EU
12 46pm
I notice 0755/57 is both dynamic and static interim supports - and then 50 is another one
So really hope to be able to scalp buy in next TW
Any scalp buy on EU above 50 or 55 need a bounce over 66 to stay with it longer
Otherwise its just a scalp of 3 -7 pips etc
Yes would rate it about 7 or 8 out of 10 - not the best but easier than many
We know possible target over 65+ - ie this 0780 or 0790 area
We cannot sell for now - as LR price structure still favour up etc
If you can leave part stake on with stop then in profit - thats the way next
No over 0780 or 90 or 0800 - then we look for scalp sells again
why 780 not 777 where the price struggled to go higher multiple times?
Ideally - you visualize a scalp set up based on the info you have from your chart
Then its a case of taking it at a best price as possible so stop can be tight
If you can see if other similar pairs are also at interim levels etc - it all helps
We have news at 1 30 pm next as well - so you exit or lock in profits etc - because US news can effect the EU etc
GU was a nice scalp sell after 1 09 pm - so another reason to think the EU is stalling at 77-80 area
On my chart highest so far in last 12 mins or so 07784
any comment on gu at 12 51?
EU and GU are in synch?
so you decide to enter either at exact tw and/or 1/2 min earlier?
You have to be fluid and dynamic
No waiting for extra confirmations
The only confirmation is seeing price move your way of scalp and that will happen if you have the right level area - correct time within a minute or so and quick Lrs showing you a change etc
Its a skill that takes 500+ trade to even get to first level
News was dollar strength - but mixed results so far
so far 55 is still holding, only scalp buy right?
