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Sonic R. System

  • #53,101
  • Jul 9, 2013 8:08am Jul 9, 2013 8:08am
AU

SHS in play (4h chart)
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To fail is just an opportunity to learn
  • #53,102
  • Jul 9, 2013 8:08am Jul 9, 2013 8:08am
USD/CAD: MMs have pushed down the price to build bullish positions. Entry Points 1, 2 y 3. Stop Loss are placed in recent LOWS. Take Profits are placed under first WHOLE NUMBER available (1.06000)
Attached Image (click to enlarge)
Click to Enlarge Name: usdcad-m15-oanda-corporation-cfd-2.png Size: 31 KB
My mother language is Spanish, so, please, be patient with me.
  • #53,103
  • Jul 9, 2013 8:18am Jul 9, 2013 8:18am
Quoting banteka
USD/CAD: MMs have pushed down the price to build bullish positions. Entry Points 1, 2 y 3. Stop Loss are placed in recent LOWS. Take Profits are placed under first WHOLE NUMBER available (1.06000) {image}
STOP LOSSES almost hit by the MMs. Price is up again...UUUfffff....
Another lesson to be learned: Do not open positions till the NY session is open...
My mother language is Spanish, so, please, be patient with me.
  • #53,104
  • Edited 8:51am Jul 9, 2013 8:35am | Edited 8:51am
Quoting banteka
{quote} STOP LOSSES almost hit by the MMs. Price is up again...UUUfffff.... Another lesson to be learned: Do not open positions till the NY session is open...
banteka, is necessary to make an analysis PVSRA in lower TF (M1,M5)...

Edit: Like this suspicious as this rise above the 1/4 number, with increased volume.
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Newbie trader
  • #53,105
  • Jul 9, 2013 8:38am Jul 9, 2013 8:38am
Quoting Tymedu
{quote} Perfect, thank you again. I didn't PM before cause I thought you answer would be productive for the thread But from now on if I need anything else, I'll PM you. Best, Tymedu
Please keep such threads in the context of the entire forum, if there is likely to be a wider benefit. Particularly as Islander has gone to so much trouble.
  • #53,106
  • Jul 9, 2013 8:38am Jul 9, 2013 8:38am
Quoting Islander
{quote} OK - so here are the basics of how I am using the indicators from TAH & Sonic for my trading of Intra Day Swings mainly during the London Session.......although I do trade both the AudUsd & UsdJpy before LO as the Australasian Session is still open. The safest trades are the pure Sonics - a pull back towards the 15m Dragon which is above / below the 15m 89 ema. However, we often have to wait some time for these, so I have a different format for giving me more potential trades based on using the 5m & 1m dragons for Objective Entries. So at...
Pirate Pip thank you very much
Newbie trader
  • #53,107
  • Jul 9, 2013 8:51am Jul 9, 2013 8:51am
Quoting Islander
{quote} OK - so here are the basics of how I am using the indicators from TAH & Sonic for my trading of Intra Day Swings mainly during the London Session.......although I do trade both the AudUsd & UsdJpy before LO as the Australasian Session is still open. The safest trades are the pure Sonics - a pull back towards the 15m Dragon which is above / below the 15m 89 ema. However, we often have to wait some time for these, so I have a different format for giving me more potential trades based on using the 5m & 1m dragons for Objective Entries. So at...

Great post Islander, this is what Sonic trading is.
If you are good at something, never do it for free--Joker
  • #53,108
  • Jul 9, 2013 8:52am Jul 9, 2013 8:52am
Quoting fex
{quote} banteka, is necessary to make an analysis PVSRA in lower TF (M1,M5)... Edit: Like this suspicious as this rise above the 1/4 number, with increased volume. {image}

I did it fex. M5 shows MMs are BULLS. I see notable volume on lows...Am I missing something?
NOTE: I'm not scalping but sowing seeds...
Attached Image (click to enlarge)
Click to Enlarge Name: usdcad-m5-oanda-corporation-cfd.png Size: 31 KB
My mother language is Spanish, so, please, be patient with me.
  • #53,109
  • Jul 9, 2013 9:09am Jul 9, 2013 9:09am
Quoting banteka
{quote} I did it fex. M5 shows MMs are BULLS. I see notable volume on lows...Am I missing something? {image}
Hi banteka.

From my point of view, it's a difficult analysis because this pair has a tighter range and sometimes it's moer difficult to identify MMs intention. However, if I look to the 15m chart all I see is the volume increasing once it crosses the quarter number and just after a "stopping volume" candle. After that candle, I see a blue candle and that for me is MMs opening shorts.

Since yesterday we can see MMs pumping the price to that zone again and once it crossed again the quarter number, it is dumping with more volume. Price is finally breaking down, but they are still trying to push up the price a little bit, in this case to the 1.0550 in order to add more shorts.

That is my point of view, but it's not an easy scenario tbh.

Best, Tymedu.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: wedge.png Size: 47 KB
Click to Enlarge Name: wedge2.png Size: 73 KB
To fail is just an opportunity to learn
  • #53,110
  • Jul 9, 2013 9:16am Jul 9, 2013 9:16am
Quoting banteka
{quote} I did it fex. M5 shows MMs are BULLS. I see notable volume on lows...Am I missing something? NOTE: I'm not scalping but sowing seeds... {image}
I'm just a rookie, but that seems a trend continuation, and my graphic does appear that the MM have raised the price by increasing the volume. On the other hand, tends to be more reliable analysis in M1. A bug that I usually make is to not wait to see more signs, must be taken into account: there is no hurry, PVSRA is calm and relaxed. It's a little frustrating, but it's a matter of training the eye. On the other hand use different lot sizes .... I do not mean to correct you, just trying to give my point of view. Good trading.

Edit: Thanks Tymedu, my English is a disgrace.
Newbie trader
  • #53,111
  • Jul 9, 2013 9:16am Jul 9, 2013 9:16am
Another short added, climax down bar, VSA. Stop 130.12, which is the entry price of my first short.
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If you are good at something, never do it for free--Joker
  • #53,112
  • Jul 9, 2013 10:02am Jul 9, 2013 10:02am
Oh that we could do the same.....

from fxbriefs .com

US regulators propose doubling leverage ratio for large banks

  1. To propose 6% leverage ration for the largest banks
  2. Rules would take effect at start of 2018

Trading Levels with WRBs
  • #53,113
  • Jul 9, 2013 10:08am Jul 9, 2013 10:08am
Quoting Islander
Oh that we could do the same..... from fxbriefs .com US regulators propose doubling leverage ratio for large banks To propose 6% leverage ration for the largest banks Rules would take effect at start of 2018
this means they are proposing raising the capital required (not other way around). so this will ineffect lower the leverage.

currently leverage ratio is 3% i believe
Think : Trade : Live Life
  • #53,114
  • Jul 9, 2013 10:18am Jul 9, 2013 10:18am
The beauty of adding along with the higher TF trend. I`ve tried going against the trend but couldnīt take the heat with big DD.
And Islander, thanks a lot .

http://charts.mql5.com/1/996/eurusd-...da-markets.png

Cheers Waez
  • #53,115
  • Edited 10:31am Jul 9, 2013 10:19am | Edited 10:31am
AUD/USD, AUD/JPY AUD/CAD, three pairs dancing the same waltz. Similar waves, similar notable volume at the same time, even similar "peaks" searching stop losses to hit...

Is it coincidence?...I think it isn't.

So, for the sake of simplicity, just in about 9 hours there will be a high impact release regarding the AUD. It could be a very profitable trade, or better said, three profitable trades at the same time.
Then...BULLS or BEARS?
My mother language is Spanish, so, please, be patient with me.
  • #53,116
  • Jul 9, 2013 10:23am Jul 9, 2013 10:23am
Quoting fex
{quote} I'm just a rookie, but that seems a trend continuation, and my graphic does appear that the MM have raised the price by increasing the volume. On the other hand, tends to be more reliable analysis in M1. A bug that I usually make is to not wait to see more signs, must be taken into account: there is no hurry, PVSRA is calm and relaxed. It's a little frustrating, but it's a matter of training the eye. On the other hand use different lot sizes .... I do not mean to correct you, just trying to give my point of view. Good trading....

Hi fex...You can correct me when you want. It doesn't bother me. I'm here to learn as I suppose you are.
My mother language is Spanish, so, please, be patient with me.
  • #53,117
  • Jul 9, 2013 10:24am Jul 9, 2013 10:24am
Quoting stt
{quote} this means they are proposing raising the capital required (not other way around). so this will ineffect lower the leverage. currently leverage ratio is 3% i believe

Ah - thanks, now I see it - I had my Traders Hat on
Trading Levels with WRBs
  • #53,118
  • Jul 9, 2013 10:37am Jul 9, 2013 10:37am
Quoting banteka
AUD/USD, AUD/JPY AUD/CAD, three pairs dancing the same waltz. Similar waves, similar notable volume at the same time, even similar "peaks" searching stop losses to hit... Is it coincidence?...I think it isn't. So, for the sake of simplicity, just in about 9 hours there will be a high impact release regarding the AUD. It could be a very profitable trade, or better said, three profitable trades at the same time. Then...BULLS or BEARS?
Well. I'll be the first..In my opinion, MMs have been pushing up the price since July the 7th (M30). A high impact release could be a good reason for taking the Run For Profits. If we see the volume indicator, we can see a lot of blue and green bars, all over the period, so I am going to open SHORTS in the three pairs.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: audusd-m30-oanda-corporation-cfd.png Size: 35 KB
Click to Enlarge Name: audjpy-m30-oanda-corporation-cfd.png Size: 33 KB
Click to Enlarge Name: audcad-m30-oanda-corporation-cfd.png Size: 35 KB
My mother language is Spanish, so, please, be patient with me.
  • #53,119
  • Jul 9, 2013 10:45am Jul 9, 2013 10:45am
Quoting banteka
{quote} Well. I'll be the first..In my opinion, MMs have been pushing up the price since July the 7th (M30). A high impact release could be a good reason for taking the Run For Profits. If we see the volume indicator, we can see a lot of blue and green bars, all over the period, so I am going to open SHORTS in the three pairs. {image} {image}
AU and AJ pairs are not directly co-related... To me, the USD are showing weakness, while the JPY are showing strength.

Generally, as Prof Tah has shown in his charts, EU and GU are bullish. While from the AJ chart, it is indicating that MMs are bears

Maybe I'm wrong haha, still learning.
Attached Image (click to enlarge)
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  • #53,120
  • Jul 9, 2013 11:17am Jul 9, 2013 11:17am
Quoting Afarensis
EU H&S....TARGET 1.26.......AU H&S ON H1 but maybe salve with news later........ {image}
Maybe the target is this week
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