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PVSRA (Price, Volume, S&R Analysis)

  • #3,201
  • Edited 3:49pm Dec 3, 2015 7:41am | Edited 3:49pm
EU, Wow +222 (20 lots +11.1) late entry buy just caught a small piece of this move in 3 seconds after pullback and break of 1.07000 key level after EURO had reached a 7 year low. Hope some banked nice pips............

No talent needed here, just pull the trigger, grab the momentum and go for the ride
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDiM5.png Size: 69 KB
Keep It Simple
  • #3,202
  • Dec 4, 2015 4:05am Dec 4, 2015 4:05am
Quoting Nice
{quote} Hello leentjai i have question if may i... i see in your charts you always say price under whole number for example, i am wondering what you mean by that as i am trying to understand that can we compare this with rsi divergence for example ? or we can only read it using pva ? regards
Yes, we can only read it using PVSRA .
  • #3,203
  • Edited 9:26am Dec 4, 2015 5:06am | Edited 9:26am
Hello everyone,

First thank you for this great indicator.
I have requests for few indicator here,could someone help me please.
I would like to add alert with choice of my sound file to FFCal panel and Access panel.
For FFCal panel I would like to choose different sounds for high,medium and low impact news.
Access panel,it will be great if you can add event min. before alert,like the FFCal, for each session opening and closing with the sound of my choices.Please add true/false for not to pop up alert boxes each time and just play the sound when the time comes for both indicator.If I can say even more please add Tokyo opening and closing vLines.
Thank you so much!!
  • #3,204
  • Dec 4, 2015 5:06am Dec 4, 2015 5:06am
Quoting leentjai
{quote} Yes, we can only read it using PVSRA .
thanks for your replay

but still i didnt get the meaning of under whole number

regards
A Ship in Harbor Is Safe, But that Is Not What Ships Are Built For.
  • #3,205
  • Edited 6:05am Dec 4, 2015 5:21am | Edited 6:05am
Quoting cigarguy
{quote} Sorry, I don't trade using the volume indicator when scalping FIFO, but I am sure leentjai will help as she is the Pro that trades pure PVSRA and uses the volume indicator. Just answering as a courtesy not to ignore your question..... Cigarguy
Dear Cigarguy, I would like to show you something..

EURUSD quick scalps using volume:
Enter the trade on high activity candle and close on high activity candle, using PVSRA and key SRs.
15.3 pips average, 45.8 pips total gain.
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDiM1 Scalps 4.12..png Size: 74 KB

Hope it can help with your exits, becouse high volume invalidates the trade.
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDiM1 Scalps 4.12. Volumes.png Size: 90 KB
PVSRA
  • #3,206
  • Dec 4, 2015 8:15am Dec 4, 2015 8:15am
Quoting Fisher755
{quote} Dear Cigarguy, I would like to show you something.. EURUSD quick scalps using volume: Enter the trade on high activity candle and close on high activity candle, using PVSRA and key SRs. 15.3 pips average, 45.8 pips total gain. {image} Hope it can help with your exits, becouse high volume invalidates the trade. {image}
Fisher755,

Thanks for posting your charts and great explanations. For many years I traded M1 and even tick charts but, since I have retired and mainly hobby trade, I continue to scan the M1, M15 and H1 for trends and momentum but have been doing very well with my M5 entries. I appreciate the significance of volume and how you use it in your trading style and I am going to start looking at it as you suggest and see if I can have confidence using it as you do. TAH and I have had many chats before about volume and how it is Broker based with no central clearing house as in the stock or commodities market. So it has always been subjective to my way of thinking from broker to broker and their trading platforms if not MT4.

At one time, I had 3 live trading accounts with 3 different Brokers and watched each volume indicator for each Broker and found that each differed from the other and that lead me to discount volume as a viable indicator for entries and exits. So that has been my mind set to this day, but with that being said and knowing yours and others success using this indicator, I am going to give it a try using your method on a live test account...... Is that your TV20 system you have been talking about and do you only trade the M1 with that system?

Thanks again for your suggestion as it is well taken and appreciated......... Happy Holiday greetings to you, TAH and all of the traders at your new home.....

Stay GREEN My Friend!
Cigarguy
Keep It Simple
  • #3,207
  • Dec 4, 2015 8:44am Dec 4, 2015 8:44am
Fisher755,

OK, I quickly set up and made a live trade on UJ M1 using your suggestion and sniped this FIFO scalp for +25 ( 5 lots +5) and reduced my lot size from 20 to 5 while testing. Once I enter, I have an EA set to auto close at 5 pips +/- so sometimes leave lots on the table but also saves some losses due to quick pull backs/retraces. I like using that because once I enter the emotions are gone and the EA does the work. If this is successful, I can always increase my target pips.

If I find this works for me, you may turn me into a PVSRA purist.........

Thanks for the heads up I'll keep this baby up and see how trading M1 again feels......
Attached Image (click to enlarge)
Click to Enlarge Name: USDJPYiM1.png Size: 70 KB
Keep It Simple
  • #3,208
  • Edited 9:22am Dec 4, 2015 9:05am | Edited 9:22am
Fisher 755,

UJ, M1 +25.5 (5 lots +5.1) well so far so good. A few more good ones and I'm going to increase my lots back to 20 +. Trading the M1 again is like re-visiting an old friend.............that was a quick +51.5 with 2 FIFO trades........
Attached Image (click to enlarge)
Click to Enlarge Name: USDJPYiM1.png Size: 71 KB
Keep It Simple
  • #3,209
  • Dec 4, 2015 9:21am Dec 4, 2015 9:21am
Quoting cigarguy
Fisher755, OK, I quickly set up and made a live trade on UJ M1 using your suggestion and sniped this FIFO scalp for +25 ( 5 lots +5) and reduced my lot size from 20 to 5 while testing. Once I enter, I have an EA set to auto close at 5 pips +/- so sometimes leave lots on the table but also saves some losses due to quick pull backs/retraces. I like using that because once I enter the emotions are gone and the EA does the work. If this is successful, I can always increase my target pips. If I find this works for me, you may turn me into a PVSRA purist............
"Is that your TV20 system you have been talking about and do you only trade the M1 with that system?"

No, this is not TVT20. TVT20 entries are made on M15 chart , and can use M5 to re-enter.
I use 4 different PVSRA trading methods and TVT20 is the simplest and the easiest to learn, since the setups are easy to spot with a bit of PVSRA knowledge. when there are nice trending markets times, TVT20 is a great method, safe and effective. In ranging markets quick scalps are a good method, too. Fridays are well known for ranging ( and add December to it- MMs closures for yearly profits and less liquidity in general), so I sometimes use M5 or M1 for quick scalps like the ones posted today.
And I find volume a very good alarm bell what might happen next.
I am aware that different brokers can have a bit difference in volumes, but relative difference between the volume bars inside of one broker is the tip we must focus on, not the actual volume. Relative sudden change in the volume is like alarm that something is cooking. Together with important SR levels and PA it might also tell you what might be MMs next plan. It is important part of analisys and such an expirienced trader as you are can use it very good for his own benefit.

I'm glad you will try it out yourself, so I am at your service anytime you might have additional question about it.
PVSRA
  • #3,210
  • Dec 4, 2015 9:26am Dec 4, 2015 9:26am
Quoting cigarguy
Fisher 755, UJ, M1 +25.5 (5 lots +5.1) well so far so good. A few more good ones and I'm going to increase my lots back to 20 +. Trading the M1 again is like re-visiting an old friend.............that was a quick +51.5 with 2 FIFO trades........ {image}
Cigarguy,

great entries!
PVSRA
  • #3,211
  • Dec 4, 2015 9:32am Dec 4, 2015 9:32am
Quoting Fisher755
{quote} "Is that your TV20 system you have been talking about and do you only trade the M1 with that system?" No, this is not TVT20. TVT20 entries are made on M15 chart , and can use M5 to re-enter. I use 4 different PVSRA trading methods and TVT20 is the simplest and the easiest to learn, since the setups are easy to spot with a bit of PVSRA knowledge. when there are nice trending markets times, TVT20 is a great method, safe and effective. In ranging markets quick scalps are a good method, too. Fridays are well known for ranging ( and add December...
Fisher755,

Thanks again for the explanation and heads up on your TVT20 system...... Since the inception of the original Sonic system, except for a few minor tweaks to fit my trading style, I have successfully trading along side of TAH and the other great traders many who have come and gone. Many times I attempted to introduce my scalping style into the Sonic and PVSRA system but TAH at that time would not wavier from the old Sonic method. I am glad that you came along and successfully introduced your original method and convinced the Professor of its profitable capabilities......Great Job on your part....
Keep It Simple
  • #3,212
  • Dec 4, 2015 10:02am Dec 4, 2015 10:02am
Fisher755,

Please check your PM's I have a quick tech question....
Keep It Simple
  • #3,213
  • Dec 4, 2015 10:04am Dec 4, 2015 10:04am
A reminder of PVSRA TVT20 trading method ( not to mix it with scalping posted from my side today):


TVT20, Trading a Complex Market Effectively and Simply

The TVT20 trade method is not an "original" work. As with our indicators, it is based on contributions over time but with a simple "gardener" to pull the weeds and straighten things up. So we should credit others that pioneered, contributed, and left noteworthy examples as clues for others that would follow.

Credit goes to folks like DanPa, Islander, Cigarguy and any others that learned to make quick in-out trades. And why so? The reason is that the Robber Bank MMs whip and whack prices, make the market choppy, and run their Head Fakes and Stop Hunts,....all designed to keep everyone but themselves at severe disadvantage when trying to make pips from what they "predict" will be good price moves. These traders learned the value of not exposing themselves to all that these Robber Bank MMs can do to leave good intentioned traders with unintended losses!

And special credit goes to Fisher755, who diligently read what there was to read, absorbed it, learned from it, and eventually realized there was a gem laying there. It was not all cut and polished so that anyone could instantly be impressed by it. It was just laying there. Nobody picked it up and started to examine it. Nobody saw its true value,.....nobody except Fisher755, who had scrupulously done all the Homework, and was therefore in a position to recognize what others missed.

And so, we come to TVT20. This post will describe this method. It will identify the essential considerations of the method and sufficiently discuss them.

At this first posting, only an overview will be attempted. More detail will be added as time permits. Any need for changes discovered as the method is extensively used, will be incorporated into this post as time goes on. So, here we go.

TVT20 combines two acknowledged benefits to traders: one, that "natural" market momentum benefits traders unlike anything else, and two, that quick in-out trades are a very effective way to capture pips before the MMs can decapitate you! And, in the process, it is discovered that the age-old problem of SL placement is finally resolved to the benefit of the trader!

Here are the TVT20 considerations......
1. Best to trade only the LS.
2. Use M15 to look for Trend with good angle.
3. Wait EP for these things....
PA to finish 1st move out of Trend
PA to be retraced to Trend
PA to resume the Trend direction
4. TP is 20+ pips, so pick a S&R or consolidation area really close in
5. SL is placed just beyond the retrace move, maybe within the Trend itself, assuring minimum loss
6. After TP, drop to M5 to scout for any later re-entry doing same as above
7. PVSRA must support a Trend direction swing.

That's it for now, TVT20 in a nutshell. The method is designed to allow you to apply your PVSRA to a specific trade style that favors you making pips with minimum risk, and with a no nonsense SL placement for minimum loss, just in case.

PVSRA TVT20 trade example:

GBPUSD PVSRA TVT20 Short trade Open/Close:
Trend down and nice high activity above the half level. First position opened early ( was watching this pair yesterday and planned to short today if the clues don't change) and the second position opened after a small pump up at FO.
30.9 pips average, 309 pips total gain.
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD PVSRA TVT20 Short trade 2.12..png Size: 74 KB
PVSRA
  • #3,214
  • Dec 4, 2015 10:30am Dec 4, 2015 10:30am
UJ M1 +25 (5 lots +5) entered on MM momentum after pull back and break of RDH (somewhat risky at this level but only going for +5 why not) Arrow indicates why I only target 5 +/- pips per scalp, winner would have been a loss...........

Fisher755; You can see what I was asking with the Trade Levels one closed tag only.
Attached Image (click to enlarge)
Click to Enlarge Name: USDJPYiM1.png Size: 77 KB
Keep It Simple
  • #3,215
  • Dec 4, 2015 10:37am Dec 4, 2015 10:37am
Quoting cigarguy
UJ M1 +25 (5 lots +5) entered on MM momentum after pull back and break of RDH (somewhat risky at this level but only going for +5 why not) Arrow indicates why I only target 5 +/- pips per scalp, winner would have been a loss........... Fisher755; You can see what I was asking with the Trade Levels one closed tag only. {image}
Yes, I knew right away what you mean. No problem, we are on it..
PVSRA
  • #3,216
  • Dec 4, 2015 10:50am Dec 4, 2015 10:50am
Quoting Fisher755
{quote} Yes, I knew right away what you mean. No problem, we are on it..
Fisher755,

Thanks much and very helpful as usual....

(I miss you all being here...)
Keep It Simple
  • #3,217
  • Edited 11:56am Dec 4, 2015 11:39am | Edited 11:56am
UJ M1 FIFO scalp +27 (5 lots +5.4) entered long on break of RDH again after small pullback under to EMA's with Green candle in agreement with volume....

Thanks Fisher755; Banked +102.5 live today trying your suggestion with the above trades. Going to pay more attention to these entry opportunities and add to my trading arsenal and increase my lot size back to 20 +. I did trade this system some time ago but kinda got away to a different method............
Attached Image (click to enlarge)
Click to Enlarge Name: USDJPYiM1.png Size: 82 KB
Keep It Simple
  • #3,218
  • Dec 4, 2015 11:57am Dec 4, 2015 11:57am
Quoting cigarguy
UJ M1 FIFO scalp +27 (5 lots +5.4) entered long on break of RDH again after small pullback under to EMA's with Green candle in agreement with volume.... Thanks Fisher755; Banked +102.5 live today trying your suggestion with the above trades. Going to pay more attention to these entry opportunities and add to my trading arsenal and increase my lot size back to 20 +............ {image}
Cigarguy,

I'm happy for you, you are excellent scalper...

...and now PVSRA Purist.. This calls for Party time!
PVSRA
  • #3,219
  • Edited 12:52pm Dec 4, 2015 12:02pm | Edited 12:52pm
Quoting Fisher755
{quote} Cigarguy, I'm happy for you, you are excellent scalper... ...and now PVSRA Purist.. This calls for Party time!
Fisher755,

This is my treat happy Friday.........

No quite a purist yet but in the near future......
Attached Image
Keep It Simple
  • #3,220
  • Dec 5, 2015 7:23pm Dec 5, 2015 7:23pm
Quoting Nice
{quote} thanks for your replay but still i didnt get the meaning of under whole number regards
MMs usually keep the price above levels 00 /whole numbers/,1/2numbers 1/4 and 3/4 .when they prepare to prepared downward trend and vice versa.
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