GU M1 FIFO scalp +168 (40 lots +4.2) entered on PA break of 1.51500 key level with EMA's and PA headed up with volume and USD vs GBP strength...........
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PVSRA (Price, Volume, S&R Analysis)
- #3,301
- Edited 3:38am Dec 14, 2015 3:28am | Edited 3:38am
- Joined Jan 2007 | Status: Senior Member | 6,517 Posts
- #3,302
- Dec 14, 2015 4:32am Dec 14, 2015 4:32am
- Joined Jan 2007 | Status: Senior Member | 6,517 Posts
Draghi speakes in about half hour....
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- #3,303
- Dec 14, 2015 5:34am Dec 14, 2015 5:34am
- Joined Jan 2007 | Status: Senior Member | 6,517 Posts
M1 GU FIFO scalp +40 (20 lots +2) entered based on GBP weakness, EMA's and PA headed down after news with quick target of 1.51500 key level. Risky trade not a good entry....
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- #3,304
- Dec 14, 2015 7:21am Dec 14, 2015 7:21am
- Joined Jan 2007 | Status: Senior Member | 6,517 Posts
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- #3,305
- Dec 14, 2015 7:52am Dec 14, 2015 7:52am
- Joined Jan 2007 | Status: Senior Member | 6,517 Posts
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- #3,306
- Dec 14, 2015 8:03am Dec 14, 2015 8:03am
- Joined Jan 2007 | Status: Senior Member | 6,517 Posts
GU M1 scalp +46 (20 lots +2.3) dropped down to M1 for a quick scalp got there for a late entry after pull back from 1.51260 level.
About time to quite and rest +382 for the day
About time to quite and rest +382 for the day
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- #3,307
- Dec 14, 2015 9:17am Dec 14, 2015 9:17am
- Joined Jan 2007 | Status: Senior Member | 6,517 Posts
GU M15 scalp +266, entered long on bounce from RDL and 1.51250 level.
Tried to get away but GU had more to give up and making me crazy today
M15 for today +648
Tried to get away but GU had more to give up and making me crazy today
M15 for today +648 
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- #3,309
- Dec 14, 2015 10:05am Dec 14, 2015 10:05am
- Joined Jan 2007 | Status: Senior Member | 6,517 Posts
learning... thanks SO MUCH for this thread! this is a new beginning for me {image} gotta love usdcad
Good job and nice to see and hear this system is working for you.....
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- #3,310
- Edited 2:50pm Dec 14, 2015 2:34pm | Edited 2:50pm
- Joined Jan 2007 | Status: Senior Member | 6,517 Posts
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- #3,313
- Dec 14, 2015 3:28pm Dec 14, 2015 3:28pm
- Joined Jan 2007 | Status: Senior Member | 6,517 Posts
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- #3,314
- Dec 14, 2015 3:38pm Dec 14, 2015 3:38pm
- Joined Jan 2007 | Status: Senior Member | 6,517 Posts
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- #3,316
- Edited 4:38pm Dec 14, 2015 4:13pm | Edited 4:38pm
- Joined Jan 2007 | Status: Senior Member | 6,517 Posts
UJ M5 scalp +42 (20 lots +2.1) entered again after pull back to 121.000 key level for a quick scalp.
Pretty good day added a few more +802..Santa came early.....
Pretty good day added a few more +802..Santa came early.....
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- #3,317
- Dec 14, 2015 5:07pm Dec 14, 2015 5:07pm
- Joined Jan 2007 | Status: Senior Member | 6,517 Posts
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- #3,318
- Edited 7:47pm Dec 14, 2015 5:16pm | Edited 7:47pm
- Joined Jan 2007 | Status: Senior Member | 6,517 Posts
{quote} Dear Cigarguy: I am over 7 years in the forex, slowly loosing real money and loosing and loosing and .... etc. Seven years of the screen time, as you say. ( No talk about PA, Murray, SR, Fibo, psycho, correlation, Gann, Williams, round numbers, divergenciens... not to say MAs, etc. etc. and so on, etc. and so forth.... I have tried everything -nearly everything ). Today I have 2 good PVSRA trades and the others were bad ones. Never mind - I know it is a probability game, one day is nothing.... BUT: I didnt notice you are strictly trading...
You are correct. I trade PVSRA, but my primary consideration is; PA, key levels for S & R and good MM momentum. I do look for notable volume, but like most of the PVSRA purist, that is a consideration but my primary interest for entries and exits is PA in relation to the key levels. If you notice, on most of my posted charts, I look for entries at or near a key level and only scalp for small pips. My personal experience only through the years. If using all of those indicators are not working for you, try a clean PVSRA chart and junk all of those lagging indicators and just watch as I posted.
If you have not done so already, set up a chart as recommended in this thread and learn how the market really works and find the momentum of the crooked MM's and grab their shirt tails and go for the ride. Momentum is extremely important when scalping for small pips.
Each trader must trade what works for them, their account size to withstand DD's, time allotted to trade and Risk/Reward. I have found what works for me and that is small pip trades with larger lot sizes. Most of the time with good MM momentum small pip trades such as 5 +/- targets are easy to reach. Just my experience and opinion....
Good Luck and hope you catch some nice pips. I am by no means suggesting that you or anyone scalp as I do. Each must find what style works and make it their own as trading is not "one size fits all".
This is a excerpt and quote from TAH's "The Golden Posts" pdf , who is the founder and originator of this thread;
"PVSRA is a form of analysis. It takes into consideration all the three most important market metrics: price, volume, S&R. Price refers to everything about price, from individual candle configurations, group configurations, price action waves and major price patterns. Volume changes denote changes in interest. So, notable increases can give us clues as to what price levels are most popular, but to determine if for buying or if for selling we have to look at more. S&R knowledge is a must! How price behaves around key S&R, and how the volume changes around key S&R can give us more clues." Do not expect a simple answer to your question!_-TAH-
Many GREEN Pips and hope this helps.
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- #3,320
- Dec 14, 2015 5:22pm Dec 14, 2015 5:22pm
- Joined Jan 2007 | Status: Senior Member | 6,517 Posts
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