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Sonic R. System

  • #73,621
  • Jun 24, 2014 2:30pm Jun 24, 2014 2:30pm
Quoting judgemegod
NZDJPY: Price is climbing before news, high activity above 89.00, overall picture looks bearish to me :o {image}
NZDJPY: Starts to kick in. I'll be glad to add another short if price will get spiked up with high buying vol.
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  • #73,622
  • Jun 24, 2014 2:59pm Jun 24, 2014 2:59pm
Quoting traderathome
USDCAD: The MMs are back to being bulls. Well, we knew this was to come and it was just a question of time. The first thing the London MMs did was to whack the price a bit to trigger any liquidity for long orders down at the previous lows. Shortly after the US open, these MMs also whacked the price back down to a previous support level to trigger any liquidity for long orders. By "trigger" I mean that the MMs were manipulating the price down the queue of orders, reaching pending short orders, triggering them and taking the long side. Also, they...
I think I did jump on this train too early but it looks good.
We can see that we reached a good weekly support level and selling vol decreased. =]
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  • #73,623
  • Jun 24, 2014 3:10pm Jun 24, 2014 3:10pm
Quoting judgemegod
{quote} I think I did jump on this train too early but it looks good. We can see that we reached a good weekly support level and selling vol decreased. =] {image}
judgemegod,

Your analyses are good and your trades are as well, and you are a blessing to this thread.

-tah
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  • #73,624
  • Edited 4:13pm Jun 24, 2014 3:21pm | Edited 4:13pm
NZDUSD:

Trend reversal, I think. The last time at these highs (off to left on chart) did not do it. This time might.

See that top candle in the circle, with as much activity as for the pump bar preceding it? This is a PVSRA indication of bears. This is the second pump. The first pump the MMs probably devoted to closing longs. This second pump, the higher of the two within days of each other, the MMs probably devoted to opening shorts.

There is a NZD high impact release in two days, so there is time for the MMs to range price - what they do when building, or when undecided and looking to make small change until things change - to build more shorts ahead of it. There could be another whip up to previous highs, maybe back above the upper half number. But the H4 Dragon is turning down. If it is angled down and the MMs whip the price back up, it is going to be very obvious that the Robber Bank MMs are stop hunting shorts, imho.
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As I see it, the conservative way to trade the existing M15 Classic short setup - which is running - is to short the retraces back up to support areas, just so long as the price remains beneath the M15 Dragon (or not much into it).
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A more aggressive way is to do the same, so long as price remains below the H1 Dragon, which gives you more latitude but more risk of adding at a point when price is starting to be manipulated back up by the MMs.
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-tah
  • #73,625
  • Jun 24, 2014 4:00pm Jun 24, 2014 4:00pm
Quoting traderathome
{quote} judgemegod, Your analyses are good and your trades are as well, and you are a blessing to this thread. -tah {image}
Thank you for the kind words!

I just want to shed light for the new comers, I've been reading all the PDF's not once but at-least 3 times and every time read them they contributed, you just cant absorb so much information in one shot.
I've been studying analyses, searching for information, running demo.
After few weeks I could put things together and I'm still learning everyday.
I don't wanna be arrogant but I'm getting better and sharper everyday.

"When confronted with a challenge, the committed heart will search for a solution. The undecided heart searches for an escape."
Andy Andrews
  • #73,626
  • Jun 24, 2014 4:14pm Jun 24, 2014 4:14pm
XAUUSD: This looks like bears wanna make some noise.
We can see the high activity at the highs after that markup and buying vol decreased, we are at weekly resistance.
This looks like something is getting cooked.

What do you think guys?
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  • #73,627
  • Jun 24, 2014 4:21pm Jun 24, 2014 4:21pm
Quoting judgemegod
XAUUSD: This looks like bears wanna make some noise. We can see the high activity at the highs after that markup and buying vol decreased, we are at weekly resistance. This looks like something is getting cooked. What do you think guys? {image}
GOLD & Greedy Manipulators

I think now that price is back to Weekly R, it is a good place and time for the gold price manipulators to do their thing, manipulate! This is a great place to waffle the price up and down, making like things are readying for a breakout upwards. All this being, of course, to suck in longs. They might take days, maybe a week or more doing this, with maybe another whip or two up to the upper half number, or a bit higher, to excite the longs. But, eventually, they will pull the rug and plummet the price.

Just an opinion.
-tah
  • #73,628
  • Jun 24, 2014 4:36pm Jun 24, 2014 4:36pm
Quoting traderathome
AU Short Trade Opened: Scout entry late in the move, when PA looked to be breaking down another support. No TP at this time. {image}
AU Short Trade Closed:

Closed for gain of 24.8 pips, 248 pips total. The retrace up did not come. Maybe now, or a bit later, it will.
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  • #73,629
  • Jun 24, 2014 4:47pm Jun 24, 2014 4:47pm
AUDUSD Long Trade Opened:

Two Scout entrries based on Asian MMs bringing price down to support, where price has stalled and high volume has come in (PVSRA, bulls, probably closing shorts). They might begin a retrace, which is the basis for this non-Classic long trade.
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  • #73,630
  • Jun 24, 2014 4:59pm Jun 24, 2014 4:59pm
UC short scout opened.. MMs might hike this higher.. keep your bullets for your safety
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  • #73,631
  • Jun 24, 2014 5:11pm Jun 24, 2014 5:11pm
Quoting traderathome
GBPUSD Short Trade Opened: Scout entry when PA retraced up to previous whole level support. No TP yet. {image}
GBPUSD Short Trade Closed:

Closed for gain of 19.1 pips average, 191 pips total. Looks like Asian session might be making a low here, possibly to be followed by a retrace upwards.
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  • #73,632
  • Jun 24, 2014 5:21pm Jun 24, 2014 5:21pm
GBPUSD Long Trade Opened:

Scout entry based on Asian MMs ranging price with higher activity at most recent lows. The range is also a support area, so these MMs might be fishing to build long orders ahead of a planned retrace upwards, which is the premise for this non-Classic long trade.
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  • #73,633
  • Jun 24, 2014 5:27pm Jun 24, 2014 5:27pm
Quoting traderathome
GBPUSD Long Trade Opened: Scout entry based on Asian MMs ranging price with higher activity at most recent lows. The range is also a support area, so these MMs might be fishing to build long orders ahead of a planned retrace upwards, which is the premise for this non-Classic long trade. {image}
prof, just becareful on long, i see more downside to go. but maybe Asian Session will whip the price up for Classic short entry.

feinan
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t.me/LWBRfx Discord.io/LWBR
  • #73,634
  • Jun 24, 2014 5:38pm Jun 24, 2014 5:38pm
Quoting traderathome
EURUSD Short Trade Opened: Scout entry based on price being whipped up above whole number followed by increased activity (PVSRA) within an hour before a EUR release. Smells like bears loading up on shorts, but time will tell. At this point, unless analysis changes, if price gets whipped higher today, I will add to this short trade. {image}
EURUSD Short Trade Closed:

Closed for gain of 6 pips average, 120 pips total. While I keep my bearish opinion, this tight ranging is grounds for suspecting a retrace upwards is being planned.
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  • #73,635
  • Edited 6:20pm Jun 24, 2014 6:09pm | Edited 6:20pm
Quoting traderathome
GBPJPY Short Trade Opened: Scout entry when PA retraced up to previous support. You can see that PA then went further up - a hefty push further above the whole number to get higher prices for heavier shorting. No TP yet. {image}
GBPJPY Short Trade Closed:

Closed for gain of 10.5 pips average, 209 pips total. I Closed because price came to support and higher activity came in, possibly indicating the MMs are now bulls for awhile, currently closing shorts. I added to the trade earlier, and now my closing was hasty. I should have given a few minutes more to see if price would test nearer the previous lows. Mistakes made, but profit is profit.
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  • #73,636
  • Jun 24, 2014 6:13pm Jun 24, 2014 6:13pm
GBPJPY Long Trade Opened:

Scout entry based on price being taken to whole level support and then activity increasing, indicating the MMs might be closing shorts and preparing for a retrace move back upwards.
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  • #73,637
  • Jun 24, 2014 6:28pm Jun 24, 2014 6:28pm
Quoting traderathome
GBPJPY Long Trade Opened: Scout entry based on price being taken to whole level support and then activity increasing, indicating the MMs might be closing shorts and preparing for a retrace move back upwards. {image}
See same background too
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Where do the Robber Bank MMs to placing their own bets on
  • #73,638
  • Jun 24, 2014 7:06pm Jun 24, 2014 7:06pm
Quoting traderathome
I Don't Understand! Sonicers, Folks come and go from this thread. Those that start whining early on are typically very poor students. They, like most, come here attracted to the success of this long running thread. Unfortunately, their outlook seems to be that they should not be asked to put everything down and go to class to learn something new. It seems they expect to download a template and go to trading. We make it a point of stating that the Sonic R. System is elegantly simple and effective. It is. What is not so simple and effective...
TAH You are right but it is sad because GUYS didn't understand how we are lucky to have so great teachers and this thread.....
  • #73,639
  • Jun 24, 2014 7:24pm Jun 24, 2014 7:24pm
Quoting Patron
{quote} If you request me to sell in this situation (red circle area), you are right I do not understand anything. For me, it is very clear the trade: BUY. I trade with a system, not assumptions. And you will never convince me that sells in that situation. {image}
Why are you barking so mad? We are here care each other... We are here study together. By the spirit of share, we move forward step by step into better and constructive post. I suggest, post a constructive words. Post your trade as a living prove that you're already mastered this Classic...
Regards,
Gupito Poernawan
It's all started from page one
  • #73,640
  • Edited Jun 25, 2014 2:01am Jun 24, 2014 10:14pm | Edited Jun 25, 2014 2:01am
I'm still new here . If someone else had a different way of reading the chart below like I did ( or think that the way my analysis is not correct ) , please do correct me T___T . If however you have similar/same way of the reading please inform me also to give me some confident on my own analysis , I want to learn the correct way badly T____T .





Entry EURNZD on M15
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