Finished as a No Demand

Sonic R. System

Looks good to me

Sonic R. System

Hi, I don't think the price action will get that much further up, I don't think the SM need to, but yes I would first expect a fall to the 117.50 area, and then be looking for absorption high volume bar to break the neck line and measure the fall ...

Sonic R. System

My Take On EURUSD. There was a Buying Climax to the far left of the chart, which in turn has knocked the PA into a sideways phase of Distribution. The Distribution Phase as been pretty lengthy, indicating a larger move south, my target is 1.30 as ...

Sonic R. System

That is a possibility yes. I must add I am not saying anyone is right or wrong in this thread, its just my opinion, I don't like to preach, just what I see and how I view the market using VSA.

Sonic R. System

Seems to me the EURJPY is creating the right shoulder now with this price action which we know is a topping formation for a larger ride south. As TAH said yesterday its good to have healthy corrections, retraces and swings in price action. But this ...

Sonic R. System

Suppose time will tell, I play a longer game than you guys, so a move against me 100 pips doesn't hurt me. I brought the Eurjpy up right at the tops at 120.35, so still in profit but I hold a lot longer till 111.50ish area.

Sonic R. System

No its bearish, as up bars hold the weakness, remember SM can't sell into a down bar, have to sell into an up bar, look now at the price action on Eurjpy. Distribution as taken place in the following bar, shot up and come all way back down, did say ...

Sonic R. System

Beware euro longs !!! Some swift up and down spikes this morning all news manipulated. Spike down poor French numbers Spike up excellent German numbers But...... the last hour on the EURJPY confirms SM still short, it was an up bar on high volume ...

Sonic R. System

And there we have it, the drop in eurusd that was stopped by the fixing selling interest by the SM at 1.15pm, now we are back down to the bottom of the range 1.3280 support, but if this volume gets bigger and breaks the support on the hourly that ...

Sonic R. System

Pumpty Dumpty lol like it, did it sit on a wall ?

Sonic R. System

No i was on about the 1.15pm eurusd fixing, and there was sell interest at that fixing. Looks like it was as its stopping light volume move up and since then the price action has come off the high.

Sonic R. System

2 minutes and down we go !

Sonic R. System

The ST your talking about is the Secondary Test which has been tested but like i say the test of the Wyckoff principal failed so i cant see this being Accumulation

Sonic R. System

My take on the EURCHF. Again you are going to have to forgive me as I am on my laptop downstairs, in which I dont have snag it on to attached a chart for you, but will do in the morning. Right I am currently shorting this cross from 1.2480 and ...

Sonic R. System

Oh Dear ! Manipulation at its best, I thought everything was ok in the markets, house prices going up, growth, indices at highs since 2007, jobs getting created, unemployment dropping, Obama back in, come in the waters fine lol This is all rubbish, ...

Sonic R. System

Well there you have it.

Sonic R. System

I accept, whats the annual salary ? lol

Sonic R. System

The blue candle upbar was confirmed as SM selling as the next bar was a downbar. If the blue bar was buying the next bar would have been another upbar. So the particular bar in question was SM selling.

Sonic R. System

Evening, Well I am playing a long game day today, 10pm here gonna be up all night with the BOJ conclusions, so do you like me believe its been buy the rumour sell the fact ? Seems that way with the Distribution since 111.58 by the SM, plus theres a ...

Sonic R. System