Intraday Live short term trading calls from an Expert Retail Forex Trader
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MajorMagnuM
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sold out of window EU, based on t8
Forexmospherian
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EU comment from nearly an hour ago
The nearest we got was 2470 - and now we need at least 2460 to hold any scalp buy on longer
Low so far 2426/7 area - tend to think its out of up channel well and truly now
BUT
Still a HL atm - so if we stay above 2400 and then go over 2600 next week - we would still be in an upchannel
Get the feeling we will struggle to get back over 2500 or 2520 now - but I am a short term intraday trader - not a fortune teller - so I dont want to carry on guessing - need to get back to the TA and the market gameplan
MajorMagnuM
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just taking 3 pips here and there
MajorMagnuM
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now taken 4 and on rem short again
MajorMagnuM
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sl be
MajorMagnuM
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Low so far 2426/7 area - tend to think its out of up channel well and truly now
BUY
soory F, if out of up channel why buy?
BUY
soory F, if out of up channel why buy?
Taking also few pips where the market allows me too. Hope your back gets better, buy a projector and display it towards your ceiling so then you can lie in bed and reach for the stars... erm I mean the pips
MajorMagnuM
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there ten for me taken a bit more off
Nicely played MM. Ain't Life beautiful when everything is in synch... 2 squirrels just crossed my garden at the speed of light, perhaps it was Nico and Lewis racing
MajorMagnuM
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m1 buy?
MajorMagnuM
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Nicely played MM. Ain't Life beautiful when everything is in synch... 2 squirrels just crossed my garden at the speed of light, perhaps it was Nico and Lewis racing
or hunt and Lauda
Forexmospherian
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Good question
Really its down to how you look upon trading I suppose
I would only scalp for say 3- 7 pips - if the day / session is really boring and I had not got many pips in the kitty
But any trade for me - in any direction worth 7 -25 + pips - is my bread and butter - it might be only worth $250 - but can on a good scalp be worth over a $1000+
So if I think EU will make over 2460 and test 80 and even 2490 - 2500 - I want those pips rather than thinking OK - I am up 120 pips or so for day - so have rest of day off etc etc
If I lose on any scalp buys - I will try and keep the loss under $150 and if I get 3 losses on 3 scalp buys in next 2 hrs - then - I have an hour of two off and think - what was I doing
But if I make another thousand or more over next 5 -7 hrs - i will be delighted
MajorMagnuM
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closed short rem and bought
Forexmospherian
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Sorry MM
It was not buy - it was BUT
My original error corrected within 10 secs I think
MajorMagnuM
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took some long pipsv already
MajorMagnuM
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ah sorry did not see edit!!!!
nite the timing of my eu long call. rem hit now tho
Forexmospherian
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Sorry to hear that Fugazsy
Need to go though the levels on a scalp on GU to show you how to stay in trades etc
Will post a GU 1 min chart and explain next - or in a bit
Meanwhile - might be boring for a bit now - but - you never know - still might be some more good scalps over next hr or so
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