Well, if I had traded short, I'd be trapped now. Besides that, it's forming sort of an inverse Head & Shoulders, so next week we might see a bull leg and potentially a GAP 2 Sell setup. image

Trading Journal - Lester Molester

STUDY #4 Ticker: XAUUSD I was watching XAUUSD this week for a potential H2 setup, specially because it would: Converge with a major TL test; Form a DB; Be a 2-legged move. As I recently learned, we need to see a prior demonstration of bull strength ...

Trading Journal - Lester Molester

STUDY #3 Ticker: USDCAD I'm skeptical about the current pullback to the EMA on this chart. It looks like the strength is renewed, because the last pullback retraced more than the current one. I'm thinking that there should be a bigger pullback ...

Trading Journal - Lester Molester

STUDY #2 Ticker: BTCUSD On the weekly chart, we are on a bull channel, currently consolidating below the previous swing high, which is also an All Time High that was recently broke by a few ticks. We are about to get a H2 entry bar on this chart ...

Trading Journal - Lester Molester

STUDY #1 Ticker: DAXEUR On the image below, I tried to highlight what I see in terms of bull and bear legs. The market formed a Wedge Top followed by two legs down. The second leg was small though, indicating weakness for the bears. On a lower time ...

Trading Journal - Lester Molester

Hi tahir654! In the first post of this thread you can find all the indicators and templates used in PVSRA analysis. Just so you know, the dragon is simply a ribbon obtained from an EMA(50) with an Avg True Range variation.

PVSRA Scalping with Cigarguy

Dear fellow traders, it's an honor to be part of this thread and actively trading once again. GBPJPY Long Trade

PVSRA (Price, Volume, S&R Analysis)

Hello friends, I never mentioned it in this thread, but my main trading style is actually swing trading. I've been actively scalping M1 charts for a month now and I managed to be profitable. The problem is that commissions took more than half of my ...

PVSRA Scalping with Cigarguy

AUDUSD: +0.1 pips avg I blew up a perfect trade because of greed Yesterday I had a winning short trade on GBPUSD (+7.3 pips avg) and after having my TP hit I watched price dropping more 20 pips. It felt like I left a lot on the table ...

PVSRA Scalping with Cigarguy

Thank you, skhu. I appreciate your comments. I usually start looking for these setups 1hr after Lo. I don't like trading during the first hour because I feel like there's not enough information on the chart yet.

PVSRA Scalping with Cigarguy

GBPUSD +7.3 pips avg

PVSRA Scalping with Cigarguy

EURUSD +5.0 pips Quick little scalp

PVSRA Scalping with Cigarguy

EURUSD: 8.15 pips avg

PVSRA Scalping with Cigarguy

Thank you, skhu! It was clear that there was something going on with that pump!

PVSRA Scalping with Cigarguy

USDCAD 1st Trade (Loss): -9.0 pips with 1 EPs 2nd Trade (Profit): +12.1 pips avg with 3 EPs (Dynamic trade management is key!)

PVSRA Scalping with Cigarguy

USDJPY +5.6 pips

PVSRA Scalping with Cigarguy