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Sonic R. System

  • #62,381
  • Nov 20, 2013 12:31pm Nov 20, 2013 12:31pm
Quoting traderathome
{quote} UCad Short Trade Update: Yesterday, shortly after the initial post, I added short Classics #2 & 3. As for now, note that another Classic setup is formed. This is an almost perfect one. It is in the LS. The Dragon has crossed the Trend and PA is below both. It is the poor angle of the Dragon that makes this less than perfect. USD releases are not until tomorrow, so the MMs might continue to range this. We can never know. {image}
UCad Short Trade Update:

I manually closed the 3 trades (10 components each) for 947 pips gain. I am taking profit here even though this looks good to go lower because I want extra liquidity for EU and UChf in case a good opportunity to support those two trades presents itself over the next few days.
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  • #62,382
  • Nov 20, 2013 1:20pm Nov 20, 2013 1:20pm
I fear entered

EU short closed: 73 x 3 = +219 pips
EJ short closed: 39 x 4 = +156 pips
AU short closed: 51 x 4 = +204 pips
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Newbie trader
  • #62,383
  • Nov 20, 2013 1:20pm Nov 20, 2013 1:20pm
to close A/U and N/U shorts or not to. that is the question. hmmmm, with us data tomorrow
  • #62,384
  • Nov 20, 2013 1:21pm Nov 20, 2013 1:21pm
Quoting MosesNMY
{quote} What kind of confirmation you waiting for? Isn't it chart show long whip down bar is a reversal??? sorry if I asking the stupid question, I just don get it...
I was looking AU chart just a minute ago and remember that someone asked about confirmation. Very good confirmation looks like that:
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Whatever is obvious is obviously wrong!"
  • #62,385
  • Nov 20, 2013 1:22pm Nov 20, 2013 1:22pm
Quoting traderathome
{quote} AU Short Trade Update: I entered short #2, a Scout, as the price rose to MR1 on a sudden spurt after a couple of hours of position building in a very tight range. Adjusted TP slightly. {image}
AU Short Trade Update:

I manually closed both trades (5 components each) for 450 pips gain.
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  • #62,386
  • Nov 20, 2013 1:23pm Nov 20, 2013 1:23pm
Quoting fex
I fear entered EU short closed: 73 x 3 = +219 pips EJ short closed: 39 x 4 = +156 pips AU short closed: 51 x 4 = +204 pips {image} {image} {image}
Nice job as always
Whatever is obvious is obviously wrong!"
  • #62,387
  • Edited 1:51pm Nov 20, 2013 1:30pm | Edited 1:51pm
GU Short Trade:

Entered short #1, Classic of 5 components, on the pull back up to the 1/4SR area. No TP/SL set at this time.
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Edit: Closed for 74 pips gain.
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  • #62,388
  • Edited 8:02pm Nov 20, 2013 1:47pm | Edited 8:02pm
EG Long Trade:

Entered long #1, a Scout on M5, based on the volume here looks like the MMs are loading longs at the lows now that they've dropped the price and closed shorts on that drop. No TP/SL yet.
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Edit: Manually closed for 27 pips gain. No movement, no momentum,....a waste of time.
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  • #62,389
  • Edited 2:12pm Nov 20, 2013 2:00pm | Edited 2:12pm
GJ Short Trade:

Entered short #1, a "late" Classic, but I wanted to be sure the last lows might be broken before entering. The chart shows very, very concentrated consolidation (position building) in the half number area during the first part of the US session. Needless to say, the MMs moved the price up there first, and then began the building (hint: buy low, sell high). No TP/SL yet.
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  • #62,390
  • Nov 20, 2013 2:00pm Nov 20, 2013 2:00pm
For me this is a good point to take approximately %20 profit.
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  • #62,391
  • Nov 20, 2013 2:52pm Nov 20, 2013 2:52pm
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Newbie trader
  • #62,392
  • Nov 20, 2013 4:24pm Nov 20, 2013 4:24pm
EU long Scout
50-61% fibo. Huge volume.
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Newbie trader
  • #62,393
  • Nov 20, 2013 4:50pm Nov 20, 2013 4:50pm
UJ- Bull or Bear?????
Hi to all Sonicers!!!.
I'm still learning for you guys. I have a question with this chart, I saw some weakness in the yellow zones, so I think that is a bearish signal. It's ok?

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  • #62,394
  • Edited 5:18pm Nov 20, 2013 5:08pm | Edited 5:18pm
Quoting jomeka30
UJ- Bull or Bear????? Hi to all Sonicers!!!. I'm still learning for you guys. I have a question with this chart, I saw some weakness in the yellow zones, so I think that is a bearish signal. It's ok? {image}
If you would read at least last week posts you are knowing for now what sonicers think about UJ.

For better and bigger picture I suggest to look H1 also, btw there are lot of more and better signs of bears

On your chart I could tell that first and second yellow box seems just manipulation and making panic among herds but the last one is good example of bears. Price went up and bears answered right away.
Whatever is obvious is obviously wrong!"
  • #62,395
  • Nov 20, 2013 7:48pm Nov 20, 2013 7:48pm
nice 7000pips down from 2 weeks ago , i suggest thinking twice averaging this stuff

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  • #62,396
  • Nov 20, 2013 7:54pm Nov 20, 2013 7:54pm
Quoting jasakreatif
{quote} same now {image} and add 2 sell limit order upper {image}
and kiwi making 300pips or more . wishing for happy week

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another old trade sl hit totally 20pips for ej and eu , eg hit BE.
  • #62,397
  • Nov 20, 2013 7:55pm Nov 20, 2013 7:55pm
Quoting fex
EU long Scout 50-61% fibo. Huge volume. {image}

Hi fex:

Could you please share the indi on the bottom right of your chart that shows open pairs, positions, p/l.
I've search on this thread and have tried Show_AverageEntryPrice and Show_BreakevenLevel but they are different and not as neat.

Many many many thanks!
  • #62,398
  • Edited 9:09pm Nov 20, 2013 8:47pm | Edited 9:09pm
BOJ Today a Big DeaL!.....and PVSRA says the MMs are Shorting!

Yep, just look at GJ for confirmation.

Yesterday the price was pushed up above the half number SR where huge trading volume took place. Later in the day there started an even more monstrous building of shorts which drove the price down (I took a short entry there). Then, in the after hours market, when it was easier to do so, the market makers stopped the drop and supported the price. Very late in the day, the easiest time of all to control price, the market makers began moving the price back higher.

When this new day started, with the price in the same area of that huge sell off yesterday, the Asian session traders started building, too, in that area and by placing bigger short orders back up above that half number. As we can see, the market makers have whisked the price back up there to start filling those big short orders.......

.....and there are two JPY high impact releases that could affect what happens thru the day!
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  • #62,399
  • Edited 10:34pm Nov 20, 2013 10:19pm | Edited 10:34pm
Quoting traderathome
{quote} GJ Short Trade: Added short Scouts #4-6, first as the price was moving down in a strong sell off and then much later as the bear MMs worked the price back up on declining volume. {image}
Older PVSRA GJ Short Trade Update:

The quoted post is, I think, the last one. If it is then since that time I have added up to short #12, had it whacked severely back down during October, and have added back at auspicious times. The trade is now back to 13 components with a new entry short that I just made to this older PVSRA trade that is of a different account than for the GJ trade I posted late yesterday.
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  • #62,400
  • Nov 20, 2013 10:22pm Nov 20, 2013 10:22pm
Quoting traderathome
BOJ Today a Big DeaL!.....and PVSRA says the MMs are Shorting! Yep, just look at GJ for confirmation. Yesterday the price was pushed up above the half number SR where huge trading volume took place. Later in the day there started an even more monstrous building of shorts which drove the price down (I took a short entry there). Then, in the after hours market, when it was easier to do so, the market makers stopped the drop and supported the price. Very late in the day, the easiest time of all to control price, the market makers began moving the price...
Agree, accumulation happened at yellow box area, nice resistance line too. TP set at RDL =)
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