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

Status
Not open for further replies.
EU

10 53 am

Whilst we stay under 1263/65 - the EU is still a sell for now testing supports at 40 and 45 and then if they break 1220 area
 
Timing is so important for intraday trading - along with levels

10 55 and 10 56/58 are not my normal key times - but are in the 2 time windows of approx 9 mins either side of the 30 and 60 min frame changes

I work on 6 key times per hour and 2 TW's but sometimes the moves start 2 or 3 min away from an exact KT - every day - you need to check them out and fine tune and adjust to the market and its bots etc
 
lows to watch to see if not breached in 30 mins are as follows from approx 10 52/54 am

EU - 1239

EJ - 138 86

GU - 5555 - previous low held well over 30 mins now

Going to be popping out this hour and also after 2 30 pm this afternoon - but will be trading in between and then hopefully after 4 30 pm
 
Timing is so important for intraday trading - along with levels

10 55 and 10 56/58 are not my normal key times - but are in the 2 time windows of approx 9 mins either side of the 30 and 60 min frame changes

I work on 6 key times per hour and 2 TW's but sometimes the moves start 2 or 3 min away from an exact KT - every day - you need to check them out and fine tune and adjust to the market and its bots etc

Sorry for the silly question what do you mean by TW and KT?
 
EXwArsasdczch.png
 
Last edited:
GU bounce starting from 5545 for now

On scalp buys - its really up to you and how quick you are etc

You really need to see at least over 7 or 10 pip moves to stay with them - and even then within 2 mins - they can reverse quickly

I think the GU needs back over 5562 and 67 to think sells might be finished for a bit

On EU and EJ just checking levels again

GU

10 18 am

Low in end was 5543 and now its made a retrace of 30 pips - so far


If you managed to get 10 or 20 pips or more out of scalp buys - Well Done

lows to watch to see if not breached in 30 mins are as follows from approx 10 52/54 am

EU - 1239

EJ - 138 86

GU - 5555 - previous low held well over 30 mins now

Going to be popping out this hour and also after 2 30 pm this afternoon - but will be trading in between and then hopefully after 4 30 pm

12 45pm

Back now


GU as been the best since after 10 00 am - over two and half hrs ago

So far retraced up 85+ pips

Going to check other pairs next and answer any points etc
 
Sorry for the silly question what do you mean by TW and KT?


Hi CS

I will update the abbreviations again - no problem

TW - time window - 9 mins either side 30 and 60 min frame changes

KT - Key Time - ie 6 in the hour - 3 in each TW

LR - Linear Regression

PS - Price Structure

TL - Trend Lines

LitS - "Line in the Sand" - base for session PS

S & R - supports and resistance levels

30% - part stakes with a stop already in a small profit

P& P - Pyramid and Peel - add to stakes or take part stakes off trades

Scalps - based on soft stops of 3 to 7 pips - depending on the FX pairs spread

Targets - 7 -25+ pips within ideally 20 mins or less

Trying to think of others now

Regards


F
 
Last edited:
Hi CS

I will update the abbreviations again - no problem

TW - time window - 9 mins either side 30 and 60 min frame changes

KT - Key Time - ie 6 in the hour - 3 in each TW

LR - Linear Reagression

PS - Price Structure

TL - Trend Lines

LitS - "Line in the Sand" - base for session PS

S & R - supports and resistance levels

30% - part stakes with a stop already in a small profit

P& P - Pyramid and Peel - add to stakes or take part stakes off trades

Scalps - based on soft stops of 3 to 7 pips - depending on the FX pairs spread

Targets - 7 -25+ pips within ideally 20 mins or less

Trying to think of others now

Regards


F

You are a true gentleman sir. Saved to a text file as a reference until I memorise them all (I'm slow)
 
Status
Not open for further replies.
Top