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

[Forexmospherian]

Thursday 6th November 2014 - Pre Opens

Good Morning all FX Intraday traders

Could be two busy days ahead to finish the week off - with a lot of important news items today and tomorrow

Normal stuff - quick reviews and update on main pairs I plan to trade today.

Not so interested on the big picture - have no real bias - I just buy and sell for any move from say 5 to 25+ pips and if I can leave something on it to make 50 or 100 or 500 pips - then great.

The normal rule book goes out the window and I trade mainly at the coalface in the noise with tight stops for good RR's etc

Accuracy is important - the devil is in the detail - but remember my charts might differ from yours by 1-3 pips - so I can only give you my levels - and if the are nit exactly the same as your allow the margin throughout all the calls etc

Update the browser every 30 seconds in busy times - and all related FX comments are welcome etc etc

Ok - Have a good day


Regards

F

 

[Forexmospherian]

6 57 am

Last hr or so - tight ranges on the EU and GU

They along with the AU have seen price rise again showing dollar weakness from 3 30 /4 00 am

EU under 2529 is a scalp sell - but supports at 18 to 20 and then under at 2507/10 and 2500 /3

Need above 2533 and 37 to be holding any scalp buys on

GU similar set up - need back over 6000 for more scalp buys with 5980 a support area

 

[Forexmospherian]

Yen crosses seen price falls with dollar weakness and a bit of yen strength

Leading dollar pairs have seen 50 pip falls over last 3 -4 hrs - but yen crosses falls of over 100 + pips after earlier quick rises

Remember NFP tomorrow and important red news items also today

 

[Forexmospherian]

AU

7 06 am

Seems to have found supports at 8570 /80 area after low of 8554 and now back in 8600 area - were it needs to stay if it plans to try and break R at 8620-25 area

Presently like EU and GU - small pullbacks retraces taking place with price at 8805

Not in scalp sell on it atm - but hope to scalp buy above 90 /95 if it all lined up etc

 

[Forexmospherian]

Red news today on GU / EU / US and Cad dollar

So there's 3 pairs minimum to trade - along with I will look at EJ and UChf and possible GJ

AU looks worth trying to get a longer move going on it - especially with a big fall yesterday and it now finding supports - thats if they hold ;-)

 

[Forexmospherian]

7 13 am

Still in EU scalp sell at 2519 /20

Needs under 2515 and 10 now before looking for a scalp buy

 

[Forexmospherian]

GU

7 14 AM

Scalp buy from 7 00 and 7 09 am

Needs above 6000 to hold on - but bullish above 92

 

[Forexmospherian]

7 22 am

Looks like GU cannot make above 97/8 so far and now a new TW

Out 96 - only 3 pips but a 7 pip rise - not helped with EU falling and so pairs out of sync

 

[Forexmospherian]

7 24 am

EU just made 2514 - and I have taken 70% stake off sell and banked

Under 22 ok to hold 30% stake on for hopefully a test under 10

 

[Forexmospherian]

2518/19 now cut off on EU sell and my 30% stake still on

 

[Forexmospherian]

7 34 am

Low so far on EU on this scalp sell in 2512

From after 7 30 am - half hr change - the pair is trying to turn up now

Needs above 19 and 22 to look at scalp buys on pullbacks staying then above 13/14

Under 2509 more scalp sells

 

[Forexmospherian]

AU

7 06 am

Seems to have found supports at 8570 /80 area after low of 8554 and now back in 8600 area - were it needs to stay if it plans to try and break R at 8620-25 area

Presently like EU and GU - small pullbacks retraces taking place with price at 8805

Not in scalp sell on it atm - but hope to scalp buy above 90 /95 if it all lined up etc

Au comment from 30 mins ago

It did not drop below 8600 so not able to scalp buy at 90 /95

Instead after 7 00 am - got in at 8608 am ( late )

So far ist made 27 and I am out now at 24

Will look at another scalp buy lower - but above 8606

 

[Forexmospherian]

EU

7 46 am

We did not make above 19 and 22

Kept my 30% stake on and sold again on scalp signal at 13 - which made then under 2509 and currently at 2507

Will exit last scalp under 10 on bounces

 

[Forexmospherian]

GU

7 49 am

Exited scalp buy earlier after failure of 6000 - but failed to sell as was in then EU sell and AU scalp buy

Bad mistake not scalp selling GU as its just fell 10 pips fairly smoothly - and I got zero of those pips

Shame - bounces staying under 95 are sells again for now

 

[Forexmospherian]

8 00 am

EU update##

Low so far off this sell under 2529 - 2505/6

Still got one 30% stake on - out scalps for now

Would need back over 2611 and 16 to be holding any scalp buys off bounces

 

[Forexmospherian]

GU

7 49 am

Exited scalp buy earlier after failure of 6000 - but failed to sell as was in then EU sell and AU scalp buy

Bad mistake not scalp selling GU as its just fell 10 pips fairly smoothly - and I got zero of those pips

Shame - bounces staying under 95 are sells again for now

I did manage to get a scalp sell on - after missing the main one under 5997 - but late at 88

Testing 5982 with 5980 a support again

Down to 30% and under 91 still a sell - but can 75 /80 hold the fall for now

 

[Forexmospherian]

8 07 am

EU - now made 2500 - and under 2509 still a sell for now

2 mins left in TW - will we get a change now ?

 

[Forexmospherian]

8 07 am

EU - now made 2500 - and under 2509 still a sell for now

2 mins left in TW - will we get a change now ?

 

[Forexmospherian]

Au comment from 30 mins ago

It did not drop below 8600 so not able to scalp buy at 90 /95

Instead after 7 00 am - got in at 8608 am ( late )

So far ist made 27 and I am out now at 24

Will look at another scalp buy lower - but above 8606

Now down at 8606/7

Looking for a scalp buy now

Might have to grab pips and then buy again - depends on size of bounce and if supports from 8602 -05 hold

 

[Forexmospherian]

End of TW at 8 09 am - we did see changes on many pairs

Going to have 15 min break - back for 8 30 am

See you in a bit