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Sonic R. System

  • #66,201
  • Feb 25, 2014 10:16am Feb 25, 2014 10:16am
Quoting Bernhard
Sorry for the noob question, what means MMs. Cant find explications.
MMs = Market-Makers
  • #66,202
  • Feb 25, 2014 10:16am Feb 25, 2014 10:16am
Quoting traderathome
{quote} AJ Short Trade Update: Added short #2, Scout. This is based on M1 sudden notable volume as price was pushed towards 1/2 LEVEL. If price goes sufficiently above it, I intend to add. {image}
AJ Short Trade Update:

Added short #3, Classic.
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  • #66,203
  • Edited 11:09am Feb 25, 2014 10:18am | Edited 11:09am
EU

Short trade EP 1 entered
Attached Image


Edit:

PA died. Exited trade at BE
I know the secret...
  • #66,204
  • Feb 25, 2014 11:29am Feb 25, 2014 11:29am
Quoting JRissa
{quote} AU Removed SL and TP and added short EP #2 scout {image}
AU

Exited trade at BE little earlier. Didn't have time to post in the heat of EU GU movement

Flat on market

Inserted Video
I know the secret...
  • #66,205
  • Feb 25, 2014 11:29am Feb 25, 2014 11:29am
EG Comment

Note the two most significant episodes where the MMs pushed up the price to accumulate short orders, not to mention all the notable volumes above the 1/2 LEVEL (PVSRA)! So, if the MMs push up price again, it might be a good opportunity to send in a short Scout.
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  • #66,206
  • Feb 25, 2014 11:35am Feb 25, 2014 11:35am
Quoting Msis125125
GU Short, Limits! {image}
Closed 168 @ 1 lot. Got back late
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There is no spoon....
  • #66,207
  • Feb 25, 2014 11:40am Feb 25, 2014 11:40am
Quoting Msis125125
{quote} Closed 168 @ 1 lot. Got back late {image}
yea, i suffered from the same issue today.... just need to be patient for the next 'swing'.

This whole 'being patient' thing is killing my mojo...

eaymon
fxvps dot biz - Low latency, Low Cost & V. Fast FX VPS Servers - free trial
  • #66,208
  • Feb 25, 2014 11:46am Feb 25, 2014 11:46am
XU Short by limit
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There is no spoon....
  • #66,209
  • Feb 25, 2014 12:03pm Feb 25, 2014 12:03pm
Quoting sonicdeejay
Reason why are not buying in AU... Sonic {image}
Thank you very much Master, very useful!
Newbie trader
  • #66,210
  • Feb 25, 2014 3:35pm Feb 25, 2014 3:35pm
AU still Holding short with BE
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There is no spoon....
  • #66,211
  • Feb 25, 2014 5:58pm Feb 25, 2014 5:58pm
What is the best broker for using this template with MT4?
please i need four of them
  • #66,212
  • Feb 25, 2014 7:59pm Feb 25, 2014 7:59pm
Quoting Msis125125
AU still Holding short with BE {image}
Closed 55@1Lot
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There is no spoon....
  • #66,213
  • Feb 25, 2014 8:00pm Feb 25, 2014 8:00pm
Quoting Msis125125
XU Short by limit {image}
XU BE 2 entries @ 1 lot
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There is no spoon....
  • #66,214
  • Feb 25, 2014 8:44pm Feb 25, 2014 8:44pm
Could somebody make sense of what the highlighted yellow areas I have marked could mean? It looks quite indecisive to me..
Price pushed down on high volume for accumulation of longs followed by a strong spike of price upwards before heavy selling taking place is all I see, what could be the meaning behind such movements?
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  • #66,215
  • Edited 9:57pm Feb 25, 2014 9:26pm | Edited 9:57pm
Quoting SaiLyfee
Could somebody make sense of what the highlighted yellow areas I have marked could mean? It looks quite indecisive to me.. Price pushed down on high volume for accumulation of longs followed by a strong spike of price upwards before heavy selling taking place is all I see, what could be the meaning behind such movements? {image}
PVSRA: GBPAUD

First of all, note there are both a bear pin bar (purple) and a bull pin bar (blue) in this sequence of events. If only the bear pin bar was part of the sequence, we might suspect price to rise afterwards. Conversely, if only the bull pin bar was part of the sequence, we might expect the price to fall afterwards. But with both being part of the sequence, the Market Makers have disguised the fact they are bulls, or are bears, during the entire episode! This sort of PA is done intentionally by the Market Makers/computers to cloak their actions and hence, their intents.

This is a great example of why a PVSRA is inadequate if it does not take into account a broader perspective of price action. We know the Market Makers run prices in up/down fashion during times of consolidation (position building) so as to not reveal if they are bulls or bears, and so they have the best chance at repeatedly sucking in wrong siders to get the liquidity needed to build their positions. Only if we see what is happening real-time on lowest TF charts as well as how PA has behaved overall can we best determine the intent of the Market Makers.

This is just my interpretation,
-tah
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  • #66,216
  • Feb 25, 2014 9:43pm Feb 25, 2014 9:43pm
Hello every body. I am a newer. I don't know what RDH level is and how it caculator. Thanks all
  • #66,217
  • Feb 25, 2014 9:49pm Feb 25, 2014 9:49pm
Thanks TAH, this is the kind of explanation I was looking for. It definitely seems to be a trickier one to determine when price is giving both bear and bull signals. Looking at the H1 I can see this pair has been ranging for around 2 weeks now, notably with the highest volumes occurring over more recent days on the bullish pinbar candlesticks. So in my opinion I think it would be fair to say that GBPAUD is in the reaccumulation phase?
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  • #66,218
  • Feb 25, 2014 9:58pm Feb 25, 2014 9:58pm
CADCHF re-entry taken as price fell back to support area and just below the (0.80000) whole number.
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Its not LO yet so I don't expect this to go anywhere till later, hopefully northbound.
Targeting RDH, RWH.
  • #66,219
  • Feb 25, 2014 10:05pm Feb 25, 2014 10:05pm
Quoting SaiLyfee
Thanks TAH, this is the kind of explanation I was looking for. It definitely seems to be a trickier one to determine when price is giving both bear and bull signals. Looking at the H1 I can see this pair has been ranging for around 2 weeks now, notably with the highest volumes occurring over more recent days on the bullish pinbar candlesticks. So in my opinion I think it would be fair to say that GBPAUD is in the reaccumulation phase? {image}
PVSRA: GBPAUD

Your conclusion is opposite mine. Anything is possible. However, I have a H4 TF that just closed as a bull pin bar. So, this continues to look bearish to me. In fact, it casts some doubt in my mind now as to if the MMs will attempt to push the price back above the 1.8600 LEVEL before allowing a bear run for profits.
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  • #66,220
  • Feb 25, 2014 10:18pm Feb 25, 2014 10:18pm
Hmmm it would appear I have a similar looking bear pinbar on my H4 as well. Also I suppose when looking at the DAY chart we get a similar picture with the formation of 4 bear pinbars and possible another one developing today. Guess we'll find out what the MM's intentions are as things play out further
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