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

[Forexmospherian]

UCad

2 43 pm

Made so far a high today at 2458 area

Above 2426 / 30 still in a bullish price structure for session - but in a pullback scalp sell under 51

UCad

3 14 pm

Stayed above 38 and was a scalp buy after 45 and 2 51 pm and gain at 3 02 over 2450

So far topped out at new high at 2465

Pullbacks staying above 54 still scalp buys again

 

[Forexmospherian]

taking 70% off scalp buy at 119 31/ 2 now and will leave 30% on with stop tight but in profit at 26

Hoping it might try over 35

Taken out 30% stop in profit at 26

Ideally would like to see if I can scalp buy above 119 18 now

Under 13 and 10 stay with any scalp sells you are in or take

 

[Forexmospherian]

EJ

2 57 pm

Still needs under 45 to hold any scalp sells on from after 2 30 pm

EJ

So far a double bottom at 135 34 / 35 over last 30 mins

Need to see over 45 and 50 to be holding scalp buys on longer for a try at a turn up

 

[Forexmospherian]

As i typed last comment on EJ - I made an extra 9 pips in less than 70 second

Nice

 

[Forexmospherian]

Taken out 30% stop in profit at 26

Ideally would like to see if I can scalp buy above 119 18 now

Under 13 and 10 stay with any scalp sells you are in or take

UJ

less than 15 mins later

It made 119 16 - and was just in the new TW by 2 mins

I scalp bought at 18 and so far made 22 and I have put stop at B/E on 100%

Lets see if it can try over 23+ - if i have to lose my spread if stopped out no problem - over daily target

 

[Forexmospherian]

UJ

less than 15 mins later

It made 119 16 - and was just in the new TW by 2 mins

I scalp bought at 18 and so far made 22 and I have put stop at B/E on 100%

Lets see if it can try over 23+ - if i have to lose my spread if stopped out no problem - over daily target

Just tipped out by about half a pip and now back at 21 - sods law - thats trading - the market wants your money and will not let a smart ar8e like me get away with tooo much ;-)

 

[Forexmospherian]

3 50 pm

GU

Thought so - now done another high at 5445 as I type

Would need to stay above 36 on pullbacks for more scalp buys

Under 28 and 19 - then be in scalp sells

 

[Forexmospherian]

UJ

3 53 pm

Just dropped under 119 15 /16 supports on a scalp sell at 3 51 pm down to 119 12.

Got to pop out on school run in 5 mins

Back after 4 45 pm or 5 00 pm

Exiting GU scalp buy and will put UJ on 30% with stop at 21

See you later

 

[Forexmospherian]

3 50 pm

GU

Thought so - now done another high at 5445 as I type

Would need to stay above 36 on pullbacks for more scalp buys

Under 28 and 19 - then be in scalp sells

GU

4 43pm

Topped at 5455 in 4 00 pm TW - and was not here to exit and not back in time to catch any pips over my 36 stop in profit - ;-((

Under 42 still a scalp sell - look for buys at 5423 to 26 area in a TW

 

[Forexmospherian]

EU

still a scalp sell on pullbacks staying under 1361/2 area

Need to breach under 45 and 40 to carry on then selling

Above 68 and 74 - scalp buys can be left in longer and different ball game then

 

[Forexmospherian]

UCad

3 14 pm

Stayed above 38 and was a scalp buy after 45 and 2 51 pm and gain at 3 02 over 2450

So far topped out at new high at 2465

Pullbacks staying above 54 still scalp buys again

UCad nearly 2 hrs later

We did not stay above 54 and basically under 2450 and after 3 30 and 3 39 pm - UCad was a scalp sell

We bottomed at 2422/24 at 4 00 pm and last hour - ( whilst I have been out ;-(( ) its been a scalp buy back up to 2457 area

Above 2446 on pullbacks look for more scalp buys need under 39 and 36 to scalp sell longer

Would need above 2470 + to hold scalp buy on longer above 2460 and 65 - otherwise a LH again

 

[Forexmospherian]

EU

still a scalp sell on pullbacks staying under 1361/2 area

Need to breach under 45 and 40 to carry on then selling

Above 68 and 74 - scalp buys can be left in longer and different ball game then

EU

Approx 20 mins later now down at 1338 and cut off is 45 on sells now

Looking to see where we might re buy it - 1320 or even lower ???

Need it to stop in a TW and last 30 mins with no new breach under the low

 

[Forexmospherian]

EU

Approx 20 mins later now down at 1338 and cut off is 45 on sells now

Looking to see where we might re buy it - 1320 or even lower ???

Need it to stop in a TW and last 30 mins with no new breach under the low

EU

5 17 pm


1333 as an interim low atm

Taken out 30% stake in profit after i moved it down under 45

Now low was not in a TW at 5 13 pm

Can it last 30 mins with no breach ??

Need over 47 and 51 to hold scalp buys on longer

Would only hold scalp sell taken under 38 if they make under 30 and 27 otherwise would look for scalp buys again

GL

 

[Forexmospherian]

EJ

Bottomed same time as EU at 5 13 pm at 135 11

Need 30 min rule and over 28 to hold scalp buys on longer

 

[Forexmospherian]

5 44 pm

In theory - EU - GU and EJ lows all held 30 mins now - that favours higher again next 30 mins

Trouble is we need to see scalp buy signs again - otherwise we will get a BTTZ

I have finished now - but will keep an eye on all 3 to see if I can get some more scalp buys on - or whether they do breach low by over 3 pips

It works maybe 70 % of the time - even 80% when you do it with correct PA and LRs and TWs

ie EJ - that one worked with scalp buy from 13 to 18 now with stop 2 pips

Got to update trade journal either tonight or tomorrow

See you later

Regards


F

 

[Forexmospherian]

6 45 pm

Popped back to see the effect of red US FOMC news at 7 00 pm UK time - ie in 15 mins

I did not bother scalp buying all three - EU / EJ / GU from low - just took it easy with EJ as that was the most consistent pair - still have 30% on after latest scalp buy above 20 and will move stop up to 29 now as we try over 36

 

[Forexmospherian]

6 50 pm ##

EJ

13540 /41 high - out 30% stake at 35 and cancelled stop

 

[Forexmospherian]

Prior to news

UJ and UCad are still session structure bullish - whilst EU under 1385 and 1400 is session bearish for now

As we know big news can change things very quickly - but would depend on the effect of the news - now in 3 mins time

 

[Forexmospherian]

AU and GU favour lower as well atm

 

[Forexmospherian]

7 00 am

Dollar weakness on first part