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Sonic R. System

  • #45,741
  • Apr 4, 2013 9:31pm Apr 4, 2013 9:31pm
c'mon prof. TAH, the new release sonicR PVA and the new template!!!!!
  • #45,742
  • Apr 4, 2013 9:56pm Apr 4, 2013 9:56pm
USD Upcoming Releases: How Will the MMs Move Prices?

This has to be pure speculation at this point, but it is based on PVA. I am looking at AU on the M1 chart and I see that some MM(s) just ran the price down to below the whole number. There is heavy activity in the lower regions of price. We know what it means when MMs manufacture price drives to get prices below whole numbers. That is where they like to add longs. The price seem to be moving back up now, but more of this could follow.

If the MMs were going to respond to the USD releases by pro-USD moves, then this AU price action would not have just happened. No, if anything the MM(s) would have driven prices up to add higher priced shorts! If the MMs are planning to respond with anti-USD moves, then it is totally understandable what the MMs just did. They lowered the price to add longs because they know prices will rise later.

Therefore, it would seem the MMs are laying in wait for the USD releases with the intent that higher prices for AU will follow at some point. Let's see how this works out for AU, and also for EU and GU.

-tah
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  • #45,743
  • Apr 4, 2013 10:07pm Apr 4, 2013 10:07pm
Quoting traderathome
EJ Short Trade: Added to this short trade, a Scout. A whoppin' 548 pips run today,....certainly worth sending out a reinforcement Scout! {image}

Inserted Video



Sending Short Scout Because Price went up too high???



Sonic

P.S Scout should only be sent when there is a good price action candle or possible stopping volume spotted..
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  • #45,744
  • Apr 4, 2013 10:21pm Apr 4, 2013 10:21pm
Quoting luisermers
c'mon prof. TAH, the new release sonicR PVA and the new template!!!!!
An Ounce of Prevention is Worth a Pound of Cure

I appreciate you enthusiasm, luisermers.

Do you see in the attached chart the FFCAL Headline regarding AUD (Sydney, Australia)? As I previously posted, the DST changeover this time of year takes weeks, a month actually from start to finish this time of year to be sure our vLines are drawn properly as NY, then London, and then Sydney (a vLine for the Asian Open is part of the additions in the upgrade) all sequence to DST at different times during a one month period.

Therefore, the field testing is not complete. There is a lot of very complex coding involved behind what you simply see as something that is free and attractive. It will get released when it gets released. Be patient. I don't like sloppy work and I don't like having to make revisions to upgrades soon after they are released. There are a few other items I am wrapping up now also. I am taking my time to try and get it all correct before releasing.

-tah
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  • #45,745
  • Apr 4, 2013 10:41pm Apr 4, 2013 10:41pm
Quoting traderathome
EJ Short Trade: Added to this short trade, a Scout. A whoppin' 548 pips run today,....certainly worth sending out a reinforcement Scout! {image}
Quoting sonicdeejay
http://www.youtube.com/watch?v=Njp8bKpi-vg Sending Short Scout Because Price went up too high??? Sonic P.S Scout should only be sent when there is a good price action candle or possible stopping volume spotted.. {image}
Master, I agree. And it is true that while I waited late into the day to see how high it might go, and if it might start dropping, I did finally enter without any indication either way. My basis for entry was that the exceptionally rapid and high run would qualify any short entry that was near the top at the time as a viable short entry in the eventual bigger picture, even if the MMs continued to hike the price, or if they let it fall and re-hiked it next week.

Yes, the result was the MMs hike the price another 100 pips, and in a matter of hours. Let's be realistic though, 100 pips is nothing the way this pair sometimes moves! It is like EU suddenly moving another 50 pips against a trade. Ouch, but give it another day or several and the trade can be back into nice profits. As for waiting for a good PA candle with confirming volume indicating stopping action, the way this pair is manipulated that first indicative combination might be one that has the price down several hundred pips in a flash. Remember on February 25 this dropped more than 600 pips in six hours. I think I had that in the back of my mind and didn't want to wait for an indicating candle w/volume that might have the price drop 100 pips while I blinked, and so I just decided to go for it.

Master, thank you for your cautionary words. I am not infallible and so I need such reprimands as well as anyone. Thank you. I mean this.

-tah
  • #45,746
  • Apr 4, 2013 11:04pm Apr 4, 2013 11:04pm
EU Long Trade:

Entered as shown. No SL and no TP at this time. My PVA is that MMs are bulls and favoring the lows for adding longs. Since this is M5 and since this is hours before the London session it is very possible the price will be taken lower, but maybe not. If the price is taken sufficiently lower, and if the MMs still appear as bulls, then I might add to this long trade.
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  • #45,747
  • Apr 4, 2013 11:33pm Apr 4, 2013 11:33pm
Quoting traderathome
Master, I agree. And it is true that while I waited late into the day to see how high it might go, and if it might start dropping, I did finally enter without any indication either way. My basis for entry was that the exceptionally rapid and high run would qualify any short entry that was near the top at the time as a viable short entry in the eventual bigger picture, even if the MMs continued to hike the price, or if they let it fall and re-hiked it next week. Yes, the result was the MMs hike the price another 100 pips, and in a matter of hours....


MASTER TAH, PARDON ME ASKING U THAT IF U LOOK OUT THE DAILY CHART OF EJ, UJ AND AJ dont u think price has to up to re-entered in up trend??
  • #45,748
  • Apr 4, 2013 11:35pm Apr 4, 2013 11:35pm
While eating breakfast, got up at two sell. Target - RDL. Classic SonicR setup. Let's see ...
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Greed causes poverty
  • #45,749
  • Edited 11:54pm Apr 4, 2013 11:40pm | Edited 11:54pm
Quoting irfanhashim
MASTER TAH, PARDON ME ASKING U THAT IF U LOOK OUT THE DAILY CHART OF EJ, UJ AND AJ dont u think price has to up to re-entered in up trend??
Well, now "Up" is relative, is it not? How high is "high enough"? Which "up" is the top? I am not so arrogant as to think I can pick 'em! So, I take my chances sometimes that I am in at least the right ball park. At this writing, price has fallen back to my short entry area, so all is well.

-tah
  • #45,750
  • Apr 4, 2013 11:40pm Apr 4, 2013 11:40pm
Quoting well72
While eating breakfast, got up at two sell. Target - RDL. Classic SonicR setup. Let's see ... {image} {image}


dragn is down= tick

trend line down= cross
  • #45,751
  • Apr 4, 2013 11:54pm Apr 4, 2013 11:54pm
Hi guys,

Could you summarize rules for Scout entry? I'm a bit lost in that. As far I see that
- you enter long after rapid down candle with high volume (and other way round of course)
- PA suggests reevrsal
- don't wait for dragon
- see possible stopping volume (how exactly you define it?)
- what else?

My second question is about money management and SL in Scout trades (not classing SonicR). I see that you guys average several trades, but... what if the price will not eventually reverse? Where is the hard SL? You keep adding positions, how do you deal with money management? I see very impressive results of JRissa, but at the same time I've seen drawdown over 50%, used lev ~1:200... one more news, price drop and there will be Margin Call. I know its easy to play that games on microaccount, but on normal account it will be painful (also emotionally...At least I'd freak out in that situation). Could you please comment?

Thanks!
Art.
  • #45,752
  • Apr 5, 2013 12:04am Apr 5, 2013 12:04am
Quoting artx
Hi guys, Could you summarize rules for Scout entry? I'm a bit lost in that. As far I see that - you enter long after rapid down candle with high volume (and other way round of course) - PA suggests reevrsal - don't wait for dragon - see possible stopping volume (how exactly you define it?) - what else? My second question is about money management and SL in Scout trades (not classing SonicR). I see that you guys average several trades, but... what if the price will not eventually reverse? Where is the hard SL? You keep adding positions, how do you...
Already posted this week on both the Scout and SL subjects. You'll have to review this week of posts.
  • #45,753
  • Apr 5, 2013 12:07am Apr 5, 2013 12:07am
Good morning all!
Last day of this trading week ahead and Yen pairs might continue upwards.

Just for heads up! No entries until confirmed Sonic R setup
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I know the secret...
  • #45,754
  • Apr 5, 2013 12:07am Apr 5, 2013 12:07am
Quoting traderathome
Already posted this week on both the Scout and SL subjects. You'll have to review this week of posts. -tah
Ok, sorry, I'm following the thread every day but somehow I've missed that (maybe link that on the 1st page?)
Thanks!
  • #45,755
  • Apr 5, 2013 12:11am Apr 5, 2013 12:11am
Professor TAH, the head and shoulders pattern on AUDCAD might come to play, don't you think?

Just a reminder about earlier spotting this week
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I know the secret...
  • #45,756
  • Apr 5, 2013 12:15am Apr 5, 2013 12:15am
Quoting JRissa
Good morning all! Last day of this trading week ahead and Yen pairs might continue upwards. Just for heads up! No entries until confirmed Sonic R setup {image} {image} {image}
Take note of the volume group previous to the current selloff volume. EJ attached, but same on all YEN pairs. Likely Pump & Dump. Yes, price might get hiked somewhat again, but at this point the MMs might have switched to being bears. Any hike now might be to add shorts. Too early to tell anything for sure, what with the way these pairs are manipulated. Just a different possibility to be aware of.
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  • #45,757
  • Apr 5, 2013 12:24am Apr 5, 2013 12:24am
Quoting JRissa
Professor TAH, the head and shoulders pattern on AUDCAD might come to play, don't you think? Just a reminder about earlier spotting this week {image} {image}
AUDCAD:

This H&S is in play now. I have lost interest due to the high spread and the low day range and last day of week. Might look again next week.
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  • #45,758
  • Apr 5, 2013 12:26am Apr 5, 2013 12:26am
Quoting traderathome
Take note of the volume group previous to the current selloff volume. EJ attached, but same on all YEN pairs. Likely Pump & Dump. Yes, price might get hiked somewhat again, but at this point the MMs might have switched to being bears. Any hike now might be to add shorts. Too early to tell anything for sure, what with the way these pairs are manipulated. Just a different possibility to be aware of. {image}
Fully agree with you. Price has gotten to recent higher timeframe highs, so resistance has been reached.
I'm waiting for this somewhat hiking prices to still happen before any bigger bear moves. This is based on observations how MM's have been doing some while now. To catch stop losses of people who enter the opposide direction too early thinking that the bottom/roof has been reached. isn't it often that there will be false breakout before the real direction confirms.
But as you said, can't be sure for now.
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I know the secret...
  • #45,759
  • Apr 5, 2013 12:29am Apr 5, 2013 12:29am
Quoting traderathome
UCad Comment, Price Volume Analysis: I read the PVA story on M15 as indicating the MMs continue to be bulls. Before the LS yesterday there were two drives down (red volume bars w/candles with long lower wicks) with price immediately coming back up. This was buying, bull MMs driving price down to add longs. Soon after the US Open there was heavy buying by the US MMs also (tall green volume bar followed by red and blue). However, immediately following this the MMs reversed and put on a bear drive which was sustained thru much of the rest of the day....
UCad Comment, Price Volume Analysis (Continued):

Recent couple of increased volume TFs while MMs kept price from rising. Now it is rising. This might be the day......
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  • #45,760
  • Apr 5, 2013 12:32am Apr 5, 2013 12:32am
+650 pips EURJPN, +750 pips GBPJPN. Yesterday. I think it's time to take profit of the bulls. At least on our TF (M15). Maybe I'm wrong. No one can know their appetite)))
Greed causes poverty
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