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

[Forexmospherian]

10 15 am

Get the feeling EU and AU still a bit more bullish than GU - will know this next hour

 

[Forexmospherian]

to add to my last comment, which is the most important, a gradual shift in longer term structure or the immediate puke of p.a?

Difficult question

I dont think there is a simple yes or black or white answer

Both are used by the market to catch all and sundry out

The more tricks in your arsenal - the more you can scare traders and do their heads in - and therefore have a better chance of taking their money etc etc art of war stuff

Notice EU now as high again for end of 10 30 am TW

 

[Forexmospherian]

EU

10 43AM

Range of say 2370 to 2340

Need one to be breached for next clues etc

Structure and PA favours higher - but still a pullback first

 

[Forexmospherian]

AU

7 08 am

Dropped again after news in the night to 8226 price area

Still session bearish under 8290 and 8300 area with 70 -75 first barriers or R areas on any pullbacks back up above 60

For now range 8220 to 60 - say 40 pips - we need to come out of for more clues etc

AU comment from nearly 4 hours ago

When we got over 8260 - i took more interest - especially with EU and GU rising at the time

After 8 30 am and then after 9 30am - all more scalp buys and now price at 8297

Only in on 30% stakes from 76 onwards - will look at moving up to say 83 now

We need to see over 8300 next - otherwise will look to exit anyway

 

[MajorMagnuM]

guys, has anyone here ever been to a primary school xmas fair that was any good in any way other than perhaps post modern ironic?
i gotta arrange something to make the local one liveable next year

 

[Forexmospherian]

EU

10 43AM

Range of say 2370 to 2340

Need one to be breached for next clues etc

Structure and PA favours higher - but still a pullback first

EU

11 01 am

OK pullback under 2365 and now supports at 2350 and 2340/42

If we bounce at either supports and then try up again - unless we make over 2370 - the bull scalp bias might be over as then PA might do a LH and a LL

Structure is still session bullish - but under 2340 and then under 2325 would change it

 

[Forexmospherian]

Will post my AU chart next

Did not make 8300 - out 30% buy as 94 was a scalp sell

 

[MajorMagnuM]

may be now gu will decide

 

[MajorMagnuM]

for me it al says lower again but watching as bt really

 

[Forexmospherian]

AU - 1 MIN LR Chart today AM - buy up to 11 00 am

AU chart

So far top 8298

Under 94 scalp sell and then we need no breach on 98 -8300 before 11 28 am

 

[Forexmospherian]

for me it al says lower again but watching as bt really

Agree - but with BTTZ - anything might happen next

 

[Forexmospherian]

11 30 am

Off out shopping in 10 mins - back for lunch time and US session

Will take 70% off AU scalp sell at 81 82 and leave 30% on at 93 still

If I get stopped then - no problem

See you later

 

[MajorMagnuM]

ok ty

 

[Forexmospherian]

12 52pm

Might have guessed I would taken out of one - ie 30% sell on AU and 30% buy on EU

Thankfully it was the AU that made another high to take me out - but had more gain in the EU scalp buy after it made 2376.

GU is the odd one to AU and EU for now

 

[Forexmospherian]

EU

12 56 pm


It needs to stay above 2350 for some more scalp buys to test 75 and 80 next

Under 45 and 38 hold scalp sells on for lower to supports at 34 /40

 

[Forexmospherian]

EJ

12 59 PM

Not been my favourite today - messy and slow PA - that was up to 12 21 pm and 12 30 when it was a lovely scalp sell for 25 pips.

No did not get them all - missed start and was late in.

148 00 -03 is all support so maybe now a BTTZ for 40 pip range

 

[Forexmospherian]

Notice no red news at 1 30 pm or at 3 00 pm

Some minor news stuff - but nothing big

Might be slow and boring - but will try and check at least every hour if not always at the 30 min TF

 

[Forexmospherian]

1 29pm

EU

Testing highs at 2373 -76 area

I cannot see it making 2400 - BUT you never know and certainly 85 or 90 might be on

Last real level was 2460 - so LH's should be in keeping with main down trend - so if we did get over 2400 you expect then 2420 or 40 to be the R's that stop this retrace

 

[Forexmospherian]

EU

12 56 pm


It needs to stay above 2350 for some more scalp buys to test 75 and 80 next

Under 45 and 38 hold scalp sells on for lower to supports at 34 /40

1 29pm

EU

Testing highs at 2373-76

I cannot see it making 2400 - BUT you never know and certainly 85 or 90 might be on

Last real level was 2460 - so LH's should be in keeping with main down trend - so if we did get over 2400 you expect then 2420 or 40 to be the R's that stop this retrace

EU - 1 33 pm

so far 2388

Pullbacks staying above 78 still scalp buys - will drop to 30% stake and bank 70% now

 

[Forexmospherian]

no 87 now and I exit 30% after test of 78/9