Forexmospherian
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rebought at 80, will close if we do not see 85/87
30 min rule on last high at 130 97/8 at 7 00 am went over 30 + mins with no breach
that favoured more sells under 86
rebought at 80, will close if we do not see 85/87
yes 85 was my cutoff. it tried 84 three times but failed as yet to break. also 30 on hi and lo now so a 20pip range and low liq. time to eat
Good Morning to all FX Intraday Traders.
So far a busy first week of the month and again today more red news releases again on the UK Pound - Euro and the US Dollar.
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The GU fell under 5000 down to 4900 yesterday and so far after 6 00 am as been a scalp buy above 4920/22. More red news on the Pound at 9 30 am.
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Have a good day
Regards
F
7 04 am
EA scalp sell started 6 57/8 am and so far its dropped back 15 pips into the support area - shown on my earlier chart
Cant join you today as out on a trip. Got this entry last night
GU
7 33 am
Its peaked so far on it buy at 4940 and the 7 10 am bar / candle - along with the time and LR's said - SELL
Since then 20+ min later its dropped 12 /13 pips and now at a crucial interim support area
We need under 4920 to stay with sells - and personally I had wanted to scalp buy again over 25
Really all depends on strength of interim supports from 4920 to 25
Dont forget Pound red news at 9 30 am as well - so expect a lot of movements on this pair etc over the morning
morning mm
been some nice action again last 2 hrs - but also over night 👍
Ej as been a sell this morning after 7 00 am and after 7 39 am again - based on time rules on interim high as well
7 51 am was a nice scalp buy bounce if you are having scalping practice
have good day - but sure you will
regards
f
GU
8 02 am
23 was the last low and 25 was a scalp buy with a move up to 35/36 over last 10 mins or so
We need over 4945 and 50 to stay with buys though - so if no joy - maybe another pullback and sell again
Have you looked at EU...is 552 target is reasonable? Its the last day low.