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Sonic R. System

  • #66,701
  • Mar 4, 2014 10:16am Mar 4, 2014 10:16am
PVSRA: NU, Bull or Bear?

Looks like MMs have been supporting price above 3/4 Level, around the DR1 area, while consolidating (position building)......
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  • #66,702
  • Mar 4, 2014 10:21am Mar 4, 2014 10:21am
Quoting loeil
{quote} Could be..I'm holding my longs. Pink area seems to be nice profit area, but time will tell, depends on price action too. {image}
You was right. Price is "your" area . Great analysis.
  • #66,703
  • Mar 4, 2014 10:22am Mar 4, 2014 10:22am
Quoting traderathome
PVSRA: AU, Bull or Bear? Consolidation (position building) below half level....... {image}
its nice when you read something and you just had that same thought pattern... when you first start out reading charts is like interpreting art, everyone has their own opinion about what they see...

Attached Image

it looks like they are position building for the news in 8 or 21 hours time... how likely is it that the AUD : GDP news is there to accumulate more longs ?
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  • #66,704
  • Mar 4, 2014 10:26am Mar 4, 2014 10:26am
PVSRA: GA, Bull or Bear?

It looks like the MMs have been supporting price here also. You can see the gradual increase in activity as price ranged around the half Level, above the 1/4 Level of support.....
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  • #66,705
  • Mar 4, 2014 10:26am Mar 4, 2014 10:26am
Quoting FXRobert
{quote} You was right. Price is "your" area . Great analysis.
Yeah, I was pretty sure of that area, but price was struggling below the RDH and I was little bit busy too, so I decided to close them earlier.
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Whatever is obvious is obviously wrong!"
  • #66,706
  • Mar 4, 2014 10:29am Mar 4, 2014 10:29am
Quoting loeil
{quote} Yeah, I was pretty sure of that area, but price was struggling below the RDH and I was little bit busy too, so I decided to close them earlier. {image} {image}
its a shame that we don't have a probability indicator when price consolidates
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  • #66,707
  • Mar 4, 2014 10:37am Mar 4, 2014 10:37am
PVSRA: EU, Bull or Bear?

Activity today has been mostly above the 1/2 Level, but without making new highs. Instead, the highest activity was when the highest prices were achieved today when the MMs pushed the price above the 3/4 Level! This is a PVSRA indication the MMs are bears.
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  • #66,708
  • Mar 4, 2014 10:44am Mar 4, 2014 10:44am
PVSRA: UChf, Bull or Bear?

This has formed a Double Bottom, and with other PVSRA indications of Bulls......
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  • #66,709
  • Mar 4, 2014 10:48am Mar 4, 2014 10:48am
Quoting FXRobert
{quote} 4 longs closed. {image}
GOLD scout scalp shorts add 1-2
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  • #66,710
  • Edited 11:11am Mar 4, 2014 10:58am | Edited 11:11am
PVSRA: GU, Bull or Bear?

The question I have is whether the top of the probable "M" pattern is already complete, or will the MMs push it back up for a Double Top? This is a legitimate question because the MMs have the price in a Wyckoff Distribution Phase, or as we would say, an Accumulation of Shorts Phase. And, as we well know from Wyckoff, the dirty, deceiving, bastard MMs can execute a "SPRING" move up before proceeding to pull the rug and start their Bear Run for Profits.

And tomorrow would be a good day for the MMs to engage in their "dirty tricks" because there will be multiple high impact releases for this pair.

-tah
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  • #66,711
  • Mar 4, 2014 11:09am Mar 4, 2014 11:09am
Quoting traderathome
Master Sonicdeejay, thank you for exlaining how you place the necessary SL, your rules being: 1. The Place must be lower than the previous significant low (for Long), and must be higher than previous significant high (for Short). 2. The Place must not be more than 100-120 pips from the trade entry price (for EUR/USD). In order to avoid confusion regarding rule #1, I have looked for another recent example of a Sonic R. System setup wherein The Place is not the same as a previous significant H/L created by the PA Wave itself. Sonikers, look at the...

Hi! May I know what is the ma/ema used in the chart, the black line and what is the settings ? thank ypu.
  • #66,712
  • Mar 4, 2014 11:17am Mar 4, 2014 11:17am
Quoting JRissa
{quote} EU added scout short #2 Set hard TP at 1.3691 {image}
EU

Desided to take profits now at marked price.
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I know the secret...
  • #66,713
  • Mar 4, 2014 11:22am Mar 4, 2014 11:22am
Quoting JRissa
{quote} EU Desided to take profits now at marked price. {image}


Hi! JRissa, I like your chart in the smartphone, may I know what is the ma being used, the pink and the 3 light blue colors lines, thank you, happy trading Bye
  • #66,714
  • Mar 4, 2014 11:28am Mar 4, 2014 11:28am
Quoting francis3388
{quote} Hi! May I know what is the ma/ema used in the chart, the black line and what is the settings ? thank ypu.
May I know.....?

Sure you may know! All you have to do is a little work by reading Post #1 and the material linked in Post #1. The answers to all questions can be found by doing this.

-tah
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  • #66,715
  • Mar 4, 2014 12:35pm Mar 4, 2014 12:35pm
Quoting loeil
{quote} Yeah, I was pretty sure of that area, but price was struggling below the RDH and I was little bit busy too, so I decided to close them earlier. {image} {image}
loeil,

Your supply area was pink and mine was green, but same target. What settings are you using for you SupDem indicator? (please PM if you don't mind) My entry was the 1-2-3 setup.

Thanks
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Keep It Simple
  • #66,716
  • Edited 1:01pm Mar 4, 2014 12:44pm | Edited 1:01pm
Quoting cigarguy
{quote} loeil, Your supply area was pink and mine was green, but same target. What settings are you using for you SupDem indicator? (please PM if you don't mind) My entry was the 1-2-3 setup. Thanks {image}
I don't use SupDem indicator, I marked that area manually, based on support&resistance and Fibonacci Expansion.

I have used Fibonacci Expansion tool before and I like it. If there is a correct wave, then this tool works exactly how it meant to be
Whatever is obvious is obviously wrong!"
  • #66,717
  • Edited 1:21pm Mar 4, 2014 1:06pm | Edited 1:21pm
Quoting cigarguy
{quote} loeil, Your supply area was pink and mine was green, but same target. What settings are you using for you SupDem indicator? (please PM if you don't mind) My entry was the 1-2-3 setup. Thanks {image}
Often times the FE study can be applied to the first wave of a reversal to yield future levels most likely to be important......
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  • #66,718
  • Mar 4, 2014 1:16pm Mar 4, 2014 1:16pm
Quoting traderathome
{quote} Often times the FE study can be applied to the first wave of a reversal to yield future levels most likely to be important...... {image}

TAH & loeil, Thanks for the information it is appreciated. I have been using the SuppDem indicator. I'll dust off my fib tool and give it a try.


loeil:
I don't use SupDem indicator, I marked that area manually, based on support&resistance and Fibonacci Expansion.

I have used Fibonacci Expansion tool before and I like it. If there is a correct wave, then this tool works exactly how it meant to be
Keep It Simple
  • #66,719
  • Mar 4, 2014 3:52pm Mar 4, 2014 3:52pm
Quoting traderathome
{quote} New Indicators for MT4 Build 600+ Complete upgrades from 2013 have been reworked (and further improved as a part of the rework) to make them compatible with MT4 Build 600+. These new indicators are in final Beta testing. Barring any unexpected need for additional attention, I expect to release them this month. Please be patient. As loeil has kindly pointed out some posts above, atstrader made some changes to the last released indicators in order to get them to work. You might consider using them until the new release is made: http://www.forexfactory.com/showthre...03#post7281503...

Thanks a mill "traderathome" & "Loeil" ill see to get them to work otherwise im patient as SM can be
  • #66,720
  • Mar 4, 2014 4:18pm Mar 4, 2014 4:18pm
Quoting francis3388
{quote} Hi! JRissa, I like your chart in the smartphone, may I know what is the ma being used, the pink and the 3 light blue colors lines, thank you, happy trading Bye
they are Dragon (3 34EMA C-H-L) and Trend line (89EMA C)
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