50/45 to 90/85 is 40p MONEY has been been all day long from under 60, under 50 and on all the dips back up. AFTER the DL printed it's been HH and LLs

EUR/USD: IntraDay Scalping and Short Term Swing Trading Only

Accumulation on chart....

EUR/USD: IntraDay Scalping and Short Term Swing Trading Only

W's are very powerful and they rarely turn into M's...in this case theoretically it could, but I think it's in the wrong place....sellers have already sold out ad 84 and 90...it retraced to 65 then 75 the 2nd time, simply put, low liquidity, no ...

EUR/USD: IntraDay Scalping and Short Term Swing Trading Only

Getting interesting. Kind of a h&s forming now on 1mn with right shoulder line breached, but the bottom of that shoulder looks like it's extending out to become a W, and W's have been very powerful the last couple of days here on the 1mn and 5mn. ...

EUR/USD: IntraDay Scalping and Short Term Swing Trading Only

Also chart or market psychology to place stops. You shorted at 84+, market has come down from 1.10 last 2 days, it got rejected at 85ish this morning...very unlikely in your case that the market would go there in one swing to 1.10...therefore 16p ...

EUR/USD: IntraDay Scalping and Short Term Swing Trading Only

don't use static stops and don't take a trade unless that projected sl is less or even with projected tp all it takes is one black swan event to wipe your account...doesn't matter if your lot size is 01 or 100, if you are trading in incremental ...

EUR/USD: IntraDay Scalping and Short Term Swing Trading Only

San, the trad logic is rational and intelligent based on probability. But your risk mgmt is irrational and based on negative return certainty over time, just extrapolate all possible scenarios with that kind of risk mgmt. doesn't matter if it is a ...

EUR/USD: IntraDay Scalping and Short Term Swing Trading Only

OK, your logic for your trade I understand, your risk mgmt I do not... put another way....I'm willing to risk 4x my projected gain, just so I don't take a smaller loss or so I can prove I'm patient and trading well. Whatever happens DO NOT RISK 100 ...

EUR/USD: IntraDay Scalping and Short Term Swing Trading Only

out (of the thread) for at least the rest of week where ever price goes GL everyone

EUR/USD: IntraDay Scalping and Short Term Swing Trading Only

at this minute I think there are a lot of scalpers trying to move the pivot and position traders that went short late Friday and early today at 80/90 levels that are trying to protect their positions and double up...we all know how that ends ...

EUR/USD: IntraDay Scalping and Short Term Swing Trading Only

sorry had to chime in here, san, why did you sell at pivot? you must have planned that one in advance right? thinking...if it gets there I will sell, well we were at 50 / 60 and it shot up to 66 pretty quickly, you could have been long instead *at ...

EUR/USD: IntraDay Scalping and Short Term Swing Trading Only

Sorry for taking up the floor. Done posting for rest of day and most likely for rest of week. Good luck to ALL this week.

EUR/USD: IntraDay Scalping and Short Term Swing Trading Only

inverted h&s neckline broken to the upside plus 1mn volat is now changing back to upside rest of European session should see upward movement and carry into US session as well.

EUR/USD: IntraDay Scalping and Short Term Swing Trading Only

Most analysts especially those based in NY and even more so Chicago will say look at the probability in the Fed Fund futures which are now ticking close to 80% of a rate hike. However, those figures are so slippery and change every month, and have ...

EUR/USD: IntraDay Scalping and Short Term Swing Trading Only

40 is my lower bound on this long. The push back line at 70 and 68 is getting lower, not good, however 50 as expected is still sticky. Any thrust up past 70 now is going to take and trap a lot of bears with it. Still holding.... 1.11 before Tuesday ...

EUR/USD: IntraDay Scalping and Short Term Swing Trading Only

A close above 68 now should confirm that short term intra day 1mn volat is now UP...until then still slightly cautious here. Get ready for a WTF move to the upside, only purely technical traders are going to be the ones who even imagined it coming. ...

EUR/USD: IntraDay Scalping and Short Term Swing Trading Only

I believe the fake is complete and done at 49. Hello 1.11

EUR/USD: IntraDay Scalping and Short Term Swing Trading Only

A lot of "Analysts" are calling for .25 hike or "predicting" it. Last time, Adam Button a respected trader/analyst from another popular site, was one of few who said a hike would not happen, and he went all public against the tide and was right. ...

EUR/USD: IntraDay Scalping and Short Term Swing Trading Only

Close at 60 and LONG again from 61.8 -8 and +2 for morning so far Now bid at 65.1 1mn volat about to turn to upside and 5mn is not far behind. The downside fake is *probably* done for today. Still cautiously optimistic for move up to 1.1105 still.

EUR/USD: IntraDay Scalping and Short Term Swing Trading Only

One mn volatility indi went all short at 1.0977 and 5mn went all short a while ago, I am now fully short at 1.0962. It may *and probably will* bounce back and this is *probably* a fake, but I gotta go with the indies for now, they will turn again ...

EUR/USD: IntraDay Scalping and Short Term Swing Trading Only