FX Intraday Live and in Advance of entry price trade calls - 2015

[12WBT]

All callers welcome.


Limit to sell AUD/USD 0.81282 stop 0.8141
Cancel if not taken by 5pm Monday New York time

Update

Just to update the cancel would be 10 pm UK time which is 8 am my local time.

Showing chart with 15 min time frame.
Excluding New Years eve, failed to close above this level at the Sydney close in late December.

 

[counter_violent]

Can anyone make predictions ?

 

[Forexmospherian]

If there's any newbies who, for God knows what reason, wants to participate in F's 'blog' and make guaranteed winning 'calls', simply:

Pick an instrument. Put a 'potential buy level'' 15 pips above the current price and ''potential scalp sell level'' 15 pips below the current price. (and use 2 prices close to each other as the 'level')
Once price has move in either direction by around 30 pips, claim to have taken the trade which would have theoretically resulted in a profit and dismiss any trade that would have resulted in a loss.
That's the BEAUTY of never actually making a proper live call, and stating that you are are NOW IN a trade

you're welcome

Don't miss the point, though
It's not about the trade style, but the 'style' of the call itself.
You can't get whipsawed because, due to never actually saying ''I AM NOW LONG HERE AT XXXX' You never have to lose on your 'call'

Hi 12TBW

According to another member here ( comments shown above) - Limit orders don't count as live trading calls in advance.

This ultra ****? member needs you to say when you are in the limit order " i am now long /short at price".

But by then - its no longer a live call in advance of entry ?

He also thinks you can "wrap" any session price level - showing his lack of trading knowledge - and that once you have named your stop level ( as you have on your first AU trade) that you can still claim a win - even if you get stopped out.

I think this new trading thread is a brilliant idea and I wish you well with it

Once you have decided on how you want to interpretate your trading call details according to the thread heading - will it be OK as CV as ,mentioned for anyone to participate with FX calls - ( including me ) ?

Best Regards and have a great new trading year

I will ;-)


Regards

F

 

[Forexmospherian]

All callers welcome.


Limit to sell AUD/USD 0.81282 stop 0.8141
Cancel if not taken by 5pm Monday New York time

Shame its dropped before your limit order price - still no one get 100% of their calls correct - as we know

Regards

F

 

[12WBT]

@counter_violent
@Forexmospherian

Both welcome to make calls and anybody else.

Not a big FX trader, but will try and put a call or prediction up each day.

Back to the darts.

Have a good week.

 

[scholfield]

Hi

Regards

F

Sorry, but would have to 100 disagree on all of your points.
however, don't want to disturb 12wbts expert live call thread so won't elaborate on why you are wrong.
Have a profitable Week (I will )

 

[12WBT]

Okay try and keep it simple as possible

Type of trades.

Limit orders
Sell or buy order at the price and stop, can be price stop or time stop(15 mins, 1 pm in London etc)

Stop orders
Sell or buy stop order at the price and stop, can be price stop or time stop(5 mins, 12 pm in New York etc)

Market orders
Price taken and stop(price or time) and try and post the call in 1 min of taking trade.
Will be very hard or impossible if you in and out the market seconds at a time.


If you want to add take profit in the call up to you.

Or just up date when stopped out or when closing the trade, try up date within 1 min of closing the trade.

If you want to put a chart up or statement up, your call but not expected.

 

[12WBT]

Time Frame

Just to add another thing on the time frame stop cancel orders.

Will use a standardised time frame of the UK.

With the forum UK based and most posters based in the UK.

 

[counter_violent]

Shame its dropped before your limit order price - still no one get 100% of their calls correct - as we know

Regards

F

He didn't say that.

He said this.

Limit to sell AUD/USD 0.81282 stop 0.8141
Cancel if not taken by 5pm Monday New York time

Do I have to explain this ! It means pending order to sell Aud/Usd @ 0.81282 by 5pm NewYork

Not rocket science is it ffs.

 

[Forexmospherian]

He didn't say that.

He said this.

Limit to sell AUD/USD 0.81282 stop 0.8141
Cancel if not taken by 5pm Monday New York time

Do I have to explain this ! It means pending order to sell Aud/Usd @ 0.81282 by 5pm NewYork

Not rocket science is it ffs.

FFS - cannot you READ !!!!!!!!

I said its a shame price fell - BEFORE HIS LIMIT ORDER KICKED IN -

So therefore he missed a potential 50 pips off a fall - ie yes he got the direction correct - but he was not in it - and missed that move - surely that's a shame.

I appreciate he has not lost money etc - BUT - he missed the move so far.

OK - his order still might kick in - but as far as I am concerned if it did his to time limit - it might then be a problem and stopped out

Surely you agree ?????????????

So why all the FUSS ???

Seems to me a lot of traders here who go over the top so easy

Chill CV and have a good trading week

Regards


F

PS - If he hopes its still kicks in now - I wish him luck and hope then we get another nice fall - personally I would cancel it and review again

 

[scholfield]

8 36 am

EU as 2 main interim R's above price atm around 1977 -80 and then 2000 - 2010/15

Price at 1969 and above 55 on pullbacks is still a scalp buy

So F long at 1.1969(?) and stopped
currently 1.1959

 

[Forexmospherian]

So F long at 1.1969(?) and stopped
currently 1.1959

?

Sorry - Scholfield - you have got it wrong again

OK - a pullback is a scalp sell - so under 1975 and also 69 its a scalp sell and I would look at exiting at 1955 to then scalp buy

We went under 55 - so could not scalp buy there and then at 9 09 am - 44 held - so that was a scalp buy

Now if we make above 61 and 69 you can stay with scalp buys

But if we do not make above 61 then exit scalp buys

With GU news in just over 10 mins - i will looking more at GU after 9 31 am

Hope that explains more

Dont want to pollute this thread - and will only make live calls in advance - that are not pure scalps here - and will do later on today

I apprecaite as 12 TBW as mentioned this is not really a scalping thread - which I think is good - and so I will abide by the rules

Why did you not ask for clarification on my thread ?? - rather than you pollute this thread - one which I think is a good idea and I support 12 TBW

Regards


F

 

[scholfield]

8 55 am

EU

Pullbacks staying above 1945 - are scalp buys again

After that stop out, he's looking to get back long?
pullbacks staying above 1945 are scalp buys.
in theory we could then say that he was long again at the time of his post as price was 'pulling back' and was above 1945.
So F was long at 1.1952 and stopped out for -8 this time?

9 05 am

#dropped to 1944

45 / 46 was a scalp buy and so far we have bounced to 51

Oh, he seems to have announced he got in long at 45/46 (which one I wonder )
However, we can dismiss this as price got at low at 1.1943 so no trade as the pullback went below his '1.1945'

I'd say he's down about 40 pips so far.
Hopefully he can pull it back for a breakeven day.

However, I do love the idea of calling ''pullbacks staying above xxx are scalp buys''!

Let me try.

Pullbacks on EU staying above 0 could be scalp buys. I'll let you know the results of this call.
Wish me luck!!

 

[Forexmospherian]

After that stop out, he's looking to get back long?
pullbacks staying above 1945 are scalp buys.
in theory we could then say that he was long again at the time of his post as price was 'pulling back' and was above 1945.
So F was long at 1.1952 and stopped out for -8 this time?



Oh, he seems to have announced he got in long at 45/46 (which one I wonder )
However, we can dismiss this as price got at low at 1.1943 so no trade as the pullback went below his '1.1945'

I'd say he's down about 40 pips so far.
Hopefully he can pull it back for a breakeven day.

However, I do love the idea of calling ''pullbacks staying above xxx are scalp buys''!

Let me try.

Pullbacks on EU staying above 0 could be scalp buys. I'll let you know the results of this call.
Wish me luck!!

Why are you polluting this new thread of 12 TBW with your rubbish ???

As normal you are totally and utterly wrong - are you really a newbie - because I dont think you follow PA or price structure or the idea of scalping at all

Now if you want a lesson from an expert - commit to 3 months on my thread ??

12 tbw

Sorry - will only post on this thread wit proper live calls in advance with stops and with targets - Scholfield is just causing trouble - again

Regards


F

 

[scholfield]

However, I do love the idea of calling ''pullbacks staying above xxx are scalp buys''! a LIVE CALL

Let me try.

Pullbacks on EU staying above 0 could be scalp buys. I'll let you know the results of this call.
Wish me luck!!

Happy with that
we pulled back to 1.1943 (that's above 0, i'm sure you'd agree)
So I got long there and it's now trading at 1.1956
closing here for +13.
That's all from this expert on the euro today

 

[Forexmospherian]

11 05 am

AU

looking at a buy on AU at 8057 area

My stop would be 8054 - 4 pips


I can hold on the buy on over 8178 /80 - otherwise I take profits and leave 30% on with stop at 8064

 

[Forexmospherian]

11 22

AU

Price never went under 80598 and I scalp bought at 605.

I need above 8066 to hold the scalp buy on - otherwise I just take a profit above my entry

If then price goes to my original buy price of 8057 - I will not buy - and so that would be cancelled with no entry at that price

 

[Forexmospherian]

11 35 am

AU

Price made 80678 for now - taken 70% off for approx 6 pips

Will leave 30% on with stop in profit at 8062 and forget now

If I get stopped out - still made profit on both trades

If price continues up - I move my stop up into more profit

Regards

F

 

[Forexmospherian]

11 35 am

AU

Price made 80678 for now - taken 70% off for approx 6 pips

Will leave 30% on with stop in profit at 8062 and forget now

If I get stopped out - still made profit on both trades

If price continues up - I move my stop up into more profit

Regards

F

Exited at 80636 as under 64 became a scalp sell and so did not wait until stop in profit hit at 62

So result - 5.8 pips on 70% stake and 2.6 pips on 30% stakes

I got 2 profits even though trade did not meet my expectations of once above 66 trying 70+

Will make some more live calls in advance later - but not just scalps


Regards


F

 

[trade2windows]

11 22

AU

Price never went under 80598 and I scalp bought at 605.

I need above 8066 to hold the scalp buy on - otherwise I just take a profit above my entry

If then price goes to my original buy price of 8057 - I will not buy - and so that would be cancelled with no entry at that price

Classic...You actually give a live call to buy @57 and when it doesnt go there ,you come back later on after it had moved and say you took the lowest it went and still made a profit

Sure why doesnt 12WBT come back at 5PM New York Time and say "nah I changed my mind to limit sell @ 8100 not 8128 ".....We all should trade Mofo style ..never lose