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

[Forexmospherian]

EU - now new high with other one now over 30 mins with no breach - but swissy another low at 9026/7

 

[klw]

Morning KLW

Sorry - the relevance of the 72 to the 74 was on a 1 minute candle chart. I do use a tick line chart as well - but with the candle making a LH and LL on the 1 min - that for me was just another confirmation clue. I also had the quick LR's starting to go over price at a R area and in the time window etc - so more additional clue as well

Have a good day

Regards

F

Thanks for that F.

You got to love the old " tweezer " bars formation. In the right place at the right time can still be a great signal.

Cheers.

 

[Forexmospherian]

Sadly, we can't trade with hindsight, if we could, how different things would be !

You've got pips in the bag, there will be plenty of opportunities later, just a question F, you mentioned a daily target of 50 pips, do you stop trading when you get it or carry on?

HI Dinos

My daily target is 50 pips and generally I get it before say 3pm UK time

If i get my target by say 10.00am - I still carry on trading throughout the day - as I don't turn pips down - but if I hit a run of 2 or 3 bad trades in a row - then I will stop for at least an hour or more - before carrying on.

Some days 50 pips happens under 8 trades - and by say 14 trades I am well up

Other days - when i get a few wrong - I might need 14 + trades - just to hit my target.

Every 2 hrs or so can be so different - and I would only stop trading if I know I was going to be out all afternoon etc - and when I do have days over 100 or 150 pips - it gives me extra leeway and then can take the pressure off the rest of the week

I have no upper limit and on July 4th last year I had a cracker - 406 ( or 409 i forget now) pips from 24 trades - I don't think I wil be beating that for a bit ;-))

Have a good day Dinos

Regards

F

 

[MajorMagnuM]

ok got gu on screen

 

[Dinos]

HI Dinos

My daily target is 50 pips and generally I get it before say 3pm UK time

If i get my target by say 10.00am - I still carry on trading throughout the day - as I don't turn pips down - but if I hit a run of 2 or 3 bad trades in a row - then I will stop for at least an hour or more - before carrying on.

Some days 50 pips happens under 8 trades - and by say 14 trades I am well up

Other days - when i get a few wrong - I might need 14 + trades - just to hit my target.

Every 2 hrs or so can be so different - and I would only stop trading if I know I was going to be out all afternoon etc - and when I do have days over 100 or 150 pips - it gives me extra leeway and then can take the pressure off the rest of the week

I have no upper limit and on July 4th last year I had a cracker - 406 ( or 409 i forget now) pips from 24 trades - I don't think I wil be beating that for a bit ;-))

Have a good day Dinos

Regards

F

Cheers, FX, I know its not easy walking away when your up, I do try if I have achieved my goals for the days, but human nature and lack of discipline etc sometimes get in the way. :whistling.

Happy hunting

 

[Forexmospherian]

Morning MM

GU - yes took me out of 30% stake before falling again - typical ;-)

Cannot get under 94/5 for now - but need over 13 and 15 to break the down scalp bias

 

[Forexmospherian]

Hooray - GU under 94 ;-))

 

[MajorMagnuM]

i have ml at 872#

 

[MajorMagnuM]

and tl @658

 

[Forexmospherian]

it stopped at 91/92 at end of time window- so you can scalp buy for a few - or wait and see if you can sell again under 6606

Under 89 and 87 more scalp sells for 80 area

 

[MajorMagnuM]

but retest of 6604 int res and broken tl possible?

 

[MajorMagnuM]

it stopped at 91/92 at end of time window- so you can scalp buy for a few - or wait and see if you can sell again under 6606

Under 89 and 87 more scalp sells for 80 area

sorry just seen this!

 

[Forexmospherian]

sorry just seen this!

I have a down trend line from high of 6616 - touching 12 and now saying under 05 -07 - still should fall again

Would need over 08 and 13 to be scalp buying again and holding for higher

 

[Forexmospherian]

Notice now EU done another high to 3647 and is still scalp buy over 36 and 38

 

[Forexmospherian]

More red news on GU at 11 am and then more red news at 1.30pm on dollar and cad and 3pm on dollar again

 

[MajorMagnuM]

I have a down trend line from high of 6616 - touching 12 and now saying under 05 -07 - still should fall again

Would need over 08 and 13 to be scalp buying again and holding for higher

yes connecting both tops

 

[MajorMagnuM]

also tl under price using fracs at 07:37 and 07:57. notice break and retest at 09:32 and 09:37

 

[MajorMagnuM]

fall here on hour?

 

[Forexmospherian]

AU - back over 8800 and testing 8810 now on hour change - still scalp bullish over 8800

 

[Forexmospherian]

fall here on hour?

could be if 91 and 89 let go