EUR/USD: IntraDay Scalping and Short Term Swing Trading Only | Page 48 | 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

  • #941
  • Oct 20, 2015 4:56am Oct 20, 2015 4:56am
Quoting KzX
I was expecting quicker and bigger pullback. Closing.
Closed -1 too. Will wait to see after US open how it reacts. Missed the long earlier today due to erratic LO action so not much to do.
  • #942
  • Oct 20, 2015 5:06am Oct 20, 2015 5:06am
Quoting sakisf
{quote} Closed -1 too. Will wait to see after US open how it reacts. Missed the long earlier today due to erratic LO action so not much to do.
Now, since we're out, they will probably fall like a rock, eheh.
It was a good entry tho but I expect a reaction after specific time period, if there's none, I'm out.
  • #943
  • Oct 20, 2015 5:06am Oct 20, 2015 5:06am
25 mins to news
Could take this back down ???
  • #944
  • Oct 20, 2015 5:14am Oct 20, 2015 5:14am
Quoting KzX
{quote} Now, since we're out, they will probably fall like a rock, eheh. It was a good entry tho but I expect a reaction after specific time period, if there's none, I'm out.

No such regrets Actually watching now the indices, maybe it's time for it to rocket again without significant pullback.

Quoting Pokerkid7174
25 mins to news Could take this back down ???
Don't think the news are so important for 50p movement. Unless it is bound to happen anyway.
  • #945
  • Oct 20, 2015 5:16am Oct 20, 2015 5:16am
Trying a short here at 72. Target is 42. SL is at 89.
  • #946
  • Oct 20, 2015 5:19am Oct 20, 2015 5:19am
Quoting Pipologist
Trying a short here at 72. Target is 42. SL is at 89.
Took the other side at 73 with close sl 68. Stopped.
  • #947
  • Oct 20, 2015 5:21am Oct 20, 2015 5:21am
Quoting sakisf
{quote} Took the other side at 73 with close sl 68.
My target is 42 but if we touch and bounce from 55 I'm jumping out.
  • #948
  • Oct 20, 2015 5:24am Oct 20, 2015 5:24am
Quoting Pipologist
{quote} My target is 42 but if we touch and bounce from 55 I'm jumping out.
One more at 69 with sl 65 (moved to 64). Sometime it will just stop Got my a** and losses covered with a dax short anyway, just waiting for EU to make the turn too. Stopped and closed dax at 136. Need new plan now...
Attached Image
  • #949
  • Oct 20, 2015 5:31am Oct 20, 2015 5:31am
Quoting Pipologist
{quote} My target is 42 but if we touch and bounce from 55 I'm jumping out.
The nearest support level I have is 55 on 1mn and 56 on hourly. But if this 1mn pin closes above 70, I'm taking a BE and out. 5mn support just moved up to 52. So 54 is probably a good jumping off point for me if it reaches.

Out at BE and reversed long at 72 , got MTF hammers galore.
  • #950
  • Oct 20, 2015 5:35am Oct 20, 2015 5:35am
Quoting Pipologist
{quote} The nearest support level I have is 55 on 1mn and 56 on hourly. But if this 1mn pin closes above 70, I'm taking a BE and out. 5mn support just moved up to 52. So 54 is probably a good jumping off point for me if it reaches.
Missed that new long, which in hindsight was a good thing :/ Placed a dax short again at 141.
  • #951
  • Oct 20, 2015 5:44am Oct 20, 2015 5:44am
Quoting Pipologist
{quote} My target is 42 but if we touch and bounce from 55 I'm jumping out.

Weekly pivot is at 1358. So this hour will prob close below it, then go up again
Forex, awful to watch, AWESOME to play
  • #952
  • Oct 20, 2015 5:45am Oct 20, 2015 5:45am
Quoting Pipologist
{quote} The nearest support level I have is 55 on 1mn and 56 on hourly. But if this 1mn pin closes above 70, I'm taking a BE and out. 5mn support just moved up to 52. So 54 is probably a good jumping off point for me if it reaches. Out at BE and reversed long at 72 , got MTF hammers galore.
Man, if that hits my original target at 54, that will make me 2 for 2 on original entries and targets hit, and 2 for 2 on bailing out on good trades to reverse and whip myself, I feel like a self inflicting masochist. Really, I have to make an absolute rule, once in a trade, it gets stopped per the original SL and TP with absolutely no order modifications.
  • #953
  • Oct 20, 2015 5:45am Oct 20, 2015 5:45am
Bought the knife at 58, sl 54.

usd index failed at the mid, but there could be still a quick reversal up for 38.2.
Attached Images
  • #954
  • Oct 20, 2015 5:51am Oct 20, 2015 5:51am
Quoting sakisf
Bought the knife at 58, sl 54. {image}
Nice, on the weekly pivot.
Remember, that they push the hour to close below or above a pivot. So your entry on the pivot can be correct. However, try and wait till the end of an hour. IF you think it is going to boucnce at a point, see the hour that you are in, that reaction, then wait for the next hour to confirm by for example bouncing there again. Then you would buy at the new hours open.
Or say this hour closes just below daily R1 from a strong boucnce of weekly pivot, then you buy at break of R1 as we are daily uptrend.

Just some food for thought
Forex, awful to watch, AWESOME to play
  • #955
  • Oct 20, 2015 5:54am Oct 20, 2015 5:54am
Quoting Feo
{quote} Nice, on the weekly pivot. Remember, that they push the hour to close below or above a pivot. So your entry on the pivot can be correct. However, try and wait till the end of an hour. IF you think it is going to boucnce at a point, see the hour that you are in, that reaction, then wait for the next hour to confirm by for example bouncing there again. Then you would buy at the new hours open. Or say this hour closes just below daily R1 from a strong boucnce of weekly pivot, then you buy at break of R1 as we are daily uptrend. Just some food...
I don't have pivots on my chart so kinda blind there. Can't find one that works efficient with the gmt+2 that my broker is in, even those shifting don't give the same results as what I find on the net calculators. So far again covering the sl with the dax short. If one goes the other stops manually.
Attached Image
  • #956
  • Oct 20, 2015 5:56am Oct 20, 2015 5:56am
Quoting sakisf
{quote} I don't have pivots on my chart so kinda blind there. Can't find one that works efficient with the gmt+2 that my broker is in, even those shifting don't give the same results as what I find on the net calculators.
I got the same problem, my pivots are messed up only on Mondays.
I don't use them anyway.
  • #957
  • Edited 6:19am Oct 20, 2015 5:58am | Edited 6:19am
sl hunt or accumulation? Closed half dax and sl be, sl be now for EU, let's see how it ends. Lucky so far, need it to move above red circle to breathe... Added sp (2023>1990) & dj (17100>16860) shorts to dax, looking for runners till ecb. eur is annoying.
Attached Images
  • #958
  • Oct 20, 2015 6:11am Oct 20, 2015 6:11am
Ok guys, on Monday Mornings I will post the weekly pivots. The are different to those given on websites, or that the pivot indicators draw on your charts.
I use IG Index in UK as broker, and they give pivot on their charts.
Now what I use for weekly pivots, are the pivots drawn on Sunday. Seeing that it is the first day of the week, those pivots work.

Ok here are this weeks pivots.
R3 1.4445
R2 1.1419
R1 1.1383
PIVOT 1.1358
S1 1.1322
S2 1.1397
S3 1.1261
Forex, awful to watch, AWESOME to play
  • #959
  • Oct 20, 2015 6:14am Oct 20, 2015 6:14am
Quoting Feo
Ok guys, on Monday Mornings I will post the weekly pivots. The are different to those given on websites, or that the pivot indicators draw on your charts. I use IG Index in UK as broker, and they give pivot on their charts. Now what I use for weekly pivots, are the pivots drawn on Sunday. Seeing that it is the first day of the week, those pivots work. Ok here are this weeks pivots. R3 1.4445 R2 1.1419 R1 1.1383 PIVOT 1.1358 S1 1.1322 S2 1.1397 S3 1.1261
  • #960
  • Oct 20, 2015 6:32am Oct 20, 2015 6:32am
Closed long for +2 and reopened now at 61, sl 56. Everything else was closed at be at this new 30m spike up in equities. Only sp reopened at 2022 out of them.
6 traders viewing now