EU M1 Explanation on chart
PVSRA Scalping with Cigarguy
- #13,143
- Jul 23, 2018 10:20am Jul 23, 2018 10:20am
- Joined Jan 2007 | Status: Senior Member | 6,517 Posts
Nice start for the week Guys..
Keep It Simple
- #13,144
- Jul 23, 2018 11:43am Jul 23, 2018 11:43am
UJ M1 +6.0 pips
Hi PVSRA family! I haven't been posting lately because I was away with my family back home! Now, I'm back and it feels great to be posting with all of you again! This is my first trade since coming back.
This is what I saw in M5. My gut feeling told me that the red candle is going to be a failed retest and if it is...that's my setup!
Dropped down to M1 and waited for an opportunity to enter. I quickly entered when I saw it and waited. After a few minutes PA hit my TP!
Hi PVSRA family! I haven't been posting lately because I was away with my family back home! Now, I'm back and it feels great to be posting with all of you again! This is my first trade since coming back.
This is what I saw in M5. My gut feeling told me that the red candle is going to be a failed retest and if it is...that's my setup!
Dropped down to M1 and waited for an opportunity to enter. I quickly entered when I saw it and waited. After a few minutes PA hit my TP!
~I'll take 5 pips or whatever I can~
- #13,145
- Jul 23, 2018 12:46pm Jul 23, 2018 12:46pm
- Joined Mar 2016 | Status: Senior member | 1,279 Posts
- #13,146
- Edited 6:47pm Jul 23, 2018 1:26pm | Edited 6:47pm
- Joined Jan 2007 | Status: Senior Member | 6,517 Posts
UJ M1 +6.0 pips Hi PVSRA family! I haven't been posting lately because I was away with my family back home! Now, I'm back and it feels great to be posting with all of you again! This is my first trade since coming back. {image} This is what I saw in M5. My gut feeling told me that the red candle is going to be a failed retest and if it is...that's my setup! {image} Dropped down to M1 and waited for an opportunity to enter. I quickly entered when I saw it and waited. After a few minutes PA hit my TP!
Keep It Simple
- #13,151
- Jul 25, 2018 8:33am Jul 25, 2018 8:33am
- Joined Jan 2007 | Status: Senior Member | 6,517 Posts
Hey Rob...good to see your scalps as always...
Keep It Simple
- #13,153
- Jul 25, 2018 4:46pm Jul 25, 2018 4:46pm
- Joined Jan 2007 | Status: Senior Member | 6,517 Posts
EURJPY CLOSED 44 PIPS {image} GBPCAD CLOSED 46 PIPS {image} USDJPY CLOSED 32 PIPS {image}
You have demonstrated your in depth understanding of our PVSRA method while banking very nice pips..
Cigarguy
Keep It Simple
- #13,154
- Jul 25, 2018 5:57pm Jul 25, 2018 5:57pm
{quote} Congrats reference to your nice clean charts with excellent trade notations...
Iv learned from you guys...and this Thread is the warmest PVSRA home there is...
- #13,157
- Jul 26, 2018 5:13am Jul 26, 2018 5:13am
{quote} why don't you clarified how do you got entry and closed trade at that point. ? like Vape, rihlian and many do.
I clearly do give an explanation on the charts unless you would like additional information...
Imbalance is the place in which the MM has pushed the price up or down resulting in a Level break, then they come back for more orders after the Level has broken. The place where they come back for orders is normally called Accumulation Area, then after they finish collecting the orders through stop hunts and price manipulation they Run for profit.
Cheers
PVSRA and Patience
- #13,158
- Jul 26, 2018 6:42am Jul 26, 2018 6:42am
- Joined Jan 2007 | Status: Senior Member | 6,517 Posts
Hey leentjai Welcome,
Great to see you here it's been a long time...
Hope to see you post your excellent trades.
Cigarguy
Great to see you here it's been a long time...
Hope to see you post your excellent trades.
Cigarguy
Keep It Simple
- #13,160
- Jul 26, 2018 7:50am Jul 26, 2018 7:50am
- Joined Mar 2016 | Status: Senior member | 1,279 Posts
Not much to explain here.
Just following the trend and spotted strong rejection from the 200EMA.