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

[NVP]

morning all

sorry I cant replicate or report on F's unique approach - I incorporate some elements into my style .......but i'm a different scalping animal completely to most traders

anyway the usd is bull ...........euro looks weak

i'm scalping usd buys into Europeans at the moment......6.45 was the start of the last usd bull burst and still running

N

as stated I am locked on usd buys London session

just came back around 7.50 for me to re-enter markets

my charts are GMT -1

N

http://www.trade2win.com/boards/fore...ml#post2526842

 

[NVP]

as repeated ...............guys I am certainly not Forexperian in terms of my scalping style and approach ............we need MajorMagnum to post a few (or other purist followers of the F) to show his style of trading on here whilst he is away

but I am contributing when I can here ..........in the strengthmeter style I use which is dominated by the usd index and following the direction of the usd to determine and scalp trade USD pairs

I am slowly incorporating some of F's excellent methodologies into my system .......especially time windows........and it is certainly enhancing my scalping performance

I would encourage everyone to read his threads and learn from them .........

N

 

[NVP]

as stated I am locked on usd buys London session

just came back around 7.50 for me to re-enter markets

my charts are GMT -1

N

http://www.trade2win.com/boards/discretionary-trading/fore...ml#post2526842

around 8.09 (one of F's windows)the usd again came north ........gbp was the primary sell in Europeans

sure usd is under a lot of selling pressure.........but I continue to buy it until I decide to sell it ......which is not yet
gmt-1 on charts

 

[NVP]

8.21 the buy phase ended...stay in any decent trades .......tighten /exit others ..wait for next burst

N

 

[NVP]

8.30 bar coming .........and we have just had another usd buy signal

 

[NVP]

gu is the sell..................perhaps wait for 7.30 bar to confirm reselling i

 

[NVP]

0552 the EU ..again wait for reconfirm of selling here

 

[NVP]

BANG .......usd going north but no European sells yet .wait

 

[NVP]

here comes the eu sell ......

 

[NVP]

BANG ...0549 already !!

 

[NVP]

gu dropped 4 pips

 

[NVP]

hope you realise its impossible for me to trade and post at speed.........

0547 the EU
4647 the GU

now

 

[NVP]

the secret to scalping for me is enter , grab the 3-5 pips to ensure B/e or profit ...and run the market if theres no savage retrace

I use multiple entries like F does ........... and take of a % once pips up

N

 

[NVP]

hope you realise its impossible for me to trade and post at speed.........

0547 the EU
4647 the GU

now

now

0542
4644

that's comfortable B/e on eu trade (0552 called) and letting a little run ..GU also provided 10 pips run down for a comfortable trade

Next opportunity please

 

[NVP]

8.09 was the bottom of this last nice usd run north ............20-30 pips on GU if you had got in early

N

 

[NVP]

ok gotta scoot as waiting on a decision from the VC group funding the project i'm working on as finance /commercial lead

if you follow my thread you will know that I'm still doing this scalping stuff part time ............longest apprenticeship in history it seems !

later all
N

 

[MajorMagnuM]

the secret to scalping for me is enter , grab the 3-5 pips to ensure B/e or profit ...and run the market if theres no savage retrace

I use multiple entries like F does ........... and take of a % once pips up

N

yep this is what i tend to do alot

 

[NVP]

10.25 ...now or never for a bull response by the usd ...........its been on back foot and selling for a while

 

[NVP]

4630 the Gu
0567 the EU

wait ..........

 

[NVP]

not yet ...........wait ..........the usd is still battling to go north again