Sonic R. System

Market Commet With EU Example:

Just look at the attached M15 chart! EU, the most highly traded pair in the market has managed only a meager range of 77 pips up, after MULTIPLE RED LETTER USD RELEASES....? If that doesn't give you a clue, then take a gander at the topmost candles on the chart.....TALL UPPER SHADOWS....!

And, if those don't settle if for you, then look at the PV study....highest volumes on candles seeking highest prices.....!

GEEZ! It doesn't ever get any clearer than this!

The Director better have a darned good Finale for this here performance......else, I suspect there will be a lynching in the street afterwards!

Market Comment With EJ Example:

This might be the one to watch for the first signs Big Money is going to deliver all those babies. The low today is about 113.03, and so when price starts falling off from there, all hell might be about to break loose.

EJ is only indirectly related to USD pairs via EU, and EU is being more tightly manipulated, as with the rest of the USD pairs. But, when EJ weakens to the extend that it breaks LOD, it could be the harbinger for the rest.

Anyway.. If 1.36xx holds, it made a bullish weekly pin bar.

Sonic

Fat chance! They hve been struggling to keep it from busting down thru a critical S&R area! They are putting up a nice show, but that is all it is.....a nice show while they close their longs and build their short positions.

(Well, my opinion anyway.)

agree mate..we still have 1 more day to go..


Sonic

Market Comment:

Well, the London Session is overwith. The final act is finished and the curtain calls are being made. And the audience sits there, wondering if they should even bother to clap......

The show was horrible! The plot was transparent and the acting rudimentary.

As we all leave the theater, the Director and cast are still bowing on the stage. In all their arrogance, they feel they put on a splendid performance.

Indeed, they left some of the USD pairs at "anti-dollar" price extremes, just as they did yesterday in their preview matinee. But watching this was like going to see a suspense charged thriller, and ending up enduring a documentary.

Oh well, like Sonicdeejay said above......one more day to go..... If tomorrow's performance is not a whole lot better than this one was, they not only should cancel the show, they should lock up the theater with the cast and Director inside, and burn the friggin' place to the ground!

survived. taken partial profit.

I am glad you made money, CoolTrader. I truely am. But there is a perspective on your trade all should be aware of. Your entry order was close to current PA at the time you set it, and it was executed so early in the game as to represent very high risk. Only because the PPMs kept the game going, did you not lose. And the next time you might not be so lucky.

Here is what could have happened......

Entry gets executed on a whip up, a whip precisely intended to get long side traders commited. Then price gets whipped down.....HARD AND FAST! This can happen so fast that price drops WAY BELOW your SL before your SL order gets executed. Your SL order is filled well below your stated SL price and.......you just lost more money than you counted on!

I am not saying not to trade releases. But ask anyone.....things are coming to a head right now, and any new High Impact release has the potiential to trigger sudden and unbelievable volatility! Big Money is more than capable of making it so. And we don't know their plans.

So, I really am glad you made money. But I would not encourage such risk taking.

Market Comment With UCad Example:

Here is what is more or less going on with USD pairs. Big Money is shifting to "pro-dollar" positions. They need price swings and time to be able to close their "anti-dollar" positions and obtain "pro-dollar" ones. They need the range for these swings to be butted up against extreme "anti-dollar" prices, so they can make the most now off the positions they close and make the most later off the new positions they open.

The UCad chart shows a good picture of this. UCad has a range of 75 pips (somewhat lower than before all this started, of course) and for the last five trading days has gone nowhere to speak of beyond this range. That is 5x average trading volume in a single days range! That's right. It is like having a day at the lows when suddenly the volume is 5x normal! Indeed, that would make it very obvious to all that there is extreme buying at the lows. But instead, here we simply have five days of the same ole same ole, making the obvious less so.

Market Comment With EU Example:

This one is easy. The longer they probed the highs, the less they got!

Traders are waking up to the fact Big Money is trying to close longs high, and make upwards price spikes to run stops on shorts to create liquidity for their own shorting at the highs and also to get preset long orders of others executed (get them committed) before running the price back down, hitting the SLs on those brand new long trades and again increasing liquidity for their own shorting.

But towards the end of the London session, it looks like traders were wiseing up, removing SLs on shorts and cancelling preset long orders. So, each subsequent price manipulation upwards had a lower yield for Big Money.

It amazes me they have been able to get this much out of the ruse they have been running for days now. But, maybe it is coming to an end.

Look at these trading ideas ... there are only ideas ...




my plan and there are some oportunitys ....





enigma4x

TAH, since ur the volume expert here I would like to ask you a question.

How can we interpret high volume on bull candles in an uptrend ? As a potential finish for the trend or a continuation ?

Thank you

Market Comment and Last Day Asian Session PV:

Look at the PV on these two charts, and what do they have in common?

In both cases the price was moved higher and THEN heavier traffic occurred....at the highs and/or coming down off the highs.

Now, the PPMs are perfectly capable of significantly lowering the price to add longs. So why, when these two pairs are already at their highs, bother to pump the price EVEN ONE PIP MORE BEFORE BUYING MORE? It doesn't make sense.

What does make sense, not only in this limited time frame view, but in the larger picture of the past many days, is that THIS IS SELLING.

Pump and Dump......this has been repeated ad nauseum for days, even multiple times a day....day after day after day pumping the price, then closing the buys necessary to execute the pump, and ending up with a nice short position built from the sell orders executed all the way up, and at the top, and down off the top.

I have a lot of patience. And I know the more I see this PV, especially at the highest prices, that the clock is ticking now for a reversal.

Now, you might say that this is just the asian session and therefore it doesn't mean much. If so, I disagree. Each day, lately, the asian session PPMs have worked this same way with what has been handed off to them from the close of the previous US session. They are making the most of what they have to work with in an ever tightening squeeze between the real Bear on top and the "put up for show" Bull pressure underneath. I say "put up for show" due to the simple fact that Big Money needs other people to go long, and/or keep their longs, in order for the market to have the liquidity for Big Money to continue to short at higher and higher prices. So the "show" is for these long holders and "would be" long buyers...to give them confidence to "hang in there" until Big Money has engorged themselves on short position building, and finally "pulls the rug" out from under the pairs.

WARNING: Speculation!

Bullish.. xxx/USD.. In W1 TF..
See what tonight/today for US brings...
Will write proper analysis this weekend..

Sonic

Perfect tiangle on this pair...a breakout can be an interesting trade today.


I'm short on this one since yesterday.

The bearish flag that I drew yesterday has been respected by the PPM's a break down could be another interesting trade today.

I'm short on this too.

Several failures have occurred when trying to reach the upper bands of consolidations in "EU and EJ. For me it is another confirmation that the "breakdown"can occur in both.

WARNING SPECULATION!!!

Possibly bring back the price to R,,,and load up Longs..?
It is a nice sonic R short set up thou..

It is a cruel world..out there..


Sonic



http://www.cartoonstock.com/newscart...s/dbrn846l.jpg

cheers enigma4x

nice pic

and to the The Whipsaw Song


enigma4x