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

[Dinos]

nice rob 5min ?

Yes, backed up by tick

 

[Forexmospherian]

EU

2 26pm

I am looking at scalp buying again at the 1290 /94 area if it lines up OK in this TW

Under 87 and 83 still a sell

 

[Dinos]

Do you trade the EJ - as I like that pair better than EU and this mornings fall from after 8 00 am and LO was 130 pips in total - before then a 50 pip retrace ?

F

I didn't trade it Peter, however, I put a chart up showing where my entries would have being, you know the pattern by now.

 

[tdezo]

2 Lovely swings on EU this am

Why those entry candles , why not 1 before or 1 after?

 

[Forexmospherian]

AU

2 11 pm

I am selling under 7815 and from after 2 pm as now we might test supports as 7800 area

AU

15 mins later and takings its time to fall

7807 and supports from 7800 to 7803 on an interim basis

 

[Forexmospherian]

EU

2 26pm

I am looking at scalp buying again at the 1290 /94 area if it lines up OK in this TW

Under 87 and 83 still a sell

Missed the scalp buy at 1301

Its moved up 18 pips so far and still looks scalp bullish for now

 

[Dinos]

Why those entry candles , why not 1 before or 1 after?

Rules of the system, entry is on the 2nd point IF the preceding candle is a trending candle, if its not a trending candle, I don't take the trade.

Repetition and clarity of entry conditions.

 

[Forexmospherian]

EJ

Lining itself up for a sell in the 60 / 70 area in next TW I reckon

 

[Dinos]

tdezo, if you look at the EJ chart I put up, you will see, the entry into the position would have being the same every time on the 2nd Point, each trade showed the same pre trade pattern, ie, the candle prior to entry was a trending, with its preceding candle being and indecision candle. Might be clearer if you look at that one.

 

[Forexmospherian]

Missed the scalp buy at 1301

Its moved up 18 pips so far and still looks scalp bullish for now

EU

should be a sell in 3 00 pm TW ideally under 1340 /45 - supports 1320 for now

 

[Forexmospherian]

EU

should be a sell in 3 00 pm TW ideally under 1340 /45 - supports 1320 for now

Cannot make over 1335 for now 32 first scalp sell

 

[Forexmospherian]

EJ

Lining itself up for a sell in the 60 / 70 area in next TW I reckon

Touched 60

Then fell

price low so far 46

Would need above 66 to look at scalp buys - but would exit any sells over 62

 

[Forexmospherian]

EU

2 59 pm

Needs really above 1340 and 44 to be scalp buying again for now

 

[Forexmospherian]

Buys came exactly on hour change on EU and EJ

 

[Forexmospherian]

AU

2 51 pm and 3 00 pm - scalp buys

Now trying 7832 and pullbacks staying above 21 should be be looked at for scalp buys again for now

 

[Forexmospherian]

Interesting

EJ still not in my buy zone over 66 - but out sells for now

EU testing 1347 for now - on 30% stakes now with stop at 36 for now

 

[Forexmospherian]

Looks like 1347 high for EU and 134 65 on EJ

Can both last 30 mins with no breach ???

 

[Forexmospherian]

EU

should be a sell in 3 00 pm TW ideally under 1340 /45 - supports 1320 for now

In the end high 1347 and so far tested 1322 with first supports around 1320

 

[Forexmospherian]

EJ

Lining itself up for a sell in the 60 / 70 area in next TW I reckon

Had 2 scalp sells on EJ

First one made 9 pips from 60 and second one - made 134 40 low - so out 70% at 134 43 and hold 30% on with stop in profit at 57

 

[Forexmospherian]

looks as though 3 30 pm and 47 /49 was a scalp buy

so exit that 30% stake sell now at 53