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

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GU

7 30 saw big drop on GU now joining the EU in teasing lower

we need to stay above 6100 and 6107 to look at scalp buying again

Under both those levels hold any scalp sells as the fall could then last longer


GU

clue now on scalping - under 6106 - still a scalp sell


GU at 8 22 am

Remember - as mentioned twice - under 6106 - GU is a sell

BUT

Above 6080 support area - its bounced and is still a scalp buy above 83

Wwho wins ??

Well if 80 lets go it still favours tests lower

First comment on GU well over 2 hrs ago just after 7 30 am

any sell under 6106 with part stake left on would have made you over 50 pips so far

I have scalp bought 3 times in that period on the GU and 2 made me a few nice pips - but at 100%

This is were you need to work out what method suits you best - locking more in trades left on and less scalping - or more scalping and only leaving 25 -35% on longer trades ?

Either way - as long as you become experienced at scalping you will make money
 
eu, i see longer structure saying poss test of no more than 90?

see what you are seeing MM

For me 85 to 2700 is all R area as well

So to hold scalp buys for larger turns = we would need over 2700 and 2710

Under there favours trys down again - but we could then just have a range of say 2640 to 2685

Having a break


Back in 10 -15 mins


GL
 
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