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

[Forexmospherian]

im finding watching au for hints about gu, and therefore ea for hints about au useful (sometimes) is this a mistake?

No its fine - BUT remember it can be used as a devious set up and suddeen decoupling can take place - so use times and LRs to help read PA on each one knowing GU is more of a beast than AU

 

[MajorMagnuM]

as is au wtf

 

[Forexmospherian]

10 14 am

Gu deceived me just as exited too early so back in at 17

 

[MajorMagnuM]

sold au, 5 pip sl

 

[MajorMagnuM]

sl moved to -3

 

[MajorMagnuM]

closed gu long remainder

 

[Forexmospherian]

sold au, 5 pip sl

Never reached above 41 and 43 + so yes can understand you selling - BUT need under 34 to stay with it and over 43 get back looking at buys

 

[MajorMagnuM]

good looking spike hope its not just a stop grab AU

 

[Forexmospherian]

EU

10 18 am

0906 high above 0898 still a scalp buy for now

 

[MajorMagnuM]

Its heavy at tl

 

[Forexmospherian]

GU done me for minus 2 pips - and I bet it just a tease - although better to be safe then lose 5 - 7 pips

 

[MajorMagnuM]

Took 70% at 5.3pip

 

[Forexmospherian]

Notice EA kept rising after AU failed at 41 and 43 - nice scalp sell MM on it - WD

 

[MajorMagnuM]

gu done me for minus 2 pips - and i bet it just a tease - although better to be safe then lose 5 - 7 pips

sorry long or short was the loss?

 

[Forexmospherian]

need to check 30 min rule on interim highs and lows etc

I had thought AU might try 7750 before falling again

 

[MajorMagnuM]

tryin small gu sell

 

[MajorMagnuM]

need to check 30 min rule on interim highs and lows etc

I had thought AU might try 7750 before falling again

i wonder if 24 will be tried in next 7mins au

 

[MajorMagnuM]

gu short sl moved closer to entry

 

[Forexmospherian]

sorry long or short was the loss?

i had bought again at 17 and saw it make over 21 - but did not exit stayed with it down to 15 - was wrong on that - but made 28 pips off the 2 buys - so OK

 

[MajorMagnuM]

Notice EA kept rising after AU failed at 41 and 43 - nice scalp sell MM on it - WD

yes thsat factored in the decision but was a little wary as i had not seen them move like this before