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Sonic R. System

  • #58,821
  • Sep 11, 2013 10:57am Sep 11, 2013 10:57am
Quoting dcmb
Hello guys, The new template does not have pivots anymore (those R1, R2, S2, M1, etc.). Any suggestions on how / when / where to take profits? Thanks. {image}
You bought EU, very smart move, but be careful because MMs are bears on EU.

There are pivots with new template, open Sonic Control Panel properties and just turn pivots on
Whatever is obvious is obviously wrong!"
  • #58,822
  • Sep 11, 2013 11:04am Sep 11, 2013 11:04am
Quoting traderathome
{quote} You are wrong! Read the user notes in the indicator compiles as you were instructed to do in the releasing post linked in post #1!
I did read and just read again. Are you referring to "PivotsTz"? Which I need to turn it on myself?

And mentioning about the user notes, both the user notes in PVA Candles and PVA Volumes are the same - both showing PVA Volumes. Are they supposed to?

Thanks.
dc
  • #58,823
  • Sep 11, 2013 11:09am Sep 11, 2013 11:09am
Quoting loeil
{quote} You bought EU, very smart move, but be careful because MMs are bears on EU. There are pivots with new template, open Sonic Control Panel properties and just turn pivots on
Thank you loeil.

My first take on the Classic. Have not go into PVSAR yet.

Not really a smart move. The entry was too early. I was -100+ at the beginning.
I overlooked the wave analysis.
  • #58,824
  • Sep 11, 2013 11:10am Sep 11, 2013 11:10am
Quoting dcmb
{quote} I did read and just read again. Are you referring to "PivotsTz"? Which I need to turn it on myself? And mentioning about the user notes, both the user notes in PVA Candles and PVA Volumes are the same - both showing PVA Volumes. Are they supposed to? Thanks. dc
Read and experiment with the inputs. Is it going to kill you to do that much to answer all your own questions?
  • #58,825
  • Sep 11, 2013 11:11am Sep 11, 2013 11:11am
Quoting dcmb
{quote} I did read and just read again. Are you referring to "PivotsTz"? Which I need to turn it on myself? And mentioning about the user notes, both the user notes in PVA Candles and PVA Volumes are the same - both showing PVA Volumes. Are they supposed to? Thanks. dc
I use those.
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Whatever is obvious is obviously wrong!"
  • #58,826
  • Sep 11, 2013 11:11am Sep 11, 2013 11:11am
Quoting traderathome
{quote} Read and experiment with the inputs. Is it going to kill you to do that much to answer all your own questions?
LOL.
  • #58,827
  • Sep 11, 2013 11:12am Sep 11, 2013 11:12am
Quoting loeil
{quote} I use those. {image}
Many Thanks. Will try them.
  • #58,828
  • Edited 11:33am Sep 11, 2013 11:13am | Edited 11:33am
Quoting traderathome
{quote} EU: Bulls or Bears? Yes, but it is a deception, a sham! See the incredible volume for the bar after the spike? The MMs drove up the price so they could do some heavy selling at the attained highs. Bears! I just love it when PVSRA gives such clear indications! {image}
Quoting traderathome
EU: Bulls or Bears? MMs do not hike the price on themselves before resuming heavy trading to build longs! They obviously are building their short positions. {image}
EU: Bulls or Bears?

Told cha! Pump & Dump! The MMs are bears. They manufactured bullish PA to suck in longs and stop out shorts, creating market liquidity they could use at the top for adding more shorts of their own! Having exhausted that liquidity for now, their continued shorting is driving the price back lower. On a larger scale, a direction change may be what the MMs are brewing up.....
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  • #58,829
  • Sep 11, 2013 2:10pm Sep 11, 2013 2:10pm
AU: Added EP 31 as MM's push prices to new highs for better shorts.
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insanity: Doing the same thing over... and expecting different results -AE
  • #58,830
  • Sep 11, 2013 2:20pm Sep 11, 2013 2:20pm
I'm closing GU as I don't see any future in shorting it yet, losing about 2600 pips (8%). I think it go up to 1.60 and that's what I want to avoid as it would double my loss. I still believe that some concepts of pvsra are good ones, but as it comes to trading it tells about bulls or bears that early, that if you enter the market you could wait for too long. I will be still using some of this kind of analysis but also want to add other vsa concepts which Lucy Furr tried to sneak here in, but as I found they are in many ways contradictory giving opposite signals thus I want to ground my research on "Trades about to happen" by David Weis. I will try to give as much as I can to help develop pvsra and maintain it's good results.

Here is a UJ daily chart showing possible reversal as price bounce of rising wedge and a channel upper lines, it didn't made any false breakout with higher volume what should be much more in favor of bears, but still if tomorrow is another decent down bar/candle it will tell us the story about UJ. Note the decreasing volume as the price is rising and volume is smaller and smaller - there is no interest in higher prices.
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I'm afraid GU may go even higher before run for profit begins and that's why I'm holding EU long as it's correlated.
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I have another short on AU, relatively small, although already in drawdown of 3%. Also I'm holding UJ, EJ, GJ shorts and I'm pretty sure about them (about 17% DD).
Wish you luck
Pips in Wonderland
  • #58,831
  • Edited 2:44pm Sep 11, 2013 2:26pm | Edited 2:44pm
Quoting neosb
I'm closing GU as I don't see any future in shorting it yet, losing about 2600 pips. I think it go up to 1.60 and that's what I want to avoid as it would double my loss. I still believe that some concepts of pvsra are good ones, but as it comes to trading it tells about bulls or bears that early, that if you enter the market you could wait for too long. I will be still using some of this kind of analysis but also want to add other vsa concepts which Lucy Furr tried to sneak here in, but as I found they are in many ways contradictory giving opposite...
GU: Bulls or Bears?

Note the most recent MM's activity. Also note, that all activity shown is above the whole number SR. PVSRA indicates the MMs are bears, ever seeking the highest prices within their manipulated ups and downs for their heaviest trading, trading at those highs and coming down off of those highs. These are clear indications.

But yes, we cannot know how the MMs will manipulate prices nor for how long in any direction. There are clues the drive up by the bears building shorts might be near an end. On H4, today has been a day of more concentrated activity, the most concentrated since the previous bottom, 400 pips lower! Also, this last bar up is off hours trading. This is a time the MMs manipulate prices to where they want them since it is easiest to do so. And where did they push price? Back up, for more shorting 400 pips above the last lows! Within the next 24 hours there are four high impact releases, too!

These are clues things might be coming to a head.
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  • #58,832
  • Sep 11, 2013 2:53pm Sep 11, 2013 2:53pm
NU Opportunity

In about an hour, at the end of this forex day session, there will be three of four scheduled NZD high impact releases. Note that the MMs, late in the US session, have pushed the price above the previous HOD (High of Day) to continue their position building. Since they manipulated the price back up to do the rest of their trading today, obviously they are adding shorts.

In about an hour, even though one high impact release will not occur until about 4 hours afterwards, the price might start dropping. We cannot know this for sure, but this seems a good planting opportunity for position builders.

Also, see that on the Day chart, the MMs have pushed the price back up to a very significant SR area,.....in an overall down trend!
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  • #58,833
  • Edited 3:24pm Sep 11, 2013 3:11pm | Edited 3:24pm
Quoting traderathome
{quote} UJ Classic Short Setup MMs sold off heavy for the second time, and are now pushing the price back up on lighter volume for the second time. This is the typical up/down price manipulation the MMs do when position building. So, they are continuing what they've been doing for a very long time now (building short positions), only now it looks more like the trend reversal of this YEN pair "standard bearer" is underway. If it is, the other YEN pairs will inevitably be following. I am not further adding to this pair. I am just waiting for the...
UJ Classic Short Setup

With less than an hour remaining in the current forex day, the MMs have shorted this back to LOD (Low of Day). Now they are faced with the decision to try and push the price back up....giving others a good opportunity to jump in short, or letting the cat out of the bag and simply continuing to short this in the face of diminishing liquidity for shorting. Or maybe they will reduce their shorting now to whatever the incoming shorting liquidity allows, so as to not push the price significantly lower.

This is interesting because what they do now might be a measure of how desperate they are for more shorts, which in turn might be an indication of how close things are to this coming to a head,....meaning rapid fire downside. Not likely anything like that would occur prior to tomorrow's LS, or even Friday's, but we cannot know this sort of thing for sure. Early "sneak attack" moves are within the MM's bag of dirty tricks.
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  • #58,834
  • Sep 11, 2013 3:21pm Sep 11, 2013 3:21pm
Quoting traderathome
NU Opportunity In about an hour, at the end of this forex day session, there will be three of four scheduled NZD high impact releases. Note that the MMs, late in the US session, have pushed the price above the previous HOD (High of Day) to continue their position building. Since they manipulated the price back up to do the rest of their trading today, obviously they are adding shorts. In about an hour, even though one high impact release will not occur until about 4 hours afterwards, the price might start dropping. We cannot know this for sure,...
I can backup this analysis with some theory.

As prices goes up and the subsequent distance between highs is getting smaller, and the volume on this highs is significant, then there is sign that the trend may change and that we need to look for other signs of weakness to enter short. This is called shortening of the thrust. Hope this could help someone in placing better scouts.
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Pips in Wonderland
  • #58,835
  • Edited 3:49pm Sep 11, 2013 3:31pm | Edited 3:49pm
Quoting neosb
{quote} I can backup this analysis with some theory. As prices goes up and the subsequent distance between highs is getting smaller, and the volume on this highs is significant, then there is sign that the trend may change and that we need to look for other signs of weakness to enter short. This is called shortening of the thrust. Hope this could help someone in placing better scouts. {image}
A Whopping Contribution to PVSRA

neosb,

This looks better than just theory. This is exactly in line with the kind of price manipulation the MMs engage in. You have presented a new aspect of the MM's price manipulation. I dare say, this looks to be an absolute gem, neosb, because this is squarely objective, not subjective! This is another facet of the PVSRA many faceted diamond, which you have just contributed. This is no small contribution, either!

Shortening of Thrust is a little detail we need to be on the lookout for.

I Sincerely Thank You,
-tah
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  • #58,836
  • Sep 11, 2013 4:15pm Sep 11, 2013 4:15pm
Quoting traderathome
NU Opportunity In about an hour, at the end of this forex day session, there will be three of four scheduled NZD high impact releases. Note that the MMs, late in the US session, have pushed the price above the previous HOD (High of Day) to continue their position building. Since they manipulated the price back up to do the rest of their trading today, obviously they are adding shorts. In about an hour, even though one high impact release will not occur until about 4 hours afterwards, the price might start dropping. We cannot know this for sure,...
well that theory kind of backfired here a bit!
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There is no spoon....
  • #58,837
  • Sep 11, 2013 4:18pm Sep 11, 2013 4:18pm
Quoting Islander
A couple of years ago a group of us specialised in trading the News Releases - before the brokers wised up and started widening their spreads, making re-quotes etc etc - the UK was always thought of as having the least leaked and most accurate data. The UK economy has been improving and only yesterday Jaguar Landrover announced a futher 1,500 new jobs at their Solihull factory. The key now is the old resistance now turned into green support area.......has it been a "buy the rumour, sell the announcement" move - OR will this be another similar...
And today's big news story for GBP was obviously jobs data. MM have priced in an interest rate rise earlier rather than later.

Thanks for today Pip Pirate - you have really active and most inciteful. As ever..
  • #58,838
  • Sep 11, 2013 4:29pm Sep 11, 2013 4:29pm
Quoting Msis125125
{quote} well that theory kind of backfired here a bit! {image}
The off hours planting grounds opened up late last day session were valid. If the MMs hike the price after a release to open higher planting grounds, that does not invalidate the previous. If the MMs had immediately wacked the price after the release, and if you had not already planted, you'd be crying about it.
  • #58,839
  • Sep 11, 2013 4:37pm Sep 11, 2013 4:37pm
Quoting Msis125125
{quote} well that theory kind of backfired here a bit! {image}
as like any theory which meets the reality, but we should now better, and what we know is that MM push the price up to get better shorts. This situation looks like I had lastly, when I entered long EU just before the news release because I saw bull pvsra signal. It didn't worked well immediately but now I'm 100 pip in profit, on average, waiting for more
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Pips in Wonderland
  • #58,840
  • Sep 11, 2013 4:53pm Sep 11, 2013 4:53pm
3 HRS RBZ Gov Speaks!
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Creditors have better memories than debtors.
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