PVSRA Scalping with Cigarguy

Today only AU and NU - so lets start
4 trades on AU
1.) + 4.6 pips
2.) + 4.0 pips
3.) + 4.0 pips
4.) + 4.0 pips

3 trades on NU - all for + 4.0 pips

Done for today - see you next week after Easter!

FIFO Short EY +5

Attached Image (click to enlarge)

Sniper1310 and digiff,

As always, you guys are killing it.....

Mongol,

Your entries are a little late but getting better just continue your getting there at least no losses for capital preservation........

UJ M5 FIFO scalp +7 entered short from retrace to dragon as short term resistance and break of half number with no follow through bullish volume.

UJ M5, FIFO scalp +6, See chart... don't forget to look left for support/resistance.......

http://www.forexfactory.com/midox/48

my trade from demo account
just opened today

Midox,

Can you please post your chart for all to see.......

here it is

but is demo not real and i added to the chart the ichimoku kinko hyo indicator cause it helps me alot

the trades got much time to get the profit cause the price got down and i had to wait till it gets to my 5 pip

Midox,

Whatever works for you but all you need is PVSRA. I have traded ichimoku a long time ago and found that it is useful in the longer t/f's H1 and above...

thx 4 the advice i still learning :3

Midox,

Exactly and most new traders, feeling insecure, think they need lots of lagging indicators to help make trading decisions. I know because I have been there and done that years ago. Once you learn how the market really works by understanding PVSRA and trade with the big money momentum, you could trade with mostly a bare chart with nothing but PA and volume. Just trying to give you some advice based on experience......Good Luck and Many Green Pips.....

EU M15 +35 (avg. +3.5) See chart as DO target was near I increased my lot size to 10 considering smaller pips t/p.....

good job

keeper goin greeeeeeeen

EU M5 +4 See chart as I thought might be some momentum follow through on break of DO with bullish candle and volume but was not to happen so closed quickly as PA stalled....as each trade offers a learning experience....

Midox,

Thanks, I try....

hi guys
i'm appasionate at PVSRA and i'm studing also the system
A question for Cigarguy...wich is your indicator that show the currency power?
thanks

CM strength indicator in the above paper clip .

Hi Saiffx,

I got almost the exact entry and exit points too!

I am not a scalping guy and I read the regular pvsra thread quite often and there is another experienced trader posting in that thread and our pvsra trading style is very similar. A few traders in my prop shop trade in similar PVSRA style too and quite often our entry and exit points are very similar, sometimes just 1 - 2 pips off. I don't scalp and so I didn't read this scalping thread until recently and I've read it from the 1st page to the latest page and it's interesting. Sometimes I just tried a few scalping trades for some fun and perhaps now I will incorporate scalping into my trading style too.



I have to say that this PVSRA method might be difficult to master at the beginning but once you grasp the core it's not that difficult, as witnessed by traders able to use this method to generate similar entries and exits. But the problem I foresee is that as more and more traders utilise a similar trading concept, it will generate more similar entry and exit points among traders and it might not be a good thing overall.

I think new traders learning this method need to be aware of this. As with any edges in financial market, as more and more traders pick up the method and get proficient in it, the edge will deteriorate over time.

Hi fellow PVSRA traders
(Cigarguy, Crameka, Saiffx, Sniper1310, Digiff, etc etc),

Reading through the whole thread, as mentioned in my post above I've seen quite a number of posts are about pvsra traders having same entry/exit points without pre-communicating with each other in advance, like the post above. So, in the long term I believe regardless of whether you are an experienced or pvsra trader, we have to be aware of the deterioration of the method as more and more traders are sharing similar entry and exit points and utlising the same trading concept/method.

And edges are extremely hard to come by nowadays!