short usd/jpy on retrace to half number. Been some time since posting live trades so a bit of impatience cost some pips. +10 pips close near session low {image}
Been awhile guess you been fishin......
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PVSRA Scalping with Cigarguy
- #4,041
- Sep 5, 2016 6:56am Sep 5, 2016 6:56am
- Joined Jan 2007 | Status: Senior Member | 6,517 Posts
Been awhile guess you been fishin......
- #4,042
- Sep 5, 2016 7:44am Sep 5, 2016 7:44am
- Joined Jan 2007 | Status: Senior Member | 6,517 Posts
UJ M1 +25 FIFO Scalp Two different time frames and candle visuals.....just for fun but no NY momentum today.....
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- #4,044
- Sep 5, 2016 7:51am Sep 5, 2016 7:51am
- Joined Jan 2007 | Status: Senior Member | 6,517 Posts
@ciga guy can present few concepts here ? it will be little bit out side PVSRA .. if it ok then i ill share it
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- #4,045
- Sep 5, 2016 8:12am Sep 5, 2016 8:12am
- Joined Jan 2007 | Status: Senior Member | 6,517 Posts
UJ M1 FIFO Scalp +16 Little momentum so closed quickly with small pips....
Just having fun with my different charts today as PVSRA can be traded with any chart or time frame....
Just having fun with my different charts today as PVSRA can be traded with any chart or time frame....
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{quote} Thanks for your consideration in asking......Sue NP......
today is holiday for usa and canda so hope market not active much so have time to type this here..
let me explain this using example .. if u wanna ride a car then u should know which direction u going to go.. and wat is ur first station or destination and how speed u are going ... so it is same like in the market ... our car is Price, direction (up or down) is trend, where we ready to go and first destination is support or resistance..so where is our speed ? i call it momentum if u entered momentum market there is no problem grab easy pips.. but if not entered in the momentum mrkt then u have to give ur money to others most of the time or ur trade will hit BE... lot of people said "" ohh my trade hit BE and then went it direction"""
so guys try to use price+trend+volume+s&r+momentum..
i use adx indi for check momentum
if u use this then u can bank many pips than previous.. i will post example
c the below image.. other traders will exit near xxx.75 because they fear the level and not thinking market momentum.. but in this time adx had green box from 1mint to 4hr ..so it is much safe togo more up .. that is y keep it..
try this demo and update .. i have another concept too.. i will post it later..
- #4,048
- Edited 10:44am Sep 5, 2016 9:35am | Edited 10:44am
- Joined Jan 2007 | Status: Senior Member | 6,517 Posts
{quote} as i noticed lot of guys using this cigaguy method nicely and earn some nice pips.. but the matter is traders exit more fast then inject to the market.. yaa i know this is scalping method, it should fast in and fast out.. but why we should exit fast if there more pips ? today is holiday for usa and canda so hope market not active much so have time to type this here.. let me explain this using example .. if u wanna ride a car then u should know which direction u going to go.. and wat is ur first station or destination and how speed u are...
Thanks for our post as I have used ADX as you suggest in the past to some degree of success and grabbed a few more pips at times by staying in the trade longer. Ultimately I found that FIFO scalping for 5 + / - pips with multiple lots worked for me with minimum market exposure to PA whip saws and retraces.
I agree with you regarding momentum that is observed with our PVSRA candles and volume for confirmation as I comment in each of my posts. Each trader is of course welcomed to use what indicator or style they may chose.
Thanks again for your posts and your comments are always welcomed....
Cigarguy
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- #4,049
- Sep 5, 2016 9:38am Sep 5, 2016 9:38am
- Joined Jan 2007 | Status: Senior Member | 6,517 Posts
rinse and repeat it
Nice trade and you are most welcomed to upload your ADX indicator if you wish for anyone interested....
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- #4,051
- Sep 5, 2016 9:46am Sep 5, 2016 9:46am
- Joined Jan 2007 | Status: Senior Member | 6,517 Posts
UJ M1 FIFO Scalp +23 Explanation depicted clearly on chart......I try to trade with the hour candle but sometimes will deviate with a discretionary CT trade. If both D1 and H1 are in the same direction, of course a higher probability trade....
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- #4,052
- Sep 5, 2016 9:49am Sep 5, 2016 9:49am
- Joined Jan 2007 | Status: Senior Member | 6,517 Posts
Just got it confidently 2 position long and gain 5 pips {image}
Good to see you back here in action making your usual nice entries....
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- #4,054
- Sep 5, 2016 9:56am Sep 5, 2016 9:56am
- Joined Jan 2007 | Status: Senior Member | 6,517 Posts
{quote} Yes, I come back again. Hope nice charts and explanation will come regularly. Thanks Saiffx
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- #4,055
- Sep 5, 2016 10:04am Sep 5, 2016 10:04am
- Joined Jan 2007 | Status: Senior Member | 6,517 Posts
Again, why I Scalp FIFO as I have posted many times. Less market exposure with the sneaky MM's whip saws as seen right after I closed 
and some + pips banked...
and some + pips banked... 
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- #4,057
- Sep 5, 2016 10:29am Sep 5, 2016 10:29am
- Joined Jan 2007 | Status: Senior Member | 6,517 Posts
Another two long entry closed at tp. FIFO trade for me. Explanation on chart. Thanks Saiffx Stay Green {image}
Are you using the supply/demand indicator or drawing manually...
If your using the indicator would appreciate if you would upload as mine stopped working....
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- #4,059
- Sep 5, 2016 10:46am Sep 5, 2016 10:46am
- Joined Jan 2007 | Status: Senior Member | 6,517 Posts
Here it is friend. Thanks {file}
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- #4,060
- Sep 5, 2016 11:56am Sep 5, 2016 11:56am
- Joined Jan 2007 | Status: Senior Member | 6,517 Posts
UJ M1 FIFO Scalp +32 (Avg. +3.2) Explanation on chart...nothing special just following MM momentum.....
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