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

[Forexmospherian]

GU - price now at 6454 - and still trying up although spluttering - if we can breach 60 then next R's at 68 -72 area,

Would only scalp sell GU atm if it fell under 51 and touched 48

 

[Forexmospherian]

Hi F,

Here to watch and learn........


Pete

Morning Pete

late start for me - but doing a general review ob my key pairs.

In GU atm with scalp buy - need over 60 then it might try 68 -72

 

[Forexmospherian]

Will put some charts up this morning and explain what we look for at hr and half hr changes

Keep refreshing your browser to get comments every min or so

 

[Forexmospherian]

Pete - get your won EU / GU and swissy charts up on 1 min frames - can be naked for a start.

Then put some vertical time lines every 30 mins

 

[Forexmospherian]

GU as managed to breach 60 and make 64 - still in it - but if we dont breach 65 and 67 - will take 70% off scalp buy off

 

[pete_tong]

Pete - get your won EU / GU and swissy charts up on 1 min frames - can be naked for a start.

Then put some vertical time lines every 30 mins

Will do.....

 

[Forexmospherian]

EU - PA not too nice atm - if you put up say 6 different 1 min charts - EU / EA / EJ / GU / Swissy / AU

we ideally want to trade the pairs with the nicer smoother PA - ie less spikes and jumping

GU for me was ok last hr in terms of PA

 

[Forexmospherian]

GU - OK - 64 is temp top - so all out at 64624 - 60 is back to scalp sells - but not in that one for now

 

[Forexmospherian]

EU - broken under this morning low of 3645 and made 38 so far.

Still a scalp sell under 47 and now needs under 29 to hold it - otherwise at half hr time frame - we might be able to look for scalp buys

 

[Forexmospherian]

EA - also done another low and EJ falling again now - not in these yet - but will be looking for set ups next half hr on these pairs

 

[Forexmospherian]

As we would expect - Swissy another high this morning at 9011 - above 9004 still bullish - so if in - either scalp sell for 2- 7 pips - but look at rebuying over 9004. If 04 goes then dont look for any more scalp buys for now

 

[Forexmospherian]

As we enter half hr change - EU low at 3636, - bouncing here - so exit scalp sells - full or part depending on your own bias.

Will now see if we stay above yesterday low of 29 - 3630 area is support

 

[Forexmospherian]

Swiisy made 9014 - take some of scalp buys or hold if you think its as more up - and EU will breach its low

 

[Forexmospherian]

EU - for me still trying lower under 3640 - but need 29 and 26 to let go for further drops

 

[Forexmospherian]

What do you reckon SCM - under yesterday's low before end of time window at say 8.39 / 40am ??

 

[Forexmospherian]

EU - present low 3632 and its trying to hold ?

Need to wait next 5 mins - or if we bounce over 40 - then it might be over for now

 

[Forexmospherian]

Not bothered with GU after exiting scalp buy. Under 60 still a scalp sell - and over 62 and 66 scalp buys

News later on pound as well

 

[Forexmospherian]

EU - we have touched 40 - and not breached 3632.

Difficult one here - I am out all scalp sells now - but would reenter - only under say 26 - as price might do a trick now ??

 

[sonofcablemonster]

What do you reckon SCM - under yesterday's low before end of time window at say 8.39 / 40am ??

i got chopped up a bit in the last 30 mins. will likely wait until 9am now to get a steer

 

[Forexmospherian]

EU - 32 was the low for now - and 34 and 36 said scalp buy.

Need now over 43 and 45 to hold scalp buys on longer.