PVSRA (Price, Volume, S&R Analysis)

Hello everyone,

How are you all? I hope you all are great today.

Today I open four position

GBPUSD profit 24.5p; USDJPY loss 8.34p; AUDUSD loss 10p; & GBPUSD profit 20p. Today result still stay GREEN.

And I would like to thanks TAH for create this wonderful thread, so I have the opportunity to learn form all of you.

And I also would like thanks leentjai, cigarguy, Ata-Turkoglu, Mauro-J and everyone wiling to sharing your knowledge in this thread.

I hope learn more from all of you.

PS: Do anyone have the #6 Volume Suite with the push notification alert?

Welcome to the club! you are more than welcome to share the images of your trades in order that everyone else will learn from it too

My trade for today:

Welcome.........and your posts are always appreciated.......​

Stay GREEN My Friend!

1. traderathome
2. Joined Mar 2008 | Status: Member | 21,735 Posts

Quoting Forex-Forex
Tah & Forex Traders I have the following questions if anyone can shed some light please: a. The method prescribed by Tah is one of position building - laying down the seeds based on PVSRA and hoping eventually the trades will materialize in our favour. The problem is that sometimes I see that trades have been entered weeks or months ago and thus awaiting for the net long or short positions to become profitable. How does one reconcile this with the fact that SWAP charges are continuously building up on a daily basis and soon adds up to perhaps 2...
Quoting ralf86
{quote} The first question sounds interesting to me also...
Sonicers, If you Don't Read, Or You Don't Read Carefully Enough to Remember,.....You Will Bleed!

It is made very clear in Post #1, and in the PVSRA posts in this thread, that the basis of the Sonic R. System is the Classic trade, and that Scout "situations" can occur before or during a Classic trade and are propositions of higher risk, and that PVSRA is a method of analysis, not an entry method.

How many times must this be said before you all get it clear into your thick minds?

The Scout is higher risk and can get you into problems. Position building can begin with a Classic trade - should begin with a Classic trade - but there are also times when traders start a trade at, or soon after, what they believe to be the "final" high or low as assessed on higher TF charts. This can get a trader into difficulty. The root of the problem is the greed factor. Traders want to get the jump on the "reversal" and believe they have PVSRA support for doing so. And it can all turn to shit because we cannot know how the price will move next. There are also those times during a Classic when the MMs Stop Hunt, taking the Classic into the red, but also presenting another "situation" for a Scout. Probably the best Scouts are those during a Classic that is experiencing a retrace/pullback and remains green.

Now, please try to remember all of that. Make your own trading decisions, and take your lumps.

For scalping, or as an alternative for getting an earlier entry, you can try the M5 TF. Just remember that Classic entries are only recommend during the London session because it is during the London Session that setups more accurately reflect the trend and run further, usually. I say "usually" because there can still be head fakes. And by dropping to the M5 and looking for setups, you won't be allowing the same time to see whether or not PA is actually transitioning from the MMs building to the MMs beginning a trend move.

So, for the umpteenth time, from position building to scalping.......
.......The M15 Classic setup in the London Session is the core of the Sonic R. System and PVSRA is an analysis method, and the safest application of the Scout is during a Classic that under retrace but remains green.

-tah

PVSRA system used EMA 50

Opened long EURUSD

Opened short GBPJPY Price above whole number...

short as well below whole number was the trigger for me

Closed GBPJPY average +49.1 p

Closed EURUSD averge +30 PI cant to make picture...

nice trades you made but i have a small questions ?
did you use stop loss on every trades ?

leentjai,

Your doing a great job as the threads New Professor with your excellent trades and explanations............. (replacement as TAH is no longer here)

Hi i read the trading pdf and it mentions that if the red selling candle is high up it might indicate mm are becoming bearish and also if there are blue buying candles that are low it might indicate mm are bullish but i don't know exactly what that means. What do you mean by bearish volume is high when price is high?

Can someone show me a chart as to what that means.

Greetings,

I've read the first few posts of this thread and understand in broad terms the principles of taught here, in terms of MM controlling the where and when and how far Price is moved. Howe we have to learn to grab their coat-tails and follow institutional order flow.

What is less clear is how the template provided here is used for analysing Price and Volume.

I'm particularly wanting to understand how we interpret the volume. How we analyse volume in relation to candles and how we can glean information to increase or clarify our edge and thereby help us make an actionable decision with more confidence and clarity.

Is there a particular post or pdf someone can direct me to, that informs how volume indicator is used, please?
I see there are various colors: red, green etc... presumably they communicate something specific. Apart from that its the size of the volume bar in relation to candle that we understand in teh context of S/R presumably, but need more in order to better understand this part of the system taught here.

Leaving other aspects of the template aside I have been putting the volume indicator on naked chart to see whether I can see patterns of price behaviour in relation to volume that show me how to use it, but I have not yet been able to 'see' how. For e.g. sometimes there is a big volume bar and Price continues to move up in a strong fashion and other times it reverses.

I've attached a chart to show an example of what I mean. Basically, when Price is at a S/R we want to know whether Price is likely to turn or continue, right? How does volume help?
Thanks for your tips and pointers in clarifying this aspect of interpretation

Very good post livingdaylite.

I too am having problems understanding the volume indicator. After having studied tons of charts with the indicator added, there just doesn't seem to be any clear pattern. Sometimes price reverses on a large volume spike, whilst at other times price continues going forwards when a large volume spike appears.

I would really appreciate someone that uses this volume indicator with success, to show us some charts, and how volume can be used correctly. What exactly are we supposed to be looking at? Where does the indicator fail, and in what scenario is it most likely to prove successful?

Many thanks to everyone for such a great thread and for all your help - It is greatly appreciated.

Hello livingdaylite.

May I ask, have you manually drawn the trend and channel lines on your charts, or is it an indicator that you are using?

If it's an indicator, would you mind sharing it? It would be greatly appreciated.

Thanks in advance.

Hi MushyPeas,

Yes, the trend line(s) were drawn manually. Started with one and then more were added as price did its thing.


I'm glad I'm not the only one unclear how this volume works. Glad to see that when we ask we usually ask for other people too.

Thank you

Thank you cigarguy!
TAH put so much time and effort and have shared his knowledge with us.
He taught us to be disciplined traders and follow the rules of PVSRA.
And I was very sorry that many novice traders will not be able to get these invaluable knowledge and experience...
PROF TAH is a fire and ... I just spark...

We have to look also to 15 min charts and 1 min charts , Dragon and be we have to look also to 15 min chart and 1 min chart , Dragon and be prepered for MMs tricks. They trying to get liquidity by all means.They don't have rules. they have power of money...!!!!

Opened and closed AUDUSD +26.4p average