Intraday Live short term trading calls from an Expert Retail Forex Trader
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Forexmospherian
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EJ
8 52 AM
Done nothing on this pair - just stayed with 30% stakes on EU and Swissy and added scalp sells on EU so far
So missed out on lovely fall from 8 00 TW - so far dropped approx 40 pips
We have interim supports before the big round number at 147 00 - so lets get ready to see where drop stops for a bounce
8 52 AM
Done nothing on this pair - just stayed with 30% stakes on EU and Swissy and added scalp sells on EU so far
So missed out on lovely fall from 8 00 TW - so far dropped approx 40 pips
We have interim supports before the big round number at 147 00 - so lets get ready to see where drop stops for a bounce
NVP
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thanks ..back later .........usd still buying as I leave
Forexmospherian
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The EU and Swissy are the 2 real movers as GU and AU not joining in same party atm
Dont forget lots of Pound news today starting in just over 30 mins
Dont forget lots of Pound news today starting in just over 30 mins
Forexmospherian
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First bounce at 147 05/6 - under 19 still in scalp sell mode - but that could still be a 10 pip + scalp buy from 06
Forexmospherian
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First main bounce on EU from 2324
Still a scalp sell again under 42 and even 48 - but if it got that far - its a 20 pip plus bounce and thats a great scalp buy then
Still a scalp sell again under 42 and even 48 - but if it got that far - its a 20 pip plus bounce and thats a great scalp buy then
Forexmospherian
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9 02 am
Missed start of GU scalp buy - as was not back for 8 39 am to take it
So far it moved back up over 25 pips in less than 30 mins
Pullbacks staying above 31 are scalp buys again - and then we need above 55 and 60 to hold buys on longer
Missed start of GU scalp buy - as was not back for 8 39 am to take it
So far it moved back up over 25 pips in less than 30 mins
Pullbacks staying above 31 are scalp buys again - and then we need above 55 and 60 to hold buys on longer
Forexmospherian
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Back in 10 mins
Forexmospherian
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9 12
EU - so far made 44
EJ - so far made 24
In both on scalp buys - but already banked 70% and leaving 30% on with stops in 5 pips of profit
EU - so far made 44
EJ - so far made 24
In both on scalp buys - but already banked 70% and leaving 30% on with stops in 5 pips of profit
Forexmospherian
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Lol - what at my age - hehe
Forexmospherian
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Its amazing really - we are in a dollar strength morning session - and I have 30% buys on EU / EJ and GU atm
GU news in 15 mins
GU news in 15 mins
a bit of laugh mate.....
But seriously your charts are unreadable...I refuse to read, I get an head ache....ask BP:innocent:
Forexmospherian
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I suppose I have got so used to them over last 7 years or so - its made them easy for me
Most traders would say - what a mess - and get confused with them - but once you understand them and the different LRs etc - then its easy
I think it took Major Magnum about 1 month to start to be able to follow them etc - so yes - I do not what you mean
The devil is in the detail and on a nice large screen - you see every half pip move - easy
Forexmospherian
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9 23 AM
With Gu news in approx 7 mins - its pulling back from 5651
Out 30% stake now at 45 - as would not leave on for news anyway
Above my line in sand ie 5637 /38 still favours higher
Under there and 25 - scalp sells
With Gu news in approx 7 mins - its pulling back from 5651
Out 30% stake now at 45 - as would not leave on for news anyway
Above my line in sand ie 5637 /38 still favours higher
Under there and 25 - scalp sells
It works for you, that what is important, EU is pulling back to the ema and the RN, UJ is hovering around the previous day high.
Myself I am a bit nervous when I am taking a trade, I need to overcome that.... took a short on EU but bailed out and did not take my second signal because I thought we were into range....then it dropped.
I like the way I trade, I just need to get use to it and in the mean time I do not want lose money..
Forexmospherian
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Dont worry about being nervous etc pulling the trigger and entering etc - It took me a good thousand of so live trades to be able to relax more etc
As long as you know over every say 50 or 100 trades you method works - then you dont feel so bad if you have say 4 consecutive small losses
It happens to everyone#
About a month ago - one Monday - I had 3 losses in a row and 6 bad trades in the day
It was still a positive day - but if I had not been experienced - I would never have ended up taking over 20 trades - I would have flipped and given up etc etc- and lost money that day
Time - experience - and never let a winning trade go into a loss of any size
Forexmospherian
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9 33 am
GU news - 2 way spike for now
Will let dust settle - still scalp bullish above 38 and 44
GU news - 2 way spike for now
Will let dust settle - still scalp bullish above 38 and 44
thanks for you post amico. it is a good post...
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