t.me/LWBRfx Discord.io/LWBR
PVSRA (Price, Volume, S&R Analysis)
EU.. Same thing over and over again... Remember it!!!I did ask you guys same question last time.. Now part of it already inside my brain..=) PVA was bring below half number during AS... This is indication of bulls.. Now wait for the PVA to rise from below half number... And was Prof TAH told us before, trade during LS.. Bang!!50 pips closed...=) Remember this pattern...It is always happen..=) {image}
- #1,650
- Jun 18, 2015 4:17am Jun 18, 2015 4:17am
{quote} Dear marijan993; Honestly, you has initiated a good theme to discussed. we both studied and taught here, to build up each other. And this is one of the purposes of our thread; discussing, learning, teaching, in order to get more understanding how the market really works with PVSRA and how to apply it in our trade.-MJ
Hi all, sorry I haven't been around, in reference to Marijan993 discussion...Your effectively talking about Action Reaction...In some from of context.
I guess its these types of discussions that allow us all to filter through the vortex of the MM movements. I look at it like this, a MM is like a child, this child can be very naughty, cannot be told what to do. This kid is the Omen Child.
In order to understand the child, (MM) rather than work out the direction (MM, bias) ( not saying to dismiss it, but hypothetically speaking ) work out the behaviour. most of the time, you will pick up attributes from the Child (MM) and you will know how to react to their reaction..
Based on Tah teachings, this is how I have come to understand that we do not know where the MM next move is, however our interpretation of PVSRA gives us an incline as to how the child behaviour (MM) results in a probable conviction of a trade direction Bearish Bullish, long orders or short orders.
Thought I would attempt to add my view on this...
Thank you all
If there is no enemy within, the enemy outside can do us no harm...
- #1,654
- Edited 7:11am Jun 18, 2015 4:49am | Edited 7:11am
- Joined Jul 2011 | Status: Trader | 1,521 Posts
{quote} Closed GBP/USD average+131.2 {image}
Watching you longer especialy your images. First thing, thank you for sharing !Now i wanna ask you exactly about this trade. Why you choiced this short trade ? What for signals exactly told you to go short here ? Becaue how i can see trend was Up?
Thanx for any answer
- #1,657
- Edited 6:52am Jun 18, 2015 5:31am | Edited 6:52am
- Joined Jan 2007 | Status: Senior Member | 6,517 Posts
GU, M5 scalp +5.6, IMO, MM's twice attempted to suck in longs by running PA above 1.59250 and as PA consolidated below this key level and H1 &D1 candles were green with a uptrend and GBP vs USD strength, I could see a quick 5 on this one as they would again run PA up to and test the 1.59250 key level acting as short term resistance. And they did!...............I love snipping these little trades FIFO (fast in and fast out) but a caveat; not for a weak heart..........
GU, M5 scalp +5.1 on pullback to 1.59000 key level all indications of another bounce headed towards 1.59250.
After watching any pair with lots of screen time a rhythm can often be observed, except for news events of course. For this reason I suggest that new traders chose and watch only a few pairs and get to know them well! IMO, this insight coupled with PVSRA trading will greatly enhance the probability for a successful trade outcome and insight/instinct that can only be acquired from experience! This is a tough business and traders need every edge possible to survive and reap the possible desired income........
GU, M5 scalp +5.1 on pullback to 1.59000 key level all indications of another bounce headed towards 1.59250.
After watching any pair with lots of screen time a rhythm can often be observed, except for news events of course. For this reason I suggest that new traders chose and watch only a few pairs and get to know them well! IMO, this insight coupled with PVSRA trading will greatly enhance the probability for a successful trade outcome and insight/instinct that can only be acquired from experience! This is a tough business and traders need every edge possible to survive and reap the possible desired income........
Keep It Simple
- #1,658
- Jun 18, 2015 6:07am Jun 18, 2015 6:07am
- Joined Jul 2011 | Status: Trader | 1,521 Posts
{quote} HI Leentai Watching you longer especialy your images. First thing, thank you for sharing !Now i wanna ask you exactly about this trade. Why you choiced this short trade ? What for signals exactly told you to go short here ? Becaue how i can see trend was Up? Thanx for any answer
- #1,660
- Jun 18, 2015 6:37am Jun 18, 2015 6:37am
- Joined Jan 2007 | Status: Senior Member | 6,517 Posts
USDJPY Long - Short trade closed {image}
Keep It Simple