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Sonic R. System

  • #17,121
  • Jan 28, 2011 4:18am Jan 28, 2011 4:18am
EJ:

For 3 weeks this had the "Pump" put to it....come on traders, go long!. A Bear Flag was being formed.....come on traders, go long! And the candle for today is suddenly very bearish......?
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  • #17,122
  • Jan 28, 2011 4:18am Jan 28, 2011 4:18am
"U.K. Consumer Confidence Plummets Most Since 1994, GfK Says" - Forex Factory/Bloomberg.

The result? GBPUSD shot up 80 pips. My goodness.
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  • #17,123
  • Jan 28, 2011 4:21am Jan 28, 2011 4:21am
EU:

......Now HERE is the EU Daily chart.
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  • #17,124
  • Jan 28, 2011 4:25am Jan 28, 2011 4:25am
GU:

....and the GU Daily chart.
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  • #17,125
  • Edited 4:48am Jan 28, 2011 4:30am | Edited 4:48am
Quoting mags01
"U.K. Consumer Confidence Plummets Most Since 1994, GfK Says" - Forex Factory/Bloomberg.

The result? GBPUSD shot up 80 pips. My goodness.
...and the PPM's "talking heads" are now coming out in full force spreading bearish thoughts.......

Pump & Dump the longs. Pump and short sell, again and again. Create beautiful Bear Flags! And when ready....when loaded up on the short side.....send out the "talking heads" to sing tales of gloom and doom.
  • #17,126
  • Jan 28, 2011 4:38am Jan 28, 2011 4:38am
UJ:

Target area hit in first part of London session. US traders soon to start. They all might do a pullback for another round of wacking this one. This might be the place to exit for the time being.
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  • #17,127
  • Edited 5:15am Jan 28, 2011 5:00am | Edited 5:15am
Meanwhile, EU........:

.....continues to trade in a tight range; consolidation, or based upon interpretation of the Day candle and Daily chart, a selloff. Over the next two hours there are some USD releases, so this last day of the week might go out with a bang......

......as they shoot the Bull!

It will also be interesting to see, should this reverse downwards, if PPMs pull off a whipsaw to take out SLs to create liquidity for one more grab at attractively priced shorts....whose orders might already be sitting up there above current PA.

WARNING: Speculation.
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  • #17,128
  • Jan 28, 2011 5:50am Jan 28, 2011 5:50am
Woah...

Double edged sword..to whip out both sides..


http://www.quizilla.com/user_images/...sDarthMaul.jpg

Sonic
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  • #17,129
  • Edited Jan 29, 2011 3:25am Jan 28, 2011 8:07am | Edited Jan 29, 2011 3:25am
GU Short.. Sonic Wave analysis not clear but very Bearish Candle piercing the Dragon.. and it below PVD level..
Edit : Closed Aftes Seeing H1 Chart.. total 31 pips..
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SonY, Gold Is Every Where Gold, but Human Not Gold..
  • #17,130
  • Jan 28, 2011 8:38am Jan 28, 2011 8:38am
thx you for all sonicdeejay and other active members of this thread !

i would know how many trade you do by day, average ?

and you use the 1 2 3 pattern indicator in your last screenshots of this page ?

regards
  • #17,131
  • Edited 10:46am Jan 28, 2011 10:14am | Edited 10:46am
Quoting traderathome
Meanwhile, EU........:

.....continues to trade in a tight range; consolidation, or based upon interpretation of the Day candle and Daily chart, a selloff. Over the next two hours there are some USD releases, so this last day of the week might go out with a bang......

......as they shoot the Bull!

It will also be interesting to see, should this reverse downwards, if PPMs pull off a whipsaw to take out SLs to create liquidity for one more grab at attractively priced shorts....whose orders might already be sitting up there above current...
BANG! (.....Ops, they just shot the Bull.)
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  • #17,132
  • Jan 28, 2011 11:15am Jan 28, 2011 11:15am
Quoting traderathome
EU:

Here is a study you can make whenever you feel there is a valid SonicR setup. It will help....

1. show possible exit targets
2. analyze PPM pullbacks before breakout, which will
3. show possible early/additional entry opportunities, and
4. show possible SL placement(s)

In the attached picture, after PA first moved down thru the EP area at the London open, the PPMs pulled the price back up, presumably to short sell at better prices. If this is indeed preparations for a later move down, then short selling above the FR 50% level is a good...
UJ:
In this example of how the FR study helps, you can see the initial drop was to the FR 162% level, and then to the RgL target. Then price pulled back as high as to the FR 127% level. Finally, the price dropped to the FR 262% level before pulling back up to the RgL target again.
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  • #17,133
  • Edited 11:46am Jan 28, 2011 11:31am | Edited 11:46am
Quoting traderathome
EU:

Here is a study you can make whenever you feel there is a valid SonicR setup. It will help....

1. show possible exit targets
2. analyze PPM pullbacks before breakout, which will
3. show possible early/additional entry opportunities, and
4. show possible SL placement(s)

In the attached picture, after PA first moved down thru the EP area at the London open, the PPMs pulled the price back up, presumably to short sell at better prices. If this is indeed preparations for a later move down, then short selling above the FR 50% level is a...
UChf:

This example comes from my open USDCHF long trade. I am now more confident, that while the PPMs held this down today, it is scheduled to move up. You can clearly see their price manipulation down to the FR 127% level to accumulate more long positions, as they ran stops forcing the liquidation of long positions of other traders.
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  • #17,134
  • Jan 28, 2011 11:46am Jan 28, 2011 11:46am
Quoting traderathome
EU:

Here is a study you can make whenever you feel there is a valid SonicR setup. It will help....

1. show possible exit targets
2. analyze PPM pullbacks before breakout, which will
3. show possible early/additional entry opportunities, and
4. show possible SL placement(s)

In the attached picture, after PA first moved down thru the EP area at the London open, the PPMs pulled the price back up, presumably to short sell at better prices. If this is indeed preparations for a later move down, then short selling above the FR 50% level is a good...
AU:

This is another example from my open AU short trade. You can see how the PPMs manipulated the price upwards prior to the USD High Impact release. Once up there, and for some time after the release, the PPMs held the price up there while selling off....short selling. They didn't get the price as far up as the FR 127% level. Maybe there were just too many short orders of other traders already up there waiting to be executed. Afterwards, the price was brought right back towards the center of the range described by the FR study, followed by a pattern of lower lows and highs. So, this too gives me confidence that the PPMs have scheduled this for a downside move next week.
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  • #17,135
  • Jan 28, 2011 11:54am Jan 28, 2011 11:54am
Fantastic posts, thank you ! I have almost finished reading the entire thread and I hope to contribute soon.

Special thanks to TAH and Basber, - and I am happy to watch nando`s progress.

I wish everyone a healthy and relaxed weekend .




___________
michael
Be like water.
  • #17,136
  • Edited 12:16pm Jan 28, 2011 12:01pm | Edited 12:16pm
Quoting traderathome
EU:

Here is a study you can make whenever you feel there is a valid SonicR setup. It will help....

1. show possible exit targets
2. analyze PPM pullbacks before breakout, which will
3. show possible early/additional entry opportunities, and
4. show possible SL placement(s)

In the attached picture, after PA first moved down thru the EP area at the London open, the PPMs pulled the price back up, presumably to short sell at better prices. If this is indeed preparations for a later move down, then short selling above the FR 50% level is a...
EJ:

Finally, here is an example of using the FR study, but with a subtle twist.

In the previous examples, the FR study was drawn in the direction of the WAVE/anticipated trade. The location of the study was eyeballed to best describe the then current range of PA using the most recent swing that totally encompassed following PA.

In this example, there is no recent swing in the direction of the WAVE/anticipated trade that encompasses the then following PA. But, there is a recent swing in the opposite direction. So, the FR study is simply applied to that swing, but still from top to bottom....the direction of the WAVE/anticipated trade.

In this example, you can see how the PPMs pulled the price up between the FR 62% and 79% levels for short selling, before beginning their drive down. After they started the drive down, we can see that PA paused at the RgL target area. Here is where the PPMs engaged in futher short sellilng while keeping the price from dropping further until they were ready. Once ready, they drove the price down further. The price paused at the FR 127% level/whole number area, and then proceeded down to the FR 162% level.

You can see in post #17120, that I originally got the draw of this FR study incorrect. But that is ok, it is a skill that will improve with time.
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  • #17,137
  • Jan 28, 2011 12:29pm Jan 28, 2011 12:29pm
Quoting traderathome
GU:

WAVE. Dragon down. PA below Trend. But we are now out of best hours. And, there are other considerations....

The candle exiting the Dragon ends about 25 pips out, which is quite a distance. It does place the EP however, straddeling the whole number which is natural support and an obstacle to a downside move. Normally, you'd want to let PA drop thru and pull back up to the whole number area....support turning resistance, so to speak.....before making entry.

So, while it looks good on the surface, it might be best to let this go for now....
GU:

Using today's PA, together with the FR study mentioned in numerous previous posts, targets can be set for a downside move next week.

Today's PA helps us properly place the FR study. Once done, we can see that the PPMs pumped the price prior to the USD High Impact release...again stop loss hunting, getting their short sell orders filled as they forced the liquidation of shorts of other traders along the way up. Their manipulated pump up hit the FR 127% level. The subsequent drive down hit the FR 127% level on the other side of the PA range described by the FR study. Here, the PPMs "rescued" the price from falling further, and started working it back up for more "high ground shorting". No doubt we will see more downside next week.
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  • #17,138
  • Jan 28, 2011 1:55pm Jan 28, 2011 1:55pm
Quoting nando_rich
i took this wave.
Hi:

EU trade closed....+82 pips.
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"Being picky only cost your time - not MONEY"...Hans
  • #17,139
  • Jan 28, 2011 2:56pm Jan 28, 2011 2:56pm
TAH, you are simply amazing!!!



Thanks for all the work in your analysis.

BTW, It seems I've read your mind, I spent all last night, reviewing the Doma4 post about FR in SonicR system. I swear!! And you appear today with all these post to clarify my doubts.
"Being picky only cost your time - not MONEY"...Hans
  • #17,140
  • Jan 28, 2011 4:30pm Jan 28, 2011 4:30pm
its manual trendline of fibonacci or indicator ?

amazing is the word, wow !
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