不要卖EURUSD，买家安静等待时机进场。
Master Sonic means MMs hunting those early long's SL, and pull in sellers.
Don't Short EURUSD, long be patience looking for entry follow the sonic rules.
-AdrianC.
Nobody say can't use mandarin here.
- #74,505
- Jul 22, 2014 10:47am Jul 22, 2014 10:47am
- Joined Mar 2008 | Status: PVSRA with Traderathome | 23,552 Posts
EURUSD: Quick LO one, I did think about that most of the retail traders are long, what MM likes the most? (suck in and stop out). I notice the buying vol before LO on M5. Reached my TP and grabbed a buy limit order to start accumulate long. {image} {image}
Nice trading, judgemegod. That is the way we all need to be doing this. Yes, we can start loading before, on the way, and near the end, but trading each direction is obviously best. You are a champ!
-tah
- #74,506
- Jul 22, 2014 10:51am Jul 22, 2014 10:51am
- Joined Mar 2008 | Status: PVSRA with Traderathome | 23,552 Posts
- #74,507
- Jul 22, 2014 11:02am Jul 22, 2014 11:02am
- Joined Mar 2008 | Status: PVSRA with Traderathome | 23,552 Posts
- #74,508
- Jul 22, 2014 11:23am Jul 22, 2014 11:23am
- Joined Mar 2008 | Status: PVSRA with Traderathome | 23,552 Posts
- #74,509
- Edited 12:50pm Jul 22, 2014 11:33am | Edited 12:50pm
- Joined Mar 2008 | Status: PVSRA with Traderathome | 23,552 Posts
USDCAD:
I still get the feeling the Robber Bank MMs are short term bears, taking their sweet time loading shorts for a journey down to a Double Bottom, where they will have already become bulls. The possibilities for a Double Bottom are not nearly exhausted yet! There is a CAD release tomorrow. The range today of 28 pips is only about half of the sickening, lousy Day range of 48 pips. To me, this shows the MMs are supporting the price, trying to suck in longs. Maybe tomorrow there will be another Stop Hunt on shorts and then the journey to the Double Bottom - the Stop Hunt on longs as the MMs transition to bulls - will begin. Yes, speculative, very speculative, but the Day chart is still very bearish and a Double Bottom seems too good an opportunity for the MMs to further their robbing to pass up. And with such a lousy range, what self-respecting "long" could ever imagine the MMs would manipulate the price that far, and in the opposite direction!
I still get the feeling the Robber Bank MMs are short term bears, taking their sweet time loading shorts for a journey down to a Double Bottom, where they will have already become bulls. The possibilities for a Double Bottom are not nearly exhausted yet! There is a CAD release tomorrow. The range today of 28 pips is only about half of the sickening, lousy Day range of 48 pips. To me, this shows the MMs are supporting the price, trying to suck in longs. Maybe tomorrow there will be another Stop Hunt on shorts and then the journey to the Double Bottom - the Stop Hunt on longs as the MMs transition to bulls - will begin. Yes, speculative, very speculative, but the Day chart is still very bearish and a Double Bottom seems too good an opportunity for the MMs to further their robbing to pass up. And with such a lousy range, what self-respecting "long" could ever imagine the MMs would manipulate the price that far, and in the opposite direction!
- #74,510
- Edited 1:15pm Jul 22, 2014 1:04pm | Edited 1:15pm
- Joined Mar 2008 | Status: PVSRA with Traderathome | 23,552 Posts
Dear, prof TAH and Sonicers! Could You share Your thoughts behind the situation on EUR/CAD pair. {image}
MetroTrader,
Yes, you have the right idea going here. There was a Double Bottom followed by a strong move upwards. This would be enough for any trader to gamble on building short come any retrace, which you did. No trader could have known the Robber Bank MMs would again Stop Hunt longs by manipulating the price back to a Triple Bottom. We cannot know how the price will move next. We never will be able to. So, how do we trade?
We start by building our trade with light entries. We can always add as the trade moves in our direction, but we can also take advantage of the Robber Bank MM price manipulations when they manipulate price to take advantage of us!
You are doing well on this. You did your homework well. You are an example for others to follow.
BTW, try this: Tools-Options-Charts,.....uncheck "Show trade levels". Our Trade Levels indicator provides the trade level lines without disclosing the actual unit type of entries (micro, mini, full lot, read the User Notes of the indicator), for your privacy.
-tah
{image}
- #74,513
- Jul 22, 2014 7:03pm Jul 22, 2014 7:03pm
- Joined Mar 2008 | Status: PVSRA with Traderathome | 23,552 Posts
- #74,515
- Jul 22, 2014 7:53pm Jul 22, 2014 7:53pm
- Joined Jan 2007 | Status: Senior Member | 6,517 Posts
UJ, quick scalp, 5 lots +14, prior to news!
Cigarguy
Cigarguy
Keep It Simple
- #74,516
- Jul 22, 2014 8:09pm Jul 22, 2014 8:09pm
- Joined Mar 2008 | Status: PVSRA with Traderathome | 23,552 Posts
- #74,518
- Jul 22, 2014 8:38pm Jul 22, 2014 8:38pm
- Joined Jan 2007 | Status: Senior Member | 6,517 Posts
cigarguy: well done! usdjpy falling down now!
Thanks, yes just grabbed a quick scalp before the news! Knew the MM's would do their thingy.......
Cigarguy
Keep It Simple
- #74,520
- Jul 22, 2014 8:45pm Jul 22, 2014 8:45pm
- Joined Mar 2008 | Status: PVSRA with Traderathome | 23,552 Posts
