EUR/USD: IntraDay Scalping and Short Term Swing Trading Only | Page 2 | Forex Factory

Options

Go to
Permalinks
Print Thread

Related Instruments

EUR/USD

Similar Threads

Trading Swing by Swing 39 replies

ToS indicators for day trading, scalping, and swing trading 0 replies

Long Term vs Short term (scalping) discussion 7 replies

Short term trading/scalping 24 replies

Short Term / Medium Term / Long Term? 3 replies

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

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

  • #21
  • Oct 6, 2015 2:07am Oct 6, 2015 2:07am
8.06 long 11999 on rebound after dip, 10pt stop
  • #22
  • Oct 6, 2015 2:11am Oct 6, 2015 2:11am
Quoting marcmarc
8.06 long 11999 on rebound after dip, 10pt stop
that dip was just diabolical took me out of the long and then just went without me. try another long here. If it drops here or doesn't pop 1.12, they are really whipsawing it this morning.
  • #23
  • Oct 6, 2015 2:12am Oct 6, 2015 2:12am
8.13 stop to BE
  • #24
  • Oct 6, 2015 2:16am Oct 6, 2015 2:16am
Quoting marcmarc
8.06 long 11999 on rebound after dip, 10pt stop
isnt going long on the top of the day risky? we still didnt break 1.12 yet..
Dont trade like me..
  • #25
  • Oct 6, 2015 2:18am Oct 6, 2015 2:18am
8.17 Closed 12004 for +5pts as perhaps stalling here
  • #26
  • Oct 6, 2015 2:19am Oct 6, 2015 2:19am
Quoting sanvulture
{quote} isnt going long on the top of the day risky? we still didnt break 1.12 yet..
Hi,

Yes, very possibly. However, I like to take the trade before the extreme is reached so I have some headroom to scratch the trade if it doesn't break through. Your point is valid, though
  • #27
  • Oct 6, 2015 2:22am Oct 6, 2015 2:22am
Quoting sanvulture
{quote} isnt going long on the top of the day risky? we still didnt break 1.12 yet..
we have broken 1.12, scalpers look for probable points of follow through at probable SR areas. he was looking for the first definite morning push with a fairly tight stop that has now been moved to BE at around 1.12 we're bid at above 03 now so he's in the paint. Most likely he will ride this for 15 to 30 and reverse at those R1 and R2 points.

it all sounds pretty straightforward and easy, but it is very difficult to do and takes years of practice and patience and trial and error to do manual scalping, it's like going out and hunting your own game for dinner every night. The animal moves fast and bites, but you get to eat every day if you are good, if not, you get eaten (like I am today).
  • #28
  • Oct 6, 2015 2:26am Oct 6, 2015 2:26am
Quoting marcmarc
{quote} However, I like to take the trade before the extreme is reached so I have some headroom to scratch the trade if it doesn't break through.
That is a gem, that I've not heard anyone use before. Worth trying live.
  • #29
  • Oct 6, 2015 2:29am Oct 6, 2015 2:29am
My target of 1.1222 still holds for me, but I wish I was still holding at 822 instead of cutting loose at 84 and buying back in at 990...over 15 pips of equity lost because I allowed myself to get faked out.
  • #30
  • Oct 6, 2015 2:29am Oct 6, 2015 2:29am
Quoting marcmarc
{quote} Hi, Yes, very possibly. However, I like to take the trade before the extreme is reached so I have some headroom to scratch the trade if it doesn't break through. Your point is valid, though
Quoting Pipologist
{quote} we have broken 1.12, scalpers look for probable points of follow through at probable SR areas. he was looking for the first definite morning push with a fairly tight stop that has now been moved to BE at around 1.12 we're bid at above 03 now so he's in the paint. Most likely he will ride this for 15 to 30 and reverse at those R1 and R2 points. it all sounds pretty straightforward and easy, but it is very difficult to do and takes years of practice and patience and trial and error to do manual scalping, it's like going out and hunting your...
Thanks for the replies.. i understand now.. i kinda forgot that we're talking about scalping here.. every pip counts.. my bad..
Dont trade like me..
  • #31
  • Oct 6, 2015 2:32am Oct 6, 2015 2:32am
8.31 Market makes 11213 bid. As usual I was too cautious/scared but I'm happier that way than suffering a reversal.
Will watch now to see if further progress or if this is a false move prior to a big reversal
  • #32
  • Oct 6, 2015 2:37am Oct 6, 2015 2:37am
Quoting Pipologist
{quote} OK. BTW welcome, and your posts are appreciated and insightful. Knowing what other scalpers are thinking and doing, I think helps all scalpers in general especially if we can get info close to real time, I liken it to an online floor pit, although many, most of us can't see order flow, we can see, anticipate and react with others who are doing what we are doing too.
i agree, i am new on here, but i love that you started this, was told on the EUR/USD Thread. Thanks again i am learning a lot from you and everyone's analysis and insights. and hope soon i can bring something to the table as well, im getting pretty good at R/s entrys and the trendlines and using different indicators, candle formations. i agree its great to work together to help benefit everyone as a whole, its great to read others analysis to check yours and get a better understanding.
  • #33
  • Oct 6, 2015 2:39am Oct 6, 2015 2:39am
Quoting Pipologist
{quote} That is a gem, that I've not heard anyone use before. Worth trying live.
To explain, if a market bounces off a prior low and then challenges a prior high (or vice-versa) then it is pretty likely to break the old high, even if a false break. By taking the trade a little before the high you have some room to scratch the trade if the break is false. Of course, you risk it never getting to the old high and you look a little silly when it reverses sharply. But then, that's what the stop loss is for.
  • #34
  • Oct 6, 2015 2:42am Oct 6, 2015 2:42am
8.41 long 11215 looking for a break of 11220 on strong move up, 10pt stop
  • #35
  • Oct 6, 2015 2:44am Oct 6, 2015 2:44am
I have resistance points plotted at 09 17 24 and 31 +/- a few ticks each yesterday and today it seems to be pivoting at the minor points, but upper projected OR was 02 and plus 30 (2 zones) doesn't seem out of the question now, we'll see if it fakes at 17 or 24. Thing is, seems like there was a lot of loading up at 72 to 76 so it seems they would take at least 60p before thinking of getting out or reversing. Today's low was 713 so I'm thinking 1.1275 might be the range high for them today or a reversal at 31 to 45 and a bring down back to OR. Either way we just hit the 1.1217 level.
  • #36
  • Oct 6, 2015 2:55am Oct 6, 2015 2:55am
8.54 Closed at 11218 for +3 on possible stalling. Net +8 so far, good enough for me and time for a coffee break. Good luck to you all
  • #37
  • Oct 6, 2015 3:00am Oct 6, 2015 3:00am
Quoting marcmarc
8.54 Closed at 11218 for +3 on possible stalling. Net +8 so far, good enough for me and time for a coffee break. Good luck to you all
hey thanks nice trading... enjoy the rest of the day.
  • #38
  • Oct 6, 2015 3:02am Oct 6, 2015 3:02am
Quoting WB370vq37Tdr
{quote} i agree, i am new on here, but i love that you started this, was told on the EUR/USD Thread. Thanks again i am learning a lot from you and everyone's analysis and insights. and hope soon i can bring something to the table as well, im getting pretty good at R/s entrys and the trendlines and using different indicators, candle formations. i agree its great to work together to help benefit everyone as a whole, its great to read others analysis to check yours and get a better understanding.
Welcome, I think you'll find that a lot of scalpers use S/R entries and exits and indies to support their timing. Hope what is started here is of some positive benefit to you.
  • #39
  • Edited 3:42am Oct 6, 2015 3:12am | Edited 3:42am
moved my BE stop up to 06 re-entry was at 99 so plus 7 locked in, which still puts me at minus 15.6 for the day if I get stopped. Still looking at around 12.31 for this trade...

will be offline for rest of day...have some mt4 coding I want/need to try

back...stopped out .... reversed to short..... looks like the 1.1219 top might be in play, may be headed back towards 1.1187 see if they hold 1.12 up...I'm short from 1.12064 less than 10 pip stop...still down 15.6pips today...

I may be premature to target but...60p from OR lows is about 1.1115 which makes for a 100p range.
  • #40
  • Oct 6, 2015 4:00am Oct 6, 2015 4:00am
BTW, whats OR?

thx in advance..
Dont trade like me..
1 trader viewing now