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

[Forexmospherian]

10 39 am

Shame was not back in time for that 10 30 am drop - spike down

Now - in theory under 2807 or even 2803 - we should be able to scalp sell again on bounces staying under these levels

 

[rustler]

whatd i miss wow

 

[Forexmospherian]

10 44am

EU never bounced even over 93 and then fell again another 23 pip in last 6 mins

Love to know what happened at exactly 10 30 am - as dollar uddeenly spiked up - but no real effect on some pairs

 

[Chalky_trader]

10 39 am

Shame was not back in time for that 10 30 am drop - spike down

Now - in theory under 2807 or even 2803 - we should be able to scalp sell again on bounces staying under these levels

Hi F

quick Question Re EU

approaching 10.30 LRs wer below price on 1 min, shouldnt it have been a buy? ( realise it wouldnt have worked but checking my setup)

I guess some news was released causing the drop

 

[Forexmospherian]

whatd i miss wow

Yes I missed the main drop - but got 16 of the 25 pip drop so far happening on EU

 

[rustler]

supposedly a reuters report that ecb wants to buy bonds

 

[rustler]

this means i wont be trading until i reassess my numbers or the market stabalises... dont like to gamble... prefer not to lose my hard earned to the big boys..

 

[NVP]

hey F

I apologise ............no matter what I do I fall back on the old mega scalpamundo

hey - as the patient who thought he was a chicken said to the doctor...........

"don't cure me yet ...we need the eggs"

N

 

[rustler]

nice trades nvp..

 

[Forexmospherian]

Hi F

quick Question Re EU

approaching 10.30 LRs wer below price on 1 min, shouldnt it have been a buy?

I guess some news was released causing the drop

Agree from 10 00 am TW - EU was a scalp buy from about 2807/8

BUT

When a price cannot rise and breach a R - ie 2815 /17 - then it falls again

Once under 2807 then sell again

But the drop was so quick - it would have stopped normal traders without limit orders getting in

Also main objective - fry intraday bull scalpers

Alway s be aware for moves exactly on hr or 30 min change

This particular one was nasty and set up for sure

 

[rustler]

EU... 2780 to 2750 maybe

 

[rustler]

Agree from 10 00 am TW - EU was a scalp buy from about 2807/8

BUT

When a price cannot rise and breach a R - ie 2815 /17 - then it falls again

Once under 2807 then sell again

But the drop was so quick - it would have stopped normal traders without limit orders getting in

Also main objective - fry intraday bull scalpers

Alway s be aware for moves exactly on hr or 30 min change

Thi particular one was nasty and set up for sure

too true F...
let the markets determine your trade, not your opinion determine the market... thats what the big boys prey on...

 

[NVP]

nice trades nvp..

don't tell F ...he will kill me .......

 

[rustler]

hey it may just have been the reuters comment cause the AU still trading normally above 88... just eu got slammed... gonna look somewhere else for trades until it stabilises and gives some more information... might mean missing pips but thats life

 

[Forexmospherian]

hey F

I apologise ............no matter what I do I fall back on the old mega scalpamundo

hey - as the patient who thought he was a chicken said to the doctor...........

"don't cure me yet ...we need the eggs"

N

LOL

Morning N

First of all - 10 scalps in 3 hrs is ok - fine

And all winners - well done - excellent

Aa long as your net results after costs are positive - even better

I think if you can get your RR ratio around 1 - then no problem with your win ratio

But would be nice if out of every 5 scalps you get a RR over 1.5 or even over 2 or 3 - then you have cream on the cake - and a winning method that just needs fine tuning etc

This morning as been so nice - unlike yesterday morning ;-)

Keep it up and any pair you want an heads up on ???


Regards


F

 

[idhysek]

Falling Knife EU....

 

[Forexmospherian]

EU

The cut off for more staying in sells is approx 2780 -82

 

[rustler]

gu downside break

 

[Forexmospherian]

Falling Knife EU....

Looks like it atm - although 11 00 am - so see if we hit any supports in next 9 mins

 

[Chalky_trader]

Just grabbed a quick 10 on EU 75 to 65

Didnt like it as it had sold off so big already BUT it worked so hey ho!