PVSRA Scalping with Cigarguy

Quoting PierRafa

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@Arturke Maybe there was a misunderstanding and I explained badly because of my bad English. I meant adding trades when you are in loss is very dangerous. Cigarguy adds position only when it's gaining. It is dangerous that beginner traders see skilled traders add 4 positions or more when they are in loss. They could do very badly. This is the rules of PVRSA method: 7. Add to trade only close to SL. More trades than not, you will suffer the MMs moving price against you after making entry. This is the result of a choppy market, the kind of market...

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Quoting MichaelSch

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{quote} Nice! What is the L7-Level?

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Quoting ToddyS2K

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Some times the levels of SMAs overlapping because the price level is the same (in low TF the 200/233 SMAs have only few pips of difference). When the SMAs prices from differents TF converge you have some dynamic S/R levels (good points to place TP or take some pips)

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Quoting PierRafa

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This is a good example how the MM works in choppy market {image}

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Quoting FishTrader

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Hi Quick question :Which brokers, would You guys, recommend for scalping? Thanks for this excellent thread!

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Quoting Vape

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EU M1 +5 Explaination on chart {image}

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