Attachments: Sonic R. System

Sonic R. System

#44,181
Feb 18, 2013 9:59am Feb 18, 2013 9:59am

sonicdeejay
| Commercial User | Joined Mar 2008 | 9,070 Posts

Quoting traderathome

Disliked

GU:

H1 shows both a bear channel (what the bulls create to excite bears) and a bullish wedge. A bullish break up coming? Note the GBP high impacts this week.....

M15 shows highest volume at low, and in two upthrusts = bullish.

Ignored

Look out/wait for the mkt test back the low with lower vol..
After that, when it swing upwards, it will give u better entry with more possibility..

Sonic

#44,182
Edited 10:46am Feb 18, 2013 10:09am | Edited 10:46am

traderathome
Joined Mar 2008 | Status: PVSRA with Traderathome | 23,552 Posts

Quoting sonicdeejay

Disliked

Look out/wait for the mkt test back the low with lower vol..
After that, when it swing upwards, it will give u better entry with more possibility..

Sonic

Ignored

EU: The only credible sign I see is that after Draghy speaks anymore, the MMs don't ram the EU higher, like they used to on any excuse or even if they had no excuse! I see that as probably the only valid metric anymore. And it is bearish.

(See attached).

GU: The price has been drifted below the whole number, but without any radical trading at all. I take this as a bullish sign since the MMs prefer to accumulate below whole numbers rather than above them.

No new trading on either. This was just the first day of the week. And I am trying to get more selective.

Attached Image (click to enlarge)

Click to Enlarge

Name: feb 2013 - 226.gif
Size: 29 KB

#44,183
Edited 11:40am Feb 18, 2013 11:11am | Edited 11:40am

traderathome
Joined Mar 2008 | Status: PVSRA with Traderathome | 23,552 Posts

GU Comment:

I consider this a sign the MMs are bullish. Soon as the LS ends, in an environment of suddenly no competition, the US MMs start running the price down. There is only one reason for this. They are not selling in such an environment. That would be stupid, because it quickly lowers the price at a time when the MMs would want as much profit as possible. No, this is buying! The MMs are driving the price down on what is called a liquidity creation move. They are intentionally moving price lower to trigger pending short orders and to trigger pending SL orders on longs, both of which create liquidity for the MMs to get long orders filled.

And don't let small volume bars fool you! Forex volume is only the number of trades on your broker's server. It is not a reflection of how big each of those trades are, nor how much total currency is transacted market-wide during the event of which your broker only was one participant!

Now this is speculative. On Wednesday there will be GBP high impact releases. The MMs might be loading up longs over the next two days ahead of those releases, with the intent on ramming prices up afterwards. In other words, the MMs are in the Accumulation mode and plan on an upcoming Mark-up phase once those releases are out. There may be more up/down liquidity creation moves, and bigger ones at that! Very speculative. Just don't forget the bullish Bear Channel and the bullish wedge formation on H1 (2nd pic.).

If the MMs can manage to hit the low 1.543x area or below, I intend to add to my long trade.

The floor is open for comments on this analysis.

-tah

Attached Image(s) (click to enlarge)

Click to Enlarge

Name: feb 2013 - 230.gif
Size: 37 KB

Click to Enlarge

Name: feb 2013 - 229.gif
Size: 30 KB

#44,184
Feb 18, 2013 1:38pm Feb 18, 2013 1:38pm

irfanhashim
| Joined Feb 2013 | Status: IRFAN HASHIM | 107 Posts

AUDUSDm is it time to go shrt?

if not then y

Attached Image (click to enlarge)

Click to Enlarge

Name: aus.gif
Size: 20 KB

#44,185
Edited 4:00pm Feb 18, 2013 3:44pm | Edited 4:00pm

traderathome
Joined Mar 2008 | Status: PVSRA with Traderathome | 23,552 Posts

Quoting irfanhashim

Disliked

AUDUSDm is it time to go shrt?

if not then y

Ignored

If you were using the latest released indys and templates you would know one reason why not to enter a trade is due to the time of day. You lack the vLines so important to showing on a posted chart where you are at time of entry. It helps others quickly see the "when" about which you are asking. I strongly suggest you go back to post #1 and get the latest TAH indys and templates if you are going to ask others to comment to you.

You might also know not to jump in short, but you lack the volume indicator, showing instead the old, outdated CCI, QQE, etc. instead of what we currently use. Anyway, lots of volume at lows after gap-down open of week, which might be MMs building long, especially since then the Dragon ahd been on the incline.

Anyway, the overall wave pattern seems more bullish than bearish. Right now the Dragon is flat, so it is difficult to know if the pop up is the start of a good move, or if PA will settle down again until next LS.

Gee, I don't know how you can be reading current posts, and see what Sonic himself is using, and then go back and download what is outdated!

-tah

Attached Image (click to enlarge)

Click to Enlarge

Name: feb 2013 - 231.gif
Size: 30 KB

#44,186
Feb 18, 2013 4:05pm Feb 18, 2013 4:05pm

irfanhashim
| Joined Feb 2013 | Status: IRFAN HASHIM | 107 Posts

Quoting traderathome

Disliked

If you were using the latest released indys and templates you would know one reason why not to enter a trade is due to the time of day. You lack the vLines so important to showing on a posted chart where you are at time of entry. It helps others quickly see the "when" about which you are asking. I strongly suggest you go back to post #1 and get the latest TAH indys and templates if you are going to ask others to comment to you.

You might also know not to jump in short, but you lack the volume indicator, showing instead the old, outdated CCI,...

Ignored

thanks for correcting me i just join the thread , i have downloaded the new indy and templ... i will go through every info so far and catch you guys soon... thanks

and can you please tell me how can i adjust the clock bar to my GMT+5 time in TAH templates . thanks and very very sorry to bother you...

#44,187
Feb 18, 2013 4:37pm Feb 18, 2013 4:37pm

traderathome
Joined Mar 2008 | Status: PVSRA with Traderathome | 23,552 Posts

Quoting irfanhashim

Disliked

thanks for correcting me i just join the thread , i have downloaded the new indy and templ... i will go through every info so far and catch you guys soon... thanks

and can you please tell me how can i adjust the clock bar to my GMT+5 time in TAH templates . thanks and very very sorry to bother you...

Ignored

It is all explained in the user notes of the Control Panel indicator compile.

#44,188
Feb 18, 2013 6:42pm Feb 18, 2013 6:42pm

sonicdeejay
| Commercial User | Joined Mar 2008 | 9,070 Posts

Professor TAH,

GU is in big range lately with downward bias, seeing some possible accumulation volume at the lows.
But, there is no proper bullish wave in sight yet..( it may appear in Tuesday or Wednesday)

I would like to see bear re test to 1.545x lvl with small voulme...first...

Sonic

Attached Image (click to enlarge)

Click to Enlarge

Name: 2013-02-19_08-35-35776551127.png
Size: 108 KB

#44,189
Feb 18, 2013 7:18pm Feb 18, 2013 7:18pm

SCopier
Joined Sep 2012 | Status: Trader | 953 Posts

EJ: Entered SELL, my TP still open

Attached Image (click to enlarge)

Click to Enlarge

Name: ej.gif
Size: 34 KB

#44,190
Feb 18, 2013 10:26pm Feb 18, 2013 10:26pm

SCopier
Joined Sep 2012 | Status: Trader | 953 Posts

Quoting SCopier

Disliked

EJ: Entered SELL, my TP still open

Attachment

Ignored

I hate when this is happend

Attached Image (click to enlarge)

Click to Enlarge

Name: ej1.gif
Size: 35 KB

#44,191
Feb 18, 2013 10:47pm Feb 18, 2013 10:47pm

Robot Trader
Joined Jun 2012 | Status: Trader | 1,106 Posts

Quoting SCopier

Disliked

I hate when this is happend

Ignored

Its playing around the 125 round number if it can break and hold below, then I see it testing 124 again

Some people say I'm lucky, but the more I practice the luckier I get

#44,192
Feb 18, 2013 10:54pm Feb 18, 2013 10:54pm

SCopier
Joined Sep 2012 | Status: Trader | 953 Posts

Quoting Robot Trader

Disliked

Its playing around the 125 round number if it can break and hold below, then I see it testing 124 again

Ignored

Yes, I think high news impact

#44,193
Feb 18, 2013 10:54pm Feb 18, 2013 10:54pm

MtDarkness
| Joined Feb 2012 | Status: Resident know-it-all | 114 Posts

Quoting SCopier

Disliked

EJ: Entered SELL, my TP still open

Attachment

Ignored

Sonic R signals during the Asian session often lead to price going nowhere, or even worse, the trend reversing altogether. Now you know why we wait till the LS to trade. It doesn't look like a reversal yet though. Personally, I would hold until LS to see if price does reverse. Then again, I would've waited to enter in the first place. I think you are on the right side of the market, but timing is crucial.

Currency is a joke. And that's precisely why I trade it.

#44,194
Feb 18, 2013 11:00pm Feb 18, 2013 11:00pm

SCopier
Joined Sep 2012 | Status: Trader | 953 Posts

Quoting MtDarkness

Disliked

Sonic R signals during the Asian session often lead to price going nowhere, or even worse, the trend reversing altogether. Now you know why we wait till the LS to trade. It doesn't look like a reversal yet though. Personally, I would hold until LS to see if price does reverse. Then again, I would've waited to enter in the first place. I think you are on the right side of the market, but timing is crucial.

Ignored