PVSRA Scalping with Cigarguy | Page 151 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

PVSRA (Price, Volume, S&R Analysis) 8,488 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

  • #3,001
  • Jul 18, 2016 10:16am Jul 18, 2016 10:16am
EU M5 Scalp +9 (avg. +4.3 @ 2 lots) Explanation on chart and should have had a bit more patience with this one as did hit target after close. I like around +20 for a day, so my +19 probably good enough for now especially on a Monday.......
Attached Image (click to enlarge)
Click to Enlarge Name: Snapshot2016-07-18_08-17-13_EURUSDi_b_M5.png Size: 67 KB
Keep It Simple
  • #3,002
  • Edited 1:47am Jul 19, 2016 1:35am | Edited 1:47am
All the trades for today :

Attached Image (click to enlarge)
Click to Enlarge Name: scalp1.png Size: 165 KB


USD/JPY +10

 

  1. Against daily resistance, so go down to the lower TF for scalps.
  2. Broke the quarter-level, Retest of dragon with rejection.
  3. Entering after that big bearish volume candle would have been best, but +5 anyways.
  4. Some thing for the second, retest of dragon and previous S/R so shorted after the high volume candle.

Attached Image (click to enlarge)
Click to Enlarge Name: scalp2.png Size: 161 KB


EURJPY +5

  1. Same thing, daily resistance and afer the price started going south decided to short.
  2. Would have been better to wait for a retest of S/R or dragon with volume, but i was pretty sure about the bearish move.
  3. My initial target was the half-level a bit lower, but because of the resistance on the left i decided to play it safe, better safe than sorry.

Attached Image (click to enlarge)
Click to Enlarge Name: scalp3.png Size: 162 KB


NZD/USD +3

 

  1. Price was ranging near a 4hr S/R, so went to look for possible setups.
  2. Broke the dragon on the upside, and entered on the retest.
  3. Not good,price was heavily bearish on every other TF, entered wayyyy too early against the trend, price went to the upper channel real quick and i kinda regret taking that trade so i took my +3 and ran away.


Attached Image (click to enlarge)
Click to Enlarge Name: scalp4.png Size: 171 KB


Gold/USD + 5

 

  1. Pretty easy, started a downard move so looked for bearish opportunities.
  2. Retest of dragon and 1328 with high-volume, shorted for a quick +5.
  3. Only trade that i timed well lmao, all the rest were too early, i liked this one simple and quick.

  • #3,003
  • Jul 19, 2016 3:39am Jul 19, 2016 3:39am
Gold M1.. entered on high bullish volume rising price at half number.. these long and high volume bars are often reversing signals.

Attached Image (click to enlarge)
Click to Enlarge Name: XAUUSDM1.png Size: 39 KB
  • #3,004
  • Jul 19, 2016 3:47am Jul 19, 2016 3:47am
GJ M1.. cross of the dragon with high volume..

Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPYM1.png Size: 42 KB
  • #3,005
  • Edited 9:15am Jul 19, 2016 9:02am | Edited 9:15am
Quoting chhico
GJ M1.. cross of the dragon with high volume.. {image}
chhico and Stellan,

Nice trades and explanations...
Keep It Simple
  • #3,006
  • Jul 19, 2016 9:19am Jul 19, 2016 9:19am
chhico,

Your the first to post Gold trades here surely this will help others considering our PVSRA system trading Gold as well...
Keep It Simple
  • #3,007
  • Jul 19, 2016 10:10am Jul 19, 2016 10:10am
USDJPY 1M +5.2PIPS

Reasons for entering long
- Dragon moving up (although I didn't like the inclination much)
- Strong USD, weak JPY
- PA trading above 50EMA
- PA was bullish on other time frames 5M and 15M
- Entered on a high volume green candlestick
Attached Image (click to enlarge)
Click to Enlarge Name: usdjpy-m1-forex-capital-markets.png Size: 44 KB
  • #3,008
  • Jul 19, 2016 10:12am Jul 19, 2016 10:12am
Quoting robmagario
USDJPY 1M +5.2PIPS Reasons for entering long - Dragon moving up (although I didn't like the inclination much) - Strong USD, weak JPY - PA trading above 50EMA - PA was bullish on other time frames 5M and 15M - Entered on a high volume green candlestick {image}
As usual.
Keep It Simple
  • #3,009
  • Jul 19, 2016 10:27am Jul 19, 2016 10:27am
EU FIFO scalp +19 (avg. +6.3 @ 3 lots) quick little CT scalp from whole number key support with bullish volume....
Attached Image (click to enlarge)
Click to Enlarge Name: Snapshot2016-07-19_08-30-15_EURUSDi_a_M1.png Size: 52 KB
Keep It Simple
  • #3,010
  • Jul 19, 2016 10:29am Jul 19, 2016 10:29am
thank you cigarguy I trade these instruments: EURUSD GBPUSD EURGBP USDCAD AUDUSD NZDUSD USDJPY EURJPY AUDJPY GBPJPY GOLD..
I like very much pairs that include JPY.. they have very fast moves..
My last two trades of the day

EJ M1 entered short after huge bullish bar and retrace into the dragon

Attached Image (click to enlarge)
Click to Enlarge Name: EURJPYM1.png Size: 42 KB


GOLD M1 tons of volume on the bottom suggests price is ready to go up

Attached Image (click to enlarge)
Click to Enlarge Name: XAUUSDM1.png Size: 41 KB
  • #3,011
  • Jul 19, 2016 10:31am Jul 19, 2016 10:31am
Quoting chhico
thank you cigarguy I trade these instruments: EURUSD GBPUSD EURGBP USDCAD AUDUSD NZDUSD USDJPY EURJPY AUDJPY GBPJPY GOLD.. I like very much pairs that include JPY.. they have very fast moves.. My last two trades of the day EJ M1 entered short after huge bullish bar and retrace into the dragon {image} GOLD M1 tons of volume on the bottom suggests price is ready to go up {image}
Keep It Simple
  • #3,012
  • Jul 19, 2016 10:48am Jul 19, 2016 10:48am
Just another shot on my today friend

GOLD M1 surfing the dragon

Attached Image (click to enlarge)
Click to Enlarge Name: XAUUSDM1.png Size: 41 KB
  • #3,013
  • Jul 19, 2016 10:50am Jul 19, 2016 10:50am
Quoting chhico
Just another shot on my today friend GOLD M1 surfing the dragon {image}
Nice...I think you will be our GOLD Man.......
Keep It Simple
  • #3,014
  • Jul 19, 2016 10:54am Jul 19, 2016 10:54am
USDJPY 1M +5.4PIPS

Reasons for entering BEARISH
- Dragon was moving down
- PA was trading under 50EMA
- I waited until it tried to do a retracement, then PA failed to break Dragon upwards and price started to move down again
- Entered just on a high volume red candlestick

Reached my target and exited.
Attached Image (click to enlarge)
Click to Enlarge Name: usdjpy-m1-forex-capital-markets.png Size: 44 KB
  • #3,015
  • Jul 19, 2016 10:57am Jul 19, 2016 10:57am
EU M5 FIFO scalp +19 (avg. 6.2 @ 3 lots) Explanation on chart as nothing special with these PVSRA trades as just trading with the MM's/Smart Money's momentum letting them show the way and grabbing their shirt tails for the ride.......
Attached Image (click to enlarge)
Click to Enlarge Name: Snapshot2016-07-19_09-01-08_EURUSDi_b_M5.png Size: 60 KB
Keep It Simple
  • #3,016
  • Jul 19, 2016 11:02am Jul 19, 2016 11:02am
Quoting robmagario
USDJPY 1M +5.4PIPS Reasons for entering BEARISH - Dragon was moving down - PA was trading under 50EMA - I waited until it tried to do a retracement, then PA failed to break Dragon upwards and price started to move down again - Entered just on a high volume red candlestick Reached my target and exited. {image}
Keep It Simple
  • #3,017
  • Jul 19, 2016 11:05am Jul 19, 2016 11:05am
EU gave up +38 pips with 2 trades as probably enough for me this AM unless....???
Keep It Simple
  • #3,018
  • Jul 19, 2016 11:35am Jul 19, 2016 11:35am
EU M5 Scalp +13 (avg. +4.4 @ 3 lots) quick CT scalp from 1.1000 key level support and thought I was finished, oh well I'll take the +51......
Attached Image (click to enlarge)
Click to Enlarge Name: Snapshot2016-07-19_09-39-35_EURUSDi_b_M5.png Size: 55 KB
Keep It Simple
  • #3,019
  • Jul 19, 2016 11:55am Jul 19, 2016 11:55am
USDJPY 1M +6PIPS

Reasons for entering BEARISH on 2 trades
- Dragon was moving down
- PA trading below 50EMA
- Waited for a retracement and I placed the trade on a high volume with a red candlestick
- On the first trade, I thought PA was going nowhere so I closed it and still managed to make a few pipettes. On the second trade, PA started to go against me for a while, but I just decided to wait. Finally, I reached my target and exited.
Attached Image (click to enlarge)
Click to Enlarge Name: usdjpy-m1-forex-capital-markets-2.png Size: 36 KB
  • #3,020
  • Jul 19, 2016 12:04pm Jul 19, 2016 12:04pm
Quoting robmagario
USDJPY 1M +6PIPS Reasons for entering BEARISH on 2 trades - Dragon was moving down - PA trading below 50EMA - Waited for a retracement and I placed the trade on a high volume with a red candlestick - On the first trade, I thought PA was going nowhere so I closed it and still managed to make a few pipettes. On the second trade, PA started to go against me for a while, but I just decided to wait. Finally, I reached my target and exited. {image}
Nice catch...
Keep It Simple
2 traders viewing now