{quote} With that being said; We are lucky to have Vape and MichaelSch here to offer their great technical insights....
Stay green
PVSRA Scalping with Cigarguy
Stay green
Long EU +2.6 This one was a little risky, low volume activity Enter when price found its support at key level {image}
3 minute after previous trade, PA break support with notable volume, add more lots, quick pips banked
- #12,064
- Jan 18, 2018 9:43am Jan 18, 2018 9:43am
- Joined Jun 2016 | Status: PA Pivot Swing Trader | 3,892 Posts
Also, a lot of Pips on Bearish GU with News-driven PVSRA-FIFO setup:
Cheers all !
-JG
Cheers all !
-JG
"What Goes Up, Must Come Down." - (c) Sir Isaac Newton - 1647
- #12,066
- Edited 10:18am Jan 18, 2018 9:51am | Edited 10:18am
- Joined Jan 2007 | Status: Senior Member | 6,517 Posts
Just for fun, this is a chart that I tested back in the beginning of this thread but thought might be interesting to give it a try again to mix things up a little. Still PVSRA but replaced the Dragon with the GMA's (long & short) just a different view.
As the GMA's contract and become tight a move is to be expected and as the GMA's expand the current move becomes stronger. I also added a Fibo as I often observe for retraces and areas of S & R.
Trading GMA's is nothing new it was founded by Daryl Guppy and has been traded successfully for many years....
BTW, the wide Yellow line inside of the guppy is the 50 ema I just highlighted as used in our dragon and colors can be changed to suit each trader.
Something to test and any comments or insights welcomed, but please keep in mind we are still scalping our PVSRA RULES.....
Any trader wishing to use and post this chart is OK as long as we stay true to our PVSRA trades and posts....
As the GMA's contract and become tight a move is to be expected and as the GMA's expand the current move becomes stronger. I also added a Fibo as I often observe for retraces and areas of S & R.
Trading GMA's is nothing new it was founded by Daryl Guppy and has been traded successfully for many years....
BTW, the wide Yellow line inside of the guppy is the 50 ema I just highlighted as used in our dragon and colors can be changed to suit each trader.
Something to test and any comments or insights welcomed, but please keep in mind we are still scalping our PVSRA RULES.....
Any trader wishing to use and post this chart is OK as long as we stay true to our PVSRA trades and posts....
Keep It Simple
- #12,067
- Jan 18, 2018 9:55am Jan 18, 2018 9:55am
- Joined Jun 2016 | Status: PA Pivot Swing Trader | 3,892 Posts
"What Goes Up, Must Come Down." - (c) Sir Isaac Newton - 1647
- #12,069
- Jan 18, 2018 10:34am Jan 18, 2018 10:34am
- Joined Jan 2007 | Status: Senior Member | 6,517 Posts
EU M1 +6 Explanation on chart {image}
Keep It Simple
- #12,070
- Edited 11:08am Jan 18, 2018 10:42am | Edited 11:08am
- Joined Dec 2015 | Status: Trader | 2,586 Posts
Perfection is the enemy of good enough!
Long UJ +3.6
PA found support at key level and dragon. PA couldn't break it with high volume
Short NU +2.4
Not an ideal trade when there wasn't much activity. Possible resistance at key level
Manage to get out with few pips
PA found support at key level and dragon. PA couldn't break it with high volume
Short NU +2.4
Not an ideal trade when there wasn't much activity. Possible resistance at key level
Manage to get out with few pips
- #12,072
- Jan 18, 2018 12:25pm Jan 18, 2018 12:25pm
- Joined Dec 2015 | Status: Trader | 2,586 Posts
A few pips banked after formation is in m5 building (shoulder head shoulder).
- Price not manage to go far above 500
- Level at entry looks holding 300, but goes a little up
- Exit after massive red candle
- Price not manage to go far above 500
- Level at entry looks holding 300, but goes a little up
- Exit after massive red candle
Perfection is the enemy of good enough!
- #12,075
- Jan 18, 2018 1:28pm Jan 18, 2018 1:28pm
- Joined Jan 2007 | Status: Senior Member | 6,517 Posts
Some tips for scalpers......... I trade only one 1 currency when i am in trading and see tf M1 to D1. I don't see another currency at that time. In my monitor i organize 3 chart of different time frame. i.e. M1, M5, and M15. I think H4 trend began its run from M15 tf. In combination of these three chart i try to read price, SR, Pattern and volume. then i take entry. When all rules of pvsra is filled i take entry otherwise i sit on side bench. PDF is the key element of success in forex. Thanks Saiffx
CG
Keep It Simple
{quote} Good to see you back here....
I am always in trading but not present here. Moreover i have learn one of the greatest skill about successful trading by this time. With the combination of it with PVSRA result is amazing.
I unfold it here time to time.
Hope it will be nice.
Thanks
Saiffx.
- #12,077
- Jan 18, 2018 2:08pm Jan 18, 2018 2:08pm
- Joined Jan 2007 | Status: Senior Member | 6,517 Posts
{quote} Thank you my dear Sir, I am always in trading but not present here. Moreover i have learn one of the greatest skill about successful trading by this time. With the combination of it with PVSRA result is amazing. I unfold it here time to time. Hope it will be nice. Thanks Saiffx.
CG
Keep It Simple
