Intraday Live short term trading calls from an Expert Retail Forex Trader

[Forexmospherian]

10 24 am

GU

now down to 6618 area - after 23 let go

Supports at 6610 and 15 ish - will be looking to see if I can scalp buy in this TW - and if not - then after 11 00 am

 

[Forexmospherian]

Last 10 -12 mins EJ as tried to come out of it awful PA move and stay scalp bullish

In that time only moved about 6 pips - so still no real interest in it for now

That comment was 30 mins ago - just before 10 00 am

By end of TW at 10 09 am and price at 88/9 - my LRs just said buy buy buy.

So i dipped my foot in - and now at 10 28 am we have just made 137 01 - and I am down to 30% stake which I will keep on above 91

 

[Forexmospherian]

GU

Interim low at start of TW at 10 21 am - at 6616/7

Have not scalp bought yet - so missed out on 5+ pips - but will be trying to on pullbacks that stay above 17.

If not under 15 would then look at above 6610 for a scalp buy

 

[Forexmospherian]

10 53 am

GU - its a scalp sell under 25 - but for me still a possible scalp buy above 17

We would then need above 27 and 30 to hold scalp buys on - and if we do not stay above 17 and fall under 15 - then look at another scalp buy around the 6610 area

EU and EJ

Stil in 30% scalp buy on EJ - but only just and EU - wanted to scalp sell under 46 hrs ago - but even with price now at 38 - still not in a sell

 

[Forexmospherian]

11 06 am

Still a few mins left in hr TW - but other than pulling EJ scalp buy 30% stake - nothing really happening atm

EU - above 3128 is still a scalp buy - but under 46 a scalp sell -so 18 pip BTTZ to just scalp in

EJ - need over 137 05 to hold scalp buys on - but under 93 and 90 for scalp sells

Must check some other pairs - see what i might be missing

 

[Forexmospherian]

GJ - a pound cross still trying up and only 1 or 2 pips under its previous high - pre news

Above 173 20 still scalp bullish - but we now need over 36 and 40 to hold any buys on longer

 

[Forexmospherian]

Swissy

For me under 9191 - still in scalp bear mode - but needs under present morning low of 77 to hold or take more scalp sells

78 to 82 is all interim support area with price currently at 84/5

 

[Forexmospherian]

AU and EA

AU still session bullish above 9335 with high so far at 9352

Under 41 and 38 you could scalp sell to the 33/35 support area - but above 47 and 49 stay with scalp buys

 

[Forexmospherian]

11 33 am

Fairly dead for now with many BTTZ areas - meaning only small scalps until we see breaks of levels

Will check again next hr

 

[Forexmospherian]

12 00 - Midday

GU - we stayed under the scalp sell area of 6625 - - the scalp buy price at 17 was only worth 2-3 pips - so waste of time and then we dropped under 6615 and I am therefore seeing 6610 /12 as next scalp buy area

For any turn from 6610 /2 - we would then need to see over 21 and 27.

If we fall under 6610 then next supports at 6598 to 6603

 

[Forexmospherian]

GU first attempt at a turn from 6612 only made 19 and we needed a minimum 21+ and ideally 27 to hold any scalp buy on

6610 /12 is both dynamic and static support area and so I would only hold any scalp sell on if we see under say 6608 - and then we have the supports again at 6598 to 6603

 

[Forexmospherian]

EU at 12 26pm

its in a BTTZ range trying to get you in a wrong direction ;-)

We need under 3126 and 22 to be taking and holding scalp sells - and above 3139 and 44 to be doing the same with scalp buys

In between 27 and 40 - 13 pips - all you can do is just scalp for small pips until one area is breeched

 

[Forexmospherian]

1 17 pm

GU - now made 6621 from 6612 scalp buy area

Low as lasted over 30 mins as well

6614/16 is now support above low of 6611/12 so we can scalp buy above there are small pullbacks

Next hurdle above 21 is 27 and i we did drop under 14 and then 12 - be back in scalp sells

 

[Forexmospherian]

1 34 pm

Swissy - got stopped out of my 30% stake sells with just a 3 pip profit after being up over 12 pips - shame - but had not kept an eye on it and now its made past my original sell point at 9191

Above 86/7 on pullbacks - still scalp bullish for now and would need back under 83 and 80 to take any more or hold any scalp sells

 

[Forexmospherian]

Swissy - got R's at 9200 and then 9220/25

With the Swissy trying up then you would expect the EU to fall again - but for me until under 3130 - i am not holding any scalp sell

I need above 38 and 43 to be scalp buying and in between its all BTTZ

 

[Forexmospherian]

AU and EA

AU still session bullish above 9335 with high so far at 9352

Under 41 and 38 you could scalp sell to the 33/35 support area - but above 47 and 49 stay with scalp buys

AU comment from over 2 hrs ago

Price fell under 9341 and in last 10 mins under 38

Its a scalp sell whilst staying under 40 on pullbacks - but still have more interim supports at 33/35 area - that could be used for another scalp buy

 

[Forexmospherian]

With the US and Canada off on Bank Holidays today - I am not expecting a busy 2 00 pm to 5 00 pm Monday afternoon

Will still check most 30 mins etc

So far the GU as been my scalping pair of the day - in fact I have now made over 50 pips just on this single pair - but 14 pips have only been on 30% stakes size.

The EU / EJ etc have been fairly boring - whether that might change next few hrs remains a mystery for now

 

[Forexmospherian]

2 07 pm

GU

Its looks as though for any scalp sells to be any good we would need under 6619 and 6610

Above both - then GU still a scalp buy needing above 32 and then 45 for a go to a new high

 

[MajorMagnuM]

7 35 am

So far my trade of the morning - GU now at 6623 and I am still on 100% stake atm -as it did not drop under 6608 on the way up - thats where I would have taken 70% profit off,

Now will drop to 30% only under 6618 and would only hold that on whilst we stay above 14

this is educational

 

[MajorMagnuM]

bought gu but not hopin for much with current range