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

[Forexmospherian]

UChf / Swissy

Noticed its above 9200 - with a new high at 9207

Needs under 9199 and 95 to be taking or holding any scalp sells on - but you expect the big number - 9200 to act as a R area - whilst the EU as support at 3117 /3120.

I can only scalp both pairs for 1- 5 pips atm - need to see proper breaks to take or leave on 30% stake moves for now

 

[Forexmospherian]

7 24 am

For now AU / EA and EJ easier to scalp then EU / Swissy and GU

Au just dropped to another low at 9284 - but as we know 9270/80 all support levels

 

[Forexmospherian]

EA - moved up 14 pips from start of 7 00 am TW - so that's been the best scalp buy so far - with price at 4134 for this half hr TW

 

[be-positive]

morning ------- could this be EU heading north from 25 area

 

[Forexmospherian]

7 36 am

All happening last 4 mins ;-) - well scalp wise - 5 pips off EJ scalp buy and EU and Swissy teasing more in their directions

Very unusual hr so far - bitty with no real nice moves yet

 

[Forexmospherian]

morning ------- could this be EU heading north from 25 area

Morning BP

EU has big R's to overcome - both dynamic and static from 3127 to 33

If we get up past 35 - then the turn is on - but with normal pullbacks

No over 3133 - then reckon - we will test 17 /20 again

Have a good day BP - out in 10 mins for about 30 mins - back later

 

[Forexmospherian]

AU and EA have both reversed from start of 7 30 am TW at approx 7 23 /25 am

EA odd one out now compared now to EJ and EU

 

[Forexmospherian]

GU

Not scalped it last 40 mins - as PA not so nice as some other pairs - bitty and although trying lower atm - 6575 /80 is all support area

Need to see under 74 and 6570 to hold any scalp sells on longer for more lows

 

[Forexmospherian]

8 32 am

Back now and noticing GU dropped under 75/80 support areas

Update in next few minutes

 

[Forexmospherian]

GU

Dropped to 6654 5 mins after 8 00 am and since then trying to bounce back up above 6565.

Low is coming up to 30 mins with no breach and for now above 6557 we can look for more scalp buys.

Would need under 56 and 52 to think about more scalp sells

 

[Forexmospherian]

EU

Supports have held from 3117 to 3120 so far with a rise up to 37 and then a pullback to 3124

Above 3122 still want to look at more scalp buys

Would need under 20 and 17 to get me scalp selling again for now

 

[Forexmospherian]

EJ

Topped at 137 72/3 and now a scalp sell under 69

Really need under 56 and 53 to hold scalp sells on longer - and no scalp buys for now until price makes back over 69 and 73

 

[DowJones]

GU

Not scalped it last 40 mins - as PA not so nice as some other pairs - bitty and although trying lower atm - 6575 /80 is all support area

Need to see under 74 and 6570 to hold any scalp sells on longer for more lows

Seems cable is being predictably toyed with by bank desks prior to the 9:30 Cons PMI figure. The sell-off this morning wasn't surprising, but the scale of it was (in hindsight a function of low liquidity). We'll probably have a worse figure than last month (I notice no new kitchen extensions in my neighbourhood) and LDN desks will no doubt seize the day to run our stops some more.

I managed to bank half-a-dozen pips on the LDN open sell-off; quite unimpressive but in my defence I was lacking caffeine and tired from watching endless hours of cheap German porn last night. Lets see where we are in an hour...

 

[Forexmospherian]

AU

Still in scalp buy mode from 9287 and 7 30 am TW after a low at 84

Pullbacks staying above 90 still OK to scalp buy - but need to then see over 9300 again for more rises

 

[Forexmospherian]

Morning DJ

Noticed the comment about the cheap German Porn - but your benefit cheque you banked yesterday was not that bad ;-))

Have another good day

 

[Forexmospherian]

EU

Supports have held from 3117 to 3120 so far with a rise up to 37 and then a pullback to 3124

Above 3122 still want to look at more scalp buys

Would need under 20 and 17 to get me scalp selling again for now

EU comment 10 mins ago

3123 was scalp buy - only problem for me was 4 mins before TW

 

[Forexmospherian]

Need above 3132 to hold EU scalp buy on longer - otherwise - take what you can and dump then

 

[DowJones]

Morning DJ

Noticed the comment about the cheap German Porn - but your benefit cheque you banked yesterday was not that bad ;-))

Have another good day

Thx, you too.

 

[Forexmospherian]

8 56am

GU

Looking at 6572/75 area to change scalp buy into a scalp sell - presently at 68 - lets see if it tries hight at hr change ?

 

[Forexmospherian]

GU

Dropped to 6654 5 mins after 8 00 am and since then trying to bounce back up above 6565.

Low is coming up to 30 mins with no breach and for now above 6557 we can look for more scalp buys.

Would need under 56 and 52 to think about more scalp sells

8 56am

GU

Looking at 6572/75 area to change scalp buy into a scalp sell - presently at 68 - lets see if it tries hight at hr change ?

First comment on GU over 25 mins ago - and last one 4 mins ago

GU now at 6575 and I am out scalp buy completely

Not scalp sold yet - but will be looking for one in next 3 mins

Above 82 - forget scalp selling for now