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

[dearlife1989]

ultra luck EG

 

[Forexmospherian]

EU and EJ both bullish after 8 00 am and LO

Both can be looked again for more scalp buys if pullbacks stay above 1425 / 30 on EU and above 135 65 /70 on EJ

EU and EJ - approx 23 mins later

We did not stay over levels for more scalp buys and under 65 on EJ an 25 on EU - we had scalp sells

Now approx 15 - 20 pip lower we need to find more supports for bounces after hr change and scalp buys

Suggest 45 /50 on EJ and on EU 1400 or 1405

 

[Forexmospherian]

GU

9 36 am

It as been a scalp sell from 9 09 am and 9 21 am so far dropping 14 pips

5538 to 41 is interim support - so will we get a bounce and a scalp buy next ??

10 pip bounces seem to be all above 42 for now - 3 so far but one only 7 /8 pips

PA on GU is not the best - OK for quick scalps - but not nice and easy

 

[Forexmospherian]

ultra luck EG

Hope you EG is going OK - not got a chart up for now as added UChf but still not intending to trade that pair - but will stay with key 4 -6 for now

Have a good day DL

Regards


F

 

[Forexmospherian]

AU

10 00 am

Another pair that as fallen after both opens - now down at 7758 / 60 area

Like EU and EJ - looking for scalp buys after this hr change - but still not lining up for now

 

[Forexmospherian]

EU and EJ - approx 23 mins later

We did not stay over levels for more scalp buys and under 65 on EJ an 25 on EU - we had scalp sells

Now approx 15 - 20 pip lower we need to find more supports for bounces after hr change and scalp buys

Suggest 45 /50 on EJ and on EU 1400 or 1405

We have had the hr changes - but still no proper line up for scalp buys

EU bouncing from 1390 and EJ from 135 42 - but not really ready for buys

Will they be for 10 09 am ??

 

[Forexmospherian]

This is where if you are scalp selling you leave part stake on - and dont exits to after any buys - with stops in profit

Both EU and EJ are still going under interim support areas so you can gain off scalp sell part stakes whilst awaiting the interim lows

Any bounces under 7 pips are not really strong enough for now - we need to see levels holding for at least 5 mins and then of course bounces over 10 pips + as well as LR structure going under their low prices

 

[Forexmospherian]

10 07 am

1385 EU and EJ - 135 34

Can we get over 10 pip bounces

If so look for scalp buys on pullbacks staying above lows

Then 30 min rule

Ideally we need over 56 on EJ and really over 1412 on EU

Otherwise - we know we will then get scalp sells again to test the lows during the 30 min pending period

 

[Forexmospherian]

10 11 am

This last 30 and 60 mins - the UCad / UChf and UJ have all enjoyed nice rise with the dollar strenth

Get ready to scalp sell them all if the 30 min rules work out on interim lows and highs etc

 

[Forexmospherian]

GU

Been a scalp sell from 10 09 am and 5445

Would need under 34 to hold on longer

 

[Forexmospherian]

I still find it stange when I scalp buy the EU and scalp sell the GU at the same time - still not used to it after 7 yrs of scalping full time

The power of decoupling

Back after 10 35 / 39 am

 

[Forexmospherian]

GU

Been a scalp sell from 10 09 am and 5445

Would need under 34 to hold on longer

 

[Forexmospherian]

10 07 am

1385 EU and EJ - 135 34

Can we get over 10 pip bounces

If so look for scalp buys on pullbacks staying above lows

Then 30 min rule

Ideally we need over 56 on EJ and really over 1412 on EU


Otherwise - we know we will then get scalp sells again to test the lows during the 30 min pending period

30 mins later

EU 1404 and EJ 135 53 area - so really approx 25 -27 pips between the 2 of them

The GU scalp sell was worth 9 pips on 70% and 12 pips on 30% stake

So not a too bad last 35 mins or so

 

[Forexmospherian]

10 11 am

This last 30 and 60 mins - the UCad / UChf and UJ have all enjoyed nice rise with the dollar strenth

Get ready to scalp sell them all if the 30 min rules work out on interim lows and highs etc

They would have each been worth 8 -12 pips each in last 30 mins

Only got UCad scalp sell after 10 21 am and 10 30 am

 

[Forexmospherian]

For this TW at 11 00 am - it looks as though there is still dollar strength and we need to see if we try now high on the UJ and UCad

PA is not that hard atm with EU / EJ and GU falling again whilst the UJ and Ucad try back up again

The key will be from 11 00 am to say 11 12 am - to see if we get change again - or still a dollar up bias

 

[Forexmospherian]

Going to post some other charts on the Devil in the Detail thread today

One will be the AU after 10 00 am#

Last 90 mins it gone up nearly 40 pips and close to 7800 now

 

[Forexmospherian]

Going to post some other charts on the Devil in the Detail thread today

One will be the AU after 10 00 am#

Last 90 mins it gone up nearly 40 pips and close to 7800 now

AU

Price made 7801 before 11 39 am - set up for a scalp sell under 7799

Supports 86 area

 

[dearlife1989]

F what you think is it OK to scalp small moves (6 - 10 pips) using only T21 and T34 charts? Or you NEED 1min chart too?

 

[Forexmospherian]

AU

Price made 7801 before 11 39 am - set up for a scalp sell under 7799

Supports 86 area

12 06 pm

Price now made 7787

Will exit 100% with 10 pips and see you after 1 00 pm again

 

[Forexmospherian]

F what you think is it OK to scalp small moves (6 - 10 pips) using only T21 and T34 charts? Or you NEED 1min chart too?

Its fine to use either of the 2 tick charts for scalps say under 10 pips - in fact better than 1 min

The normal down side is keeping an eye on the bigger picture ie last 3 hrs plus and also seeing other levels

Most tick charts dont open up long enough - so always check say the 3 and 5 min view as well so not to get too isolated from the bigger moves

I know MM loves using the T21 and even lower - so please you try it out

Have a good day


See you later


Regards


F