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Sonic R. System

  • #42,681
  • Jan 8, 2013 10:01pm Jan 8, 2013 10:01pm
Quoting SCopier
Yes, I know too risky but When I saw 1 hour chart I am sure about this shorted
I think its going up. Just use a naked chart with one or two ma. Its better for you.
  • #42,682
  • Jan 8, 2013 10:13pm Jan 8, 2013 10:13pm
Quoting Supertrader9
I think its going up. Just use a naked chart with one or two ma. Its better for you.
In my view price will drop until trend line and then back to up side and this is already confirmed by VSA.
Lets market decide..

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  • #42,683
  • Edited 10:54pm Jan 8, 2013 10:24pm | Edited 10:54pm
Quoting SCopier
In my view price will drop until trend line and then back to up side and this is already confirmed by VSA.
Lets market decide..

Attachment
I don't know how you can say "...this is already confirmed by VSA", as if guaranteed.

For all we know the price will go up to make a double top, then come down to breach the TL, and drop further (ref: your H4 chart). For now, the Dragon continues to be angled up and even the H1 Dragon (the Trend Line in pic.) is leveling off after a slight decline. PA is testing local SR, but if SM has plans to ram the price higher later today, I'm sure that area just below the whole number is a tempting area to hunt SLs on longs before such a drive. So, price could breach that local support area and still climb afterwards.

And I do not mean to impose this hypothesis on anyone. With the very next candle, changes could begin that alter everything. But with certainty I say that VSA does not predict a future move. A future move might be consistent with the most logical interpretation of previous VSA. On the other hand, the market might decide to surprise folks that are anticipating something, and do just the opposite.
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  • #42,684
  • Edited 11:59pm Jan 8, 2013 11:46pm | Edited 11:59pm
Quoting traderathome
UCad Comment:

Sonicers, while not our prime EU trading vehicle, it still has possibilities that might be coming to a head.....

Daily - 50% retrace, twice!
H1 - prolonged basing, including a buying generated break up out of the range, followed by a quick reset manipulation of price back down into the basing range for more of whatever SM is doing (guess).
M15 - PA starting to show bullish again.....
UCad:

Higher low and a good increase in volume coming in as price moved off that low. Bullish.
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  • #42,685
  • Jan 9, 2013 2:18am Jan 9, 2013 2:18am
Quoting SCopier
EJ entered SHORT, just trying to follow VSA

Attachment
Finally SL hit, bad trade...
  • #42,686
  • Jan 9, 2013 2:34am Jan 9, 2013 2:34am
Quoting traderathome
UCad:

Higher low and a good increase in volume coming in as price moved off that low. Bullish.
UCad:

Yet another sign the market is bullish, even though the price show belies that. Look at the middle candle in the box. Look at it's volume. SM does not knock down the price just to sell a bunch at the lows! 'Nuf said.

This does not mean the price cannot go even lower. It can. What it does signify is that even though prices are dropping, the market is bullish and making preparations for a bull move. My take.
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  • #42,687
  • Jan 9, 2013 2:39am Jan 9, 2013 2:39am
Quoting traderathome
UCad:

Yet another sign the market is bullish, even though the price show belies that. Look at the middle candle in the box. Look at it's volume. SM does not knock down the price just to sell a bunch at the lows! 'Nuf said.

Tah,

Are you still in your long UCAD trade?
  • #42,688
  • Jan 9, 2013 2:42am Jan 9, 2013 2:42am
Quoting traderathome
EU Comment:

In the early asian session it looks like the mkt. sentiment is bearish; a selloff and perhaps preceded by a brief upwards SL hunt on shorts so additional profits can be had on the trek down. The support area mentioned by Sonic is intact, so price might range for awhile. The FO/LO and US SM might repeat SL hunts, too, before starting another price mark-down drive, down thru this support. The lower whole number area coincides with RDL, which makes for a nice target 70+ pips below the support. If a short setup occurs above support...

Quoting sonicdeejay
Sir,

always looking forward ur commentary..


Sonic
Very nice to see other good traders got same view in time things looks not so clear
  • #42,689
  • Jan 9, 2013 2:47am Jan 9, 2013 2:47am
Quoting kashTrader
Tah,

Are you still in your long UCAD trade?
Yep, and a group of three others a bit higher than these. If this breaks up, then 1.0000 could be the target and nice for all the trades. The SL was, and remains a mental SL for all of the trades.
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  • #42,690
  • Edited 3:16am Jan 9, 2013 3:01am | Edited 3:16am
UCad Comment:

Just to kill some time......

Sometimes it is interesting to drop down to M1 to view the nitty gritty of price/volume action. Here we see that as SM instigated the price dropping maneuver, more and more trading occurred the lower the price went. And, once down, the overall volume level has remained higher! What does that tell you?

.......Torpedo the price and Buy, Buy, Buy!


How many torpedoes will SM fire as they gobble up to build positions? Nobody knows. And that is why the price can always go one more step lower than you might think.

.....and why we never ever trade on volume alone!
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  • #42,691
  • Jan 9, 2013 3:26am Jan 9, 2013 3:26am
Hi, gu long, Valid setup?

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  • #42,692
  • Jan 9, 2013 3:31am Jan 9, 2013 3:31am
Quoting traderathome
UCad Comment:

Just to kill some time......

Sometimes it is interesting to drop down to M1 to view the nitty gritty of price/volume action. Here we see that as SM instigated the price dropping maneuver, more and more trading occurred the lower the price went. And, once down, the overall volume level has remained higher! What does that tell you?

.......Torpedo the price and Buy, Buy, Buy!


How many torpedoes will SM fire as they gobble up to build positions? Nobody knows. And that is why the price...
UCad:

With that "Torpedo and Buy, Buy, Buy!" maneuver, looks like SM has cleaned out the cookie jar for now. By restoring the price to the former higher level, SM now encourages others to go long. Many longs will place SLs on their trades. Those SLs are incentives for possibly more torpedoes later.
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  • #42,693
  • Jan 9, 2013 3:34am Jan 9, 2013 3:34am
Quoting fiovit
Hi, gu long, Valid setup?

Attachment
Eu moving other way
  • #42,694
  • Jan 9, 2013 3:37am Jan 9, 2013 3:37am
Quoting fiovit
Hi, gu long, Valid setup? Attachment
Check H1 and see that the trend is down. And you entered long just as price approached a resistance area.....
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  • #42,695
  • Jan 9, 2013 3:47am Jan 9, 2013 3:47am
UCad Comment:

Here is another view....
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  • #42,696
  • Jan 9, 2013 4:32am Jan 9, 2013 4:32am
Quoting zarach
thanks for your explanation,, it's just the eu pair seem way too hectic for me the au pair is much readable,but I get what your point is. On last Friday and yesterday I saw a jump on vsa in au pair for a buy in 15M chart thats why I'm considering to seek buy signal today or maybe tomorrow.
I, like I suspect do many here, have a problem wrapping my brain around the VSA indicator. The colors and lengths seem to scream out a DIRECTION in my feeble mind, when all the time I KNOW it really just means "activity levels" indicating a possible move in one direction or the other.

I wonder if we would be better served by some type of indicator that only shows percentage amounts of activity....like a tachometer gauge that shows "low, medium, and high" activity. Something simple that could be shown in the main chart window near the current PA. Something that would serve to alert us that something MAY be about to happen (not what, only may), and to be on the alert for it.

I like to keep things as simple as possible so my brain doesn't try to lead me in some other direction!

  • #42,697
  • Jan 9, 2013 6:23am Jan 9, 2013 6:23am
Hi professor TAH, i realy like your last tempate with VSA , would you be so kind to share it.
  • #42,698
  • Jan 9, 2013 7:15am Jan 9, 2013 7:15am
Love it...

Am not feeling well..


Sonic
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  • #42,699
  • Jan 9, 2013 8:41am Jan 9, 2013 8:41am
Complete failure in predicting the price has finished breaking the lower guideline (breakout). SM was not accumulating, but distributing. I entered short on the breakout.
Newbie trader
  • #42,700
  • Jan 9, 2013 9:02am Jan 9, 2013 9:02am
eur jpy entered long

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