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PVSRA Scalping with Cigarguy

  • #3,301
  • Aug 9, 2016 10:07am Aug 9, 2016 10:07am
Quoting wiseguytrade
Thanks Cigarguy, Mine looks like a clone of yours (almost) ;-) Btw, do you use the 'Upload Screenshot' link right below the Post New Reply dialogue box when you want to include a screenshot of your chart? I have never shown any before and wanted to know for future reference. Thanks again for the feedback, WGT
wiseguytrade,

If your using our OrderOnChart EA, set it up for your path on your computer and it will take a snapshot (that's what I use) or just right click on the chart as shown below.....
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  • #3,302
  • Aug 9, 2016 10:44am Aug 9, 2016 10:44am
Thanks for the instruction, Cigarguy. After a wee bit of figuring out what my Mac (and Wine) does with MT4, as Dr. Henry Higgins said in My Fair Lady, "I think I've got it !!"
Appreciate the help.

WGT
  • #3,303
  • Aug 9, 2016 10:46am Aug 9, 2016 10:46am
Quoting wiseguytrade
Thanks for the instruction, Cigarguy. After a wee bit of figuring out what my Mac (and Wine) does with MT4, as Dr. Henry Higgins said in My Fair Lady, "I think I've got it !!" Appreciate the help. WGT
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  • #3,304
  • Aug 9, 2016 11:16am Aug 9, 2016 11:16am
I have received PM's regarding Brokers which I have refrained from and cannot discuss as I myself am an IB and it is against FF Policy.....

I can only say that each trader should have their account with a ECN Broker offering fair pricing and fast execution as a FIFO Scalper. Each trader must decide for themselves based on their own independent research.
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  • #3,305
  • Edited 11:56am Aug 9, 2016 11:32am | Edited 11:56am
UJ M1 & M5 +20 (avg. +4) Little different post this time showing M1 & M5 desktop on one monitor.........

Notice M1 showing bearish volume close to tick volume chart not shown on higher t/f's....

Some think M1 is too fast as I have scalped Tick Charts and at times M1 is like watching paint dry compared to Ticks.........
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  • #3,306
  • Aug 9, 2016 11:38am Aug 9, 2016 11:38am
Here you are fmaher per your PM and hope this helps offering user inputs.........
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  • #3,307
  • Edited 12:24pm Aug 9, 2016 12:09pm | Edited 12:24pm
UJ M1 +13 (avg. +2.6) Nothing special here just a little FIFO scalp with Smart Money momentum from a little retrace. These occur all day long during every Session.....If a trader scrolls their charts back many can be found offering nice little scalps for quick pips.....Keep in mind the Smart Money traders trade huge lots for ticks, so why not trade with them and their momentum with decent sized lots for small pip scalps......

I think too many traders get caught up into attempting to make mega pips on 1 or 2 trades requiring watching charts for hours. Personally, I chose to make many small scalps with pips banked and the freedom to walk away and relax at any time.......Just My Opinion....Don't tell the Smart Money as they may change their style as they make millions whipping/whacking, ranging and grabbing stops with small tick trades.......

Our goal is to trade like the Smart Money when we grow up......
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  • #3,308
  • Edited 1:11pm Aug 9, 2016 12:51pm | Edited 1:11pm
There have been many revisions to our PVSRA template by TAH through time that can be found at the original PVSRA thread as posted at Post #1;

All New Traders;


Please Start at Post #1 before asking questions as so much is redundant and has already has been addressed at Post #1 or throughout this thread!

Excerpt from Post #1;

New traders will be directed to the original PVSRA thread to download the required templates and indicators and for study of already posted charts and PDF's; PVSRA Post #1 :

http://www.forexfactory.com/showthread.php?t=540706
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  • #3,309
  • Edited 1:15pm Aug 9, 2016 1:03pm | Edited 1:15pm
UJ M1 +22 (avg. +2.2 @ 10 lots) Explanation on chart....Trade What You See Not What You Think.....

UJ has offered up some nice scalps today so time for a rest, +91...

Stay GREEN My Friends!
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  • #3,310
  • Aug 9, 2016 1:17pm Aug 9, 2016 1:17pm
I think I will re-arrange my trading station......Just a bit of a stress reliever as we must have fun......

(no pun at homeless intended as just being silly)
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  • #3,311
  • Aug 9, 2016 1:51pm Aug 9, 2016 1:51pm
Quoting cigarguy
I think I will re-arrange my trading station......Just a bit of a stress reliever as we must have fun...... (no pun at homeless intended as just being silly) {image}
I thought THAT was your desk
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  • #3,312
  • Edited 8:30pm Aug 9, 2016 3:56pm | Edited 8:30pm
Quoting thedrrew
{quote} I thought THAT was your desk {image}

Thanks thedrrew.......Yes for sure, I like this one much better with a nice Romeo Y Julieta cigar as shown..........
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  • #3,313
  • Aug 9, 2016 8:25pm Aug 9, 2016 8:25pm
Quoting robmagario
{quote} Yes, family and work stuff should always come first! But it is great to have you back here!
Thanks Rob! Much appreciated.
  • #3,314
  • Aug 9, 2016 8:53pm Aug 9, 2016 8:53pm
USDJPY M1 +5PIPS

Reasons for going SHORT
- I was watching this pair before going to bed, but it was already very late here in Hong Kong so I decided to sleep.
- This morning I woke up just too late after the Tokyo session started so I missed two very good trades, so I decided to stay in front of my screen a bit more to spot a new trade
- So, for a long time PA was not going anywhere, it was moving bearish but only bits by bits
- Then boom, a nice red candlestick on huge volume came, of course with all conditions met, Dragon moving down, PA trading below 50EMA, other time frames were also bearish, PA had already broken support 101.500 a long time ago.
- I went short on that red candlestick and after 16 seconds got my target reached.

FIFO!!!

But I need to go to work now, so I wish you guys an awesome Tokyo trading hours!
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  • #3,315
  • Aug 10, 2016 7:15am Aug 10, 2016 7:15am
Quoting robmagario
USDJPY M1 +5PIPS Reasons for going SHORT - I was watching this pair before going to bed, but it was already very late here in Hong Kong so I decided to sleep. - This morning I woke up just too late after the Tokyo session started so I missed two very good trades, so I decided to stay in front of my screen a bit more to spot a new trade - So, for a long time PA was not going anywhere, it was moving bearish but only bits by bits - Then boom, a nice red candlestick on huge volume came, of course with all conditions met,...
Good trade and as always a nice detailed explanation to help all..........

Your contributions to our thread have been awesome........A Big Thanks.....

Cigarguy
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  • #3,316
  • Edited 7:44am Aug 10, 2016 7:34am | Edited 7:44am
UJ....We shall see if 101.000 whole number holds as support and stalk for PVSRA entries as catching the momentum of the Smart Money......Keeping in mind we "Trade What We See Not What We Think"........

As always comments welcomed......
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  • #3,317
  • Edited 8:22am Aug 10, 2016 7:58am | Edited 8:22am
UJ M1 FIFO Snipe Scalp +22 (avg. +2.2) Entered for a small pip very fast 4 minute scalp with 10 lots based on USD continued weakness, small retrace as possibility finding support at 101.000 key level and close to new hour candle with notable volume so closed quickly.........Green bullish candle and volume came quickly as reason for very FIFO scalps at times and always attempting to trade with the Smart Money momentum.....

Market Makers & Banks make millions on small tick trades but a bit too fast these days (for me anyway trigger finger not as fast anymore) so M1 works well for our PVSRA scalps....
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  • #3,318
  • Edited 8:24am Aug 10, 2016 8:12am | Edited 8:24am
Quoting wiseguytrade
Hi Cigarguy, Enjoying the information that you show on this thread. PVSRA makes infinite sense as well as knowing who you really are as a trader makes FIFO fit into ones trading psychology or not. It reminds me of a quote of Muhammed Ali, "Float like a butterfly, sting like a bee." One needs to be quick on ones toes in this game realizing how the game is played. I do have a question about the indicator you have in the top right of your screen. Can you direct me to where I would find that ? Thanks again. WGT
I can relate to the great Muhammed Ali's quote posted by wiseguytrade;

"Float like a butterfly, sting like a bee."

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I think that should be our new Mantra for our FIFO Snipe Scalps......
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  • #3,319
  • Aug 10, 2016 8:59am Aug 10, 2016 8:59am
USDCAD +5 1M

Glad of that one since I waited for the push. =

I entered because of the dragon going up / Push from 1M 50EMA / Push from 5M 50EMA and all this from the 1.3025 LVL.

wiseguytrade, cigarguy, I like the quote !
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  • #3,320
  • Aug 10, 2016 9:07am Aug 10, 2016 9:07am
PVSRA Scalpers;

For anyone having issues with their OrderOnChart EA, you may want to try this version. These Order EA's were coded specifically for our thread by 2 great coders, rajib217 and extraw with assistance and input from saiffx all working together to provide us with this very useful order entry EA.

Reminder to change the "Path to save screenshot" to the path on your computer where the snapshots will be placed....All other user inputs can be changed to accommodate each trader.

Hope this Helps and as always;

Stay GREEN My Friends
Cigarguy
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