Trading is not easy
- #70,062
- Edited 10:16am Apr 30, 2014 9:57am | Edited 10:16am
- Joined Jan 2007 | Status: Senior Member | 6,517 Posts
One Traders Opinion;
IMO, the true value of trading PVSRA can be seen by dropping down to the 1m chart, zooming out and observing how MM's use the key levels depicted on your Sonic charts as support/resistance and manipulate price. (I am not suggesting to trade this t/f but to only observe PA) I feel the sometimes hidden/cloaked intentions of MM's can be revealed with a true understanding and observation how these levels are used coupled with the coincided volume not seen on the higher t/f's. Granted, trading higher t/f's during the LS can and will offer more reliable classic set ups reaping the trader more pips with far fewer whipsaws and noise. The trader, then armed with the knowledge of PVSRA and a true understanding of the MM's intentions must choose, based on his/her personality, time available to trade, account size/tolerance for draw downs and other personal preferences the most favorable t/f's to trade. (Oh and of course most importantly, the time allowed by the trader's Husband/Wife or significant other to trade
)
Note: On the chart below, you can easily see how price is whipped and whacked at these key levels and the associated volume.
Many pips to all
Regards,
Cigarguy
IMO, the true value of trading PVSRA can be seen by dropping down to the 1m chart, zooming out and observing how MM's use the key levels depicted on your Sonic charts as support/resistance and manipulate price. (I am not suggesting to trade this t/f but to only observe PA) I feel the sometimes hidden/cloaked intentions of MM's can be revealed with a true understanding and observation how these levels are used coupled with the coincided volume not seen on the higher t/f's. Granted, trading higher t/f's during the LS can and will offer more reliable classic set ups reaping the trader more pips with far fewer whipsaws and noise. The trader, then armed with the knowledge of PVSRA and a true understanding of the MM's intentions must choose, based on his/her personality, time available to trade, account size/tolerance for draw downs and other personal preferences the most favorable t/f's to trade. (Oh and of course most importantly, the time allowed by the trader's Husband/Wife or significant other to trade
)Note: On the chart below, you can easily see how price is whipped and whacked at these key levels and the associated volume.
Many pips to all
Regards,
Cigarguy
Keep It Simple
- #70,063
- Apr 30, 2014 10:04am Apr 30, 2014 10:04am
UC: long opened
In this case, we can see how MMs took the price below a hole number. Due to UC and EU are highly correlated (negatively), I'll probably do the same on EU as soon as I check the chart.
In this case, we can see how MMs took the price below a hole number. Due to UC and EU are highly correlated (negatively), I'll probably do the same on EU as soon as I check the chart.
- #70,064
- Apr 30, 2014 10:16am Apr 30, 2014 10:16am
One Traders Opinion; IMO, the true value of trading PVSRA can be seen by dropping down to the 1m chart, zooming out and observing how MM's use the key levels depicted on your Sonic charts as support/resistance and manipulate price. (I am not suggesting to trade this t/f but to only observe PA) I feel the sometimes hidden/cloaked intentions of MM's can be revealed with a true understanding and observation how these levels are used coupled with the coincided volume not seen on the higher t/f's. Granted, trading higher t/f's during the LS can and will...
Check your emotions. How are you?
- #70,065
- Apr 30, 2014 10:22am Apr 30, 2014 10:22am
One Traders Opinion; IMO, the true value of trading PVSRA can be seen by dropping down to the 1m chart, zooming out and observing how MM's use the key levels depicted on your Sonic charts as support/resistance and manipulate price. (I am not suggesting to trade this t/f but to only observe PA) I feel the sometimes hidden/cloaked intentions of MM's can be revealed with a true understanding and observation how these levels are used coupled with the coincided volume not seen on the higher t/f's. Granted, trading higher t/f's during the LS can and will...
The wife part, lucky my wife doesn't care much haha.
Many thanks!
More Cigar and Brandy to come!
-AdrianC.
- #70,066
- Apr 30, 2014 10:29am Apr 30, 2014 10:29am
- Joined Jan 2007 | Status: Senior Member | 6,517 Posts
{quote} Awesome enlightenment. You also start combining with HA candles. The wife part, lucky my wife doesn't care much haha. Many thanks! More Cigar and Brandy to come!
I use both, Sonic R candles and testing HA's. I have older eyes and the brighter HA's are a bit easier to see while looking at 3 sometimes 4 monitors. I can stand across the room and see red and green at a glance. No other significance for me.
Regards,
Cigarguy
Keep It Simple
- #70,067
- Edited 11:09am Apr 30, 2014 10:42am | Edited 11:09am
- Joined Jan 2007 | Status: Senior Member | 6,517 Posts
Look at these wicks. Can you tell it's a big news day. The candle bodies hardly changed only the wicks?
Keep It Simple
- #70,069
- Edited 11:22am Apr 30, 2014 11:11am | Edited 11:22am
- | Joined Mar 2014 | Status: Trader | 84 Posts
Hi sonicdeejay and traderathome,
I want to express my gratitude about the amazing system that you developed. Many thanks for all your hard work and for sharing this system with us.
I am following this thread for almost 2 weeks, I’ve read all the documentation from the first post for three times now and each time I’ve learn something new.
In the following weeks I’ll be a silent lurker, watching this thread closely, because I still have a lot to understand to be able to master this system.
For those who ask questions about MM’s being bull or bear or other questions about how to understand the charts please listen to me re-read the documentation from the first post. I will guaranty you that each time that you will re-read you will understand better how to interpret the charts. Like it is specified in the first post.
I am fully aware that myself included I’ll have to re-read the documentation because I still have a lot to learn.
And TAH is absolutely right when saying that the posted charts should have all the information, because this is how we are learning. Sometimes I wanted to ask questions about some charts because they were not complete but in the end I skiped them because I didn’t want to pollute the thread. It’s better and time saving if all the information is on the charts when the post is created.
In the end I’ll post some of my today’s entries because like it is said no picture no post. Sorry for the squeezed pictures, as i said i have a lot to learn and i don't want to mislead other colleagues. 840pips banked today...not bad...demo account
I’m looking for longing USD, because this is what MMs are accumulating in my opinion and I don’t want to be counter MM’s. Look for next big volumes
Many thanks again to all that helped me and are helping me to master this system.
I want to express my gratitude about the amazing system that you developed. Many thanks for all your hard work and for sharing this system with us.
I am following this thread for almost 2 weeks, I’ve read all the documentation from the first post for three times now and each time I’ve learn something new.
In the following weeks I’ll be a silent lurker, watching this thread closely, because I still have a lot to understand to be able to master this system.
For those who ask questions about MM’s being bull or bear or other questions about how to understand the charts please listen to me re-read the documentation from the first post. I will guaranty you that each time that you will re-read you will understand better how to interpret the charts. Like it is specified in the first post.
I am fully aware that myself included I’ll have to re-read the documentation because I still have a lot to learn.
And TAH is absolutely right when saying that the posted charts should have all the information, because this is how we are learning. Sometimes I wanted to ask questions about some charts because they were not complete but in the end I skiped them because I didn’t want to pollute the thread. It’s better and time saving if all the information is on the charts when the post is created.
In the end I’ll post some of my today’s entries because like it is said no picture no post. Sorry for the squeezed pictures, as i said i have a lot to learn and i don't want to mislead other colleagues. 840pips banked today...not bad...demo account
I’m looking for longing USD, because this is what MMs are accumulating in my opinion and I don’t want to be counter MM’s. Look for next big volumes
Many thanks again to all that helped me and are helping me to master this system.
- #70,070
- Apr 30, 2014 11:12am Apr 30, 2014 11:12am
- Joined Jan 2007 | Status: Senior Member | 6,517 Posts
Keep It Simple
- #70,071
- Apr 30, 2014 11:43am Apr 30, 2014 11:43am
- Joined Mar 2013 | Status: In the learning phase.. | 1,377 Posts
EU - long. Nice clue of buying on the chart. {image}
Whatever is obvious is obviously wrong!"
- #70,075
- Edited 1:20pm Apr 30, 2014 1:09pm | Edited 1:20pm
- Joined Mar 2013 | Status: In the learning phase.. | 1,377 Posts
Whatever is obvious is obviously wrong!"
- #70,078
- Apr 30, 2014 1:44pm Apr 30, 2014 1:44pm
EURUSD:
close 17 longs, I prefer to initiate build shorts on GBPJPY, it gives more pips... Sometimes is difficult to choose which instrument to invest. Some instruments make more pips, but costs more margin.
close 17 longs, I prefer to initiate build shorts on GBPJPY, it gives more pips... Sometimes is difficult to choose which instrument to invest. Some instruments make more pips, but costs more margin.
- #70,079
- Apr 30, 2014 1:46pm Apr 30, 2014 1:46pm
- Joined Mar 2013 | Status: In the learning phase.. | 1,377 Posts
EURUSD: close 17 longs, I prefer to initiate build shorts on GBPJPY, it gives more pips... Sometimes is difficult to choose which instrument to invest. Some instruments make more pips, but costs more margin. {image}
Nice building Whatever is obvious is obviously wrong!"
- #70,080
- Apr 30, 2014 1:54pm Apr 30, 2014 1:54pm
- Joined Mar 2011 | Status: Pip Boy Wonder | 1,378 Posts
