Sonic R. System | Page 3856 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Sonic R.evolution 95 replies

The System Behind the System, by Merlin Jeffries 16 replies

Old School Sonic System + Other Things 11 replies

Knife system, Vegas 4h system related questions. 4 replies

Would you trade this system? New system #2. 10 replies

Attachments: Sonic R. System
Exit Attachments

Sonic R. System

  • #77,101
  • Edited 12:23pm Oct 28, 2014 12:07pm | Edited 12:23pm
USDJPY Comments Update:

Sonicers,

The H4 H&S is still in-play. The Robber Banks have recently taken the price back below the 108.00 whole number, loaded up, and now the price is climbing again. RWH just happens to be in confluence with the H&S target, which is also just a bit below a half number. That half number could actually be the real target area the MMs have for a nice new 150+ pips bull swing that may now be in progress.

The M15 is a post-LS Classic setup at this time, and the H1 chart supports the notion of a bullish trend. Interesting, huh?!

However, with the LS being over, price movement becomes an unreliable metric for the most part. Nevertheless, it will be exciting to see what the MMs do with price in these after hours, and then what the MMs do with it in the upcoming Asian session.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: oct 2014 - 163.png Size: 70 KB
Click to Enlarge Name: oct 2014 - 164.png Size: 66 KB
Click to Enlarge Name: oct 2014 - 165.png Size: 63 KB
  • #77,102
  • Oct 28, 2014 2:40pm Oct 28, 2014 2:40pm
Quoting traderathome
{quote} 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...
Hi TAH,

can you share with us your opinion about this pair.

Personally, iam in this trade,too. I am trading the same direction.

1. Position: EP @95.00 with 1lot SL @96.65 Yearly S&R Level
2. Position: EP @95.25 with 2 SL @96.65 Yearly S&R Level
3. Position: EP @95.50 with 4 SL @96.65 Yearly S&R Level

next Sell Limit @96.00 with 4?

What do you think ?

many thanks and cheers.
  • #77,103
  • Oct 28, 2014 3:23pm Oct 28, 2014 3:23pm
Quoting traderathome
EURUSD Short Trade Open: M1 Classic entry. The trend is down on larger TFs. Today, the MMs whipped the price up above a half number (PVSRA = bears). To me, PA looks like Pump & Dump. Time will tell. No TP/SL at this time. {image}
EURUSD Short Trade Closed:

Closed for gain of 1.8 pips average, 3.6 pips total. This trade I should not have entered; too late in the LS for any fruition.
Attached Image (click to enlarge)
Click to Enlarge Name: oct 2014 - 166.png Size: 62 KB
  • #77,104
  • Oct 28, 2014 3:31pm Oct 28, 2014 3:31pm
Quoting traderathome
USDJPY Long Trade Open: M1 Classic entry. I am still seeing this as bullish. My previous long trade was stopped out by yet another whacking below the whole number. I see that as confirmation of bulls, so I have ventured to restart the long trade on M1. No TP/SL at this time. In fact, I now have a suspicion that the MMs might drive up all JPY pairs ahead of the next JPY releases, or maybe just hold them up while they close out longs and rebuild short. Never can know how they will manipulate price, though. {image}
USDJPY Long Trade Closed:

Closed for gain of 18.6 pips average, 74.3 pips total. Closed for possible retrace come the next Asian session.
Attached Image (click to enlarge)
Click to Enlarge Name: oct 2014 - 167.png Size: 69 KB
  • #77,105
  • Edited 4:31pm Oct 28, 2014 3:43pm | Edited 4:31pm
Quoting forexTN14
{quote} Hi TAH, can you share with us your opinion about this pair. Personally, iam in this trade,too. I am trading the same direction. 1. Position: EP @95.00 with 1lot SL @96.65 Yearly S&R Level 2. Position: EP @95.25 with 2 SL @96.65 Yearly S&R Level 3. Position: EP @95.50 with 4 SL @96.65 Yearly S&R Level next Sell Limit @96.00 with 4? What do you think ? many thanks and cheers.
AUDJPY and all other JPY Pairs:

forexTN14 and All Sonicers,

The short trade on AUDJPY reminds me of the summer of 2013, and also of what hit loeil so hard this summer-to-fall; position building short while price rises, seemingly relentlessly.

This could go to RWH. It could go even higher. Or, it might be topping out now. We simply cannot know how the MMs will move price, or in this case how far they will move it.

Two days from now, during the Asian session, there will be high impact releases for both AUD and for JPY (JPY releases are still listed as "Tentative"). At any time the Robber Banks could run out of longs to sucker into the market, which they need to help them to hold up price while closing their own longs and switching to shorts. So, how far up will it go? That is anybody's guess. When, and at what price will the market dry up of longs?

It is an interesting question, because the deceiving Robber Banks/MMs might use USDJPY PA to trick traders into thinking all JPY pairs are still strong bulls! Yep. I can see these MMs pushing USDJPY up (reference the inverted H&S postings), while only moderately supporting the other JPY pairs, and aggressively closing longs/opening shorts as longs do come into the other JPY pairs! Such a "bullish" deception might work, because they only have to "support" the prices of the other JPY pairs for two more days to carry the deception to completion. On the other hand, the inverted H&S might itself be a deception, and at any time of the MMs choosing, all of the JPY pairs might start to plummet.....including USDJPY.

Just keep in mind that this is all just speculation. We cannot know how the MMs will move prices. Never!

The AUDJPY short trade is one more example of what can happen when the M15 trend changes against an entered Classic setup. The M15 trend changing against a Classic is cause for alarm and for exit of the trade. This is something that is like the plaque to me because staying in such trades is my No. 1 bad habit which I struggle to change.
  • #77,106
  • Oct 28, 2014 4:36pm Oct 28, 2014 4:36pm
USDJPY Short Trade Open:

M1 Classic, pre-LS. This is intended as a short duration Asian session trade only. If the MMs are bulls they might retrace price back to the lower whole number, which is the basis for the short trade. On the other hand, if they are starting off today as genuine bears, then this trade should still turn out okay.
Attached Image (click to enlarge)
Click to Enlarge Name: oct 2014 - 168.png Size: 61 KB
  • #77,107
  • Oct 28, 2014 5:15pm Oct 28, 2014 5:15pm
NZDUSD:

Sonicers,

This might be one to watch now, because there is a NZD release within two hours. You can see that yesterday the MMs whipped up the price above a half number, from which it promptly fell. This is a sign the MMs manipulated the price high and began closing longs/and/or opening shorts. It was that selling activity that brought the price back down. And because such selling, that is involved in switching from longs to shorts, forces the price down, the MMs start off by pumping the price up first! And they love to close some longs and get some shorts on above half numbers (PVSRA).

Soon we have a release that might be timing for a move today. Up? Down? If I am right about the MMs being bears, then down. Of course, I am not always right and we can never really know how the MMs will move price next.

So, this might be worth keeping an eye on, to see what the MMs do with price, and if there comes a Classic setup. Keep in mind that there might be another pump. If the first one was primarily to close longs, then the Robber Banks might pump it again as part of their short building, especially after allowing some time to draw in other shorters. That way a second pump can also act as a Stop Hunt on those that have already entered short.
Attached Image (click to enlarge)
Click to Enlarge Name: oct 2014 - 169.png Size: 63 KB
  • #77,108
  • Oct 29, 2014 3:23am Oct 29, 2014 3:23am
Quoting traderathome
{quote} AUDJPY and all other JPY Pairs: forexTN14 and All Sonicers, The short trade on AUDJPY reminds me of the summer of 2013, and also of what hit loeil so hard this summer-to-fall; position building short while price rises, seemingly relentlessly. This could go to RWH. It could go even higher. Or, it might be topping out now. We simply cannot know how the MMs will move price, or in this case how far they will move it. Two days from now, during the Asian session, there will be high impact releases for both AUD and for JPY (JPY releases are still...
thx man,

now, AUD/JPY looks pretty dangerous to build up short positions.

Need to change Strategy, looking to take advantage as BOJ maintains monetary easing targeting an inflation rate of 2% & rate differentials favour in buying AUD.

Will focussing on short term buying on AUD/JPY to get out without loss, since i am already in the trade with 7L.

confluence zone at 95.00-95.10.

short term for support or pullback = EP @95.05 with 8 lots SL @94.50 and TP @95.65

Anyway if TP hits, i will close all positions, much to dangerous this pair.

What u think ?

Thanks.
  • #77,109
  • Oct 29, 2014 3:31am Oct 29, 2014 3:31am
Quoting forexTN14
{quote} thx man, now, AUD/JPY looks pretty dangerous to build up short positions. Need to change Strategy, looking to take advantage as BOJ maintains monetary easing targeting an inflation rate of 2% & rate differentials favour in buying AUD. Will focussing on short term buying on AUD/JPY to get out without loss, since i am already in the trade with 7L. confluence zone at 95.00-95.10. short term for support or pullback = EP @95.05 with 8 lots SL @94.50 and TP @95.65 Anyway if TP hits, i will close all positions, much to dangerous this pair....
WoW thats the same trade Jarrt Davis sent out today, the exact numbers

Originally Updated: 07:00GMT

Currency Pair: AUD/JPY

Sentiment: http://www.forexpeacearmy.com/forex-...lossarlink.gif Bullish

Market focus:

In today’s trade set up we will be focussing on short term buying opportunities on the AUD/JPY.

Fundamentals:

The market remains quiet ahead of the http://www.forexpeacearmy.com/forex-...lossarlink.gif FOMC statement later today with investors looking at a possible soft tone regarding the raising of interest rates in the U.S. anytime soon.

We are not overly eager to take any positions prior to the release expected at 6:00 pm GMT today, however one could look at a short term yield play long on the AUD/JPY looking to take advantage of the situation in Japan as BOJ Governor Kuroda maintains monetary easing targeting an http://www.forexpeacearmy.com/forex-...lossarlink.gif inflation rate of 2 percent and interest rate differentials favour investors to buy the AUD.

Technicals:

We have a nice confluence zone at 95.10-95.00. This should offer short term http://www.forexpeacearmy.com/forex-...lossarlink.gif support for any pullback.

http://www.forexpeacearmy.com/forex-...lossarlink.gif Stop loss could be placed at 95.50

First take http://www.forexpeacearmy.com/forex-...lossarlink.gif profit target : 95.65

P.S - If you want to learn more about how I trade, check out this link below

First Landing Page - Jarratt Davis
  • #77,110
  • Oct 29, 2014 3:50am Oct 29, 2014 3:50am
Thank you,

yes, it seems reasonable to me to get in a trade like that.

However i am hedging against my short positions to close without loss.
  • #77,111
  • Edited 5:09am Oct 29, 2014 4:16am | Edited 5:09am
Anyone having problem with the Sonic indicators and template? It was working fine all these while...

Then suddenly yesterday, i started seeing FFCAL Error. File download incomplete!
Attached Image (click to enlarge)
Click to Enlarge Name: FFCalError.jpg Size: 288 KB
  • #77,112
  • Oct 29, 2014 4:31am Oct 29, 2014 4:31am
Quoting forexTN14
{quote} thx man, now, AUD/JPY looks pretty dangerous to build up short positions. Need to change Strategy, looking to take advantage as BOJ maintains monetary easing targeting an inflation rate of 2% & rate differentials favour in buying AUD. Will focussing on short term buying on AUD/JPY to get out without loss, since i am already in the trade with 7L. confluence zone at 95.00-95.10. short term for support or pullback = EP @95.05 with 8 lots SL @94.50 and TP @95.65 Anyway if TP hits, i will close all positions, much to dangerous this pair. What...
I see that simple ... if not reversal patttern, the pair remains bullish.

I mean daily timeframe. You can find smaller waves in other timeframes for interesting retracements.
Attached Image (click to enlarge)
Click to Enlarge Name: audjpy daily.PNG Size: 87 KB
Donde hay Patron no manda Marinero
  • #77,113
  • Edited 4:57am Oct 29, 2014 4:43am | Edited 4:57am
Quoting traderathome
USDJPY Short Trade Open: M1 Classic, pre-LS. This is intended as a short duration Asian session trade only. If the MMs are bulls they might retrace price back to the lower whole number, which is the basis for the short trade. On the other hand, if they are starting off today as genuine bears, then this trade should still turn out okay. {image}
USDJPY Short Trade Closed:

Closed for gain of 7.7 pips average, 53.7 pips total. Awoke to find price hit the lower whole number area and now seems to be ranging. Decided to close it. After entry, I added four as price was lower, and then two more when price went on what might have been a Stop Hunt of shorts. So, this could be bearish now and might drop more. With FOMC coming later, however, it might not do much of anything until then.
Attached Image (click to enlarge)
Click to Enlarge Name: oct 2014 - 170.png Size: 68 KB
  • #77,114
  • Oct 29, 2014 5:03am Oct 29, 2014 5:03am
EJ Short Trade, Classic M5 Scalping 7-15 pips:

Attached Image (click to enlarge)
Click to Enlarge Name: EJ 29.10.PNG Size: 58 KB


First Try to post with Sshot here

- Any feedbacks with regard to the trade are welcome -
  • #77,115
  • Edited 6:55am Oct 29, 2014 5:13am | Edited 6:55am
AUDJPY Comment:

My best guess at this point is that the MMs will take the price to the RWH area.

RWH, being less than 50 pips away, is just too close for them to not go for it. Also, it aligns beautifully with historic PA, as you can see on the chart attached. And it would be a FR retrace of just over 62%, which is reasonable before a reversal.

The JPY pairs are long overdue for reversals from bull to bear. As I see it, if the MMs sense (or are planning) as much, then as greedy as they are for long term profits as well as short term profits, they will do all they can to see that the turning point is as high as possible, and that they get a lot of short orders of their own filled in that area.

For this week, RWH is the logical target that does this for the MMs. And with JPY high impact releases still the better part of two days off, there is plenty of time for the MMs to achieve RWH. And, if they are sneaky about it, they might fake a turn to bear beforehand, suck in shorters, and then do a Whip & Whack finale in conjunction with the JPY releases. That way, they coax in another batch of shorters and then get to Stop Hunt them to get even more liquidity to fill their own short orders. Which, BTW, is something they might do on all the JPY pairs.
Attached Image (click to enlarge)
Click to Enlarge Name: oct 2014 - 171.png Size: 64 KB
  • #77,116
  • Oct 29, 2014 5:44am Oct 29, 2014 5:44am
EJ Short Trade, Classic M5 Scalping 7-15 pips:

- Closed for loss, 15 Pips Average, 36.1 in total -

Attached Image (click to enlarge)
Click to Enlarge Name: EJ 29.10 Closed.PNG Size: 28 KB


What do you think, Ep is to early or SL/TP Ratio bad ?

- Any feedbacks with regard to the trade are welcome -
  • #77,117
  • Oct 29, 2014 7:21am Oct 29, 2014 7:21am
Inserted Video



Cheers,,


Sonic
  • #77,118
  • Oct 29, 2014 7:23am Oct 29, 2014 7:23am
usd/cad help,my head is in a mess.today ,3 big release about u/c,now u/c is diving，mms are sucking in shorts or building shorts,some can
give comments?
  • #77,119
  • Oct 29, 2014 7:28am Oct 29, 2014 7:28am
Quoting donksd
{quote} WoW thats the same trade Jarrt Davis sent out today, the exact numbers Originally Updated: 07:00GMT Currency Pair: AUD/JPY Sentiment: {image} Bullish Market focus: In today’s trade set up we will be focussing on short term buying opportunities on the AUD/JPY. Fundamentals: The market remains quiet ahead of the {image} FOMC statement later today with investors looking at a possible...
P.S - If you want to learn more about how I trade, just read my posts. It's free.
Donde hay Patron no manda Marinero
  • #77,120
  • Edited 7:53am Oct 29, 2014 7:37am | Edited 7:53am
Quoting lzhcz
usd/cad help,my head is in a mess.today ,3 big release about u/c,now u/c is diving，mms are sucking in shorts or building shorts,some can give comments?
It seems to be forming a pattern reversed in daily timeframe. But for now, we can only speak of correction. Very likely to reach 38% of Fibonacci.
Regarding mm, are imaginary entities that fail to say anything about the market condition. So I do not know what will.
You'll have to go down to smaller timeframes to make a more accurate tracking.
Attached Image (click to enlarge)
Click to Enlarge Name: usdcad d.PNG Size: 100 KB
Attached Image (click to enlarge)
Click to Enlarge Name: usdcad m5.PNG Size: 79 KB

This channel can also serve as a guide. To work.
Attached Image (click to enlarge)
Click to Enlarge Name: canal.PNG Size: 94 KB
Donde hay Patron no manda Marinero
115 traders viewing now