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Sonic R. System

  • #53,821
  • Edited 8:13am Jul 17, 2013 7:57am | Edited 8:13am
Quoting traderathome
{quote} AU Short Trade: added short #15, Scout. M1 PVSRA shows MMs continue to favor the highs as they cycle price up/down above the whole number. Entry was made as MMs pushed price above 1/4 SR on increased volume = Bears. M15 is forming a Double Top now. Adjusted TP. Edit: Added short #16 as MMs continue the push up, still increasing their trading as they go = Bears. {image}
AU Short Trade: added shorts #17 thru #19, Scouts. M1 PVSRA shows US open MMs rammed the price up on high volume, followed by higher levels of trading than before, indicating they are bears pushing up the price to add shorts. Adjusted TP.

In the bigger picture, on the Day chart, we can see lower highs, and as the MMs pushed up the price most recently we can see lower volumes which indicates the bear MMs are exhausting the liquidity to get their short orders filled.
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  • #53,822
  • Edited 8:28am Jul 17, 2013 8:15am | Edited 8:28am
Quoting PrinceImy
{quote} Ok I'm still learning, but from what I see you built up your sell positions knowing the MM are bears, and you're waiting for a big run down in profits? Maybe the facade of the Fed statement might be the downwards run you're hoping for. Anyway I'll sit on the sidelines an observe the action for now.

AUDUSD
Yeap... It's time to start down... hehehe .... Hopefully FED, come save me ....
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Sorry my bad English - My native language is Portuguese-BR
  • #53,823
  • Jul 17, 2013 8:18am Jul 17, 2013 8:18am
Quoting PrinceImy
{quote} Ok I'm still learning, but from what I see you built up your sell positions knowing the MM are bears, and you're waiting for a big run down in profits? Maybe the facade of the Fed statement might be the downwards run you're hoping for. Anyway I'll sit on the sidelines an observe the action for now.
Quoting MichaelKiske
{quote} Yeap... It's time to start down... hehehe .... Hopefully FED, come save me ....
Both of you, please have the consideration to include the ID of the pair you talk about. Otherwise, such a post is just garbage cluttering the thread. Please go back and edit your posts accordingly, so when Sonicers see such a post they know what the hell you are discussing! Either that, or delete your posts. Thank you for compliance, because this thread is not intended to be a bulletin board. It is for the purpose of presenting and demonstrating the Sonic R. System. Every post should be completely understandable and offer something to other Sonicers.

-tah
  • #53,824
  • Jul 17, 2013 8:34am Jul 17, 2013 8:34am
A. Quiet rise in the Asian Session...
B. Move to resistance area.
C. Shake Out ...


Inserted Video


and viola..


Sonic
  • #53,825
  • Jul 17, 2013 8:37am Jul 17, 2013 8:37am
Quoting sonicdeejay
A. Quiet rise in the Asian Session... B. Move to resistance area. C. Shake Out ... http://www.youtube.com/watch?v=L7_jYl8A73g and viola.. Sonic
I don't know. You must be a newcomer here. Every post should ID the pair or pairs talked about. Please comply or have your posting privileges revoked.

-tah
  • #53,826
  • Jul 17, 2013 8:40am Jul 17, 2013 8:40am
Quoting futurespeter
{quote} GU short trade: added short #4, scout. PVSRA shows MM’s pushed price up above full/ quarter number on highest volume: MM's are bears and acting in advance of high impact releases at 10:30 London time.. {image}

Adding shorts as it rises not wise,at least for a sign of weakness ,,Patience is the most priced asset for a trader..


Sonic
  • #53,827
  • Jul 17, 2013 8:41am Jul 17, 2013 8:41am
Quoting traderathome
{quote} I don't know. You must be a newcomer here. Every post should ID the pair or pairs talked about. Please comply or have your posting privileges revoked. -tah

Sorry Newbie here..

Sonic
  • #53,828
  • Jul 17, 2013 8:42am Jul 17, 2013 8:42am
YEN Pairs, MMs Bulls or Bears?

As an example, view the Day chart for EJ. Two clues: rising wedge (bearish), and dropping volume on most recent hike in price (bearish). The latter is caused by the bear MMs pushing up price to sucker in longs so they can get more short orders filled. They are running out of sucker longs. The former is just the resulting charting technical.
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  • #53,829
  • Jul 17, 2013 8:50am Jul 17, 2013 8:50am
YENS Pairs, MMs Bulls or Bears?

Using EJ as an example, there is a pending Head & Shoulders formation. Once it goes into "play" EJ is targeted to drop to 14.00........

The logical reason for such growing strength in the YEN is that the Japanese will have finally figured out how to build and administrate a safe nuclear reactor.
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  • #53,830
  • Jul 17, 2013 8:51am Jul 17, 2013 8:51am
Quoting traderathome
{quote} AU Short Trade: added shorts #17 thru #19, Scouts. M1 PVSRA shows US open MMs rammed the price up on high volume, followed by higher levels of trading than before, indicating they are bears pushing up the price to add shorts. Adjusted TP. In the bigger picture, on the Day chart, we can see lower highs, and as the MMs pushed up the price most recently we can see lower volumes which indicates the bear MMs are exhausting the liquidity to get their short orders filled. {image} {image}
You are like a machine gun!
insanity: Doing the same thing over... and expecting different results -AE
  • #53,831
  • Jul 17, 2013 8:58am Jul 17, 2013 8:58am
Quoting qFish
{quote} You are like a machine gun!
AU:

Like Islander, I am a sniper. But I use a shotgun! I think by bullet pattern on GU was the best today.
  • #53,832
  • Jul 17, 2013 9:00am Jul 17, 2013 9:00am
Quoting traderathome
{quote} CHFJPY Short Trade: Added shorts #2 and #3, Scouts. Basically, the YEN pairs are bearish and the MMs are setting up for a run for profits, maybe this week. Set TP. {image}
How do you know when they are setting up for a run for profits? Im sorry, the reason im confused was because you said the following a few weeks ago


Quoting traderathome
{quote} Why are you asking this question? Have you not read all that has been written already on PVSRA? The statement that answers the question has been repeated many times over already because it is fundamental. Ok, for you and for every other lazy student...... ....we can know if the MMs are bulls or bears, but we can never know when they will start their run for profits! {image}
  • #53,833
  • Jul 17, 2013 9:03am Jul 17, 2013 9:03am
Quoting fex
{quote} For me, maybe it's too early to know. Maybe tomorrow we know ... PS: If this is a farce, at least it is nice. {image} {image}
Does the doubt is resolved?
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Newbie trader
  • #53,834
  • Jul 17, 2013 9:06am Jul 17, 2013 9:06am
Quoting mouldy
{quote} How do you know when they are setting up for a run for profits? Im sorry, the reason im confused was because you said the following a few weeks ago {quote}
The higher the bear MMs drive prices, while taking the highs of each cycle up as their primary price areas to add shorts, you can't know when the process will end, but in this case the pattern of new highs and the pattern of volumes at the highs looked to me as though the MMs were "topping out" so to speak. I might have misspoken because we cannot ever know when the reversal to the Run for Profits will happen. After saying what I said, the bear MMs could have gone on a refreshed new building phase, taking the price way higher.
  • #53,835
  • Jul 17, 2013 9:06am Jul 17, 2013 9:06am
Quoting traderathome
{quote} AU: Like Islander, I am a sniper. But I use a shotgun! I think by bullet pattern on GU was the best today.
Sniper with a shotgun. Nice. You know you can't eat a deer after you've buck shot the hell out of it right? lol
insanity: Doing the same thing over... and expecting different results -AE
  • #53,836
  • Jul 17, 2013 9:08am Jul 17, 2013 9:08am
Quoting traderathome
YENS Pairs, MMs Bulls or Bears? Using EJ as an example, there is a pending Head & Shoulders formation. Once it goes into "play" EJ is targeted to drop to 14.00........ The logical reason for such growing strength in the YEN is that the Japanese will have finally figured out how to build and administrate a safe nuclear reactor. {image}

Until that happens, shouldn't we be looking for a head and shoulders pattern but with two heads not one?
  • #53,837
  • Jul 17, 2013 9:13am Jul 17, 2013 9:13am
Quoting traderathome
{quote} The higher the bear MMs drive prices, while taking the highs of each cycle up as their primary price areas to add shorts, you can't know when the process will end, but in this case the pattern of new highs and the pattern of volumes at the highs looked to me as though the MMs were "topping out" so to speak. I might have misspoken because we cannot ever know when the reversal to the Run for Profits will happen. After saying what I said, the bear MMs could have gone on a refreshed new building phase, taking the price way higher.
Ahhh, i get the 'topping out' bit. I may have taken you a bit too literally when i first read about you talking about the run for profits. ;p
thanks for clearing the air!
  • #53,838
  • Jul 17, 2013 9:16am Jul 17, 2013 9:16am
Quoting traderathome
{quote} UJ Short Trade: Added short #3, Scout pending order that executed while I slept. Adjusted TP. {image}
UJ Short Trade: Added shorts #4 and #5, Scouts. Short #4 was a pending order executed while I slept. I just added #5 because the MMs are clearly bears and have just pulled back the price above the 1/4 SR to add more shorts. Adjusted TP.
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  • #53,839
  • Jul 17, 2013 9:27am Jul 17, 2013 9:27am
PVSRA, CHFJPY: Bulls or Bears?

Interesting M1 chart. Just look at the frantic up/down price manipulations by the MMs as they scurry to add shorts above the 3/4 number. If these bear MMs manage to hike the price to the upper whole SR area again, I intend to add to my short trade.
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  • #53,840
  • Edited 9:54am Jul 17, 2013 9:31am | Edited 9:54am
Quoting Porkpie
{quote} Until that happens, shouldn't we be looking for a head and shoulders pattern but with two heads not one?

Wow - a blast from the past has called in - I trust you are well and still banking pips

Here's my No Pic, No Post......UJ's been the smoothest and easiest to trade all day.......patience and the dragons at S&R = pips

Edit: not much patience on my last one as the DP held (the magenta level) and bounced price up the MR 1 (green level) in four minutes.....

Edit: nor for the next swing up to the R 1 (blue dashed level) seven minutes and I am not trading any more - way too much fun for a hot afternoon.....
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