Sonic R. System | Page 930 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Sonic R.evolution 95 replies

The System Behind the System, by Merlin Jeffries 16 replies

Old School Sonic System + Other Things 11 replies

Knife system, Vegas 4h system related questions. 4 replies

Would you trade this system? New system #2. 10 replies

Attachments: Sonic R. System
Exit Attachments

Sonic R. System

  • #18,581
  • Mar 22, 2011 6:42pm Mar 22, 2011 6:42pm
Quoting nando_rich
Thanks for your reply...good lucky with your short...is your BE far??

Regards.
Far for EU. I ceased adding at swing highs, not knowing how much longer this pumping nonsense would continue. Closer for EJ.
  • #18,582
  • Mar 22, 2011 9:04pm Mar 22, 2011 9:04pm
Quoting traderathome
If I may speculate, the euro is greatly pumped on investor's "expectancy" of interest rate hikes.

I totally agree with you on the point..
We should trade on TA,,this is what we pay/win/lose,,,

IF it (if) comes trumbling down, the candle will show.. I will close my longs and go shorts...

Gr8 isn;t it,, earn both way,,

Sonic
  • #18,583
  • Mar 23, 2011 12:23am Mar 23, 2011 12:23am
Quoting enigma4x
Attachment

cheers enigma4x
yes baby - I´m a loser baby

http://www.metacafe.com/watch/1513185/beck_loser/

Attached Image (click to enlarge)
Click to Enlarge Name: enigma4x_sonic_r_usdjpy_23.03.2011_1.jpg Size: 157 KB




Cut your losses short and let your profits run

enigma4x
enjoy my life ... and ride the waves - all what I do
  • #18,584
  • Edited 1:45am Mar 23, 2011 1:30am | Edited 1:45am
UChf:

Like with UCad, this was kicked strongly down thru SR area previously. For the most part, PA has remained below this area, up and down in a range, for many days. But now, with signs of USD strength in some other pairs, this has suddenly been kicked back towards the lows of the range.

Note the volume on the first kickdown bar. Note the volume after the kickdown, on the two following bars. This has the look of, as with UCad, PPMs intentionally driving price lower for the sole purpose of buying at those lows. Unlike UCad, this has not yet started the move up thru the SR area and higher. But please also note, this is speculative.

WARNING: Speculation.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: # march 2011 - 018.gif Size: 36 KB
Click to Enlarge Name: # march 2011 - 019.gif Size: 31 KB
  • #18,585
  • Mar 23, 2011 2:02am Mar 23, 2011 2:02am
Quoting traderathome
UChf:

Like with UCad, this was kicked strongly down thru SR area previously. For the most part, PA has remained below this area, up and down in a range, for many days. But now, with signs of USD strength in some other pairs, this has suddenly been kicked back towards the lows of the range.

Note the volume on the first kickdown bar. Note the volume after the kickdown, on the two following bars. This has the look of, as with UCad, PPMs intentionally driving price lower for the sole purpose of buying at those lows. Unlike UCad, this has not yet...
UChf:

With a kickdown bar and three folllowing larger volume bars completed, the picture becomes more clear. Based on the sudden spike down, followed by more intense activity, I'd speculate the PPMs are loading up longs for a later run up thru the SR area and higher.

WARNING: Speculation.
Attached Image (click to enlarge)
Click to Enlarge Name: # march 2011 - 020.gif Size: 33 KB
  • #18,586
  • Mar 23, 2011 2:09am Mar 23, 2011 2:09am
Quoting traderathome
GU:

This has not yet fallen like EU. Yet it has a nice pattern of lower HLs. Both the Dragon and Trend are now angled down. The EP zone is at/below Trend/central pivot. Currently, PA has pulled back up.
GU:

Looks to be starting its move down, after prices were briefly pulled back up on increasing volume the higher the pullback went.
Attached Image (click to enlarge)
Click to Enlarge Name: # march 2011 - 021.gif Size: 29 KB
  • #18,587
  • Mar 23, 2011 2:09am Mar 23, 2011 2:09am
Quoting traderathome
UChf:

With a kickdown bar and three folllowing larger volume bars completed, the picture becomes more clear. Based on the sudden spike down, followed by more intense activity, I'd speculate the PPMs are loading up longs for a later run up thru the SR area and higher.

WARNING: Speculation.
check your PM TAH

enigma4x
enjoy my life ... and ride the waves - all what I do
  • #18,588
  • Mar 23, 2011 2:13am Mar 23, 2011 2:13am
Quoting traderathome
Nando_rich, if you are asking me, I can't advise you. By now it is no surprise that I am bearish on EU for quite some time, time spent by the PPMs pumping and pumping it. It has pulled back from these pumps before, but then was simply pumped again. So, this time could be likewise.

On the other hand, this could pull back upwards (maybe to the central pivot), giving this a sort of H&S formation on the H1, and then kicked downwards even more.

Note the last two highest volume bars are for bear candles.
EU:

Nando_rich, we can now see the H&S possibility on H1, as well as on M15. If this drops, I'd say it goes to just a bit below RgL, at least.
Attached Image (click to enlarge)
Click to Enlarge Name: # march 2011 - 022.gif Size: 33 KB
  • #18,589
  • Edited 2:55am Mar 23, 2011 2:14am | Edited 2:55am
Quoting traderathome
GU:

Added here at 1.6369 to short trade. EP average = 1.6219.
In your BE...

EDIT...1.6219 no 1.6319...sorry ....I have clearly lack of sleep.
Attached Image (click to enlarge)
Click to Enlarge Name: reversal_23-03-2011_gu_1.gif Size: 18 KB
"Being picky only cost your time - not MONEY"...Hans
  • #18,590
  • Mar 23, 2011 2:15am Mar 23, 2011 2:15am
Quoting traderathome
EU:

Nando_rich, we can now see the H&S possibility on H1, as well as on M15. If this drops, I'd say it goes to just a bit below RgL, at least.
God hears you.

it has to break down the 1.415x for confirmation...CAME ON BABY!!!
"Being picky only cost your time - not MONEY"...Hans
  • #18,591
  • Mar 23, 2011 2:27am Mar 23, 2011 2:27am
EJ:

And if EU starts to break down, then one has to wonder what will happen to EJ. Will it, too, fall? Or, will the Central Piggy Banks keep it propped up? And, did they really hike the price back up to help Japan? Or, were the previously existing prospects for a fall such that the PPMs were loading up shorts, but then the price suddenly fell on news.....too soon for the greedy PPMs. So, they hiked it back up for more shorting?

......more time for the PPMs and Piggy Banks to short, now on a "Sure Thing"? There sure is cause to wonder about that, especially since the trading levels have not fallen off that much for something we are to believe is not going "anywhere" any time soon!

WARNING: Speculation.
Attached Image (click to enlarge)
Click to Enlarge Name: # march 2011 - 023.gif Size: 29 KB
  • #18,592
  • Mar 23, 2011 2:59am Mar 23, 2011 2:59am
UCad:

Looks like the London session PPMs made their move on this one. They kicked the price down, with most of the trading done at the lowest prices. That is something easily confirmed on the M1 chart with volume. So, as with UChf, they are acquiring longs at a lower prices, presumably ahead of a planned move to go higher, later.

WARNING: Speculation.
Attached Image (click to enlarge)
Click to Enlarge Name: # march 2011 - 024.gif Size: 30 KB
  • #18,593
  • Mar 23, 2011 3:22am Mar 23, 2011 3:22am
Entered EU long as attached, stop 1.4140, TP not set..will closely monitor it.
Attached Image (click to enlarge)
Click to Enlarge Name: eu 23mar.jpg Size: 107 KB
seeing through
  • #18,594
  • Mar 23, 2011 3:35am Mar 23, 2011 3:35am
This move up looks fishy to me. Keep a close eye. Best!
Quoting pipphunter
Entered EU long as attached, stop 1.4140, TP not set..will closely monitor it.
  • #18,595
  • Mar 23, 2011 3:47am Mar 23, 2011 3:47am
Quoting Sumeet Malik
This move up looks fishy to me. Keep a close eye. Best!
I should have entered earlier, which would provide much safer position..
When i finished dinner and turned on computer, the PA already kicked off...I hate Australia's time zone, always dinner time at london open..
seeing through
  • #18,596
  • Mar 23, 2011 3:54am Mar 23, 2011 3:54am
Quoting Sumeet Malik
This move up looks fishy to me. Keep a close eye. Best!
Yes. Fishy. M1 shows they kicked it up on light volume. Biggest volume bar came when price neared central pivot. And up there is where they are now trading. So, it could be the PPMs hiked the price to start shorting it.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: # march 2011 - 026.gif Size: 31 KB
Click to Enlarge Name: # march 2011 - 027.gif Size: 33 KB
  • #18,597
  • Mar 23, 2011 4:27am Mar 23, 2011 4:27am
Quoting traderathome
Yes. Fishy. M1 shows they kicked it up on light volume. Biggest volume bar came when price neared central pivot. And up there is where they are now trading. So, it could be the PPMs hiked the price to start shorting it.
Yes!

we must be very patient with PPM's
"Being picky only cost your time - not MONEY"...Hans
  • #18,598
  • Edited 4:41am Mar 23, 2011 4:31am | Edited 4:41am
Quoting nando_rich
Yes!

we must be very patient with PPM's
EU:

Now, to see if this H&S completes. PA has to break thru the lower SR area, bounded on the bottom by DS2. Should be in "free fall" for a while, after that.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: # march 2011 - 030.gif Size: 33 KB
Click to Enlarge Name: # march 2011 - 031.gif Size: 34 KB
  • #18,599
  • Mar 23, 2011 4:32am Mar 23, 2011 4:32am
Eur/USD :
Buy stop executed @ 1.4201 TP:1.4232 SL: 1.4171

SL hit -30 pip

i have no reason to put SL lower than 1.4171 on 15 minutes chart
  • #18,600
  • Mar 23, 2011 4:35am Mar 23, 2011 4:35am
Quoting traderathome
EU:

Now, to see if this H&S completes.
I agree...1.415x is the key.
"Being picky only cost your time - not MONEY"...Hans
82 traders viewing now, 1 is registered:
eluo