Sonic R. System

GU:

This has become another strong indicator that moves today are more likely to be "dollar strength" moves, with the USD releases as the catalyst. Why?

You can easily see that both the Frankfurt and the London traders spiked the price upwards. There is no volume study shown. But, if you look at the volume count for individual bars, it becomes obvious that in both cases the drives were quick up and involved less trading than the slow moves back down. The conclusion is the PPMs did these moves quickly, to involve less money required to achieve altitude. Then they "milked" the altitude gained by more slowly acquiring vastly more shorts on the way back down.

PA returned to the whole number, at which point it had given up nearly all the gains so far for the day. But, at which point, I speculate that the PPMs were more heavily invested short than before.

WARNING: Speculation!

I've placed a sell stop on GU.

we'll see.

GU:

Again, this might be the "guide post" for PA today on pairs involving the US dollar.

The Dragon is starting to angle down. PA is not quite below the Trend, but that can quickly change. And the series of USD releases for today has not yet begun.

This chart includes the volume study. Seldom does a PA/Volume analysis so clearly tell its story. Just look at the highest price bar.....and the highest volume bar! Some PPMs obviously believe PA is destined to move lower.

The only question remaining is do they believe that only because they think that to be the case, or because they are going to be sure that becomes the case?!

I've updated my SL and TP.

SL = PB FR 62
TP = Ext. FR 127

tp hit @ 111.90

+59pips

+57 pips.

The PA could drop more, but I followed my trading plan and my own rules.

Expecting EURUSD to get to 1.3600 (maybe by tomorrow)
I'm currently floating 160pips off EURUSD and 130pips off USDCHF.

Thank you everyone for your analyses.

+64 pips here.

Done today: +120 pips.

Good day for me.

Nice call TAH & nice trades guys...

Sonic

EU:

".....At some point now, they are no longer going to be able to convince other traders to venture into long positions. And they know it. So part of their strategy will likely include a sudden, deep drive down....."

Looks like it has started......

50 pips ups 50 pips down.. just trade the wave at GU, the wave never lie .. still no charts, not at home.. grats everyone.. enjoys your pips

AU:

A SonicR short setup, and with price coming down off some nice highs. Looks like PPMs brought the price back up to above the whole number for some more shorting before they drive it down.

UJ:

This should be on a SonicR long setup alert.

Late yesterday PA ran up to the TL and then was pulled back down. This was the first sign of buying, but the PPMs yanked on its chain and pulled it back down before it went too far.

Today PA made it up thru the TL, came back quickly to test it and then in the London/US session overlap we got another substantial drive up. This was the second sign of extreme buying. PA reached a S&R area and the PPMs yanked on the chain again, pulling it down once more to acquire low cost long positions. This was the second retest of the TL today. And now PA is again rising.

The day is essentially over. Tomorrow is the last day of the week. The first up asian session might do nothing to promote a rise in price if they can also acquire low cost long positions without driving the price higher. But, the cat is out of the bag now. Everybody knows what is going to happen, just not "when".

So, a SonicR long setup might occur at any time.

UChf:

Like UJ, this too should be watchlisted for a SonicR long setup. This baby has been held down for days. And the PPMs knew full well yesterday what was going to happen today, as dropped it even lower and loaded up on long positions.

It did indeed run up today! But the PPMs are greedy. And they know this is a real winner with lots to go! So, they yanked on its chain, and pulled it back down to get even more long positions before any more upside will be permitted.

But we have a nice WAVE, the Dragon is angled up, and PA has come back up.....not quite to EP yet, but it is above the Trend now. So everything is ready. It is now up to the PPMs to finish sandbagging and then give it the send-off!

It could happen any time.

AUDUSD is now testing 1.2000. If it goes through, there is no significant resistance until the record high set on New Year's Eve.

AU:

Sonicers, I truely believe there is a HUGE trade opportunity shaping up on this pair. This is how I see recent PA history and what it points to.

In December PA hit an all time high. Highs can sometimes be positive, but this high, like the one previous in early November, was immediately followed by a strong selloff, and PA broke the lower TL (see pic #1). But, unlke with the November occurrance, this selloff was not immediately followed by another rise. Instead, the price ranged over two weeks involving several failed retests of the TL, and on heavy trading....signs that big money with long term buy positions was closing those positions and reversing to short selling. This is supported by the fact that the most prominent candle during this period was a bear candle, and it had the highest volume. And it immediately followed the highest price during that period, which was also the final failed retest of the TL.

This week, PA has been on the rise, and has come up to again retest the TL. This sudden positive PA "appearance" is a strategy we should all be familiar with by now. This is when Big Money manipulates the price upwards to deceive other traders into thinking they should trade long, and as they do trade long Big Money gives off to them the last of their long positions! It is important that these unsuspecting buyers become trapped with their long positions. So, part of the strategy here is to follow the rise with a sudden and deep drop in price.....to "lock" in the longs as "bag holders". In turn, the sudden and deep drop will be followed by cycles of PA rises and falls. The rises are to give the bag holders false hope, so they will hang on to their losing positions longer.

But, eventually the bag holders will give up. However, the longer they hold out before they do, the more money Big Money will make when the bag holders finally capitulate. When those with losing long positions finally close them (sell), Big Money will take the other side and close their short positions (buy).

That is how this strategy works. So this current rise is nothing more than a charade put on by Big Money so they can close the last of their long positions, open additional short postions, and then trap all the buyers.

The HUGE trade opportunity will be a SonicR short setup when PA comes off the final highs. It might be soon closed out for good profit after the sudden, deep drop (like with EU yesterday). Or, one could sit back and let it ride for a lot more over time. I would expect TP1 to be 600-700 pips below current price. TP2 should be 1000-1100 pips below current price. And TP3 about 1800 pips below current price. This is all based on the FR extensions (162, 262, 424) of an FR study from the end of December high to the January low. I have no time line for these results, but I suspect many months at the least.

I don't know how much higher Big Money will continue the current rise. I have applied an FR study (pic #2) to the first swing up off the lows starting this rise, and it shows that PA has already reached the 262% extension level area. So, possibly the rise is ending. We can't know that for sure, but this would be one good place for that to happen. Big Money knows at some point traders will no longer be convinced to go long, and traders that are long will close their trades. Before that happens Big Money needs to spring their trap! So, at some point every additional pip upwards presents increasing risk to the success of the strategy of Big Money to trap the longs. Are we there yet? I don't know. But I would be extremely cautious about trading long now. Even if the rise continues, there are less risky trades elsewhere. In my opinion, the best opportunity here won't be until this turns bearish.....and then the opportunity will be HUGE!

Of course, there will likely be many normal SonicR trade opportunities, in both directions, as all this unfolds.

Regards,
traderathome

My opinion on the AUD/USD
1. Please see following chart, there is NO high trading volume on FXCM’s data, neither the IBFX, the volume data really unreliable, it’s optional consideration only.
2. Forecast, Scepticism, PPMs, those stuff is not part of the original Sonic R system, over-state it will only cloud your mind, and lend to poor entry, miss the good trade or bearing big drawdown
3. AUD is still No. 1 carry trade currency. be careful of the interest difference when you short it.
4. Sonic R is all about detecting the possible beginning the trend and jump in, and exit when the trend resisted or revise. Scepticism is not really helpful.

Good morning.

Moment of truth coming to dollar pairs... Yesterday EURUSD bears showed strength and moved EURUSD down with huge volume, but they failed to break 1.3570 level which would mean that trend direction is changing. If take away all speculations about dumps pumps and other, two scenarios of trading for today possible...

1) New sonic R setup in 15M chart to H4 trend direction up;
2) Continuation of the down wave, which started yesterday and trying to go short after it breaks 1.3570 level and hoping that it goes deeper

Technically true Sonic R short setup might come only next week, after this wave down finishes, gives the correction up (which fails to break new trend down) and shows signs of new wave down.


Good trading

how you guys predict a strong/weak trend reversal ? how you guys can tell it strong/weak up/down trend can continueor not at certain level ? any good book of this ?

Books have many. Predict what will happen, or where the PA will, is impossible. Only S & R and Sonic setups are needed for trading. Sometimes you will gain other lose. But eventually you should be positive at the end of the month. 60-70% of positive operations with a tight money management (min. 1:1 in each trade) is all you need to make money. The rest is a waste of time and concentration to find the right waves.

I recommend you read the post of DDaytrader, if you have not already done so.

Just my opinion.