Menu
Sister Sites

Options

Bookmark Thread

First Page First Unread Last Page Last Post

Print Thread

Similar Threads

PVSRA Scalping with Cigarguy 15,449 replies

My Price Action with FIFO, PVSRA, TDI, Fib and EMA Indicators! 1,765 replies

Scalping M5 with PVSRA / 10pips Daily 64 replies

PVSRA Scalping 0 replies

Attachments: PVSRA (Price, Volume, S&R Analysis)
Exit Attachments

PVSRA (Price, Volume, S&R Analysis)

Quoting EraNaim
cigarguy, can you explain please how yours indicator actually work? and should i use him only for scalping? thanks btw- aud/nzd looking very weak and getting closer for monthly ressitence. and it seems that mm's start open short orders. {image} {image} {image} sharing is caring
EraNaim,

If your referring to the Currency Strength indicator, I use it to give me a heads up on pairs to stalk for trading/scalping opportunities. Of course, the top currency with the highest number, indicating approximate strength to the lowest numbered currency. I do not always trade only the top and bottom pairs because this can, of course change quickly by the MM's and news etc. I personally, do not use it as a trading indicator only as a prospecting tool and then analyze the pair chosen to see if it meets my trading criteria.

Many times the highest and lowest pairs have already made their move and I have found pairs in the middle range have shown better setups after looking at those charts.
I only posted after TAH PM'd me and asked that I do share it with all traders.

Hope this somewhat answers your question and helps.
Keep It Simple
Quoting cigarguy
{quote} EraNaim, If your referring to the Currency Strength indicator, I use it to give me a heads up on pairs to stalk for trading/scalping opportunities. Of course, the top currency with the highest number, indicating approximate strength to the lowest numbered currency. I do not always trade only the top and bottom pairs because this can, of course change quickly by the MM's and news etc. I personally, do not use it as a trading indicator only as a prospecting tool and then analyze the pair chosen to see if it meets my trading criteria. Many...
thank you for this great explanation

nzd/usd- scout long trade closed.

Attached Image (click to enlarge)
Click to Enlarge Name: 23-6-nu.png Size: 53 KB
Those that PM'd, the Currency Strength indicator is in the above paperclip for downloading....
Keep It Simple
Quoting cigarguy
Those that PM'd, the Currency Strength indicator is in the above paperclip for downloading....
thank you. i had got it.
Quoting Fisher755
Dear PVSRA traders! Twee took his time to stop by in the Petition for Traderathome thread. Anyone interested in the subject please read our conversation and think about it. Fisher755
And now added are copies of Twee emails to Tah, with "Thinking Points" supplied by Tah.
and welcome back master(tah)

aud/nzd- great classic style trade

Attached Image (click to enlarge)
Click to Enlarge Name: 23-6-az4.png Size: 83 KB


enought trading for today, have to get ready for my other job
hope that trading will be my only job soon
Another nice EU PVSRA trade this morning. Price pulled down through the 1/2 line after a long move down. Price tested the line 4 times on the M15 before moving up. I entered after the fourth test and higher lows. Price stalled below the 1/1 line and the RDL. Exited on the pullback for a few pips.
Attached Image (click to enlarge)
Click to Enlarge Name: 2015.6.23 EURUSDM15 PVSRA.png Size: 37 KB
NZDJPY Comment

 

  1. I closed the short for gain +116.2 pips total.
  2. Now MMs just whip and whack the price in the ranging area. It seems, they run the creating liquidities scheme by steal from other before the show their truly act, price back below the key SR. Its better to be careful in this pair. Anything could happen, and as always MMs have the full authority to control the markets and deceive the retailer in order to get einrich their pockets. Watch carefully and wait patiently to make a best plan to jump and exit.

​sincerely
-MJ

Attached Image(s) (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 76 KB
Click to Enlarge Name: Screenshot2.png Size: 74 KB
"Bulls make money, Bears make money, but hogs get slaughtered"
GBPJPY + 157 pips ( sold this one due to the consolidation area above 195 with increasing V )
Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPYM15.png Size: 53 KB

I will post more frequently in July
G.
Man lie , woman lie , numbers don't
Quoting Phx62
Another nice EU PVSRA trade this morning. Price pulled down through the 1/2 line after a long move down. Price tested the line 4 times on the M15 before moving up. I entered after the fourth test and higher lows. Price stalled below the 1/1 line and the RDL. Exited on the pullback for a few pips.{image}
Phx62 -

Your a fast study trading PVSRA and quickly becoming an asset posting your usual profitable trades with outstanding comments..........

Stay GREEN My Friend!
Keep It Simple
Quoting traderathome
{quote} And now added are copies of Twee emails to Tah, with "Thinking Points" supplied by Tah.
Welcome back TAH, like your ideas, you also get validated again and again Good to see you back.
can't stop!

eu, great short, petr.k style

Attached Image (click to enlarge)
Click to Enlarge Name: 23-6-eu2.png Size: 49 KB


Quoting Phx62
Another nice EU PVSRA trade this morning. Price pulled down through the 1/2 line after a long move down. Price tested the line 4 times on the M15 before moving up. I entered after the fourth test and higher lows. Price stalled below the 1/1 line and the RDL. Exited on the pullback for a few pips.{image}
Thank you for make the pvsra more clear to me.
Keep posting sir
EURCAD long
Looking H4 price is at an important SR area. the last entry was done with high volume, closing under 1/1 number.
As I see it MM's are closing shorts and filling long orders.

Attached Image (click to enlarge)
Click to Enlarge Name: EURCADH4.png Size: 57 KB
Quoting EraNaim
can't stop! eu, great short, petr.k style {image}

I have allready make desision that 5 profit trades per day are enough dont want to overheat my head really
BTW ( about 70% of my profit trades i have made is between London and NY open. So itīs about 5 hours of work
Quoting Petr.K
{quote} I have allready make desision that 5 profit trades per day are enough dont want to overheat my head really BTW ( about 70% of my profit trades i have made is between London and NY open. So its about 5 hours of work
Petr.K,

great, I mean really great!

But please take your additional minute on your trades posted and write the pair you traded and direction of the trade.
The tex tbook should have at least minimum text, not only charts in the post included.


Thank you, you are a fine member of the family!

EDIT:

Eran, the same to you.
PVSRA
Why I short on GBP/USD
Attached Image(s) (click to enlarge)
Click to Enlarge Name: long_GU2.png Size: 46 KB
Click to Enlarge Name: 7.69%_5digits.png Size: 43 KB
Update on EURJPY Trade:
So I managed to capture 44 pips on my EURJPY trade as my trailing stop was hit...then shortly after I was taken out of the market price headed south! I was happy to collect 44 pips, I just felt a bit bummed out seeing that I left extra pips on the table. However, I think I managed the trade well, because too often I'm at least 50 pips in the green, only to see market reversed on me and then a winning trade eventually turned into a loser. So, I'm learning to bag my pips.

NZDUSD
Anyways, on to the next trading opportunity!

I decided to open a countertrend trade on the above pair based on these reasons:
1. The downtrend seemed overdone....and I believe a retracement is imminent.
AND
2. I also noticed that a significant support level is at the $0.6800-$0.6850 handle. I'm sure that there are buyers and/or profit taking at this level as the PVA is quite active in this region.

So, I opened a long NZDUSD at $0.6853, a very aggressive entry point....a more conservative entry would be at around $0.6815-25. My TP is at the 38.2% retracement that's just a tad bit above the significant round number $0.7150....It's more of a long term TP level....but as per usual my short term back up TP is 50 pips.

I will keep you guys posted!

Good luck trading and stay green!
Attached Image (click to enlarge)
Click to Enlarge Name: NZDUSDproH4.png Size: 35 KB
Quoting denmas
Why I short on GBP/USD {image} {image}
Excellent pips, however may I know what's the exact trigger entry criteria in 15m tf, apart from seeing decreasing volume in 1hr after a climax volume. Thanks and regards
trade safe
opened short nzdjpy above 85.. i believe MMs are filling SM short orders above this level
Attached Image (click to enlarge)
Click to Enlarge Name: NZDJPYkM15_24th JUNE.png Size: 69 KB
3 traders viewing now