Sonic R. System

Market Maker Tricksters

When you see a tall bar on the 1 minute chart, with super high relative volume, how do you know at what price that volume was mostly at?

Take a look at this 1 minute chart at two different brokers. One shows continuity of price move over the minute. The other shows an extreme gap at the minute, with all the volume for that minute at high prices. One chart might be misleading. The chart with the gap means that the MMs used their price queue to start off the minute by pegging the price much higher, which they could do if the intervening price levels were void of pending orders. But, it is possible that there were two different market making banks, each facing a different situation here, one capable of gaping the price and the other not due to having to execute intervening pending orders.

And what does it mean? Gap or not gap, it most likely means the MMs rushed price to highs to close longs.

The Secret to Success

"P.S :TAH may know the secret how to survive on the market.:nerd:" - BatmanJr

It is the tale of the tortoise and the hare. I have been saying for years that there are advantages to trading very light relative to account size. It is the slow way to victory. And victory is achieved because no matter what situation you find yourself in - whether your own fault or not - there are options available to deal with it that are not available if your account is suddenly stripped of any further trading clout.

All successful business persons know the truth of this statement, "It takes money to make money." The most experienced and successful business persons know the truth of this statement, "It takes money to turn losses into profits." and that any business at some time or another, for whatever reason, can experience losses.

-tah

EURUSD,.....Geez!


A good question now is, ......which move was the stop hunt, the move down or the move up?

EURUSD Long Trade Closed:

Closed for gain of 0.9 pips. Well, I am not waiting around to see which move - up or down - was the stop hunt. It is Friday and getting late in the LS. There will be plenty of time next week to look at this one agaiin with a fresh viewpoint.

EURUSD: short trade opened. Mms again push price up to load more own shorts

Scalping the top of the range under the 3/4 number. The move up supported well by the Dollar Index.

Why I Pay No Attention to Dollar Index,...Just the Chart I Am Trading! (And I sometimes don't pay attention to that. )

If the EU move up is supported by Dollar Index, it means Dollar Index says USD has weakened. So, if that is the case, why did UJ also go up?

The Dollar Index is unreliable, as proven by the fact that when it is changing, some equities might move with it and some might move against it. There is absolutely no more reliable source of information than the actual chart of the specific equity being traded. Anything else,.....Dollar Index, "news", Talking Heads,....is all subject to high suspicion. Do you want to know what is really going on with what you are trading? JUST LOOK AT THE CHART!

The fact of the matter is that the Dollar Index is determined by market pricing. Market pricing is determined by the Robber Bank MMs. So, in the end, the Dollar Index only reflects how the MMs are pricing things. In other words, the Dollar Index is nothing more than the prostitute of the pimping Robber Banks,...saying what they tell it to say!

And you want to put faith in what the strung out a prostitute says, that is going to tell an entirely different story after it gets it's next fix from it's pimp?


-tah

Closed GU, +54.5, have things to do can't wait for target.

With that, done for the week and Stay Green My Friends!

This is why I lost faith in fundamental analysis as a trade strategy early on, simply put, the MM's do what they want with the price. Yesterday I was cautious of the USD unemployment claims, guess what...MM's jumped the price an hour before, with no significant movement after news.

I agree with trade the trade the chart. Not sure about the exact ratios but the EUR is around 55% and the Yen is 10% of the index value. So the question I have to ask myself is: does looking at the Dollar index chart help me in trading? Since the index is weighted with the EUR it is really just another EURUSD chart. So it probably won't help me trade the EUR. Using the index to help trade the other pairs seems useless as well since their portion of the index is small and will be overpowered by the EUR.

Thank you for making me think about this!

.......and Stay Green My Friends!
http://www.forexfactory.com/attachme...1&d=1424452039

The last time I was "Green" was when smoking a cigar! .......

PVSRA EURUSD: Perhaps bear MMs will push price higher. On what price there will be reverse nobody knows exactly. But one thing that we know - "it is good to trade opposite trend, but it is not good to trade opposite MMs". So if gap up will appear next monday, it is good chance for us to load more shorts...

EURUSD and EURJPY

Yes.

And take a look at both EU and EJ on H4 charts. Both are definitely bearish, meaning both the Dragon and Trend are turning down. In one case, the Dragon is already below the Trend. In the other, the Dragon is now crossing down thru the Trend. So, anything that happens early next week that looks bullish should be viewed with some healthy suspicion, and taken into strong account should a Classic short setup come later.

Edit: BTW, even as I was posting this, the MMs rammed both upwards in after hours trading, which we know is a perfect time for these thieving Robber Banks to manipulate prices to steal from others,....and not have to share! And these moves look like stop hunts of shorts.

EURUSD: Add scout short trades...MMs simply do that they want. There are no any!(high/low) releases according sush movement

EURUSD: close 3 short positions on the H1 resistance level 1.14. There was lower lows and lower volumes today, nice long classic and dragon cross the trend. Now i start to add longs on M15. I'm holding 4 long positions on H1.

HAHA . Just when through a glance on the thread and made a entry point and was a easy successfull . something better what I had .

Good work and makes good scene and this system is ahead of mine .

Good work sonic.

Janfx,

This thread is not a bulletin board. If you wish to keep your posting privilege here, do your Post #1 homework before posting again. "No pic., no post!" - sonicdeejay

EURUSD Short Trade Open/Close:

Closed for gain of 19 pips average, 4,556 pips total. An after hours Scout raid as the Robber Bankers were out stealing shorts from others..

GBPUSD Short Trade Open/Close:

Closed for gain of 7.8 pips average, 780 pips total. Another after hours Scout raid as the Robber Bankers were out stealing shorts from others.

There is the Market, There is You and There is Your Trading Method.....

How does the market really work "it's" pricing magic? What are your beliefs about this? What assumptions about this is your trading method making?

These are somewhat "fundamental" questions, don't you think? If we take on a trading method because it assumes market pricing is done the same way we believe it to be done,.....and if we are wrong in our beliefs, will it be any wonder that we struggle? Does it not seem that the core issue here is to first understand how the market really works? Is it even possible to understand how the market really works? And if we are able to understand how the market really works, what if we discover that the market really works in a totally unpredictable manner?

Think about this carefully. If the market really works in a predictable manner, then why do most all traders lose their money? And with the myriad of trading methods, why do so few of the followers of so many of these methods actually sustain increasing profits long term? Is there really a "method" that beats the market?

Or, is it that some traders - no matter what method they latched onto - survive long enough to develop "instincts" about the market, which they perhaps unconsciously apply along with their method? Is it such instincts, or the trading method, that alerts the profitable traders as to the "current" nature of the market and what to be on the lookout for as regards a trading opportunity?

As to the core issue, we need to remember that when we refer to the "market" we are referring to the entities that have absolute authority over pricing and total control of price movements. These are the big market making banks that are interlocked to share data and to work in unison so that they act as one market overseeing entity. These are the banks that create a currency market that is open for trading! These banks make money by filling orders. They also make money via their own trading. To fill orders, the banks must move price to where there are the orders that represent the most commissions to be made. Knowing where they are going to move price means they can build a position beforehand and make profit on that coming price move. These are the two ways these market making banks make their money. Making this money is the reason they created a currency market that can be traded by others.

Understanding this, the next question becomes how can we know which direction and how far are these banks going to move price in order make commissions filling orders, and to make profits on the position they have taken ahead of executing this price move? The answer is we can't. It is that simple. First, who knows but these banks where are those particular orders that they want to go fill? Who but these banks know the timing of when they will make the price move there, to force traders to start trading in that new price area so these banks can then further manipulate prices up and down in that new area to capture the liquidity to fill those orders? Who, but these banks, know these things?

We traders cannot know how price will move next, nor when trends will reverse. The most we can rely on are price movement situations that more often than not are backed by momentum. That is a mouthful, but the key is momentum. At certain times, when price moves in certain ways, the likelihood is that momentum will carry the price a distance that can be traded profitably, be the distance short or long.

The instincts of seasoned traders might alert to such price movement situations that consciously or unconsciously the seasoned trader has come to associate with momentum. But a trading system also can be based on setups involving momentum.

Such is the Sonic R. System, a trading system based on setups involving momentum, so that any trader - seasoned or not - can be successful, can learn to be more successful by better and better application of the trading system, as they also come to understand how the market really works.

-tah