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Intraday swing trading

Wow William!
Amazing trades!!
Why not show it live when you take it though?
Takes 1 minute to write, Just sold Euraud, so its no hindsight trading, which 99% of people here do xD
  • Post #22
  • Quote
  • Edited 7:48am Mar 15, 2023 7:25am | Edited 7:48am
Quoting dinpappa
Wow William! Amazing trades!! Why not show it live when you take it though? Takes 1 minute to write, Just sold Euraud, so its no hindsight trading, which 99% of people here do xD
I post the EA trade as example of intraday swing trade to someone I communicate in pm, not for prove to you.
Take 15 to 30mins to execute entry, then go for a swim or meet up with friends.

This is a discussion thread, not a interactive thread.

For GU I showed the m15 adr chart with detail charts too, and wrote what I expect to happen. And it did exactly that. But I did not trade it.
Quoting BWilliam
For GU today, given the lack of volatility yesterday, it's likely banks may push price below dol and blue support level.
Cheers
Trade the value
Quoting BWilliam
{quote} I post the EA trade as example of intraday swing trade to someone I communicate in pm, not for prove to you. Take 15 to 30mins to execute entry, then go for a swim or meet up with friends. This is a discussion thread, not a interactive thread. For GU I showed the m15 adr chart with detail charts too, and wrote what I expect to happen. And it did exactly that. But I did not trade it. {quote} Cheers
Okey, why did you not think GU would bounce at the support though?
It was a nice euraud trade, indeed, both AUD and EUR was moving down so the biggest down move would be EURAUD
Quoting dinpappa
{quote} Okey, why did you not think GU would bounce at the support though? It was a nice euraud trade, indeed, both AUD and EUR was moving down so the biggest down move would be EURAUD
Nope, no chance to bounce at support then fly up adr high. Not a good proposition.
Anyway as the day unfolds we can see clearly price fell below support and the entry is at the pullback h1 candle. Cheers
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Trade the value
I have posted my style of intraday swing trading. Now I take a backseat from posting, let others post their thoughts about this topic. Cheers
Trade the value
Quoting BWilliam
{quote} Nope, no chance to bounce at support then fly up adr high. Not a good proposition. Anyway as the day unfolds we can see clearly price fell below support and the entry is at the pullback h1 candle. Cheers {image}
Why was it no chance that it would not just make a pullback and continue higher, like yesterday?
Quoting dinpappa
{quote} Why was it no chance that it would not just make a pullback and continue higher, like yesterday?
3 reasons.

1. If you read my earlier posts about GU, the bank target is 1.21900 which it passed a little. Objective confirmed done.
https://www.forexfactory.com/thread/...0#post14357870
2. If banks intend to take price higher they would have done that yesterday's market. They didn't.
3. Support is right above dol, muted response in early Asia market.
Trade the value
Quoting dinpappa
{quote} Why was it no chance that it would not just make a pullback and continue higher, like yesterday?
Actually, I think, you could have seen it coming because you price made a number of lower highs.
Quoting BWilliam
{quote} 3 reasons. 1. If you read my earlier posts about GU, the bank target is 1.21900 which it passed a little. Objective confirmed done. https://www.forexfactory.com/thread/...0#post14357870 2. If banks intend to take price higher they would have done that yesterday's market. They didn't. 3. Support is right above dol, muted response in early Asia market.
Interesting.
Why was the bank target 1.21900? Do you have a friend working at the bank telling you the secret information?
Quoting dinpappa
{quote} Interesting. Why was the bank target 1.21900? Do you have a friend working at the bank telling you the secret information?
That's insider talk that can get people into trouble. Cheers
Trade the value
Quoting BWilliam
{quote} 3 reasons. 1. If you read my earlier posts about GU, the bank target is 1.21900 which it passed a little. Objective confirmed done. https://www.forexfactory.com/thread/...0#post14357870 2. If banks intend to take price higher they would have done that yesterday's market. They didn't. 3. Support is right above dol, muted response in early Asia market.
Does the Market have a Memory?

The market contains gaps that remained unfilled for up to 15 years, one should consider the Bankers damage it creates onto the frabic of a market.
The current price was trapped around 1.2156 created in September 2019.

Which way will it travel?

Down to the gap created last Month or back to the gap created in September 2019
Last time at the September 2019 Vacuum point, price hit the Gap 75 Times


PS. What the hell are those lines doing on my chart from a self confessed line hater
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Trading thin liquidity at the boundary of the charts
Quoting BWilliam
{quote} That's insider talk that can get people into trouble. Cheers
Just a question, will you post live trades, when you take them?
Quoting dinpappa
{quote} Just a question, will you post live trades, when you take them?
No live trades, it's too much pressure once there's this condition of trading in public eyes. I normally don't even show my trades. I can post what I see at Frankie open and perhaps write what I expect to happen thereon. I have to be fully focused and concentrate in live trading. Remember, it's that small window for me to decide and then execute entry at cheapest price. Cheers
Trade the value
I'll give a live call

GBPUSD down to 1.202600 or 5 pips out
Vacuum point from February 2023
Trading thin liquidity at the boundary of the charts
Quoting RickM
{quote} Does the Market have a Memory? The market contains gaps that remained unfilled for up to 15 years, one should consider the Bankers damage it creates onto the frabic of a market. The current price was trapped around 1.2156 created in September 2019. Which way will it travel? Down to the gap created last Month or back to the gap created in September 2019 Last time at the September 2019 Vacuum point, price hit the Gap 75 Times PS. What the hell are those lines doing on my chart from a self confessed line hater {image}
Took a look at h1 chart with awr. Price bounced off week support. Cheers.
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Trade the value
Quoting BWilliam
{quote} Took a look at h1 chart with awr. Price bounced off week support. Cheers. {image}
Its a great thread when we can share ideas, give our opinions about the markets in an entertaining way without harsh judgement.

So

BW I see your point, you may be correct.

But I just see the Bankers have already labelled price rejection and its going down further ........ its doing some uptown shopping for some downtown business.

BUT WE ARE TREND FOLLOWERS

Therefore we make a call and be upfront and make it public.
THEN WE GET OUT QUICK IF WE ARE WRONG

We stay in if we are right

WE ARE TREND FOLLOWERS REMEMBER

PS.. I am not suggesting live calls here, just that a trend trader should never fear making a losing call as the one big win makes up for many bad calls.
Trading thin liquidity at the boundary of the charts
Quoting BWilliam
Sold EA instead of EU for larger pips. On the same principle I wrote above. Set the tp at yesterday's adr low(closed it manually). Buy at support sell at resistance. Yes it's possible to trade intraday swing trades safely for minimum 50pips. I have nothing more to add about intraday swing trading aside what's written above. Cheers {image}
Entry on yesterday's DOL?
So far my GBPUSD call is up 21 pips with a profit target of 51.5 pips. Stop set to Break Even.
MY GOD ------ Now I sound like BW
Trading thin liquidity at the boundary of the charts
  • Post #39
  • Quote
  • Edited 9:26pm Mar 15, 2023 11:05am | Edited 9:26pm
Another entry executed, stop set to be. Let the trade take care of itself.

I show this trade closer to live, traders tend to miss this opportunity at the pullback.
You can take partial half profit as scalp and leave the rest to run to profit target. Cheers

Edit - stop out at be.
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Trade the value
Quoting Karlorenz14
{quote} Entry on yesterday's DOL?
Hi, entry at the top of support. Cheers
Trade the value
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