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

[Forexmospherian]

Eu up to 56 - so will have 70% off and leave a free trade on above 46 now

 

[MajorMagnuM]

closed 70% of uc short for 9.9

 

[MajorMagnuM]

au closed plus 0.1

 

[Forexmospherian]

closed 70% of uc short for 9.9

i will post you my UC chart in next 5 mins - so yiou can check LRs' out against yours etc

 

[MajorMagnuM]

i will post you my UC chart in next 5 mins - so yiou can check LRs' out against yours etc

thankyou F, too generous!
nice little session numbers since i got back

 

[Forexmospherian]

Swissy chart attached with high just prior to 5 pm -

 

[Forexmospherian]

thankyou F, too generous!
nice little session numbers since i got back

You cannot grumble putting on another £144 in less than hour - even with a couple of slight mistakes

 

[Forexmospherian]

Will pop back later to see if we can sell the EU around or under 3560-65 area - above 47 still a scalp buy

 

[MajorMagnuM]

If it breaks 52 eu im long

 

[MajorMagnuM]

long order hit

 

[MajorMagnuM]

1.8pip stop

 

[MajorMagnuM]

sl hit but rebought. notice all my orders now take a while to process.

 

[MajorMagnuM]

sl hit reentered

 

[MajorMagnuM]

sorry that was a repeat. only one sl hit

 

[Forexmospherian]

EU - unfortunately in a BT tease zone between 45 and 60

 

[Forexmospherian]

EU - unfortunately in a BT tease zone between 45 and 60

Also MM - remember as soon as price goes to 47 - we have LH's and LLs then

 

[SteveJM]

F, just want to make an observation that may help others learning your kung fu. Ive tried many times and still do, to take it apart component wise, but there is something that this deconstructive approach does not reveal.
I am beginning to interpret the "whole picture" aspect of the task at hand. Its kinda slowly revealing itself, albeit painfully slowly

Hey MM - do you mean that trying to follow rules or assemble a set of rules and then trying to fit Price Action (round peg) to the rules (square hole) is a fruitless task?

 

[SteveJM]

Every 100 scalps - you will fine tune and improve - but always remember you cannot be 100% accurate and a BT area will catch you out for minus 2 - 7 pips every now and again

Hey Pete - how to categorise/quantify bermuda triangle areas?

 

[Forexmospherian]

AU - yes - need 8760 area holding and then 78 and 82 for higher
EA - 30 -40 a;; interim support areas

We mentioned AU about 90 mins ago

60 held and we got to 82 - but not 83+ yet - above 74 still scalp bullish mode if w e can breach 83

 

[SteveJM]

ok gotta go eat. Dumping this account and starting afresh tomorrow. This acc got to 60% in two sessions but was invalid as 3k of that was from a position that went bad and i did not close it. it came back good but made acc unrealistic ( as do the charges from fxpro.) i got a email from them wanting to know exactly what the problem is. I have illustrated to them that their charges result in ridiculous imbalances between identical trades. ie 7 pip loss on same vol loses 300% or so of a 7 pip win; i dont think they see that as a problem!

I'm with Dukascopy - haven't seen any issues with them but that said haven't been heavily scalping either - check em out