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Sonic R. System

  • #43,241
  • Jan 23, 2013 2:29am Jan 23, 2013 2:29am
Quoting princefred
I lost those two as well but no problem believe followng the system will cover those losses in the long run(short run hopefully)
Sonic How many "normal"SonicR setups have u had today?
I would like to believe. There is so many arguments for this. However, people tend to have little belief even in the presence of great evidence..
  • #43,242
  • Edited 3:00am Jan 23, 2013 2:33am | Edited 3:00am
Disturbed by Pull Ups on Pairs That Have Been Dropping?

Keep in mind that retraces are very healthy for the trend. These pairs that have been dropping (AU, EU, GU, AJ, EJ, etc.) are newly in a down trend. A pull up is healthy. And, in fact, these pull ups today might be exceptionally healthy. That is to say, they might be expressly to get rid of any longs that could interfere with the next leg down. Get them committed now and short against them now (bigger profits on the shorts if now rather than later). The next leg down could be the start of a very serious mark down plan on all of these. And all these new longs that enter during these pull ups, well once the mark downs get underway, they will go from elation to fear. They will all eventually sell at a loss, but their selling will add more momentum to the marking down of prices.

SM has the heart of a thief, and has it's plan to make profits, and is working it.

Look at GU, for example. See, SM hiked the price, tested for longs. Look at the difference in volume on the two testing up-moves! Looks like things are improving for the start of a mark down, as it appears there are fewer longs left to interfere. The up-moves are designed to excite longs into action. Just weren't as many around this time. This is good for the SM bear.

As Andy might say, that last bar is a bear bar. It immediately follows those two greenies. It null and voids them! SM is a bear.
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  • #43,243
  • Jan 23, 2013 2:54am Jan 23, 2013 2:54am
Dear traderathome

Just a question , and why not the opposite , SM is accumulating long each time we go to 1.3300 there is very strong buying .... cannot be done by retail ..
this is my question ....

in fact it looks they are buying dips ...

Thank's in advance for your time

Landsat
Logic will take you from A to B Imagination will take you anywhere (A.E)
  • #43,244
  • Edited 3:27am Jan 23, 2013 3:05am | Edited 3:27am
Quoting landsat
Dear traderathome

Just a question , and why not the opposite , SM is accumulating long each time we go to 1.3300 there is very strong buying .... cannot be done by retail ..
this is my question ....

in fact it looks they are buying dips ...

Thank's in advance for your time

Landsat
What makes you think there is very strong buying? Just because a candle is a tall bull candle and the volume is large? How do you know that most of the candle volume wasn't at the highs during the candle's TF? 'Cause if it were, that might not be strong buying. It might be strong selling. Pump and Dump!

Realize that bears make bull candles as well as bear candles. And bulls make bear candles as well as bull candles! Things are not always what they appear to be. How do you think SM is so good at fooling folks out of their money?!

And buying the dips? No! Hard selloffs have been taking the price down. Then SM "saves" it, supports it, rams it back up. Why? How is SM going to get more longs into the market if SM allows the price to start to fall, and then just keep on going?! No! SM is smart money. It knows it has to stop the drop and resurrect the price to start the longs coming back in so SM can resume shorting at high prices. SM pumps up the price and longs get greedy as the price goes higher and start to jump in. SM starts to short 'em. Eventually longs are all in. SM has lots of new shorts obtained at highs. Next? Once the longs are exhausted, all in, wack the price!

Look at the candles and volumes boxed. Strong bull up move, right? Well, guess what. There is almost 4x more volume immediately after the up-move, and while the price is still high. That's a bear at work, dumping! In this case, immediately taking the short side of all pending long orders as they appear. Get longs in, and get beautifully price shorts because of them! Pump & Dump!
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  • #43,245
  • Jan 23, 2013 3:07am Jan 23, 2013 3:07am
UsdChf entered short

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" Support/Resistance is your friend .. and TREND your girlfriend .. "
  • #43,246
  • Edited 3:40am Jan 23, 2013 3:08am | Edited 3:40am
Hello, sorry for my bad English. I was not sure what to expect: a rebound from the line (89 EMA) or the breakdown of the line, and a further decrease in prices? Please explain, I badly translated.
  • #43,247
  • Jan 23, 2013 3:18am Jan 23, 2013 3:18am
Dear Traderathome

cristal clear explanations , be sure that im convinced that SM is really smart and tricky ...
when i look at the open positions at Oanda customers +60% are short , this is the reason i doudted about short ... SM should chase the shorts not the longs ...

Thank's

Landsat
Logic will take you from A to B Imagination will take you anywhere (A.E)
  • #43,248
  • Jan 23, 2013 3:32am Jan 23, 2013 3:32am
Quoting landsat
Dear Traderathome

cristal clear explanations , be sure that im convinced that SM is really smart and tricky ...
when i look at the open positions at Oanda customers +60% are short , this is the reason i doudted about short ... SM should chase the shorts not the longs ...

Thank's

Landsat
Well, don't forget there is a second benefit to the SM bear when it rams prices up to clear out longs. It also hits stops on shorts. So the pump not only lets SM coax in longs so SM can add shorts, it also stops out some existing shorts which creates liquidity for SM to add more shorts. In that way, SM is actually going after both longs (get 'em into the market) and after existing shorts (stop 'em out of the market).

I might suggest that in addition to paying no attention to any market news, not before, during, or afterwards, you might also stop looking at such other "information" as you mentioned. The only thing that tells the truth is the chart. And it is hard enough to ferret out the truth there, without putting a lot of persuasive garbage into the head you are trying to use to do that task with!
  • #43,249
  • Jan 23, 2013 3:35am Jan 23, 2013 3:35am
Dear Traderathome


Thank's a lot , you make my day ..... very sharp explanations , you convinced me ...

Landsat
Logic will take you from A to B Imagination will take you anywhere (A.E)
  • #43,250
  • Jan 23, 2013 3:47am Jan 23, 2013 3:47am
Quoting landsat
Dear Traderathome

cristal clear explanations , be sure that im convinced that SM is really smart and tricky ...
when i look at the open positions at Oanda customers +60% are short , this is the reason i doudted about short ... SM should chase the shorts not the longs ...

Thank's

Landsat
I do not say SM are short or long, but beware with that information from oanda. 60% customer are short do not mean 60% total balance are short. Hope you understand my bad english.
Keep Simple...!
  • #43,251
  • Jan 23, 2013 3:52am Jan 23, 2013 3:52am
Quoting kotlt
I do not say SM are short or long, but beware with that information from oanda. 60% customer are short do not mean 60% total balance are short. Hope you understand my bad english.
yes i undrestand , it means 60% of the open positions by Oanda customers are short positions ... but traderathome is right .... its pure "pollution" .... i take it out from my bookmarks ..... old habits .....

Landsat
Logic will take you from A to B Imagination will take you anywhere (A.E)
  • #43,252
  • Jan 23, 2013 3:53am Jan 23, 2013 3:53am
Quoting sonicdeejay
This weekly..gonna be in red..Thank to the trying to pick bottom and getting emotion....
Holding few running Longs but proper Stops are keyed..will let t mkt decide..


Sonic Rules.

1. Do not Over-trade big during Asian Session.. Most of the best Set Up or Proper trend occur after London Opens.
2. Never add a losing positions aka average your position.



Time to hit the books...

Sonic
I think Next move will be ballistic..

Sonic
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  • #43,253
  • Jan 23, 2013 3:59am Jan 23, 2013 3:59am
EU:

Just look at PA. Since the asian session started, PA has pretty much suggested the bear might be in charge. And as price actually started to drop, it would be natural to assume the bear definately was in charge. And then, as the LS began, what does SM do? SM manipulates price according to the most basic and accepted patterns used in trading, a short pattern of H-L-LH! Why? To get more folks to short, naturally. And then what did SM do?........

Spiked the price! Absolutely killed all those new shorts with tight SLs!

You see, this is a way SM gets more money into the market so it can liquidate that money and have that liquidity to get it's own short orders filled!

And now that SM has completed that bit of thievery, it is holding up the price, coaxing in longs. For every long, SM can short! SM might even work the price higher if SM comes to believe that some longs will need to see price moving up more before they commit. The task is to exhaust longs. Get them all into the market. Get all the shorts that comes from that. Then, wack the price! Pump & Dump!

This is a process, not an event. Sometimes much time is involved. Patience. The next USD high impact release is not until tomorrow.
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  • #43,254
  • Jan 23, 2013 4:12am Jan 23, 2013 4:12am
Quoting traderathome
EU:

Then, wack the price! Pump & Dump!

This is a process, not an event. Sometimes much time is involved. Patience. The next USD high impact release is not until tomorrow.
Best post can tell about the current Market
  • #43,255
  • Jan 23, 2013 4:13am Jan 23, 2013 4:13am
EJ:

Some folks do this with their hand. SM does it manipulating prices.
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  • #43,256
  • Jan 23, 2013 4:23am Jan 23, 2013 4:23am
AJ:

Speaking of YEN pairs, this is back up to R (half number), which might be a good place to be alert for the next short setup if it drops from this resistance area.
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  • #43,257
  • Jan 23, 2013 4:26am Jan 23, 2013 4:26am
AU:

Also shorting fodder if PA falls below pivot...
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  • #43,258
  • Jan 23, 2013 4:43am Jan 23, 2013 4:43am
hello traderathome,

could you tell me what you mean by SM

thanks
  • #43,259
  • Jan 23, 2013 4:56am Jan 23, 2013 4:56am
Quoting traderathome
EJ:

Some folks do this with their hand. SM does it manipulating prices.

Like professor TAH always said.. Pump and Dump...

Well.. let the mkt decides but I hope it continue to go up..

Sonic
  • #43,260
  • Jan 23, 2013 4:59am Jan 23, 2013 4:59am
Quoting sonicdeejay
Like professor TAH always said.. Pump and Dump...

Well.. let the mkt decides but I hope it continue to go up..

Sonic
The two green high volume bars do not align with the two low candle bars. Can make a difference in significance.

Lets see what US SM is up to today. US market is just opened.
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