insanity: Doing the same thing over... and expecting different results -AE
- #67,103
- Mar 10, 2014 1:10pm Mar 10, 2014 1:10pm
EU, MM's possibly attempting to mask run down by stopping vol. to build additional shorts and selling slowley? and/or H4 pullback with more upward momentum....Thoughts!{image} {image}
Do you mind to explain further MM possibly to build short...?
I read PVRS PDF but still cant understand the reason behind...
- #67,104
- Edited 2:40pm Mar 10, 2014 2:28pm | Edited 2:40pm
- Joined Jan 2007 | Status: Senior Member | 6,517 Posts
{quote} Cigarguy, Do you mind to explain further MM possibly to build short...? I read PVRS PDF but still cant understand the reason behind...
I was not saying that they were building my post was for discussion. PVSRA
PVSRA stands for Price, Volume, Support, Resistance Analysis. Price includes consideration of individual candlestick configurations as well as the pattern, or flow of price action in general. Volume (count of trades on the broker server) that increases notably relative to immediately preceding volumes is what to look for. Support and resistance refers primarily to the quarter divisions between whole numbers, with whole numbers, half numbers and finally the 1/4 and 3/4 numbers being important in that order. Other support and resistance areas formed by past price action are also to be considered.
The premise behind the analysis is that those entities that move prices have established habits. When the price moving entities are bulls they like to move prices below key S&R to do their buying. When they are bears they like to move prices above key S&R to do their selling. So, we can determine if the price moving entities are bulls or bears by finding out where (above or below key S&R) they are doing most of their trading. Once we determine the bull/bear status of the price moving entities, we can analyze futher to see if they are in a "position building" mode, or if they are in a "run for profits" mode. It is the "run for profits" mode that we want to trade.
Bulls can repeatedly move prices down for buying (position building) before they start moving prices up for profit, but even during their run up for profits they can repeatedly pull prices back down to add more longs (trading opportunity). Bears can repeatedly move prices up for selling (position building) before they start moving prices down for profits, but even during their run down for profits they can repeatedly pull prices back up to add more shorts (trading opportunity). We can determine if these entities are bulls or bears, but we cannot know when they will finish position building and turn prices in the profit making direction. To avoid getting trapped in a prolonged position building phase by these entities, it is best to wait for a trading opportunity in the run for profit phase instead.
There are clues as to which mode, position building or profit making, the price moving entities are in. For example, if they are bulls and prices are generally falling and they are doing most of their trading below key S&R and other lows, then they are position building. If prices are generally rising and they are doing most of their trading below key S&R and other lows on pullbacks, then they are running the price for profits. Now if they are bears and prices are generally rising and they are doing most of their trading above key S&R and other highs, then they are position building. If prices are generally falling and they are doing most of their trading above key S&R and other highs on pullbacks, then they are running the price for profits.
The various colors used by the PVA Candles and PVA Volumes indicators (and regardless of the actual color), denote when notable increases in volume occur to help you conduct your PVSRA to determine if the price moving entities are bulls or bears, and if they are position building or making a run for profits.
Keep It Simple
- #67,105
- Mar 10, 2014 3:55pm Mar 10, 2014 3:55pm
- | Commercial User | Joined Aug 2013 | 2,935 Posts
Scan all 28 Forex pairs with ONE chart... Currency Strength28 Indicators
- #67,107
- Mar 10, 2014 6:24pm Mar 10, 2014 6:24pm
- Joined Jan 2007 | Status: Senior Member | 6,517 Posts
Keep It Simple
- #67,108
- Edited 8:28pm Mar 10, 2014 7:36pm | Edited 8:28pm
- Joined Mar 2008 | Status: PVSRA with Traderathome | 23,552 Posts
- #67,111
- Edited 2:49am Mar 11, 2014 2:27am | Edited 2:49am
- Joined Mar 2008 | Status: PVSRA with Traderathome | 23,552 Posts
{quote} I was wrong. I realized later. And I had no time to warn blessdtj, which I apologize, because I had to be away. But that does not give more value to the way you interpret the market. While the smart money moves the market, of course, is not the way you interpreted. Just look at your operations to know. Everyone makes mistakes, but mine are solved with low drawdown. I do not promote wave analysis. I say we keep that in mind, along with other tools, to increase chances. What I can not do is sell where to buy because the volume increase. That...
You claim the market moves are not the way I interpret? Just look at my operations to know?
First off, I am profitable; over 9,000 pips last week alone. I post my trades real-time, too. I win some. I lose some. All are posted for the world to see. And I am the first one here to keep pronouncing that we cannot know how price will move next!
Why are you inventing the lies you post here on this thread? Keep it up and I guarantee you, you will be gone from here.
Also, you say, "Everyone makes mistakes, but mine are solved with low drawdown."
Oh? Really? And just how are all of we Sonicers to know this to be the truth since you do not post real-time trades? In fact, you haven't posted any trades! You might not even be a trader! In any case, I have had enough of your lying. Consider what you post very carefully from here on. I Strongly suggest you limit your posts to real-time trades, with clearly annotated charts, so all Sonicers can see the fact of how well you actually do.
-tah
- #67,113
- Mar 11, 2014 2:56am Mar 11, 2014 2:56am
- Joined Mar 2008 | Status: PVSRA with Traderathome | 23,552 Posts
{quote} acertaste, You claim the market moves are not the way I interpret? Just look at my operations to know? First off, I am profitable; over 9,000 pips last week alone. I post my trades real-time, too. I win some. I lose some. All are posted for the world to see. And I am the first one here to keep pronouncing that we cannot know how price will move next! Why are you inventing the lies you post here on this thread? Keep it up and I guarantee you, you will be gone from here. Also, you say, "Everyone makes mistakes, but mine are solved with low drawdown." Oh? Really? And just how are all of we Sonicers to know this to be the truth since you do not post real-time trades? In fact, you haven't posted any trades! You might not even be a trader! In any case, I have had enough of your lying. Consider what you post very carefully from here on. I Strongly suggest you limit your posts to real-time trades, with clearly annotated charts, so all Sonicers can see the fact of how well you actually do.
{quote} Please moderate your language. No need to be rude to discuss something. Did I threaten you because I own opinion? Everything I write what I can prove. Make you please respect this thread and express yourself properly. What happens here, if someone does not agree with you, you dismissed? You can not argue, so please leave me alone. 9000 pips are many pips. You must be a rich man. What does here, getting angry with the opinions of others?
Enough! You were fairly warned. Goodbye.
-tah
- #67,114
- Mar 11, 2014 3:06am Mar 11, 2014 3:06am
- Joined Mar 2013 | Status: In the learning phase.. | 1,377 Posts
AU - long. Nice HL is formed and last high volume tells clearly there is strong buying going on. And there is a gap I assume will be filled soon
Whatever is obvious is obviously wrong!"
- #67,116
- Edited 4:44am Mar 11, 2014 4:09am | Edited 4:44am
- Joined Mar 2008 | Status: PVSRA with Traderathome | 23,552 Posts
AU - long. Nice HL is formed and last high volume tells clearly there is strong buying going on. And there is a gap I assume will be filled soon
{quote}I'm clasic and build scouts
I too, like what I see with AU as a long trade opportunity. However, while there is a USD high impact release today, there are two for AUD coming in the Thursday Asian session. This has me wondering if the MMs might just range this for the next day or so, and then whack it back down for loading longs in conjunction with those two AUD releases.
On H1, if the MMs do whack the price before starting a bull run, this could be sort of a double bottom just above the 0.9000 whole number. The MMs might even take the price below the whole number on Thursday. We simply cannot know how price will move next, but there is a lot of time before those AUD releases, and they could just as likely be the "trigger" event.
I have added the DAY chart. Not sure where the best place for a lower TL might be, but in any case there is an engulfing bear bar for Monday, suggesting that this might go further down. Here too, the lower whole number area, maybe somewhat below it, could be where price lands if the MMs have that intent to push prices lower to load better priced longs.
Comments? I am standing down, waiting.
-tah
- #67,118
- Mar 11, 2014 4:38am Mar 11, 2014 4:38am
{quote} From Post #1; Hope this helps
That's mean we need to buy if saw a big volume during price below S&R , sell when big volume above S&R?
My Trading Course" http://www.kaishengchew.com
- #67,120
- Mar 11, 2014 5:00am Mar 11, 2014 5:00am
- | Commercial User | Joined Aug 2013 | 2,935 Posts
AU - long. Nice HL is formed and last high volume tells clearly there is strong buying going on. And there is a gap I assume will be filled soon
But how we can use volume confidential if it is so much different?
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