{quote} Accurate and confirmed one. Thanks.
You guys rock The Earlier You Start, The More Time You Have To Mess Up.
- #325
- Jan 27, 2016 5:57am Jan 27, 2016 5:57am
- Joined Jan 2007 | Status: Senior Member | 6,517 Posts
{quote} Hey Cigarguy, congratulations for the new thread! I read about PVSRA and following tah's posts since Sonic R System, but I never fully understood the matter of "grabbing stops", and it's something that "sit on my mind". What does it help for the Smart Money, Market Makers or whatever we choose to call them to grab our stops? how does they make any money from it? I understand that they can make luquidty creation from those moves but never understand how they actually make money from it. I will love to hear from...
That is a good questions and is too complicated to answer here as it requires a detailed explanation and examples. I suggest that you Google your question to find it answered for your understanding. Although, I will give you this quick link to read;
http://www.fxkeys.com/stop-loss-hunt...rs-what-to-do/
There are many charts where a trader can observe a currency trending and then out of nowhere, a long candle will quickly appear up & down grabbing stops. Hope this helps......I have seen it many times and been a victim to these thieves, so now I only place an emergency stop and manage each trade like a hawk........
Keep It Simple
- #326
- Jan 27, 2016 6:00am Jan 27, 2016 6:00am
- Joined Jan 2007 | Status: Senior Member | 6,517 Posts
PVSRA Scalpers/Traders; There are so many good profitable PVSRA trades posted above with excellent explanations, all deserve a congrats.....
.
. Keep It Simple
{quote} Thanks sir
You can call me Anon.
The Earlier You Start, The More Time You Have To Mess Up.
- #331
- Jan 27, 2016 6:05am Jan 27, 2016 6:05am
- Joined Jan 2007 | Status: Senior Member | 6,517 Posts
Quick one on UC M1 {image}
Great chart and explanation. I like your method of showing the details on your chart and should be helpful to all......
Keep It Simple
PVSRA Scalpers/Traders; There are so many good profitable PVSRA trades posted above with excellent explanations, all deserve a congrats.....
and your rocking trades
The Earlier You Start, The More Time You Have To Mess Up.
- #333
- Jan 27, 2016 6:08am Jan 27, 2016 6:08am
- Joined Jan 2007 | Status: Senior Member | 6,517 Posts
{quote} Also Congrats to you Bro
Just attempting to relieve the Banks of some of their ill gotten money.....
Keep It Simple
- #338
- Jan 27, 2016 6:42am Jan 27, 2016 6:42am
- Joined Jan 2007 | Status: Senior Member | 6,517 Posts
GU M5 FIFO scalp +85 (avg. +1.7) Just saw this chart and made a terribly late entry short (only held for approx 2 min.) right near support and 38.2% fib. and was only saved due to momentum...don't recommend anyone to try this for sure and thanks to a fast ECN.......
Keep It Simple
- #340
- Jan 27, 2016 6:55am Jan 27, 2016 6:55am
- Joined Jan 2007 | Status: Senior Member | 6,517 Posts
GBP/USD +1.7 M1 I got in a little late. High Volume under whole level followed by some small consolidation. Got in a little after the break of that consolidation. {image}
Ah Ha, nice job as much better trade then mine as you caught the retrace ............
Keep It Simple