Sonic R. System

How do you know it could be pump & Dump? Curious to know after EU slipped...Newbie still learning

NU:

Look how the price has most recently been worked down, but there are long upper wicks. To me, this looks like the MMs are seeking lower prices, and when they get them they buy, which causes the price to rise during the buying. Yesterday the MMs began the day pushing the price below the half number natural S&R, and have kept it below ever since, even with a couple of spikes below the lower whole number. MMs prefer to build long below these natural S&R levels. Bullish.

Yes, that is true, I closed out my positions, took 1 loss but the 2 winners covered it.

I have now checked the charts again, it seems volume is higher at 1280 than it was at 1260, the low, so I am waiting to sell this now. Just waiting for a signal, the candle closes at the moment are bearish, closing lower than they opened and long upper wicks (previous few candles)

The Answer: PVSRA!

Yes, I only said it "could be". And it was. What were the clues? They were: a quick rise and with high volumes at the top. All you had to do was view M1 and do the PVA (Price Volume Analysis) and then note where they took the price; above a half number S&R. Now you have PVSRA (Price Volume Support Resistance Analysis). A precept of PVSRA is that MMs prefer to sell (close longs and/or open shorts) above key S&R levels, and half and whole numbers are very important natural S&R levels.
...........Pump & Dump!

NZD/USD Analysis

Day Chart:

1. It’s clearly visible on the h4 TF that a perfect head and shoulders formation has formed. The anticipation for this currency pair is for there to be a bearish downwards move down towards the 0.79** price level. With the US coming out with some positive data last week and from coming out severely devalued and hammered against all currency pairs during last month’s government shutdown. Slowly it is regaining its strength.

15min Chart:

1. there was a high volume red candle stick movement last night (UK TIME) in relation to the bad NZD data being released.
2. price has since moved upwards but generally it has been ranging up and down around the dragon
3. as we can see during todays session volume has gradually increased at the highs
4. later on today and throughout tomorrow NZD and USD data is being released and in my eyes this is just the MMs raising up the prices on themselves in order to get better prices for their shorts

UJ Short Trade Update: I just added short Scout #3 as the price was pushed above the half number with higher volumes there (PVSRA).

Nice trade.

I agree. Been saying this since last week:
http://www.forexfactory.com/showthre...93#post7073593
http://www.forexfactory.com/showthre...65#post7082065

It is a potential for a 350 pips drop! That is why I anticipate the MMs might hike the price to load more shorts before the event. It is the nicest potential H&S formation the market has produced on any pair for a very long time, too.

Hmm....this USD pair seemed to "explode." Other USD pairs seem very stable...hmm...

UChf:

Hypothesis -

The market makers saw the banks had nice sell short orders up in the whole number area, so they manipulated the price up there to fill them, which is currently going on. Any buy orders the market makers had to invest in, in order to hike the price, that they can't close at these highs, they will hold and profit from when the USD strengthens later. Pump & Dump: market maker's pump so the dirty rotten stinking banks can dump.

EU - manipulation for herds High volume on down bar but no further progress. Btw there is a doji after that high volume which confirms no progress on down move.

UCad:

New SonicR Classic short setup. London session, Dragon crossed down thru Trend, PA below both.....

UJ:

New SonicR Classic short setup,....LS, Dragon crossed down thru Trend, both angled down, and PA below both.

Hah! You were right !!!

Manipulate, Confuse, Confiscate

With USD releases coming, as well as other currency releases already this week, between the dirty rotten stinking banks placing orders high and low, and the market makers moving price up/dn to fill them, the result (intended, I am sure) is that a lot of indicator dependent traders are totally confused,.....and losing money.

Price, Volume, Support & Resistance Analysis (PVSRA) and "....let the Dragon and PA show the way..." (and, add some patience) is a winner!

Eu - been bullish minded for a couple of days. Target finally hit for good profit. Manually closed.

H.

EC
Took advantage of price manipulation lower.
Added EP2 long trade.

EU
Took advantage of price manipulation lower.
Added long EP2

Market Comment

Look at EJ. A couple of days ago, when the Dragon crossed up thru the Trend, I commented to be on the lookout for a pullback,....a bull MMs price manipulation back down towards/into/thru the Dragon so they could load up with extra longs. It would be confirmation the bulls are behind any price moves, not the bears. And now we see it, a 75+ pips pullback yesterday that sent the price down thru the Dragon, where the bull MMs loaded extra longs and then strongly sent the price right back up again.

Look at EU. On this pair too, the Dragon has now crossed up thru the Trend. This occurred in spite of the 50+ pips pullback that sent the price down thru the Dragon and Trend, as bull MMs loaded extra longs and then strongly sent the price right back up again.

Look at GU. Yesterday was a day of strong, genuine buying. The buying started below the 1.5900 whole number in the Monday session after the MMs rammed the price down there to close shorts and to start opening longs. The buying continued in the Tuesday session, bringing the price 200+ pips up from the Monday lows below the 1.5900 whole number. There is no "notable high volume at highs" associated with the Tuesday session of buying. Not yet anyway, which suggests this could go higher still. Also, the Dragon is poised to cross up thru the Trend. If that happens, it is a bullish sign, but then there could be the "often" bull MMs pullback of the price towards/into/thru the Dragon as they load up with extra longs.

Look at UCad. This is not related to the euro as with EJ and EU. And it is the "opposite" of GU. Yet here too, we see yesterday a spike up in price as the bear MMs loaded extra shorts and then continued to sell strongly sending the price lower. And here too, we see the Dragon is poised to cross down thru the Trend. If this happens, it is a bearish sign, but then there could be the "often" bear MMs pullback of the price towards/into/thru the Dragon as they load up with extra shorts.

Finally, look at UJ. This is another YEN pair, just like EJ, but here we see a new and strong down trend starting. Last week we can see there was a very strong Pump & Dump, with the dump sending the price below the 98.00 whole number. The following day the MMs rammed the price right back up again, and even higher until it started coming back down this week. All of this looks like price manipulation to load up shorts since the conclusion of the down/up manipulation was to leave the price high, where for several more days now position building has been going on. I have not included other YEN pairs, but you can look yourself at AJ, GJ and NJ and see that on the H1 chart they have all turned up in much the same way UJ has turned down.

In conclusion it looks like the YEN pairs are going higher. Not UJ though. From the looks of EU, GU, UCad and UJ, it looks like USD pairs are going to move in the direction of USD weakness. But, looks can be deceiving. We really cannot know how prices will be moved. And we have a passel of USD high impact releases coming this new day. This will give the market makers plenty of excuses to whipsaw prices, maybe in both directions and maybe more than once in either direction, to confuse the hell out of a lot of people, but in the end to capitalize on their price manipulations as they fill orders for the dirty rotten stinking greedy banks while stopping out trades on both sides.

Just my opinion, but today is a day to close trades before this all starts. If you keep a trade and it has a SL, then to move the SL at least 200 pips out, or if you do not want to play the "SL Guessing Game" with the market makers, you can remove the SL. Or, you can close the trade.

Today could turn out much more "calm" than suggested above. However, if there was ever a time for the banks and the market makers to get things moving up/down and related pairs running opposite each other, to confuse traders and confiscate their money, this is the time for it. It has already started, and today could be an important day for the Banks and market makers if this is what they are doing.