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M1 What's next

  • #1
  • First Post: Edited Mar 12, 2017 9:40pm Feb 28, 2017 11:34pm | Edited Mar 12, 2017 9:40pm
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
Be a spectator, not a player
  • #2
  • Edited Mar 1, 2017 1:11am Feb 28, 2017 11:39pm | Edited Mar 1, 2017 1:11am
EC price bounce back from pivot R138, hoping up so SM can close their longs...
Attached Image (click to enlarge)
Click to Enlarge Name: EURCADM15.png Size: 75 KB

Targeting R161, maybe close the trade if seeing sign of big retrace
Attached Image (click to enlarge)
Click to Enlarge Name: EURCADM1.png Size: 62 KB

Stop lossed
Maybe EUR was too weak, but before the red candle, some signs MM was buying, by now still thinking price will go above R161
Attached Image (click to enlarge)
Click to Enlarge Name: EURCADM5.png Size: 87 KB
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  • #3
  • Mar 1, 2017 1:49am Mar 1, 2017 1:49am
EURUSD, M15 download trend was so obviously, and big volume, but volume was too big comparing with the price spread, so there was some struggle

3 longs, 1,2 were stopped out at BE, the 3rd stopped out by trailing stop
Attached Image(s) (click to enlarge)
Click to Enlarge Name: EURUSDM15.png Size: 104 KB
Click to Enlarge Name: EURUSDM1.png Size: 88 KB
Be a spectator, not a player
  • #4
  • Mar 1, 2017 2:04am Mar 1, 2017 2:04am
Quoting wiserltz
EURUSD, M15 download trend was so obviously, and big volume, but volume was too big comparing with the price spread, so there was some struggle 3 longs, 1,2 were stopped out at BE, the 3rd stopped out by trailing stop {image} {image}
OK! The struggle looks like finished, MM will hunt for the stop loss of these longs, short and get some pips
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDM1.png Size: 72 KB
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  • #5
  • Mar 1, 2017 5:25am Mar 1, 2017 5:25am
GBPUSD short, closed because other USDXXX not following the move
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GBPUSDM15.png Size: 99 KB
Click to Enlarge Name: GBPUSDM1.png Size: 75 KB
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  • #6
  • Edited 6:03am Mar 1, 2017 5:51am | Edited 6:03am
Another 2 shorts following the momentum
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDM11.png Size: 72 KB


Chasing price on the way to RDL
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDM111.png Size: 68 KB
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  • #7
  • Mar 1, 2017 6:14am Mar 1, 2017 6:14am
EURUSD short, bad trades
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDM5.png Size: 96 KB
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  • #8
  • Mar 1, 2017 2:50pm Mar 1, 2017 2:50pm
Quoting wiserltz
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!)...

Maybe you want to stick to the DOW, and SPX....they are all about the bulls now
  • #9
  • Mar 1, 2017 7:30pm Mar 1, 2017 7:30pm
Quoting meyoik
{quote} Maybe you want to stick to the DOW, and SPX....they are all about the bulls now
Hahaha, money is not free convertible, DOW and SPX cann't access here, all dealers are oversea
Be a spectator, not a player
  • #10
  • Edited 7:51pm Mar 1, 2017 7:34pm | Edited 7:51pm
Quoting wiserltz
EC price bounce back from pivot R138, hoping up so SM can close their longs... {image} Targeting R161, maybe close the trade if seeing sign of big retrace {image} Stop lossed Maybe EUR was too weak, but before the red candle, some signs MM was buying, by now still thinking price will go above R161 {image}
Beautiful double heads, and resisted by whole level and R200, closed my long position, may short on later weaker wave
Early 2 trades were stop lossed
Attached Image (click to enlarge)
Click to Enlarge Name: EURCADM5.png Size: 111 KB
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  • #11
  • Mar 1, 2017 7:46pm Mar 1, 2017 7:46pm
A simple tool I coded for profile tick volume on chart
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 380013USDJPYH1.png Size: 104 KB
Click to Enlarge Name: 582444AUDUSDM30.png Size: 128 KB
Attached File(s)
File Type: ex4 RProfile.ex4   62 KB | 398 downloads
Be a spectator, not a player
  • #12
  • Edited 9:09pm Mar 1, 2017 8:59pm | Edited 9:09pm
I think MM was finishing their longs, but trading this low liquidity was a bad idea
Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPYM1.png Size: 90 KB


Some thought
Attached Image (click to enlarge)
Click to Enlarge Name: USDJPYM1.png Size: 94 KB


Wow
Attached Image (click to enlarge)
Click to Enlarge Name: USDJPYM11.png Size: 80 KB
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  • #13
  • Edited 10:01pm Mar 1, 2017 9:34pm | Edited 10:01pm
EURCAD moved sl to BE, see what's next....
Good! stopped out +0.05$
Attached Image (click to enlarge)
Click to Enlarge Name: EURCADM1.png Size: 102 KB
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  • #14
  • Mar 2, 2017 1:28am Mar 2, 2017 1:28am
Rectangle area, spread is small, volume is not very small compare with previous area in the same chart, what's that?
I take this as MM buy & sell at the same time, so a reasonable result will move down and then up quickly, not trading it just looooook
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDM15.png Size: 90 KB

Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDM1.png Size: 85 KB
Be a spectator, not a player
  • #15
  • Edited 3:18am Mar 2, 2017 2:47am | Edited 3:18am
USDJPY
Attached Image (click to enlarge)
Click to Enlarge Name: USDJPYM1.png Size: 82 KB

8pip scalping, red 30pips
Attached Image (click to enlarge)
Click to Enlarge Name: USDJPYM11.png Size: 86 KB
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  • #16
  • Edited 4:50am Mar 2, 2017 4:04am | Edited 4:50am
Quoting wiserltz
Rectangle area, spread is small, volume is not very small compare with previous area in the same chart, what's that? I take this as MM buy & sell at the same time, so a reasonable result will move down and then up quickly, not trading it just looooook {image} {image}
Worrying this reason, trailing stop for the shorts
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GBPUSDM5.png Size: 93 KB
Click to Enlarge Name: GBPUSDM151.png Size: 137 KB
Be a spectator, not a player
  • #17
  • Edited 6:05am Mar 2, 2017 5:13am | Edited 6:05am
Quoting wiserltz
{quote} Worrying this reason, trailing stop for the shorts {image} {image}
Short base on this
(Since I “know” price will down, any local high it good for sell, but need to play safe)
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDM1ZZ.png Size: 46 KB
Be a spectator, not a player
  • #18
  • Mar 2, 2017 6:09am Mar 2, 2017 6:09am
EURCAD lost my patience, closed the trades
Attached Image (click to enlarge)
Click to Enlarge Name: EURCADM1.png Size: 110 KB
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  • #19
  • Edited 11:50pm Mar 2, 2017 10:42pm | Edited 11:50pm
UJ Worrying about the retrace close all previous longs.

Small scalping with trend
Attached Image (click to enlarge)
Click to Enlarge Name: USDJPYM1.png Size: 90 KB
Be a spectator, not a player
  • #20
  • Edited Mar 3, 2017 12:52am Mar 2, 2017 11:57pm | Edited Mar 3, 2017 12:52am
EURCAD entered sell again......
Attached Image (click to enlarge)
Click to Enlarge Name: EURCADM15.png Size: 112 KB
Be a spectator, not a player
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