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

[Forexmospherian]

8 20 am

Main trades I think will come after next hour - with the 2 red news announcements on the EU at 9 00 am and GU at 9 30 am


EJ - testing its 145 85 area supports again - its been manic it went up approx 40 pips - and then full reversed - all within 40 mins - some move

 

[Forexmospherian]

EU

8 25 am

I think today - 2350 -70 are serious R's for the EU and big tests

Under both price areas - the EU remains in a bearish morning session price structure

News can soon change all - as we know - but now its really a 120 pip range or so - back up over 2350+ or do we test under 2240 and down more - coming out the HL's and HH's pattern of late

 

[Forexmospherian]

EU

8 43am

If you place a up trendline from low at 2278 area after 7 30 am up to 2315 and approx 8 30 am - then thats your dynamic support line to assist with levels

For now the EU needs top drop under 2320 and 2310 to fall out of a scalp up bias and test static supports

Above 2310 and 20 its still will test up again and maybe over 2325 and 2330

This last TW end at 8 39 am said scalp sell - but then its a case do we drop under both dynamic and static interim supports

 

[Forexmospherian]

with EU red news in approx 10 mins - will just look at some other pairs

AU

its been session bullish after 7 and 8 00 am opens

Price up over 60 pips and now at 8188 area

Pullbacks staying above 57 /60 can more than likely be looked at for scalp buys again

Need under 54 and 50 for holding sells on longer for larger falls

 

[Forexmospherian]

EJ

nearly 90 mins from first test on 145 80 -85 supports area - still not breached under and just bouncing still for now

Not it it atm - will be looking at new trades from after 9 00 am and after 9 30 am

 

[Forexmospherian]

9 00 am##

News

EU teasing up atm

 

[Forexmospherian]

Another non red news event

EU now at 2327 - 7 pips down from first rise

Indecision - not in a trade on it atm

2350 - 70 is all R's - so unless we break above both - I will be scalp selling during this 30 mins at some point

 

[Forexmospherian]

Well I hope the UK Pound news at 9 30 am as more effect

GU as carried on rising last 90 mins and now at 5610 area

Above 5580+ = price structure is changing to session bullish

 

[Forexmospherian]

Back for 9 30 am GU news next

 

[Forexmospherian]

9 27 am

3 mins or so to news

GU so far made 5635

Whilst in and above the 5600 price area- price is still bullish for now

Trouble is - this could be a set up - ready to sell off again after news

 

[Forexmospherian]

9 30 am

GU moves carries on up for now

so far 5660

 

[Forexmospherian]

9 32 am

GU now needs to stay above 5610 for more scalp buys -they can be held on if we test above 5660

However if a LH under 39 - then looks as though we might fall again

 

[Forexmospherian]

Another non red news event

EU now at 2327 - 7 pips down from first rise

Indecision - not in a trade on it atm

2350 - 70 is all R's - so unless we break above both - I will be scalp selling during this 30 mins at some point

9 35 am

30 mins after comment

Did I scalp sell - YES - but before GU news as was out at 2316

Its dropped further to 2302 so far - will look at more scalp sells and will try and get in on pullbacks staying under 2318

 

[Forexmospherian]

UChf

9 41 am

This pair is scalp bullish above 97 60 - and so with this pair looking at rising again in price - EU should fall again

Not bothering trading Swissy this morning - although it as been nice

Will stay with EU / GU / EJ and maybe AU and Cad later

 

[12WBT]

Think you might be talking to yourself.

I often do it, been sprung by the wife a few times talking to the pc.

 

[Forexmospherian]

9 32 am

GU now needs to stay above 5610 for more scalp buys -they can be held on if we test above 5660

However if a LH under 39 - then looks as though we might fall again

Comment 25 mins ago

bounced above 5610 - but no over 5640 and stayed under 5639

SO

Yes you are right - it was a scalp sell under 39 and now price at 5610/11

 

[Forexmospherian]

10 23 am

EU

Its the odd one out compared with GU and AU. Both of these pairs are now in a session bull structure - so after small pullbacks you expect further rises

However the EU needs above 2350 + to turn up and be in a session bull price structure

So far its only made 2339/40 and then fell and bounced again

Under 40 and 50 will look for more scalp sell - need above both to stay with scalp buys

 

[MajorMagnuM]

am following but immense cold also

 

[MajorMagnuM]

ej 175 holds so far,

 

[MajorMagnuM]

or not!