Forexmospherian
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Tuesday 13th May 2014 - Pre Opens
Good Morning Interday Traders
Its seems as though the FX market was different to other markets yesterday - and its seems as though we had the short straw - ending up with a very boring lack luster day - not helped being a Monday with no real news.;-(
Lets hope today and the rest of the week is better .
Normal stuff - quick update and review of the key pairs I plan to intraday trade.
As a reminder - All stops are somewhere between 3 -7 pips - ( mental stops not hard - they are further away as only used in emergencies ) - I use one click in and out a trade - that might last as a scalp from say 30 seconds to 30 mins - and then as a NPGT on 30% stakes ( 70% stake taken off) with a stop then in profit from 1- 10 pips and adjusted as move increases.
NPGT's ( No Pain Gain Trades) can then last from say 15 mins to 15 hr to even 15 days + ie like Eur / Aud from March 12th from approx 5500 - but I will also add or scalp against them as well.
Also in busy periods - refresh this threads pages at least every 30 secs - as if 2 or 3 traders all typing in comments - then with no refresh - it can be 3- 5 mins plus before you will see them on your screen.
Have a good day
Regards
F
Good Morning Interday Traders
Its seems as though the FX market was different to other markets yesterday - and its seems as though we had the short straw - ending up with a very boring lack luster day - not helped being a Monday with no real news.;-(
Lets hope today and the rest of the week is better .
Normal stuff - quick update and review of the key pairs I plan to intraday trade.
As a reminder - All stops are somewhere between 3 -7 pips - ( mental stops not hard - they are further away as only used in emergencies ) - I use one click in and out a trade - that might last as a scalp from say 30 seconds to 30 mins - and then as a NPGT on 30% stakes ( 70% stake taken off) with a stop then in profit from 1- 10 pips and adjusted as move increases.
NPGT's ( No Pain Gain Trades) can then last from say 15 mins to 15 hr to even 15 days + ie like Eur / Aud from March 12th from approx 5500 - but I will also add or scalp against them as well.
Also in busy periods - refresh this threads pages at least every 30 secs - as if 2 or 3 traders all typing in comments - then with no refresh - it can be 3- 5 mins plus before you will see them on your screen.
Have a good day
Regards
F
