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

[Forexmospherian]

Must explain that I am having to drop the words - "free trade" as many believe it is misleading as its not 100% free - so therefore from now on will be calling it a No Pain Gain Trade - ie NPGT

What ever you call it - its a win - win trade - as your stop is already in profit and you are using part profits from a scalp to hopefully make more money and a larger gain

 

[Forexmospherian]

EA the one for now - another low at 5114 - under 32 still scalp bearish for now

 

[MajorMagnuM]

Hi MM
what was your entry on au.

not my best, please comment on where i cld have done it better

 

[MajorMagnuM]

took half off

 

[Yorkshire Terrier]

not my best, please comment on where i cld have done it better

I had 39 but got stopped out after moving sl to b/e to soon.

 

[Forexmospherian]

not my best, please comment on where i cld have done it better

a PROFIT - is a PROFIT - and so much better than any loss - so please dont beat yourself up as thats a main objective - and on low risk etc etc

I think your entry was good from 38 - ie another HL at 36 after others at 28 and 22

The AU stayed a buy and bullish through both opens and so far made 53 and now resting

GU news in next 15 mins or so

 

[MajorMagnuM]

got sl at 43 on remaining

 

[MajorMagnuM]

a PROFIT - is a PROFIT - and so much better than any loss - so please dont beat yourself up as thats a main objective - and on low risk etc etc

I think your entry was good from 38 - ie another HL at 36 after others at 28 and 22

The AU stayed a buy and bullish through both opens and so far made 53 and now resting

GU news in next 15 mins or so

yes i was reading pa well and waited for a pulback of sorts. all good practice and good practice

 

[Forexmospherian]

Prior to this next news - both GU and EU have re-positioned themselves as though they now want to try higher

Both pairs are being highly manipulated at present - so be careful with them for now

 

[Forexmospherian]

GU - 3 mins to news

Dropping again - will not be scalping the news - and its set up is not right and could go either way - even though its saying scalp sell

 

[MajorMagnuM]

sb au more

 

[Forexmospherian]

6510 + Shows it does want to try higher again atm

 

[Forexmospherian]

Uk inflation lowest for 4 years and below expectations

 

[MajorMagnuM]

6510 + Shows it does want to try higher again atm

u mean closing above 6510? not just pipping it..

 

[Yorkshire Terrier]

bought AU@48 sl@44

 

[Forexmospherian]

GU - can only scalp buy and hold now if price goes over 6504 and reaches 10 again

If not then back in BTTZ range

 

[Forexmospherian]

u mean closing above 6510? not just pipping it..

It needed above 10 to clear R;s and stopped just at wrong level

If no 6504 + now - scalp buys are not on again

 

[MajorMagnuM]

ea new lows but au stationary

 

[Forexmospherian]

AU - difficult one now

EA as fallen again
but AU not making new highs


needs to stay above 40 and 42 for more rises now#

Under 39 more scalp sells

 

[Forexmospherian]

EA - 5100 will be a Support as a big number
whether it can hold - dont know atm