Hi all, i am a Chinese and also a newbie in FF. And my English is bad!(I use online translator a lot )
I haven't learning any other system except PVSRA: https://www.forexfactory.com/showthread.php?t=540706
and also many skills from Cigarguy https://www.forexfactory.com/showthread.php?t=575363
Thanks a lot.
I mentioned China because we have a very strange STOCK market:
1) You can only make long(buy) orders, then close the position. No sell(short) orders.(Not allowed!)
2) No leverage at all. (Not allowed!)
3) Something called "10% limit up" : Price can only fluctuating within 20% percent a day.
4) Something called T+1: Buying today and closing position after today.
5) +/-5% fluctuation of STOCK INDEX is very common
6) Stock index futures is T+0, but need minimum deposit to enter the market
7) Very High PE ratio, some more than 200
8) Little or none stock dividend
Thanks all these rules, everybody making money during bull trend, losing money in bear trend. All you want is BULL and BULL and BULLs
The result, rumors everywhere, and many skills developed trying to guess BIG GUY's money movement.
To be suspecting everything, trend == some guy manipulating the market.
And I found PVSRA fitted for my skepticism.
This thread will be a learning process for PVSRA ways of looking the market or other method finding Market Makers' footstep. Mainly focus on low time frame M15, M5, M1.
Any comments and chart style are welcomed!
For some reasons no demo account!
Thanks a lot
LTZ
I haven't learning any other system except PVSRA: https://www.forexfactory.com/showthread.php?t=540706
and also many skills from Cigarguy https://www.forexfactory.com/showthread.php?t=575363
Thanks a lot.
I mentioned China because we have a very strange STOCK market:
1) You can only make long(buy) orders, then close the position. No sell(short) orders.(Not allowed!)
2) No leverage at all. (Not allowed!)
3) Something called "10% limit up" : Price can only fluctuating within 20% percent a day.
4) Something called T+1: Buying today and closing position after today.
5) +/-5% fluctuation of STOCK INDEX is very common
6) Stock index futures is T+0, but need minimum deposit to enter the market
7) Very High PE ratio, some more than 200
8) Little or none stock dividend
Thanks all these rules, everybody making money during bull trend, losing money in bear trend. All you want is BULL and BULL and BULLs
The result, rumors everywhere, and many skills developed trying to guess BIG GUY's money movement.
To be suspecting everything, trend == some guy manipulating the market.
And I found PVSRA fitted for my skepticism.
This thread will be a learning process for PVSRA ways of looking the market or other method finding Market Makers' footstep. Mainly focus on low time frame M15, M5, M1.
Any comments and chart style are welcomed!
For some reasons no demo account!
Thanks a lot
LTZ
Be a spectator, not a player