Sonic R. System | Page 3445 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Sonic R.evolution 95 replies

The System Behind the System, by Merlin Jeffries 16 replies

Old School Sonic System + Other Things 11 replies

Knife system, Vegas 4h system related questions. 4 replies

Would you trade this system? New system #2. 10 replies

Attachments: Sonic R. System
Exit Attachments

Sonic R. System

  • #68,881
  • Apr 14, 2014 9:23am Apr 14, 2014 9:23am
Quoting traderathome
{quote} USDCAD: There is another way to look at this. Price is just ranging right now. In conjunction with the release the price was first lowered, then very heavily traded up, and then lowered again on lighter volume. This pattern of price and volume strongly suggests the MMs are accumulating longs. Furthermore, since the price is still ranging, the price moves have not been to make profits, but to build positions. And since the MMs have brought the price back lower after all the hoopla during the release, it suggest the MMs want the price lower...
You're right this is interesting, one has to think carefully about each moves..so deceiving these rats are.
YOUR MOTHERS ASS
  • #68,882
  • Apr 14, 2014 9:58am Apr 14, 2014 9:58am
EURJPY Short Trade Opened:

Entered short #1, Classic.

Analysis & Comment
The bars for the US session open are incredibly bearish, high upper wicks indicating the possibility of hunting pending SL orders on shorts and the head fake triggering of pending long orders - all so that the MMs have liquidity for shorting. Then this is followed by an also very high activity bear bar, taking the price lower. So, I entered on the retrace back up. If it retraces up higher, I might add more to this short trade. No TP at this time.
Attached Image (click to enlarge)
Click to Enlarge Name: apr 2014 - 109.png Size: 64 KB
  • #68,883
  • Apr 14, 2014 10:18am Apr 14, 2014 10:18am
hiii professor. i think eurjpy more sideway, because pvrsa give signal for long usdjpy
  • #68,884
  • Edited 10:32am Apr 14, 2014 10:21am | Edited 10:32am
Quoting smallshark
hiii professor. i think eurjpy more sideway, because pvrsa give signal for long usdjpy
smallshark,

The chart of what you are trading is the ultimate source of accurate information for you as the trader.

I do not know how price will move next. But I can discern that the MMs are bears. So, if price goes sufficiently higher, I might add to this short trade. Or, I might hold until price starts to drop again and then add to this short trade. I will wait to see what I can see from the chart of this pair. The chart of any other pair I am not concerned with.

By not involving myself in the dubious effort of correlating pairs, I protect myself from falling victim to further deceptions by the MMs.

And please post a chart when you post. What you see as a PVSRA signal for long might not be. Show us what you are referring to. Remember Rule #1!

-tah
Attached Image (click to enlarge)
Click to Enlarge Name: apr 2014 - 110.png Size: 67 KB
  • #68,885
  • Apr 14, 2014 10:33am Apr 14, 2014 10:33am
Quoting traderathome
{quote} The chart of what you are trading is the ultimate source of accurate information for you as the trader. I do not know how price will move next. But I can discern that the MMs are bears. So, if price goes sufficiently higher, I might add to this short trade. Or, I might hold until price starts to drop again and then add to this short trade. I will wait to see what I can see from the chart of this pair. The chart of any other pair I am not concerned with. By not involving myself in the dubious effort of correlating pairs, I protect myself...
TAH I have a question for you, since there are quite a few MM's working for different firms around the world do they build up positions in sync with each other or do you think each MM tries to manipulate however way they want?
YOUR MOTHERS ASS
  • #68,886
  • Apr 14, 2014 10:38am Apr 14, 2014 10:38am
Quoting santos23
{quote} TAH I have a question for you, since there are quite a few MM's working for different firms around the world do they build up positions in sync with each other or do you think each MM tries to manipulate however way they want?
What difference does it make? Who cares who they are, where they are and whether or not they sometimes work in concert? Pay attention to what your Sonic R. chart shows you. That is what matters!

-tah
  • #68,887
  • Apr 14, 2014 10:59am Apr 14, 2014 10:59am
Quoting santos23
{quote} TAH I have a question for you, since there are quite a few MM's working for different firms around the world do they build up positions in sync with each other or do you think each MM tries to manipulate however way they want?

santos23, most importantly;

Attached Image (click to enlarge)
Click to Enlarge Name: ScreenHunter_103 Apr. 14 08.56.jpg Size: 54 KB


and the Forex is unregulated, what do you think?
Keep It Simple
  • #68,888
  • Apr 14, 2014 11:20am Apr 14, 2014 11:20am
Quoting traderathome
EURJPY Short Trade Opened: Entered short #1, Classic. Analysis & Comment The bars for the US session open are incredibly bearish, high upper wicks indicating the possibility of hunting pending SL orders on shorts and the head fake triggering of pending long orders - all so that the MMs have liquidity for shorting. Then this is followed by an also very high activity bear bar, taking the price lower. So, I entered on the retrace back up. If it retraces up higher, I might add more to this short trade. No TP at this time. {image}

TAH,

Are you not shorting into a strong demand/support zone? (my bad support not resistance)
Attached Image(s) (click to enlarge)
Click to Enlarge Name: eurjpyih4.png Size: 122 KB
Click to Enlarge Name: eurjpyim15.png Size: 126 KB
Keep It Simple
  • #68,889
  • Edited 11:44am Apr 14, 2014 11:24am | Edited 11:44am
Quoting cigarguy
{quote} TAH, Are you not shorting into a strong demand/resistance zone? {image}
EURJPY:

I am shorting above a half number Level, yes. Will there be strong support the next time price gets down to it? I have no idea. From my analysis, I discern the MMs are bears. And a premise of PVSRA is that bears prefer to build short above important S&R Levels. Half number Levels, in importance, are trumped only by whole number levels. And the MMs have already recently done a lot of shorting above the upper whole number. Price has not come down much since then. I am reasonably confident the MMs wish to make more profits than what they already have made.
Attached Image (click to enlarge)
Click to Enlarge Name: apr 2014 - 111.png Size: 67 KB
  • #68,890
  • Apr 14, 2014 11:30am Apr 14, 2014 11:30am
Quoting traderathome
{quote} I am shorting above a half number Level, yes. Will there be strong support the next time price gets down to it? I have no idea. From my analysis, I discern the MMs are bears. And a premise of PVSRA is that bears prefer to build short above important S&R Levels. Half number Levels are, in importance, only trumped by whole number levels.

TAH,

Thanks, just curious! ( yes, of course support not resistance, my bad )
Attached Image (click to enlarge)
Click to Enlarge Name: eurjpyih1.png Size: 121 KB
Keep It Simple
  • #68,891
  • Apr 14, 2014 12:39pm Apr 14, 2014 12:39pm
Quoting cigarguy
{quote} santos23, most importantly; {image} and the Forex is unregulated, what do you think?
Cigar, what i was trying to ask was, if each MM moves the market at will ..how do we know which way it will most likely go long-term..if there are so many big long/short orders at will?
YOUR MOTHERS ASS
  • #68,892
  • Apr 14, 2014 12:43pm Apr 14, 2014 12:43pm
Good opportunities to make a few hundred pips on the XAUUSD alone today

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_1.png Size: 62 KB
YOUR MOTHERS ASS
  • #68,893
  • Edited 1:33pm Apr 14, 2014 12:51pm | Edited 1:33pm
Quoting santos23
{quote} Cigar, what i was trying to ask was, if each MM moves the market at will ..how do we know which way it will most likely go long-term..if there are so many big long/short orders at will?
santos23,

Yes, I understand what your asking, but I believe TAH answered it above. We don't know where it will go, but have the ability to implement PVSRA, by understanding key levels, s/r and volume to attempt to determine if the MM's are bulls or bears. There is no short answer, but this can all be determined from charts to a reasonable degree. IMO, trading is based primarily on probabilities and PVSRA permits the trader to determine what is most likely to happen based on the analysis of these factors which all lead back to what the chart shows.

Good Trading!

Regards,
Cigarguy
Keep It Simple
  • #68,894
  • Edited 3:19pm Apr 14, 2014 2:59pm | Edited 3:19pm
Quoting santos23
{quote} Cigar, what i was trying to ask was, if each MM moves the market at will ..how do we know which way it will most likely go long-term..if there are so many big long/short orders at will?
Hell, even if there was only one MM, you'd still not know which way it will most likely go, especially long-term!
  • #68,895
  • Apr 14, 2014 3:23pm Apr 14, 2014 3:23pm
GA - Looks bullish background, I'm not with computer.
Attached Image (click to enlarge)
Click to Enlarge Name: PicsPlay_1397506455174.jpg Size: 118 KB
Where do the Robber Bank MMs to placing their own bets on
  • #68,896
  • Edited 9:14pm Apr 14, 2014 3:25pm | Edited 9:14pm
AUDUSD:

Sonicers,

This M1 late day "off hours" price and volume relationship occurring above the whole number, and above previous recent highs, is a definitive PVSRA indication the MMs are Bears. What we should do is to wait now for a proper Classic short setup. This is also an example of how the MMs frequently use the early part of the week to manipulate prices to where they want them, so they can load up for bigger moves in the opposite direction later.

As you can see on M15, all day long the MMs have been pushing the price up to suck in longs and trigger pending SL orders on shorts or otherwise forcing shorters into buying to close their positions, and then shorting the price back down. They've spent the day building their short positions at higher and higher and higher prices, and now they have the price higher to boot!
Attached Image (click to enlarge)
Click to Enlarge Name: apr 2014 - 112.png Size: 54 KB
Attached Image (click to enlarge)
Click to Enlarge Name: apr 2014 - 113.png Size: 76 KB


Edit: Follow-up after the release......
Attached Image (click to enlarge)
Click to Enlarge Name: apr 2014 - 116.png Size: 66 KB


-tah
  • #68,897
  • Apr 14, 2014 3:33pm Apr 14, 2014 3:33pm
Quoting traderathome
AUDUSD: Sonicers, This M1 price and volume relationship occurring above the whole number is a definitive PVSRA indication the MMs are Bears. What we should do is to wait now for a proper Classic short setup. This is also an example of how the MMs frequently use the early part of the week to manipulate prices to where they want them, so they can load up for bigger moves in the opposite direction later in the week. As you can see on M15, all day long the MMs have been pushing the price up to suck in longs and trigger pending SL orders on shorts, and...
isn't it below the quarter number? I thought bears do it above
Scan all 28 Forex pairs with ONE chart... Currency Strength28 Indicators
  • #68,898
  • Apr 14, 2014 3:59pm Apr 14, 2014 3:59pm
Quoting Bernhard
{quote} isn't it below the quarter number? I thought bears do it above
Bernhard, Buying volume above whole numbers means selling right?, Whole number levels are the most important the rest are secondary?.
YOUR MOTHERS ASS
  • #68,899
  • Apr 14, 2014 4:10pm Apr 14, 2014 4:10pm
Quoting traderathome
AUDUSD: Sonicers, This M1 late day "off hours" price and volume relationship occurring above the whole number, and above previous recent highs, is a definitive PVSRA indication the MMs are Bears. What we should do is to wait now for a proper Classic short setup. This is also an example of how the MMs frequently use the early part of the week to manipulate prices to where they want them, so they can load up for bigger moves in the opposite direction later. As you can see on M15, all day long the MMs have been pushing the price up to suck in longs and trigger pending SL orders on shorts or otherwise forcing shorters into buying to close their positions, and then shorting the price back down. They've spent the day building their short positions at higher and higher and higher prices, and now they have the price higher to boot! -tah {image} {image}
Quoting Bernhard
{quote} isn't it below the quarter number? I thought bears do it above
Quoting santos23
{quote} Bernhard, Buying volume above whole numbers means selling right?, Whole number levels are the most important the rest are secondary?.
AUDUSD:

Note the high impact release coming in about 4.5 hours. It could be the reason the MMs have been pushing the price up all day, the reason they are bears. If they knew this would be bullish for the aussie, they'd have kept the price low and accumulated longs. Don't forget that the liquidity providing bank MMs know all there is to know about currencies. And they have foreknowledge of the essence of releases. MMs do not react to releases. They scheme in advance of them.

And when the release comes, the MMs might even whip and whack the price to the upper half number area and back down; a double top.

I could be wrong about this, have been before.

-tah
Attached Image (click to enlarge)
Click to Enlarge Name: apr 2014 - 114.png Size: 64 KB
  • #68,900
  • Edited 9:34pm Apr 14, 2014 9:04pm | Edited 9:34pm
AUDJPY Short Trade Opened:

Entered shorts #1-2, Classic and Scout.
Attached Image (click to enlarge)
Click to Enlarge Name: apr 2014 - 117.png Size: 64 KB
43 traders viewing now