It seems be good. Above the half number this morning?Wait and see
- #77,822
- Nov 28, 2014 3:09am Nov 28, 2014 3:09am
- Joined Mar 2008 | Status: PVSRA with Traderathome | 23,552 Posts
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... {image}
On pairs like this where the Levels display is too tight (an option to help with this is in next release) why not just turn the "Levels" off?
-tah
- #77,823
- Nov 28, 2014 3:16am Nov 28, 2014 3:16am
- | Joined Mar 2013 | Status: My financial tool is forex | 82 Posts
MMs may be will down price to Wholenumber and make some spikes here. If MMs push to wholenumber and see spikes, I will enter.Maybe next week, EU will have a good move.
Keep learning until you die :-)
- #77,824
- Edited 3:49am Nov 28, 2014 3:35am | Edited 3:49am
{quote} tjinhean, On pairs like this where the Levels display is too tight (an option to help with this is in next release) why not just turn the "Levels" off?
In other news it's a volatile day for the DAX. We're seeing a retracement after a 100point dive of the Dax. Recovered my losses with a momentum trade along the big down move, cpupled with two Break-evens and one loss-making shorts. All in all a rather frustrating day with a lot of "what-could-have-beens". Seems like on the M1 chart it would be prident to take profits at the closest S&R levels.. Lesson learnt.
- #77,825
- Nov 28, 2014 3:45am Nov 28, 2014 3:45am
- Joined Mar 2008 | Status: PVSRA with Traderathome | 23,552 Posts
{quote} tjinhean, On pairs like this where the Levels display is too tight (an option to help with this is in next release) why not just turn the "Levels" off?
{quote} Left it on to show my entry and exits. I'm inserting an edit without my trade entry and exits. Was trying to depict the swiftness of the movement of price. In other news it's a volatile day for the DAX. We're seeing a retracement after a 100point dive of the Dax. Recovered my losses with a momentum trade along the big down move, cpupled with two Break-evens and one loss-making shorts. All in all a rather frustrating day with a lot of "what-could-have-beens". Seems like on the M1 chart it would be prident to take profits at the closest S&R...
I did not say to turn off the Trade Levels indy, but the "Levels" lines drawn by the Access Panel! Misunderstanding is what happens when Sonicers don't do their Homework! See, you didn't even know what indicator draws those bunched up Levels lines, nor that you could simply turn that feature off!
Shame on you. You need to go back to Post #1 and finish doing a proper job of your Homework.
-tah
- #77,826
- Nov 28, 2014 3:50am Nov 28, 2014 3:50am
{quote} {quote} tjinhean, I did not say to turn off the Trade Levels indy, but the "Levels" lines drawn by the Access Panel! Misunderstanding is what happens when Sonicers don't do their Homework! See, you didn't even know what indicator draws those bunched up Levels lines!
I'll go back to post #1 to read more about the trade levels indicator over the weekend. Much apologies, and edited appropriately
- #77,828
- Nov 28, 2014 4:01am Nov 28, 2014 4:01am
- Joined Mar 2008 | Status: PVSRA with Traderathome | 23,552 Posts
- #77,829
- Nov 28, 2014 6:02am Nov 28, 2014 6:02am
EURUSD: Sonicers, Take a look at both EU and GU. Both were whacked coming into the LS. These whackings were most likely stop hunts on longs, which means the MMs are bulls accumulating long orders. See that while both were whacked, EU was brought up and then whacked again. And EU is still low right now, while GU has been steadily moving up. Ask yourself the question, if EU is getting more Whack Attention, if EU is being kept low longer, then why? My guess, and because we cannot know how these Robber Bank MMs will move price next, is that EU will...
Where do the Robber Bank MMs to placing their own bets on
- #77,832
- Nov 28, 2014 10:08am Nov 28, 2014 10:08am
- Joined Mar 2008 | Status: PVSRA with Traderathome | 23,552 Posts
- #77,833
- Nov 28, 2014 10:10am Nov 28, 2014 10:10am
- Joined Mar 2008 | Status: PVSRA with Traderathome | 23,552 Posts
- #77,834
- Edited 11:55am Nov 28, 2014 11:18am | Edited 11:55am
- Joined Mar 2008 | Status: PVSRA with Traderathome | 23,552 Posts
EURUSD, General Market Comment, December Alert!
Sonicers,
Nobody does stop hunts better than the Robber Banks of the USofA! Is that what they just did as a grand finale for November?
As I see it, this has been kept in a range by intent for the month of November. When price ranges like this it is a great opportunity for the MMs to get traders to put their money into the market for the MMs to later steal. And the up/down PA is ideal to obscure any large position building by the MMs for longer range/bigger drives ahead. With December now facing us anything can happen, including nothing. It is a month when the Robber Banks close out a lot of positions for year end accounting. And that might be what they have been doing on this pair during November, too,....closing out shorts. Not rebuilding long either, just closing out shorts. December might be the same as November, just a time when the big Robber Banks trim down their outstanding positions ahead of the new year to come.
We never can know how the price will move next. We develop anticipations thru analysis of PA, volume and S&R (PVSRA), but we never can have certainty. My guess (and that is all that it is), is that the USofA Robber Banks did do a Stop Hunt of longs today. I am guessing this way because I see the logic in them closing out shorts. That is a "buyers" activity and stopping out longs creates the "sellers"activity required to achieve their closing of shorts. Are they building long? I have no idea. There is always the chance that the MMs might mount a December bull swing in order to get more longs into the market, but only to stop hunt them to create liquidity the MMs might be needing to finish closing shorts. Time will tell.
December is a month during which we Sonicers need to exercise greater caution. December can be fraught with whips, whacks, erradic volatility and volume, and the sudden advent of dead time that can leave traders on the wrong side of PA and stuck there at a loss. Lets be very careful when making any trade decisions. Perhaps keep in mind that it is better to be safe than sorry, especially in December.
-tah
Sonicers,
Nobody does stop hunts better than the Robber Banks of the USofA! Is that what they just did as a grand finale for November?
As I see it, this has been kept in a range by intent for the month of November. When price ranges like this it is a great opportunity for the MMs to get traders to put their money into the market for the MMs to later steal. And the up/down PA is ideal to obscure any large position building by the MMs for longer range/bigger drives ahead. With December now facing us anything can happen, including nothing. It is a month when the Robber Banks close out a lot of positions for year end accounting. And that might be what they have been doing on this pair during November, too,....closing out shorts. Not rebuilding long either, just closing out shorts. December might be the same as November, just a time when the big Robber Banks trim down their outstanding positions ahead of the new year to come.
We never can know how the price will move next. We develop anticipations thru analysis of PA, volume and S&R (PVSRA), but we never can have certainty. My guess (and that is all that it is), is that the USofA Robber Banks did do a Stop Hunt of longs today. I am guessing this way because I see the logic in them closing out shorts. That is a "buyers" activity and stopping out longs creates the "sellers"activity required to achieve their closing of shorts. Are they building long? I have no idea. There is always the chance that the MMs might mount a December bull swing in order to get more longs into the market, but only to stop hunt them to create liquidity the MMs might be needing to finish closing shorts. Time will tell.
December is a month during which we Sonicers need to exercise greater caution. December can be fraught with whips, whacks, erradic volatility and volume, and the sudden advent of dead time that can leave traders on the wrong side of PA and stuck there at a loss. Lets be very careful when making any trade decisions. Perhaps keep in mind that it is better to be safe than sorry, especially in December.
-tah
- #77,835
- Edited 12:56pm Nov 28, 2014 12:35pm | Edited 12:56pm
- Joined Mar 2008 | Status: PVSRA with Traderathome | 23,552 Posts
Early Christmas Present
Sonicers,
Take a look at NZDUSD. Let me bring your attention to analysis of volume. You will note that for each of the three highlighted PA periods activity first rises as price begins the descent to lows , followed by somewhat less activity at the lows, followed by a rise in activity as price comes back up off of the lows. Here is the explanation of what is happening.
The initial rise in activity is due to the MMs flooding the queue with sequentially lower prices of sufficient volume to force the price to start going down. The lower activity that follows is due to the MMs backing off of the power they are using to force the price lower. They have the price in the area they want it for their accumulation of long orders. After they suck dry the liquidity for filling their long orders they flood the queue with sequentially higher prices of sufficient volume to force the price to start going back up,....now building profit for themselves on their accumulated longs and coaxing other traders to see the market as "bullish" so they will also submit long orders which will add momentum to the upwards "Run for Profits" move.
This is all very bullish, of course. But this has been trending down. However, we now see a higher low with this activity! In this down channel, the last bull swing was 150+ pips. The next one might be also, and take price up and out of the down channel to land in the 0.8000 area. We cannot know how price will move next, but there are sound reasons here to anticipate another bull swing. And an upwards breakout of this down channel - manipulated by the MMs - is sure to get the attention of the market, with lots of traders submitting long orders which will serve to add upwards momentum to carry this next "Bull Run for Profits" perhaps to even more than 150+ pips! Maybe this next bull run will be 200+, or 250+, or even 300+ pips! A grand finale for the year end.
Reigning in the excitement here, we need to remember that as much as we might anticipate, we cannot have certainty about anything. All this is plausible, and a nice Christmas present these Robber Bank MMs might be planning for themselves. But we need to be very careful with our trading in December.
-tah
Sonicers,
Take a look at NZDUSD. Let me bring your attention to analysis of volume. You will note that for each of the three highlighted PA periods activity first rises as price begins the descent to lows , followed by somewhat less activity at the lows, followed by a rise in activity as price comes back up off of the lows. Here is the explanation of what is happening.
The initial rise in activity is due to the MMs flooding the queue with sequentially lower prices of sufficient volume to force the price to start going down. The lower activity that follows is due to the MMs backing off of the power they are using to force the price lower. They have the price in the area they want it for their accumulation of long orders. After they suck dry the liquidity for filling their long orders they flood the queue with sequentially higher prices of sufficient volume to force the price to start going back up,....now building profit for themselves on their accumulated longs and coaxing other traders to see the market as "bullish" so they will also submit long orders which will add momentum to the upwards "Run for Profits" move.
This is all very bullish, of course. But this has been trending down. However, we now see a higher low with this activity! In this down channel, the last bull swing was 150+ pips. The next one might be also, and take price up and out of the down channel to land in the 0.8000 area. We cannot know how price will move next, but there are sound reasons here to anticipate another bull swing. And an upwards breakout of this down channel - manipulated by the MMs - is sure to get the attention of the market, with lots of traders submitting long orders which will serve to add upwards momentum to carry this next "Bull Run for Profits" perhaps to even more than 150+ pips! Maybe this next bull run will be 200+, or 250+, or even 300+ pips! A grand finale for the year end.
Reigning in the excitement here, we need to remember that as much as we might anticipate, we cannot have certainty about anything. All this is plausible, and a nice Christmas present these Robber Bank MMs might be planning for themselves. But we need to be very careful with our trading in December.
-tah
- #77,836
- Nov 28, 2014 1:16pm Nov 28, 2014 1:16pm
- Joined Mar 2008 | Status: PVSRA with Traderathome | 23,552 Posts
{quote} 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.
As Sonic sometimes says, "Told cha!"......
....and this is just one of hundreds of itsy-bitsy profit making plays these the Robber Bank MMs that make the gold market will pull off on the long road south.
- #77,840
- Nov 29, 2014 5:42pm Nov 29, 2014 5:42pm
- Joined Nov 2013 | Status: Trading Chaos | 1,133 Posts
{quote} EURUSD Long Trade Closed: Closed for gain of 11.9 pips average, 118.8 pips total. {image}
Hey TAH, when can the rest of us Sonicers be provided with the new template that looks like this one?
Thanks in advance