DislikedGood Morning CigarGuy!Scalps based on Dragon. FIFO trade is awesome! I can see it actually flipped after I closed. Wow... {image}
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PVSRA (Price, Volume, S&R Analysis) 7,923 replies
PVSRA Scalping 13 replies
PVSRA Scalping EA 1,289 replies
Scalping M5 with PVSRA / 10pips Daily 64 replies
PVSRA Scalping 0 replies
DislikedGood Morning CigarGuy!Scalps based on Dragon. FIFO trade is awesome! I can see it actually flipped after I closed. Wow... {image}
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DislikedPVSRA Scalpers, Hoping to hear from you Guys/Gals in reference to my above Post #3826, suggesting that we either leave our trend indicator AS IS or proceed with testing a MODIFIED version as posted possibly visually providing an added edge.......This thread belongs to ALL and your input is always considered...
Regards, Cigarguy
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DislikedGood Morning CigarGuy!Scalps based on Dragon. FIFO trade is awesome! I can see it actually flipped after I closed. Wow... {image}
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DislikedPVSRA Scalpers, With minimal amount of testing, IMO it is for the trader to decide if they see a visual edge using the EMA's vs Dragon. ......I do think the EMA's offer a additional visual with the flattening out (ranging NO TRADE) and a trend change with the TWIST where as the dragon remains static.......we shall see.....Comments welcomed....
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Disliked{quote} Until now what I notice is that I tend to interpret a wide EMA's band as a strong trend... Which is bad maybe since I'm trading 5 and 1min TF... You are right I think when interpreting it as flat = no trade & twist = possible trend change. Not sure for now if it can bring more valuable information such as the strength of a trend. Maybe on higher time frame...Ignored
Disliked{quote} I think the new modified dragon looks very promising and could potentially help us all filter out risky trades while improving our edge. Thanks cigarguy for 'thinking outside the box' and developing what is already a great trading method. I agree that this needs testing but I think with the amount of traders here activing using PVSRA to scalp, it won't take long to compare results and get a definitive answer as to which dragon is most beneficial. The added colour also make the charts a little bit nicer to look at
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Disliked{quote} thedrrew, Thanks for your input as I am watching M15, M5 and dropping down to M1......I trade this as well ....Just enough information, sometimes Less Is More........I do find the candles on top of the hour candles to be of help as I often stalk for the new hour candle momentum move...... ...
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Disliked{quote} I don't know how you catch those moves at the beginning of the hour. I have never been good at it... Do you think it could be more useful(less distracting) to have the dragon on the 1min and the EMA's on higher timeframe ?Ignored
DislikedEURUSD 1M 3 trades +6.6PIPS 1st trade +0.4PIPS - I predicted we were going towards key level 1.11500, so I went short on this, PA started to go against me and I closed it. 2nd trade +1.1PIPS - We were too close to key level 1.11500, and price started to go against me, so I closed it. 3rd trade +5.1PIPS - After 2 consecutive red candlesticks with huge volume, I assumed we were moving away from key level 1.11500, so I went short. Reached my target and closed it. {image}Ignored
Disliked{quote} I don't know how you catch those moves at the beginning of the hour. I have never been good at it... Do you think it could be more useful(less distracting) to have the dragon on the 1min and the EMA's on higher timeframe ?Ignored
Disliked{quote} rob, Just in fun, not trading "What You See, but What You Think" got you less pips.......just kidding with you as we all fight that emotion.....Ignored
Disliked{quote} Yes, for the 0.4PIPS one, I really don't know what happened to me! Maybe I got too emotional. If I had just followed the rules, I would have reached my target of 5PIPS on that one as well.Ignored
Disliked{quote} thedrrew, I have a hour count down timer above my charts that gives me an alarm 5 minutes before the new hour candle forms. Once I get the alarm, I will stalk that pair and observe if PVSRA entry conditions will be confirmed and often catch a nice momentum move ......Ignored
DislikedPVSRA Scalpers, Quick heads up as PA reached and ran through RDH....See Chart.....{image}
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Disliked{quote} is this good or bad? (sorry for these silly comments...just trying to learn & understand)Ignored