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Sonic R. System

  • #41,981
  • Dec 12, 2012 2:17am Dec 12, 2012 2:17am
Ok Tah, I confused now, green line is showing after red line in VSA now and more higher, what that mean? trend will be change?

Thanks before
  • #41,982
  • Edited 2:46am Dec 12, 2012 2:24am | Edited 2:46am
Quoting SCopier
Ok Tah, I confused now, green line is showing after red line in VSA now and more higher, what that mean? trend will be change?

Thanks before
Read the User Notes of the Volume indicator. Just bull/bear coloring. What is important here is the mkt is suddenly doing a hell of a lot of trading, but attempting to keep prices in a range until it "loads up" for the run that is to be. Will that run be up, or down? We have to wait and see. Like Frank said about EU, the same here. This could continue to be driven north. Or it could get the rug pulled out from under it. And likely nothing will happen until the US boys get in and get what they consider their fair share of the pie before tossing the tin.
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  • #41,983
  • Dec 12, 2012 3:00am Dec 12, 2012 3:00am
The reason I didn't tell you "slow guy", it's because I don't know. You see, we're in a fuc..ing channel. There is a lot of uncertainity. This market is the reason why a lot of people are suffering.

Quoting traderathome
(So much for his "waiting".....)

Hey umbro! Man, the least you could do for all of us "slow folks" is to also show your TP(s)! I mean, what good is the trade post as a example for students if you leave out part of the lesson?
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  • #41,984
  • Dec 12, 2012 3:11am Dec 12, 2012 3:11am
Quoting umbro
The reason I didn't tell you "slow guy", it's because I don't know. You see, we're in a fuc..ing channel. There is a lot of uncertainity. This market is the reason why a lot of people are suffering.
Gee, I never heard of that kind of channel before. I must have missed that class.
  • #41,985
  • Dec 12, 2012 3:16am Dec 12, 2012 3:16am
It's like having a square object in that place ! I prefer a round one. You suffer and you cannot do anything.
Quoting traderathome
Gee, I never heard of that kind of channel before. I must have missed that class.
  • #41,986
  • Dec 12, 2012 3:18am Dec 12, 2012 3:18am
Quoting traderathome
Read the User Notes of the Volume indicator. Just bull/bear coloring. What is important here is the mkt is suddenly doing a hell of a lot of trading, but attempting to keep prices in a range until it "loads up" for the run that is to be. Will that run be up, or down? We have to wait and see. Like Frank said about EU, the same here. This could continue to be driven north. Or it could get the rug pulled out from under it. And likely nothing will happen until the US boys get in and get what they consider their fair share of the pie before tossing...
GU:

Look at it now. The market has had over half an hour and a hell of a lot of trading, and managed to move the price up only about 18 pips. Not exactly a breakout, is it? So, unless things change, this sort of confirms the real move will be down, when it comes. All the London mkt did was Pump & Dump; moved the price up to close latent longs and to start gobbling up shorts, imho. Right or wrong, I still don't think it is time to trade. As Master Sonicdeejay says, "Too late to long, too early to short". We gotta see what the NYC thugs do with this.
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  • #41,987
  • Dec 12, 2012 3:22am Dec 12, 2012 3:22am
Out 15 pips. I'm refreshed now.


Quoting umbro
It's like having a square object in that place ! I prefer a round one. You suffer and you cannot do anything.
  • #41,988
  • Dec 12, 2012 3:45am Dec 12, 2012 3:45am
UCad Heads Up:

Prounounced bullish wedge. Too early for Sonic R. setup. US open might tinker with this some more, too. But this could be an indication that the bullish market that was continually torpedoing last week to get lower and lower cost longs, might be getting ready for the reversal.
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  • #41,989
  • Dec 12, 2012 4:05am Dec 12, 2012 4:05am
EU and GU long setups
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Keep Simple...!
  • #41,990
  • Dec 12, 2012 4:35am Dec 12, 2012 4:35am
Quoting traderathome
GU:

Look at it now. The market has had over half an hour and a hell of a lot of trading, and managed to move the price up only about 18 pips. Not exactly a breakout, is it? So, unless things change, this sort of confirms the real move will be down, when it comes. All the London mkt did was Pump & Dump; moved the price up to close latent longs and to start gobbling up shorts, imho. Right or wrong, I still don't think it is time to trade. As Master Sonicdeejay says, "Too late to long, too early to short". We gotta see what the NYC thugs do with...
GU:

And look at it now. Further indication the drive up was just to close latent longs and open shorts. Price manipulation, pure and simple. And such that it only serves to alert that the true run to come will be down, imho.

And that will more than likely translate to EU also, although EU PA is still being too well manipulated to show it right now.
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  • #41,991
  • Dec 12, 2012 5:11am Dec 12, 2012 5:11am
u just guess that gu is on top, but its on the up trend. just follow the trend ,but not guess. my idea,maybe wrong. but i also want that gu is on top,because i wanna sell it, hope u succeed.
  • #41,992
  • Dec 12, 2012 6:16am Dec 12, 2012 6:16am
Quoting traderathome
GU:

And look at it now. Further indication the drive up was just to close latent longs and open shorts. Price manipulation, pure and simple. And such that it only serves to alert that the true run to come will be down, imho.

And that will more than likely translate to EU also, although EU PA is still being too well manipulated to show it right now.

Clearly above Dragons and not sign of wave for shorts..
Shorting is not advised..even a scout..


Sonic
  • #41,993
  • Dec 12, 2012 6:22am Dec 12, 2012 6:22am
EURAUD entered long

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" Support/Resistance is your friend .. and TREND your girlfriend .. "
  • #41,994
  • Dec 12, 2012 6:35am Dec 12, 2012 6:35am
Quoting traderathome
GU:

And look at it now. Further indication the drive up was just to close latent longs and open shorts. Price manipulation, pure and simple. And such that it only serves to alert that the true run to come will be down, imho.

And that will more than likely translate to EU also, although EU PA is still being too well manipulated to show it right now.
im with you bossing. PA range could trigger shorties coz price already hit H4 SR areas. otherwise imho the market could still try to push the price a little bit higher to acquire better price.
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  • #41,995
  • Dec 12, 2012 6:39am Dec 12, 2012 6:39am
Quoting alrightfrank
LOL! i think he means 2 mins to wait be its LO or not.
@ umbro be careful there, i am still long bias for now.......
just on the spot, all eu closed...
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  • #41,996
  • Dec 12, 2012 6:46am Dec 12, 2012 6:46am
Quoting alrightfrank
just on the spot, all eu closed...
Nice job ..
" Support/Resistance is your friend .. and TREND your girlfriend .. "
  • #41,997
  • Dec 12, 2012 6:54am Dec 12, 2012 6:54am
Quoting alrightfrank
just on the spot, all eu closed...

good trade..

Happy hunting..
Sonic
  • #41,998
  • Dec 12, 2012 6:57am Dec 12, 2012 6:57am
Quoting Shooter150
Nice job ..
thanks mate, i was about to post to advice you last time the possibility of PA to hit that level but your Tp hit already (check the previous post its thre).
  • #41,999
  • Dec 12, 2012 6:58am Dec 12, 2012 6:58am
Quoting sonicdeejay
good trade..

Happy hunting..
Sonic
thanks as well bossing...
  • #42,000
  • Dec 12, 2012 11:04am Dec 12, 2012 11:04am
Quoting alrightfrank
thanks as well bossing...
Are we talking about a completed circle from the first drop here LOL.

Congrats mate

Regards,

H.
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"The future is already written in the past"
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