Intraday Live short term trading calls from an Expert Retail Forex Trader

[Forexmospherian]

EU

Now from say 2595 to 2625 area - approx 30 pips can be used as a BTTZ

ie ok for small scalps but ideally dont get caught out in both way false moves

 

[FXWorx]

I lost my confidence today

 

[Forexmospherian]

Red news at 3 00 pm

I just hope it starts some more moves as pretty boring now

I know we have NFP on Friday as so a lot waiting for then and next week

But new month and volumes and movements should increase next 2 months - I hope

 

[Forexmospherian]

I lost my confidence today

Dont worry - its normal for all traders to go through

Its a slow period etc - news in 25 mins - so might get better

A tip is stay live but drop stake size and get your mojo back over 10 or 20 trades

Also if you do have 3 bad trades in a row - stop have an hour off or so and then start again etc

 

[Forexmospherian]

EJ

2 40pm

A scalp sell just before it dropped to a new low at 138 14/15

we need to stay under 24 on bounces for lower again

 

[FXWorx]

Dont worry - its normal for all traders to go through

Its a slow period etc - news in 25 mins - so might get better

A tip is stay live but drop stake size and get your mojo back over 10 or 20 trades

Also if you do have 3 bad trades in a row - stop have an hour off or so and then start again etc

Thanks will do. I've been trading off 1 min charts - need to get to 10 s 2-3 pips difference on the entries

 

[Forexmospherian]

Thanks will do. I've been trading off 1 min charts - need to get to 10 s 2-3 pips difference on the entries

Yes - when you change frames it can effect your scalping etc

Also today is not really to easy as slow etc

 

[Forexmospherian]

EJ

so far down to 138 05

down to 30% stakes at 08 now will leave on whilst under 16

 

[Forexmospherian]

News in approx 7 /8 minutes

 

[Forexmospherian]

EU

We really need to see above 2630 and 40 for any chance of a larger retrace on this pair now

Back under 2600 and 2580 just favours another low

 

[Forexmospherian]

Both EU and EJ are back in scalp buy modes again now - but remember news in 3 mins or so - so be careful

 

[Forexmospherian]

3 01 pm

EU still tries up - whilst EJ drops again and another low for now

 

[Forexmospherian]

EU now at 2625 and GU at 6331 areas

Not strong enough so far to get through R areas

 

[Forexmospherian]

3 04 pm

both still trying and still scalp busy for now with 5 mins left in TW

 

[Forexmospherian]

GU impressive 6248 now ;-)

 

[Forexmospherian]

so dollar weakness from news and a change for now

Going to have an hr or so off next

Will pop back later

Remember stay focused - watch time windows and lock in profits anyway that suits you

GL


Regards


F

 

[FXWorx]

This is my attempt at making sense of GU
Sorry no pic

 

[MajorMagnuM]

gu m1

 

[MajorMagnuM]

ok gu. half hr in, at strong dy sups that was res, 6225 the nut to crack imo for a try for a new high

 

[MajorMagnuM]

however, lines since 4pm ish have me thinking the word timber.