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

[Forexmospherian]

how do I calculate that accurately? ie when ive got some at 100 some at 30% etc?
don't want to count twice?

Yes - instead of double counting - just take the largest pip count on one stake - ie if you got 10 pips at 70% and 17 pips at 30% stake - just count 17 pips on that trade.

I have said many time - I can make more more money / cash some days on straight scalps and taking 100% off above say 15 pips than holding free trades and doing over twice as many pips - ie some day 60 pip straight pips makes better money than say 140 pips with lots of free trades on ;-)

 

[Forexmospherian]

GJ - 59 top for now - still got 30% on in scalp buy over 45 -so will take off under 47

 

[Forexmospherian]

here it is

17 trades with what 5 losses - not worked out profit atm - but will do

Not bad - focus though and I am only on fifth trade for now - ;-))

 

[Forexmospherian]

ok can we talk news strats? e/u? need plain language tho

Yes - good idea - news on EU in 5 mins

Over 3525 - look at scalp buys and up - once dust and spikes out the way

Under 3493 - scalp sells - but only after spiking - if any is out the way and dust settled

Still think EU higher - but dont like guessing ;-0

 

[Forexmospherian]

Not much of an effect at all on EU - still in in interim range for now

 

[Forexmospherian]

GJ - still holding over 45

 

[Forexmospherian]

AU at a critical scalp level at 9415- starts scalp sell mode - add under 13 and 10

 

[Forexmospherian]

GJ - back at 59 again - above 51 still in scalp buy mode

 

[Forexmospherian]

I hate missing these pips but im flat and waiting for a signal I rcognise

That's good MM - focus for the better quality scalps than any just available

 

[Forexmospherian]

here it is

Over 110 pips net on those 17 trades - even with 5 losses

That is good stuff MM - I would be even happy with that

Keep it up ;-)))

 

[Forexmospherian]

reason for a/u short
1) r heads up
2) nno bounce at sig sup dy
3) ll by 39mins

We need under 9410 for it too drop more

Needs to stop under 22 and then break under 10 - if not take what you can get out of it

 

[Forexmospherian]

EU tested 3493 - another critical level - same as on AU - market makers setting some thing up here with these levels - so be careful this hour - in case its the bermuda triangles and the false moves to catch out

 

[Forexmospherian]

g/j sell soon?

73 to 77 the zone - but must be at a time window

 

[Forexmospherian]

GJ is bullish over 58/9 - the previous R - became a S ;-)

 

[Forexmospherian]

Will be popping out for 30 mins just after half hr change. Market as entered slow down mode - but at critical levels on some pairs for next directions - It could be slow next hour - or market may bore for 15 mins before then hoping to catch traders out - by not being ready for larger movements etc etc

Personally I hope its slow whilst I pop out - after all missed the London Open fun 30 mins ;-))

 

[Forexmospherian]

im plus 2 short on gj looking for 596 to go. seemd to good to miss :/

Still expect a push up to 73-77 area - but may well be wrong ;-)

 

[Forexmospherian]

Hi - back again - GJ - see did not get it quite right - It went to 81/2 and then 77 was a great scalp sell - but missed it as out again. Now 58-59 is still an interim support - will it let go though ???

 

[Forexmospherian]

AU - seems at though 9409 / 10 is the main interim support for now. Need over 24 and 27 to hold scalp buys and that 09 to go for any chance lower and more scalp sells

 

[Forexmospherian]

ok f sl hit plus ten on the whole amount but 6 on reduced amount.

As long as a profit - then that's the key - sometimes if I get say 12 pips on 70% stake - I can afford for the 30% to still go negative ( if I wanted it to ) by say 1 pip and still remain approx 50% in profit of 70% trade and even extreme I could let the 30% stake go down to the original 5 pip stop - and have still a net profit on the whole trade ;-))

 

[Forexmospherian]

GJ - ;-)) nice LH 72 ( R area ) and now 58/9 gone