EURJPY - short (I was a bit late..)
1. Wave - ok
2. Timing - ok
3. Dragon - ~ok
4. Volumes (?)
comments welcome
Art.
1. Wave - ok
2. Timing - ok
3. Dragon - ~ok
4. Volumes (?)
comments welcome
Art.
- #45,082
- Mar 21, 2013 4:02am Mar 21, 2013 4:02am
- Joined Jan 2013 | Status: Trader | 1,107 Posts
How low will it go?
Lets see
Lets see
I know the secret...
Just a quick "pat on the back" for sonicdeejay and traderathome.
Both of you should feel very proud for what you have accomplished
(and continue to accomplish) with your Sonic R. System. It is
clearly evident that you must have done something very right as
the thread has far surpassed the majority of the threads on FF,
with more views and replies than them all, and in a relatively short
period of time. Kudos to you both!
Sonic R. System has even surpassed what was once the premier thread
(THV System) in views and replies, and that is quite a feat! I followed
THV for years, but it began to morph a little too much for my liking.
Sonic R. System has stayed true to its initial goal, thanks mainly to
traderathome and his Herculean efforts. He took sonicdeejay's vision,
and brought it into clearer focus with the amazing templates he provides
for us all to use - for free! It's somewhat a shame that everyone doesn't
use the templates, as they make it easier to stick to the Sonic R. rules.
It would be nice to see a day when everyone posts their trades using the
same template, as it makes it so much easier to grasp what they did.
I know that's a pipe dream, as everyone has different tastes and
opinions, but it certainly would be more effective in learning the system.
Be that what it may, my hat goes off to both of you for everything you
have done for us.
Thanks!
Both of you should feel very proud for what you have accomplished
(and continue to accomplish) with your Sonic R. System. It is
clearly evident that you must have done something very right as
the thread has far surpassed the majority of the threads on FF,
with more views and replies than them all, and in a relatively short
period of time. Kudos to you both!
Sonic R. System has even surpassed what was once the premier thread
(THV System) in views and replies, and that is quite a feat! I followed
THV for years, but it began to morph a little too much for my liking.
Sonic R. System has stayed true to its initial goal, thanks mainly to
traderathome and his Herculean efforts. He took sonicdeejay's vision,
and brought it into clearer focus with the amazing templates he provides
for us all to use - for free! It's somewhat a shame that everyone doesn't
use the templates, as they make it easier to stick to the Sonic R. rules.
It would be nice to see a day when everyone posts their trades using the
same template, as it makes it so much easier to grasp what they did.
I know that's a pipe dream, as everyone has different tastes and
opinions, but it certainly would be more effective in learning the system.
Be that what it may, my hat goes off to both of you for everything you
have done for us.
Thanks!
- #45,085
- Edited 5:51am Mar 21, 2013 5:08am | Edited 5:51am
- Joined Mar 2008 | Status: PVSRA with Traderathome | 23,552 Posts
Thank you TAH for your good explanation.
Its bull?
The price was pushed down (red VSA candles) and after each significant low we see MM's are quiting shorts/entering longs (green VSA candles)
Am i right?
So, at some time....eventually (the timiing which we cannot predict)....the MMs will get around to the Mark Up to start making the profits on all the long positions they manipulated the price so dearly to obtain. By the looks of the current M15, this process has now started.
-tah
- #45,087
- Edited 5:53am Mar 21, 2013 5:16am | Edited 5:53am
- Joined Mar 2008 | Status: PVSRA with Traderathome | 23,552 Posts
- #45,088
- Mar 21, 2013 5:23am Mar 21, 2013 5:23am
- Joined Jan 2013 | Status: Trader | 1,107 Posts
I know the secret...
- #45,089
- Mar 21, 2013 5:28am Mar 21, 2013 5:28am
- Joined Mar 2008 | Status: PVSRA with Traderathome | 23,552 Posts
Just a quick "pat on the back" for sonicdeejay and traderathome.
Both of you should feel very proud for what you have accomplished
(and continue to accomplish) with your Sonic R. System. It is
clearly evident that you must have done something very right as
the thread has far surpassed the majority of the threads on FF,
with more views and replies than them all, and in a relatively short
period of time. Kudos to you both!
Sonic R. System has even surpassed what was once the premier thread
(THV System) in views and replies, and that is quite...
As Sonicdeejay first stated, "....sharing is caring...", and those that share openly and freely, which speakes to the character of Sonic and of his thread, have little to reward them other than the to see others become less victimized by the market, and to know that they realize and appreciate the value of what has been freely given to them.
And you, ArtfulDodger, by taking the time to put to words those thoughts which you have, clearly made my day! And when Master Sonicdeejay reads your post I am sure he will feel as you have made me feel.
Thank you,
-tah
- #45,091
- Mar 21, 2013 6:06am Mar 21, 2013 6:06am
- Joined Mar 2008 | Status: PVSRA with Traderathome | 23,552 Posts
One question Professor TAH.
Would You consider this as stopping volume for EU? Or is there something I'm missing with volume analysis?
There are MMs, not an MM. Each bear MM might put on a show of it's own, hiking price to try and get more shorts at higher prices. We are likely to see more of this, all adding up to initially slow downwards progress. It is a matter of if the MMs remain bears, or not. Seeing as how this is still in its range, and seeing as how the ensuing drop over time can be so profitable, it stands to reason the bear MMs will continually put on bullish PA moves in order to build larger for the drop.
Greed at work. They aren't going thru all these shenanegan over many days just for a few pips! And therefore, you do not want to get suckered into closing on some Bear MMs bullish PA manipulation (unless you are trading in and out on M1). That is, if I have this read correctly,....that the MMs are Greedy!
-tah
- #45,092
- Mar 21, 2013 6:17am Mar 21, 2013 6:17am
- Joined Mar 2008 | Status: PVSRA with Traderathome | 23,552 Posts
UCad Comment:
MMs have taken the price right back down to one of their recent favorite areas to build long (H1 chart). Higher trading levels now start to appear (M1). In about an hour there are CAD and USD releases. Without gobs of fancy indicators making complex computations from price, you have all the information needed. Bull or bear?
-tah
MMs have taken the price right back down to one of their recent favorite areas to build long (H1 chart). Higher trading levels now start to appear (M1). In about an hour there are CAD and USD releases. Without gobs of fancy indicators making complex computations from price, you have all the information needed. Bull or bear?
-tah
- #45,093
- Mar 21, 2013 6:22am Mar 21, 2013 6:22am
- | Joined Nov 2011 | Status: the probability trader | 1,110 Posts
UCad Comment:
MMs have taken the price right back down to one of their recent favorite areas to build long (H1 chart). Higher trading levels now start to appear (M1). In about an hour there are both CAD and USD releases. Without gobs of fancy indicators and technical computations, you have all the information needed. Bull or bear?
Everything is possible!!! Step by Step...
- #45,095
- Mar 21, 2013 6:38am Mar 21, 2013 6:38am
- Joined Mar 2008 | Status: PVSRA with Traderathome | 23,552 Posts
UCad Comment:
MMs have taken the price right back down to one of their recent favorite areas to build long (H1 chart). Higher trading levels now start to appear (M1). In about an hour there are CAD and USD releases. Without gobs of fancy indicators making complex computations from price, you have all the information needed. Bull or bear?
I shorted UCd @ 1.023
You see, there is a procedure to all of this (if you have been reading):
1. Find one or more situations that reveal the MMs are bulls or bears.
2. Don't be surprised it price continues to move opposite and showing more examples.
3. Don't trade on volume alone, use the information by waiting for the next appropriate setup.
And, your trade was based on ..........? Somebody used to post, "WHO CARES!" What I see is you took a valid short trade (opposite what the MMs are in the bigger picture, but that is quite ok!), but entered too late.
-tah
- #45,097
- Mar 21, 2013 6:44am Mar 21, 2013 6:44am
- Joined Jan 2013 | Status: Trader | 1,107 Posts
UJ trades closed. TP reached!
I know the secret...
- #45,098
- Edited 6:59am Mar 21, 2013 6:46am | Edited 6:59am
- Joined Mar 2008 | Status: PVSRA with Traderathome | 23,552 Posts
GU possible topping out??
Sonic
-tah
- #45,100
- Mar 21, 2013 6:56am Mar 21, 2013 6:56am
- Joined Jan 2013 | Status: Trader | 1,107 Posts
I know the secret...