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Sonic R. System

  • #53,621
  • Jul 15, 2013 7:31am Jul 15, 2013 7:31am
Quoting ForexSwag
{quote} Hey islander the 5min dragon and 15min dragon on the same template has been working well for me! Thank you! 1min chart with this setup is almost flawless! Read Volume and price and wave and dragon and EMAS....

Excellent - I'm glad that someone else is having success with this version of Sonic's methodology - you can start with a single micro lot entries - so 3 / trade - of real money and quickly compound your entries. Work it out for yourself based on say a minimumof 50 banked pips per day. As you can see, I'm usually banking ~20 pips / trade = 60 micro pips as a starter.....
Trading Levels with WRBs
  • #53,622
  • Jul 15, 2013 7:31am Jul 15, 2013 7:31am
Quoting marvas
This is my updated analysis. Is it wrong? {image}
Yes, notable volume increased on the central drive below the half SR, but note how quickly price was resurrected above half SR and dived again, and resurrected...

So, this could be an attempt by MMs to increase shorts before price goes too far below half SR, and that notable volume was not "stopping" volume, but "stop the drop so I can repump and reshort" volume.

This is a catchy one. EU and GU down, so might AU some more, and yet the lower whole number might be where it stops dropping. Time will tell.
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  • #53,623
  • Jul 15, 2013 7:39am Jul 15, 2013 7:39am
Bulls - Building long positions between 9:39 & 11:48
- In the past 2-3 hours, PVSRA shows MM activity has created high volume at lows & at support
- Heavy buying without breaking prior highs, prior swing or resistance
- Most recent PA seems to be ranging with notable volume at the lows
- PA approaches and/or pushed down through a lower BR½N with notable volume change
- PA pushed up by volume when PA is at or after lows
- After red candles, PA went higher

Concerns between 9:39 & 11:48
- Bulls are not 'running for profits'… yet
- M15 Dragon is not pointing up, PA is below Dragon & M15 Trend
- PA has not yet pushed toward, or through important resistance on high volume
- The new lows at 11:46 aren't filling me with confidence… but increased and sustained volume is…
- Overall swings are H-L-LH-LL-LH… but then!
- Nothing really interesting happening with PA to show Bulls are getting excited to run for profits

Key point
Trade with small lot sizes - we cannot know when Bulls will stop building & run for profits…
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  • #53,624
  • Edited 7:50am Jul 15, 2013 7:40am | Edited 7:50am
Quoting traderathome
{quote} AU Short Trade: Entered short #1, Scout, for reasons stated in referenced post and the M1 PVSRA bear indication was crystal clear. {image} {image}
AU Short Trade: Entered shorts #2 and #3, Scouts. Short #2 was a pending order executed while I slept and short #3 I just entered as the MMs push price back up thru the 3/4 SR on increased trading. M1 PVSR indicates bears for this reason. My guess is the US MMs plan on this is going lower (whole number?) and are simply pumping for shorts to make more profits when they later drive it down. Adjusted TP.

Edit: On M1 you can see the increased trading after the hike. MMs don't first raise price and then start buying! Confirmed bears. Placed pending order a bit higher, between this and next position up, just in case the MMs hike this a bit more.
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  • #53,625
  • Jul 15, 2013 7:47am Jul 15, 2013 7:47am
Nice Bearish Bar,,

Inserted Video



Sonic
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  • #53,626
  • Edited 8:15am Jul 15, 2013 8:00am | Edited 8:15am
Quoting sonicdeejay
Nice Bearish Bar,, http://www.youtube.com/watch?v=xuhl6Ji5zHM Sonic {image}
UJ and YEN Pairs

Indeed. So, how to play it? One way would be to look for a decent retrace of the move down, fib retrace 50%? Given enough time, maybe higher? There can be no way to know, but if a major move down in the YEN pairs is being set up, then for sure the greedy MMs have not yet finished reloading shorts and another drive up to sucker in longs so the MMs can add more shorts is probable.

One thing is for sure. There is not a lot of "green" on my M30 chart except for the pumps to recapture heights for more shorting.
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  • #53,627
  • Jul 15, 2013 8:20am Jul 15, 2013 8:20am
Quoting Tymedu
Breaking rumor: Spain's president could present today his resignation. Starting to rebuild short {image}
That's never been seen in Spain and will not happen, but the joke is good.
Newbie trader
  • #53,628
  • Edited 8:48am Jul 15, 2013 8:26am | Edited 8:48am
Quoting fex
{quote} That's never been seen in Spain and will not happen, but the joke is good.
!!!!!! News Flash !!!!!!

Spain's retiring president just announced the sale of his country to cover the costs of the Spanish Inquisition......

.......more updates on this breaking story as they come in!

.......JUST IN! Spain's Chief Exchequer has announced grave concern over the size of the "Finder's Fee" that is going to the retiring president for finding a buyer for the country.......more to follow as it comes in......

.......MORE JUST IN!........details are spotty, but apparently the sale of Spain involves a huge cash "Finder's Fee" payment to the retiring president, and the rest of the sale amount is in the form of Greek Promisory Notes......
  • #53,629
  • Jul 15, 2013 8:28am Jul 15, 2013 8:28am
Quoting fex
{quote} That's never been seen in Spain and will not happen, but the joke is good.
There is always a first time for everything.

http://www.bbc.co.uk/news/world-europe-23310930

There is no spoon....
  • #53,630
  • Jul 15, 2013 8:29am Jul 15, 2013 8:29am
EJ Analysis

I've been bull on this pair since last week. Could we be seeing the MMs turning into bears?
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  • #53,631
  • Jul 15, 2013 8:49am Jul 15, 2013 8:49am
Quoting traderathome
{quote} !!!!!! News Flash !!!!!! Spain's retiring president just announced the sale of his country to cover the costs of the Spanish Inquisition...... .......more updates on this breaking story as they come in! .......JUST IN! Spain's Chief Exchequer has announced grave concern over the size of the "Finder's Fee" that is going to the retiring president for finding a buyer for the country.......more to follow as it comes in...... .......MORE JUST IN!........details are spotty, but apparently the sale of Spain involves a huge cash"Finder's Fee"...
They have done other rulers in the past: to sell the country to pieces.

I'm out of practice and study to know what to do MM. But I have many reasons to think that the president of this country NEVER going to resign, nor the president, nor the ministers or mayors or councilors. The first reason is that that only happens in democratic countries.

Barcenas only one of their own: the scapegoat.
Newbie trader
  • #53,632
  • Jul 15, 2013 8:56am Jul 15, 2013 8:56am
Quoting traderathome
{quote} AU Short Trade: Entered shorts #2 and #3, Scouts. Short #2 was a pending order executed while I slept and short #3 I just entered as the MMs push price back up thru the 3/4 SR on increased trading. M1 PVSR indicates bears for this reason. My guess is the US MMs plan on this is going lower (whole number?) and are simply pumping for shorts to make more profits when they later drive it down. Adjusted TP. Edit: On M1 you can see the increased trading after the hike. MMs don't first raise price and then start buying! Confirmed bears. Placed pending...
AU Short Trade: Entered shorts #4 and #5, Scouts. M1 PVSRA shows MMs hiking price up to (then thru) whole SR on increased volume = Bears. Short #4 was a pending order that executed. Short #5 I added after seeing the price rammed up thru the whole SR on increased volume. Adjusted TP.
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  • #53,633
  • Jul 15, 2013 9:17am Jul 15, 2013 9:17am
Quoting traderathome
GA Short Trade: Entered short #1, Classic, though before LS. This just had a strong sell off and a 50% recovery. Edit: Added shorts #2 and #3, Scouts. Updated pic. {image} {image}
GA Short Trade: Entered shorts #4 and #5, Scouts, as MMs hiked price back up thru whole SR on increased trading = bears.
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  • #53,634
  • Jul 15, 2013 9:22am Jul 15, 2013 9:22am
Quoting fex
{quote} That's never been seen in Spain and will not happen, but the joke is good.
One can not think that the current leader of the PSOE (Socialist Party) Sñr Rubalcaba will shout too loudly about possible corruption implicating Sñr Rajoy the leader of the now (recently) in power Partido Popular, when the PSOE were in power for seven years from April 2004 until December 2011.

Numerous anti-corruption prosecutions are now in progress against many of the socalist leaders of Sain's Autonomous Regions - viz: the Balearic Islands having just one that's been in progress for more than a year so far. Rock the boat and send these higher up the structure - a crazy idea...
Trading Levels with WRBs
  • #53,635
  • Jul 15, 2013 9:26am Jul 15, 2013 9:26am
!!!!!! News Flash !!!!!!

Spain's retiring president just announced the sale of his country to cover the costs of the Spanish Inquisition......

.......more updates on this breaking story as they come in!

.......JUST IN! Spain's Chief Exchequer has announced grave concern over the size of the "Finder's Fee" that is going to the retiring president for finding a buyer for the country.......more to follow as it comes in......

.......MORE JUST IN!........details are spotty, but apparently the sale of Spain involves a huge cash "Finder's Fee" payment to the retiring president, and the rest of the sale amount is in the form of Greek Promisory Notes......

FLASH....FLASH....FLASH......early reports are that the Greek Promisory Notes completing the payment for Spain are to be deposited into the Cypress Central Bank.....

BREAKING NEWS......an italian shoe maker has just offered a competitive bid for Spain!........
  • #53,636
  • Jul 15, 2013 9:33am Jul 15, 2013 9:33am
FLASH....FLASH....FLASH......early reports are that the Greek Promisory Notes completing the payment for Spain are to be deposited into the Cypress Central Bank.....

Is that a branch of the Cyprus Central Bank?
Trading Levels with WRBs
  • #53,637
  • Jul 15, 2013 9:37am Jul 15, 2013 9:37am
Quoting Islander
{quote} One can not think that the current leader of the PSOE (Socialist Party) Sñr Rubalcaba will shout too loudly about possible corruption implicating Sñr Rajoy the leader of the now (recently) in power Partido Popular, when the PSOE were in power for seven years from April 2004 until December 2011. Numerous anti-corruption prosecutions are now in progress against many of the socalist leaders of Sain's Autonomous Regions - viz: the Balearic Islands having just one that's been in progress for more than a year so far. Rock the boat and send these...
You're right Islander, and I would never think that. A Spanish society we lack much education. We bring corruption in the blood, and we have exported to other countries.
Newbie trader
  • #53,638
  • Jul 15, 2013 9:39am Jul 15, 2013 9:39am
!!!!!! News Flash !!!!!!

Spain's retiring president just announced the sale of his country to cover the costs of the Spanish Inquisition......

.......more updates on this breaking story as they come in!

.......JUST IN! Spain's Chief Exchequer has announced grave concern over the size of the "Finder's Fee" that is going to the retiring president for finding a buyer for the country.......more to follow as it comes in......

.......MORE JUST IN!........details are spotty, but apparently the sale of Spain involves a huge cash "Finder's Fee" payment to the retiring president, and the rest of the sale amount is in the form of Greek Promisory Notes......

FLASH....FLASH....FLASH......early reports are that the Greek Promisory Notes completing the payment for Spain are to be deposited into the Cypress Central Bank.....

BREAKING NEWS......an italian shoe maker has just offered a competitive bid for Spain!........

News Update.....just in is a report that an Irish potato farmer has now joined the ranks of bidders for Spain.......
  • #53,639
  • Jul 15, 2013 9:48am Jul 15, 2013 9:48am
Quoting traderathome
{quote} UCad Short Trade: Added short #4, Scout. M1 PVSRA shows MMs hiking price above 1/4 SR on increasing activity = bears. Adjusted TP. {image}
UCad Short Trade: Added short #5, Scout. M1 PVSRA showed MMs running price back up above whole SR on notably increased activity = bears. Adjusted TP.
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  • #53,640
  • Edited 10:09am Jul 15, 2013 9:53am | Edited 10:09am
!!!!!! News Flash !!!!!!

Spain's retiring president just announced the sale of his country to cover the costs of the Spanish Inquisition......

.......more updates on this breaking story as they come in!

.......JUST IN! Spain's Chief Exchequer has announced grave concern over the size of the "Finder's Fee" that is going to the retiring president for finding a buyer for the country.......more to follow as it comes in......

.......MORE JUST IN!........details are spotty, but apparently the sale of Spain involves a huge cash "Finder's Fee" payment to the retiring president, and the rest of the sale amount is in the form of Greek Promisory Notes......

FLASH....FLASH....FLASH......early reports are that the Greek Promisory Notes completing the payment for Spain are to be deposited into the Cypress Central Bank.....

BREAKING NEWS......an italian shoe maker has just offered a competitive bid for Spain!........

News Update.....just in is a report that an Irish potato farmer has now joined the ranks of bidders for Spain.......

!!! Flash !!!.......the ECB has just announced in a press conference that it is issuing bonds for the purchase of Spain, said bonds to be backed by the full faith and credit of the spanish government.......

!!! FINAL UPDATE !!!......previously mentioned Irish potato farmer, now out of the bidding for Spain, has graciously offered the ECB a tin can and burial plot on his potato farm for for the ECB bonds issued for the purchase of Spain......and the aforementioned italian shoe maker has announced a new line of loafers commemorating the spanish government. Soles are to be made of especially processed ECB spanish bonds, not durable, but plentifully available for sole replacements.
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