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Sonic R. System

  • #77,041
  • Oct 23, 2014 1:39pm Oct 23, 2014 1:39pm
Good Evening TAH,

i am been following this thread for a some weeks and I love the idea MMs are manipulating the markets to maximize profits.

However i got some questions, hope u can help to answer.

Since the beginning i ve entered some of your recommendations ( i think 4/5 or sth ) unfortunately 3,4 of them went and hit SL.

After a while it turns out, as a profit trade because of moving SL and adding position from your side.

My Question is: due to the reason beeing new to the system and i think i talk for some other guys too, could help to explain why u move SL and adding position to a red one. For sure u dont need to explain all of the moving or adding but maybe just some of them to help us understand the idea of manipulation.

However come to an end, I have to thank you and the ppl posting here to let me/us have a "better/new" view over the market hence the reason of beeing a newbie ( i trade since 1,5 yrs )

Thx and pls keep the good work to help ppl. Sharing is caring !!!

PS: sry for the bad english
  • #77,042
  • Oct 23, 2014 4:07pm Oct 23, 2014 4:07pm
Quoting traderathome
{quote} .....changed to a gamblers entry NWGstudent, First off, trading is gambling. No matter how one tries to justify it as something else, every trade entry is a gamble. No matter how good a setup there is, it does not mandate that the Robber Banks/MMs follow thru on the "promise" of the setup. Every time a traders puts money down on a trade, they put themselves at the mercy of the Robber Banks/MMs, with only their own good judgement to save themselves from ruin. And so, we have the matter of good judgement to consider. Sometimes a trade is not...

you guys are aware you are debating semantics right?
  • #77,043
  • Oct 23, 2014 4:12pm Oct 23, 2014 4:12pm
Quoting forexTN14
Good Evening TAH, i am been following this thread for a some weeks and I love the idea MMs are manipulating the markets to maximize profits. However i got some questions, hope u can help to answer. Since the beginning i ve entered some of your recommendations ( i think 4/5 or sth ) unfortunately 3,4 of them went and hit SL. After a while it turns out, as a profit trade because of moving SL and adding position from your side. My Question is: due to the reason beeing new to the system and i think i talk for some other guys too, could help to explain...
forexTN14,

Okay. Here is the only other one that is deviate like the AUDUSD trade. This is AUDJPY......

There are 20 separate entries:
01. Started trade (way over on left of chart) as a Classic short.
02. Big swing came, but with lower high. Added, still figuring bears at work.
03. Later, strong move back above whole number. Now above whole numbers is where the thieving MMs prefer to build short - a premise of PVSRA - so when the they first took price up, I added. However, they continued the pump. I had to decide. Usually, such rapid moves up are subject to suspicion. I added more.
04. That move retraced completely, strengthening my resolve that bears are doing the price manipulating, so when price again went slightly above whole number, I added one more.
05. Still with that resolve, but asleep, the MMs whipped up the price, even higher this time. I awoke to see it climbing above the half number, higher than the previous significant highs. I waited until price appeared to be consolidating, then added four times.
06. Soon afterwards, the MMs resumed the pump. At this point I was convinced the MMs were attempting to shake out weak hand shorts and began adding more as the price moved up towards the next whole number.
07. I am back at the computer now and see that my pending order just below that whole number did not trigger. Price fell a bit and was back up, but not quite as high. I decided to round out the trade to 20 entries by adding one more time.

Okay, that is it. This is an example of believing in the trade direction and seeing the PA in a way that supports that belief, and adding instead of holding or folding. And this is exactly the kind of thing that can go hellishly wrong! I am down almost 900 pips, which could wipe out 1/3 of my week's work! On the other hand, if the MMs are pumping this to shake out weak hand shorts and if I endure the gauntlet, this could be a very profitable trade with a target in the 92.00 area for a gain of over 4,800 pips.

On the other hand, this could have been a straight forward trade that closed at a 20-25 pips SL above the whole number after my opening entry. I could then have traded long at least twice with good results already banked. So, in this case, no matter if it turns profitable, I have to say that my decisions were bad ones. I should have simply had a reasonable SL on the trade and let it go at that.

Hope all this helps. In fact, after having to explain all of this, I can see that if I have to continue to do so on such trades, I'd better start using SLs.
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  • #77,044
  • Oct 23, 2014 4:52pm Oct 23, 2014 4:52pm
Quoting Fxism
{quote} you guys are aware you are debating semantics right?
Yep.

Nothing ventured, nothing gained. The implication is the existence of risk of loss of part of, or all of, that which is ventured. The gamble is whether or not whatever control you can exercise in the matter is adequate to counter the risk and achieve gain. Sometimes it might be and sometimes it might not be. Not because the degree of control changes, but because those things which present the risk can change.

For example, if the MMs decided on a practice of sporadically clearing the queue and then whipping or whacking the price by thousands of pips (no cost "book entries" from that point on, as far as they want to take it), the risk would be too great for anybody to venture on the chance for profit. All the gamblers would leave. The market would die for lack of traders with enough balls to go for it!

-tah
  • #77,045
  • Oct 24, 2014 5:37am Oct 24, 2014 5:37am
au long
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Dragon the best Indicator
  • #77,046
  • Oct 24, 2014 7:50am Oct 24, 2014 7:50am
eu long
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Dragon the best Indicator
  • #77,047
  • Oct 24, 2014 8:33am Oct 24, 2014 8:33am
Quoting traderathome
GBPUSD Long Trade Open: M5 Classic, pre-LS. This is based a nice PA wave form and Dragon that is angling up, as the price makes higher lows but where the highs are cut off at the half number. This has the appearance of the MMs holding the price down at the half number while accumulating long orders below it (PVSRA) {image}
GBPUSD Long Trade Closed:

Closed for gain of 12.7 pips average, 50.8 pips total.
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  • #77,048
  • Oct 24, 2014 8:35am Oct 24, 2014 8:35am
Quoting traderathome
EURUSD Long Trade Open: M5 Classic, pre-LS. This is based on several factors: 1) the Asian session MMs started off with a small hike for altitude before driving the price lower - coaxing shorters in so they can close their own - all below the half number (PVSRA = bulls) where, 2) from the lows there began a series of bullish PA waves, 3) that are diminutive due to tight ranging (MMs trying to keep PA looking bearish so shorters will continue to come in), 4) all ahead of EUR releases coming in a few hours. This has the look of being whacked further...
EURUSD Long Trade Closed:

Closed for gain of 23.8 pips average, 71.4 total.
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  • #77,049
  • Oct 24, 2014 8:37am Oct 24, 2014 8:37am
Quoting traderathome
EURAUD Long Trade Open: M15 Classic: LS, Dragon angled up, Trend angled up, PA above both, nice bullish PA waves. Plenty of activity below whole number yesterday and today (PVSRA = bulls), and now it looks like a bounce up off of the whole number. {image}
EURAUD Long Trade Closed:

Closed for gain of 80.6 pips average, 161.2 total.
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  • #77,050
  • Oct 24, 2014 9:00am Oct 24, 2014 9:00am
Quoting traderathome
USDCAD Long Trade Open: M5 Classic setup, post-LS. This is based in part on MMs having driven the price below whole number - imho as conclusion of a Stop Hunt of longs (and probably the third one in the last seven trading days!) - that was followed by a strong recovery & bounce up. It is also based on my interpretation of the Month chart; that the market is very bullish here. No TP or SL at this time, as this pair is very volatile. I want to watch, wait and see what the MMs do with the price. The extreme price manipulation of this pair, over more...
USDCAD Long Trade Update:

Just added to this long trade as MMs got price back down to whole number. I have been monitoring the flattened Dragon on the M1 chart as they have been working the price up and down in this whole number area.

As I see it, this is potentially a great breakout upwards possibility shown on the Month chart. However, I also see this week as nothing more than the futuristic planning MMs holding the price down while building for the event. I do not see this going anywhere today, and maybe not even next week. But, we cannot know such things, ever. It could happen at any time. Or, I could be dead wrong (have been befoire) and the MMs might start driving the price substantially lower.
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  • #77,051
  • Oct 24, 2014 9:24am Oct 24, 2014 9:24am
Quoting NWGstudent
{quote} I think you views on trading are a bit offset. If my intention was to gamble I would make deposits with casinos instead of trading. Trading is not gambling if you base your trading on high probability trades and fundamentals. Ofcourse I donīt deny there will be loosing trades, if everyone won, there wouldnīt be a market to trade and you cant stick under a chair that traiding involves high risk. Iīm trying out this system to see if it would work for me to, and as said before the chart is eye candy, this system got by far most post and has...
MY OPINION (and nothing else):

Trading for the average person IS a form of gambling. We are playing against the "house" and are
subject to the house rules. The biggest stumbling block is the house can see EVERYTHING we do and they
make their moves in accordance with where everyone is placing their trades, and take profits, and
stops. If your individual trade happens to fall within those levels/locations, you are most likely going
to lose. Your only hope is to be just outside of those parameters in order to get in and out successfully.

It is similar to walking into a casino and counting cards. If they catch you doing it you are out the door!

Everything in forex is set up in favor of the "big boys." It is either their way, or the highway!

  • #77,052
  • Edited 9:40am Oct 24, 2014 9:30am | Edited 9:40am
Comment All JPY Pairs:

Today the MMs have been driving all these up. Next week are some tentative BOJ releases. I am guessing at this, but this smells like Pump-to-Later-Dump to me.

Specifically, they are hiking the price to close their longs, and they might hold price in some range to do so, and to then re-build short. When the time comes, they will pull the rug out from under the pricing of these pairs and we will have trend reversals from "up" to "down".

Pure speculation, because we cannot know how the prices will move next, but it does seem significant that the MMs are pumping them all on a Friday. If they were bullish, they'd be holding prices down and loading more longs. So, it is a fair guess that they are vacating their longs right now.
  • #77,053
  • Oct 24, 2014 9:45am Oct 24, 2014 9:45am
Quoting ArtfulDodger
{quote} MY OPINION (and nothing else): Trading for the average person IS a form of gambling. We are playing against the "house" and are subject to the house rules. The biggest stumbling block is the house can see EVERYTHING we do and they make their moves in accordance with where everyone is placing their trades, and take profits, and stops. If your individual trade happens to fall within those levels/locations, you are most likely going to lose. Your only hope is to be just outside of those parameters in order to get in and out successfully. It...
ArtfulDodger,

Your post is excellent! I love it!

This is precisely how the market works. No "nicey, nicey" here, just legal and well calculated methods by which the MMs steal from others.

-tah
  • #77,054
  • Oct 24, 2014 9:55am Oct 24, 2014 9:55am
Quoting traderathome
{quote} ArtfulDodger, Your post is excellent! I love it! This is precisely how the market works. No "nicey, nicey" here, just legal and well calculated methods by which the MMs steal from others. -tah
The sad reality is, if we were to find a loophole they will quickly
discover it and change the rules again.

Jack be nimble, Jack be quick!

  • #77,055
  • Oct 24, 2014 9:57am Oct 24, 2014 9:57am
USDJPY Short Trade Open:

M15, combination of Classics and Scouts that open this trade. The trade is based on PA waves that are bearish overall, and the fact that the MMs have been pumping all of the JPY pairs today back to their previous highs,....something irregular for a Friday, unless they are closing their longs on all of them.

TP is tentative, because this will probably not unfold until next week, when the target could be much, much lower. No SL at this time due to pure manipulation and volatility of price.
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  • #77,056
  • Oct 24, 2014 9:58am Oct 24, 2014 9:58am
Tah - Can you explain what does the "Range" tells from logo ?
Dragon the best Indicator
  • #77,057
  • Oct 24, 2014 10:07am Oct 24, 2014 10:07am
Quoting mg_vinodkuma
Tah - Can you explain what does the "Range" tells from logo ?
On my charts using upgraded indys, the two range numbers are the Week and the Day computed range averages. It does not show the Day Range average and the actual day range achieved, as does yours.
  • #77,058
  • Oct 24, 2014 10:45am Oct 24, 2014 10:45am
Quoting traderathome
{quote} EURAUD Long Trade Closed: Closed for gain of 80.6 pips average, 161.2 total. {image}
that is a very nice trade... one of the few that follow the rules..I like it ... nice work.
  • #77,059
  • Oct 24, 2014 10:49am Oct 24, 2014 10:49am
Quoting donksd
{quote} that is a very nice trade... one of the few that follow the rules..I like it ... nice work.
It is one of the few times that post-entry PA co-operated! The MMs must be losing their grip!
  • #77,060
  • Oct 24, 2014 10:55am Oct 24, 2014 10:55am
Quoting traderathome
Comment All JPY Pairs: Today the MMs have been driving all these up. Next week are some tentative BOJ releases. I am guessing at this, but this smells like Pump-to-Later-Dump to me. Specifically, they are hiking the price to close their longs, and they might hold price in some range to do so, and to then re-build short. When the time comes, they will pull the rug out from under the pricing of these pairs and we will have trend reversals from "up" to "down". Pure speculation, because we cannot know how the prices will move next, but it does seem...
Speak my mind there. I've been going on "long" JPY position by shorting its pairs across the board with EUR, GBP, CHF, USD. All with very very small starter positions.
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