PVSRA Scalping with Cigarguy

Quoting jayden.yuchi

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{quote} Great, CG, you grabbed the MM's shirt tail. 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,...

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Quoting robmagario

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EURUSD M1 +5PIPS SHORT - Two consecutive red candles broke the 1.12000 key level with notable volume. Usually I would wait for a retrace but in this case I didn't because of the consecutive red candle and also because of the fact that the distance between PA and the Dragon was not that long - Got my target and exited. {image}

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Quoting cigarguy

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{quote} jayden.yuchi, I see you entered short as our 50 ema was headed up under the 200 ema on M1. You might have waited for a possible retrace from the 200 ema as short term resistance and notable bearish volume....Institutional traders do trade our levels and especially the 200 ema...... I think M5 sucked you into this trade. CG

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Quoting RisingSun

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NzdJpy, trend confirmed by ema's + currency strength. TP=by an EA set @5 pips. Simple classic trade. {image}

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Quoting Vape

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UJ M1 +5 Explaination on chart {image}

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Quoting mizi123

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My 10 clean pips right now in 2 trades i think i have done good job!? {image} {image}

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