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

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GU - taking off 1 30% stake on a sell at 6919 - after fall so far to 6917

Will leave other one on under 6934 and then exit later today if not taken out
 
Will be back either next Wednesday afternoon / evening or Thursday am on this thread

Some key tips

1.Remember times - ie 9 mins to hr - hr change - 9 mins past - 21 mins past 30 min and 39 mins past

Changes if they are going to happen normally happen in these windows etc

2, 3 quick white LRs - dont trade against them on a scalp

3. Check Price structure via LR's - PA alone is not enough

4. If ranges are tight - lock in profits - or take stakes off at different levels

5. A strong Support or Resistance will stop any move - always remember that

6. You need to multi trade every day - ideally on more than 2 FX pairs - dont try 4 or 6 until experienced

7. Whether you do 7 trades a day or 17 or 27 - it's up to you - but dont do just 2 or 3 trades in a day and stop - unless of course all win and make you great pips

8 Remember its a big world wide money game full of lies and deception etc - dont believe half you read - always expect the unexpected and start thinking more out the box - old fashioned ways / methods are just not so great now in the 21st Century competing against super computers etc etc

9. If you cannot trade it under a 5 -7 pip stop - dont trade it ;-)

10. You will be wrong - accept it - but if you have followed my methods you will always know you will have far more winning trades than losses and with tight stops - You are in CONTROL

Good Luck

See you guys


Regards


F
 
You have to laugh

Had a 6934 tight 30% stop on GU - it moves up to 6935 and then drops over 30 pips

Typical markets - don'y you just love them ;);););)
 
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