Sonic R. System

GBPUSD Uniquely Bullish, Continued

Sonicers,

This just gets better and better!....more bullish and more bullish! When the Robber Banks finally do finish their deceiving and thieving on this one, the bull swing should be a good one, imho.

I dont like those kind of posts, it s like a nothing, just a kind of showing off. Its not an opinion, its not an analysis, its not a signal help / setup for other trader.

Its just a nothing, what u want to show us with that ? u show u win 1k ?

sry for my opinion but i think we can improve the quality of the thread.

USDCAD Comment

Sonicers,

Yes, that is exactly what the Robber Banks were doing!

If you ask me, this is becoming more and more bearish each time the Robber Banks whip it back above the half number. A nice sucking in of shorts - followed by stop hunting them - finishes the US session today. More USD and CAD releases coming. Looks like these thieves are out to steal everything but the kitchen sink before they send it south.

AUDUSD Comment

Sonicers,

And what happened next?

Yes, the MMs ran the price up. As it now appears, however, this was done only to again suck in longs, because immediately following the MMs put on a stop hunt of longs that brought the price back down, and even a bit lower. This pair continues to demonstrate signs of the bull, yet the MMs are keeping downwards pressure on it following every bullish move,.....suck in longs, stop them out - liquidity theft - and all the while coax in shorts for additional instant liquidity for getting even more of their long orders filled.

What now? Well, we cannot ever know how these Robber Banks will manipulate price next, but at this stage - with a whole number as well as RWL not far below - why not wait for these thieves to go for them before doing anything more? Once there, they might continue price on down to RDL. There are still USD releases coming, so there is no need to rush this. And this last whack job involved the highest volume in over two months! Think about that!

Corrupted Markets Run by Robber Banks

Why do I refer to the market making banks as Robber Banks or Robber Bank MMs? Why do I frequently use the words "corrupt" and "thieves" when referring to them. It is for a very straightforward and simple reason.

When a trader assesses the likelihood of a certain event and takes a position in anticipation of that event coming to pass, it is a genuine and honest trade. If the event happens the trader is rewarded with profit. If the event does not come out as anticipated the trader most likely is facing increased losses until the trade is closed.

On the other hand, when a "price moving force" runs the market and sees all the pending orders - pending orders to open positions and pending orders to close positions - and can thereby assess the potential for profits by first manipulating the price in one direction and then in the other, and then does so for the sole reason of stealing other peoples money because they have the ability to do so, well.......this is corrupt and dishonest. It is not real trading. It is price manipulation. It is legalized theft.

Yes, it has been this way since laws were established for the operation of markets. Of course, these Robber Banks, or more appropriately their predecessors, are the ones that wrote the laws by which they operate their markets. Does the fact that things have always been this way make it less corrupt? No.

Yes, such moves provide volatility to the market. Volatility is something the Robber Banks and their "Talking Heads" are quick to point out is an advantage to everyone in the market. But they lie and deceive when they talk about volatility. There is volatility traders benefit from when a real event occurs and traders respond. These are price moves traders can anticipate and get in on. The volatility created by the thieving Robber Banks suddenly manipulating price - sometimes locking out limit orders while doing so - is volatility that virtually only the Robber Banks substantially benefit from! And intentionally so! It is not the result of real trading by real traders. It is the result of sudden price manipulation by the MMs that see a way to make a quick killing by virtue of the way orders exist on the queue. It is theft by the "House", made perfectly legal by "House Rules". It is dishonest and corrupt.

And so, those that do this are dishonest and corrupt. The names I assign to them are well and rightly earned by them.

-tah

NZDJPY Long Trade Closed:

Closed for gain of 70.1 pips average, 2,455 pips total.

I anticipate this will continue higher. However, with JPY releases coming in the last AS this week, there exists the possibility the MMs will continue to manipulate prices before we see clear direction. I have decided to take profit here and wait to see if the MMs will whack it again.

EURCAD Long Trade Open:

This is a Scout entry based on the notably high volume whacking to RWL yesterday. This looks to me like a stop hunt of long because this has not recently been trending down long enough to have many shorts to close, but it has been trending up long enough for there to be many, many longs to stop hunt. No hard TP/SL at this time.

GBP/USD OPEN TRADE / CLOSED 70pips gain
Scout entry at the lows due to increased volume, also it was double bottom

GBPAUD Long Trade Closed:

Closed for gain of 42.6 pips average, 213.1 pips total.

Scout entries based on the notably high volume whacking

Comments are Welcome !

UJ Short Open:

I see a kind of double top @M15 & Dragon is turning down, Classic seems to be in construction

short UJ @118.52

Stalled out above the dragon and trendline with low volume suggesting demand is weakening.

trendline still above dragon base line.

My GU View..






https://www.tradingview.com/u/SonicDeejay





Sonic

NZDUSD Long Trade Open:

M15 Classic setup entries.

Yesterday it got whacked on incredibly high volume. The volume picture today looks bullish. No hard TP/SL at this time.

AUDUSD Long Trade Open:

M15 setup retrace entry.

This too was whacked yesterday on awesome volume, and today the volume is bullish, imho. No hard TP/SL at this time.

NZD/CAD Classic entry
Exited manually at what I thought was a buying climax

AUDUSD
Started long trade building. PVSRA

USDCAD Comment

In this business one can only speculate. Today we have two notable upthrusts of price immediately followed by position building (consolidation). IMHO, this is a sign of a very bearish retrace. And yesterday the MMs executed what was probably a humongous stop hunt of shorts- suck 'em in, stop 'em out! The MMs may very well be finally getting ready to pull the rug out from under this one.

EURUSD Long Trade Open:

M5 Classic setup.

Today the US MMs repeatedly whacked it, but even on notable volumes the price has shown a stable basing area. I speculate it means that pending genuine buying orders are keeping the price from dropping further (bullish), instead of simply the MMs supporting the price while loading up with shorts (bearish).

In no way does this mean that the MMs cannot force the price down further. They can, especially if over time all the genuine buying orders are absorbed or enabled by fools submitting short orders. Once the cost of driving down thru a lesser volume of pending long orders enables the MMs to achieve greater future profits by loading up with longs at a lower price, the MMs could, and probably would manipulate the price lower to capture more long orders. IMHO such a move would present a Scout long opportunity.

Time will tell, and most likely tomorrow unless the MM initiate sneak "pushes for profit" in after hours today (less likely). No hard TP/SL at this time.

awesome book sonic !
thanks for sharing .

EURGBP
Short trade entered +added second position.
PVSRA