PVSRA (Price, Volume, S&R Analysis)

Closed with loss and entered long. I Guess MM are Long. There probably want to create a pin bar

AUDUSD

New clue! With that AUD release, the MMs whacked price down to support where it has gently and only slightly bounced. With all the high impact releases still to come, it is too early to be driving this for profit. That could mean "down" is not the future profit direction. Because the MMs now have the price nicely below the half Level, this could also be for the accumulation of more longs, reinforcing that "down" is not the future profit direction.

So, at this point, I am beginning to think bulls are in control behind the scenes, and that this move down was opportunistic, meaning the MMs used the release as a trigger to drop the price to maybe deceive others into thinking bearish while they as bulls are looking for incoming bears for more liquidity. You can see that the volume after the drop is very low and the bounce is very small. The bull MMs are in no hurry to rush price back up, and understandably there is not a lot of activity as this is still the AS, not to mention the possibility that many are standing down from trading out of total confusion.

Another point that might be valid is that if the bulls are controlling things, and naturally not wanting anyone to figure this out quite yet, then it makes sense that they did not continue the drop to below the lower whole Level. We know damn well they could easily have done this. So, the fact that they did not do this might actually support that they are bulls and not wanting to be too obvious about it. This move down was a nice stop hunt on SM long orders the MMs have been filling below the upper whole Level.

The MMs went for the stop hunt on their recent long buying customers, but stopped the price drop before price went below the lower whole Level, in order to keep it from being so obvious they are bulls, because they still need bear orders to supply them with more liquidity. This is how I am looking at this currently. Still, I am not considering trading this yet.

I;m with you TAH and all PVSRA team !Thank you TAH for you hard job !You keep us together and giving us your time and knowledge !

long gbp/aud

How the Market Really Works!

This episode in the story concerns "retraces". We all know what a retrace is, right? It is nothing more than a temporary move opposite the trend that is followed by another trend following move that takes the price further in the trend direction. Simple, right? And, have we not all heard at some point or another that retraces are healthy for the trend? Yes we have. And there it is. A commonly seen aspect of PA, smoothly explained away in very palatable terms,....so, we are all "well informed" and so very happy that the market has "healthy" things going on.

I hope some of you already know where I am going with this, because this is how the market REALLY works. It goes out of it's way to lie and deceive, in order that when you become a trader you will not have your guard up against the many ways the rigged market will try to steal your money. This part of How the Market Really Works is all about the market keeping the sheep as sheep, keeping traders as traders totally clueless that the market is rigged and that they, the sheep, are up against a lot more than the market will ever let them know.

The wonderful retrace, that is so healthy for the trend is nothing but a form of stop hunt on the sheep. It is a move opposite their position intended to force as many as possible to close their position at a loss, and sometimes if they do not close their position, then to forceably liquidate that position, and possibly all other open positions in their over traded accounts simultaneously, via a margin call. The stop hunt in the form of a retrace is not as quick as other stop hunts, but it accomplishes the same purpose, just more slowly, more acceptably,.....a manner of price manipulation carried out in such a finessed way that the sheep see it as something "normal and healthy" for the trend. Of course, it is all bullshit because it is normal only for the Robber Bank MMs that make them happen, and mostly healthy only for them!

And the market will never explain to you the evil truth about such things in the market because it wants you to remain ignorant that the market is rigged and that it has no interest in you other than stealing your money. And stealing your money it is, via unadulterated price manipulations! And the more ignorant you remain, the less you will be on your guard as a trader, and the easier it will be for the deceiving and thieving, price manipulating Robber Bank MMs to take your money.

Why do most traders lose their money in the market? It is because no one really gets an honest course on how the market really works, and they charge off to trade without a clue about how the rigged market really works. They are naive, without their guard sufficiently up and ripe for the Robber Bank MMs to pick them clean, which they do.

And now you have another episode on How the Lying, Deceiving, Bullshit Ridden, Price Manipulated Market Really Works.

En' Garde! One For All and All For One!
tah

GBPAUD

EraNaim,

Excellent trading, congratulations!

I know you are used to the combo MAs, but take a look at our single MA by comparison on this trade. You might do more comparing on your own. If you do, I believe you will come to recognize the advantage in how we have set this up. Of course, you are free to do as you wish. Just trying to help.

tah

Hi TAH - congratulations on your very own thread and on your continuing hard work in helping so many understand the workings of the markets.

Last year I changed to trading the German Stock Market - aka the DAX / GER30 - as it fits in so well with my personal time zone, so here for interest is a chart. As a non-continuous market Dax often has large opening gaps and is currently heavily influenced by the situation in Greece and also by movements in the Euro, so for any interested in trading Dax, please do your research before venturing into its volatile waters - Delta1's thread is a good reference.

Regards

Islander

PS FO is the open of the pre-market and LO the open of the Cash Market in Frankfurt - the Xetra

USDCAD Long Trade Open:
This looks bullish action to me, for now. Let's see.


GBPCAD Comment:
Breaking out? This is to watch closely, maybe entering on retrace when breakout confirmed.


USDCAD Long Trade Closed:
PA no good for USD today. 48 pips total loss.


GBPUSD Long Trade Open/Close:
223 pips total gain.

How the Market Really works? (And life in general).

One of the most deceiving sayings out there is Ignorance is a bliss. Nothing could be further from the truth. It is what you don't know that will kill you. In trading, if you don't know how the market really works, you will lose your money. You have to always be aware of what is really going on if you wish to be successful.

It's simple: either you know and you might get a chance to win, or you don't know and you will surely lose.

Marijan

EURUSD Alert:
This does not look to fall soon.


GBPCAD Long Trade Open:
Based on the breakout and Day chart. Prepared to add in todays range.

No retrace on M15 and long position building under the whole level visible. Very bullish, but some retraces still expected. Start of a run for profits to me.

Still holding GU for LONG. Thanks Prof TAH. You and Loeil really inspire me to survive with this STYLE

denmas,

great!

I made a mistake closing it much too soon.
It can happen MMs will use all the releases only to add long... it looks like a break out from long position building. That's why it didn't make any sense yesterday.
If it comes closer to 50 ema, I'll reenter.

GBPUSD Long Trade Open:
Reentered under the whole level. Saved some bullets for under the half level..

GBPAUD Long Trade Open:
The same with this pair. Entered on retrace. I could have waited a while longer...SL at +BE.

Prof TAH
I have a question regarding EURUSD 15M today...
on AS session, seem that MM is building position above half number..
Seems MM bears that time..
And towards the end of AS session, MM bears push the price below half number
and with volume also rising..
However subsequently, MM is bulls as LS open..
my question is, how do i anticipate that?
because for me, as price move below half number with volume rising, i think MM are bears..
is there any suggestion?
Or something that newbie like me miss?
Thanks guys for helping out..

sohcomey616,

I hope Tah will answer , becouse I would also like to hear his opinion,
but you should check higher TFs and not trade AS.
Check my post from 3h ago. Maybe you would notice the danger of H&S pattern and bullish slope ..
H1 was UP the whole time, like in my post from yesterday.

Hope this helps and we get Tah's opinion for additional confirmation.

Fisher755
ya i know the overall trend is still up..
i just want to hear your guys opinion..
because im worried that my understanding regarding PVSRA is wrong..=)
or the way i read it is incorrect...thanks dude by the way..

Seems like pre-NFP manipulations are already in progress. Whipsawing without reason all across the board. Good luck to all, be careful.

sohcomey616,

volume rising below whole/half number is an indication of bulls, not bears. This morning was a textbook PVSRA:

- position building area (the one you marked with red rectangle)
- rising volume at low of the range
- rising volume below half number
- strong break out of position building area on a high volume wide spread candle at the London Open
- exit on the next position building area ( if you scroll back to May 14-15th, you'll easily see it)

Hope this helps.
Marijan

So if you agree that overall trend is up you should wait for signs of stop hunting for bulls postions and afterwards BUY if you see that MM are buying
My 2 cents...