PVSRA Scalping with Cigarguy | Page 252 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

PVSRA (Price, Volume, S&R Analysis) 8,492 replies

PVSRA Scalping EA 1,290 replies

PVSRA Scalping 13 replies

Scalping M5 with PVSRA / 10pips Daily 64 replies

PVSRA Scalping 0 replies

Attachments: PVSRA Scalping with Cigarguy
Exit Attachments

PVSRA Scalping with Cigarguy

  • #5,021
  • Oct 20, 2016 10:03am Oct 20, 2016 10:03am
EURUSD M1 +42PIPS in total (avg. +4.2pips @10LOTS)

- Bullish trend on M1
- Entered right below the 200EMA (previous candle, testing to go above the 200EMA but pulled back... volume did increase and then it stalled)

I think i got lucky with this one, although they're elements matching the PVSRA trading
Attached Image (click to enlarge)
Click to Enlarge Name: Schermafbeelding 2016-10-20 om 18.52.41.png Size: 77 KB
  • #5,022
  • Oct 20, 2016 11:18am Oct 20, 2016 11:18am
Quoting Ivanyo
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 {image} {image}
Ivanyo,

Welcome.....
Keep It Simple
  • #5,023
  • Oct 20, 2016 11:21am Oct 20, 2016 11:21am
Complete west of time.
MA provides the market's current direction and strength.
  • #5,024
  • Oct 20, 2016 11:26am Oct 20, 2016 11:26am
Quoting hasib
Complete west of time.
hasib,

Welcome to our PVSRA scalping thread......but don't quiet understand your comment as I see that you subscribed.....
Keep It Simple
  • #5,025
  • Oct 20, 2016 11:35am Oct 20, 2016 11:35am
Quoting cigarguy
{quote} hasib, Welcome to our PVSRA scalping thread......but don't quiet understand your comment as I see that you subscribed.....
I have read the PDF but I don't understand anything. you only talk about market manipulation. what are the entry and exit rules. if possible can you create a video so that we can see how you trade.
MA provides the market's current direction and strength.
  • #5,026
  • Oct 20, 2016 11:46am Oct 20, 2016 11:46am
I this system is simple system, and all these indicators are not needed..

1. EMA shows what was before selected time period, but not what will be, so it's not needed..
2. S/R levels every 10 or 25 pips.. wtf ? S/R levels are dynamic. It can't be indicator selected number on chart.. And all i think know, that in spot forex price always overshoot S/R..
3. Coloured candles.. What it gives ? I think nothing..

All you need is naked bar or candle chart with simple volume. And these two things will show you everything you need to trade profitable.. And not on 1 min charts.. 1 min charts are only noise..
  • #5,027
  • Edited 12:57pm Oct 20, 2016 12:26pm | Edited 12:57pm
Quoting hasib
{quote} I have read the PDF but I don't understand anything. you only talk about market manipulation. what are the entry and exit rules. if possible can you create a video so that we can see how you trade.
hasib,

Obviously you did not read the PDF's and follow the links at Post #1 and take time to do any homework prior to your post or you would not be asking these silly questions.

If you are really interested in learning our system then start your journey at post #1 and study the many post with great explanations as all here that are successful once did.

Scalping PVSRA is a art form and there are no short cuts. It requires study and practice to become a successful PVSRA scalper........
Keep It Simple
  • #5,028
  • Oct 20, 2016 12:37pm Oct 20, 2016 12:37pm
Quoting karolisl
I this system is simple system, and all these indicators are not needed.. 1. EMA shows what was before selected time period, but not what will be, so it's not needed.. 2. S/R levels every 10 or 25 pips.. wtf ? S/R levels are dynamic. It can't be indicator selected number on chart.. And all i think know, that in spot forex price always overshoot S/R.. 3. Coloured candles.. What it gives ? I think nothing.. All you need is naked bar or candle chart with simple volume. And these two things will show you everything you need to trade profitable.. And...
karolisl,

I see from your past posts that you are attempting to learn VSA not to be confused with our PVSRA thread......Good Luck...
Keep It Simple
  • #5,029
  • Oct 20, 2016 5:54pm Oct 20, 2016 5:54pm
USDJPY (5+1.5)x3

First trade posted here. Decided to post most of my trades from now on, winners and losers.
Very high volume on top, and slightly lower second maximum to confirm. Should have waited for the price to go further down probably, but was happy with those pips.
Attached Image (click to enlarge)
Click to Enlarge Name: USDJPYM1.png Size: 45 KB
  • #5,030
  • Oct 20, 2016 7:15pm Oct 20, 2016 7:15pm
Quoting karolisl
I this system is simple system, and all these indicators are not needed.. 1. EMA shows what was before selected time period, but not what will be, so it's not needed.. 2. S/R levels every 10 or 25 pips.. wtf ? S/R levels are dynamic. It can't be indicator selected number on chart.. And all i think know, that in spot forex price always overshoot S/R.. 3. Coloured candles.. What it gives ? I think nothing.. All you need is naked bar or candle chart with simple volume. And these two things will show you everything you need to trade profitable.. And...
My option:
Surly EMA shows before not the future, who knows. It is simple tool everybody use, some kind of self-actualization?
S/R levels are dynamic, but they dynamic in 10 or 25 step, people want to make things simple, right?
Colored candles has two meanings. Trick retailer with the color, expose their real purpose, and the purpose may change during the progress.
Volume is not the real volume, only ticks, it is only some kind of liquidity , sometime it works sometimes not.

So there won't be any method 100% usable, and if there is, the market maker will hunt for that and make the method totally useless.
Be a spectator, not a player
  • #5,031
  • Edited 11:07pm Oct 20, 2016 7:21pm | Edited 11:07pm
Missed the discussion of demo account.
IMO, demo account is good for learning the UI & basic trading skill, someone suggested not longer than 1 month. As Cigarguy said, you will learn faster with "Real Money" Sentiment is one of the most important things here. Since sentiment is different, why not download tick data here, http://www.strategyquant.com/, then convert that to TIME FRAME you like, this will be a more time effective way I think.
Attached Image (click to enlarge)
Click to Enlarge Name: 无标题.png Size: 206 KB
Be a spectator, not a player
  • #5,032
  • Oct 20, 2016 7:33pm Oct 20, 2016 7:33pm
GU M1 +5 pips

Oh my!!! This is one ridiculous trade . I had no idea that price was going to bounce/retrace that high. This is an example of a trade that I don't want to be in again. It's a good thing that there was strong resistance above otherwise I would've ended in a loss. How would you have taken this kind of trade "cigarguy"? Anyone...seniors? This rookie needs some words of wisdom.
Attached Image (click to enlarge)
Click to Enlarge Name: PVSRA GU M1 21Oct.png Size: 40 KB
~I'll take 5 pips or whatever I can~
  • #5,033
  • Oct 20, 2016 8:26pm Oct 20, 2016 8:26pm
Quoting cigarguy
{quote} hasib, Obviously you did not read the PDF's and follow the links at Post #1 and take time to do any homework prior to your post or you would not be asking these silly questions. If you are really interested in learning our system then start your journey at post #1 and study the many post with great explanations as all here that are successful once did. Scalping PVSRA is a art form and there are no short cuts. It requires study and practice to become a successful PVSRA scalper........
Absolutly agree. It still amazes me that some traders go to school for years to learn their profession, but in trading they think that first fast reading in one day will make them a trader. It takes at least many months of serious studiying to become good trader and definitly no shortcuts and skipping homework.
The more reading and studiying, the better. PDFs may not be enough and all the posts in PVSRA threads might help too.
PVSRA
  • #5,034
  • Edited 9:30pm Oct 20, 2016 8:31pm | Edited 9:30pm
Quoting Ropoy
GU M1 +5 pips Oh my!!! This is one ridiculous trade . I had no idea that price was going to bounce/retrace that high. This is an example of a trade that I don't want to be in again. It's a good thing that there was strong resistance above otherwise I would've ended in a loss. How would you have taken this kind of trade "cigarguy"? Anyone...seniors? This rookie needs some words of wisdom. {image}
Just mine:
See these circles, some hints that the price is highly manipulated, anything can happens. Take care
I won't touch this pair, I haven't got so much money and big strong heart
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDM1.png Size: 63 KB
Be a spectator, not a player
  • #5,035
  • Edited 9:30pm Oct 20, 2016 8:36pm | Edited 9:30pm
Quoting Fisher755
{quote} Absolutly agree. It still amazes me that some traders go to school for years to learn their profession, but in trading they think that first fast reading in one day will make them a trader. It takes at least many months of serious studiying to become good trader and definitly no shortcuts and skipping homework. The more reading and studiying, the better. PDFs may not be enough and all the posts in PVSRA threads might help too.
See those thousands lines of source code, by TAH and others. They should deserve many carefully reading hours
Be a spectator, not a player
  • #5,036
  • Edited 9:02pm Oct 20, 2016 8:40pm | Edited 9:02pm
Quoting wiserltz
{quote} Just mine: See these circles, some hints that the price is highly manipulated, anything can happens. Take care {image}
GU comment


No matter if scalping or intraday or higher TF trading with PVSRA it is much better to look at higher TFs to see where PA stands there. ATM GU is at 30years lows and here will be highest manipulation because MMs do not want traders to profit from the lows once they start the damn thing up and so they will whip and whack quite a long time here to shake off most of the traders and get very nice liquidity for quick and sharp move up. Whenever it happens.
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDiDaily.png Size: 58 KB


EDIT:
It may or may not have started in GN already, but this is how it looks like...
Attached Image (click to enlarge)
Click to Enlarge Name: GBPNZDiH1.png Size: 79 KB

Attached Image (click to enlarge)
Click to Enlarge Name: GBPNZDiDaily.png Size: 61 KB

Notice that MMs started PA up to sucker longs too soon and stop hunted afterwards...up again and stop hunt again...rinse and repeat- this is how they get liquidity for nice longs...the more times this process of sucking too soon and stop hunting is repeated, the better liquidity MMs gain from all this whipping and whacking. They will do this for as long as they want. Very nice visible on H1 chart.
PVSRA
  • #5,037
  • Oct 20, 2016 10:52pm Oct 20, 2016 10:52pm
Thanks guys for your valuable inputs (wiserltz & Fisher755). I'll be more careful in taking my trades. If that's possible...anyways...I guess that's how it is with trading.
~I'll take 5 pips or whatever I can~
  • #5,038
  • Oct 21, 2016 1:20am Oct 21, 2016 1:20am
Hi everyone.
I`ve watched this thread for some time and I decide to come out.
I scalping for a month. I found here a lot of useful knowledge.

First Trade today and first profit EJ +5,5

Regards
Attached Image (click to enlarge)
Click to Enlarge Name: 2016-10-21_101141.png Size: 30 KB
I`m limiting my Risk & trying maximize my profits.
  • #5,039
  • Edited 1:39am Oct 21, 2016 1:24am | Edited 1:39am
USDJPY + 5,7 pips

I took this trade after a pullback to the 200MA with notable volume at the top.
Then price broke back beneath the 50MA with high volume and significant strenght so i entered.
Turned out to not really be a FIFO as price retraced a bit after the strong downmove, but JPY strenght secured some pips
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 83 KB
  • #5,040
  • Edited 2:01am Oct 21, 2016 1:47am | Edited 2:01am
Many 1 pip scalping, my broker is happier than me
Finish the game, the real trend is coming...
Attached Image (click to enlarge)
Click to Enlarge Name: USDJPYM1H.png Size: 64 KB
Be a spectator, not a player
7 traders viewing now