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

[Forexmospherian]

Notice the EU not been doing much at all

GU from 3 30 pm a nice 45 pip rise and then a 20 pip + drop after 4 00 pm

AU similar times and 30 pip rise

EJ - very volatile with lots of 10 -25 pip scalps going on - but not maybe for the inexperienced

EU meanwhile as I said - not easy and not a lot of movement

 

[Forexmospherian]

EJ

4 42 pm

We did not stay above 135 08 - and so no more scalp buys

For us to hold scalp sells on longer we need under 134 88 and 84

Currently at 134 97 after a 95 low this time - this is still in a BTTZ area - are really its best to wait until we are out of it - one way or the other

 

[Forexmospherian]

5 17 pm

I have finished now for the day on scalping etc

Plan to answer NVP 's earlier question on the trade journal thread - ie the devil in the detail title a bit later on

I hope you have had a good day

For now still looks as we have some dollar weakness - with GU / AU / EU rising and Ucad pulling back

See you tomorrow


Regards


F

 

[Forexmospherian]

UCad - after 5 21 pm and 5 30 pm

I had basically finished scalping after 5 00 pm and was only still at my desk because of a phone call from one of my cousins.

Whilst I was watching the charts and after I had come out of a Ucad sell - I could see a perfect set up starting

Its after London Close and normally I don't bother - but this looked a great set up

And - yes it was

I am posting 2 charts - first one with the scalp trade and I came out after 30 mins with 70% and left 30 % on

Another hour later - see where it went up

YES - my best trade of the day - at after I normally finish

Must buy my cousin a nice bottle of scotch - I am so glad he rang me - ;-)

Charts below - with TW's for scalp etc

 

[Forexmospherian]

Slightly different with me not being here for the London Open

Brief updates on key pairs until I get back

EU -

Price 1330 area and in a 300 pip range for me - between 1240 and 1540. For this morning - immediate range to BO - from 1265 to 1365 - say 100 pips - with bias atm fairly flat

Above 1345 and 55 favours scalp buys and under 1315 and 1300 favours scalp sells


GU -

Intraday range - 5195 to 5355 - say 160 pips with price currently at 5241

Above 5250 and 67 favours scalp buys - whereas under 5235 and 5210 favours scalp sell and tests of the 5200 support area

EJ -

A 260 pip range from say 132 65 up to 135 25 - with price atm at 134 34

Over 134 55 and 72 - favours scalp buys to test 135 and under 134 15 and 134 00 favours scalp sells

UCad -

Price atm at 2454 with a 120 pip range for now. Above 2482 + scalp buys for 2500 + and under 2427 scalp sells for 2400 supports

A lot of pairs are fairly Flat this morning

This should change after the LO


See you later


F

This was a quick view at just after 7 00 am and European Open this morning - and before I popped out for about 90 mins or so

Interested to see how it compares with tomorrow AM ( Wednesday ) at a similar time

See you in the morning

Regards


F

 

[Forexmospherian]

Wednesday 11th February 2015 - Pre Opens

GM to all FX Intraday Traders

Half way through the second week of February and so far a busy one

I have got a school run and also an early appointment this morning - so out between 7 50 am and approx 9 30 am today - but then in and around for most of the day.

Not checked the calender this morning and will also do a quick review update like yesterday on a few key pairs etc.

All FX Intraday traders are welcome to join in with their views and comments and of course any questions are welcome

Have a good day

Regards


F

 

[Forexmospherian]

The 2 main movers from yesterday seem to be the UCad and the yen crosses

Today - Japan as a Bank Holiday

Other pairs - especially the EU have not moved out of their immediate ranges

 

[Forexmospherian]

7 13 am

Got a slight problem this morning copying and pasting the 4 key updates - and revising them from yesterday.

Already done it - but not appeared - so going to check out what's happened

For now - the markets look very slow - but that could soon change in the next TW in 6 mins time

 

[Forexmospherian]

7 17 am

I will start with the 2 Yen crosses I normally trade - the EJ and UJ - as both were good movers from yesterday

The UJ is up at 119 60 area - after making 66

Supports from 119 20 and 30 - and we need a breach above 72 and 78 for a try up to 120 00 area

Currently a scalp sell from 7 00 at 65 - but we should be able to scalp buy above 48 /50

 

[Forexmospherian]

7 20 am

EJ - similar to UJ and a scalp sell from 7 00 am at 135 38

 

[Forexmospherian]

Got a few problems with this site this morning - I reckon I will exit it and then try again

Give me a few mins - In case i need to reboot

 

[Forexmospherian]

7 29 am

UJ

It fell only to 119 55 from 65 area and a scalp buy was on from above there ad now we have a new morning high of 119 72

Above 64 on pullbacks and we should be able to scalp buy again - as structure for morning session so far is scalp bullish above 45

 

[Forexmospherian]

7 20 am

EJ - similar to UJ and a scalp sell from 7 00 am at 135 38

EJ fell to 135 20 and then bounced with 7 21 am onwards - being a scalp buy again - which so far as made 135 40

Slightly different strength than UJ - dollar is showing stronger against the yen on these two pairs with EU weaker atm

This is also shown with EU falling in last 30 mins - but only 10 pips - and i will cover that pair next

 

[Forexmospherian]

EU

7 36 AM

Under 1322 - the EU is a scalp sell - so far falling to 1304.

Supports are there and 1300 area and then 1290/95

Bounces staying under 1318 should be able to be scalp sold again

 

[Forexmospherian]

GU and AU - like EU atm - ie price structure favours bearish moves for this early session

Remember this can all change after London Open though - and I will not be here for that - but back for 9 30 am ish

Might update of a tablet in between - but only take new trades from desk and my monitors set ups etc

Got to get ready in next 5 mins

 

[Fugazsy]

GM F

Volatility reigns

 

[Forexmospherian]

G

Morning F

Volatility reigns

Morning Fugazsy

Back now - missed last 90 mins

Just going to go through what's been happening

Have a good day

Regards

 

[Forexmospherian]

EU

9 31 am

Still flatish in a range from 1300 to 1330 with price at 1314 - Boring

We need to see a proper breach either way - and although there is Eurogroup meetings today - no major news time

That could be tricky - and we need to take care on this pair on hour and half hr changes

 

[Forexmospherian]

UJ

I did make some pips on this pair early on with scalps - and we did manage to test 119 79/80

Above 119 50 /55 - we are still in a bullish session price structure

Will look for more scalp buys above that interim support area

Need under 45 and 35 to be holding any scalp sells on

 

[Fugazsy]

Morning Fugazsy

Back now - missed last 90 mins

Just going to go through what's been happening

Have a good day

Regards

EU, started from franky with two nice swings both ways, I got one, then she went in a schizophrenic tight range, I will no trade it and I will finish early....Have good day.