PVSRA Scalping with Cigarguy

Quoting Ockham

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{quote} yes Rob i was thinking for something like this as well, some trade manager do this pretty well, the problem is you reduce your average profit by trade so you need to be more profitable, example with one TP +5 and SL -10 you need 67% of wins to be break even and if you cut 50% a +5 and the second is stop at +1 you already need 77% of wins to break even. May be in long term it could be more profitable but for daily results our +-5pips tp is better imho while scalping pvsra, of course on some interesting levels we could also take some intraday...

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Quoting wiserltz

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Reason: MM building long under 1/2 level {image}

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Quoting the3mp

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{quote} Why 77%, if you are letting the second one run to a higher TP? What I do is aiming to levels, following the trade, without a fixed TP. I can kill it before or let it run. Sometimes it hurts you, but I like it better than saying go for 5 whatever happens (a lil more demanding from a mental point of view).

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Quoting pvrsazyt

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{quote} i was confused by this. i intepreted this as MM building above quarter lvl but you saw it as building belove half lvl and you were right see attached picture maybe you can explain. {image}

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Quoting pvrsazyt

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{quote} i was confused by this. i intepreted this as MM building above quarter lvl but you saw it as building belove half lvl and you were right see attached picture maybe you can explain. {image}

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Quoting Ockham

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GU m1 +10.5 Just missed a pure Rob's FIFO scalp, so i entry after the red candle broke the key level, also did not have time to move the 2nde tp to next key level, probably good timing for some holidays ! {image}

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Quoting pvrsazyt

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{quote} i was confused by this. i intepreted this as MM building above quarter lvl but you saw it as building belove half lvl and you were right see attached picture maybe you can explain. {image}

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Quoting Ipodbob

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Damn my MT4 broke and lost all my templates and setup for PVSRA lol Either way hope everyone had a good Christmas

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Quoting Zirbes

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Hello guys, I have been doing good stuff with PVSRA(thanks to all that make this awesome thread), but since yesterday was impossible to trade, the ask price vs bid price have 5pips from each other(Octafx ECN broker), my sell hit the SL with less than 1minute. This occurs becouse of low volality? Theres something that i can do, or its better wait until next year? Thanks.

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Quoting Ipodbob

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Damn my MT4 broke and lost all my templates and setup for PVSRA lol Either way hope everyone had a good Christmas

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Quoting moic999

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{quote} They are not lost... just need to know where to look for them 1. Open a chart window 2. click on "Template, and select "Save As". At the top you will see something like this: C:\Users\yourname\AppData\Roaming\MetaQuotes\Terminal\5A590048FA8C0D1558C5BA77A5A1447F\templates 3. Copy this and go here: C:\Users\yourname\AppData\Roaming\MetaQuotes\Terminal\5A590048FA8C0D1558C5BA77A5A1447F (the long number is the name of your platform) 4. If you have other platforms, you will see this long number for each platform {image} 5. You can copy templates...

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