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PVSRA Scalping with Cigarguy

  • #5,001
  • Edited 7:47am Oct 20, 2016 7:27am | Edited 7:47am
GBPUSD +5
Was rejecting a retrace back to the dragon and also was trading around a strong support/resistance area as shown to the left of the chart. Going to sit on the sidelines for a bit now as news comes out.

USDCAD +6.8
Anytime candles are approaching a day high or low, it's a good time to be watching closely for some action. Same thing goes for round numbers
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  • #5,002
  • Oct 20, 2016 7:49am Oct 20, 2016 7:49am
EURUSD M1 +60PIPS in total (avg. +6pips @10LOTS)

Very risky FIFO trade.... What a ride
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  • #5,003
  • Oct 20, 2016 8:07am Oct 20, 2016 8:07am
Hello Cigarguy, been studying the PVSRA system since sunday and i want to say it really great...
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It's not how much U make, but how much U keep
  • #5,004
  • Edited 8:49am Oct 20, 2016 8:30am | Edited 8:49am
If you want to catch a big ride, first thing you want to know is how many pips you can afford to lose
Surly, shocked by the spike, close early
This is a real robbery

Lesson: RISKY
Attached Image (click to enlarge)
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Be a spectator, not a player
  • #5,005
  • Oct 20, 2016 8:36am Oct 20, 2016 8:36am
GJ +8.9

-Increasing of Bullish Volume but no bullish momentum follow through.
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1 simple mistake makes you become 1000x better.
  • #5,006
  • Oct 20, 2016 9:09am Oct 20, 2016 9:09am
USDJPY M1 +5PIPS

Reasons for going LONG
- Dragon moving up
- PA being traded above 200EMA
- Waited for some consolidation after a green candlestick with high volume. After I saw that PA broke the previous high (look left), I entered.
Got my target and exited
Attached Image (click to enlarge)
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  • #5,007
  • Oct 20, 2016 9:12am Oct 20, 2016 9:12am
Quoting wiserltz
If you want to catch a big ride, first thing you want to know is how many pips you can afford to lose Surly, shocked by the spike, close early This is a real robbery Lesson: RISKY {image}
OMG! I don't think my account would be able to hold that! But well done brother, but as you said, it is super risky.
  • #5,008
  • Oct 20, 2016 9:16am Oct 20, 2016 9:16am
AU M1 +5 pips

Another AU trade @ M1 successfully executed! Hopefully more trades like this will continue in the future
Attached Image (click to enlarge)
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~I'll take 5 pips or whatever I can~
  • #5,009
  • Oct 20, 2016 9:29am Oct 20, 2016 9:29am
Quoting Pippopotamus
{quote} Do you ever post live trades? Would make your fantastic results more believable. Best Wishes, and many green pips to you...
Pippopotamus,

If you would have observed our many charts you would have noticed that a yellow flag appears after each trade that shows the + / - pips for that trade using our PVSRA Trade Levels Indicator.

We do not post live trades as we are NOT A TRADE CALL SERVICE and FIFO scalping is most often very fast requiring quick trade management and no time to post.
Keep It Simple
  • #5,010
  • Oct 20, 2016 9:32am Oct 20, 2016 9:32am
PVSRA Scalpers,

Welcome to our new scalpers...... You are all killing it today.....
Keep It Simple
  • #5,011
  • Oct 20, 2016 9:32am Oct 20, 2016 9:32am
Quoting robmagario
{quote} OMG! I don't think my account would be able to hold that! But well done brother, but as you said, it is super risky.
This kind of risk is always there, even scalpinging, we do have some time exposuring to market. Some guy sugest to place a reverse order at some "ridiculous" price,
sounds good, but too inconvenient, never try that
Be a spectator, not a player
  • #5,012
  • Oct 20, 2016 9:45am Oct 20, 2016 9:45am
PVSRA Scalpers trading Demo Accounts,

This is just my opinion and of course the decision is up to you but I would migrate away from demo trading as soon as you feel comfortable going live. I have personally found that demo trading can be a hindrance to your trading and learning progression. I recommend opening a live account no matter how small just to have the ability to PULL THE TRIGGER WITH REAL MONEY AT STAKE.

I have observed some reckless entries because of the DEMO Mind Set (not real money) that probably would not have been taken trading live. There is totally a different mind set when trading live vs demo and trading demo can lead to some very bad habits.

Just my opinion based on observing many trades......Hoping all stay GREEN and Keep It Simple.....
Keep It Simple
  • #5,013
  • Oct 20, 2016 10:05am Oct 20, 2016 10:05am
UJ M1 Very FIFO Scalp (approx 1 minute) +23 (avg. +4.6 @ 5 lots) See chart for explanation.
Attached Image (click to enlarge)
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Attached Image
Keep It Simple
  • #5,014
  • Oct 20, 2016 10:11am Oct 20, 2016 10:11am
Quoting cigarguy
PVSRA Scalpers trading Demo Accounts, This is just my opinion and of course the decision is up to you but I would migrate away from demo trading as soon as you feel comfortable going live. I have personally found that demo trading can be a hindrance to your trading and learning progression. I recommend opening a live account no matter how small just to have the ability to PULL THE TRIGGER WITH REAL MONEY AT STAKE. I have observed some reckless entries because of the DEMO Mind Set (not real money) that probably would not have been taken trading live....
I do agree with what you've mentioned above cigarguy FYI I'm demoing on a live account Starting with small lots though...
~I'll take 5 pips or whatever I can~
  • #5,015
  • Oct 20, 2016 10:22am Oct 20, 2016 10:22am
Quoting Ropoy
{quote} I do agree with what you've mentioned above cigarguy FYI I'm demoing on a live account Starting with small lots though...
So you are NOT on a demo account but trading LIVE.......Good as no matter how small you will have a different mind set then trading on a demo. I have observed live traders progress much faster with much better results then those trading demos for long periods of time entering wild trades and making play money and then go bust when going live.....

Of course it's up to each trader to trade as they choose..
Keep It Simple
  • #5,016
  • Oct 20, 2016 10:34am Oct 20, 2016 10:34am
Quoting cigarguy
UJ M1 Very FIFO Scalp (approx 1 minute) +23 (avg. +4.6 @ 5 lots) See chart for explanation. {image} {image}
Been doing it on live but i guess equity matters..
It's not how much U make, but how much U keep
  • #5,017
  • Oct 20, 2016 10:45am Oct 20, 2016 10:45am
Quoting akiga
{quote} Been doing it on live but i guess equity matters..
akiga,

Your equity is your personal business ........All we discuss here is pips to monitor if new traders are on track with their learning curve and for all to learn from each other as we never discuss money.

The trader trading for cents will get the same respect and help as those trading standards, we don't concern ourselves with account sizes/balances.......That is personal and none of our business.......
Keep It Simple
  • #5,018
  • Oct 20, 2016 11:22am Oct 20, 2016 11:22am
UJ M1 FIFO Scalp +32 (avg. +3.2 @ 10 lots) See chart as very little MM momentum this time of day after LC.....
Attached Image (click to enlarge)
Click to Enlarge Name: Snapshot2016-10-20_09-28-34_USDJPYi_M1_.png Size: 53 KB
Keep It Simple
  • #5,019
  • Oct 20, 2016 11:45am Oct 20, 2016 11:45am
Quoting thilord
EURUSD M1 +60PIPS in total (avg. +6pips @10LOTS) Very risky FIFO trade.... What a ride {image}
super risky but well done!
  • #5,020
  • Oct 20, 2016 12:02pm Oct 20, 2016 12:02pm
[quote=akiga;9208989[highlight=Yellow]]Hello Cigarguy, been studying the PVSRA system since sunday and i want to say it really great..
akiga,

Nice to hear our scalping system is working for you.....
Keep It Simple
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