DislikedHelp me please. I don't understand why I have USDCAD on the left corner on the EURUSD chart. Thanks {image}Ignored
Hope this helps.
kad
- #65,002
- Edited 5:09am Feb 4, 2014 4:59am | Edited 5:09am
- Joined Mar 2008 | Status: PVSRA with Traderathome | 23,552 Posts
- #65,003
- Edited 5:41am Feb 4, 2014 5:17am | Edited 5:41am
- Joined Mar 2008 | Status: PVSRA with Traderathome | 23,552 Posts
EU Comment:
M15 Asian session looks like steady shorting down from the 1/4 Level, then suddenly the MMs hiked the price back above the 1/4 Level and resumed shorting. This, together with the big hike above the 1/2 Level Friday followed by the shorting of the price down to below the lower whole number, presents a PVSRA picture of bears.
Really, the price hasn't left the room yet, and the MMs are shorting the hell out of it above the whole number again before they open the door.
That door might open with the NFP release this week.
My take,
-tah
M15 Asian session looks like steady shorting down from the 1/4 Level, then suddenly the MMs hiked the price back above the 1/4 Level and resumed shorting. This, together with the big hike above the 1/2 Level Friday followed by the shorting of the price down to below the lower whole number, presents a PVSRA picture of bears.
Really, the price hasn't left the room yet, and the MMs are shorting the hell out of it above the whole number again before they open the door.
That door might open with the NFP release this week.
My take,
-tah
- #65,005
- Feb 4, 2014 5:58am Feb 4, 2014 5:58am
- | Commercial User | Joined Mar 2008 | 9,071 Posts
Inserted Video
Sonic
M1 mircro view. PA above BRN with more volume noted at highs. On H1 chart, price has made it above previously broken D1 trend line only to come down again, twice. On second break price came down with much more volume.
EU short scout entered
I want more brain power!
- #65,008
- Feb 4, 2014 6:42am Feb 4, 2014 6:42am
{image} M1 mircro view. PA above BRN with more volume noted at highs. On H1 chart, price has made it above previously broken D1 trend line only to come down again, twice. On second break price came down with much more volume. EU short scout entered
i'm using sonic system but not scout trading.
I'm learning it.
I don' t understant something on your chart.
I take your chart ant add some lines. We can see some important volume when price are low.it doesn't matter ?
Excuse my english it's not my natural language
regards
{quote} i'm using sonic system but not scout trading. I'm learning it. I don' t understant something on your chart. I take your chart ant add some lines. We can see some important volume when price are low.it doesn't matter ? {image} Excuse my english it's not my natural language regards
1)The volumes at the lows MATTER, if you re-read my post which you quoted, one of the key point of my analysis is MORE volume at highs than lows...so in other words it is very important to see where volume is at be it high or low and analysis from there.
2)I am also at the learning stage for PVSRA. While I dare say I am improving, do not follow my analysis blindly. I share more for the purpose of "comparing homework"
3)The answer I gave to your question at (1) is VERY VERY brief. You need to spend a lot of time and effort to read the PDF and since english is not your strong point you might have to double that effort. If you can, I myself still trying, commit the first twelve pages to memory. Things will get clearer with time for you. In my experience so far, the better you understand the 12 pages the better you can understand the charts.
4)Be prepared to spends time, up to months for some to learn this. If not prepared to do so then just stick to classic Sonic R.
Edit : DO NOT ASK ME WHERE IS THE 130 PAGE PDF. FINDING IT IS THE FIRST STEP
I want more brain power!
{image} M1 mircro view. PA above BRN with more volume noted at highs. On H1 chart, price has made it above previously broken D1 trend line only to come down again, twice. On second break price came down with much more volume. EU short scout entered
. And about +200 sum of 4 from EA shorts
I want more brain power!
- #65,015
- Feb 4, 2014 9:52am Feb 4, 2014 9:52am
{quote} Sorry for asking what may be is clear for you. I've downloaded and I'm reading step by step all manuals and pdf's. Did not find any containing 130 pages, max 90 pages for the PVSRA pdf, may be I'm missing something? Thank you for clarifiying
http://www.forexfactory.com/showthre...39#post6723739
- #65,016
- Edited 10:29am Feb 4, 2014 9:59am | Edited 10:29am
- Joined Mar 2008 | Status: PVSRA with Traderathome | 23,552 Posts
{quote} heavenpv, i understand english is not your main language so read this slowly. 1)The volumes at the lows MATTER, if you re-read my post which you quoted, one of the key point of my analysis is MORE volume at highs than lows...so in other words it is very important to see where volume is at be it high or low and analysis from there. 2)I am also at the learning stage for PVSRA. While I dare say I am improving, do not follow my analysis blindly. I share more for the purpose of "comparing homework" 3)The answer I gave to your question at (1)...
cfdtaleong,
You make me proud to be a Sonicer that is trading along with someone as dedicated and as diligent as yourself. In my opinion, you are a model for others to follow. I hope they do.
PVSRA was, more than a year ago, a light turned on.....the glimmer of an idea. Some months later, after some preliminary experimentation, I introduced it to Sonicers as a work in progress. It needed more experimentation to come to a better understanding of just what was meant by what it revealed, and just how to best use the information. For a few great months many made a killing, but darker days, weeks and months were ahead as we planted and planted and finally ran out of seeds to plant, and then.....the landlords furrowed us back into the ground, making fodder of us all! And so, we all began to realize the importance of the in-work project, the importance of realizing all the truths revealed by PVSRA, and that just extracting something here and there was a receipt for failure. We needed both the bits and pieces revealed real-time on lower chart TFs, like M1, but also the big picture. It is not just a matter of where things are happening right now around key S&R, but also a matter of where price came from and what happened when it was there.
Indeed, the Market Makers are not just bears or bulls,.....they are bells.....bears and bulls, always. It is a matter of what they are the most, because as price hits lows they are one and as price hits highs they are the other. It is a matter of which area seems to be showing more MM action than the other. And this can reverse from when trends are new to when trends become long in the tooth.
And so, it is not an easy subject, no more than calculus is easy compared to kindergarten math. But, it does work. And as mastery improves, so does the profitability of trading, because a properly done PVSRA shows what the MMs are most right now, bears or bulls, and that information together with seeing where price is (high or low, start of retrace or top/bottom end of retrace, in an up or down trend) and we know what is going on. If we don't get clear indications from PVSRA, we don't trade, because this is the only meaningful information in trading, aside from realizing that at any time the MMs can spike price to advantage their accumulation of orders. And this all-important information from the analysis that is PVSRA is information that no price derivative indicator, or combination thereof, can provide.
cfdtaleong, keep up your good work, for you are an example to others and are paving the way for them. Folks like loeil, JRissa and others are on the same path you are on. They just started out on the path earlier than you did. It best serves all Sonicers to be able to continually get inputs from those that are at different points along the path, as some will relate more to those beginning and some will relate more to those some distance further along the path. Your contributions, your postings, are most appreciated and valued by all who are serious and dedicated to improving as traders and also to helping others of like kind.
Thank you,
-tah
{quote} cfdtaleong, You make me proud to be a Sonicer that is trading along with someone as dedicated and as diligent as yourself. In my opinion, you are a model for others to follow. I hope they do. PVSRA was, more than a year ago, a light turned on.....and idea. Some months later, after some preliminary experimentation, I introduced it to Sonicers as a work in progress. It needed more experimentation to come to a better understanding of just what was meant by what it revealed, and just how to best use the information. For a few great months many...
. To be honest there was a point I was near to giving up because I just did'nt get it. But you put out post after post teaching and all you ever asked for was for was people to take the effort to read and try to understand first. So I told myself if somebody is putting in this kind of effort to share then I can bloody well do the same to absorb. Not only you but the others who have been with PVSRA at the start have all selflessly shared so much that "thank you" alone cannot express it properly. Even in this post that I am quoting, you have taken the effort and shared a wonderful short summary on what PVSRA is about! Thankyou Prof and I will do my part to help the community here by nudging the new students in the right direction. I will not spoon feed (not that i have a lot to feed ) them because they will never learn the true potential that way and it will do none of you any justice. 
I want more brain power!
- #65,018
- Feb 4, 2014 10:44am Feb 4, 2014 10:44am
- Joined Mar 2008 | Status: PVSRA with Traderathome | 23,552 Posts
NU Comment
Sonicers, this might be one to stalk, to do PVSRA on, for possibly a short trade. As you can see, the MMs have done a really good job of hiking the price back up to what used to be support and is likely now resistance. You can also see there are some NZD high impact releases coming well before the next Asian session begins. 
Look at the current action in the S&R area! Wonder if they'll get it above the whole number. 
Sonicers, this might be one to stalk, to do PVSRA on, for possibly a short trade. As you can see, the MMs have done a really good job of hiking the price back up to what used to be support and is likely now resistance. You can also see there are some NZD high impact releases coming well before the next Asian session begins.
Look at the current action in the S&R area! Wonder if they'll get it above the whole number.
- #65,019
- Feb 4, 2014 11:36am Feb 4, 2014 11:36am
- Joined Mar 2008 | Status: PVSRA with Traderathome | 23,552 Posts
- #65,020
- Feb 4, 2014 11:46am Feb 4, 2014 11:46am
- | Membership Revoked | Joined Jun 2011 | 2,124 Posts
{quote} AU Long Trade Closed: Manually closed trade for 1.904.1 pips gain. {image}
fokyou forexfactory