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

[Forexmospherian]

morning all ............usd is bull at present on lower TF's.........stunning run up from early Asian and now into London..........no reason to change that at present

Morning N

Agree for now - had been scalp selling EU and GU and tried a scalp buy on EJ but cannot hold it on

Swiss as also been nice this morning with the dollar strength - and AU - another new low

Have a good day - not much news to use so hope its not to boring

Regards

F

 

[be-positive]

morning

 

[Forexmospherian]

morning

Morning BP

EU your favourite as been nice for scalping after 6 OK am

Now any bounces from 2728 low can be sold again if they stay under 44

I do have 2730 a support area so unless we crack it by say 5 pips - it might be used to bounce off again

Have a good day

 

[be-positive]

Morning BP

EU your favourite as been nice for scalping after 6 OK am

Now any bounces from 2728 low can be sold again if they stay under 44

I do have 2730 a support area so unless we crack it by say 5 pips - it might be used to bounce off again

Have a good day

yes EU/GU 7.30 tw

 

[be-positive]

nice one here on GU

 

[Forexmospherian]

nice one here on GU

The GU as been a better scalping pair than EU in last hour as the bouncy ball effect kept going - allowing 3 scalp down /up and down with each one worth over 10 pips

Don't worry if you have not made 30 pips of it though - I reckon anything over 15 pips off just 2 scalps its still good

 

[Forexmospherian]

EU

It played it trick - ie not staying under 2744

Crafty bias change trying to take place for now

 

[Forexmospherian]

8 29am

GU - that bouncy ball effect as worked really well on this pair

This last bounce up after 8 09am as gone up 24 pips - maybe helped by sudden dollar weakness that also took EU up 12 pips above its sell cut off

 

[FXWorx]

Morning Guys

Yes GU bouncy this morning 2 from 3 for now

 

[Forexmospherian]

Morning Guys

Yes GU bouncy this morning 2 from 3 for now

Well done FXW

Have a good day

 

[Forexmospherian]

EU at 8 47 am

Now we need to keep above 2738 for another try up and test the 2760 resistance area

I think we need to see above 2766 and 71 to hold scalp buy on longer for a try at 85 and 2800 zone

Under 2737 and 32 - be back in scalp sells for a test on 30 and lower

GL

 

[be-positive]

Anyone catching this up GU

 

[FXWorx]

Hi P

What is your lowest setting Lr on 1 min chart if I may ask? My lowest ones are 13 21 34 Or does it vary according to pair and market conditions?

 

[FXWorx]

Anyone catching this up GU

Hi BP

Got a few pips on the last wave up

 

[Forexmospherian]

Anyone catching this up GU

Hi P

What is your lowest setting Lr on 1 min chart if I may ask? My lowest ones are 13 21 34 Or does it vary according to pair and market conditions?

I reckon we need to see over 35 and 45 to hold GU scalp buys on longer

With regards to LR setting - my 3 white scalping LRs are set at 15 /24 and 38 on a one minute chart

However as we found out on major magnums charts - all settings need fine tuning according to the broker platform - so don't worry if your quick LRs are 5 or more different to mine

On the longer LRs over say 300 - some times setting can be up to 50 different and over 500 even a lot more

All broker platforms are like 1950 Ford speedometers - ie - just not that accurate

Fine tune and curved fit over weeks of moves can help find he optimum settings for your platform

F

 

[FXWorx]

I reckon we need to see over 35 and 45 to hold GU scalp buys on longer

With regards to LR setting - my 3 white scalping LRs are set at 15 /24 and 38 on a one minute chart

However as we found out on major magnums charts - all settings need fine tuning according to the broker platform - so don't worry if your quick LRs are 5 or more different to mine

On the longer LRs over say 300 - some times setting can be up to 50 different and over 500 even a lot more

All broker platforms are like 1950 Ford speedometers - ie - just not that accurate

Fine tune and curved fit over weeks of moves can help find he optimum settings for your platform

F

Thanks P

 

[Forexmospherian]

10 05 am

Sorry not been around for last 15 mins or so

Seems fairly quiet ATM - we need some more breaches to get things going

Will update this hour on main fx pairs

 

[Forexmospherian]

EJ

Having a test on 139 00 R area

I need over 06 and 139 11 to hold scalp buys on longer

 

[Forexmospherian]

EJ

Its peaked so far at 139 08/9 at end of TW at 10 09 am and then did the typical trick - pulled back approx 10 pips

Above 93 /4 its still in scalp up bias - so you can scalp buy it again - but under 91 and 87 be back in scalp sells again

Price Action is being deliberately played with by LP's to stop it being a straight forward buy

 

[Forexmospherian]

10 48am

AU & EA

I mentioned these 2 pairs this morning but cannot get back to the page thread on his silly tablet I am using ATM

The AU had made a new low and the EA had made a double top

Guess what

The EA as dropped approx 50+ pips - and the AU as risen approx 40+ pips

AU is still in a down mode but needed the pullback

Worth checking out in next her for changes again