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

[itspossible]

lol^i was watching the dow and it was all over at 6pm on the news but finished flattish

 

[Forexmospherian]

which was your fourth/ my reds were above

Got one at 39 setting

any one between 35 and 45 would have been under

 

[Forexmospherian]

lol^i was watching the dow and it was all over at 6pm on the news but finished flattish

For me on my chart set up the EU sell off had started earlier on under 2749 - 22 and then under 2715 and 2700 - but a new scalp sell was on from 5 51pm - 9 mins before the news release

 

[MajorMagnuM]

i got short at
stop already tight

 

[MajorMagnuM]

Got one at 39 setting

any one between 35 and 45 would have been under

yes ok. the structure above was what was making me reticent. i hope this gives you an idea of how a learner is seeing the situation.

 

[be-positive]

Long EU @74

 

[MajorMagnuM]

flat atm

 

[Forexmospherian]

yes ok. the structure above was what was making me reticent. i hope this gives you an idea of how a learner is seeing the situation.

Yes - I think my clues were -

1 Drop had carried on longer than I though it would

2 after 8 21 am - new TW - so could be a change

3 8 20 / 21 am was a low - convenient ;-)

4 3 quick lrs under


5 Bounce on tick / one min saw HH and HL within 2 mins

6 If I was wrong - would still be able to get out with 1 - 3 pips - or breakeven etc

7 All 5 - 15 min traders would still be selling etc

8 - 50 - 60 all support areass

 

[MajorMagnuM]

its till in its little triangle

 

[MajorMagnuM]

i cant see point5, can u show me, also can you elaborate on point 7

 

[Forexmospherian]

its till in its little triangle

we need over 2583 and 87 - otherwise - could fall back into a BTTZ

 

[Forexmospherian]

i cant see point5, can u show me, also can you elaborate on point 7

If you had a tick chart on bars or candles - or even a 1 min - PA was within 3 candles bullish - even in just a 4 pip move - ie HL and HH

Also the market knows when its got more sellers in - ie off 5 and 15 min charts etc - and so the market knows - OK - time to fry them - ie gameplay etc

 

[be-positive]

:cheesy:

 

[MajorMagnuM]

:cheesy:

gl, im not so sure yet but eye not in as yet

 

[Forexmospherian]

8 21 am onwards - been my most cash productive - check other pairs as well

Time for a break I reckon

 

[Forexmospherian]

9 00 am

No 83 and 87

so what happens

Another sell off

Great tricks this morning

 

[MajorMagnuM]

got that

 

[Forexmospherian]

:cheesy:

Morning BP

Just got my bacon in the grill

 

[MajorMagnuM]

i just remembered to vote for the thread.

 

[MajorMagnuM]

taken 70 % etc