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PVSRA (Price, Volume, S&R Analysis)

  • #3,401
  • Dec 21, 2015 10:42pm Dec 21, 2015 10:42pm
Hey all,

Haven't been on FF for a while. Been away studying Price Action but now that I'm back into trading this method has produced some great results combined with an understanding of PA, waves, volume, and SR.

Snagged a good trade on Kiwi during AO. Had some nice consolidation during LO earlier today below the half level. Price broke out during NY session so I entered during AO once we got above the quarter level.
Avg. +30.9p Total +309p
Today's trades: +786p

My other two TVT20 trades are listed on the PVSRA thread in the secret forum lol.


Can''t thank TAH and the dream team enough. This matched with a good understanding of price action is deadly.
Attached Image (click to enlarge)
Click to Enlarge Name: oSOSV5J.png Size: 202 KB
  • #3,402
  • Dec 21, 2015 10:51pm Dec 21, 2015 10:51pm
Quoting leentjai
Opened short USDCAD {image}
Closed average +6.2 p
Attached Image (click to enlarge)
Click to Enlarge Name: usdcad-m15-c2212.png Size: 101 KB
  • #3,403
  • Dec 21, 2015 10:53pm Dec 21, 2015 10:53pm
Quoting Dyekid217
Hey all, Haven't been on FF for a while. Been away studying Price Action but now that I'm back into trading this method has produced some great results combined with an understanding of PA, waves, volume, and SR. Snagged a good trade on Kiwi during AO. Had some nice consolidation during LO earlier today below the half level. Price broke out during NY session so I entered during AO once we got above the quarter level. Avg. +30.9p Total +309p Today's trades: +786p My other two TVT20 trades are listed on the PVSRA thread in the secret forum lol. Can''t...
Great !!!!
  • #3,404
  • Dec 22, 2015 1:18am Dec 22, 2015 1:18am
I opened long GBPNZD
picture I'll sand later I have some problems with internet...
  • #3,405
  • Dec 22, 2015 2:16am Dec 22, 2015 2:16am
Quoting Dyekid217
Hey all, Haven't been on FF for a while. Been away studying Price Action but now that I'm back into trading this method has produced some great results combined with an understanding of PA, waves, volume, and SR. Snagged a good trade on Kiwi during AO. Had some nice consolidation during LO earlier today below the half level. Price broke out during NY session so I entered during AO once we got above the quarter level. Avg. +30.9p Total +309p Today's trades: +786p My other two TVT20 trades are listed on the PVSRA thread in the secret forum lol. Can''t...
Great entry

Quote
secret forum
OnnaOrex
Do not be afraid to make mistakes, be afraid to repeat them.
  • #3,406
  • Dec 22, 2015 8:01am Dec 22, 2015 8:01am
EU, M5 +51.5 (avg pips +2.1) was not planning on trading today, but saw this and entered long on PA break of 1.09500 for quick scalp.
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDiM5.png Size: 77 KB
Keep It Simple
  • #3,407
  • Edited 8:49am Dec 22, 2015 8:31am | Edited 8:49am
EU M5 +112 ( avg +5.6 pips) re-entered long on EUR strength vs USD above 1.09500 key level. Was not planning on trading until 2016, oh well, the best laid plans sometimes must be changed........

Bottom chart: Sometimes we ask why quick scalps and possibly leave lots of pips on the table and then what if........?? Just food for thought...
Attached Image(s) (click to enlarge)
Click to Enlarge Name: EURUSDiM5.png Size: 71 KB
Click to Enlarge Name: EURUSDiM5 2.png Size: 76 KB
Keep It Simple
  • #3,408
  • Dec 22, 2015 8:49am Dec 22, 2015 8:49am
Great trading Cigar Guy. I have to thank you for the strength meter, it's been a great help finding the right pair to trade and is quite accurate unlike other strength meters I have tested. Using the meter and then studying PVSRA has been dead simple.

Right now i'm 100% win rate since Friday with 6 winning trades. I took two this morning after NY open so I'll post them up when I have a chance this afternoon.

Total for both trades was +450p. +1100p since Friday
  • #3,409
  • Dec 22, 2015 8:53am Dec 22, 2015 8:53am
Quoting Dyekid217
Great trading Cigar Guy. I have to thank you for the strength meter, it's been a great help finding the right pair to trade and is quite accurate unlike other strength meters I have tested. Using the meter and then studying PVSRA has been dead simple. Right now i'm 100% win rate since Friday with 6 winning trades. I took two this morning after NY open so I'll post them up when I have a chance this afternoon. Total for both trades was +450p. +1100p since Friday
Dyekid217,

Glad the meter is helpful in giving you a heads up on pairs to watch......and your doing so good.....
Keep It Simple
  • #3,410
  • Dec 22, 2015 9:02am Dec 22, 2015 9:02am
I've got to say that it's most likely due to my understanding of Price Action. Without knowing how the markets move around these levels it's quite hard to make the right trades without seeing the obvious signs. And without learning price action, volume analysis is that much harder. PVSRA just adds another layer of confluence, but I must admit that studying PVSRA has been more straight forward than any method I've encountered.

Price consolidates and breaks out.. consolidates and breaks out. The market is a repeating process... Usually when I see a cluster of volume with price consolidating at a previous area then it's a good sign to watch what price does.
  • #3,411
  • Dec 22, 2015 9:09am Dec 22, 2015 9:09am
EU M5 +100 (+5 pips avg) entered again on EU vs US strength with PA above 1.09500 with quick scalp target of 1.09750 key level.
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDiM5 3.png Size: 70 KB
Keep It Simple
  • #3,412
  • Dec 22, 2015 9:11am Dec 22, 2015 9:11am
Quoting cigarguy
EU M5 +100 (+5 pips avg) entered again on EU vs US strength with PA above 1.09500 with quick scalp target of 1.09750 key level. {image}
nice trade cant resist the dollar smell while on holiday ?
  • #3,413
  • Dec 22, 2015 9:13am Dec 22, 2015 9:13am
Quoting bolehbah69
{quote} nice trade cant resist the dollar smell while on holiday ?

Your Sooooo right.....trying to resist, but EU offering up nice pips today +263.5 .
Keep It Simple
  • #3,414
  • Dec 22, 2015 9:31am Dec 22, 2015 9:31am
Those PM'ing me for the strength meter; I have already posted it and it can be downloaded from the above paper clip....
Keep It Simple
  • #3,415
  • Dec 22, 2015 9:40am Dec 22, 2015 9:40am
thank you very much cigarguy !!


Happy Holidays to all of you !!!!!!
  • #3,416
  • Dec 22, 2015 9:42am Dec 22, 2015 9:42am
Quoting c76
thank you very much cigarguy !! Happy Holidays to all of you !!!!!!
Your welcome.....hope it helps.....but not for entries, just for a heads up on pairs to watch and further analyze.......
Keep It Simple
  • #3,417
  • Dec 22, 2015 11:05am Dec 22, 2015 11:05am
Quoting cigarguy
{quote} Your welcome.....hope it helps.....but not for entries, just for a heads up on pairs to watch and further analyze.......

Spot on with this one. A study of the charts will tell you if the move is already over extended. I like to take classic trades with price closer to the dragon but some days it's not the case. If price is usually far from the dragon I pay close attention to price action around key levels and follow the momentum.

Ultimately it comes down to experience when to stay out of the market and wait for a retrace.
  • #3,418
  • Dec 22, 2015 11:26am Dec 22, 2015 11:26am
EUR/GBP trade open/close :

Price consolidated around the quarter level with nice volume. After price moved upward toward the half level and broke through I knew the MM's were bulls. A strong push through allowed me to target the RDH. Average +19p. Total +190p
Attached Image (click to enlarge)
Click to Enlarge Name: EURGBPM15 12-22-15.png Size: 88 KB
  • #3,419
  • Dec 22, 2015 11:27am Dec 22, 2015 11:27am
GBP/CHF trade open/close :

Price consolidated at the whole number during Frankfurt/LO. Price quickly dropped off signalling MM's were bears. Nice selling volume past the next whole number during NY open. Price then consolidated below the whole number with big volume. To some this could be bull MM's but with price in a clear downtrend I suspected the oppposite. Big sellers to take out an area of support. Average +36.7p. Total +367p
Attached Image (click to enlarge)
Click to Enlarge Name: GBPCHFM15 12-22-15.png Size: 89 KB
  • #3,420
  • Dec 22, 2015 1:51pm Dec 22, 2015 1:51pm
I've been reading this thread for weeks in silence and still don't understand when to enter and exit trades? Would really appreciate if someone can explain, preferably with a attached image with the dashboard (would help alot)

regards
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