Sonic R. System

short Aud/Nzd

Double top weekly--showing weakness- currently in area of previous high volume where it sold off before

Started scout.

Oh that you knew was wrong? And I did not say anything.
Well, later corrected the error and even won a little.

GbpCad

Short scout opened

Looks good-- bought into 76.4 fib and has been showing a lot of rejection signals from this area

Closed this--- I think I pulled the trigger a bit too soon--doesn't quite feel right yet after analysis of all timeframes

Will wait for a better signal

"Whippin' Whacking" Forex Market Making Banks

Some folks come here and then go.

Like one who came here earlier this month, proclaiming to once be a trader working for a hedge fund, they just don't understand how the market really works. For all of their supposed "knowledge and experience" trading in the markets, they are as ignorant as new babies of how our forex market works.

This forex market is extremely price manipulated by the liquidity providing banks at its core. Price manipulation is ongoing and at times it is extreme. I have been saying this for years on this thread, and many with ears closed to the truth have left due to their belief that markets are all "nicey-nicey", where prices are only based on supply and demand. Nothing could be further from the truth.

I am not about to recant what I have been saying about these low down, dirty, rotten, stinking, greedy, deceiving & thieving, market corrupting liquidity providing forex market making banks. They are liars. They are thieves. They are corrupt and evil. And we have to trade against them! This is David vs Goliath. Do not doubt it for a second! The fact that we have retail brokers as middlemen only disguises reality, or in some cases makes it worse! There is no regulation of the spot forex market. In some countries there are some regulations for spot forex market brokers, which also contain parts that affect retail traders. Unfortunately, some of these regulations became tainted by the corrupt banks before being passed into law. So they work against the retail trader, not for the retail trader. An example in the USA is that retail traders can no longer "hedge" and they no longer have the freedom to close orders in any sequence that will make them the most profits or the least losses. There are good reasons why most people lose their money trading the spot forex market. And by current reports, these losses are on the increase and partly due to that part of the "broker" regulations which intentionally disadvantage retail traders! Make no mistake about this. The deceiving & thieving corrupt big banks get the laws they want and pretty much decide how stringently those they don't like get enforced! You are David. They are Goliath. And they are the spot forex Market Makers.

So, I call them MMs (Market Manipulators). I don't care who in actuality they are, nor where they are. Market prices are manipulated. And, for we Sonicers, their manipulation of market prices is an opportunity to get a clue about what is happening. Not always, but at times the manipulation of prices by the MMs can be seen, and we can analyze what we see (PVSRA) to get a uniquely reliable read on the market.

Now some come here and do not take doing their homework seriously, do not make progress learning PVSRA, and end up confused and frustrated. Well, to them for their efforts I have no respect. I say only that if this was a course in biochemical engineering, nano technology, or advanced computer systems and programming, if they expected to get anywhere with the ridiculously inept efforts they make for as short a time as they make them, then they are fools. And the price manipulating, forex market corrupting banks are looking for them, and more like them, as sheep for the shearing.

I might also add that it is a good laugh I get when other folks expound on their favorite indicators, especially when they have so many added to their charts that it is no wonder that the actual price action is the least they see! What is laughable is that they think their indicators can somehow decipher what is going to happen to price!

Anyway, here is a chart I posted earlier today. Since then the "Whippin' Whacking" MMs went at it again. Twice today, after working prices upwards which helped to stop out shorts (which created buying and in turn helped to further raise price), which helped to suck in live longs, and which helped to trigger pending long orders - after all this buying! - the MMs twice whacked the price (back below a whole number: PVSRA) to capture the buyers money (liquidity) and use that money to fill their own long orders. This is market price manipulation. It has nothing to do with supply or demand. It has everything to do with the MMs coaxing liquidity into the market and then manipulating price to squeeze that liquidity into their own pockets!

And yes, to that professed ex-trader from a hedge fund, these corrupt market making banks can and do manipulate daily, weekly, monthly. They manipulate prices on an ongoing basis because that is how a huge amount of their thieving is accomplished, adding to their billions of profits yearly.

Take a good look at this chart. The corrupt banks behind these moves are what you face.....every day in the market. If you don't have the will or the ability to do a decent job on your homework here, then please go elsewhere to lose your money. If you think we should be answering questions that shouldn't need to be answered if homework was properly done, while we as traders are engaged real-time in combat against these crooks, then please go elsewhere to lose your money. If you believe by adding more indicators to your charts than what we prescribe, then please go elsewhere to lose your money.

But, if you are one of those that did, or are doing your homework, diligently and with dedication - getting your own answers to the "odds and ends" questions, and have decided to be a contributor to the content of the volume of this thread instead of a detractor to this voluminous content, then you are a Sonicer at heart, and "Welcome!" to the Sonic R. System by Master Sonicdeejay.

-tah

wonderful read, thank you so much. also i love what you guys have done with this system over the years. i finally broke down and decided to be a sonicer there is so much to study first.. but good thing i understand exactly what you guys are talking about. i'll study hard and get a better understanding before you guys see any more posts from me. thanks again !

allisonmagic,
Welcome and good trading

Regards,
Cigarguy

Professor I really must thank you from the heart for all you do here. I don't know how you keep coming back here to teach us what you know especially when I see people come in here just to criticize or ask the most basic questions over and over. (In the past two weeks since revisiting this thread I have seen quite alot) It really says something about your character to persevere and I think we all can learn from that.

After all this market requires a thick skin and I think you prove that to us every single day

From a psychological standpoint everything I've learned thus far has helped me break away from the "herd" mentality and improved my trading. There is still much to learn and that will never stop so long as there are greedy people who will try to take our money every which way. You probably don't get your due credit so I just wanted to post my gratitude

To all Sonicers that may or may not be around tomorrow, an early;

Many thanks to Sonic and especially TAH for his tireless effort and devotion to the success of this thread and all Sonic traders

Regards and have a Blessed Easter!
Cigarguy

allisonmagic,

I have had you on "Ignore" for a very long time. I just saw that you again posted here after such a long time. I was curious, so I took a look at this post of yours.....

Boy! What a surprise! I have to say that you have distinguished yourself. I cannot remember another person that has has the humility, wisdom and guts to convert like you have. Frankly, I am almost in tears over the ways this thread reaches out to folks, and here and there sometimes something remarkable happens.

Welcome back!

-tah

Dyekid217,

Thank you for your very kind words. All that Master Sonicdeejay and I receive for the work we do here is the knowledge that we are appreciated and that what we do is effective in helping traders become more and more successful.

This thread is unique. I think it is unique not only on Forex Factory, but everywhere. And it is folks like yourself, that take the time to contribute, to demonstrate for all to see how to become a Sonicer, how to adopt and adapt, how to stay on the rocky road of progress, and how to defend the realm.

May God bless You,
-tah

Thank You Mr. Trader @ Home.

I've been demo- ing this and I find it absolutely wonderful-- although I am still learning to choose the absolute premium signals, then work them for all they're worth

This is also the only thread and system within the entire FF that isn't pretentious and full of... 'It' The regulars here are helpful, kind, and respectful.

And you, sir, have given so much so selflessly--- and all the other regular posters , to give examples that really do help to read price action.

I hope that through time, I too can become a successful Sonicer-- hopefully as successful as I can cook

Happy Easter from Malaysia! Enjoy the holiday and be safe. See you guys next week! God bless.


Ps. As always thank you Master Sonic & Prof.Tah for all the work that put into building the system & keeping it alive for free.
No much people willing to really guide people to the true side of forex like you 2 does.
As always 98% of retailers fail in forex. What turn out is "selling" courses, signal & etc.
In here, Prof.Tah giving out education + indicator (keep it always up to date) for free to everyone that wants to learn.
Thank you and god bless you both.

-AdrianC.

UJ long closed for profit.

AUDUSD Bull bias

possibilities:

1. Close at this level and challenge last higher high
3. retracement up to 61.8% if this current structure violated

I am building Long around fib level from now with target 0.95

No Stop loss set; however, Sell stop below 0.93

cigarguy,

I wish to thank you for your dedication to this thread and also for your posts defending the realm when you see justification to do so. You have become a true Sonicer, and I very much appreciate you for your selfless efforts in making worthy contributions here to help others.

Thank you,
-tah

NU Long: First entry opened.

NZDUSD:

qFish,

Why long? H4, H1, M15.....all show trending down, Dragon angled down and even the Trend angled down. Except for H4, the Dragon is now below the Trend. And the way it looks, that will soon be the case on H4, too. On M15 there are many "notable" spikes and retraces back up thru the 1/4, whole number and now the next lower 3/4 number, PVSRA indications the MMs are bears accumulating short orders, some of which are marked in the attached pic.

I do not understand why you are choosing to enter a long trade.

-tah

Luv2Cook,

Welcome to the Sonic R. System thread. And thank you for taking note of some things that make this thread stand above the others. I would also like to say that I appreciate your recent post where you showed M15, and also the higher TF chart using the Fibonacci Retracement study to provide a perspective as to where the M15 action was occurring, providing further supporting analysis.

-tah