PVSRA (Price, Volume, S&R Analysis)

short in USDCHF, this was an operation made on my secondary account where I use PVSRA without a rigid SL

To survive movements of several pips against your positions, ALWAYS TRADE LIGHT IN RELATION TO THE ACCOUNT BALANCE, this way we end the operation with a profit of 60 pips

I may change my opinion in the future, but at the moment I write this, although it is a profitable way, it is not something I recommend.

a comment that I found quite interesting to analyze was that of the creator of the topic: "the institutional market participants use stop losses in the hundreds of pips" which I could understand is that institutional market participants probably do not opt for a rigid SL because they can withstand movements of several pips
My question is, what would they do in cases like the USDJPY where the price is rising until the moment? Would they leave their orders open for months or years until the price returned, or would they close with a loss?
this is an interesting question

Just noticed.......looks like your vLines appear 1 hour before they should! If so, you probably did not do the "check" procedure to assure vLines are set according to the broker's server time zone setting (!)......which is not necessarily the same time zone at the broker's physical location.

Attached chart has the vLines at the proper locations with respect to PA.......

understood, I thought that the Vlines already came with the correct settings in the 2.4 update so I didn't notice that they were positioned incorrectly

Thanks for letting me know, I'll fix it right away

It's now corrected, thanks for the warning and I apologize for my lack of attention regarding the Vlines, if you hear any more errors with my graph I ask you to let me know and I will correct it immediately

NOTICE

Completed User Instructions for recently released PVSRA v2.4 are now available after login at our HOME SITE: http://pvsrainternationalwithtraderathome.com/

Short in USDCAD, I believe that the market is starting to get "slower" this December, so probably until this month passes I will focus on shorter operations

EURGBP LONG TRADE

Short in BTCUSD, my initial intention was to have sold yesterday due to the asset already indicating the decline of the PA and however the PVSRA was not yet indicating the appropriate configurations for this decision making so I decided to wait until a configuration emerged, as the appropriate settings appeared today I decided to enter

This is my last operation of the year, I wish you all a happy new year

Long in BTCUSD, first operation of the year

Short in EURCAD

EURAUD LONG TRADE

ciao traderathome
volevo chiedere se c'è qualche file che spiega come entrate a mercato grazie

hope for your reply thanks.

Over the past few years, I have seen you guys replies on this post.
I have seen this trading method more than once.
What puzzles me is why you are so sure the price will necessarily going in your way.
Why don't you trade with the trend you see, but go against it,endure huge retracements and fall into endless waiting and guessing.
This trading method will cause immense confusion to newcomers.
There is a Chinese saying:"顺势而为，乘势而上"

Long in USDCHF

Since you predict that the market will be bullish , why didn't you add more orders when the price broke through dragon? Didn't have enough confidence?

Good morning, simply because there was no need, I had already set up my positions so the only thing I would need to do is wait

ANSWERS per YOUR CHART:

Dec 27-28 the M15 trends were only briefly stacked bullish following a long period of being bearish. And this very brief bullish episode was without significant volume at lows to start it! In fact, between Dec 27 and Jan 2....4 holiday trading days.....it was bullish, bearish, bullish, bearish! On Jan 3, the trends became bullish again, and this time it started with a significant volume episode at lows! Also, looking at HTF charts, this pair tends to trend for more than just a few days. "Why not close at the top?" So, with this being the first switch from bear stacked trends to bull stacked trends confirmed with leading high volume episode, it was very low odds the first "high" would be the final high. "How did you know price would be bullish?" And it was low odds the first "following low" (retrace) would be followed by a more significant low (additional retraces!). Hope this sounds reasonable to you, because PVSRA is not a matter of looking only at your trading TF chart. We should also view a larger landscape picture to check that what we surmise is not out of context with the whole.

I think this trading strategy will work better with real volume. But it is necessary to convert the indicators to MT5. But thanks anyway.