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

[NVP]

E/U still booming 1.3736 now

 

[NVP]

EJ - 141 18 at end of time window

If we went up another 4 -6 pips - may carry on more - but as long as you have taken some profit or locked some in - that is always key

Please dont think about 30 pips trailing stops

When you can read price at the coalface - you dont even want to lose 3 or 5 pips - never mind 30 pips

agreed..............we will all aspire to those 2 pip levels

 

[Forexmospherian]

Second EJ chart up to 7 41 am

Nice run up to 7 41am and then a quick scalp sell

 

[Yorkshire Terrier]

EJ sold @12

 

[Yorkshire Terrier]

EJ sold @12

All out @02 :cheesy:

 

[Forexmospherian]

agreed..............we will all aspire to those 2 pip levels

I think when you have say 5 lots or more on a pip - you cannot think of just seeing a small pullback of say 10 pips knock $500 off your gain

This what amuses me with retail traders have 70 or 120 pip stops - it just shows they are risking mini lots or under $1 per pip - they are certainly not using proper stake sizes etc -

Then they might win 50% of the time

Every pip is important if its linked to real cash -

 

[Forexmospherian]

Great 8 00 am London open ;-))

What a set up

 

[Forexmospherian]

EJ at 141 00 now and EU - I did have 30% scalp buy at 3732 - no longer ;-)

 

[Yorkshire Terrier]

EJ sold @12

unfortunately i had not changed my lot size back to 2lots so only got 1.4 on that ,but not complaining.

 

[Forexmospherian]

EJ sold @12

WD YT

i hope you got some pips there

 

[Yorkshire Terrier]

off out back about 9 ish.

 

[Forexmospherian]

EJ - we can scalp buy again if we fall under 141 - the supports at 93 to 96 to look at then

 

[Forexmospherian]

Sorry i majored on EJ so far - but always been a favourite

Noticed GU was a bit to messy for me atm and EU - always crafty and being over manipulated as we know

AU and EA still slow - but later on today a few red news items of interest

Having a break for 10 mins

EJ now at 141 01

watch that dynamic trendline supports still from 87 and 90 on your chart

will it get breached ???

i dont know yet - but will do soon ;-))

See you in a bit

 

[Forexmospherian]

EJ

In a tease zone from 141 09 down to say 140 96 - say 13 pips

We need a breach of either for next directions - and then if its a small breach - still could be false - similar to the 2 LH's on the EJ prior to 7 .30 am this morning ;-)

I expect supports to hold atm - and will looks at scalp buys again - but know we need over 09 to think about holding them on longer

 

[klw]

EJ

In a tease zone from 141 09 down to say 140 96 - say 13 pips

We need a breach of either for next directions - and then if its a small breach - still could be false - similar to the 2 LH's on the EJ prior to 7 .30 am this morning ;-)

I expect supports to hold atm - and will looks at scalp buys again - but know we need over 09 to think about holding them on longer

99 has held twice now , are you expecting that to hold ?

 

[Forexmospherian]

99 has held twice now , are you expecting that to hold ?

Actually its like a moving goal post

I looked at 93 to 97 being the key for the support area

99 as held as you say

But now a play might be made once more in buys to test say 97

As long as we go over 141 09 and 12 - less of a problem

But to then - always be ready for a sly stop hunt first

If 97 and 93 let go - then different ball game

 

[Forexmospherian]

On the other thread - will be discussing next FX gameplay. Its important part of my method as every move is a stop hunt in reality and we as retailers are being set up all the while to fail

Its not just down to our brains and psychology - its also down to most traders having a cr*p set up

 

[Forexmospherian]

EJ - made 141 11 - still not high enough to think it will just try up

Also 9 00 am hr change

Make sure you have some profits locked in - above 02 still ok to scalp buys atm but then watch out for a LH under 11

 

[Forexmospherian]

Back in 10 mins

 

[Forexmospherian]

EJ - under 04 still looks lower

This is the test now

need back over 05 and 08 for scalp buys again atm