PVSRA Scalping with Cigarguy

Quoting RaverStyleTim2

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{quote} who else does cent accounts?? i know of liteforex whom i use.

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Quoting widyantoro

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{quote} yes you're right, I sue 500 leverage, but not in one time deposit. I deposit hundred dollar and lose, so accumulation till thousand dollar. this evening try to make open position, ut still feel fear and paranoid. I just close position with minus $0.5, this is tight stop loss. because my equity just last 16%. so I want to recover my DD. trad with 0.01 lot and cent profit. at the other side my EA (cent account) still work. just make a $7 - $10 a day. be grateful. and just wishes greedy not coming when the account is grew up. I want to discipline...

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Quoting digiff

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{quote} I think most traders have been there. We all had those paranoid moments in the beginning. I can safely say that the primary reason is - GREED - in most cases. In other words, misuse of leverage. You lost thousands because you were trying to make hundreds and with no SL. The paranoid feeling usually goes away after awhile. It goes away faster when you make a few positive trades, no matter the profit. It really boosts your confidence. You can learn PVSRA and post your winners/losers here or if you trade a different system, you can start a...

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Quoting ozziedave

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Just so you know that we all miscalculate a trade at times. Here is an EURUSD short trade where I entered too soon as I thought the 123 pullback had completed as price retrace to the dragon and was rejected. I hung in there as price was going higher the volume bars were getting weaker. I wouldn't recommend that newbies try to trade this way. {image}

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Quoting Sniper1310

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2 trades on AU 1.) + 4.0 pips 2.) + 2.9 pips {image} {image}

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Quoting cigarguy

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{quote} Sniper1310, Great trades and explanations and I just noticed you were my first subscriber on January 21, 2016, and how quickly you excelled at PVSRA scalping.. OMG, your killing it and how about leaving a few pips for others......

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Quoting Sniper1310

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{quote} As already told: Scalping using PVSRA makes a lot of sense to me and learning the basics from the original PVSRA thread is worth the time. I couldnt make sense of trading with PVSRA on the higher TFs because I am getting real nervous if a position that once went in my favor suddenly turns (due to MM manipulation) and turning red before it returns on its way. There were also so many conflicting clues. So stumbling upon your thread was the best that could have happened to me. By learning from your and other senior trader trades and then trying...

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Furthermore I really appreciate the atmosphere here in this thread. Everybody is here to help

Quoting robmagario

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USDCAD 1M +5 PIPS Reasons for entering BULLISH - Got a huge green candlestick on volume - Entered just when PA broke the red trend line that I drew - Currency Strength was against this since USD was 4.6 and CAD was 5.1, but I decided to ignore it it looked to me that the previous BEARISH move was actually done, and we were entering in a new trend, which was going to be BULLISH. - Dragon at that moment had just started to turn bullish, so that also confirmed the bullish trend. {image}

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Quoting cigarguy

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{quote} robmagario, Nice trade and explanation.. I notice that you mention the CSM quite often in your explanations. Just to clarify, the CSM is not to be used for entries and exits only as a heads up as to currency strengths of pairs that require further PVSRA confirmation prior to entry. Of course, you can use any tool any way that you wish, but I want to be clear as to its main use as I posted earlier when I uploaded for all to understand it's limitations....... Many of my successful trades have been completely adverse to the CSM...

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