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

[Forexmospherian]

GU is in a BTTZ area - and I reckon EU is going into one

I call them Bermuda Triangle Tease Zones - as price goes in - and you never know when it will come out - ie might be 10 mins might be 1 or 2 hrs - all tease - designed to take your money and psyche you out

 

[NVP]

eu buys in last hour turning into sells now ........good money on offer

N

 

[NVP]

more eu buys into 2.30

 

[Forexmospherian]

Hi N

Some nice work there Neil

Back now for an hour or so

Noticed the news at 3 00 and 3 30 pm is only amber - so not that important

Might be different at 7 00 pm tonight though

 

[Forexmospherian]

EU

3 08 pm

My latest cut off for no more scalp buys on the EU is now 1050

We are just touching 1100 now - so the Banksters have as normal been spinning the yarns about the EU carrying on down to 0500 and 0300 etc etc

Yes it might go there next month or whenever - but it still might make 1200 or 1400 and stop hunt all the bears over the last 3 months

 

[Forexmospherian]

Noticed last few highs on the EU at 1 39 pm - and then exactly at 2 30 pm - both just under 1080

I suppose to even think of testing the 1050 support area we would need to breach first interim supports at 1075 /80

Notice what happened at 3 09 pm as well

 

[Forexmospherian]

Will do an update on the key pairs I have been following today besides the EU

First GU

Now at 5440 area and above 5370 and 5405 still in a bullish session

Been like it all day - but unfortuntely got clipped out on 2 30% stake trades with stops in profit


EJ

Just made over 132 03 now

Got clipped out on one 30% stake under 132 35 but reentered and left 30% stake on from above 75 - so missed loads of pips on that one

AU

Now made 8065 - and have completely missed last rally - due to my shopping exploits in WH Smiths

 

[Forexmospherian]

Noticed last few highs on the EU at 1 39 pm - and then exactly at 2 30 pm - both just under 1080

I suppose to even think of testing the 1050 support area we would need to breach first interim supports at 1075 /80

Notice what happened at 3 09 pm as well

EU

3 19 pm

the 3 09 pm scalp sell did not drop 11 pips and stayed above 1080 leading to another try over 1100

I am not in this last move up as too near to next TW and for all I know 3 21pm might be start of scalp sell

Need to check and find out next R area next

 

[Forexmospherian]

EU

3 20

Got it at 1145 to 55 - so still another 10 + pips up to where we are ?

 

[Forexmospherian]

EU

3 20

Got it at 1145 to 55 - so still another 10 + pips up to where we are ?

3 22 pm was latest peak at 1158 / 60 area - just above my R area

Since then its dropped 25 pips and if I had scalp sold exactly at 3 21 pm - i would have needed a 5 pip stop - but I did not - i waited to end of 3 22 pm

 

[Forexmospherian]

Up trendline off latest rise would allow a pullback to 1125 before we drop out of scalp buy bias

So far not gone under 1133 and 3 29 / 3 30 pm is still saying more scalp buys - its a case now can we make over 1172 and 75 - if not sell again

 

[Forexmospherian]

Watch 30 min rule from 3 23 pm on the EU 1160/61 top next

Its breached under 1125 on the pullback and under 46 on bounces still a sell

 

[Forexmospherian]

EU

3 44pm

Next scalp buy area might be 1108 or under there 1095 / 1100

 

[Forexmospherian]

Watch 30 min rule from 3 23 pm on the EU 1160/61 top next

Its breached under 1125 on the pullback and under 46 on bounces still a sell

EU

3 44pm

Next scalp buy area might be 1108 or under there 1095 / 1100

The buy came in out of a TW above 1113/14

Now we are ovder 30 mins with no breach of last main high

By rights we should fall again - or need another 25 -30 mins before we try over 1165 and 70 - thats if we are going higher

 

[Forexmospherian]

3 58 pm

We have R's at 55 to 65 and price currently at 50 - and still bullish above 1120

Either scalp it quickly taking quick pips or wait for a proper breach either way - ie over 70+ for more scalp buys or under 20 and 1110 for more sells

 

[Forexmospherian]

4 05 pm

EU / EJ / GU /AU - all still want higher and moving up again

EU as breached last high under the hour and now over 65 and 70 and testing 1176 now

I have cut off on scalp buys as being 1148 now - so pullbacks staying above there are scalp buys again

 

[Forexmospherian]

Never expected such a busy afternoon - with major news from FOMC on US Dollar another 3 hrs away

the markets are brilliant at doing the unexpected ;-))

 

[Forexmospherian]

4 22pm

EU

Low at 4 20 pm at 1131 - and scalp buy 34 at 4 21 pm

 

[Pat Riley]

4 22pm

EU

Low at 4 20 pm at 1131 - and scalp buy 34 at 4 21 pm

Who did you get to sell you EU at 34 at 16:21?

 

[Forexmospherian]

4 22pm

EU

Low at 4 20 pm at 1131 - and scalp buy 34 at 4 21 pm

4 27 pm

Cannot get over 49 for now so 70% off and stop in profit at 37