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

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EU

6 49 am

Dropped under 2500 yesterday to 2470 area and then last night and through Asian session managed to rise and overcome the 2509-12 area that had been the barrier for higher yesterday.

So far made 2530 this morning but as been a scalp sell last hour from 27 area - maybe to test 2509/12 supports now

Above 2500-05 and 12 for me still early session bullish - so will be looking for more scalp buys after this sell finished

Under 2500 and 2490 - different ballgame again
 
GU

6 56 am

Was down at 5825 and then up at 6020 area before dropping to a HL - but so far this morning not been able to make a HH above 6020 - so far only 6002/3

For me above 5980 - early session bullish - but needs another try above present morning high and then ideally above 6025 - although this would show too much - and the market does not want to give any game away too early.

It needs to trick both bulls and bears - so expect maybe movements between 6015 say and 5970 ish - ie 45 pips for initial larger tease zone
 
7 00 am

We do have quite a lot of red news announcements today - starting with one on EU at 8 00 am - then GU at 9 30 am along with 2 lots of Cad stuff and not so important US dollar news

We had Aussie news overnight which had been bad - but weakness of dollar afterward allowed losses to be then overcome with moves up again
 
EJ

Nice scalp sell from 6 51am and start of TW for this hr

Anyone using my 1 min LR chart format would have seen top at 142 11 - and then - under 09 - it was a sell will all main clues saying lower

So far at 7 08am it dropped 10 pips and bounced at the big number - ie 142 00

We should stay above 141 96 - 14200 - as support area for now
 
EU

7 10 am

End of TW just gone and price at 2509 - and still not quite ready for scalp buy

Maybe it will stall at 2508
 
EU

7 11 am

By rights any bounce off interim supports should stall and finish before 2518 - as still in down ward channel under 30 and 27

Its testing 2508 - but still not a scalp buy yet - dropped sell stake to 30% under 2511
 
EU

7 15 am

Out 30% stake on scalp sell at 2509 now and waiting to scalp buy

Still not 100% on buy yet - as reaction is weak so far- need a HH on 1 min and then staying above 09
 
EJ

7 20 am

Stopped at 142 00 support area - bounced back up and now done a new interim high and still trying up

Pull backs staying above 142 04 are scalp buys again now
 
EU

7 24 am -

Still not ready for a scalp buy even at 2504

We need to see price above 2508 now with pullbacks staying above 2502 - otherwise we will try 2500 and even lower

Not in either scalp sell or buy atm on EU - so just having to wait now for next direction
 
7 25 am

EU there we go

Now in a range from 2503 to 2516 approx

Would need a breach above 16 and 19 to hold scalp buys on longer - otherwise just scalp for what you can get

Under 2496 next sells if that happens
 
7 31 am

No luck on EU going over 2509 - had to pull scalp buy with less than 2 pips as it not strong enough to turn yet

Now testing 2500 area - another support - but unless we see over 2509 - forget any turn just yet
 
Noticing price falling still on GU and AU as well atm

Only scalp I am in is scalp buy on EJ atm and thats stalling

PA tricky again this morning so far
 
EU

7 40 am - 2501 is low for now - but need above 2510 now and then dynamic R at 14 /15

News at 8 00 am on EU might have a change on price afterwards
 
EJ

7 53 am

If you study the PA on a tick chart or even 1 min - 16 was high and then under 14 was a scalp sell

I did not wait to under 12 to pull scalp buy I pulled at 13 and reversed to sell as now we could test even under 142 04 - as this movement is just deliberate manipulation to take out both bull and bear scalpers

Lets see if 142 04 goes now
 
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