Sonic R. System

Quoting hansma

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Let´s see how this one goes... Regards, H . {image}

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Quoting b0n3less

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{image}{image} seems to have alot of support at the S&R area with volumes

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Quoting hansma

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Thanks Tah, But where do I find this cropping - looked in FF but can´t seem to locate ?. The reason for my blanking out acc no is I lost the save picture as is when I updated my platform to a new build. Thanks. Hans Sorry - Got it now

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Quoting traderathome

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UChf Long Trade: Entered long. Technically, this is a Scout long, but it also can be considered a re-entry to an initial PA waveform now that price has been pulled back down to/below the original EP area by the MMs. From the PVA you can see the high relative volumes previously when the MMs drove the price well below the whole number. Further to the left on the chart you can see two other dips below the whole number that also involved high volumes. This indicates the MMs are bulls and repeatedly seeking lows at which to add longs. Since it is early...

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Quoting traderathome

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GU Break of Trend Line or "Arrive Late for the Date" What your chart shows would be confirming of a move down, yes. However, that won't happen until the MMs are fully loaded up on shorts and ready to push the price down. For me, I'd rather be building shorts where they are, so long as I have sound evidence to feel confident about doing so, before the MARK DOWN run begins. Only price action together with volume, in conjunction with S&R, can provide that sound evidence. No other indicators can. Period. Furthermore, waiting for a TL break is a double...

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Quoting traderathome

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AU Short Trade: Entered short, a Scout based on the sudden drive up ending with highest volume at the highest prices (M1 confirmed). The MMs are more likely bears after the high volume at the closing highs yesterday. This drive up looks like the Asian session MMs turned bears trying to get the same or better highs for themselves to close longs and open shorts, because they did not participate in the closing highs of yesterday. Also, this drive and the closing highs of yesterday are above the RWH mark, making in more likely the rest of the week will be down rather than much further up. Finally, these two high areas are both above a whole number, which is where the MMs prefer to close longs and open shorts. {image}

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Quoting traderathome

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AU Short Trade: Added short trade #2, a Scout. The NY session opened with a pump followed by price falling. Now the MMs have been steadily pushing the price back even higher. I could be wrong about this, but it looks to me like the MMs are starting to sell off, and maybe have been since the various highs yesterday, constantly pumping to new highs followed by closing out longs and opening shorts. It so, it is a process the end of which we can never know. Edit: As I usually do, there is no hard SL set and at this point I do not have a TP in mind. {image}

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Quoting traderathome

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AU Short Trade: Added short trade #3, a Scout. {image}

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Quoting traderathome

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AU Short Trade: Added short trade #4, a Scout, as MMs took price back above RDH. {image}

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Quoting traderathome

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GU Break of Trend Line or "Arrive Late for the Date" (Update) It is so easy to see that the MMs are bears, and continually re-pump price to re-gain better prices to short at. And they are doing as much of this as possible before the price gets to the H1 lower TL. Why? Simple. Once price breaks the lower TL the herd will start shorting, and the MMs will let that take the price down because it will build profits for the MMs without the MMs needing to do anything more! They will already have their positions built at higher prices! -tah {image}

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Quoting traderathome

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GU Break of Trend Line or "Arrive Late for the Date" (Update) It is so easy to see that the MMs are bears, and continually re-pump price to re-gain better prices to short at. And they are doing as much of this as possible before the price gets to the H1 lower TL. Why? Simple. Once price breaks the lower TL the herd will start shorting, and the MMs will let that take the price down because it will build profits for the MMs without the MMs needing to do anything more! They will already have their positions built at higher prices! -tah {image}

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Quoting Afarensis

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What about the inverted dayli H & S ..TP 1.55 is not reached...post#46045 GU Comment: Look at the price volume action yesterday. If this takes off today, what it could do for the remainder of the week might make it the trade of the week. Remember, the often posted inverted H&S on the Day chart is still in play, with a target in the RWH area, 70+ pips above RDH. Attached Image (click to enlarge) {image} SonicR - elegantly simple and effective trading - presented...

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Quoting loeil

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Your chart seems little bit different than mine..you have red climax candle, mine just blue.. {image} {image}

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Quoting traderathome

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Different Price and Volume Bar Colors? Sure. And if you were a serious and diligent Sonicer, reading all posts you missed since last logged in, you would know why because this has been explained many times, even very recently. -tah

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Quoting fex

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What about this? Bears? {image}

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Quoting loeil

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I have read some posts, where was this question earlier, but it's little strange, that it's caused by broker..but ok, let it be

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Quoting traderathome

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What about the GU Inverted H&S on the Day Chart? What about it? If the MMs switch gears temporarily, you need to also. If they switch back, then the inverted H&S might be back in play. If the MMs switch gears for the longer term and drive the price down far enough, down thru the neckline and continuing, then the formation is no more. You need to figure out if the MMs are bulls or bears, and ride their coattails. What do you want? Since that "Torpedo & Buy" the MMs hiked the price over 100 pips and closed out! Man, you have to stay up with the...

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Quoting walkman

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maybe {image}

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