PVSRA Scalping with Cigarguy | Page 420 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

PVSRA (Price, Volume, S&R Analysis) 8,487 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

  • #8,381
  • Mar 23, 2017 2:57pm Mar 23, 2017 2:57pm
Quoting hamburger
entered long because of overall positive trend. I saw 111.2 lvl as previous support and in addition to that high volume a few minutes ealier with this long negative pin showed bullish behaviour to me. Did't worj out, -4pips. Any comments/thoughts? {image}
Hey hamburger

if you look at the the two green candles. Notable volume failed to break the 111.300. This would have given you insight that the bears didn't want price to break above this area for the short term. Then as price trailed along the dragon of you noticed a big red candle that ended as a doji. This would have demonstrated to me that stopping volume was present at the highs. This to me would have solidified that bears wanted it lower.
Good luck
If there is no enemy within, the enemy outside can do us no harm...
  • #8,382
  • Mar 23, 2017 3:06pm Mar 23, 2017 3:06pm
Thanks to all of you! I appreciate your feedback!
  • #8,383
  • Mar 23, 2017 5:52pm Mar 23, 2017 5:52pm
Yesterday's trade!

All explanations on the charts... M30 with the bigger picture and M1 with the short term bias.

All the best
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GBPJPYiM30.png Size: 89 KB
Click to Enlarge Name: GBPJPYiM1.png Size: 91 KB
  • #8,384
  • Mar 23, 2017 6:35pm Mar 23, 2017 6:35pm
Quoting Rmieck
Yesterday's trade! All explanations on the charts... M30 with the bigger picture and M1 with the short term bias. All the best {image} {image}
Excellent trade and explanation..
CG
Keep It Simple
  • #8,385
  • Mar 23, 2017 9:35pm Mar 23, 2017 9:35pm
Quoting Rmieck
Yesterday's trade! All explanations on the charts... M30 with the bigger picture and M1 with the short term bias. All the best {image} {image}
Rmieck, you are simply awesome. Very good explanations and very good entry and good TP.
  • #8,386
  • Mar 23, 2017 10:00pm Mar 23, 2017 10:00pm
USDJPY M1 +5PIPS LONG

The last 3 red candles were making higher bottoms, a strong indication that bulls would eventually push PA up.
A blue candle broke the Dragon with very notable volume.
Got my target and exited.
Attached Image (click to enlarge)
Click to Enlarge Name: usdjpy-m1-ftt-sweden-ab.png Size: 71 KB
  • #8,387
  • Mar 24, 2017 1:32am Mar 24, 2017 1:32am
today my first real trade, sorry if I make some wrong, but let me know then I can learn, thanks

I see a support from price and Dragon as support and notable volume candle also the strength indicator show for usd and jpy good number, so I trade the long and take 3 pips because I trade on other Broker then MT4 and so I see on the tick a little battle of the price and decide to take what I have.
Attached Image (click to enlarge)
Click to Enlarge Name: USDJPYM1 24 03.png Size: 68 KB
  • #8,388
  • Mar 24, 2017 2:35am Mar 24, 2017 2:35am
EU M5 Price bounce on 1.07600 resistance level ,eventually broke dragon with notable volume.Exit before 200 MA with 5 pips .
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD.mM5q.png Size: 54 KB
  • #8,389
  • Mar 24, 2017 11:24am Mar 24, 2017 11:24am
Quoting 4x4free
today my first real trade, sorry if I make some wrong, but let me know then I can learn, thanks I see a support from price and Dragon as support and notable volume candle also the strength indicator show for usd and jpy good number, so I trade the long and take 3 pips because I trade on other Broker then MT4 and so I see on the tick a little battle of the price and decide to take what I have. {image}
Great chart and very precise entry!

I'll be honest and say that I wouldn't enter there fearing that price would go 20 pips downward and possibly create a range in between these key levels as it has been happening a lot lately on UJ, but that's just my fear

I would've entered before at the red circle because in the arrow area you can see what would be in my humble opinion a lot of bullish pressure and momentum directing a possible continuation of the movement possibly towards the Quarter Level which is a key natural resistance and acts kind of like a magnet to MM's.
Attached Image
  • #8,390
  • Mar 24, 2017 8:45pm Mar 24, 2017 8:45pm
Quoting Rmieck
{quote} Great chart and very precise entry! I'll be honest and say that I wouldn't enter there fearing that price would go 20 pips downward and possibly create a range in between these key levels as it has been happening a lot lately on UJ, but that's just my fear I would've entered before at the red circle because in the arrow area you can see what would be in my humble opinion a lot of bullish pressure and momentum directing a possible continuation of the movement possibly towards the Quarter Level which is a key...
thanks Rmieck!

yes the entry before you right, but I was not on the computer.

thanks again and have a great WE
  • #8,391
  • Mar 24, 2017 10:48pm Mar 24, 2017 10:48pm
Quoting freeman777
EU M5 Price bounce on 1.07600 resistance level ,eventually broke dragon with notable volume.Exit before 200 MA with 5 pips . {image}
Very nice one and very well spotted! Great entry as well.
  • #8,392
  • Mar 25, 2017 9:26am Mar 25, 2017 9:26am
Congrats to ALL that had a profitable week and hoping the same next week as we continue to let the MM's show the way with nice PVSRA high momentum scalping opportunities....
CG
Keep It Simple
  • #8,393
  • Mar 26, 2017 8:32pm Mar 26, 2017 8:32pm
usdjpy long

PA under RDL and approaching 250 key level, price on all TF is a bit extended and target bounce to 50ema/1M, multiple entries all above key level as last stand, target reached, pips banked.
Attached Image (click to enlarge)
Click to Enlarge Name: 2.png Size: 53 KB
  • #8,394
  • Mar 26, 2017 8:52pm Mar 26, 2017 8:52pm
usdjpy long

price retrace back to dragon and entry per Pvsra with our 5 pip target, tight sl and with volume support underneath target reached in due time, there could be more pips ahead but I need to go back nursing a bad cold...
Attached Image (click to enlarge)
Click to Enlarge Name: 1.png Size: 54 KB
  • #8,395
  • Mar 27, 2017 12:40am Mar 27, 2017 12:40am
USDJPY M1 -4PIPS SHORT

My first loss after many weeks being green.
I entered when I saw that
- PA broke both Dragon and the 200EMA with a red candle and notable volume
- Inclination of Dragon was not good though

I got scared when that green candle broke Dragon upwards and I closed it with a loss.
But if I stayed in the trade I would have probably reached my target.
Attached Image (click to enlarge)
Click to Enlarge Name: usdjpy-m1-ftt-sweden-ab.png Size: 93 KB
  • #8,396
  • Mar 27, 2017 1:17am Mar 27, 2017 1:17am
USDJPY M1 +5PIPS SHORT

After having failed one trade, I waited until PA broke 110.250 key level with a red candle and notable volume.
After that I waited for a small retrace and entered.
Got my target and exited.
Attached Image (click to enlarge)
Click to Enlarge Name: usdjpy-m1-ftt-sweden-ab.png Size: 84 KB
  • #8,397
  • Mar 27, 2017 7:06am Mar 27, 2017 7:06am
USDJPY M1 +5PIPS SHORT

- I noticed that PA failed to break the resistance level 110.250
- After that PA resumed to go down again
- So I entered at the break of previous low with a red candle and notable volume, which also broke what looked like a support level at around 110.227 (look left).
Attached Image (click to enlarge)
Click to Enlarge Name: usdjpy-m1-ftt-sweden-ab.png Size: 87 KB
  • #8,398
  • Mar 27, 2017 8:28am Mar 27, 2017 8:28am
Quoting robmagario
USDJPY M1 +5PIPS SHORT - I noticed that PA failed to break the resistance level 110.250 - After that PA resumed to go down again - So I entered at the break of previous low with a red candle and notable volume, which also broke what looked like a support level at around 110.227 (look left). {image}
Rob,
Nice but almost a little late that close to RDL as short term support.....
Keep It Simple
  • #8,399
  • Mar 27, 2017 9:03am Mar 27, 2017 9:03am
Hi all, todayt was a good day, havnt really got much time to trade more however i was keeping an eye of the PVSRA scenario that was happening in USDJPY.
Also price was below the RDL so i was expecting some movement to come in.

Took a few trades 80 pips banked on multiple position entries.
Attached Image (click to enlarge)
Click to Enlarge Name: usdjpymonday.jpg Size: 248 KB
If there is no enemy within, the enemy outside can do us no harm...
  • #8,400
  • Mar 27, 2017 9:21am Mar 27, 2017 9:21am
Quoting iscalp
Hi all, todayt was a good day, havnt really got much time to trade more however i was keeping an eye of the PVSRA scenario that was happening in USDJPY. Also price was below the RDL so i was expecting some movement to come in. Took a few trades 80 pips banked on multiple position entries. {image}
nice trading!
3 traders viewing now