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- robmagario replied Apr 7, 2016
As Cigarguy pointed out, before entering did you observe the greater time frames like M5, M15 and M30? Moreover, if you take a look at your EURJPY M1 chart, before you got the purple candlestick, you had already gotten 3 huge red candlesticks and ...
PVSRA Scalping with Cigarguy
- robmagario replied Apr 7, 2016
Made 6 PIPS! AUDUSD M1 Reasons for entering bearish - Got a red candlestick trading below Dragon - The move on other time frames 5M, 15M, 30M were bearish - Entered a bit too early though, I should have waited longer What happened - It started to go ...
PVSRA Scalping with Cigarguy
- robmagario replied Apr 7, 2016
Made 14 PIPS
PVSRA Scalping with CigarguyReasons for entering bearish - overall trend was bearish on other time frames, M5, M15, M30, H1. - Dragon was going down. - The 2 previous candlesticks had failed to break dragon upwards, and then a red candlestick just broke dragon ...
- robmagario replied Apr 5, 2016
Trading Asian hours today. Two trades. Reasons for opening the first trade. - there was a retracement of the previous leg in red followed by a 100% Fib extension, so I thought it was time to go bearish. - so I sold it, but after a while it reached ...
PVSRA Scalping with Cigarguy
- robmagario replied Apr 5, 2016
Yup, I always look at the overall trend on M1, M5 and M30 to predict for how long the trend on M1 will be bearish or bullish. Too many retraces on M1
PVSRA Scalping with Cigarguy
- robmagario replied Apr 5, 2016
+8 PIPS - Entered a bit too early, and it went against me, but then I saw that the price broke dragon upwards but just a bit, so I decided to stay in the trade because I looked at other time frames and 5M, 15M, 30M were all bearish, so I thought, ...
PVSRA Scalping with Cigarguy
- robmagario replied Apr 5, 2016
Do you live in Asia as well? I am in Hong Kong.
PVSRA Scalping with Cigarguy
- robmagario replied Apr 1, 2016
EURJPY 1M chart. Reasons for entry - Double red candles with a hammer between them confirmed the move was bearish. - Dragon was moving down - PA trading below dragon Reasons for exiting - This was actually an operation mistake! I right clicked on it ...
PVSRA Scalping with Cigarguy
- robmagario replied Mar 31, 2016
Trading Asian hours since I live in Asia. :-) Reasons for entering: - Price goes down, touches dragon, but doesn't break it. - Trend is moving up on M1, M5 and M15 - Volume shows two candles (red then pink) Reason for exiting: - Dragon was initially ...
PVSRA Scalping with Cigarguy
- robmagario replied Mar 30, 2016
Thanks Cigarguy, As for the Fibonacci expansion, what I do is to use the normal Fibonacci Expansion tool that comes with Metatrader 4. I don't use any proprietary tool. By using that, I first measured the length of the first wave on (W) and then in ...
PVSRA Scalping with Cigarguy
- robmagario replied Mar 30, 2016
Hi everyone, This is my very first post. Reasons for entry: Price already did a correction on X. Price broke dragon at 0.78592 Trend line was going bearish Reasons for exiting: Price reached equal legs on (Y) if you count it from (W). It reached ...
PVSRA Scalping with Cigarguy