GBPUSD Long Trade Open/Close:
Closed for gain of 40.1 pips average, 200.5 pips total.
Closed for gain of 40.1 pips average, 200.5 pips total.
Attached Image (click to enlarge)
- #77,981
- Dec 10, 2014 9:56am Dec 10, 2014 9:56am
- Joined Mar 2008 | Status: PVSRA with Traderathome | 23,552 Posts
- #77,982
- Dec 10, 2014 10:01am Dec 10, 2014 10:01am
- Joined Mar 2008 | Status: PVSRA with Traderathome | 23,552 Posts
- #77,983
- Dec 10, 2014 10:08am Dec 10, 2014 10:08am
- Joined Mar 2008 | Status: PVSRA with Traderathome | 23,552 Posts
- #77,984
- Dec 10, 2014 11:20am Dec 10, 2014 11:20am
{quote} AUDJPY Long Trade Open: Scout entry without setup. This is based on the whacking the USA MMs just gave this which took price below a half number, below RDL and to DS1. And all the while the volume was increasing. This is a PVSRA indication of bulls. Are they buying to close shorts? ....to open longs? We cannot know, but the bear swing reached almost 300 pips with this last whacking, so the odds are a reversal to a future bull swing is underway. BTW, I had a separate account AJ long trade that stopped out for substantial loss, which I will...
Most of the times scout might work out but with only one trade like that ppl mostly destroy all the profit and maybe even the account if ppl trade it wrong.
The most important thing of the idea of manipulation is ( what I think ) - You just dont know when/how/how long MM will move price up and down.
- Any comments are welcome -
- #77,985
- Edited 1:07pm Dec 10, 2014 11:58am | Edited 1:07pm
- Joined Mar 2008 | Status: PVSRA with Traderathome | 23,552 Posts
- #77,986
- Edited 2:30pm Dec 10, 2014 2:18pm | Edited 2:30pm
- Joined Mar 2008 | Status: PVSRA with Traderathome | 23,552 Posts
- #77,987
- Dec 10, 2014 2:47pm Dec 10, 2014 2:47pm
- Joined Mar 2008 | Status: PVSRA with Traderathome | 23,552 Posts
AUDUSD Long Trade Open:
First a Scout when MMs took price below whole number at the start of after hours trading. This was based on the obvious series of higher lows following some basing below the half number yesterday. Then I added per Classic, now in after hours still, as price seems to be on the move up. The TP is tentative, but who knows?.....maybe the Robber Banks will take it up there.....a nice 250+ pips bull swing.
First a Scout when MMs took price below whole number at the start of after hours trading. This was based on the obvious series of higher lows following some basing below the half number yesterday. Then I added per Classic, now in after hours still, as price seems to be on the move up. The TP is tentative, but who knows?.....maybe the Robber Banks will take it up there.....a nice 250+ pips bull swing.
- #77,988
- Edited 3:37pm Dec 10, 2014 3:01pm | Edited 3:37pm
- Joined Mar 2008 | Status: PVSRA with Traderathome | 23,552 Posts
AUDJPY Comment: All Aboard!
Sonicers,
Here are two areas of obvious freakin' consolidation,....POSITION BUILDING! Just below and just above a whole number! Which the Robber Banks spent much of the day getting down to!
So, unless you believe these thieves spent the day whacking price just so they could load up on shorts down here, you have a good clue as to otherwise!
Check out M5. Is a Classic long setup forming, but in after hours? Whatever you do, however you decide when trading. I recommend you size small relative to your account size. The Robber Banks love to Stop Hunt. And we cannot ever know if they will, or if they are done. There are still more than three hours to go until the AUD high impact releases. So, yes, more stop hunting might be on the minds of the Robber Banks after giving more time for longs to commit between now and those releases. Stop Hunts can turn into opportunities for Scouts. Trading light gives a trade "Opportunity Power".
With so much time until the releases and with the chance for more stop hunting, price could again go below the whole number. Perhaps another, better Classic long setup will develop. We can never know how the MMs will move price. But there is no need to rush here.
BTW, regarding M5,......compare the volume at the lows of the LS to the volume at the lows in after hours trading! Quite remarkable when you consider nobody but the thieving MMs are doing much "trading" now!
Sonicers,
Here are two areas of obvious freakin' consolidation,....POSITION BUILDING! Just below and just above a whole number! Which the Robber Banks spent much of the day getting down to!
So, unless you believe these thieves spent the day whacking price just so they could load up on shorts down here, you have a good clue as to otherwise!
Check out M5. Is a Classic long setup forming, but in after hours? Whatever you do, however you decide when trading. I recommend you size small relative to your account size. The Robber Banks love to Stop Hunt. And we cannot ever know if they will, or if they are done. There are still more than three hours to go until the AUD high impact releases. So, yes, more stop hunting might be on the minds of the Robber Banks after giving more time for longs to commit between now and those releases. Stop Hunts can turn into opportunities for Scouts. Trading light gives a trade "Opportunity Power".
With so much time until the releases and with the chance for more stop hunting, price could again go below the whole number. Perhaps another, better Classic long setup will develop. We can never know how the MMs will move price. But there is no need to rush here.
BTW, regarding M5,......compare the volume at the lows of the LS to the volume at the lows in after hours trading! Quite remarkable when you consider nobody but the thieving MMs are doing much "trading" now!
- #77,993
- Edited 7:17pm Dec 10, 2014 6:32pm | Edited 7:17pm
- Joined Mar 2008 | Status: PVSRA with Traderathome | 23,552 Posts
It was few days ago and TAH posted it but maybe looking at AUDJPY (15M) it's good to remind that setup. I see it it as opportunity with nice ratio (SL:TP) {image} {image}
)As I already posted within the last 24 hours,............we cannot know if they will, or if they are done! Are we going to wait forever to see if it will happen? Once it happens, or twice it happens, are we going to be totally stupid and assume they are done doing it?
This is NOT good trading advice!
It assumes something will happen that might not! It also assumes that once it happens everything is fine from then on! Also as I just posted within the last 24 hours, stop hunting is the way these Robber Banks get their liquidity to build their positions. They previously move price to suck in right side traders. Then they stop hunt them. The stop hunt move hits the pending stops on some right side traders as well as hits the pending orders of wrong side traders. Both situations give these thieves the liquidity for filling their own right side orders! So, stop hunts are important. And they frequently happen. But to assume they will always happen and wait for one is crazy. And to wait for just one is just as crazy!
Summary
I was not the originator of that picture. The person that first posted that picture was not the originator, but was trying to help. And it did help in that it caused increased awareness of the stop hunt, which I and others posted on subsequently as our thoughts on it developed. But here you have my final thoughts on it. We should not necessarily wait for one nor assume there will be only one. To single out Stop Hunts as the "Secret" is making the same mistake as singling out sudden notable changes in volume as the "Secret". Both are important as clues in the overall picture. But that is all they are.
-tah
- #77,994
- Edited 8:22pm Dec 10, 2014 7:39pm | Edited 8:22pm
- Joined Mar 2008 | Status: PVSRA with Traderathome | 23,552 Posts
- #77,995
- Edited 8:17pm Dec 10, 2014 7:42pm | Edited 8:17pm
- Joined Mar 2008 | Status: PVSRA with Traderathome | 23,552 Posts
USDCAD Comment:
Sonicers,
Nicely bearish, imho.... Why? Try thinking this one out with the first picture, before you cheat and study below. 
Reasoning:
High volume when MMs spiked price above whole number (PVSRA). Bearish PA wave down from whole number. Price reaches half number, which is a good run down to suck in shorts Price retraces to local SR (yellow) - likely a stop hunt of shorts - which puts price back above the half number where the Robber Banks prefer to add to their short positions (PVSRA again)..... 
Sonicers,
Nicely bearish, imho....
Why? Try thinking this one out with the first picture, before you cheat and study below. Reasoning:
High volume when MMs spiked price above whole number (PVSRA). Bearish PA wave down from whole number. Price reaches half number, which is a good run down to suck in shorts Price retraces to local SR (yellow) - likely a stop hunt of shorts - which puts price back above the half number where the Robber Banks prefer to add to their short positions (PVSRA again).....
- #77,996
- Dec 10, 2014 8:26pm Dec 10, 2014 8:26pm
- | Joined Jul 2014 | Status: Sonic. R Supporter | 42 Posts
USD CAD Long trade. Comments welcome. Thanks. Edited, should be long trade, typo {image}
Agreed with TAH that its turning bearish and 1.15 proved to be a strong resistance.
In fact, there seems to be a classic entry (short) going on now, but i'm avoiding the Asia trading hours.
- #77,997
- Dec 10, 2014 8:30pm Dec 10, 2014 8:30pm
- Joined Mar 2008 | Status: PVSRA with Traderathome | 23,552 Posts
There's a clear buy signal for EURUSD which fit the description perfectly with Gupito's and Prof. TAH's guideline ! Wasn't brave enough to enter a buy trade .
I'm still looking to short EURUSD at this moment , however I don't think so it is a good moment to sell now .
Even though H1 TF shows decreasing buy volume and there's a pinbar on H4 TF , it is still not convincing enough as I didn't spot a good H - L - LH ~ pattern .
PS : I was on mobile phone so sorry for not posting picture
I'm still looking to short EURUSD at this moment , however I don't think so it is a good moment to sell now .
Even though H1 TF shows decreasing buy volume and there's a pinbar on H4 TF , it is still not convincing enough as I didn't spot a good H - L - LH ~ pattern .
PS : I was on mobile phone so sorry for not posting picture
