PVSRA Scalping with Cigarguy | Page 2 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

PVSRA (Price, Volume, S&R Analysis) 8,488 replies

PVSRA Scalping EA 1,290 replies

PVSRA Scalping 13 replies

Scalping M5 with PVSRA / 10pips Daily 64 replies

PVSRA Scalping 0 replies

Attachments: PVSRA Scalping with Cigarguy
Exit Attachments

PVSRA Scalping with Cigarguy

  • #21
  • Edited 3:06pm Jan 21, 2016 2:53pm | Edited 3:06pm
As a trader we all know Scalping is an art. Forex trading is a probability business. We all know price always follow higher time frame. so scalping is risky and dangerous if we fail to identify sweet spot for taking entry and exit.

So everyone encouraged to post their FIFO trades with clean chart with nice explanation so that everyone here can understand and learn from your post. Explanation can be with technical or chart analysis but have clear relation with PVSRA system.

Summury: Let's cheers with honey of "PVSRA scalping with cigurguy" all together.



More comments to come from me.........and hope all are posting here regularly.

Green pips for All.
  • #22
  • Jan 21, 2016 2:53pm Jan 21, 2016 2:53pm
Quoting thedrrew
Long live to your thread Cigarguy ! Lets the pips be with us
thedrrew,

Thanks my Friend....I can feel lots of positive and friendly energy here, it will happen....
Keep It Simple
  • #23
  • Jan 21, 2016 2:55pm Jan 21, 2016 2:55pm
Quoting saiffx
As a trader we all know Scalping is an art. Forex trading is a probability business. We all know price always follow higher time frame. so scalping is risky and dangerous if we fail to identify sweet spot for taking entry and exit. So everyone encouraged to post their FIFO trades with clean chart with nice explanation so that everyone here can understand and learn from your post. Explanation can be with technical or chart analysis but have clear relation with PVSRA system. Summury: We cheers with honey of "PVSRA scalping with cigurguy" all together....

Good positive comment.....I am as excited as anyone to gain more analysis knowledge. The only thing that I know for sure, is that I know nothing for sure ....
Keep It Simple
  • #24
  • Jan 21, 2016 3:04pm Jan 21, 2016 3:04pm
Quoting cigarguy
{quote} Good positive comment.....I am as excited as anyone to gain more analysis knowledge. The only thing that I know for sure, is that I know nothing for sure ....
  • #25
  • Jan 21, 2016 3:05pm Jan 21, 2016 3:05pm
Because I live in the US, I don't trade LO due to time constraints, but please keep the London charts coming and I'll see you at NYO and often the Asian Session.....
Keep It Simple
  • #26
  • Jan 21, 2016 3:09pm Jan 21, 2016 3:09pm
Subscribed and excited to learn more!
  • #27
  • Jan 21, 2016 3:10pm Jan 21, 2016 3:10pm
Quoting cigarguy
Because I live in the US, I don't trade LO due to time constraints, but please keep the London charts coming and I'll see you at NYO and often the Asian Session.....
I trade from the middle of Asian session to the middle of NY session. I am surely available on this time........

Thanks.
  • #28
  • Jan 21, 2016 3:10pm Jan 21, 2016 3:10pm
UJ, M5 +28 (5 lots avg +5.6) entered long after retrace below half number to 76.4% fib level and break of RDH with good notable volume. Held this trade for seconds. Nice way for me to start this thread off with a GREEN 1st trade ..........

And I reduced my lot size down from 20 to 5 due to the many retraces during Asia...... Oh well NP, pips R Pips....
Attached Image (click to enlarge)
Click to Enlarge Name: USDJPYiM5.png Size: 85 KB
Keep It Simple
  • #29
  • Jan 21, 2016 3:12pm Jan 21, 2016 3:12pm
Quoting forexwolf
Subscribed and excited to learn more!
Welcome here and stay updated.


Thanks.
  • #30
  • Edited 7:48pm Jan 21, 2016 3:35pm | Edited 7:48pm
PVSRA Traders testing the MA ribbon indicator posted above! Please post your opinion as to your findings of being helpful or not. I currently have both the 50 ema and this ribbon on separate charts myself and have not concluded if it has helpful potential over the one we now use. I do know that some changes to the 50 ema are in the works and I may incorporate those changes into this ribbon for testing. I will test that as well and advise.
Keep It Simple
  • #31
  • Jan 21, 2016 3:50pm Jan 21, 2016 3:50pm
Quoting cigarguy
Welcome to the PVSRA scalpers and traders. I intend for this thread to virtually be a continuation of our previous PVSRA trading thread. The PVSRA trading rules will remain the same beginning with the already successful templates and indicators. New traders will be directed to the original PVSRA thread to download the required templates and indicators and for study of already posted charts and PDF's. http://www.forexfactory.com/showthre...40706&page=201 The primary difference and goal that I hope to accomplish here is the possible...
Dear Cigarguy,
Nice too see you in some real action- your own thread. Yes, your scalping art deserves it ( it was about time).

EURUSD PVSRA Scalp- Cigarguy style:
Nice volume from the highs - S/R level. Exit was a bit late, becouse I was reading posts on PVSRA thread.
8.3 pips average, 24.9 pips total gain.
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDiM1 Scalp 21.1..png Size: 73 KB
PVSRA
  • #32
  • Jan 21, 2016 3:52pm Jan 21, 2016 3:52pm
Quoting cigarguy
Welcome to the PVSRA scalpers and traders. I intend for this thread to virtually be a continuation of our previous PVSRA trading thread. The PVSRA trading rules will remain the same beginning with the already successful templates and indicators. New traders will be directed to the original PVSRA thread to download the required templates and indicators and for study of already posted charts and PDF's. http://www.forexfactory.com/showthre...40706&page=201 The primary difference and goal that I hope to accomplish here is the possible...
I would love to contribute however I believe that requiring PVSRA templates for chart posts is perhaps short sighted. You yourself,on the prior thread, often posted charts using only parts of what TAH created often reasoning that some of the indicators were not suitable to your scalping style. An example of recent indicators were the BN and ribbon ones which have no place in the template but are useful for scalping. With all due respect to TAH, I use all of his teachings and have learned from them but if the scalpers among us are exluded from posting non PVSRA looking charts, we will be missing a lot of new methods and ideas which I for one would like to be exposed to. I know you may be trying to give some order and control to your new thread but there may be another way. Its your thread. Good luck and thanks for taking this on.
I should never have switched from scotch to martinis
  • #33
  • Jan 21, 2016 3:53pm Jan 21, 2016 3:53pm
Quoting Fisher755
{quote} Dear Cigarguy, Nice too see you in some real action- your own thread. Yes, your scalping art deserves it ( it was about time). EURUSD PVSRA Scalp- Cigarguy style: Nice volume from the highs - S/R level. Exit was a bit late, becouse I was reading posts on PVSRA thread. 8.3 pips average, 24.9 pips total gain. {image}

Fisher755,

Thanks for your kind words....they mean a lot coming from you as such an astute FIFO trader. I know you have a busy schedule but hope you find time to drop by and continue your great posts with explanations............
Keep It Simple
  • #34
  • Jan 21, 2016 3:58pm Jan 21, 2016 3:58pm
Quoting fxj
{quote} I would love to contribute however I believe that requiring PVSRA templates for chart posts is perhaps short sighted. You yourself,on the prior thread, often posted charts using only parts of what TAH created often reasoning that some of the indicators were not suitable to your scalping style. An example of recent indicators were the BN and ribbon ones which have no place in the template but are useful for scalping. With all due respect to TAH, I use all of his teachings and have learned from them but if the scalpers among us are exluded...
I completly disagree here, no offence.
Last days Cigarguy and me compared some charts when we scalped ( I'm using PVSRA TPLs ONLY) and the results were very similar. None of Cigarguy's experiment charts that are different than original PVSRA chart could convince me. For me, PVSRA TPL is by far the best I have ever seen. But we all have different opinions...
The chart and trends posted on my last trade are the result of Tah's new version of the TPLs that will be released very soon.
PVSRA
  • #35
  • Edited 4:38pm Jan 21, 2016 4:06pm | Edited 4:38pm
Quoting fxj
{quote} I would love to contribute however I believe that requiring PVSRA templates for chart posts is perhaps short sighted. You yourself,on the prior thread, often posted charts using only parts of what TAH created often reasoning that some of the indicators were not suitable to your scalping style. An example of recent indicators were the BN and ribbon ones which have no place in the template but are useful for scalping. With all due respect to TAH, I use all of his teachings and have learned from them but if the scalpers among us are exluded...
fxj,

Thank you for your post and happy to hear your words because, yes it appears that there is a misunderstanding. Maybe in my haste to get the ball rolling here I was not clear; I do encourage any and all posts either with our current PVSRA chart or a traders recommendation or a chart in a testing phase. I just want to be certain that we maintain the psychology behind the PVSRA system and trade it as always. The difference as you mentioned is, as I stated on the previous thread as you did,, out of respect for TAH and his hard work I didn't feel comfortable changing his template and I wanted a thread where all traders can participate and not re-invent the wheel but maybe make it roll a bit better.

I hope I explained myself clearly; All suggestions as to charts, indicators and templates are welcomed as long as they allow for successful PVSRA analysis and trading.

As I have always said: Each trader must take a core system/method and make it their own as trading is not a one size fits all business..
Keep It Simple
  • #36
  • Jan 21, 2016 4:19pm Jan 21, 2016 4:19pm
Allow me to subscribe with interest Cigarguy. Best, Joshua
  • #37
  • Jan 21, 2016 4:30pm Jan 21, 2016 4:30pm
Dear Cigarguy,thank you for your great job and new thread !
All best my friend !!!!!!!
  • #38
  • Jan 21, 2016 4:32pm Jan 21, 2016 4:32pm
Quoting leentjai
Dear Cigarguy,thank you for your great job and new thread ! All best my friend !!!!!!!
leentjai,

Thank you and welcome. Excited to see your trades and explanations including some of the best PVSRA analysis......
Keep It Simple
  • #39
  • Edited 5:37pm Jan 21, 2016 5:20pm | Edited 5:37pm
Here is a very fast comparison of the current 50 ema on our present PVSRA chart and the Ribbon indicator that is being tested. At first glance when the trend changes and PA makes a move it is easy to recognize with the Ribbon color change often coinciding with the candle color change, at least for my old eyes..... This is only a quick screen shot as I am trading it now. In reality, our best indicator for trend recognition is our EYES. UP------DOWN-----SIDEWAYS and our primary consideration once the trend is recognized is trading the PVSRA system anyway. Price, Volume, Support, Resistance and Analysis, using and understanding the importance of key levels with maybe fibs thrown in for targets and entry/exit conformations. This is My Opinion anyway and all comments are welcomed. You look and decide as we are just trying to think out of the box, maybe good or maybe useless. Please keep in mind if any use the Ribbon, the setting are user adjustable to make it tighter if desired. I am also testing a setting of 50 and 25..............
Attached Image(s) (click to enlarge)
Click to Enlarge Name: USDJPYiM5 test.png Size: 91 KB
Click to Enlarge Name: USDJPYiM5.png Size: 75 KB
Keep It Simple
  • #40
  • Jan 21, 2016 6:23pm Jan 21, 2016 6:23pm
UJ M5 FIFO scalp +11.5 (5 lots reduced from 20 due to Asia retraces avg. +2.3) very quick scalp as entered from break of Daily High and quarter level with notable volume target was DO where it hit and retraced.......
Attached Image (click to enlarge)
Click to Enlarge Name: USDJPYiM5 s1.png Size: 77 KB
Keep It Simple
3 traders viewing now