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

[Forexmospherian]

hows it going here with you guys today
?

Good day MM

was good first 3 hrs - then slowed down - and then busy after 1 00 and 2 30 pm etc

Been helping gft32 on his thread

I told him you were exactly same at start - over trading win ratios under 30% and basically pulling your hair out - and thinking I was mad etc etc

Thats how he's feeling atm I think


I told him will tell you - he was same during his learning curve etc etc

 

[MajorMagnuM]

3 59pm

Looks as though its not finished on GU and EU still

any opinion on this?

 

[Forexmospherian]

4 07 pm

EU - down at 0669 low

GU - down at 4730 low

Still in sells atm - but on 30% stakes and stops in profits etc

 

[Forexmospherian]

any opinion on this?

A nice 2 way junction

Big chart for me - but yes can understand you logic etc and also your thoughts on it

 

[Forexmospherian]

I reckon either 4 30 pm or 5 00 pm and it might change etc ??

 

[Forexmospherian]

I bet your scalp buying already even before 4 09 pm ??

 

[MajorMagnuM]

no was replynh on gftrader thread.

 

[MajorMagnuM]

16 08 wld have been my time if i had

 

[Forexmospherian]

16 08 wld have been my time if i had

GU one at 4 07 / 8 pm - was worth 20 pips

 

[Forexmospherian]

no was replynh on gftrader thread.

Cheers MM

I think gft32 just need moral support on the learning part - as he had a bad time

I have told him it will not just happen overnight or within days and weeks - but when other guys see your results nowadays they would never believe how you felt and performed at the start - but its like anything - all part of the learning journey - its just that its so frustrating doing it with trading - as it just psyches you out and does your head in at times - as logic and black and white are not part of trading ;-)

 

[Forexmospherian]

I reckon GU and EJ will be a 30 min rule

 

[Forexmospherian]

Back in 15 mins

 

[MajorMagnuM]

yes some more thougthts.
1) if markets are not random, even at this level, then applying any structured approach over time will reveal a narrative that becomes clearer with familiarity, as we all have huge brains that can discern lots.
watching four components essentially enhances the accuracy by demanding a set of conditions reoccurs with a given frequency.
gft should take heart from this, that it is feasible
t

 

[MajorMagnuM]

wowo nice call on ej, plus 3 long atm and sl at an acceptable -2 if 58 wont break

taken 70% for 5 or so pips

 

[MajorMagnuM]

Hi MM,

I am new to F, just started a couple of weeks:

http://www.trade2win.com/boards/trading-journals/204554-my-journey-towards-consistency.html

Yesterday was very bad, I shifted way far and ended up with 155 trades..


I'm struggling tbh, and I appreciate if you can help? especially tips of your first days/weeks...my first goal is to read PA right and get win % over 60%

ok. first thing is chill. i wasted too much energy being grumpy and angry with myself and whatevrer came into view. this is a bitch that can be tamed

 

[MajorMagnuM]

ej sl on rems hit for0.0 pips

 

[Forexmospherian]

GU

Guess 4 39 pm was a scalp sell

Was not here to jump in

65 -70 should hold I reckon ?

 

[MajorMagnuM]

looking

 

[Forexmospherian]

GU

Guess 4 39 pm was a scalp sell

Was not here to jump in

65 -70 should hold I reckon ?

Sorry getting my EU levels mixed with GU SELL

Both scalp sells after 4 39 pm

 

[MajorMagnuM]

ok first look