PVSRA Scalping with Cigarguy | Page 679 | Forex Factory

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PVSRA Scalping with Cigarguy

  • #13,561
  • Jan 7, 2019 11:06pm Jan 7, 2019 11:06pm
hello.

I am first time join the forexfactory. actually, i knew the forex since last year,I tried every system in my trade,
scalfer, daily but the result was bad.. but first time i will introduce my self. my name is Adi I am from Indonesia

I read some article regarding PVSRA, I think this system will help me.
in my chart was terrible, too many indicators I put it.

Please give me the link for PVSRA indicator the last update.
thank in advance
  • #13,562
  • Jan 8, 2019 4:31am Jan 8, 2019 4:31am
EU M1 +5 Explanation on chart

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  • #13,563
  • Jan 8, 2019 4:44am Jan 8, 2019 4:44am
Quoting adi09
hello. I am first time join the forexfactory. actually, i knew the forex since last year,I tried every system in my trade, scalfer, daily but the result was bad.. but first time i will introduce my self. my name is Adi I am from Indonesia I read some article regarding PVSRA, I think this system will help me. in my chart was terrible, too many indicators I put it. Please give me the link for PVSRA indicator the last update. thank in advance
You can download the pvsra indicators and template from Cigar guys post on page 1. The other indicators some of us use are in the paperclip at the top of this page. We also use the 200 and 200 MA, I'm not sure if this are included in the template.

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  • #13,564
  • Jan 8, 2019 9:49am Jan 8, 2019 9:49am
EU M1 -5 Explanation on chart

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  • #13,565
  • Jan 8, 2019 10:10am Jan 8, 2019 10:10am
UJ M1 +5 Explanation on chart

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  • #13,566
  • Jan 8, 2019 10:11am Jan 8, 2019 10:11am
EU M1 +7 Explanation on chart

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  • #13,567
  • Jan 8, 2019 10:50am Jan 8, 2019 10:50am
- M5 Downtrend
- High bearish volume, followed by entry
- Added 2 entries as price tends to touch 1/2, of course 4 strong bearish candles added weight.
- 11.2 pip total. Close early because I was worried losing gains
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  • #13,568
  • Jan 9, 2019 8:21am Jan 9, 2019 8:21am
EU M1 +10 Explanation on chart

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  • #13,569
  • Jan 9, 2019 8:40am Jan 9, 2019 8:40am
CHFJPY M15 +20.1PIPS

- Two candle, although not consecutive, both failed to break the Dragon downwards. The red candle had volume even
bigger than the green one.
- PA had been on an uptrend for long time
Got my target and exited easily.
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  • #13,570
  • Jan 9, 2019 8:57am Jan 9, 2019 8:57am
Quoting robmagario
CHFJPY M15 +20.1PIPS - Two candle, although not consecutive, both failed to break the Dragon downwards. The red candle had volume even bigger than the green one. - PA had been on an uptrend for long time Got my target and exited easily. {image}
Nice scalps Rob and Vape...
Keep It Simple
  • #13,571
  • Jan 9, 2019 10:51am Jan 9, 2019 10:51am
GU M1 +6 Explanation on chart

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  • #13,572
  • Jan 9, 2019 12:15pm Jan 9, 2019 12:15pm
Quoting Vape
GU M1 +6 Explanation on chart {image}
Nice trade !

Took also a trade on GU, but waited till it broke dragon and 200EMA till I entered :

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The same for EJ:

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  • #13,573
  • Jan 9, 2019 9:15pm Jan 9, 2019 9:15pm
Quoting Vape
{quote} You can download the pvsra indicators and template from Cigar guys post on page 1. The other indicators some of us use are in the paperclip at the top of this page. We also use the 200 and 200 MA, I'm not sure if this are included in the template. {image}
Thanks Vape,
  • #13,574
  • Jan 10, 2019 4:02am Jan 10, 2019 4:02am
GU M1 -5 Explanation on chart

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  • #13,575
  • Jan 10, 2019 4:03am Jan 10, 2019 4:03am
GU M1 +8 Explanation on chart

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  • #13,576
  • Jan 10, 2019 4:03am Jan 10, 2019 4:03am
EU M1/M5 +19 Explanation on chart

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  • #13,577
  • Jan 10, 2019 12:13pm Jan 10, 2019 12:13pm
GJ + 10.6

- On M5 TF, price bounced of the dragon while dragon is in uptrend
- Waited on M1 till price went higher then LH
- Entered when price came above dragon
- Closed at .500 level

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  • #13,578
  • Jan 10, 2019 1:17pm Jan 10, 2019 1:17pm
Quoting Steef
GJ + 10.6 - On M5 TF, price bounced of the dragon while dragon is in uptrend - Waited on M1 till price went higher then LH - Entered when price came above dragon - Closed at .500 level {image}
Very nice catch..
Keep It Simple
  • #13,579
  • Jan 11, 2019 2:26am Jan 11, 2019 2:26am
Hello trader

I still confuse about stop Loss and Take Profit
I set take profit 8 Pip(+ spread 3 = 5 Pip) and stop loss 5 Pip(+spead 3= 8).
any suggestion
  • #13,580
  • Jan 11, 2019 12:23pm Jan 11, 2019 12:23pm
Got 3 successful attempts at scalping using pvsra today, then I tried position trading at higher timeframe using the pattern behind pvsra scalping. Got beaten. Lesson learned: MM is more subtle at hiding their intention on higher timeframe. Sayonara pvsra position trading.
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