NVP
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121.52 so ok ish ....................
121.44 now the low so in pips 👍
those other calls havnt triggered gang .just trying to get eu in profit
121.52 so ok ish ....................
15-16 ..sorry guys .the euro is really trying but the usd is not selling off as hoped yet
Closed the rest @ +15
Went short this lady, she has been swinging her hips nicely........the previous momentum down has placed me on the short side, she had a strong leg up after that, then she stalled and formed a flag, I entered with a fail final flag, covered half @ +12, SL to BE, she might revisit the recent low, I do not know.......She has been strong for a while...
not taking more trades for the day...
Btw there was no proof that Mr Fox did anything wrong with the statements ...
1023 the EU buy now (from 17)
121.40 the uj sell (from 57)
calling them live and loud
N
Swimming in the green again fellas... Looks like I will be keeping my house afterall 😆
I think Fox is a good trader, his style makes sense to me.....
Hi tar
Yes there was on his 1 million pound winning day
F
Hi G
i can now understand how your are confused - and I can see it partly my mistake for not beng clearer - thinking you understood my earlier comment about pyramiding and peeling - or scaling in or out
Price did not have to go back there for my 30% stake buy to work
I came out of a 100% stake scalp with 70% stake with a profit of 16 pips.
I then chose to leave the 30% stake on - with it that time being up 16 pips
But - and this is the bit I think you are misunderstanding - for my trade to still have a profit ( ie 70% stake at 16 pips) I could allow my 30% stake to be under my entry point by even 9 or 10 pips - and i still would be in profit on the original scalp
To further clarify - say my scalp entry was at $50 per pip
I exit with 70% of at 16 pips - ie 16 x $35 = $560
Now if i had exited 100% and left nothing on - it would have been 16 x $50 = $800
But instead I left 30% stake on which was approx $15
Now even if my stop was 10 pips under entry - and I got stopped out - which did not happen anyway then end result of trade would have been a net $410 - ie $560 - $150 loss = $410
But instead my 30% stake from 1003 made me 47 pips
So now that trade as given me $560 + (47 x $15 =$705) total $1265
This is a good example of pyramiding and peeling
Regards
F
PS - Instead of only $800 if In had exited 100% before I left and went out
I'm reading carefully...
What time did you re-enter at 1003 please?
Are your times GMT or BST?
1023 the EU buy now (from 17)
121.40 the uj sell (from 57)
calling them live and loud
N
EURNZD looking for buys above 1.6430 shorts below 1.64 sl 10
Thanks for the reply F.
I understand P & P, in principal anyway, that's not the question.
My question is...
at ths moment the best trades are buying Ucad and selling Au .........not the favoured pairs for me
back later
N
Sorry on that part always BST -ie as I type this 1 13 pm and news in what 17 mins
Regards
F
WD N
Pure scalping calls are always difficult to call live - simply because a 5 or 7 pip winning trade with a RR of 2 can be over in under 2 or 3 minutes - even before members here following see or take in the comment printed
As I scroll back this thread last hrs - there are still comments I am not seeing until I refresh browser again etc
That why set up's and maybe trades that last over say 10 or 15 mins make easier viewing or following etc
Regards
F
Thats why TW's and KT's are helpful - but as you know - they dont just work on their own - other clues have to line up - like PA - interim S &R's etc etc
+50 pips
And re-entry time for 1003?
... that little detail 🙂