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

[MajorMagnuM]

Big questions to ask

Did you get any of 40 pips GU rise up to 2685 ?

Did you get any of 20+ fall under 2685 ??

Have you had an scalp over 7 pips today

The answers will reveal how we fix it

I ASSume you mean eu 2685.
my last eu trade was at 10:41 as mentioned

 

[MajorMagnuM]

i notice the start of EU rise was out of time window 13: 14

 

[Forexmospherian]

yes at 1041 i bought eu. Dy meant dynamic

Am I correct to say you bought at approx 2660/1 area

So did you stay with it whilst it dropped 20 + pips ????

Hope not - but why buy there ??

 

[MajorMagnuM]

i wld buy gu now if was was trading

 

[Forexmospherian]

i notice the start of EU rise was out of time window 13: 14

Totally confused

I have it perfect at 1 21 pm rise started again at 2645 area ???

 

[Forexmospherian]

Totally confused

I have it perfect at 1 21 pm rise started again at 2645 area ???

In fact like 20 pips in 20 mins then ??

 

[MajorMagnuM]

Am I correct to say you bought at approx 2660/1 area

So did you stay with it whilst it dropped 20 + pips ????

Hope not - but why buy there ??

i bought there because
dynamic resistance broke
dynamic supps held.
lr below
eotw

 

[Forexmospherian]

I think i need a day or two with you MM - as we are both confused on what you are seeing etc - compared to how I see it ?

No problem - you can chose 2 pairs and we can trade then for say 2-6 hrs with breaks

 

[MajorMagnuM]

In fact like 20 pips in 20 mins then ??

end of time window.
lower low
lr above
not a buy at all i thought

 

[MajorMagnuM]

well i dont know why im not seeing anything properly anymore!
i spent alot of time revisiting notes etc but this has only made my trading worse lol

 

[Forexmospherian]

i bought there because
dynamic resistance broke
dynamic supps held.
lr below
eotw

OK

what about the other 6 Lr's - not on your chart

I had another 4 over price and favouring lower and also the dynamic trendline from fall was not broken sayimg PA was still LL and LH

 

[Forexmospherian]

end of time window.
lower low
lr above
not a buy at all i thought

Circle bit of PA is still down as LL and LH - is this at 10 41 am - and if so - why did you buy ??

confused here again - sorry

 

[MajorMagnuM]

OK

what about the other 6 Lr's - not on your chart

I had another 4 over price and favouring lower and also the dynamic trendline from fall was not broken sayimg PA was still LL and LH

these yellow ones had broken
the otHER LR SETS? all turns begin with those positioned against the direction of turn

 

[Forexmospherian]

end of time window.
lower low
lr above
not a buy at all i thought

I see now that was at 1 09 pm

Then it was still a sell

It became a buy at 1 21 pm - start of new time window - then rose over 20 pips in approx 20 mins

The past is the past

we trade only the now and future

 

[MajorMagnuM]

Circle bit of PA is still down as LL and LH - is this at 10 41 am - and if so - why did you buy ??

confused here again - sorry

blimey. i bought it cos yellow tredlines had broke. price cam out of tw above the fast lr set and above dynamic supports that had held price during tw

 

[Forexmospherian]

these yellow ones had broken
the otHER LR SETS? all turns begin with those positioned against the direction of turn

You would have been correct with a HL and HH - also you have not adjusted your trendlines - far too tight and angle after adjustment still down

I can see you are being mislead by your interpretations of dynamic S & R 's

 

[MajorMagnuM]

I think i need a day or two with you MM - as we are both confused on what you are seeing etc - compared to how I see it ?

No problem - you can chose 2 pairs and we can trade then for say 2-6 hrs with breaks

this is very kind but im pretty confused atm. nice to see i missed that gu long

 

[Forexmospherian]

Stick a trendline down from 2685 and then touch main bounce

Under there was still a sell until breached

Yes you could scalp buy for 1- 4 pips off super tight TLs - and thats what I think you are doing - looking just only for scalps of 1 -5 pips max rather than turns

 

[MajorMagnuM]

You would have been correct with a HL and HH - also you have not adjusted your trendlines - far too tight and angle after adjustment still down

I can see you are being mislead by your interpretations of dynamic S & R 's

well i hope it is just that simple

 

[Forexmospherian]

this is very kind but im pretty confused atm. nice to see i missed that gu long

its no problem

With the success you have had - i think you are overreading looking for perfection now - ie 2 pip stops - 95% win ratios - etc etc

Its all down to experience practice and not getting tricked - by the play

Yes GU

In end scalp buy from low of 77 but anything over 80 was good with 3-5 pip stop

Only made 93 though - was not enough to keep the scalp buy on

Wwe needed above 6100 for that