Sonic R. System

Quoting traderathome

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{quote} ...Or not! Turning to PVSRA and using H1 for illustrative purpose, we can see how the MMs previously suddenly hiked the price back above the half number S&R and kept upwards pressure on the price while trading very heavily. They simply restored the price to higher levels for selling. Today there was a selloff in conjunction with AUD releases. Afterwards, we can see the MMs hiked the price back above the whole number S&R, even to above the upper half number S&R, at which time the MMs suddenly increased their trading. They simply restored...

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Quoting okanemici

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Here is a possible strong reversal opportunity for AUDNZD.It made a long down wick today after a long selloff and closing high.After tomorrow and thursday aud nzd data I think this could shoot up to 1.2120 and 1.23 rapidly.I'll be in later today or tomorrow LO with a possible retest. {image} {image} {image}

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Quoting okanemici

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Told ya ! It is allready at RWH , how about that Tah !!! Your MMs are what ??? Over 1.21 this is bullish like hell. {quote} {quote} {image}

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Quoting traderathome

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{quote} ....Not so Fast Look for the follow-on activity. You should know by now that a spike up like this is just one of the strategies in the arsenals of the MMs to hike price for better prices to short at. -tah {image}

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Quoting traderathome

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{quote} ....Not so Fast Look for the follow-on activity. You should know by now that a spike up like this is just one of the strategies in the arsenals of the MMs to hike price for better prices to short at. -tah {image}

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Quoting traderathome

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AN Short Trade: Entered short trade #1, Scout. PVSRA on different TFs all indicate MMs are bears. So, this sudden spike up is likely just their way of restoring prices high for renewed aggressive shorting. Understanding how the MMs work, I feel comfortable sending in a Scout short where price is both above RWH and a half number. {image}

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Quoting okanemici

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I exited at 1.2130 to enter again later.Your target to do downside is limited professor.I say max 1.2070.This is the same move that happened in euraud on 4.4.2013 . Check this out. {quote} {image}

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Quoting sonicdeejay

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nice shake out to make Sir TAH happy?? *Sonic {image}

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Quoting sonicdeejay

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130.3x lvl is like a concrete wall...This is where seller SL and long TP waits.. Last week and this week EJ is trying hard to break, it failed 3 times so far.. Once it breaks up, More upside to come.. or If it fails again, it is not a good news to Bulls... {image} Sonic {image}

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Quoting traderathome

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AU Long Trade: Entered long trade #1, Scout. M1 PVSRA shows sudden heavy trading as MM moved the price down towards the half number S&R, indicating the MMs, maybe only for a retrace move in the larger picture, are for now bulls. If the MMs get the price to/below the half number I might add another Scout long. {image}

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Quoting baokydev

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Commodities Power - NZD/USD Scout Long #1 {image} I also realized AUD/USD 1.0154-1.0160 is quite a HIGH volume area. where the MM could be charging their power to mark up

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Quoting traderathome

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AN Short Trade: Entered short trade #1, Scout. PVSRA on different TFs all indicate MMs are bears. So, this sudden spike up is likely just their way of restoring prices high for renewed aggressive shorting. Understanding how the MMs work, I feel comfortable sending in a Scout short where price is both above RWH and a half number. {image}

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Quoting traderathome

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{quote} AU Long Trade: Added long trade #2, Scout. M1 PVSRA shows MMs worked price back to/below 3/4 S&R and followed up with higher trading, indicating the MMs remain bulls seeking low prices to add longs. {image} {image}

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Quoting irfanhashim

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WHERE TO BREAKOUT... {image}

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Quoting sonicdeejay

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130.3x lvl is like a concrete wall...This is where seller SL and long TP waits.. Last week and this week EJ is trying hard to break, it failed 3 times so far.. Once it breaks up, More upside to come.. or If it fails again, it is not a good news to Bulls... {image} Sonic {image}

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