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

[Forexmospherian]

12 51 am

Not been able to stay above dynamic TL support at 74 and now testing 71

Bounces staying under 77 are still scalp sells again - but difficult here as we could be going into a BTTZ area - so would then leave alone

Ucad

made 76 - just under 77 - and then dropped down as a scalp sell to 2363

13 pip available in 6 mins there - anything over 7 or 8 pips on that - WD

Ok - break for lunch

See you a bit later

 

[Forexmospherian]

1 09 pm

EU

Price made 1449 by midday UK time

Now at 1422 area and above 1400 still in a session bullish bias with more buys available over 1432 and 1455

Under 1400 and 1390 - look for sells down to 1370 and 1340 /50 support areas

That will be it for today - unless we get big news from Eurogroup or from other news later on

GL

Regards

F

Just posted a EU update on the general EU / GU thread - as above


See you later

 

[Forexmospherian]

2 05 pm

EU

was a scalp buy from 2 00 pm at 1415 /6

 

[Forexmospherian]

EU need above 1432 /35 to stay with scalp buys - otherwise take what you can get as profit

 

[Forexmospherian]

EJ

2 08 pm

Similar to EU as a scalp buy from 1 51 pm and 2 00 pm at 135 52

Needs above 77 and 82 to stay and hold it on longer - otherwise take what you can

 

[Forexmospherian]

UJ

Missed scalp buy from 1 39 pm and 1 51 pm and even 2 00 pm - as was concentrating on EU and EJ

Still only made 11 pips though - so maybe I have not missed out too much as up over 30 pips on the other 2 now

Must exit 70% stake to be safe

 

[Forexmospherian]

I came back to desk approx 1 50 pm and was just in time for nice moves starting

You cannot always be lucky with your timing - but after doing FX trading for years full time - you get a feel of what might be played etc etc

Not planning to take a lot of trades this afternoon - but hope to be around after 5 00 pm and red swiss news etc - as that could be used for further moves etc

 

[Forexmospherian]

EJ - you can see now why its my favorite


Will post a chart and now up 25 pips from 2 00 pm TW

 

[Forexmospherian]

EJ - Scalp buy from 2 00 pm TW

EJ

2 08 pm

Similar to EU as a scalp buy from 1 51 pm and 2 00 pm at 135 52

Needs above 77 and 82 to stay and hold it on longer - otherwise take what you can

EJ - I Min LR Chart for scalp buy

 

[Forexmospherian]

EU need above 1432 /35 to stay with scalp buys - otherwise take what you can get as profit

EU

2 30 pm

It stopped at 1431 - so you could not carry on holding it as a scalp buy

Hopefully under 27 and then after 2 21 pm you sold

Unfortunately - i did not - as was so pleased with my buys on both this pair and EJ - was not keeping an eye on the fall

Price dropped now to 1409 in this half hr time window

Any bounces need above 1416 and 21 to hold on as longer scalp buys and supports around 1400 area

 

[Forexmospherian]

2 35 pm

UCad

as made now 2405 from its scalp buy after midday and 1 00 pm and 2367 - 75 area

Needs to stay above 75 on pullbacks for any more scalp buys etc

Under 72 and 60 be in scalp sells for more falls down to next supports

 

[Forexmospherian]

2 42 pm

EJ

Its now pulled back from it scalp buy high of 135 83 and now 135 50 is a crucial support area

Need to see what lines up after 2 51pm - and there is some minor news at 3 00 pm as well
For now under 67 still a sell - will 45 -50 hold or not ???

Dont know for now - but might know in 10 - 20 mins

 

[Forexmospherian]

2 49 am

As of know before the new TW - both EU and EJ still look scalp sells

Can the next 9 mins change that ??

 

[Forexmospherian]

Some minor US news in 2 mins

Meanwhile EU and EJ just treading water

 

[Forexmospherian]

Both EU and EJ could be scalp bought at 2 59 / 3 00 pm - with EJ OK from 2 52 pm

Take what you can though

 

[Forexmospherian]

3 07 pm

As you might guess - the EJ is the better scalp buy

Now up 18 pips from low and 12 pips for me - down to 30% stake

 

[Forexmospherian]

EU

Not worked - was ok for max of 3-4 pips - but under 1400 - became a scalp sell again with another low at 93

Would need back over 1404 and 7 to relook at scalp buys now

 

[Forexmospherian]

Shame but taken out 30% stake on EJ buy at 55 - that was still in a small profit though - so the EJ scalp was 12 pips on 70% and 6 pip on just 30%

Not dropped under low - but can it hold 30 mins from 2 51 pm with no breach now ??

 

[patient pip]

GBP i doing great job today,,3rd time killing stop on each opposite time at H/L swings

 

[Forexmospherian]

GBP i doing great job today,,3rd time killing stop on each opposite time at H/L swings

Excellent - Well done PP

I hope the LRs and TW's are assisting etc

Think I am going to have a rest for 15 mins or so

The EJ as still held as another scalp buy - but needs EU to stop falling to really move up any more

GL and see you in a bit again