Sonic R. System | Page 2310 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Sonic R.evolution 95 replies

The System Behind the System, by Merlin Jeffries 16 replies

Old School Sonic System + Other Things 11 replies

Knife system, Vegas 4h system related questions. 4 replies

Would you trade this system? New system #2. 10 replies

Attachments: Sonic R. System
Exit Attachments

Sonic R. System

  • #46,181
  • Apr 12, 2013 2:51pm Apr 12, 2013 2:51pm
Quoting JRissa
Alright, thanks for comments! Need more practice with volumes {image}
EJ, MMs Bulls or Bears?

The MMs are bears, and by manipulating the price to constantly pullback a bit, they are able to get a lot more shorts on the books without the price dropping too fast. Keep in mind this is very late on a Friday, so the MMs have practically no resistance to their price manipulations and they have no competition for whatever liquidity remains in the market.

They might suck up all the liquidity the market has right down to the lower whole number in their quest to build a short position. Nothing can stop them from doing it. Later, or next week they can run the price right back up and start over again, averaging out a huge position at a very reasonable price. And, it also suggests they anticipate such a follow-on MARK DOWN that they don't need to be so concerned with shorting anywhere in today's price range.

-tah
Attached Image (click to enlarge)
Click to Enlarge Name: apr 2013 - 111.png Size: 34 KB
  • #46,182
  • Apr 12, 2013 2:57pm Apr 12, 2013 2:57pm
EU Manipulation??? short in MR1....
  • #46,183
  • Apr 12, 2013 3:03pm Apr 12, 2013 3:03pm
or

Classic Buy Setup (sonic) or
Attached Image (click to enlarge)
Click to Enlarge Name: ScreenHunter_01 Apr. 12 15.00.gif Size: 49 KB
  • #46,184
  • Apr 12, 2013 3:06pm Apr 12, 2013 3:06pm
Quoting traderathome
EJ, MMs Bulls or Bears? The MMs are bears, and by manipulating the price to constantly pullback a bit, they are able to get a lot more shorts on the books without the price dropping too fast. Keep in mind this is very late on a Friday, so the MMs have practically no resistance to their price manipulations and they have no competition for whatever liquidity remains in the market. They might suck up all the liquidity the market has right down to the lower whole number in their quest to build a short position. Nothing can stop them from doing it. Later,...
The thing here, thats confusing me, is that if both EU and EJ MM's are building short positions right now, why is that I'm seeing high volumes on different sides? Volumes grow bigger and bigger on EU and price is moving up. At the same time on EJ, volumes grow bigger and price is getting lower?

You have teached very well this volume analysis, but still I have some confusion here. Really admire your skills reading the market
Attached Image (click to enlarge)
Click to Enlarge Name: image.jpg Size: 160 KB
I know the secret...
  • #46,185
  • Apr 12, 2013 3:10pm Apr 12, 2013 3:10pm
Quoting Afarensis
EU Manipulation??? short in MR1....
Quoting Afarensis
or Classic Buy Setup (sonic) or {image}
EU, MMs Bulls or Bears?

Come on, the chart is telling you! Which is it? This is very clear!

You tell me, bulls or bears, and why.

-tah
Attached Image (click to enlarge)
Click to Enlarge Name: apr 2013 - 112.png Size: 29 KB
  • #46,186
  • Apr 12, 2013 3:18pm Apr 12, 2013 3:18pm
Quoting traderathome
EU, MMs Bulls or Bears? Come on, the chart is telling you! Which is it? This is very clear! You tell me, bulls or bears, and why. -tah {image}
for me is a clear short..but i am waiting hit MR1 o trend line
Attached Image (click to enlarge)
Click to Enlarge Name: ScreenHunter_02 Apr. 12 15.18.gif Size: 50 KB
  • #46,187
  • Apr 12, 2013 3:18pm Apr 12, 2013 3:18pm
Quoting traderathome
EU, MMs Bulls or Bears? Come on, the chart is telling you! Which is it? This is very clear! You tell me, bulls or bears, and why. -tah {image}
Highest volumes on highs, price just above full number. I'd say definately bears loading more shorts and taking out weak shorts.

But at the same time, I'm still wondering the EJ case (highest volumes when price got lowest +just below full number)
Attached Image (click to enlarge)
Click to Enlarge Name: image.jpg Size: 160 KB
I know the secret...
  • #46,188
  • Apr 12, 2013 3:21pm Apr 12, 2013 3:21pm
i am taking a short here....no more waiting
  • #46,189
  • Apr 12, 2013 3:21pm Apr 12, 2013 3:21pm
Quoting JRissa
The thing here, thats confusing me, is that if both EU and EJ MM's are building short positions right now, why is that I'm seeing high volumes on different sides? Volumes grow bigger and bigger on EU and price is moving up. At the same time on EJ, volumes grow bigger and price is getting lower? You have teached very well this volume analysis, but still I have some confusion here. Really admire your skills reading the market {image}
MMs Bulls or Bears? There is a Clue.

I keep talking about the necessity to analyze price and volume in conjunction with S&R. Is my instruction falling on deaf ears?

EU - MMs hit the upper whole number late in US session and continued to short it down from there until it got too low, at which point the MMs started the drive back up to the whole number. What do MMs like to do above whole numbers?

EJ - Late in US session the MMs sold off, down from above the half number, slowly step by step to get as many shorts as possible, and when price got too low (lower whole number) they rammed it right back up to above the upper half number and had another heavy selloff.

The Clue is S&R,
-tah
Attached Image(s) (click to enlarge)
Click to Enlarge Name: apr 2013 - 112.png Size: 29 KB
Click to Enlarge Name: apr 2013 - 113.png Size: 34 KB
  • #46,190
  • Apr 12, 2013 3:28pm Apr 12, 2013 3:28pm
AU Short Trade:

Entered a new short trade, a Classic re-entry short, based on MMs driving price back up to previous S&R very late in day and with very high volumes recently when the price was driven up to this same area (M1 confirmed). No SL and no TP.
Attached Image (click to enlarge)
Click to Enlarge Name: apr 2013 - 114.png Size: 35 KB
  • #46,191
  • Apr 12, 2013 3:31pm Apr 12, 2013 3:31pm
EJ, MMs Bulls or Bears?

Geez! How obvious can the MMs make this for us to see?

.........Here's the proof!
Attached Image (click to enlarge)
Click to Enlarge Name: apr 2013 - 115.png Size: 34 KB
  • #46,192
  • Apr 12, 2013 3:33pm Apr 12, 2013 3:33pm
Quoting traderathome
MMs Bulls or Bears? There is a Clue. I keep talking about the necessity to analyze price and volume in conjunction with S&R. Is my instruction falling on deaf ears? EU - MMs hit the upper whole number late in US session and continued to short it down from there until it got too low, at which point the MMs started the drive back up to the whole number. What do MMs like to do above whole numbers? EJ - Late in US session the MMs sold off, down from above the half number, slowly step by step to get as many shorts as possible, and when price got too...
Not falling on deaf ears definately! Ears, eyes sucking all what you teach
The S/R here on EJ was here on 4h that I saw with those high volumes at lows. Still learning here Professor

I thought that I saw here loading of longs to go back to recent 4h highs to get more shorts.
Attached Image (click to enlarge)
Click to Enlarge Name: image.jpg Size: 175 KB
I know the secret...
  • #46,193
  • Apr 12, 2013 3:33pm Apr 12, 2013 3:33pm
Quoting BloombergTV
BREAKING: U.S. says Japan should refrain from competitive devaluation
And hammered the yen. Chapeau for TAH because the market was preparing for this totally. It's amazing how a simple analysis about PVA/VSA can discover that amount of information about the MMs. I´m not even trading now but really really impressed for your work TAH.
To fail is just an opportunity to learn
  • #46,194
  • Apr 12, 2013 3:37pm Apr 12, 2013 3:37pm
EU added another short on MR1...i am waiting a beautiful pin bar
  • #46,195
  • Edited 4:16pm Apr 12, 2013 3:43pm | Edited 4:16pm
Quoting Tymedu
And hammered the yen. Chapeau for TAH because the market was preparing for this totally. It's amazing how a simple analysis about PVA/VSA can discover that amount of information about the MMs. I´m not even trading now but really really impressed for your work TAH.
The YEN Sting (and the Banks Stink)

I think this entire situation is a lot more sinister than appears.....

http://www.forexfactory.com/showthre...27#post6581327
http://www.forexfactory.com/showthre...44#post6593444

Those super-rich and their banks that forged the entire devaluation scheme, buying all the way along (remember, a trade has to have two sides, so their continued buying enabled the continued selling!) deposited a lot of the country's coin into their own accounts. Now, when the backlash hits, they will agree and even encourage the undoing of the devaluation! Why? The higher the YEN rebounds the greater the fortunes these manipulating bastards will make on the coin they have been buying up ever since before this started!

These F....ckers really don't give a hoot nor holler for "helping the economy". What they care about is their own slices of heaven on earth, preserving them and preserving the ability to make them grow.

That "helping the economy" is just so much bull shit fodder for public consumption, and to keep folks focused on the penny dropped on the floor, while they slip the wallet from your back pocket.

-tah
  • #46,196
  • Apr 12, 2013 3:45pm Apr 12, 2013 3:45pm
EU...short this crap...now!!
  • #46,197
  • Apr 12, 2013 3:52pm Apr 12, 2013 3:52pm
Quoting traderathome
The YEN Sting (and the Banks Stink) I think this entire situation is a lot more sinister than appears..... http://www.forexfactory.com/showthre...27#post6581327 http://www.forexfactory.com/showthre...44#post6593444 Those super-rich and their banks that forged the entire devaluation scheme, buying all the way along (remember, a trade has to have two sides!) deposited a lot of the country's coin into their own accounts. Now, when the backlash hits, they will agree and even encourage the undoing of the devaluation!...
I will never, never doubt about you or your opinions anymore . Great lesson dude, fully appreciated.
To fail is just an opportunity to learn
  • #46,198
  • Edited 4:21pm Apr 12, 2013 4:08pm | Edited 4:21pm
Quoting traderathome
UChf Long Trade: Added long trades #2 and #3, both Scouts based on MMs driving the price back down well below the whole number, with high volumes coming in at the lows (M1 confirmed). Still no SL is set. TP1 is entered, but if price does not make it there before the close today, I might close trade out if price does run sufficiently high. {image} {image}
UChf Long Trade:

Moments before the market closed, I added long trade #4, a Scout based on the fact the MMs had driven the price down hard and were trading at exceptionally high levels at the bottom (M1 confirmed, really confirmed.....huge buying at the lows of the day!).
Attached Image(s) (click to enlarge)
Click to Enlarge Name: apr 2013 - 116.png Size: 38 KB
Click to Enlarge Name: apr 2013 - 117.png Size: 28 KB
  • #46,199
  • Apr 12, 2013 4:15pm Apr 12, 2013 4:15pm
TAH could you please share the PVA volume indicator? As I only have VSA from template. And if you could provide small instruction on how to use it.

Regards,

msis125125
There is no spoon....
  • #46,200
  • Apr 12, 2013 4:22pm Apr 12, 2013 4:22pm
Anybody observing the GOLD?
1500 broken down! The market closed with the lowest price since 1st on July 2011 - 1483!
How many stops trapped today?
WOW
Everything is possible!!! Step by Step...
103 traders viewing now