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intraday sr & momentum trading/scalping

  • #1
  • First Post: Jul 2, 2019 4:51am Jul 2, 2019 4:51am
hi, i've made a few posts in the s&p500 thread, that's what i trade during the ny session. i also do trade some spot fx instruments, and thought i'd share my trades with you instead of scattering them all over the forum.

i do trade sr / sd levels, whatever you may call them. they're all larger swing point based.
having developed a momentum framework is what turned my trading somewhat profitable, so i'm happy to share that.

no particular order to be expected in this thread. mostly spot fx trades around the london session, and futures in ny.

feel free to join the discussion, but prove ur live trades if u do.

lets go
s
  • #2
  • Jul 2, 2019 5:01am Jul 2, 2019 5:01am
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gbpjpy scalps, shorts nurturing off the htf down trend, longs on lower time frame offset momentum trading towards their first ltf spots to find liquidity.

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  • #3
  • Jul 2, 2019 5:17am Jul 2, 2019 5:17am
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es traded towards 63 yesterday to find liquidity below, after offsetting the move up to new all time highs, and manifesting h1 momentum down. doesn't mean it will instantly trade towards last week low around 14s. h4 will need to offset a little more possibly. once serious momentum manifests h4 to the downside, i'd expect a move towards 14s. this would probably be a volatile move. should present scalps then.

not getting involved w the upside atm, but may, if it drops nicely below yesteday's lows..

s
  • #4
  • Jul 2, 2019 5:31am Jul 2, 2019 5:31am
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cl is in a htf retracement up. offset momentum at the highs yesterday, and started dropping. if this drops further in the pit session and manifests momentum on h1/h2, i'd say the h4 liquidity at 57.75 is what it'll trade towards. either way, should yield short opportunities on down momentum. like it did on london open for a ca 50 tick drop.

as for longs, id wait for it either to offset the recent down momentum more, and then rip up heavy h1/h2 by nurturing off the htf retracement momentum, or just sit it out.

good luck everyone
s
  • #5
  • Jul 2, 2019 7:26am Jul 2, 2019 7:26am
Quoting steep89
{image} cl is in a htf retracement up. offset momentum at the highs yesterday, and started dropping. if this drops further in the pit session and manifests momentum on h1/h2, i'd say the h4 liquidity at 57.75 is what it'll trade towards. either way, should yield short opportunities on down momentum. like it did on london open for a ca 50 tick drop. as for longs, id wait for it either to offset the recent down momentum more, and then rip up heavy h1/h2 by nurturing off the htf retracement momentum, or just sit it out. good luck everyone s

bingo..

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trading into todays lows, towards 57.75. should yield more opportunities in the pit session, if it stalls + drops ltf but maintains the momentum htf.
if it rips the story changes, but it would need to offset this recent drop first.
  • #6
  • Jul 2, 2019 7:45am Jul 2, 2019 7:45am
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tough luck. i was expecting a rotation back below 136.65s, and possibly a test of today's lows (swings) IF the ltf momentum upholds, which seems alright for now
  • #7
  • Last Post: Jul 2, 2019 9:13am Jul 2, 2019 9:13am
Quoting steep89
{quote} bingo.. {image} trading into todays lows, towards 57.75. should yield more opportunities in the pit session, if it stalls + drops ltf but maintains the momentum htf. if it rips the story changes, but it would need to offset this recent drop first.
bingo again lol

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the move toward 57.75

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