Forexmospherian
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Bounces on EU staying under 1650 are sell again - but watch 30 min time rule on 1581 low next
Damn screen shot hackers! Will it ever end!?!
I guess HHiusa and the guys over in America who have been confidently selling the EU might be in for a bit of a shock ?
Now DT if you had been selling EU under say 1000- would have you been still OK on your method handling a 700+ pip rise ???
Well if I were trading it, me selling EURUSD at 1000- would be about as likely as you posting a statement F!
Bounces on EU staying under 1650 are sell again - but watch 30 min time rule on 1581 low next
EU
3 47pm
so far been down to 1563 and then he bounce after 3 27 pm - instead of being a normal say 5 -12 pips is like 40 pips
Shows the volatility
1605 and after 3 35 pm on the LR chart was an easy scalp sell but so far 1565 to 75 is all support area and wanting to hold
I reckon we need a clean break under 1555 and 50 to stay will sells - otherwise see if 1560/63 lasts 30 mins
That good then
I know a guy called Marius who's a private fund manager - controlling over $3million of clients monies and he would trade with no stops and many times be out by over 4000 pips - and manage his way out of it
I told him it was inefficient etc - but I think he got a bigger kick trying to live with open trades for 8 -18 months then focusing on his winning trades
I am sure there are a lot of no stop guys in sells at 0950 and under and were happy to stay in up to say 1300.
We get to 1300 and then they think - it won't go over 1450
We get to 1700 and then they think - Oh F@ck - I have been caught out
If you are experienced enough to manage it etc - no problem - maybe 90% of traders might not be
Do statements not in my name count ???? lol
Regards
Cheers for upload John.
I downloaded for posterity, impressive stuff!
EU
4 00 pm update
Coming up to 30 mins with no new low and after 3 51 pm and above 1575 it was a clean scalp buy
If anybody needs confirmation - it was so easy on a 1 min LR chart
Now price at 1595
so anther 20 pips in the kitty in under 7 mins
I allow you the privilege to be a follower of mine now . You will be the sheep.
I'll pick you up in my
View attachment 197358
Bentley.
We'll head to macdonalds, use the free wifi to Nav Sarao the markets, eat something from the michelin starred saver menu, and then pop on here, and regale stories of what an expert I am.
P.S. You must call me Sir John Now.
Best
John
We are just over 30 mins with no new low breach with scalp LRs still saying sell under 70
15 60 to 65 is all support
Can it hold now ??
Must post a chart of what my scalp 2 LR''s said at 4 04 / 5 pm
Maccy dees dont like me taking in 4 screens and using their wi fi - even if I have a double Big Mac
Back to the dax for a few shorts, and on that note i'm done for the day.
Notice the cross after 4 04 pm and anything above 65 was a scalp buy
So far only made 1590 again
Must be a interim R
4 20 pm
Now thats after I posted my chart etc and after 4 04 pm and 4 15 pm
Price now at 1615
Is that a live scalp in advance ??
Are they allowed on this thread ???
Must check by rule book - dont want members to think I am just lucky
i think the point has been proved yet again