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

Status
Not open for further replies.
F

I know what you mean but can be misleading and give to traders the wrong perception of reality and possibility, if I cover 70% at +5 pips and 30 % at 100 pips, I have not made 100 pips but much much less.. also if I cover 10 time I have not made 10 trades but only one...other wise looks like I am a great scalper...but in reality I just made one trade.

True - it can be misleading thats why when you hear NVP say hes made 200 scalps - in reality - it might only be 50 scalps but with 4 entries and exits on each one

In NVP's case its not though as his targets have been only 1 or 2 pips - not like MM and myself where we ideally want 7 - 25 pips on full stakes and then PPND idea on rest - so as you say 150 pips off a long rally - might at full stake might only be worth say 40 pips etc
 
I did have yesterday a trade where at one point i had 3 x 30% stake all on at different prices - so my total stake was still not 100% - but on 90% -- so every 10 pips gain was in reality at the point only worth 9 pips

Sorry to give you an headache on this matter - but hope you know what I mean ;-)
 
Long EU setup

Entry red line
stop bottom green (10 pips)
target top green (May 19th zone)
 

Attachments

  • 2015-05-19_15-44-53.png
    2015-05-19_15-44-53.png
    6.5 KB · Views: 77
GU

9 15 am

This for me as been a nicer pair to trade this morning

will post a chart again

above 5558 still a scalp buy for now
 
GU - This morning after 6 00 am and then after 8 00am

GU

I Min LR Chart with key times and TL's


Easier than EU for me this morning

190720d1432196343-intraday-live-short-term-trading-calls-expert-retail-forex-trader-gu-210515-am.png
 

Attachments

  • GU - 210515 am.png
    GU - 210515 am.png
    78.8 KB · Views: 479
Long EU setup

Entry red line
stop bottom green (10 pips)
target top green (May 19th zone)

Good LUCK again

the key for me is if price gets over 1160 and 65 next

(y)

I will comment on what I see and do - but please - if its different to you - please dont let me put you off - I might be wrong remember


GL
 
9 28 am

EU

we are near 9 30 am half hr change and GU news

Price at 1171 high - be careful at pound news in case it effects EU
 
EU

9 34 am

so far peaked 1173/4 - so exiting buys but will look again if we make over 76

Meanwhile not scalp sold for now
 
Busy last 30 mins

Not looked at EJ / UJ / AU etc - but no news on those pairs - even though they might be in similar set ups to EU and GU
 
EU

9 41 AM

Top so far 1174

The key for staying in bullish PS is above 1135 and 1140 area

Pullbacks staying above there can be scalp bought again - but to stay with more buys need above 1176 and 1182 next
 
GU

9 53 am

The better pair to be in this morning

Now at 5667 high

R areas at 5680 - 5700 and then 5720 -40

I would think any pull backs staying above 42/43 are still scalp buys again - but then watch 30 min time rules
 
Status
Not open for further replies.
Top