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Sonic R. System

  • #57,441
  • Aug 26, 2013 5:50am Aug 26, 2013 5:50am
Quoting traderathome
{quote} And how do you know that when the MMs push price opposite your entry that it is not proof you were right, and that your trade is indeed a winning trade, not the other way around?! If trades were people, you might get a law suit for slander from a lot of winning trades that you imply to be the other way around! PVSRA, -tah

Well, guess my apologises would have to suffice.
if i am not allowed to add to my winning trades, same follows that i should not add to my losing trades. How do i know when MMs push price?:nerd:..thats a tough one..I know currencies generally trend....sometimes.., and a lot of money is needed to move the markets, except during periods of low volatility..and people LOVE trends...when the move starts, its totally safe to enter at the middle...good money mgt, some economic analysis...if tins go south..you dust yourself up and recover..
It is possible to make large sums trading, small losses, large wins
  • #57,442
  • Aug 26, 2013 5:52am Aug 26, 2013 5:52am
Heard many traders talking about NZDUSD recently, so thought would post a chart and my views on it too

Hope to learn along the way too! So please feel free to comment and criticise on my charts
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  • #57,443
  • Aug 26, 2013 6:03am Aug 26, 2013 6:03am
Quoting akyong
Heard many traders talking about NZDUSD recently, so thought would post a chart and my views on it too Hope to learn along the way too! So please feel free to comment and criticise on my charts {image}
i enjoy watching and taking trades based on the various currency indexes...after a steady decline, i believe we could head up on the NZDUSD, maybe a 30% - 50% retracement..assuming the central banks dnt say something adverse..

i have attached a screenshot of the nzd index...but taking a long on the nzdusd would be best after PA closes above the EMA..just my 2cents
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It is possible to make large sums trading, small losses, large wins
  • #57,444
  • Aug 26, 2013 7:09am Aug 26, 2013 7:09am
Quick pick trade,,


Sonic
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  • #57,445
  • Aug 26, 2013 7:32am Aug 26, 2013 7:32am
Quoting JRissa
EA short trade EP1 Classic Sonic R with PVSRA support Open positions on 6 pairs = 26 Profit/Loss +13,47€ {image}
EA short EP2 scout.
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I know the secret...
  • #57,446
  • Aug 26, 2013 7:35am Aug 26, 2013 7:35am
Quoting JRissa
{quote} UJ short EP2 Classic Sonic R with PVSRA support. Open positions on 6pairs = 25 Profit/Loss +8€ = ~136pips {image} {image}

UJ short EP3
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I know the secret...
  • #57,447
  • Edited 7:58am Aug 26, 2013 7:41am | Edited 7:58am
GU, EU and AU Comment

Another run at stops on each. The MMs are gearing up (i.e. pushing price up to add more shorts) for downside moves this week. And they could be the moves that entail a lot of downside.

Just my opinion, but these pushes to take advantage of shorters, are Commando Scout insertion opportunities for short position building Sonicers that use PVSRA, and can therefore see for themselves what the MMs are, and what they are doing.
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  • #57,448
  • Aug 26, 2013 7:51am Aug 26, 2013 7:51am
Quoting traderathome
GU, EU and AU Comment Another run at stops on each. The MMs are gearing up (i.e. pushing price up to add more shorts) for downside moves this week. And they could be the moves that entail a lot of downside. {image} {image} {image}

Sir
EU bear??

Inserted Video


Sonic
  • #57,449
  • Edited 8:44am Aug 26, 2013 8:05am | Edited 8:44am
Quoting sonicdeejay
{quote} Sir EU bear?? http://www.youtube.com/watch?v=HCEm9rRr9Lw Sonic
PVSRA, EU, GU, AU: Bulls or Bears?

Yep. My guess (and that is all it is) is that the MMs will use several USD release opportunities to play bull, while building their short positions even more. Eventually they will use a USD release to pull the rug out.

On EU H1 (attached) you can see lower highs (which might or might not hold that pattern), but also note that the volume spikes have also been falling off. The short pickins' is gettin' slim indeed! That is an indication the MMs are bears and are picking away at all of the shorting liquidity available. And that is not even mentioning the several other obvious PVSRA indications on the chart that the MMs are bears!

A little over a week ago the MMs stopped the drop on EU. And why not? Why not use the rest of August to re-hike the price while building more shorts? Take another look at H4 (attached).

The "Dog Days of Summer" and retailers are looking for runs now, but the MMs are just building, for their planned runs later.

EU, GU and AU were all pushed up together earlier by the MMs. Now look at GU M15 (attached) as an example. Does the presence of those long upper wicks look bullish to you?

These pairs, EU, GU, AU.....they are all being manipulated by bear MMs, currently disguised as bulls. They are pushing up prices, not for genuine buying, but (1) to sucker in longs so they can use that liquidity to add more shorts and (2) to stop out existing shorts so they can use that liquidity to add more shorts.

WARNING: Speculative.
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  • #57,450
  • Aug 26, 2013 8:43am Aug 26, 2013 8:43am
Inserted Video



Saw some pops (see circles) ..so am not bearish..


Sonic
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  • #57,451
  • Edited 9:43am Aug 26, 2013 8:52am | Edited 9:43am
Quoting sonicdeejay
Saw some pops (see circles) ..so am not bearish.. Sonic {image}
PVSRA, EU: Bulls or Bears?

What is wrong with bear MMs periodically stopping the drop and popping up the price again to regain higher prices so to add more shorts (liquidity creation via sucking in longs and stopping out shorts)?

Yes, some of these pops can set up as valid long setups. Nothing wrong with trading them that way. The price is ranging however, and the objective of the MMs in keeping the price in the (250+ pips) range is to build! And PVSRA says they are building short! .....and have been all thru August.

The deceiving MMs have been feigning the price as bullish to bring in the liquidity for their shorting that only longs can provide! This has been revealed time and again by PVSRA all month long! It is that bearish view which I refer to, not the short term view of trading the pop-ups.

You can see from my attached M15 that for all the heavy trading on this "pop", the bear MMs only took the price back to the same area the Asian session MMs sold off from earlier today. This is just the US bear MMs hiking the price to do the same thing from the same area. To sell! To sell again, as they sucked in longs and stopped out shorts!

You can also see on the M15 the plausible price manipulation by the MMs to make shorting look attractive to suck in short traders before the pop, with full intent to stop them out later with the pop! Shorters with tight SLs, say "Goodbye." to your trades. The MMs now own them! The deceiving MMs are bears and they are building short positions, plain and simple.

And this deception by the bear MMs is not restricted to EU.
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  • #57,452
  • Aug 26, 2013 9:27am Aug 26, 2013 9:27am
Quoting Islander
@ Lucy Furr GM - I am in bed, playing catch-up on my laptop and last night had been thinking about how in the longer term most pairs are range-bound for the majority of the time - for memory I thought 80% of the time in a 500 to 1500 pip (5,000 to 15,000 pipette) range. Then the big moves happen - 2,000 or 3,000 (30,000 pipettes) - as price moves to another trading range. I too was going to check the daily / weekly UJ chart ......so thanks for making a much better job of it than I could have done Now I can go for a coffee.......
I'm desperately trying NOT to have that image in my mind with you and your laptop!

Curious how a 20+ year veteran of the markets, and still around to trade them, can find some small value in those charts (and there are a lot of clues, subtle but there) but those with a few years or less find them redundant.... here's to our next 20 years pirating and or pimping pips!
  • #57,453
  • Aug 26, 2013 9:29am Aug 26, 2013 9:29am
Quoting traderathome
{quote} PVSRA, EU: Bulls or Bears? What is wrong with bear MMs periodically stopping the drop and popping up the price again to regain higher prices so to add more shorts (liquidity creation via sucking in longs and stopping out shorts)? Yes, some of these pops can set up as valid long setups. Nothing wrong with trading them that way. The price is ranging however, and the objective of the MMs in keeping the price in the (250+ pips) range is to build! And PVSRA says they are building short! .....and have been all thru August. The deceiving MMs have...
I think the MMs have been long through the EU rally during august. When they have a long position on their books they will keep adding to their winning trade if they need to keep the trend going higher. They keep getting longer but as long as their buying can keep the technicals looking good, other traders will buy the uptrend. When they've had enough profit & feel they can't keep pushing prices higher, they dump, stop buying to keep the trend in tact, & let the market decide the next direction before they decide which way they want to try to push the market to create the next trend & push it as far as they can by adding to their book bias.
The small spikes in volume you analyze are MMs adding to push market back up if it starts losing momentum to the upside.

Just my opinion. Could be completely wrong.
  • #57,454
  • Aug 26, 2013 9:30am Aug 26, 2013 9:30am
Quoting sonicdeejay
Quick pick trade,, Sonic {image} {image}
Hi sonic, how you calculate your pips? I see there 12 pips, not 120
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Whatever is obvious is obviously wrong!"
  • #57,455
  • Aug 26, 2013 9:32am Aug 26, 2013 9:32am
Quoting loeil
{quote} Hi sonic, how you calculate your pips? I see there 12 pips, not 120 {image}
10 Lots i believe...
Creditors have better memories than debtors.
  • #57,456
  • Aug 26, 2013 9:38am Aug 26, 2013 9:38am
Quoting ForexSwag
{quote} 10 Lots i believe...
Yeah but he took just one trade. So per trade there is 12 pips.

If I take one 100 lot size trade, I earn still 12 pips, not 1200 pips. Just more money, not more pips.
Whatever is obvious is obviously wrong!"
  • #57,457
  • Aug 26, 2013 9:48am Aug 26, 2013 9:48am
gbpusd 3 dragons

early entry with volume

1st 3 arrows showing sellers turning up to the party, but each time they have found buyers.
4th arrow, wrb down, smallish volume, fails to follow through, next few bars show buyers turning up, so enter

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this would be an ideal long entry area with volume supporting the decision

2nd lowest arrow shows significant selling
lowest arrow shows sellers have dried up and could be an aggressive entry on volume
The green wrb up, that engulfs the prior reds, and pokes above the dragon could be an alternate buy entry for a 3 dragons.

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Price rallies but limited follow through with the from the last green wrb, last arrow. Was looking for 3RR, but closed manually next bar for 2.2RR.

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eurusd volume entry

Heavy activity around the first 3 arrows.
Buyers show up on 4 & 5 candle but missed the entry.
Left a limit order just in case we get another pop lower.

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Eventually got long but price just churned sideways.Maybe it was the UK holiday for the dull session. At the end of my 3 hours price had drifted up and took a 1RR to finish the day.

so +32 real pips, or 320 fantasy (micro) pips.
  • #57,458
  • Aug 26, 2013 9:49am Aug 26, 2013 9:49am
The data on Friday and today was abysmal for USD. If the MM's were really long EU they should have pushed the price easilly through the 1.34, 1.35 round numbers. The MM's trick the buyers showing bullish action to dump even more soon after (see enclosed PA from Friday and today).
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  • #57,459
  • Aug 26, 2013 9:51am Aug 26, 2013 9:51am
Quoting loeil
{quote} Yeah but he took just one trade. So per trade there is 12 pips. If I take one 100 lot size trade, I earn still 12 pips, not 1200 pips. Just more money, not more pips.
correct
  • #57,460
  • Aug 26, 2013 9:55am Aug 26, 2013 9:55am
Quoting srt
{quote} I think the MMs have been long through the EU rally during august. When they have a long position on their books they will keep adding to their winning trade if they need to keep the trend going higher. They keep getting longer but as long as their buying can keep the technicals looking good, other traders will buy the uptrend. When they've had enough profit & feel they can't keep pushing prices higher, they dump, stop buying to keep the trend in tact, & let the market decide the next direction before they decide which way they want to try...
Told Cha! (and this didn't take many hours, either!)

I think the 250+ pips range (with the upwards PA "drift") during August is Distribution staring us in the face! But, hey, we all have opinions and we are entitled to have them.

I'll say this though. The MMs are price manipulators and deceivers. However, for as much as they manipulate prices and attempt to deceive, PVSRA has been doing an outstanding job of showing users what the MMs really are.

See? After all that hoopla, the price is right back where it started from, and the MMs have added nicely to their short positions.
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