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

[Forexmospherian]

Interesting -

Updated 3 min chart on UJ

 

[MajorMagnuM]

god thats so many trades ago i will have to check!

 

[Fugazsy]

F

Somewhere you made a post about max risk per trade in proposition to the actual capital in steps, I cannot find it anymore, could you repost? Thanks

Fzsy

 

[Forexmospherian]

F

Somewhere you made a post about max risk per trade in proposition to the actual capital in steps, I cannot find it anymore, could you repost? Thanks

Fzsy

Hi Fzsy

I will have a look for it - but I can remember my own approximate levels for different capital amounts and will get around to mentioning it again on the other Intraday thread under like money management topic

Regards


F

 

[Forexmospherian]

Wednesday 24th December 2014 - Pre Opens

Good Morning and Seasons Greatings to all T2W members and guests

Not planning to do a full day - but after a new EU yearly low will be having a look at that pair this morning - along with a few others.

Also I am not away on a holiday to the New Year - so hope to get a few days trading in before all returns to normal in January 2015

I hope you have had a good year and of course that 2015 will be an even more profitable trading period

All the best and have a good day and I hope you have all got your wives or partners some special surprises for tomorrow ;-)


Regards


F

 

[Forexmospherian]

EU

7 02am

After a new daily and yearly low of 2166/7 yesterday - price pulled back to the 2188 area and supports are now being seen around 2170 -75

Not in any scalp trade for now although from 6 51 am it was a scalp buy around 2174

 

[Forexmospherian]

GU

7 06 am

Fell to 5485 price area and like the EU - pulled back - although to a higher level back over 5500 and towards the 5525/ 30 R area

Above 5505 and 08 I favour more tests at trying to breach through the 5530 R barrier

Would need under 5507 and 5496 to be scalp selling more or holding existing ones on for now

 

[Fugazsy]

Hi Fzsy

I will have a look for it - but I can remember my own approximate levels for different capital amounts and will get around to mentioning it again on the other Intraday thread under like money management topic

Regards


F

Morning F

yes let me know when you post it, I remember it was good, not long time ago....

Have a good day.

Fzsy

 

[Forexmospherian]

Looking at calender just to see if much going on this morning or Today

Notice red US dollar news at 1 30 pm UK time and also quite a few countries have a Bank Holiday today - ie Germany - Australia and NZ

So certainly does not look as though it will be as good as yesterday - and having a quick look at a few more pairs - all look still asleep and in boring small ranges for now

Some minor news on Swissy at 8 00 am and will check out EJ - see if that is up to anything

Back after 7 30 am frame change

 

[Forexmospherian]

7 31 am

EU

Well I had to at 7 09 am end of hr TW

It was 2176 and I am glad half of traders who look at my comments have not got a clue about my trading methods and understand how I trade

High so far 2186 - so down to 30% at 84 and will only keep that on above 75

 

[Forexmospherian]

EJ

7 35 am

Been similar to EU after 7 00 am

So far price rose up to 146 75 from approx 50 area

Pullbacks staying above 53 are scalp buys again with R's areas above 75 to approx 90

 

[Forexmospherian]

GU

7 39 am

Does need above 5528 and 33 to be holding scalp buys on

Bias above 5512 and 15 is bullish - but only if it can breach up above interim R's - otherwise it will just turn and test supports at 5500 / 05 area

 

[Forexmospherian]

7 31 am

EU

Well I had to at 7 09 am end of hr TW

It was 2176 and I am glad half of traders who look at my comments have not got a clue about my trading methods and understand how I trade

High so far 2186 - so down to 30% at 84 and will only keep that on above 75

7 48 am

EU at 2191

Exiting 30% stake at 21902

Will look at getting another trade on a buy if we stay above 84 on pullbacks

 

[Forexmospherian]

GU

7 39 am

Does need above 5528 and 33 to be holding scalp buys on

Bias above 5512 and 15 is bullish - but only if it can breach up above interim R's - otherwise it will just turn and test supports at 5500 / 05 area

8 03 am

GU

7 51 am - it started and then 5528 and 33 went and now price up at 5546 area

That was a great 4 mins of over 15 pip rise

still scalp bullish whilst we stay above 5539

 

[Forexmospherian]

EJ

7 35 am

Been similar to EU after 7 00 am

So far price rose up to 146 75 from approx 50 area

Pullbacks staying above 53 are scalp buys again with R's areas above 75 to approx 90

EJ

Approx 30 mins later

Price now at 146 81

We are in the R area now and with 2 min left to end of this TW

 

[be-positive]

quick visit could this be EU jumping on southbound train from 87 area

 

[Forexmospherian]

quick visit could this be EU jumping on southbound train from 87 area

YES

Its dropped under a support trendline at 88 - but 81 to 84 all supports

So for me - like a BTTZ

Need under 80 - to then try and sell on a pullback up

Or above 89 and 92 for looking at more buys

In between - difficult

 

[Forexmospherian]

EU

still in a mini BTTZ - so not in either way

EJ

Not given up yet in R area - another high now at 84

 

[Forexmospherian]

8 31 am

Dollar as been weak this last couple of hours so far

EU and EJ and even GU still scalp bullish as i type

Only in EJ atm

 

[Forexmospherian]

EJ

8 34 am

Got through first R area of 75 to 90 - next at 95 to 147 00

Hope to be able to scalp sell soon - under 147 03 ideally