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

[Forexmospherian]

Not looking good for EU bulls atm - the UChf as risen again above its interim Rs around 9200 -9210

EU not dropped so far under 1345 / 50 - but is it just a matter of time now ??

EU

12 39 pm

From after 12 09 and 12 21 pm - dollar weakness as come in resulting in the EU staying above 1352 and trying 65

its still a scalp buy from 12 30 pm and above 1357 on pullbacks

 

[Forexmospherian]

EU

12 39 pm

From after 12 09 and 12 21 pm - dollar weakness as come in resulting in the EU staying above 1352 and trying 65

its still a scalp buy from 12 30 pm and above 1357 on pullbacks

12 40 pm and high 68 and then it all changes again

When the market is like this it is really just scalping for 3 -7 pips - or just waiting and sitting on your hands

Main red news in approx 40 mins

Will have a quick lunch and be back for 1 15 pm ish

 

[Forexmospherian]

12 40 pm and high 68 and then it all changes again

When the market is like this it is really just scalping for 3 -7 pips - or just waiting and sitting on your hands

Main red news in approx 40 mins

Will have a quick lunch and be back for 1 15 pm ish

1 19 pm

EU

Back now - and was not about to take advantage of another scalp sell under 50 and 45

Price now resting just above supports at 1320 ish

News on Cad Dollar in approx 10 mins and main red US Dollar news at 3 00 pm

 

[MajorMagnuM]

Current status

 

[Forexmospherian]

]UCad and UChf [/B]- also like UJ both in bullish am price structures for this morning session atm

I tend to scalp the European pairs in preference though - but will try and get some 30% stakes on as many pairs as possible with stops then in small profits and just check every 30 min or so.

UCad

1 25 pm - prior to red news

Its been in a bullish PS from early this morning - as mention in this comment around 7 00 am

Price moved up 50+ pips and now around 2045

Really above 2000 and 2010 still bullish and would need a fall under there to change the session PS

 

[Forexmospherian]

After news - and say in this next TW we should be able to sell the EU on pullbacks staying under 1345 /50

Trouble is low as held 30 mins already - so might not try again lower for 20 -30 mins - thats if it stays under 1350 as well

 

[MajorMagnuM]

Tl

 

[Forexmospherian]

1 32 pm

UCad

Not much of an effect - just a 20 pip pullback for now

 

[Forexmospherian]

Tl

I am looking at my 1 min EU chart and thinking it will have trouble making over 1355/60 for now - but agree 1320 is a good support

Can it hold for an hour or over 90 mins???

 

[Forexmospherian]

Tl

Just out of interest - hows your Uchf chart match up with R's now - as opposite correlation with the EU for now

 

[Forexmospherian]

Also see the reversal candle on EU at 1 40pm at 1336/37 - start of scalp sell before my Lrs want over at 1 41pm - late

Test on 1320 again

 

[Forexmospherian]

1338 and 42 would be my scalp buy prices for now at 1 51 pm

Under both still a sell - but only if 1320 lets go

 

[Forexmospherian]

1 56 pm

1 51 pm - KT was a scalp buy on the EU

Did not jump in waited to 1 53 pm - but no 38 and 43 - then would pull

 

[Forexmospherian]

1338 and 42 would be my scalp buy prices for now at 1 51 pm

Under both still a sell - but only if 1320 lets go

1 56 pm

1 51 pm - KT was a scalp buy on the EU

Did not jump in waited to 1 53 pm - but no 38 and 43 - then would pull

Is this how you saw it MM ????

 

[Forexmospherian]

EU

2 07 pm

I had my 2 quicK Lr's over price at 2 01 pm saying sell at 1336 - but my other LRs mostly underneath with exception of the longer setting - so stayed with 30% on buy even though we did not make over 38 and 42/3 on first attempt

My cut off on buys is now 1329 and under there its scalp sells until that 1320 lets go

Its a real tug of war - but really just manipulation by LP's / players etc

 

[Forexmospherian]

2 16 pm

EU

made 1351 now and pulled back

Out all buys at 47 as now got to pop out at 2 30 pm

Will be back after 3 15 pm

GL

 

[Forexmospherian]

EU

3 35 pm

Well did not get all the rise as was not here for the 3 00 pm news - but got 16 pips on scalp buy from 3 24pm and now got a 30% stake on the buy with stop in profit at 1419


So far we have made 1437 - just hope we can stay above 1420 for now

 

[Forexmospherian]

EU

3 35 pm

Well did not get all the rise as was not here for the 3 00 pm news - but got 16 pips on scalp buy from 3 24pm and now got a 30% stake on the buy with stop in profit at 1419


So far we have made 1437 - just hope we can stay above 1420 for now

No - its took me out now

Want to buy again - got to see if 1405 or 1400 will hold now

We are in a bullish PS for this afternoon session whilst we stay above 1360 /70 for now

 

[Forexmospherian]

EU

3 48PM

That worked out well

The low was at 3 38 pm at 1416 - 3 39pm and above 1420 was a scalp buy again - took at 100% after only being in before at 30% stake - and now its made 39 and I have exited all the buy at 34

Will look to see if we stay above 1416 - so I can scalp buy again

 

[Forexmospherian]

Hi Fugazsy

I wish you well with your swing trade

I had a quick look on my charts for more EU levels and I see a lot of R's between 1465 and 1495 - based on 12 hrs and daily. I can understand some analysts even suggesting 1500 to 1530 area as well.

Personally I will try and keep locating the Intraday highs and take 70% profits off the scalp sells after anything from 7 -25+ pips and then carry on leaving 30% on in just a few pips profit - hoping that one of these levels might be the last for a day - or even a week plus and then we get the 250+ pip pullback etc

Have a good session

Regards


F

I made this comment pre 6 30 am this morning thinking this will not be on today - as in a bearish session under 1420 and 1410

As we dropped through out the morning - it sucked in more bears - but this afternoon after 2 30 and 3 00 pm - a PS change - back to bullish above 1360 and then over 1400.

We need to see now over 1450 to stay with scalp buys with so far a high at 1447/8

Above 1416 and 20 - should be another scalp buy - lets see what's next