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Sonic R. System

  • #17,461
  • Edited 11:02am Feb 10, 2011 10:48am | Edited 11:02am
Quoting RonaldinhoKuban
I dont know what is maybe traders preparing new short positions??
GU:

I don't believe anything has changed to alter the hypothesis that the price is being pumped again and again, after heavy shorting again and again. I still believe this is all part of building short positions ahead of a VERY nice new down trend. Meanwhile, the PPMs need to continue to attract in long buyers to create the liquidity necessary for the PPMs to be able to get short orders filled without driving the price too low. As buyers come in to help with the pumps, the PPMs take the short side of the trades.

I believe eventually the rug will be pulled out, and that this will suddenly and dramatically drop.....at least 200+ pips just for starters. But, this is just all my opinion.

As far as SonicR goes, we should just trade what we see because sometimes there are perfectly good SonicR setups in both directions midst all the manipulations.

As for this current spike up, PA only reached the FR 38% level so far, which is not anywhere near enough to change opinions. It is very likely the PPMs have just reset the price to the high ground again for another round of shorting ahead of the USD Medium Impact release in about 2 hours, and the two GBP High Impact releases tomorrow.

Clearly on the H4 chart PA is demonstrating now lower highs and lower lows. And the Dragon has already rolled over. The moves upwards are to the top of a descending channel, and represent efforts by the PPMs to keep the price from breaking out downwards before they are ready for that to happen. The potential for a huge initial move down exists. The PPMs want to be fully loaded up with short positions before they let that happen. And, in order to get short positions, they need to keep manipulating the price back upwards to coax other traders to go long....not only that, but also to keep encouraging existing longs so they won't start closing their positions! I believe it is just that simple.

WARNING: Speculation!
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  • #17,462
  • Feb 10, 2011 11:08am Feb 10, 2011 11:08am
Quoting traderathome
GU:

I don't believe anything has changed to alter the hypothesis that the price is being pumped again and again, after heavy shorting again and again. I still believe this is all part of building short positions ahead of a VERY nice new down trend. Meanwhile, the PPMs need to continue to attract in long buyers to create the liquidity necessary for the PPMs to be able to get short orders filled without driving the price too low. As buyers come in to help with the pumps, the PPMs take the short side of the trades.

I believe eventually the rug...
agree with you TAH..
i will not long until i get that stupid bounce

its has similar pattern like yesterday...
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SonY, Gold Is Every Where Gold, but Human Not Gold..
  • #17,463
  • Feb 10, 2011 11:21am Feb 10, 2011 11:21am
Quoting noer1962
agree with you TAH..
i will not long until i get that stupid bounce

its has similar pattern like yesterday...
GU:

Here is a chart a lot of folks might be looking at about now, especially if they are long or are entertaining the thought of going long.

This H4 shows the FR study for the last swing high. And it shows PA has now dropped to the 50% level. Lots of traders do not want to go long until they see that happen. And, with such a dramatic bounce we just had off that 50% level, lots of traders might be considering going long now before any more "news" takes PA even higher!

You can see how all this plays into the hands of the PPMs in our hypothesis.

What do we do in such situations? We stick with SonicR setups....WAVE, Dragon angled, PA on right side of Trend, proper hours or a good reason for otherwise, and a reasoned overview of the setup relative to support and resistance. Good setups can come in either direction no matter what the PPMs are doing overall. Tighten up your TP if there is still concern.
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  • #17,464
  • Feb 10, 2011 11:42am Feb 10, 2011 11:42am
Quoting traderathome
GU:

Here is a chart a lot of folks might be looking at about now, especially if they are long or are entertaining the thought of going long.

This H4 shows the FR study for the last swing high. And it shows PA has now dropped to the 50% level. Lots of traders do not want to go long until they see that happen. And, with such a dramatic bounce we just had off that 50% level, lots of traders might be considering going long now before any more "news" takes PA even higher!

You can see how all this plays into the hands of the PPMs in our hypothesis....
if i dont misunderstood your word, if the price passing 24% FR then we change our mind set to long from short ? or we wait the long setup form in the H4 TF ?
i see in H4 TF has The "bounce" has form.
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SonY, Gold Is Every Where Gold, but Human Not Gold..
  • #17,465
  • Feb 10, 2011 11:50am Feb 10, 2011 11:50am
Quoting noer1962
if i dont misunderstood your word, if the price passing 24% FR then we change our mind set to long from short ? or we wait the long setup form in the H4 TF ?
i see in H4 TF has The "bounce" has form.
We don't trade SonicR setups on the H4, we trade them on the M15. But we do look at the H4/Daily to see if there is shown any reason/confirmation that a setup on the M15 could/should be valid.

I used the H4 with the FR study, in my previous post, only to demonstrate how "positive" it might appear to aspiring long buyers and those traders already holding long positions.
  • #17,466
  • Feb 10, 2011 12:34pm Feb 10, 2011 12:34pm
EJ:

Eventually another SonicR setup will occur. Meanwhile, from this M1 chart we can clearly see that the PPMs concluded their pump with 2x+ average trading at the extreme highs. Obviously, this is not buying!

The PPMs started the pump with their own buy orders. But as that drew in other traders going long, they took the short side. They continued buying, only as necessary, to keep the price rising, so they could continue to take the short sides. Once the price became too high to coax more traders to go long, they closed out their own longs. Ok, now the price is higher again. And the PPMs have lots of time to more casually manipulate the price up and down within a range, taking the short side of any longs that they might be able to continue to draw in. In the end, however, the PPMs will go on a more serious campaign to get short orders executed. This may involve a whipsaw, but most certainly will end up dropping the price again.

WARNING: Speculation!
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  • #17,467
  • Feb 10, 2011 4:01pm Feb 10, 2011 4:01pm
Quoting nando_rich
I moved my SL aggressively down on EU & GU.
TP reached +27 pips.

I've only running the EJ trade ...Another mistake of mine. For not following my initial sl. I have to work on that. If the PA does not fall tomorrow. I assume my loss. Anyway, my maximum risk is 100 pips loss in this trade. -134 Now I'm not that bad.

Regards.
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"Being picky only cost your time - not MONEY"...Hans
  • #17,468
  • Feb 10, 2011 5:23pm Feb 10, 2011 5:23pm
Quoting traderathome
I have added to this short trade at 1.0126, at the top of the EP zone. The EP Average is now 1.0020, about 100 pips below current PA.
AU:

Just 14 pips on this closed trade. Closed it because I suspect price might rise between now and the USD High Impact releases. If that happens, then a better re-entry opportunity to go short happens.....IF price rises, and if price rises BECAUSE price is going to later fall. Lots of vagarities there. I'll take the 14 pips and wait it out uninvested and unencumbered.
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  • #17,469
  • Edited 7:08pm Feb 10, 2011 6:38pm | Edited 7:08pm
EJ:

I keep coming back to this one because I find the PA fascinating.

We all know that when Big Money wants prices either lower or higher, it is no problem for them to move the prices, especially when we are talking small moves. We see it time and again every week on every major pair. If they want to add long positions, they'll knock the price down a bit first. If they want to add short positions, they'll drive up the price a bit first. They do it all the time.

So, what does that have to do with EJ currently? Well, if we start thinking EJ is going higher, then it is logical if Big Money is going to participate beyond their current holdings, they'll knock the price down a bit to add some more longs. And with BOJ on a holiday now, you'd think they'd simply hold down the price this session while adding those longs.

That is not happening. The asian session kicked off with a small drive up, which is being followed by higher levels of trading so far. This is more the pattern used by Big Money to attain higher ground for shorting, than lower ground for buying.

To top it off, on the Montly chart we see that price remains at the PPZ zone, and has run 10 months consolidating just below it. Being at the top of the consolidation range, is it going to break out up, or is Big Money shorting at the highs in preparations for a drop down thru the consolidation range, and on to new lows? If it is going to break out upwards, why are the asian PPMs in such a hurry to drive the price up, and THEN increase the trading activity?

With the price in a PPZ area on the Monthly chart, and all this rush, rush to pump the price on the BOJ holiday.....well, it is fascinating.
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  • #17,470
  • Feb 10, 2011 6:57pm Feb 10, 2011 6:57pm
EJ:

I made another non-SonicR addition to my short trade on this pair at 113.35 and now my average EP is 111.65. Having closed two other trades in the last 24 hours at profit, I have additional wiggle room without strssing margins. If the PPMs manage the upper half number and then the upper whole number, I might add there too.
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  • #17,471
  • Feb 10, 2011 7:46pm Feb 10, 2011 7:46pm
EU and GU:

Asian session professionals just mounted selloff runs. Of course, as we have seen time and again, first they pumped them.
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  • #17,472
  • Feb 10, 2011 7:53pm Feb 10, 2011 7:53pm
Quoting traderathome
EJ:

I keep coming back to this one because I find the PA fascinating.

We all know that when Big Money wants prices either lower or higher, it is no problem for them to move the prices, especially when we are talking small moves. We see it time and again every week on every major pair. If they want to add long positions, they'll knock the price down a bit first. If they want to add short positions, they'll drive up the price a bit first. They do it all the time.

So, what does that have to do with EJ currently? Well, if we start thinking EJ...
EJ:

And, of course they did it here also. But from the PA/V study, we knew it was coming, didn't we!

These itsy bitsy selloff runs on EJ, EU and GU during the asian session might be just small samples of what is to follow.
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  • #17,473
  • Edited 2:27am Feb 11, 2011 12:37am | Edited 2:27am
Quoting traderathome
EJ:

And, of course they did it here also. But from the PA/V study, we knew it was coming, didn't we!

These itsy bitsy selloff runs on EJ, EU and GU during the asian session might be just small samples of what is to follow.
EJ short..

Edit : SL and TP update
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SonY, Gold Is Every Where Gold, but Human Not Gold..
  • #17,474
  • Feb 11, 2011 1:56am Feb 11, 2011 1:56am
I'll add to my short in this EP with a moderate TP for minimize my initial risk.
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"Being picky only cost your time - not MONEY"...Hans
  • #17,475
  • Feb 11, 2011 2:00am Feb 11, 2011 2:00am
I'll try this re-entry trade too on GU. If the PA does a new LL.
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"Being picky only cost your time - not MONEY"...Hans
  • #17,476
  • Edited 3:43am Feb 11, 2011 2:08am | Edited 3:43am
Quoting noer1962
EJ short..
Noer1962, please compare the location of your vLines to mine. Yours are two hours ahead in time from where they should be. You need to add "2" to the GMT setting you are using. Chances are you need also to do this in the TzPivots indy, as they use the same setting.

You'll see my screenshot was taken in the 1st M15 time frame at the top of the hour....minutes ago. And you can see from the Clock that it is indeed 8am in London and for GMT (London is at GMT in the winter). And you can see the PA just reached the London vLine.

Turn on your own Clock indy and confirm.
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  • #17,477
  • Feb 11, 2011 2:31am Feb 11, 2011 2:31am
Quoting nando_rich
I'll try this re-entry trade too on GU. If the PA does a new LL.
Order canceled...my max PB for reentry trades has been broken.
"Being picky only cost your time - not MONEY"...Hans
  • #17,478
  • Feb 11, 2011 2:42am Feb 11, 2011 2:42am
Quoting nando_rich
Order canceled...my max PB for reentry trades has been broken.
Yeah, the asian traders had no problems with wacking the GBP. But, oh boy, those Londoners are so touchy about letting their precious pound drop........

Let's see how long those prima donas can hold out!
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  • #17,479
  • Feb 11, 2011 2:48am Feb 11, 2011 2:48am
Around here they always say: We are trading the 15m chart, looking for a motive in the Long TF confirms our trade ....

Ok it's my analysis for EJ.

In the big picture we can see a DTL bounce, it could be a confirmation to look for short trades.

In the 15m the PA is ranging inter half number and DPV. A break down could be an interesting trade. It's my bet today.

We'll see.
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"Being picky only cost your time - not MONEY"...Hans
  • #17,480
  • Edited 3:15am Feb 11, 2011 2:59am | Edited 3:15am
EJ:

Good previous post, nando! And I think it is official now. EJ is a new SonicR short setup......

1. WAVE is smooth/even, not erratic, and spaced. And it is placed just above a whole number, which is a good location for breakouts downwards.
2. Dragon is angled down.
3. PA is below Trend.
4. EP is in the proper span of best hours to trade. Whole number support is below, but within 20 pips of the Dragon boundary. So, entry could wait for break of whole number and might still be in the very bottom of the EP zone, which extends no more than 20 pips beyond the Dragon boundary at the EP defining candle. Or, let the whole number be broken and wait for a pullback up into the EP area again.
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