Sonic R. System

NZDJPY Long Trade Open:

M15 setup re-entry as MMs bring price back down to support, actually taking price below whole number briefly. No TP, SL at this time.

Edit:

Closed for gain of 8.1 pips average/total.

EURUSD

The early LS MMs whacked price below the whole number on big volume. Of course, we know what that was about - Torpedo & Buy! - when the SNB cut their support floor for the euro. So the question is now what will the US MMs do? The US MMs are perhaps the greediest and most arrogant of all these thieving Robber Banks. Anybody wanna bet that after they give time for longs to get sucked in, they will execute a stop hunt on them by taking the price back below the whole number?

If they do, I might send in one of my scuba diving Scouts to grab some sunken treasure!

-tah

AU M5 scalp +33.5 entered on pullback and break of quarter number closed on candle wick/weakness.

Regards,
Cigarguy

GBPUSD Long Trade Open (Separate Account):

M5 setup in after hours. What is interesting here are the 100+ pips swings today. The AS started by pushing the price up, which looking back on it was to load up with shorts for the planned push down. That push down started in the AS and was completed in the early LS, where immediately the MM ran the price right back up, and further to above the upper half number. At the open of the US session the MMs whacked the price back down to the lower half number.

So, are the MMs bulls or bears, or both and just manipulating price up and down the queue today to make money? The bigger volumes today have been as price dropped to lows and bounced up, so in that regard it looks like the MMs are bulls, running price up and down the price queue but favoring the lower part of the price queue to do most of the trading. And those lows are the same as the lows from yesterday, before the run up at the end of yesterday. So, the first trip to the lows today might have been to close shorts obtained at the highs late yesterday. But the second trip to the lows today could more likely be for the re-accumulation longs ahead of another trip back up. And maybe further up.

Anyway, that is my take on it, and the reason for opening this long trade in after hours. Price could be cycled back down. We can never know how the MMs will move price. But to me, it does seem more bullish now. And if the MMs - maybe in the coming AS - lower the price some, it might be for more accumulation of longs, in which case if the volume supports this view then I might add to this long trade at that time. I do have another long trade running, currently in the red. No TP,SL on either trade at this time.

USDCAD: Laughing My Ass Off!

It looks like the thieving Robber Banks are still stuck with longs!

Look! The yesterday race downwards to get liquidity to close their longs wasn't enough! Now- ahead of the next round of USD high impact releases - they have pushed it right back up on light volume, trying to suck in more longs/stop out more shorts in order to obtain the liquidity they need to close more of their mother lovin' loser longs!

This is what makes them so dangerous to us. They are greedy and persistent price manipulators, going after profits by stealing from others, and minimizing their losses by passing them to others.

-tah

Told you guys..

GBPUSD Pyramiding
Only add after the initial position is green. The rule for "add" is simple. Treat it as the initial position. It means, the "addendum" can't suffer big drawdown too. If the addendum is rubbish, fold all. The second addendum must be smaller than initial position. Below is the example.
Regards,
-GP-



Edited : Today's trade, and I called it a day... Each pips that market given to you, have to be collected without fear being loss

Hello friends..

i have a question.. since yesterday all my chf pairs was frozen.
But today at the morning i was gbp/usd and eu/usd short, suddenly alpari closed my three trades (in loss) and now no trades enabled.
Have anyone same problem with alpari or other brokers?!

regards

Alpari has just declared insolvency....

http://www.alpari.com/company-news/p...t-announcement

Blanka & Forex Community

Unfortunately one of the reliable Brokers, Alpari (UK) has commenced insolvency proceedings as of this morning. It is regulated by the FCA in UK and your funds may be protected after they work out the losses.

In less then 24 hours following the SNB announcement, Alpari (UK) and Excel Markets (NZ) have cease trading.

IG Markets has loss about $45 million and FXCM about $225 million and is in big trouble.

I am afraid by Monday, do not be surprise of more casualties.

Sorry to all who have loss money on CHF pairs.

http://www.cnbc.com/id/102343957

The Currency Market's "Black Friday"

That might be how today will be referred to in the future. Due to the SNB removing their support of the euro, some brokers are having liquidity shortages possibly putting them at odds with regulations and some have announced insolvency! And while the currency market continues today to be manipulated by the Robber Bank MMs, retailers seem to be holed up in the fetal position.

-tah

omg... im trading at alpari uk and now they insolvency... i can withdraw my money ??? please tell me

The US Dollar continues to be strong, and my bearish bias confirmed with a classic entry:

Don't worry - you can, they are FCA regulated!

TAH.......PM answered and all is well

Regards,
Cigarguy

Entry was a bit late, but I caught some of the action. My manual trailing stop was hit, so didn't quite catch as much profit as had I used the MS2 as a profit target :

GBPJPY Long Trade Closed:

Closed for gain of 28.3 pips average, 113.3 pips total.

USDJPY Long Trade Closed:

Closed for gain of 27.3 pips average, 574.1 pips total gain.

TrendyTrade,

You are a good trader. This is the way it should be.

USDCAD

Well, the cruise liner for the South Seas will not be leaving port today due to all the passengers still being loaded on board. And most of these are upper class passengers, being berthed above the whole number deck! The trip will be something to see!

Just look at the price manipulation by these Robber Banks! They are closing the week having manipulated the price above both RWH and the RDH mark for the last day; perfect for what might turn out to be the accumulation of the last of their "High End" short orders.

-tah