AU M1 scalp +6 with reduced lots due to session and Easter. Explanation on chart and forgot to note on chart that PA is coming from Demand area...{image}
Your on fire Cigarguy...I hope I can trade like you when I grow up...lol
PVSRA Scalping with Cigarguy
- #2,261
- Edited 9:42pm Mar 27, 2016 9:04pm | Edited 9:42pm
- Joined May 2007 | Status: Ozziedave | 1,344 Posts
- #2,262
- Mar 27, 2016 9:43pm Mar 27, 2016 9:43pm
- Joined Jan 2007 | Status: Senior Member | 6,517 Posts
{quote} Your on fire cigarguy...I hope I can trade like you when I grow up...lol
The Easter Bunny has been pretty helpful hiding the pips where they can be found easily to fill my basket.........
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- #2,264
- Mar 27, 2016 11:10pm Mar 27, 2016 11:10pm
- Joined Jan 2007 | Status: Senior Member | 6,517 Posts
Hi CG, good to see you printing pips already! The Asian Meister. Ozziedave has joined you too. I am just waiting for LO, although I see entire Europe is on holiday (bankwise). We might have to wait till NY for some action. Deep and insightful post earlier about the 5 pip TP. Just like candles have patterns, forum threads also have "patterns". It wont be the last time you will be asked about the +/-5 TP from what I have seen in the past. You might want to consider linking that response to your first post. It probably took awhile to put all that in...
Excellent idea thanks much..........it's now linked from Post #1.....
Keep It Simple
- #2,266
- Mar 28, 2016 5:11am Mar 28, 2016 5:11am
- Joined Jan 2007 | Status: Senior Member | 6,517 Posts
the market is very slow -_______________-
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- #2,267
- Mar 28, 2016 5:34am Mar 28, 2016 5:34am
- Joined Jan 2007 | Status: Senior Member | 6,517 Posts
Keep It Simple
- #2,269
- Mar 28, 2016 6:30am Mar 28, 2016 6:30am
- Joined Jan 2007 | Status: Senior Member | 6,517 Posts
]AU +5, I entered on the break of the purple line(post news) which was the high for the day. Based on the CSM AUD VS USD was good too. {image}
Nice, you got it.....purple line = short term resistance, PA above 50 and 200 EMA's all headed up. You relaxed and didn't chase the trade and let it come to you...........
Keep It Simple
- #2,271
- Mar 28, 2016 6:40am Mar 28, 2016 6:40am
- Joined Jan 2007 | Status: Senior Member | 6,517 Posts
Fee-fi-fo.... finally we had a go! NY gave up a little FIFO EU trade for +6 {image}
Yes, just watch and stalk and let it come to you as you did.....
Keep It Simple
- #2,272
- Mar 28, 2016 6:46am Mar 28, 2016 6:46am
{quote} digiff, Yes, just watch and stalk and let it come to you as you did.....
In other news: A ranger was trapped between a bull and a bear
- #2,273
- Mar 28, 2016 6:55am Mar 28, 2016 6:55am
- Joined Jan 2007 | Status: Senior Member | 6,517 Posts
{quote} Almost gave up on trading today. The news helped jump start some movement.
The MM's & Big money knew right where they want price to go and waited for the news as their catalyst to make their move.....ie., UJ, MM's were ranging PA just above the half number building shorts waiting to make their move...that is why learning PVSRA and understanding what the Big money may do, can give us an edge and run with them......the next best option would be to have a direct lines to their trading rooms......
Keep It Simple
- #2,274
- Mar 28, 2016 7:01am Mar 28, 2016 7:01am
{quote} thedrrew, Nice, you got it.....purple line = short term resistance, PA above 50 and 200 EMA's all headed up. You relaxed and didn't chase the trade and let it come to you...........
AU M1 +5 take 2, All headed up and AUD strength VS USD. I took it at the break of last high and break of half level. That's it for me for today. have a good one guys!
edit: forgot the screenshot
- #2,275
- Mar 28, 2016 7:02am Mar 28, 2016 7:02am
- Joined Jan 2007 | Status: Senior Member | 6,517 Posts
{quote}
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- #2,276
- Mar 28, 2016 7:51am Mar 28, 2016 7:51am
- Joined Jan 2007 | Status: Senior Member | 6,517 Posts
EU M1 FIFO scalp +59 (avg. +3.9 with 15 lots) See chart for explanation. Why FIFO? See red candle right at close....
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- #2,277
- Mar 28, 2016 8:05am Mar 28, 2016 8:05am
- Joined Jan 2007 | Status: Senior Member | 6,517 Posts
EU FIFO scalp +16 (avg. +3.2 closed as PA stalled) See chart....
I'm watching like a hawk and PA is stalling quickly after a nice run making it difficult to scalp our usual 5 pips....I think MM's are playing with our minds..
I'm watching like a hawk and PA is stalling quickly after a nice run making it difficult to scalp our usual 5 pips....I think MM's are playing with our minds..
Keep It Simple
- #2,278
- Mar 28, 2016 8:49am Mar 28, 2016 8:49am
- Joined Jan 2007 | Status: Senior Member | 6,517 Posts
rajib217,
Check you PM's please....
Check you PM's please....
Keep It Simple
- #2,280
- Mar 28, 2016 9:57am Mar 28, 2016 9:57am
- Joined Jan 2007 | Status: Senior Member | 6,517 Posts
EU M1 Scalp +2 and only posting to illustrate trade appears to have good volume but no momentum follow through so be prepared to close quickly at BE or small profit as we have an excellent edge with PVSRA but we cannot know where price will go.
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