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Sonic R. System

  • #78,061
  • Edited 6:59pm Dec 15, 2014 4:40pm | Edited 6:59pm
Quoting traderathome
USDCAD Comment Sonicers, The US MMs have been continuously active on this pair in after hours, maintaining trading levels similar to the first half of the LS! This is extremely significant! And also, because they have pushed the price above the half number to do this remarkable after hours volume of trading, there can be no doubt what the MMs are up to here, imho. This is a very clear PVSRA indication that the Robber Banks are accumulating short orders. and because they are doing this now, in after hours today, it could mean a bear swing starts...
I totally agree with TAH, look at monthly TF, TMA 200 hit first time In few years, so load up on first sign of reversal.

Update: entered fist scout - planning 2-3 more.
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There is no spoon....
  • #78,062
  • Dec 15, 2014 9:42pm Dec 15, 2014 9:42pm
AUDUSD Comment

Sonicers, here is one of those special PA waves,.....leg #3 not a higher low, but a lower low, but......that low was below a key SR level!
And that dip down is quite well illustrated with our template to be a clear PVSRA indication the MMs are bulls.
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  • #78,063
  • Edited 10:22pm Dec 15, 2014 10:04pm | Edited 10:22pm
NZDJPY Long Trade Open:

Scout entries open this trade which is based on sudden very, very high activity after the MMs whacked price below the whole number (M1 shown) and a Double Bottom (M15 not shown). My guess is we will get a Classic long setup on this one sometime today. No hard TP/SL at this time.
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  • #78,064
  • Dec 15, 2014 11:07pm Dec 15, 2014 11:07pm
Quoting traderathome
{quote} {quote} {quote} {quote} Trade Execution Sonicers, Gupito1508 has contributed greatly to this thread. What follows is really his work. I have only attempted to simplify and summarize. We all owe a debt of gratitude to Gupito1508 for his presence on this thread and his generous heart. He has knowledge that could help every trader. The following is a summary of this topic as discussed in the referenced previous posts. Proper "Trade Execution" is perhaps the most critical aspect of all in trading. So, what does it mean and how is it done properly...
Yes prof... You describe my intention in easier word... Trully, I saw so many trader, hope their position is correct. They forget that from the beginning, it's losser. They do not have exit plan, do not anticipate the "what if?" factor. Sonic R system will be completed, if, trader also being taught how to deal with the accident too. The other system only taught about the positive result of the system, but no one taught us "how to deal with a losser position?" Yes, I approve it to be linked in post#1. It will be cool to see the other trader that struggle will develop to be better. Trading is a nasty bussiness. It's a wild west, with so many trap inside.

Regards,
-GP-
It's all started from page one
  • #78,065
  • Dec 16, 2014 12:38am Dec 16, 2014 12:38am
NZDUSD Comment

Sonicers,

This one is shaping into a Classic long setup. However, the Dragon is still a bit flat and it is still before the LS. And it is often best to wait until after the LS has gotten underway before assessing a setup.

But in this case we have some interesting positives for a Classic long. First, there is the whacking on notable volume earlier in this AS, which is a PVSRA indication of bulls. Secondly, there is the confluence of PVT with the half number with the anticipated breakout EP zone of a Classic long setup!

Still, it is good to not jump in too early, especially if this looks exceptionally good. For that very reason the LS MMs might whack this again to create liquidity to get more of their own long orders filled. And, with almost seven hours until both NZD and USD high impact releases, this might just get whipped and whacked on a small scale (ranging) until then.

So, the point here is to recognize the bullishness that is creeping in, but to not get excited and jump into the frying pan!
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  • #78,066
  • Dec 16, 2014 12:39am Dec 16, 2014 12:39am
sorry.. i'm new to sonic system and trying to learn it..... would it be wrong to take a scout trade here?

1) we see decreasing sell volume..
2) we were taken below the full number on higher volume, and subsequently taken below half number on lower volume

according to gupito's pdf.. this should be long positions accumulation by MMs ?
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  • #78,067
  • Edited 2:55am Dec 16, 2014 12:58am | Edited 2:55am
Quoting belgeran
sorry.. i'm new to sonic system and trying to learn it..... would it be wrong to take a scout trade here? 1) we see decreasing sell volume.. 2) we were taken below the full number on higher volume, and subsequently taken below half number on lower volume according to gupito's pdf.. this should be long positions accumulation by MMs ? {image}
AUDJPY

belgeran and All Sonicers,

Would it be wrong? You have to decide, but some things should be thought about:

1. While there might be decreasing "sell" volume, is there sufficiently increased "buy" volume in the most recent PA? If not, the MMs might cycle up and then deeper down, etc. to wipe out weak hand longs.

2. There was a minor spike in volume when the MMs pushed price below the half number. This is bullish. But it does not mean that the MMs won't take the price back below the half number again, deeper below later.

3. What you have latched onto is a clue, not an entry trigger device. It is best to have PA itself demonstrate bullishness with some PA waves, even if not yet near the Dragon.

And so ultimately, if you are not going to await a Classic setup, you must decide if and when to open a trade using Scouts. Personally, I think this is bullish. But I am also wary of the price going up before the US session and then the US MMs soundly whacking it - maybe even lower - to create liquidity for their own long orders.

You already tried to pick a low, went long, and later closed the long at a loss. We want to avoid doing this. Whether a Classic or Scout entry, we cannot keep the MMs from moving the price against us. What we can do is have more than just one or two things favoring the trade, so that if suddenly the price does move against it, there is increased chance the move is just a liquidity creation move, which in time will be seen as confirmation of the trade.

-tah
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Edit: So, about two hours later we see that the MMs whacked the price. And could it happen again in the US session? We need more than just one or two reasons to decide to enter a trade. With a Classic setup several are built in: PA wave, Dragon angle, a little bit of volume, etc. But with a naked Scout trade entry, based on just a presumed high or low,.....presumed because of high volume, well......that is not enough!
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  • #78,068
  • Dec 16, 2014 3:56am Dec 16, 2014 3:56am
GBPUSD
I opened a long position and i did not set a SL, because i was anticipating a stop hunt by MMs. I was correct !
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'Simplicity is the ultimate sophistication'
  • #78,069
  • Dec 16, 2014 4:15am Dec 16, 2014 4:15am
NU Buy limit:

MMs move price below half number and accumulate long entries.

I am going to put a buy limit @50-61 % Fib Level. The first close was a mistake, should have let it run, i press the wrong pair.

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  • #78,070
  • Dec 16, 2014 9:35am Dec 16, 2014 9:35am
ahh i see, thanks tah for the detailed analysis! noted i should always wait for a classic set up.

i took another trade, this one turned out better.

1st position:
taken on the view lower high was made, dragon looks as if its turning.
on hindsight, the dragon just slightly tilted towards 3-4 o clock, which could have just been sideways market.

2nd position:
this is probably a bad scout at the point of entry. taken in view that the low of the consolidation may have turned resistance.
on hindsight, the initial entry was in losses and this is risky scout, and dragon looks to be turning back towards 2-3, could still be sideways, but could turn back up as well.

3rd position:
entered after pullback. this is probably considered my best entry?
dragon is tilted downwards now, initial entries are green

now waiting for the dragon to cross the 89ema for a 4th entry if possible

appreciate your comments on my entries and feedbacks on anything that i may have done wrong or could consider better?
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  • #78,071
  • Dec 16, 2014 11:41am Dec 16, 2014 11:41am
Quoting belgeran
ahh i see, thanks tah for the detailed analysis! noted i should always wait for a classic set up. i took another trade, this one turned out better. 1st position: taken on the view lower high was made, dragon looks as if its turning. on hindsight, the dragon just slightly tilted towards 3-4 o clock, which could have just been sideways market. 2nd position: this is probably a bad scout at the point of entry. taken in view that the low of the consolidation may have turned resistance. on hindsight, the initial entry was in losses and this is risky scout,...
USDCAD

belgeran,

You decided it was bearish.....

1st entry was before LS.
2nd entry was Scout on whip, wrong side of Dragon and in anticipation of this being a "high".
3rd entry was proper. It might be the lowest of the three, but it is in a sense the best entry of the three. You see, the US session can - and often does - involve retraces caused by the US MMs trying to create liquidity to enter the same trade direction. Sometimes the completion of such a retrace results in the creation of a whole new setup. And when that happens, an entry to this setup can be followed by a trade with little to no draw downs.

The lesson here is to put a damper on trying to get a jump on things by entering before the LS. Also, it is often best to wait a few hours into the LS before considering a trade. But, we cannot know how the MMs will move price. That is a given. So, once the LS starts, we all make up our own minds based on what we see on the charts. And by trading light relative to account size, if we enter too soon and get involved in a retrace of our trade, we at least have the options to fold, hold, or add. The point being, the more time we give ourselves to assess the environment in which a Classic setup is forming, the more confidence we might get in that setup. And if the setup is destined to result in a good run, we really do not need to be "Johnny on the spot" and hastily act on the first signs of the earliest setups in the day, or even in the LS.
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  • #78,072
  • Edited 12:33pm Dec 16, 2014 12:11pm | Edited 12:33pm
"Liquidity Creation", the Robber Bank's Term for It's Legalized Stealing

Take a look at the up/down price action today. Well, first, lets set the stage up......

.......Coming into today there were signs of the bulls across all of the JPY pairs. For many traders it was just a question of when the bull swing would start. Now, look how the Robber Bank MMs dealt with this reality.

First, during the early AS, they gently moved the price lower towards the lower whole number. Such a move in an environment where a lot of traders were getting itchy bullish, would start to suck in long orders as the price drifted lower. Then the MMs maneuvered it below the whole number. Gee, a lot of traders waiting for just the right time to place their long orders were caught by this move! And as the MMs then started moving the price back up into the LS open, even more traders became convinced and placed their long orders. So, what did these Robber Bank MMs do next?

Stop Hunt longs (probably AS MMs)! Then start moving the price back up so that longs became convinced "the worst is over" and again placed long orders. So, what did these Robber Bank MMs do next?

Stop Hunt longs (probably LS MMs)! Then start moving the price back up so that longs became convinced "the worst is over" and again placed long orders. So, what did these Robber Bank MMs do next?

Stop Hunt longs (probably US MMs)! Then start moving the price back up for a third time!

Lessons
1. A trader cannot "wait until they hit the stops". They might not even try, but if they do try then they might try more than once!
2. It is best to await a proper Classic setup, and enter light so that if your trade gets hit by such price manipulation as this, you have options:...to fold, hold, or add!
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  • #78,073
  • Edited 8:38pm Dec 16, 2014 6:22pm | Edited 8:38pm
Quoting traderathome
GBPUSD: Uniquely Bullish Sonicers, There are multiple GBP high impact releases coming within 24 hours. Look at this H4 chart. It is clear that the MMs have repeatedly whacked the price below the half number - and even further on a number of those occasions to below the lower whole number - on notable volume while keeping the price ranging. We know that when the MMs range price it can be a sign they are doing so to facilitate the closing of a finished position (in this case, shorts) and the opening of a new position (in this case, longs). These multiple GBP high impact releases might be what they plan as a "trigger" to start a bull swing. We simply cannot know how these Robber Banks will manipulate price, but this is worth keeping an eye on. {image}

GBPUSD Uniquely Bullish, Continued

Sonicers,

Again, this picture of the pair ranging, ranging at the bottom of a bear swing - and the bottom of a lot more! (check out your Day chart) - ranging for a month, ranging for the reason the Robber Banks range price,....which is to create numerous occasions to deceive and thieve.....

....and note the additional multiple GBP and USD high impact releases coming today,.....NINE OF THEM (see FF Calendar)!.....
....and note that two days ago these Robber Banks whacked the price....
....and note that following that whacking they did a shit load of trading at the lows....
....and note that yesterday the Robber Banks spent buying the price back up....
....and note that the buying was on even heavier volume than the buying at the previous lows!

Okay. So, as conjectured in the linked post, the Robber Banks have made a bull swing up in the range. Now the big question is will the Robber Banks continue the bull swing out of the range that will later be seen as the start of a true reversal off of a month long Wyckoff Accumulation Phase? And if they do continue the bull swing, will it be preceded by a another Stop Hunt of longs?
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  • #78,074
  • Dec 16, 2014 10:02pm Dec 16, 2014 10:02pm
many thanks tah for the analysis on usdcad. will try for better entries rather than jumping in.
  • #78,075
  • Edited 11:07am Dec 17, 2014 10:05am | Edited 11:07am
Quoting traderathome
{quote} GBPUSD Uniquely Bullish, Continued Sonicers, Again, this picture of the pair ranging, ranging at the bottom of a bear swing - and the bottom of a lot more! (check out your Day chart) - ranging for a month, ranging for the reason the Robber Banks range price,....which is to create numerous occasions to deceive and thieve..... ....and note the additional multiple GBP and USD high impact releases coming today,.....NINE OF THEM (see FF Calendar)!..... ....and note that two days ago these Robber Banks whacked the price.... ....and note that following...
GBPUSD Uniquely Bullish, Continued

Sonicers,

Well, there it is,.....that aforementioned possible Stop Hunt of longs is being done right now. And, with prices now lowered due to this Stop Hunt price manipulation by the Robber Banks, they can start enjoying again these lower prices for ongoing accumulation of long orders, until the FOMC high impact release or until there are no more stupid traders going short,...in which case if there is any ongoing buying by the Robber Banks before FOMC then it should cause the price to rise again before FOMC. But in that situation, the Robber Banks might just "tread water" with the price untl they are ready to ram the price upwards again.
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  • #78,076
  • Dec 17, 2014 11:13am Dec 17, 2014 11:13am
USDCAD Comment

This is interesting. While the MMs are working xxxUSD pairs down, and keeping them down ahead of FOMC, with this USDxxx pair they are not holding the price up. In fact, just the opposite. It looks like this is starting down early. Price has already broken LOD (Low of Day). Are the Robber Banks just sucking in shorts (right side traders) in order to stop hunt them one more time before the true drive down?
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  • #78,077
  • Edited 12:00pm Dec 17, 2014 11:44am | Edited 12:00pm
AUDUSD Comment

Sonicers,

I am really liking the looks of this one. Bullish, imho. Signs of the Bull continue to appear.

You see, the AS MMs are out of the picture now, before FOMC. But we can see that they prepared for FOMC in advance by driving the price low - a nice Stop Hunt of longs - and followed up with continued very heavy trading at the lows. Clearly bullish. We can see that the US MMs have also whacked it back down a bit. Now, just look at this consolidation activity! Consolidation? That's a term used by the "market" to sort of not reveal what is actually happening. What it really means is POSITION BUILDING by the Robber Bank MMs. Now, if the US MMs were building a short position, they'd have run the price upwards, not downwards, for final building ahead of FOMC,.....don't you think?

And "Yes!". After more longs come to the party another stop hunt of longs is possible, especially when dealing with the US Robber Bank MMs. Nobody puts on a good act of theft like they do.

Anyway, this is how I see it. I could be wrong, have been before.
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  • #78,078
  • Dec 17, 2014 11:54am Dec 17, 2014 11:54am
Quoting traderathome
{quote} GBPUSD Uniquely Bullish, Continued Sonicers, Well, there it is,.....that aforementioned possible Stop Hunt of longs is being done right now. And, with prices now lowered due to this Stop Hunt price manipulation by the Robber Banks, they can start enjoying again these lower prices for ongoing accumulation of long orders, until the FOMC high impact release or until there are no more stupid traders going short,...in which case if there is any ongoing buying by the Robber Banks before FOMC then it should cause the price to rise again before...
I like this chart, and i agree with you like book this chart. lets see the big move is coming.
Trading 24/h
  • #78,079
  • Dec 17, 2014 1:06pm Dec 17, 2014 1:06pm
Nothing to shoot ...

They might hold it back till yellen speaking ?
  • #78,080
  • Dec 17, 2014 3:32pm Dec 17, 2014 3:32pm
EURCAD Short Trade Closed:

Closed for Profit of about 183.7 pips average/total. This was for 1.2 lots = $1,018.35

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