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Sonic R. System

  • #77,801
  • Edited 9:19am Nov 27, 2014 8:38am | Edited 9:19am
Quoting traderathome
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. {image}
USDJPY Long Trade Closed:

Closed for gain of 2.4 pips average, 17 pips total. US bank holiday and sluggish market. Dragon/Trend bearish and I went against it based on other considerations. I'm lucky to have any profit at all.
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  • #77,802
  • Nov 27, 2014 10:51am Nov 27, 2014 10:51am
gold SS entry, waiting for next classic entry or another lower SS entry.

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  • #77,803
  • Edited 12:42pm Nov 27, 2014 12:19pm | Edited 12:42pm
Quoting ryanwong
gold SS entry, waiting for next classic entry or another lower SS entry. {image}
The Big Sting (and the Banks Stink), Revisited

Gold:

The MMs were just shorting it from the half number down and driving it back up, twice today. Their quick closing of shorts at lows is why it looks like buying. Of course, I could be mistaken. This is incredibly bearish on all TFs except the lowest ones. The Robber Banks making the gold market are simply playing with the price - up/down cycles to deceive others and profit by doing so - on the long road south.

tah
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  • #77,804
  • Nov 27, 2014 12:31pm Nov 27, 2014 12:31pm
Quoting traderathome
{quote} Gold: MMs just shorting it from the half number down, twice today, closing shorts at lows - which is why it looks like buying - driving it back up, and shorting it down again,......of course, I could be mistaken.
prof tah, how could you differentiate closing shorts at lows OR buying at lows, it always confusing me, please explainthanks
Where do the Robber Bank MMs to placing their own bets on
  • #77,805
  • Nov 27, 2014 12:58pm Nov 27, 2014 12:58pm
im wait so long for next movement.. any advice?

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  • #77,806
  • Nov 27, 2014 1:00pm Nov 27, 2014 1:00pm
Quoting bubblo
{quote} prof tah, how could you differentiate closing shorts at lows OR buying at lows, it always confusing me, please explainthanks
The Big Sting (and the Banks Stink), Revisited

bubblo,

I am not sure I can explain it. My reasoning is this. Today being without the US trading due to the Thanksgiving US Bank Holiday, there is not nearly the liquidity of a normal day. Therefore, as the other MMs short the price down and seek to close those shorts, where is all the liquidity going to come from to enable them to both close shorts AND suddenly buy a large long position for the move back up? I figure most of the move back up was these thieves still trying to "buy to close" their shorts! The next move down was without so much volume as the first move down, which I figured was simply manipulation to get the price lower again so these thieves could accomplish the final closing of their shorts.

Now, I could be wrong about this, but lets face the facts. Gold is outrageously bearish on all but the lower TFs. Anyone who does not see this has their head up their ass! And today the Dragon/Trend continue lower, so the "down" part of the current "up/down" cycle on the long road south is probably about to happen. There may be some more shorting up here and next week price drops lower again. We just cannot know how the Robber Banks will manipulate the price,....especially on gold!
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  • #77,807
  • Edited 1:33pm Nov 27, 2014 1:22pm | Edited 1:33pm
Quoting mildse7en
im wait so long for next movement.. any advice? {image}
mildse7en,

Yes, please make your questions more specific.

From the chart you posted the price has been moving in both directions right along! What are you waiting for! Are you in a trade? Yes? No? What are you specifically looking for an answer to?

And the LS is over for the day.

-tah
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  • #77,808
  • Nov 27, 2014 1:54pm Nov 27, 2014 1:54pm
Quoting traderathome
{quote} mildse7en, Yes, please make your questions more specific. From the chart you posted the price has been moving in both directions right along! What are you waiting for! Are you in a trade? Yes? No? What are you specifically looking for an answer to? And the LS is over for the day. -tah {image}

Yes.. actually im very afraid to make next step when im compare h1/h4.... coz the dragon going to cross.. but anyway thanks for advice...
im very sory about my bad english..
  • #77,809
  • Nov 27, 2014 2:39pm Nov 27, 2014 2:39pm
Quoting traderathome
{quote} The Big Sting (and the Banks Stink), Revisited bubblo, I am not sure I can explain it. My reasoning is this. Today being without the US trading due to the Thanksgiving US Bank Holiday, there is not nearly the liquidity of a normal day. Therefore, as the other MMs short the price down and seek to close those shorts, where is all the liquidity going to come from to enable them to both close shorts AND suddenly buy a large long position for the move back up? I figure most of the move back up was these thieves still trying to "buy to close"...
thank you prof for your clearly answer & the way you thinking, I'm digesting..:nerd:
Where do the Robber Bank MMs to placing their own bets on
  • #77,810
  • Nov 27, 2014 9:48pm Nov 27, 2014 9:48pm
Quoting traderathome
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...
GBPJPY Long Trade Closed:

Closed for gain of 40 pips average, 319.6 pips total. The original post had the picture of the previously closed short trade, and the initial entries for this long trade.
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  • #77,811
  • Nov 27, 2014 11:53pm Nov 27, 2014 11:53pm
A typical day in DAX:

front running from 1 hour before the market opens, pinning starts at around "trend", scout shorts were sent from first two red bars, and closed at BE due to the overpowering upward trend, which triggered longs above the high of pre-market open movements. More explained in picture 1 and entries/exits are on the second picture.
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  • #77,812
  • Nov 28, 2014 12:05am Nov 28, 2014 12:05am
Quoting traderathome
{quote} Sonic R. System: Where Should Our Entries Be? Dear Sonicers, Please, take this seriously. You can see from Sonic's pic. that he made a Classic short entry and then he later added twice more while the trade was in the red. But you will also discover, if you carefully study your own charts, that he did so only after: (1) price had already made a tremendous run up, and (2) that there was PVSRA evidence that price was starting to move lower. Both of these entries followed higher "tops". He was not at all attempting to "pick tops". He was patiently...
Hi, Thank you for your system!

One problem found:

The news panel of your template is covering the right portion of the volume column, making the current volume invisible.

ignore me if it is already fixed.
  • #77,813
  • Nov 28, 2014 1:40am Nov 28, 2014 1:40am
Quoting selfoe
{quote} Hi, Thank you for your system! One problem found: The news panel of your template is covering the right portion of the volume column, making the current volume invisible. ignore me if it is already fixed.
selfoe,

It was never broken. Do your homework!

-tah
  • #77,814
  • Edited 1:53am Nov 28, 2014 1:43am | Edited 1:53am
EURUSD Long Trade Open:

M15 classic, pre-LS and on that "special" PA Wave, this one actually having two legs originating below key SR. Dragon just starting to angle up. Initial entry on first move up followed by two more as the MMs retraced the price. No TP/SL at this time.

You can go back and find the discussion about this wave earlier this week. Note in this case, aside from appearing as one of the mentioned waves, here the MMs also kept the price below the half number for a while, presumably to accumulate more long orders down there. We can't be sure how trading this type PA wave will work for us. We are covering new ground with this.
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  • #77,815
  • Nov 28, 2014 2:06am Nov 28, 2014 2:06am
Robber Bank MMs are Stop Hunting:

Extended moves down on EU and GU and up on UCad.
  • #77,816
  • Nov 28, 2014 2:08am Nov 28, 2014 2:08am
Long trade open on EUR/USD. See you soon.

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  • #77,817
  • Nov 28, 2014 2:13am Nov 28, 2014 2:13am
Quoting bagXpert
Long trade open on EUR/USD. See you soon. {image}
The Hourly chart doesn't look pretty guys... seem to bounce off Dragon with good volume. I'm waiting for a confirmation on reversal before going long
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  • #77,818
  • Nov 28, 2014 2:27am Nov 28, 2014 2:27am
Quoting tjinhean
{quote} The Hourly chart doesn't look pretty guys... seem to bounce off Dragon with good volume. I'm waiting for a confirmation on reversal before going long {image}
Yes, no bounce for the moment. We need to stand a sign... Maybe it is not a good day for TF 15m
To validate a bounce today, we need to reach the half number and to go directly to 1,2470
  • #77,819
  • Edited 3:51am Nov 28, 2014 2:41am | Edited 3:51am
Got absolutely knackered on Dax today. was expecting a break of 10000 instead got high volume rejected. Not the best day but this could indicate a showing of momentum towards the end of the week...

EDIT: inserted chart with no trade levels
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  • #77,820
  • Nov 28, 2014 2:53am Nov 28, 2014 2:53am
EURUSD:

MMs whacked it down to 1/4 level, also encompassing DS1 support level. The high activity after the whack job equates this to a stop hunt of longs, which means a bull swing could be coming. This is Friday, the last day of the week, so when might a bull swing get underway? Today? Next week? The Robber Bank MMs have the price below the half number, now and there is no telling how long they might hold the price down to facilitate their accumulation of long orders.
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