PVSRA Scalping with Cigarguy | Page 117 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

PVSRA (Price, Volume, S&R Analysis) 8,492 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

  • #2,321
  • Mar 29, 2016 5:16pm Mar 29, 2016 5:16pm
​AU FIFO +3. I was looking for a break of yesterday's high. Good thing I am scalping FIFO as the market turned right after my TP was hit
Attached Image (click to enlarge)
Click to Enlarge Name: AUDUSD+M1_3.png Size: 76 KB
  • #2,322
  • Edited 6:44pm Mar 29, 2016 6:30pm | Edited 6:44pm
Quoting thedrrew
​AU FIFO +3. I was looking for a break of yesterday's high. Good thing I am scalping FIFO as the market turned right after my TP was hit {image}
thedrrew,

That happens often to me as well. I'll hit my 5 +/- and zap, PA will run right against me especially during the Asian retrace session. That is why, long ago after watching PA for lots of hours, I decided to target a small 5 and increase or decrease my lots depending on my feeling for the current momentum and current PVSRA consideration and I can see that you are getting the feel for that now by observing your trades........

This is the type of PA where you want to observe the higher TF's as you can get trapped and too risky and there is no trade there for me and good thing you had a fast exit trigger finger....
Attached Image (click to enlarge)
Click to Enlarge Name: Snapshot2016-03-29_18-42-33_AUDUSDi_b_M5.png Size: 52 KB
Keep It Simple
  • #2,323
  • Mar 29, 2016 6:45pm Mar 29, 2016 6:45pm
Quoting cigarguy
{quote} thedrrew, That happens often to me as well. I'll hit my 5 +/- and zap, PA will run right against me especially during the Asian retrace session. That is why, long ago after watching PA for lots of hours, I decided to target a small 5 and increase or decrease my lots depending on my feeling for the current momentum and current PVSRA consideration and I can see that you are getting the feel for that now by observing your trades........
My problem however is to stop the losers fast... Closing fast when it's in profit(when the market is stalling or when the target is hit) is not so hard for me. But when I take one and it reverse right away I am having a hard time to close it fast. I still have the "it will turn... let's wait a little more" problem.
  • #2,324
  • Mar 29, 2016 6:49pm Mar 29, 2016 6:49pm
Quoting thedrrew
{quote} My problem however is to stop the losers fast... Closing fast when it's in profit(when the market is stalling or when the target is hit) is not so hard for me. But when I take one and it reverse right away I am having a hard time to close it fast. I still have the "it will turn... let's wait a little more" problem.

Believe me I know as most fight that issue as I have and still do. The biggest issue that I have fought for years is over trading. When you watch charts for hours, you start to see trades that are not there. I think one of the most difficult issues for traders to over come is to have the patience to wait for the high probability PVSRA set ups and don't chase the trades but lit them come to you......it's all a work in progress.

I do see your improving with every trade based on your posts....
Keep It Simple
  • #2,325
  • Mar 29, 2016 6:59pm Mar 29, 2016 6:59pm
Quoting cigarguy
{quote} Believe me I know as most fight that issue as I have and still do. The biggest issue that I have fought for years is over trading. When you watch charts for hours, you start to see trades that are not there. I think one of the most difficult issues for traders to over come is to have the patience to wait for the high probability PVSRA set ups and don't chase the trades but lit them come to you......it's all a work in progress. I do see your improving with every trade based on your posts....
Thanks for the support Cigarguy
  • #2,326
  • Mar 29, 2016 7:02pm Mar 29, 2016 7:02pm
Quoting thedrrew
{quote} Thanks for the support Cigarguy
NP, and one more thing you may watch for. I see you have the DO line so keep an eye on PA because often during a Session PA will of course move away from the DO but often return to re-test as support or resistance during that Session......
Attached Image (click to enlarge)
Click to Enlarge Name: ScreenHunter_362 Mar. 29 19.10.jpg Size: 43 KB
Keep It Simple
  • #2,327
  • Mar 30, 2016 1:42am Mar 30, 2016 1:42am
5 trades on GU
1.) + 5.3 pips
2.) + 4.0 pips
3.) + 4.0 pips
4.) + 10.0 pips
5.) + 2.8 pips
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 2016-03-30_08-10-59_GBPUSD_a_M1.png Size: 94 KB
Click to Enlarge Name: 2016-03-30_08-32-27_GBPUSD_a_M1.png Size: 90 KB
Click to Enlarge Name: 2016-03-30_08-44-34_GBPUSD_a_M1.png Size: 80 KB
Click to Enlarge Name: 2016-03-30_09-01-58_GBPUSD_a_M1.png Size: 79 KB
Click to Enlarge Name: 2016-03-30_09-05-44_GBPUSD_a_M1.png Size: 89 KB
  • #2,328
  • Mar 30, 2016 1:44am Mar 30, 2016 1:44am
3 trades on UJ
1.) + 4.0 pips
2.) + 3.4 pips
3.) + 4.0 pips
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 2016-03-30_09-05-50_USDJPY_a_M1.png Size: 96 KB
Click to Enlarge Name: 2016-03-30_09-29-23_USDJPY_a_M1.png Size: 85 KB
Click to Enlarge Name: 2016-03-30_10-19-31_USDJPY_a_M1.png Size: 88 KB
  • #2,329
  • Mar 30, 2016 1:45am Mar 30, 2016 1:45am
2 trades on NU - 2 x 4.0 pips
Attached Image (click to enlarge)
Click to Enlarge Name: 2016-03-30_09-21-30_NZDUSD_a_M1.png Size: 79 KB
  • #2,330
  • Mar 30, 2016 1:52am Mar 30, 2016 1:52am
usd cad 5 pips

price break the line > open long

Attached Image (click to enlarge)
Click to Enlarge Name: usdcad-m1-international-capital-markets-3.png Size: 70 KB
  • #2,331
  • Mar 30, 2016 3:55am Mar 30, 2016 3:55am
5 pip from GU :3

price break the ema and all Can watch green > long



Attached Image (click to enlarge)
Click to Enlarge Name: 11111111111111111.png Size: 77 KB
  • #2,332
  • Mar 30, 2016 5:10am Mar 30, 2016 5:10am
Quoting Sniper1310
3 trades on UJ 1.) + 4.0 pips 2.) + 3.4 pips 3.) + 4.0 pips {image} {image} {image}
Sniper1310

Wow.........you really are snipping those pips and they don' see you coming with those excellent entries and I think you should be giving a class on stalking for and identifying PVSRA set ups........... Great Job!
Keep It Simple
  • #2,333
  • Mar 30, 2016 5:25am Mar 30, 2016 5:25am
Quoting cigarguy
{quote} NP, and one more thing you may watch for. I see you have the DO line so keep an eye on PA because often during a Session PA will of course move away from the DO but often return to re-test as support or resistance during that Session...... {image}
​I think for now I'll just forget the Asia session. Those retraces are evil !

EU M5 FIFO +6.6 Took the trade post news and targeted the last high.
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD+M5.png Size: 66 KB
  • #2,334
  • Mar 30, 2016 5:31am Mar 30, 2016 5:31am
Quoting thedrrew
{quote} ​I think for now I'll just forget the Asia session. Those retraces are evil ! EU M5 FIFO +6.6 Took the trade post news and targeted the last high. {image}
I agree as those retraces will take all of the hard earned LO and NY pips as the MM's are playing among themselves ......
Keep It Simple
  • #2,335
  • Mar 30, 2016 5:33am Mar 30, 2016 5:33am
EU M1 Post News trade +23 See chart and closed as PA stalled running out of momentum and will stalk for re-entry.......
Attached Image (click to enlarge)
Click to Enlarge Name: Snapshot2016-03-30_05-31-07_EURUSDi_a_M1.png Size: 61 KB
Keep It Simple
  • #2,336
  • Mar 30, 2016 5:46am Mar 30, 2016 5:46am
i'm enjoying this fantastic scalping method too... Thank you CG and PVSRA guys
I made some pips on EU (+4.6) but the most important thing is that i'm understanding PVSRA dynamics, i see the light
some comments on chart
Attached Image (click to enlarge)
Click to Enlarge Name: 1.png Size: 67 KB
Ciao. Luca
  • #2,337
  • Mar 30, 2016 6:28am Mar 30, 2016 6:28am
​EU M1 FIFO +2.7 Price bounce from the 200EMA and looked to me like it was going to break with some momentum. That's it for me for this week. I'll be back on Monday.

Many green pips to all!
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD+M5_2.png Size: 78 KB
  • #2,338
  • Mar 30, 2016 6:52am Mar 30, 2016 6:52am
Quoting Lio46
i'm enjoying this fantastic scalping method too... Thank you CG and PVSRA guys I made some pips on EU (+4.6) but the most important thing is that i'm understanding PVSRA dynamics, i see the light some comments on chart {image}
Lio46,

Good to see that you have done your home work and able to recognize PVSRA entries. You did good with those trades, but be careful with those Risky News Trades as they can be dangerous whip sawing PA .........
Keep It Simple
  • #2,339
  • Mar 30, 2016 6:54am Mar 30, 2016 6:54am
Quoting thedrrew
​EU M1 FIFO +2.7 Price bounce from the 200EMA and looked to me like it was going to break with some momentum. That's it for me for this week. I'll be back on Monday. Many green pips to all! {image}
thedrrew,

Green pips banked....See you Monday we'll save some for you......
Keep It Simple
  • #2,340
  • Mar 30, 2016 7:14am Mar 30, 2016 7:14am
EU M1 FIFO scalp +245 (avg. +4.9 increased lot size to 50 with the strong EUR)....See Chart.....

Hope others caught this EUR strength today and rode the shirt tails of the Market Makers...as a nice little ATM.....
Attached Image (click to enlarge)
Click to Enlarge Name: Snapshot2016-03-30_07-12-37_EURUSDi_a_M1.png Size: 63 KB
Keep It Simple
9 traders viewing now