PVSRA Scalping with Cigarguy

I know FF was down a couple of times yesterday for Updates and then their was a internet Gateway problem to accessing FF..... If anyone hears any information please post.....

Oh! I didn't notice that. Anyway...I always have another new window tab of www.forexfactory.com open just to look at the important red news
Maybe you guys can do that as well.

GU M1 FIFO Scalp +202 (avg. +10.1 @ 20 lots) Explanation on chart......Pretty good start for a Monday.....

Woah! That's a good one!

Thanks...Traded this one on my business account that is why I increased lots from my usual 5 or 10......

EU M1 +5 pips 3rd trade

Third EU trade for today! All conditions met (PA below (Dragon + 200EMA)) + PA broke previous low + volume/momentum = trade away!

GU M1 Very FIFO Scalp +60 (avg. +3 @ 20 lots) Explanation on chart, entered and closed quickly at this RDL......

Just to reiterate the key for me in making nice pips is quick FIFO scalps for small pips with nice sized lots with little market exposure for retraces and trend changes........Just my style, but each trader must find what works for them.......

GU M1 Very FIFO Scalp +124 (avg, +6.2 @ 20 lots) See chart posted a little late....Answering PM's why the increase in my lot size...I trade different mirrored accounts with the same PVSRA set ups but difference lot sizes. It has nothing to do with my faith in the trade. Sometimes yes but not relative to these posts.....

I am personally still stalking GU for a LC high momentum move at this level as it has been good to me today with some nice + pips, so I'm going to continue to watch for a bit....Time will tell.....

Same experience for me today.



Thanks
Saiffx

GU M5 FIFO Scalp +92 (avg. +4.6 @ 20 lots) Stalking paid off with the new hour candle move up from RDL as expected......

GU has been good to me today + 478 and now time for a cigar.....Stay GREEN and Keep It Simple My Friends and trade what you SEE not what you THINK.


Cigarguy

Hello Cigarguy,
I have come to Forex years ago with absolutely no pre knowledge whatsoever on how it worked but I saw a huge potential for profit. I did not know how and where to start, but the first thing I noticed in my various searches was that it seemed quite difficult to get to the truth on how it really works. Worse, was all the hypes provoked by people that seemed to aim at me for enrollment of some kind and sometimes for a hefty price too. They all have angles and yet sometimes there seemed to be the genuine guy who wanted to help by sharing for free from their knowledge. I tried a lot of systems to no avail because there is something I always thought was lurking behind the scene, meaning that I always have the impression that someone has knowledge of the positions I take and then goes the other way. Was it the brokers, or someone above the brokers? So many times I made analysis of charts to the best of my knowledge and when I thought I had a moment when now is the time to place an order... you know the rest I have been reading and studying TAH's forum and yours.
I must admit that I have been part of the problem all along because looking at any pairs, major and minor that is, and in any time frames, I always wanted to make the most of my entries by getting in as early as possible in order to make the largest profit as possible. The green monster, greed! And yet the lure is so tantalizing, and just like a fish would bite the hook because it seems good to eat. It is also pride. I thought myself smarter than most by trying to find the "maximus trading system".
As I am falling down, hitting the asphalt hard and breaking a few financial teeth in the process (lost a lot of money) as I read about the crooks of this market world, now I am beginning to realize that yes they were seeing me coming as they put all these lures, these traps and they were laughing all the way to themselves (the bank).
I became aware I think it was last month when a red news event occurred in one of the pairs, I wish I could recall which one it was, and all of the sudden, 8 minutes prior to the news supposedly coming out, 8 minutes, Pa suddenly went up like crazy for about 80 pips if I recall properly and then total calmness in the chart, the time time of the news release came and not impact on PA at that time and the question rose in me "How the f*** could they possibly know in advance the news release.
Reading TAH's pdf file an hour ago, I got my answer!

They did not need to know what the news event would be, adverse or for the base currency, it did not matter to them, they had the means to do as they pleased and to me me I can finally put it in words. The next question that arose was, "How to do you fight back?" Because I am no quitter and am a fighter at heart, although that heart of mine has taken a beating in surgery...

Now that pride has taken the beating this time as well as compulsive greed I am willing to listen to those that know at least where the pitfalls and the lures are, so that it can turn to profit based on patience, waiting for the right moment to get back what they stole from me and then some.

First things first, I know I have to study more within this forum and the one previous to this one because I do not fully understand PVSRA yet.

I am totally grateful for these posts yours and TAH's, that I want to become one of your best student

jpdlegault,

Welcome and thanks for taking the time to share your FX journey.

There is much here to study and absorb and as you have found it all begins at Post #1 and through out this thread as a PVSRA Textbook.

All are here to help and answer relevant questions....

Regards and looking forward to your contributions,

Cigarguy

TY! My contribution will then be to share 1. questions to see if I on the right track using charts 2. so that others facing the same dilemnas I or we are, we can all learn in the process and get back at them MM's for lack of another word

jpdlegault,

I see you are very much a detailed and analytical person, if I may, my first suggestion is to relax and don't over think trading as most do.

Trading is only as difficult as we make it. We should watch our charts looking for clues to trade with the MM'so as they show the way with their momentum .

PVSRA provides the tools necessary to gleam these clues allowing for profitable trades.

Regards,
Cigarguy

Analyzing then today's UJ's performance looking at this chart, considering that they all occur above 200 EMA, set up below 50 for the most part within the circles, the entries shown here are after a pb waiting for the candle that will go north in line with previous proper volume candles above 50 and MA ribbon. Would that be proper entry setups?

jpdlegault,

Yes....Nice chart depicting precise set ups...

I apologize for the somewhat abbreviated answers as I was on my cell....

jpdlegault,

It appears, from your chart that you use the ribbon and the MA twist in conjunction with our dragon/50 ema as a confirmation for retraces and/or trend change. I will watch this change on a test basis to see if it adds value.

Much earlier in the thread when I introduced that ribbon I was testing it's application as a stand alone in lieu of our dragon. You could be on to something using it as confirmation in conjunction with our dragon not in lie of.....Worth watching anyway thanks......