"Bulls make money, Bears make money, but hogs get slaughtered"
PVSRA (Price, Volume, S&R Analysis)
- #422
- May 31, 2015 8:34pm May 31, 2015 8:34pm
- Joined Mar 2008 | Status: PVSRA with Traderathome | 23,552 Posts
- #424
- May 31, 2015 11:47pm May 31, 2015 11:47pm
- Joined Aug 2014 | Status: The Fool | 1,635 Posts
Do it like a Fool
- #425
- Edited 1:26am Jun 1, 2015 1:14am | Edited 1:26am
- Joined Jan 2015 | Status: PVSRA with Traderathome | 1,689 Posts
HI all, new in this. some thought of the chart EURAUD: consolidation at the round number MM will whack down to RDL before going up again {image}
Better wait for the Volume to rise- absolutly no clear direction, consolidation under and above the whole number- MMs will show the clues 30 min into LS.
With the low volume like at the moment manipulation is childs play to them!
Knowing when to fold- not trade- lowering the risk- avoiding the danger is important part of trading!
PVSRA
- #426
- Jun 1, 2015 1:34am Jun 1, 2015 1:34am
- Joined Aug 2014 | Status: The Fool | 1,635 Posts
{quote} EURAUD Comment: Better wait for the Volume to rise- absolutly no clear direction, consolidation under and above the whole number- MMs will show the clues 30 min into LS. With the low volume like at the moment manipulation is childs play to them! {image} Knowing when to fold- not trade- lowering the risk- avoiding the danger is important part of trading!
Do it like a Fool
- #427
- Jun 1, 2015 1:40am Jun 1, 2015 1:40am
- Joined Jan 2015 | Status: PVSRA with Traderathome | 1,689 Posts
EURUSD Comment:
The same with this pair. While building position for themselves (which direction we cannot know), they are creating liquidity with hunting SL in both directions- more times- under and above the half level.
And all that going on in the middle between yHI and yLO.
Trend flat!
For trading, there must be a good angle and momentum- volume supported.
It is only monday morning and start of the new month, we have more than enough time for some green pips.
The same with this pair. While building position for themselves (which direction we cannot know), they are creating liquidity with hunting SL in both directions- more times- under and above the half level.
And all that going on in the middle between yHI and yLO.
Trend flat!
For trading, there must be a good angle and momentum- volume supported.
It is only monday morning and start of the new month, we have more than enough time for some green pips.
PVSRA
- #428
- Jun 1, 2015 2:26am Jun 1, 2015 2:26am
- Joined Jan 2015 | Status: PVSRA with Traderathome | 1,689 Posts
EURAUD Short Trade Open: Trend angled down and PA supporting shorts.
EURAUD Short Trade Update:
SL moved to BE.
EURAUD Short Trade Open: Trend angled down and PA supporting shorts. {image}
SL moved to BE.
PVSRA
- #430
- Jun 1, 2015 3:01am Jun 1, 2015 3:01am
{quote} USDCAD Short Trade Closed. The plan did his job, stay green with The Triple "P" ---> PVSRA, Patient, and PlanMJ {image}
"Bulls make money, Bears make money, but hogs get slaughtered"
- #431
- Edited 3:29am Jun 1, 2015 3:12am | Edited 3:29am
- Joined Jan 2015 | Status: PVSRA with Traderathome | 1,689 Posts
EURAUD Short Trade Open: Trend angled down and PA supporting shorts. {image} {quote} EURAUD Short Trade Update: SL moved to BE. {image}
80 pips total gain.Expecting a retrace. Closer to the trend maybe.. If I will re-enter in LS, then above the quarter level.
{quote} EURAUD Short Trade Closed: Expecting a retrace. 80 pips total gain. Closer to the trend maybe.. If I will re-enter in LS, then above the quarter level. {image}
Re-entered.
{quote} EURAUD Short Trade Closed: 80 pips total gain.Expecting a retrace. Closer to the trend maybe.. If I will re-enter in LS, then above the quarter level. {image} {quote} EURAUD Short Trade Open: Re-entered. {image}
SL moved to BE.
PVSRA
- #433
- Jun 1, 2015 3:48am Jun 1, 2015 3:48am
{quote} EURAUD Short Trade Closed: 80 pips total gain.Expecting a retrace. Closer to the trend maybe.. If I will re-enter in LS, then above the quarter level. {image} {quote} EURAUD Short Trade Open: Re-entered. {image} {quote} EURAUD Short Trade Update: SL moved to BE. {image}
"Bulls make money, Bears make money, but hogs get slaughtered"
- #434
- Jun 1, 2015 4:02am Jun 1, 2015 4:02am
- Joined Jan 2015 | Status: PVSRA with Traderathome | 1,689 Posts
{quote} Dancing-dancing-dancing....
Looks like we are motivated with this nice PVSRA templates.
{quote} EURAUD Short Trade Closed: 80 pips total gain.Expecting a retrace. Closer to the trend maybe.. If I will re-enter in LS, then above the quarter level. {image} {quote} EURAUD Short Trade Open: Re-entered. {image} {quote} EURAUD Short Trade Update: SL moved to BE. {image}
SL hit. 22 pips total gain- together 102 pips total gain.
PVSRA
- #435
- Edited 5:31am Jun 1, 2015 4:25am | Edited 5:31am
#EDIT
thanks for your comment Fisher755 and i'll edit my post....
btw, i trade for an intraday... i was open my position in the morning here because my analysis tell me that is a good to start because the price on sideways and htf tell me that the trend is going down... so i made a decision to open short position and at the moment my sl change to sl+ and lets the profit run till next support on h4
#sonigl 
thanks for your comment Fisher755 and i'll edit my post....
btw, i trade for an intraday... i was open my position in the morning here because my analysis tell me that is a good to start because the price on sideways and htf tell me that the trend is going down... so i made a decision to open short position and at the moment my sl change to sl+ and lets the profit run till next support on h4
#sonigl
{quote} Yep, nice dancing from your side, too..
New to PVSR...reading since the thread started and still learning...
thanks
- #438
- Jun 1, 2015 4:47am Jun 1, 2015 4:47am
- Joined Jan 2015 | Status: PVSRA with Traderathome | 1,689 Posts
sonigl and Vicotshir3,
did you two read post #1???
This is a textbook thread- for newcomers to learn and your charts are not according to the rules!
Could you please edit and think of other traders that need to get a chance to learn, just like us?
Tah and other contributors put a lot of dedicated work into the PVSRA Template and Indis, we should show our respect for this work
and use it while posting here.
did you two read post #1???
This is a textbook thread- for newcomers to learn and your charts are not according to the rules!
Could you please edit and think of other traders that need to get a chance to learn, just like us?
Tah and other contributors put a lot of dedicated work into the PVSRA Template and Indis, we should show our respect for this work
and use it while posting here.
PVSRA
- #440
- Jun 1, 2015 4:54am Jun 1, 2015 4:54am
- Joined Jan 2015 | Status: PVSRA with Traderathome | 1,689 Posts
{quote} How many currencies are you trading? New to PVSR...reading since the thread started and still learning... thanks
I think I used 16 till today,
but not sure if I traded all.
One or two in a day is more than enough for me if the direction is clear.
I would rather adjust the size than watch too many pairs at once..
PVSRA