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Sonic R. System

  • #52,721
  • Jul 5, 2013 7:08am Jul 5, 2013 7:08am
Quoting sonicdeejay
{quote} I do not like it when u buy on the way down... Should buy in when it start to range down piror to break up.. Sonic
I'm with you on this - wait for the 15m dragon to turn up and then buy the retraces using the 5min & 1 min charts

"NFP casino opens for betting...

Come Come..."

OK, I'm ready....
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Trading Levels with WRBs
  • #52,722
  • Jul 5, 2013 7:32am Jul 5, 2013 7:32am
Quoting traderathome
{quote} GJ Short Trade: Added shorts #18 and #19 Scouts. Immediately after the London close, entering the after hours when it is easiest for MMs to manipulate prices to where they want them to be to advantage their position building, the MMs hiked the price above previous highs. This was followed by higher trading levels than before the hike, before the London session closed! This is a perfect PVSRA indication the MMs are bears, still building shorts. We have not seen even the tip of the iceberg as regards a run down, but it might not happen until...
GJ Short Trade:

Closed all 19 short trade components for 3230 pips gain.
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  • #52,723
  • Jul 5, 2013 7:37am Jul 5, 2013 7:37am
Attempt to hunt short SL which is above 100.7x before heading bak down??


Sonic
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  • #52,724
  • Jul 5, 2013 7:39am Jul 5, 2013 7:39am
Quoting sonicdeejay
Attempt to hunt short SL which is above 100.7x before heading bak down?? Sonic {image}
what ? ?? . short ?
  • #52,725
  • Jul 5, 2013 7:44am Jul 5, 2013 7:44am
Quoting jasakreatif
{quote} what ? ?? . short ?
He means stop loss hunting .... Meaning who ever was short and had a tight stop losss!
Creditors have better memories than debtors.
  • #52,726
  • Jul 5, 2013 7:49am Jul 5, 2013 7:49am
Quoting traderathome
{quote} EU Long Trade: Added longs #16 thru #18, Scouts. US bank holiday, and my take is the market makers decided it a perfect time to rush price down to where the banks had left large long orders for them to go after. Adjusted TP. {image}
EU Long Trade:

Added longs #19 and #20, Scouts. Yes, M1 PVSRA still shows, even after yet another shakeout, the MMs are more heavily trading at the new low than they had been doing all thru the preceding part of the LS, indicating they are bulls.....stinking banks in concert with the market makers to rush prices to new low area where banks already had more long orders pending. Adjusted TP.
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  • #52,727
  • Jul 5, 2013 7:49am Jul 5, 2013 7:49am
Quoting hansma
{quote} Gotta love people longing into a falling knife or a speeding train, even on a demo account H. {image}
Target hit?
  • #52,728
  • Jul 5, 2013 7:49am Jul 5, 2013 7:49am
building position should be like this

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  • #52,729
  • Jul 5, 2013 7:50am Jul 5, 2013 7:50am
Quoting sonicdeejay
Attempt to hunt short SL which is above 100.7x before heading bak down?? Sonic {image}

There is a $1Bn option at 101.00 due to expire at the NY cut - 10am NY / 3pm GMT - so I'd expect price to say around that level until it goes off......but the 100 pip pop was nice
Trading Levels with WRBs
  • #52,730
  • Jul 5, 2013 7:50am Jul 5, 2013 7:50am
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My mother language is Spanish, so, please, be patient with me.
  • #52,731
  • Jul 5, 2013 7:51am Jul 5, 2013 7:51am
  •  St3ve
  • | Joined Jan 2013 | Status: Recovering from losses ... | 77 Posts
Quoting ArtfulDodger
You can take a lot of "pain" on a $500 account trading at two cents a pip. [ ...] ps: could you furnish me with the last update to the trade levels indicator?
I wrote my last post with an account in mind, which can only trade micro lots or higher. I never had an account which is allowed to trade nano lots.
While saying "PVSRA with 1k account balance is just gambling", I haven't thought about trading nano lots - if you can do this, you can divide all those numbers by 10. Having 500$ account balance and trading nano lots is totally possible!

Regarding the trade levels indicator, I'm sorry to tell you that I also do not have the latest version - the one I have is about a month old!


steve
  • #52,732
  • Jul 5, 2013 7:53am Jul 5, 2013 7:53am
Quoting traderathome
{quote} GU Long Trade: Added longs #11 thru #15, Scouts. US bank holiday, and my take is the market makers decided it a perfect time to rush price down to where the banks had left large long orders for them to go after. Adjusted TP. {image}
GU Long Trade:

Added longs #16 thru #18, Scouts. Yes, M1 PVSRA still shows, even after yet another shakeout, the MMs are more heavily trading at the new low than they had been doing all thru the preceding part of the LS, indicating they are bulls.....stinking banks in concert with the market makers to rush prices to new low area where banks already had more long orders pending. Adjusted TP.
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  • #52,733
  • Jul 5, 2013 7:59am Jul 5, 2013 7:59am
i love classic , eventough if i use tight stoploss will not be hit

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  • #52,734
  • Edited 8:23am Jul 5, 2013 8:04am | Edited 8:23am
Quoting traderathome
{quote} UJ Short Trade: Added shorts #9 and #10, Scouts. PVSRA continues to indicate MMs are bears. I decided to plant a couple more seeds. Adjusted TP. {image}
UJ Short Trade:

Added shorts #11 and #12, Scouts. Yes, M1 PVSRA still shows, even after yet another shakeout, the MMs are more heavily trading at the new highs than they had been doing all thru the preceding part of the LS, indicating they are bears.....stinking banks in concert with the market makers to rush prices to new high area where banks already had more long orders pending. Adjusted TP.
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  • #52,735
  • Jul 5, 2013 8:08am Jul 5, 2013 8:08am
Added to the GU 2 entries long and also added to the UJ two entries short above whole number. None of the other pairs have moved enough against my EP1 to add. Seems like NFP was a non event. No real movement. I will add to the other open trades if the market gives me the opportunity. but I must see a minimum of 100 plus pips and good volume above or below the next whole number if I am to add. I will add the UJ chart to this post shortly.
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  • #52,736
  • Edited 8:32am Jul 5, 2013 8:12am | Edited 8:32am
Quoting traderathome
{quote} UChf Short Trade: Added shorts #3 thru #6, Scouts. US bank holiday, and my take is the market makers decided it a perfect time to rush price down to where the banks had left large long orders for them to go after. Adjusted TP. {image}
UChf Short Trade:

Added shorts #7 thru #10, Scouts. Yes, M1 PVSRA still shows, even after yet another shakeout, the MMs are more heavily trading at the new highs than they had been doing all thru the preceding part of the LS, indicating they are bears.....stinking banks in concert with the market makers to rush prices to new high area where banks already had more long orders pending. Adjusted TP.
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  • #52,737
  • Jul 5, 2013 8:13am Jul 5, 2013 8:13am
UJ short position added two entries when price above next whole number with good volume.
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  • #52,738
  • Jul 5, 2013 8:18am Jul 5, 2013 8:18am
Quoting futurespeter
{quote} Yes, it is a compromise between spacing and lowering the average price. For sure I will follow the MM's actions, nobody knows when they will turn.

Ideally, according to theory, you should only average in when price interacts around the important lines. That will keep you from clumping orders together.
If you are good at something, never do it for free--Joker
  • #52,739
  • Jul 5, 2013 8:21am Jul 5, 2013 8:21am
30pips could be easy

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  • #52,740
  • Jul 5, 2013 8:30am Jul 5, 2013 8:30am
Quoting jasakreatif
building position should be like this {image}
let see next week . hehe..

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