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

[MajorMagnuM]

AU - have attached my chart

We all know its simple in hindsight - and I was not even in the trade -

From 1 30 pm - AU was a scalp sell for about 5 -8 reasons

1.47 pm - not in a time zone

But after 1.51 was a time zone and then AU hit interim supports at 9019 / 20 and bounced as scalp buy above 22

Below 9030 - still scalp bearish in direction and would need over 32 and 35 to hold any scalp buys on

Hope that helps - but yes AU you could have scalp bought for a few pips - but no HH on candles and time wrong and Lrs still saying lower etc etc

Its such a fine edge

However when things all line up etc - then you have a 85% + possibility it will be ok

Withonly 1 or 2 clues - maybe 60 % - so not so good

yes have scanned tis and see sense in it. i was not looking at larger picture again.
will study more later on. my au buynow -3

 

[Forexmospherian]

i will say MM - your original forecast of EU target of 85 - was only half a pip out - so WD on that

 

[MajorMagnuM]

Do you think you are overtrading now ?

how many trades in last hour ??

5 or 6 trades

 

[Forexmospherian]

I hope you got that on EU

 

[MajorMagnuM]

closed aNOTHER 60K GU FOR 12 pips

 

[MajorMagnuM]

I hope you got that on EU

yes got long at 86

 

[MajorMagnuM]

damn missed closing on spike tho.currently open 8 plus eu.

 

[Forexmospherian]

5 or 6 trades

Any thing over 4 trades too many really

Its up to you - but go through your time management etc and see if you perform better at say under 3 trades an hr - than over 5 trades ???

3 trades an hr is enough for me - but there again some scalpers do 8 -10 an hr - but they are just after 1- 3 pips a trade

 

[MajorMagnuM]

au long back to zero, considering closing it

 

[MajorMagnuM]

closed au for -1.9.

 

[MajorMagnuM]

Any thing over 4 trades too many really

Its up to you - but go through your time management etc and see if you perform better at say under 3 trades an hr - than over 5 trades ???

3 trades an hr is enough for me - but there again some scalpers do 8 -10 an hr - but they are just after 1- 3 pips a trade

ii think it shows im not being selective enough with entries again

 

[MajorMagnuM]

gu and eu sl in profit now, leaving longs open i think?

 

[MajorMagnuM]

add to eu long

 

[MajorMagnuM]

i added at 95

 

[Forexmospherian]

closed au for -1.9.

It bounced back up to 29 from scalp buy above 20 /21

Under 30 /31 still bearish for me - but over 23 bullish

7 pips of BT tease zone at your own peril

 

[MajorMagnuM]

also added to gu

 

[Forexmospherian]

EA very boring and EJ not much better atm

 

[MajorMagnuM]

damn the au

 

[Forexmospherian]

As i typed that comment on EA it dropped 8 pips and AU went up from 30 to 36 - yes we are in time window as well

 

[Forexmospherian]

damn the au

Yes moved to pi** 80% of traders off