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PVSRA Scalping with Cigarguy

  • #6,281
  • Dec 19, 2016 12:21am Dec 19, 2016 12:21am
Hi everyone,
UJ m1 +5pips explanation on chart, just add that i mistake my TP because as to reach my auto +5pips TP price have to break again the 117.250 level it was better to set the tp to 117.200 because if price broke the 117.250 he will with high probability reach the 117.200

have a green week all
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There is no way to happiness , happiness is the way.
  • #6,282
  • Dec 19, 2016 12:53am Dec 19, 2016 12:53am
as previous trade, usd still weak i entered on a M1 resistance and entered again on the same point after my 1st trade was TP +10 pips
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There is no way to happiness , happiness is the way.
  • #6,283
  • Dec 19, 2016 1:11am Dec 19, 2016 1:11am
M1 EU +7.7 pips

i mistake my tp one more time to my first entry, as i reached my tp for the second entry +5 i did not wait for my scenario and the ASH line and tp +2.7, one of my leak need to work on my patience...
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Click to Enlarge Name: UJ 3.jpg Size: 324 KB
There is no way to happiness , happiness is the way.
  • #6,284
  • Dec 19, 2016 2:22am Dec 19, 2016 2:22am
Scalping while SM making long
Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPYM1.png Size: 61 KB
Be a spectator, not a player
  • #6,285
  • Dec 19, 2016 2:56am Dec 19, 2016 2:56am
USDJPY 1M +5PIPS

Reasons for entering LONG
- Dragon moving up, inclination was fair, PA being trade above 200EMA
- I entered on a green candle with notable volume that just broke the previous high (look left) making a new high
Got my target easily and exited!
Attached Image (click to enlarge)
Click to Enlarge Name: usdjpy-m1-ftt-sweden-ab.png Size: 82 KB
  • #6,286
  • Dec 19, 2016 2:58am Dec 19, 2016 2:58am
EJ, Making long after big red candle
Attached Image (click to enlarge)
Click to Enlarge Name: EURJPYM1.png Size: 66 KB

UJ, Enter too early, close with some profit
Attached Image (click to enlarge)
Click to Enlarge Name: USDJPYM5.png Size: 77 KB
Be a spectator, not a player
  • #6,287
  • Dec 19, 2016 3:03am Dec 19, 2016 3:03am
Quoting Ockham
M1 EU +7.7 pips i mistake my tp one more time to my first entry, as i reached my tp for the second entry +5 i did not wait for my scenario and the ASH line and tp +2.7, one of my leak need to work on my patience... {image}
Good that after all everything went fine, but I would be scared of that huge red candle that came along and broke Dragon and the 200EMA downwards.
  • #6,288
  • Dec 19, 2016 3:36am Dec 19, 2016 3:36am
Quoting robmagario
{quote} Good that after all everything went fine, but I would be scared of that huge red candle that came along and broke Dragon and the 200EMA downwards.
Yes Rob sure this red candle is not a good news but at this moment it was not possible to leave the trade any more, first the 2 SL where set below the previous low and the RR if i closed the trade now was too much important was risking -2 or -3 pips more to win +10, second EUR was still the strongest currency and the USD still very weak and also not pvsra but after this red candle rsi was starting going up again, i think 3 good reasons to stay in the trade even if of course every time doing a second entry while loosing the 1st is increasing the risk, i just try to reduce my risk using the same stop loss for the second entry that the 1 st one so i risk x1.5 my initial risk.
There is no way to happiness , happiness is the way.
  • #6,289
  • Dec 19, 2016 4:09am Dec 19, 2016 4:09am
UJ, retraced under ema200 and back
Attached Image (click to enlarge)
Click to Enlarge Name: USDJPYM1.png Size: 68 KB
Be a spectator, not a player
  • #6,290
  • Dec 19, 2016 5:30am Dec 19, 2016 5:30am
USDJPY 1M +5PIPS

Reasons for going SHORT
- Dragon moving down, inclination was good, PA being traded below the 200EMA
- Entered on a red candle with notable volume. This red candle broke the previous low(look left)

Got my target in a just 24 seconds! FIFO!!!
Attached Image (click to enlarge)
Click to Enlarge Name: usdjpy-m1-ftt-sweden-ab.png Size: 83 KB
  • #6,291
  • Dec 19, 2016 6:00am Dec 19, 2016 6:00am
As USUAL....Your killing it guys..
Keep It Simple
  • #6,292
  • Dec 19, 2016 6:07am Dec 19, 2016 6:07am
Quoting robmagario
USDJPY 1M +5PIPS Reasons for going SHORT - Dragon moving down, inclination was good, PA being traded below the 200EMA - Entered on a red candle with notable volume. This red candle broke the previous low(look left) Got my target in a just 24 seconds! FIFO!!! {image}

Agree nice and real fifo
There is no way to happiness , happiness is the way.
  • #6,293
  • Edited 5:40pm Dec 19, 2016 10:22am | Edited 5:40pm
USDJPY 1M +5PIPS

Reasons for entering SHORT
- Dragon was moving down, inclination was really good, PA being traded below the 200EMA
- PA broke what seemed to be a consolidation area with a red candle and notable volume
Got my target in just 11 seconds and exited! FIFO!!!
Attached Image (click to enlarge)
Click to Enlarge Name: usdjpy-m1-ftt-sweden-ab.png Size: 76 KB
  • #6,294
  • Edited 1:39pm Dec 19, 2016 12:48pm | Edited 1:39pm
Need patience
Attached Image(s) (click to enlarge)
Click to Enlarge Name: EURJPYM1.png Size: 73 KB
Click to Enlarge Name: USDJPYM1.png Size: 67 KB
Click to Enlarge Name: EURUSDM1.png Size: 84 KB
Click to Enlarge Name: EURJPYM111111111111111.png Size: 71 KB
Be a spectator, not a player
  • #6,295
  • Dec 19, 2016 1:07pm Dec 19, 2016 1:07pm
Quoting wiserltz
Need patience {image} {image} {image}
Yes..nice
Keep It Simple
  • #6,296
  • Dec 19, 2016 3:53pm Dec 19, 2016 3:53pm
Quoting robmagario
USDJPY 1M +5PIPS Reasons for entering SHORT - Dragon was moving down, inclination was really good, PA being traded below the 200EMA - PA broke what seemed to be a consolidation area with a red candle and notable volume Got my target in a 11 seconds and exited! FIFO!!! {image}
Hey Robmagario,can you share this indicator that shows this red and green boxes on your chart ( I dont know the name)..

Thank you!
  • #6,297
  • Dec 19, 2016 5:37pm Dec 19, 2016 5:37pm
Quoting Emrah17
{quote} Hey Robmagario,can you share this indicator that shows this red and green boxes on your chart ( I dont know the name).. Thank you!
Emrah17,

Here we go.
You need to install both Candles2 and drawing.
https://www.mql5.com/en/code/9712

Enjoy!

Rob
  • #6,298
  • Dec 19, 2016 6:45pm Dec 19, 2016 6:45pm
USDJPY 1M +5PIPS

Reasons for going SHORT
- PA had hit 117.000 a few times and bounced back up, so I imagined we were going to hit it again
- I saw some consolidation at around 117.074 and I entered after PA broke it downwards with notable volume and a red candle
Got my target and exited
Attached Image (click to enlarge)
Click to Enlarge Name: usdjpy-m1-ftt-sweden-ab.png Size: 86 KB
  • #6,299
  • Dec 19, 2016 7:01pm Dec 19, 2016 7:01pm
USDJPY 1M +5PIPS

Reasons for going LONG
- PA being traded above the 200EMA, Dragon's inclination had started to become good
- Found consolidation and strong resistance at around 117.167, so I entered when PA broke that area with a green candle and notable volume
Attached Image (click to enlarge)
Click to Enlarge Name: usdjpy-m1-ftt-sweden-ab-2.png Size: 92 KB
  • #6,300
  • Dec 19, 2016 8:06pm Dec 19, 2016 8:06pm
Quoting robmagario
USDJPY 1M +5PIPS Reasons for going LONG - PA being traded above the 200EMA, Dragon's inclination had started to become good - Found consolidation and strong resistance at around 117.167, so I entered when PA broke that area with a green candle and notable volume {image}
Great catch..I Love those very FIFO scalps...
Keep It Simple
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