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

[Forexmospherian]

7 50am

10 mins to London Open - and the markets this morning - maybe just the London Banksters have had fun playing this morning - doing their best in last 40 mins to try and do double whammy's and catch both bulls and bears etc

Glad I scalp - intraday swing last hour would have been difficult,

Back after 8 00 am now

 

[Forexmospherian]

EU

8 00am

Just an update

We are in a range and really we need back above 0940 and 60 to be holding buys on longer for a try back up

Under 0910 and 0890 - then - we have to look more at sells again

In between - let them play or just scalp for the 3-7 pip stuff

 

[Forexmospherian]

AU

8 05 am

maybe one of the only consistent pairs this AM

Its been falling from 6 30 - 7 00 am and after 7 39 am

Although only approx 35 pip fall - its been a nice one - with no pullback over 10 pips - all consistent

I have 2 supports at 7620 and 40 areas with price at 68 atm

 

[Forexmospherian]

UJ

Missed UJ scalp buy at 7 51 am - the start of the 8 00 am TW

Its started at 54/55 and as just seen a high at 69 - so a nice 12-13 pip scalp there and also 119 69 is a new morning high

Above 119 50 this pair looks more session bullish this morning

 

[Forexmospherian]

Interesting the UJ scalp buy was in sync with EJ move up and also dollar weakness coming in at 8 00 am - seeing the EU / GU / AU etc turn back into scalp buys - whilst the other 2 U's - UChf / Ucad saw scalp sells take place

 

[Forexmospherian]

EU

8 15 am

Without the EU making over 0940 and 50 - it will stay in a bear bias for this next hour

Supports on EU for now at 0922 and 0912 - so if we see both these let go - then make sure you are in scalp sells for a try at 0900 area

 

[Forexmospherian]

Interesting the UJ scalp buy was in sync with EJ move up and also dollar weakness coming in at 8 00 am - seeing the EU / GU / AU etc turn back into scalp buys - whilst the other 2 U's - UChf / Ucad saw scalp sells take place

EJ

8 22 am

My favourite just deserved its title

It just gone up over 40 pips from 8 00 am - No did not get them all - but over 60%- so pleased

 

[Forexmospherian]

Whilst the EJ moved up 40 pips in that move - UJ only approx 14 pips in same time - and did not take that pair - but at least got the best mover

 

[Forexmospherian]

AU

8 05 am

maybe one of the only consistent pairs this AM

Its been falling from 6 30 - 7 00 am and after 7 39 am

Although only approx 35 pip fall - its been a nice one - with no pullback over 10 pips - all consistent

I have 2 supports at 7620 and 40 areas with price at 68 atm

8 30 am

AU

It never dropped under 7666 and after 8 09 am and 8 21 am its been favouring scalp buys

We would need to see above 95 to stay with them at 90 -93 is all R

 

[Forexmospherian]

8 50 am

Will pop back for 9 30 am UK Pound news and look more at the GU - that so far as been very crafty with its moves

Above 4890 and 4900 - the session favours testing higher and trying to breach above 4930 and 50

We need under 4880 and 70 to be taking or holding on to scalp sells for a test lower

OK back in a bit


Regards


F

 

[Forexmospherian]

EU

8 00am

Just an update

We are in a range and really we need back above 0940 and 60 to be holding buys on longer for a try back up

Under 0910 and 0890 - then - we have to look more at sells again

In between - let them play or just scalp for the 3-7 pip stuff

EU

9 17 am

We have just seen a 40 + pip fall on the EU down under 0900 and under 0890

Time wise scalp sells started after 8 51 am and 9 00 am

Bounces staying under 0917/ 20 are sells again - but watch the 30 min rule and any Pound news effect

 

[Forexmospherian]

GU

Similar set up after 9 00 am dropping under 4900 to down so far to 4880

News now in approx 10 mins

Is this another pre news set up ??? ;-)

 

[Forexmospherian]

EU

9 22 am

Down to 30% stake - banked 70% and putting stop now at 0913

Low so far 0983

Might close it before 9 30 Pound news - or move stop tighter for more profit ?

 

[Forexmospherian]

EU

9 27 am

0850 - 60 all supports - so going exit 30% stake before GU news at 0871 for now

Low so far 67/68

 

[Forexmospherian]

GU

9 30 am news

20 pip spike up - then more fall

 

[Forexmospherian]

EU

9 31 am

Now under 0860 and testing supports at 0850

 

[Forexmospherian]

EJ

9 33 am

in last 50 mins or so this pair as dropped over 80 pips

Only made 36 pips on it - as had come out prior to 9 21 am

 

[Forexmospherian]

EU

9 34 AM

Any scalp buys you take above 0848/50 really need over a 35 pip bounce to stay with - as under 0875 still is sell mode

 

[NickBk]

Hi F,
I am quiet but still with you.
Gotta love your stamina.
GL

 

[Forexmospherian]

Hi F,
I am quiet but still with you.
Gotta love your stamina.
GL

Morning Nick

Well this morning - I have been on a roll - no two ways about it - the markets being really good for short term intraday - as long as you know what you are doing and have not been psyched out by many of the moves.

I am normally a chicken - ie I want to drop to lower stake size after a scalp and get my stop into a profit area already. This morning its worked well on a few pairs - taking the pressure off and allowing me just to scalp new pairs whilst not having to worry about the ones already in profit - as what ever happens I end up with a win

Not planning to carry on this pace all day - in fact after 10 00 am going to have an hour or so off - and then be ready for later on

The nice thing is - once you have loads of live trades under your belt and are on a stake size you are happy with - you can treat your live account like a demo and just go for it - and already this morning I am over 10 trades

If I was 25 yrs younger - I would really be going for it -lol

Have a good day and any help on FX side you know - no problem


Regards


F