EURJPY Classic Short closed, 145 pips gained.
Trading is not easy
Sonic R.evolution 95 replies
The System Behind the System, by Merlin Jeffries 16 replies
Old School Sonic System + Other Things 11 replies
Knife system, Vegas 4h system related questions. 4 replies
Would you trade this system? New system #2. 10 replies
DislikedThe Market vs The Sonic R. System The title implies an adversarial relationship between the market and Sonikers. Indeed, this is the case. The market is all about creating liquidity so orders can be processed by the market makers (the Robber Banks/MMs). The MMs control price. They have total authority over which direction price moves once orders are completed at any level. They, more than anyone else, know the future of price direction, because they are the ones that have total authority and control over driving the price in either direction. The...Ignored
DislikedUSDCAD Price Manipulation, Insider Trading, and SEC Sucking up to the "Thieves of Wall Street" Big resistance and big activity,.....ain't going to make it, though, except for maybe a head fake. It was just the bear MMs pushing up price to suck in longs and stop out shorts before the CAD high impact release,.....which they already knew the content of. There is no law against "insider trading" in the currency market. Per recent court rulings exonerating a major hedge fund, there really has never been one in the stock market either! Too bad they found...Ignored
DislikedUSDCAD15M I got out at the 50% fib line. Can someone tell me my entry was correct as a sonicer? i am still learning! {image}Ignored
DislikedUSDJPY What can we make of the price action today? Well, there was quite a lot of selling early in the day. Of course, the MMs first whipped the price up to a whole number area before starting the sell-off. That could mean the MMs were sucking in longs, and triggering pending long orders on the price queue, to get the liquidity they needed to build short. After this initial sell-off, the MMs began working the price back upwards, and with a lot of up/down price action in the process - mini whips and whacks - which is what can happen if they are building...Ignored
DislikedUSDCAD15M I got out at the 50% fib line. Can someone tell me my entry was correct as a sonicer? i am still learning! {image}Ignored
DislikedThe Market vs The Sonic R. System The title implies an adversarial relationship between the market and Sonikers. Indeed, this is the case. The market is all about creating liquidity so orders can be processed by the market makers (the Robber Banks/MMs). The MMs control price. They have total authority over which direction price moves once orders are completed at any level. They, more than anyone else, know the future of price direction, because they are the ones that have total authority and control over driving the price in either direction. The...Ignored
DislikedSonic R. System Example On M15 GBPJPY shows a series of bearish PA waves crossing Dragon. We need steep Dragon angle and for price to breakout previous significant highs or lows. As you can see, the Dragon does have steep angle already so early in the London session. Price went down to a very significant previous high and retraced. A breakout of this support is key.... ......and meanwhile, the MMs might go to work whipping and whacking to create liquidity. Do we want to be involved in that? Or do we want to wait? The day is still very young, with...Ignored
DislikedHey good day to all? How often these treads are updated? Just subscribe to this system. Not sure how it works here. Can someone update me pleaseIgnored