UJ
can not go against strong daily up trend... I may fail once ,but win more
can not go against strong daily up trend... I may fail once ,but win more
Attached Image (click to enlarge)
- #46,662
- Apr 19, 2013 2:28am Apr 19, 2013 2:28am
- Joined Mar 2008 | Status: PVSRA with Traderathome | 23,552 Posts
GU 1min chart forming short Sonic R already starting from "target"{image}
Wonder what the US MMs will do. I mean since the London MMs have already scoured above the whole number and will have absorbed all the liquidity for shorting by the time the US session opens,......well, what might the US MMs do? They haven't had a chance to short up here, and they're not going to want to lose out on doing it. We might see the US MMs hike the price further, above the upper half number and maybe higher.
Once before, in a situation like this and on a Friday too, I remember saying the same thing, "....the US MMs hike the price further, above the upper half number and maybe higher....", and what happened was they rip roared the price above the half number, above the 3/4 number, above the upper whole number, above the upper 1/4 number and almost to the next higher half number! If something special is going to happen (like GU completing the H&S formation) I'd not discount the greed of these MMs, nor their capacity to hike the price a lot more, because "a lot more up" to add more shorts means just that much more profit for the MMs on their new shorts even before they return the price down to the H&S neckline again to restart the run to complete the formation.
Well, we can know if the MMs are bears or bulls easy enough now. But we'll never be able to know when they will initiate their true MARK DOWN runs.
I might just put in a pending short order above the upper whole number like I did for UJ.
-tah
- #46,663
- Apr 19, 2013 2:33am Apr 19, 2013 2:33am
Looks like GJ and EJ both going to make it to next whole number for further scouts. Its just too tempting and very volatile pairs.
Katte, kabuto no o wo shime yo. Size doesn't matter, leverage is the killer
- #46,664
- Apr 19, 2013 2:34am Apr 19, 2013 2:34am
- Joined Jan 2013 | Status: Trader | 1,107 Posts
GU: Wonder what the US MMs will do. I mean since the London MMs have already scoured above the whole number and will have absorbed all the liquidity for shorting by the time the US session opens,......well, what might the US MMs do? They haven't had a chance to short up here, and they're not going to want to lose out on doing it. We might see the US MMs hike the price further, above the upper half number and maybe higher. Once before, in a situation like this and on a Friday too, I remember saying the same thing, "....the US MMs hike the price...
Well... We shall see... All hyphotetical, as always...
I know the secret...
- #46,665
- Apr 19, 2013 2:40am Apr 19, 2013 2:40am
- Joined Mar 2008 | Status: PVSRA with Traderathome | 23,552 Posts
UJ can not go against strong daily up trend... I may fail once ,but win more {image}
I guess you don't care that the YEN pairs might be slated for reversals next week. Nevertheless, you have to agree that "strong daily up trends" end!
You see, alkenany, I no longer care about guessing if a trend is going to hold or collapse. I don't have to guess anymore. PVSRA tells me if the MMs are bulls or bears. And I simply trade right along with them! The MMs are bears on the YEN pairs, so those trends are only going to last as long as the bear MMs keep pushing the price up to draw in longs so they can build their shorts. Once the MMs finish building their short positions the trends will collapse.
And it could happen at the start of next week. I don't know that for sure. No one can ever know when the MMs will initiate the runs to make profits on the positions they have been building. But the Sting in the YEN Sting senario would be a Cracker Jack if the MMs pull off Island Reversals of all the YEN pairs at the market open next week,....absolutely slaughtering longs!
-tah
- #46,666
- Apr 19, 2013 2:52am Apr 19, 2013 2:52am
- Joined Mar 2008 | Status: PVSRA with Traderathome | 23,552 Posts
- #46,667
- Apr 19, 2013 3:10am Apr 19, 2013 3:10am
- Joined Mar 2008 | Status: PVSRA with Traderathome | 23,552 Posts
- #46,668
- Apr 19, 2013 3:11am Apr 19, 2013 3:11am
- Joined Jan 2013 | Status: Trader | 1,107 Posts
I know the secret...
- #46,669
- Apr 19, 2013 3:17am Apr 19, 2013 3:17am
- Joined Jan 2013 | Status: Trader | 1,107 Posts
I know the secret...
- #46,670
- Apr 19, 2013 3:18am Apr 19, 2013 3:18am
- Joined Mar 2008 | Status: PVSRA with Traderathome | 23,552 Posts
GU Comment:
MMs just pushed the price to 1.53667. The inter-day swing up from Wednesday's low of 1.52155 is 151.2 pips!....a 150+ pips swing. This might be where it stops.
And now, a 200+ pips drop back down to RWL would be real nice!
MMs just pushed the price to 1.53667. The inter-day swing up from Wednesday's low of 1.52155 is 151.2 pips!....a 150+ pips swing. This might be where it stops.
And now, a 200+ pips drop back down to RWL would be real nice!
- #46,671
- Apr 19, 2013 3:23am Apr 19, 2013 3:23am
- | Joined Nov 2011 | Status: the probability trader | 1,110 Posts
GU Short Trade: Added short trade #4, another Scout based on PVSRA, this time as MMs drove price above half number. Where will they stop adding shorts? Have no idea, but with each step up, the MMs trade most heavily upon reaching the highs, so they are still adding shorts. So am I. {image}
Everything is possible!!! Step by Step...
- #46,672
- Apr 19, 2013 3:27am Apr 19, 2013 3:27am
- Joined Mar 2008 | Status: PVSRA with Traderathome | 23,552 Posts
Still lucky? {image}
Don't believe in luck. Good fortune is where preparedness and opportunity meet. I have had the opportunities to build a short position, i was prepared to do so, and I have. All I have to do now is wait.
-tah
- #46,673
- Apr 19, 2013 3:32am Apr 19, 2013 3:32am
- | Joined Nov 2011 | Status: the probability trader | 1,110 Posts
Meanwhile i want to discuss another one really very useful stuff about pure price action, volumes and MM's manipulations. It's so called LIQUIDITY GAP (MOMENTUM AWAY) I was noted about it by one pros one year ago, but i had no idea how to trade it. Now things getting much more clear. I have found very good explation of this stuff here. This article will answer any questions you might have about what is the definition of liquidity...
Everything is possible!!! Step by Step...
- #46,674
- Apr 19, 2013 3:35am Apr 19, 2013 3:35am
- | Joined Nov 2011 | Status: the probability trader | 1,110 Posts
Still lucky? Don't believe in luck. Good fortune is where preparedness and opportunity meet. I have had the opportunities to build a short position, i was prepared to do so, and I have. All I have to do now is wait.
Everything is possible!!! Step by Step...
- #46,675
- Apr 19, 2013 3:39am Apr 19, 2013 3:39am
- Joined Mar 2008 | Status: PVSRA with Traderathome | 23,552 Posts
Here is the proof of how does it work. It works perfectly! {image}
I don't understand it. Because I don't understand it, I don't see how it can be used to trade. Even if I did understand it, it might not be practical to use to trade. Oh, it might make sense after moves, like most everything else does, but maybe can only be used together with a big guess for trading.
And, even if it could be used for trading, I doubt it could be any more effective than what I am now doing with PVSRA.
If you have figured all that "stuff" out, and can figure out a way to use it to trade, go ahead. If it works really well over a good stretch of time, then let us know. Explain it all to all of us then.
-tah
- #46,676
- Apr 19, 2013 3:45am Apr 19, 2013 3:45am
- | Joined Nov 2011 | Status: the probability trader | 1,110 Posts
Everything is possible!!! Step by Step...
- #46,677
- Apr 19, 2013 3:53am Apr 19, 2013 3:53am
- Joined Jan 2007 | Status: Trader | 11,838 Posts
Trading Levels with WRBs
- #46,678
- Apr 19, 2013 3:54am Apr 19, 2013 3:54am
Here is the proof of how does it work. It works perfectly! {image}
But interesting analysis Dmitry, looking forward with that idea To fail is just an opportunity to learn
- #46,679
- Edited 4:08am Apr 19, 2013 3:57am | Edited 4:08am
- Joined Mar 2008 | Status: PVSRA with Traderathome | 23,552 Posts
I am not able to describe it better then it described before. It's up to you to use it or to not. I am using this stuff with very simple way. As soon as Liquidity gap spotted i am starting to look setups to trade in opposite direction of this gap. Usually (very high probability) PA soonest closing this gaps and begining of GAP is very good target to TP.
Well hell, then why don't you post such trades, with nice clean charts, explaining what needs to be explained so we can understand the trade. Like, highlight on the chart the liquidity gap and explain why it is one, what significance it has, and how you are going to use it, etc. That would help us all to learn it from you instead of trying to ferret thru that material where, as you pointed out, they use 100 different words to mean the same damn thing, so folks trying to read it will give up in utter disgust!
Now, I can understand this. That small body candle at the top of the MM's pump has a lot of volume! It is selling at the top, plain and simple, and indisputable. So, that means the MMs are bears still and maybe even now are "topping off", or as I have so lovingly come to refer to it.....BARF! (Bump & Run F...kers!). No, pardon me, actually I use the more "acceptable" phrase.....Pump & Dump!
The MMs might save the downwards part of the Dump for next week. Like maybe a huge gap down and relentless undermining of the price for days following, absolutely slaughtering longs. (highly speculative based on the YEN Sting)
-tah
