Sonic R. System | Page 1159 | 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

  • #23,161
  • Jul 11, 2011 9:34pm Jul 11, 2011 9:34pm
Market Comment:

EU is falling. AU is falling. These are dollar strength moves ahead of USD high impact releases later today.

Why ahead of time? The one thing that comes to mind is the dance EU made the other day....down before news, up at news and then down again later the same day. Could this be the BBs strategy today, too?

Or, is the anticipated news being worked into the pricing ahead of the news,.....then everyone will sit on their hands and wonder what will go wrong next?

I don't believe the US (gov't and corp theives) want a strong dollar, so a play upwards could come at some point.

Here is an interesting pair,UChf. It tracked EU down Friday when EU got hammered. But it has not continued to follow EU down, and EU has dropped a huge additional amount since Friday! So, what is with UChf not dropping more? Is the Swissy not being bought as euros are sold? My take is that UChf is already so well hammered to the basement floor, that even the Central Banks and other BBs cannot figure out what to do now! Driving UChf even lower is akin to being ridiculous! There is no way the Swissy should be valued so strong as it has become against the USD. Something is going to bust loose,.......anytime now!

Anyway, I entered UChf long yesterday, and later killed the SL, so I am still in the trade. I mean, how much lower can this go, without the heads of Central Banks and some BBs being carted off to jail! I quite imagine the London session will attempt lows again, at which point I intend to add,.....and again if the US BBs spike it down.
Attached Image (click to enlarge)
Click to Enlarge Name: # july 11, 2011 - 074.gif Size: 30 KB
  • #23,162
  • Jul 12, 2011 12:26am Jul 12, 2011 12:26am
Quoting zz_zhang
What a big drop today across major pairs. what a day
i agree with you zhang.. i see gjpy aka dragon, wake up after long sleep, hope 2007 movement repeat again
  • #23,163
  • Jul 12, 2011 1:45am Jul 12, 2011 1:45am
EU just touched its 200 SMA...
  • #23,164
  • Jul 12, 2011 2:45am Jul 12, 2011 2:45am
Quoting traderathome
Market Comment:

EU is falling. AU is falling. These are dollar strength moves ahead of USD high impact releases later today.

Why ahead of time? The one thing that comes to mind is the dance EU made the other day....down before news, up at news and then down again later the same day. Could this be the BBs strategy today, too?

Or, is the anticipated news being worked into the pricing ahead of the news,.....then everyone will sit on their hands and wonder what will go wrong next?

I don't believe the US (gov't and corp theives) want a strong...
UChf:

It looks like there might not be a pullback, and that the London BBs are heavily loading up longs while keeping the price in a tight range right where it is. If they can't pull back the price now due to too many buy orders below, then the US open should be real interesting.
Attached Image (click to enlarge)
Click to Enlarge Name: # july 11, 2011 - 075.gif Size: 29 KB
  • #23,165
  • Edited 3:11am Jul 12, 2011 3:01am | Edited 3:11am
Quoting zz_zhang
What a big drop today across major pairs. what a day
I said something about this 4-5 months ago regarding EU. The BBs are real stinkers. When they decide to pull the rug and lock out buyers, they not only pull the rug, they open the trap door in the floor and toss it down into the basement!

They relentlessly keep the price on the move down, with only itsy bitsy stops, but which the longs hopefully look at as signs a retrace is coming. So, the longs hold on, while the BBs load up more torpedos for the next sinking move!

The longer the longs hold out before they finally cave in and close their losing positions, the lower the price will be and the more profits the BBs will make as they too start to close their shorts.

These moves are long overdue. But hey! The year is half over now, so the next half (or more) the BBs can push now in the other direction........up/down/up/down, the forex carney circus roller coaster. Well, it has to be, doesn't it. The BBs want big profits. And prices cannot be moved greatly each year in just the same direction. So, reverse it, and proceed the other way for a good bit of time. It seems to be a good profit making method for the BBs. Just look at any forex chart,....no signs of them ever changing this method.

But, of course......pure speculation. Never mind the charts.
  • #23,166
  • Jul 12, 2011 3:19am Jul 12, 2011 3:19am
Quoting traderathome
UChf:

It looks like there might not be a pullback, and that the London BBs are heavily loading up longs while keeping the price in a tight range right where it is. If they can't pull back the price now due to too many buy orders below, then the US open should be real interesting.
UChf:

Did I just say the price was holding too strongly, and that it did not look like there would be a pullback?!

Wow! If there was ever any doubt that this is being traded for a grand move up, there shouldn't be any doubt now! Looks like the BBs just forced into the game some new shorts with orders that were sitting below S&R, which will get stoped out later. They also just ran stops down there on timid longs (why I removed my SL). This just gave a boost to waning liquidity.....now the BBs got more long orders filled at the lows.

Ok, if I must....

WARNING: Speculation.

P.S.: Sonic is sure to call that "stopping" volume! I'd say it is more like honest-to-goodness rotten BBs "starting" volume!
Attached Image (click to enlarge)
Click to Enlarge Name: # july 11, 2011 - 076.gif Size: 33 KB
  • #23,167
  • Jul 12, 2011 3:36am Jul 12, 2011 3:36am
Quoting traderathome
UChf:

London BBS moving price lower to hit long stops on whatever they can before the US BBs come to compete for the booty. On the basis of what looks to be stopping volume at these lows, I have entered EP long = 0.8361.

Price could still go lower. The US BBs have not yet arrived to do whatever they might decide to do.
UChf:

Added EP2 long = 0.8349. Removed the SL during the drop yesterday after my entry. Now there is another spike down to the same lower S&R level area. Next up, the US BBs.

To me, the chart is saying that the entire area below 0.8400 is the prime "buying zone", ever since the BBs torpedoed the price into it Friday. Of course, the BBs are going to seek out doing most of their buying low in that area. But any long down here is likely to look real good, once the drive north takes off.

WARNING: Speculation.
Attached Image (click to enlarge)
Click to Enlarge Name: # july 11, 2011 - 077.gif Size: 33 KB
  • #23,168
  • Jul 12, 2011 3:57am Jul 12, 2011 3:57am
I do not see any chance to go long with xxxCHF until this mess with USD and EUR is going. and it doesn't look that this mess will end soon. everybody buy CHF as safety warranty and will buy...

there is kind of joke, almost real words from dictator Lukashenka regarding recent Belorusia financial crisis - EUR and USD both are falling down from the mountain, just competing who will fall faster or slower. and at one moment Belorussian rubel passed them so fast (maaybe even supersonic speed), that nobody even noticed that
  • #23,169
  • Edited 4:25am Jul 12, 2011 4:11am | Edited 4:25am
Quoting kimis
I do not see any chance to go long with xxxCHF until this mess with USD and EUR is going. and it doesn't look that this mess will end soon. everybody buy CHF as safety warranty and will buy...

there is kind of joke, almost real words from dictator Lukashenka regarding recent Belorusia financial crisis - EUR and USD both are falling down from the mountain, just competing who will fall faster or slower. and at one moment Belorussian rubel passed them so fast (maaybe even supersonic speed), that nobody even noticed that
UChf:

Here is a possible motive for buying. I want to see what the US BBs do today. Meanwhile, the M15 chart continues to show highest volumes at lowest prices.

Edit: Here is another interesting observation. In the last 1.5 hours, EU has been rising. UChf, has continued to be pressed lower! No, to me it looks like the BBs are "cleaning house" at the lows, pressing ever lower for every last bit of liquidity they can find for getting long orders filled.

WARNING: Speculation.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: # july 11, 2011 - 078.gif Size: 23 KB
Click to Enlarge Name: # july 11, 2011 - 079.gif Size: 23 KB
Click to Enlarge Name: # july 11, 2011 - 080.gif Size: 27 KB
  • #23,170
  • Jul 12, 2011 4:19am Jul 12, 2011 4:19am
Mkt is driven by the fundamental..
It is easier to be an investor than TA speculator..

trade safe fellas..
Sonic
  • #23,171
  • Jul 12, 2011 4:34am Jul 12, 2011 4:34am
Quoting sonicdeejay
Mkt is driven by the fundamental..
It is easier to be an investor than TA speculator..

trade safe fellas..
Sonic
Yeah, but what fundamentals are at play?

Seems to me, the BBs see one heck of a profit going long on UChf right now. Regardless of the mess EU is in, the relationship between the USD and the swissy might be about to change, ah........REVERSE! And, isn't profit the most fundamental of fundamentals?

Anyway, that last M15 bar, TA speaking, is.......

.......fundamentally, one hell of a pin bar!
Attached Image(s) (click to enlarge)
Click to Enlarge Name: # july 11, 2011 - 082.gif Size: 25 KB
Click to Enlarge Name: # july 11, 2011 - 083.gif Size: 35 KB
  • #23,172
  • Jul 12, 2011 4:44am Jul 12, 2011 4:44am
Hello everyone,Im waiting for strong long wave up on eu

I hope through fulfilling transactions over the news,waiting american sesion open

sonicdeejay,ddaytrader,domas4, muhammad,basber comments are welcome ))
Attached Image(s) (click to enlarge)
Click to Enlarge Name: eu.gif Size: 21 KB
Click to Enlarge Name: eum155.gif Size: 16 KB
  • #23,173
  • Jul 12, 2011 4:49am Jul 12, 2011 4:49am
EU:

Since Doncex does not "welcome" my comments, I'll draw the TL a little differently......
Attached Image (click to enlarge)
Click to Enlarge Name: # july 11, 2011 - 084.gif Size: 23 KB
  • #23,174
  • Jul 12, 2011 4:59am Jul 12, 2011 4:59am
Quoting Doncex
Hello everyone,Im waiting for strong long wave up on eu

I hope through fulfilling transactions over the news,waiting american sesion open

sonicdeejay,ddaytrader,domas4, muhammad,basber comments are welcome ))
I am not that bullish..we may have back like 1.400x..
W1 TF is such a bearish candle... more likely to go down..

Sonic
Attached Image (click to enlarge)
Click to Enlarge Name: shi.gif Size: 31 KB
  • #23,175
  • Edited 5:18am Jul 12, 2011 5:05am | Edited 5:18am
EU:

Look at that block of activity. I'll bet that is the most concentrated activity so far this year! It is like a central bank stepped in to rescue it from sliding further down, after blowing out the average range moving down. My question now is, to what S&R level will the market manage it back up to, before the next slide begins?
Attached Image (click to enlarge)
Click to Enlarge Name: # july 11, 2011 - 085.gif Size: 28 KB
  • #23,176
  • Jul 12, 2011 5:07am Jul 12, 2011 5:07am
Quoting sonicdeejay
I am not that bullish..we may have back like 1.400x..
W1 TF is such a bearish candle... more likely to go down..

Sonic


Thanks for comment master,lets wait market reaction,let the market decide
  • #23,177
  • Jul 12, 2011 5:10am Jul 12, 2011 5:10am
Interesting senario if you play with the dragon set to 89 ema
Attached Image (click to enlarge)
Click to Enlarge Name: eu15minnew.gif Size: 37 KB
"The future is already written in the past"
  • #23,178
  • Jul 12, 2011 6:19am Jul 12, 2011 6:19am
thank you for this beautiful strategy
this my first contribute in this thread

and want to know what you think about this opportunity on eur/usd
http://i.min.us/ied53Y.jpg
  • #23,179
  • Jul 12, 2011 6:52am Jul 12, 2011 6:52am
Quoting Doncex
Hello everyone,Im waiting for strong long wave up on eu

I hope through fulfilling transactions over the news,waiting american sesion open

sonicdeejay,ddaytrader,domas4, muhammad,basber comments are welcome ))
I will try to go one long order in 1.3965,we have strom m15 long wave
Attached Image(s) (click to enlarge)
Click to Enlarge Name: eum155.gif Size: 16 KB
Click to Enlarge Name: eurusd buystop.gif Size: 18 KB
  • #23,180
  • Jul 12, 2011 7:45am Jul 12, 2011 7:45am
Quoting sonicdeejay
I am not that bullish..we may have back like 1.400x..
W1 TF is such a bearish candle... more likely to go down..

Sonic

1.400x for now/./

Inserted Video


Sonic
Attached Image (click to enlarge)
Click to Enlarge Name: shi.gif Size: 43 KB
22 traders viewing now