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

[be-positive]

this was mine. i suspect F cld have bough at 0847 but i needed this much time to be sure

Well if pete the great got in at 0847 my new name for him will be jesus

 

[Forexmospherian]

could you comment on gu eu correlation please F?

Both rising - but as you can see price structures different

GU stronger bull bias - not so on EU

 

[MajorMagnuM]

closed rest of gold. bought gold sl aT 1307

 

[MajorMagnuM]

Gu.
TOOK 60 % PROFIT ON THAT SPIKE DOWN

 

[Forexmospherian]

i dare not leave scalp buys on GU and GY now with 2 mins to news

Yes - I know - i am a chicken ;-)

See - sometimes it pays to be a chicken

 

[MajorMagnuM]

Ten pips i think. edit 15!

 

[MajorMagnuM]

gold sl better than be

 

[Forexmospherian]

9 37 am

I cannot scalp buy GU again quite yet - but would like to above 63/65 again - as LR price structure still bullish

 

[Forexmospherian]

EU

If EU can now stay above sat 3462 on pullbacks - it might try a slow turn up to 3480 or even 3495 - 3500

I think under 60 and of course under 54 / 50 then scalp sells down to 3445 area

 

[Forexmospherian]

EJ

Looks more bearish than EU under 136 60.

Needs really 66 and 72 to be scalp buying or holding scalp buys on

 

[MajorMagnuM]

remains of ej got hit. flat there. eu long gold long active and "free". gu short remainder active and free

 

[Forexmospherian]

AU

Not made above 9450 and resting or topping at 9446 -48 atm

Above 9452 and 55 more scalp buys

 

[MajorMagnuM]

gold cld shove up now

 

[be-positive]

It was one in 9 00 am TW

Perfect time 8 59 am at 56/57 - but any time after 8 51 am

I was out still but caught it at 9 09 /10 am when I got back and low had held 30 mins as another clue

ok thanks , pete what was your stop on both 8.59/9.00 and 9.09/10 : entries

 

[Forexmospherian]

9 47 am

Could be a boring 30 -60 mins now as we get BTTZ areas

Will still check in both TW's

 

[MajorMagnuM]

gold there she blows

 

[MajorMagnuM]

1309.50 is res

 

[Forexmospherian]

ok thanks , pete what was your stop on both 8.59/9.00 and 9.09/10 : entries

All my stops are under 7 pips on all pairs I trade - but depending on spreads

With EU spread from my broker normally 0 3 to 0 6 pips - EU scalps should have stops from 3 to 5 pips

Any mental stop ( remember not hard stop as one click entries and exits and hard stops 20 -25 pips away as emergency only ) should not need more than 3-5 pips on the EU - as otherwise I just have got it wrong.

in reality - 2 pips on this occasion would have be fine once entered

 

[MajorMagnuM]

took 50 profit from gold long

 

[MajorMagnuM]

ok taking a break as have done well this morning..
i am .
long ej eu gold
short gu
all remainders bar ej which has sl at be