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

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Quite a lot of news announcements this morning on the EU and the GU

I will be out for the 8 00 am LO red news on the EU but will be back in time for the UK Pound news at 9 30 am

We have already had news earlier on this morning on the Australian dollar and that pair as seen a 75 - 80+ pip rise and is session bullish above 7850 now
 
6 51 am

EU

so far not got below 1129 / 30 and so exited 31 and looking at scalp buys now - but would need above 37 and 40 to stay with them
 
GU

6 54 am

Like the AU and looks more bullish than the EU for now with price at 5126 and another scalp buy pair after 6 50 / 51 am

Above 5119/ 20 this pair is session scalp bullish for now
 
Not convinced on anything so far this morning - movements have been small and inconsistent so far last 40 mins

Lets hope after 7 00 am it improves
 
7 02 am

Caught out on EU scalp buy - as only worth 2-3 pips - but did exit the EJ scalp sell from approx 6 20 / 21 am for 5 pips and staying with GU scalp buy above 5120
 
Yes its all started after 7 00 am with both EU and EJ now seeing price rise along with the pair I am in the GU - although that's the slowest atm - sods law - not picking the correct pair ;-)

As I type my GU scalp buy now shoots up 7 pips - great ;-)
 
7 09 am

Another key time

Happy to take off 14 pips at 70% stake on GU - and leave 30% on the scalp buy with a stop in profit at 5126

EU and EJ also have risen - but late getting back into EU scalp bu after only getting 2 pips on my first attempt
 
7 30 am

7 20 / 21 am - ALL Changed again

Sell on EU / GU / EJ

Got taken out my GU 30% stake with stop in profit at 26 and that was the clue to revert to sells again
 
The fact that the 7 20/21 am prices were all lower than the 7 09 am KT price was another clue - but what did surprise me was the size of the fall on the EU and EJ - 35 pips in approx 6 mins
 
EU

7 38 AM

The EU needed ideally over 1155 / 60 for a proper turn back up - and after fizzling out around 7 09 am at 1146 - it was then whether the supports at 1128 / 32 would hold - as they did prior to 7 00 am#


7 20 / 21 am showed they could not stop the bears breaking through and now price as dropped to the next supports at 1100 / 05 area

Bounces staying under 30 /32 are sells again for now
 
EJ

7 41 am

This pair needed the 133 60 / 65 supports to let go - and that happened at 7 22 -24am time and now its found supports again at 133 40 area

Bounces under 60 are sells again for now
 
Will not be here for 8 00 am red EU news - so leaving no part stakes on for now

Will be back before 9 00 am - and then that hour - we have red UK Pound news at 9 30am

See you later guys and GL
 
8 45 am

EU

Low so far this morning at 1086

This low now held over 30 mins and so would then need normally over 60 mins if its going to be breached again

Under 1120 /25 we are in a bearish price structure again with next interim supports around 1070 and 1050 area
 
GU

8 50 am

Price at 5124 and its been fairly flat in a 40 pip range for last 18 hours

Back above 5145 / 50 its back into a bullish session price structure and under 5100 and 5090 then its a bearish structure for testing interim supports lower

Red Pound news in approx 40 mins from now - so its a pair I will be looking at trading next hour
 
EJ

8 53am

Fell now over 70 pips from EO time and like EU in a bearish price structure under 134 00 really

Supports have all been breached on way down and next main barrier is 133 00 to 133 15

Would need above 133 45 to look at holding any scalp buys on for a larger pullback
 
GU

9 03 am

From after 8 39 am and 8 51 am - GU price as risen and so its been a scalp buy - but as already mentioned - needs above 5145 and 50 to go into a bullish price structure and under 40 is still in a range its held for over 18 hrs

As I type we have breached out the range now
 
GU

9 04 am

Pullbacks under 55 staying above 30 / 32 are still scalp buys again for now


GU

9 18 am

After 9 09 am ( KT) and under 5152 - GU was a scalp sell and now its a case will it be held by interim supports at 30 / 32 - so far NO as I type price now under 29 and with next supports at 5118 -22 area


Remember red news in approx 10 mins - i will not stay in scalp for the news
 
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