Revoli, Thank you for this post as it clearly highlights what I may not have been able to explain. Ok, it's just my singular view but I like to be with the trend (15mins, 4H whatever I'm looking at), and looking for entries to get on the trend. So ...

Sonic R. System

I think simple volume analysis from Wyckoff/ Tom Williams can get you to the same place without the draw-down and histrionics. In the spirit of compromise, and to keep an open mind, let's agree to keep an eye on, say usdjpy 4h as I posted to tymedu ...

Sonic R. System

the resistance will be suspect..... if you end up with USDJPY long PVRSA opportunities in the future (and you have patience) you could consider this... image shorter frames almost at target image

Sonic R. System

I'm glad that you have made chunky profits from PVSRA, and I hope it continues for your account, especially as you have a mortgage to fund. Unfortunately there are a couple of of technical problems with what you request, 1) I completely disagree ...

Sonic R. System

you're on the right track....Dr Andrews would be proud... become a bit more circumspect with your entries, rather than blindly entering, understand your pivots a bit better, and you will be a cash register... image

Sonic R. System

I will use the volume reading first, as the ema is a bit to choppy for me, and only a secondary consideration as they have separated. As soon as the sniff of buyers comes on to the chart, ie rising volume accompanied by green bars, I'll either look ...

Sonic R. System

eurusd not quite 3 dragons 1st arrow, high vol bar... 2nd arrow, no follow through, and next bar shows buyers turning up.... go long image not quite the enthusiastic buyers I was expecting, quite boring actually.... my 3 hours is up so just square ...

Sonic R. System

gbpusd not quite 3 dragons.. 1st arrow, Large volume, but small range, 2nd arrow, Downside move on unimpressive vol, no follow through 3rd arrow, price moves back above the dragon on buying strength... buyers have tipped their hand, buy image ...

Sonic R. System

Thanks Qfish, I would not want you to agree with with me fully, in fact disagree with everything I have said and then prove me wrong. That is the only way to gain your own knowledge of what is real and relevant in this market. You should always be ...

Sonic R. System

I wish you well in your journey, and hopefully a life long dance with the markets. There will be lots of different paths that you will take, different methods you will examine and over time you will take a piece from each strategy, and make it into ...

Sonic R. System

Tah, It would be foolish for you to equate my joining time at FF with the time taken to read, and understand PVSRA, and general market experience. I have seen the time and effort you have taken to compile it over many months. I have also seen what ...

Sonic R. System

For your account health I certainly hope that your right. I have read the PVSRA documents but I politely choose to discard it as I see no long term value in it, and put it in the bin along with Elliot, Gann, Fibonacci etc. Picking 1 minute bars to ...

Sonic R. System

If you're going to add to your account, then you should make sure that you add enough in your account to be able to keep averaging shorts until at least 1.3700... Maybe it may just be the very wise MM's making money from the all the eurusd shorts ...

Sonic R. System

Please tell me what you see as 'very bearish' about this chart...? Yes, exactly, nothing!

Sonic R. System

your trading FAR TOO BIG POSITION SIZE if that's the case if you want to keep averaging against the trend then you should be trading comfortably like this

Sonic R. System

eurusd 3 dragons buyers coming in at the high volume, narrow range bar (red circle) but not nimble enough to get the entry.... 3RR missed.... image

Sonic R. System

eurusd 3 dragons small range bar with high volume.... price drifts higher, mm's are buyers! leave a limit buy order a few pips below the current price, with the s/l under the mm's declared buying interest image after a slow grind of nothing, ...

Sonic R. System

3 dragons gbpusd a little late with the entry, the narrow range high volume bar marked with an arrow didn't result in any price move down, so those big bad boogie men called MM's.... are buyers!....trying to pick on all the little retail traders ...

Sonic R. System

3 Dragons gbpusd London opens with some buying interest, try to get long on a pullback image Chasing price reluctantly image eventually get long, and can get to b/e image bit of a grinding old market and out at b/e.... some possible ...

Sonic R. System

Nothing bearish in your chart that I can see. MM's know the retail muppets are short eurusd, gbpusd and long usdchf and they will bleed them..... image If price moves to an area of prior confirmed support, then maybe, just a maybe, it's worth ...

Sonic R. System