They are now onto the "Monday" session. InterBankfx is the same way. I don't like it. For those that use pivots, the first two "sessions" of the new week are really screwed up in that regard!
  • #12,178
  • Apr 25, 2010 9:09pm Apr 25, 2010 9:09pm
Quoting traderathome
I suspect that your broker is one that has a very short "Sunday" session, maybe lasting 1 to a few hours only. That is why the extra candle. They are now onto the "Monday" session. InterBankfx is the same way. I don't like it. For those that use pivots, the first two "sessions" of the new week are really screwed up in that regard!

It is not only that T


Look at these candles against he dragon.
Irrespective of Sunday candles, price should not be breaking the dragon on my chart and not on your chart.
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Starting to see instead of just looking.
  • #12,179
  • Apr 25, 2010 9:19pm Apr 25, 2010 9:19pm
Quoting Rastaman
It is not only that T


Look at these candles against he dragon.
Irrespective of Sunday candles, price should not be breaking the dragon on my chart and not on your chart.
One possibility is that the short Sunday sessions, not having much of a price range, are affecting the 34 ema, as though a series of Sundays were at the higher part of whatever the ranges were at the time, thus increasing the result of the exponential caluclations.
  • #12,180
  • Apr 25, 2010 9:59pm Apr 25, 2010 9:59pm
T, what do you think about short below figure?

(cannot sleep)
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