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

[Forexmospherian]

GU

8 45 am

For me on LR price structure on a 1 min chart - I have the GU session bullish whilst price stays above 5644

 

[NightFlight]

8.49am (beginning of TW) almost all EU LRs in a 2m chart seem to have a positive slope (apart from the quickest, which is tracking the current pullback). I remember you said that it would be a pre-requisite for a big move. Any thoughts?

 

[Fugazsy]

We have some red GU news at 9 30 am - so we will check out more for next hour

Yes. Are you taking trades before that also red for EU 30 minutes later...

 

[Forexmospherian]

EU - 2 Min LR chart showing yesterday and early 18th am

Check out other EU 2 min chart I posted last night

This is continuation for this morning

Notice price structure bearish yesterday after a bull Friday PM

From Midnight - structure changed to scalp bullish

 

[Fugazsy]

yep

now DB

 

[Forexmospherian]

Yes. Are you taking trades before that also red for EU 30 minutes later...

Scalps - I would take up to say a few mins before the news

For news I dont like to be in scalps - but will leave 30% stake trades on if there are enough profit already in the trade

I normally try to get a new trade within 9 mins of the news

Sometimes I enter after 2-3 mins if it looks good and I can get the price I want

Othertimes - if we get 2 way spikes etc etc and bad PA - I might leave until next time window after the 9 mins

 

[Fugazsy]

seems like market is waiting.....if that is the case I also wait, market is my best friend...

 

[Fugazsy]

Scalps - I would take up to say a few mins before the news

For news I dont like to be in scalps - but will leave 30% stake trades on if there are enough profit already in the trade

I normally try to get a new trade within 9 mins of the news

Sometimes I enter after 2-3 mins if it looks good and I can get the price I want

Othertimes - if we get 2 way spikes etc etc and bad PA - I might leave until next time window after the 9 mins

Crisp and clear.

Please let me know when you enter a trade as a live call, would be very much appreciated if you can, otherwise I will understand....

 

[Forexmospherian]

seems like market is waiting.....if that is the case I also wait, market is my best friend...

With regards to the GU - yes we know price as been falling from over 6000 to under 5700 etc - but we do have some decent supports from 5630 -40 area and so as long as we stay ideally above them and 5644 - we have chance to try up to 5670 and even 5700 area again

If news is bad and we go under 5630 - then would not look so good and you would expect more new lows

 

[Fugazsy]

With regards to the GU - yes we know price as been falling from over 6000 to under 5700 etc - but we do have some decent supports from 5630 -40 area and so as long as we stay ideally above them and 5644 - we have chance to try up to 5670 and even 5700 area again

If news is bad and we go under 5630 - then would not look so good and you would expect more new lows

moving before the time, do they know more than we do? 5645 broke

 

[Forexmospherian]

GU

9 05 AM

Price is being pushed down prior to the news and atm its under 5644 and testing supports at 5630 -35

I think this is pre news manipulation

 

[Fugazsy]

UJ left without me, I was not at the bus stop...

 

[Forexmospherian]

GU

9 08 am

Bounces on GU staying under 5654 are sells again for now

You might get a scalp buy above 33 for 45 or 50 + but remember this is all Pre news set ups to fool and trap traders

The fact that the EU and AU are still bullish - with weak dollar - means GU is being played with for news

 

[sunwest3d]

GU

9 05 AM

Price is being pushed down prior to the news and atm its under 5644 and testing supports at 5630 -35

I think this is pre news manipulation

Manipulation to bring quite a few bears in and then perhaps at news time a quick spike down before turning back all the way up and frying all the bears? Time will tell... but definitively wise not to trade exactly at news time.

 

[Forexmospherian]

UJ left without me, I was not at the bus stop...

All the yen crosses are seeing nice rises - due to such a weak yen for now and Japan's economy problems etc

I am loving my EJ trade -

 

[sunwest3d]

All the yen crosses are seeing nice rises - due to such a weak yen for now and Japan's economy problems etc

I am loving my EJ trade -

Oh damn, I did not buy my Ticket on time, since I missed the bus, I might take the train to the 150 land or perhaps the plane to 170 :clap:

 

[NightFlight]

UJ left without me, I was not at the bus stop...

I was on the bus, but somebody pushed me out before it moved... There was a lot of resistance up to the 76 level, so you might still jump on, if there is a next pullback in the 76-80 area

 

[Forexmospherian]

Manipulation to bring quite a few bears in and then perhaps at news time a quick spike down before turning back all the way up and frying all the bears? Time will tell... but definitively wise not to trade exactly at news time.

Yes - and we might get 2 way spikes as well on GU at news as well

When a pair is out of sync with other pairs prior to news - then you know something is being set up

GU could drop another 50 pips or more under 5630 - but for now you have to suspect manipulation to get more bears in - and trap them

Might be wrong - and if I am - I will look for a sell after news if we stay under 5630

 

[Fugazsy]

All the yen crosses are seeing nice rises - due to such a weak yen for now and Japan's economy problems etc

I am loving my EJ trade -

I am not happy with myself here, it was a clear trade...I have been watching all along but I was posting on the right time.....well lesson learnt.

 

[be-positive]

anyone long EU around 92/93