Sonic R. System

USDCAD Alert!

MMs pushing it up ahead of multiple CAD high impact releases coming today! This could be a liquidity creation drive north, with the liquidity being obtained by stopping out shorts and sucking in longs, and resulting in a higher price range for the filling of SM short orders.....

EURUSD : Cut red

USDCAD Alert Update:

The first CAD high impact release is about a half hour past now. The MMs seem to have stopped the push up with price lingering now in the half Level area. This might be part of a fake out of shorts that are coming in, to be followed by another leg up in conjunction with the rest of the CAD releases that are coming. Such another leg up would continue the liquidity creation drive north, continuing to stop out shorts - even the new ones now coming into the market - as well as sucking in more longs. It isn't to be over until the "Fat Lady Sings", meaning these deceiving and thieving MMs are probably not finished.

On the DAY chart, price has retraced only about 38% of the maximum of the range. This is very bearish. But, even if there is more upside to come as the MMs work to fill SM short orders placed at various higher prices, this will still be very bearish, even if the MMs take price to the upper whole Level/RDH area.

Remember too, from price history, these Robber Bank MMs can whip or whack (or both) the price hundreds of pips in a single day if there is profit for them in doing so. So, in that light, and with the week still young, this liquidity drive north might not be bound by the upper whole Level/RDH area. This ranging on the DAY chart could end up with a "Spring" that takes price quite high again. We cannot know how the MMs will move price next. But we can get a "read" on what they are about.

One thing is certain, with as high as the price is relative to price history, as shown on the MONTH chart below, it behooves these deceiving and thieving MMs to do all they can to suck into the market new, additional money on this baby, ........money so the MMs can fill the short orders of SM and fill their own short orders as well.

PVSRA and Patience,
tah

Another one on USDJPY , very risky in the heat of the news , but still quite obvious one to , look and the dragon&trend contraction ,the textbook anticipated move
+ 142 pips

NZDUSD, NZDJPY PVSRA Alert!

In less than 30 minutes there is a NZD high impact release. Meanwhile, today the MMs have pushed up prices to/above key Levels........

tah

Closed small green, FED's Bullard had a funny talk..

GBPJPY Short Trade Open/Close:

Closed for gain of 33.4 pips average, 1,669 pips total gain.

Thank you very much that is very kind of you. I see is very important to take very low risk maybe with microlots.

EURUSD : Scout short trade added

EURUSD : Cut red

this is my first post , i am learning sonicr from last year and still learning.
my AU long entry, tried many demo now time for live account
hope i do right if i wrong please correct me
and thank you sonicdeejay , traderathome and others sonicrs to make nice system like holigrail

Price has passed the whole number level in UC so I've shorted, I have 3 EP with 10pips in betweeen. In H4 I can see the break of the whole number clear.

Any opinions on this one ???

Thanks !

Important Reminder!

Gals and Guys,

If you have not done so, please read Post #1, because a number of you are not posting full size charts, and for closed trades a number of you are not showing the closed trade PL label.

This is an instructional thread. Every post must be carefully made so as to not leave out any detail important for others to grasp the entire situation quickly and easily. Failure to do so is cause to be banned from this thread because it would indicate you think more of your posts than you do that others might benefit from them.

A post can be edited to be revised to include a proper chart picture within 24 hours of the original posting,.....for any that are considerate enough to want to do so.

Thank you for your cooperation.

Sincerely,
-tah

Recap of today's trades. 5/5 profitable

EURUSD +219
USDJPY +187
GBPJPY +251
NZDJPY +210

EURGBP classic short trade

Traded before the news, seemed a classic entry. Bad timing, closed in green, almost perfect exit before the pump. With todays ups and downs I think I was lucky that closed the day in profit.




All CAD pairs swinged 100+ pips today, EUR pairs also went crazy. Today I saw how the "smart money" really manipulates the market. When I saw GBPCAD pumped up 160 pips, wanted to enter scout short, but I was not confident about the news coming out for CAD. After that I realized how the MMs pumped the price up to dump it down, taking double profit in a few hours. First, ranging the price, entering longs, letting the price go up before news, then kicking it south. 160 pips up, then 350!!!!! pips down. In a half day. Too bad I wasnt confident and didnt enter that short scout.

Nevermind, today is green again.

FN

The MMs seems to me bulish on USDCHF, so trying to scout entry for the first time, we ll see what happens

The power of simplicity. Yes, really true.... I just simplify my mind when I enter my EP. Count the RISK. Jump after the stop hunt when dragon angle down.... and....boommm 14.73%

Market Observations & Questions

Gals and Guys,

Regarding the xxxUSD pairs, they have all been getting pushed up. We start now the last two, and important days of the trading week. If you look at the DAY charts for these pairs you will see that although they have been pushed up, the pushes have been confined to existing ranges. Looking at things that way, the pushes up are less significant. What might be significant is that GBPUSD has been pushed up highest, past RWH, so it might be the best candidate to consider for a short, should the right opportunity present itself. There are multiple USD high impact releases this day session, so what would be the reason for MMs in the Asian session to continue yesterday's push up before these releases? To get the price to where SM has placed their "close longs" orders? We cannot know,......but there are two GBP high impact releases on Friday. So, there is enough time for the MMs to process SM "close longs" and "open shorts" ahead of those GBP releases,......and do not much at all regarding the coming USD releases. That should confuse the hell out of traders when the USD releases come today and nothing happens, don't you think? Or, get them to thinking GBPUSD is more bullish than they thought?

On the other side of the coin, USDCAD has been soundly pushed down past RWL. With a DAY candle spread yesterday of almost 300 pips, maybe the bear run for profits has already started?

Edit: What with the spike in the aussie, AU and AJ are prime candidates for shorting should a proper setup come. These need time for MMs to close SM longs and open their shorts. Today might be ranging. Possibly Friday, too. So, unless Friday gives surprise plummets, this week might be over already.

-tah

Nice long and closed 20% in AUD/USD

Superb trades denmas!