My journey towards consistency

[gftrader32]

Now 12 15 low at 84 held for 30 mins

Can price make over R area at 98 to 120 01 ??? or not

i think so

 

[Forexmospherian]

This was a classic example of my method

Remember also - not every scalp entry is the same - its so complex - but its like balancing a clutch on a car - but it get easier the more experienced you become etc

 

[Forexmospherian]

yes the reason, sell was all clues and lrs above, see my chart

Now add a TL from 12 15 low

also use a ray line and any angle over 19 / 21 degrees favours a continuation etc

 

[gftrader32]

This was a classic example of my method

Remember also - not every scalp entry is the same - its so complex - but its like balancing a clutch on a car - but it get easier the more experienced you become etc

sometimes, i feel i know nothing about your method f, i don't want to sound desperate , but seriously i was thinking of shorting at 12 39... not only it didn't happen, but also you were long...

 

[Forexmospherian]

Normally scalps need bounces or pullbacks over 7 to 8 pips to be working

 

[Forexmospherian]

sometimes, i feel i know nothing about your method f, i don't want to sound desperate , but seriously i was thinking of shorting at 12 39... not only it didn't happen, but also you were long...

Dont worry - when MM comes back - ask him - so many times he got completely confused

In the end - he realised - look for changes at new lows and new highs - if in TW's

 

[Forexmospherian]

Lets look why you would short at the end of 12 30 pm TW ??

Trend line support was still under as well as more LRs although quickest LR saw a 2 pip pullback

 

[gftrader32]

Dont worry - when MM comes back - ask him - so many times he got completely confused

In the end - he realised - look for changes at new lows and new highs - if in TW's

you mean 12 45 we didn't have a new low after low 12 15 at 84 so this mean favoring long?

 

[Forexmospherian]

UJ

1 04 PM

Have you noticed still noyt over 120 00

Exactly 1 pm was the scalp sell

 

[gftrader32]

Lets look why you would short at the end of 12 30 pm TW ??

Trend line support was still under as well as more LRs although quickest LR saw a 2 pip pullback

I wasn't looking at shorting 12 30... i was looking to short at 12 39...lrs were above the price as shown in my screen

 

[Forexmospherian]

you mean 12 45 we didn't have a new low after low 12 15 at 84 so this mean favoring long?

Not quite - but PA / LRs etc all said try higher to next R area

That R area was 98 / 120 00

Now 120 00 not breached - 1 00 pm was a sell but now tell me your interim supports again ??

 

[gftrader32]

UJ

1 04 PM

Have you noticed still noyt over 120 00

Exactly 1 pm was the scalp sell

sorry i know 120 00 resistance but 1 pm we had new high compared to 12 45 at 97

 

[gftrader32]

not quite - but pa / lrs etc all said try higher to next r area

that r area was 98 / 120 00

now 120 00 not breached - 1 00 pm was a sell but now tell me your interim supports again ??

93 / 92

 

[Forexmospherian]

Talking of 12 39 pm

Look when high was on EU and then scalp sell

 

[Forexmospherian]

sorry i know 120 00 resistance but 1 pm we had new high compared to 12 45 at 97

As already mentioned

S & R can out trump PA

 

[Forexmospherian]

HH's and HL's - can all change on a 1 min chart at a interim R level

It might not send it 100 pips the other way - but you expect 5 -15 pips as a start

 

[Forexmospherian]

Notice also UJ is oppositely correlated to EU atm - as normally it should be

 

[Forexmospherian]

Notice also UJ is oppositely correlated to EU atm - as normally it should be

SO 1 pm scalp sell on UJ - led to scalp buy on EU after 1 00 pm

 

[Forexmospherian]

On UJ - price can also drop under 12 15 low at 84 it it wants to - as over 60 mins now

all depends on supports of 84 and 86 holding

 

[gftrader32]

SO 1 pm scalp sell on UJ - led to scalp buy on EU after 1 00 pm

are we still favouring short for UJ? can we say s at 84 and r at 200?