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Sonic R. System

  • #45,961
  • Edited Apr 10, 2013 12:11am Apr 9, 2013 11:57pm | Edited Apr 10, 2013 12:11am
Quoting francus
download all of them and compare to the last 100 pages. it will be easy im printed this post and pin infront of me. holding shorts from early yesterday. There is just reminder for newbie traders like me to not rush in deal only with expectations. Today i can see it was against dragon, against rules, not valid scouts. My SL at 1.315 not triggered yet. Should we kill totally wrong trades or let it breathe ? {image}
Price Volume Analysis, EU

This is not always crystal clear. In this case I marked a couple of candles, out of the rather non-eventful PA, that suggest the MMs are bulls.

Both are red, bear candles and rather tall ones. When we see such a candle, the next thing we want to pay attention to is if the price subsequently moves down or up. In both of these cases, subsequent PA moved back up and went higher. So, a logical conclusion is the bull MMs drove price down on these two events to add longs at lower prices. That makes them bulls that are seeking to build a long position with the lowest average price possible. It is also logical to conclude that at some point the MMs are going to initiate a MARK UP run in order to make profits on their long positions.

Keep in mind that this is just the Asian session. When the rest of the MMs go to work later, they too might drive prices down to add longs. Their price drives can be substantial. I'd not be surprised if price is driven again below the half number. If it is, and if higher volumes follow, that will be confrimation the MMs are bulls and that a MARK UP run will be coming.
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  • #45,962
  • Apr 10, 2013 12:09am Apr 10, 2013 12:09am
Quoting traderathome
Price Volume Analysis, EU This is not always crystal clear. In this case I marked a couple of candles, out of the rather non-eventful PA, that suggest the MMs are bulls. {image}
Hi TAH,

With messy pictures like that, I often have a problem in recognizing where the increased volume really is... Except of places you've marked, I see also increased volume in highs, i.e. one around 5:40, second around 6:45.. How to discriminate them and pick the more probable conclusion out of the chart?
Thanks,
Art.
  • #45,963
  • Edited 12:49am Apr 10, 2013 12:17am | Edited 12:49am
Quoting artx
Hi TAH, With messy pictures like that, I often have a problem in recognizing where the increased volume really is... Except of places you've marked, I see also increased volume in highs, i.e. one around 5:40, second around 6:45.. How to discriminate them and pick the more probable conclusion out of the chart? Thanks, Art.
Repeat Lesson in Price Volume Analysis

I already talked about this last week in one of my posts, artx. When bull MMs figure the price is too high and they don't want to keep adding at the current and higher levels, their strategy is to drive the price back down and start over. So, naturally you will see PA "top off" here and there. And while the volume in these topping areas might seem high, later on when the bigger picture is seen, it will show that when the MMs drive the price back down and resume buying, their net accumulation over time is a lot more than the volume at the highs. It is just spread out over more time.

Think about it, and go back and find that post of mine.

And it is not a "messy picture." A messy picture is a chart with a lot of crappy indicators on it, defocusing you from price and volume. All that is on my chart is price, Dragon, Trend and volume. And in the case of the aforementioned picture, I added two yellow rectangles to help you focus.

As I write this, the MMs are driving the price back down, so lets see what happens.

Edit (add pic. #2): Ok, you can see the drive down and the high volume that occurred once the price was well on its way down. And now the MMs can continue to add longs for quite some time while the price is lower than from where it started down. Do you see how this will add up to a lot more volume than what looked like high volume at the previous highs? I hope so.
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  • #45,964
  • Apr 10, 2013 12:30am Apr 10, 2013 12:30am
Quoting ramin1234
DmitryFX can you attach your indicators that use in this photo? please help me , it is so great
Quoting balance001
DmitryFX, can you attach your template with OBV. Thanks.
No problem. It is attached.
Attached File(s)
File Type: zip SonicR(black)+obv.zip   7 KB | 662 downloads
Everything is possible!!! Step by Step...
  • #45,965
  • Apr 10, 2013 12:32am Apr 10, 2013 12:32am
Quoting traderathome
I already talked about this last week in one of my posts, artx. When bull MMs figure the price is too high and they don't want to keep adding at the current and higher levels, their strategy is to drive the price back down and start over. So, naturally you will see PA "top off" here and there. And while the volume in these topping areas might seem high, later on when the bigger picture is seen, it will show that when the MMs drive the price back down and resume buying, their net accumulation over time is a lot more than the volume at the highs....
Thanks for patience and explanations. I'm following all your posts, but sometimes I just feel lost. And of course I didn't mean that chart itself is messy, but what is happening with price. I like your clean templates and hope everyone will start using them while posting You are doing really great job!
Cheers and happy pips,
Art.
  • #45,966
  • Apr 10, 2013 1:01am Apr 10, 2013 1:01am
Prof. TAH
Do you think is valid scout Long re entry for GA, considering price pull back, volume and direction of AU and GU ?
Thanks
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  • #45,967
  • Apr 10, 2013 1:02am Apr 10, 2013 1:02am
GU, MMs Bulls or Bears (Price Volume Analysis Lesson)

Over a week you can see clusters of heavy volume (yellow areas). You can see these were all associated with the bull MMs driving price low before a MARK UP run. You can also see that in all this time the price has essentially moved up only about 200 pips! The bull MMs will MARK UP more than that! RWH is a viable target and it is also the target area of the inverted H&S on the Daily chart that has already been many times posted.

I'd say the MMs are strong bulls on GU and more upside is coming.
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  • #45,968
  • Apr 10, 2013 1:03am Apr 10, 2013 1:03am
Quoting traderathome
AJ Short Trade: Added trade #13 earlier, a Scout. {image}
I just wonder if this doesn't worry you?
Perhaps my broker that gives other Volume signals. What broker do you use for your charts TAH?
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  • #45,969
  • Edited 1:46am Apr 10, 2013 1:17am | Edited 1:46am
Quoting hutrader
I just wonder if this doesn't worry you? Perhaps my broker that gives other Volume signals. What broker do you use for your charts TAH? {image}
If the MMs rush the price back to highs it is because that is where they want the price. One can logically deduce therefore the MMs are bears and they want the price back at the highs so they can continue to close longs and open shorts at better prices. I'd be more worried if they rushed the price down instead of up.

Certainly the price could go higher, even if the MMs have turned into bears. How long bear MMs might push the price higher is something that can never be known. And that is an important thing to realize when trading. Here, the MMs rushed the price back up above a whole number. MMs prefer to do their selling (closing longs and opening shorts) above whole numbers. This area might hold as resistance,.....might.

All brokers show different volumes, but it really doesn't matter because they should all show relative changes around the same time for the same reasons.
  • #45,970
  • Apr 10, 2013 1:39am Apr 10, 2013 1:39am
Quoting ebabra
Prof. TAH Do you think is valid scout Long re entry for GA, considering price pull back, volume and direction of AU and GU ? Thanks {image} {image}
I agree if MMs are GU bulls and AU Bears then GA is a good candidate for a long trade. Since yesterday the MMs have managed to keep the price around the whole number, and mostly below today. That could be a sign the MMs are buying, buying to close shorts and buying to open longs. Bull MMs can take the price even lower, however. And with the upcoming LS they might do that. I'd not be in a hurry at this stage of events.
  • #45,971
  • Edited 4:03am Apr 10, 2013 3:42am | Edited 4:03am
Hi TAH,

I´m reading and trying to understand the price volume, what means every coloured candle and so on. And I want to ask you a question using the gbp/nzd as an example.

I attach you 2 images. The first one is the 15m charts and I highlighted every single "pink" candle where the MM's could be pushing the price down to add longs later on. My question is: Do you think my argument could be right? Price being pushed down to add longs later on. In the second image I attach the 1h chart where I could see a potential long entry.

As I said, I´m trying to understand all the volume topic. I´m sure that I'm not the only one here because I know it's a complex topic to understand and to implement in our trading operations. It would be nice as well if you can write about what means every colour in the VSA. I know you did long time ago but maybe a "reminder for dummies" would be nice.

Thank you in advance

PS: Could you share the indicator to show in the graph the entry points, average between them, TP, etc? I'd love to have it
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To fail is just an opportunity to learn
  • #45,972
  • Apr 10, 2013 4:22am Apr 10, 2013 4:22am
I've been a follower of this thread from the beginning, but I really didn't understand
what was driving the PA until someone posted the link to this book. I learned
quickly that my thinking had been upside down, and that thinking was the main
reason I was always "chasing the price."

For anyone that would like to have a better understanding of the effects of
volume, many of their questions could be answered by taking the time to read the
book. TAH has made it pretty clear also, but reading the book helped me to
grasp where he was coming from.

S&R and volume, as they relate to PA will come into focus for anyone that really
wants to learn what makes the market tick (no pun intended)!

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Here's a link to the book:

http://www.tradeguider.com/mtm_251058.pdf
  • #45,973
  • Apr 10, 2013 4:25am Apr 10, 2013 4:25am
Quoting traderathome
If Newbies Figure Themselves Smart Enough to Trade, How Come Many Aren't Smart Enough to Find Post #1 and the Riches Therein? You create your own problems. In your case, you lust after simply downloading some stuff quickly, without knowing anything. I have a suggestion for you. Try using your brain and start with Post #1, read it all and read all of the linked material. By the time you finish doing that very logical and very smart "step #1 homework" all of your current questions will be answered, so will all of the oncoming questions you'll have...
Thank you tah. I will do as you say and come back to you and i hope you will help me with my questons: )
  • #45,974
  • Apr 10, 2013 4:31am Apr 10, 2013 4:31am
Quoting ArtfulDodger
I've been a follower of this thread from the beginning, but I really didn't understand what was driving the PA until someone posted the link to this book. I learned quickly that my thinking had been upside down, and that thinking was the main reason I was always "chasing the price." For anyone that would like to have a better understanding of the effects of volume, many of their questions could be answered by taking the time to read the book. TAH has made it pretty clear also, but reading the book helped me to grasp where he was coming from. S&R...
Got it! Tyvm sir, I'll start it today.
To fail is just an opportunity to learn
  • #45,975
  • Apr 10, 2013 4:47am Apr 10, 2013 4:47am
Can someone tell me what is the difference between these two templates ? On the first template bottom indicators are missing like QQE,CCI? Also what does the green red and blue candles indicate on the first chart ?
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  • #45,976
  • Apr 10, 2013 5:31am Apr 10, 2013 5:31am
Quoting saiftauheed
Can someone tell me what is the difference between these two templates ? On the first template bottom indicators are missing like QQE,CCI? Also what does the green red and blue candles indicate on the first chart ? {image} {image}
The first Template is the updated one, and has get rid of those indicators as improved. Since May 2012 most of the posts and trades are on first one, for color of candles you can read user notes in indicator itself by Meta editor.
  • #45,977
  • Apr 10, 2013 5:36am Apr 10, 2013 5:36am
Quoting ArtfulDodger
I've been a follower of this thread from the beginning, but I really didn't understand what was driving the PA until someone posted the link to this book. I learned quickly that my thinking had been upside down, and that thinking was the main reason I was always "chasing the price." For anyone that would like to have a better understanding of the effects of volume, many of their questions could be answered by taking the time to read the book. TAH has made it pretty clear also, but reading the book helped me to grasp where he was coming from. S&R...
ArtfulDodger, thx for advice! For my happy I found this book translated to my native language
hozyaeva_rynkov.pdf
Everything is possible!!! Step by Step...
  • #45,978
  • Apr 10, 2013 6:29am Apr 10, 2013 6:29am
Quoting DmitryFX
ArtfulDodger, thx for advice! For my happy I found this book translated to my native language hozyaeva_rynkov.pdf
DmitryFX, thanks for the book! Be sure to read!
Greed causes poverty
  • #45,979
  • Apr 10, 2013 7:08am Apr 10, 2013 7:08am
DmitryFX, thanks for the book...finally in Russian.
  • #45,980
  • Apr 10, 2013 7:11am Apr 10, 2013 7:11am
Is it time for the "long awaited" pullback??

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Sonic
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