PVSRA Scalping with Cigarguy
{quote} Sir MichaelSch ..... i had a own scalping trading strategy..i failed on it many time.. i couldn't fix errors of this ..i lost more than 1000$... thts why i am looking for a new way.... please help me to make green pips.. thanks for your kind advises... {image}
{quote} Loose money is the cost you must take before get money out of the market. Nothing wrong about it. You pay for things you learn about trading. Demo trading is something you better stay away from and CG told you it. This is a mental thing. Only you can out of trouble here. This is here is only one part of the puzzle. Beside what you read here you better build a money management that is suitable for you and this method. You must build a plan, like thousand other business must do this work. It is no other way as hard work. I know many informations...
on PVRSA System... 
{quote} thank you MichaelSch... this is the cool tread i hv ever followed.. im continue readying thead and start trading... acctualy this is my 1st trading
{quote} Thank you so much Vape, for posting so many trades for us to learn. I have a question here in this chart. As I marked in the chart, just after the falling, a bullish candle with notable volume broke 50EMA upwards, but without follow-through and a small resistance formed under half level. After that a bearish candle with notable volume broke 50EMA downwards. It seemed that here was a good opportunity to enter short, but actually the price then went up again to be even higher than half level. If I took this opportunity, it would be a failure....
In all honesty, the trade I took wasn't actually that great. But, again something that Cigar guy mentions a lot in this thread is feel for the market. This you can't learn by reading or studying charts, but by activley watching how the charts move, because they'll do the same things over and over again. That trade I took had a lot of 'feel' behind it. I didnt just randomly sell because i thought price would go down, but by watching how price was moving prior, helped make the decision.
PVSRA is all about interpreting HTMRW and joining the MM's after they shown us what they're up to. MM's work for banks, hedge funds etc, so we'd expect them to be fairly smart people. But throughout the day, they constantly show us what they're doing and leave us clues, its our job to sit and wait for the most obvious clues and take a little bit of their money.
Heres the chart - Hope this helps & GL
{quote} Hi czg, Good spot and what you've said makes sense and could have been a good trade, but, if we check the M5 TF we'll see a difference picture. Where you've marked off the yellow area, price does indeed form a bullish candle breaking through the dragon with notable volume, followed by a period of consolidation and a bearish candle with notable volume. - Looks like a good short.... But if we check the dragon, we can see its flat and actually almost pointing up (above 3 o'clock). Ideally, we always want to be entering the market when the dragon...
{quote} thank you MichaelSch... this is the cool tread i hv ever followed.. im continue readying thead and start trading... acctualy this is my 1st trading
{quote} Loose money is the cost you must take before get money out of the market. Nothing wrong about it. You pay for things you learn about trading. Demo trading is something you better stay away from and CG told you it. This is a mental thing. Only you can out of trouble here. This is here is only one part of the puzzle. Beside what you read here you better build a money management that is suitable for you and this method. You must build a plan, like thousand other business must do this work. It is no other way as hard work. I know many informations also here on ff.com are so sweet, but will take you on a bad road. So, you are here and you have the best place to learn scalp the market. Nothing better you can find. Begin to study and it takes the time. Trade very smal with real money and see how you will get better after a period.
I would like to add: look at the greater picture... this can be done by zooming out on M1 and analyzing higher TF ... at one point a better understanding of HTMRW will evolve.{quote} Delete and re-install the 2 Emas and they will show up on top of the Dragon (50) ema. Good start..
{quote} Hi czg, Good spot and what you've said makes sense and could have been a good trade, but, if we check the M5 TF we'll see a difference picture. Where you've marked off the yellow area, price does indeed form a bullish candle breaking through the dragon with notable volume, followed by a period of consolidation and a bearish candle with notable volume. - Looks like a good short.... But if we check the dragon, we can see its flat and actually almost pointing up (above 3 o'clock). Ideally, we always want to be entering the market when the dragon...
{quote} Easy trade you have caught there and welcome to the masterclass surfing with the MM
{quote} h2y, You have come so far in such a short time as a PVSRA scalper and thread asset. Your willingness to help others is greatly appreciated as TRADERS HELPING TRADERS. Thank you for this helpful and insightful post...
learning and getting better at surfing with the MM every day EU north +4p {image}
{quote} Hi czg, Good spot and what you've said makes sense and could have been a good trade, but, if we check the M5 TF we'll see a difference picture. Where you've marked off the yellow area, price does indeed form a bullish candle breaking through the dragon with notable volume, followed by a period of consolidation and a bearish candle with notable volume. - Looks like a good short.... But if we check the dragon, we can see its flat and actually almost pointing up (above 3 o'clock). Ideally, we always want to be entering the market when the dragon...
{quote} Really great work and so helpful. A golden post in this thread.
