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Sonic R. System

  • #75,361
  • Aug 24, 2014 6:48am Aug 24, 2014 6:48am
Quoting traderathome
{quote} {quote} {quote} Comment EURUSD: As loeil and I have pointed out, here is solid reason to suspect the Robber Bank MMs have been swinging price - whipping and whacking it - in order to build their long positions by getting other traders on the wrong side, and traders on the right side and then stopping them out. But, as Gupito said, the current strong bear action these MMs are engaged in is unpredictable as to when and how it ends.{image}{image} As has been said over and over, we cannot know how the MMs will move the price next. What we can...

One of the better posts I've seen.
  • #75,362
  • Aug 24, 2014 6:49am Aug 24, 2014 6:49am
Quoting traderathome
{quote} {quote} {quote} Only the very best of setups with the very best of higher supporting TF charts and PVSRA should be "larger single entry" trades. And even then things can sour very quickly. Smaller size entries give the trader more flexibility, more time and places to re-assess and decide if to fold, hold or add. I do not have any statistics to prove what I am about to say, but I believe the best way for most traders to assure a growing account is to not focus on big profits from trades, but to focus on stemming the tide of big losses...

One of the better posts I've seen.
  • #75,363
  • Edited 1:43pm Aug 24, 2014 1:22pm | Edited 1:43pm
EURUSD: Weekend Review

Looking at the Week chart over this weekend it seems to me there is, even on this very large TF chart, another clue that the MMs are bulls that are continuing to suck in shorters, thereby getting more and more liquidity to go long at lower and lower prices. What a deal! And only possible in a highly manipulated market such as all equity markets are, and of which the forex market is no exception.

Applying the straightforward FR tool - nothing fancy here - we see the price has retraced 62% of the last bull swing up. This is a high probability level for reversal. What makes this even more interesting is last weeks bar, which shows the Robber Bank MMs whacked the price from the 1.3400 level down thru the 1.3300 level, to almost the 1.3200 level. This is interesting because both the 1.3400 and 1.3300 levels are very significant ones, as you can see when examining the Week chart. This whacking of the price is all the more notable because it shows that the MMs gave no respite to longs at the 1.3400. They simply continued the whacking down thru the entire 100 pips to below the 1.3300 level. This had to stop out a lot of longs that gambled with their SLs on 1.3400 being solid support and therefore placed the SLs for their long positions at various levels below 1.3400, or even below the 1.3300 level! This is a presumption of course, but the strategy is typical of the Robber Bank MMs looking for the opportunity for the climatic robbery of the long positions of others, and at the same time coaxing in more shorters. Last week just had to be a week when the Robber Banks achieved massive liquidity for building long positions.

Will the price continue lower? We cannot know how the Robber Banks will move price next. We can never know how the Robber Banks will move price next. What we can do is PVSRA to determine if the MMs are bulls or bears, and then we can do one of several things:

1. We can wait for the price to be moving in that direction appropriate to the PVSRA Bull/Bear determination and also wait for a Classic setup in that direction with confirming PA on larger TF charts. In other words, we can wait for the MMs to be in their Run for Profits phase, not their building phase.

2. Or, we can presume the MMs are in their Building phase, ahead of their Run for Profits phase, and we can simply trade the current trend with the knowledge that at any time the current move could be the last one culminating with strong reversal activity.

3. We can start building our own positions in the direction according to the PVSRA indications that the MMs are Bulls or Bears. This is the least favorable thing to do because we cannot know how the price will move next and the Robber Banks might continue the current trend direction as they continue to build their own positions. They might continue in this manner far longer than we can continue to build with them. Remember, we would be building by entering against the current trend - the "wrong" way - and remember the saying, "Big money can be 'wrong' longer than anyone else!" This results in huge draw downs which can finally end up in liquidation of your account before the MMs are done "eradicating weak hands" and reverse the price and start their Run for Profits.
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Friday also shows clues the MMs are bulls. For one thing, there is climatic volume at the lows that the US session achieved. For another thing - and this is extremely rare to see - there was more activity Friday, at a point in after hours, than during the first part of the London session (see attached M30 chart). This is an indication the Robber Banks suddenly soaked up all liquidity for trading by running the price both up and down the queue triggering pending orders and using the available liquidity that produced to do more trading themselves. Note that this is mostly activity below the half number, where MMs prefer to build long, and where there was likely an excess of pending short orders - over pending long orders - in anticipation by other traders of more downside to come.
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  • #75,364
  • Aug 24, 2014 1:47pm Aug 24, 2014 1:47pm
Quoting traderathome
3. We can start building our own positions in the direction according to the PVSRA indications that the MMs are Bulls or Bears. This is the least favorable thing to do because we cannot know how the price will move next and the Robber Banks might continue the current trend direction as they continue to build their own positions. They might continue in this manner far longer than we can continue to build with them. Remember, we would be building by entering against the current trend - the "wrong" way - and remember the saying, "Big money can be...
This is what I did recently, do not do it!!
YOUR MOTHERS ASS
  • #75,365
  • Aug 24, 2014 4:16pm Aug 24, 2014 4:16pm
U get raped LOL I posted my view 1,300 the target for this year
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Build your own dreams, or someone else will hire you to build theirs.
  • #75,366
  • Aug 24, 2014 4:19pm Aug 24, 2014 4:19pm
What a SL hunt for longs on EURUSD during the weekend

guess everyone who thought because of the price going up and went long is going to close real soon

and for I medium time prediction I have no idea how much lower the price will be dropped before going up maybe it was better to follow the dragon with TPs

(on M1 the price seems to be dropping now so they may not have opened longs at all ? )
Everything happens for a reason...
  • #75,367
  • Aug 24, 2014 4:53pm Aug 24, 2014 4:53pm
Quoting traderathome
EURUSD: Weekend Review Looking at the Week chart over this weekend it seems to me there is, even on this very large TF chart, another clue that the MMs are bulls that are continuing to suck in shorters, thereby getting more and more liquidity to go long at lower and lower prices. What a deal! And only possible in a highly manipulated market such as all equity markets are, and of which the forex market is no exception. Applying the straightforward FR tool - nothing fancy here - we see the price has retraced 62% of the last bull swing up. This is...
Tah, please check PM.
  • #75,368
  • Aug 24, 2014 5:41pm Aug 24, 2014 5:41pm
Robber bank !! Robber Bank !! Robber Bank !!

I am the #1 Robber Bank with the unlimited money Fanboy..
Born to fuck
  • #75,369
  • Aug 24, 2014 5:58pm Aug 24, 2014 5:58pm
Quoting traderathome
EURUSD: Weekend Review Looking at the Week chart over this weekend it seems to me there is, even on this very large TF chart, another clue that the MMs are bulls that are continuing to suck in shorters, thereby getting more and more liquidity to go long at lower and lower prices. What a deal! And only possible in a highly manipulated market such as all equity markets are, and of which the forex market is no exception. Applying the straightforward FR tool - nothing fancy here - we see the price has retraced 62% of the last bull swing up. Thi

TAH, I hope you don't take my post the wrong way because I have much respect and appreciation for all the work you put in this thread.

What I want to say is this: At least for me I wholly believe the basic rules of this concept work when applied correctly, with an open mind, and discipline. I posted Friday morning during London session how MM presented a nice looking classic short scenario, and then again after the 1st speech.

Now I realize we can not know how MM will move next, and its possible Experienced Long time traders are looking/ planning months in advance. For me I prefer to keep it simple because even in my short time here I have discovered I can over analyze a chart until I see what I want to see.

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  • #75,370
  • Aug 24, 2014 6:12pm Aug 24, 2014 6:12pm
Quoting slimypips
{quote} TAH, I hope you don't take my post the wrong way because I have much respect and appreciation for all the work you put in this thread. What I want to say is this: At least for me I wholly believe the basic rules of this concept work when applied correctly, with an open mind, and discipline. I posted Friday morning during London session how MM presented a nice looking classic short scenario, and then again after the 1st speech. Now I realize we can not know how MM will move next, and its possible Experienced Long time traders are looking/...
No problem. Follow the trend was one of the two selections that I posted that were more recommended, and the only one of the two that can be implemented immediately.
  • #75,371
  • Aug 24, 2014 9:26pm Aug 24, 2014 9:26pm
Quoting leentjai
Opened scout long GBP/USD {image} {image}
Closed couple longs and keep some longs GBP/USD
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  • #75,372
  • Aug 24, 2014 11:13pm Aug 24, 2014 11:13pm
This trade worked out well, however I have some positions still open with multiple EP's that are getting hammered right now. I'm definitely learning the lesson about not adding to a losing trade, lol.
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  • #75,373
  • Aug 25, 2014 12:56am Aug 25, 2014 12:56am
Quoting DmitryFX
{quote} Different eyes - different views. I can see here "Raising wedge": {image}
So, while the HTF trend is still definitely BEARish it's looks like the price is going to test the area of 1.30-1.31.
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Everything is possible!!! Step by Step...
  • #75,374
  • Aug 25, 2014 1:19am Aug 25, 2014 1:19am
Quoting loeil
GJ - long. {image}
GJ - closed for 1516 pips gain
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Whatever is obvious is obviously wrong!"
  • #75,375
  • Aug 25, 2014 2:04am Aug 25, 2014 2:04am
Quoting loeil
{quote} GJ - closed for 1516 pips gain {image}
awesome trade loiel.


is there a skype group to discuss possible sonic R trades in real time? if not is someone interested in opening such a group to learn and practice more efficient?
  • #75,376
  • Aug 25, 2014 2:32am Aug 25, 2014 2:32am
Quoting DmitryFX
{quote} So, while the HTF trend is still definitely BEARish it's looks like the price is going to test the area of 1.30-1.31. {image}
You mean this raising wedge :
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Born to fuck
  • #75,377
  • Aug 25, 2014 2:42am Aug 25, 2014 2:42am
UJ - short.
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Whatever is obvious is obviously wrong!"
  • #75,378
  • Edited 3:06am Aug 25, 2014 2:52am | Edited 3:06am
AUDNZD m5

Waiting and looking for short, if break support
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Donde hay Patron no manda Marinero
  • #75,379
  • Aug 25, 2014 2:53am Aug 25, 2014 2:53am
Quoting medalist
{quote} You mean this raising wedge : {image}
nope, this one:
http://www.forexfactory.com/showthre...=7689157#reply
Attached Image
Everything is possible!!! Step by Step...
  • #75,380
  • Aug 25, 2014 2:55am Aug 25, 2014 2:55am
Quoting loeil
{quote} GJ - closed for 1516 pips gain {image}
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