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PVSRA Scalping with Cigarguy

  • #4,901
  • Oct 16, 2016 10:51am Oct 16, 2016 10:51am
Quoting cigarguy
{quote} For those new to PVSRA scalping; This M1 UJ chart shows many good PVSRA entries were 5 pips could have easily been reached. Sure this in hind sight but these entry opportunities happen many times during each trading session. Many scalpers here have made some very nice profits with multiple lots while targeting + / - 5 pips as their t/p. (I used HA candles here but that is your choice) Just food for thought.... {image}
Yes! Also low stress
Be a spectator, not a player
  • #4,902
  • Oct 16, 2016 11:04am Oct 16, 2016 11:04am
Quoting wiserltz
Shame, MT4 won't let me place sell/buy limit/stop order during weekend ...
wiserltz,

My Broker which I am an IB opens for trading at the Asian Session which I often watch although usually lacking high momentum and lots of retraces...
Keep It Simple
  • #4,903
  • Edited 3:15pm Oct 16, 2016 11:09am | Edited 3:15pm
Quoting wiserltz
{quote} Yes! Also low stress
wiserltz,

Yes for sure..........Kind of funny because most traders feel scalping is very stressful. Personally I have found through the years, it is less stressful scalping for quick pips FIFO rather then watching PA whipsaw up and down and profits gained and lost position trading. I can make my pips in minutes or seconds with FIFO scalps and move on to doing other things in life rather then watching the sneaky MM's grab stops as they whip and whack PA stealing our hard earned money....

Although just my opinion and experience but each must trade what works for them.
Keep It Simple
  • #4,904
  • Oct 16, 2016 11:09am Oct 16, 2016 11:09am
Quoting cigarguy
{quote} wiserltz, My Broker which I am an IB opens for trading at the Asian Session which I often watch although usually lacking high momentum and lots of retraces...
YES, that is what I want , when liquidity is very low and they may retrace to a ridiculous area, I want to trade there but don't want to sit up all night
Be a spectator, not a player
  • #4,905
  • Oct 16, 2016 11:18am Oct 16, 2016 11:18am
Quoting cigarguy
{quote} wiserltz, Yes for sure..........Kind of funny because most traders feel scalping is very stressful. Personally I have found through the years, it is less stressful scalping for quick pips FIFO rather then watching PA whipsaw up and down and profits gained and lost position trading. Although just my opinion and experience but each must trade what works for them.
Yes, agree with you!
Feeling stress, if you want more than the market can give! , "The more pips you get, the more pips you want!".
But we can choose more lots and less price margin
Be a spectator, not a player
  • #4,906
  • Oct 16, 2016 11:21am Oct 16, 2016 11:21am
Quoting wiserltz
{quote} Yes, agree with you! Feeling stress, if you want more than the market can give! , "The more pips you get, the more pips you want!". But we can choose more lots and less price margin
wiserltz,

Check your PM's this may help especially with your trading style.......
Keep It Simple
  • #4,907
  • Oct 16, 2016 3:23pm Oct 16, 2016 3:23pm
PVSRA Scalpers our weekly Post #1 Poll update to reinforce that our thread is moving in the right direction and it appears that WE ARE.....

THANKS TO ALL OF OUR SCALPERS AND CONTRIBUTORS AS TRADERS HELPING TRADERS......

Cigarguy
Attached Image (click to enlarge)
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Keep It Simple
  • #4,908
  • Edited Oct 17, 2016 9:05am Oct 16, 2016 10:53pm | Edited Oct 17, 2016 9:05am
Exit because Monday morning they can do anything

PS: Tired of the many retraces

PS:Several minutes after I close the trade, it went down....
Attached Image(s) (click to enlarge)
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Be a spectator, not a player
  • #4,909
  • Oct 17, 2016 9:38am Oct 17, 2016 9:38am
5pips scalping
Attached Image (click to enlarge)
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Be a spectator, not a player
  • #4,910
  • Oct 17, 2016 9:47am Oct 17, 2016 9:47am
Quoting wiserltz
5pips scalping {image}
Your good at sniping quick pips.....
Keep It Simple
  • #4,911
  • Edited 10:29am Oct 17, 2016 10:11am | Edited 10:29am
Another one
USDCADM1 again
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: USDCADM1.png Size: 60 KB
Be a spectator, not a player
  • #4,912
  • Edited 10:31am Oct 17, 2016 10:15am | Edited 10:31am
EU M1 FIFO Scalp +16 @ 5 lots (held this trade for approx 7 minutes) ..... Inset picture of M5 retrace from 200 ema and 1.09900 key level dropped down and entered on M1 with notable volume.
Attached Image (click to enlarge)
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Attached Image
Keep It Simple
  • #4,913
  • Oct 17, 2016 10:43am Oct 17, 2016 10:43am
Quoting cigarguy
EU M1 FIFO Scalp +16 @ 5 lots (held this trade for approx 7 minutes) ..... Inset picture of M5 retrace from 200 ema and 1.09900 key level dropped down and entered on M1 with notable volume. {image} {image}
cigarguy :-)
Attached Image (click to enlarge)
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Be a spectator, not a player
  • #4,914
  • Oct 17, 2016 10:59am Oct 17, 2016 10:59am
Quoting wiserltz
{quote} cigarguy :-) {image}
Yes, I saw our entries.....
Keep It Simple
  • #4,915
  • Oct 17, 2016 11:04am Oct 17, 2016 11:04am
Quoting cigarguy;9202460[highlight=Yellow
]EU M1 FIFO Scalp +16 @ 5 lots (held this trade for approx 7 minutes) ... Inset picture of M5 retrace from 200 ema and 1.09900 key level dropped down and entered on M1 with notable volume. {image} {image}
My point was you can make your quick pips without being glued to your monitor for long periods and go on with your life........Maybe this is appealing to some traders with jobs or other interests.........
Keep It Simple
  • #4,916
  • Oct 17, 2016 11:52am Oct 17, 2016 11:52am
Quoting cigarguy
{quote} My point was you can make your quick pips without being glued to your monitor for long periods and go on with your life........Maybe this is appealing to some traders with jobs or other interests.........
Hey Cigarguy. At first I wanna thank you for your uniqe system. I'm trading for 4 years and I never had opportunity to trade so easy and with no stress! I'd like to ask you something. I saw you used to use fib in your charts. Now I don't. Did you change something in your system? Did you realize it is not so important? Thank you
  • #4,917
  • Oct 17, 2016 12:39pm Oct 17, 2016 12:39pm
Quoting kirkland
{quote} Hey Cigarguy. At first I wanna thank you for your uniqe system. I'm trading for 4 years and I never had opportunity to trade so easy and with no stress! I'd like to ask you something. I saw you used to use fib in your charts. Now I don't. Did you change something in your system? Did you realize it is not so important? Thank you
kirkland,

Welcome and good to hear that our PVSRA scalping system is working for you......

Relative to your question in re fibs; Fibs do often work as good S & R as do pivots etc.. Our PVSRA Access Panel offers the trader a selection of pivots, fibs and level lines. Personally I have found the key levels are most often respected and work best for me as do most here.

Cigarguy
Keep It Simple
  • #4,918
  • Oct 17, 2016 2:14pm Oct 17, 2016 2:14pm
EURUSD M1 +28PIPS (avg. +2.8pips @10LOTS)

see chart for comment
Attached Image (click to enlarge)
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  • #4,919
  • Oct 17, 2016 2:16pm Oct 17, 2016 2:16pm
Quoting thilord
EURUSD M1 +28PIPS (avg. +2.8pips @10LOTS) see chart for comment {image}
thilord,

Excellent timing catching this nice quick scalp for small + pips with increased lots......
Keep It Simple
  • #4,920
  • Oct 17, 2016 2:19pm Oct 17, 2016 2:19pm
Quoting cigarguy
{quote} thilord, Excellent timing catching this nice quick scalp....
thank you master
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