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Sonic R. System

  • #51,801
  • Jun 24, 2013 5:24am Jun 24, 2013 5:24am
Quoting rxJano
EUR/USD increased trading on s/r resistance levels. eur/usd is still going short. please confirm if correct/incorrect. sell order pending at 1.30750 -rxJano {image}
If you think it still bears, perhaps it would be better to wait for short prices are more expensive and attractive, eg 1.31250 or 1.31500, provided that confirm PVSRA bear. It's just my opinion, I'm no expert.
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Newbie trader
  • #51,802
  • Jun 24, 2013 5:33am Jun 24, 2013 5:33am
I could do with some help with good money management. Our risk management process buck against counter trading against the trend. This tends to be the case with PVSRA it seems. So whilst 1min TF may indicate bulls, the 1HR trend may be bear. Holding a trade for a long time until the trend reverses... Do we have a link to a PDF/post for details to help with this?
  • #51,803
  • Jun 24, 2013 7:28am Jun 24, 2013 7:28am
Quoting figgsey
I could do with some help with good money management. Our risk management process buck against counter trading against the trend. This tends to be the case with PVSRA it seems. So whilst 1min TF may indicate bulls, the 1HR trend may be bear. Holding a trade for a long time until the trend reverses... Do we have a link to a PDF/post for details to help with this?
PVSRA Money Management

This has been a topic of discussion for over two months now. Check out the posts on the thread. PDFs on PVSRA are linked in post #1. You have been here a while now, long enough to know all of this,.....if you have been catching up on the current posts each time you log back in. If not, then it is understandable that you have questions. You have to go back and read. Either way, that is the only solution.
  • #51,804
  • Jun 24, 2013 7:38am Jun 24, 2013 7:38am
Quoting Msis125125
UJ PVSRA BULL or BEAR MM drove the price to half number, more highs then lows. PVSRA indicate that MM are Bear. Start building my Shorts. {image}
Dear Misis,

Could you kindly tell me how could I identify MM drive the price to half number, whole number and 1/4number? it's difficult for me to undertand it even I read your and posts carefully, great thanks.
  • #51,805
  • Jun 24, 2013 7:42am Jun 24, 2013 7:42am
AUDUSD BULL or BEAR?

I have a bit of mixed signals here, please someone straight me up a bit. I see MM driving the price UP to a whole number, meaning they are trying to get better price for shorts, but weekly chart shows support area after 1300 pips down move, so correction is immanent. So my question is that MM are longs or Short? PVSRA indicate MM are Bear, but there was a huge move down. So I am in a struggle here, should I start building Short or wait a bit for correction?

Thanx for any advice!

Edit: I think I got my answer from just move. MM is BEAR trying to drive the price to half number for better price.
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There is no spoon....
  • #51,806
  • Jun 24, 2013 7:45am Jun 24, 2013 7:45am
SLV seem bottoming..

Not for the fella with tight SLs..

Inserted Video



Sonic
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  • #51,807
  • Jun 24, 2013 7:50am Jun 24, 2013 7:50am
Quoting Msis125125
AUDUSD BULL or BEAR? I have a bit of mixed signals here, please someone straight me up a bit. I see MM driving the price UP to a whole number, meaning they are trying to get better price for shorts, but weekly chart shows support area after 1300 pips down move, so correction is immanent. So my question is that MM are longs or Short? PVSRA indicate MM are Bear, but there was a huge move down. So I am in a struggle here, should I start building Short or wait a bit for correction? Thanx for any advice! Edit: I think I got my answer from just move....
Seem MM follow the same intentions ...
Edit: Now seems a good price, but I already I have that level, if the price reaches 0.93 I add another short.
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Newbie trader
  • #51,808
  • Edited 8:19am Jun 24, 2013 7:52am | Edited 8:19am
Quoting Msis125125
AUDUSD BULL or BEAR? I have a bit of mixed signals here, please someone straight me up a bit. I see MM driving the price UP to a whole number, meaning they are trying to get better price for shorts, but weekly chart shows support area after 1300 pips down move, so correction is immanent. So my question is that MM are longs or Short? PVSRA indicate MM are Bear, but there was a huge move down. So I am in a struggle here, should I start building Short or wait a bit for correction? Thanx for any advice! {image} {image}
PVSRA, Mixed Signals, or Mixed Emotions?

Think about what has been said regarding mixed signals, or no signals. You wait while you keep analyzing. If you were stalking AU and thinking as you are, then would not the obvious course of action be to wait until the PVSRA bears started to run the price down for profits, ......to wait for a good Sonic R. Classic short setup? Yes, it would be. But, you are already short, so the thing to watch is how high the PVSRA bears take the price, and if they remain bears. You have to keep analyzing on M1, and keep watch on what happens when prices reach highs, particularly if the price reaches your highest entry short. If you loose confidence, you can close the trade.

So far, even as I write this, the US MMs are doing what they do best. M1 PVSRA still indicates the MMs are bears, but they are very aggressively pumping the price. So, I want to see how the PVSRA looks after this pump concludes. So far, higher activity continues after the current stage of the pump than before the pump, which still indicates the MMs are bears.
  • #51,809
  • Jun 24, 2013 7:59am Jun 24, 2013 7:59am
Thanx TAH, I have figured it out as I have edited my POST with third picture. So we are on the same page here. Thanx bro. I think course of action would be to drive the price to half number make everyone believe that it broke out of the m15 expanding triangle then suck all longs for a good run down. Bastards MM!!!
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There is no spoon....
  • #51,810
  • Jun 24, 2013 8:05am Jun 24, 2013 8:05am
Quoting traderathome
{quote} UJ Short Trade: Added short trades #4 & #5, Scouts. Same PVSRA story, the MMs moved price solidly above the 1/2SR and are now more actively trading, indicating they are bears hiking the price to add shorts. Adjusted TP. Before the bear MMs might start moving the price lower for profits, there is still time early in this week for them to continue the pump. If they get this to the upper whole number area, and if PVSRA continues to indicate the MMs are bears, I intend to continue to add. {image}
UJ Short Trade:

Closed all five short trades for 400 pips gained.
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  • #51,811
  • Jun 24, 2013 8:08am Jun 24, 2013 8:08am
Quoting traderathome
{quote} UJ Short Trade: Closed all five short trades for 400 pips gained. {image}
Me Too!
There is no spoon....
  • #51,812
  • Jun 24, 2013 8:12am Jun 24, 2013 8:12am
Quoting traderathome
{quote} AU Short Trade: Added short #3, Scout. The MMs did bump the price a bit more and triggered my pending short order. I have set another a little higher, but I doubt it will be reached. Adjusted TP. {image}
AU Short Trade:

Added short trade #4. M1 PVSRA shows US MMs hiked price up thru the upper whole number SR and then thru the upper half number SR, each time increasing their trading activity, indicating they are bears driving the price up to stop out/trigger in.....to get liquidity for more of their short orders. Updated TP.
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  • #51,813
  • Jun 24, 2013 8:13am Jun 24, 2013 8:13am
Quoting traderathome
{quote} UJ Short Trade: Closed all five short trades for 400 pips gained. {image}
Please prof: Why? Are MM BULLIST now?
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Newbie trader
  • #51,814
  • Jun 24, 2013 8:14am Jun 24, 2013 8:14am
Quoting traderathome
{quote} UJ Short Trade: Closed all five short trades for 400 pips gained. {image}
I don't get it. U build short and as soon as the price crosses the EMA and the dragon starts to point south u close them. I'm not saying it's bad because a trade with profit is a trade with profit, but don't you think it's better to at least give it a try now that the prices is below the EMA?
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To fail is just an opportunity to learn
  • #51,815
  • Jun 24, 2013 8:19am Jun 24, 2013 8:19am
That's why UJ was closed. In very good time as well. Coz price will go higher for better entrance for MM. TAH did a right thing that he has closed.
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There is no spoon....
  • #51,816
  • Edited 8:46am Jun 24, 2013 8:25am | Edited 8:46am
Quoting fex
{quote} Please prof: Why? Are MM BULLIST now? {image}
Quoting Tymedu
{quote} I don't get it. U build short and as soon as the price crosses the EMA and the dragon starts to point south u close them. I'm not saying it's bad because a trade with profit is a trade with profit, but don't you think it's better to at least give it a try now that the prices is below the EMA? {image}
Several things were on my mind:

1. AU, EU, GU,....all being pulled up for short loading by US MMs, presumably ahead of more downside they have in mind for these pairs. It could spell dollar strength and work against a UJ short trade.

2. It is only Monday, so another pullup could be in store if indeed this is going any further down. So if I wanted to continue to risk a UJ play down while AU, GU and EU also go down, I might be able to re-enter again.

3. PA hit down thru half number SR with notably increased volume. Either stop the drop or bonafide stopping volume. So, either way, not a bad time to exit.

4. I still have lots of trade components on the board, so lightening now and then, especially with good profit, never hurts.


Overall, because I see the US MMs pumping AU, EU and GU as though they are reloading shorts for more downside this week, if such happens (dollar strength moves) I concluded UJ will be the worst YEN pair to be in short. I could be wrong. Have been before.
  • #51,817
  • Jun 24, 2013 8:33am Jun 24, 2013 8:33am
Quoting traderathome
{quote} {quote} Several things were on my mind: 1. AU, EU, GU,....all being pulled up for short loading by US MMs, presumably ahead of more downside they have in mind for these pairs. It would spell dollar strength move coming which could cause UJ to go back up. 2. It is only Monday, so another pullup could be in store if indeed this is going any further down. So if I wanted to continue to risk a UJ play down while AU, GU and EU also go down, I might be able to re-enter again. 4.. PA hit down thru half number SR with notably increased volume. Either...
Thank you very much what I needed . I like to know what's on your mind.
Newbie trader
  • #51,818
  • Jun 24, 2013 9:04am Jun 24, 2013 9:04am
Quoting traderathome
{quote} UJ Short Trade: Closed all five short trades for 400 pips gained. {image}
may i ask question , its for newbie student , your ep draw by hand or indy and did you forget your ep sometimes ?
  • #51,819
  • Jun 24, 2013 9:12am Jun 24, 2013 9:12am
Quoting traderathome
{quote} {quote} Several things were on my mind: 1. AU, EU, GU,....all being pulled up for short loading by US MMs, presumably ahead of more downside they have in mind for these pairs. It could spell dollar strength and work against a UJ short trade. 2. It is only Monday, so another pullup could be in store if indeed this is going any further down. So if I wanted to continue to risk a UJ play down while AU, GU and EU also go down, I might be able to re-enter again. 3. PA hit down thru half number SR with notably increased volume. Either stop the...
Perfect explanation, all valid and with sense
To fail is just an opportunity to learn
  • #51,820
  • Edited 9:44am Jun 24, 2013 9:15am | Edited 9:44am
AUD/CAD MMs are BEARS. High volume in highs above whole number (0.9700). Head fake. MMs are quietly closing longs/opening shorts.
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My mother language is Spanish, so, please, be patient with me.
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