PVSRA (Price, Volume, S&R Analysis)

EURAUD SHORT TRADE

Long on EURCAD finished, it was a good profit... now let's see what happened in the rest of the week, doubts about the analysis as always look at my previous post

USDCHF LONG TRADE

Longs on DOGE/USD

Built some positions whilst price was dropping yesterday night. I admit, I was a little bit too early with my first entry and I should have waited for more confirmation, I was in profit in the first 5 minutes or so but then price continued going lower. I must remind myself not to jump too early and wait for more confirmations.

So what I did after the first entry was opening a few more positions on the red vectors alongside the Market Maker (they go long whilst price is dropping).

You can notice in the rectangle at the lows that price consolidates and the volume starts to decrease, with one of the candles having a long pin to the low - that to me represented the MM triggering short orders by DM and trapping them right there. Buying volume starts to appear (blue and green vectors), quickly shifting to the 100 EMA and then MM drops one last time to grab all the stop losses from traders that went long too early before finally moving out of the zone and going for the move up, but important to notice they did not go lower than that wick on the first leg of the W, giving me further bias that MM wanted to keep those traders trapped.

My targets were trading back into the previous red vectors where MM had gone long whilst price was dropping. Also, I did a big mistake of not setting a TP on that last entry, so this morning when I woke up I realized that all my TPs were hit but not on that one because I didn't put one. So even tho it was the best entry, I basically closed it at breakeven because of that mistake.

AUDJPY SHORT TRADE

EURGBP SHORT TRADE

EUR/USD Short Trade

Short DOGE/USD

Doge was up a lot during the day today, at some point it was up over 20%, so I knew that MM would at some point want to reverse price (even if temporarily) in order for him to close some positions, open new ones and take some profits - unlike DM, he knows when to pay himself and is not here to donate money to anyone.

I wanted to catch the reverse and I was watching and watching... Right at the US session close, they go past the HOD and spike it way higher (2 minutes before the session ends!) with climatic volume. The way I read this price action, is MM triggering pending orders of breakout traders that were watching the high of the day and going Long, also making other traders feel FOMO and buying tops, so that he can Sell at the highest possible point.

I opened my short on the third candle that broke down the 50 EMA on the 1 minute timeframe.

Robbed the Market Maker with a 90 pips profit when I started to feel like he could be about to reverse price back up to key EMAs.

Short Doge/USD

Re-entered in another short and closed at the previous long green vector candle.

MM kept pushing price down and then lifting it back up to the 50 EMA on the 15 minute time-frame but he never showed bullish commitment, we can understand this by seeing the pins to the high and no bullish vectors/no follow through with bullish movement - giving me the impression that MM was planning to slowly bring price down and hunt every SL possible by keeping price in that zig-zag.

Short on BTCUSD, trading predicting SH pressure
and the pullback the weekly top


always remembering: we can never know what the MMs did next so my ´´prediction´´ always had a chance of being wrong

To my dear friend Traderathome:

So after all the shit going on with Metaquotes , damaging US traders and soon to damage EU traders as well and after many many years of polishing our trading skills to become as best as we can be I believe such an incident is terrible, but we should never back down . Till we die of course . I know you put endless hours developing and polishing and I know you think there is no point fighting...let me remind you that you felt the same way many years ago when you had to move to your own home to continue...and you did. So you adopted to the facts at that moment. This was most probably bigger test then the one at hand. I believe it is much easier to adopt to other platforms, so let me encourage you once again....

Below the chart of the fresh 5% challenge account to test MT5 (the cheapest way to test it as a part of adopting). I would open 5k challenge to test, but then it is harder to apply dynamic trade MM, so 20k it is. I am doing the same with Ninja Trader trading futures. If we once know how to trade it hurts when the regulators want to suck every drop of blood out of us, but I personaly am a problem solving person and I know that you are too. It might take time, but you can solve this, just as you solved other challenges in life. All we really HAVE TO DO IS DIE, all other decisions depend on us alone. It doesn't matter the instrument or the platform if you know how to trade. Say the dirty words thousand times if you must, but then get back to work.

In hope you find new motivation to fight,

Love

Fisher755

AUD/USD Short trade

AUD/JPY Short Trade

Long BTC/USD

Price dropped aggressively during the London session today with a lot of climatic volume (red vectors and volume kept increasing whilst price dropping).

MM then put the brakes and started a consolidation zone around London session close.

Notice how many pins to the downside there is at the lows of the range (I marked it with the rectangle box), this tells me that MM was working the lows and triggering short orders by the retail trader, but the candles kept closing higher. So, MM was inducing retail traders to go short at the lows and then reversing it back up.

Also, each pin to the low was not going lower than the previous ones, adding the confluence that MM wanted to trap those traders Short, because at some point, he was going to reverse price back up and did not want to release that liquidity and allow the retail trader to close his position at breakeven or small profit.

I went Long with the MM and I closed my longs at the previous red vectors.

Long GBP/JPY

Long in GBPJPY

Another long on GBP/JPY

After closing my previous longs, I kept watching price and MM behaviour.

Market Maker kept pinning the lows to trigger orders by DM to go short whilst he kept price in the range. During Asian Session, he drops it one last time forming the LOD (Low of the Day) and quickly shifts price back up when you look in the lower time frames.

There were previous red vector candles in the left of the chart, price was above key moving averages, so the behaviour by MM was telling me that he wanted to push price further up.

I closed these 2 positions, one of them at the previous red vector and the last one at the RDH (Range Daily High).

GBP/AUD Short Trade

Long BTC/USD

TP at the Range Daily High + Recovery of previous red vector candle!

nice trading. Excellent annotation of MMs market actions. Good job