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

[Forexmospherian]

good start for all then. a good portent I hope

Remember - pace yourself

 

[Forexmospherian]

Swissy still not really tested 9001 again yet ?

 

[Forexmospherian]

Gu - cannot afford to keep 30% sell stake on over 37

 

[Forexmospherian]

sl hit for 12.4 on remaining 40k vol

confused here MM - did you add more sell stakes on under 23 ??

 

[Forexmospherian]

Out 30%stake on GU sell at minus 2 but made plus 7 on 70% - pretty pathetic for me there - must need a bacon sarnie ;-)

 

[Forexmospherian]

Gu got to look at selling again under 42-45 - otherwise its tricking us and the fall is false

 

[Forexmospherian]

confused here MM - did you add more sell stakes on under 23 ??

With it now - thought you had lost 12.4 pips on part stake - not made it - WD

 

[Forexmospherian]

Swissy - no attempt over 9001 and now 91 breached and price falling and still scalp sell under 94

 

[Forexmospherian]

F can I ask your advice on my g/u context chart?

Sure - were is it ?

 

[Forexmospherian]

Excuse me 10 mins = phone call

 

[Forexmospherian]

Sorry long phone call - back now to GU news on half hr

 

[Forexmospherian]

god why bother. check this out for disparity
3.8 pips at 140k gives me 14.36 profit
-3.9 pips at 200k gives me -73 loss

Agree totally out of sync - see what Fxpro say of this example ;-)
You would expect the loss to be more than profit gain - but not 5 times more - only twice maximum

 

[Forexmospherian]

kust sold g/u
here is chart.
note the sinusoidal placement of red pf

Nice Chart MM and I can understand your thoughts

But UK news on the half hr as given it a mild boost - purely so price can go up 30+ pips or so to take out trailing stops etc on GU bears.

Part of the markets master game plan to always catch traders out ;-)

 

[Forexmospherian]

still waiting for detailed reply from fxcm on the first one.
Going to need a great explanation to overcome the obvious problem here for anyoe wanting to do this day in day out. the above and last example seem like daylight robbery on first inspection.
commission = more than 50% of first close profit. Then look at the proportions of the next two.

i thought it was FXPro ?

 

[Forexmospherian]

Swissy - no attempt over 9001 and now 91 breached and price falling and still scalp sell under 94

84 low atm - if we dont breach over hr time window taking scalp sell off

 

[Forexmospherian]

Although EU is in a scalp buy mood atm - I dont see it going over 50 or 60 max. Will look to be scalp selling in next half hr

 

[be-positive]

F and whats your master plan for GU long/short ?

 

[Forexmospherian]

F and whats your master plan for GU long/short ?

Hi BP

Well i think its topped for now in the 6400-6500 area and so would expect falls and down bias - but day to day - would still scalp buy and sell and then see what levels go.

For now under 6415-20 its a down mode - but price could easily still try a LH up to 6400

Not so good on forecasting beyond about an hr - for me 2 days or a week is fortune telling

 

[Forexmospherian]

where are the stops? 6410?

i think long term swing traders might have them in the 6500= area and so need targets at under 6250 and below.

Many day traders might have them 6380 - 6420 and so if they have sold under 60 then if they under 6280 they will be happy and under 6250 delighted

However both these types of trades have RR's under 3 - even 2 and will take days or weeks

MM -You did an RR of 4 in under an hr yesterday - better payer

 

[Forexmospherian]

Eu still trying up at 50 - cannot not scalp sell it just yet and swissy down to 80