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

On EURUSD we are still inside the huge 15 minute candle and triangle gets narrower. Today was actually some sort of a choppy day, let me explain why:

If you look at the image you will see that we had actually a buy signal yesterday which I took at the beginning but quitted way too early (Lesson I learned here: don't quit unless you see candles closing below dragon or a candle pair pattern that would signal the opposite)

Then we had a sell signal this early morning purple after green candle pair but the timing was bad. (Lesson I learned here: some trades can come while you are asleep. When you wake up find them and decide your next entries based on that matter, which means we had to think to short all day till candles close inside the hot zone I marked already long time ago)

Overall how we know it was a choppy day? Therefore I marked all the red and green candles with an X in the image. Can you see how quick the frequency is? A green candle appears then later a red appears then again a green and a red etc. and inbetween we see no other color. (Lesson I learned: watch the frequency of candle green and red. If they start to appear like red green red or green red green we can stay out of trading or we can swing trade the upper and lower edges of the flag or wedge we are in.

Conclusion: Days where we don't trade or miss a trade will occur from time to time. No worries, the market will show millions of new opportunities. Keep on going.

Best Regards
Attached Image (click to enlarge)
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Be a seer, not a looker!
Quoting Ata-Turkoglu
On EURUSD we are still inside the huge 15 minute candle and triangle gets narrower. Today was actually some sort of a choppy day, let me explain why: If you look at the image you will see that we had actually a buy signal yesterday which I took at the beginning but quitted way too early (Lesson I learned here: don't quit unless you see candles closing below dragon or a candle pair pattern that would signal the opposite) Then we had a sell signal this early morning purple after green candle pair but the timing was bad. (Lesson I learned here: some...
Very nice chart you have over there.
Quoting dna9179
{quote} Very nice chart you have over there.
Thanks, I hope it helps

Best Regards
Be a seer, not a looker!
Quoting denmas
GBP/USD, openg long and still hold {image}
Closed GBP/USD for LONG and 4.38% is in the NET
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I am going for a small profit. Range is really tight and profit might be only 20 pips.

New Pending Order (Sell Limit): 1.12552, TP: 1.1233

Edit: SL: New Pending Order (Buy Stop): 1.1295

If it doesn't get triggered I will not bother since the range is really tight and I don't expect much anyway.

Best Regards
Be a seer, not a looker!
LONG GU : 1.53172
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LONG GJ: 183.586
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1H view of GJ and GU showing me further upside.. modified my TP
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Quoting Ata-Turkoglu
I am going for a small profit. Range is really tight and profit might be only 20 pips. New Pending Order (Sell Limit): 1.12552, TP: 1.1233 Edit: SL: New Pending Order (Buy Stop): 1.1295 If it doesn't get triggered I will not bother since the range is really tight and I don't expect much anyway. Best Regards
Good Morning Ata-Turkoglu, how are you?.I have paar questions to you, the colored bars are only for th 15m or any?, because in 30m tf there are red-green candels, and you trade demo or real?

TY regards.


PD: In 5m tf were a red- blue candles this one i took but closed too early whith a benefit of 11 pips.
Quoting Ata-Turkoglu
On EURUSD we are still inside the huge 15 minute candle and triangle gets narrower. Today was actually some sort of a choppy day, let me explain why: If you look at the image you will see that we had actually a buy signal yesterday which I took at the beginning but quitted way too early (Lesson I learned here: don't quit unless you see candles closing below dragon or a candle pair pattern that would signal the opposite) Then we had a sell signal this early morning purple after green candle pair but the timing was bad. (Lesson I learned here: some...
Hi Tah,

I'm new to this thread, but I know already the SonicR thread. That's really nice that you have created a new thread only for PVSRA. It would be great if you could explain a bit more in details what you're looking at on a chart and which timeframes you're using.
For example, on your post number 24. how do you determine that the down move from the half number at resistance was stop hunting and MM's will probably drive the price higher?
It would be great if you could show some charts with what you're looking at on the volume indicator. I know that if price is rising and high volumes appear at the bottom, then MM is moving price higher and if the high volume appears at the top, then we have MM closing their longs. But what tells you if it's only a pause in the uptrend or if price will reverse?
And what is your trigger to open a trade? The SonicR classic pattern?

If for example price goes below a whole number with high volume at the bottoms, this is some sign that price may reverse, right? Do you wait for a high volume green bar before to enter a long trade?

Other traders here are using the Sonic classic or scout trades and other say they are looking to buy or sell, but they don't explain why.

Cheers,
Daniel
Quoting Ata-Turkoglu
I am going for a small profit. Range is really tight and profit might be only 20 pips. New Pending Order (Sell Limit): 1.12552, TP: 1.1233 Edit: SL: New Pending Order (Buy Stop): 1.1295 If it doesn't get triggered I will not bother since the range is really tight and I don't expect much anyway. Best Regards
My SL pending order got hit. Can happen. So now I will go with same strategy. This time we only need to close the "buy hedge" trade. I will look for next pattern giving me a short signal. The effect of news or brake of a S/R level can change the course. Again: we must quickly adapt.

Best Regards
Be a seer, not a looker!
Quoting dvarrin
{quote} Hi Tah, I'm new to this thread, but I know already the SonicR thread. That's really nice that you have created a new thread only for PVSRA. It would be great if you could explain a bit more in details what you're looking at on a chart and which timeframes you're using. For example, on your post number 24. how do you determine that the down move from the half number at resistance was stop hunting and MM's will probably drive the price higher? It would be great if you could show some charts with what you're looking at on the volume indicator....
My name is Ata... TAH stands for Traderathome and he is absent these days. First wanted to correct that.

The answer for how to catch reversal or pause times I gave a comment already a few days ago: http://www.forexfactory.com/showthre...82#post8525782

I am not solely using PVSRA. I only make use of it along my own system. But it helps me to see things clearer. For example the trade I am in now I opened based outside my system just relying on my latest discoverings and it ended up with struggle. Therefore I will not do it again. My system is prior to PVSRA but I can only share my entries. I also will explain any of my new discoverings on PVSRA.

Best Regards
Be a seer, not a looker!
Quoting mel3
{quote} Good Morning Ata-Turkoglu, how are you?.I have paar questions to you, the colored bars are only for th 15m or any?, because in 30m tf there are red-green candels, and you trade demo or real? TY regards. PD: In 5m tf were a red- blue candles this one i took but closed too early whith a benefit of 11 pips.
Whatever timeframe you trade it will work but you must calculate the range of your stop loss or profit equal to the timeframe you trade. I like the 15 minute because doing so keeps me in harmony with classic PVSRA entries. So study PVSRA rules first and then continue with my suggestions. Not the other way.

I have several real accounts and the demo is just for demonstration purposes on FF, but it reflects one of my real accounts.

Best Regards
Be a seer, not a looker!
Hi Ata, I know that Tah is Traderhatome ;-) I was asking him as I didn't know that he is absent.

About you're answer, well that's exactly the problem I have. You're all trading your own trading system and using PVSRA asa confirmation tool, but Tah seemas to be using only price action and PVSRA. But it would be great to know what to look at on the price action.

For example now on the H1 timeframe, EURUSD has reached a whole number (1.13000). How do we analyse the volume? On the 5M chart, there are green bars appearing at the bottom of the upwards move, but the highest volume appears when price is reaching the whole number. Is it bullish or bearish? What should we wait for to enter a long trade or a short one?

Cheers,
Daniel
I just noticed sharing trade entries and exits in time is much more difficult than trading anyway I will do my best.

The purple after green gives me another bearish signal that uptrend might not last much. Therefore soon I am planning to close my hedge trade and wait till price comes back to target area. Maybe around 1.1320 which is matching with an AB=CD pattern on 15m timeframe.

Best Regards
Attached Image (click to enlarge)
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Be a seer, not a looker!
Quoting Ata-Turkoglu
I just noticed sharing trade entries and exits in time is much more difficult than trading anyway I will do my best. The purple after green gives me another bearish signal that uptrend might not last much. Therefore soon I am planning to close my hedge trade and wait till price comes back to target area. Maybe around 1.1320 which is matching with an AB=CD pattern on 15m timeframe. Best Regards {image}
Ata,

Why did you put your target where it is? What is that level in an AB=CD pattern so meaningful? If we are now at point D of an AB=CD pattern, and right at a whole number, It could be very significant for a down move, is that right?

What are you expecting then? going short or going long?

Cheers,
Daniel
Quoting Ata-Turkoglu
{quote} Whatever timeframe you trade it will work but you must calculate the range of your stop loss or profit equal to the timeframe you trade. I like the 15 minute because doing so keeps me in harmony with classic PVSRA entries. So study PVSRA rules first and then continue with my suggestions. Not the other way. I have several real accounts and the demo is just for demonstration purposes on FF, but it reflects one of my real accounts. Best Regards

TY, for your answer, PVSRA, i have read paar times the rules and realy i trade most with they, at morning befor Frankfurt opening i look 1h, 30, 15, and 5m tf and how the preis action in the chart look for, if above trend suite, look for buys, if below for sells.But my problem is to wait when im in most of trades i close too early how today, my buy was perfect tp at 1,1275 entry point 1,1250 then have 11 pips gained see the candels hesitated and closed the trade in few minutes bum 1.1310 arrived.

I must work my indecision and panic, because my wew from trend is very good.I trade real .

Regards

PD: the entrys are egal tf if any candles show red-green-blue or green-red-magenta, better for 15,and 30m tf, this morning was 5m and 1m together
Quoting dvarrin
Hi Ata, I know that Tah is Traderhatome ;-) I was asking him as I didn't know that he is absent. About you're answer, well that's exactly the problem I have. You're all trading your own trading system and using PVSRA asa confirmation tool, but Tah seemas to be using only price action and PVSRA. But it would be great to know what to look at on the price action. For example now on the H1 timeframe, EURUSD has reached a whole number (1.13000). How do we analyse the volume? On the 5M chart, there are green bars appearing at the bottom of the upwards...
Ok I take your question into the cue for now and will answer my opinion this weekend. Your question shows me that you have not read TAH explanations fully. He will consider that as an insult. So my recommendation will be read everything what TAH explained so far. I will not teach anyone PVSRA here nor TAH will do so. I only explain my additional results which I find while experimenting and observing.

For those wait till Saturday and I will explain my ideas.

Best Regards
Be a seer, not a looker!
EURUSD 30 Minute Chart

Regarding to the second short signal I closed my hedge. Waiting for bulls to weaken more. Will do nothing for a while.

Best Regards
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Be a seer, not a looker!
Why are you guys bothering to create a public thread if anybody having a question about something you have written is an insult to you? If you want to teach other people, why are you thinking that you only have to write something once and everybody will understand it at once? Then you'll say that we have to read it many times, but that's not always the problem. Sometimes for any reason we don't see and read things as cristal clear like you. And if you'are never willing to explain things, even if it will be many times, as a true teacher? That's as if you've nothing to share, but we have to know already.

Cheers
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