The Market pays you to be disciplined
- #73,701
- Jun 25, 2014 11:15am Jun 25, 2014 11:15am
- | Membership Revoked | Joined May 2008 | 3,395 Posts
- #73,704
- Jun 25, 2014 11:25am Jun 25, 2014 11:25am
- Joined Mar 2008 | Status: PVSRA with Traderathome | 23,553 Posts
{quote} I think we have different volume or something. Also with my volume I will more say that the MM's maker are less willing to buy at the support thus anticipate for a mark down. Also it seem that the previous phase was a mark up, so this might be a distribution phase. I will keep a bearish bias for this pair and also wait for a proper entry around the resistance of the last channel formation. Regards, Mr. Happy {image}
- #73,707
- Jun 25, 2014 11:39am Jun 25, 2014 11:39am
- Joined Mar 2008 | Status: PVSRA with Traderathome | 23,553 Posts
{quote} Well, though it is not too clear on your squished up chart, it does look like the bull green bars are increasing in height. If so, then it is a bullish indication, especially as you marked that the bear red bars are themselves decreasing in height.
- #73,709
- Edited 12:24pm Jun 25, 2014 11:47am | Edited 12:24pm
- Joined Mar 2008 | Status: PVSRA with Traderathome | 23,553 Posts
EURUSD: The "Game" is On!
I posted this chart yesterday. You can see today that while the deceiving and thieving Robber Bank MMs moved the price higher (and will be sure to close the price higher to keep up the deception), the activity is lower. The "Game" is on! The MMs are sucking in longs and using them for liquidity to get their own short orders filled. I can't wait for the part of this game when the Marauding Robber Bank MMs pull the plug! You can see how easy it is for them to whack the price 150+ pips whenever they want to. And they can do better than that whenever they want to, also.
There is another EUR high impact release in about 1.5 days. It might have something to do with the MM's timing for pulling the plug. Maybe yes, maybe no, because they can be deceiving even in that respect. The free-for-all price whacking by the MMs might not happen until afterwards - give the MMs even more time to sucker longs. Or, they might pull a "sneak attack" - pull the plug and flush the price before anyone expects them to. 
BTW, after whipping the price up at the start of the US session, to trigger all those pending long orders so the MMs could add shorts, look what the US MMs are doing in after hours.
Those longs that got their orders executed today will absolutely go into despair when the Deceiving & Thieving Robber Bank MMs pull the plug. And as they all rush to close their losing longs, they will simply add to the downside price momentum that will be making the Marauding Robber Banks profits on their shorts! 
-tah
I posted this chart yesterday. You can see today that while the deceiving and thieving Robber Bank MMs moved the price higher (and will be sure to close the price higher to keep up the deception), the activity is lower. The "Game" is on! The MMs are sucking in longs and using them for liquidity to get their own short orders filled. I can't wait for the part of this game when the Marauding Robber Bank MMs pull the plug! You can see how easy it is for them to whack the price 150+ pips whenever they want to. And they can do better than that whenever they want to, also.
There is another EUR high impact release in about 1.5 days. It might have something to do with the MM's timing for pulling the plug. Maybe yes, maybe no, because they can be deceiving even in that respect. The free-for-all price whacking by the MMs might not happen until afterwards - give the MMs even more time to sucker longs. Or, they might pull a "sneak attack" - pull the plug and flush the price before anyone expects them to.
BTW, after whipping the price up at the start of the US session, to trigger all those pending long orders so the MMs could add shorts, look what the US MMs are doing in after hours.
Those longs that got their orders executed today will absolutely go into despair when the Deceiving & Thieving Robber Bank MMs pull the plug. And as they all rush to close their losing longs, they will simply add to the downside price momentum that will be making the Marauding Robber Banks profits on their shorts! -tah
- #73,710
- Edited 12:49pm Jun 25, 2014 12:15pm | Edited 12:49pm
[quote=Gupito1508;7561302]GBPJPY Long opened Notable activity below whole number, bear loosing enthusiasm on h1. PA already shows double bottom on M15 and H1. By this I throw Long scout... -GP-
Gupito, first thanks for your recent PDFs you have posted on volume/ exhaustion. I have read through twice and maybe need to give it a 3rd try to understand.
I understand each Broker will display different volume levels based on its client pool, and I'm guessing you have removed the Green candles from the chart you posted.
I am coming up with well the opposite conclusion on GJ in regards to Volume exhaustion. Mind you I don't have the guts to open a trade on it, because I doubtfully understand the concept yet. But, I wanted to post my charts to see if you could shed some light on where I am failing to understand.
Or anyone, thank you. 
Gupito, first thanks for your recent PDFs you have posted on volume/ exhaustion. I have read through twice and maybe need to give it a 3rd try to understand.
I understand each Broker will display different volume levels based on its client pool, and I'm guessing you have removed the Green candles from the chart you posted.
I am coming up with well the opposite conclusion on GJ in regards to Volume exhaustion. Mind you I don't have the guts to open a trade on it, because I doubtfully understand the concept yet. But, I wanted to post my charts to see if you could shed some light on where I am failing to understand.
Or anyone, thank you.
- #73,711
- Jun 25, 2014 12:30pm Jun 25, 2014 12:30pm
- Joined Mar 2008 | Status: PVSRA with Traderathome | 23,553 Posts
...GBPJPY Long opened Notable activity below whole number, bear loosing enthusiasm on h1. PA already shows double bottom on M15 and H1. By this I throw Long scout... -GP- Gupito, first thanks for your recent PDFs you have posted on volume/ exhaustion. I have read through twice and maybe need to give it a 3rd try to understand. I understand each Broker will display different volume levels based on its client pool, and I'm guessing you have removed the Green candles from the chart you posted. I am coming up with well the opposite
Your posted charts are in violation of our posting rules! Re-read Post #1 and get acquainted with the posting rules. Please edit your posted charts to remove the Quick Order panel that you show on top of our Access Panel. And in the future, always do the same. Please be considerate of the purpose of this thread and of your fellow Sonicers. FF gives 24 hrs to edit posts, but I suggest you do it right away. The quicker this violation is corrected the safer you are from being expelled. You have been around over a month now, so there is no excuse for you to not have read Post #1 and there is no excuse for you posting charts that violate our posting etiquette for charts.
-tah
- #73,713
- Jun 25, 2014 12:58pm Jun 25, 2014 12:58pm
- Joined Mar 2008 | Status: PVSRA with Traderathome | 23,553 Posts
My apologies, it was a careless oversight.
Thank you for updating your charts.
I know some folks view what goes on here as being nit picking. That is only because they do not understand the gigantic improvement this thread would see if everyone stuck to high quality posting and attention to details. I see this thread as becoming the predominate trading thread in the world. Yes, in the world. But we Sonicers have personal struggles ahead, each of us, to improve the quality of our posts for the benefit of the team, and of our application of the Sonic R. System for the benefit of ourselves. The results on both will make everyone's personal struggle worth the effort.
-tah
- #73,714
- Jun 25, 2014 1:13pm Jun 25, 2014 1:13pm
- Joined Mar 2008 | Status: PVSRA with Traderathome | 23,553 Posts
GBPUSD:
Price Action today involved whacking, whipping and more whacking, and ending about where it started. What was it all about?
The early and late moves down might be to lower price for buying, meaning the MMs are bulls. Or they might be the results of genuine selling, meaning the MMs are bears. I think it is the latter because: (1) overall the chart PA is a picture of lower highs and lower lows, (2) the most pronounced PA since the highs has been bearish, and (3) the US MMs move today was to take price back above a whole number, which is a PVSRA indication the MMs are still bears.
Specifically, I see the early move down as genuine shorting. The moves up were manipulations by the MMs to trigger pending long orders and to suck in live long orders - all for the purpose of using that liquidity to get more of their own short orders filled.
Time will tell,
-tah
Price Action today involved whacking, whipping and more whacking, and ending about where it started. What was it all about?
The early and late moves down might be to lower price for buying, meaning the MMs are bulls. Or they might be the results of genuine selling, meaning the MMs are bears. I think it is the latter because: (1) overall the chart PA is a picture of lower highs and lower lows, (2) the most pronounced PA since the highs has been bearish, and (3) the US MMs move today was to take price back above a whole number, which is a PVSRA indication the MMs are still bears.
Specifically, I see the early move down as genuine shorting. The moves up were manipulations by the MMs to trigger pending long orders and to suck in live long orders - all for the purpose of using that liquidity to get more of their own short orders filled.
Time will tell,
-tah
- #73,715
- Edited 1:40pm Jun 25, 2014 1:27pm | Edited 1:40pm
- Joined Mar 2008 | Status: PVSRA with Traderathome | 23,553 Posts
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.{image} 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).{image} 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. {image}
{quote} NZDUSD and Another Case of the Marauding Robber Bank MMs! Yes, I see the Robber Bank MMs as bears. This is the same situation as with USDCAD. The Robber Bank MMs manipulated the price lower yesterday to suck in shorters. These shorters would become liquidity for the Robber Bank MMs to get more short orders of their own. All that was needed was to manipulate the price right back up to stop those shorts out and use the liquidity to fill their own shorts. And this is exactly what the Marauding Robber Bank MMs did. Our friend, the Dragon, isn't...
Not only does the H1 chart show a triple top, but so does the Day chart. That is three Day chart triple tops, with the last top being a triple top itself! No wonder the Marauding Robber Bank MMs whipped the price up today to stop out shorts and trigger longs! At the time of this posting these Robber Bank MMs still have just over a day to milk the market of every ounce of liquidity to build their own short positions.
Sonicers, I still believe the way to trade this is per the first referenced post. If any of you did trade NU already, hopefully you were wise enough to trade light and allow for the MMs manipulations. Now, it is like starting at the top and repeating the procedure for a second time. For those that did not trade NU yet, it is an opportunity handed out for a second time. Await a proper Classic short setup and add on price pullbacks so long as the price remains below the Dragon, or not too deep into it. Once the Robber Bank MMs initiate their Bear Run for Profits, this should make good profits for all, imho. Make your own decisions and be careful.
-tah
- #73,716
- Jun 25, 2014 1:50pm Jun 25, 2014 1:50pm
- Joined Mar 2008 | Status: PVSRA with Traderathome | 23,553 Posts
Market Re-Cap With Two Remaining Days in the Week
Sonicers,
Here are some unique situations that could present special opportunities. Await proper Classic setups. If these situation play out, the Classic trades should be quite profitable.
-tah
Sonicers,
Here are some unique situations that could present special opportunities. Await proper Classic setups. If these situation play out, the Classic trades should be quite profitable.
-tah
- #73,718
- Jun 25, 2014 3:37pm Jun 25, 2014 3:37pm
Market Re-Cap With Two Remaining Days in the Week Sonicers, Here are some unique situations that could present special opportunities. Await proper Classic setups. If these situation play out, the Classic trades should be quite profitable.
NU will be interesting tomorrow night...
I recently traded too large and got cold feet...killing off large amount of profits from 2014...
sometime it isn't as important about being right than being profitable....
Trade smart...trade small ... timing can be everything...
chart below show unusually bearish activity over the whole number
Entries in the wicks over and over **PVSRA rules!
- #73,720
- Jun 25, 2014 8:53pm Jun 25, 2014 8:53pm
- Joined Jul 2011 | Status: Trader | 1,521 Posts
{quote} Reclaim Stolen Wealth! The Robber Bank MMs are wealthy. They scheme to screw other wealthy market participants: super-rich corporations and hedge funds. When the Robber Banks manipulate prices to screw these participants, they are also screwing us, the retail traders. So, if we insert Scouts to take advantage of prices when the Robber Banks are manipulating prices to take advantage of everyone else, who are we stealing from? The super-rich, folks that got that way by "stealing" from others is who we are "stealing back from". Personally,...
