Sonic R. System

Quoting Rafa1234321

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Is this a classic forming in the aususd??? MM's made the price hit previous lows and hit DS in 4 bars, their volume are pretty high making some sort of a mountain. Stopping price with the 4th candle having a smaller volume than the one before (noticed that the 3rd and 4th candle have big lower shadows/wick). From then on the price went till mr1 now down to dragon {image}

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Quoting traderathome

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USDCAD So, I wonder if this marvelously bearish run down from above the upper whole number (PVSRA: where MMs prefer to build short) has attracted lots and lots and lots of short traders for the thieving MMs to stop hunt tomorrow? Will they stop hunt shorts tomorrow? Well, why wouldn't they? After all, it would enable the MMs to add to their own short positions before running the price lower. Of course, we cannot know how the MMs will move price. Maybe tomorrow they will decide on a genuine bull run and take the price higher than the Day chart highs made Friday. But, it seems that due to just how high those highs are, and that the Day chart is a Double Top at those extreme highs, that this is a good time to whack it! And if the Robber Banks have decided that is what they are going to do, then it makes sense they put on a bear run today to suck in shorts for stop hunting tomorrow. {image}

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Quoting traderathome

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{quote} USDCAD Yes. The presumed stop hunt of shorts and the sucking in of longs - liquidity creation for the MM's shorting - seems to be well underway ahead of the coming USD and CAD releases. Perhaps the big players have decided to up the anti and go for larger short positions with additional sell orders placed above the upper whole number? {image}

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Quoting traderathome

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{quote} AUDUSD: Classic? Is it the LS? Is there a proper PA wave that is bullish and crossing up thru Dragon? Is the Dragon angled up well? Is PA above Dragon (even better if also above Trend)? Are notable volumes during PA waves (and prior) in support of bullish move? It might not, but if price falls again below half number that should be a good entry long, unless something else happens to change the picture. -tah

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Quoting traderathome

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USDJPY Speculative Comment The Robber Bank MMs might be planning a Bear run for profits. Why? I see some signs of the bear..... 1. quite a lot of activity early last week between the upper half Level and the whole Level above it, possibly lots of closing of longs and opening of shorts 2. since then it looks like the MMs have kept price in the range from that half Level to the lower whole Level, with most of the notable volume in the upper part 3. love the spike down and back up,.....just right move by MMs to convince longs into the market....liquidity...

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Quoting forexn00b

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EURUSD scout short opened. Price pushed back to whole number several times, MM accumulated shorts in that area, double top formed again. {image} Time will tell if I was right or not. Regards FN edit: TP at RDL, SL at RDH

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Quoting traderathome

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{quote} "....practically guarantees a profitable Classic long trade!" Part of good trading is having a "feel" for the market. Part of it is understanding that good Classic trade opportunities arise that are counter to the overall assessment of the market. For example, MMs might be assessed as bears that are pushing up price to get liquidity for shorting from longs coming into the market and from stopping out shorts already in the market. And while the MMs are pushing up price we can be blessed with a Classic long setup. The same in reverse, of course....

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