About Today's Moves
Look at EU and GU. EU moved well over 200 pips from mid-range yesterday. GU moved close to 300 pips. Now, look at the volumes. You will see high volume starting the price manipulations. You will see high volume at the end of the price manipulations. Actually, there is more of the latter than the former, so PVSRA still has the MMs as bears. The average price of the positions taken by the MMs as they manipulated the price upwards is, of course, somewhere in between the lows and highs of the price manipulations. When the MMs later (tomorrow?) drive prices back down, their average price will be very profitable for them. Not only that, but now they have huge positions on which to make profits! You will also note that the prices are falling back down.
These moves up are good. I am glad they happened. They will make more profits for me, as they will for the MMs, because I took advantage of them to some degree. These moves are good for all who aspire to learn PVSRA. Now there can be no denying the sensibility of trading very light versus how you used to trade. Also, there will be no denying the validity of PVSRA when the prices later go back down.
The moves today rank as extreme and therefore amongst the rare. Nevertheless, be moves small or great, they are done for the same reasons. And PVSRA shows us if bulls or bears are behind the moves.
Look at EU and GU. EU moved well over 200 pips from mid-range yesterday. GU moved close to 300 pips. Now, look at the volumes. You will see high volume starting the price manipulations. You will see high volume at the end of the price manipulations. Actually, there is more of the latter than the former, so PVSRA still has the MMs as bears. The average price of the positions taken by the MMs as they manipulated the price upwards is, of course, somewhere in between the lows and highs of the price manipulations. When the MMs later (tomorrow?) drive prices back down, their average price will be very profitable for them. Not only that, but now they have huge positions on which to make profits! You will also note that the prices are falling back down.
These moves up are good. I am glad they happened. They will make more profits for me, as they will for the MMs, because I took advantage of them to some degree. These moves are good for all who aspire to learn PVSRA. Now there can be no denying the sensibility of trading very light versus how you used to trade. Also, there will be no denying the validity of PVSRA when the prices later go back down.
The moves today rank as extreme and therefore amongst the rare. Nevertheless, be moves small or great, they are done for the same reasons. And PVSRA shows us if bulls or bears are behind the moves.