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

[Fugazsy]

HI Fugazsy

Noticed you have a nice 10 pipper earlier on

Have a good session - I found it OK after 8 05 and 8 09 am this morning - but 7 30 a to 8 00 am not that easy

Regards


F

yes EU is strong, now bulls want see cheaper prices, not sure about shorting......not yet....

 

[Forexmospherian]

Dropped to 30% stakes on buy at 5593 after a 5596/7 high so far

Pullbacks above 82 still scalp buys again

Under 80 would exit 30% stake on buy - but would need under 69 to look at holding scalp sells on longer

GU

9 00 am

Out 30% buy stake and under 70 just been a scalp sell

Out in 15 mins - and not back to after 10 00 am or so - not planning to leave any trade on GU - as red news at 9 30 am

 

[Forexmospherian]

8 45 am

I will not be here for 9 30 am GU red news

Should be back for after 10 00 am but out again at 11 30 then as check up from the neck up at my Doctors

On the EU - I reckon the test is 1250 to 1280 - and maybe we will fall again in that area and test supports lower again under 1200.

I think the GU wants to be bullish more - but - it could be a news set up this morning - we will know more after 10 00 am - but stay fluid and flexible - thats always needed for intraday trading

EU

10 40 am

Back now for approx 45 mins

EU atm at 1271 and I am still looking for a larger pullback in this area - rather than price just testing over 1290 and 1300+

I might be totally wrong - thats why timing and my LRs are so important for my entries and exits

I have 2 more R's at 1278 and also 1286 - so lets see if we make them before next TW - or not ??

 

[Forexmospherian]

EU

10 45 am

I cannot look at holding any scalp sells on for more than a few pips until under 1258 and 1248

Above approx 55 and 60 we are still scalp bullish to still test 75 +

 

[Forexmospherian]

GU

9 00 am

Out 30% buy stake and under 70 just been a scalp sell

Out in 15 mins - and not back to after 10 00 am or so - not planning to leave any trade on GU - as red news at 9 30 am

GU

10 54 am

The fall was a pre set up for the news - and we shot back above 5570 and 5600 and over the last 90 mins have risen to 5692

Missed all those pips - did not leave any 30% stake buy trade on - so a costly last hour or so - but had a quick meeting with my accountant and got another one with Doctor after 11 30 am - so will miss more moves today

Supports are now from 5530 and 50and 5560 with R's at 5690 and 5700

Cannot hold scalp sells on for more than just a few pips until price under 66 and 54 - above both still in scalp buy bull bias

 

[Forexmospherian]

UChf

11 00 am

Just had a quick look at it - not a pair I normally intraday trade - but one I watch as opposite correlation on EU maybe 85% of the time

Its been a 120 pip fall from EO - a big move for the Swissy

Supports around the big number area of 9200 - 10 area

 

[Forexmospherian]

EU

11 03 am

10 51 am was too late to scalp sell - but 10 39 am too early - it started 10 47/ 48 at 74/5 after a 77 high

See my previous comment regarding holding any scalp sells on

 

[Forexmospherian]

Hope to be back for 12 30 pm ish

For now on EU if we make above 1283 and 88 - scalp buy again for test on 1300 +

GU - really need over 5703 and 7 for more scalp buys

EJ - Need over 135 35 and 40 to be adding more scalp buys

With regards to scalp sells - already mention levels on EU and GU

GL

See you later

F

 

[Forexmospherian]

8 45 am

I will not be here for 9 30 am GU red news

Should be back for after 10 00 am but out again at 11 30 then as check up from the neck up at my Doctors

On the EU - I reckon the test is 1250 to 1280 - and maybe we will fall again in that area and test supports lower again under 1200.

I think the GU wants to be bullish more - but - it could be a news set up this morning - we will know more after 10 00 am - but stay fluid and flexible - thats always needed for intraday trading

EU & GU

This comment above was from nearly 4 hrs ago

EU - 12 27 pm - so far high high 1278 and last 90 mins or so been a sell off to so far down to 1238 - so approx 50 pip pullback

Got that part correct - but unfortunately not got many pips off either the buy or the sell - as had to go out twice this morning on appointments

GU - last 4 hrs made a 140 pip rise and now after high at 5709/10 retraced approx 40 pips

Back for only 15 mins and then around more this afternoon

 

[Forexmospherian]

No red news announcements over Lunch time or this afternoon now

I hope its not going to be boring :-(

 

[Forexmospherian]

EU Today up to US session - 1 min LR chart with KT's and levels

EU - so far today

Nice rise and top and then a 50+ pip pullback

Interim intraday levels marked

 

[Forexmospherian]

1 45 PM

Back now for an hour or two

So far this morning we have had dollar weakness - resulting in the EU / GU / AU / NU etc rises and UChf / UCad and later UJ falls

Will this change over the US session this afternoon and evening ??

The GU pullbacks have been shallow - suggesting it wants higher - but then understandable after a positive UK election results for the markets .

Did not want to take lots of scalps after 2 00 pm - hoping to cherry pick the 7 -25 pip moves rather than then 3 -7 pip scalps - but if need be - will do

Update in the 2 pm TW

 

[Forexmospherian]

2 10 pm

EU

Under 1242 - price is still in a scalp sell and falling

We have supports at 1217 - 20 and 25 and i will be watching my clock on the low so far at 2 00 pm at 1226

If it can hold - we need over 42 and 46 to hold on scalp buys

Under 1223 and 17 more sells

 

[Forexmospherian]

2 10 pm

EU

Under 1242 - price is still in a scalp sell and falling

We have supports at 1217 - 20 and 25 and i will be watching my clock on the low so far at 2 00 pm at 1226

If it can hold - we need over 42 and 46 to hold on scalp buys

Under 1223 and 17 more sells

EU

2 50 pm

The low was 1223 - and then after 2 20 / 21 am and over 42 it was just scalp buys

So far price as made 1262 with good supports now around 1230 to 1240

Pullbacks staying over 40 / 42 are scalp buys again

 

[Forexmospherian]

Remember to check time against all new interim highs and lows on pairs

ie for now EU last interim high at 1262 was at 2 45 pm - so based on 30 min rule - we need really a new high in this 3 00 pm TW - if we dont breach last high by over 3 pips - then its a clue for more sells

 

[Forexmospherian]

Remember to check time against all new interim highs and lows on pairs

ie for now EU last interim high at 1262 was at 2 45 pm - so based on 30 min rule - we need really a new high in this 3 00 pm TW - if we dont breach last high by over 3 pips - then its a clue for more sells

Very crafty

Leaving the try of another high right to the end of the 30 mins at 3 15 pm on EU

 

[Forexmospherian]

Very crafty

Leaving the try of another high right to the end of the 30 mins at 3 15 pm on EU

On a EU 1 min LR chart I am using now a TL from interim low at 1223 extrapolated to now 1247

Above this line - then still in a scalp buy mode until we meet R's that stop it

 

[Forexmospherian]

No red news announcements over Lunch time or this afternoon now

I hope its not going to be boring :-(

well so far - super boring just a BTTZ last 45 mins and by rights 3 00 pm should be the busiest time of the whole UK trading day in the FX markets - with both the US and Europe in the market place together

 

[Forexmospherian]

On a EU 1 min LR chart I am using now a TL from interim low at 1223 extrapolated to now 1247

Above this line - then still in a scalp buy mode until we meet R's that stop it

EU

3 37pm

We made a last high of 1266/7 and then after 3 21/22 pm it went to a scalp sell and under the TL

Now 15 mins later its dropped 18 pips from the scalp sell area

Its very slow and boring - for what should be a busy time

We are now back in a 50 pip range on EU - we need over 1270 and 90 for more new buys - or under 1220 and 1200 for new sells or to hold on any taken in the range

GL

Will pop in next hour and then after 5 00 pm

If it carries on slow - finishing for day - as made my daily target before 9 00 am this morning

 

[Forexmospherian]

4 36 pm

EU dropped to 1227 and then bounced just after half hr change

Would need above 1245 to stay with scalp buys as 38 to 43 area all R's