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

[MajorMagnuM]

ss on eu did not take as was again out of the time window

 

[Forexmospherian]

worst case scenerio

Eu supports at 55 -60 area - we could scalp buy there

meanwhile lock in profits or drop to 30% stakes on sell

 

[MajorMagnuM]

ie the eu had moved at least 8 pips before the tw opened.
ss gu sl hit.

 

[Forexmospherian]

ss on eu did not take as was again out of the time window

Agree

It was 75 by 10 21am

But the clue of triple top - R's and 4 pip pullback with not bounce before 10 21am - means 10 19 am was fine

 

[Forexmospherian]

Remember - be fluid - not too black or white on exact rules - as sometimes they will counter act

This is were experience can balance risk of a 2-3 min early entry#

Worst case scenario - lose 3-5 pips

 

[Forexmospherian]

After a 40 pips rise in what under 45 mins - you expect a pullback over at least 7+ pips

 

[Forexmospherian]

Drop from 2684/5 now down 20 pips

still cannot scalp buy at 10 32 am

 

[MajorMagnuM]

After a 40 pips rise in what under 45 mins - you expect a pullback over at least 7+ pips

I did not expect it, there was no hint in the previous pa pre tw that a fast pullback wld happen.

 

[Forexmospherian]

MM

would agree any entry from 83 to 85 would be risky - but would it

Then under 80 OK - and still had 72 as possible scalp buy area

Its looking at 3 quick lrs and from 79 to 66 - all in line for me

 

[Forexmospherian]

I did not expect it, there was no hint in the previous pa pre tw that a fast pullback wld happen.

Sorry

Check last highs yesterday ;-)

 

[Forexmospherian]

I think i will type a list of clues for looking at sells in 70 -85 area on EU
#

In the end the market took it up to limit - before profit taking

 

[MajorMagnuM]

MM

would agree any entry from 83 to 85 would be risky - but would it

Then under 80 OK - and still had 72 as possible scalp buy area

Its looking at 3 quick lrs and from 79 to 66 - all in line for me

well by the time they r in line price is 9 pips from the top, with all other lines below and saying bullish

 

[Forexmospherian]

EJ

example of joke PA over last hr

Price falling - but being made into ugly movements of 4 -8 pips a minute

Its is ok for pure scalping - N maybe one you would like - but for my type of scalping - not ideal

 

[MajorMagnuM]

bought eu

 

[Forexmospherian]

well by the time they r in line price is 9 pips from the top, with all other lines below and saying bullish

From 85 to 72 was a mini BTTZ

But add up all the sell clue against staying with buy above 72 - and then see the result

--ie profit taking

 

[Forexmospherian]

on dynamic trendline and allows for 2 pip error - still scalp bullish now above 57

Would need under 55 and 50 to hold sells on

 

[MajorMagnuM]

sl hit

 

[MajorMagnuM]

well it was at dy supps at eotw, 3lr under all in line and it failed.

 

[Forexmospherian]

sl hit

sorry you are not really thinking this out MM

we need really a price above 70 and pullback above 65 to say scalp buy - plus main white quick lr still over price

 

[Forexmospherian]

cannot even think about scalp buying now until price at 65