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

[Forexmospherian]

7 21 am

EU - yesterdays high was 3145/6 and so far its made 41 in last 5 mins

The session scalp bias is still up above say 29/30 and I would like to buy again say 31 -33 area for another try over 41.

Under 3129 - I will forget scalp buys for now and see if it then tries the support areas from 3117 - 22

 

[Forexmospherian]

AU and EA

Mentioning these 2 pairs now - as AU at 9300 and trying back up again atm

Above 9280 supports it is scalp bullish this morning - but 9304 to 9310 is all minor R area - so price might fall again soon and so be ready .

Above 9308 and 9312 still look at more scalp buys

 

[Forexmospherian]

EA - normally negative correlation to AU and like the EJ as seen price fall this morning - in fact approx 50 pips from high. Under 4137 still in sell mode - but need now under 19 and 4110 to hold scalp sells on longer

 

[Forexmospherian]

7 47 am

Out for about 30 mins - back next hr

Been scalping GU and exited again at 77 /8 as that was a scalp sell price - but not taken that as pooping out

Be careful at LO at 8 00 am and see you later

 

[NVP]

hey F

just a comment and please address this when you get time - no rush

I know you are a keen student of these kind of rating/ performance charts

assuming any of these charts are accurate (??) do you feel that on a ytd basis some of these funds are underperforming ?

looks like it to me ?

N

http://www.trade2win.com/boards/for...-basic-ideas-strategies-2007.html#post2383614

 

[Forexmospherian]

Morning N

Just got back and seen your comment

Will have a look through and then reply.

First impressions - just shows how rubbish the industry is - especially the funds with the smaller capital amounts ;-)

Have a good day

Regards

F

 

[Forexmospherian]

8 45 AM

GU - more red news in approx 45 mins

Still a scalp sell under 6476 - but we now need to see under 65 and 60 to hold sells on longer

 

[Forexmospherian]

AU and EA

Mentioning these 2 pairs now - as AU at 9300 and trying back up again atm

Above 9280 supports it is scalp bullish this morning - but 9304 to 9310 is all minor R area - so price might fall again soon and so be ready .

Above 9308 and 9312 still look at more scalp buys

AU comment over 80 mins ago

So far AU breached the first R area and as now made 9313/4

Still scalp bullish on pullbacks staying above 9304 now - but we need to see above 16 and 19 to hold scalp buys on longer

 

[Forexmospherian]

9 00 am

The action as started ;-)

 

[Forexmospherian]

Had to exit GU scalp sell at 6470 and taken quick gains on AU and EU

Eu went up 25 pips in 2 minutes

 

[Forexmospherian]

EJ

Up nearly 40 pips in 3 mins - Notice it all started exactly on the hour change

 

[Forexmospherian]

interesting the GU as not reacted a lot - probably need not have exited the sell - but EU and EJ are the 2 that made my instant radar - and pleased to say I have gained on both - the advantage of being a scalper I suppose

 

[Forexmospherian]

Break for 15 mins - will be back for GU news at 9 30 am

 

[Forexmospherian]

9 25 am

GU news in 5 mins

Not in a scalp on it atm

We need to see over 6488 and 93 for holding scalp buys on and a try up to 6500 - again

Under 6458 and 54 would be holding scalp sells on for test of low and even down to 6400 area

 

[Forexmospherian]

9 29 am - GU still creeping up around the 6480 level

9 30 - up she goes for now

 

[Forexmospherian]

Best trade atm so far is AU - now up at 9327 - only in on 30% stakes as had taken main profits off

 

[Forexmospherian]

GU

above 6473 on any pullbacks - the GU is still a scalp buy - but we do need above 95 to hold it on longer

 

[Forexmospherian]

9 37 am

EU

So far made 3156/57 - and as long as any pullbacks stay above 3139 /40 - you can look at taking more scalp buys

We do need to see above 62 now for further rises

PA is not really nice - but nowadays that's expected

 

[Forexmospherian]

9 50 am

AU - so far made 9334 and now I have taken my 30% scalp buy stake off - and thinking about rebuying lower - ie ideally 9320 area

If we dont pullback much and instead carry on above 38 and 42 - will have to jump back in again on scalp buys

 

[Forexmospherian]

EJ

ideally would like to look at scalp buying again in the 137 94 - 138 00 area - if not this time window - will look at next at 10 30 am

Under 137 90 hold scalp sells on - as then we might be trying a turn down again