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- robmagario replied May 20, 2016
CADJPY 1M +5PIPS - Reasons for entering BEARISH - Other time frames were in a bearish trend as well - Dragon was in a bearish trend - Entered just when a red candle broke Dragon downwards It went down really quickly after that and I hit my target ...
PVSRA Scalping with Cigarguy
- robmagario replied May 20, 2016
EURGBP 1M +1.3PIPS Reasons for entering BULLISH - Dragon was moving up (but inclination was not very salient). - Got 2 green candlesticks followed by a red candlestick and then another green candlestick on volume. I entered just after that one. - It ...
PVSRA Scalping with Cigarguy
- robmagario replied May 19, 2016
USDCAD 1M +5PIPS Reasons for entering BEARISH - Dragon moving down - Other time frames 5M, 15M were also bearish - Currency Strength showing strong CAD - Volume divergence - Entered on a red candlestick on volume - PA started to go against me but ...
PVSRA Scalping with Cigarguy
- robmagario replied May 19, 2016
TWO TRADES (1) USDJPY +0.2PIPS - Entered on the second red candle - Dragon was moving down - 5M and 15M time frames were bearish as well - Currency Strength showing very strong JPY - Green candle came along so I thought a reversal was coming soon ...
PVSRA Scalping with Cigarguy
- robmagario replied May 19, 2016
I used to do that always but recently I am also calculating a 50% to 61.8% retracement from the previous low (when I enter bearish).
PVSRA Scalping with Cigarguy
- robmagario replied May 18, 2016
Yes, you are right! After I read what you wrote, yes, it would have made more sense to enter 8 minutes later on that red candle! Yeah, FOMC, sometimes I forget that one!
PVSRA Scalping with Cigarguy
- robmagario replied May 18, 2016
EURCAD M1 +5PIPS Reasons for entering BEARISH - Dragon trend was BEARISH. I didn't like the inclination though because the inclination was not very strong, but then I looked at 5M and it looked much stronger. - Entered after PA tried to retrace and ...
PVSRA Scalping with Cigarguy
- robmagario replied May 18, 2016
Nice one! I would probably have entered at the same red candle as you did, or I would wait until the red candle that came after that one.
PVSRA Scalping with Cigarguy
- robmagario replied May 18, 2016
I am probably one of a few people here who understand this without having to rely on Google Translate, hehehe.
Robinho system power 1x8
- robmagario replied May 17, 2016
EURUSD M1 +5PIPS Reasons for entering BEARISH - Dragon's trend was moving down - Other 5M and 15M time frames were also bearish - After two red candlesticks and few gray ones, PA tried to correct but failed, this resulted in a purple candle. That's ...
PVSRA Scalping with Cigarguy
- robmagario replied May 16, 2016
I am not trading real yet, I am using FXCM in demo mode.
PVSRA Scalping with Cigarguy
- robmagario replied May 16, 2016
Yes, you are right. That's why I wrote "oops" when I saw the green volume bar. It was actually red in the beginning but later it turned green, so I thought it could retrace. I usually stop loss when it breaks Dragon upwards (if my trade is bearish).
PVSRA Scalping with Cigarguy
- robmagario replied May 16, 2016
AUDUSD +5PIPS - REASONS FOR ENTERING BEARISH - Dragon's trend was bearish - Other time frames 5M and 15M were also bearish - Entered on an inverted hammer, but after I entered it turned green
PVSRA Scalping with Cigarguy- Then, I thought oops! But let's see how it goes - ...
- robmagario replied May 14, 2016
Thanks a lot! We are all learning from you!
PVSRA Scalping with Cigarguy
- robmagario replied May 13, 2016
USDJPY +5PIPS Entered again just a few minutes after the first one. Reasons for entering BEARISH - After the first trade, I waited until another correction to Dragon. - This time it actually touched Dragon but failed to break it, so I entered after ...
PVSRA Scalping with Cigarguy
- robmagario replied May 13, 2016
USDJPY +5PIPS Reasons for entering BEARISH - There were two big red candlesticks on volume. The first one broke Dragon downwards. After the second one, PA tried to retrace back to Dragon but failed to break it. Actually it even failed to touch it. - ...
PVSRA Scalping with Cigarguy
- robmagario replied May 13, 2016
Very nice one! I was watching the same chart for a while but missed it as I am still in my office now :-)
PVSRA Scalping with Cigarguy
- robmagario replied May 12, 2016
EURUSD +3PIPS Reasons for entering BEARISH - Dragon was moving down - PA has tried but failed to break Dragon upwards - Currency Strength showing a very strong USD - Entered right after a red candlestick showing big volume Reasons for exiting - I am ...
PVSRA Scalping with Cigarguy
- robmagario replied May 12, 2016
Yes, as Cigarguy wrote, the indicators are on the first post of the thread.
PVSRA Scalping with Cigarguy
- robmagario replied May 12, 2016
NZDUSD two trades BEARISH +4PIPS reasons for entering bearish - Dragon moving down - Entered after PA broke dragon downwards - Strong USD - Closed because it seemed to me that it was not moving anywhere. +5PIPS reason for entering bearish - Dragon ...
PVSRA Scalping with Cigarguy