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

[MajorMagnuM]

I then think to adjust the blue channel up, as i wonder if doing so will show the breakout has happened for some. the tops are now enclosed perfectly and the white candle down is gratifying

 

[MajorMagnuM]

i choose to take 70 % as we are now at the red dashed line which for me is a major point of symmetry on this chart

 

[MajorMagnuM]

i add a purple trend line underneath

 

[Forexmospherian]

3 24 pm

EU

I am following you lines and levels MM on your charts from before - but meanwhile we just tested 1350 and stopped

the scalp sell was before 3 21 pm - I did not take it - just came out a 70% stake on a buy instead

 

[MajorMagnuM]

one of my stops is hit.

 

[MajorMagnuM]

i have a quick look at the longer picture and add supports. i realise that we have a higher low at 11.09 off a line (the red one that i see as huge.) i get long

 

[MajorMagnuM]

i also see this failed shape

 

[Forexmospherian]

I then think to adjust the blue channel up, as i wonder if doing so will show the breakout has happened for some. the tops are now enclosed perfectly and the white candle down is gratifying

Its the 1 30 pm US Dollar news that maybe changes it all - well that's an excuse for a 130 pip rise - although on my LR charts that its plain to see after 1 21pm on 1 min

 

[MajorMagnuM]

To which I add an ac trendline

 

[MajorMagnuM]

at this point im not sure what to do. my overall read says higher, but at the start of tw we are at the interim ac trend line and interim resistance.

 

[MajorMagnuM]

I add a pitchfork.

 

[MajorMagnuM]

its 11:34 and price has made small higher lows throughout the window. basically the bottom of the 11.20 candle is intact

 

[MajorMagnuM]

I decide to buy at the L-mlh which i do at 11:37

 

[MajorMagnuM]

price moves against me but i believe structure says big up

 

[Forexmospherian]

i also see this failed shape

I like that chart

From after 11 09 am / 11 10 am - we never did another LL and 1 15 - 1 20 pm - we stayed above it for news and 130 + pip rise

 

[MajorMagnuM]

its 12:26 and price has made more hh and hl. i decide to wait till eotw

 

[MajorMagnuM]

i add again, as my impression is that price has to burst up

 

[MajorMagnuM]

i zoom out and add resistances

 

[Forexmospherian]

price moves against me but i believe structure says big up

Yes I think you have read that very well

I was more woolly on levels

Initially I wanted price to stay above 1220 to be in bullish PS

Then when it fell under - I looked upon it as false - but still not 100% sure - but thought well whilst still above 1200 and 1190 supports still on

Above 1220 and 1230 - then back in the session bullish PS for me

 

[MajorMagnuM]

i take some profits