Sonic R. System

Classic Short EU

This is just an extremely short term trade. EU has been playing the triangle on the H4 chart and as we can see theres a crossover of the slanted down dragon and 89 EMA trend line.

One thing I have noticed about your chart is that volume in the lows is still higher than volume in the highs, does that mean there is more buying activity going on? Sorry, still learning

Thanks

If you want to analyse the volume I recommend you to go into charts smaller than H1. H1 and bigger you will have less details because they reflect the session activity more than important volume zones. However in that chart was pretty clear the zone, but it's not the standard.

In this image, I went down to the M15 chart, which is the one that I normally use for volume analysis. What do you think about this image and where would you think the price will go? For me, this is a perfect example about how MM works. I divided the chart in 2 where I think they are building a short position. Look the volume peaks once the price is above the lane and look how they shake the price out to trap longs and stop shorts. They do that over and over again.

This is why is so important to analyse multi time frames. If you focus only in M15 you won't see the forest, only the trees and that will confuse you. I don't care what system do you use: Classic trades, PVSRA, etc etc. It doesn't matter, they are all awesome systems. This is about to understand what is the price doing and how the MMs are manipulating it.

This scenario that I'm looking for is for a mid term trade. A trade that will be there for days. However if you are good enough with the analysis you can even trade those small swings. The market is fractal as I said and it follows the same patterns over and over again, no matter what time frame do you use. I think I'm not good enough to do it but it's all about time and practice.

Why am I looking for a short mid term trade? Because in higher time frames it seems to me that it will go south. Of course I can be wrong because I'm not an expert at all and I'm learning like you. Take a look at the second image, a H4 chart

Best, Tymedu.

Memory..


Sonic

XAUUSD - huge volume at the low. Green candle is some sort of pin also. I had a feeling that smart money adding long positions there.

possible bear footprint spotted..



will consider CT as w1 is bull candle
sonic

The Big Government's and Big Bank's Controlled Metal

Well, I guess it is that time in the week for me to re-post this evidence. At a time in the galaxy, when on this planet everything has been going to hell in a hand basket and paper currencies are devalued, dishonored and distrusted, this precious metal continues mysteriously to decline in value......

It is most amazing when you consider the fact that gold is used in more places than ever before, from the Rolex watches on the wrists of the CEOs, to the electrical contacts in their battery powered nose hair removers! And, here we are approaching Christmas time, too, when gold should be in high demand for rings, bracelets, more watches,....why maybe even a new model gold plated car for the CEO!

......yet, mysteriously, the value of gold declines.

What is CT?

are you saying sell?

Ct is counter trend

EU:

This is being a difficult one to trade. Currently, it looks like we are seeing the formation of a Classic Sonic R. long setup. However, the half number SR is not far off, and just beyond that is another potentially strong SR area. Time will tell. This did get good "building" volume earlier as the MMs lowered the price for that action.

entered EJ classic short

trexy,

Geez, are you back again? And just as stupid as ever! Go away. Go look for free trading signals elsewhere.

(Sorry, Sonicers, but this person behaves like a leach, always asking the most ridiculous of questions for someone trading, never posting a chart and never contributing. It is difficult to know if the person is an idiot that is actually trying to trade,...get free signals..., or if the person is maliciously setting others up to waste their time.)

-tah

UJ:

This is a Classic short setup.

EU and UChf

Liquidity creation for MM's EU longs and UChf shorts? Looks like. Just these two pairs. The rest of the market plods forward.

Told Cha..
lovely..

Sonic

maybe I should have placed my TP far away, I have earned only 25 pips

Hi all new here, just want to say i am very impressed by how your trade and share information. will start to read up whenever i can starting from post 1.

Possible Bullishness in GLD...


FOMC will be the key..


Sonic

Told cha.

Told cha!