UJ M1 FIFO Scalp +29 (+5.8 @ 5 lots) Little quick M1 CT retrace scalp from this nice bearish run down as the bears take some profits....
Keep It Simple
PVSRA Scalping with Cigarguy
- #10,141
- Jul 27, 2017 12:53pm Jul 27, 2017 12:53pm
- Joined Jan 2007 | Status: Senior Member | 6,517 Posts
- #10,142
- Edited 1:22pm Jul 27, 2017 1:03pm | Edited 1:22pm
{quote} I personally believe they instill bad habits due to often reckless trades absent real money at stake. IMO each trader should trade with real money no matter how small to feel the pressure....
UJ +10
EU +5 - This is my favourite PA trade as demonstrated by the Heiken Ashi formation
- #10,143
- Jul 27, 2017 1:09pm Jul 27, 2017 1:09pm
- Joined Jan 2007 | Status: Senior Member | 6,517 Posts
{quote} 100% Trading live changes the way you think that's for sure, but demo serves a good purpose or at least it did for me to learn some discipline and practice my way out of some of the bad habits haha, still a few money management bad habits but I am getting there! UJ +10 {image} EU +5 - This is my favourite PA trade as demonstrated by the Heiken Ashi formation {image}
Nice scalps
.......Whatever works for you...
As I have said many times....trading is not a one size fits all.
Stay GREEN My Friend,
CG
Keep It Simple
- #10,144
- Jul 27, 2017 1:12pm Jul 27, 2017 1:12pm
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.....Cigarguy
... you don't need more coffee 
we are talking of SMA.I made a "light" version of my indicator, just for PVSRA scalpers. The SMA 233 and of course 200 are the most powerful are the most powerful S/R where to play (observe a naked chart at various TF). Also, the SMA 21 at D1, W1, MN is used in the istitutionals analisys to determine the long term trend.
The indicator display in the low TF SMA 21, 200, 233; please add this SMA in your charts (21 only in D1, W1, NM). Use these levels at you advantage for quick scalps or to spot some levels of confluence.
ToddyS2K
Trade What's Happening... Not What You Think Is Gonna Happen
- #10,145
- Jul 27, 2017 1:19pm Jul 27, 2017 1:19pm
- Joined Jan 2007 | Status: Senior Member | 6,517 Posts
{quote} Sorry I made a mistake... I ever confused SMA with EMA
OK, now I am confused?
We use the 200 EMA as part of our PVSRA system as indicated on our chart templates and indicator package. So you changed from 200 EMA to 200 SMA and added 233 EMA or SMA when you coded this nice indicator?
Just want to be clear so we are on the same page....
CG
Keep It Simple
- #10,146
- Jul 27, 2017 1:27pm Jul 27, 2017 1:27pm
{quote} Ipodbob, Nice scalps
- #10,147
- Jul 27, 2017 1:34pm Jul 27, 2017 1:34pm
{quote} Sorry I made a mistake... I ever confused SMA with EMA
Looking forward to see how you use that indicator, Cigarguy.
True Grit!
- #10,148
- Jul 27, 2017 1:40pm Jul 27, 2017 1:40pm
- Joined Jan 2007 | Status: Senior Member | 6,517 Posts
{quote} Looking forward to see how you use that indicator, Cigarguy.
Me too....lol.....but need to get this EMA/SMA cleared up. Our PVSRA system used the 50 EMA as the dragon and 200 EMA for trend and S& R and I dropped the 233 EMA on my current charts.
Need to hear what ToddyS2K says regarding his indicator SMA vs EMA which is a bit smoother......I know either will be helpful but want ALL to be on the same page...
CG
Keep It Simple
- #10,149
- Jul 27, 2017 1:41pm Jul 27, 2017 1:41pm
{quote} ToddyS2k, OK, now I am confused? We use the 200 EMA as part of our PVSRA system as indicated on our chart templates and indicator package. So you changed from 200 EMA to 200 SMA and added 233 EMA or SMA when you coded this nice indicator? Just want to be clear so we are on the same page....
Trade What's Happening... Not What You Think Is Gonna Happen
- #10,150
- Edited 2:13pm Jul 27, 2017 1:45pm | Edited 2:13pm
- Joined Jan 2007 | Status: Senior Member | 6,517 Posts
{quote} The indicator only display horizontal lines at current level (price) of the corresponding SMA. In the template you have to manual add 200, 233 SMA (all TF) and 21 SMA (D1,W1,MN). I leave the "standard" PVSRA 200 EMA but I don't use it
OK, got it and thanks for the hard work appreciate your effort and team spirit....
Stay GREEN My Friend,
Cigarguy
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- #10,153
- Jul 27, 2017 3:53pm Jul 27, 2017 3:53pm
- Joined Jan 2007 | Status: Senior Member | 6,517 Posts
@cigarguy Can you upload your latest template as well as all the indicators? Thank you
Your PVSRA journey begins at post #1 as our thread is organized as a PVSRA TEXT BOOK for all to study and learn. We have hundreds of excellent posts and trading explanations throughout.
Our system is not an indicator based black box system and all who dedicate themselves and make the commitment learn "How The Market Works" and to trade with the institutional traders.
All indicators are in the above paper clip. If you decide to make the commitment and begin your journey, the best of luck and looking forward to your contributions....
Cigarguy
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{quote} Sorry I made a mistake... I ever confused SMA with EMA
- #10,156
- Jul 28, 2017 6:48am Jul 28, 2017 6:48am
- Joined Jan 2007 | Status: Senior Member | 6,517 Posts
Hope ALL have a profitable trading day and nice relaxing week end...
Keep It Simple
- #10,158
- Jul 28, 2017 7:05am Jul 28, 2017 7:05am
- Joined Jan 2007 | Status: Senior Member | 6,517 Posts
EU M1 +7.8 Explaination on chart {image}
Nice scalp....
So far I'm kinda licking the 233 EMA seems to play nicely with our 200 EMA as S & R for entries and exits...
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{quote} Vape, Nice scalp....
Also Toddy's indicator looks like it could be a good addition to help us with scalps.
- #10,160
- Jul 28, 2017 7:14am Jul 28, 2017 7:14am
- Joined Jan 2007 | Status: Senior Member | 6,517 Posts
{quote} Me too! But, are we using SMA or EMA? I changed to SMA this morning, I dont know if thats right? Also Toddy's indicator looks like it could be a good addition to help us with scalps.
Keep It Simple