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PVSRA Scalping with Cigarguy

  • #4,181
  • Sep 8, 2016 1:50pm Sep 8, 2016 1:50pm
Day by day shooter against MM is increasing, I see now a days. May be it 4 our dear CG effort.
Salute you friend.

I was far away from market today. so i cannot post any chart. But gave prediction about news to my circle. Prediction was right. They are benefited from prediction. Hope see Next week.

13 September is the day of Joy and happiness for all Muslims. On that day Eid-ul-Azha for Muslims.

Till then a break from trading. See you with new entry chart and More............valuable learning and explanation.



Saiffx
  • #4,182
  • Sep 8, 2016 2:00pm Sep 8, 2016 2:00pm
Quoting saiffx
Day by day shooter against MM is increasing, I see now a days. May be it 4 our dear CG effort. Salute you friend. I was far away from market today. so i cannot post any chart. Hope see Next week. 13 September is the day of Joy and happiness for all Muslims. On that day Eid-ul-Azha for Muslims. Till then a break from trading. See you with new entry chart and More............valuable learning and explanation. Saiffx

saiffx,

Enjoy your day of happiness and looking forward to your return to trading....
Keep It Simple
  • #4,183
  • Sep 8, 2016 9:53pm Sep 8, 2016 9:53pm
EURUSD M1 +5.3PIPS

Reasons for entering LONG
- Support key level 1.12500 was broken a long time ago, so I assumed we were probably going towards resistance key level 1.12750
- The inclination of Dragon on 1M was not very good (although it was going up), but when I looked at 5M, the inclination was good.
- Entered after a green candlestick with high volume
- After that it started to go against me, I got a huge red candlestick that broke Dragon downwards so I thought of closing it, but soon after that it started to go up again. So, I assumed that was only a small retracement. After that I got a huge green candlestick even bigger so that for me confirmed that it was going to be a bullish move again, so I decided to stay in the trade

Got my target and exited!
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd-m1-forex-capital-markets-2.png Size: 46 KB
  • #4,184
  • Sep 8, 2016 10:16pm Sep 8, 2016 10:16pm
CG thank you very much for your kind reply as always. Post 4177 screen-shot and safely stored in my private lesson file.
  • #4,185
  • Sep 8, 2016 10:17pm Sep 8, 2016 10:17pm
Quoting pipiphooray
Have a great weekend CG n the rest of the group. Haven't seen Rob for a while, hope all is well with him. See u next week, and thanks again for your dedicated teaching CG. Much obliged.
Pipiphooray, I am here! I haven't been trading these past few days due to dinner appointments with friends, but I traded this morning and I will be trading tonight after my salsa dance event.
  • #4,186
  • Sep 8, 2016 10:21pm Sep 8, 2016 10:21pm
Quoting cigarguy
Hey Rob, I see your in the house... You have been missed ......
Thanks Cigarguy, I was showing this thread to a few friends. We had dinner and discussed forex together.
  • #4,187
  • Sep 8, 2016 10:31pm Sep 8, 2016 10:31pm
Hi Rob, nice to see u again and thanks for the explanation of a nice trade. I learned a lot from your charts as well. It's Friday already and have a wonderful weekend.
  • #4,188
  • Sep 9, 2016 1:41am Sep 9, 2016 1:41am
Quoting pipiphooray
Very nice trades sass007 just like CG style....do u check higher time frame charts e.like 5m, 15m, 1h etc before pulling the trigger on 1m, how far up would u go for a last look before taking action, thanks. Ph
Yes.M5 and M15 pullback.Sometime more higher TF.
  • #4,189
  • Sep 9, 2016 1:50am Sep 9, 2016 1:50am
Quoting saiffx
Day by day shooter against MM is increasing, I see now a days. May be it 4 our dear CG effort. Salute you friend. I was far away from market today. so i cannot post any chart. But gave prediction about news to my circle. Prediction was right. They are benefited from prediction. Hope see Next week. 13 September is the day of Joy and happiness for all Muslims. On that day Eid-ul-Azha for Muslims. Till then a break from trading. See you with new entry chart and More............valuable learning and explanation. Saiffx
Eid Mubarak
I am going to Cow Hut.So no trading today until NY season maybe.
  • #4,190
  • Sep 9, 2016 7:21am Sep 9, 2016 7:21am
UJ M1 FIFO Scalp +11 See Chart for explanation......Quickly closed at this RDH level and 103.00 key level resistance ahead for possible retrace...
Attached Image (click to enlarge)
Click to Enlarge Name: Snapshot2016-09-09_05-26-01_USDJPYi_M1_.png Size: 52 KB
Keep It Simple
  • #4,191
  • Sep 9, 2016 7:25am Sep 9, 2016 7:25am
AU M1 +5pips. Explaination on chart.

Attached Image (click to enlarge)
Click to Enlarge Name: audusdi-m1-09-09-16.png Size: 64 KB
  • #4,192
  • Sep 9, 2016 7:28am Sep 9, 2016 7:28am
Quoting Vape
AU M1 +5pips. Explaination on chart. {image}
Vape,

Nice catch as you entered perfectly on that candle with the Bearish volume........
Keep It Simple
  • #4,193
  • Edited 7:44am Sep 9, 2016 7:31am | Edited 7:44am
Quoting cigarguy
{quote} Vape, Nice catch as you entered perfectly on that candle with the Bearish volume........
Thanks boss!

I was watching EU at the same time but missed the break through DO.... Too slow!
  • #4,194
  • Sep 9, 2016 7:34am Sep 9, 2016 7:34am
Quoting Vape
{quote} Thanks boss! I was watch EU at the same time but missed the break through DO.... Too slow!
Vape,

Don't tell anybody but many more good PVSRA entries will be coming your way soon.....
Keep It Simple
  • #4,195
  • Sep 9, 2016 7:37am Sep 9, 2016 7:37am
Quoting cigarguy
{quote} Vape, Don't tell anybody but many more good PVSRA entries will be coming your way soon.....
  • #4,196
  • Sep 9, 2016 7:43am Sep 9, 2016 7:43am
Quoting cigarguy
UJ M1 FIFO Scalp +11 See Chart for explanation......Quickly closed at this RDH level and 103.00 key level resistance ahead for possible retrace... {image}
And....Guess What....Did PA respect the near 103.000 key level & RDH as resistance and then PA went down with the retrace probably to the next 102.750 key level or lower.......Why we scalp FIFO and safely bank quick small pips with multiple lots and capital preservation.....

If 102.750 is respected as support then more possible PVSRA long entries, but Friday so care should be taken with profit taking prior to the week end.....
Attached Image (click to enlarge)
Click to Enlarge Name: Snapshot2016-09-09_05-46-54_USDJPYi_M1_.png Size: 48 KB
Keep It Simple
  • #4,197
  • Sep 9, 2016 7:55am Sep 9, 2016 7:55am
Hope All Stay GREEN Today with some nice pips....
Attached Image
Keep It Simple
  • #4,198
  • Sep 9, 2016 8:06am Sep 9, 2016 8:06am
Hi Cigarguy and co!

My first post in this thread, hopefully more to come. Got 6 pips on EURAUD, explanation on the chart.

Great thread btw, thanks for all the info! :-)
Attached Image (click to enlarge)
Click to Enlarge Name: EURAUD.PNG Size: 60 KB
  • #4,199
  • Edited 10:11am Sep 9, 2016 8:09am | Edited 10:11am
Hey guys,Im newbie and still learning,this is my first picture fell free to comment. Thank you Cigar guy for this awesome thread and all you who help this thread to be useful and profitabile as it is..
I entered the first two after the breakout of RDH and 50% fibos, I was kind of late I know,but still
The second two trades I waited for retrace to 50% fibos and then i hit it again.. + the strenght of the of USD against AUD.. I know I could wait and close it with even more profit,since i dont catch only 5+ pips I wait for more sometimes but I was in rush... Feel free to comment and to point me to mistakes!! Thank you!!
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 57 KB
  • #4,200
  • Sep 9, 2016 8:31am Sep 9, 2016 8:31am
Quoting Oli.S
Hi Cigarguy and co! My first post in this thread, hopefully more to come. Got 6 pips on EURAUD, explanation on the chart. Great thread btw, thanks for all the info! :-) {image}
Oli.S,

Welcome.... Very nice trade, chart and explanation you obviously have a good understanding of our PVSRA scalping system from reading your explanation and looking forward to your continued contributions....
Keep It Simple
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