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PVSRA Scalping with Cigarguy

  • #5,361
  • Nov 7, 2016 11:09am Nov 7, 2016 11:09am
Took +6,8 pips on short GBPUSD.

Reason for entering:

- Overall trend, CM strenght and MA's favoring a short
- Price got rejected at the RDL area
- Price broke back to trend (through 50 and 200 MA) with significant volume
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 91 KB
  • #5,362
  • Nov 7, 2016 11:26am Nov 7, 2016 11:26am
Quoting mortentrap
Took +6,8 pips on short GBPUSD. Reason for entering: - Overall trend, CM strenght and MA's favoring a short - Price got rejected at the RDL area - Price broke back to trend (through 50 and 200 MA) with significant volume {image}
Nice..
Keep It Simple
  • #5,363
  • Nov 7, 2016 11:35am Nov 7, 2016 11:35am
Quoting mortentrap
Took +6,8 pips on short GBPUSD. Reason for entering: - Overall trend, CM strenght and MA's favoring a short - Price got rejected at the RDL area - Price broke back to trend (through 50 and 200 MA) with significant volume {image}
Saw that one, but hate having Pound open when London closes
  • #5,364
  • Nov 7, 2016 11:52am Nov 7, 2016 11:52am
USDJPY 1M +5PIPS

Reasons for going SHORT
- Dragon moving down and the inclination was good
- PA broke Dragon
- PA broke 200EMA with high bearish volume and high momentum
Attached Image (click to enlarge)
Click to Enlarge Name: usdjpy-m1-ftt-sweden-ab.png Size: 51 KB
  • #5,365
  • Nov 7, 2016 12:26pm Nov 7, 2016 12:26pm
Quoting robmagario
USDJPY 1M +5PIPS Reasons for going SHORT - Dragon moving down and the inclination was good - PA broke Dragon - PA broke 200EMA with high bearish volume and high momentum {image}
Some nice trade Guys/Gals
Keep It Simple
  • #5,366
  • Nov 7, 2016 5:00pm Nov 7, 2016 5:00pm
I am still playing around with my sl exit and profit preferences, so far I am looking at 10 pips 1:1 RR.

Trading the downward momentum +10 -8 +10
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDM590.png Size: 60 KB
Dragon Rider
  • #5,367
  • Nov 7, 2016 10:26pm Nov 7, 2016 10:26pm
Quoting mortentrap
Took +6,8 pips on short GBPUSD. Reason for entering: - Overall trend, CM strenght and MA's favoring a short - Price got rejected at the RDL area - Price broke back to trend (through 50 and 200 MA) with significant volume {image}
Well done, but I would have entered on the second red huge candlestick that broke Dragon and also
broke the key support level.
  • #5,368
  • Nov 7, 2016 10:28pm Nov 7, 2016 10:28pm
Quoting Ropoy
{quote} Hi robmagario, As I've said earlier, I based my trade on the M15 TF and I was quite confident that PA will bounce up after it is rejected by 50EMA . That's how I look at it. About the stop loss? Well...let's just say that I have a mental SL in mind. Cheers...
Ropoy,
Well as long as you have a stop loss I guess it is great!
Well done!
Rob
  • #5,369
  • Nov 8, 2016 1:06am Nov 8, 2016 1:06am
Quoting cigarguy
{quote} Some nice trade Guys/Gals
hai robmgario, can i know your indicator list curency and indicator volume in your picture please
  • #5,370
  • Nov 8, 2016 1:13am Nov 8, 2016 1:13am
Quoting andrefx
{quote} hai robmgario, can i know your indicator list curency and indicator volume in your picture please
The one for currencies is the Currency Strength Meter.
The one for volume is just the one that Cigarguy provides in the zip file on the first post of this thread.
Rob
  • #5,371
  • Nov 8, 2016 2:58am Nov 8, 2016 2:58am
EU M1 +2 pips. Explaination on chart. Closed eary by mistake

Attached Image (click to enlarge)
Click to Enlarge Name: eurusdi-m1-08-11-16.png Size: 59 KB
  • #5,372
  • Nov 8, 2016 3:10am Nov 8, 2016 3:10am
Quoting Vape
EU M1 +2 pips. Explaination on chart. Closed eary by mistake {image}
Nice entry though!
  • #5,373
  • Nov 8, 2016 3:23am Nov 8, 2016 3:23am
Quoting Vape
EU M1 +2 pips. Explaination on chart. Closed eary by mistake {image}

I took the same trade... I was aiming for +5 pips but price turned.
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDM23231.png Size: 58 KB
Dragon Rider
  • #5,374
  • Nov 8, 2016 3:32am Nov 8, 2016 3:32am
Quoting mortentrap
{quote} Nice entry though!
  • #5,375
  • Nov 8, 2016 3:50am Nov 8, 2016 3:50am
Quoting barloc
{quote} I took the same trade... I was aiming for +5 pips but price turned. {image}
At least you got out with profit at the right time!
  • #5,376
  • Edited 6:11am Nov 8, 2016 5:47am | Edited 6:11am
Some nice trades Guys/Gals......Market will be wild after our Election ....
Keep It Simple
  • #5,377
  • Nov 8, 2016 6:13am Nov 8, 2016 6:13am
Total +1+5 +4

I was too late or too early on my second trade but price only went 4 pips against me, if I were trading the GBP/JPY that 4 pips would have been a 20 pips whipsaw or candle correction ..lol
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDM12323.png Size: 81 KB
Dragon Rider
  • #5,378
  • Nov 8, 2016 6:14am Nov 8, 2016 6:14am
USDJPY 2 trades 5.1PIPS

1st Trade - Reasons for entering LONG
- Entered a few candlesticks after I saw a huge green candlestick with high volume. I got bored and I exited when I saw a much small green candlestick with a smaller volume, so I guessed PA could go down after that, which it in fact did!

2nd Trade - Reasons for entering LONG
- I saw that PA got broken support resistance level 104.740 but then decided to wait for a retracement before doing anything.
- So the retracement happened, and I entered on high volume and high momentum after PA broke resistance level 104.750 again.
Got my target and exited
Attached Image (click to enlarge)
Click to Enlarge Name: usdjpy-m1-ftt-sweden-ab.png Size: 41 KB
  • #5,379
  • Nov 8, 2016 6:17am Nov 8, 2016 6:17am
Quoting barloc
Total +1+5 +4 I was too late or too early on my second trade but price only went 4 pips against me, if I were trading the GBP/JPY that 4 pips would have been a 20 pips whipsaw or candle correction ..lol {image}
barloc,

Your chart is nice and clean now providing all you need to trade with the MM's.......and some nice pips....
Keep It Simple
  • #5,380
  • Nov 8, 2016 6:17am Nov 8, 2016 6:17am
Quoting cigarguy
Some nice trades Guys/Gals......Market will be wild after our Election ....
Cigarguy, I wish you guys in the US a great election day!
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