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Attachments: PVSRA Scalping with Cigarguy
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PVSRA Scalping with Cigarguy

Quoting rihlian
Short USDJPY Short after PA broke RDL line. Hit my tp. Total trades for today, 5 trades = 4 wins + 1 BE This is not to show-off my result but to encourage those who still struggle to make consistent profit. {image} {image}
Yes good point....as ALL posted charts and explanations are to help and encourage other traders NOT for personal boosting..

I personally post my trade results, be they winners or loosers, to illustrate to new scalpers;

1..Possible pips that can be banked as profits by mastering PVSRA scalping as encouragement to learn our scalping method

2..That we all have and learn from our loosing trades actually more then winners

These points have been defined in post #1 in detail.

Stay GREEN My Friends....

CG
Keep It Simple
+2 usdcad LO resistance
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EU M1 +122 (avg +6.1 @ 20 lots) See chart

I often receive PM's asking how much money can be made scalping/trading and can trading Forex become a living;

I ALWAYS POST MY WINNERS AS WELL AS LOOSING TRADES as encouragement posted and outlined in the above post #11,981. I have been trading for approximately 38 years transitioning from stocks to currencies. It has taken much dedication and many hours of screen time to obtain some of the levels of successful profits that I currently enjoy.

Trading currencies is not easy and has been a bumpy road, but with dedication and perseverance, trading currencies can be very profitable if seeking to make trading a profession and a living or just hobby trading for some extra money.

The opportunities are there it is up to each trader to decide what their personal goals are and make a plan to obtain those goals. Trading is not a one size fits all business. Some catch on and learn quickly while others may struggle and move on.....

I post and encourage others to post all trades, either winners or losers to help illustrate, especially to new traders, the potential profitability that can be obtained by study, practice and dedication of many hours of screen time to scalping/trading the FOREX Market.

Just My 2 cents and answering PM's....

Regards and Stay GREEN My Friends,
Cigarguy
Attached Image (click to enlarge)
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Keep It Simple
Short EU +3.1
Enter after red candle, price below EMA 200, EMA 233, nice angle down dragon
Stayed long enough in the trade so decide to get out
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CT trade, long UC +2
Price bounce off a possible resistance with notable volume
In and out for 2 pips with less than a minute
PVSRA is beautiful!!!
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  • Post #11,986
  • Quote
  • Edited Jan 16, 2018 2:32am Jan 15, 2018 7:46pm | Edited Jan 16, 2018 2:32am
UJ M1 +19 with 5 lots....Entered long from 110.700 retrace with bullish notable volume...
.
M1 & M5 charts indicated retrace and entry .... stalked M5 and dropped down to M1 for PA & volume conformation and entry as PA broke last candle and as usual levels do provide good possible entry points.

Observe how PA responded with retrace from next level 110.800 .....Good example of our PVSRA level scalping for those new to our method....Yes the sneaky MM's do trade levels as S & R......

This is why we must know how the market works and understand the MM's and let them show the way as we grab their shirt tails and ride along to our targets.
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Keep It Simple
EUR/USD short +4.3 explanation on chart
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Short USDJPY

Stalking this pair since morning to break 110.70 and enter short. Hit my TP.
Patience and know your risk.
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EU short +2.7p
explanation on chart
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Eur/usd +6
eurusd +2.8
eurusd +3.4
gbpusd +3.1
Explanations on chart
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Short UJ +7 total
Classic PVSRA, price break down dragon with notable volume and good momentum
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Nice scalps Guys.....
Keep It Simple
UJ M1 +89 (avg. +4.4) this one was a bumpy ride. Entered on rejection of 110.700 key level then DD but short term support held so added to target...

Not a shinning scalp, for sure....
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Keep It Simple
After few days of chart observing with this system, my first day to trade, and my first post to this thread !

EJ +3.4pips in total. ( 10trades, +0.3pips in avg )
Explanations on chart.

+2.0
-5.5
+3.6
+3.2
-9.0
+5.4
+5.2
+1.4
-7.2
+4.3

My broker takes commission outside the spread, so I'm slightly RED in net.
I know my loose trades are too big.

Are there any good reasons my entry point #5 and #9 was not a good time to entry?
OR
Are there any good reasons I could have exited with less loss?

Any comments would be appreciated !
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UJ M1 +71 (avg +3.5 @ 20 lots) See chart....
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Keep It Simple
Quoting Reilluyankas
After few days of chart observing with this system, my first day to trade, and my first post to this thread ! EJ +3.4pips in total. ( 10trades, +0.3pips in avg ) Explanations on chart. +2.0 -5.5 +3.6 +3.2 -9.0 +5.4 +5.2 +1.4 -7.2 +4.3 My broker takes commission outside the spread, so I'm slightly RED in net. I know my loose trades are too big. Are there any good reasons my entry point #5 and #9 was not a good time to entry? OR Are there any good reasons I could have exited with less loss? Any comments would be appreciated ! {image}
post my chart again because tick volume was hidden by news
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Quoting Reilluyankas
After few days of chart observing with this system, my first day to trade, and my first post to this thread ! EJ +3.4pips in total. ( 10trades, +0.3pips in avg ) Explanations on chart. +2.0 -5.5 +3.6 +3.2 -9.0 +5.4 +5.2 +1.4 -7.2 +4.3 My broker takes commission outside the spread, so I'm slightly RED in net. I know my loose trades are too big. Are there any good reasons my entry point #5 and #9 was not a good time to entry? OR Are there any good reasons I could have exited with less loss? Any comments would be appreciated ! {image}
#5 you shorted at RDL on a long bullish wick right on the 135.100 key level ..... Maybe install our M Candle indicator will help

#9 dragon was headed up and 200 ema right below bullish

I don't have time to go into more details maybe some can as I am a better trader then teacher.....Looks to me like your doing pretty good just more practice and a little tweaking....
Keep It Simple
Quoting Reilluyankas
After few days of chart observing with this system, my first day to trade, and my first post to this thread ! EJ +3.4pips in total. ( 10trades, +0.3pips in avg ) Explanations on chart. +2.0 -5.5 +3.6 +3.2 -9.0 +5.4 +5.2 +1.4 -7.2 +4.3 My broker takes commission outside the spread, so I'm slightly RED in net. I know my loose trades are too big. Are there any good reasons my entry point #5 and #9 was not a good time to entry? OR Are there any good reasons I could have exited with less loss? Any comments would be appreciated ! {image}
First things i will give you: Do not hurry in action. Observe what is going on (i take m5 also in account) and select good places. Waiting is a key for this business.
If you have different TP and SL and a negative CRV, take in account that you must have more winners as loosers, if you trade the same risk. Be sure you build a plan and a money management to let you stay in this business. This is a personal thing.

It takes you massive under stress if you want to have a win rate above 70 - 80% all the time. I trade martingale, know what this means and build my plan to keep in business. This is for sure a thing that a newcomer does not take in account by his first steps. Again, make a plan and follow it. Without a clean picture you will not stay long. So, better turn off MT4 and building first the basics. Only a few personal hints.

Greets

Edit: Better trade levels not trendlines!

Michael
Market is more simple as you think.
Quoting MichaelSch
{quote} First things i will give you: Do not hurry in action. Observe what is going on (i take m5 also in account) and select good places. Waiting is a key for this business. If you have different TP and SL and a negative CRV, take in account that you must have more winners as loosers, if you trade the same risk. Be sure you build a plan and a money management to let you stay in this business. This is a personal thing. It takes you massive under stress if you want to have a win rate above 70 - 80% all the time. I trade martingale, know what this...
Reilluyankas,

Great... I thought maybe Michael would offer some good advice he is a good trader....
Keep It Simple
Quoting cigarguy
{quote} Great... I thought maybe Michael would offer some good advice he is a good trader....
Thanks, you much better, but i know to stay in game after some years now. I have make in the past many bad things and is good to share it with others and good if this is something for others.
Market is more simple as you think.
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