PVSRA (Price, Volume, S&R Analysis)

Well, for longs - may be its better for me to wait until the resistance broke. then pullback and bouncing as a classic wave. The parice should cross abve the dragon EMA at least on M15 TF. There are two more left big momentum, we need to wait patiently.
-MJ

Thank you

Possible long entry AFTER the news release. MM could be pushing the price lower with low volume could be a sign of bear exhaustion??
Just my guess tho..

Robber Bank MMs at Work Stealing Money to Fill Their Own Orders: NZDUSD

Stop hunting longs. 100+ pips down off of HOD (High of Day). No event except upcoming USD high impact release. So, looks like they are taking out longs ahead of time and so they will have price nice and low (below a whole number) for the event. Time will tell.

I think it very important we all note that the volume on this take down move is nothing out of the normal. Noticing this should further reinforce within us how easily the MMs can move price thru the price queue when they want to, and that they have total mastery of the price, and that it is they - not buyers and sellers - that move price.

This fact about how the market REALLY works is a key element in PVSRA, and it is why indicator dependent traders always find that their indicators fail at such times when the Robber Bank MMs decide to exert their authority over price in order to fill their own orders by stealing other peoples' money and using it for that purpose.

This is akin to playing roulette where the "dealer" can - whenever he/she wants to - ignore where the ball might normally land, and instead simply call our the winning number they want. If you happen to be on it, great. If not, too bad.


And now, and still ahead of the USD release, look how the volume swelled AFTER the MMs whacked the price! Sure it swelled. They loaded up on longs below the whole number! And remember too, each order below the whole number could well be much, much larger on the average than the preceding orders in the same TF. Volume is count of ticks - the number of times that price changed - not the size of the deal! Gals and Guys, this is how the market really works. The Robber Bank MMs are globally interlinked, have total control of price, and do conspire to steal other peoples' money.

One more salient point is deserving of being made. We should always be cautious about forming a bias before the LS, even before the US session a lot of times,......for this very reason, and whether there are USD high impact releases or not. This is why, in addition to PVSRA we can benefit by waiting for signs of momentum before trading. In other words, even though price has been moving in agreement with PVSRA, not to trade on "best looking" price alone, but on a combination of "decent" price and signs of momentum.

From Post 1:

MMs are Market Manipulators of Price, and Thieves!
The "market" is the sole creation of the Robber Banks that "make the market". While it serves the world of commerce, they run it to make profits. And they opened the market up to foster prolific currency trading by others for the sole purpose of making more profits. They move prices up and down to "create liquidity" to fill the orders of SM (Smart Money) and DM (Dumb Money), for the commissions they make by filling the orders. When they have some orders above the current price and some below the current price, who do you think determines the sequence of direction and distance the price is going to move so these orders can be filled? And always - since they know how they are going to move price next - they take positions themselves to make additional profits.

They do this by:
1. Manipulating price to sucker into the market DM that is taking the wrong side position.
2. Manipulating price to sucker into the market SM that is taking the right side position, but too soon, and later manipulating price to hit their stops.

They have total control of pricing, and by these actions they effectively "steal" from others the money to fill their own "right side" positions before moving the price to the next area they have decided on for filling orders, and for taking profit on their positions built beforehand. Don't get me wrong. I do not object to the market volatility these thieving Robber Banks create. We need it. But we also need to understand what these people are like, the cloth they are cut from. They are crooks, and we have to be extra careful about trading in the market they operate. On some special days you can see them in their true colors. We should witness it. Take note of it. Speak of it. And remember it!

EU Short is hold & sell

Market Comment: EURUSD

Compare AU, EU, GU and NU and you will see that all but EU have been whacked 100+ pips from HOD ahead of the coming USD release. EU has been whacked the least of them all. And so, it might be a sign of strength. It has been whacked below a whole number, a PVSRA indication of bulls. If a trader is watching the xxxUSD pairs, EU might be the best choice.

The price whacking it has received has only taken price right back down to the area of important consolidation of late, below the whole number. And so, this move might only be to fill more - new - SM orders for longs, while at the same time the MMs are stealing other peoples' money to fill their own additional longs. Just keep in mind that if this is the case, sometime after the MMs fill SM long orders, they might turn coat and run a stop hunt on them too,....seeing as how this has not been whacked as much as the others. In other words, the rest of the whacking might be yet to come!

Time will tell.

Hi WangXun can you please explain what the PA in the black boxes means. To me, the first one signifies buying as it been pushed down and with high volumes near the lows.

Market Comment: GBPJPY

Of the xxxJPY pairs, this is best positioned to show bullish momentum if price starts to move up.

I'm Sorry, English is not my mother tongue, and you'd better ask my teacher Pro TAH to explain.
PS: You came FF early. 2008!!! That year I was on the second grade, and going to a British high school for one year was a very enjoyable and exciting experience for me!

Nope!

WangXun,

It is not for me to explain the annotation of another person's charts. This is your contribution here, and your responsibility to do good work of it. Besides, it will exercise your language muscle and increase your language skill.

-tah

EURJPY Long Trade Open:

I thought GJ would show bullish momentum first, but EJ is ahead in that department. I enter this while price is still below half level, anticipating momentum rather than actually having it. Could be a mistake. No TP, SL at this time.

EURJPY Comment:

Tah, pls check H4, bearish engulfing on top,
I'm on laptop, Will post later..

Why did eurusd rise when the news for Pending Home Sales m/m is good for usd?

Never "News"

Never trade the content of news! Pay no attention to it. The only thing important about releases is when they come, because the Robber Bank MMs will do with price whatever they decide to do with the price, but you need to be aware of when that might take place.

Never ever make an assumption about how price will move based on what is said about releases before or after they come, nor based on their actual content. Never! In fact, you should totally divorce yourself from reading anything! Pay attention to your chart. That is all that is important. The MMs will decide what they are going to do and then you can proceed with them.

This makes trading easier and more profitable.

-tah

Absolutely agree TAH...
MMs always have their own authority to control the market, its always. yes they are the "Market Manipulators". Thats why all traders here or the others, need to wait the confirmation of any PVSRA clues before execution their order, waiting patiently the best momentum to jump. Absolutely agree with u prof.

GBPUSD Short Trade Closed:
SL too close and hit, but re-entered the trade. Playing with SL always, there is room enough to improve.. 110 pips total gain.

EURJPY comment:
Do you mean the yellow mark on my ss is bearish engulfing? I think its too soon to conclude. All the general chart pattern such as bearish engulf, HnS, etc..would be valid if it confirmed by a direct reaction which can reinforce the assumptions. the better confirmation is not just the form of open and close bar as price reaction, much better than this- we need such as complete PVSRA confirmation which would give us a better clues to confirmed.
--MJ

Are you trying to teach me about patterns or another foreign language??

EURJPY:
This is what I ment, but does not look so scary anymore..


Was out of the Office the whole day and laptop screen is much smaller than PC, couldn't see clearly..

wkwkwkwkkwkwwk, sorry, ill edit my comment. hahahaha ... LOL,... my bad

Together with your previous posts on this pair you gave us an excellent step-by-step "instructions for use" for our trading in general!