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Sonic R. System

  • #60,081
  • Edited 11:20pm Sep 25, 2013 11:06pm | Edited 11:20pm
Quoting Msis125125
{quote} That could be the reason
I don’t trade fundamentals but it is important to know that the japan government is driving a weak currency policy (good for export). I will not buy the yen (= sell the yen pairs) until these policy continues.

We can see in all yen pairs a very long uptrend (weak yen) starting mid of 2012. PVSRA fails in these trend markets. There are no MMs who are buying the yen (PVSRA indicates MMs are bears) since more than 1 year and more than x-thousands pips up. AND I suspect that the PVSRA theory is in middle term trend markets correct as we see actual in GBPUSD and EURUSD. PVSRA says MMs are bears and building short positions. But is that true, is that proven? No, it is a theory, that’s all. The run for profit is also a logical constructed conclusion but not proven, a theory. Who knows really how the MMs are working, do we know if our colored PVA climax/ high volume bars really correct indicating MMs activity?

Low liquidity bars are getting filled most of the time (same as gaps), so may be the MMs are getting closed soon and do not build long term, especially in trending market they are selling the rallys and buying the dips for getting flat. Many things about PVSRA are not sure and only a hypothetical construct.
  • #60,082
  • Sep 25, 2013 11:24pm Sep 25, 2013 11:24pm
Quoting traderathome
{quote} UJ Short Trade: Added short Scout #8 because following good selling today, the bear MMs continued to work the price back up after I added #6-7, back up towards the PVT area which is also a previous SR area and area of consolidation (building). {image}
UJ Short Trade: Stopped out for 86 pips loss. I swear, every time I set a SL, I get stopped out. I don't think I will ever set another one.
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  • #60,083
  • Sep 25, 2013 11:28pm Sep 25, 2013 11:28pm
Quoting traderathome
{quote} UJ Short Trade: Stopped out for 86 pips loss. {image}

Someone with deep pockets caught you.
  • #60,084
  • Sep 25, 2013 11:37pm Sep 25, 2013 11:37pm
Quoting futurespeter
{quote} Someone with deep pockets caught you.
http://www.forexfactory.com/news.php?do=news&id=449518
  • #60,085
  • Edited Sep 26, 2013 12:04am Sep 25, 2013 11:48pm | Edited Sep 26, 2013 12:04am
Quoting dktbigfoot
{quote} http://www.forexfactory.com/news.php?do=news&id=449518

Be assured I know that.

But now (anybody) answer me one question: who did buy and is responsible for these up bars? MMs? Are you sure? Retail traders? Are you sure?
  • #60,086
  • Sep 26, 2013 12:27am Sep 26, 2013 12:27am
hi,
im studying vsa .
and i was read master of market book and also some other document.
but still very confused.
i wonder how many people in this thread trader making consistent profit.
it really tough to learn and follow.
i think only a few trader consistent profit? or maybe im wrong...
i want to hear opinion from other trader.
thanks
  • #60,087
  • Sep 26, 2013 12:37am Sep 26, 2013 12:37am
Silver Trade:

I dabbled in this for the first time. Too manipulated. Anyway, closed for 360 pips gain.
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  • #60,088
  • Sep 26, 2013 12:40am Sep 26, 2013 12:40am
Quoting jasakreatif
hello , take entry and reverse between colour is it possible ? eur took {image}
gu took , green buy

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  • #60,089
  • Sep 26, 2013 12:41am Sep 26, 2013 12:41am
Quoting Msis125125
GU H4 Double Doji {image}
Remember that candles may look a little bit differently on brokers. I don't see any Doji's there.
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Whatever is obvious is obviously wrong!"
  • #60,090
  • Sep 26, 2013 12:50am Sep 26, 2013 12:50am
Yens - I don't see any reason for panic. Just wait when pullbacks ends.
Attached Image(s) (click to enlarge)
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Whatever is obvious is obviously wrong!"
  • #60,091
  • Sep 26, 2013 12:57am Sep 26, 2013 12:57am
Quoting futurespeter
{quote} Be assured I know that. But now (anybody) answer me one question: who did buy and is responsible for these up bars? MMs? Are you sure? Retail traders? Are you sure?
Futurespeter,

I think only MMs, retail traders can give the reasonable answer. We here don't know that and never will. We can just discuss about it

And actually it doesn't matter at all, who cares were they MMs, retail trades etc. That knowing doesn't change anything! Thats why I don't think about it anymore. I'll do my analysis of the chart, what I see.
Whatever is obvious is obviously wrong!"
  • #60,092
  • Sep 26, 2013 1:02am Sep 26, 2013 1:02am
Quoting loeil
{quote} Futurespeter, I think only MMs, retail traders can give the reasonable answer. We here don't know that and never will. We can just discuss about it And actually it doesn't matter at all, who cares were they MMs, retail trades etc. That knowing doesn't change anything! Thats why I don't think about it anymore. I'll do my analysis of the chart, what I see.

Thanks.
  • #60,093
  • Sep 26, 2013 1:10am Sep 26, 2013 1:10am
I have closed my GU and GJ for a loss and will move on to different trades. The news out of Japan that they will cut corporate taxes just puts the possibilities that further upside for the yen are possible. If a classic setup comes to go short I will take it but 25% loss is the most I will accept. This may be the top but I will be here to trade again. I must honor my max loss.
  • #60,094
  • Sep 26, 2013 1:16am Sep 26, 2013 1:16am
Quoting loeil
{quote} Futurespeter, I think only MMs, retail traders can give the reasonable answer. We here don't know that and never will. We can just discuss about it And actually it doesn't matter at all, who cares were they MMs, retail trades etc. That knowing doesn't change anything! Thats why I don't think about it anymore. I'll do my analysis of the chart, what I see.
loeil,

Your post,

"MMs" is just an easy to use abbreviation substitute for the word "they" when referring to any entity, or entities, that might be the driving force behind a moving price. It doesn't matter who "they" are, whether market makers, trading banks, central banks, hedge funds, other trading houses, etc. We won't know who "they" are, and as you said, it wouldn't change anything to know who "they" are. Just trade what you see.
  • #60,095
  • Sep 26, 2013 1:17am Sep 26, 2013 1:17am
GM - On my 1 min charts I'm using two PT-MaPriceAlert indys, one set at the 1m Dragon and the other set at the 5m Dragon proxy (120 ema) with a different sound file.

This alerted me to the hit on the 5m Dragon, so I bought and banked a few pips as the wider green semi marubozo with higher volume hit the **00 level

NB Note that before my Buy, price was falling on LOWER volumes
Attached Image (click to enlarge)
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Trading Levels with WRBs
  • #60,096
  • Sep 26, 2013 1:23am Sep 26, 2013 1:23am
Quoting jasakreatif
{quote} gu took , green buy {image}
loss 4 pips , reverse , red short

Attached Image (click to enlarge)
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  • #60,097
  • Edited 1:47am Sep 26, 2013 1:32am | Edited 1:47am
Quoting Islander
GM - On my 1 min charts I'm using two PT-MaPriceAlert indys, one set at the 1m Dragon and the other set at the 5m Dragon proxy (120 ema) with a different sound file. This alerted me to the hit on the 5m Dragon, so I bought and banked a few pips as the wider green marubozo with higher volume hit the **00 level
Rinse and repeat....

Closed at the MR3 level on higher volumes with small candles.....given the comments coming out of Japan, this may go higher once London Opens.....I'll be watching
Trading Levels with WRBs
  • #60,098
  • Sep 26, 2013 1:53am Sep 26, 2013 1:53am
Quoting Islander
GM - On my 1 min charts I'm using two PT-MaPriceAlert indys, one set at the 1m Dragon and the other set at the 5m Dragon proxy (120 ema) with a different sound file. This alerted me to the hit on the 5m Dragon, so I bought and banked a few pips as the wider green semi marubozo with higher volume hit the **00 level NB Note that before my Buy, price was falling on LOWER volumes {image}

Nice

I feel a challenge for new sound files coming on....
Katte, kabuto no o wo shime yo. Size doesn't matter, leverage is the killer
  • #60,099
  • Sep 26, 2013 1:55am Sep 26, 2013 1:55am
Quoting traderathome
UCad Long Trade: Entered long Scout #1. I consider this a Classic setup, but admittedly one that is before the LS. The PVSRA I have been doing has been indicating the MMs are bulls; another example of USD strength moves coming, and is the reason for my making this entry. Very likely there will come a price pullback, bull MMs looking for lower priced longs. If that happens I might add also. {image}
UCad Long Trade: Subsequent to first post, added long Scouts #2-5. I just closed for 10 pips gain. Too slow, too long.
Attached Image (click to enlarge)
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  • #60,100
  • Sep 26, 2013 1:55am Sep 26, 2013 1:55am
Quoting jasakreatif
{quote} gu took , green buy {image}
What is this red dot line on you templete
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