{quote} Fisher755, Good to see you here........Nice trade as always.....
USDCAD PVSRA LONG SCALP RE-ENTER OPEN/CLOSE:
Explanation on chart.
9.2 pips average gain.
PVSRA
PVSRA Scalping with Cigarguy
- #3,861
- Aug 29, 2016 8:12am Aug 29, 2016 8:12am
- Joined Jan 2015 | Status: PVSRA with Traderathome | 1,689 Posts
USDCAD PVSRA LONG SCALP RE-ENTER OPEN/CLOSE:
Explanation on chart.
9.2 pips average gain.
- #3,862
- Edited 8:41am Aug 29, 2016 8:27am | Edited 8:41am
- Joined Jan 2007 | Status: Senior Member | 6,517 Posts
EU M1 +21 (avg. +4.1) Explanations on charts M1 & M5.....Stayed in this trade through retrace and DD as EMA's continued down with no tightening and change of direction and PA did not enter EMA's on M5 confirming down trend in tact........
Keep It Simple
- #3,863
- Aug 29, 2016 8:58am Aug 29, 2016 8:58am
- Joined Jan 2007 | Status: Senior Member | 6,517 Posts
A very Slow Monday for sure.....A trial of patience.......
Keep It Simple
- #3,864
- Aug 29, 2016 9:29am Aug 29, 2016 9:29am
- Joined Jan 2007 | Status: Senior Member | 6,517 Posts
EU M5 Scalp +12 (avg. +2.4 @ 5 lots) Explanation on chart...
Keep It Simple
- #3,867
- Aug 29, 2016 10:16am Aug 29, 2016 10:16am
- Joined Jan 2007 | Status: Senior Member | 6,517 Posts
EU M5 +26 This one was a bumpy ride down 
.....See Chart....
.....See Chart.... 
Keep It Simple
- #3,868
- Aug 29, 2016 10:18am Aug 29, 2016 10:18am
- Joined Jan 2007 | Status: Senior Member | 6,517 Posts
Another one just 1 Minute trade!Now I need to make this as consistent as possible.
{image}
All good trades..... Seems that you've got our system down pat.....Nice job as your study is paying off.......
Keep It Simple
- #3,869
- Edited 10:49am Aug 29, 2016 10:36am | Edited 10:49am
- Joined Jan 2007 | Status: Senior Member | 6,517 Posts
PVSRA Scalpers;
Just a quick update as to my proposed changes to our beloved Dragon (50 ema ) as seen on the below chart, but still too early to tell ........My idea is that possibly by adding the additional ema's we, as FIFO Scalpers, may gleam a bit more of an edge from our Dragon with our PVSRA entries additional confirmed by a ema roll over for trend change or a widening of these emas as our trend gains strength and remains in tact...........The dragon has served us well so this remains as a test for now as we remain open minded to change...........
(keep in mind the dark blue line in the middle of these added ema's is our 50 ema).
As always, comments welcomed.....
Just a quick update as to my proposed changes to our beloved Dragon (50 ema ) as seen on the below chart, but still too early to tell ........My idea is that possibly by adding the additional ema's we, as FIFO Scalpers, may gleam a bit more of an edge from our Dragon with our PVSRA entries additional confirmed by a ema roll over for trend change or a widening of these emas as our trend gains strength and remains in tact...........The dragon has served us well so this remains as a test for now as we remain open minded to change...........
(keep in mind the dark blue line in the middle of these added ema's is our 50 ema).
As always, comments welcomed.....
Keep It Simple
- #3,870
- Edited 12:38pm Aug 29, 2016 12:09pm | Edited 12:38pm
- | Membership Revoked | Joined Aug 2015 | 1,243 Posts
- #3,871
- Aug 29, 2016 12:29pm Aug 29, 2016 12:29pm
Hi Cigarguy,
I've been following & reading this thread for 2 weeks now. You and some others shared some great value. I really appreciate the time & effort you guys are putting into PVSRA thread. I've discovered that scalping is my thing (although i don't like to sit hours behind the computer).
Do you also trade PVSRA on 1H and 4H?
Thx
T.
I've been following & reading this thread for 2 weeks now. You and some others shared some great value. I really appreciate the time & effort you guys are putting into PVSRA thread. I've discovered that scalping is my thing (although i don't like to sit hours behind the computer).
Do you also trade PVSRA on 1H and 4H?
Thx
T.
- #3,873
- Edited 1:00pm Aug 29, 2016 12:44pm | Edited 1:00pm
- Joined Jan 2007 | Status: Senior Member | 6,517 Posts
Attached is EURUSD-M5, with Fibonacci numbers EMAs from 3-987...does it make difference to any rainbow bunch of EMAs? blue EMA is 21 and gold is 200. All depend on traders interpretation. trader can see that many Fibonacci EMAs are touched...Does it mean anything ? I do not know ..It is on trader to interpret... If I don't have any of these EMAs to me wouldn't make difference. Exception is EMA 200 which I have always no matter what. {image}
ruma29,
Just S & R and retraces....Yes fib numbers are respected and do mean something........I will not comment additionally as that would take volumes........
Keep It Simple
- #3,874
- Aug 29, 2016 12:52pm Aug 29, 2016 12:52pm
- Joined Jan 2007 | Status: Senior Member | 6,517 Posts
Hi Cigarguy, I've been following & reading this thread for 2 weeks now. You and some others shared some great value. I really appreciate the time & effort you guys are putting into PVSRA thread. I've discovered that scalping is my thing (although i don't like to sit hours behind the computer). Do you also trade PVSRA on 1H and 4H? Thx
Thanks for the post....
You can trade PVSRA using any time frame as we originally traded the M15 on the old thread. I personally observe H1 and drop down to M15, M5 and M1 for entries, but each traders can trade PVSRA as they please.Our thread, obviously is a FIFO Scalping thread, but I have no problems with higher t/f charts being posted as long as they remain consistent with our PVSRA system. I know many traders that do successfully scalp H1 candles........
Stay GREEN and Keep It Simple
Cigarguy
Keep It Simple
- #3,875
- Edited 1:21pm Aug 29, 2016 12:59pm | Edited 1:21pm
- Joined Jan 2007 | Status: Senior Member | 6,517 Posts
{quote} good point ruma29 - What's working, right ? Also, if one scroll back a chart, put some random horizontal lines on it and then scroll forward... The lines will be respected! The good thing though with the PVSRA template, is that price consistently respect psy levels. And the dragon is helping me avoiding being on the wrong side of the trend. Even though sometimes I go against the dragon.... I think the main point is the capability of a trader to read the market with a clear, relaxed mind. In this aspect the suggested EMA's proposed by cigarguy...
That is exactly what I am attempting to accomplish as the other 98% is the trader.......
We currently have 12 members here right now at this thread and if each entered the same FIFO PVSRA trade, IMO each would probably have different entries/exits and viable explanations for their trade. Some would profit and others would not.........The charts would remain consistent, so it boils down to one important element the TRADER not squiggly lines either be they mine or another......
I am not suggesting the EMA's are better or anything. But I still think it might bring more clarity to the market direction...
Keep It Simple
- #3,876
- Aug 29, 2016 1:47pm Aug 29, 2016 1:47pm
- Joined Dec 2010 | Status: Never Stop Learning | 7,339 Posts
PVSRA Scalpers; Just a quick update as to my proposed changes to our beloved Dragon (50 ema ) as seen on the below chart, but still too early to tell ........My idea is that possibly by adding the additional ema's we, as FIFO Scalpers, may gleam a bit more of an edge from our Dragon with our PVSRA entries additional confirmed by a ema roll over for trend change or a widening of these emas as our trend gains strength and remains in tact...........The dragon has served us well so this remains as a test for now as we remain open minded to change...........
I've just had a quick look at the thread and I see you are using the 200 EMA and 50 EMA Dragon on the M1.
Have you thought about using the 240 Simple MA = H4 instead of the 200 EMA and instead of 50 EMA try the 60 Simple MA = H1.
60 Simple MA on the M1 = 1 Simple MA on H1
240 Simple MA on the M1 = 1 Simple MA on H4
See these two posts by Crucial Point. Post #16 Post #26
The context of the MAs change as you switch TFs a 60 Simple MA on M1 = H1 (60*1=60) on an M5 Chart a 60 Simple MA becomes H5 (60*5=300)
It's just something to consider I don't want to muddy your waters.
- #3,877
- Aug 29, 2016 2:00pm Aug 29, 2016 2:00pm
- Joined Jan 2007 | Status: Senior Member | 6,517 Posts
{quote} Hi Cigarguy; I've just had a quick look at the thread and I see you are using the 200 EMA and 50 EMA Dragon on the M1. Have you thought about using the 240 Simple MA = H4 instead of the 200 EMA and instead of 50 EMA try the 60 Simple MA = H1. 60 Simple MA on the M1 = 1 Simple MA on H1 240 Simple MA on the M1 = 1 Simple MA on H4 See these two posts by Crucial Point. Post #16 Post #26 The...
No problem here thanks for your post......
We all remain open minded and I will check out your provided link as always looking to gleam helpful insight as experience provides..... Keep It Simple
- #3,879
- Aug 29, 2016 2:33pm Aug 29, 2016 2:33pm
- Joined Dec 2010 | Status: Never Stop Learning | 7,339 Posts
