Sonic R. System

EU:

Manually closed for 15 pips, EP1 to TP2.

Maste
r
1 question, with all your experience in markets, do you think the BBs make the same think day after day i mean control the price higher or low

AU:

Entered long with close in TP1 that is tentative. If this runs it might be only for about 20 pips. The asian session is not noted for big runs. The SL is mental.

The "BBs" include major trading houses as well as the trading desks of banks, etc.,......any "major player" in the mkt. with enough capital to move the price, and the order taking software to program the move should they decide to do so (something retailers haven't, and never will). Do they decide to do so on a regular basis? Yes, except on days when they could care less about trading the market. Whenever they are trading, they are looking to see if by ramming the price up or down, they can profit by closing or opening positions during their price maneuvers.

In a "free market" the myth is that when an item is in demand the price goes up. When it is not, the price drops. News can affect forex this way, so there are times when suddenly buying is genuine and price rises, or selling is genuine and price falls. At other times the reverse is true. That is to say that price rises because sellers are making it rise so they can close longs or open shorts, and the price drops because buyers are making it drop to close shorts or open longs. This maneuvering of the price by the BBs is how they give themselves the advantage over others that cannot move price.

For we retailers, riding the coattails of the market moves is what it is all about. Sometimes the moves are due to genuine buying or selling. But very often the moves are due to disengenuous price maneuvering by buyers/sellers making an advantage for themselves. We trade the moves per the SonicR setups, regardless of "why" they are happening. But sometimes the "why" is important, since maybe the move is just a harbinger of a better, opposite move yet to come. And if so, for that one we can get better prepared and have more confidence in the SonicR setup when it comes.

Just my thoughts on the subject.

P.S: Please don't refer to me as "Master". That is for Sonicdeejay, and well deserved. So far as I can see, I nor anybody else here has demonstrated that they have earned it.

AU:

Manually closed for 20 pips, EP1 to TP2.

Is the live room still active?

I really love the pivot point indicator in this system. its spot on! keep up the great work.

UChf: Entered short.

Anyone short on the EURUSD. entered .28895. Sorry cannot post a picture.

slowly and a little bit choppy. Let's see how the euro hangover will go...

EURUSD, too many gin-tonic and the result is this. I apologize with the thread's owners but today ...

I'm back to my pc so I was able to take a snapshot of my chart.

i did at 1.2890, may the force be with u

f.

sl moved to be...

Thanks. I wanna ask you a question. Why you took this trade ?

its a M5 sonic setup that took place at the SR area. i took it at 1.28906.

UCAD a good long setup?

Ok. I took this trade because it's f..king reversal against Lo time and round number. It's risky...but the market is choppy today so I took some pips and then...I'll go sleep until NY open. Thanks.

heres another setup, i dont care if its fckng risky or not i just take the trade as long as i see the setup, then let the market decide.

T Thats the attitude mate

Hi mate.

S+r wise it is always better to take the first touch of the supply area. If there is
a second touch to the same area, it makes it more risky since those orders from the first touch are no longer there. Just my 2 cents

Sometimes it´s just better to see what it does after the second touch ie go down again or make a s+r flip at that area.

May the force be with you

Regards,
H.