PVSRA Scalping with Cigarguy
{quote} thedrrew, I by no means am an expert on that subject, but I enjoy trading, watch for good momentum indications and listen :nerd:to my charts and act when I see a PVSRA confirmed entry. Always attempting to KEEP IT GREEN and SIMPLE....{image}
True story.
{quote} That image... It remains me when a friend of mine was about to release her book and needed some pictures. She asked me to participate and for the picture she asked me to stand in front of a mirror looking at myself... I was not knowing at that time about the future use of the picture. You guessed it, in the book I was there at the beginning of the chapter 'Your worst enemy is yourself'...
{quote} Rob, Be glad you didn't enter as I did and with a tight stop you would have been stopped out with a loss...The volume bars were indicating good momentum and soon after my entry I had a approx. 2+ pips profit with that bearish red candle and then the sneaks
retraced it back up to the 200 ema area which was my mental stop......I was about to close with a loss when the bearish momentum kicked in and saved me........
We post the Good, Bad and Ugly for all to learn what not to do as well as our winners.....
{quote} Are you blaming momentum for your entry?...sorry if I misunderstood post.
End of trading day is end of trading day. There is button on computer to shut it off and I am going to use it regularly.
PVSRA Scalpers, I thought I would share with those interested and may not know, how to add PRICE to your standard Fib tool. I will often use my fib tool to observe S & R in addition to our PVSRA key levels as depicted on the chart below. Although we primarily scalp FIFO for small pip targets, it is useful to observe how PA respects these fib lines as well as our key levels. I use the same levels as Raghee Horner but users can change to suit them as just another tool for your trading tool box........
{quote} Good for you as over trading can be a account killer.....
{quote} Yes, never over trade. Discipline in trading is very important.
NZDUSD ranging 32h...
Hi Cigarguy and PVSRA scalpers, I have been reading and studying this thread for awhile, I wonder what makes you guy trade something like 3 pips or 5 pips or 7 pips a trade? What make you think 3 pips is enough, or 7 pips is too much? is there any measurement in your heart, or is it purely basing on instinct (because of experiences from watching chart)? Thanks and wish you all a green day!
IMO, appear to be acting as bulls by continually running PA above 100.500 key level and then whacking it down. These moves also give a PVSRA clue with the high volume at the highs and lower volume at lows as they may be building shorts and all done above the 100.500 key level. 
I'm stalking UJ as the sneaky MM's
{quote} Cigarguy, Looking at M5, I think we are seeing a lot of times that price goes over 100.500 key level to then bounce back to either - Dragon - key level 450 or - the 200EMA This has been happening since 15:25 when we got that huge green candlestick on M5.
