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

[dearlife1989]

its amazing but ultra slow man... and because of that it makes you trade against the bigger trend because you are bored and then you loose BIG TIME

 

[Forexmospherian]

EU - Monday morning from London Open

EU - 1 Min LR Chart

 

[Forexmospherian]

its amazing but ultra slow man... and because of that it makes you trade against the bigger trend because you are bored and then you loose BIG TIME

You have explained why at one time I never bothered with the EG / UChf / UJ - i used to find them too slow - and sometimes I would think great - i have made say 7 pips on the UJ and I looked then at the EJ and in same time it had moved over 20 pips - but the spread was only less than 1 pip more.

The GJ and some other can be too fast for comfort whilst you go through you learning stage - but normally EJ / GU and EU ( sometimes ) hit a nice balance

 

[Forexmospherian]

EU

now 11 45 am and 11 39 am onwards was the scalp sell from 1236 area

Need under 22 and 12 to stay with sells - otherwise treat it a scalp and just take afew pips

 

[dearlife1989]

Yeah you are right haha

ps. yes GJ is too fast for comfort... its dangerous...plus THAT SPREAD... it can make you money but it can also make you sell cookies outside the church every day for the rest of your life

 

[Forexmospherian]

UCad

11 18 am

We need to watch the 30 min rule on interim low now -ie 82 at 11 05 am and I reckon if we stay above 85 - we should be able to scalp buy again

Under 84 and 79 favours more sell

11 49 am

We stayed above 85 and no breach after 30 mins - all favoured scalp buys

So far made 2504

Only in on 30% now with stop in profit tight at 95

 

[Forexmospherian]

11 49 am

We stayed above 85 and no breach after 30 mins - all favoured scalp buys

So far made 2504

Only in on 30% now with stop in profit tight at 95

12 11 am

Ucad

It made 2506 and after 12 00 pm - and 2503 it became a scalp sell

I exited my 30% stake and sold late at 2501 - so maybe got to get out fairly quick unless we make under 94

 

[Forexmospherian]

EU and EJ both became scalp buys again after 12 00 pm /midday

Not in either atm as took UCad only

 

[Forexmospherian]

GU

12 22 pm

Not done much on this pair this morning - its been stuck in a 30 pip range and was a scalp sell after 11 21 am and 11 30 am - ( check it out on 1 min LR chart set up)

12 09 pm - turned it to a scalp buy at 5399 / 5400 - but for me its in a BTTZ atm - so nead more clarity and clues etc

 

[Forexmospherian]

12 11 am

Ucad

It made 2506 and after 12 00 pm - and 2503 it became a scalp sell

I exited my 30% stake and sold late at 2501 - so maybe got to get out fairly quick unless we make under 94

UCad

12 43 am

It made 2490 in the end and I got out when it became a scalp buy after 12 30 pm at 92

In a BTTZ now between 2510 and 2480 - 30 pips - need to break out for me to get interested again

 

[Forexmospherian]

Check out exactly 12 30 pm and 1238 /9

A perfect scalp sell set up after wards with about 4 lrs all over after 12 21 pm

Need really under 1220 to stay with it


Sorry missed out saying this was on EU - my mistake

 

[Forexmospherian]

1 32 am

I will post my EU chart in my trading journal later on today - simply because the TW's and LR's have matched up so well

We have just seen a bit of dollar strength come in on 1 30 pm news - which was NOT red and high priority

Next major red news at 3 00 pm

Having a late lunch - but back before next news and after 2 00 pm or so

See you later

Stay Focused

F

 

[tdezo]

EURJPY, trend shift, hence long from 80's , + 32 ticks

spinola , what made you think there was going to be a trend change at your green up arrow, seems more like first leg of beginning of a downtrend?

 

[Forexmospherian]

2 21 pm

EU

at a key level

under 1223 and 19 - scalp sell

Above 1233 and 41 - scalp buy more

In the 10 pips in between - wait for more clues

 

[Forexmospherian]

2 23 pm

EJ

Similar set up to EU

Above 134 37 and 40 favours scalp buys

Under 134 33 and 30 favours scalp sell

In the 5 pips or so in between levels - await more clues

 

[Dinos]

GU

12 22 pm

Not done much on this pair this morning - its been stuck in a 30 pip range and was a scalp sell after 11 21 am and 11 30 am - ( check it out on 1 min LR chart set up)

12 09 pm - turned it to a scalp buy at 5399 / 5400 - but for me its in a BTTZ atm - so nead more clarity and clues etc

Hi Peter, enough clarity for me on the 10 minute chart, 2 lovely swings today followed on from 4 similiar swings on Friday., all for RR 1:2, Can't beat a good bit of swinging , only jesting.

Hope your tradings going well

 

[Forexmospherian]

Hi Peter, enough clarity for me on the 10 minute chart, 2 lovely swings today followed on from 4 similiar swings on Friday., all for RR 1:2, Can't beat a good bit of swinging , only jesting.

Hope your tradings going well

Well Done Rob

I love a good swing me self ;-) and you cannot grumble at a few trades all winning and making RR's of 2

I got GU as a scalp buy after 1 30 pm and 1 51 pm - but for me needed above 5400 to stay with it and so far cannot get over 94

Good Trading and have a great March


Regards


Peter

 

[Forexmospherian]

Red US Dollar news in approx 15 mins at 3 00 pm UK time

 

[Forexmospherian]

2 51 pm was scalp buy on GU again from its HL at 5375/6

Trouble is - too close to red news at 3 00 pm

Ok for a quick scalp and maybe 5 -7 pips it would have been OK - but too late in the afternoon for me to be taking quick scalps ;-)

 

[Forexmospherian]

2 21 pm

EU

at a key level

under 1223 and 19 - scalp sell

Above 1233 and 41 - scalp buy more

In the 10 pips in between - wait for more clues

2 57 am

scalp sell got so far to 16 and exiting at 17 before news