I see we have some new PVSRA scalpers already making nice pips.....Welcome and congrats to ALL.....
CG
CG
Keep It Simple
PVSRA Scalping with Cigarguy
- #9,581
- Jun 26, 2017 7:00am Jun 26, 2017 7:00am
- Joined Jan 2007 | Status: Senior Member | 6,517 Posts
- #9,582
- Jun 26, 2017 7:07am Jun 26, 2017 7:07am
- Joined Jan 2015 | Status: Never underestimate value of an pip | 4,683 Posts
I see we have some new PVSRA scalpers already making nice pips.....Welcome and congrats to ALL.....
- #9,583
- Edited 8:40am Jun 26, 2017 7:24am | Edited 8:40am
- Joined Jan 2007 | Status: Senior Member | 6,517 Posts
{quote} Teacher make's difference
Thanks for the kind words, but I am actually not a teacher as there are others here better suited for that job. I am a trader that enjoys trading and sharing ideas with other like minded traders in a helpful and congenial atmosphere and that was the main catalyst for me to start this thread.
Thanks for the nice comment...
Stay GREEN My Friend,
Cigarguy
Keep It Simple
- #9,584
- Edited 8:06am Jun 26, 2017 7:47am | Edited 8:06am
- Joined Jan 2007 | Status: Senior Member | 6,517 Posts
Hello cigarguy and all PVSRA musketeers... +++ first post here +++EJ, TVT20, using the high volume at London Open. (+22p.) thanx to cigarguy for this thread, and fisher755 for TVT20!
{image}
Interesting that you mention fisher755 and TVT20 which calls for just a bit of history. I traded/scalped on the old Sonic R and PVSRA threads with TAH, fisher755 and leentjal a few years ago. fisher755 coined our group The Dream Team I guess primarily becausse we were all doing well and communicating as thread contributors.
At that time I was the resident scalper trading mostly M1 when most traders where trading the M15 classic PVSRA entries. I was making nice small + pip scalps with increased lots (as I continue this day) when others were going for larger 20 + pip trades including the Scout entry. Many trading the classic entries and targeting large pips had tremendous draw downs, holding trades for hours, days and weeks and disappeared from the threads. TAH, fisher755, leenhtjal and I were among the few active traders remaining after some time. After most traders left fisher755 introduced a method for shorter term trading which was much safer then the old style somewhat based on my FIFO scalping style.
After TAH was banned from FF and left, fisher755 followed and leentjal stayed and continues to trade today on the old PVSRA thread. I then left and started our current thread focusing only on PVSRA scalping.
The above is probably of no concern to new traders but I see a few that have been around for awhile and might be interested in some PVSRA history as we had some very rocky roads during those years.
I have from time to time received inquiries as to what hppened to the old thread. Hopefully this will help to clear up some unanswered questions as why traders left and the thread mostly became silent.
There is much more history about the old Sonic R thread that no longer matters and is of no consequence to our thread.
Regards,
Cigarguy
Keep It Simple
- #9,589
- Edited 10:03am Jun 26, 2017 8:42am | Edited 10:03am
- Joined Jan 2007 | Status: Senior Member | 6,517 Posts
Thanks for history Cigarguy, I like it. It's good to know. Now I understand why the old thread down in popularity.
Want more pips? OK increase your lots...
Keep It Simple
- #9,591
- Edited 9:23am Jun 26, 2017 8:46am | Edited 9:23am
- Joined Jan 2007 | Status: Senior Member | 6,517 Posts
[Quote = Vape; 10018989]. {Quote} La primera pgina puede ser un buen punto de partida [/ quote] Yes, I know, but I see that the templates have changed a lot. Thank you Yes, I know, but I see that the templates have changed a lot. Thank you
Keep It Simple
- #9,594
- Edited 9:23am Jun 26, 2017 8:51am | Edited 9:23am
- Joined Jan 2007 | Status: Senior Member | 6,517 Posts
Nice scalps...you guys are killing it for a Monday..
Keep It Simple
- #9,595
- Edited 9:22am Jun 26, 2017 8:57am | Edited 9:22am
- Joined Jan 2007 | Status: Senior Member | 6,517 Posts
5 pip targets are much easier and safer to hit with, let's say 5 lots as an example, then 25 pips with more market exposure for retraces.
Each trader must decide what works for them. Just my style..
CG
Each trader must decide what works for them. Just my style..
CG
Keep It Simple
- #9,596
- Edited 6:13pm Jun 26, 2017 9:06am | Edited 6:13pm
- Joined Jan 2007 | Status: Senior Member | 6,517 Posts
It's kind of interesting, talking about the old PVSRA thread as many traders who were their and now gone joked about my small pip scalps.
But I'm still here making my small pips...lol...
Greed is only good in the movies..
CG
But I'm still here making my small pips...lol...
Greed is only good in the movies..
CG
Keep It Simple
- #9,597
- Jun 26, 2017 9:56am Jun 26, 2017 9:56am
- Joined Jan 2007 | Status: Senior Member | 6,517 Posts
UJ M1 FIFO scalp +23 (+4.6 @ 5 lots) See charts...
Case in point from previous post; I would not have banked these pips if not scalping and position trading for 20 or more pips with more market exposure as I discussed earlier...
5 pip targets are much easier and safer to hit with, let's say 5 lots as an example, then 25 pips with more market exposure for retraces.
Each trader must decide what works for them. Just my style.
Case in point from previous post; I would not have banked these pips if not scalping and position trading for 20 or more pips with more market exposure as I discussed earlier...
5 pip targets are much easier and safer to hit with, let's say 5 lots as an example, then 25 pips with more market exposure for retraces.
Each trader must decide what works for them. Just my style.
Keep It Simple
- #9,598
- Jun 26, 2017 10:07am Jun 26, 2017 10:07am
{quote} RichyS, Interesting that you mention fisher755 and TVT20 which calls for just a bit of history. I traded/scalped on the old Sonic R and PVSRA threads with TAH, fisher755 and leentjal a few years ago. fisher755 coined our group The Dream Team I guess primarily becausse we were all doing well and communicating as thread contributors. At that time I was the resident scalper trading mostly M1 when most traders where trading the M15 classic PVSRA entries. I was making nice small + pip scalps with increased lots (as I continue this day) when others...
thanks for this review, of course it is very interesting for me! i also found the sonic scout trades much too risky, but a good classic setup is by far not so risky, when you take profit the same day. i like the TVT20, because for me it feels saver to stay in for 20 pips, than to make 5 pips four times a day. at the beginning i cannot trade with big lots, because my account is too small...
also you have to pay the spread everytime. my favourite pair is the GJ, and it has the highest spread of the pairs i trade. my goal is 50 pips per week, so i could do 10 pips every day, but monday and friday is risky, therefore i better go for 20pips on tuesday, wednesday and thursday...just one trade a day. i hope i can grow my account, so that i also can go for small pips with bigger lotsize. i already burnt 2 live accounts because of revenge trading
, and i try to avoid this now by doing just one trade a day. Regards,
Richy
blessed is he, who can wait.
- #9,599
- Jun 26, 2017 10:21am Jun 26, 2017 10:21am
- Joined Jan 2007 | Status: Senior Member | 6,517 Posts
{quote} Cigarguy, thanks for this review, of course it is very interesting for me! i also found the sonic scout trades much too risky, but a good classic setup is by far not so risky, when you take profit the same day. i like the TVT20, because for me it feels saver to stay in for 20 pips, than to make 5 pips four times a day. at the beginning i cannot trade with big lots, because my account is too small...
Keep It Simple
UJ M1 FIFO scalp +23 (+4.6 @ 5 lots) See charts...
I also tried UJ but before your entry and failed...
UJ SELL AVG. -4.4 PIPS
- A green candle tried to break 200 EMA but failed, followed by a purple candle.
- PA tried to break 200 EMA and failed again; came down and broke the dragon.
- I entered and got some unrealized pips, but PA started to go against the trade and hit the SL.
After a while, PA turned down rapidly...
I tried to find possible reason for the PA going up.
On the M5 chart, after the entry, PA broke 200 EMA downwards a little, and then reversed.
Maybe, but everything is possible in the market.
