Forexmospherian
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noticed scalp buy on EU from above 58 was good
Now at 78 - but out - as popping out
Now at 78 - but out - as popping out
64 would have been my entry ?noticed scalp buy on EU from above 58 was good
Now at 78 - but out - as popping out
64 would have been my entry ?
That's OK because it moved up well
But check out time and quick LRs
By 3 39 pm and 61/62 you had 2 or even 3 quick lrs under price and a HH and HL on the 1 mins from the 3 35pm first low and then 3 37 pm - a double bottom etc
Worth a punt before 64 and then if it only made say 66 - good chance you could still get out break even or 1 or 2 pips
In the end so far made 2692 - so even at 64 there is 20+ pips in that scalp buy
Regards
Peter
That's OK because it moved up well
But check out time and quick LRs
By 3 39 pm and 61/62 you had 2 or even 3 quick lrs under price and a HH and HL on the 1 mins from the 3 35pm first low and then 3 37 pm - a double bottom etc
Worth a punt before 64 and then if it only made say 66 - good chance you could still get out break even or 1 or 2 pips
In the end so far made 2692 - so even at 64 there is 20+ pips in that scalp buy
Regards
Peter
EJ
Aa BTTZ
needs over 137 10 + OR under 136 90 and 77
EJ comment an hr ago
stayed above 90
Went over 137 10
Made 137 27 - before pullback
Even getting in late at say 3 05 pm at 12 or so - easy 10+ pips before topping
Aabove 137 10 /12 still really scalp bullish
Cannot make above 137 31 for now
Need really under 15 to hold any scalp sells on
or bounce staying under 31 to sell again
To scalp buy look for over 34 and 37 and staying above 27 then
9 00 pm time
Sorry forgot all about 7 pm FOMC meeting mins
Had friends round and brain switched off - again ;-)
Looks like dollar weakness abd EU up now at 2740 - 50 area - ie over 250 pips up from beginning of week
For bear trend followers - I hope you have big stops - and if you do - why - when ist so inefficient - unless you are a advanced member of PPND brigade ;-)
Some lovely movements there 🙂 missed the boat - Do you normally trade FOMC P?
Good morning FM,can i ask which platform you use and can your system be replicated on Metatrader?
morning short EU 40
GM Intraday FX Traders
Busy week again so far with some good movements on my favourite currency pairs
Normal start with updates and reviews on levels aling with intended scalp directions etc based on time windows - PA and of course a one min LR chart
I do use other time frames - even the monthly - but for intraday trading in the "now" normally focus on all charts up to just 60 mins - -with entries and exits off only tick and one min charts.
Have a good day and lets explain what I am up to on various pairs
F