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PVSRA Scalping with Cigarguy

  • #5,981
  • Nov 30, 2016 4:45pm Nov 30, 2016 4:45pm
Quoting Trinquete
Another go for +1.4 {image} PD: Have an excellent Mentor Cigarguy. All this is thanks to your effort to teach us your way to trade.
Thanks for the kind words....Glade our system is working for you..
Keep It Simple
  • #5,982
  • Nov 30, 2016 4:52pm Nov 30, 2016 4:52pm
I have to thank to cigarguy all the good things that are happening to me with my trading these days. I have exponentially raised my level of trading to the next level thanks to its thread and its advices. I am grateful to have found your thread and to such good people as you who every day complement your effort to help others. Thanks and hope in the future to be a good contribution too.

PS: sorry for my English, it's not my main language
  • #5,983
  • Nov 30, 2016 10:02pm Nov 30, 2016 10:02pm
UJ M1 +5 pips

First trade for this month! PA is below 'Dragon' and 200EMA and it broke 114.300. Right after entering there was a short pullback to 'Dragon' but I stayed on because I was positive that PA will surely bounce back into the trade . Got my TP and exited!
Attached Image (click to enlarge)
Click to Enlarge Name: PVSRA UJ M1 1 Dec.png Size: 42 KB
~I'll take 5 pips or whatever I can~
  • #5,984
  • Nov 30, 2016 10:16pm Nov 30, 2016 10:16pm
Quoting Ropoy
UJ M1 +5 pips First trade for this month! PA is below 'Dragon' and 200EMA and it broke 114.300. Right after entering there was a short pullback to 'Dragon' but I stayed on because I was positive that PA will surely bounce back into the trade . Got my TP and exited! {image}
Very good trade! PA never broke Dragon upwards, so it was the correct decision to stay in!
  • #5,985
  • Edited Dec 1, 2016 3:09am Nov 30, 2016 10:25pm | Edited Dec 1, 2016 3:09am
Quoting Rmieck
{quote} Thank you very much Rob for the explanation and for your input on that chart. Another question, when you state "same direction that Dragon is moving" you mean for the past 1,2 or even 3 hours, correct? Now, when you talk about structure, what do you mean precisely? S&R, being them RDH, RWH, RDL, RWL, previous bounces becoming S&R, formation of tops/bottons I'm adding a pic for these question in order to try to show you what are some of the structures behind my thinking process. I know It's a mess, but...
Not really. When I talk about 1, 2 or even 3 hours on my trades, I am not talking about Dragon.
When I say 1, 2 or 3 hours, I am looking at H1, and I look at how the hourly candle is behaving. So I am looking at candlesticks.
In addition to this, I also look at Dragon.
When I say the direction of Dragon I am mainly looking at that specific hour.

As for structure, I mean any structure as long as it is simple. Some of my friends trade harmonic patterns like Bat, Cypher, Gartley, etc. I don't see complex ones like those, but I pay attention at the structure that is formed by S/R. So I mean exactly what you wrote.

I think the chart you drew makes a lot of sense. Well done! It explains the concept of PVSRA at one glance.
Rob
  • #5,986
  • Nov 30, 2016 10:26pm Nov 30, 2016 10:26pm
Quoting robmagario
{quote} Very good trade! PA never broke Dragon upwards, so it was the correct decision to stay in!
Thanks!
~I'll take 5 pips or whatever I can~
  • #5,987
  • Dec 1, 2016 12:15am Dec 1, 2016 12:15am
UJ M1 +5 pips (2nd trade)

Another UJ trade for today I waited for a pullback after PA broke RWH ...got my pullback got on with the trend and got my target (but not without another pullback ).
Attached Image (click to enlarge)
Click to Enlarge Name: PVSRA UJ M1 1 Dec trade2.png Size: 43 KB
~I'll take 5 pips or whatever I can~
  • #5,988
  • Dec 1, 2016 12:55am Dec 1, 2016 12:55am
Hi everyone, i'm back in the game for those remenber me ^^
Trade explanation on chart.
Attached Image (click to enlarge)
Click to Enlarge Name: back.jpg Size: 338 KB
There is no way to happiness , happiness is the way.
  • #5,989
  • Dec 1, 2016 1:00am Dec 1, 2016 1:00am
I read sometimes ago that there was some problems with orderoncharts, are you using it again ?
Attached Image
There is no way to happiness , happiness is the way.
  • #5,990
  • Dec 1, 2016 1:14am Dec 1, 2016 1:14am
Quoting robmagario
{quote} Hi Rmiek, Thanks for your message and chart. First of all, I think the reason you have questions is because here we have multiple ways to analyze PVSRA (I imagine the original thread by TAH also does that, but I haven't read all the posts there actually) . As Cigarguy always says, this is more like an art instead of a single strategy. For example, most of the time I like to trade in the direction of Dragon, but sometimes I also trade the bounce back to it. A few ways to see PVSRA would be 1) PA breaks Dragon with high volume on the same...
Great explanation bro
Pivot Boss in the making~
  • #5,991
  • Dec 1, 2016 1:21am Dec 1, 2016 1:21am
It's been a while since my last post.
Here's my trade today.

Price broke key level 25 with volume, dragon trending.
Waited for pullback to 200ema , bounce off 200ema with volume and add a pinch of subtle divergence in RSI (3).
Scalp long FIFO.
Attached Image (click to enlarge)
Click to Enlarge Name: Flatwhite_scalp35.PNG Size: 59 KB
Pivot Boss in the making~
  • #5,992
  • Dec 1, 2016 2:37am Dec 1, 2016 2:37am
FIFO scalp long bounce off 200ema
Attached Image (click to enlarge)
Click to Enlarge Name: Flatwhite_scalp36.PNG Size: 63 KB
Pivot Boss in the making~
  • #5,993
  • Dec 1, 2016 2:42am Dec 1, 2016 2:42am
Quoting robmagario
{quote} Not really. When I talk about 1, 2 or even 3 hours on my trades, I am not talking about Dragon. When I say 1, 2 or 3 hours, I am looking at H1, and I look at how to hourly candle is behaving. So I am looking at candlesticks. In addition to this, I also look at Dragon. When I say the direction of Dragon I am mainly looking at that specific hour. As for structure, I mean any structure as long as it is simple. Some of my friends trade harmonic patterns like Bat, Cypher, Gartley, etc. I don't see complex ones like those, but I pay attention...
You helped a lot Rob, cleared some big doubts.

Thanks again for your support and patience!
  • #5,994
  • Dec 1, 2016 2:58am Dec 1, 2016 2:58am
Scalp short after price failed to break key level 50
Attached Image (click to enlarge)
Click to Enlarge Name: Flatwhite_scalp37.PNG Size: 64 KB
Pivot Boss in the making~
  • #5,995
  • Dec 1, 2016 3:02am Dec 1, 2016 3:02am
USDJPY 1M +5PIPS

Reasons for entering LONG
- Dragon was moving up and inclination was good
- PA was bullish for almost 2 hours looking at H1
- I noticed that there was a red candle that tried to break Dragon downwards and after that PA became bullish again
- Entered on a green candle with high volume after PA broke the previous high
Got my target and exited
Attached Image (click to enlarge)
Click to Enlarge Name: usdjpy-m1-ftt-sweden-ab.png Size: 51 KB
  • #5,996
  • Dec 1, 2016 3:05am Dec 1, 2016 3:05am
Quoting Ockham
I read sometimes ago that there was some problems with orderoncharts, are you using it again ? {image}
I have been using the OrderOnChart_v2.5 version and so far I haven't experienced any issues yet.
Rob
  • #5,997
  • Dec 1, 2016 3:08am Dec 1, 2016 3:08am
Quoting robmagario
USDJPY 1M +5PIPS Reasons for entering LONG - Dragon was moving up and inclination was good - PA was bullish for almost 2 hours looking at H1 - I noticed that there was a red candle that tried to break Dragon downwards and after that PA became bullish again - Entered on a green candle with high volume after PA broke the previous high Got my target and exited {image}
Red candle that can't break the dragon, typical failed bearish volume. Show that bulls in control.
Then break of the resistance with Volume and entry long.
Classic entry bro.
Pivot Boss in the making~
  • #5,998
  • Dec 1, 2016 3:31am Dec 1, 2016 3:31am
Quoting jurn_e
It's been a while since my last post. Here's my trade today. Price broke key level 25 with volume, dragon trending. Waited for pullback to 200ema , bounce off 200ema with volume and add a pinch of subtle divergence in RSI (3). Scalp long FIFO. {image}
Nice trade! Very well spotted!
  • #5,999
  • Dec 1, 2016 5:07am Dec 1, 2016 5:07am
Quoting robmagario
{quote} I have been using the OrderOnChart_v2.5 version and so far I haven't experienced any issues yet. Rob
ok thanks Rob, if anyone else reports some issues i will give a try.
There is no way to happiness , happiness is the way.
  • #6,000
  • Dec 1, 2016 5:15am Dec 1, 2016 5:15am
Quoting Ockham
{quote} ok thanks Rob, if anyone else reports some issues i will give a try.
I have had no issues and works well for me, but with all indicators & EA''s use at your own risk,,,
Keep It Simple
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