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

[barjon]

OK Jon

1 - spreads under 1 pip in these pairs and as low as 0 2 pips on EU this morning with one ECN broker. Trouble is you have commissions on top - but I still work out its under 2 pips cost normally

I cannot scalp pairs with speads over 4 or 5 pips - unless I expand stop to over 7 pips - and therefore prefer not to do that

2 Yes spread is included in stop

Normally if under 1 pip or even up to 2 pips - 5 pips stops are OK - you just need great timing off the tick chart or 1 min

3 the buy price on scalp buy and sell price on scalp sell - ideally less than 0 7 pip in it 70% of time

4.I use 3 feeds - but only 2 brokers

Yes all can differ from 1 to 3 pips normally - sometimes more on quick moves with delays of say 3 seconds

i have to quote the price i have on the brokers chart i use for the trade

5 I am going into free trades more on the other thread

Will explain in detail - as it also depends how much i am already up in the session or day

i dont like setting 30% stops under entry - but if the scalp as made over 15 pips I dont normally have to

Sometimes if i take a free trade under 7 pips - then I miaght set it still 5 pips under entry - as the 70% profit will still cover it

Hope this helps Jon and you are welcome

Regards

F

ok thx

I'll follow up on the "free trade" when you tackle it in the other thread.

 

[Forexmospherian]

EU - its the tease king - it deserves an award for being played with the most

71 now

 

[Forexmospherian]

Even if the EU drops under 70 and 69 - we still have more interim supports 64 to 66

It could fall say 3- 7 pips and then after hr change - try back up again

I think under 60 and lower then yes still a scalp sell

 

[Forexmospherian]

EJ - bounced at 41 to 47/8

Under 39 i would hold scalp sells or take new ones

Need back over 44 and 47 to say its trying a turn up

 

[Forexmospherian]

AU again

I had been scalp buying this pair above 15

Only got to 25 - lost 2 pips on last scalp buy and now under 21 was scalp sell again - but under 13 and 10 to hold scalp sells on for lower

 

[Forexmospherian]

EU and EJ - finally

 

[morgan_edge]

audjpy scalpy sells below 32 and 26

Here I demonstrate an easy little scalpy to add more pips.

Short from 32.
covering 80% here at 22
Another +10 to add to the ever-overflowing wheelbarrow of profits.

The reason i'm so good is because of my screen time and live trades taken.
As you might expect, after lots of live trades, I know how to cream the market!!
I hope my loyal peasants understand.

Furthermore, I once went skateboarding with Andy Warhol.

 

[Forexmospherian]

Just wish GU would breach under 25 now - but still no for now

 

[Forexmospherian]

Here I demonstrate an easy little scalpy to add more pips.

Short from 32.
covering 80% here at 22
Another +10 to add to the ever-overflowing wheelbarrow of profits.

The reason i'm so good is because of my screen time and live trades taken.
As you might expect, after lots of live trades, I know how to cream the market!!
I hope my loyal peasants understand.

Furthermore, I once went skateboarding with Andy Warhol.

LOL- brilliant

 

[Forexmospherian]

Just wish GU would breach under 25 now - but still no for now

Mr Fox will be pleased - now 20

 

[Forexmospherian]

EJ - stopped at 29 - out 31 for now

 

[Forexmospherian]

EJ made 41 at end of 11 30 am time window

That was a clue to pull any scalp sell

42 is a scalp buy - but its back to a tease zone then

Nedd under 39 and 36 to scalp sell again

Should have linked 31 exit with this comment early on

 

[Forexmospherian]

Interesting now

EU and GU still trying to fall lower

EJ that as been in synce with EU bouncing up

 

[Forexmospherian]

GU - 6711 low - under 19 still a scalp sell - but need under 09 to try 6700 supports

So indecision - lock in some profits

 

[Forexmospherian]

EU 3761 - worth locking in scalp profits

Need under say 59 and 57 for further scalp sells

 

[Forexmospherian]

Good Morning Traders

Monday 3rd of March - first trading day of the new month

Will do a quick review of the key pairs I plan to trade today

Swissy - bounced after a fall on Friday to 8878 to approx 8800 - scalp bearish under 8790 - but not in a scalp sell atm.

Would need above 8802 and 05 to be scalp buying



Have a good trading day - I will

Regards

F

From 6 54 am this morning - Swissy

price now at 8810 - and not been back under 02 since 11 30 time window

Will take that - as swissy been slow

 

[morgan_edge]

audjpy scalpy sells below 32 and 26

Here I demonstrate an easy little scalpy to add more pips.

Short from 32.
covering 80% here at 22
Another +10 to add to the ever-overflowing wheelbarrow of profits.

Cover the other 20% here at 90.15 for +17 pips

 

[Forexmospherian]

Just noticed 1500 pages and coming up to 121k page reads in under 18 weeks

And I am just an old boring 60 yr old - slow and indecisive surely LOL

Well done Morgan again

 

[sonofcablemonster]

EU currently in tease zone for me.

scalp buys above 1.3775 scalp sells below 1.3750

 

[Forexmospherian]

AU again

I had been scalp buying this pair above 15

Only got to 25 - lost 2 pips on last scalp buy and now under 21 was scalp sell again - but under 13 and 10 to hold scalp sells on for lower[/QUOTE


Comment here at 11 53

Approx 25 mins later AU made under 13 and 10 and now 8904

Will take another 70% off latest scalp sell at 10 - the scalp sell at 17 I am already 100% out