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Sonic R. System

  • #76,081
  • Edited 7:41pm Sep 16, 2014 7:11pm | Edited 7:41pm
Quoting KecoaKecil
{quote} Q:decrease/increase price just before closing of H4/H1 candle? A:i didn't notice it, since you ask, i am looking into it (using an excel file, and M5 tf data, spot delta during 5minutes before/after candle close), will took a few days. Q:volume diverge from broker to broker? A: yes. I have several brokers (not ethical if i mention them here), and they diverge from one another. But not in such a degree making sonic system PVSRA useless. Thanks god. About, GBPJPY trade. Last night, hit my trailing stop. I did try a re-entry of short, but bailed...
About Bias, and Also GBPJPY

KecoaKecil,

"Holding bias, can prevent us from spotting good trade opportunity, and sometime can make you being in red / lost. Not having bias at all, will keep you in the sideline. " - KecoaKecil

IMHO (that is all it is) is that a trader does not need a bias to get off the sideline. A good way to get off the sideline is to put on a trade when the requirements for a trade are met. It is as simple as that. No bias is needed. If there is any bias involved at this time, it should be to believe that most likely the trade is wrong, and unless the trade proves worthy within reasonable time, it should be closed. Before a proper trade situation arrives, being "bias free" enables us to accept that an arriving proper setup is a proper setup. Being "bias free" might also help with that fun and totally useless pastime we commonly refer to as "chart analysis".

As for GBPJPY, it could actually go down while other GBPxxx pairs go up. Stranger things have happened. All that would be required would be for the MMs to decide it is time to trap traders that are long the YEN pairs; not a nice thing to do, but for that reason it is an even more likely thing for the Robber Banks to do.
  • #76,082
  • Sep 16, 2014 8:13pm Sep 16, 2014 8:13pm
Quoting gerardeur
{quote} I hope you are right because I am also short now... I prefer to short GBPJPY which infers a NO (because GBPJPY is high) than GBPUSD which infers a YES (because it is low). You understood I also bet YES to scottish independence based on UK bookmakers odds, google trends, latest polls..., etc, and also high volume when the GBP drops (relative to when it raises). By the way, someone knows why (often) some market participants try to decrease or increase the price just before the closing of a H4 candle? It happens also hourly sometimes. Are...
gerardeur.

"By the way, someone knows why (often) some market participants try to decrease or increase the price just before the closing of a H4 candle? It happens also hourly sometimes. Are those FX bots becoming crazy at those particular time? What do you think?" - gerardeur

If this question is open to all Sonicers, I have an opinion (which is all it is, and probably meaningless ), which is that it means nothing and so why should anyone care to know the reason, if in fact is does happen. You see, the H4 candle terminates at different prices on the charts of traders that are with brokers with servers running on different time zones. So, if there was any TF bar that was to become the object of price manipulation near the end of it's TF, the H4 bar is positively the worst one to choose to manipulate because it is the least "universal" bar of any TF where such ending price manipulation would even be a significant part of the total candle spread; certainly not on the Day, Week and Month charts.
  • #76,083
  • Sep 16, 2014 8:34pm Sep 16, 2014 8:34pm
opened classic Sonic short AUD/USD
Attached Image (click to enlarge)
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  • #76,084
  • Sep 16, 2014 9:17pm Sep 16, 2014 9:17pm
Quoting leentjai
opened classic Sonic short AUD/USD {image}
....
we opened the opposite trade...
great loser,but not great dick~
  • #76,085
  • Sep 16, 2014 10:22pm Sep 16, 2014 10:22pm
Quoting jaychou
{quote} .... we opened the opposite trade...
it just musical chairs... just dont be last one caught holding bag of doo doo when the MMs start making
their run for profits...
  • #76,086
  • Sep 16, 2014 10:27pm Sep 16, 2014 10:27pm
Quoting jaychou
{quote} .... we opened the opposite trade...
?????Only MMs knows !!!!
  • #76,087
  • Sep 16, 2014 10:41pm Sep 16, 2014 10:41pm
Quoting leentjai
opened classic Sonic short AUD/USD {image}
I lost confidence ....and closed shorts , profit +583 total
and I build longs...
  • #76,088
  • Sep 17, 2014 12:02am Sep 17, 2014 12:02am
Quoting leentjai
{quote} I lost confidence ....and closed shorts , profit +583 total and I build longs...
AUDUSD:

I am looking to long this also, but I am waiting to see if the FO or early LS MMs whack the price to the lower half number, which would be a FR 50% retrace of the yesterday bull swing up. And if they don't, the US MMs might Stop Hunt longs in conjunction with the coming USD releases, which could easily take price down there.
  • #76,089
  • Edited 4:04am Sep 17, 2014 3:52am | Edited 4:04am
opened and closed quick pips GBP/AUD +1299 pips total
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  • #76,090
  • Edited 4:20am Sep 17, 2014 4:02am | Edited 4:20am
USDCAD

2.5 Day SWING SHORT. 1259 pipettes or 125.9 pips.

Entry - Because PA hit top of channel, and started to show volume moving down.
Tried to enter only on move down instead of bounce off top trendline to avoid scary drawdowns while waiting for move down.

Exit - Because PA covered slightly more then half of the uptrend channel.

attached H1 to show entry on volume and H4 chart trend lines. (the way i see it)
reason for double trend lines at top and bottom because that's where fakes can occur and price
can push into these zones before turning around.
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  • #76,091
  • Sep 17, 2014 7:30am Sep 17, 2014 7:30am
Look like SLV looking for a take off...

Inserted Video


Sonic
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  • #76,092
  • Sep 17, 2014 7:56am Sep 17, 2014 7:56am
GBPUSD:

M30 current candle is taking on the appearance of a sell-off; MMs pushing price up and closing their long positions into the buying momentum they create as they draw others into the market on the long side,.....and very notable volume is involved on this one. We cannot know how the price will move next. If the MMs are becoming bearish, they can still move the price higher as they continue to deceive longs into the market, but this might be a valid early warning.
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  • #76,093
  • Edited 10:02am Sep 17, 2014 9:50am | Edited 10:02am
GBPUSD Short Trade Open & Closed:

Closed for gain of 19.5 pips average, 78.1 pips total. A scalp trade with Scout entries based on PVSRA.
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  • #76,094
  • Edited 12:17pm Sep 17, 2014 11:50am | Edited 12:17pm
Market Comment: GBPxxx Pairs

Sonicers,

Here is a speculative reason for the pump in GBPxxx pairs. The Scottish vote tomorrow. Yes, you have heard this already, but think this thru a bit more.....

You see, it has already been speculated in the "news" that if the vote is "Yes" for separation from the UK, then the GBP could drop as much as 10% of it's value. If you examine the achieved pumps on the GBP pairs, and do the math, you will discover that the pumps have achieved about a 60% "pre-vote" cushion. This is to say that the MMs have already blown up the prices such that if the "Yes" vote wins and the GBP starts to drop, the MMs have already pumped it enough such that a 10% drop would leave prices not nearly so drastically lower than they were before the MMs began pumping up the prices. And the "10%" figure was the exaggerated number. What drop is more reasonably expected might now already be fully cushioned.

The significance is this. Whether or not the "Yes" vote wins, the prices will most likely plummet. The prices are totally "bogus" at this point, nothing but fabrications by the Robber Banks looking to protect their asses if the "Yes" vote wins. But by doing this, they have also built in a bonanza future profit when they slam prices down even if the "Yes" vote loses!

"It's a bird! It's a plane! It's Superman!" Nope. These increasing prices - able to leap small buildings in a single bound - are nothing more than super manipulation by the market corrupting Robber Banks!
  • #76,095
  • Edited 3:54pm Sep 17, 2014 1:15pm | Edited 3:54pm
USDCAD short scalp +255p win
MMs showed signs of being bulls so I put one order with them and later when I saw the rise closed it

Attached Image (click to enlarge)
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seems like I saved it as active workchart well demo account anyway

update
seems like there is a lot of pressure down plus the volume increased and peaked at heights with no event so most probably MMs changed to bears not thinking of re-entry

update 2 seems like that was only temporarily to resupply on longs
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Everything happens for a reason...
  • #76,096
  • Sep 17, 2014 4:42pm Sep 17, 2014 4:42pm
Quoting leentjai
{quote} I lost confidence ....and closed shorts , profit +583 total and I build longs...
I hope you get rid of the longs.
Attached Image (click to enlarge)
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with your average of 0.90790 the points won up to now are 1266
Everything happens for a reason...
  • #76,097
  • Sep 17, 2014 6:22pm Sep 17, 2014 6:22pm
GBPUSD Short Trade Open & Closed:
Closed for gain of 69.5 pips average, 1043.2 pips total. Scout entries.
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD_M15_2014_09_17_short.Exit.jpg Size: 169 KB
  • #76,098
  • Edited 8:33pm Sep 17, 2014 7:48pm | Edited 8:33pm
Quoting traderathome
EURUSD Long Trade Opened: Classic, based on the series of bullish waves as PA works it's way up thru the Trend, and a current retrace. {image}
EURUSD Long Trade Closed:

Closed for loss of 91.9 pips average/total.
Attached Image (click to enlarge)
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  • #76,099
  • Sep 17, 2014 7:50pm Sep 17, 2014 7:50pm
Quoting traderathome
USDCAD Long Trade Opened: Scout entries on this one, based on the MMs having given it a substantial whacking on increasing volume all the way down, and the sudden stop in the 3/4 level area, which is about mid-level of the previous consolidation (building) area. The Asian session might give more clues. Those MMs might whack it further. There is no way to know. But we have confluence of several key levels where the MMs halted the drop, so there are reasonable odds this is a good entry, and if it goes lower, that too might be another good entry. Why...
USDCAD Long Trade Closed:

Closed for gain of 45.5 pips average, 364.3 pips total.
Attached Image (click to enlarge)
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  • #76,100
  • Sep 17, 2014 8:28pm Sep 17, 2014 8:28pm
Quoting traderathome
NZDUSD Long Trade Opened: Scout entry based on: 1) sudden high incoming volume each of the two times price dropped below the whole number, meaning bulls closing shorts and/or going long, and 2) longer TF is beaish but look at the lineup of NZD releases. Before those releases there could be a good run up to get the price much higher for the next bear move timed to be precipitated by those releases. Then the PA goes bearish - from a higher point than now - in accord with longer term analysis. {image}
NZDUSD Long Trade Closed:

Closed for loss of 159.4 pips average/total.
Attached Image (click to enlarge)
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