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

[Forexmospherian]

Are there any Moving averages on your charts or only linear regressions?

Are you drawing trend lines off the hour and 4 hour charts?

All LR's now - as i prefer their characteristics more than MA's

 

[SteveJM]

So far I have only lost pips - taking too long to pull trigger when in profit - hoping it will go further - and jumping in too late - all my thinking until now has been to do with pullbacks and continuation - which figures well with HLs, HHs, LLs, and LHs but I see you are very much a momentum trader Pete - break a level and look for continuity until next level?

 

[Forexmospherian]

6509 breached now - looking for next R area

 

[Forexmospherian]

6509 breached now - looking for next R area

could be either 18 /21 or even as high as 36

trendlines off 30 min charts normally and occasionally off 1 hr charts

 

[Forexmospherian]

6519 - more off at 16 now

 

[Forexmospherian]

Can only scalp sell under 6507 and 03

 

[Forexmospherian]

Can only scalp sell under 6507 and 03

Saying that I am wrong - i could scalp sell at say 17 but it might only be worth say 2-7 pips and really not just after small scalps - prefer trying for 7 -25 + pip moves

 

[Forexmospherian]

Got to do a couple of school runs - starting in 20 mins - so might now be in and out until about 4,30pm

Hope to see you later

GU still bullish - just resting atm - but will take scalp off in case we did drop under 07 and under 6500

 

[MajorMagnuM]

im back.

 

[MajorMagnuM]

took 70% of sb au off for 4.7

 

[MajorMagnuM]

Sl at plus 2

 

[MajorMagnuM]

Sold swissy

 

[mike.]

Are you both using a similar strategy MM ? or trading from PA alone ?

 

[MajorMagnuM]

Uc sl hit -3.4

 

[MajorMagnuM]

Resold uc

 

[MajorMagnuM]

Me and F? no. im a newbie without a strat trying to learn a good strat

 

[MajorMagnuM]

8778 on au seems a no brainer but.....

 

[MajorMagnuM]

uc holding so poss reverse on au at 8778 by eotw?

 

[Forexmospherian]

Hi MM - back myself now ;-)

Hi Mike - yes MM as been intraday trading using same methods as me plus adding pitchforks and some other strats that can compliment PA structure forecasts

He reckons he not improving - I reckon he doing brill ;-)))

 

[MajorMagnuM]

if 8778 goes then 8794?
ah i notice ea got to 1.55