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

[Forexmospherian]

EU - still in a bermuda triangle ;-)

 

[Forexmospherian]

EJ - testing high at 140 67

EA up at 5300 - need to look for a scalp sell soon

 

[Forexmospherian]

Cad - now at 32 - lock in some profit if you did get any sell under 80 and 60

 

[Forexmospherian]

EA at 5304 - a R area - would only scalp buy over 5310 now - otherwise need under 94 and 90 to scalp sell

 

[Forexmospherian]

EA - interim top at 5308 and LH at 5304 was a scalp sell confirmed under 94 and 89

 

[Forexmospherian]

EA - only got to 96 - so aggressive scalpers would be scalp buying for over 5305

I will wait and know if 94 and 90 go - i can scalp sell again - and if over 5310 then look at scalp buys again

 

[Forexmospherian]

CAD - 60 to 80 is like another tease zone - under both should be more falls - above both look for more buys and in the range - dont get suckered

 

[Forexmospherian]

EU - still in my BT tease zone - 3720 to 3700 - but now at 15 and wanting to get more bulls in to fry them I reckon - but you just never know

At moment 22 is a LH and up to 30 is a R area

 

[Forexmospherian]

OK - having a break for 30 - 40 mins I think

Will be back before next news at 3 00 pm

Regards

F

 

[be-positive]

pete have you four eyes two heads and one hundred typeing fingers ?????

 

[Forexmospherian]

pete have you four eyes two heads and one hundred typeing fingers ?????

Lol - I reckon if I had - I could make more money

The 4 eyes and 2 brains would be really helpful for scalping

 

[Forexmospherian]

I notice now EU easily got through 3220 and 30 R area and now made 51

Above 35 still a scalp buy with more Rs coming at 60 to 70 and hr change and news

 

[Forexmospherian]

EA went over 5310 - so was more scalp buys topped 31 for now - still scalp bullish above 06 and 10

 

[Forexmospherian]

thanks for being so forthcoming with your stats and sorry i didn't check back to see the edited stuff in your earlier response

i've only recently come round to the small stop approach myself as you don't need to go through agonies to find out you've got it wrong, get it over with as soon as you don't get confirmation you're right wait ans see is a slow death you get as far more cuts with each twitch of the price on a 50 pip stop than you do with two or three losing trades at 5-10 pips a pop a useful lesson learned the hard way

i'm not hitting anywhere near your win rate at present but i am improving and i've learned to love taking those small losses and i tend to let those that do go good for me run for considerably more pips than you but they are few and far between

interesting to see how you work forexmospherian though not sure its tecnically scalping its certainly an education for me

No problem

You are welcome to join in thread and watch while another member Major Magnum gets on

Hes been trading part time for approx 2 yrs and I got him into scalping and short term intraday trading approx nearly 4 months ago. He is away this week but done well on demos so now going live on small stakes for a start

The key is 1000's of chart hrs on the small frames

After say 5000 hrs watching live charts under say 5 - 10 mins you will be good - and then over 10k hrs - you will be really good - better than me as I am now 60 yrs old and so not so quick as say 5 - 10 yrs ago - but with more experience.

I can help you live here on the thread if you want - although I would suggest you do not try all the things I do

I think you need say 4 -9 months learning to scalp with good entries - but a say a year or 2 behind you with all the basics etc

Its this dedication - focus - discipline - study etc etc and not forgetting patience as well

Regards

F

 

[Forexmospherian]

EU peaked at 59 so far need under 44 to hold on any scalp sells

Above 64 and 71 more scalp buys

 

[Forexmospherian]

GU - hittings its R areas at 6720 -25 area - above 6700 still scalp bullish

 

[Forexmospherian]

EJ - peaked 141 27/8

Only look at more scalp buys over 33 and 37 - otherwise try scalp sells with under 05 to hold

 

[Forexmospherian]

Cad as got supports 1115 to 1130 - if it dropped through - down to round number at 1100 - but would expect a bounce somewhere before there

 

[Forexmospherian]

AU - not been watching this one so much today - but some nice scalp movements and always a pair i suggest for testing your scalping - as normally quite kind - ( normally) lol

It bounced off 8950 support area - tried and tested R's at 8980-90 area and now scalp sell under say 79 and 76 with 62 - 65 being interim supports

 

[Forexmospherian]

EJ - peaked 141 27/8

Only look at more scalp buys over 33 and 37 - otherwise try scalp sells with under 05 to hold

We have stopped at 06/7 - so will take 70% off and place 30% in free trade with stop in profit at 21