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Sonic R. System

  • #78,421
  • Edited 12:06pm Jan 12, 2015 10:30am | Edited 12:06pm
AU long opened 5m classic and bounce from support. (late post got busy)

UPDATE: closed scalp small +3.6 expecting a run up at LC but didn't happen. (gotta leave)

Regards,
Cigarguy
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  • #78,422
  • Jan 12, 2015 3:56pm Jan 12, 2015 3:56pm
Quoting traderathome
{quote} EURUSD Long Trade Update: Added long Scout. Yes, I started with a SL. When I saw how the MMs suddenly whacked GU, I cancelled my SL on EU, because these moves down seem more like stop hunts of longs in preparations for opposite moves to come, then out right sell offs on the first day of a new week. The LS MMs gave no preparations for selling. But now the price is lower, which gives both the LS and US MMs better opportunities to accumulate longs in preparations for a move up. I do think this might go a bit lower, too. {image}
EURUSD Long Trade Closed:

Closed for gain of 20 pips average, 200.3 pips total. Down and back up. I can hear Gupito admonishing me, "See, if you had kept your SL, reversed your trade, you could have profited sooner, and maybe even a bit more!.
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  • #78,423
  • Jan 12, 2015 4:30pm Jan 12, 2015 4:30pm
Quoting traderathome
GBPUSD Long Trade Open: M15 classic setup re-entry. No TP, SL at this time. But a bull swing of 150ish pips might be reasonable (1.5250). {image}
GBPUSD Long Trade Closed:

Closed for gain of 17.5 pips average/total.
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  • #78,424
  • Jan 12, 2015 4:49pm Jan 12, 2015 4:49pm
Quoting traderathome
AUDUSD Long Trade Open: M5 classic setup. {image}
AUDUSD Long Trade Closed:

Closed for gain of 2 pips average/total.

I could speculate the run down yesterday was a stop hunt of longs, and that the price could cycle lower before the coming USD releases, which would be reason enough to just get out and wait.

What I do not have to speculate about is that the Dragon is angled down. So is the Trend. And price is below both. Very good reasons to close a long.
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  • #78,425
  • Jan 12, 2015 5:21pm Jan 12, 2015 5:21pm
USDJPY Long Trade Open:

M5 pre-LS classic. Very nice PA waves with supporting volume pattern.
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  • #78,426
  • Jan 12, 2015 5:54pm Jan 12, 2015 5:54pm
AUDUSD Short Trade Open:

M15 pre-LS classic. Good PA wave and exceptional volume agreement. If you look at your M1 chart you can see how the MMs supported the price just above the half number for a short time while they engaged in heavier trading, accumulating shorts.
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  • #78,427
  • Jan 13, 2015 2:18am Jan 13, 2015 2:18am
A question for professor TAH.

Is abaut to discerning when the price range and make volumen above or below a significant nummber? for example eu/us is preicing whith volume 30/40, is below half number 50 and possible positioning for longs or is above cuarter number 25 and is positioning for shorts? i can not discerning well, can you clear me ?

TY
  • #78,428
  • Jan 13, 2015 2:41am Jan 13, 2015 2:41am
Quoting mel3
A question for professor TAH. Is abaut to discerning when the price range and make volumen above or below a significant nummber? for example eu/us is preicing whith volume 30/40, is below half number 50 and possible positioning for longs or is above cuarter number 25 and is positioning for shorts? i can not discerning well, can you clear me ? TY
EURUSD

The earlier activity above the half number that was followed by the MMs ramming the price down real hard is what sets the tone for this pair, PVSRA = bears. Today the MMs have twice put the price back above that half number. Today, overall, it looks like the MMs are supporting the price mostly above the 1/4 level, with two trips above the half number, which continues to indicate the MMs are bears that are accumulating short orders, and they are keeping the price from falling too much while they do this, yet are keeping the range wide enough to deceive in longs in order to get the liquidity for shorting. This is how I see it.

-tah
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  • #78,429
  • Jan 13, 2015 2:50am Jan 13, 2015 2:50am
Quoting traderathome
{quote} EURUSD The earlier activity above the half number that was followed by the MMs ramming the price down real hard is what sets the tone for this pair, PVSRA = bears. Today the MMs have twice put the price back above that half number. Today, overall, it looks like the MMs are supporting the price mostly above the 1/4 level, with two trips above the half number, which continues to indicate the MMs are bears that are accumulating short orders, and they are keeping the price from falling too much while they do this, yet are keeping the range wide...
TY TAH

Regards
  • #78,430
  • Jan 13, 2015 3:26am Jan 13, 2015 3:26am
nzd/jpy short trade opened
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  • #78,431
  • Jan 13, 2015 3:29am Jan 13, 2015 3:29am
lzhcz - can you detail what type of trade this is and why you have opened it? i.e. classic, pvsra based?
  • #78,432
  • Jan 13, 2015 3:33am Jan 13, 2015 3:33am
JPY Pairs:

Sonikers,

Those of you shorting any of these pairs, please be careful. To me they look like the MMs might be pushing them to bottoms, i.e., the MMs could be setting them up for accumulation of longs!

-tah
  • #78,433
  • Edited 4:37am Jan 13, 2015 4:17am | Edited 4:37am
AU quick M5 scalp +5.4 to support. Late sloppy entry on pair weakness, but just saw the chart been........oh well!

Regards,
Cigarguy
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  • #78,434
  • Jan 13, 2015 4:32am Jan 13, 2015 4:32am
Quoting powellste
lzhcz - can you detail what type of trade this is and why you have opened it? i.e. classic, pvsra based?
in my oppinion ,it is a classic trade ,i did not show legs.
  • #78,435
  • Jan 13, 2015 4:43am Jan 13, 2015 4:43am
AUDUSD

Sonikers,

Price is at a critical level and is bearish. The US MMs might whip it up for accumulation of shorts (stop hunt shorts/suck in longs). However, overall this could be headed to RWL area, which would be a 150+ pips bear swing down. That is modest and reasonable. It could even go to the lower half number, a 200ish pips bear swing. Also reasonable.
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  • #78,436
  • Jan 13, 2015 5:17am Jan 13, 2015 5:17am
GBPJPY Long Trade Open/Close:

Closed for gain of 69.5 pips average, 208.6 pips total.

This was a Scout based trade, entirely based on the whacking and rebounding of JPY pairs, with the larger activity being at the lows more recently. This could go higher, but I decided to take profit and wait and see if there is a bear retrace to provide another opportunity for opening a new long trade, i.e., the US MMs might whack it.
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  • #78,437
  • Jan 13, 2015 5:37am Jan 13, 2015 5:37am
AU, M1 scalp +5.5 entered on break of last high, dragon and trend headed up with H1 & H4 candles green (trend) with notable volume. Probably more short term upside possible but closed near quarter number good for me!

Regards,
Cigarguy
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  • #78,438
  • Edited 6:32am Jan 13, 2015 6:18am | Edited 6:32am
Quoting traderathome
USDJPY Long Trade Open: M5 pre-LS classic. Very nice PA waves with supporting volume pattern. {image}
USDJPY Long Trade Closed:

Closed for gain of 40.9 pips average, 327 pips total gain.

When price challenged my SL area, I deleted the SL and looked to see what lows the MMs might be headed for. I added to the trade as the price came to previous lows. I added again when the MMs super-whacked the price below the whole number, which I took to mean they had just executed a stop hunt on longs. I have decided to close the trade here as the profit is good, and wait to see what the US MMs do with the price.
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  • #78,439
  • Edited 6:52am Jan 13, 2015 6:32am | Edited 6:52am
AU, M5 scalp +4.4 dragon headed up PA above quarter number and last high with H1 & H4 trend and closed at DO/resistance. +15.3 for today (lot of work for small pips but, it's what I do ) now waiting for NY and new money.....

Regards,
Cigarguy
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  • #78,440
  • Jan 13, 2015 7:20am Jan 13, 2015 7:20am
UJ, M5 +6.5 dragon headed down from pivot/resistance closed at DO with notable volume.

Regards,
Cigarguy
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