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

[Forexmospherian]

Yellen speaks in about 12 mins or so - that might be an excuse for more play either way

 

[MajorMagnuM]

Ok i gotta do some tasks. Hopefully back later. I have short rems on uj with stops at 20 or so higher.

 

[Forexmospherian]

need to process this

We know the main give away area is 1254/55 - as another interim support

I then have more dynamic support of new up TLs at 12 70/ 72

So if price at say 91 as now still a buy over 70 - but still could pop back say 15 pips to dump scalp bulls

 

[Forexmospherian]

EU still rising with new highs - but UJ not under 119 50 - interesting - Uchf another low now

 

[Forexmospherian]

Would be nice to get over say 1303 by 2 09 / 10 pm

Then a 100 pip drop -

Thats a typical trick to fry new bulls

 

[Forexmospherian]

Would be nice to get over say 1303 by 2 09 / 10 pm

Then a 100 pip drop -

Thats a typical trick to fry new bulls

2 09 pm

Looks for now we might not see 1300 as 94/5 latest scalp sell - but still in scalp buy land above 70 / 72

 

[Forexmospherian]

30 min rule worked nicely on UJ

 

[Forexmospherian]

30 min rule would be on EU from say 2 04pm on high

 

[Forexmospherian]

2 17 pm

No real effect from Fed Yellen speech atm

 

[Forexmospherian]

Got to do an early school run after 2 40 pm today

Might not be back until after 3 30 pm or 4 00 pm

Remember red news on Cad at 3 00 pm as well

Got nothing to lose leaving 30% stakes on buys on EU and EJ - and if I get taken out - no problem - stops still in small profits - with the main stake profits already banked

If we do make over 1295 and 1300 and over 135 05 / 10 - even better

GL guys - see you later

 

[NVP]

nice opening on us session .....calling it a day

N

 

[scholfield]

...

 

[Forexmospherian]

...

Hi Scholfield

Some nice wins on the list and main thing a very nice net cash balance - I appreciate a different technique - but still Well Done

Regards


F

 

[Forexmospherian]

4 07 pm

I was back to come out my EU 30% buy - late at 1353 after a 1367 high so far

First supports for me around 1330 atm

Edit

checked again 38 -41 first supports then around 1330

 

[Forexmospherian]

nice opening on us session .....calling it a day

N

Looks like another very good day - adding that to your morning sessions

Dont worry about the small loses - Its great if you dont have any - but thats not just feasible if you are short term intraday multi trading every day - just keep them small

 

[Forexmospherian]

Featuring the EU this month in my trading journal - ie Devil in the Detail one - so will post a chart later from after the drop of over 200 pips from Friday's high and then the 300+ pip move back up yesterday and today.

EJ was also good - but surprised the GU had not risen even more .

I think tomorrow we must be careful on the GU - with it being election day

It might not really start playing up until the US session or even over Thursday PM and Friday morning - but I am sure if Labour got it - it would drop like a stone.

Trouble is that's too obvious and normally the FX markets just dont want to be obvious - they want to confuse and always give a false sentiment - purely to get you trading the wrong direction

Finished for today - looking forward to Thursday and Friday action - remember NFP - Freaky Friday as well

Regards


F

 

[MajorMagnuM]

TRACK ONE SEEMS APPROPRIATE

 

[MajorMagnuM]

Precis

 

[MajorMagnuM]

love this

 

[MajorMagnuM]

the lyrics in that song really suit this thread