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

[J'accuse]

Considering the time of the morning, that was a brilliant close

Jack

 

[MajorMagnuM]

cheers!, i must start going to bed earlier. Kids are beginning to sleep thru so its a possibility now.

 

[Forexmospherian]

Morning MM

Yes you need to be really focused for the 6 00 pm to 10 am session

And then may be 11 am and 12 30 then 2 00 pm to 5 pm - is enough

Although that's over 8 hrs - you will cover over 70% of the action in the 24 hrs normally

Any way - have a good morning- in for an hr or so

Did not leave anything on GU above 75 or 88 - shame - but plenty more pips in this market ocean ;-)

 

[Forexmospherian]

Qick movement as we enter 7 30 am time window at 7 21 am on EU

Price trying up over 56/7 and now above 53 is a scalp buy - but in tease zone up to 62 remember

Said at 7 24 am - ie 80 mins ago

Price went over over 57 and then 62

So what should we have been doing ??

Yes scalp bought at least to next R - at around 70+

Eu actually made 74 - but stopped out of time window

Now above 52 and 50 - worth looking at another scalp buy

Under 50 and 47 might be tease tested to try and get more bears in - if a game is being played

So now under 62 still scalp bearish - so do you sell to 52 - 50 or 47 or even lower

I dont know yet

But I will do as we enter hr time window

Need to check calender

 

[Forexmospherian]

GU - more red news at 9 30 am - so expect some set up to be played out

 

[Forexmospherian]

6698 is my line in the sand for working out next actions

ie above 6700 - we should still try and have another go up - whether over 17 or 20 dont know - depends f we have a LH at say 13 or even 6710

Under 6697 and then 93 - more scalp sells for 75 -80 area

Until news we might just see a tease zone from 6700 to 6715 ??

 

[Forexmospherian]

9 00 am

Eu scalp buy from 55

need 58 and 61 to hold on

Under 52 more scalp sells

 

[tar]

Here's an idea, if the detractors are so interested in whether this works or not, but are not prepared to sacrifice their daily pip rates to learn it so as to apply it, i am happy to trade some real money as a test.
I put in the effort and time, you supply the money. Im sure we can reach a fair split of profits. My risk is wasting time pursuing a possibly useless formula.

:idea:

 

[MajorMagnuM]

:idea:

OR, you put in the time and effort and i will fund you!

 

[Forexmospherian]

9 00 am

Eu scalp buy from 55

need 58 and 61 to hold on

Under 52 more scalp sells

comment 6 mins ago -

stopped at 576 - so do not hold scalp buys on - ie not over 58 and 61

Out scalp buy at 571

Then for me under 56 was back in scalp sell

I held that on under 52 and 50 and now out at 455

That's scalping accuracy

Thats important - but you need broker co operation - as you dont want to wait over 2 seconds for any entry or exit

 

[Forexmospherian]

EU

under 52/3 - still a scalp sell - but needs confirmation by 41 and 39 letting go

Otherwise a HL trick

 

[Forexmospherian]

OR, you put in the time and effort and i will fund you!

But he cannot do that MM


That would prove he is wrong lol

 

[MajorMagnuM]

its a paradox i wanted to highlight

 

[Forexmospherian]

EU could have a field day scalping this as still bearish - but 45 is another scalp buy to 52 / 3 and should be able to scalp sell again if w edont go over 58

But i dont want to take 50 - 100 scalps a day

i only want 8 -20 trades a day - its easier

 

[tar]

Phase 2 :

Fund raising .

 

[Forexmospherian]

Approx 15 mins to GU news

So will focus on GU I reckon and see what options might happen

 

[sonofcablemonster]

you supply the money. Im sure we can reach a fair split of profits. My risk is wasting time pursuing a possibly useless formula.

supply the money? You have been trading for a few months and you want someone to fund you? Forex more than any other market I know is available with crazy leverage. There are brokers out there offering 500 to 1 leverage. Its very worrying that you are soliciting for money on here.

 

[Forexmospherian]

6698 is my line in the sand for working out next actions

ie above 6700 - we should still try and have another go up - whether over 17 or 20 dont know - depends f we have a LH at say 13 or even 6710

Under 6697 and then 93 - more scalp sells for 75 -80 area

Until news we might just see a tease zone from 6700 to 6715 ??

This is what I said 20 mins ago approx

Gu testing 6699 as I type

 

[Forexmospherian]

Under 6708 ish - still a scalp sell

But 6698 area is a support

So now tease zone 98 to 6708 - say 9 pips

Above 02 and 04 is scalp buy - but under 08 still a scalp sell

Unless you scalp for 1- 5 pips - you ignore

 

[sonofcablemonster]

Phase 2 :

Fund raising .

Doesnt look good does it.