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PVSRA Scalping with Cigarguy

  • #1,461
  • Edited 9:52am Feb 27, 2016 8:22am | Edited 9:52am
Quoting Sniper1310
Hi Cigarguy, followed this great thread as a still reader since the start. Its quite amazing how this works for you. I would like to expand my arsenal of trading weapons a little bit and what I really like about this style is that it minimizes time in the market so that the MMs do not have a lot of time to get your profits back. What I am really insecure about is how you find your setups. Could you please explain how you do identify potential candidates for a trade? Its quite hard (for myself) to follow more than three...
Hi Sniper1310,

Nice to hear that our style of scalping PVSRA is working for you as you hit the nail right on the head with your above highlighted comment. I personally only follow EU, UJ, EJ and GU as that is enough pairs for me to stalk for set ups.

I do look at H1 and drill down to M15, M5 and look for a confirmation PVSRA entry ultimately on M1. I suggest that you post your trades and experienced PVSRA scalpers here will be happy to advise with comments.

Stay GREEN My Friend

Edited: Sorry I misread your above post as you had posted my chart as an example....
Cigarguy
Keep It Simple
  • #1,462
  • Feb 27, 2016 9:27am Feb 27, 2016 9:27am
Quoting cigarguy
{quote} Hi Sniper1310, Nice to hear that our style of scalping PVSRA is working for you as you hit the nail right on the head with your above highlighted comment. After looking at your chart and reading your post, I think you pretty much know what to do as your trade illustrates. I personally only follow EU, UJ, EJ and GU as that is enough pairs for me to stalk for set ups. I do look at H1 and drill down to M15, M5 and look for a confirmation PVSRA entry ultimately on M1. I suggest that you continue to post your trades as above and experienced PVSRA...
I think CIGARGUY can proof it that scalping in M1 chart is possible. Day by day this belief will established strongly.
I think so.

Thanks
  • #1,463
  • Edited 9:59am Feb 27, 2016 9:44am | Edited 9:59am
Quoting saiffx
{quote} I think CIGARGUY can proof it that scalping in M1 chart is possible. Day by day this belief will established strongly. I think so. Thanks
I believe that Sniper1310's statement is right on spot and illustrates an excellent justification among others, why scalping PVSRA is such a beneficial style of trading;

Quote
it minimizes time in the market so that the MMs do not have a lot of time to get your profits back.

How many times have most of us had our trades go into profit just to see retraces and quick changes of trend and watch our winners turn into losers...I admit that I have for sure....... Hence with our quick small 5 +/- pips IMO, the percentages for winning scalps is in the traders favor with less exposure to retraces.....
Keep It Simple
  • #1,464
  • Feb 27, 2016 12:15pm Feb 27, 2016 12:15pm
Quoting cigarguy
{quote} Hi Sniper1310, Nice to hear that our style of scalping PVSRA is working for you as you hit the nail right on the head with your above highlighted comment. I personally only follow EU, UJ, EJ and GU as that is enough pairs for me to stalk for set ups. I do look at H1 and drill down to M15, M5 and look for a confirmation PVSRA entry ultimately on M1. I suggest that you post your trades and experienced PVSRA scalpers here will be happy to advise with comments. Stay GREEN My Friend Edited: Sorry I misread your above post as you had posted my...
Hi Cigarguy,

thanks for your answer. I interprete it that way that you before starting the trading you will you have a look at H1 for clues what MMs are up to and then drop down to the other TFs (M30,M15,M5) to look if they are corresponding. If there´s green light on everyone you are good to go and stalk M1 for PVSRA entries. Since clues on H1 do not change so fast you are good to go for some pips and be out of the market asap. Due to the higher lot size you are able to reap enough to live comfortably (This coincides with the system I trade; there I am looking to grap a few pips asap and 2 trades a day are quite enough for a nice equity grow.).

The pairs you have mentioned make much sense to me since they are low spread pairs (=high liquidity) - a must for scalping - and (most of the time) there is some kind of significant correlation between them.

Will have a try next week and then posting some trades for comment to learn.

I would also like to thank the participants of this thread for their great work and tools provided.
  • #1,465
  • Feb 28, 2016 8:45am Feb 28, 2016 8:45am
Quoting Sniper1310
{quote} Hi Cigarguy, thanks for your answer. I interprete it that way that you before starting the trading you will you have a look at H1 for clues what MMs are up to and then drop down to the other TFs (M30,M15,M5) to look if they are corresponding. If theres green light on everyone you are good to go and stalk M1 for PVSRA entries. Since clues on H1 do not change so fast you are good to go for some pips and be out of the market asap. Due to the higher lot size you are able to reap enough to live comfortably (This...
Sniper1310,

Yes, higher t/f/s will often mask what the MM's are up to as most often clearly seen on M1 observing volume and candles with PVSRA conformation. H1 for instance will not show high volume and candles in sync for a good FIFO scalp entry but M1 will........

To check for yourself, just watch M1 on any pair for a PVSRA entry ( example red candle and corresponding red notable volume bar) and then move up to H1 and that cannot be seen so the probability of a good entry is missed.
Keep It Simple
  • #1,466
  • Edited Feb 29, 2016 1:15am Feb 28, 2016 1:29pm | Edited Feb 29, 2016 1:15am
Dear PVSRA Scalpers,

Sir TAH Just release his new free indicators and template sets in his new site.

Here he added 200 ema with 50 ema trend line.
and in Access panel Asian session is added. After closing a trade info remain hidden in this version.

This is for you.

Cheers.

Thanks
Attached File(s)
File Type: zip PVSRA 03-01-2016.zip   808 KB | 1,228 downloads
File Type: pdf PVSRA Indicators March 1%2C 2016.pdf   125 KB | 1,492 downloads
  • #1,467
  • Feb 28, 2016 1:44pm Feb 28, 2016 1:44pm
Quoting saiffx
Dear PVSRA Scalpers, Sir TAH Just release his new free indicators and template sets in his new site. This is for you. Cheers. Thanks {file}

Keep It Simple
  • #1,468
  • Feb 29, 2016 2:17am Feb 29, 2016 2:17am
PVSRA FIFO TRADE OPEN AND CLOSE

TF >> M1

Notable bull climax volume confirm the end of bullishness for this time.
Candle formation: Double top.

I jump and exit with Profit avg p+11.0
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD M1.jpg Size: 318 KB
  • #1,469
  • Feb 29, 2016 3:02am Feb 29, 2016 3:02am
EJ short +5pips

This is that same breakout setup I mentioned a few days ago... happens everyday pretty much

Tests support, initial reaction and then breaks through on a solid red candle.
Only took 5 pips as it is monday
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 64 KB
  • #1,470
  • Feb 29, 2016 3:08am Feb 29, 2016 3:08am
UC long +5pips

This is quite a straight forward setup... that happened earlier just been busy and couldn't post it right away.

MM's went below previous support ran stops and all their other usual crap and shot up back through quarter LV and through M1 dragon
This trade had increase risk as it was running into the PVT (yellow line), still managed to take my +5 at previous high
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 71 KB
  • #1,471
  • Feb 29, 2016 3:10am Feb 29, 2016 3:10am
Also took an entry on NU short bang on london open... gave +4 and quickly reversed and stopped me @BE within a minute... wont bother posting here
  • #1,472
  • Feb 29, 2016 5:47am Feb 29, 2016 5:47am
Quoting crameka
UC long +5pips This is quite a straight forward setup... that happened earlier just been busy and couldn't post it right away. MM's went below previous support ran stops and all their other usual crap and shot up back through quarter LV and through M1 dragon This trade had increase risk as it was running into the PVT (yellow line), still managed to take my +5 at previous high {image}
Nice trades as usual....

You seem to have found your sweet spot...
Quote
Tests support, initial reaction and then breaks through on a solid red candle.
Keep It Simple
  • #1,473
  • Feb 29, 2016 7:20am Feb 29, 2016 7:20am
AU M1 +5 pips - Explaination on chart.

Attached Image (click to enlarge)
Click to Enlarge Name: audusd-m1-29-02-16.png Size: 58 KB
  • #1,474
  • Feb 29, 2016 7:38am Feb 29, 2016 7:38am
Quoting Vape
AU M1 +5 pips - Explaination on chart. {image}
Keep It Simple
  • #1,475
  • Feb 29, 2016 7:44am Feb 29, 2016 7:44am
pvsra fifo entry on gbpusd m1
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD M1.jpg Size: 280 KB
  • #1,476
  • Feb 29, 2016 8:10am Feb 29, 2016 8:10am
pvsra fifo long on gj m1 open and closed
Attached Image (click to enlarge)
Click to Enlarge Name: GBPGPY M1.png Size: 49 KB
  • #1,477
  • Feb 29, 2016 8:25am Feb 29, 2016 8:25am
Quoting saiffx
pvsra fifo long on gj m1 open and closed {image}
saiffx,

All of your trades nice start of the week.....
Keep It Simple
  • #1,478
  • Feb 29, 2016 8:32am Feb 29, 2016 8:32am
EU M1 +6 small test scalp due to some EA mods.
Attached Image (click to enlarge)
Click to Enlarge Name: Snapshot2016-02-29_07-30-03_EURUSDi_M1_.png Size: 46 KB
Keep It Simple
  • #1,479
  • Feb 29, 2016 8:51am Feb 29, 2016 8:51am
EU M1 FIFO scalp +75 (avg. +3) entered from PA rejection of quarter level breaking above dragon with notable volume and candle.
Attached Image (click to enlarge)
Click to Enlarge Name: Snapshot2016-02-29_07-48-52_EURUSDi_M1_.png Size: 44 KB
Keep It Simple
  • #1,480
  • Feb 29, 2016 8:55am Feb 29, 2016 8:55am
GU M1 +5 pips. Explaination on chart.

Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd-m1-29-02-16.png Size: 61 KB
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