PVSRA Scalping with Cigarguy

Thanks again for your time and help....

hello jurne

your explanation was that price broke 200 ema with bullish vol

i have uploaded a picture showing price breaking the 200 ema with bullish vol as well [i circled in blue]

why did you not enter at those areas?

thanks

Hi there...
I big fans PVSRA also TAH before..
I have question for your Cigarguy what setting MA you used for analysis PVSRA ? cause i have limited to stay online on PC which i have lot time to trading on my android.
Also what technical indicator should i use for PVSRA ?
What timeframe should i used for bigger picture ?

Could you share more for smartphone trading user..
Thanks for your answer and please accept my sincere apologies... (anyone can help me too)

AudUsd short 5 pips.

Smart for using the mini charts for conformation Although not a PVSRA indicator this one is cceptable for posting as screen real estate is sometimes limited for some with one monitor or laptop.

EurGbp short 5 pips

Thanks Am trading from laptop only, so i guess my current chart is approved If any indicator needs to be removed pls tell me, i will do so, thread integrity should remain intact

Another EurGbp short 5 pips.

UsdJpy long 5 pips

USDJPY 2 trades, 1M total +6PIPS

Reasons for going LONG +1PIP
1st trade
- Since there was a red candlestick that failed to break the 200EMA, I targeted a rebounce back to Dragon
The rebounce came and I closed it (should have stayed longer but I got a bit scared)

Reasons for going LONG +5PIPS
2nd trade
- I knew PA was bullish as it has failed to break the 200EMA and it became bullish again after that
- Moreover after that a green candlestick and another red candlestick showed high volume and trend continued bullish
- The inclination of Dragon was so so, but PA had been bullish for long enough
- Entered after a blue candle with high volume
Reached my target and exited it.

AudUsd short 5 pips

Hello cg and rob,

I have been off for a while as I changed broker, well, I kept the other one for accounting purposes, but because I initiated the procedures last Friday during I believe the NY session, I finally got my new ECN Live account and yes indeed there are some differences between the one I am putting aside and this one, just as I suspected, as I was comparing how PA is depicted in the two different supposedly live ECN accounts. Am I glad I made the switch. Outside this thread, I would never have come across that broker. For the name of that broker, talk to cg in private and he will point you in the right direction.

On the other note, I liked so much the lower spreads and commissions that I wanted to open my trading day with a pair that has a more than average volatility, GN.

The problem with that pair is that when the trading day starts (Sydney), the spread is just too high for scalpers. Normally with GA the spread comes back to normal after the first hour or so. Well it has been over 3 hours now and the spread is finally resuming to normal size. All this time, I could have worked in UJ and make some bee stinging during the same period.

Some might say it was a total loss of perfect good time, but I learned from it. Once again, greed took a hold of me and instead of making great pips, I was making great nothing even though GN was doing great if you do not consider spread cost. Another lesson learned. I am sharing especially for those who would be tempted to do the same. Stick to what works and has worked for the pros for a long time.

I'm stalking UJ now, you bet!

and hello, jurn_e

UJ M1 FIFO Scalp +24 (avg. +4.8 @ 5 lots) See chart and I forgot to comment on the t/p as the 200 ema was there as well......I see it's on a nice bullish run now and left lots on the table, but that's OK no need to be greedy as many more set ups to come.....Hind sight is always 20/20......

I exited prematurely as I thought PA was to bounce south off EMA(200). Still managed to be profitable. Off to a new start: i win, 0 losses

Same trade.....BTW...for posting purposes for all to see your charts it is helpful to close you order window top left....

Example for HOW to waste a good opportunity

Sure thing, my baddd!

I'm going to use a depth of market floating window instead which will not show in any pictures

The current CSM but remember this has a short shelf life and not to be used for buy/sell signals only for a heads up for pairs to stalk for entries....