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

As we can see, two brokers with AN widening spread to jump my short trades using the "Classic" Spread for profit and the second broker did not jump because it has a "fixed spread."

I am now going to be using the two live accounts to watch this widening spreads and weekend gaps in price at the start of the new week.

Be careful with that HUGE floating P/L my man. You are 12% in DD. I mean it's not that bad depending on your level of risk. But once you are hundreds and hundreds of pips down I would reconsider, luckily your pip value is small. But precision is key too.

When do you cut your losses short?

Regards

Hey Nenuser,

I try to keep my Margin% of 150 to 200% or more...that is Equity/Margin. When you get to close to Margin Call worth Margin% 120-130%, you either add funds say $100 or $200 or close a trade or two....simple my friend....nothing to fear, the PA is sinusoidal, and will eventually hit your TP. The key is to try to get the extreme Fib% of 61% or greater, and trade very small with a soft or a coverage of DD of at least 300-500 Pips.

Then, try to reach approx. 10% or more per mouth, then let compounding
do the rest and try to hasten growth with investing approx 15% of your gross income.

Regards,
JG

Sunday May 27, 2018 19:48

Good evening FF Friends,

My baseline trades for the week follow - note, that I am testing the Voty's PVT indicator at MN:



Regards,

John

Check out new Pivot Thread using PVT-Fib using with prior Month's PA at:

https://www.forexfactory.com/showthr...1#post11104871

I have been testing this PVT Indi at MN to see if there may be a more stable PA average than the just the weekly, and the fact that levels at the GMT-5 and GMT+2 time zones the PVT correlate. This is important as Oanda is switching their Classic GMT-5 to their newer V20 GMT+2 now....I think it is already done in part as I can go between Time Zones on my same live account original GMT-5 EST.

MN vs WK PVT is not as important for me for entries, because after I use PVTs to estimate Pairs that are in major reversal swings 61-100% Zones to keep my DD low as possible. Then, I go down to the M1-M5 TF to scalp with the News in the direction of pivot swings using CigarGuy's PVSRA-FIFO techniques !

In essence, unless News is as major as Brexit, etc., than trying tu make guesses for me on the algebraic sum of traders position is futile. Those who have a gift of estimating direction based only on fundamentals are truly gifted. I am not that smart.

I would rather see what I see with the PA and technical approach, as the MMs just are out to take out your SLs with their massive accounts. so, like the big guys, I trade tiny lots with a much larger equity to not have any SLs or only soft SLs as I get too low on my Margin% due to too high of a DD.

Regards,
John

Monday, May 28, 2018 21:37

Good evening FF Friends,

Looks like a good start for the week:

AJ +132.0

AN +86.6

NC +6.3

UJ +30.3

Today's Catch: $22.43 before fees



Have a great night or day...wherever you are !

Goodnight,

JG

Tuesday, May 29, 2018 10:53

GM Friends,

AN +219.6

AJ +161.4

AC +56.7

UC +14.0

Attached Image (click to enlarge)

AC +100.1