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Sonic R. System

  • #77,781
  • Nov 26, 2014 5:15pm Nov 26, 2014 5:15pm
Quoting traderathome
xxxJPY Pairs: .....If so, this could mean the AS will ramp up the prices for themselves also. -tah
GBPJPY:

Studying the PA, it looks like the AS MMs will ramp the price up as I earlier suspected they might. First, they torpedoed the price - stop hunting longs, deceiving shorts - to get the price low. Now they have been working the price in the half number area after quickly getting it down there. This is likely the closing of the shorts it took to manipulate the price down there, and the ongoing accumulation of long orders ahead of the bounce back up, after which short building resumes. All speculative, but how I see the current PA.
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  • #77,782
  • Edited 5:41pm Nov 26, 2014 5:21pm | Edited 5:41pm
GBPJPY Long Trade Open:

Scout entries based on the previous post. No TP/SL at this time, though the upper whole number looks like a convenient close in target.

I suspect the move down was manipulated by the Robber Bank MMs to stop out longs, and so they could accumulate more long orders at the half number area. I suspect the price will bounce back up, eventually, because these moves are really all about getting the price higher for the resumption of short building,....but the down/up sequence is being manufactured by the AS MMs to make more profits once they push the price back up. If the price does bounce back up, other traders will be saying, "See? I knew this was going higher!" and will jump in long,....just what these Robber Bank MMs will want, so they can use all the incoming long orders to close their longs at profit and build short. Pure speculation, of course.
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  • #77,783
  • Nov 26, 2014 5:38pm Nov 26, 2014 5:38pm
USDYEN trade closed for 19.4pips average, 139pips total

seems slightly bullish, and I was slightly concerned about Thanksgiving ahead and with the smaller MMs whipping prices back and forth it would be more prudent to take whatever profit this has got and leg it. Rather disappointed that this did not exactly pan out... could have been so much more
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  • #77,784
  • Nov 26, 2014 6:04pm Nov 26, 2014 6:04pm
USDJPY Long Trade Open:

Scout entries. No TP/SL at this time.

This is based on notable volumes below half number as PA forms a "base". Tomorrow is a USA bank holiday, so the other MMs will have less resistance to pushing up the price from the US MMs (just in case that is not what the US MMs want at this time). I suspect any upside move will only be to get the price back higher to resume short building.
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  • #77,785
  • Edited 7:10pm Nov 26, 2014 6:52pm | Edited 7:10pm
Quoting wccmcd
{quote} Okay. so it means even the MM doesn't know which direction to go -- it all depends on the amount of orders in queue. If there are more long orders, they go short; and if there are more short orders in queue, they will go long. But if this is true, how do they manipulate the price direction? Do they have a plan, or they don't, just float with the order wave？
wccmcd,

Enough with these questions! This stuff has been commented on over and over again, and I am not about to keep repeating it. If you really want to get involved here, I suggest you read the thread. Use the thread search/key words feature. Maybe it will help. You are on your own with this because I do not have the time to repeatedly go into it with the details discussed in the past. Do your own homework.

Besides, how is the knowledge you ask for going to change the way you trade? Do you see anything in the Sonic R. System rules governing Classic setups that have to do with knowing how the MMs blow their noses and carry off their schemes? They do it. And that is all you really need to understand to protect yourself in this market.

-tah
  • #77,786
  • Nov 26, 2014 7:42pm Nov 26, 2014 7:42pm
EURUSD:

Sonicers,

Note the EUR high impact in just under 4 hours. Note that yesterday the US MMs poured on the coals and rammed the price up above the whole number - where they prefer to build short - ahead of taking today off as a bank holiday. Could they have loaded up with shorts above the whole number knowing they would not be around today to do so? And will the other MMs today do a whip n' whack in conjunction with the release?

All interesting ideas. In any case, this might be one to watch for a classic short setup.
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  • #77,787
  • Nov 26, 2014 8:08pm Nov 26, 2014 8:08pm
JPY:

The AS MMs have extended their normal range in the whacking of these pairs. And with very notable volume at the lows they are obtaining. This is actually looking quite bullish and auspicious for classic long setups to come!
  • #77,788
  • Nov 27, 2014 12:15am Nov 27, 2014 12:15am
Quoting traderathome
{quote} AUDUSD and AUDJPY: I could be wrong about this but I am looking for both to be resurrected. Many months ago the RBA proclaimed desire for AUDUSD prices near 0.8400, and as would have it, traders all figured it to become so. Meanwhile, the MMs manipulated prices to make money against these traders. Later, then broke, the traders gave up thinking about it. Then the MMs started the price down to the 0.8400 area, which it just reached this week! Not surprisingly, several days before that, RBA proclaimed the pricing was low enough when it reached...
I had 3 positions for this pair AU ( 2 still open ), it went up for a while now. Time to take some money from the market, and reopen if it whips lower.

Partial close for + 131 pips

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same for AJ

Partial Close + 94 pips

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  • #77,789
  • Nov 27, 2014 12:23am Nov 27, 2014 12:23am
Quoting tjinhean
USDYEN trade closed for 19.4pips average, 139pips total seems slightly bullish, and I was slightly concerned about Thanksgiving ahead and with the smaller MMs whipping prices back and forth it would be more prudent to take whatever profit this has got and leg it. Rather disappointed that this did not exactly pan out... could have been so much more {image}
Good job, nice trade.
  • #77,790
  • Nov 27, 2014 1:26am Nov 27, 2014 1:26am
Quoting xiaotiao
{quote} Thanks Tah for your advice, I will be extra careful when trading non-classic trades in future and I will try to trade more Classic than Scout . Really appreciates your help. Thanks again. XT EURUSD, Classic Long opened, light position, as now is not in LS anymore. {image}

EURUSD Long Trade closed. 76 pips gained.
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Trading is not easy
  • #77,791
  • Nov 27, 2014 1:30am Nov 27, 2014 1:30am
Looks like a nice classic on GJ
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  • #77,792
  • Nov 27, 2014 1:44am Nov 27, 2014 1:44am
Quoting nairda2011
Looks like a nice classic on GJ {image}
Same for NU, pre-classic:

Sell limit at whole number, SL @ daily resistance TP 1:2, move SL to BE after 25-30 pips

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  • #77,793
  • Nov 27, 2014 2:19am Nov 27, 2014 2:19am
Quoting forexTN14
{quote} Same for NU, pre-classic: Sell limit at whole number, SL @ daily resistance TP 1:2, move SL to BE after 25-30 pips {image}
mmmm......I don't know about NU
the dragon is above the trend ..but we will see
  • #77,794
  • Nov 27, 2014 3:54am Nov 27, 2014 3:54am
sonicers

please tell me a bout (half number )
  • #77,795
  • Nov 27, 2014 4:45am Nov 27, 2014 4:45am
[quote=ahhamidz;7903893]sonicers please tell me a bout (half number )[/quote

Example: eu/us 1.2485.....half number 1.2450, quarter number...1.2425 and 1.2475 full number... 1.2400 or 1.2500... ok?
  • #77,796
  • Nov 27, 2014 5:21am Nov 27, 2014 5:21am
"GBPUSD Long Trade Closed:
Closed for gain of 110.1 pips average, 440.2 pips total." -Traderathome

Nice trade.

Two questions, if I may:

1) Were you babysitting your trade; is that why you took profit when you did?

2) If you weren't babysitting, why did you set that Take Profit level as opposed to the RDH?

In either case if it was based on experience or gut feeling sensing the market, more power to you. If it was based on something else I'd appreciate your sharing your logic.

Thank you.
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  • #77,797
  • Nov 27, 2014 5:27am Nov 27, 2014 5:27am
[quote=mel3;7903998]
Quoting ahhamidz
sonicers please tell me a bout (half number )[/quote Example: eu/us 1.2485.....half number 1.2450, quarter number...1.2425 and 1.2475 full number... 1.2400 or 1.2500... ok?
mel3

ok . Thank you
  • #77,798
  • Nov 27, 2014 5:54am Nov 27, 2014 5:54am
Quoting alydar2
"GBPUSD Long Trade Closed: Closed for gain of 110.1 pips average, 440.2 pips total." -Traderathome Nice trade. Two questions, if I may: 1) Were you babysitting your trade; is that why you took profit when you did? 2) If you weren't babysitting, why did you set that Take Profit level as opposed to the RDH? In either case if it was based on experience or gut feeling sensing the market, more power to you. If it was based on something else I'd appreciate your sharing your logic. Thank you. {image}
Lean the importance of whole numbers. RDH was not that far below a whole number. I figured if the MMs pushed the price to RDH, they would probably go the rest of the way to the whole number.
  • #77,799
  • Nov 27, 2014 6:09am Nov 27, 2014 6:09am
Quoting ahhamidz
{quote} hi tah please tell me a bout (half number )
Quoting traderathome
{quote} Read my signature.
Quoting ahhamidz
sonicers please tell me a bout (half number )
Quoting mel3
Example: eu/us 1.2485.....half number 1.2450, quarter number...1.2425 and 1.2475 full number... 1.2400 or 1.2500... ok?
Quoting mel3
{quote} mel3 ok . Thank you
ahhamidz,

What kind of questions are these? You have not done your Post #1 Homework!

You can see my reply to the first time you asked such a question! Did you do your Homework? No! And now you ask again! If you do your Homework and if you bother to catch up on reading the recent thread, you would know the answer to such questions!

Okay, here is the game plan. The next time you ask such a basic question here, anything at all that hints at you not having done your work, your posting privilege will be cancelled. We are not babysitters. We do not spoon feed. We have already gone to much effort to compile and present all the essential information to be available thru the most logical method - Post #1! - and so if you are incapable of following instructions, or refuse to do so, you will no longer be here.

-tah
  • #77,800
  • Edited 6:32am Nov 27, 2014 6:17am | Edited 6:32am
Quoting mel3
Example: eu/us 1.2485.....half number 1.2450, quarter number...1.2425 and 1.2475 full number... 1.2400 or 1.2500... ok?
mel3,

Please wake up to what we are trying to accomplish here. The proper reply would have been to direct this person to Post #1. Heck, if anyone is even reading the thread they should very quickly run into so many references to the Levels that they would get the idea! How many times a week to I post that there is no S&R that is more "key" than whole and half numbers? Huh?! If someone cannot understand from such a simple statement that is so often repeated, then they have no business attempting to undertake trading!

You'd be doing them a favor by just keeping your mouth shut.

There are some folks that are too lazy to sift thru information to find what they want. And there are some that think they are better than others and should not have to undertake anything even slightly laborious. We cater to neither here. Okay? We have done already more than an adequate job of packaging the essentials and putting them at the front door step for all to come and pick up. If they refuse to lift the package,.....to hell with them! Got it?

-tah
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