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PVSRA Scalping with Cigarguy

  • #6,001
  • Dec 1, 2016 3:32am Dec 1, 2016 3:32am
Quoting cigarguy
{quote} I have had no issues and works well for me, but with all indicators & EA''s use at your own risk,,,
yep as always ! thank you CG, will try on demo for some days even if i know problems never happen with demo
There is no way to happiness , happiness is the way.
  • #6,002
  • Dec 1, 2016 3:40am Dec 1, 2016 3:40am
What a fantastic core group of PVSRA Scalpers we have here as all helping each other ...great team work and congrats to all.....
Keep It Simple
  • #6,003
  • Dec 1, 2016 4:28am Dec 1, 2016 4:28am
Quite busy these days but am still sniping this one took few minutes back

EurGbp short 10 pips
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How big can you think!
  • #6,004
  • Dec 1, 2016 4:41am Dec 1, 2016 4:41am
Quoting Aar
Quite busy these days but am still sniping this one took few minutes back EurGbp short 10 pips {image}
Very nice entry with patience...
Keep It Simple
  • #6,005
  • Dec 1, 2016 4:50am Dec 1, 2016 4:50am
EU in a zone of congestion in M15
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Three failed up in M5
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Waiting like a sniper in M1 for a good setup to go short
  • #6,006
  • Dec 1, 2016 5:01am Dec 1, 2016 5:01am
EU +5, first entry. Análisis in the charts above.

In M1 broke dragon, ema 200 and Short term LT.

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  • #6,007
  • Dec 1, 2016 5:19am Dec 1, 2016 5:19am
Look how good work the EMA 200

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  • #6,008
  • Dec 1, 2016 5:32am Dec 1, 2016 5:32am
One last before news +2

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  • #6,009
  • Dec 1, 2016 7:12am Dec 1, 2016 7:12am
I missed the entry marked in red and take the next one before the news. TP +5

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  • #6,010
  • Dec 1, 2016 7:31am Dec 1, 2016 7:31am
Do not ask me why I didn´t close the trade when it was against me, but I had the strong bearish sentiment of the EU in M15, M5 and M1. Hit TP +5.
Done for today with +16.7

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  • #6,011
  • Dec 1, 2016 7:43am Dec 1, 2016 7:43am
Quoting Trinquete
EU +5, first entry. Anlisis in the charts above. In M1 broke dragon, ema 200 and Short term LT. {image}
Hi Trinquete, I believe your "2) Access Panel" indicator has the wrong time for Ny open... you might use http://www.forexmarkethours.com/ and figure it out your broker time.

I know you probably use CigarGuys template, but after not getting to work I found the last version of TAH's PVSRA template here:
http://pvsrainternationalwithtradera...196f60d7679914

My advise is If you do use that template, you'll need to add the other indicators manually and create a new template for that matter.

Hope that helps IF you like things visually working out like me

Edit.: Wrong Trade Pic
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  • #6,012
  • Edited 8:31am Dec 1, 2016 7:55am | Edited 8:31am
Quoting Rmieck
{quote} Hi Trinquete, I believe your "2) Access Panel" indicator has the wrong time for Ny open... you might use http://www.forexmarkethours.com/ and figure it out your broker time. I know you probably use CigarGuys template, but after not getting to work I found the last version of TAH's PVSRA template here: http://pvsrainternationalwithtradera...196f60d7679914 My advise is If you do use that template, you'll need to add the other indicators manually and create a new template...
Thanks for this post and updated information. I traded with TAH and the many excellent PVSRA traders since it's inception. I only added my personal FIFO scalping style and begin sharing it here when I started this thread.

The PVSRA indicators and templates have been updated and modified by TAH a few times after his departure from the FF and all coded with his and others expertise. I have applied these updates to some charts but not all and found most changes minor and some cases to be cosmetic and not affecting my PVSRA scalping.

One update deleted the option to choose the HA candles which I personally find helpful when scalping but not so much when position trading as TAH and most of his followers.

As a FIFO scalper my primary requirements are; key levels, volume and the 50 & 200 ema indicators.

I had many more successful FIFO scalps with minimal market exposure scalping small quick pips with increased lots.

Regards,
Cigarguy
Keep It Simple
  • #6,013
  • Dec 1, 2016 8:10am Dec 1, 2016 8:10am
Hi cigarguy

your method looks cool

I'm gonna try it. How about SL?

And your spread is really small, I need to change my broker
  • #6,014
  • Dec 1, 2016 8:42am Dec 1, 2016 8:42am
Quoting Eurickz
Hi cigarguy your method looks cool I'm gonna try it. How about SL? And your spread is really small, I need to change my broker
I only use a emergency hard stop and scalp with a mental stop based on S & R and carefully observe PA and momentum.

Each trader must find what works for them as trading is not a ONE SIZE FITS ALL BUSINESS...
Keep It Simple
  • #6,015
  • Dec 1, 2016 9:05am Dec 1, 2016 9:05am
Quoting cigarguy
{quote} Thanks for this post and updated information. I traded with TAH and the many excellent PVSRA traders since it's inception. I only added my personal FIFO scalping style and begin sharing it here when I started this thread. The PVSRA indicators and templates have been updated and modified by TAH a few times after his departure from the FF and all coded with his and others expertise. I have applied these updates to some charts but not all and found most changes minor and some cases to be cosmetic and not affecting my PVSRA scalping. One update...
Thanks for sharing Cigarguy, I don't know how to apply those Heikin-Ashi to the chart or even its use so I just shared regarding the cosmetic stuff really.
On another note about the template, since your template wasn't showing ANY candlestick to me, I had to find a template with PVSRA that was working, that website was the result of my research.

Regarding your style, I'm currently studying it very avidly... or at least trying to figure it out why you enter a trade anyway as I feel I'm still waaaaay lost learning PVSRA.
When I look at your charts and even everyone else with explanation, it's extremely easy to see and understand the reason for the trade... even if it doesn't have anything written and just red squares marking the volumes and an arrow showing the direction of Price Action.

Right now, I think I'm not getting the part of whether the MM's are preparing for a move up or down because sometimes, like today's Lo till Ny with UJ, don't know how to think under a creepy sideways range of 250+ pips. It was above a whole number AND somewhat below a quarter number... so, a big mess to my eyes!

Reading all that pdf's and TAH's explanation of PVSRA are very different from your style the way I see it, but their explanations of how the MM's drove the price there adds a little bit more than what you usually write regarding Dragon, EMA's, S&R, notable volume, etc... since often enough I see a big green/bullish candle with notable volume which doesn't mean a clear direction. To me of course.

My point is, even though I'm quite confused on how I'm supposed to trade your PVSRA style (because I sincerely connected to it), I'm focusing 100% of my energy towards learning it, thus I'm very grateful for what you've already shared, Rob and lots of other traders!

I also understand that PVSRA is an ART form which takes time to sink in and I find it very funny because it's an extremely simple concept, easy to grasp at least the simple trading signals like Rob shared with me, now I'm still searching for the things that I don't get it

All the best
  • #6,016
  • Dec 1, 2016 9:05am Dec 1, 2016 9:05am
USDJPY 1M +5PIPS

Reasons for entering SHORT
- Dragon was moving down , inclination was good
- PA had been bearish for almost 2 hours (looking at H1).
- PA was been traded below the 200EMA
- Green candlestick with high volume failed to break Dragon upwards
- Volume became even higher with another green candle. This time volume became higher but the green candle of PA was tiny and it was a Doji , indicating possible reversal of direction
- Entered when PA broke Dragon downwards with a dark gray candle
Got my target and exited.
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  • #6,017
  • Edited 10:26am Dec 1, 2016 9:20am | Edited 10:26am
Quoting cigarguy
{quote} Very nice entry with patience...
Thanks
How big can you think!
  • #6,018
  • Edited 10:07am Dec 1, 2016 9:53am | Edited 10:07am
Quoting Rmieck
{quote} Thanks for sharing Cigarguy, I don't know how to apply those Heikin-Ashi to the chart or even its use so I just shared regarding the cosmetic stuff really. On another note about the template, since your template wasn't showing ANY candlestick to me, I had to find a template with PVSRA that was working, that website was the result of my research. Regarding your style, I'm currently studying it very avidly... or at least trying to figure it out why you enter a trade anyway as I feel I'm still waaaaay lost learning PVSRA. When I look at your...

Remieck,

Thanks again for your astute observations explained in nice detail in this post.....

Yes, that is part of the difficulty in position trading using PVSRA as traded by position traders as traded at the other forum. There are so many detailed parts of the PVSRA system to learn many had difficulties. When I first begin to trade the PVSRA system a few years ago as a position trader, I admit that I had issues with allocating so much time with chart analysis attempting to determine if the MM's were Bears or Bulls as well. Of course we can never know for sure what their intentions were, so many times I would be wrong and caught in a wrong way position. That is when I honed my scalping skills and became the resident PVSRA scalper at the original PVSRA thread here at the FF.

I don't worry if the MM's are Bears or Bulls....I watch my charts and trade WHAT I SEE NOT WHAT I THINK and trade with the MM's aka Smart Money.

I believe in Keeping It Simple when scalping PVSRA by observing PA in relation to key support and resistance lines, the 50 and 200 ema's and observing high volume momentum bars. We watch our charts and let the MM's show the way and grab their shirt tails and trade with them enjoying the ride.

When we follow these simple rules and develop the discipline to wait for these entries, we then target a quick FIFO + / - 5 pips using trader defined lot sizes.

Regards and Stay GREEN My Friends,
Cigarguy
Keep It Simple
  • #6,019
  • Dec 1, 2016 10:08am Dec 1, 2016 10:08am
Quoting cigarguy
{quote} Remieck, Thanks again for your astute observations explained in nice detail in this post..... Yes, that is part of the difficulty in position trading using PVSRA as traded by position traders as traded at the other forum. There are so many detailed parts of the PVSRA system to learn many had difficulties. When I first begin to trade the PVSRA system as a position trader, I admit that I had issues with allocating so much time with chart analysis attempting to determine if the MM's were Bears or Bulls as well. Of course we can never know...
Thank you for being patient again and again while repeating your simple strategy, it never tires me to read and it always brings new enlightenment!

All the best
  • #6,020
  • Dec 1, 2016 10:11am Dec 1, 2016 10:11am
Quoting Rmieck
{quote} Thank you for being patient again and again while repeating your simple strategy, it never tires me to read and it always brings new enlightenment! All the best
Rmieck

Relax and watch your charts for entries as many excellent PVSRA scalpers have posted with outstanding explanations.....Keep IT Simple, have fun and don't get Analysis Paralysis and over think our system....lol.....
Keep It Simple
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