PVSRA Scalping with Cigarguy | Page 493 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

PVSRA (Price, Volume, S&R Analysis) 8,492 replies

PVSRA Scalping EA 1,290 replies

PVSRA Scalping 13 replies

Scalping M5 with PVSRA / 10pips Daily 64 replies

PVSRA Scalping 0 replies

Attachments: PVSRA Scalping with Cigarguy
Exit Attachments

PVSRA Scalping with Cigarguy

  • #9,841
  • Jul 10, 2017 9:18am Jul 10, 2017 9:18am
Quoting samskara
GBPUSD +2. Explanation on chart. {image}
samskara,

Very nice entry.... Good to see that you observed the New Hour candle and caught some nice momentum.

I have commented on that so much throughout our thread and I always observe the new hour candle looking for a momentum entry and nice to hear it is working for you....

CG
Keep It Simple
  • #9,842
  • Jul 10, 2017 9:43am Jul 10, 2017 9:43am
UJ Chart comments:

Insert shows more M1 stop hunting as institutions are having fun grabbing dumb money.....sneaky.....
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Snapshot2017-07-10_07-33-34_USDJPYi_M1_.png Size: 67 KB
Click to Enlarge Name: ScreenHunter_491 Jul. 10 07.42.jpg Size: 57 KB
Keep It Simple
  • #9,843
  • Edited 10:07am Jul 10, 2017 9:49am | Edited 10:07am
UJ depicts a picture that as they say, is worth a thousand words......MM's are saying "Come on retail traders, give me your money" and that is why most who do not understand how the market works and rely on black box systems, MA crosses and mostly worthless indicators, will soon be gone.........

We are fortunate that we have PVSRA to help us glean insight into the intentions of institutional traders and patiently stalk and wait for our high momentum PVSRA entry....

This PA has absolutely nothing to do with a Countries currencies, news or other political issues.....Only Big Money aka Institutions trading between themselves stealing money from retail traders. Why do most Brokers offer so many, so called perks like EA's and other indicator driven systems and free indicators? Because they care about the retail trader?

Absolutely not as they know they will eventually get their money and love to give away free BAIT......
Attached Image (click to enlarge)
Click to Enlarge Name: Snapshot2017-07-10_07-49-23_USDJPYi_M1_.png Size: 48 KB
Keep It Simple
  • #9,844
  • Jul 10, 2017 10:50am Jul 10, 2017 10:50am
Quoting cigarguy
UJ depicts a picture that as they say, is worth a thousand words......MM's are saying "Come on retail traders, give me your money" and that is why most who do not understand how the market works and rely on black box systems, MA crosses and mostly worthless indicators, will soon be gone......... We are fortunate that we have PVSRA to help us glean insight into the intentions of institutional traders and patiently stalk and wait for our high momentum PVSRA entry.... This PA has absolutely...
Am interested to see how you trade this UJ I am also watching it but unsure what is going to happen, almost looks to me that they stop hunted longs for a move upwards in the near future. We will see.

EG +15 Mainly just playing the support & Resistance game more info on chart.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 156 KB
  • #9,845
  • Edited 11:48am Jul 10, 2017 11:09am | Edited 11:48am
Quoting Ipodbob
{quote} Am interested to see how you trade this UJ I am also watching it but unsure what is going to happen, almost looks to me that they stop hunted longs for a move upwards in the near future. We will see. EG +15 Mainly just playing the support & Resistance game more info on chart. {image}
Ipodbob,

Nice scalp...

How am I going to trade UJ? That's easy....I'm not this session, lots of ranging this AM and now getting into retrace time post LC and then more of the same possible at AO.......I will take a look during AO and see if any pairs look interesting to stalk......

Time to sit by the lake, rest and enjoy a nice cigar with a few pips safely banked.....Not going to over trade and give back my +104....Been their and done that.....
Attached Image


Cigarguy
Keep It Simple
  • #9,846
  • Jul 10, 2017 1:38pm Jul 10, 2017 1:38pm
usd/jpy short +3.4 mm faking vol towards 114.25 at 114.10 saw gaining momentum back towards whole number
Attached Image (click to enlarge)
Click to Enlarge Name: USDJPYproM1+3.4 close on 2.png Size: 48 KB
  • #9,847
  • Edited 5:17pm Jul 10, 2017 2:40pm | Edited 5:17pm
Quoting gofishin
usd/jpy short +3.4 mm faking vol towards 114.25 at 114.10 saw gaining momentum back towards whole number {image}
Yes. They been playing sneaky games all morning going after unsuspecting retail traders.

Banks must be attempting to increase their balance sheets....
Keep It Simple
  • #9,848
  • Jul 10, 2017 7:18pm Jul 10, 2017 7:18pm
UJ M1 FIFO AO Scalp +5 Reduced lots for a quick AO scalp (don't trust the fast retraces) wanted the fast momentum then in/out.......
Attached Image (click to enlarge)
Click to Enlarge Name: Snapshot2017-07-10_17-16-21_USDJPYi_M1_.png Size: 47 KB
Keep It Simple
  • #9,849
  • Edited Jul 11, 2017 1:09am Jul 10, 2017 9:54pm | Edited Jul 11, 2017 1:09am
UJ M1 +108 FIFO Tick scalping Got some nice momentum so tested my old fast tick scalping skills.....getting slower with age but OK...lol.....not for the faint of heart.....
Attached Image (click to enlarge)
Click to Enlarge Name: USDJPYiM1.png Size: 96 KB
Keep It Simple
  • #9,850
  • Jul 11, 2017 2:34am Jul 11, 2017 2:34am
long time without posting here but seems everyone doing well , EJ m1 not a FiFO trade but ok +24
Attached Image (click to enlarge)
Click to Enlarge Name: EJ -.JPG Size: 242 KB
There is no way to happiness , happiness is the way.
  • #9,851
  • Jul 11, 2017 2:42am Jul 11, 2017 2:42am
UJ M1 -5 Explaination on chart

Attached Image (click to enlarge)
Click to Enlarge Name: UJ-M1-11-07-17.png Size: 61 KB
  • #9,852
  • Jul 11, 2017 3:33am Jul 11, 2017 3:33am
GBPUSD and USDJPY +6

Very strong pound after LO, t breaks .289 with big volume, aiming straight to the whole number. Was waiting for a retace, it didn't happen so I got in.

On the second trade, the price had broken that support and 200 EMA with a big red candle. Didn't take profit on the first spike cause it was very fast and I don't set a static TP; closed it to BE because of that big volume pinbar and bulish candle (and the overall trend is bullish). It would have gone lower to the pivot line, but I'm still OK with closing it.

Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd-m1-pepperstone-group-limited.png Size: 81 KB
Attached Image (click to enlarge)
Click to Enlarge Name: usdjpy-m1-pepperstone-group-limited.png Size: 78 KB
  • #9,853
  • Edited 11:55am Jul 11, 2017 3:49am | Edited 11:55am
Loaded up a trade on a small retrace, closed one as PA was going to push up again as it past the whole level loaded up 3 trades for a tidy morning profit. Although looking on the hourly I think this is a stop hunt to trick the DM into taking longs on a higher TF but we will see I am hoping for some retrace.

GBPUSD +12 over 5 trades
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 140 KB


Follow up from my earlier trade, a prime example of a pump and dump by the MM's filling their SM short orders by stopping out the DM longs
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot2.png Size: 126 KB
  • #9,854
  • Jul 11, 2017 4:53am Jul 11, 2017 4:53am
NZDUSD +6.0
reasons: broken rdl and key level 0.72250
Attached Image (click to enlarge)
Click to Enlarge Name: nzdusd-m1-admiral-markets.png Size: 43 KB
  • #9,855
  • Jul 11, 2017 6:43am Jul 11, 2017 6:43am
GBPUSD -4.2. Explanation on chart.

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_70.png Size: 79 KB
  • #9,856
  • Jul 11, 2017 7:14am Jul 11, 2017 7:14am
USDJPY +2. Explanation on chart.

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_71.png Size: 65 KB
  • #9,857
  • Jul 11, 2017 9:13am Jul 11, 2017 9:13am
GU M1 +5 Explaination on chart

Attached Image (click to enlarge)
Click to Enlarge Name: GU-M1-11-07-17.png Size: 47 KB
  • #9,858
  • Jul 11, 2017 9:15am Jul 11, 2017 9:15am
Quoting Vape
GU M1 +5 Explaination on chart {image}


GBPUSD +6.5. Explanation on chart.

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_72.png Size: 74 KB
  • #9,859
  • Edited 9:31am Jul 11, 2017 9:19am | Edited 9:31am
UJ M5 +117 (+3.9 avg. @ 30 lots added with the Bulls) See chart.....Risky discretionary trade with big DD's, but read MM's intentions as building longs and nice to be right this time.........

Please Note: Although we drop down to M1 for our PVSRA entry to get a better indication and confirmation of PA/volume we can obviously scalp any T/F . I think most of course know this but for those new scalpers who primarily see our M1 charts I just wanted this to be very clear......

I personally, continue to target +/- 5 pips but add lots with momentum as the trade runs to my TP target, usually a key level. Just my style each trader must find what works for them.
Attached Image (click to enlarge)
Click to Enlarge Name: Snapshot2017-07-11_07-10-38_USDJPYi_M5_.png Size: 63 KB
Keep It Simple
  • #9,860
  • Jul 11, 2017 9:20am Jul 11, 2017 9:20am
Quoting samskara
{quote} GBPUSD +6.5. Explanation on chart.
16 traders viewing now