PVSRA Scalping with Cigarguy | Page 180 | 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

  • #3,581
  • Aug 17, 2016 7:29am Aug 17, 2016 7:29am
Quoting joshuayip
{quote} Why short and not long ?
joshuayip,

I was busy with other business and just happened to see that huge green candle as it was making its run up which was then too late. I then stalked UJ as I missed the correct entry and waited for some profit taking and just grabbed some small pips, but +19 better then nothing.

It would have been a very profitable trade with the right entry.......but I missed that one but many more to come......
Keep It Simple
  • #3,582
  • Edited 8:05am Aug 17, 2016 7:51am | Edited 8:05am
Quoting Ockham
{quote} Thank you for your answer and you re welcome And apologized for my modest English as it is not my mother language. My question was that if i have a positive and single trade in profit to may be 10 in the terminal i have another profit amount on chart, and superior, so may be It was an error like 10 + commissions instead of doing 10 - commissions
Ockham,

I'm sorry but I am not sure what your question is.... If it is regarding the Trade Level indicator? All is working fine and if you want more details as to how any of the PVSRA indicators function and were coded, I must refer you to the PDF at Post #1 and then back to our original PVSRA thread, link provided as there is a wealth of information provided by the coder TAH.

Sorry, but that is the best I can do unless others here understand what your needs are better then I......

Ockham of course brings to mind: Occam's Razor by Willam of Ockham --- The philosophy principle "If there exist two explanations for an occurrence, the simpler one is usually the correct one". I think that theory should be applied to FX trading as well as saying "Keep It Simple". :nerd:

Stay GREEN My Friend
Cigarguy
Keep It Simple
  • #3,583
  • Edited 8:41am Aug 17, 2016 8:24am | Edited 8:41am
I am personally stalking UJ as M15 indicates much bullish interest as per volume and green candles. The dragon (50 ema) is somewhat flat just below 100.750 key level with the 200 ema flat and inside of the dragon indicating MM's could run PA either up or down. Then dropping down to M5 PA appears currently in a retrace with the 50 ema headed down just above the 200.

So I think the sneaky ones... are waiting for the news to make their intended move and time to wait and see what they have in mind and possibly gleam some clues via PVSRA.....IMO anyway but have been wrong before.......

Keep in mind, when we see high volume relative to large candles, that represents Institutional interest as small retail traders cannot make those moves. Also many times just prior to big new releases, MM's will attempt a fake out and run PA the opposite direction trying to catch wrong way traders and then upon news release quickly run PA exactly the opposite direction grabbing many stops in the process.....

PA currently is just above the 100.500 key level we shall see if that holds as support or quickly runs through...
Keep It Simple
  • #3,584
  • Aug 17, 2016 9:00am Aug 17, 2016 9:00am
UJ M1 Very FIFO scalp +40 (avg. +2 @ 20 lots) Was waiting to see if PA would break 100.500 key level as support for a quick small pip scalp and closed quickly prior to news with possible retraces soon....

And again why do we Scalp FIFO.....2nd chart tells all as profits lost on retrace....
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Larry's Snapshot2016-08-17_07-03-23_USDJPYi_M1_.png Size: 46 KB
Click to Enlarge Name: 2.png Size: 43 KB
Keep It Simple
  • #3,585
  • Aug 17, 2016 9:07am Aug 17, 2016 9:07am
Is there anyone who knows this indicator? It should estimate buyers and sellers strenght in each candle

Attached File(s)
File Type: ex4 strength-candles-indicator.ex4   256 KB | 428 downloads
  • #3,586
  • Aug 17, 2016 9:22am Aug 17, 2016 9:22am
UJ M1 +2.2 Small Bee Sting style

I waited for a retrace after the break of 100.500 and went in after the bounce on the key half lvl.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 81 KB
  • #3,587
  • Aug 17, 2016 9:24am Aug 17, 2016 9:24am
Quoting thedrrew
UJ M1 +2.2 Small Bee Sting style I waited for a retrace after the break of 100.500 and went in after the bounce on the key half lvl. {image}

thedrrew,

Nice catch......as waiting for that break....
Keep It Simple
  • #3,588
  • Aug 17, 2016 9:31am Aug 17, 2016 9:31am
EU M1 +3.2. Explaination on chart.

Attached Image (click to enlarge)
Click to Enlarge Name: eurusdi-m1-17-08-16.png Size: 70 KB
  • #3,589
  • Aug 17, 2016 9:34am Aug 17, 2016 9:34am
Quoting Vape
EU M1 +3.2. Explaination on chart. {image}
Vape,

Text book entry......
Keep It Simple
  • #3,590
  • Aug 17, 2016 9:41am Aug 17, 2016 9:41am
Just a reminder as discussed prior; Often during a Session PA will return to the DO line on any pair.......Just a FYI......
Keep It Simple
  • #3,591
  • Aug 17, 2016 9:48am Aug 17, 2016 9:48am
Again, those +26 pips would have been erased by this retrace....Thanks to FIFO scalping that did not happen as posted over and over......
Attached Image (click to enlarge)
Click to Enlarge Name: Larry's Snapshot2016-08-17_07-54-37_USDJPYi_M1_.png Size: 43 KB
Keep It Simple
  • #3,592
  • Edited 10:41am Aug 17, 2016 9:53am | Edited 10:41am
UJ +5.6
144 Tick

Lot's of rejection at half level with no intentions of moving up - entered on the break down. My inner greed was telling me to hold this trade, but had to remember I'm scalping
Attached Image (click to enlarge)
Click to Enlarge Name: t117.png Size: 37 KB
  • #3,593
  • Aug 17, 2016 9:53am Aug 17, 2016 9:53am
UJ is close to the DO line and possible support or run quickly through with bearish strength....We shall see......
Keep It Simple
  • #3,594
  • Aug 17, 2016 9:53am Aug 17, 2016 9:53am
Quoting cigarguy
Thanks to FIFO scalping that did not happen as posted over and over......
  • #3,595
  • Aug 17, 2016 9:57am Aug 17, 2016 9:57am
Quoting Vape
{quote}
I realize that I often sound like a broken record stating this behavior over and over, but IMO it is essential for those interested in our FIFO scalping to understand our quest for limited market exposure......
Keep It Simple
  • #3,596
  • Aug 17, 2016 10:05am Aug 17, 2016 10:05am
UJ M1 +22 (avg. +2.2 @ 10 lots) Was stalking for this possible move with DO line as t/p as possible retrace from this area.......Love it when a plan comes together as does not always happen.............
Attached Image (click to enlarge)
Click to Enlarge Name: Larry's Snapshot2016-08-17_08-07-26_USDJPYi_M1_.png Size: 48 KB
Keep It Simple
  • #3,597
  • Aug 17, 2016 10:14am Aug 17, 2016 10:14am
Quoting cigarguy
Just a reminder as discussed prior; Often during a Session PA will return to the DO line on any pair.......Just a FYI......

Nothing more to be said as just another arrow of knowledge to put into your quiver........
Attached Image (click to enlarge)
Click to Enlarge Name: Larry's Snapshot2016-08-17_08-20-48_USDJPYi_M1_.png Size: 45 KB
Keep It Simple
  • #3,598
  • Aug 17, 2016 10:32am Aug 17, 2016 10:32am
Thanks to thedrrew for this nice ADR mod....
Attached Image (click to enlarge)
Click to Enlarge Name: Larry's Snapshot2016-08-17_08-20-48_USDJPYi_M1_.png Size: 47 KB
Keep It Simple
  • #3,599
  • Aug 17, 2016 10:51am Aug 17, 2016 10:51am
UJ M1 Scalp +78 (avg. 3.9 @ 10 lots & 10 added) See chart for explanation..........

Below chart: At times these sneaky MM's can be so predictable......
Attached Image (click to enlarge)
Click to Enlarge Name: Larry's Snapshot2016-08-17_08-52-59_USDJPYi_M1_.png Size: 47 KB
Attached Image
Keep It Simple
  • #3,600
  • Aug 17, 2016 10:59am Aug 17, 2016 10:59am
You Decide....
Attached Image (click to enlarge)
Click to Enlarge Name: ScreenHunter_407 Aug. 17 09.05.jpg Size: 66 KB
Attached Image
Keep It Simple
16 traders viewing now