Trade away from dragon at M5
Volume diminishing while price is going to mid pivot and enter for long. Take profit and thats it. Keep it easy and do not overthink to much.
Trade away from dragon at M5
Volume diminishing while price is going to mid pivot and enter for long. Take profit and thats it. Keep it easy and do not overthink to much.
Dear PVSRA traders,
With kind permission of , I have established a Telegram group that's made for both PVSRA traders. It's not a replacement for your forum, since the forum is still our main meeting point. However, having the chance to directly talk to each other could give rise to the learning curve and trading experience. It isn't compulsory to join since everything is laid out beautifully in this thread. Very similar to this thread, just PVSRA content is going to be discussed at the Telegram class, everything else will be removed.
Here is the link for people who are interested:
https://t.me/PVSRATrading
This collection isn't supposed to discuss exactly what the dragon is, the way to add indiors to the chart, what a trap bar is and so on. Please take your time to browse through article 1 and get familiar with the core components of PVSRA (I am lazy as well, but it might be worth reading it through).
Cheers.
PS: If possible, please add this URL to article 1 so it doesn't get lost.
Break over 10lvl with up background
GU M1 6de in 6 min
Safer entry for
-first commerce would have been following fracture of DO (where I exited because price did not violate DO)
-and also to the second trade continuation following notable fracture of half lvl
I love volume snare bars at the ideal spot. They seem to provide such great indiions. And you also had two there, fine trade Vape!
EURUSD 5
Kind of a risky commerce, since the price was ranging for hours. Price failed to break with volume under the pivot for the second time. After that, two large green candles pushed the price up again. I got in after a a volume, little bar right on the dragon. Closed fast at 5 due to this tight range, might be the start of a movement up.
Yes they work nicely as S/R. ALso, earlier in the thread CG mentions that its very best to exchange in the same direction as price is while above/below the DO. If price is below DO we want to be looking for sells, if price is above DO we want to be looking for buys. This isn't necessarily a tough rule but it helps with confirmation many times.
Hallo PVSRA traders,
While after your fine thread at the background, and seeing alot of fine trades, it's time to get more activily involved.
USDJPY short -5 SL
grounds for entrance:
- M5 at downtrend
- PA did not break dragon following high quantity candle
- Waited for retrace to dragon
Unfortunately hit SL through large disperse (1.7pips)
Have a Great day all
Regards
PVSRA Scalpers,
I see that some are incorporating many USELESS INDICATORS that deviate from our TIME PROVEN SUCCESSFUL PVSRA charts.
Traders, of course, can trade with whatever indiors they wish, but as previously advised several times throughout this thread, ONLY OUR PVSRA CHARTS CONSISTING OF OUR PVSRA INDICATORS SHOULD BE POSTED.
Let us ALL stay constant and remain true for our time tested method scalping our PVSRA CHARTS OFFERING INSIGHT TO TRADE WITH MARKET MAKERS.
I will not allow for this thread to go the way as most with Traders adding unnecessary lagging indior clutter to our charts serving no worth.
Those that disagree are welcomed to open their very own thread.
Cigarguy