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PVSRA Scalping with Cigarguy

  • #4,961
  • Oct 19, 2016 9:28am Oct 19, 2016 9:28am
NU M1 +5 pips

Not the best entry...I know. Anyways, it still got me where I want it to be. Soon after it smashed my TP... price immediately fell down like there was no gravity! Thank goodness it's FIFO!!

Reasons for entry:
1. Above 'Dragon' and 200 EMA
2. Momentum was playing in the background
3. I kinda know that price has a 90% probability of bouncing back up after hitting the elusive 'Dragon'
Attached Image (click to enlarge)
Click to Enlarge Name: PVSRA NU M1 19 Oct.png Size: 37 KB
~I'll take 5 pips or whatever I can~
  • #4,962
  • Oct 19, 2016 9:29am Oct 19, 2016 9:29am
PVSRA Scalpers,

Good to see so many profitable trades......

Welcome to the many new PVSRA Scalpers ............
Keep It Simple
  • #4,963
  • Oct 19, 2016 9:35am Oct 19, 2016 9:35am
Quoting cigarguy
PVSRA Scalpers, Good to see so many profitable trades...... Welcome to the many new PVSRA Scalpers ............
Thanks for making this thread and sharing your method to us all cigarguy
~I'll take 5 pips or whatever I can~
  • #4,964
  • Oct 19, 2016 9:47am Oct 19, 2016 9:47am
Quoting Ropoy
{quote} Thanks for making this thread and sharing your method to us all cigarguy
Your most welcome and many GREEN pips.....
Keep It Simple
  • #4,965
  • Oct 19, 2016 9:47am Oct 19, 2016 9:47am
USDJPY M1 +5PIPS

Reasons for entering SHORT
- Dragon was going down
- PA broke 200EMA
- After 2 consecutive red candlesticks with high volume, I waited for some retracement and entered on high volume when PA seemed to have broken key support level 103.250
- After that PA did some retracement again

Got my target and exited
Attached Image (click to enlarge)
Click to Enlarge Name: usdjpy-m1-forex-capital-markets.png Size: 49 KB
  • #4,966
  • Oct 19, 2016 9:50am Oct 19, 2016 9:50am
Quoting robmagario
USDJPY M1 +5PIPS Reasons for entering SHORT - Dragon was going down - PA broke 200EMA - After 2 consecutive red candlesticks with high volume, I waited for some retracement and entered on high volume when PA seemed to have broken key support level 103.250 - After that PA did some retracement again Got my target and exited {image}
Nice....stinging like a Bee....
Keep It Simple
  • #4,967
  • Oct 19, 2016 9:52am Oct 19, 2016 9:52am
Quoting thilord
USDJPY M1 +50PIPS (avg. +5pips @10LOTS) First FIFO trade of the day... if it wasn't FIFO i would have given my pips back (MM's got plenty of them...they won't get mine) - Bearish trend from M1 till H1 - Dragon nose & 200EMA pointing down - Price broke the S&R area - Notable increase in volume I could have entered this trade after it retraced back to the Dragon (i was reading the FF posts {image}
thilord 's posts are always tutorial for us all
Be a spectator, not a player
  • #4,968
  • Oct 19, 2016 9:54am Oct 19, 2016 9:54am
Quoting wiserltz
{quote} thilord 's posts are always tutorial for us all
I agree.....Nice trades and explanations for all to learn and adding to our PVSRA Text Book Thread......

We have many excellent PVSRA scalpers on board now making nice pips as their hard work learning and practicing is paying off.........
Keep It Simple
  • #4,969
  • Oct 19, 2016 10:08am Oct 19, 2016 10:08am
AU M1 +5 pips

What can I say? This method really rocks!!! If you have understood it well I was a bit shakey there for a minute...price went down really quick...but I waited for it to hit 200 EMA to see what will happen. Phew... and sure enough it went flying back up and hit my TP again!

Reasons for entering:
1. Strong momentum
2. Old 'Dragon' was pointing up backed by his faithful companion 200 EMA
3. What else...I entered on a pullback hoping that price will surge up again.. and it did.
Attached Image (click to enlarge)
Click to Enlarge Name: PVSRA AU 19 Oct.png Size: 36 KB
~I'll take 5 pips or whatever I can~
  • #4,970
  • Oct 19, 2016 10:20am Oct 19, 2016 10:20am
UJ M1 FIFO Scalp +20 (avg. +4 @ 5 lots) A bit risky pre-news coming from a M5 retrace from 103.400 with all ema's headed down with nice angle as PA found resistance at 103.400 so dropped down to M1 for entry.....made some pips but not a shinning trade for sure.....
Attached Image (click to enlarge)
Click to Enlarge Name: Snapshot2016-10-19_08-21-03_USDJPYi_M1_.png Size: 63 KB
Keep It Simple
  • #4,971
  • Oct 19, 2016 10:32am Oct 19, 2016 10:32am
how get these dot'ed lines like on your chart ? I downloaded latest files and scalping template, but i get only few lines every 25 pips..
  • #4,972
  • Oct 19, 2016 10:35am Oct 19, 2016 10:35am
Quoting karolisl
how get these dot'ed lines like on your chart ? I downloaded latest files and scalping template, but i get only few lines every 25 pips..
If I understand you correctly.....that is the SweetSpot Gold indicator in the above paper clip.
Keep It Simple
  • #4,973
  • Oct 19, 2016 10:37am Oct 19, 2016 10:37am
Quoting cigarguy
UJ M1 FIFO Scalp +20 (avg. +4 @ 5 lots) A bit risky pre-news coming from a M5 retrace from 103.400 with all ema's headed down with nice angle as PA found resistance at 103.400 so dropped down to M1 for entry.....made some pips but not a shinning trade for sure..... {image}
Niceee pips My Friend
1 simple mistake makes you become 1000x better.
  • #4,974
  • Oct 19, 2016 10:39am Oct 19, 2016 10:39am
Quoting oswell
{quote} Niceee pips My Friend
oswell,

Thanks made some pips but not a scalp that I am pleased with.......
Keep It Simple
  • #4,975
  • Oct 19, 2016 10:39am Oct 19, 2016 10:39am
These lines and these boxes..

Attached Image (click to enlarge)
Click to Enlarge Name: Snapshot2016-10-19_08-21-03_USDJPYi_M1_.png Size: 203 KB
  • #4,976
  • Oct 19, 2016 10:39am Oct 19, 2016 10:39am
Hi guys.

I'm new to PVSRA scalping and have been studying the thread to get an idea of how to trade as the MM's.

I want to share a trade i made on the USDCAD moments ago.

Reasons why i entered:
- There was a strong clear downmove without any real retraces on the pair following the news
- The price started to slow down in an area with both a quarter number, RDL and S2
- Volume to the upside started showing indicating a possible reversal

I entered pretty early at the end of an engulfing green candle.
To make the trade less risky i should probaly have waited untill price broke the dragon - but fortunately the trade went in my favor, and i bagged 33 pips in 9 min.

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 87 KB
  • #4,977
  • Oct 19, 2016 10:44am Oct 19, 2016 10:44am
Quoting mortentrap
Hi guys. I'm new to PVSRA scalping and have been studying the thread to get an idea of how to trade as the MM's. I want to share a trade i made on the USDCAD moments ago. Reasons why i entered: - There was a strong clear downmove without any real retraces on the pair following the news - The price started to slow down in an area with both a quarter number, RDL and S2 - Volume to the upside started showing indicating a possible reversal I entered pretty early at the end of an engulfing green candle. To make the trade less risky i should probaly have...
mortentrap,

Welcome and nice start as you caught notable MM bullish volume taking you quickly to your t/p at the 200 ema area.......I saw some of your prior trades and I think you will do better by dropping those lagging squiggly lines and trade with the MM's aka Institutions & Smart Money as you learn how the market really works........
Keep It Simple
  • #4,978
  • Oct 19, 2016 10:46am Oct 19, 2016 10:46am
Quoting mortentrap
Hi guys. I'm new to PVSRA scalping and have been studying the thread to get an idea of how to trade as the MM's. I want to share a trade i made on the USDCAD moments ago. Reasons why i entered: - There was a strong clear downmove without any real retraces on the pair following the news - The price started to slow down in an area with both a quarter number, RDL and S2 - Volume to the upside started showing indicating a possible reversal I entered pretty early at the end of an engulfing green candle. To make the trade less risky i should probaly have...
Nice one , huge pips you got there , stay GREEN
1 simple mistake makes you become 1000x better.
  • #4,979
  • Oct 19, 2016 10:52am Oct 19, 2016 10:52am
Quoting karolisl
These lines and these boxes.. {image}
The M Candles indicator in the above paper clip and the blue rectangles I draw with another program.
Keep It Simple
  • #4,980
  • Edited 11:34am Oct 19, 2016 11:02am | Edited 11:34am
You see posts suddenly increased, I will use this as a sentimental indicator for a great trend is over and reverse, plan to ....
PS: Here it is Too good to be true!
Attached Image (click to enlarge)
Click to Enlarge Name: EURJPYM1.png Size: 45 KB
Be a spectator, not a player
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