Disliked{quote} GBPUSD Short Trade Open: Entered very small on a pullback. No TP yet. {image}Ignored
I believed you did an entry on GBPAUD based on your SS...good luck!
PVSRA (Price, Volume, S&R Analysis)
- #642
- Jun 2, 2015 10:16pm Jun 2, 2015 10:16pm
- Joined Jan 2015 | Status: PVSRA with Traderathome | 1,689 Posts
{quote} Hi Fisher I believed you did an entry on GBPAUD based on your SS...good luck!
it is much smaller position than my normal becouse of higher risk without real volume during AS, but it looks like a pullback to me.
The risk counted.
And plan to close before high impact news.
PVSRA
- #643
- Jun 2, 2015 10:51pm Jun 2, 2015 10:51pm
Attempting to understand and analyze Fisher's GA trade.
After reading Mauro explanation which is really detailed, I have a better idea of Robber Bank.
Thanks Mauro for your amazing effort!
Box #1
MM hike price up to close long and open shorts above 2.0000 whole number (High activity + Small spread candles) after seeing bulls being weak (Fake up).
Box #2
MM keep hiking price up to 2.0000 to open more shorts rapidly. If MM truely wanna open long and close short... those green activities will come from the bottom of the box.
Box #3
High activity near the 2.0000 area again. MM must be up to something. Signs are not very clear yet. Price eventually broke 1.990 area. MM are definitely BEARS! MM making the run after shorting at the top multiple times.
Box #4
Price eventually pull back to S/R level after MM taking profits. Guess what! High activity below the 1.990 area. Keeping in mind, Robber bank always wanna short at the top long at the bottom. This might potentially be Bearish MM again with nice confluence around resistance area. Price went below EMA where you can open short (Classic setup)
Box #5
After noticing MM like to short around the EMA area making the run down. Box #5 might actually be a nice pullback area to short if there is high activity again.
Sorry, if i make any mistake... Newbie learning here.
After reading Mauro explanation which is really detailed, I have a better idea of Robber Bank.
Thanks Mauro for your amazing effort!
Box #1
MM hike price up to close long and open shorts above 2.0000 whole number (High activity + Small spread candles) after seeing bulls being weak (Fake up).
Box #2
MM keep hiking price up to 2.0000 to open more shorts rapidly. If MM truely wanna open long and close short... those green activities will come from the bottom of the box.
Box #3
High activity near the 2.0000 area again. MM must be up to something. Signs are not very clear yet. Price eventually broke 1.990 area. MM are definitely BEARS! MM making the run after shorting at the top multiple times.
Box #4
Price eventually pull back to S/R level after MM taking profits. Guess what! High activity below the 1.990 area. Keeping in mind, Robber bank always wanna short at the top long at the bottom. This might potentially be Bearish MM again with nice confluence around resistance area. Price went below EMA where you can open short (Classic setup)
Box #5
After noticing MM like to short around the EMA area making the run down. Box #5 might actually be a nice pullback area to short if there is high activity again.
Sorry, if i make any mistake... Newbie learning here.
- #644
- Edited Jun 3, 2015 12:22am Jun 2, 2015 11:19pm | Edited Jun 3, 2015 12:22am
- Joined Jan 2015 | Status: PVSRA with Traderathome | 1,689 Posts
NZDUSD Long trade open... MM looks like gathering long and closing short below Whole number 0.71000. Looks like pushing price up and adding long around the EMA area. High activities above half number 0.71500. {image} Do comment. Still learning...
I hope you are trading on demo..
This might go up (or down), but we cannot know when!
Imo, you position is much too big for AS trading. I advise to leave the space for adding if the trade goes against you or closing small red.
With such big position you cannot close small red in case of a sudden SL hunt or bearis gigantic candle, can you?!
Look at your chart- this is classic "buying high" and gambling with big position while buying high! And all this with low volume and high risk of manipulation from MMs.
( Unless you are rich, of course, but then you would not be trading, would you?)
Avoid the danger!
And another thing:
In the begining of trading the pips are important.
If you can stay green with pips for months, it is no problem to start using bigger positions.
trading is kind of a job, not rullete..
PVSRA
- #645
- Jun 3, 2015 12:13am Jun 3, 2015 12:13am
- Joined Jan 2015 | Status: PVSRA with Traderathome | 1,689 Posts
GBPAUD Short Trade Open: Entered very small on a pullback. No TP yet. {image}
Closed small red, better to wait for LO. PA mostly under the whole level, not good for shorts. 39,6 pips total loss.
PVSRA
- #647
- Edited 1:35am Jun 3, 2015 12:59am | Edited 1:35am
- Joined Jan 2015 | Status: PVSRA with Traderathome | 1,689 Posts
PVSRA
- #648
- Jun 3, 2015 1:26am Jun 3, 2015 1:26am
Is it wise to place trades using this strategy around news?
Lets me expalined you about News;
For me "News" is just an issue which blown-up by certain parties. Since the "News" is just an issue, any news will only concrete when it released and determiner the price. In other words, the important thing on the "news" is the impact and all previous clues before it released. "News" is also a kind of momentum for MMs to pump or push the price to the upward or downward, more higher or lower and often involved nice activity in it. So, the key is just "how you could read the market as best as you can"; and to do that u just need "PVSRA", cz with the "PVSRA" you will be able to read how the market relly works, and this also means that with "PVSRA" you will be able to estimate what is being considered by MMS - before the news or after the news released or even the day without news. So, based on an understanding of this concept - without the ability to read the market well you will only waste your money and times in this business. And, since the "PVSRA" is agreat method to read the market intended to understanding how the market really works, so without a good PVSRA reading you cant understanding the market - you know how it will end...!
Regards..
MJ
"Bulls make money, Bears make money, but hogs get slaughtered"
- #649
- Jun 3, 2015 1:36am Jun 3, 2015 1:36am
- Joined Jan 2015 | Status: PVSRA with Traderathome | 1,689 Posts
{quote} TraderRaven7; Lets me expalined you about News; For me "News" is just an issue which blown-up by certain parties. Since the "News" is just an issue, any news will only concrete when it released and determiner the price. In other words, the important thing on the "news" is the impact and all previous clues before it released. "News" is also a kind of momentum for MMs to pump or push the price to the upward or downward, more higher or lower and often involved nice activity in it. So, the key is just "how you could read the market as best as...
Attempting to understand and analyze Fisher's GA trade. After reading Mauro explanation which is really detailed, I have a better idea of Robber Bank. Thanks Mauro for your amazing effort! Box #1 MM hike price up to close long and open shorts above 2.0000 whole number (High activity + Small spread candles) after seeing bulls being weak (Fake up). Box #2 MM keep hiking price up to 2.0000 to open more shorts rapidly. If MM truely wanna open long and close short... those green activities will come from the bottom of the box. Box #3 High activity near...
And not waiting for LS.
PVSRA
Congrats..
- #654
- Jun 3, 2015 2:29am Jun 3, 2015 2:29am
- Joined Jan 2015 | Status: PVSRA with Traderathome | 1,689 Posts
PVSRA
- #656
- Edited 2:52am Jun 3, 2015 2:38am | Edited 2:52am
- Joined Jan 2015 | Status: PVSRA with Traderathome | 1,689 Posts
{quote} Thanks Fisher755, I deleted Classic Summary. Best Regards, ...
Great that you want to help, but we should read all the posts from the past to be informed.
(I read every post 2 or 3 times couse it is not my native language and to avoid misunderstanding .)
Like Mauro-J mentioned,
we should apply PVSRA first,
and then jump in with good momentum and PA after the news.
PVSRA
- #657
- Edited 3:07am Jun 3, 2015 2:51am | Edited 3:07am
EURJPY long trade opened,
For me, its looks a very nice whacki'n trick by MMs to create liquidities by triggering the price to the downward side to decieved the panic seller of the retailer who jump on shorts earlier, so MMs could open more longs from the lows and got bonus by fooling and stealing from others. Really nice trick by the robber from uk. based on that view point, i tried to use it as my longs opportunity. I dont know how MMs will move the price in the next future, but I try to be consistent with the approach based pvsra reading I have made - Or maybe I was part of the trick is to be deceived by MMS?
I dont have the answere for now, just let the time tell how it will end..
MJ
For me, its looks a very nice whacki'n trick by MMs to create liquidities by triggering the price to the downward side to decieved the panic seller of the retailer who jump on shorts earlier, so MMs could open more longs from the lows and got bonus by fooling and stealing from others. Really nice trick by the robber from uk. based on that view point, i tried to use it as my longs opportunity. I dont know how MMs will move the price in the next future, but I try to be consistent with the approach based pvsra reading I have made - Or maybe I was part of the trick is to be deceived by MMS?
I dont have the answere for now, just let the time tell how it will end.. MJ
"Bulls make money, Bears make money, but hogs get slaughtered"
- #658
- Jun 3, 2015 3:11am Jun 3, 2015 3:11am
- Joined Aug 2014 | Status: The Fool | 1,635 Posts
Do it like a Fool
- #660
- Edited 3:32am Jun 3, 2015 3:13am | Edited 3:32am
Hi everyone ! Great thread with great people sharing their knowledge! Tah and everyone else that helped build this system and way of trading, thank you!!
I would like to make my first post and get your opinion about it. I don't know if you trade anything else apart from currencies, because I would like to make a comment about oil if I get it right.
Price action below the whole number 61.000 but not enough volume
Possible bounce on the ema.
I would like to make my first post and get your opinion about it. I don't know if you trade anything else apart from currencies, because I would like to make a comment about oil if I get it right.
Price action below the whole number 61.000 but not enough volume
Possible bounce on the ema.