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Sonic R. System

  • #61,461
  • Oct 29, 2013 10:20am Oct 29, 2013 10:20am
Quoting sonicdeejay
{quote} PA bearish but. Monitoring closely Sonic

Attached Image

After 5 hrs.. later...

Told Cha

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Sonic
  • #61,462
  • Oct 29, 2013 10:24am Oct 29, 2013 10:24am
Quoting jasakreatif
EJ , i prepare for short in the box of asian , if see the same sign {image}

ya...indeed. but.let the PA show..

Sonic
  • #61,463
  • Oct 29, 2013 10:38am Oct 29, 2013 10:38am
EJ Manipulation

This is what I see in this action of Price + Volume + SR, all analyzed together. And I am not trying to justify any bias.

First, the MMs drove the price down on suddenly higher volume. This was done to attract shorters, not as competition for the bear MMs, but as future liquidity for the bear MMs. Next, the bear MMs manipulated the price higher, still on high volume. This was done to stop out the newly entered shorters, any older shorters, and any pending "wrong side" long orders,.....anyone and everyone with SLs or "wrong side" pending orders that could provide liquidity for the bear MMs to get more short orders filled at the highs. And those new highs are all just above a whole number (PVSRA)!
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  • #61,464
  • Oct 29, 2013 10:41am Oct 29, 2013 10:41am
Quoting traderathome
EJ: This is what I see in this PA + volume + SR, and I am not trying to justify any bias. First, the MMs drove the price down on suddenly higher volume. This was done to attract shorters, not as competition for the bear MMs, but as future liquidity for the bear MMs. Next, the bear MMs manipulated the price higher, still on high volume. This was done to stop out the newly entered shorters, any older shorters, and any pending \"wrong side\" long orders,.....anyone and everyone that could provide liquidity for the bear MMs to get more short orders...

Highly possible... If this is just the short filling process.. the truth will show soon..with lower high and bearish dragon...

Until Then Sir..

Gd Nite
Sonic
  • #61,465
  • Oct 29, 2013 10:52am Oct 29, 2013 10:52am
EJ Closed: +150 pips
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Newbie trader
  • #61,466
  • Oct 29, 2013 10:54am Oct 29, 2013 10:54am
Quoting sonicdeejay
{quote} Highly possible... If this is just the short filling process.. the truth will show soon..with lower high and bearish dragon... Until Then Sir.. Gd Nite Sonic
Maybe not so soon. This is NFP week and Wednesday thru Friday could turn out to be a demonstration of just how much in control of prices the MMs really are, and not a demonstration of how well market pricing adheres to realistic relative values.

Seriously, moves happen at the MM's pick and choosing. We know this. And we know that just because there are signs of bulls, or signs of bears, we still cannot know when the MMs will cease manipulating prices to build positions (Accumulation, or Distribution) and get down to moving price to make bigger profits (Mark Up, or Mark Down). So, maybe soon and maybe not so soon.
  • #61,467
  • Oct 29, 2013 10:54am Oct 29, 2013 10:54am
UJ Closed: +150 pips
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Newbie trader
  • #61,468
  • Oct 29, 2013 11:20am Oct 29, 2013 11:20am
Quoting fex
EJ Closed: +150 pips {image}
Quoting fex
UJ Closed: +150 pips {image}
fex,

Really nice!
  • #61,469
  • Oct 29, 2013 11:49am Oct 29, 2013 11:49am
Quoting Rejma
Hello, does anybody trade classic sonic setups? I was making nice profits for one and a half month but now iam losing almost every trade. I try to find the best setups for every entry but it looks like it stopped work. Can anyone give me an advice?
Since you have not posted any trades, we cannot perceive what has changed.
  • #61,470
  • Oct 29, 2013 12:05pm Oct 29, 2013 12:05pm
Quoting loeil
{quote} UJ - set some possible target areas for my longs (which are on the second account). {image}
UJ - TP 2 reached, like a textbook
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Whatever is obvious is obviously wrong!"
  • #61,471
  • Oct 29, 2013 12:12pm Oct 29, 2013 12:12pm
Quoting traderathome
UCad: Posted on this earlier thinking if price broke out the upper half number then it might move higher. This has not yet happened, but from the start of the US open the price has been more or less taken a bit lower and on increased volume. This means the bulls are looking for longs at favorable prices. With more USD high impact releases tomorrow, this could indeed move higher, maybe at any time. {image}
UCad:

Can a low impact release be so bad that MMs decide to move price immediately following, .......in after hours? Or, could the CAD release be insignificant, and the MMs are moving the price only to set up for whatever they plan on tomorrow, with the USD high impact releases including NFP? I have no idea. At times like this maybe it is better to totally ignore everything except the action of price, volume and S&R,......the "what" and not the "why".
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  • #61,472
  • Oct 29, 2013 12:13pm Oct 29, 2013 12:13pm
Quoting loeil
{quote} UChf - set some possible target areas for my longs. {image}
UChf - TP1 reached
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Whatever is obvious is obviously wrong!"
  • #61,473
  • Oct 29, 2013 12:19pm Oct 29, 2013 12:19pm
Quoting fex
EJ Closed: +150 pips {image}
Quoting fex
UJ Closed: +150 pips {image}
Well done fex
Whatever is obvious is obviously wrong!"
  • #61,474
  • Oct 29, 2013 12:30pm Oct 29, 2013 12:30pm
TAH, loeil: Thanks .

Another parts closed today: EU, GU, and UCd

PS: After one year on forex, the first smart thing I've done is: remove all indicators (yes, it was true).
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Newbie trader
  • #61,475
  • Oct 29, 2013 12:37pm Oct 29, 2013 12:37pm
Quoting fex
TAH, loeil: Thanks . Another parts closed today: EU, GU, and UCd PS: After one year on forex, the first smart thing I've done is: remove all indicators (yes, it was true). {image} {image} {image}
Smart decision Cleaner chart, easier to read.
Whatever is obvious is obviously wrong!"
  • #61,476
  • Oct 29, 2013 12:42pm Oct 29, 2013 12:42pm
Quoting loeil
{quote} UChf - TP1 reached {image}
Congratulations Loeil, excuse my basic English, your graphics and your earnings are always perfect! Not understand one thing, how do you decide tp1/2/3?
thanks to all
  • #61,477
  • Oct 29, 2013 1:12pm Oct 29, 2013 1:12pm
Quoting fex
PS: After one year on forex, the first smart thing I've done is: remove all indicators (yes, it was true). {image} {image} {image}
Exactly!

I use last time only Volumen and S/R (whole and half numer, big candles H4, H1). It better.
  • #61,478
  • Edited 1:37pm Oct 29, 2013 1:15pm | Edited 1:37pm
Quoting gf233
{quote} Congratulations Loeil, excuse my basic English, your graphics and your earnings are always perfect! Not understand one thing, how do you decide tp1/2/3? thanks to all
Fibonacci Expansion tool helps to determine potential TP areas and then you just need to watch how the price will act if it reached some of TP areas. Also you need to be aware of resistance levels.

My UChf trades still opened, I see there more potential than TP1
Whatever is obvious is obviously wrong!"
  • #61,479
  • Oct 29, 2013 2:51pm Oct 29, 2013 2:51pm
Quoting FXRobert
{quote} Exactly! I use last time only Volumen and S/R (whole and half numer, big candles H4, H1). It better.
Thanks
Newbie trader
  • #61,480
  • Oct 29, 2013 6:08pm Oct 29, 2013 6:08pm
Quoting sonicdeejay
{quote} ya...indeed. but.let the PA show.. Sonic
3 river and red show , what do you think ?
EJ short
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