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Attachments: PVSRA Scalping with Cigarguy
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PVSRA Scalping with Cigarguy

Quoting the3mp
GBPUSD +20 Two trades, the first one is identical to simjo's, the second one I got in after a retrace and a big green candle. Closed it when the price stalled. {image}
Hi the3mp

I made almost the same trade:
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Quoting robmagario
USDJPY M1 +5PIPS SHORT Yes, I could have made way more money but I ended up with 5pips of profit. That was a huge and beautiful bearish move! {image}
Do you always use a fixed SL / TP of 5 pips? Or just read the chart?
"Luck is when opportunity meets preparation"
UJ M1 FIFO scalp +29 (+5.9 avg. @ 5 lots) See chart...
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Keep It Simple
Hello fellow traders! ( + 15 pips )
Currently trading on the M5 TF.
Reason for entry
Price did made a NSH with a good volume green candle.
Then waited for a pullback to the red horizontal line, with PA and decent volume.. It was a entry for me
TP got hit less than 5 min after that, any feedback would be appreciated!
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"Luck is when opportunity meets preparation"
EURUSD ( +12 pips)

Reason for entry:
- Price did make a NSL on the M5, through the RWH line, with decent volume.
- Then I waited for the pulback + (in this case) got a shooting star + some kind of decent volume
Extra: 50% fib line and RWH line
S/L went 5/6 pips above entry
T/P 1 pip above 200 ema
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"Luck is when opportunity meets preparation"
Quoting Sheeep44
Hello fellow traders! Currently trading on the M5 TF. Reason for entry Price did made a NSH with a good volume green candle. Then waited for a pullback to the red horizontal line, with PA and decent volume.. It was a entry for me TP got hit less than 5 min after that, any feedback would be appreciated! {image}
Only suggestion is you might want to add the 200 & 233 ema's as seen on most of our PVSRA charts as S & R areas....

Trade with care on Fridays as Institutions and retail position traders closing position prior to the week end with many retraces possible....just a heads up..

CG
Keep It Simple
GBPUSD 5M

Currently short on this one.
Should of waited for the pullback? Something we need to test
SL above dragen as you can see
TP just above RDH
Price did cross a level that hasn't been crossed in a while with almost a colour volume candle..
Lets see how this one pans out..
Had some noobie losses today aswell, but hey that is all part of learning! learning new things every day hehe..
Many of you guys seem to be doing very fine, keep inspiring each other! And we might all be on the Maldives someday
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"Luck is when opportunity meets preparation"
Another one ( DJ Khaled voice )

EURUSD, same principal ( + 7 pips )
Shooting star, combined with fib.
Didn't expect a deep NSL because of the depth of the retracement and the not so deep NSL (previous one)
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"Luck is when opportunity meets preparation"
Quoting cigarguy
{quote} Only suggestion is you might want to add the 200 & 233 ema's as seen on most of our PVSRA charts as S & R areas.... Trade with care on Fridays as Institutions and retail position traders closing position prior to the week end with many retraces possible....just a heads up.. CG
The red line is my 200 ema.. Never heard of the 233 ema, thanks for the tip! yea going to call it a weekend soon hehe. How did your week go mate?
"Luck is when opportunity meets preparation"
Quoting Sheeep44
{quote} The red line is my 200 ema.. Never heard of the 233 ema, thanks for the tip! yea going to call it a weekend soon hehe. How did your week go mate?
Keep It Simple
Quoting Sheeep44
Another one ( DJ Khaled voice ) EURUSD, same principal ( + 7 pips ) Shooting star, combined with fib. Didn't expect a deep NSL because of the depth of the retracement and the not so deep NSL (previous one) {image}
Some hint. Do not mix to many things, this what i have learned from cigarguy and keep it simple. He is right at that point. A few posts he wrote to wait for the price is coming to our systems signals. At that point i must also better sitting on my hands sometimes. This is for sure the toughest piece. The other things al mechanical and over the day several times we cann do the same.
Market is more simple as you think.
Quoting MichaelSch
{quote} Some hint. Do not mix to many things, this what i have learned from cigarguy and keep it simple. He is right at that point. A few posts he wrote to wait for the price is coming to our systems signals. At that point i must also better sitting on my hands sometimes. This is for sure the toughest piece. The other things al mechanical and over the day several times we cann do the same.
Keep It Simple
Quoting Sheeep44
{quote} Do you always use a fixed SL / TP of 5 pips? Or just read the chart?
5pips or less. Not fixed. I keep R/R safe.
-5 pip lose trade. Can anyone give me the comment for reason?

I see PA goes down, dragon downward, consecutive notable volume red candles break the quater lever and make new low.
I wait a little retrace to dragon and enter short as Rob styte, then PA runs reversely. I face this many times.
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Quoting bkproteus
-5 pip lose trade. Can anyone give me the comment for reason? I see PA goes down, dragon downward, consecutive notable volume red candles break the quater lever and make new low. I wait a little retrace to dragon and enter short as Rob styte, then PA runs reversely. I face this many times. {image}
bkproteus,

Study this chart and you will see why........and you cannot continue to make the same mistake many times and expect different results....

You cannot only go by the color of the candles/volume as explained in our original PVSRA PDF, you must have volume and momentum. I suggest that you re-visit post #1 and read the PDF's provided for study purposes.

CG
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Keep It Simple
Quoting cigarguy
{quote} bkproteus, Study this chart and you will see why........and you cannot continue to make the same mistake many times and expect different results.... You cannot only go by the color of the candles/volume as explained in our original PVSRA PDF, you must have volume and momentum. I suggest that you re-visit post #1 and read the PDF's provided for study purposes. CG {image}
Thank you boss! Maybe problem is sometimes I lose my patience waiting for momentum
Quoting bkproteus
-5 pip lose trade. Can anyone give me the comment for reason? I see PA goes down, dragon downward, consecutive notable volume red candles break the quater lever and make new low. I wait a little retrace to dragon and enter short as Rob styte, then PA runs reversely. I face this many times. {image}

Hi Bkproteus,

As you can see in many of my past posts, I always look left and I tried to spot a strong area of S/R that has happened repeatedly in the past and then I look for a break of that S/R area.

I have drawn in pink what I would consider as an area of S/R in this chart. So basically, I would wait until PA broke that pink line with a big red candle and notable volume, and then I would have entered after a retrace. But since it never happened, I wouldn't have entered this trade to begin with.

Hope this helps!
Rob
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If you dont take a trade randomly, you can noticed many obstacles on the scalping arena. And, if you want to success, u should solving those.
This is what I like this topic with price action.
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A picture is worth a thousand words,
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http://traders.com/Documentation/FEE...1/Sabodin.html

Quoting bkproteus
-5 pip lose trade. Can anyone give me the comment for reason? I see PA goes down, dragon downward, consecutive notable volume red candles break the quater lever and make new low. I wait a little retrace to dragon and enter short as Rob styte, then PA runs reversely. I face this many times. {image}
Working,to be the best !
Quoting Saygin-TR
If you dont take a trade randomly, you can noticed many obstacles on the scalping arena. And, if you want to success, u should solving those. This is what I like this topic with price action. -------------------------------------------------- {image} A picture is worth a thousand words, {image} http://traders.com/Documentation/FEE...1/Sabodin.html {quote}

Saygin,

I wouldn't draw the triangle that way (as I don't see it that way), but since you drew it,
don't you think that the part that happens just before his entry already invalidated the triangle?
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I think, and cigarguy told this many times before, we better stay away to overcomplex this method. Follow simple the rules are given and you end the day with profit.
The most of the time we are better inactive and wait for price is coming to our conditions and not hunting semi-comfortable setups, only becuase we can rush in action.
For me it is also a hard task, because from my nature i will make things happen and waiting is not what i have much pracice. So trading help me here.

The only thing i have changed from the setup is that i use a tool to measure how strong the curves are, only because i want it more clear and repeatable.

Following this method or another, is only one part. Be sure the money management is in tune with the method you use. This part is the more difficult piece of the puzzle.
Market is more simple as you think.
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