unbelievable... you can always tell the direction for the day by the vicious breakouts. didn't quite make it to the bottom of the channel

EURUSD

that is 5m chart 2428 needs to break for channel support to be tested

EURUSD

probably optimistic because USD is overbought and because we saw a big short cover on Friday. and probably because we are far above the daily pivot with not much sign of resistance yet

EURUSD

this is why i scalp, because the market should have some sort of ebb and flow, sometimes the risk is so low

EURUSD

nice, thats the better pair to short right now definitely

EURUSD

2439. seems we have to pull back from here but the bulls are relentless today. you know it's a bull day when london doesn't hammer it. i guess NY could but I don't see why, i think it's the low volume today which is why we haven't seen our typical ...

EURUSD

i have more scalps than this, and 8 different total trade types. i have them posted on my wall beside my computer (but i have it mostly memorized, its simple after doing it day in and day out) it's all based on my risk reward, confidence in stop ...

EURUSD

i have a few different scalps. micro scalp high confidence, 3-5 pip target and s/l, 1.5x leverage mini scalp, target 7-10 pips, 3-5 pip s/l, 2x leverage mini scalp high confidence, target 7-10 pips, 3-5 pip s/l 3x leverage scalp high confidence, ...

EURUSD

Over sold and short covering from NFP. That's one hell of a bullish candle on the 4hr, but technicals don't mean as much in this market. Still, a short cover to 1.262 is possible, but I wouldn't say likely.

EURUSD

imo its somewhat ranging, but looks more like its topping and wants to retest daily pivot or 1.24

EURUSD

theres a big difference between a money manager and a hedge fund, but you are right about the hedge funds not being on this forum

EURUSD

short 2426

EURUSD

It actually is one of THE best ways to trade. Why? Because all you need is ONE trade, and scalps are some of the highest probability trades you can pick. Of course, you need to be right more than you are wrong. If you can win 60% of your trades, ...

EurAnalysis

Was just thinking to myself, bulls, what bulls? All it ever is is shorts taking profit, which pushes price up, and then they battle it out for a better entry than their take profit Need a break, be back for the fun soon.

EurAnalysis

20 pip stop loss, 60 pip target, 5x leverage. Quite realistic (not saying it's easy), but you would have to be right a lot, and nail the tops and bottoms so you don't get stop hunted. Or combine a 40 pip move with a 20 pip scalp, etc. But I was just ...

EurAnalysis

Might be bulls turn until NFP. Would love for some profit taking and a weekend gap up

EurAnalysis

200% in one month wow. Congrats that is impressive. Now let's see if you can keep that gain throughout June, that will be the real challenge. Just make sure your risk per trade isn't too high, or when you lose 10 trades in a row, it's going to kill ...

EurAnalysis

Hilarious looking at EJ weekly chart and not seeing any support on the left side of my screen. Have to go to the monthly chart. I'm sure PT is probably expecting a pullback, but EJ seems to have absolutely nothing as support until 89-90 (apart from ...

EurAnalysis

Eye strain? So what are you doing when the rest of us are looking at charts? I'd put my measly 20-30 pip gains up against the majority of position traders any day of the year. Thanks for the answer, just wondering why you even watched if you ...

EurAnalysis

Well yeah patience. I lack both age and experience heh But I'm curious what is the point of even watching? I would be living a life if I was a position trader who didn't take day trades. You just don't think the R/R is worth it for any scalps ...

EurAnalysis