Re: Questions & Answers
Posted: Wed Apr 01, 2020 12:38 pm
Thanks Tah, I will do that!
Trading with Price Volume Support Resistance Analysis
https://pvsrainternationalwithtraderathome.com/
https://pvsrainternationalwithtraderathome.com/viewtopic.php?t=2
Thanks Tah, I will do that!
Hi runner,runner wrote: ↑Mon Nov 04, 2019 1:05 amTAH,Traderathome wrote: ↑Thu Oct 03, 2019 1:26 pm "Hold, Fold, Switch"
Dear PVSRA Musketeers,
I know of no person so adept at riding the coattails of the MMs as is our member "runner". To my knowledge, "runner" coined the phrase "HFS: Hold, Fold, Switch", and it has a lot to do with his success. And there is a lot to learn from runner's posted trades since HFS is involved as a discipline, whether it had to be acted upon with a trade being closed (or closed and switched) or did not have to be acted upon. We are fortunate to have runner as a member, participating and sharing.
Because a large percentage of traders have difficulty bringing themselves to close losing trades before they get to be BIG LOSING TRADES, and then have even more difficulty keeping themselves from adding to BIG LOSING TRADES, the HFS discipline is the best partner to our PVSRA core trade management discipline of trading very, very light relative to account equity. So, to help all PVSRA Musketeers understand HFS, here is a synopsis:
HFS: What to do When PA Goes to Wrong Side of Dragon.
1) Wait to see if PA also breaks nearest SR on wrong side of Dragon.
- Yes? Fold!
2) If "No? Hold!", then wait to see if PA ranges and later breaks the range in the wrong direction.
- No? Hold!
- Yes? Fold!!
3) Whenever "Yes? Fold!", assess for new direction "Switch trade".
- No? Hold!
4) Whenever "No? Hold!", sit on hands and continue to monitor your trade!
HFS is a profitable discipline for traders. I thank runner for his participation here and annotating his posted trades for HFS considerations. I also welcome runner's corrections and/or additional thoughts on HFS as described here.
Sincerely,
Tah
Thanks, but I think it's not me who coin that HFS term. I believe someone at FF or here. Anyway, I'm not fully interpret things technically, I also always lookin at news feed for the dynamic of the market. Probably I'm too complicated, but IMHO it always important at big events. Somehow any comments, tweets, can change the direction of the movement and MM's/Algo work faster than any retails. We might have dispute here, but of course, u can always negate me too, since it seems not inline or contradict the core PVRSA ideology .
Dear runner,
We have no dispute here. Not at all! mja tells me you are a "fundamentals" kind of guy. You are a good trader with quick responses. But not many are so adept as you are with keeping up with moment to moment changes in "fundamentals", and quick responses to them that are correct. This is why "HFS" is presented more mechanically, based on what does happen on the chart rather than what might happen there or elsewhere. Tah
Actualy it is very simple and tah is right. PVSRA is not a trading method- it is analisys method . You can adapt PVSRA to any trading method- scalping, intraday, swing trading and you have a proof of that all over this forum and even all over the internet .firewallcj wrote: ↑Fri Jan 03, 2020 2:24 pmIn fact, i dont even use translator on this particular forum. Furthermore, ive already read posts on study hall, because of that, im asking for a bit further advices. My strategy is already built along with my indicators which i have backtested and fowardtested. So, if the (majority) of information that i collect append Psvrsa to a M15 and smallers timeframes, its totally legitimate to ask if this system can be integrated on dialy timeframe (and how different readings that i've to know).Traderathome wrote: ↑Fri Jan 03, 2020 9:42 amYou have a strategy already? Great, but you don't know yet what PVSRA is! You have not yet applied yourself to the HOMEWORD required here. If you had, you would understand some details about PVSRA (which you do not) and why your question is already answered. Every day that goes by here we are faced with "incoming" that don't bother to read all we have provided before asking questions. Most, in fact, cannot read English (so how so they expect to learn here and participate here?) or choose not to read and follow the Registration Instructions, leading to 90% deleted weekly (on a daily basis). We know most come and use translators to make a "good sounding" Introduction post, thinking they can get our free download and leave...not realizing in their ignorance they can get the free download without doing ANYTHING!firewallcj wrote: ↑Fri Jan 03, 2020 6:49 am Hi there,
As a swing trader, how can i adapt PVSRA to my strategy? There's any rules to apply differently? Any suggestions to follow?
Best regards,
Will
So, if it is the download you came for, take it with our blessing. But if you came here to be a part of HERE, and grow more successful and to help others HERE, enjoying all that we have and do HERE, …….start reading. Do your HOMEWORK, please. Much will be revealed and you will not be disappointed as time goes on.
- Tah
Best regards!
Hi skyllo,Skyllo wrote: ↑Sat Mar 07, 2020 11:36 am Dear Tah,
There are some contradiction in my mind about your risky trade 'building along with MMs'. I read many post about it, especially in old thread in FF, and sometime your post in this forum. Using PVSRA we know what they are building, but we never know how far and when they run market for profit. Yes, you told us to use relative light lot and close before loss reach 3 percent.
But what happen if they drops hundreds pips before bull and make my account MC, or just drops 3,5 percent and market pullback, or run profit in next months? I am just afraid fall into overconfidence, or the worst is hope to market. 'I am using PVSRA and my analysis is always right so i will hold entry till they run for profit'. I hope you can give me some enlightenment about this or how you handle your risky trade with this contradiction?
thanks a lot
What if you just trade TVT 20 FIFO, trading very light relative to equity and close trades before light green or light red goes to deep red.....TVT20 FIFO refers to profits within the day and within a reasonable pips move......and you would hold such a trade, just looking at it while MMs run it "...hundreds pips...." against you? That being the case, get out of this business.
- Tah
Hi Zan
Because of corona the schools around the world are using internet all days long and because of much worse internet connections these days MT4 terminals are overloaded if you use more then 4 charts open at 4GB Ram computers . I am closing charts that I don't need regularly and also delete the history from my PCs at least once a day ( comparing to precorona once a week history deleting) which helps to free up the RAM at slower internet service ....Hope it helps.
Thank you for your support. I managed to download it. Thanks!
yep (see spread - bid vs ask price difference - for more on this)
THANKS MJAmja wrote: ↑Mon Apr 06, 2020 10:35 amyep (see spread - bid vs ask price difference - for more on this)
Cheers,M
When you short you are selling at the Bid price. To close that short, you must buy out at the Ask price and therefore the Ask price must come down to equal your entered TP price.
When you go long you are buying at the Ask price. To close that long, you must sell off at the Bid price and therefore the Bid price must come up to equal your entered TP price.
Also, you do not need to keep the mt4 trade levels feature on, since our Trade Levels indicator does draw the SL/TP lines as well as the EP lines. So, if you do not need the mt4 lines, you can turn them off and have a cleaner chart.
- Tah
Registrations must be approved before access to downloads is permitted. This is not an instant happening, as is clearly stated in the Registration Instructions. Your registration is now approved and you should find you have access to the PVSRA v2 download.marcos260795 wrote: ↑Sat Apr 11, 2020 4:02 pm I didn't have the necessary permissions to view the files attached to the post, but I'm logged in, what do I do?
Your registration is approved and you now have access to PVSRA v2 Download. - TahWing0407 wrote: ↑Wed Apr 15, 2020 1:39 pm Hello,
I have registered and followed instructions for registration carefully a couple of days ago. I've been learning a lot more by reading and studying in the study hall. Thank you very much for this page. I wish I could be given permission to view attachment in the PVSRA Download section. Please tell me what more to do.
Many more thanks.