PVSRA Scalping with Cigarguy | Page 509 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

PVSRA (Price, Volume, S&R Analysis) 8,488 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

  • #10,161
  • Jul 28, 2017 7:34am Jul 28, 2017 7:34am
Hi all,

First time posting here, been following this for a few weeks but don't really get much time due to work commitments.

Probably got lucky here but logic was solid i feel.

UJ +10 FIFO

PA bouncing off dragon on both M1 and M5, got out a bit early but didn;t want to risk it.

Interested in any criticism!

Thanks in advance
Attached Image (click to enlarge)
Click to Enlarge Name: UJ short.PNG Size: 49 KB
  • #10,162
  • Jul 28, 2017 7:41am Jul 28, 2017 7:41am
UJ long -3.7

- Trend was bullish and PA retraced to dragon area but didn't break 200 lvl with notable volume.
- Two consecutive blue candles broke dragon & DO upwards and broke 250 lvl a bit, so I entered long.
- PA didn't go anywhere for a while. A green candle broke dragon and DO again upwards, followed by a red canle broke them downwards, so I closed the the trade manually feeling PA would go down further.
Attached Image (click to enlarge)
Click to Enlarge Name: 2017-07-28_19-11-16_USDJPY_M1_.png Size: 79 KB
  • #10,163
  • Jul 28, 2017 7:43am Jul 28, 2017 7:43am
Quoting Seshwaan
Hi all, First time posting here, been following this for a few weeks but don't really get much time due to work commitments. Probably got lucky here but logic was solid i feel. UJ +10 FIFO PA bouncing off dragon on both M1 and M5, got out a bit early but didn;t want to risk it. Interested in any criticism! Thanks in advance {image}
Seshwaan,

Welcome....

Risky entry and you got lucky as I did with the news candle......It's much safer to wait until PA settles after the news....
Keep It Simple
  • #10,164
  • Jul 28, 2017 7:46am Jul 28, 2017 7:46am
EU M1 +30 RISKY MY MISTAKE (+6.1 avg @ 5 lots) See chart.....On my phone and not paying attention...My BAD but luck prevailed not talent......
Attached Image (click to enlarge)
Click to Enlarge Name: Snapshot2017-07-28_05-33-13_EURUSDi_M1_.png Size: 57 KB
Keep It Simple
  • #10,165
  • Jul 28, 2017 7:51am Jul 28, 2017 7:51am
Quoting cigarguy
{quote} Seshwaan, Welcome.... Risky entry and you got lucky as I did with the news candle......It's much safer to wait until PA settles after the news....

Literally opened charts 30 seconds before that so didn't even check anything else which is my mistake! I got lucky but kind of wish I didn't to make it an easier lesson to learn!

Thanks
  • #10,166
  • Jul 28, 2017 7:56am Jul 28, 2017 7:56am
Quoting Seshwaan
{quote} Literally opened charts 30 seconds before that so didn't even check anything else which is my mistake! I got lucky but kind of wish I didn't to make it an easier lesson to learn! Thanks
Seshwaan,

Trading/Scalping is a process and takes time. I've been trading for many years and make mistakes and learn something new every day (ie, last posted trade)

A old platitude; "It's not how we fall but how we get up".....

CG
Keep It Simple
  • #10,167
  • Jul 28, 2017 8:26am Jul 28, 2017 8:26am
EU M5 +29 (+5.7 avg. @ 5 lots) See chart.
Attached Image (click to enlarge)
Click to Enlarge Name: Snapshot2017-07-28_06-23-25_EURUSDi_M5_.png Size: 58 KB
Keep It Simple
  • #10,168
  • Jul 28, 2017 8:48am Jul 28, 2017 8:48am
EU -4.8 Got stopped out just before it started to move up
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 97 KB


UJ +4.9
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot2.png Size: 96 KB


CADCHF +8
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot3.png Size: 106 KB
  • #10,169
  • Jul 28, 2017 9:15am Jul 28, 2017 9:15am
A heads up FYI for our new PVSRA scalpers;

Institutions as well as retail traders will close positions on Friday prior to the week end, so use care as there can be many retraces....

CG
Keep It Simple
  • #10,170
  • Jul 28, 2017 9:29am Jul 28, 2017 9:29am
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 70 KB


+10 PIPS GJ. Trying not to kick the gift horse in the mouth, noticed there was a solid support that held at 145.250 and hopped on for the ride. Ashi candles were a big help noticing it. I got what I wanted and refused to "kick the gift horse" although it went much higher. How does one let go of "oh man I should of held it longer!" - even when scalping?
  • #10,171
  • Jul 28, 2017 9:31am Jul 28, 2017 9:31am
Quoting GJGangsta
{image} +10 PIPS GJ. Trying not to kick the gift horse in the mouth, noticed there was a solid support that held at 145.250 and hopped on for the ride. Ashi candles were a big help noticing it. I got what I wanted and refused to "kick the gift horse" although it went much higher. How does one let go of "oh man I should of held it longer!" - even when scalping?
Smart....
Keep It Simple
  • #10,172
  • Jul 28, 2017 9:42am Jul 28, 2017 9:42am
EU M1 FIFO scalp +12( +2 avg. opened with 1 lot testing momentum and added 5 with momentum for a quick scalp) See chart and using caution on this Friday...

Surprise, Surprise......Yea right....
Attached Image
Attached Image (click to enlarge)
Click to Enlarge Name: Snapshot2017-07-28_07-38-27_EURUSDi_M1_.png Size: 58 KB
Keep It Simple
  • #10,173
  • Edited 1:01pm Jul 28, 2017 10:04am | Edited 1:01pm
Currency pairs to stalk for entries;

I have received PM's from new traders asking for suggestions of what pairs to trade. Each trader must decide for themselves based on their trading time zone and desired sessions to trade.

I will only offer this;

You might try watching the triad......EUR/USD, EURJPY and USDJPY and watch and get a feel for how these 3 pairs correlate to each other either positive correlation or negative. Some clues will be evident offering high probability trades.......

I personally have each pair opened on a separate monitor for ease of viewing and FIFO entries/exits with no time wasted opening and closing charts.

Regards,
Cigarguy
Keep It Simple
  • #10,174
  • Jul 28, 2017 10:32am Jul 28, 2017 10:32am
EJ is a wild Friday ride today as Institutions close positions, grab stops and catch wrong way traders prior to the week end....Sneaky....
Attached Image (click to enlarge)
Click to Enlarge Name: Snapshot2017-07-28_08-32-33_EURJPYi_M1_.png Size: 60 KB
Keep It Simple
  • #10,175
  • Edited 11:28am Jul 28, 2017 11:14am | Edited 11:28am
Quoting hards
{quote} {image}
hards,

Maybe this one....shows on top of our PVSRA levels, the Big Round Numbers.....the line and text colors can be changed as you like.....

I have these on every chart easy to see the key levels for S & R entries and exits.

Your posted chart is too dark for me to see.
Attached File(s)
File Type: ex4 BN Levels v1.02 (1).ex4   15 KB | 652 downloads
Keep It Simple
  • #10,176
  • Jul 28, 2017 11:43am Jul 28, 2017 11:43am
A little chart tip that most will know and some may not;

Once you set up your PVSRA charts, for ease of opening to observe different pairs just save your template as a Default template and then every pair will open with your PVSRA saved chart....very simple but I have been asked this via PM's by new traders and some new to MT4.........so I consider question answered..

Regards,
Cigarguy
Keep It Simple
  • #10,177
  • Jul 28, 2017 8:24pm Jul 28, 2017 8:24pm
H everyone

I would like to thank Ciguarguy for the strategy and all other members who share their trades . I started reading this thread today and find it ineteresting and i have lot to learn. I was an intraday and swing trader ut not much success losing or break even
I was trend trader. Breakout. Hedging calculing equilibrum price and synthetic price to find gap and all that stuffs .
Im looking forward to learn scalping and become profitable
  • #10,178
  • Jul 28, 2017 10:29pm Jul 28, 2017 10:29pm
For anyone interested in Heiken-Ashi Candles here is the Indicator. I found it in an IpodBob post. Thank you Ipodbob.

I been all day looking and every Heiken_ashi indicator I found would not allow me to zoom in or out. Very frustrating!

This one is great!

Attached File(s)
File Type: mq4 Heiken_Ashi_AutoWidth.mq4   4 KB | 488 downloads
True Grit!
  • #10,179
  • Edited 9:59am Jul 29, 2017 8:42am | Edited 9:59am
Just a reminder Guys;

ALL posted charts must be our PVSRA charts. We added the 233 ema only because it works well with our current 200 ema as S & R and appears helpful to all subscribers.

We will remain consistent with our posted PVSRA charts so we are all observing and commenting on the same charts using the same indicators.

Most threads die due to lack of thread management as traders post non thread related charts and discussions become non helpful and confusing. I will not let that happen here.

I appreciate ALL traders continuing to remain consistent to our PVSRA content. Each trader can, of course trade whatever chart and system they choose, but only our charts are acceptable for posting.

Some trolls have dropped by in the past posting charts containing a multitude of crazy indicators non PVSRA related and I deleted those charts and sadly after a warning with non compliance, had to block them from further posting. This is a action that I do not like to take but did and will to preserve the integrity of OUR THREAD.

If a trader has an idea or indicator they think would be helpful to all, i would appreciate a PM for discussion prior to posting. I try to answer PM s as soon as possible.

I have never wanted a quantity of scalpers and members but only quality contributors as traders helping traders.

Thanks for your help in keeping OUR THREAD alive and growing....

Regards,
Cigarguy
Keep It Simple
  • #10,180
  • Jul 29, 2017 9:48am Jul 29, 2017 9:48am
Tuesday I will have my right hip replacement and may be away for a few days and would appreciate you Guys/Gals saving some pips for me to scalp on my return....lol......

I hope to return to observe many +pips being made and safely banked by ALL....

Regards,
Cigarguy
Keep It Simple
4 traders viewing now