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Sonic R. System

  • #17,441
  • Feb 10, 2011 6:46am Feb 10, 2011 6:46am
Quoting traderathome
GU:

This has set up repeatedly, and failed. I think the failures are not due to lack of support for lower prices, but rather it is due to extreme greed for profit when PA is finally turned loose to seek lower prices! The PPMs are sandbagging over, and over, and over, and over. As long as they can induce other traders to go long and provide the liquidity necessary for them (the PPMs) to add shorts, they'll hold it up, support the price.

Eventually, however, this is going to suddenly and dramatically dive....to lock out the longs.

I keep thinking...
maybe tomorrow TAH look

4:30am GBP PPI Input m/m
http://www.forexfactory.com/images/m...etail_star.gif

1.3% 3.4%
http://www.forexfactory.com/images/misc/viewchart.gif 4:30am GBP PPI Output m/m
http://www.forexfactory.com/images/m...etail_star.gif

0.4% 0.5%
http://www.forexfactory.com/images/misc/viewchart.gif
SonY, Gold Is Every Where Gold, but Human Not Gold..
  • #17,442
  • Feb 10, 2011 6:52am Feb 10, 2011 6:52am
Quoting noer1962
Youre right TAH. just noticing the blue area keep rejecting price down.. i wanna enter the trade before just like you and nando but the blue area make me scared so, not trade until the blue area break..

YOU ARE THE MAN .. thanks tah, a little bit clear about good S/R
Think of it this way. The price region you marked in blue represents a price region that Big Money (PPMs) does not yet want the price to go below. Why? For one thing, because they know the price will likely drop 200 pips, just for starters! Secondly, they want more time to get other traders on-board LONG! The more traders they can coax into long positions, the more short positions Big Money can have! And it is the short postions that will eventually win this. And they will win it BIG!

WARNING: Speculation!
Attached Image (click to enlarge)
Click to Enlarge Name: gu(2)-10feb2011.gif Size: 70 KB
  • #17,443
  • Feb 10, 2011 6:54am Feb 10, 2011 6:54am
PB to S/R zone + 50/62 fibo...little pre-vol peak...

It can be the advance for the definitive break down during the Hight impact USD release.

We'll see.
Attached Image (click to enlarge)
Click to Enlarge Name: _10-02-2011_ej_2.gif Size: 32 KB
"Being picky only cost your time - not MONEY"...Hans
  • #17,444
  • Feb 10, 2011 7:03am Feb 10, 2011 7:03am
Quoting sonicdeejay
1.3615xx seems a very gd support for EU..
One should consider cautious LONG if it breakes 1.365x again..
overall trend..Am still bearish..

Sonic
just noticing the blue area bounce in EU too..
Attached Image (click to enlarge)
Click to Enlarge Name: eu-10feb2011.gif Size: 61 KB
SonY, Gold Is Every Where Gold, but Human Not Gold..
  • #17,445
  • Feb 10, 2011 7:07am Feb 10, 2011 7:07am
Quoting traderathome
DanPa! It is so great to have you back! Now the folks can witness some REAL ACTION! Go, DanPa!

As for me, I entered UJ long at 82.10 on this US open pullback,,,,,probably will turn out to be the slow boat to china.
Edit: Added 2nd pic to show what will likely be the true WAVE and EP, and volume notations. Added targets. It is clear that the asian session low was buying. And that makes it more likely that every subsequent run down in price is also a dive to buy.
UJ:

72 pips profit on this SonicR long trade just closed. This has been on the books quite a while. Now that it is moving, it likely will go higher. I am capturing profit here and will look for a pull back, or a new setup later. It was indeed, the slow boat to China!
Attached Image (click to enlarge)
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  • #17,446
  • Feb 10, 2011 7:09am Feb 10, 2011 7:09am
Hi guys, please look at attached pic and just tell me your opinnion...
I want also support GU for going long becouse the highest volumes are around the R zone...

Thanks
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd break.gif Size: 18 KB
Lose small, WIN BIG..
  • #17,447
  • Feb 10, 2011 7:15am Feb 10, 2011 7:15am
TORPEDO? Is not going to wait to unemplyment Claims?
"Being picky only cost your time - not MONEY"...Hans
  • #17,448
  • Feb 10, 2011 7:18am Feb 10, 2011 7:18am
Quoting Pmg.g
Hi guys, please look at attached pic and just tell me your opinnion...
I want also support GU for going long becouse the highest volumes are around the R zone...

Thanks
Triangular formations with a horizontal side tend to break thru that side. You mentioned volume. Look at the pic I attached. The volume is declining. Why?

My guess is that the longer the PPMs drag this out, fewer and fewer longs are getting suckered in! So, eventually, to trap those that are long before they wise up and close their positions, the PPMs are going to suddenly and dramatically "pull the rug". Why? They need those longs to be trapped in their trades. And they need those longs to hold out, and hold out, and hold out.....for as long as possible when the price later is dropping. The longer they hold out before they finally capitulate and close out their trades, the more money the PPMs will make on their shorts. It is all about liquidity. And when the longs close (sell), the shorts will close, too (buy).....for profit!
Attached Image(s) (click to enlarge)
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  • #17,449
  • Feb 10, 2011 7:41am Feb 10, 2011 7:41am
Quoting traderathome
Triangular formations with a horizontal side tend to break thru that side. You mentioned volume. Look at the pic I attached. The volume is declining. Why?

My guess is that the longer the PPMs drag this out, fewer and fewer longs are getting suckered in! ....
thanks a lot TAH, we will see
Lose small, WIN BIG..
  • #17,450
  • Feb 10, 2011 7:44am Feb 10, 2011 7:44am
EU:

The SonicR Big Picture.
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  • #17,451
  • Edited 9:10am Feb 10, 2011 8:16am | Edited 9:10am
EJ:
Is it having its' Last "Hurrah!"? Are the PPMs giving it the FINAL pump? Just for fun, I went back to look at the EJ inverted Cup & Handle charts. Once glance and I went right to the Monthly chart. You know what? The original larger inverted Cup & Handle might still be in play. And if so, then PA could end up down at the all-time lows!

Right now, PA is at a PPZ on the Monthy. PA fell thru this ten months ago. Ever since then, PA has consolidated for the most part below it. But, with PA being currently up next to it, things might be under preparations for another grand drop!

An interpretation of the M15 chart lends confirmation. Look at the PA/V study. It is clear that the euro session started with heavy shorting, which increased as more traders jumped on the shorting band wagon. Then the PPMs stopped shorting and the price was "rescued" by pumping it back up into the early US session. It is up now pretty much where the day started and at yesterday's highs. And presumably the shorting will resume. Perhaps this will be at a slower pace now, so as to not scare long buyers off. In fact, the repeated pumps are not only to gain high grounds for another round of building short positions, but also to keep long buyers encouraged of an upside breakout. Why? As long as the PPMs can induce traders to buy, they can continue to build their short positions.

Pretty soon there will be a lot of people long and a lot of PPMs short and the few remaining folks won't be willing to do anything! As it comes to this point the PPMs will likely "pull the rug", because the want to "trap" all the longs into their positions.....suddenly and deeply driving the price down before any of the longs wise up and can close out before losing a lot of money. The more money the longs lose, the more money the PPMs are going to make.

Edit: Here is an after thought. Tomorrow is a bank holiday in Japan. Their Central Bank does not want a strong yen! So, what better time to start firing the torpedos at EJ then when they are not at their duty stations! They won't be around to do anything about it.

WARNING: Speculation!
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  • #17,452
  • Feb 10, 2011 8:50am Feb 10, 2011 8:50am
I moved my SL aggressively down on EU & GU.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: _09-02-2011_eu_1.gif Size: 35 KB
Click to Enlarge Name: _10-02-2011_gu_1.gif Size: 35 KB
"Being picky only cost your time - not MONEY"...Hans
  • #17,453
  • Feb 10, 2011 9:13am Feb 10, 2011 9:13am
Quoting traderathome
EJ:
Is it having its' Last "Hurrah!"? Are the PPMs giving it the FINAL pump? Just for fun, I went back to look at the EJ inverted Cup & Handle charts. Once glance and I went right to the Monthly chart. You know what? The original larger inverted Cup & Handle might still be in play. And if so, then PA could end up down at the all-time lows!

Right now, PA is at a PPZ on the Monthy. PA fell thru this ten months ago. Ever since then, PA has consolidated for the most part below it. But, with PA being currently up next to it, things might be under...
tQ TAH, all about EJ/GU make me imajining $_$ , sniping EJ short..
SonY, Gold Is Every Where Gold, but Human Not Gold..
  • #17,454
  • Feb 10, 2011 9:41am Feb 10, 2011 9:41am
Quoting noer1962
tQ TAH, all about EJ/GU make me imajining $_$ , sniping EJ short..
Sniping EJ short is not SonicR. It is a high risk thing to do. Be careful, because we can never know when the highest high will be made before a run down. Just like we can never know when the lowest low will be made before a run up.
  • #17,455
  • Edited 7:03pm Feb 10, 2011 9:53am | Edited 7:03pm
GU long ?? gonna test my SonicR Bounce hypotesis here..
i'll wait it make a bounce in the middle of sonicR dragon then entry..

Edit : the candle make me scare so bigggg @_@
Edit : its not bounce !!!
Edit : still not have my bounce..
Attached Image(s) (click to enlarge)
Click to Enlarge Name: gu(4)-10feb2011.gif Size: 34 KB
Click to Enlarge Name: gu(5)-10feb2011.gif Size: 58 KB
Click to Enlarge Name: gu(6)-10feb2011.gif Size: 34 KB
SonY, Gold Is Every Where Gold, but Human Not Gold..
  • #17,456
  • Feb 10, 2011 10:21am Feb 10, 2011 10:21am
Quoting noer1962
GU long ?? gonna test my SonicR Bounce hypotesis here..
i'll wait it make a bounce in the middle of sonicR dragon then entry..

Edit : the candle make me scare so bigggg @_@
Most likely it speculation to go down after news about Federal Budget Balance.
And its not Sonic|R setup.
  • #17,457
  • Feb 10, 2011 10:31am Feb 10, 2011 10:31am
Quoting nando_rich
I moved my SL aggressively down on EU & GU.
GU Stopped out...-20 pips
"Being picky only cost your time - not MONEY"...Hans
  • #17,458
  • Feb 10, 2011 10:34am Feb 10, 2011 10:34am
Quoting RonaldinhoKuban
Most likely it speculation to go down after news about Federal Budget Balance.
And its not Sonic|R setup.
so it pump out so the down trend stop ??
SonY, Gold Is Every Where Gold, but Human Not Gold..
  • #17,459
  • Feb 10, 2011 10:38am Feb 10, 2011 10:38am
Quoting traderathome
GU:

In the early asian session the price was pumped up on a small fraction of the volume that followed while the price was being held up. So, this was just more of what occurred all day yesterday.....pump and short sell.

I didn't have a trade going on this pair, and watching this price manipulation just became too much for me to watch any longer without doing a little for myself, that the PPMs are doing for themselves. So I entered short just above the half number, at 1.6061.

As a generalization, price tends to move in increments of 100's...
GU:

Added here at 1.6131 to existing short trade. New average EP is now 1.6096.
Attached Image (click to enlarge)
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  • #17,460
  • Feb 10, 2011 10:38am Feb 10, 2011 10:38am
Quoting noer1962
so it pump out so the down trend stop ??
I dont know what is maybe traders preparing new short positions??
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