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Sonic R. System

  • #46,021
  • Apr 10, 2013 12:34pm Apr 10, 2013 12:34pm
USD/CHF Long - M15

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Type: Classic
Dragon: Facing Upward
Wave: Yes , Leg 1 , 2 , 3 cut through Dragon
Trend: Yes , Below Price Action & Heading Below Dragon
Volume: Not sure


SL: Below the LOW
TP: Unknown - Prefer 100 pips at least for profit
Trading is something special.
  • #46,022
  • Apr 10, 2013 12:37pm Apr 10, 2013 12:37pm
Posted elsewhere....My take on today is that again sellers have been active - this time around the old S&R level at 1.3110, with the two high volumed candles at 2, the actual high being in the red doji.

Then the red, high volume wider ranged semi marubozo held at the 38% retrace (DZ on my fib) This was followed by the highest volume of the day at 3 in a green doji - some more indicision and buyers otherwise it would have continued to fall.

Now Europe is closed and the US are at lunch, so the continued fall is on lower volume suggesting to me a test of the 50% retrace or that 3038 area - IMO a nice place to pick up some longs for another attempt on todays highs. Now its time far a beer!
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Trading Levels with WRBs
  • #46,023
  • Edited 1:09pm Apr 10, 2013 12:55pm | Edited 1:09pm
Quoting Islander
Posted elsewhere....My take on today is that again sellers have been active - this time around the old S&R level at 1.3110, with the two high volumed candles at 2, the actual high being in the red doji. Then the red, high volume wider ranged semi marubozo held at the 38% retrace (DZ on my fib) This was followed by the highest volume of the day at 3 in a green doji - some more indicision and buyers otherwise it would have continued to fall. Now Europe is closed and the US are at lunch, so the continued fall is on lower volume suggesting to me...
EU, MMs Bulls or Bears?

Here is my take on the price action on H1. Today the MMs drove the price up, this time above the next higher whole number. That TF candle and all of those that followed for five more hours all struck back above this whole number. This overwhelmingly suggests the MMs are bears and repeatedly attempted successfully to attain prices above the whole number to close their longs and open their shorts.

The price has since dropped and that drop includes the highest volume TF of the entire day (by my broker volume), which also indicates a strong selloff from the highs, even after all the activity at the highs!

Does all this mean the MMs won't attempt to drive the price back up again to add more shorts? No, but with all that price action above the whole number today, and with the strong volume selloff from that area, I'd not count on that area being revisited, though it could be. Anything can happen, as we well know.

I already have a Classic Sonic R. short just recently opened on EU. If the MMs do drive the price back up sufficiently (especially if back above the whole number), I'll simply add a Scout short to the trade.
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  • #46,024
  • Edited 2:49pm Apr 10, 2013 2:04pm | Edited 2:49pm
New Releases

Sonic,

That "talaia" person continues to lurk around, and I believe is looking to obtain the new releases in order to claim our work as his own, and to try and make money off of it.

Under these circumstances, I am considering only releasing the .ex4 files in an attempt to thwart this person, and any other dishonest folks.

As you know, I have always insisted on my own works being "open coding" because I have been privileged by the open coding works of others to help me advance in my own attempts to freely provide useful tools to others. I do not like it that dishonest, low life people will do what "talaia" has done, and may be trying to do again,....claiming as his own and attempting to sell to others, what we freely provide here on the Sonic R. System thread. So, I'd appreciate your thoughts on this.

Another option would be for Sonicers to email me individually for the new release. I'd have to assess each request based on the individual's participation on the thread. This also is not something I'd like to have to resort to doing, but it is an option that could futher inhibit even the .ex4 files from getting into the hands of such dishonest, low life people.

Or, I could release as I always have, and let God deal with the evil ones. He is the perfect one for the job, and it would save me from the unrighteous role of activist.

-tah
  • #46,025
  • Apr 10, 2013 2:17pm Apr 10, 2013 2:17pm
Another Lesson in Price Volume Analysis

Are the MMs bulls or bears on GU? Take a look at this M1 chart and decide.
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  • #46,026
  • Apr 10, 2013 2:25pm Apr 10, 2013 2:25pm
Quoting traderathome
New Releases Sonic, That "talaia" person continues to lurk around, and I believe is looking to obtain the new releases in order to claim our work as his own, and to try and make money off of it. Under these circumstances, I am considering only releasing the .ex4 files in an attempt to thwart this person, and any other dishonest folks. As you know, I have always insisted on my own works being "open coding" because I have been privileged by the open coding works of others to help me advance in my own attempts to freely provide useful tools to...
Personally I understand all your concerns. It's so sad that your work, that you make for free to help other traders, is being stolen. So I agree with you and I think you should only release the .ex4 file, at least for now. The guys here will appreciate it a lot and as we are here in this thread all the time, if anyone has a suggestion to improve it or to modify it, he could easily write it here.
To fail is just an opportunity to learn
  • #46,027
  • Apr 10, 2013 2:56pm Apr 10, 2013 2:56pm
Quoting Tymedu
Personally I understand all your concerns. It's so sad that your work, that you make for free to help other traders, is being stolen. So I agree with you and I think you should only release the .ex4 file, at least for now. The guys here will appreciate it a lot and as we are here in this thread all the time, if anyone has a suggestion to improve it or to modify it, he could easily write it here.
I continue to be impressed by the quality and dedication shown by both TAH and Sonic, making this one of the most important threads in FF and I agree with Tymedu's comments and about releasing your new work as an .ex4 file.

PS I'll be interested to see €s action in tomorrow's European / US session.....
Trading Levels with WRBs
  • #46,028
  • Apr 10, 2013 3:05pm Apr 10, 2013 3:05pm
Quoting traderathome
EU, MMs Bulls or Bears? Here is my take on the price action on H1. Today the MMs drove the price up, this time above the next higher whole number. That TF candle and all of those that followed for five more hours all struck back above this whole number. This overwhelmingly suggests the MMs are bears and repeatedly attempted successfully to attain prices above the whole number to close their longs and open their shorts. The price has since dropped and that drop includes the highest volume TF of the entire day (by my broker volume), which also indicates...
It might just be that this bullish pa that has been going on on EU has just made second shoulder upwards complete. I think H/S formation should fit nicely here...

Just a though...
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I know the secret...
  • #46,029
  • Apr 10, 2013 3:34pm Apr 10, 2013 3:34pm
Quoting JRissa
It might just be that this bullish pa that has been going on on EU has just made second shoulder upwards complete. I think H/S formation should fit nicely here... Just a though... {image}
EU Potential H&S on Weekly

Could this happen? Price has lots to drop just to get to breaking down thru the neckline, required in order to qualify the H&S. By that time, there will be rioting in the streets of europe! By the time the price drops to complete the H&S, all of the super-rich will either have escaped europe, or will have been imprisoned for life with their estates repatriated to the governments.

Well, not really (I don't think.....), but things could sure get messy.
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  • #46,030
  • Apr 10, 2013 3:40pm Apr 10, 2013 3:40pm
Quoting traderathome
I am considering only releasing the .ex4 files in an attempt to thwart this person, and any other dishonest folks.
TAH,

Would it be possible to post the .ex4 and then if a person wants the complete set to email / PM you?
It would probably cut back on the volume of your inbox?

Just an idea.

Thank you,
PH
  • #46,031
  • Apr 10, 2013 3:44pm Apr 10, 2013 3:44pm
Quoting traderathome
Another Lesson in Price Volume Analysis Are the MMs bulls or bears on GU? Take a look at this M1 chart and decide. {image}
Another Lesson in Price Volume Analysis (Continued)

Look how it is turning out! So, are the MMs bulls or bears on GU?
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  • #46,032
  • Apr 10, 2013 4:12pm Apr 10, 2013 4:12pm
EG Short Trade:

Entered short, a re-entry/Scout as MMs push price back up to/into/thru Dragon, with highest volumes at the highs (M1 confirmed). No SL, no TP at this time.
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  • #46,033
  • Apr 10, 2013 4:15pm Apr 10, 2013 4:15pm
For tah :-

I think the whole world knows who is " tah" and dont knw "?t?l?i?a" who is this guy ?? he maybe steel and sell your system but to the follish who cant surf the internet and those ppl you absolutley dont need .
Wave-Setup
  • #46,034
  • Edited 4:37pm Apr 10, 2013 4:22pm | Edited 4:37pm
AU, MMs Bulls or Bears?....Another Price Volume Analysis Lesson

If one learns anything after years of trading it is this,.......buy low, sell high. Relatively speaking, that is a lot of trading within a very tight candle spread, and the MMs intentionally pushed the price up there to do that trading. That raises their average price for the position they are building. So, are they raising the average price of a long position, or a short position? You decide.

Edit: MMs just did it again (2nd pic.). Have you decided?

Edit: MMs did it again (3rd pic.)! Have you decided yet? If not, let me suggest that you might want to give up trading.
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  • #46,035
  • Apr 10, 2013 4:57pm Apr 10, 2013 4:57pm
GU Comment:

Continues to look like it could break up at any time. Keep in mind that the MMs racked up high volume when they briefly took it below the whole number. Below whole numbers is where MMs prefer to buy.
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  • #46,036
  • Apr 10, 2013 5:05pm Apr 10, 2013 5:05pm
Quoting enigma4x
my point of view ;-) {image} http://www.youtube.com/watch?v=EYykaoKt6Ck enigma4x the original p.s. sonic r ea v1.0 coming soon after 6 month of live test .... at the time some issues with the ttfix bridge ... ofc free like sonic philosophy !!! cant wait to see the face from the professor ...
Looking forward to the ea, sir. Hopefully I can help improve it.
:-D
Know News/time; WAIT for Edge Entries, MPLC Normalization, Exits & TP's..
  • #46,037
  • Apr 10, 2013 5:28pm Apr 10, 2013 5:28pm
NZDUSD...news is coming
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  • #46,038
  • Apr 10, 2013 7:01pm Apr 10, 2013 7:01pm
UCad Comment:

Some MM figured this to be near enough to whatever expected lows might follow, to dig into pockets and buy.
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  • #46,039
  • Edited 8:10pm Apr 10, 2013 7:40pm | Edited 8:10pm
Quoting traderathome
The YEN Sting (and the Banks Stink) Maybe. Maybe the bank's "decision statement" and maybe the opinion of "analysts" and other "talking heads" can magically weaken the YEN, but I seriously doubt that. So, let's be fair and look at the other side of the coin. When central banks speak, folks listen up. So, when appropriate "talking heads" proclaim the YEN must get weaker as part of improving an economy, well, folks believe and think the YEN will weaken. And as it does, as it has, folks are reassured that the banks have things well in-hand,...
The YEN Sting (and the Banks Stink)

BOJ's Kuroda says FX rates not a target of monetary policy,...BOJ won’t change monetary policty based on fx moves. "Have done what’s necessary for now"........!!!!!!!!!!

See! Now that the banks and super-rich have loaded up long the YEN while every other Tom, Dick and Harry was suckered into trading against the YEN, the "Talking Head" for these thieves is letting everyone know that the YEN is not, repeat not going to be intentionally kept low relative to other currencies!

Ops!

Gee, folks. Better start buying the YEN. I'm sure the super-rich and banks won't mind. They've been cornering the market while driving YEN pairs up, loading up on shorts while everyone else was going long! So they are heavily invested in the YEN. So everbody, now is the time to start buying the YEN, and create demand for the YEN, and make fortunes for these thieves that have bagged up most of the country's coin already into their own accounts. Watch their accounts grow, their original plan coming to fruition.

............Told cha!
  • #46,040
  • Apr 10, 2013 8:00pm Apr 10, 2013 8:00pm
UJ Short Trade:

Entered short trade #1, a Classic Sonic R. short. No SL, no TP at this time. I half expect MMs later today to drive this back higher. If they do so sufficiently then I might add a Scout short to this trade.
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