PVSRA (Price, Volume, S&R Analysis)

Only Volume will not help you much. It must be in sync with PA and SR levels for better probability.
On Daily it is the best to identify SR area and price stalling- conolidation...and then go down to H4, H1 and M30 for confirmation.

Bear always STANDS UP before the real move and Bull always BOWS DOWN before the real move

Gold: Classic long.
Price reached 4h/Daily support.
Found High activity at the bottom.
Momentum.. and GO!

EUR/USD:

I'm interested to know how it's being read full stop! IMHO it's worthless

Hi,

New poster here, long time creeper, did my homework but I still got the feeling I'm far from success. Perhaps I'm trying to do too many times at the same time, so I decided to dedicate all my limited Forex time to PVSRA and the various system entries (scout, classic and tp20).

Here's my analysis at the time of my entries, please feel free to correct me, although the trade went well I feel like I went in too late, also I'm not sure if I'm reading Volume well.


EU h1 => horizontal bar at 1, I see MM as bears. New local high broke full number on low volume, stop hunting perhaps. First high volume red bar shows bears then the 2nd one clearly confirms it and breaks the TL, price then accumulate on low volume under round number.
Before the 2nd horizontal line I see volume used to stop the fall, then at 2 it breaks half number with high volume => I see this as the bears locking in profits while killing SL traders. MM might become bullish.

For better confirmation, I'm going to the eu M15 chart.


The black rectangle looks like distribution zone. At 3 we see high bull activity, confirming what I thought of earlier. The move breaks the half number which holds as support with low volume as it slowly approaching the TL, then the last high is broken and my "buy" area begins (the dark green ellipse).

I start to unload my ammunition as I see PA as bullish on my EU1M as well, perhaps too many positions.


I closed some of the trades in profit, the other I let them run as for now I see the price bullish, the retrace is being made on low volume. I have a virtual SL just under 1.09700, if it gets hit I end in profit and then I look again for a new longs.

I'm sorry for the quality of my charts, I'm inexperienced at posting.
Please don't be fooled by this trade, I failed a lot more often than I succeed in Forex.
Some of you experienced guys, can you tell me if I have the proper analysis? Am I trading the system right or did I get something entirely wrong?

Thanks for your advice.
Regards.
Diez

EDIT : SL hit, overall in good profit. M1 now looks bearish to me. However if price goes again above 1.097 I might go long again if I get confirmation on m1.
EDIT2 : My EA went in with my limit orders while I was sleeping, pretty good profit for now.
Question : I just noticed that my FFCAL Headlines has only error messages : Additional news per settings is not scheduled. Any idea how to fix this, I don't even find the indicator

My analysis on UJ:




On M1 red volume is rising while blue volume is falling.
I got my entry set under round number, with TP at next round number. Gonna update as it goes, please feel free to comment.

Edit:Order canceled due to UJ new high.

I HAVE BIG REQUEST to FISHER and TRADER AT HOME. PLEASE, could you mark on your charts on every trade where do you put SL ? Because this is the most important thing in trading in my oppinion, so please could you mark SL lines mark on chart, after you post it on the traderathome forum and here? PLease, please..

USD/JPY - First part in.

Just blew up a 10k usd trading gold and letting losses run.
Found this thread and see potential. Anyone here suceeded in harvesting 20 pips daily consistenly?

USD/JPY - Second part closed.






Hey Dan, I hope it's money that you afforded to lose.
Next time, Open much more smaller account.
Trading isn't easy - it's takes years by years to reach the point when you are profitable.
It's alot - about the mindset, you must become one with the market mentally/emotionaly + have great control with your skills.

For example - i'm not yet a profitable trader (for the long run with the money that I lost in the past).
Good luck.

AUD/JPY- Classic short.

TraderAtHome, Fisher, what is your money management ?
DO you take profit 20 pips and set SL for 50 / 100 pips ??

Closed some for LONG and let the rest fly in AUDUSD

Jumped on the Eur/Usd freight train at the right platform (jumped off a bit to early though but no complaints!)

I entered trades on m15 chart but the chart below is the m30. Shows the same story:



I know the question is not directed at me but when I enter trades I don't set an initial hard stop. MM's love to spike price the wrong way before a big move (see Denmas post above). The only stop I use is a trailing stop (should be called trailing take profit really!) when I am well into profit and away from computer or asleep.

What when you think they accumulate but they distribute.. What if you open position and it goes against you ? You wait for reset you account ??

noted about S&R, but i believe sonic's volume strategy might have something similar with this

https://www.tradingsetupsreview.com/...olume-signals/

what do you think?

AUD/USD- classic long.
MM's built long under whole number.

15m:


1h:

EUR/USD +70
H1 Chart, Explanations on chart

USD/JPY +18 Explanation on chart