PVSRA Scalping with Cigarguy

saiffx,

Nice trade and your presence here has been missed. Perfect example for those who want more then 5 pips while PVSRA scalping............

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Trading Asian hours today. Two trades.

Reasons for opening the first trade.
- there was a retracement of the previous leg in red followed by a 100% Fib extension, so I thought it was time to go bearish.
- so I sold it, but after a while it reached 61.8% and it seemed to me it was not going anywhere so I closed it. Made my 0.1 PIP profit.

Later it became clear that I should have stayed in the trade actually, since it started to go down.

Reasons for the second trade.
- It broke Dragon downwards so I thought that was the right time, I sold it.
- Got a red candle and compared with 5M and saw that it had moved downwards enough, so there might be a retracement coming, so I closed it.
- Made my 2 PIPS. Not bad for Asian hours.

FIFO Short EA +9

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FIFO Short EY +5
Edit: Should be break of qtr lvl, not half

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FIFO Short GY +4

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Nice trade!

I was waiting for the same but missed it.

Thanks. Turned out to be a bigger move, but that's forex. We can never predict for sure, just react.

Agree!

Hello everyone!

I am still around, been checking in on everyone's trades and studying your charts a lot! The explanations are very helpful.

had a few bad trades, but after going back and really thinking about PVSRA I can clearly see now they were all my mistakes. The biggest lesson I have learnt is to wait for the high probability chances to come to me, not chase after them. My losses came from my impatience.

Here are two very fast trades from tonight on EU.

First was a +4, second was a +5.

Keep up the great work everyone.

​EU FIFO(10 seconds in) +5. The CSM was good EUR VS USD. Break of the daily open. Good angle on the 50 EMA. Have a green day guys!

Glad you find them helpful. I look forward to learning from your charts as well. That's the advantage of group trading. Also, another thing that helps is asking yourself before taking a trade "Is this trade post-worthy in CG's thread?". It helps me personally. Most of the time you will find that you will be taking hi prob trades, which will either give you profit or you will exit at break even.. worst case, you will have a small loss. Dont be in a trade when it longer makes sense.

FIFO Long EA +5

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FIFO Long EU +5

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Been away for a few days but here is an EURUSD short trade for a plus 6 pips. Push trough the dragon with high volume candle and retest dragon.

GBPJPY long fifo trade closed.

Welcome back ozziedave nice trade and explanation thank you for your experienced contributions and Bsan 89 good to see you posting

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saiffx, thedrrew and digiff, not much to say excellent as always

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We have some great core PVSRA scalpers here providing for new aspiring scalpers to study and lean PVSRA scalping from the many posted great charts and explanations......Thanks to ALL for your continuing contributions to our PVSRA scalping text book.....

Here is an short AUDUSD trade for 3.2 pips. Looks like my entry was a bit too soon and I missed the real party short.

Close butt no Cigar......lol.....of course hindsight/after the fact is always 20/20.....

AU M1 FIFO scalp +9 (avg. +4.6) See chart...I wasn't around for those previous nice big down moves.

Made 14 PIPS

Reasons for entering bearish
- overall trend was bearish on other time frames, M5, M15, M30, H1.
- Dragon was going down.
- The 2 previous candlesticks had failed to break dragon upwards, and then a red candlestick just broke dragon downwards, that's exactly when I entered.

Then to my surprised another red candlestick came, wow, this was a really good move!

Reason for closing
- It kinda touched RDL but it started to do up again, so I felt a bit loss of confidence and closed it.

Two trades back to back on GY. First CT FIFO +7. Second with trend +9

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