My GU PVSRA trades. The worst scenario I have ever saw. 
As I see I still have some hope here
As I see I still have some hope here
Whatever is obvious is obviously wrong!"
- #59,681
- Sep 22, 2013 4:17am Sep 22, 2013 4:17am
- Joined Mar 2013 | Status: In the learning phase.. | 1,377 Posts
- #59,682
- Sep 22, 2013 4:29am Sep 22, 2013 4:29am
- | Commercial User | Joined Mar 2008 | 9,071 Posts
My GU PVSRA trades. The worst scenario I have ever saw.
u have more than ten positions...
u keep adding short,,as it go further up..
This is not PVSRA.. this is simply ur impatient and reckless trading..
U do not have infinite acc that can handle infinite draw down my friend..
Inserted Video
Sonic
- #59,683
- Edited 5:28am Sep 22, 2013 4:40am | Edited 5:28am
- Joined Mar 2013 | Status: In the learning phase.. | 1,377 Posts
{quote} u have more than ten positions... u keep adding short,,as it go further up.. This is not PVSRA.. this is simply ur impatient and reckless trading.. U do not have infinite acc that can handle infinite draw down my friend.. http://www.youtube.com/watch?v=bpOSxM0rNPM Sonic
If this is not PVSRA then what it was? It was exactly PVSRA, high activity at the highs and we all jumped to the trade just like Tah taught us. This is exactly PVSRA! Ok, I made many trades more, but the most trades are made at the highs were was a high activity! And we hoped that any high impact release what came will bring reverse, but actually every release made the situation even worse. Every new high gave us a new hope, that "bears" just manipulating and the reverse start soon. That is exactly what PVSRA means.
DD is not disturbing me, it's ok, I will survive it, but the most concerning point is that we jumped too early in, although we saw the "bearish" signs 900 pips below. Oh and at this time when we jumped in the first,second,third time, we didn't know that "bears" will pump the price 900 pips above. Or someone knew that?
All this 900 pips rise we hoped that MMs are BEARS. And I was not the only one, who believed it here. This is PVSRA
And Tah looks M1 chart for find out are the MMs bears or bulls. Do you even imagine how many "bearish" signs he saw on M1 chart during this 900 pips rise? I guess hundreds signs..
I made a quick search and marked (M15 chart) the places where we saw "bearish" signs followed by PVSRA. "Bearish" signs appeared in every whole,half,3/4, 1/2 areas and somewhere between of them also. Every vertical line means "bearish" sign.
If we take a trade in every whole,half,3/4,1/2 areas where we think that MMs are bears, so after this 900 pips rise we can count about 35-36 trades. Btw this is exactly what Tah did. So what we made wrong? Ok, lets assume that we take a trade in every whole and half areas, then it makes about 18 trades, little better, but it doesn't change the fact that our first trade are 900 pips below. Dead circle. How to get out of it?
I'm newbie and of course I believe the guy who made this analyze system and who trading by it very successfully. Which newbies doesn't believe and trust this analyze? It seems almost "perfect". How no one can't believe it?
Tah's results are amazing, of course I trust his analyze, but my mistake was that I didn't use my own head anymore. I don't know what are other users mistakes.
Whatever is obvious is obviously wrong!"
- #59,684
- Sep 22, 2013 4:40am Sep 22, 2013 4:40am
- | Commercial User | Joined Mar 2008 | 9,071 Posts
Inserted Video
Sonic
- #59,685
- Sep 22, 2013 4:44am Sep 22, 2013 4:44am
- Joined Mar 2011 | Status: I should be on your ignore list | 5,597 Posts
{quote} Yeah I now that I made a huge mistake..and not happy about them..no need to gloating anymore
- #59,687
- Sep 22, 2013 5:31am Sep 22, 2013 5:31am
- Joined Mar 2013 | Status: In the learning phase.. | 1,377 Posts
{quote} ... and the price moved higher; that should tell you something about what it actually means...
Like most of us here btw.I know I deserve punishment, but guys please don't be so rough with me anymore
Still learning.. 4-5 months from the beginning of trading..
Whatever is obvious is obviously wrong!"
- #59,688
- Sep 22, 2013 7:04am Sep 22, 2013 7:04am
- Joined Mar 2013 | Status: In the learning phase.. | 1,377 Posts
Hi Guys, I have been following the thread for a few weeks but could not help giving my 2 cents, firstly thanks to TAH for switching on a light bulb to the trading style PVSRA. My initial thoughts looking at some of the traders charts were YOU ARE OVERTRADING especially opening 10, 20 or 30 positions on a 15 minute chart. Don't get me started on the 1min chart...lol I personally think trading on 15 min charts is not a good idea as the timeframe is far to noisy for this system and does not show the bigger picture, M15 is fine for the original sonic...
And remember that we all here added shorts by PVSRA! Fortunately you started to trade just now! You haven't done nothing different than other users here.
Every user who is jumping here now or just started trading now, can say how badly we were trading here!
So I recommend, read the posts since April 2013! Don't just jump to the last page! If you would have read the thread you will know for now that this is not the first time when price goes against us. And you can be sure that this is not the last time either!
Whatever is obvious is obviously wrong!"
- #59,689
- Sep 22, 2013 7:14am Sep 22, 2013 7:14am
{quote} As I see you started to trade in August 2013. And you don't know that we started to add shorts on EU, GU in July! Where you could be now if you would started the same time when we all in here??? So now you can be happy, because you jump here in August, when price was rose 900 on GU. And remember that we all here added shorts by PVSRA! Fortunately you started to trade just now! You haven't done nothing different than other users here.
- #59,691
- Edited 7:58am Sep 22, 2013 7:46am | Edited 7:58am
- Joined Mar 2013 | Status: In the learning phase.. | 1,377 Posts
{quote} I beg your pardon loeil, I did not post my charts to enter into a slandering match OK, all I am saying is that you guys are entering your trades far to early in the trend and too many trades. Look at your daily GU chart posted above at the top of the page, your entries are all over the park and many of them, now you wonder why you are in drawdown, this is basic stuff, do not tie your margin up, by the way I have been trading for 6 years.
I understand that I'm very newbie, traded only 4-5 months, but you who you are traded 6 years and you still make this kind of mistake??? After 6 years of trading????? I'm scared now, what my future is going to be. Will I really make the same mistakes over and over again??? From year to year??? And finally when 6 years past I will discover that I have made the same stupid mistakes during all this 6 years!!! How awful!
I don't want this kind of future! Actually it's very strange now, after 6 years of trading you still looking the trading method/analyze? What did you do all those 6 years??
Whatever is obvious is obviously wrong!"
- #59,693
- Sep 22, 2013 8:03am Sep 22, 2013 8:03am
- Joined Mar 2013 | Status: In the learning phase.. | 1,377 Posts
Whatever is obvious is obviously wrong!"
- #59,695
- Sep 22, 2013 8:27am Sep 22, 2013 8:27am
- Joined Mar 2013 | Status: In the learning phase.. | 1,377 Posts
I have deleted all my charts above until some people learn to grow up, I won't bother posting here as one just gets lambasted for helping, complete waste of time, good luck guys.
I found interesting post from you.
"This is why I don't like the M5 timeframe, almost got stopped out, will close it at BE once it reaches the red 400 ema, I may
even close it now for a small loss.
You will also notice the sma's move quickly on the M5, ones grid does not resemble what it looked like the day before when the first trades were opened
Edit: closed at -0.23% loss"
![Click to Enlarge
Name: 2013-08-13 07_46_21-2089056194_ MetaTrader 4 IC Markets - Demo Account - [AUDCHFi,M5].png
Size: 45 KB](/attachment/image/1279062/thumbnail?d=1379856107)
You saw that price didn't make any progress and you closed your trades with loss. You stepped out and it was right.
But now you jumped into the SonicR thread and started to trade like almost here and already have DD, trend went against you and you still add the trades? I don't get it.
I already scared those people who comes and tell that they have been trading 6,10,15,20 years, but still they are here and looking the system what works for them. I'm newbie and if 6 years experienced trader comes and jump from one method to another, I start to thinking that maybe I'm on the same level after 6 years. If people doesn't find the working method during the 6 years, then how many years we needed after all to find the working method???
Whatever is obvious is obviously wrong!"
- #59,696
- Sep 22, 2013 8:41am Sep 22, 2013 8:41am
- Joined Mar 2013 | Status: Trader | 6,512 Posts
{quote} Yes Minagry, I know it NOW, but I just followed PVSRA, because I really believed that high activity at the highs means bears and if price went higher I still believed that this is just MMs manipulation.
Still learning.. 4-5 months from the beginning of trading
You will be surprised there are a lot of "EXPERIENCED" traders that still trades like a newbie. In math, ANY number multiplied or divided by zero the answer will always be zero. So all losers in any levels of experience is no different from a new trader who blew up his account in the first 4-5 months . So don't worry, yes you are a newbie, but you took the first step of letting go of your ego and learning from your mistake. Someday, you will be trading like a professional too.
Maflip - (Newbie)
- #59,697
- Sep 22, 2013 8:51am Sep 22, 2013 8:51am
- Joined Mar 2013 | Status: In the learning phase.. | 1,377 Posts
{quote} It's ok, at least now you are trying to correct that mistake.
Whatever is obvious is obviously wrong!"
- #59,698
- Sep 22, 2013 8:52am Sep 22, 2013 8:52am
- Joined Mar 2013 | Status: Trader | 6,512 Posts
{quote} Yes for me it's important to learn from mistakes. We are not able to make something better if we just ignoring mistakes what are made. We are a human beings, we have ability to learn. Then why not to use it?
- #59,699
- Edited 9:21am Sep 22, 2013 9:06am | Edited 9:21am
- Joined Mar 2013 | Status: In the learning phase.. | 1,377 Posts
EU analysis
When market opens we can do a new analysis. After those up rallies there are weakness in the air on EU, but still no confirmation, could be a new re-accumulation phase also?. Although there are strong resistance area on weekly and monthly chart.
Reverse could be near.
When market opens we can do a new analysis. After those up rallies there are weakness in the air on EU, but still no confirmation, could be a new re-accumulation phase also?. Although there are strong resistance area on weekly and monthly chart.
Reverse could be near.
Whatever is obvious is obviously wrong!"
