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Sonic R. System

  • #77,581
  • Nov 17, 2014 9:53am Nov 17, 2014 9:53am
AUDUSD Short Trade Open:

M15 Classic re-entry, post LS.

You can see the bear PA waves, and that the Dragon is well angled down throughout. Now the Dragon has crossed below the Trend, also angled down. There has been a 62% retrace of the last leg down. PA might or might not retrace more. That is up to the MMs. But, in case it does not, I have decided to make entry short here. The question becomes whether or not to add "in the red" if after hours PA, or the next AS PA continues the retrace.
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  • #77,582
  • Edited 10:50am Nov 17, 2014 10:34am | Edited 10:50am
CADJPY: An Interesting Pump

Look how the volume falls off, yet the price continues to rise. This is the Robber Banks at work, pumping up the price back up, ahead of JPY and CAD releases later this week, after a high volume sell-off in the AS today. We do not know how far up it will go. The rise could cease anytime. So, we have to be very careful with any Classic long setup that might come. We also have to be very careful with any short setup that comes too early, before the releases, because a move down could turn out to be a head fake to suck in shorters to be stopped out later by a whip back up in the price before the releases. Right now, as Sonic might say, "...too late to long, too early to short..." It is just the right time to sit on our hands awhile longer, and see how the MMs stage the PA for what they have planned for this week.
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  • #77,583
  • Nov 17, 2014 11:06am Nov 17, 2014 11:06am
Quoting traderathome
{quote} NZDUSD Short Trade Update: Following my initial entry the price moved lower. Then the price stopped and started by up. At this point, it seems to me the price was being supported so the MMs could keep price in a range while building their short positions. Being "in the green" I added to build my short position, and I extended myself a little bit when the trade shifted to "in the red". Then suddenly (gotta luv these Robber Banks) the price was whipped up - possible stop hunt of shorts - and at this point my initial entry was stopped out....
NZDUSD Short Trade Update:

Price has started lower again, following the quick move up. I have added to this short trade. Here is what I see in the PA.....

With the US open, the US Robber Banks promptly followed suit all the other MMs and sold this pair. But then, at the whole number, they supported it and established a tight range for ongoing position building (shorting). After giving others lots of time to also enter the market short, these Robber Banks quickly whipped the price up to stop them out. This is the same type of move they did Friday with EURUSD: first to get others to bring their money into the market on the right side of the future trade move, and then steal it from them!

So, I will be watching this longer - still with no TP/SL set - into the coming AS, to see how things develop.
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  • #77,584
  • Edited 7:08pm Nov 17, 2014 5:34pm | Edited 7:08pm
AUDUSD:

Sonicers,

Did the AS MMs just run a stop hunt on shorts, timed with that last AUD high impact release? Or, was this simply a price pump to get the price higher for shorting? Let's see if PA starts to trend down or up now. This could become very bearish this week if either of these two things just happened. And, there is another AUD high impact release soon after the coming LS opens.

Notice on the H1 chart (1.5 hours later) that a down trend might be in the early stages of formation. The H1 Dragon is angled down and the Trend has changed from up to flat. And see that twice now the MMs have supported the price at the lower whole number, which they might have done to keep it from dropping further while they scramble to build short positions. And pushing up price to coax in longs and stop out shorts is the way these Robber Banks do it.

And on the Week chart (also 1.5 hours later), you can see that price has retraced the bear swing down by about 62%, but the current week is bearish and price is now down to the 50% retrace level, which is still a good price area for building new shorts.

This could get interesting today.
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  • #77,585
  • Nov 17, 2014 7:06pm Nov 17, 2014 7:06pm
Quoting traderathome
{quote} andytantra, Each trader decides in what way they are going to monitor and manage their trades. Some folks are full-time traders and some have other full-time jobs, so you can understand that each person must figure out how to do this in a manner with which they feel comfortable. Yes, the trend can change - on M15 and on any TF chart - which should be incentive to be very picky about the setups traded, and to be disciplined to not trade with entries over-sized for account sizes. The market is run by the big Robber Banks that make the market,...
Thx for your answer TAH... u is a nice guy...
  • #77,586
  • Nov 17, 2014 7:17pm Nov 17, 2014 7:17pm
Quoting traderathome
AUDUSD Short Trade Open: M15 Classic re-entry, post LS. You can see the bear PA waves, and that the Dragon is well angled down throughout. Now the Dragon has crossed below the Trend, also angled down. There has been a 62% retrace of the last leg down. PA might or might not retrace more. That is up to the MMs. But, in case it does not, I have decided to make entry short here. The question becomes whether or not to add "in the red" if after hours PA, or the next AS PA continues the retrace. {image}
AUDUSD Short Trade Closed:

Manually closed for a loss of 9.7 pips average, 29.2 total.

After the initial entry, I added two. I have decided to close the trade due to signs the MMs are pushing up the price for better shorting. And with another AUD high impact release coming soon after the LS opens, the price might be whipped & whacked by the Robber Banks in an effort to create liquidity for them to increase their short positions. On the chance that might happen, and all things considered, it seems best to take a loss here.

Right now this is turning into a pre-LS long setup.
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  • #77,587
  • Nov 17, 2014 7:26pm Nov 17, 2014 7:26pm
AUDUSD Long Trade Open:

M15 Classic, pre-LS entry.

I just closed my short trade for a loss. Signs are the bears are in control, pushing up prices ahead of the coming AUD high impact release. And now PA has formed a Classic long setup in the AS. I am developing the skill to be flexible, to reverse when the MMs reverse, but from one Classic setup to an opposite Classic setup,....not by guessing at tops and bottoms.

If the MMs are indeed bears that are manipulating the price higher to coax in longs so they can build short at ever higher prices, there is no telling where this pump might end. The timing of the end might be the coming AUD high impact release. So, my TP is tentative. If price proceeds strongly towards it before the release, I might raise it in anticipation of the move going higher before it ends. Meanwhile, DR1 seems a reasonable choice. The SL is set below the previous low in the PA wave being traded, which should also be reasonable if the MMs are right now focused on pumping up the price to coax in longs.
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  • #77,588
  • Nov 17, 2014 7:39pm Nov 17, 2014 7:39pm
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  • #77,589
  • Edited 8:24pm Nov 17, 2014 7:48pm | Edited 8:24pm
Quoting SaiLyfee
{image}
Why Not a Proud Team Member?

SaiLyfee,

Are you a Sonicer?

You use the indicators the Sonic R. System has given to you, but you have removed the "SonicR" logo from our Access Panel on your charts. Why? I should think you would be a member of the Sonic R. Team, proud to be one and proud to let others know about this thread!

At any time there can be one to eight times the number of Sonicers viewing this thread: other traders reading and learning in the background, some that are simply curious because they see our posts on the FF Home Page, and some that are parasites looking for trade signals. And there are some that have taken our freely provided indicators, removed our logo as you have done, and started their own threads without giving the credit due this thread. So, all manner of folks see what is posted here, either by being here or seeing the posts on the FF Home Page. I should think that anyone who is a Sonicer would be proud to display our logo on their charts for others to see, as reinforcement of what the true source is of what they see on some other threads, and where they can come if they are good folks in need of help to become more successful.

Don't you agree?

-tah

P.S: As for your trade, it looks like this has changed to a Classic long setup. Also, it looks like the pushes up have move activity than those down, which would be bullilsh, don't you think?
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  • #77,590
  • Nov 17, 2014 8:18pm Nov 17, 2014 8:18pm
Support around 0.9828 region on 1hr Chart....

M5 Classic Setup with SL at 0.98250
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  • #77,591
  • Edited 8:46pm Nov 17, 2014 8:32pm | Edited 8:46pm
Quoting erelation
Support around 0.9828 region on 1hr Chart.... M5 Classic Setup with SL at 0.98250 {image} {image}
erelation,

I do not believe you have made the commitment to be a Sonicer. That is okay, of course. It is your decision to make, and might come later. Meanwhile, I see you are actively posting on other threads, and using other templates to do so. So, I wonder why you post here?

It is okay if you do, but you must abide in our etiquette for posting, as laid out in Post #1. You mentioned a SL. Are you posting a trade, or just commenting on how you see things? If you are posting a trade, please do so by using our Sonic R. Trade Levels indicator and editing your post to show the chart displaying your trade in that manner. Thank you.

-tah
  • #77,592
  • Nov 17, 2014 10:43pm Nov 17, 2014 10:43pm
Hi traderathome,

Thanks for reminder on the rules for posting a trade. I will take note of it for my future posting.
For this trade, it was stop out.

Currently still thinking to understand how TMS and Sonic works as have tested some trade but didn't do well....
It is time to be back to study the manual....

Cheers....
erelation
  • #77,593
  • Nov 17, 2014 10:50pm Nov 17, 2014 10:50pm
Ep1: A story of overtrading before hours

entered a gold trade at 1186, see it breaking up at 1189, hit pending order of 1189.07 which is 3x of initial position, SL set to BE for all trades ebfore it reversing on me due to lack of volume. All profits from last week sacrifised, from overleverage, over lot size and a general greed.

I am back in on a 0.10 position, thinking of riding it out. This costed me 12.5% of account. painful mistake that I'll bear in mind.

-tjinhean
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  • #77,594
  • Nov 17, 2014 11:40pm Nov 17, 2014 11:40pm
Without overtrading before LO this could have been pure profit. Lesson learnt though.

edit: breaking out of 1192-1194 region could allow us to see 1210-1228 again... my TP is at 1214. locked my trade in BE.
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  • #77,595
  • Nov 17, 2014 11:43pm Nov 17, 2014 11:43pm
Quoting traderathome
AUDUSD Long Trade Open: M15 Classic, pre-LS entry. I just closed my short trade for a loss. Signs are the bears are in control, pushing up prices ahead of the coming AUD high impact release. And now PA has formed a Classic long setup in the AS. I am developing the skill to be flexible, to reverse when the MMs reverse, but from one Classic setup to an opposite Classic setup,....not by guessing at tops and bottoms. If the MMs are indeed bears that are manipulating the price higher to coax in longs so they can build short at ever higher prices, there...
AUDUSD Long Trade Closed:

Manually closed for gain of 4.1 pips average, 12.2 pips total. Everything just went flat, and the release is looming ahead with no way to know how it will go.
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  • #77,596
  • Nov 17, 2014 11:58pm Nov 17, 2014 11:58pm
EUR pairs breakout be4 LS. and there is big events coming hours l8r. keep calm and see what will going on.
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  • #77,597
  • Nov 18, 2014 12:01am Nov 18, 2014 12:01am
EG Buy Limit:

Daily Support @ 0.7968 & Classic

Buy Limit @ 0.797 SL 0.7958 TP 1:2

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  • #77,598
  • Nov 18, 2014 12:49am Nov 18, 2014 12:49am
Hello , being here and there i didn't find any thing suit me only the wave and sonicR classic setup .

tah you are doing great .

G/U : classic wave setup , waiting for activation
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Wave-Setup
  • #77,599
  • Nov 18, 2014 1:10am Nov 18, 2014 1:10am
Closed gold trade for 128.2 pips... I'm glad this worked out.

edit: thanks TAH for your guidance...
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  • #77,600
  • Nov 18, 2014 1:11am Nov 18, 2014 1:11am
Quoting gene3
Hello , being here and there i didn't find any thing suit me only the wave and sonicR classic setup . tah you are doing great . G/U : classic wave setup , waiting for activation {image}
Careful with this, not only news, but the time of the year is ripe. We could surely see very erratic move.
Don't blame the tools. Blame the carpenter.
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