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Sonic R. System

  • #76,281
  • Sep 24, 2014 7:13pm Sep 24, 2014 7:13pm
AUDUSD:

My take on this one is as annotated,.......The Robber Bank MMs have been sucking in longs and stopping them out,.......repeatedly!
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  • #76,282
  • Sep 24, 2014 7:40pm Sep 24, 2014 7:40pm
NZDUSD:

I see this as very similar to AU, but - as the Robber Banks are so capable of doing - with a different PA picture than has AU. The bottom line is the same. The MMs have closed shorts and have been building long. And to get the necessary liquidity to build long they have repeatedly pushed up price to coax longs into the market, and then have repeatedly Stop Hunted them!

I could be wrong about this, have been before, but this looks quite bullish.
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  • #76,283
  • Sep 24, 2014 7:56pm Sep 24, 2014 7:56pm
Quoting traderathome
{quote} USDJPY: It did..... {image} {image}
Yes, Prof...

it did,... at the same time with UJ up..... EU down below 12800 level, GU down from 16400 level...even before US news release
While knowledge speak up, the wisdom listen down
  • #76,284
  • Sep 24, 2014 8:00pm Sep 24, 2014 8:00pm
Quoting sam30
{quote} Yes, Prof... it did,... at the same time with UJ up..... EU down below 12800 level, GU down from 16400 level...even before US news release
USDJPY:

Volume activity at Asian session highs at achieved DR1. Bearish, but one might remain suspicious that the Robber Banks will now suck in shorters, and later ram the price up to the RDH/RWH area and stop them out for excellent liquidity to get their own short orders filled.
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  • #76,285
  • Sep 24, 2014 8:26pm Sep 24, 2014 8:26pm
Quoting traderathome
{quote} USDJPY: Volume activity at Asian session highs at achieved DR1. Bearish, but one might remain suspicious that the Robber Banks will now suck in shorters, and later ram the price up to the RDH/RWH area and stop them out for excellent liquidity to get their own short orders filled. {image}
yes, Sir...

will take caution on 109.50 area(half number)--might fakeout to 3/4 area.
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While knowledge speak up, the wisdom listen down
  • #76,286
  • Sep 24, 2014 9:00pm Sep 24, 2014 9:00pm
Quoting medalist
{quote} "Basically, scout is based on larger frame of wave. When price seems like a sitting duck to shot down. But, the larger the wave, the larger the drawdown. If your account can bear it, do it. But if not? Why risking so many pips for drawdown? Even it small, it wasting time. I did a bussiness where time is money. If I can made a pip through quick and fast way, why have to sit down and wait till the trade goes green? Scout, only deploy when triple bottom / top or even more hapenned. Scout only deployed when price testing high or low multiple...
Risk to Reward Ratio
After you mentioned it, it become interesting. Yes, many trader, look for a better risk to reward ratio. Many great amateur trader forum (each retail trader, no matter how great and long survived, always called as "amateur trade" - explanation later) talked about this also. Pupil often referred, highest risk to reward ratio is better. But nobody talk about, how delusional this "RISK TO REWARD RATIO". Why I called it delusional? First thing first, pupil who talked about R:R can't make the price; those pupil only following the price that made by higher, wealthier, and mostly well informed professional trader. Second, let's talked about professional trader that work at hedge fund, institutional trading floor, and bank. They always got a basic salary. They made a price moving. For what? Gain? Maybe yes, but their most job is to make a price for the hedge fund / bank client. They prepared the price in advance for their client. The client paid a transaction cost for that. The salary of professional trader taken from the transaction cost. Their goal is simple, risking small, and fixed the price at the certain time horizon. If the trade they carried is green (profitable) then they got a yearly bonus. If not? It's okay, they still got the basic salary, although the risk is very small, and already being counted as transaction cost.

After knowing about this, let's contemplate, as an amateur trader, that can't made the price nor moved the price higher or lower, our job is simple, follow the price only. One word I learn from my senior in office "nothing certain at the market except the uncertainty itself". By knowing this, before setting up the R:R, first is to look for, which price has the lower pips risk. Let's say that we got 2 position candidate, one with the risk 150 pips, the other only 15 - 25 pips. Will you choose the 150? I'm not. By choose the lower risk, I mimic the professional trader behaviour (even I can't make a price nor fixing the price). But if I choose the higher risk, I mimic the amateur trader that a part of 95% looser side. Let's talked about risk first, if you only have two choice (assume the market fighting your position exactly), loosing 150 pips or 15 pips only? Nobody will choose 150. After we pick a spot with a less risk, then let's talked about reward.

Market Maker, have a larger horizon about this. Their delivery time is larger than us. Their wealth is far above us. We trade with our money, they trade with their client money. They have much information compared to us. How many of you subscribe Thomson Reuters? Reuters is a standard tool for them. The reuters itself, cost at least 2000 USD / month. They make a price according to the supply and demand information. They have the network to gather enough transaction and made the price rally. Have you? Not. So, the more wise choice if we talked about reward is ride a little (I mean trully little) longer when you're right, and fold immediately if price seems halted and vulnerable to pullback. Why a little only? Back to the risk, the longer your position open, the more exposure to the risk you have. Price can reverse in a second. Have you experience that price can whip more than 3000 pips in a minute, reverse back 3000 pips in the next minute? Seriously it had been occur in history. You fishing a salmon through the storm, at the end, it cost you a boat. Salmon is a worth fish to looking for, but if you noticed that a storm approach you, will you keep your search for salmon or back home with only tuna? Well then, you decide yourself, which side you choose.

Regards,
-GP-
It's all started from page one
  • #76,287
  • Edited 9:43pm Sep 24, 2014 9:15pm | Edited 9:43pm
Gold: The Great Sting (and the Banks Stink), Revisited

Off and on for two years I have been talking about "The Great Sting (and the Banks Stink) manipulation of gold. The only question there ever was regarded where and when the colluding banks and governments would put in the bottom, and if the failure - or hyped scare of failure - of some currency(ies) would be the precipitous event that the colluding banks and governments would use to start shooting up the price of their cornered market in gold......

......of course, I could be wrong about this. I have been before. But, it would make the greatest bailout plan for governments (badly in need of one) ever conceived. And the broker Robber Banks, making money all the way down and back up, as they manipulate the price according to the plan,....well, they certainly would have no objection.

Now, we know how the Robber Banks work, whether for their own accounts, or as brokers for the governments. They have been, and will continue to, give longs and bottom pickers plenty of opportunities. After all, it is these traders that create the liquidity at the future lows for the banks to accumulate more gold. We also know, when truly great price manipulation is afoot, near the conclusion the price drop will become relentless. All manner of longs, realizing they sorely misjudged and fearing the dropping prices, will fold. Folks, this is where the Robber Banks and the governments they represent will - literally - accumulate tons of gold for a miniscule portion of its true worth and the future selling price the Robber Banks will ask for it!
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  • #76,288
  • Sep 24, 2014 9:32pm Sep 24, 2014 9:32pm
Quoting traderathome
AUDUSD Short Trade Open: Classic short entry. This appears to have reversed.... {image}
AUDUSD Short Trade Closed:

Closed for loss of 12.7 pips average, 38.2 pips total. I added after opening the trade.
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  • #76,289
  • Sep 24, 2014 9:35pm Sep 24, 2014 9:35pm
Quoting traderathome
GBPAUD Short Trade Open: Classic, a bit late but still with great potential. This is based on AUD looking like it is strengthening and GBP weakening. This is late in the LS, so later and tomorrow could change things. Needs watching - a counter trend trade based on both sides changing their trends - so this might fold, or I might add. Time will tell. {image}
GBPAUD Short Trade Closed:

Closed for loss of 30.0 pips average/total.
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  • #76,290
  • Sep 24, 2014 10:56pm Sep 24, 2014 10:56pm
GBPUSD:

Sonicers,

This is a clear picture of top heavy pricing - and above a whole number, too - followed by the Dragon starting to angle down as the price weakens. There is quite a lineup of USD releases coming, and which probably will not change things in the end. But, with them comes the opportunity for the Robber Bank MMs to whip and whack prices - Stop Hunts - to steal from others the money they need to increase their own positions.
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  • #76,291
  • Sep 24, 2014 11:14pm Sep 24, 2014 11:14pm
Quoting Gupito1508
{quote} Risk to Reward Ratio After you mentioned it, it become interesting. Yes, many trader, look for a better risk to reward ratio. Many great amateur trader forum (each retail trader, no matter how great and long survived, always called as "amateur trade" - explanation later) talked about this also. Pupil often referred, highest risk to reward ratio is better. But nobody talk about, how delusional this "RISK TO REWARD RATIO". Why I called it delusional? First thing first, pupil who talked about R:R can't make the price; those pupil only following...

Dear Gupito,

Nice salmon tuna storm analogy. The thing is, there is no salmon and tuna hanging arround crystal clear water with no storm. Only a delusional one keep fishing salmon or even tuna and eventually found their ship with crabs after the time wasting fishing effort. This kind of fisherman do the same time wasting activity regulary, with crab all over their broken net which need to be fixed for the next fishing time. What I am in line with you is, yes storm is all arround try to break your leaked little ship.

Thomson Reuters (aprrox. $200/month) per personal single user. $2000 is the enterprise (multiple user) . Their big data processing and modeling can do much in effort of reading sentiment, in this case I seems to be agree sentiment is somehow the one of the key in the world of unpredicted fugazi puzzle, marketpsyc, robberbank, robberbank iluminati freemanson fanboy, market manipulator, bla bla bla.

In the end, everybody has his own analysis, bias, delusions, ignorances, resistances. But, why reuters can sell their tools of analysis that high with what some might say "too much analysis equal paralysis" ?
Born to fuck
  • #76,292
  • Edited Sep 25, 2014 12:02am Sep 24, 2014 11:48pm | Edited Sep 25, 2014 12:02am
Quoting medalist
{quote} Dear Gupito, Nice salmon tuna storm analogy. The thing is, there is no salmon and tuna hanging arround crystal clear water with no storm. Only a delusional one keep fishing salmon or even tuna and eventually found their ship with crabs after the time wasting fishing effort. This kind of fisherman do the same time wasting activity regulary, with crab all over their broken net which need to be fixed for the next fishing time. What I am in line with you is, yes storm is all arround try to break your leaked little ship. Thomson Reuters (aprrox....
" But, why reuters can sell their tools of analysis that high with what some might say "too much analysis equal paralysis" ? - medalist

The answer is 1) most folks would rather be given answers than to think for themselves, and 2) they give their self-centered ego a boost when sitting in front of - and viewing - all that garbage they pay so highly for. It makes them feel "important" to be receiving what the "Big Boys" receive. There is no end to the crap that is marketed to traders. And the marketing of it is aimed at appealing to traders with the attributes of laziness, self-importance, and greed.

Nobody knows how the price will move except the market makers who move it. And they move it to make themselves profits, not to fulfill the predictions of analysts.

Gupito is right. Go with the current price, not the latest analysis. And mind the trade stop loss in case the MMs get frisky.

-tah
  • #76,293
  • Sep 25, 2014 1:05am Sep 25, 2014 1:05am
Quoting medalist
{quote} ** AUD Classic entry taken, after scouts before. TP not set. {image}

**AUD,

Trade closed. after another high volume pinbar. Before, I close the classic entry just before the 0.88316 key support.
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Born to fuck
  • #76,294
  • Sep 25, 2014 1:06am Sep 25, 2014 1:06am
Quoting Gupito1508
{quote} Risk to Reward Ratio After you mentioned it, it become interesting. Yes, many trader, look for a better risk to reward ratio. Many great amateur trader forum (each retail trader, no matter how great and long survived, always called as "amateur trade" - explanation later) talked about this also. Pupil often referred, highest risk to reward ratio is better. But nobody talk about, how delusional this "RISK TO REWARD RATIO". Why I called it delusional? First thing first, pupil who talked about R:R can't make the price; those pupil only following...
An interesting discussion. I'll sometimes find that if a trade of mine hasn't moved into profit within a few hours after entry, I'll tighten the stop. I believe the man himself, Mr Sonicdeejay also uses tight stops these days.
  • #76,295
  • Sep 25, 2014 2:35am Sep 25, 2014 2:35am
Morning

GBPCHF Weekly

GBPCHF comes back to 1.5500
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GBPCHF Daily
I do not know if other brokers (mine is, Armada markets) show that daily candle with outstanding volume.
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Donde hay Patron no manda Marinero
  • #76,296
  • Sep 25, 2014 2:54am Sep 25, 2014 2:54am
NZDUSD +161p quick scalp
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Everything happens for a reason...
  • #76,297
  • Sep 25, 2014 3:09am Sep 25, 2014 3:09am
Quoting Patron
Morning GBPCHF Weekly GBPCHF comes back to 1.5500 {image} GBPCHF Daily I do not know if other brokers (mine is, Armada markets) show that daily candle with outstanding volume. {image}
GBPCHF M15

... And reached 1.5500.
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  • #76,298
  • Sep 25, 2014 3:28am Sep 25, 2014 3:28am
Quoting Patron
Morning GBPCHF Weekly GBPCHF comes back to 1.5500 {image} GBPCHF Daily I do not know if other brokers (mine is, Armada markets) show that daily candle with outstanding volume. {image}
There are 63 people here, none can confirm the daily volume of the candle referenced? Thank you.
Donde hay Patron no manda Marinero
  • #76,299
  • Sep 25, 2014 3:46am Sep 25, 2014 3:46am
Quoting Patron
{quote} There are 63 people here, none can confirm the daily volume of the candle referenced? Thank you.

Hello
Here it goes
Take care
GEM
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  • #76,300
  • Edited 5:08am Sep 25, 2014 3:50am | Edited 5:08am
Eurusd m15 long (correction)
This pair remains bearish until the contrary is proved.
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