DislikedHere is an indicator that auto detect trade entries on a chart and calculates balance, average entry price and take profit level. No need to manually enter the entry levels! {image} {file}Ignored
msis
There is no spoon....
- #54,165
- Jul 19, 2013 8:56pm Jul 19, 2013 8:56pm
- Joined Mar 2008 | Status: PVSRA with Traderathome | 23,552 Posts
- #54,168
- Jul 19, 2013 9:28pm Jul 19, 2013 9:28pm
- Joined Mar 2008 | Status: PVSRA with Traderathome | 23,552 Posts
{quote} Thanks so much , that's ok , but i want to ask if i read a book about vsa this will help instead or PVSRA is another field with another viewpoint. about reading i 'll try keep reading all posts unless i understand. Thanks
In my opinion, "VSA" is crap that doesn't work nearly so good, but that is just my opinion. Now consider some facts.
VSA has been around for some years now. PVSRA has been around only about 4 months and only at the Sonic R. System thread, where it has been conceptualized and is in development. Taking those two facts, consider this. In recent weeks there has been a growing number of unsolicited testimonies posted on the Sonic R. System thread by traders that are finally turning forex into a profitable experience, even getting back previous monies lost over some years, and all due PVSRA! Do you see that happening on any other thread at Forex Factory, even those that use "VSA" and have been for years?
No, you do not!
So, why would you waste time on something that has proven itself over years to be inferior to something that is proving itself, in just a few months time, to yield vastly superior results?
If you just love the sound of .....".VSA"......., then by all means take your time and study it. If you are more interested in becoming a profitable trader then study PVSRA. It is your decision and your time.
-tah
{quote} PVSRA, EJ: Bulls or Bears? Pump & Dump! And EJ is going the same way as GU and EU. See the pump on increasing volume. As the MMs worked the price higher they opted for more shorts! Finally, at the very highs they began a heavy sell off, the highest activity of all as they sold, sold, sold down from the highs! And now they are repeating..... This is absolutely amazing activity for a late Friday that the bear MMs are engaged in! I can't wait for next week!{image}
As you say most likely an interesting and hopefully profitable week ahead. Thanks to the PVRSA X-Ray goggles. Lets make the MM`s actually have to work for their huge profits.
- #54,170
- Jul 19, 2013 9:56pm Jul 19, 2013 9:56pm
- Joined Mar 2008 | Status: PVSRA with Traderathome | 23,552 Posts
{quote} I and I think I speak for many of us are scared that the "run for profit" starts too late in the future and we are caught in a strong trend for long time without significant retracements. The consequence can be that our building position average price will not be reached.
futurespeter,
Yes, that is the crux of the matter, isn't it. We can know if the MMs are bulls or bears, but we can never know when they will reverse from "building" to "running for profits".
I do not know the "best" answer, either. I do not yet know the "best" application of PVSRA. But then, a year ago I had not even conceptualized PVSRA, and look what we now have, and look at the success others are having with it in less than 4 months!
It is a "work in progress", maybe a work-in-progress "gone wild" in some respects. But that is part of the "growing pains" that will lead to mature development. Perhaps after a year of experience with it there will be much more we realize about it, and much more we know about how to best apply it. I think if PVSRA had been conceptualized within the atmosphere of any other thread on Forex Factory, it would not have gone far. It is through the open "sharing is caring" atmosphere at this Sonic R. System thread, and through the diligent work of contributors here that have made their posts more for the benefit of others than for themselves, that the PVSRA project has moved along as well as it has. Differences of opinion, even those inspired by a healthy fear of losing money, are what will spur this work forward to eventually what I am sure will be a sensible determination as to how to best apply PVSRA.
This is a "story line" where all the differences in the world, applied to this project, make all the difference in the world,......and in a most wonderful way will eventually combine to give us what we all seek, a method and applicaton of effective analysis that is as elegantly simple as the Sonic R. System itself!
-tah
- #54,171
- Jul 20, 2013 12:11am Jul 20, 2013 12:11am
PVSRA, YEN Pairs (AJ Example): Bulls or Bears? I mean, can it get any more clear? Sonicers, that is a hell of a lot more sell off volume than what it took to hike the price to start the sell off!{image}
- #54,174
- Jul 20, 2013 1:29am Jul 20, 2013 1:29am
{quote} Redddz, It is in the final stages of Beta testing by St3ve and myself. St3ve (God bless him!) has done an excellent job of coding so that the trade levels can still be displayed after the trade closes, for a user specified period of time. This will provide time for the user to make a picture for posting that will show everything, including the connecting lines between all the entries and the close price, even hours later just so long as a new trade has not been opened on the same pair! As I have a number of open trades, this will get a good...
Rdz
Price Is The Best Indicator Itself.
- #54,176
- Jul 20, 2013 2:53am Jul 20, 2013 2:53am
TAH imagine that you are the MM's ..... if you have buy or sell a LOT.... how exactly to do you that without pushing the price against your trades? This is where the MM and the stop hunts come back in to the picture... you have to induce someone else to take the other side of your position, so you need to make it look like taking that other side is an attractive deal... say when price pushes down below an established support, or the low of the day - just long enough to induce enough traders to sell - where you as the MM with the big position to...
Once you have understood PVSRA, you are ready to take the next trip: TNT (I claim the rights for this denomination)
My mother language is Spanish, so, please, be patient with me.