PVSRA Scalping with Cigarguy

Thanks Cigarguy!!! I am happy to be able to come back here and I wish you all a lot of profitable pips.

Thanks MichaelSch for the very touching words.

UJ M5 +3.3 easy pips

Another quick scalp taken on M5!

EJ -1.6
GU +3.8p
explanations on chart

EURUSD M1 2 trades , total 6.6 PIPS

Reasons
- I saw that PA broke the 1.22000 key level with a red candle and notable volume. I also spotted that PA went down even further after that.
- So, I waited until a retrace back to the 25 wgt and entered. The reason I entered here was because I observed that PA was touching the 25 wgt before, so I
imagined it would retrace back to 25 wgt and go lower after that.
- I was wrong, so PA retraced back to the key level.
- I entered again. The reason I entered again is because I saw that green candle just closing on the key level, followed by a blue candle that was tiny, but was
formed just on the Dragon with very big volume. So, I imagined that this was the perfect timing to enter short again!
- This time I was correct, so I closed it the trade with 5.1 pips of profit.
- I waited a bit and closed the original trade with 1.5 pips of profit. I didn't want to stay longer because I was not sure what would happen next.

USDJPY M1 +5 pips SHORT CT trade

- There were big double green candles with huge volume that ended just above the 109.250 key level
- After that another red candle came along
- This gave me a clue that although the overall trend was bullish, we would experience a bearish retrace
- So, I imagined that this bearish retrace would give me at least 5 pips of profit
- I entered trade when PA got close to that key level
Got my target and exited.

GU M1 +5 Explanation on chart

EU M1 +5 Explanation on chart

Hi Dr.

Do you mind sharing that pair selection button indicator. Seems a good interface. Thanks

EURUSD 2 trades, total 0 pips

I entered after I saw that green big candle that broke what looked like an area of consolidation.
But PA went against me and I lost 5 pips.
I entered long again when the red candle with notable volume failed to break the 200EMA.
Got my 5 pips and broke even!

EURUSD M1 +5PIPS LONG

- PA broke what looked like a level of resistance at around 1.21800 with a green candle and notable volume
- I waited for a retrace back to 25 wgt and entered
- Got my target and exited

Here my friend is the Button Indicator:



Best of luck !

- John

EURJPY 2 trades -5.1 pips

This would have been the perfect trade if it was not because of a very silly mistake of mine. Actually two mistakes.
I was correct about the trend, but the first trade hit my SL. The second trade closed automatically because, after a while, I changed my SL to break even.
It is surprising that I still make this kind of mistake from time to time.

My Dear FIFO-PVSRA-CG Friends,

I have been asked to share my strategies which is a blend of CG and Davit here on FF. I am not really a teacher of Forex Trading, Also I am feeling better with my serious mood disorder. However, I will try my best with following, - again, a blend or integration of the wisdom of the above creative briliant Professional Forex Traders noted above:

1. I first look for the best PA setup using the extremes of Pivots (Key Levels of Davit) particular R61 to R100 Fib set up or more higher.
2. I am looking at only Overbought Pair Swing-Reversals in the Pairs using M15 TF and higher TFs up to H4 looking a Bearish PVT Swings from the higher TFs as noted above - as PVT location is everything - so, you do not get stuck with a large DD using up too much % margin.
3. Also make mini-trades of 2 TP x 0.3 to 7 lots with a soft or no SL to keep a safer (CG and Davit) by keeping my Margin % of 115 or better like 150-250%. If I do get a Margin Call with a dangerous low Margin%, than I Close a few trades to bring the Margin % up to 150-200% depending on my used up DD.
4. Next, I look at the TDI and Volumes going from M4, H1, M30, M15, M5 and finally M1 in the Bearish direction with Red Multi-Candles and ADR 80-120%, then using CG-FIFO-PVSRA-Davit-Pivot, being as close of Red Volumes (CG) and take one short trade a time with keeping only 1 to 4 Pairs (CG and Davits) so not to go beyond 5 to 10% of my Account Balance. My favorite Pairs are mostly based on Davit who has also been extremely successful and using Michael Douglas still trading market psychology and strategies. They basically overlap CG's favorite Pairs.
5. Then, I focus my Trading Style based on the 50 and 200 EMAs (CG) and 25 Weighted EM (Rob and others here) using TPL PVSRA Chart Indicators (Rob) in Black background.
6. Because I use a blended strategies, I have been criticized by members of David's group and here as well - even one individual going to the extreme of calling me a fraud despite my being always honest blending with Lawgirl21 Fib Indicator (recently), CG-FIFO-PVSRA and Davit's PVT techniques. So, to avoid causing any misgivings by any FF members on both trades styles, I mostly publish on my Charts on my FF Journal Thread based on my style to avoid any stress that would cause unnecessary stress on during my down days (moods). But, when I am stable or a little manic, I go to town, aggressively, trading using a safe style with my small live account.
7. I will show you folks examples of my trades this morning with the News or after News up to 12:00 pm ET on a Friday. Then, look for new short trades again with Pull Backs again or corrections if possible watching not to stay beyond R 100% Fib Key Levels with the likely exhaustion of the Bears and return of the Bulls playing the best probabilities and without fear when trades goes against me during the week (ETA).
8. Then, after 1 pm I will take few Short Trades with the Slow Corrections Southbound Trades again into the AO during the week - but again, being very careful of the wham action by MMs to close their books for the week on NY Close Friday (ETA).

As per CG, "Keep It Simple" and "Patience" as per Davit, as well as, trading only a few pairs, and not over-trading, while avoid major Red News of Geopolitics (Brexit) while awaiting Bearish Pullbacks recoveries if possible.

I do invite thoughts on the above as long as stays with Code of Conduct by FF with the respect we all deserve.

Again, I will follow below with my fresh short trades today (ET) using the above and taking trades with my strategies intuitive-art that comes only with experience with constant practice and use mistakes in a fearless positive attitude to improve future trades (Davit) !

All the best,
-John

PS: If OK'ed by CG, I will be happy to share my extra Indicators that I use to trade.

Large DD on AN with a trade going against last week

EG +14.0 - Not a good trade even I made as I took a long trade instead of sticking with Short Trades. It is best to stick with one personal strategy:

EN - Another bad trade ( but Short) taking up DD for now. However, I see that it is at the R100% Level, and likely to hit my TP in the coming weeks:

Because i can not PM you, i would write with you why is your trading this way without changing the good direction in this thread. Hope we can someday have a good conservation.

Greets

Michael

UC +88.9