My Price Action with FIFO, PVSRA, TDI, Fib and EMA Indicators!

NU +19.6

UC +56.7

Thu 4-26-2018 17:42 ET

Good afternoon my Friends,

My outcomes today so far:

AJ -44.1 - I lost 44.1 Pips as I shorted where I was in the Buyers area. I normally sell or short in the Reversal areas to avoid large DDs and low Margin% < 113% to avoid any Margin Calls and much larger losses. Even though it came down again southward, I did not want to be selling in this Oversold Zone.



Regards,

John

AN -21.0

Just as the AJ above, I was not careful of a poor setup so manually got out t avoid a large DD, wasting my ability to make better short trades in the Sellers Area Zone:

EU +67.8

EG +20.4

Finally, I cashed in with this old Short that went against me. Here is where patience helped out and waiting for PA to come to me:

EJ -41.4

Again, as above I close manually to save my equity due poor a poor short trade.a learning experience:

EN +28.0

Lucky cash in despite a non-confluence with two Pivot-Fib indicators- I took a chance based on intuition with experience and was lucky only:

NC:

Not the best trade - here is where greed and over-trading is an issue I must watch - I was relying on a Fib 50 or 0 % pullback :

UC +14.0

UJ

I am waiting for selling an overbought pair to cash-in - however I am always careful with UJ as it has big volatility that many times against news :

Fri April 27, 2018 10:08 ET

UJ +70.7

UC +43.4

EG +14.0

So far this morning 10:29 ET +$ 11.80:

Final results today +$17.91:

Hello,

first this is a good result. I have no clue how your trading work and you have many action on your chart, for my taste to much, but if this work for you, it must be good.
BUT ... why this confirmation hunt and as we see in your result picture you not have a loss trade? You operate with huge SL?
I will not take this here to another direction. I post here only because i can not PM you and something in me will help you. I know from myself i will check things over and over again and have had a hard way to drop this, because for my understanding we do not need this to trade effective and my result are better as with a full chart. Hope you message me private for a way to make a conservation if you have interest.

Greets Michael

Sat 4/28/2018 0654

GM and Welcome Michael,

You had some terrific questions so besides PMing you the below statements, I thougth I must share it here with the other visitors who may have similar questions about my style of Forex trading - I hope you do not mind:

Q: "...why this confirmation hunt and as we see in your result picture you not have a loss trade?

A: [No, I do have some losses, but rarely, as I use a combination of PVSRA-FIFO, and] PVTs at their extreme Fib R61-100% plus [as well as, I ] have enough reserve or account equity [with a] risk [of] about 10% of it. Therefore, I can wait for the PA to come back as the market is basically sinusoidal or pendulum for MMs to take out tight SLs of 20-50 Pips, producing more liquidity to use against the naive retail traders - the 90% of losers. The other 10% use exactly the way MMs use, high capital and scooping or SL hunting. That is why a pendular approach by them works. The idea is to ride on their coattails to also make money against the other fellow retailers. MMs are not in the business of losing, obviously.

Q. You operate with huge SL?"

A: Yes, I trade some 300-500 Pips which come to about 30-50% vs 1-2% with some RR 2:1 with is bound to lose (80-90%) than win (20-10%), with a DD% of 0% after the PA hits your TP with an plan using the best set-up possible leverage or strategy (FIFO-PVSRA-PVTs) for winning returns. I personally use Shorts trades only. Sometimes, I make a mistake and go long which is less predictive [of hinting my TP in my case]....analyze what CG and Davit usually trade - bearish using shorts. '

Feel free to make any comments or contributions here. But, like yourself, I doubt I will change as finally I have great results with blending the strategies of the above mentioned authors.

Regards,
- John

GM Friends,

I would like to quote myself from another Thread trying to explain my personal trading style based on blending the strategies of the best Professional Forex Traders on FF: CG and Davit who are free dedicated teachers on successful Forex trading- also watch the free videos on www.YouTube.com by the late Mr. Michael Douglas on the psychology of trading the Market - very important to study as well:

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1. Post 12,754
2. Cleanup
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5. Apr 27, 12:26pm (18 hr ago) | Edited Apr 27, 2:13pm

1. https://cdn-assets.forexfactory.net/...r470862_10.gif DrForexMD
2. Joined Jun 2016 | Status: PA Pivot-PVSRA-FIFO Scalper | 2,848 Posts | Online Now

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 (EST) using the above and taking trades with my strategies - with 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.
"What Goes Up, Must Come Down." I. Newton '

I hope this helps. Please go and also study CG and Davit's Threads. Also, look at my summary files (PDF) of their ingenious contributions on FF.

Regards,

-John