PVSRA Scalping with Cigarguy

Quoting robmagario

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USDJPY M1 -0.3PIPS LONG Reasons - After PA broke the previous high with a huge green candle, I waited for a retrace back to the 25wgt and entered - I entered too early - After the retrace was over, PA started to go up again, but the bullish move was not enough for me to get my target I closed the trade with 0.3pips of LOSS. {image}

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Quoting pvrsazyt

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Two trades G/U +2 Reason for entering : Price broke out of dragon after with series of red candles wait for retrace first entry : enter after price break dragon with notable vol second entry : enter after price fail to break dragon upwards Whenever i enter a trade, i tend to always close too soon as evident from the screenshot. i will need to have more confidence in my trades. Comments cigar guy and rob? are my entries correct? {image}

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Quoting robmagario

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USDJPY M1 +13.9PIPS LONG This was pure luck! I entered because I saw strong rejection from Dragon with a green candle and notable volume. But I forgot that red piece of news! (ISM Manufacturing PMI)! So, PA out of a sudden made a huge move upwards and I got 13.9 pips of profit. {image}

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Quoting cigarguy

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{quote} Did you check M5 for confirmation and then drop down to M1 for entry..

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Quoting pvrsazyt

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{quote} Yes sir My analysis : Shortly after NY open i noticed A green candle that failed to break quarter lvl Then i waited for price to break dragon waited for retrace. then entered as per 1 min analysis. Am i right? {image}

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Quoting pvrsazyt

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{quote} Yes sir My analysis : Shortly after NY open i noticed A green candle that failed to break quarter lvl Then i waited for price to break dragon waited for retrace. then entered as per 1 min analysis. Am i right? {image}

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Quoting robmagario

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{quote} The thinking is correct in my opinion. 1) PA had already broken the 1.29500 key level with a red candle and notable volume 2) PA made a retrace back up to the 1.29750 with a green candle but failed to break it 3) The time you entered was a good timing Rob

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Quoting cigarguy

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{quote} Agree on review of M5...

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Quoting pvrsazyt

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{quote} Thanks! But as I saw I think I was really to impatient. Maybe some advice on believing in our Pvrsa analysis Thanks rob and cigar!

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Quoting robmagario

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USDJPY M1 +5PIPS LONG Reasons - PA broke the 113.250 key level with a big green candle and notable volume - I waited for a retrace to the 25wgt and entered Got my target and exited. {image}

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Quoting jayden.yuchi

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UJ SELL +1.2 PIPS - On M5 chart, PA broke dragon & 200EMA downwards with notable volume and retraced back to dragon. - Switched to M1 and saw a red doji on 200EMA and then a huge red candle broke dragon & quarter level, so I entered without waiting for a retrace due to being near to the dragon. - Just after the entry, PA reversed with a huge green candle, but following move didn't break 200 EMA and within my SL, so I held it. - PA went down again but momentum was not that good, and I was fearing the previous long lower wicks on M5 chart, so I closed...

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