My journey towards consistency

[gftrader32]

Hi G

12 51 am

Tell me how you see the EU now ?

Sorry my comment for GU

 

[gftrader32]

EU still in up trend

 

[gftrader32]

scalp buy eu at 12 51

 

[Forexmospherian]

I was expecting a sell at 12 46 i know not in tw etc

OK

why would I be looking at buys above 50 / 55 ??

 

[gftrader32]

OK

why would I be looking at buys above 50 / 55 ??

r at 9 38 became s at 12 49

 

[gftrader32]

r at 9 38 became s at 12 49

plus tl and lrs and tw at 12 51

 

[Forexmospherian]

r at 9 38 became s at 12 49

Yes - one of clues

But will list my clues next and check what I had said in my thread about 5 -10 mins before the turn

 

[gftrader32]

Yes - one of clues

But will list my clues next and check what I had said in my thread about 5 -10 mins before the turn

what is the difference between dynamic and static interim supports?

 

[Forexmospherian]

Clues for a EU scalp buy above 50 / 55 supports


1, Interim support area

2. Up TL from 0730 / 740 and extrapolated

3. Time window - ie after 12 51pm

4, Previous movement had been 20 mins or so of fall

5. Levels to test still 0780 and 0790 still and above 0730 and 0750 still bullish in session for now

6. PA at 12 48 and 12 51 pm onwards - HH's and HL's on 1 min

7 LR's - 4 going under over 3-5 mins - saying price wants up

8 - first obstacle at 0765 - so thats over 10 pips away worth taking##


9 - So far at 1 04 pm high as been 68 and only exit buy under 60

 

[Forexmospherian]

what is the difference between dynamic and static interim supports?

dynamic is off a moving TL - not as strong as horizontal or static - but can still count - as in this case off up TL from low

 

[gftrader32]

Clues for a EU scalp buy above 50 / 55 supports


1, Interim support area

2. Up TL from 0730 / 740 and extrapolated

3. Time window - ie after 12 51pm

4, Previous movement had been 20 mins or so of fall

5. Levels to test still 0780 and 0790 still and above 0730 and 0750 still bullish in session for now

6. PA at 12 48 and 12 51 pm onwards - HH's and HL's on 1 min

7 LR's - 4 going under over 3-5 mins - saying price wants up

8 - first obstacle at 0765 - so thats over 10 pips away worth taking##


9 - So far at 1 04 pm high as been 68 and only exit buy under 60

so on this scalp where do you enter? 12 51? 760 level?

 

[Forexmospherian]

Main question

Are you still in this scalp buy ??

 

[Forexmospherian]

so on this scalp where do you enter? 12 51? 760 level?

I entered at 12 51 at 58

 

[gftrader32]

Clues for a EU scalp buy above 50 / 55 supports


1, Interim support area

2. Up TL from 0730 / 740 and extrapolated

3. Time window - ie after 12 51pm

4, Previous movement had been 20 mins or so of fall

5. Levels to test still 0780 and 0790 still and above 0730 and 0750 still bullish in session for now

6. PA at 12 48 and 12 51 pm onwards - HH's and HL's on 1 min

7 LR's - 4 going under over 3-5 mins - saying price wants up

8 - first obstacle at 0765 - so thats over 10 pips away worth taking##


9 - So far at 1 04 pm high as been 68 and only exit buy under 60

would you say 12 40 was a scalp buy as well?

 

[gftrader32]

Main question

Are you still in this scalp buy ??

i didn't take it

 

[Forexmospherian]

would you say 12 40 was a scalp buy as well?

No - from 12 21 pm and 12 30 and 12 39 pm - all still a sell

First sign of scalp buy 12 49 / 50 and 12 51 pm

You have to know your decision as it happens or at least 2 mins before hand

 

[Forexmospherian]

Scalping is different from swing trading

You have to be quick

One click entry - babysit it and focus on it until at least you have stop in profit#


My stop went in a profit at 60

After 60 I could relax - as a win/ win

It would make me just a few pips or might make me 19 pips - as it as now

 

[Forexmospherian]

i didn't take it

No problem

But if you check my thread out - this is what I said in advance of 12 51 pm

Will post next

 

[gftrader32]

Scalping is different from swing trading

You have to be quick

One click entry - babysit it and focus on it until at least you have stop in profit#


My stop went in a profit at 60

After 60 I could relax - as a win/ win

It would make me just a few pips or might make me 19 pips - as it as now

i guess this scalp could be rated 7 / 8 out of 10 of clarity....not all scalps are that clear, are they?

 

[gftrader32]

No problem

But if you check my thread out - this is what I said in advance of 12 51 pm

Will post next

yeah i noticed it after the fact...