morning all
attacking european buys ........usd for me is still a sell at present
Morning F,
Time difference killing me here, been awake since 03.30.
I caught up yesterday, seems you guys had a good day, my that NVP can write. That what the scroll is for on the mouse lol.
Missed the action yesterday and will again today but keeping an eye on things. I saw that there were many good signals off the charts yesterday.
Good luck today and for the week and to all you guys here.
Cheers
morning all
attacking european buys ........usd for me is still a sell at present
eu offering 72-77 buy scalps .........tight though
Good Morning to all FX Intraday Traders
The action started after 5 00 pm this morning but was not here to benefit - my first scalp buy did not start until just after 5 53 am on the EU followed up by a scalp sell after 6 00 am at 6 04 am .
Those 2 scalps have so far made me my first 10 pips of the day - OK not a lot - but the stops were both 3 pips including my spread at 0 6 of a pip on the EU
I dont normally want to scalp for just 3 to 7 pips - I prefer to try and catch the 10 -25+ pip moves from 3 -5 pip stop size - but as the saying goes - "beggers cannot always be chosers" and so I have to accept what the market will give me at this time of the morning and in this case its still approx $300
The main reason I find it important to start early is mainly to try and catch the early moves that some times can then go on to last most of my main session.
A good example yesterday was early scalp buys on the EU that then at some part stakes left on that lasted through out the day. This happened with several FX pairs and if I cover say 6 or 8 pairs and I can catch 2 or 4 pairs that make nice rallies over say 4 or 10+ hrs and just stick my part stake stop in a profit of a few pips - i just dont have to worry - its a win -win - what ever happens - either stopped out with just 1 or 2 pips - or I make 30 / 50 /100+ pips etc - with no new risk.
OK - normal stuff again today
All FX contributors welcome as long as they are not complete newbies - I must advise them this is not a thread for them - ideally you need at least 12 -18 months of FX experience - on any time frames - but at least know all the basics etc etc
Mostly all contributors are Intra-dayers - either outright scalpers or short term swinger or both - but personally I dont mind if you just take 5 trades a day or 50+ thats entirely up to you and your own specific plan
I hope you all know my plan and method etc - and if not there are other threads explaining more in detail etc
Have a good day - and stay focus along with taking breaks when needed
All the best
Regards
F
6 50 /1 am - a KT was scalp buys on EU and EJ#
Be careful with any 7 00 am spikes[/QUOTE]
At times they are too obvious
Got the UCad bearish atm and UChf / swissy still bullish
EJ and GU both in bullish PS 's - but both being scalp sells along with EU after 7 00 am
Quick changing stuff as you expect over the Opens with another one to come at 8 00 am
Out this morning at 8 10 am for ab out 40 mins
5567 gu buys , 1066 gu buys .................right on the line here .........if it turns we will have a decent run up
72 and 69 the highs ..............trying
5567 gu buys , 1066 gu buys .................right on the line here .........if it turns we will have a decent run up