USDJPY +5 pips
Price bounced of the 200 EMA and through the dragon with a huge green candle. TP was set at previous high.
Price bounced of the 200 EMA and through the dragon with a huge green candle. TP was set at previous high.
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PVSRA (Price, Volume, S&R Analysis) 7,862 replies
PVSRA Scalping 13 replies
PVSRA Scalping EA 1,289 replies
Scalping M5 with PVSRA / 10pips Daily 64 replies
PVSRA Scalping 0 replies
DislikedA second bad trade on UJ. {image} I initially got in because the big red bar + dragon + LL. However I started doubting the trade when I saw HL HH, I should have gone out close to BE. I got lucky with the news, I need to fix this behavior. I'm done for the day.Ignored
Disliked{quote} If you checked the M5 TF prior to placing your trade you would have seen PA was trading above the dragon and bounced of it, there was only around 3-4 to the 50MA. Also if you put the 200MA on your chart you would have seen that large bearish candle you entered on closed above it. Its always a good idea to check the higher timeframes, espcially M5 & M15 before you place any trades as you want to know what PA is doing in the 'bigger picture'. Although M5 and M15 are not exaclty high timeframes, its also a good idea to check H1 too. UJ M5 {image}...Ignored
Disliked{quote} If you checked the M5 TF prior to placing your trade you would have seen PA was trading above the dragon and bounced of it, there was only around 3-4 to the 50MA. Also if you put the 200MA on your chart you would have seen that large bearish candle you entered on closed above it. Its always a good idea to check the higher timeframes, espcially M5 & M15 before you place any trades as you want to know what PA is doing in the 'bigger picture'. Although M5 and M15 are not exaclty high timeframes, its also a good idea to check H1 too. UJ M5 {image}...Ignored
Disliked{quote} Thank you so much for your analysis Vape. Looking at your charts I can see how bad an lucky my entry was. I'm gonna add 200MA as an additional filter and I'm gonna make sure to always check the higher timeframes first.Ignored
DislikedUSDCAD short.... higher time frames shows clear down trend @ m1 chart after red candle i enterd. dragon angle was good got my target and out with 5 pips {image}Ignored
Disliked{quote} If you don't mind me asking, your USDCAD spread says 0.6, what broker offers such low spread. I'm with Forex.com and seeing 2.5 - 2.7 currently. Ive never been a scalper, I have a larger timeframe system but looking to ad a new strategy. My EURUSD spread is 2.2 pips (Asian Session) Are you guys trading with similar spreads?Ignored
DislikedUJ M5 FIFO CT retrace scalp +12 (+5.8 @ 2 lots) Not much time for trading lately with outside business responsibilities and don't usually trade the Asian Session but opened my platform and saw this quick FIFO scalp.....so why not it was calling my name......... I miss trading with you guys but lots of irons on the fire these days.... CG {image}Ignored