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Sonic R. System

  • #56,921
  • Edited 6:29am Aug 20, 2013 5:36am | Edited 6:29am
Update view EU
http://wp.me/p3N6R9-mX

& GU
http://wp.me/p3N6R9-nb

& UJ
http://wp.me/p3N6R9-nj

& SP500
http://wp.me/p3N6R9-lo
500euroalgiorno.wordpress com
  • #56,922
  • Aug 20, 2013 5:45am Aug 20, 2013 5:45am
Quoting Islander
{quote} agreed, a quick dollar sell off at the first US open - but so far a HL..... I closed another UJ short in the spike down to the MS 2 level at 97.06 - the US guys are really perky this morning
and how! - the dollar's drop pushed € up above its June high of 1.3415 and then UJ took off, putting it into harmony with € and so the multiplyer kicked in in €urJpy which then shot up 890 (89) pips in 28 minutes.....as this rarely happens, I was a bit slow buying €J - but I did bank some in the very high activity 1m spinning top that hit the **75 / RDH levels
Attached Image (click to enlarge)
Click to Enlarge Name: aug 20 uj 1m 0745 gmt.png Size: 40 KB
Trading Levels with WRBs
  • #56,923
  • Aug 20, 2013 5:58am Aug 20, 2013 5:58am
Crazy day, drawdown 25%
UJ long
EU short
GU short
  • #56,924
  • Edited 6:11am Aug 20, 2013 6:00am | Edited 6:11am
Quoting RuslanHowp
Crazy day, drawdown 25% UJ long EU short GU short

your trading FAR TOO BIG POSITION SIZE if that's the case

if you want to keep averaging against the trend then you should be trading comfortably like this

Quoting daxiongxiong
{quote} EU 37 positions opened. Probably will open more up to xxx positions as price goes up. The drawdown is still <1% for this pair. I can afford >5%. TAH usually max at 30 positions. {image}
  • #56,925
  • Edited 6:46am Aug 20, 2013 6:14am | Edited 6:46am
Quoting revoli
{quote} Just wondering if you are straying off the PVSRA path into what your gut is telling you. Stick to the plot; trade what PVSRA tells you to avoid the traders (mm's) plot sticking it to you. Simples.
Yes, Sticking My Neck Out

Like I said, it is sticking my neck out. I do see bull indications from PVSRA on UJ and the lack thereof on other YEN pairs. And I feel the upcoming USD releases are the key. Maybe the MMs plan on driving UJ up a lot then, and other YEN pairs only a bit.

I said last week that it looked like the MMs were running YEN pairs in ranges so as to disguise the fact they were shorting within the ranges on all but UJ. I see via PVSRA that sort of (deception?) thing continuing.

Here, it looks like the MMs are building shorts on AJ (stronger thrusts are down), and building longs on UJ (stronger thrusts are up)........with price action so similar that one might not see this, except for PVSRA. And maybe I am imagining this. I could be wrong. I have been before.

Edit:

Now look at the second pair of pictures. On AJ, after the Pump & Dump, the bear MMs pushed the price back up and have been keeping it up (above whole SR and above MS2), while continuing to build shorts. On UJ, after the buying drive up, the bull MMs pushed the price right back down and resumed heavier trading at the lows, again! PVSRA is indicating the MMs are bulls! I am not ignoring these PVSRA indications in favor of "traditional" relationships. Not with these USD releases coming, and not with knowing how manipulative and deceiving the MMs can be.
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  • #56,926
  • Aug 20, 2013 6:21am Aug 20, 2013 6:21am
EU very bearish. But MMs still have time to push price higher.
Attached Image (click to enlarge)
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  • #56,927
  • Aug 20, 2013 6:22am Aug 20, 2013 6:22am
Hey all,
I'm testing oanda clouds....
Time to take S GBP/USD 1.5760 - end of area
London boys make clouds above 1.58.
I think this is fake.
  • #56,928
  • Aug 20, 2013 6:29am Aug 20, 2013 6:29am
Quoting Adis
EU very bearish. But MMs still have time to push price higher. {image}

Please tell me what you see as 'very bearish' about this chart...? Yes, exactly, nothing!
  • #56,929
  • Aug 20, 2013 6:31am Aug 20, 2013 6:31am
Quoting Lucy Furr
{quote} your trading FAR TOO BIG POSITION SIZE if that's the case if you want to keep averaging against the trend then you should be trading comfortably like this {quote}
Increase the deposit until it is too late))
  • #56,930
  • Aug 20, 2013 6:48am Aug 20, 2013 6:48am
Quoting RuslanHowp
{quote} Increase the deposit until it is too late))

If you're going to add to your account, then you should make sure that you add enough in your account to be able to keep averaging shorts until at least 1.3700...

Maybe it may just be the very wise MM's making money from the all the eurusd shorts out there and , like they did at the last swing, take out the weak hands who had their stops within 40 pips from the prior low, and it may stop at 1.3460 and then come back. If it doesn't, and it's not a false break then you will get many opportunities to keep averaging your position at much better levels......

Attached Image (click to enlarge)
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  • #56,931
  • Aug 20, 2013 6:53am Aug 20, 2013 6:53am
Quoting Lucy Furr
{quote} Please tell me what you see as 'very bearish' about this chart...? Yes, exactly, nothing!
It looks like you didn't read all about PVSRA. And as we know, tommorow will be released FOMC minutes and it's very importnant for USD. It could starts
" run for profits on EU "
  • #56,932
  • Aug 20, 2013 6:58am Aug 20, 2013 6:58am
Quoting loeil
{quote} EU Short Trade: Added short #21 -#23 MM just pumped the price up after Lo. Looking for better shorts. I will intend to add more shorts if they pump it again. {image} {image}
EU Short trade: Added short #24 - #29

Will see is this pump the final before the USD high impact releases.
Attached Image (click to enlarge)
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Whatever is obvious is obviously wrong!"
  • #56,933
  • Aug 20, 2013 6:59am Aug 20, 2013 6:59am
AU Comment

Dragon crossed down thru Trend on H1. Here is the bear MMs pull back to add shorts. Planting opportunity.
Attached Image (click to enlarge)
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  • #56,934
  • Aug 20, 2013 7:00am Aug 20, 2013 7:00am
Quoting Lucy Furr
{quote} If you're going to add to your account, then you should make sure that you add enough in your account to be able to keep averaging shorts until at least 1.3700... Maybe it may just be the very wise MM's making money from the all the eurusd shorts out there and , like they did at the last swing, take out the weak hands who had their stops within 40 pips from the prior low, and it may stop at 1.3460 and then come back. If it doesn't, and it's not a false break then you will get many opportunities to keep averaging your position at much better...
Thank you, Lucy!
I will consider the next sowing. Now that would make it to 13700 to make too much (especially if the other pair will go into minus.
  • #56,935
  • Aug 20, 2013 7:01am Aug 20, 2013 7:01am
Quoting Adis
{quote} It looks like you didn't read all about PVSRA. And as we know, tommorow will be released FOMC minutes and it's very importnant for USD. It could starts " run for profits on EU "

At this time, EU is very hard to trade with PVSRA. That's reason there are many diffenrent ideas about this pair.
As I see, all pairs went fluently and right way, but EU is not. We can not know when MMs stop challenging Sonic-ers' patience.
Keep learning until you die :-)
  • #56,936
  • Edited 7:18am Aug 20, 2013 7:04am | Edited 7:18am
Quoting traderathome
{quote} Yes, Sticking My Neck Out Like I said, it is sticking my neck out. I do see bull indications from PVSRA on UJ and the lack thereof on other YEN pairs. And I feel the upcoming USD releases are the key. Maybe the MMs plan on driving UJ up a lot then, and other YEN pairs only a bit. I said last week that it looked like the MMs were running YEN pairs in ranges so as to disguise the fact they were shorting within the ranges on all but UJ. I see via PVSRA that sort of (deception?) thing continuing. Here, it looks like the MMs are building shorts...
Yes, Sticking My Neck Out

See what I mean? PVSRA.

I am not going to place "traditional relationships" of pairs higher than PVSRA, because PVSRA indicates what the MMs are actually doing, real-time! And I stuck my neck out on this one for only one reason. The MM's deception here on UJ, giving it price action "similar" to the bearish price action of other YEN pairs is so clever that it will go unnoticed by many. I just thought that putting the idea out for folks to consider would be a help. Anyone can consider it and decide for themselves.
Attached Image(s) (click to enlarge)
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  • #56,937
  • Aug 20, 2013 7:05am Aug 20, 2013 7:05am
Quoting Adis
EU very bearish. But MMs still have time to push price higher. {image}
Absolutely correct....
Adis..
  • #56,938
  • Aug 20, 2013 7:11am Aug 20, 2013 7:11am
Quoting Lucy Furr
{quote} If you're going to add to your account, then you should make sure that you add enough in your account to be able to keep averaging shorts until at least 1.3700... Maybe it may just be the very wise MM's making money from the all the eurusd shorts out there and , like they did at the last swing, take out the weak hands who had their stops within 40 pips from the prior low, and it may stop at 1.3460 and then come back. If it doesn't, and it's not a false break then you will get many opportunities to keep averaging your position...
I'm with you on this.....when I pulled-up this chart two hours ago, € had turned down from the 3400 level and so my PVP 2 area had ??s by it. Now I'm getting ready to remove them - price staying above that level and later breaking above the 3450 level will confirm.

Even IF tomorrow evening's FOMC Meeting Minutes are positive for the dollar, a further 100 or 200 pip EurUSd rally into the release is very possible.....TWT
Attached Image (click to enlarge)
Click to Enlarge Name: aug 20 € hrly 1400 gmt.png Size: 45 KB
Trading Levels with WRBs
  • #56,939
  • Aug 20, 2013 7:30am Aug 20, 2013 7:30am
Quoting trihhnguyen
{quote} At this time, EU is very hard to trade with PVSRA. That's reason there are many diffenrent ideas about this pair. As I see, all pairs went fluently and right way, but EU is not. We can not know when MMs stop challenging Sonic-ers' patience.
PVSRA, EU: Bulls or Bears?
Attached Image (click to enlarge)
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  • #56,940
  • Aug 20, 2013 7:32am Aug 20, 2013 7:32am
Quoting Adis
{quote} It looks like you didn't read all about PVSRA. And as we know, tommorow will be released FOMC minutes and it's very importnant for USD. It could starts " run for profits on EU "

For your account health I certainly hope that your right. I have read the PVSRA documents but I politely choose to discard it as I see no long term value in it, and put it in the bin along with Elliot, Gann, Fibonacci etc. Picking 1 minute bars to gauge if the market are buyers or sellers in the big picture just isn't for me. I'll use it for a mornings trade set-up, but do you really think a 1 minute bar 2 weeks from FOMC has any value at all? Show me where are the bearish sell signals in the 60 minutes? Just just buyers, buyers, buyers. If they are pushing the market up to sell it before FOMC, then why don't you buy with them over the past 2 weeks, and with the 500 'real pips' profit then just sell it now and walk away.

Where is the stopping volume? The sellers haven't shown up yet, and personally, for me, I prefer to wait for them to show up, rather than just use 'hopium'.

Attached Image (click to enlarge)
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Keep averaging and you will make money provided your account is big enough, and your position size small enough. Even a broken watch is correct twice a day.

I really do hope you will prove me wrong after FOMC , I wish your account no harm.
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