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

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12 08 pm

UCad

peaked now at 2531 at start of last hour and pulled back 18 pips

UJ only peaked in last 15 mins at 119 91 and still might try up again#

EU - a pain not made over 75 and 78 still a sell with a low of 1155 - but making you either workwith a 15 / 20 trailing stop - so not my cup of tea - its just a scalp pair for me for now

EJ - no new low and needs one to come out of its BTTZ range

GU - scalp sell from Midday and 5369

Now dropped over 10 pips - so down to 30% stake and stop in profit at 65

See you later - long lunch I think

Stay focused


F
 
back for 2 mins .....

usd now firmly bear ...........it got tested repeatedly from 11 am onwards and didn't respond north further

massive cad spike earlier .........jees

N
 

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I attacked the usd sell move at 14.00 hrs ..........right on the hourly

so far most pairs have responded to the move that I called correctly

(I went Ucad and GU)

now I need to buckle up and ride things for as long as they last

later
N
 

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5-7 pips have been on offer ...enough to tighten and lock and get b/e minimum..........then you can do your thang as F does so well letting a smaller % run ..........

will the usd stay bear ?

will cad and gbp stay bullish ?

who knows , who cares ..........once you've stowed everything away start looking for the next scalp ...............

over and out

N
 

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ironically I picked wrong so far on the move

the eu and uchf both offered more pips on the 13-14 mins the usd was bear

but I didn't lose did I ..........I just rode slower horses .....such is life .......

later

N
 

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later all ............the guvnor will be back in his chair again soon........

happy trading
N
 
12 08 pm

UCad

peaked now at 2531 at start of last hour and pulled back 18 pips

UJ only peaked in last 15 mins at 119 91 and still might try up again#

EU - a pain not made over 75 and 78 still a sell with a low of 1155 - but making you either workwith a 15 / 20 trailing stop - so not my cup of tea - its just a scalp pair for me for now

EJ - no new low and needs one to come out of its BTTZ range

GU - scalp sell from Midday and 5369

Now dropped over 10 pips - so down to 30% stake and stop in profit at 65

See you later - long lunch I think

Stay focused


F

Over 2 hrs later and still in my 30% GU sell by 0 4 of a pip after a pullback up to 68 /69 and now at 57 after a 44 low

Taken out my UCad sell by 3 pips before the big drop - forget about the Cad news but was only on 30% stake
 
2 31 pm

EU back up at 1180 area after a 54 /55 low

Above 71 on pullbacks - still a scalp buy - under 66 and 62 - stay with sell
 
spinola said:
Stopping a trade before loss gets hit or taken.

So stop the trade, if you sense it failing, or about to. Small profit, small loss, yeah either likely. You see, you STOP THE LOSS ! From being one, or worsening.


agreed - but always always have a stop in place .....you just don't have to use it to exit

N
 
5-7 pips have been on offer ...enough to tighten and lock and get b/e minimum..........then you can do your thang as F does so well letting a smaller % run ..........

will the usd stay bear ?

will cad and gbp stay bullish ?

who knows , who cares ..........once you've stowed everything away start looking for the next scalp ...............

over and out

N

gu to 72 now (y)............ucad got stopped for a handful.....as the damn cad went south ....such is life
 
5378.........will let it run .....gotta scoot

later ............and give the guvnor a breath test

never drink and trade

hahahahaha
N
 
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