EU
I would say 2417 to be safe - above 17 /20 still scalp session bullish
Hope to see you tomorrow MM
Regards
F
Good Morning to all FX Intraday Traders
A busier news day than yesterday and an unusual last week of the month - with the US on a Bank Holiday ( Thanksgiving day ) on Thursday followed by the US retail Black Friday sales day
I have noticed we have had more followers lately - in fact including guest there was approx 60 traders viewing at a few times yesterday - far more than the normal 12 -25 including guest
When this happens in busy periods with several member commenting - please update and refresh your browser every 30 secs or less - so not to miss any comments
I noticed yesterday - during some busy periods I missed several comments and questions and we went on to new pages
Apologies - and I will always try and reply to any queries when I see them later on
Normal stuff - quick reviews - updates - levels and my plans for scalp buying and selling
I normally trade -3 - 6 pairs a day - ( only key FX pairs - no exotic etc ) and expect to take 10 -20 trades over a period from 6 30 am to approx 5 00 pm UK time
Quick scalps cannot always be posted in time - due to delays - but my main targets of 7 -25+ pips I hope to be able to share - in advance or at the commencement of the moves
I advise you to set up a 1 min LR chart with my settings on - and then watch the time windows - as that is when I am normally looking for new trades
Have a good day
Regards
F
F
Good morning
I have always been trading naked charts.. I find it difficult to see the price with many lines.
Do you thinks it is possible to trade in a similar way with just a few lines and if you do, what are your suggestions? Thanks
Fzsy
EU
6 52 am
Comment above from last night at 9 23 pm
The EU stopped and bounced at 2418 and so far as retraced back up to 2430 - another LH from 37 and high yesterday of 2444
For me now the EU between 2417 and 2445 is in a range of 28 pips - not a BTTZ atm
Price structure says the line in the sand is at 2435/36
Below favours tests on 2418-20 supports and above 2436 favours a test of yesterday high
Currently not in any scalp on EU
Hi Fz
I also have a naked chart alongside my busy messy LR charts covered with TL's and other info
I suppose its what you get used to
Unfortunately - for real accuracy and scalping - a naked one min chart being eyeballed will only work with maybe 5 yrs of scalping knowledge behind you
You need aids - to assist your decision making - although experienced swing traders can trade naked - but when I tried for over 6 months - my results fell
Yes even just a few aids will help - but trading to make money is very complicated - and timing for entries on scalps - is KEY
Regards
Have a good day
F
GU
6 58 am
In another range - but a larger one of approx 120 pips ie 5620 to 5740
5670-75 is a S and R area with price currently at 5686
Under 5704 I favour lower and tests under 70 for now.
Not in any scalp for now - but should be before I pop out at 7 40 am this morning for approx 50 mins
Good morning all, just a quick note to point out that EJ seems to have reverted its downtrend.
Morning NF
Just got back and yes got a nice scalp sell on it first thing this morning but exited at 31/2 area and then 30% remainder at 42
Hope we can sell again under 146 90
Have a good day
Regards
Holy moly! I feel a proper contrarian now. I went long at 146.48 and bought more at 146.67 once it took out the previous double top. I was targeting the resistance at 147.30, but given your thoughts I might lower it to 146.90.
