PVSRA Scalping with Cigarguy | Page 506 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

PVSRA (Price, Volume, S&R Analysis) 8,487 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

  • #10,101
  • Edited 6:49am Jul 26, 2017 6:37am | Edited 6:49am
ToddyS2K,

What indicator are you using that displays your EMA's?

And would you mind sharing here as it does not clutter our charts and appears useful.....

And I stand corrected my mistake with my earlier posts, should have been 233 EMA NOT SMA........too much multi-taskng and not enough coffee.....

Cigarguy
Keep It Simple
  • #10,102
  • Jul 26, 2017 7:26am Jul 26, 2017 7:26am
EJ M1 FIFO Scalp +66 (+6.6 avg. @ 5 lots & 5 added with momentum) Nice momentum trade to start the day, approx. 2 minutes and hopefully many more....
Attached Image (click to enlarge)
Click to Enlarge Name: Snapshot2017-07-26_05-17-15_EURJPYi_M1_.png Size: 72 KB
Keep It Simple
  • #10,103
  • Jul 26, 2017 8:13am Jul 26, 2017 8:13am
EJ M1 Very FIFO Scalp +33 (+6.6 @ 5 lots too fast no time to add) Approx 2 minutes rocket momentum see chart....
Attached Image (click to enlarge)
Click to Enlarge Name: Snapshot2017-07-26_06-08-43_EURJPYi_M1_.png Size: 64 KB
Keep It Simple
  • #10,104
  • Edited 9:33am Jul 26, 2017 8:26am | Edited 9:33am
The market is offering up some nice HIGH MOMENTUM pre-news scalps this AM and hopefully some are catching a few.......keep in mind, when scalping volatility is our friend and will offer high momentum PVSRA entries.....

I continually use the words HIGH MOMENTUM as this is exactly what we want to identify as we stalk our chosen pairs. Momentum will quickly take you to your take profit with little market exposure and time for retraces....

ie., my last 2 above posted trades. These are my dream high momentum entries that I diligently and patiently stalk pairs to locate... ....

And yes there is luck involved to be observing the right pair at the right time....

Just having some emoji fun as a stress reliever this AM.

Cigarguy
Attached Image
Keep It Simple
  • #10,105
  • Jul 26, 2017 9:05am Jul 26, 2017 9:05am
UJ M1 +5 Explaination on chart

Attached Image (click to enlarge)
Click to Enlarge Name: UJ-M1-26-7-17.png Size: 74 KB
  • #10,106
  • Jul 26, 2017 9:30am Jul 26, 2017 9:30am
Quoting cigarguy
{quote} Roose, Nice scalp and use of higher t/f's and then dropping down for entry....Have not seen you for awhile!.... Timely post....lol...."GBPUSD -3.2 This is prime example of why to look at M5 when trading." CG
Thanks Cigarguy!! It's good to be back and 500 pages WOW!!
  • #10,107
  • Jul 26, 2017 9:39am Jul 26, 2017 9:39am
EUR USD +5 Explanations on chart
Attached Image (click to enlarge)
Click to Enlarge Name: Scalp 45.png Size: 85 KB
  • #10,108
  • Jul 26, 2017 9:39am Jul 26, 2017 9:39am
Quoting Roose
{quote} Thanks Cigarguy!! It's good to be back and 500 pages WOW!!
Roose,

Yes and many excellent posts for ALL to learn as I do daily.....
Keep It Simple
  • #10,109
  • Edited 11:01am Jul 26, 2017 9:44am | Edited 11:01am
Next Tuesday August 1st, I will finally have my right hip replacement surgery and might be away for a few days, so please save a few pips for my return...lol....

Regards,
Cigarguy
Keep It Simple
  • #10,110
  • Jul 26, 2017 11:21am Jul 26, 2017 11:21am
PVSRA Scalpers;

A quick observation depicted on this chart that some may watch and/or make comments as we are always looking for any possible edge....
Attached Image (click to enlarge)
Click to Enlarge Name: Snapshot2017-07-26_09-09-18_EURJPYi_M1_.png Size: 61 KB
Keep It Simple
  • #10,111
  • Jul 26, 2017 1:04pm Jul 26, 2017 1:04pm
USDJPY M1 +5PIPS SHORT

Very easy one. Reasons:

- A big red candle broke the 112.000 key level with notable volume
- I waited for a retrace back to this level and entered
- I got my target and exited

Following other members, I started to plot the 233EMA. It is the dotted white line on my chart, although I haven't had enough time to play with it.

I was lucky to exit just before an FOMC event!
Attached Image (click to enlarge)
Click to Enlarge Name: usdjpy-m1-ftt-sweden-ab.png Size: 79 KB
  • #10,112
  • Jul 26, 2017 8:52pm Jul 26, 2017 8:52pm
Quoting cigarguy
PVSRA Scalpers; A quick observation depicted on this chart that some may watch and/or make comments as we are always looking for any possible edge.... {image}
HERE IS ONE THAT LOOKS LIKE YOURS...200MA-233MA

Attached Image (click to enlarge)
Click to Enlarge Name: 233-200-MA-20-PIP.png Size: 28 KB


ASIAN SESSION 20 MINUTES AFTER THE AUD IMPORT PRICE RELEASE...
True Grit!
  • #10,113
  • Jul 26, 2017 9:13pm Jul 26, 2017 9:13pm
Quoting hards
{quote} HERE IS ONE THAT LOOKS LIKE YOURS...200MA-233MA {image} ASIAN SESSION 20 MINUTES AFTER THE AUD IMPORT PRICE RELEASE...
hards,

Yes....clean and simple...
Keep It Simple
  • #10,114
  • Jul 26, 2017 9:23pm Jul 26, 2017 9:23pm
Didn't see the trade until it had already happened.....but I think you are on to something in regard to the 233ma and the 200ma....as far as being a 'heads up" indicator of events that "may happen"...it is a "slow burn" heads up and has to be used only when all other rules about PVSRA are followed....maybe we should call it the "Squeze Play"??? HA!

Regards Cigarguy, your charts are priceless! Thank you!!!!!
True Grit!
  • #10,115
  • Jul 26, 2017 9:35pm Jul 26, 2017 9:35pm
Quoting hards
Didn't see the trade until it had already happened.....but I think you are on to something in regard to the 233ma and the 200ma....as far as being a 'heads up" indicator of events that "may happen"...it is a "slow burn" heads up and has to be used only when all other rules about PVSRA are followed....maybe we should call it the "Squeze Play"??? HA! Regards Cigarguy, your charts are priceless! Thank you!!!!!
hards,

Good to hear suggestions as we must always attempt to gain an edge and think "Out of The Box" as they say....
Keep It Simple
  • #10,116
  • Jul 26, 2017 10:26pm Jul 26, 2017 10:26pm
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot2.png Size: 49 KB


quick pip and dip +5 pips on 1.25 lots total, loving the system, cigarguy. Double red lines are an algorithm indicator for figuring where price may reverse or take off from.

Sold due to:
JPY strength, currency meters are severely underrated.
Price below 200 and 233 EMA
price crossing below dragon with notable volume
  • #10,117
  • Jul 26, 2017 10:31pm Jul 26, 2017 10:31pm
Quoting GJGangsta
{image} quick pip and dip, loving the system, cigarguy.
GJGangsta,

Nice scalp.... Good to hear our system is working for you. Your charts would even be more helpful if you would use our Trade Levels indicator so ALL could see your complete trade details.

Sold due to:
JPY strength, currency meters are severely underrated.
Price below 200 and 233 EMA
price crossing below dragon with notable volume


So far, it appears that observing the 233 ema in conjunction with our 200 ema might offer additional trend and entry opportunities. Just remember not to use the CSM for buy/sell signals but only for a heads up for pairs to stalk as often they are lagging.

Cigarguy
Keep It Simple
  • #10,118
  • Edited 10:57pm Jul 26, 2017 10:41pm | Edited 10:57pm
Is this more accurate? This is my current hail mary scalp trade that's turning more into an entry king / gravy train. It's gotten 10 pips up on me earlier but now I'm about 20 pips in profit and falling still. Let me know if I'm missing something, first week of the system for me!
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 79 KB
  • #10,119
  • Jul 26, 2017 10:44pm Jul 26, 2017 10:44pm
Quoting GJGangsta
Is this more accurate? This is my current hail mary scalp trade that's turning more into an entry king / gravy train. It's gotten 10 pips up on me earlier but now I'm about 20 pips in profit and falling still. Let me know if I'm missing something, first week of the system for me! {image}
A example highlighted in blue your trade should appear like this;
Attached Image (click to enlarge)
Click to Enlarge Name: Snapshot2017-07-26_06-08-43_EURJPYi_M1_.png Size: 65 KB
Keep It Simple
  • #10,120
  • Jul 26, 2017 10:46pm Jul 26, 2017 10:46pm
EURUSD M1 +5PIPS SHORT CT TRADE

Reasons
- CT trade on this pair following the PVSRA text book. It was a very easy trade.
- 3 consecutive huge green candles driving PA all the way 1.77500 key level
- the last green candle was huge with notable volume closing just a bit above the key level, which means that MMs were going to make a correction after that
- Note that when I entered the distance between PA and the Dragon was already really far, which means that we were going to expect a correction soon. This also served to me as a confirmation.
- So, I entered bearish right after that. Got my target and exited very easily!
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd-m1-ftt-sweden-ab-2.png Size: 62 KB
3 traders viewing now