USDJPY +10. Explanation on chart.
PVSRA Scalping with Cigarguy
- #12,622
- Edited 6:44pm Apr 2, 2018 5:54pm | Edited 6:44pm
- Joined Jun 2016 | Status: PA Pivot Swing Trader | 3,892 Posts
GU +203
I caught the GU just before and after the Red News with NYO - just another lucky day with this FIFO-ster, but I still have a negative DD, but will wait the PA to return tonight hopefully the GBP news at 4:30 am EST with a stronger USD like this morning. I hope to hit my TP to loosen up my money to trade better set-ups:
All the best !
-John
I caught the GU just before and after the Red News with NYO - just another lucky day with this FIFO-ster, but I still have a negative DD, but will wait the PA to return tonight hopefully the GBP news at 4:30 am EST with a stronger USD like this morning. I hope to hit my TP to loosen up my money to trade better set-ups:
All the best !
-John
"What Goes Up, Must Come Down." - (c) Sir Isaac Newton - 1647
- #12,625
- Edited 6:23am Apr 3, 2018 4:09am | Edited 6:23am
- Joined Jun 2016 | Status: PA Pivot Swing Trader | 3,892 Posts
Hi DrForexMD. So did you take these trades on the 15 min chart or on a lower time frame? Also, where most traders would make just one trade, you are making multiple trades in the same direction. I guess you have set rules for making these additional trades, so can you share this with us? Or do you have a program that automatically makes the additional trades for you? All the best. raaammy
I apologize for the confusion. I mainly trade PVSRA at M1 for 1 years way the genius of CG when he began on PVSRA-TAH at 15 min, and tuning to M5 and M1 on this newer FF Thread by him. But, I also look on the higher TFs using the genus of Davit also looking at overall location at higher TFs using theories on Pivot trading to get a position based on PA i.e.Fib-Pivot-TDI-ADR and PA reversal patterns with GC-FIFO-PVSRA.
I am a retired disabled physician with years of medical computer programming while recently learning the practice of Forex, especially a lot of practice on Demo and now Real account, Forex psychology, patience and courage to wait after your trade once you made your best setup or Leverage on one or two Pairs - and work it while you wait for the PA to come to me with an adequate account balance to take tiny trades with a soft SL. I am not taken out by the MMs and looking for the News and trade around swing reversal trades (RT and Pull-backs) at the extremes of Fib 100-60%) bounce off the Fib 50 % or 0% using the Davit-Pivot technique nd zooming down to the M1 - it is like a doctor doing a physical examination of the whole body of the patient (like higher TFS of D1-M15), then zoom down as pathologist using a microscope to look at disease cells and tissues to help make a diagnosis of the disease ( i.e MMs using the CG-FIFO-PVSRA) watching PA at the M1 very smal lots one at a time. Also, I try to keep my Margin% >= 200 % or Equity / Margin so not to be Called by my Broker.
I can not share Davit's indicators here unless given an OK by CG and Davit. Davit also uses Fundamentals as the that is his genius as his leverage for trading on M15 and M30 which I am too old to integrate Fundamentals but trade what I see on M1 by CG. But, like Davit, I set a total money I can lose to stay in the game 3-5%.
Fresh off my GU Chart this morning just after LO with gaining +300.2 Pips:
First, location of the whole global body by physical exam (i.e M15 to D1) and the the clinician sends a piece of the tumor to the Pathologist:
Then the Pathologist uses his microscope for entry of a diagnosis and trade what he sees (i.e. on M1):
I am now waiting for the GBP News in 2 hrs in 40 min. I may take a nap with setting an alarm to wake up again - God willing
Finally, I try to think how the MMs thinks on how to build liquidity by taking out tight SLs and using that money to trade against you - the retail trader ! So, may "the Force Be with You...by standing on the tailcoats of the MMs (TAH and CG). Also, look at the psychology of trading by the late Mark Douglas on youtube.com
I hope this helps you. All it is like integrative medicine, this is integrative Forex Trading from the most brilliant professional Forex traders CG and Davit on FF. Thany booth for your unselfish work to help your appreciative students !
Sincerely and all the best,
-John
"What Goes Up, Must Come Down." - (c) Sir Isaac Newton - 1647
- #12,627
- Apr 3, 2018 4:47am Apr 3, 2018 4:47am
I am proud to be a PVSRA Scalper. This statement is only for inspiration purpose. Lots of great trader and analyst here in Cigarguy's thread. I thank all of them for all job they done so far. Still i am learning ............. as it is the best part of forex trading. I think it.... Thanks Saiffx {image}
may I ask is it real or demo trading history?
- #12,629
- Apr 3, 2018 5:00am Apr 3, 2018 5:00am
{quote} Dear Arturke, My friend, I am the 2nd subscriber of this thread. Why i submit demo result for inspiration? It is one of my real account result. Today i grab 88 pips so far. This account from ICmarket.com Thanks. Saiffx
I'm trading with demo account, so for me seeing return back from real trading look great 
- #12,631
- Apr 3, 2018 6:40am Apr 3, 2018 6:40am
- Joined Jun 2016 | Status: PA Pivot Swing Trader | 3,892 Posts
Well, I am hoping that the USD News in 30 min. will be green to drop GU to hit my older missed TPs - we will see on CG-FIFO-PVSRA-M1:
Regards,
John
Regards,
John
"What Goes Up, Must Come Down." - (c) Sir Isaac Newton - 1647
- #12,632
- Apr 3, 2018 8:58am Apr 3, 2018 8:58am
- Joined Jan 2007 | Status: Senior Member | 6,517 Posts
{quote} GM (EST) Raaamy, I apologize for the confusion. I mainly trade PVSRA at M1 for 1 years way the genius of CG when he began on PVSRA-TAH at 15 min, and tuning to M5 and M1 on this newer FF Thread by him. But, I also look on the higher TFs using the genus of Davit also looking at overall location at higher TFs using theories on Pivot trading to get a position based on PA i.e.Fib-Pivot-TDI-ADR and PA reversal patterns with GC-FIFO-PVSRA. I am a retired disabled physician with years of medical computer programming while recently learning the...
Keep It Simple
- #12,633
- Apr 3, 2018 9:01am Apr 3, 2018 9:01am
- Joined Jan 2007 | Status: Senior Member | 6,517 Posts
I am proud to be a PVSRA Scalper. This statement is only for inspiration purpose. Lots of great trader and analyst here in Cigarguy's thread. I thank all of them for all job they done so far. Still i am learning ............. as it is the best part of forex trading. I think it.... Thanks Saiffx {image}
Keep It Simple
- #12,635
- Edited 10:25am Apr 3, 2018 10:10am | Edited 10:25am
- Joined Jun 2016 | Status: PA Pivot Swing Trader | 3,892 Posts
{quote} Good to have you back sharing your experience. .
I just left that out, the "scaling-in", small trades in, increasing lots according to volume and momentum (CG). Finally, I trade bearish as I agree that "What goes up (over-bought), (eventually) comes down (downtrend)" Isaac Newton in that I have noted that a downtrend trend-line is more dependable.
Sincerely Best wishes,
John
"What Goes Up, Must Come Down." - (c) Sir Isaac Newton - 1647
- #12,636
- Apr 3, 2018 10:19am Apr 3, 2018 10:19am
- Joined Jan 2007 | Status: Senior Member | 6,517 Posts
{quote} Thank you CG...this makes me so happy for some approval by someone of your stature in Forex Professional Trading. I hope one day to half as good as you. Forex is my life now keeping me very busy learning, practicing and patience but not to over-trading. my Margin % is still above 200%. What I need to do now is "scaling-in" as the I guess a "Scout" trading using the lowest lot size, so I will only loose smaller amounts money as Brokers only close that first trade put in. So. I scale-up from 0.3 lots, then 0.04 lots, 0.05 lots and 0.06 lots...
Keep It Simple
- #12,637
- Edited 4:36pm Apr 3, 2018 11:02am | Edited 4:36pm
- Joined Jun 2016 | Status: PA Pivot Swing Trader | 3,892 Posts
"What Goes Up, Must Come Down." - (c) Sir Isaac Newton - 1647
