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

[be-positive]

pete do you ever lets say trade off a 5 min chart ( ok larger stops but not as stressful as 1min etc.)[/QUOTE ]

1 min not stressful after about 5000 + trades

10 second tick can be stressful - but as long as not on big money - then its just like playing a video game lol

5 mins for me like a 4 hr chart - toooo slow :_)

ok just thought I would ask

 

[Forexmospherian]

Ucad dropping nicely and UChf and UJ

 

[Forexmospherian]

ok just thought I would ask

Once you can get adjusted to a tick and a 1 min BP - you would never go back

I agree until you get used to it - its like too quick and price bouncing etc - but after time you filter it out and my LR's help so much

 

[Forexmospherian]

1115 at 2 18 pm ish then for now on EU

 

[Forexmospherian]

To hold on scalp sells on EU we need under 1090 and 80 - otherwise over 1098 still scalp bullish

 

[Geofract]

There are some nice opps to buy M5 bar breaks sometimes - I was thinking about that earlier in the week. Might be good for newer traders like myself.



Ok, will shut up now, and stay true to the cause! lol

 

[Forexmospherian]

I hope NVP is being selling his dollar last hour or so

 

[Forexmospherian]

There are some nice opps to buy M5 bar breaks sometimes - I was thinking about that earlier in the week. Might be good for newer traders like myself.

View attachment 195454

Ok, will shut up now, and stay true to the cause! lol

No please join in - its slowing down again so no problems

You have to get use to say a 3 and 5 min first before really living with a 1 min or tick

You can still do well with a 5 minute - but if you take say over 10 trades a day - then the quicker frame might make you an extra 20 -40 pips and also get you out losers quicker

 

[Geofract]

Have a good afternoon folks. Going to take a break - might pop back later.

 

[Forexmospherian]

1115 at 2 18 pm ish then for now on EU

we need to see if 1115 hold for 30 -33 mins now with no breach again

 

[Forexmospherian]

2 20 / 21 pm seems to have been the time for many scalp changes

 

[Forexmospherian]

2 28 pm EU scalp buy again - noticing slightly before hr or 3 mins after popular

 

[Forexmospherian]

Its still volatile

EU moved up 15 pips in under 3 mins

 

[be-positive]

lets see how the EU 5min does in this (2.30 TW ) Short 1.11000 stop -16

 

[Forexmospherian]

EJ

2 35 pm

Its moved up approx 150 pips from EO

Ok we had some pullbacks in between but a great bullish chart with LitS under all day

Post chart in a minute

 

[Geofract]

No please join in - its slowing down again so no problems

You have to get use to say a 3 and 5 min first before really living with a 1 min or tick

You can still do well with a 5 minute - but if you take say over 10 trades a day - then the quicker frame might make you an extra 20 -40 pips and also get you out losers quicker

Well it's an interesting thought, and seems like it might be a viable compromise between an M1/Tick versus an M5/M3 123 - 123's are lovely in theory, but too slow, and you aren't guaranteed a 123 will print appropriately.

Food for thought - you can still use TW - might still be able to use M1 for extra clues, but take M5 break as confirmation.

I might give it a go.

 

[Forexmospherian]

lets see how the EU 5min does in this (2.30 TW ) Short 1.11000 stop -16

Big stop BP - but i wish you well

If we go under 1080 - you have cracked it

over 1109 - I would then get concerned - or swop to buys

Good Luck

 

[be-positive]

:cheesy:

 

[Forexmospherian]

2 39 pm scalp buys at 81 only any good if we get over 95

Under there still a sell after bounces

 

[Geofract]

Nice going BP!