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

[Forexmospherian]

i dont know what you are thinking Neil - but for me there seems a lots of decoupling going on - ie correlations being changed and so no clarity ??

I still have the yen crosses bullish above interim supports and GU and AU bullish - but also Ucad ???

Strange set ups for now

 

[Forexmospherian]

7 32 am

I think time for a cup of tea - and lets see if any changes for next TW

 

[NVP]

usd under pressure again ..........will we get another bounce ?

N

well yes we did...only really the UCad took the prizes so far ........

 

[Forexmospherian]

well yes we did...only really the UCad took the prizes so far ........

Yes the UCad was another scalp buy from 7 21 am and 7 30 am on my set up

Will post a chart here in a few minutes

 

[NVP]

i dont know what you are thinking Neil - but for me there seems a lots of decoupling going on - ie correlations being changed and so no clarity ??

I still have the yen crosses bullish above interim supports and GU and AU bullish - but also Ucad ???

Strange set ups for now

its messy ...............main issue I have is that I like trading European usd pairs on London session..................I'm happy as larry calling the usd ........nice bull bounce recently ..................but not many Europeans getting hit .......

cad is always a nice backstop if needed

N

 

[NVP]

usd looks prime again

 

[NVP]

no Europeans are looking weak ..............dammit !

 

[NVP]

now they are ..............GBP was the high ball..........came off 64 for 10 pips now possible nice retrace now rolling

 

[Forexmospherian]

At least now the EU and EJ are falling together - whilst GU another morning high at 5465 and UCad up at 2613 now

 

[Forexmospherian]

I think the EU will test the 1320 / 22 supports next - and if under then maybe down to 1310 and 1300

 

[NVP]

ucad is the play ............boyoboy that's a great pairing

 

[Forexmospherian]

7 55 am

At least UCad is doing what it should do - and so far the PA as been nice

Up at 2619 and I am down to 30% stake here as first entry as now gone over 15 pips

 

[Forexmospherian]

ucad is the play ............boyoboy that's a great pairing

With you on that one N

i will stay with my 30% now on pullbacks staying above 2609

 

[NVP]

At least now the EU and EJ are falling together - whilst GU another morning high at 5465 and UCad up at 2613 now

agreed ..........many years back I had a basic system available on my thread that dictated you only traded the usd and yen pairs when the usd index and yen index were moving together

pretty simple concept .........if the 2 big movers are aligned it means more chance of the other currencies being opposed ..........not rocket science and I hung the usd yen team partnership off of the carry trade concept


N

 

[Forexmospherian]

8 00 - London Open

maybe now we might get some play and changes

 

[Forexmospherian]

EU was a scalp sell at 8 01 am - but without going under 1320 - then its just a 3 or 5 pipper

 

[Forexmospherian]

EU was a scalp sell at 8 01 am - but without going under 1320 - then its just a 3 or 5 pipper

EU

8 04 am



Made 1318 and I exited at 20 - nice quick 8 pips

 

[NVP]

sorry guys - got to pop out

later
N

 

[Forexmospherian]

i think now I will look at selling EU again on pullbacks staying under 1328

 

[Forexmospherian]

sorry guys - got to pop out

later
N

See you later N and have a good day

Regards


F