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

[Forexmospherian]

ok clear...

you selling and buying the range.... does your indicators confirm that?

Yes my 3 quick LRs on the tick and one min give me the scalp moves from say 2-7 pips by going all under price for up - or all over price for down

 

[Forexmospherian]

I use 9 Lrs mainly

3 for quick scalps - 6 for average moves 10 -25 pips and last longer 3 give me price structure for larger moves if all other 6 agree

 

[Fugazsy]

Yes my 3 quick LRs on the tick and one min give me the scalp moves from say 2-7 pips by going all under price for up - or all over price for down

You mean they turn before price?

 

[Forexmospherian]

trendlines say above 2409 /10 we should still try over 15

so range now say 09 to 16 - we need either way to be breached for next move

 

[Forexmospherian]

You mean they turn before price?

On tick chart - lag less than 10 / 15 seconds

On 1 min -lag can be 30+ seconds

 

[Fugazsy]

I use 9 Lrs mainly

3 for quick scalps - 6 for average moves 10 -25 pips and last longer 3 give me price structure for larger moves if all other 6 agree

I do not know this indicator....need to look at it...

a link?

 

[Forexmospherian]

9 45

2412 - out 30% STAKE on scalp buy - as 2412 was a scalp sell signal

we need 08 and 03 to go to hold it on longer

 

[Fugazsy]

trendlines say above 2409 /10 we should still try over 15

so range now say 09 to 16 - we need either way to be breached for next move

back to 2404

 

[Forexmospherian]

I do not know this indicator....need to look at it...

a link?

Most platforms have a linear regression indicator

Like a MA - But as better qualities - far better than the trades 50 -100 -200 ema stuff

not straight line LR's similar to moving averages - but quicker with less lag

standard setting 14

I use from 10 to 900 normally - standard setting normally suck on any indicator

 

[Forexmospherian]

EU

now at 2404 at 9 49 am

down to 30% stake on sell from 2411

 

[Fugazsy]

below 2404, 2395?

 

[Forexmospherian]

9 51 am

EU price 2401 now

Will hold 30% STAKE on under 05

 

[Forexmospherian]

below 2404, 2395?

Yes

Should test low

out 30% stake at 2396

Will try and sell again under 2405

 

[Forexmospherian]

Too much scalping for me on EU last hr

Will have 15 min break after 10 00 am

Now we can only think of holding scalp buy trades on for bigger moves above 2418 and 24

 

[Fugazsy]

long 98

 

[Forexmospherian]

Hope that helped Fugazsy at reading price at coalface

Its is readable most of time

 

[Fugazsy]

long 98

close +4

 

[Fugazsy]

Hope that helped Fugazsy at reading price at coalface

Its is readable most of time

Coalface?

I am following you, it is interesting, I do not know how you trade.....

But your S/R are as mine

 

[Forexmospherian]

long 98

Well done

Wanted to sell again at 2405 - but cannot just atm - we should stay under 08 or 11 though

then its if we test 2395 again - or if 2303/4 holds again

Going to have a break

Bias is still down under 18 and 24 - but remember next hr - that can change

GL

See you a bit later


Regards


F

 

[Forexmospherian]

Coalface?

I am following you, it is interesting, I do not know how you trade.....

yes - I call it the coalface - ie right at the start or the edge of trading - were all the movements stop and new ones start

After a week or so - I reckon you will start to follow it a bit more

Remember though it was about 6 -8 weeks before Major Magnum felt he was geeting in sync with reading PA at the coalface

see you in a bit