Good Morning All....See some nice pips were made....
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PVSRA Scalping with Cigarguy
- #2,361
- Mar 31, 2016 7:32am Mar 31, 2016 7:32am
- Joined Jan 2007 | Status: Senior Member | 6,517 Posts
- #2,363
- Mar 31, 2016 8:23am Mar 31, 2016 8:23am
- Joined Jan 2007 | Status: Senior Member | 6,517 Posts
{quote} Morning CG, usdjpy + 8.2 for 15.6 total {image}
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- #2,364
- Edited 9:33am Mar 31, 2016 9:09am | Edited 9:33am
- Joined Jan 2007 | Status: Senior Member | 6,517 Posts
EU M1 FIFO scalp +64 (avg. +3.2) Didn't get my 5 as closed as PA stalled see chart as a nice little winner would have been a loser. Following squiggly lines and lagging indicators will not provide the trader with information as to the MM's possible intentions as understanding PVSRA. Once we do our analysis, we stalk and wait for them to make their move and then trade with them and enjoy the ride, hopefully a nice profitable ride........We can't fight the MM's and Banks, 
so we grab their shirt tails and trade with them.......
Typo on chart = Quick pips
so we grab their shirt tails and trade with them.......Typo on chart = Quick pips
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- #2,366
- Mar 31, 2016 9:54am Mar 31, 2016 9:54am
- Joined Jan 2007 | Status: Senior Member | 6,517 Posts
EU M1 FIFO scalp +66 (avg. +3.3) See chart as waited for break of RWH as possible resistance appears CT M1 but retrace on M5 that's why we should consult M5 or M15 and then enter on M1 if PVSRA conditions are met........
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- #2,367
- Mar 31, 2016 9:56am Mar 31, 2016 9:56am
- Joined Jan 2007 | Status: Senior Member | 6,517 Posts
Morning CG, you make scalping look too easy... great trades as always
digiff,
You are doing good yourself.....
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- #2,368
- Mar 31, 2016 5:49pm Mar 31, 2016 5:49pm
- Joined Jan 2007 | Status: Senior Member | 6,517 Posts
EU short +26 (avg. +1.3 20 lots) Entered this AM just been ranging and going nowhere for now, got bored with this trade and finally closed with small pips .
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- #2,369
- Mar 31, 2016 9:52pm Mar 31, 2016 9:52pm
- Joined Mar 2016 | Status: Senior member | 1,279 Posts
Some more iphone trading. Now that I'm home and look at it, definitely not pretty. Maybe I should stop trying to trade while at work. All I see from the phone is the 200ma and a couple other ones so I was trying to play the bounce for a move down. Looking at it now, I see that I entered all 3 trades above the dragon. Worked out ok. +4.5 average for 17.9. Do not like holding trades that long either so I need to just focus on trading at home and get familiar with 1min tf so I can be FIFO!!!!
- #2,375
- Apr 1, 2016 5:55am Apr 1, 2016 5:55am
- Joined Jan 2007 | Status: Senior Member | 6,517 Posts
Some more iphone trading. Now that I'm home and look at it, definitely not pretty. Maybe I should stop trying to trade while at work. All I see from the phone is the 200ma and a couple other ones so I was trying to play the bounce for a move down. Looking at it now, I see that I entered all 3 trades above the dragon. Worked out ok. +4.5 average for 17.9. Do not like holding trades that long either so I need to just focus on trading at home and get familiar with 1min tf so I can be FIFO!!!!
Yes it's a little difficult trading without our PVSRA charts for confirmations.....but your not losing pips anyway.....
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- #2,376
- Apr 1, 2016 6:06am Apr 1, 2016 6:06am
- Joined Jan 2007 | Status: Senior Member | 6,517 Posts
Trading Asian hours since I live in Asia. :-) Reasons for entering: - Price goes down, touches dragon, but doesn't break it. - Trend is moving up on M1, M5 and M15 - Volume shows two candles (red then pink) Reason for exiting: - Dragon was initially showing a diagonal move upwards, but after a while it was more like a horizontal line. I existed this just in time because after that it started to do a correction. {image}
That's the problem I have with the Asia Session as you did above, so many retraces but it worked for you....
Again, it would be more helpful if you take a screenshot so all could view your complete template with the Trade Levels indicator as all our posting charts with as much information as possible to help new traders.....
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- #2,378
- Apr 1, 2016 6:10am Apr 1, 2016 6:10am
- Joined Jan 2007 | Status: Senior Member | 6,517 Posts
Vape and Sniper1310, you guys are relentless as usual.
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- #2,379
- Apr 1, 2016 6:13am Apr 1, 2016 6:13am
- Joined Jan 2007 | Status: Senior Member | 6,517 Posts
AU M1 +2.8pips. Explaination on chart. {image}
Beautiful text book entry, pullback to resistance, all ema's headed down, break of last low with notable volume.....
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- #2,380
- Apr 1, 2016 6:23am Apr 1, 2016 6:23am
- Joined Jan 2007 | Status: Senior Member | 6,517 Posts
Good example of PA respecting S & R at the whole number for those new to PVSRA scalping.....
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