PVSRA (Price, Volume, S&R Analysis)

EUR/USD Long trade closed for gain +20.08 pips avg
Still on the classic trade with TVT. Late open but was not too late. Its better than jump to soon with stop hunt in the end.
This trade not too different with my first trade on GU today. PVSRA hint - while price consol below key SR with some high activity at lows during LC on yesterday. Green PVA on the last LC was so tricky, MMs triggered the market DM on NS to jump into the right side but too soon, and then hunt their SL especially for the weak holder which set their SL too tight. This EU run so smooth today , MMs run their profit on early game before LO.
cheers,
MJ_

very nice analysis! MJ ,,, the way you EP shows your experience with MMs SH too kk
MMs always tends to trigger a deeper dummy move as seen at last london accumulation before the first fast&furious run with deep stophunt right after that,,, then real profitable move usually happens!

What a shame ... Thanks for your effort ...

Mine as usual in Gold Sam

wow,, nice to see you back ,,, & Great! legends are comming back

WellllllllllDONE... as always...
+ CIGAR

This is my first trade today
GBP/JPY long trade closed for gain +46.8 pips avg

cheers,
MJ_

GBP/NZD Classic trade - TVT 20
closed for gain +22.6 pips avg

trade well,
MJ_

Another running for short. We got to much effort while MMs building the short today.
GBP/NZD short trade closed for +91.2 pips

Dear denmas and Mauro-J,

It is wonderful to see you both active here again! Your posted trades on our template, and with great annotations, are a benefit to all who are here!

Tah

I'm just wondering how volume is applied to forex when there is not centralized trading desk and has only a desk from your broker .

simply,,
1) volume tick/ real denotes interest => higher volume => better interest
2) BigMoneys are the ones who move the market not reatails
3) as humans being => we all wanna buy low & sell high => for more money
4) as humans being => you want you're the only one who makes most money => you set traps for others,, play dirty / you hide your strategy...

"One way that activity can be gauged in the FX market is by recording the number of price updates, per unit of time, as more trades should equate to more price updates"

"
In the Forex market, as it is a decentralized market, it’s impossible to keep track of the size and amount of all contracts traded in a given period. In this sense, as an alternative to trade volume, traders look for tick volume. Tick volume is the number of price changes in a time interval. The main difference is that tick volumes represent how many times the price changed in a given period, and not the real bid/ask volume. We assume that, if prices change 100 times in only 5 minutes, there’s higher activity than if prices only change 50 times.

In decentralized markets like Forex, tick volumes act as a good proxy for the real amount traded. Usually, the most price changes in a given period, the larger the number of transactions that exist. This would imply a higher volume. We made a study on the relationship between volumes vs. tick volumes, and turns out they are quite closely correlated. Check more here."

In this PDF you will find that these calculation of volume is accurate

Well,
I am very happy to be back home where I really learn about the market truth -How The Market Really Works-, and how to make a deal with them. I feel proud to be part of your team. Very grateful to know you tah, i learned a lot from you, thanks so much.

Cheers
MJ_

Yes aVan I know all that crap, but your only getting the volume from your broker not from the big guys.... Forex has NO centralized trading desk

Perhaps I could say that covid-19 brings me back here. I'm really glad to be your musketeers. The idea of SCOUT and CLASSIC are really great even if they are combined with the one I read in the market. Bull always bows down before the attack and Bear always stands up before the attack.

My warm hug

pipsnet aka denmas

as what i know ,, volume tick comes from liquitity providers not your broker,, of course your broker can make some adjustment.
so correct me if im wrong!

ok where does the liquidity come from???? Volume come from those entering into the market- a centralized trading desk from a stock exchange will show the growth of those entering a trade from volume ( Note the volume come from a centralized market which is a stock exchange) so the only volume that you will get is from your broker. You cant get it in forex from a centralized market ( stock exchange ) because forex is traded 24hrs with no close from the brokers but with closes from the stock exchanges.
I cannot see volume from your broker if I have a different broker that you have.
Not match your volume with another persons volume, who has a different broker, and you will see two different volume readings.

Dear peterhenders and fellow trader..
Abaout "VOLUME" -
This is a classic theme that is often discussed in such forums. Some years ago, and as in past years, such questions are always present in discussion forums like this. As in the early years when the initial ideas about PVSRA and HTMRW were presented by tah. Yes, this is what the volume is all about. In this context, the volume we mean is the volume displayed on our MT4 terminal Trading. Right?

1. Of course, this is not transaction volume in the general sense.
2. This is not associated with how much money or the number of shares being traded
3. Its known as "TICK VOLUME" = Activity (adam0110 discribed on his last replay

You should read The #POST 1 - writed by tah some years ago.
The Utility of "Volume"

What is "volume"? What does the "volume" histogram really show on MT4?

That which is referred to as "volume" is the count of price changes between data ticks. It has nothing to do with the size of orders, only the number of times the price on orders has changed since the last data tick. So what? Well, here is an eye opener (if you have not already realized this).

Have you ever watched....I mean really watched, closely watched.....price action and volume action on a low TF chart? If you have, then you have seen how sometimes a series of ticks show high volume coming in and price moving (let's say price is moving down, ok?). This is all just fine. Right? And then along comes another tick, or a few ticks of very light volume, that brings price right back up....or even a little higher! And you start to wonder how can heavy action that takes the price down be so easily countered.....more than countered.....with such light action taking price right back up, and even higher? It can be the other way around, too.....you suddenly see a very tall, heavy action volume bar but price hardly moves lower. In the next TF hardly any volume action at all somehow manages to move price up real good.....!?

When the MMs are supporting price (this example), after some heavy action SM short order filling that might cause the price to start moving lower, they can easily put the price back higher to sucker in a new round of "wrong sider longs" for liquidity to continue filling SM short orders, or....their own wallets! How is it so simple for these Robber Bank MMs to do this? Well, and this is only a thought, all they have to do is to be counterparty to any real pending orders on the price queue that are not balanced by opposite side pending orders, and "fabricate" the rest of the price move up....as far up as they want to take it....using "penny a pip" price change book entries. In which case, what doesn't seem like a lot of action, isn't. And what might seem like a lot of action, also isn't. It is all just execution of "penny a pip" price change book entries.

What is to learn here? HTMRW! For one thing, the Robber Bank MMs completely control price. They can take it up, down, or lock it in place as much as they want to. For another thing, the number of "penny a pip" book entry transactions used to control price (up/down/lock) between ticks could be very light, but also intentionally increased to make PA look like it has more real trading activity behind it than it really does. Thirdly, during the market day periods of low volatility (fewer real incoming orders being executed by the MMs) are times the Robber Bank MMs can manipulate more easily.

So, does "volume of price changes" have any relevance at all? Yep! Just so long as you consider it's changes relative to volume overall and realize that in the genuinely more busy London session the volume picture is probably more truth than fiction compared to less busy times (NY session "After Hours" and Asian session). This is why we recommend trading the London session. PVSRA clues here can be better.

OK, then, for the second matter about the difference count of tick volume from each broker!
Yes, We find different volume calculations from different brokers, Often. Its such a classic question too. But, if you do really DO YOUR HOME WORK, really read all the post about this section in this forum or in our main site "pvsrainternationalwithtraderathome" , then mastering PVSRA methode with your very dilligence, youll got the answere.
Forex trading, commodity, index -shares, is about how to make money. How? its all about forecasting! Gees, don't think that this matter is something certain, as in classic mathematics. Its all about how we can solve the PUZZLE, We just estimate where is the next candidates of the filling order area which determined by MMs. All this way, is just hypothesis. Some time right, and mostly time we got WRONG. The main pont is, we should made the best Hypotical analysis and made our best conlusion to make a deal with the market before we jump.

SO, if we got difference tick volume which count by diffrent Broker, i think its not a big problem. Offcourse we need such a consistance tick volume count,BUT we should remember that we not trade based on each tick Yet!! Every single tick is important, offcourse its an important thing. But, The most important thing is the whole aspect on PVSRA. I think, this is your main matter! its about how you can find the proper utility of this tool in the PROPER WAY.
P.S I trade with different Broker, i got this problem too, difference data of the thick. But its ok for me, i still can read the whole hint as much as i need and estimate the zone to place my order and on which area i should placed the stop and exit before my account blow up. Wellcome to rigged market. But, if we want to live and trading for our life, we should made a deal with this rigged market, made a deal with the Broker which asosiated with SMs and determined with MMs.

Sincerely,
MJ_

It could be complete enough, "How i read this rigged market which operate and totally controlled by Robber Bank MMs - using PVSRA".
I could be wrong, mostly!
But i always learn and have some another plan to make a deal with this rigged market.
Just another case to study on GBP/USD.
I made some attachments immage from a to d.
Hopefully its useful for all fellow trader here.
Sincerely,
MJ_