AU M1 +5. Explaination on chart.
- #1,702
- Mar 8, 2016 5:37am Mar 8, 2016 5:37am
- Joined Jan 2007 | Status: Senior Member | 6,517 Posts
AU M1 +5. Explaination on chart. {image}
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- #1,703
- Mar 8, 2016 6:31am Mar 8, 2016 6:31am
- Joined Jan 2007 | Status: Senior Member | 6,517 Posts
EU M1 scalp +28 (avg. +5.5) Explanation on chart....
Keep It Simple
- #1,704
- Mar 8, 2016 6:49am Mar 8, 2016 6:49am
- Joined Jan 2007 | Status: Senior Member | 6,517 Posts
PVSRA Scalpers;
Just a reminder that all are welcomed to post their trades/charts although they may not be our supplied PVSRA charts and indicators. I only ask that they comply by depicting trades based on PA, volume and key levels staying on topic with our PVSRA or discretionary trades still considering PA and key S & R levels.........I do not wish to alienate traders/scalpers as contributors who have found their successful trading style although somewhat different then the one provided here as we wish to remain open minded to new and good ideas.......
Just a reminder that all are welcomed to post their trades/charts although they may not be our supplied PVSRA charts and indicators. I only ask that they comply by depicting trades based on PA, volume and key levels staying on topic with our PVSRA or discretionary trades still considering PA and key S & R levels.........I do not wish to alienate traders/scalpers as contributors who have found their successful trading style although somewhat different then the one provided here as we wish to remain open minded to new and good ideas.......
Keep It Simple
- #1,705
- Edited 7:19am Mar 8, 2016 7:06am | Edited 7:19am
- Joined Jan 2007 | Status: Senior Member | 6,517 Posts
EU M1 FIFO scalp +31 (avg. +6.2) New hour candle PVSRA, at times the MM's are so predictable with explanation on chart.....
Below chart food for thought for those wondering if key levels work as PA reversed exactly at the half level after I closed. "Greed Is Good" in the movies but not Forex............
Below chart food for thought for those wondering if key levels work as PA reversed exactly at the half level after I closed. "Greed Is Good" in the movies but not Forex............
Keep It Simple
- #1,706
- Mar 8, 2016 8:05am Mar 8, 2016 8:05am
- Joined Jan 2007 | Status: Senior Member | 6,517 Posts
EU M1 scalp +26 (avg. +5.3) Explanation on chart (entered long on 3rd re-test of half number key level with EUR strength).....
Keep It Simple
- #1,708
- Mar 8, 2016 8:14am Mar 8, 2016 8:14am
- Joined Jan 2007 | Status: Senior Member | 6,517 Posts
Hi CG! You are on a roll! Great trades as always! Crameka.... you are just "boxing" your way into trades! Enjoy seeing your jab hooks. Keep them coming. Here is a +fiver long on GU just now {image}
Thanks......Just relieving the thieving MM's
of some of their money.... BTW, nice trade as I saved some pips for you when you joined the party....
Keep It Simple
{quote} Thanks......Just relieving the thieving MM's
Had to run some errands today. That is the disadvantage of working from home! Family members always assume you are "free" to take a break.
In other news: A ranger was trapped between a bull and a bear
- #1,711
- Mar 8, 2016 8:28am Mar 8, 2016 8:28am
- Joined Jan 2007 | Status: Senior Member | 6,517 Posts
{quote} Just dont bankrupt the MMs! We need them to "make" markets! lol.... No markets, no trading for us. Had to run some errands today. That is the disadvantage of working from home! Family members always assume you are "free" to take a break.
If the MM's have issues with their cash flow to stay afloat, they can always contact us to provide them additional funding......
Keep It Simple
- #1,712
- Mar 8, 2016 8:31am Mar 8, 2016 8:31am
- Joined Jan 2007 | Status: Senior Member | 6,517 Posts
Hello PVSRA world; My first post here. I have been trading PA and S&R for a long time but I am always looking to improve my game. Last week I came across This Thread and have been drilling through the Textbook and have incorporated the missing element "volume" into my trading. Attached is a GBPUSD 5 min high volume candle crossing over dragon (thank you Digiff for the technique) {image}
Welcome.....Nice trade and happy to hear our thread has been of assistance.
Looking forward to your future contributions....here we like to chill, have some fun while making pips..... Keep It Simple
- #1,715
- Mar 8, 2016 9:10am Mar 8, 2016 9:10am
- Joined Jan 2007 | Status: Senior Member | 6,517 Posts
Keep It Simple
- #1,716
- Mar 8, 2016 9:14am Mar 8, 2016 9:14am
- Joined Dec 2015 | Status: Trader | 2,586 Posts
Hello,
someone here respects a good CRV?
I see many trades are taken 5 Pips, BUT in the meanwhile price rushes in opposite direction much more than profit is in the end.
someone here respects a good CRV?
I see many trades are taken 5 Pips, BUT in the meanwhile price rushes in opposite direction much more than profit is in the end.
Perfection is the enemy of good enough!
Hello, someone here respects a good CRV? I see many trades are taken 5 Pips, BUT in the meanwhile price rushes in opposite direction much more than profit is in the end.
In other news: A ranger was trapped between a bull and a bear
- #1,718
- Mar 8, 2016 9:41am Mar 8, 2016 9:41am
- Joined Jan 2007 | Status: Senior Member | 6,517 Posts
{quote} That's the whole idea. To scalp for 2-5+ pips. If you need more overall pip count, just increase lot size gradually, but still small relative to account size (or trade 15 min and higher).
Right on and thanks for the answer.......And limited exposure to the market reducing exposure to retraces and violent swings....
The longer the trade is open the more we are fighting the MM's aka Big Money....
while our multiple small pip trades are resting safely in the bank.... Keep It Simple
- #1,719
- Mar 8, 2016 9:54am Mar 8, 2016 9:54am
- Joined Dec 2015 | Status: Trader | 2,586 Posts
Perfection is the enemy of good enough!
- #1,720
- Mar 8, 2016 10:03am Mar 8, 2016 10:03am
- Joined Jan 2007 | Status: Senior Member | 6,517 Posts
PVSRA Scalpers,
A little heads up regarding the Daily Open Line indicator;
For those not using the DO line you might want to throw it on your charts and watch how PA during a trading session will move away from this line and return and often hang around that area. I use it pretty much the same as a key level for S & R and will not normally enter a trade if PA is approaching unless volume and momentum is extreme.....
I hope this will be of help....
A little heads up regarding the Daily Open Line indicator;
For those not using the DO line you might want to throw it on your charts and watch how PA during a trading session will move away from this line and return and often hang around that area. I use it pretty much the same as a key level for S & R and will not normally enter a trade if PA is approaching unless volume and momentum is extreme.....
I hope this will be of help....
Keep It Simple