Yup, you're right, but still I'm thinking that they will bring the price above full number before mark down. That high volume at bottom keeps telling me that London MM's also wanted to get piece from those longs and build their own short positions. ...

Sonic R. System

EJ is forming Sonic R short setup also. Still pretty much volume on lows, so might be getting higher first still.

Sonic R. System

SL hit -8pips. Maby they got all wanted shorts open, or then this high volume says that they added more longs at better prices to go more up and get better positions for shorts. Now waiting for more confirmation about direction. image Edit: BTW ...

Sonic R. System

Just a thought about how MM's work this out...

Sonic R. System

No, I'm not "risk to reward" fanatic and have been scaling in to positions long time now with huge drawdowns, before price has changed direction and eventually changed to profit side. Remeber GU 4h inverted H/S? Scaling in few times at range and ...

Sonic R. System

Yup, as I already said just before you Only difference here is that we know that MM's should be bears still, so we should have pretty good understanding by now how far this setup will run: To next point where MM's like to add more shorts and not ...

Sonic R. System

And in fact it should be Classic Sonic R setup, if you look at my edited post right now. So basically this is trading the lower probability Sonic R setup with acnowledge where MM's like to build more shorts/longs to choose TP point.

Sonic R. System

Btw. Today I'm going to experiment this; When we see this price manipulation; MM's pushing price higher to load more shorts, or other way round, we can trade to that direction too. Basically I'm looking for MM's to push price over to next full ...

Sonic R. System

Maby this will help.

Sonic R. System

Needed to find this earlier post of yours, because I'd like to hear when you have been wrong? You keep saying that:"I might be wrong, have been before " but in fact I haven't seen any unsuccessfull trade set from you? I know; offtopic, but your ...

Sonic R. System

Remember this one? If we now go below 1.27... Then 1.20... Should be next target. Until then; smaller trades daily At least now we are heading right direction

Sonic R. System

Closed short scout EU trade.

Sonic R. System

Took short too earlier based on volume analysis. High volumes on higher prices.

Sonic R. System

Ah! Now I get it how you use volume! Not only in single candles, but also the way you just described on this screenshot. Excellent stuff, as always

Sonic R. System

Sonic R short trade on 5min chart EJ forming right now.

Sonic R. System

It might be good time to start looking for bearish Sonic R setup to form on Yen pairs. Price has retraced to recent daily high and to dragon on 1h chart. Volumes are high at highs, so scout might be appropiate soon, if not already.

Sonic R. System

Master Sonicdeejay. Some time ago, you asked if anyone has any horizontal volume indicator to share. I just came across one that works. So here you go

Sonic R. System

And same high volumes earlier at lows when price is going down.

Sonic R. System

Here 1min chart showing high volumes on lows when price is going down.

Sonic R. System

Thank you again for exellent explanation professor. But again, this brings in my mind the discussion about EJ we had on friday. Still now, when I look back those friday charts, I'm seeing high activity on lows. Wasn't that supposed to indicate MM ...

Sonic R. System