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

[Forexmospherian]

4 59 pm

EU at 29/ 30 and BP is smiling ;-)

 

[Forexmospherian]

The bounce at 26 /7 not too strong atm - not a buy yet

 

[be-positive]

4 59 pm

EU at 29/ 30 and BP is smiling ;-)

 

[Forexmospherian]

EJ also dropped 15 pips

wrong - over 20 pips

 

[Forexmospherian]

26 trying to hold - N would be scalping here at 27

 

[Forexmospherian]

I think we need a bounce over 40 to stay with any scalp buys

Under 1022 and 17 sells again

 

[Forexmospherian]

the clues for buying on EU are now 33 and 36

Under both still a sell

 

[be-positive]

Think I have had one of those eureka moments today

 

[Forexmospherian]

Yup, trading Dax at open with a 10p s/l is quite an odd one shall we say.
Plus only qualified mates can post, so it's a bit meh!

I dont think I would qualify - probably that's good as i would only be fortune telling on strange instruments lol

 

[Forexmospherian]

Think I have had one of those eureka moments today

i hope you have BP- and also hope its been a good day

Have a great weekend


Regards

 

[Forexmospherian]

GU

4 43pm

Next R's at 5650/ 55 area

If we get there will look for sells - although finishing by 5 30 pm if possible

it dropped at 5649 at 5 00 pm ish

Missed it and not bothering now

have a great weekend guys


Will pop back in later to see end results

All the best


F

 

[be-positive]

better not get to big headed have to get out the door (lol)

 

[be-positive]

Just gone long eu 38

 

[be-positive]

just gone long EU

 

[be-positive]

stop -7

 

[be-positive]

ok guys thats me finished for today -------- all the best and catch up again ( not that anyone will be interested was out of that last trade @ 5.30

 

[Geofract]

Nice EU M5 sell bar



Sorry F, I am corrupting your thread slightly...

 

[Jon Salgerier]

KTs ever out of synch but still present?

Good evening if anyone is still out there.

I have been struggling a bit today where the market hasn't quite done what I assumed it will do so trying to analyze a bit and will this can very well just be imagination it seems as if the KTs on the GU wasn't quite where I expected them to be on several occasions.

I have checked a number of moves and they seemed to start rather on hh:15/16 or hh:35/36 than hh:21 and hh:39 respectively. Is it just in my head or is it something that happens sometimes and should be kept in mind?

Have a nice w/e
Jon

 

[Forexmospherian]

Nice EU M5 sell bar

View attachment 195508

Sorry F, I am corrupting your thread slightly...

Hi G

No problem

i welcome all charts from tick to monthly - with any indicators etc - so always feel free to share what you might be watching etc

Have a great weekend and see you next week

Regards

F

 

[Forexmospherian]

Good evening if anyone is still out there.

I have been struggling a bit today where the market hasn't quite done what I assumed it will do so trying to analyze a bit and will this can very well just be imagination it seems as if the KTs on the GU wasn't quite where I expected them to be on several occasions.

I have checked a number of moves and they seemed to start rather on hh:15/16 or hh:35/36 than hh:21 and hh:39 respectively. Is it just in my head or is it something that happens sometimes and should be kept in mind?

Have a nice w/e
Jon

Hi Jon

My main 2 TW's based on the hour frame change and the half hr frame charge have always worked for over 7 years and became more apparent to me the last 4/5 years when I checked over a 6 months period the most common scalp turn points

I then ended up with 6 key times and 2 which did occur - but not so much - ie 15 mins past and quarter to the hour.

The most common change was just after the hour to 9 mins past.

I allowed 9 mins either side as the window and found out that in the 2 x18 min windows ie 36 mins out of 60 mins - over 85% of all turns happened in this 60% time period and that the most common changes were at 0 - 9 - 21 - 30 - 39 - 51.

These time are not set in stone - a min either way is still OK - so you focus in a time window and look for the correct price level and quick LR's to say - buy or sells

Remember though - nothing will work 100% on its own - you need a combination of events - ie the correct price at a S or R in a time window with PA saying within 30 -60 seconds that a change is underway

If today you have noticed a few at quarter past - or even quarter too - it does happen - i tend to think with different liquidity providers - and i am sure their supercomputers would want a variance going on to help smooth out new orders or existing orders being closed

If you get a price at an important price level meet at say 9 34 or 9 36 am - take it dont wait until 9 39 am for confirmation - but if all lined up say exactly at 10 20 or 21 - then it as a good 80%+ probability of working and ended up with a new move worth over 5 pips

the stronger KT's happen when 3 or more pairs all sync together .

This as happened a few times today - leading to larger moves of over 20 + pips

So as a conclusion - I would say please don't just depend on one or two clues - ideally 3 or more are needed for the higher probability and making sure your entry leads to hardly any minus pips before it goes into a profit enabling you to use only 5 pips or less stops - meaning just a 10 pip result is a RR of approx 2

If you can get 7 out of 10 correct on entries you will be doing well

I reckon you will need at least 500 tries to get to this level or better - just ask Major Magnum when he gets back off holiday - but once he got his timing right - he now thinks any win ratio lower than 80% is poor ;-)

All the best Jon and have a great weekend

Regards


F