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

[Forexmospherian]

Out EU scalp buy at 75 - not leaving 30% stake on for now and similar on GU - entered at 5899 and exiting 100% at 5907.

Out in next 15 mins and will be back for 8 30 am time

See you later

F

 

[Forexmospherian]

8 35 am

EU

Range now 2460 to 83 - approx 23 pips with price currently at 2468

For me above 2450 /55 still in session up bias - but needs over 83 and 87 for a try up higher

For now more likely to test 60 and 50 /55 next - then its a case if supports hold

 

[Forexmospherian]

No major red news on calender to day - so could be a slow Monday

Will check out other key pairs over next 30 mins - see if I can find anything more than a scalp for now

 

[Forexmospherian]

EJ

8 43 AM

Under 142 60 its been bearish with price currently at 142 27

We have supports at 142 10 and 142 00

We need back over 36 and 41 to be holding scalp buying taken above 19 and then 50 -60 is all R areas

Yet again really just scalp trades for now -until we get more clues

 

[sunwest3d]

8 35 am

EU

Range now 2460 to 83 - approx 23 pips with price currently at 2468

For me above 2450 /55 still in session up bias - but needs over 83 and 87 for a try up higher

For now more likely to test 60 and 50 /55 next - then its a case if supports hold

Good Morning F. , Hope you had a good weekend. Ok EU range but was fast moving in between 7.58 and 8.15. Esp. from 8.11 to 8.15 with a surge of 10 pip up and down in 4 minutes.... outside of TW...

 

[Forexmospherian]

Its looks as though yen crosses are seeing prices fall due to some strength back in yen so far today

Will be mainly trading the EJ out of the main yen crosses and so will try and update hourly etc

 

[Forexmospherian]

Good Morning F. , Hope you had a good weekend. Ok EU range but was fast moving in between 7.58 and 8.15. Esp. from 8.11 to 8.15 with a surge of 10 pip up and down in 4 minutes.... outside of TW...

Morning SW

Yes I got a scalp buy in before I went out at 7 40 am ish

I got in at the low just after 7 00 am TW but came out before it got to 2482

I think now we need to see if supports can hold say 2460 -65 area to allow another try up

Have a good day

Regards


F

 

[Forexmospherian]

GU

6 57am

Similar price structure set up to EU - up bias above 5875 /80 with high so far at 5917 area

Current price 5905 and will look for another scalp buy above 5899. Under 5896 and 92 then be still with scalp sells looking for another scalp buy from supports in the 5870/80 area

GU comment from approx 2 hrs ago

we have touched 5881 - so will see if now the 5870 -80 area can offer supports for a try at another scalp buy

 

[Forexmospherian]

Had a quick look at AU - UCad and UChf - but nothing really other than small scalp opportunities atm


Lets hope next hr might see a change

 

[Forexmospherian]

GU

9 04 am

Above 5881 its a scalp buy and then under 95 its a scalp sell again - so that 14 pip range is really a BTTZ

We really need under 5880 and 75 to see if next supports at 70 hold - or we need to see back over 5896 and 5900 for more tries up with scalp buys

Until we come out the 14 pip range - its just scalps still

 

[Forexmospherian]

EJ

8 43 AM

Under 142 60 its been bearish with price currently at 142 27

We have supports at 142 10 and 142 00

We need back over 36 and 41 to be holding scalp buying taken above 19 and then 50 -60 is all R areas

Yet again really just scalp trades for now -until we get more clues

EJ comment from over 25 mins ago

Scalp buy above 19 as so far made 36

It needs over 36 and 41 to hold on longer

I am out 100% at 34 as need pips in kitty for now

 

[Forexmospherian]

Back for next 9 30 TW

 

[Forexmospherian]

Morning SW

Yes I got a scalp buy in before I went out at 7 40 am ish

I got in at the low just after 7 00 am TW but came out before it got to 2482

I think now we need to see if supports can hold say 2460 -65 area to allow another try up

Have a good day

Regards


F

EU comment from approx 30 mins ago

Supports did hold - 67 -69 area was ideal scalp buy prices and so far we have made 2481 - and I exited 70% stakes and will leave 30% stake on above 70

 

[Forexmospherian]

EJ comment from over 25 mins ago

Scalp buy above 19 as so far made 36

It needs over 36 and 41 to hold on longer

I am out 100% at 34 as need pips in kitty for now

EJ again

I exited 100% off scalp buy at 34 as for me it topped there before 9 00 am

After 9 00 am it was another scalp buy above 32 or 34 and now 30 mins later its at 46 and still trying up

Above 33 still a scalp buy on pullbacks - needs under 30 and 27 to be scalp selling longer

 

[Forexmospherian]

GU

9 04 am

Above 5881 its a scalp buy and then under 95 its a scalp sell again - so that 14 pip range is really a BTTZ

We really need under 5880 and 75 to see if next supports at 70 hold - or we need to see back over 5896 and 5900 for more tries up with scalp buys

Until we come out the 14 pip range - its just scalps still

Nice scalp buy above 5881

I exited at 95 and then left and did not scalp sell

Price now testing above 95 and now made 5900 again

Above 93 /94 on pullbacks - still another scalp buy

 

[Forexmospherian]

EU comment from approx 30 mins ago

Supports did hold - 67 -69 area was ideal scalp buy prices and so far we have made 2481 - and I exited 70% stakes and will leave 30% stake on above 70

EU at 9 38 am

Now made 2494 and I have exited my 30% stake at 2490

Would look at another scalp buy above 76/78

 

[Forexmospherian]

9 45am

EU as posted 2495 now and for me above 80 still another scalp buy on pullbacks again

We now need to see if 95 is breached and we make over 2500 before 10 00 am

If we dont and the 2495 present high holds with no breach for 30 mins - then price might test lower supports then

 

[Forexmospherian]

9 58am

GU still trying up at 5910 - whereas EU not gone over 2495

GU above 97 on pullbacks is still another scalp buy - needsunder 93 and 88 to be carry on holding any scalp sells taken under 5908

 

[Forexmospherian]

Will pop back by 10 30 TW

 

[sunwest3d]

Will pop back by 10 30 TW

F. I would like to say that your Daily morning overview and market structure seems to be ever so slightly better and better. You also reference to earlier posts and follow up on it, including your position management which is top notch.
Perhaps I am also building experience Intraday too but once again Thank you

Frankly currently I am unable to read/refresh or update the forum while I am monitoring a position but I feel I am improving and I wonder how you can do all that at once.

On a different note I am also happy that I managed to convert my indicators from MT4 to the cAlgo platform (I have learned the new platform language and basics now) and will try to implement them as a semi assistance for live trading and position management.
I also plan to implement your trading rules/guidelines with LR, TW, High and Low Bias structure, position management at 70% and early exit if incorrect. The only thing that seem to be a challenge would be to know when red news is coming up... But since it needs to be tested live with semi automated human validation that is fine by me and don't get me wrong I intend to improve and work on your technique etc.
Perhaps I can post follow up about that on your other thread?

Good trading
S.