EURCAD ready for shorting at 1.504 levels..
EURAUD ready for shorting at 1.468 levels
EURAUD ready for shorting at 1.468 levels
Attached Image(s) (click to enlarge)
- #68,502
- Apr 9, 2014 1:06am Apr 9, 2014 1:06am
- Joined Mar 2008 | Status: PVSRA with Traderathome | 23,552 Posts
- #68,503
- Edited 4:16am Apr 9, 2014 1:07am | Edited 4:16am
- Joined Jan 2013 | Status: Trader | 1,107 Posts
I posted my analysis on here for everyone to learn from MY mistake. I did not have to. Not many analyse their mistakes here, they just keep averaging down, if I am wrong show me. Most here are lurking anyway and not contributing at all. Check post 68,370 -68,373 who needs their head examined???? I did not post my mistake to be called arrogant by a bunch of idiots no matter how long they been here. And you will notice that when I do post analysis it is in time for others to get in not 20 min to an hour later.
{quote} {quote} You're a joke.
{quote} YOU DEFINE YOU RISK AND EXITS MORON, put in a freakin stop loss dip let me break it down for you like a child, when you have a reversal of the situation that got you in ie weakness got you in and you see strength GTFO, what else do you want?
{quote} This will go to 94 then 95
{quote} I dont have time now, trading, I will later if you like. How is your NZDUSD SHORT working out? Did you take 100 pip draw down?
{quote} It can lasts forever
You had bad trade and you blame system. You edited your post about UJ that I originally commented on. You edited system blaming out from it now, but that was the reason I commented on it.
I infact gave you answer you were asking for:
"You picked first; USD=currency being in building phase for strenghtening and second; JPY=currency being pumped down for quite some time and clearly in phase of upcoming strenghtening."
"Pick best pairs to trade atm and wait for clear signs. most times currencies doesn't change direction when you expect it, only shortly after or little before. Levels are mental and provide good oppoturnities to experienced big pocked traders to exploid less experienced traders."
Me, I don't get angry easily and don't have any hard feelings. I infact give you present of knowledge now:
I'll try to help people to properly understand Professor TAHs volume indicator and volume all together. BUT FIRST! REMEMBER THAT WE DON'T TRADE VOLUME ALONE! ONLY USE IT AS SUPPORT/CONFIRMATION FOR SONIC R SETUP! Professor TAH has made great job here with this volume indicator and special way to display candles. Volume histogram, for my understanding isn't any more special, than normal mt4 volume histogram, as showing volume. The way it shows it is special; When there is "climax" candle, both histogram and candle shows it. Climax candle means that...
{quote} Maby this will help to understand better... {image} {image}
{quote} Maby this will help. {image}
{quote} Just a thought about how MM's work this out... {image}
{quote} Trying to analyze what's happening here. Edit: I would not take short position before price goes above full number, or go below next full number. That drop below last 15min swing low from this CZ would confirm that MM's are ready with their short oders. Still I'm more confident that they will take it higher first and that's where I'm going to load my shorts. After huge drop yesterday I think they can get enough liquitity to do so. {image}
{quote} Well now... I said it is good to wait that price goes below current consolidation zone, didn't I? Before clear signal that MM's are ready to go lower, they're probably going to take it even higher to get better positions. Different ways for different people to see how to trade, but I'm not suggesting to take Sonic R trades when we are at CZ. Only after setup is getting out of one. We can start building positions there the MM way, as Professor TAH says, but you must be confident enough to do so, because more than often, price still makes...
{quote} Can I now say; Told Ya! {image} Edit: Okay, still waiting for the last part to happen; MM's closing longs and start driving price down. {image}
{quote} Well I have kind of told that already; I think that MM's are bears and keeping the price up with upwards movement, so that most people think that it's good to go long. That will provide them needed liquidity to open shorts and the longs that they used to keep price going up, will be the last to close. That way they make profit both ways and others are getting caught pants down. {image}
Right now I think that herd looked at price bounced from daily pivot. So everybody is opening shorts. MM's are buying those shorts away to get through daily pivot. These longs they open here are going to be used with earlier longs to bring the price down when they have reached the point they want (possible above next full number). They can add much more shorts if the price gets above daily pivot, because herd thinks that its a sign now that we are going up. Those who opened shorts here, cancel their shorts or SLs are being hit, this provides MM's...
GU EP3 scout short. Target reached! {image} {image}
Closed all GU trades starting from 1.5364. Tried something new and multiplied every position with sell stops when price passed entry points to estimated direction. {image}
{quote} Some more action at EU. PVSRA lesson, the way I'm using it right now to support setups. Here I have explained on chart, how I am using PVSRA at the moment. These bigger trend changing "stopping" volumes need to be seen near Support/Resistance levels. After that I'm watching for "supporting" volume for new direction. This can be wrong kind of analysis, but hopefully I'm not leading anybody to wrong direction. Just sharing my thoughts about volume analysis. {image}
{quote} This way of analysis is the reason I'm still keeping myself away from Yen shorts... There is definately "stopping" volume (MM's building shorts) on highest prices, but there is no "Supporting" volume on way down. This keeps telling me that MM's are still loading and not ready to take price down. I'm stil guessing this is maby going over next full number before changing direction. {image}
{quote} PVSRA lesson Update on EU. The way I see it... {image} Edit: And how to use with original Sonic R rules: This PVSRA analysis should confirm that forming Sonic R re-entry should run fine. On 15min chart this might turn to re-entry with high propability. {image}
{quote} There is one thing that you need to take into consideration with volumes; on what time of day they occur? The first "touch" is at London session, where volumes are always higher than asian session volumes. {image}
{quote} {image} {image}
{quote} U sure? {image} {image}
{quote} KAZAAAM! {image} {image} http://youtu.be/UNAr5tzZxdk http://youtu.be/AClABsK3GAo {image}
{quote} You might be absolutely right once again Professor, but I have my reasons to stay in this long position still little longer... I think that down now would be too easy. Isn't that what everyone is expecting? I have learned to always expect the unexpected. Most of the times, it's the highest propability scenario {image} {image} This drifting slowly little downwards would give MM's huge long orders as everyone else shorts. Everyone can see this strong weekly/monthly trendline and thinking that it will hold once again. Also as you said...
{quote} Can I say Told Cha
VOLUMEREADING continued... If in position down already, this is a warning, but not rewerse. No upwards pressure yet. {image} {image} {image} BTW full opposite to this is happening on EU as I write
Okay! I got to my Macbookpro, so I'll take some time to explain the best I can in nutshell what I'm expecting on EU right now. Same goes to UJ and USDCHF. First I must apologize that this will be only first scratch to this subject, but I have not much time now to write in more deep 3d view. First, here's chart and markings what I'm expecting market having orders in right now. {image} Now we get to basics: -Making BUY order = euro has more interest -> EURO goes up against DOLLAR -STOPLOSS = level where your order is liquified -> your positions given...
And here is a gift:
{quote} Ask and you will be answered Reasoning for targets: http://www.forexfactory.com/showthre...70#post7283270 Market structure for GU:{image}
I would be cautious about shorting GBP too soon. I'm watching these levels. {image}
{quote} We are getting near first level {image} {image}
There you go
Grow your account with this one pair info or don't.My knowledge is mostly there in nutshell and more precise in past posts in between.
Use it or lose it
Happy trading and green pips!
Ps.
If all else fails; you can always count on ottomotor crankshaft drive analysis
{quote} Actually, this is called Ottomotor crankshaft drive analysis. Crankshaft doing it's natural round movement little by littleAll those diamonds are just bumbs on the road that need to be crossed
I know the secret...
- #68,505
- Edited 3:39am Apr 9, 2014 1:25am | Edited 3:39am
- Joined Mar 2008 | Status: PVSRA with Traderathome | 23,552 Posts
PVSRA Lesson: AUDUSD, Bull or Bear?
Sonicers,
Our chart is always the best source of information. Here is a notable situation......
I labeled it "Pump & Dump", but actually the MMs whip the price up the queue taking the short side of pending long orders and also using the liquidity of stopped out shorts to get more of their own shorts filled. Note that they took the price up the queue above the 3/4 Level (PVSRA).
Note that by first forcing the price up while shorting, and then shorting the price back down, they gain - as sellers! - short positions at higher prices, not lower prices! This is typical price manipulation by bear MMs building short positions. This goes to the core of understanding how the markets work. Just because prices might rise does not mean the market is bullish. Just because prices fall does not mean the market is bearish.
No one knows how price will move next. Get that into your brains, Sonicers! And, if we cannot know how price will move next, then how can we trade profitably on price action alone? We can't. And neither can we trade profitably on just price derivative indicators alone! Let that sink in also! No price derivative indicator, or combination of price derivative indicators can reveal if the market is currently bullish or bearish - if the MMs are now bulls or bears - but PVSRA can! And PVSRA can ferret out the status of the MMs by some of the very price manipulations they pull off, immediately as they pull them off!
Investing in our skill at PVSRA to know the best time to strike, and in developing the patience to wait for that time, is a far better investment to make and course of learning to undertake, than is anything else. And, it is all free here on the Sonic R. System thread. 
Here is some follow-up..... 
Here is some more follow-up. You need to understand that such price moves are all about the MMs creating liquidity for shorting. They cannot just submit short orders and expect them to fill. They need buyers to take the other side, to supply the needed liquidity for shorting. They get buyers by pushing the price up the queue, hitting pending buy orders and sucking in real-time buyers, and also by stopping out shorts and forcing them into being buyers to close their shorts! Price manipulation is how the MMs get the liquidity they need, and sometimes their price manipulations will clearly indicate if they are bulls or bears,...no matter which direction the price might be going overall! In this last picture you can see the London open MMs come on the scene and engage in notable volumes after they push the price back up higher again. And they keep pushing the price up, back above the 3/4 Level (PVSRA), and continue heavy trading above that Level. Ask yourself this question, why would the London open MMs force up the price to do their heaviest trading? Are they buyers or sellers? Are they bulls or bears?
Sonicers, our chart is always the best source of information!
-tah 
Sonicers,
Our chart is always the best source of information. Here is a notable situation......
I labeled it "Pump & Dump", but actually the MMs whip the price up the queue taking the short side of pending long orders and also using the liquidity of stopped out shorts to get more of their own shorts filled. Note that they took the price up the queue above the 3/4 Level (PVSRA).
Note that by first forcing the price up while shorting, and then shorting the price back down, they gain - as sellers! - short positions at higher prices, not lower prices! This is typical price manipulation by bear MMs building short positions. This goes to the core of understanding how the markets work. Just because prices might rise does not mean the market is bullish. Just because prices fall does not mean the market is bearish.
No one knows how price will move next. Get that into your brains, Sonicers! And, if we cannot know how price will move next, then how can we trade profitably on price action alone? We can't. And neither can we trade profitably on just price derivative indicators alone! Let that sink in also! No price derivative indicator, or combination of price derivative indicators can reveal if the market is currently bullish or bearish - if the MMs are now bulls or bears - but PVSRA can! And PVSRA can ferret out the status of the MMs by some of the very price manipulations they pull off, immediately as they pull them off!
Investing in our skill at PVSRA to know the best time to strike, and in developing the patience to wait for that time, is a far better investment to make and course of learning to undertake, than is anything else. And, it is all free here on the Sonic R. System thread.
Here is some follow-up.....
Here is some more follow-up. You need to understand that such price moves are all about the MMs creating liquidity for shorting. They cannot just submit short orders and expect them to fill. They need buyers to take the other side, to supply the needed liquidity for shorting. They get buyers by pushing the price up the queue, hitting pending buy orders and sucking in real-time buyers, and also by stopping out shorts and forcing them into being buyers to close their shorts! Price manipulation is how the MMs get the liquidity they need, and sometimes their price manipulations will clearly indicate if they are bulls or bears,...no matter which direction the price might be going overall! In this last picture you can see the London open MMs come on the scene and engage in notable volumes after they push the price back up higher again. And they keep pushing the price up, back above the 3/4 Level (PVSRA), and continue heavy trading above that Level. Ask yourself this question, why would the London open MMs force up the price to do their heaviest trading? Are they buyers or sellers? Are they bulls or bears?
Sonicers, our chart is always the best source of information!
-tah - #68,506
- Apr 9, 2014 1:33am Apr 9, 2014 1:33am
- Joined Nov 2013 | Status: Trading Chaos | 1,133 Posts
Added to my USDCHF trade on the classic:
- #68,507
- Apr 9, 2014 1:52am Apr 9, 2014 1:52am
- Joined Jan 2013 | Status: Trader | 1,107 Posts
{quote} Bet I've made a hell of alot more than you in the past month.With a trade explorer to prove it. Where is yours? YOU are an arrogant ass to think you are a good teacher. Name calling is not a way to get on someones good side, which you started by the way you moronic sack of dog sh*t.
When bragging with income from trading and with trade explorer...
Your chart shows your trades were 0.01 lots and your trade explorer shows ~6% loss with 55pips move on usdjpy. One doesn't need to be mathmatical genious to add 1+1 and see that you are trading pennies. Please don't brag or argue with trade explorer when you can't even keep it fully open. I shared trade explorer fully last year for some time and if you search my posts, my account went from 100€ to ~1030€ in first three weeks with pvsra+sonic R
I'm long past that now year afterwards... Been sharing everything here to help fellow traders.I see you only brag and laught until now. No respect.
I know the secret...
- #68,510
- Apr 9, 2014 2:05am Apr 9, 2014 2:05am
- Joined Nov 2013 | Status: Trading Chaos | 1,133 Posts
SaiLYfee looking good so far for classic entry long but dont be trigger happy becos the trend line needs to point up too...
- #68,511
- Apr 9, 2014 2:08am Apr 9, 2014 2:08am
- | Commercial User | Joined Jan 2011 | 4,044 Posts
{quote} BTW... When bragging with income from trading and with trade explorer... Your chart shows your trades were 0.01 lots and your trade explorer shows ~6% loss with 55pips move on usdjpy. One doesn't need to be mathmatical genious to add 1+1 and see that you are trading pennies. Please don't brag or argue with trade explorer when you can't even keep it fully open. I shared trade explorer fully last year for some time and if you search my posts, my account went from 100€ to ~1030€ in first three weeks with pvsra+sonic R
- #68,514
- Apr 9, 2014 3:10am Apr 9, 2014 3:10am
PVSRA Lesson: AUDUSD, Bull or Bear? Sonicers, Our chart is always the best source of information. Here is a notable situation...... I labeled it "Pump & Dump", but actually the MMs whip the price up the queue taking the short side of pending long orders and also using the liquidity of stopped out shorts to get more of their own shorts filled. Note that they took the price up the queue above the 3/4 Level (PVSRA). Note that by first forcing the price up while shorting, and then shorting the price back down, they gain - as sellers! - short positions...
We do have a same scenario on the NzdUsd.
Pump and dump above the whole number during the Asia session.
MMs is bull/bear? Pick your side.
M15 Classic forming
Like what Prof always say, Time will tell.
-AdrianC.
- #68,515
- Apr 9, 2014 3:59am Apr 9, 2014 3:59am
- Joined Nov 2013 | Status: Trading Chaos | 1,133 Posts
This situation with NZD we've have....it seems, familiar 
..Where have I seen this before? Oh. That's right AUDUSD. Does history really repeat itself?..
Time shall tell :nerd:
..Where have I seen this before? Oh. That's right AUDUSD. Does history really repeat itself?..
Time shall tell :nerd:
- #68,516
- Apr 9, 2014 4:18am Apr 9, 2014 4:18am
Hello all,
I'd like to share thoses two pictures and ask if members use cross analisys or not ? Imo, I think it could be interesting but sometimes you can miss trades with this tool.
EA, it seems MM are looking for prices close to BRN to build longs (close to the first red circle H4 and H1)
Lots of dojis here but not much volume on M15 ==> do they want to buy lower ? Do I have to concider dojis without significant volumes ?
AU, it seems MM are active on top of the yellow zone but this zone has been broke up, we can see a double top on H1 and M15 with a bearish candle on M15.
Imo, they reached the price higher to build shorts above 0.9375.
I'm still studying this system and really not sure my understanding is OK, that's why I'am asking ...
We play in a very important area on these two pairs and we'll know soon what they want to do.
As you can notice english is not my mother tongue, sorry if I 'm not clear enough.
I'd like to share thoses two pictures and ask if members use cross analisys or not ? Imo, I think it could be interesting but sometimes you can miss trades with this tool.
EA, it seems MM are looking for prices close to BRN to build longs (close to the first red circle H4 and H1)
Lots of dojis here but not much volume on M15 ==> do they want to buy lower ? Do I have to concider dojis without significant volumes ?
AU, it seems MM are active on top of the yellow zone but this zone has been broke up, we can see a double top on H1 and M15 with a bearish candle on M15.
Imo, they reached the price higher to build shorts above 0.9375.
I'm still studying this system and really not sure my understanding is OK, that's why I'am asking ...
We play in a very important area on these two pairs and we'll know soon what they want to do.
As you can notice english is not my mother tongue, sorry if I 'm not clear enough.
This situation with NZD we've have....it seems, familiar
MMS draw three top ?? , big profit