Sonic R. System

Quoting loeil

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{quote} Me too And others who wants to read a bit. {image} {image} {image} {image} {image} {image}

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Quoting traderathome

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Trade What the Market Gives... GU Short Trade Opened: Entered #1, a Classic. It is before the LS, so there is some risk the MMs might push price back up later. The Dragon has started to angle down, the Trend is angled down, PA is below both, and the notable volume was at the previous highs. In the back of my mind I consider the fact this is Thanksgiving week in USofA, and therefore this might be a short week for the market, and therefore there is less time for the price manipulating MMs to secure their weekly quota of profits, and therefore things...

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Quoting kazancakis

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Got my hands burnt overnight. SL hit @ 1252. I thought 1250 was a strong SR so I put my SL there. Where did I go wrong sonicers? {image}

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Quoting traderathome

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{quote} SL Setting is Market Predicting. Good Luck! Everybody else probably thought 1250 was a strong SR and put their SL just beyond, also. The broker and liquidity providing bank and market makers can see where the pending stop loss orders are. There were probably enough of them in that area for them to make sure when they hiked the price, they hiked it thru that area to trigger all those pending SL buy orders, so they could get more liquidity to add shorts of their own! Setting a SL is akin to trying to predict the market. Worse, it is giving...

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Quoting traderathome

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EJ: The Bear Awakens, Yawns and Goes Foraging..... A sign of the bear. Note that two candles previous the volume was notably high. The candle shows the price was spiked up and then closed down. This is a sign the bears hiked the price to grab shorts higher and continued to short it back down, all on a lot more activity than before. The bears are now awake. If they are awake, that could bring more price hikes for shorting instead of immediately lower and lower prices, which is why Master Sonicdeejay instructs "Let the Dragon and PA show the way." We Sonicers should be trading the moves, not the reasons for them. {image} Also, note the high volume for the push up last week, and that the current WEEK doji candle is one of "indecision", which can happen at, or near the beginnings of a reversal, though a reversal right here is not guaranteed. Only time will tell. We are beginning only the second day of trading for the week.{image}

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Quoting loeil

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{quote} Me too And others who wants to read a bit. {image} {image} {image} {image} {image} {image}

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Quoting traderathome

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AU Short Trade Opened: This is trading the M1 chart. You can see market makers whipped the price to the upper whole number to fill large short orders there. Then the price cycled down in good Sonic R. fashion, presenting an M1 Classic and then an M1 re-entry opportunity. I waited for the bottom and then the retrace, shorting as the retrace hit the S&R areas created on the way down.{image} On the M15 this looks like it amounts to opening a trade with Scouts, prior to a Classic. It is, but there is that consideration that the MMs hiked price above...

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Quoting traderathome

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{quote} Scout Insertion to Support a Valid Trade GU Short Trade Updated: Entered #2, a Scout. This is an example of using Scouts to support a valid trade that the MMs have back peddled to add more themselves. I took a nap, and woke up to find the MMs had back peddled the price about 50 pips! With notable volume following the price hike! That could only mean they whisked the price up to add shorts. So, my trade is valid. The MMs just proved that! So, with a FR 50-62% retrace facing me, I added also without waiting to see if there will be more retrace....

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Quoting sonicdeejay

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{quote} Good entry..Professor TAH..0.9205x will be a tough nut to crack.. http://www.youtube.com/watch?v=_EDvabyo620 Sonic {image}

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Quoting sonicdeejay

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{quote} 21 hrs later.. 0.920xx lvl is one tough MOFO... http://www.youtube.com/watch?v=3BxfpbyV-uc Sonic {image}

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Quoting sonicdeejay

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Bull and Bear Boxing.. Sonic {image} {image}

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Quoting traderathome

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{quote} Yes, indeed. I closed my AU long for profit, went short and closed it for profit. No AU trade running at this time. {image} {image}

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Quoting sonicdeejay

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Dragon is flat.. take ur pic.. 4D TOTO quick pick.. Scout Long Sent.. Sonic {image}

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