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

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Well done

Wanted to sell again at 2405 - but cannot just atm - we should stay under 08 or 11 though

then its if we test 2395 again - or if 2303/4 holds again

Going to have a break

Bias is still down under 18 and 24 - but remember next hr - that can change

GL

See you a bit later


Regards


F

2405 seem has turned resistance into support... I went long but it was taking too long, out at BE....

Yes see you later, also done for the day
 
10 35 am

Morning Sunwest - hope you are well

EU now in tight BTTZ

AU - from 8 30 am - 9 00 and 10 00 am TW's - all scalp buys - although in total price as only risen about 25 pips as slow

GU bounced up but really a flat 30 -35 pip range for now

EJ - nice - did not test supports under 60 and 55 and now been up to 143 92

UCad and UChf both risen since opens - but only up about 15 -20 pips as no great moves
 
Yen Crosses

UJ as made a new year high at 116 00 area - whereas the EJ and GJ are near there former highs of recent weeks and months.

Shows the yen is weak and the dollar strong
 
Will pop in next hr to see if much is going on

No major news and looks like it could be a boring Tuesday - although moves from 7 00 am to 10 00 am have not been too bad enabling me to make my daily target if I include my 30% stake trades left on with stops in profit
 
11 30 am

Some nice moves over last 45 mins

EU now made 2427 and 2424 to 2432 is all R - so drop to 30% stakes on buys or exit all together

AU now up nearly 50 pips from 8 30 am
 
EJ

11 33 am

Did not make above 144 00 - topped at 97 and since dropped

Needs under 78 and 73 to hold scalp sell on longer if we now drop again under say 95 - ie a LH

Can only take or hold new scalp buys on if we make over 144 00 and 04
 
GU

11 51 am

It broke out of its 30 -35 pip range by going above 5860 to 72/3

We should be able to scalp buy again above 50 /55 area for another try up

Under 43 and 38 would change that and would mean the GU is trying to turn lower again
 
EU

11 56 am

Noticed we dropped from 27 to under 18 and 14 - both support areas and so far stayed just above 2410/11

I think we would need to see a further drop under 2403 and 2399 to be holding scalp sells on longer and really - I think one of those levels of 2400 /03 or 10 might hold again
 
12 21 pm was the scalp buy again on the EJ

Now half way through this new TW price as risen from 143 93 up to 99

Still need over 144 04 to hold on longer though
 
Last edited:
12 41pm

EJ

A great example of a topping just at half hr change and then after touching 144 00 dropped to 93 /4 again

Above 90 - still session bullish and needs really under 87 and 82 to be holding scalp sells on expecting the high to hold and then further drops

Staying above 90 means 144 00 can be tested again - but still need above 144 04 to think its breached that R area of 90 to 144 00
 
1 17pm

1 00 pm was another scalp buy on EU from 2416/17

We have supports at 2400 /03 - 10 /11 and now maybe 17

We need really over 2430 + now - but expect pullbacks to then stay above 16/ 17

Off for a long lunch - but will pop back after 2 30 pm time

EJ - for now under 144 00 and 96 is scalp sells with supports around 80 area

GL

See you later


F
 
EJ

2 51 PM - new TW

below 143 86/7 - a scalp sell still .......... BUT

Above 142 72 /3 - a scalp buy

So if we stay above say 70 look for scalp buys at end of fall

If we go under 70 then we may test supports lower at 50 and 60 are

From any bounce over 70 - we then need above 87 and 90 to hold scalp buys on for a bigger move up again
 
Both the US and Canada off on bank holidays today - along with France and so slow

Saying that the UCad as fallen over 30 pips from lunchtime today
 
EJ

2 51 PM - new TW

below 143 86/7 - a scalp sell still .......... BUT

Above 142 72 /3 - a scalp buy

So if we stay above say 70 look for scalp buys at end of fall

If we go under 70 then we may test supports lower at 50 and 60 are

From any bounce over 70 - we then need above 87 and 90 to hold scalp buys on for a bigger move up again


EJ comment from 13 mins ago

Perfect

approx 14 pips on sell and so far 7 pips on scalp buy
 
Moved 30% Stop on scalp buy on EJ up to 85 now with price at 93

If I get stopped out - no problem - over 14 pips on 30% stake then
 
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