PVSRA
PVSRA+TLs M5-H1 Forward Test All Time Return:
36.1%
PVSRA (Price, Volume, S&R Analysis) 7,852 replies
PVSRA Scalping 13 replies
PVSRA Scalping EA 1,289 replies
Scalping M5 with PVSRA / 10pips Daily 64 replies
PVSRA Scalping 0 replies
Disliked{quote} Fisher755, Good to see you here........Nice trade as always.....Ignored
DislikedAnother one just 1 Minute trade! Now I need to make this as consistent as possible. {image}Ignored
DislikedAttached is EURUSD-M5, with Fibonacci numbers EMAS from 3-987...does it make difference to any rainbow bunch of EMAs? blue EMA is 21 and gold is 200. All depend on traders interpretation. trader can see that many Fibonacci EMAs are touched...Does it mean anything ? I do not know ..It is on trader to interpret... If I don't have any of these EMAs to me wouldn't make difference. Exception is EMA 200 which I have always no mater what. {image}Ignored
DislikedAttached is EURUSD-M5, with Fibonacci numbers EMAs from 3-987...does it make difference to any rainbow bunch of EMAs? blue EMA is 21 and gold is 200. All depend on traders interpretation. trader can see that many Fibonacci EMAs are touched...Does it mean anything ? I do not know ..It is on trader to interpret... If I don't have any of these EMAs to me wouldn't make difference. Exception is EMA 200 which I have always no matter what. {image}Ignored
DislikedHi Cigarguy, I've been following & reading this thread for 2 weeks now. You and some others shared some great value. I really appreciate the time & effort you guys are putting into PVSRA thread. I've discovered that scalping is my thing (although i don't like to sit hours behind the computer). Do you also trade PVSRA on 1H and 4H? Thx T. {image}Ignored
Disliked{quote} good point ruma29 - What's working, right ? Also, if one scroll back a chart, put some random horizontal lines on it and then scroll forward... The lines will be respected! The good thing though with the PVSRA template, is that price consistently respect psy levels. And the dragon is helping me avoiding being on the wrong side of the trend. Even though sometimes I go against the dragon.... I think the main point is the capability of a trader to read the market with a clear, relaxed mind. In this aspect the suggested EMA's proposed by cigarguy...Ignored
QuoteDislikedI am not suggesting the EMA's are better or anything. But I still think it might bring more clarity to the market direction...
DislikedPVSRA Scalpers; Just a quick update as to my proposed changes to our beloved Dragon (50 ema ) as seen on the below chart, but still too early to tell ........My idea is that possibly by adding the additional ema's we, as FIFO Scalpers, may gleam a bit more of an edge from our Dragon with our PVSRA entries additional confirmed by a ema roll over for trend change or a widening of these emas as our trend gains strength and remains in tact...........The dragon has served us well so this remains as a test for now as we remain open minded to change..............Ignored
Disliked{quote} Hi Cigarguy; I've just had a quick look at the thread and I see you are using the 200 EMA and 50 EMA Dragon on the M1. Have you thought about using the 240 Simple MA = H4 instead of the 200 EMA and instead of 50 EMA try the 60 Simple MA = H1. 60 Simple MA on the M1 = 1 Simple MA on H1 240 Simple MA on the M1 = 1 Simple MA on H4 See these two posts by Crucial Point. Post #16 Post #26 The...Ignored
Disliked{quote} Close Fibonacci numbers to 240 and 60 are 233 and 55. What does it make difference for trading? Different decision? Nothing. Is there significant difference between EMA 50 and EMA 55 effecting trading decision? Absolutely not. Understanding trading itself and corresponding interpretation of indicators make difference and give meaning to trading.Ignored