Sonic R. System | Page 3089 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Sonic R.evolution 95 replies

The System Behind the System, by Merlin Jeffries 16 replies

Old School Sonic System + Other Things 11 replies

Knife system, Vegas 4h system related questions. 4 replies

Would you trade this system? New system #2. 10 replies

Attachments: Sonic R. System
Exit Attachments

Sonic R. System

  • #61,761
  • Nov 6, 2013 3:48am Nov 6, 2013 3:48am
thanks for this nice share
i hope that this strategie will work with me
  • #61,762
  • Nov 6, 2013 4:38am Nov 6, 2013 4:38am
GM - earlier I took a nice 26 pips from a Three Dragons buy in cable - and also some from a similar trade in gold

At the news time I watched the 46 pip stop sweep spike down and then got loads of slippage in my buy, but still pirated some more pips to make up my morning's quota...... just had to take some more off those crafty MMs
Attached Image (click to enlarge)
Click to Enlarge Name: nov6 gbp 1m 1030 gmt.png Size: 24 KB
Trading Levels with WRBs
  • #61,763
  • Nov 6, 2013 5:33am Nov 6, 2013 5:33am
Quoting Islander
GM - earlier I took a nice 26 pips from a Three Dragons buy in cable - and also some from a similar trade in gold At the news time I watched the 46 pip stop sweep spike down and then got loads of slippage in my buy, but still pirated some more pips to make up my morning's quota...... just had to take some more off those crafty MMs {image}
nice trade islander
can you share ur templeate please ?
  • #61,764
  • Nov 6, 2013 5:43am Nov 6, 2013 5:43am
Quoting loeil
GU - I'm gonna look GU short possibilities today. Probably 61.8fibo area. {image}
Hello loeil,
Do you believe that the GU goes to the 68% of fibonacci and will fall back on ??
Does the price will not go up to the H4 Resistencia and Channel Weekly (around @1.6250)?

Sorry my bad english
thank you
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GU 01.png Size: 54 KB
Click to Enlarge Name: GU 02.png Size: 59 KB
Sorry my bad English - My native language is Portuguese-BR
  • #61,765
  • Nov 6, 2013 8:01am Nov 6, 2013 8:01am
Quoting MichaelKiske
{quote} Hello loeil, Do you believe that the GU goes to the 68% of fibonacci and will fall back on ?? Does the price will not go up to the H4 Resistencia and Channel Weekly (around @1.6250)? Sorry my bad english thank you {image} {image}
Michael, I agree with you. At this point the H1 shows the Dragon crossed above the Trend, with notable volume yesterday when the price was pushed up from the consolidation (long building) area. There has not yet been a pullback (bull MMs reloading longs), which might be the short play loeil has in mind. Of course, we keep in mind that at any time things can change. For now, though, this is looking bullish, and if it is bullish then why wouldn't the MMs push the price back to the highs around 1.6250?

Dollar strength might return with the USD releases late this week, but tomorrow there are several GBP high impact releases. These are timed ahead of the USD releases, so they could be the excuse the MMs use to ram the price up (with or without a sendoff whipsaw),......nice and high for when the USD releases hit.
Attached Image (click to enlarge)
Click to Enlarge Name: nov 2013 - 014.png Size: 62 KB
  • #61,766
  • Nov 6, 2013 8:14am Nov 6, 2013 8:14am
EJ:

H1 shows from the lowest lows up there has repeatedly been notable volumes at the lows. Yet, the price is scarcely 100 pips higher right now. This looks to be under Accumulation again before the next Mark UP run. This is how I see it, anyway.
Attached Image (click to enlarge)
Click to Enlarge Name: nov 2013 - 015.png Size: 65 KB
  • #61,767
  • Nov 6, 2013 8:45am Nov 6, 2013 8:45am
EU:

H1 shows very notable volume yesterday as the price went down to, was at and then came up from the low of the day (LOD). Today, also, there was notable volume as the price went down and back up from the lows around the London open. Yet, from LOD yesterday, the price is scarcely 70 pips higher, so it looks like the MMs are Accumulating ahead of a planned Mark Up run. There are both EUR and USD high impact releases coming,.....plenty of excuses for the MMs to manipulate price however they want to, in both directions. For now though, this is looking bullish.
Attached Image (click to enlarge)
Click to Enlarge Name: nov 2013 - 016.png Size: 58 KB
  • #61,768
  • Nov 6, 2013 9:12am Nov 6, 2013 9:12am
Quoting loeil
{quote} EU - add another long @1.3452 Decided to take it because I'm pretty sure that smart money is building longs there. It was just some test or shaking or stops hunting. Price is back up where it was 1 hour ago. Besides there is also nice pin on H1. {image} {image}
EU - marked potential TP area. But I also will look how price is acting in 38.2fibo.
Attached Image (click to enlarge)
Click to Enlarge Name: eurusdh1.png Size: 28 KB
Whatever is obvious is obviously wrong!"
  • #61,769
  • Edited 9:46am Nov 6, 2013 9:35am | Edited 9:46am
UCad:

On the heels of the CAD release, the MMs quickly pushed the price lower. However, with less than 30 minutes left in the H4 TF on the chart, you can see how small the volume is for the distance the price was moved, compared to...say....the previous TF, for which admittedly the volume is less, but the distance the price was moved was far less! To me, this indicates the MMs are bulls that quickly (and efficiently) pushed the price lower to get this under Accumulation again. If they get the price below the whole number, I might add to this long trade. I might even raise my target.
Attached Image (click to enlarge)
Click to Enlarge Name: nov 2013 - 017.png Size: 66 KB
  • #61,770
  • Nov 6, 2013 10:07am Nov 6, 2013 10:07am
EU PVSRA

I entered a short term trade, EU M15.

Volume increase when price goes up, indicates MM's bear for now in my opinion....

Attached Image (click to enlarge)
Click to Enlarge Name: EUAnaly.jpg Size: 302 KB
  • #61,771
  • Nov 6, 2013 10:46am Nov 6, 2013 10:46am
Quoting diginime
EU PVSRA I entered a short term trade, EU M15. Volume increase when price goes up, indicates MM's bear for now in my opinion.... {image}
PVSRA, EU: Bull or Bear?


Increasing volume as price rises does not inherently mean the MMs are bears. Both bull and bear MMs can put on bull price moves, moves with price rising and with notable volume.

Yes, bear MMs can hike price to get higher prices and then sell, close longs/open shorts at the higher prices obtained by their price manipulation.

However, bull MMs can be the cause of price rising with notable volume, as they continue to buy whatever is available at each level, exhausting that level and causing the price to move to higher levels as the buying continues.

Often times we can discern if the MMs are bulls or bears by viewing a rising price with notable volumes both on M1 as well as on larger TFs, so as to get a perspective of where this price and volume action is taking place relative to where price has come from and relative to key S&R.

In this case, it looks like PA is bullish and this was a genuine "buy up" of the price before the London session closes. And the following drop in price is simply the bull MMs manipulating the price lower again while they wait and see if any more buying can be done.

If this was genuine buying before the close of the London session, then it might indicate tomorrow will be an active day, so active that some MMs felt it necessary to buy higher rather than wait to see what buying opportunities would be available tomorrow.
Attached Image (click to enlarge)
Click to Enlarge Name: nov 2013 - 018.png Size: 54 KB
  • #61,772
  • Nov 6, 2013 10:54am Nov 6, 2013 10:54am
Quoting diginime
EU PVSRA I entered a short term trade, EU M15. Volume increase when price goes up, indicates MM's bear for now in my opinion.... {image}
Not sure about that short, but it looks like your TP got hit. What I see here is now:

Yes there was some high volume on that green bull bar, but what happened after that? Price came down a little bit and next "higher" volume is on down bar which has pretty notable wick also, someone is pushing the price up again. After that "pin" price came down a little but look at the volume now, it is smaller than the previous candles. And after that we already see bull candle which has more volume than this "no demand" candle.

So I don't see any serious short interest yet. Just my modest analysis.
Attached Image (click to enlarge)
Click to Enlarge Name: eurusdm15.png Size: 24 KB
Whatever is obvious is obviously wrong!"
  • #61,773
  • Nov 6, 2013 10:57am Nov 6, 2013 10:57am
Quoting loeil
{quote} Not sure about that short, but it looks like your TP got hit. What I see here is now: {image}
ya. its a short term trade. =) took my profit.
  • #61,774
  • Nov 6, 2013 11:04am Nov 6, 2013 11:04am
Quoting diginime
{quote} ya. its a short term trade. =) took my profit.
Whatever is obvious is obviously wrong!"
  • #61,775
  • Edited 11:23am Nov 6, 2013 11:05am | Edited 11:23am
Quoting loeil
{quote} Not sure about that short, but it looks like your TP got hit. What I see here is now: Yes there was some high volume on that green bull bar, but what happened after that? Price came down a little bit and next "higher" volume is on down bar which has pretty notable wick also, someone is pushing the price up again. After that "pin" price came down a little but look at the volume now, it is smaller than the previous candles. And after that we already see bull candle which has more volume than this "no demand" candle. So I don't see any serious...
PVSRA, EU: Bull or Bear?

Bull.

Higher volume at low reaching bar than for either of the two previous higher bars = bull's liquidity creation drive (stop out longs, trigger pending "wrong side" short orders) so they can add more longs at low prices. Followed by "no demand" while the dust settles and the MMs see if more buying can be done low. Then followed by rising price from the "no demand" bar, as the MMs realize they have exhausted the liquidity for longs at the low prices and that if they want more longs they will have to start buying them at higher prices for a while.

Nice candle reading, loeil. Thanks. I learn from you.
Attached Image (click to enlarge)
Click to Enlarge Name: nov 2013 - 019.png Size: 62 KB
  • #61,776
  • Nov 6, 2013 11:07am Nov 6, 2013 11:07am
Quoting traderathome
{quote} PVSRA, EU: Bull or Bear? Bull. {image}
Yeah, bull
Whatever is obvious is obviously wrong!"
  • #61,777
  • Nov 6, 2013 11:12am Nov 6, 2013 11:12am
NU short entered on break of the dragon and trend line. This is an early classic setup. I know this is early but PVSRA also indicates markets intentions is short with increased volume at the tops IMO this is very bearish.
Attached Image (click to enlarge)
Click to Enlarge Name: NU Short 15min.jpg Size: 259 KB
  • #61,778
  • Nov 6, 2013 11:37am Nov 6, 2013 11:37am
Quoting MichaelKiske
{quote} Hello loeil, Do you believe that the GU goes to the 68% of fibonacci and will fall back on ?? Does the price will not go up to the H4 Resistencia and Channel Weekly (around @1.6250)? Sorry my bad english thank you {image} {image}
Can't say where it goes because no one knows that. Only smart money knows.

I can only tell that GU is too messy at the moment, I won't enter before I see some unusual high/low volume or some pin with high volume.
Whatever is obvious is obviously wrong!"
  • #61,779
  • Nov 6, 2013 11:48am Nov 6, 2013 11:48am
Quoting loeil
{quote} Yeah, bull

Agree - took some longs

Letīs see...

H.
Attached Image (click to enlarge)
Click to Enlarge Name: eurusdm15.png Size: 57 KB
"The future is already written in the past"
  • #61,780
  • Nov 6, 2013 11:51am Nov 6, 2013 11:51am
Quoting worldfreedom
NU short entered on break of the dragon and trend line. This is an early classic setup. I know this is early but PVSRA also indicates markets intentions is short with increased volume at the tops IMO this is very bearish. {image}
worldfreedom,

Thanks for the "heads up" on this. I've been gritting my teeth on it for days. I went short late October and then the price rolled upwards. I added earlier today, and now again as you alerted to the Classic setup.
Attached Image (click to enlarge)
Click to Enlarge Name: nov 2013 - 020.png Size: 63 KB
24 traders viewing now