{quote} hey @cigarguy just want say thanks so much of you for helping trader's regard good luck
Keep It Simple
PVSRA Scalping with Cigarguy
- #8,661
- Apr 20, 2017 5:20am Apr 20, 2017 5:20am
- Joined Jan 2007 | Status: Senior Member | 6,517 Posts
- #8,662
- Apr 20, 2017 6:46am Apr 20, 2017 6:46am
USDJPY
With the new hour came that pretty market manipulation that pushed the price up 40 pips for no apparent reason. Saw that kind of movement many times, the price just comes back falling shortly after. Got in a first time after price broke 109.3 with a red candle, closed it BE fearing it was bouncing off R1. When it failed to break 109.3 upwards again with big volume, I entered again. I closed it too early, as the price was clearly going to reach pre-spike values.
With the new hour came that pretty market manipulation that pushed the price up 40 pips for no apparent reason. Saw that kind of movement many times, the price just comes back falling shortly after. Got in a first time after price broke 109.3 with a red candle, closed it BE fearing it was bouncing off R1. When it failed to break 109.3 upwards again with big volume, I entered again. I closed it too early, as the price was clearly going to reach pre-spike values.
- #8,663
- Apr 20, 2017 7:06am Apr 20, 2017 7:06am
- Joined Mar 2016 | Status: Senior member | 1,279 Posts
- #8,664
- Apr 20, 2017 7:20am Apr 20, 2017 7:20am
{quote} Welcome and good to hear you enjoy our thread as many excellent scalpers here willing to help...
best do some more revision / squash those bad habits not taking everything into account.
- #8,665
- Apr 20, 2017 7:54am Apr 20, 2017 7:54am
- Joined Jan 2007 | Status: Senior Member | 6,517 Posts
{quote} EN -21 Still need some practice
CG
Keep It Simple
- #8,669
- Apr 20, 2017 8:18am Apr 20, 2017 8:18am
- Joined Jan 2007 | Status: Senior Member | 6,517 Posts
Nice scalping with many great explanations..
Our PVSRA TEXT BOOK thread becomes better each day
CG
Our PVSRA TEXT BOOK thread becomes better each day
CG
Keep It Simple
- #8,671
- Apr 20, 2017 8:48am Apr 20, 2017 8:48am
Very interesting strategy, I'm currently practicing on a Demo account,
I have little doubt about what amount of SL we should use or when to close the trade if price goes against out trade,
Can someone have explain about that or put some post link for me, Thanks a lot
I have little doubt about what amount of SL we should use or when to close the trade if price goes against out trade,
Can someone have explain about that or put some post link for me, Thanks a lot
Failure is not failure if you learn from it...
- #8,672
- Apr 20, 2017 9:01am Apr 20, 2017 9:01am
{quote} The HA candles as you are trading are my favorite for scalping used of course in conjunction with our high momentum volume bars..
Very interesting strategy, I'm currently practicing on a Demo account, I have little doubt about what amount of SL we should use or when to close the trade if price goes against out trade, Can someone have explain about that or put some post link for me, Thanks a lot {image}
Either way GL
- #8,673
- Apr 20, 2017 10:12am Apr 20, 2017 10:12am
- Joined Mar 2016 | Status: Senior member | 1,279 Posts
- #8,674
- Apr 20, 2017 11:11am Apr 20, 2017 11:11am
- Joined Mar 2016 | Status: Senior member | 1,279 Posts
EURJPY +4.8 Like Robs trade he posted earlier. Price got back above 117.600 with very little effort so could see it retesting the previous high of the wide spread, news release candle. Entered after a solid close above 117.600 and got my target. {image}
- #8,676
- Edited 4:02pm Apr 20, 2017 2:59pm | Edited 4:02pm
- Joined Jan 2007 | Status: Senior Member | 6,517 Posts
could someone please explain what the different colors mean on the volume indi.......
I would begin ny reading the PDF'S....
CG
Keep It Simple
- #8,678
- Edited 8:09pm Apr 20, 2017 7:13pm | Edited 8:09pm
- Joined Jan 2007 | Status: Senior Member | 6,517 Posts
Keep It Simple
- #8,680
- Apr 21, 2017 3:30am Apr 21, 2017 3:30am
- Joined Mar 2016 | Status: Senior member | 1,279 Posts
