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

[Forexmospherian]

nope usd going for more rises .....................if you drop to 1 mins on the usd index indicator you can see what I was trying to anticipate and gbp was the first in line ........but its chopped me like a kipper

N

Also - the GU manufactured PA is not that nice - ie 15 -18 pip drop - and 10 -15 pip rises - deliberately difficult to trade other than quick scalps

 

[NVP]

Morning N

Back now for a few hours
Hope you caught some nice pips over last couple of hrs
Have a great day
Regards
F

hey F

yep ........the recent usd bull has been kind to me ........got caught on recent calls trying to predict its turn south........but hey that life
N

 

[NVP]

damn gbp is still strong but with usd's appetite as bull as well its a fated pairing at moment ........

 

[Forexmospherian]

GU

8 47am

Its playing a trick here

It should be another sell under 5710/11

But because that is expected - I reckon it will try and turn in this next TW starting in 4 mins

Its would not be on if we go under 5690 - but whilst above - could be on with main clue being above 5713

 

[Forexmospherian]

Arn't they bar stewards - lol

 

[Forexmospherian]

GU

8 47am

Its playing a trick here

It should be another sell under 5710/11

But because that is expected - I reckon it will try and turn in this next TW starting in 4 mins

Its would not be on if we go under 5690 - but whilst above - could be on with main clue being above 5713

Got time wrong - started a few mins early

But shot up above 5713 to 23

 

[Fugazsy]

no trades (EU) for me yet, maybe missed one trade.

does not seem an easy day....well all part of the job

 

[NVP]

hmm...again with gbp's strength and the potential for usd to finally fold south ......... I really saw that gu move happening a few mins earlier ....sorry gang

N

 

[Forexmospherian]

I personally think working out market game play can be just as important as technical analysis

Nowadays there is so much computer robot trickery going on - manipulation is easy - but can be blamed on so many other reasons - including - computer error etc etc

 

[Forexmospherian]

no trades (EU) for me yet, maybe missed one trade.

does not seem an easy day....well all part of the job

I think EU fall as been ok under 2460 - but agree - its not easy PA - with slowness and then quick moves etc

For me EU still a sell under 57 - but I am sure a 10 -20 pip pullback is due

If that becomes 30 pip pullback - then different ballgame again

 

[NVP]

I personally think working out market game play can be just as important as technical analysis

Nowadays there is so much computer robot trickery going on - manipulation is easy - but can be blamed on so many other reasons - including - computer error etc etc

yep...........anyway the earlier usd bull run was fine for me ..no worries ....

N

 

[Forexmospherian]

hmm...again with gbp's strength and the potential for usd to finally fold south ......... I really saw that gu move happening a few mins earlier ....sorry gang

N

This is were little fine tuning etc can make the difference

You were right that a retrace was on

But the market wanted to trick more bears in - under 5700 first

And it did an excellent job doing it with manufactured false PA of LH and LL - before a change - in just a few mins

 

[Forexmospherian]

Remember GU / Pound news in approx 30 mins

Might be worth checking out GJ and GA as well

 

[NVP]

This is were little fine tuning etc acn make the difference

You were right that a retrace was on

But the market wanted to trick more bears in - under 5700 first

And it did an excellent job doing it with manufactured false PA of LH and LL - before a change - in just a few mins

yep - ok gotta make some calls back later

N

 

[Forexmospherian]

EJ

8 37 am

My cut off is 147 76 /78 area - pullbacks staying above here - can be scalp bought again

Under there and say 75 - favours a turn lower and holding scalp sells for 60 / 65 supports

Approx 30 mins later EJ at my critical area ie around 76 - 78 area

Still looks bearish under 87 - but in a turn TW atm

 

[Forexmospherian]

This last TW - starting at 8 51am UK time - ( although 8 48/9 for GU ) as been a turn period so far with bigger bounces and larger pullbacks on UCad / UChf

 

[Forexmospherian]

9 12 am

Pound news in approx 15 mins

For now peaking around 5730 after bounce above 95 and 5700

I think if pullbacks stay abobe 5705 - the pair can then be scalp bought again

Need under 95 and 90 to be holding on or taking more scalp sells

 

[Forexmospherian]

After the news - I will post a couple of charts etc to review whats been going on - and what should be next part of the plan

Cannot forecast like 4 hrs or tomorrow with the accuracy I need - but next 5 - 60 mins is possible many times when things line up correctly

 

[Forexmospherian]

After 9 09 am - i think we went back to dollar strength again - with pullbacks on EU / GU / AU - and rises again on UChf and Ucad

 

[Fugazsy]

I think EU fall as been ok under 2460 - but agree - its not easy PA - with slowness and then quick moves etc

For me EU still a sell under 57 - but I am sure a 10 -20 pip pullback is due

If that becomes 30 pip pullback - then different ballgame again

Yes, this PA looks like a stampede of an drunken Irish builder coming out of a London pub late on Friday night.