PVSRA Scalping with Cigarguy | Page 314 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

PVSRA (Price, Volume, S&R Analysis) 8,488 replies

PVSRA Scalping EA 1,290 replies

PVSRA Scalping 13 replies

Scalping M5 with PVSRA / 10pips Daily 64 replies

PVSRA Scalping 0 replies

Attachments: PVSRA Scalping with Cigarguy
Exit Attachments

PVSRA Scalping with Cigarguy

  • #6,261
  • Dec 15, 2016 8:50am Dec 15, 2016 8:50am
USDJPY 1M +5.6PIPS

Reasons for going LONG
- First of all, I saw on M5 that we just got a huge green candle, and I also saw that we got strong resistance on 118.250 key level. I imagined that we might go towards that level soon as we were going close to it
- So after I spotted that on M5, I switched to M1. I saw that on M1 we got a huge light gray candle that broke the previous high
- After that we got a blue candle with even higher volume but the body of the candle was not that big
- So some retrace came along, which would be expected as the blue candle was not very big
- The retrace failed to break the 200EMA and PA started to become bullish again
- After the retrace I switched to M5 and saw that we had a long shadow of a candle that was becoming bullish, that is where I entered as I sensed that PA was going to target 118.250
I closed before 118.250 because I wanted to play safe.
Got my target and exited!
Attached Image(s) (click to enlarge)
Click to Enlarge Name: usdjpy-m1-ftt-sweden-ab.png Size: 78 KB
Click to Enlarge Name: usdjpy-m5-ftt-sweden-ab.png Size: 73 KB
  • #6,262
  • Dec 15, 2016 12:48pm Dec 15, 2016 12:48pm
Quoting robmagario
USDJPY 1M +5.6PIPS Reasons for going LONG - First of all, I saw on M5 that we just got a huge green candle, and I also saw that we got strong resistance on 118.250 key level. I imagined that we might go towards that level soon as we were going close to it - So after I spotted that on M5, I switched to M1. I saw that on M1 we got a huge light gray candle that broke the previous high - After that we got a blue candle with even higher volume but the body of the candle was not that big - So some retrace came along, which would be expected as the blue...
Killing it as always, well done keep it up mate
  • #6,263
  • Dec 15, 2016 6:46pm Dec 15, 2016 6:46pm
USDJPY 1M +4PIPS

Reasons for going SHORT
- Dragon moving down, inclination was awesome
- PA being traded below the 200EMA
- Waited for a red candle with notable volume
- After that waited for a retrace
- Entered when the retrace broke the previous red candle low
Got my target easily and exited
Attached Image (click to enlarge)
Click to Enlarge Name: usdjpy-m1-ftt-sweden-ab.png Size: 80 KB
  • #6,264
  • Edited 7:00pm Dec 15, 2016 6:50pm | Edited 7:00pm
Quoting robmagario
USDJPY 1M +4PIPS Reasons for going SHORT - Dragon moving down, inclination was awesome - PA being traded below the 200EMA - Waited for a red candle with notable volume - After that waited for a retrace - Entered when the retrace broke the previous red candle low Got my target easily and exited {image}
Good job...You and our core Scalpers have been killing it...

I see lots of new faces doing well and all posting great trades and explanations... hopefully I can find time soon too join the fun as soon as my other businesses are on auto pilot.
Keep It Simple
  • #6,265
  • Dec 15, 2016 7:00pm Dec 15, 2016 7:00pm
Quoting cigarguy
{quote} Good job...You and our core Scalpers have been killing it... I see lots of new faces doing well and all posting great trades and explanations... hopefully I can find time soon too join the fun.
Thanks Cigarguy! We are all your apprentices!
  • #6,266
  • Edited 7:13pm Dec 15, 2016 7:02pm | Edited 7:13pm
Quoting robmagario
{quote} Thanks Cigarguy! We are all your apprentices!
Not any longer...You have stepped up and been an inspiration to all...

Sorry for so many edits but away and on my cell and hate this small keyboard for my old eyes.....my trigger finger is itchy to make some scalps..
Keep It Simple
  • #6,267
  • Dec 16, 2016 12:03am Dec 16, 2016 12:03am
love this trade !

UJ M1 +7.1pips (+5 +2.1) not so much action this morning, i identified a small range on Uj and waited for something happen.
Explanation on chart.
Attached Image (click to enlarge)
Click to Enlarge Name: perfect UJ.jpg Size: 336 KB
There is no way to happiness , happiness is the way.
  • #6,268
  • Dec 16, 2016 1:31am Dec 16, 2016 1:31am
EU +7 pips
Explanations on chart
Attached Image (click to enlarge)
Click to Enlarge Name: EU.jpg Size: 321 KB
There is no way to happiness , happiness is the way.
  • #6,269
  • Dec 16, 2016 1:44am Dec 16, 2016 1:44am
USDJPY 1M +5PIPS

Reasons for entering LONG
- Dragon was moving up and I liked the inclination
- PA being traded above the 200EMA
- I found out that there was a strong resistance at this level 118.176
- So waited until PA broke this level 118.176 with a green candle and notable volume

Easily got my target and exited. Please note that there was a strong resistance at key level 118.250 (look left). So it was important to exit before PA reached that level.
Attached Image (click to enlarge)
Click to Enlarge Name: usdjpy-m1-ftt-sweden-ab.png Size: 88 KB
  • #6,270
  • Dec 16, 2016 5:46am Dec 16, 2016 5:46am
Rob & Ockham,
Excellent trades and explanations requiring patience....Well done.
Keep It Simple
  • #6,271
  • Dec 16, 2016 6:12am Dec 16, 2016 6:12am
Bias long, so think MM will use 1/2 level making long order
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDM1.png Size: 74 KB
Be a spectator, not a player
  • #6,272
  • Dec 16, 2016 6:16am Dec 16, 2016 6:16am
Quoting cigarguy
Rob & Ockham, Excellent trades and explanations requiring patience....Well done.
Thank you sensei CG

I wish you a good week end to all.
Attached Image
There is no way to happiness , happiness is the way.
  • #6,273
  • Dec 16, 2016 6:45am Dec 16, 2016 6:45am
Quoting wiserltz
Bias long, so think MM will use 1/2 level making long order {image}
Good call..
Keep It Simple
  • #6,274
  • Dec 16, 2016 9:33am Dec 16, 2016 9:33am
Hello to all fellow traders... Today trades all in profit, ( have to check in the system why it keeps turning red lines on the profit though-previous group of trades).. GOT BIT BORED ON THE WHOLE SCALPING SO I OPENED A FEW LONG TERM POSITIONS IN ORDER TO PREDICT OVERALL TREND DIRECTION AND IT'S SWING. Then when the direction prediction got boring as well I did a little scalping bit by bit at the end there LOL.... happy pip hunting to all and have a good weekend!!
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 31 KB
  • #6,275
  • Dec 16, 2016 12:58pm Dec 16, 2016 12:58pm
Really nice análisis where we can learn from.

Quoting Ockham
EU +7 pips Explanations on chart {image}
  • #6,276
  • Dec 16, 2016 1:07pm Dec 16, 2016 1:07pm
My today all trade closed with profit.


All in GBPJPY
Attached Image (click to enlarge)
Click to Enlarge Name: 9.png Size: 57 KB
  • #6,277
  • Dec 16, 2016 5:41pm Dec 16, 2016 5:41pm
Congrats to all for a excellent scalping week and hope all enjoy your weekend end...

Cigarguy
Keep It Simple
  • #6,278
  • Edited Dec 17, 2016 1:05am Dec 16, 2016 10:50pm | Edited Dec 17, 2016 1:05am
Quoting robmagario
USDJPY 1M +5PIPS Reasons for entering LONG - Dragon was moving up and I liked the inclination - PA being traded above the 200EMA - I found out that there was a strong resistance at this level 118.176 - So waited until PA broke this level 118.176 with a green candle and notable volume Easily got my target and exited. Please note that there was a strong resistance at key level 118.250 (look left). So it was important to exit before PA reached that level. {image}
Dear robmagario,
Could you tell please, which indicator you use for a mtf candle on the background of your chart window? Could you share it? From my side, I'd like to share this mtf indi TMS Angleator pureTDI I really like to use in my everyday trading. Maybe you find this one useful. Thank you in advance.
Attached File(s)
File Type: ex4 TMS Angleator pureTDI.ex4   108 KB | 326 downloads
File Type: pdf Readme.pdf   306 KB | 1,850 downloads
  • #6,279
  • Dec 18, 2016 6:25pm Dec 18, 2016 6:25pm
USDJPY 1M +5PIPS

Reasons for entering SHORT
- Dragon was going down, inclination was good
- PA being traded below 200EMA
- Series of 3 red candles breaking Dragon, key level 117.750 and the previous low
- Entered when I thought the retrace was over. I entered too early and the retrace continued but never broke Dragon so I stayed in the trade
Got my target and exited!
Attached Image (click to enlarge)
Click to Enlarge Name: usdjpy-m1-ftt-sweden-ab.png Size: 75 KB
  • #6,280
  • Dec 18, 2016 6:38pm Dec 18, 2016 6:38pm
USDJPY 1M +5PIPS

The trend seems to continue

Reasons for entering SHORT
- After a retrace back to Dragon, we got a red candle with notable volume that was higher than the previous one
- I entered when we broke the previous light blue candle as I imagined that I could target a move of 5PIPS from that area downwards
Got my target easily and exited!
Attached Image (click to enlarge)
Click to Enlarge Name: usdjpy-m1-ftt-sweden-ab-2.png Size: 70 KB
1 trader viewing now