This was along the lines of my thoughts too actually..its just great for them. They can do what they like with price, creating the illusion of gaps that are always filled to sucker in wrong side traders is most definitely playing to their advantage ...

Sonic R. System

Ah right I see, yeah I was watching the ZEW and saw the spreads get pretty high as we got close to the release. I suppose 3-4 minutes may be better than the suggested 2 minutes you find then?

Central Banks & Big Players

Ooookaaaaayyyy... So suprise suprise the figure was worse than expected AGAIN...except this obviously doesn't mean anything when it comes to the world of FX since people are so happy about this decrease in business confidence they are deciding to ...

Central Banks & Big Players

Just how I see it for now.. image If we see it go up I may start to look short myself.. Time will tell

Sonic R. System

Were you slipped at all jeetvirk? May I ask why you entered 6 minutes out from the news and not 2?

Central Banks & Big Players

Not me, didn't trade. Just look at that whippity whip though.... I might go short on the ZEW in my demo account..(waiting to hear back from OANDA for my live account opening) I find it interesting historically the amount of times the forecasters ...

Central Banks & Big Players

Thank you Tony for explaining this, I understand exactly why this is now, and I have to say knowing the logic behind it with the spreads during these news events being different on average it makes perfect sense now. Thanks again for taking the time ...

Central Banks & Big Players

Ah this is great to hear that you get no slippage! I have seen people here complaining about slippage before and thought that would be the case with this system. Perhaps they weren't with OANDA however. I suppose this must be as a result of entering ...

Central Banks & Big Players

Okay sure, but this would still be a potentially profitable way to trade right? I can see in your experience earlier on it was. I'm trying to understand news entries better, do you just take the trade exactly 2mins before? Or are there cases where ...

Central Banks & Big Players

Hey Tony, do you still trade the LS and NY market opens with a 2 pip SL? Reading from the old posts I see you would wait for an initial direction to be taken on the 5 second chart before entering. I haven't finished reading through all of the pages ...

Central Banks & Big Players

Entered short scout #1 as price was pushed up above the half number: image

Sonic R. System

It has been said before in the PVSRA PDF that: "The discrete S&R levels are whole, half and quarter numbers, in that order of priority." So from this we can infer that whole numbers are definitely the most important. I think really its all relative ...

Sonic R. System

Good watch video

Central Banks & Big Players

Reading the first 100 pages of this thread I feel like I've got to post my dream car as well! Her names Eleanor image image Someday... Now...better get some sleep, its 2am, I have university tomorrow early start, and I've been ...

Central Banks & Big Players

AUDCHF: In light of my last post I mentioned the "Secret to Sonic R" pdf file. I thought that it would be nice to be able to give an example and luckily enough I have found what to me is a stunner. Firstly, with any short "classic" entry its ...

Sonic R. System

santos23, Yes I totally agree with you that the MM's are building shorts by hiking price above important LEVELS. However I would advise not to be 'too quick' to short. As you can see from the WEEK chart the MM's did ALOT of buying to stop the drop ...

Sonic R. System

Yeah..to be honest, you were and are right. I admit I definitely got caught up in the moment and realise now from experience with it not to waste my time anymore. Its always going to better to trade for yourself rather than what anybody else 'tells' ...

Sonic R. System

Does anybody know how I could get the SPX500 and JP255U prices to display? It would help make it look a lot more 'complete' image

Sonic R. System

Or YEN could be becoming weak while the USD is becoming bullish spelling weakness: image

Sonic R. System

Rock on video

Central Banks & Big Players