Sonic R. System

Market Comment

Sonicers,

Remember, in the "unregulated" forex market, there are no laws against insider trading. Also, keep in mind the probability that influential ones within the "big boys" network of trading already know all they need to know in order to know the best way to move prices as the upcoming releases happen. Therefore, whatever they are doing, and have been doing, is with knowledge. They aren't just playing around until the releases, at which time they will figure out what to do. No sirs!

Lucy Furr,

You joined FF and the Sonic R. System just eleven days ago. And already you are knowledgeable on PVSRA? That's what I call real "hopium".

You have your style(s) of trading and PVSRA might not fit in, or at least you might not be all that interested in partaking of it. Ok and fine. And I acknowledge you seem kind and best wishing. It would be bad manners, however, to slight that which is responsible for enabling Sonicers, both new and old alike, to turn the tables on the MMs.

-tah

LOL

Trouble Creating Trollers Trashed.....

This thread is clean for about 24 hours now of those that "trolled to create trouble". Seems they might have been "trashed".

Do not forget that if there is a buyer, there is also a seller. If everyone is buying, who do you think is on the other side? Otherwise, prices would have already gotten to 1.37 on EU and continued to the moon. Sellers on the other side folks. And who has the power to stop such a spike? I know it's not retail traders. That is why spikes stop moving each time it goes to new levels. This is the perfect time for them to sell the hell out of EU as everyone jumps on the long bandwagon. In the end, they have attained short orders at the highest wholesale prices, which moves their average price up. BEARs love short orders at higher prices. And you know that MMs build position over time. They also have big pockets to absorb the market's direction. In the end, a trend up will make MMs short, while a trend down will make them long. Think about it. It's their role in this business and it's how they make money. They do not trade singles like most retail traders do. All that matters is their average price.

-qFish

Price is still going south. Stick with pyramiding. We can't and will never be wrong because we can read MM minds.

GJ: Closed with average of 22.8 pips over 3 trades for a total of 68.4 pips. Opening up more scouts for EU, in case it keeps building with a target position at the 37 historic and whole SR level.

Yeah, I'm riding this one too. Closed AU and GJ for early profit to open up room for my EU trade. The big daddy trade needs more attention now.

GBP-AUD Bearish Short price pushed up with high volume to quarter number 1.7325
Price pushed down with low volume Dragon is making a small turn bearish on 15 min chart.

GU , AB=CD pattern

Totally agree, but what if buyers/sellers are the Central's bank and they are not going to make money on it?

Then we are in a predicament aren't we :-)

Everybody want make money. But i think, our opponents are comerical banks, etc...

They have printed money. They have a lot of time also, they can wait. Maybe own some quantum supercomputers to aid. If we look to the retail traders sentiment, (OANDA) GBP/USD long 30.88% short 69.12% EUR/USD long 23.69% short 76.31%, that is their indicator. It is only my speculation.

I see the banks can change the price of forex.
Just simple thinking, Who keep money ? Who can change the price in forex ?
when the bank said they not enough USD for payment and etc., so the USD rise. When USD rise, they said they have a lot USD now, they do not need any more. And USD fall, of course, retail traders get big loss. They do action push price up to lure trader and chessmate.

I hope not, but better to keep in mind this possibility as well...

Well, there are many ways to make money.
But purpose of CB's is to provide its economics with better conditions.
If currency will stay weaker then exporters will get more competitive advantages and ability to sell more goods at export markets and as consequent to pay more taxes as well.
So State of CB will make money on it...
Or if country debt is very high every pip in currency price could save them much more bigger money with next one payment.
Etc....

Tah,

It would be foolish for you to equate my joining time at FF with the time taken to read, and understand PVSRA, and general market experience. I have seen the time and effort you have taken to compile it over many months. I have also seen what you have done in the years prior with Sonic.

I have my own method, based on Andrews action & reactions (the method is over 70 years old and still rocks!)and am more than happy with that for account building purposes, however it uses 60m and 4h time frames. I therefore have some spare time during the day waiting for entries and positions to mature. Specifically for 3 hours around the London open. I have only committed to joining FF, and to Sonic, to follow up on what Islander is doing in the small time frames for London trading. I definitely have no interest in PVSRA.

I am, or was, one of those MM's that you seem to blame for all your trading problems, s/l's taken out, whining all the time about how bad, and evil we are, placing all your frustrations upon us, etc for over 20 years. Now I trade from home. With 3~4 hours free to participate in the London session, I'm just interested to participate in the forum only that basis.

I see no Sonicers on the thread, just PVSRA students. Just as I do not go and 'troll' the Elliot wave, or Fibonacci threads, I am more than happy to stay away from the nuances of PVSRA, and certainly am not 'trolling'. However when a market has risen for two weeks, nearly 5 handles, and the students say it's still bearish, because the 1 minute vol is going up and is claimed as showing sellers, I just have to call a spade a spade. High volume bars when the market is going up does not always mean they are 'sneaky manipulative MM's screwing you over. Maybe they are just buyers.But then that wouldn't fit in with your conspiracy theories. The comments you have made regarding MM's is hilarious, and so far from the truth, that I have to continually bite my tongue from saying something.

This is where I started my FX career, not in those exact dealing rooms, but one similar to it, and I know some of the people in the video. So yes, I'm an old cranky bast**d. Let's pass on that for the moment.



Just exactly where, in the video, do you see the MM's watching the 1 min chat and worried about the retail guys are doing. They don't care. They are just shuffling money back and forward, searching for liquidity. If you are getting stopped out frequently then it's probably because you're just on the wrong side of a trade. We don't go and look at retail accounts with 3,000$ and then actively move the market to get a such a tiny s/l triggered. That is just silly. If you're getting washed out of a trade it's because a bigger guy than you had the same order and he got taken out. He was wrong and you were wrong.

Eventually we got EBS, and other screen trading capability, so there is less calling in and out, but the basic's of the job haven't changed. So please stop the whining drivel about how the MM's are personally targeting and picking on you. You, and your account, and your stops (when you had them) are not that important in the scheme of things. If you're are getting stopped out, then you had the wrong trade/read on the market, along with others. Simple. You were wrong.

I showed some London session trading (based on Islanders work) on how you can capture 2 or 3RR in a session, also using volume, but not PVSRA. Maybe it isn't to everyone's taste, but it is an alternative method. Why sit on 2 weeks of tiny draw down when you can pirate (thanks Islander) some pips in a session.

Seriously, if you're so built up to making PVSRA a cult, with you as the single authority on it, then you should change the thread to PVSRA, as there is very little Sonic trading posted. Many times you are placing PVSRA trades exactly the opposite to what the Sonic Classic entry would be. Confusing to say the least. You should also get rid of the Dragon as it is superfluous on your charts under PVSRA. I'm cool with you making it a 'don't argue, this is PVSRA only thread', just don't call it a Sonic thread (sorry I sound like the previous troll but no other way to frame it)

Islander, it was fun, but I'm not going to drink the Kool-aid from TAH. I wish you the best and thanks for posting your trading strategy. Hope I was able to add some value to it.

Agree, as soon as I have found how does PVSRA works the indicator of sentiments comes to me with it's pure powerful sense.

Well spoken

H.