PVSRA Scalping with Cigarguy | Page 445 | 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

  • #8,881
  • May 5, 2017 1:45am May 5, 2017 1:45am
Hello everyone i am new here and that it is my first trade i would like to share.Big thank you to all who post here and help others!
Attached Image (click to enlarge)
Click to Enlarge Name: Capture.PNG Size: 40 KB
  • #8,882
  • May 5, 2017 4:42am May 5, 2017 4:42am
EURJPY M1 +6PIPS SHORT

- PA made a series of lower tops, the last one was a red candle with notable volume, which also broke the Dragon
- So, I waited for a small retrace and entered.
Got my target and exited.
Attached Image (click to enlarge)
Click to Enlarge Name: eurjpy-m1-ftt-sweden-ab.png Size: 93 KB
  • #8,883
  • May 5, 2017 5:44am May 5, 2017 5:44am
first trades using this system...i think it's ok...USDCAD finally go green, but USDJPY has reverse his trend and take SL
Attached Image(s) (click to enlarge)
Click to Enlarge Name: USDCADM1.png Size: 64 KB
Click to Enlarge Name: USDJPYM1.png Size: 70 KB
  • #8,884
  • May 5, 2017 5:51am May 5, 2017 5:51am
Quoting Clipi
first trades using this system...i think it's ok...USDCAD finally go green, but USDJPY has reverse his trend and take SL {image} {image}
USDJPY has been inside a 10 pips channel since Lo, I wouldn't consider that small downwards move a trend.
  • #8,885
  • May 5, 2017 5:54am May 5, 2017 5:54am
Quoting robmagario
EURJPY M1 +6PIPS SHORT - PA made a series of lower tops, the last one was a red candle with notable volume, which also broke the Dragon - So, I waited for a small retrace and entered. Got my target and exited. {image}
I guess you got in before it went higher than the previous top, right?
  • #8,886
  • May 5, 2017 6:19am May 5, 2017 6:19am
Quoting Clipi
first trades using this system...i think it's ok...USDCAD finally go green, but USDJPY has reverse his trend and take SL {image} {image}
Explanation why your USDJPY trade has failed
Attached Image (click to enlarge)
Click to Enlarge Name: USDJPY MM Movements.png Size: 139 KB
Trade What's Happening... Not What You Think Is Gonna Happen
  • #8,887
  • May 5, 2017 7:42am May 5, 2017 7:42am
Quoting ToddyS2K
{quote} Explanation why your USDJPY trade has failed {image}
It seems you wanted to say "Fill Longs" not "Fill Shorts" on your chart .
  • #8,888
  • May 5, 2017 8:06am May 5, 2017 8:06am
EURUSD +5

Typical up and down post-news. Got in after the break of .75/dragon with big volume. Closed at 200 EMA / prenews top.

Attached Image (click to enlarge)
Click to Enlarge Name: eurusd-m1-pepperstone-group-limited.png Size: 77 KB
  • #8,889
  • May 5, 2017 9:25am May 5, 2017 9:25am
I like to analyze the losses, break support and in the small correction jump the SL of 10 pips.
bad luck?
SL too small?
I had to wait for confirmation?

thanks.
Attached Image (click to enlarge)
Click to Enlarge Name: image.jpeg Size: 94 KB
  • #8,890
  • May 5, 2017 9:26am May 5, 2017 9:26am
Attached Image (click to enlarge)
Click to Enlarge Name: image.jpeg Size: 102 KB
  • #8,891
  • May 5, 2017 9:52am May 5, 2017 9:52am
Quoting Clipi
I like to analyze the losses, break support and in the small correction jump the SL of 10 pips. bad luck? SL too small? I had to wait for confirmation? thanks. {image}
Either you get in earlier or you wait for a retrace, the price had already pushed down a lot.
  • #8,892
  • May 5, 2017 11:35am May 5, 2017 11:35am
Today: +23pips
Attached Image (click to enlarge)
Click to Enlarge Name: USDJPYM1.png Size: 105 KB
  • #8,893
  • May 5, 2017 12:53pm May 5, 2017 12:53pm
Quoting the3mp
{quote} I guess you got in before it went higher than the previous top, right?
yup, after that, it made a huge move upwards.
  • #8,894
  • May 5, 2017 1:50pm May 5, 2017 1:50pm
EURJPY M1 +5PIPS SHORT

Usually, I would wait until PA breaks the key level,
but in this case, I didn't because I saw PA making lower tops and it broke the 200EMA and the Dragon for the second time with a red candle and notable volume, so I entered there.
Attached Image (click to enlarge)
Click to Enlarge Name: eurjpy-m1-ftt-sweden-ab.png Size: 91 KB
  • #8,895
  • May 6, 2017 7:57am May 6, 2017 7:57am
Quoting adelzadeh
{image}
nice one!
  • #8,896
  • May 6, 2017 7:59am May 6, 2017 7:59am
Quoting Clipi
I like to analyze the losses, break support and in the small correction jump the SL of 10 pips. bad luck? SL too small? I had to wait for confirmation? thanks. {image}
You entered too early. You needed to wait until PA tries to bounce back to Dragon and you should have entered after that.
  • #8,897
  • May 6, 2017 8:28am May 6, 2017 8:28am
Quoting robmagario
{quote} You entered too early. You needed to wait until PA tries to bounce back to Dragon and you should have entered after that.
Good advice
Keep It Simple
  • #8,898
  • May 7, 2017 2:16pm May 7, 2017 2:16pm
Hi all!

I've got a general question regarding money management and lotsize. How do you calculate your max. lotsize? Is it a percentage of your account size (of course depending on your SL)? If so, what percentage do you recommend? Or do you use a different approach?

I'm currently using a position size calculator to calcute my lotsize roughly (e.g. http://www.myfxbook.com/forex-calculators/position-size) but I would like to know what risk ratio is reasonable (I'm currently using approx. 1%).

Good luck for the upcoming trading week!
  • #8,899
  • May 7, 2017 11:21pm May 7, 2017 11:21pm
EURUSD M1 +5PIPS SHORT

- There were a lot of candles with notable volume at 1.09750 key level, PA went down from there. For me this was an indication that bears would eventually push PA even more down
- I spotted a S/R area at around 1.09708, and I saw that PA broke it with a red candle and notable volume. I waited for a small retrace and entered right after that
Got my target and exited.
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd-m1-ftt-sweden-ab.png Size: 85 KB
  • #8,900
  • May 8, 2017 1:47am May 8, 2017 1:47am
GbpUsd M1 Trend up, notable volume candles and bars.6 pips FIFO.
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDM1a.png Size: 56 KB
5 traders viewing now