PVSRA Scalping with Cigarguy

[Checo1081]

quote Hi , excellent spot and what you have said makes sense and could have been a good trade, but, if we assess the M5 TF we'll see a difference picture. Where you have discounted the yellowish area, price does form a bullish candle breaking the dragon with remarkable quantity, followed by a period of consolidation and a bearish candle with notable quantity. - Looks like a good brief.... However, if we assess the dragon, we could see its horizontal and really almost pointing upward (over 3 o'clock). Ideally, we always wish to be going into the market once the dragon...

I really appreciate your great explanation and illuion.
I need to read and practice them over and over.

Also thanks to others' suggestions and notably h2y's attempt to create Vape's explanation a PDF.

[iloka-camelay]

5 USDJPY

[sergittoage]

quote Good beginning, but please place our PVSRA charts using our Trade indior showing entries and exits....nothing more needed allowing traders to examine and give useful tips.... Cigarguy

SIR CG,
Ok sir ill article using PVSRA chart.... Thank you sir...

[sergittoage]

quote Hm ... much better you close MT4 and take pen. You must sort out things. What exactly are your CRV? You have -40 Pips and you take Profit 2-8 Pips. Why you create this? You make it under significant pressure if you'd like trade it this way. You need a hit rate many higher as 50 percent. What you wish to reach in a month and in 1 day, 1 week? Be certain that you construct no fantasy castle. Remain realistic. Do all the calculations you want to trade with your capital you have. I know first steps are not simple. Without construct principles do not rush. 1 thing I have also noticed...

Sir
I really appreciate your great explanation .when I lost my real money I learned something. . I learned that one /two pairs is fantastic for trading as you said. . Are there any pairs trading on London session? And also need to know about Stop loss... I really need to practice under your oversight. .

[scanpk94]

GBPUSD 7.7

PA above ema 200 and 50 is buy zone so I go for long

[Sadopo]

UJ M1 9 Explanation on chart

[Zikauskas]

UJ M1 9 Explanation on chart image

Nice trade mate! The quantity revealed positive that was nice strengt.

[lobo_rock]

EURUSD 6

Very standard trade on the breakout of a crystal clear service, with great bearish momentum. Closed it maybe but we are around the base of the range.

[Sadopo]

UJ M1 5 Explanation on chart

[oxndragora2012]

quote Sir I really love your good explanation .when I lost my actual cash I learned something. . Yesterday I learned that onetwo pairs is fantastic for trading since you said. . Are there any pairs trading on London session? And will need to understand about Quit loss... I really must practice under your supervision. .

I exchange eurusd and usdjpy nothing longer and that is enough to make profit. No need to worry with more and more charts. Also I have a predetermined risk/reward ratio. This implies I go for 5 Pips SL or 5 Pips TP. That is my selection and you loe your traget and cease which suits your plan. So no way to let the trade. Look that the price is that the SL TP produce sense.

Please choose pen paper, close MT4 and make the next days a program with fundamental calculations. You may do a lot more for your own trading as jumping in action without done this first. So this step!

A few hints, since this is something only you can take edge off and no other understand how good is the trading, how many capital you've got and what you would like to reach. Watch you what I mean?

What is your daily risk before discontinue trading or what's your goal before make finish? What about martingale (state 5 trades are complete x percent from account, normally you've got a hit after the next trade), start over with smaller lot-size after reduction of one serie? Or you could possibly can trade with a success rate over 50% you can mend SL TP I wrote earlier. Knowing this take you .

You see, a few things to possess build ahead of trading. Trading without a clue of a egy, is the way to loose over and over again.

Better make a egy that secure your cash before have massiv profits in few trades. With much more trading time you're able to optimze your egy also.

Hope that you get my things right.

Greets

Michael