PVSRA Scalping with Cigarguy | Page 531 | 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

  • #10,601
  • Edited 10:58am Aug 20, 2017 9:55am | Edited 10:58am
Quoting DrForexMD
{quote} My contribution(s) is but a grain of sand compared to your works here. Like many here, I will need the discipline and patience to remained focused to one successful trading system ! There are many other authors here on FF that I have followed over the years and learned from each. It is just about finding the right system that works best for me individually. Thus, learning your PVSRA-FIFO system with discipline, patience, courage and modeling myself after you to "Keep It Simple" despite an ever changing "sneaky" Forex Market Makers of Big...
DrForexMD,

Thanks again for your contribution with this nice video....

The main take away for me was a confirmation that WE HAVE THE EDGE as referred to in the video with our PVSRA methodology. WE MUST NOT anticipate where the random market controlled by the Institutions and Market Makers will go because we CANNOT KNOW.

Therefore, we must learn the ART ( I stress the word ART) of reading our PVSRA charts observing how the MM's are trading our Key S & R levels / ema's and stalk our chosen pairs and NOT OVERTHINK our trades and keep our charts clean and simple. Mostly new traders, lacking experience and confidence, will load their charts with many lagging indicators and robots (EAs) expecting Buy/Sell signals that will fail over time and never understanding HOW THE MARKET REALLY WORKS!

Several years ago when I started trading, I was one of those ( I had so many indicators on my charts you could hardly see PA ) that was due my lack of experience and confidence while I was hoping around the FF thread to thread and experiencing many losing trades coupled with stress and confusion.

I only begin to have profitable, consistant and successful trades when I dropped those indicators and decided to learn to trade with the BIG $$ and glean insight from the market movers and trade WITH THEM acquiring this insight from our PVSRA charts.....Grabbing their shirt tails and going along for the ride to our targets giving us the much needed edge.......

Wishing ALL many GREEN pips and remember to KEEP IT SIMPLE..

Cigarguy
Keep It Simple
  • #10,602
  • Edited 11:59am Aug 20, 2017 10:40am | Edited 11:59am
Quoting valerioforex
Hi guys, i am a new member, i can't open new thread so i post here my question: I found this sample EA, i need the code to add the parameter to change gap betwin order and price, that now are fixed at 10 pips (to much!) if someone can help me would be great! thank you!! valerio (italy) {file}
valerioforex,

We do not trade here using EA's, robots which all fail over time. We trade/scalp reading our PVSRA charts gleaning insight from the MM's and trade our key levels with the MM's and institutions.

If someone here wishes to help you with your EA, I must insist that it is done via PM's not to clutter our thread with coding discussions so we can remain focused on our PVSRA method.

You are most welcomed to join our PVSRA scalping team if you wish and learn how we scalp......DrForexMD posted a nice PDF at post #10,596 that offers a good place to start gaining insight into our scalping method.....

Regards,
Cigarguy
Keep It Simple
  • #10,603
  • Aug 20, 2017 12:35pm Aug 20, 2017 12:35pm
PVSRA Traders,

I have received PM's regarding trading our PVSRA method on higher time frames opposed to just M1. Of course each trader can trade whatever t/f they wish and PVSRA works well. At our old PVSRA thread, most traded M15 and dropped down to M1 for entries as the higher t/f will not show the tick volume as accurately as M1 therefore causing a delayed entry with lost pips.

I was coined the resident FIFO scalper by other traders and chose to scalp M1 in lieu of the higher t/f's because I personally don't like being tied to my screen for long periods and stressing through the DD's, retraces and world news events.

Scalping FIFO fit my style as allowing for quick 5 pip profit scalps with less stress and with larger lots and as few or many WASH, RINSE AND REPEAT trades as I wanted....

Stay GREEN My Friends no matter what time frame you trade,

Cigarguy
Keep It Simple
  • #10,604
  • Aug 20, 2017 1:01pm Aug 20, 2017 1:01pm
Hi friends looks like brokers are in love with scalpers in every 10 trades my broker reward me with certain nr of points (wich can be coverted in $)
  • #10,605
  • Edited 1:59pm Aug 20, 2017 1:37pm | Edited 1:59pm
Hello PVSRA FIFO traders,

Here is my second pdf summarizing posts here for March 2017 with 83 pages total. It took approximately 4 hours per a month's data today consistent with yesterday's pdf PVSRA-FIFO overview on Post #10,596 of 2 months (Jan to Feb 2017) in approx 7 hrs.

This second file really shows how the number of new student traders that are really able to mirror CG work and teaching.

Enjoy:

Attached File(s)
File Type: pdf PVSRA Scalping with Cigarguy et al - 2017-03-01 #7,746 to 2017-03-31 #8,440 - 83 Pages.pdf   3.1 MB | 559 downloads


Thanks CG and his mini-me Rob ! "Wow" for the others that are up-and-coming Stars here on "PVSRA Trading with Cigarguy" FF Thread !

It is like I am watching a talent TV show named "Scalpers have Talent !"

Very good ... keep it up - may we all Win Green Pips with all the talent here ! (LOL)

Sincerely yours,

DrForexMD
"What Goes Up, Must Come Down." - (c) Sir Isaac Newton - 1647
  • #10,606
  • Aug 20, 2017 2:59pm Aug 20, 2017 2:59pm
Quoting cigarguy
UJ M1 Very FIFO +277 (+4.3 avg. 5 lots and added with bullish momentum to 65 total) Only time for this one trade this AM.....See chart self explanatory as quickly hit my t/p........ {image} {image}
Hi CG:

Do you have your Multi Meter Candle Color Indicator set to 1,5,1,0 (default settings?)

Thanks
True Grit!
  • #10,607
  • Aug 20, 2017 3:23pm Aug 20, 2017 3:23pm
Quoting DrForexMD
Hello PVSRA FIFO traders, Here is my second pdf summarizing posts here for March 2017 with 83 pages total. It took approximately 4 hours per a month's data today consistent with yesterday's pdf PVSRA-FIFO overview on Post #10,596 of 2 months (Jan to Feb 2017) in approx 7 hrs. This second file really shows how the number of new student traders that are really able to mirror CG work and teaching. Enjoy: {image} Thanks CG and his mini-me Rob ! "Wow" for the others that are up-and-coming Stars here on "PVSRA Trading with Cigarguy" FF Thread ! It is...
DrForexMD,

My many thanks again for the time you allocated towards putting these posts altogether in 2 consolidated PDF's as you came to the rescue of many interested in our PVSRA scalping method but study and learning becoming an issue due to the increasing size of our thread........

Prospective PVSRA traders, thanks to you, can now study many of our posted charts with detailed explanations via these PDF's eliminating many hours of scanning through our 10,605 posts.

Our threads Original PVSRA Text Book concept has now been elevated to a Number 1 Best Seller (but free) status due to your contributions.....

Thanks and Stay GREEN My Friend,
Cigarguy
Keep It Simple
  • #10,608
  • Aug 20, 2017 3:28pm Aug 20, 2017 3:28pm
Quoting hards
{quote} Hi CG: Do you have your Multi Meter Candle Color Indicator set to 1,5,1,0 (default settings?) Thanks
hards,

Yes set to default...

CG
Keep It Simple
  • #10,609
  • Aug 20, 2017 4:15pm Aug 20, 2017 4:15pm
Quote
DrForexMD,

My many thanks again for the time you allocated towards putting these posts altogether in 2 consolidated PDF's as you came to the rescue of many interested in our PVSRA scalping method but study and learning becoming an issue due to the increasing size of our thread........

My pleasure CG and those that will benefit from my pdf's of your work. My life has been devoted to studying many disciplines and publishing reviews - as well as several experimental studies in Medicine.

Also, it is really easy to do this service as I just want to show my personal appreciation for your innovated work and taken PVSRA trading to a major level with your original contribution with FIFO trading - as well as the ever growing Team here !

Finally, I am blessed to have the free time right now to do this for this evolving PVSRA Textbook which I hope you will publish a small textbook to help reach out to others with minimal expense or no expense i.e. perhaps an e-book ! I would be happy to do this as I have always wanted to do this ultimate goal and legacy !

Well, here is April's pdf of 2017 showing some excellent contributions by some many of your new PVSRA-FIFO Scalpers who also are helping so many here. CG, many you have more time to rest as you convenience !

Enjoy fellow Scalpers - her we go:

Attached File(s)
File Type: pdf PVSRA Scalping with Cigarguy et al - 2017-04-04 # 8,485 to 2017-04-29 #8,831 - 57 Pages.pdf   2.2 MB | 470 downloads


Gratefully yours,

DrForexMD

PS: I read that you are very careful during Friday's NY Close as the MM-Bankers take their Pips off the table. What about Sundays? Do you trade with the TO, LO or wait fro wait for NYO ?

PSS: This pdf only took 2 or so hrs...I think I am getting better !
"What Goes Up, Must Come Down." - (c) Sir Isaac Newton - 1647
  • #10,610
  • Edited 4:52pm Aug 20, 2017 4:28pm | Edited 4:52pm
Quoting DrForexMD
{quote} My pleasure CG and those that will benefit from my pdf's of your work. My life has been devoted to studying many disciplines and publishing reviews - as well as several experimental studies in Medicine. Also, it is really easy to do this service as I just want to show my personal appreciation for your innovated work and taken PVSRA trading to a major level with your original contribution with FIFO trading - as well as the ever growing Team here ! Finally, I am blessed to have the free time right now to do this for this evolving PVSRA Textbook...
DrForexMD

PS: I read that you are very careful during Friday's NY Close as the MM-Bankers take their Pips off the table. What about Sundays? Do you trade with the TO, LO or wait fro wait for NYO ?

DrForexMD,

I sometimes will depending on our PVSRA scalping key elements that must be present;

Volume/Momentum that is necessary to quickly take us to our target which is normally absent on Sundays and sporadic mixed with retraces on Friday as many Banks and Market Movers close their books and trades prior to the week end.

If I do trade, it will normally be with reduced lots expecting the unexpected due to low momentum unable to facilitate a FIFO profitable scalp.

Just My style as some do well on Sundays......The key element that I always attempt to catch while stalking any pair is MOMENTUM, MOMENTUM & MOMENTUM (as seen below my dream entry and scalp) and a little luck never hurt to be stalking the right pair at the right time and then recognizing the momentum and adding as your position quickly runs to your target in seconds or minutes.........If it were only that easy for every trade then we would be the market movers....wishful thinking.....lol......
Attached Image

CG
Keep It Simple
  • #10,611
  • Aug 20, 2017 4:54pm Aug 20, 2017 4:54pm
Quote
The key element that I always attempt to catch while stalking any pair is MOMENTUM, MOMENTUM & MOMENTUM (as seen below my dream entry and scalp) and a little luck never hurt to be stalking the right pair at the right time and then recognizing the momentum and adding as your position quickly runs to your target in seconds or minutes.........If it was only that easy for every trade then we would be the market movers.....lol......

CG,

Yes, I did see last Friday's UJ momentum which you captured. One more related question: Do you close all your trades for the weekend to avoid and possible surprises on Sunday afternoon with the AO ?

- JG
"What Goes Up, Must Come Down." - (c) Sir Isaac Newton - 1647
  • #10,612
  • Edited 5:21pm Aug 20, 2017 5:03pm | Edited 5:21pm
Quoting DrForexMD
{quote} CG, Yes, I did see last Friday's UJ momentum which you captured. One more related question: Do you close all your trades for the weekend to avoid and possible surprises on Sunday afternoon with the AO ? - JG
DrForexMD,

I only FIFO scalp opening and closing within minutes and sometimes seconds......

Just my style fitting my personal PVSRA method based on my tick scalping experience but not necessary and recommended for everyone....

Each trader must find what fits their personality, time available to trade, account size and pain threshold......As I have said many times "Trading Forex is not a one size fits ALL business"..........

Edit: Just to be clear, our PVSRA method can be traded on any t/f offering the trained eye excellent high probability entries no matter if scalping or position trading. The PVSRA methodology is the same, the only variable is how each trader uses the information provided by our charts to their advantage as an edge.

CG
Keep It Simple
  • #10,613
  • Aug 20, 2017 5:59pm Aug 20, 2017 5:59pm
Dear CG et al,

Here is May 2017 pdf:

Attached File(s)
File Type: pdf PVSRA Scalping with Cigarguy et al - 2017-05-01 #8,834 - 2017-5-30 #92,211 - Pages 54.pdf   2.3 MB | 494 downloads


Cheers all !
"What Goes Up, Must Come Down." - (c) Sir Isaac Newton - 1647
  • #10,614
  • Aug 20, 2017 6:31pm Aug 20, 2017 6:31pm
Quoting DrForexMD
Dear CG et al, Here is May 2017 pdf: {image} Cheers all !
DrForexMD,

Again thanks much.......Awesome.....

CG
Keep It Simple
  • #10,615
  • Aug 20, 2017 7:34pm Aug 20, 2017 7:34pm
USDJPY +4.0 pips

Made a quick (non-FIFO) snipe for pips to the next round number as I entered just before consolidation.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 98 KB
  • #10,616
  • Aug 20, 2017 7:44pm Aug 20, 2017 7:44pm
My first FIFO GU during the TO, post moderate news, with some blue-green candles associated with some momentum on M15 and M5, with an entry on M1 above 200 EMA - all with major bullish trend overall :

Attached Image (click to enlarge)
Click to Enlarge Name: gbpusdi-m15-tw-corp.png Size: 76 KB


Attached Image (click to enlarge)
Click to Enlarge Name: gbpusdi-m5-tw-corp.png Size: 71 KB


Attached Image (click to enlarge)
Click to Enlarge Name: gbpusdi-m1-tw-corp.png Size: 59 KB


Unfortunately, this is really a ranging market on a Sunday ... but, took a chance all the same for a retrace to the major bullish trend during the TO.
"What Goes Up, Must Come Down." - (c) Sir Isaac Newton - 1647
  • #10,617
  • Aug 20, 2017 8:05pm Aug 20, 2017 8:05pm
Quoting DrForexMD
My first FIFO GU during the TO, post moderate news, with some blue-green candles associated with some momentum on M15 and M5, with an entry on M1 above 200 EMA - all with major bullish trend overall : {image} {image} {image} Unfortunately, this is really a ranging market on a Sunday ... but, took a chance all the same for a retrace to the major bullish trend during the TO.
DrForexMD,

Suggestion; If you use your Trade Level Indicator so your complete trade can be seen it is much easier to offer help comments and your HA candles appear too wide to comfortably read your chart. I have my HAs set to 1-1-2-2 with a chart scale of 2....

Sunday....Yes as I earlier commented mostly ranging with retraces.

CG
Keep It Simple
  • #10,618
  • Aug 20, 2017 8:18pm Aug 20, 2017 8:18pm
Quoting cigarguy
{quote} hards, Yes set to default... CG
Thank you.
True Grit!
  • #10,619
  • Aug 20, 2017 8:24pm Aug 20, 2017 8:24pm
Thank you about the HA....yes, a Sunday ranging market for GU and I suspect most of the others. I really wanted to get feedback on my new Chart set up with new brokerage ECN Demo. I did close out to wait for the NYO with the rest traders here:

Attached Image (click to enlarge)
Click to Enlarge Name: gbpusdi-m5-tw-corp-3.png Size: 65 KB


Well GN all...need to rest for tomorrow catching the wave(s) setups after a RT applying attempting to e rules here ! Not as easy as it looks with the experts here ! (LOL)
"What Goes Up, Must Come Down." - (c) Sir Isaac Newton - 1647
  • #10,620
  • Aug 20, 2017 8:30pm Aug 20, 2017 8:30pm
Quoting DrForexMD
Thank you about the HA....yes, a Sunday ranging market for GU and I suspect most of the others. I really wanted to get feedback on my new Chart set up with new brokerage ECN Demo. I did close out to wait for the NYO with the rest traders here: {image} Well GN all...need to rest for tomorrow catching the wave(s) setups after a RT applying the rules here !
Not just GU but Sunday....
Keep It Simple
4 traders viewing now