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Sonic R. System

  • #74,621
  • Jul 28, 2014 8:37am Jul 28, 2014 8:37am
Quoting traderathome
{quote} EURUSD: Put the range marks on your Day chart and you can see how likely that actually is. There is a bullish wedge formed and with almost two days before the next EUR high impact release, that gives the Robber Bank MMs time to suck in more longs and then mount a whopping Whack to stop them out. Tomorrow's RDH mark will be higher if they keep upwards pressure on the price until then, and that makes it even more compatible with the lower wedge line for tomorrow...... This sort of analysis can be futile, however, because we cannot know how...
I still hold my long trades, will observe the PA all the time.
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Trading is not easy
  • #74,622
  • Jul 28, 2014 8:42am Jul 28, 2014 8:42am
20 more min for US News..

DJ still in bear grip..need to break the box if wanna bull

Inserted Video


Sonic
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  • #74,623
  • Jul 28, 2014 9:22am Jul 28, 2014 9:22am
39 mins later..


Told Cha...


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Sonic
  • #74,624
  • Jul 28, 2014 9:38am Jul 28, 2014 9:38am
Quoting traderathome
{quote} Follow-up Comment EURUSD: Continues to look bullish, but will the US Robber Bank MMs (sometimes the most dastardly of all MMs) execute another Stop Hunt on longs......? {image}
Follow-up Comment EURUSD:

This very tight ranging has all the looks of the MMs keeping the price looking "neutral", or appealing to both longs and shorts. That way, the Robber Bank MMs have a better chance of coaxing more shorts in to provide liquidity for the MMs to add longs. Later, the Robber Bank MMs can remove their control of upper price and start the price upwards. This could coax more shorts in. It could also coax longs in, to give the MMs longs to Stop Hunt later to provide even more liquidity for the MMs to add longs......

WARNING: Speculative.
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  • #74,625
  • Jul 28, 2014 10:13am Jul 28, 2014 10:13am
Hello everyone! Long time since I've last posted, but I aced all my final exams and now I have the whole summer to relax and read for my other passion - the market Here is something I spotted. Decreasing bull volume on an uptrend, increasing bearish volume. GBP NZD, Oh, and don't mind my little addition on the chart - those arrows are iFractals, if someone wants them I can upload them.
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  • #74,626
  • Jul 28, 2014 11:13am Jul 28, 2014 11:13am
Quoting DDaniel
Hello everyone! Long time since I've last posted, but I aced all my final exams and now I have the whole summer to relax and read for my other passion - the market Here is something I spotted. Decreasing bull volume on an uptrend, increasing bearish volume. GBP NZD, Oh, and don't mind my little addition on the chart - those arrows are iFractals, if someone wants them I can upload them. {image} {image}
Kindly post iFractals please - thanks
  • #74,627
  • Jul 28, 2014 11:18am Jul 28, 2014 11:18am
Here you go. You should know that, as all indicators, this one lags too. Sometimes it repaints itself also. But if you watch it for some time I find it helpful for spotting highs and lows for a classic entry, though not as the one I posted on GBP NZD
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  • #74,628
  • Jul 28, 2014 11:23am Jul 28, 2014 11:23am
Quoting DDaniel
Hello everyone! Long time since I've last posted, but I aced all my final exams and now I have the whole summer to relax and read for my other passion - the market Here is something I spotted. Decreasing bull volume on an uptrend, increasing bearish volume. GBP NZD, Oh, and don't mind my little addition on the chart - those arrows are iFractals, if someone wants them I can upload them. {image} {image}

Here agree with You - bearish wedge on 1H timeframe as it seems...
  • #74,629
  • Jul 28, 2014 11:44am Jul 28, 2014 11:44am
GBPCAD: close all long hedges when classic short figure appeared. Now it's time to build shorts.

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  • #74,630
  • Edited 6:16pm Jul 28, 2014 5:58pm | Edited 6:16pm
Quoting altamar
GBPCAD: close all long hedges when classic short figure appeared. Now it's time to build shorts. {image}
GBPCAD:

Whoa! Really?

It might not be time to dump your longs and start building short! You can see on your own H1 chart that the Dragon has crossed up thru the trend. Frequently this event is followed by a whack job put on by the Robber Bank MMs. After achieving highs with their first run up, they range the price to close their initial longs. They follow that with a drive back down to open new longs. It is about constantly taking profits and rebuilding - as opposed to just holding - because this constant churning of positions keeps the market "pliable" for the MMs purpose of robbing some traders of their right side positions, "talking" others out of theirs, and deceiving still more into wrong side positions. Simply put, if the MMs churn instead of hold, it becomes more difficult for others to trade profitably because it becomes more difficult for them to read PA correctly.

If you still do not view this as bullish, take a look at H4, where the Dragon is also above Trend, and PA is above both. While this is the case, going short could be a mistake.

In conclusion, while M15 Classic setups is our primary trading method, we should all be grown up enough to recognize that a setup might be consistent with the higher TF charts, or it might not be. PVSRA takes all of this into consideration. To simply view an M15 Classic setup in isolation from the bigger picture is not recommended.

Yes, you might get a short move to trade. Or you might not. And then, there is the cost of rebuilding your longs again. The MMs do not have any cost to close and rebuild, so they can churn at will. We do have costs, so we have to be more thoughtful.

-tah
  • #74,631
  • Edited 10:04pm Jul 28, 2014 7:19pm | Edited 10:04pm
GBPAUD Long Trade Opened:

Two Scout entries long. No TP is set at this time.

This is a trade based on pure analysis of PA, volume and S&R. The Dragon is not used, nor the Trend. What matters here is how PA behaves in and around key S&R, which is the half number in this case, although the core SR area is a bit below that. I have annotated the chart to explain that I see this as simple as price moving up to R, finally breaking up thru R, coming back to R, and again ranging (more position building by MMs) ahead of an anticipated PA bounce.

I used HA candles to show the PA waves more clearly. The entries are obviously ahead of any bullish PA 1-2-3 waveform and ahead of the Dragon angling upwards at a sufficient angle. How the PA behaves at SR and what the volume looks like at spikes to lows is important. And the picture is that PA has come down to the half number area "to test SR as support" and as time goes on and the Robber Bank MMs whack the price repeatedly, the volume shows less significant, meaning there are fewer bears around to provide the MMs with the liquidity they seek and need to continue to accumulate longs at low prices.

On the basis of this PVSRA, any entry in the area of the half number should be a decent entry for the anticipated run upwards, but it is wise to always be prepared in the event the Robber Bank MMs also run an unexpectedly deeper Stop Hunt on longs, an opportunity to decide if to "Hold, Fold, or Add". This is also an important consideration for any trade because the better the trade setup the more traders are going to go for it. And the more traders that go for it, the bigger is the incentive for the Robber Bank MMs to try one more time to whip or whack the price to stop them out - to rob them of their right side positions. Such an event can be an opportunity to take advantage of the price manipulation by the Robber Bank MMs as they try to take advantage of us.

Time will tell.....
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  • #74,632
  • Edited 8:10pm Jul 28, 2014 8:00pm | Edited 8:10pm
EURUSD:

This is very speculative. It is based on little more than a healthy suspicion of the Robber Bank MMs, especially the US MMs.

Bullish PA waves now exist. This represents an ideal opportunity for the MMs to push this higher to suck in longs. These longs will be robbed of their positions later when the Robber Bank MMs whack the price, maybe in conjunction with the USD releases today or the EUR and USD releases tomorrow. We cannot know how price will move next, but the opportunity exists for the Robber Bank MMs to suck in longs and later Stop Hunt longs - rob them of their right side positions - before they initiate a bull run for profits.

Therefore, we might be prepared in case the opportunity presents itself again to take advantage of low prices, compliments of the price manipulating Robber Bank MMs.
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  • #74,633
  • Jul 28, 2014 10:10pm Jul 28, 2014 10:10pm
Quoting traderathome
GBPAUD Long Trade Opened: Two Scout entries long. No TP is set at this time. This is a trade based on pure analysis of PA, volume and S&R. The Dragon is not used, nor the Trend. What matters here is how PA behaves in and around key S&R, which is the half number in this case, although the core SR area is a bit below that. I have annotated the chart to explain that I see this as simple as price moving up to R, finally breaking up thru R, coming back to R, and again ranging (more position building by MMs) ahead of an anticipated PA bounce. I used HA...
GBPAUD Long Trade Update:

Moving up. Have set TP in nearest area of extended consolidation (not surprisingly a whole number area), but will reappraise as time goes on.
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  • #74,634
  • Jul 28, 2014 11:33pm Jul 28, 2014 11:33pm
Whoever prepared the book "Exploit the Market Price" Thank u so much... U cleared my long standing doubts..

From the chart... Plz correct me if am wrong.. PA down looking for longs but only after the exhaustion of bears.. I see exhaustion of Bears in this pair..

@Prof TAH..

1. I trade by P&F charts too, I believe the scout entries can be made more precise with the P&F Charting.. The Combination of Sonic & Point & Figure can be really good IMO.. Will u allow me to post P&F charts..

2. jus my opinion if u can code the MA of vol like for some 20 bars or so.. Wont tht help us to see clearly of the exhaustion of bulls or bears...
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  • #74,635
  • Jul 28, 2014 11:47pm Jul 28, 2014 11:47pm
hi tah.....i am planning to get an ipad for mobile trading. as the ipad don't allow me to import yr indicators into mt4, can i ask what is the new emas this current sonic version is using now? if i am not wrong the old version was 50emas.

TIA.
  • #74,636
  • Jul 29, 2014 12:25am Jul 29, 2014 12:25am
Quoting Guowen
hi tah.....i am planning to get an ipad for mobile trading. as the ipad don't allow me to import yr indicators into mt4, can i ask what is the new emas this current sonic version is using now? if i am not wrong the old version was 50emas. TIA.
Why don't you simply read about the indicators, per Post #1 instructions.
  • #74,637
  • Jul 29, 2014 12:37am Jul 29, 2014 12:37am
Quoting Dindulkar
Whoever prepared the book "Exploit the Market Price" Thank u so much... U cleared my long standing doubts.. From the chart... Plz correct me if am wrong.. PA down looking for longs but only after the exhaustion of bears.. I see exhaustion of Bears in this pair.. @Prof TAH.. 1. I trade by P&F charts too, I believe the scout entries can be made more precise with the P&F Charting.. The Combination of Sonic & Point & Figure can be really good IMO.. Will u allow me to post P&F charts.. 2. jus my opinion if u can code the MA of vol...
Everyone comes here with their own baggage - bag of indys and methods - which they immediately add to the Sonic R. System believing such will improve their trading.

The most successful students of the Sonic R. System are those that - sooner or later - got rid of all that baggage and became proficient with the Sonic R. System.

-tah
  • #74,638
  • Jul 29, 2014 12:57am Jul 29, 2014 12:57am
I do totally accept ur views but it is not my method... Actually these Sonic VSA method n P&F is used by grt traders of Past.. Wyckoff used the combination of Vol analysis & PnF.. i don wanna post anythin unnecessary & don wanna spam the thread.. I mentioned tht scout entries can be had very precisely with P&F.. I have been followin, learnin & relearnin again..Its jus tht i wanted to share to all & learn along the way.. Thnks for ur reply..
  • #74,639
  • Jul 29, 2014 12:59am Jul 29, 2014 12:59am
Quoting traderathome
GJ Long Trade Opened: Classic entry. As with GU (above) PA looks like MMs are holding price below whole number and accumulating longs. No TP yet. The MMs might whack this a bit, later. If they do so sufficiently, I plan to add to this long trade. {image}
GJ Long Trade Closed:

Closed for gain of 10.3 pips average, 10.3 pips total. Other irons in the fire. This one might retrace. Will look again if it does.
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  • #74,640
  • Jul 29, 2014 3:23am Jul 29, 2014 3:23am
Quoting traderathome
{quote} GBPCAD: Whoa! Really? It might not be time to dump your longs and start building short! You can see on your own H1 chart that the Dragon has crossed up thru the trend. Frequently this event is followed by a whack job put on by the Robber Bank MMs. After achieving highs with their first run up, they range the price to close their initial longs. They follow that with a drive back down to open new longs. It is about constantly taking profits and rebuilding - as opposed to just holding - because this constant churning of positions keeps the...
Thanks TAH! I very appreciate it! It's important to "read" the higher TF's, but for now I don't optimize the conditions of the higher TF's. I will take in consideration the dragon on H1 and H4 and will see how it works.
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