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[Forexmospherian]

GBP / JPY - Over the EO - remember Pound news morning

GJ

1 min LR chart

3 KT'S showed on it with the main one being the sell at 7 00 am - similar to GU and GA

Exit 70% at 7 21 am in case a 15 pip retrace

No need its kept falling anyway

 

[NVP]

here we go

 

[NVP]

back later .have a good day all

 

[Forexmospherian]

here we go

Will keep an eye on EU and UChf now then - for me still in ranges atm as at 7 47 am

 

[Forexmospherian]

Be ready for spikes and more new scalp opportunities at 8 00 am LO

 

[Forexmospherian]

GJ

7 51 am

So far been best pair for me - easier and better than the EA so far this morning

 

[Forexmospherian]

Will keep an eye on EU and UChf now then - for me still in ranges atm as at 7 47 am

7 51 and 53 - ranges being tested on EU and UChf now N

 

[Forexmospherian]

EJ

7 58 am

Next best pair to GJ this morning - carried on falling since EO and 7 00 am

Now dropped 30 pips with 2 pullbacks both under approx 10 pips

Will LO change things now ?

 

[Forexmospherian]

8 03 am

LO and 8 00 am saw scalp buys on all Pound crosses for now

 

[Forexmospherian]

8 05 am

EU and Uchf both still in their ranges atm - no B/O yet

Back in 10 mins

 

[Forexmospherian]

8 19 am

Yen crosses - EJ / GJ

Both pullbacks at 8 00 LO were under 10 pips and then both pairs have since dropped again

From the 7 00 am EO - EJ now dropped over 45 pips and GJ nearly 60 pips in total - over 100 pips in total

No - not got them all - but now made over my daily pip target

 

[Forexmospherian]

EA

6 57 am

This pair is now in a tight range of approx 50 pips - ie 5247 - 5297

Thats also in its LiT's area.

Be ready for any spikes etc or new scalps at 7 00 am next

GJ

7 51 am

So far been best pair for me - easier and better than the EA so far this morning

EA

It did not break under 5247 until after 8 00 am

Now 23 mins later its down to 5230 - so a 16 pip scalp sell if you sold as it breachd the range

Bounces staying under 5250 are sells again for now

 

[Forexmospherian]

EU

8 28 AM

Still not under 1050 and 48 - but I have scalp sold again now after 8 23 am and waiting to see if it carries on down from 56

 

[Forexmospherian]

EU

8 28 AM

Still not under 1050 and 48 - but I have scalp sold again now after 8 23 am and waiting to see if it carries on down from 56

8 31 am

makes 1048 and then bounce at half hr change

Left 30% on sell with stop at 58

What ever happens - the 70% gain off sell covers the 30% left on

 

[Forexmospherian]

I dont know why I bother with the EU - its manipulated in ranges all the while - mainly do to it being the most heavily traded FX pair

When you have pairs like the EJ / EA / GJ / GA - OK all can be beasts - but when you catch the right - they are brilliant

 

[Forexmospherian]

9 12 am

UK Pound NEWS in approx 15 mins

Will update on pound crosses before news next

 

[Forexmospherian]

GU / GA / GJ

9 16 am

I am have been scalp selling all 3 at various stages since after the EO at 7 00 am

the GU as been stuck in a range of less than 30 pips

the GJ as been best mover with a 60 pip fall from EO

the GA - similar to GJ and in fact nearly 70 pip fall from earlier on - but I found the GJ easier

The red Pound news is supposed to be an average forecast - neither really good or really bad

We may well see 2 ways spikes before a proper move

After 9 45 am - out for a couple of hours and back later on then for more trading this afternoon

 

[Forexmospherian]

9 28 am

All 3 pairs have been falling last 5 mins pre news at 9 30 am

I am leaving 30% stakes on the GJ sell - as I can put stop in profit and its still 40 pips away from present price

Will exit GU and GA sells completely

 

[Forexmospherian]

9 32

Moved GJ stop in profit down to 184 72 now

If that 30% get stopped out - no problem its still got nearly 50 pips off profit in it from early scalp sell

 

[Forexmospherian]

9 38 am

EU

so far low at 1036

after 9 30 am its gone to scalp buy from 1039

Easy to spot and take when you have a 1 min LR chart set up

I would need to see over 1055 and 60 to stay with scalp buys - otherwise - take what you can

If later we go back under 1040 and 30 - then i would look at more scalp sells