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

[tar]

gold is looking to give more .... Will buy above 1197 and short below 1194

+60

 

[tar]

fdax fooling around will buy above 11780 and short below 11750

+29

 

[Forexmospherian]

2 37 pm

Back now

Well my EU 30% buy got kicked out - but my 30% buys on the UJ and EJ are still in with more profits

taken the EJ off in last few mins at 134 34 and UJ one will move stop up to 123 04

 

[Forexmospherian]

2 48 pm

More red news in approx 10 mins or so at 3 00 pm on US dollar

EU

Back up at 0920 again and its been a scalp buy again from after 2 30 pm and the 0900 area.

The high in last 3 hrs on my platform as been 0939 and we have had 2 LH's so far - but whilst we stay above 0890 and 0900 - then it could test R again at 35 / 40 and then 0950/ 60 area

 

[Forexmospherian]

3 05 pm

Not looking good for the EU after dollar news - but for me - still a false set up being tried by the market makers.

I will go with more sells under 0870 and 60 and would then look at more buys in the 0840 / 50 area.

If we stay above 0880 and even 0900 - then expect more tries over 0920 and 0950

Price structure is just not as bearish as it was this morning for now - but as we know that can all suddenly change this hour

 

[Forexmospherian]

2 37 pm

Back now

Well my EU 30% buy got kicked out - but my 30% buys on the UJ and EJ are still in with more profits

taken the EJ off in last few mins at 134 34 and UJ one will move stop up to 123 04

UJ

Got taken out of UJ buy - by just 3 pips - but with the news so near did not reenter

Will look at buying again only with another high and a pullback staying above 123 00

 

[Forexmospherian]

3 05 pm

Not looking good for the EU after dollar news - but for me - still a false set up being tried by the market makers.

I will go with more sells under 0870 and 60 and would then look at more buys in the 0840 / 50 area.

If we stay above 0880 and even 0900 - then expect more tries over 0920 and 0950

Price structure is just not as bearish as it was this morning for now - but as we know that can all suddenly change this hour

After 3 09 pm and 3 21pm the EU fall got going again

Now at 3 29 pm its down at 0872 - a near 30 pip drop in last 10 mins

Bounce expected - but by staying under 0897 its still a sell again - but then watch time rules in case a low holds

 

[Forexmospherian]

GU - story so far today

GU

6 51 am

Not scalped it so far this morning

For me its in a bearish PS am session whilst price stays under 5500 and 5480

Low so far as been 5431/2 area and price currently around 5445/50 area

Would need back under 5440 and 33 to be scalp selling more

8 43 am

.......

Having a quick look at charts and ideally i want to sell the EU and GU after their present retraces

GU - ideally want to sell again under 5440 / 45 - that again depends on current low - 5397 lasting 30 mins with no breach

GU

10 51 am


A scalp buy again


GU could not make back over 5425 to hold any scalp buys on longer

Not in this last sell that's seen a test on morning low - but we need to breach under 5380 to stay with sells and we did not do it

GU

11 58am

Just over an hour since this call on a GU buy

So far it made a 28 pip rise and still not at 5425 yet - topping atm at 5418 - but still trying



Pullbacks staying above 5407/ 8 on GU are possible scalp buys again

GU

12 02 pm

It did not make over 5419 and 17 or 16 was the sell

Now will 07/8 hold or will it be 5400 / 02 ??

GU

after 12 21 pm and 12 30 pm and under 5415 the GU as gone back into a scalp sell - whilst the EJ and UJ have all been rising

The EU is just being manipulated for now

Above 0928 and 35 - buys - under 0907 and under 0900 - sells

GU

3 47 pm

Now price as been down to 5353/4 - nearly 90 pips drop from opens- but been a few nice scalp buys on the way down as well

Supports at 5350 and under there 5320/30 area after - thats if we do carry on falling

Need back over 5400 and 5420 to be holding scalp buys on again for any turn back up

GL

 

[Forexmospherian]

After 3 09 pm and 3 21pm the EU fall got going again

Now at 3 29 pm its down at 0872 - a near 30 pip drop in last 10 mins

Bounce expected - but by staying under 0897 its still a sell again - but then watch time rules in case a low holds

EU

4 06 pm

It bounced above 0870 and so far made 0900 - just

The low as held over 30 mins as well

To stay with nay scalp buys over 0870 and 80 - we really do need to see over 0910 and then 20.

If that did happen the US session would be seeing the EU change to a new bullish PS then

Under 0900 - still in down bearish PS

GL

 

[Forexmospherian]

UJ

4 09 pm

From after 3 30 pm and 123 30 area - its just been a scalp sell thats kept on falling - now approx 45 pips

First main interim supports at 122 75 / 80 area

 

[Forexmospherian]

GU

4 11pm

Whilst the UJ as been doing a nice fall last 40 mins - the GU as been doing a great buy from after 3 30 pm - approx 45/50 pip move up

Just got the feeling there is false sentiment being set up in this early US session - as shown by EU back now around 0900 again

 

[Forexmospherian]

EU

4 06 pm

It bounced above 0870 and so far made 0900 - just

The low as held over 30 mins as well

To stay with nay scalp buys over 0870 and 80 - we really do need to see over 0910 and then 20.

If that did happen the US session would be seeing the EU change to a new bullish PS then

Under 0900 - still in down bearish PS


GL

EU

5 01 pm

4 50 / 51pm and 0893/4 was the last scalp sell

We do need under 0870 to stay with the sell

GL

Finished for day now

Will pop back in later as still watching yen crosses

 

[Forexmospherian]

Wednesday 27th May 2015 - Pre Opens

Good Morning Guys

Late to the party this morning - needed to be scalping at 5 30 am to catch 3 buy trades on the EU / GU / EJ that would have netted me my 50 pips daily target all within an approx hour.

I always find I can awake and get up earlier in the summer - especially if I nice bright morning - whereas in the middle of winter even trying to get up at 7 or 7 30 am is a struggle. However I am rarely down and at my trading desk before 6 15 am - with the idea of starting my first scalps from 6 20 /21am or 6 30 am

We know the 7 00 am to 8 30 am - 90 mins section should be busy - although with a lot of trickery normally taking place - simple due to the 2 Opens in Europe and London - and that's what nearly 60%+ of the whole market volume there.

If you miss that first couple of hours - it can go slow until after 11 am and Midday and then by then it getting ready for world news and the US markets opening

Normal stuff today - I hope to cover approx 5 hrs over a 10 hr session - and will miss the LO for approx 40 mins

All FX related contributions etc welcome - ideally Intraday - but not that fussy and always like to see everyone's charts and ideas and plans etc etc

Have a good day

Regards


F

 

[Forexmospherian]

EU

6 56 am

Having missed the initial rises from 3 30 am and 5 30 am - I joined the buy party with a scalp buy at 6 20 am at 0897/8

That was the start of my half hr TW and I stayed with it until 6 39 am - the end of my half hr TW and gained approx 0914.

If anyone says - thats hindsight stuff - i suggest they read this thread from the start - or even one of the other threads were my scalp times are listed along with my method - both the EU and GU matched up ideally this morning - leading to 2 nice scalps bagging approx 26 pips ( net)

Its been dollar weakness over the last few hrs resulting in the EU being in a early morning bullish PS above 0885 and 0890 .

Supports from 0865/70 to approx 0880 - R's now at 0915 - 20 - and then 0940 / 50

It was a scalp sell after 6 50 / 6 51 am - but not taken it for now

 

[Forexmospherian]

GU

7 02 am

Matched up and in sync with the EU from after 5 30 am and for me is in a bullish early am session PS from 5395 / 5400.

That can be like the line in the sand - ie I favour more buys above and sells under under the line - but when you scalp - then both way trading will take place either side of the line in the sand area.

I am out the scalp buy from 6 20 / 21am and did not scalp sell - as still favour higher for now - but we need to test above 5430 and 40 for me to look at scalp buying again on any pullbacks

Checking out the interim levels on the GU and will comment later on them

 

[NickBk]

Morning F,
Hope we all have another good one.
GL

 

[Forexmospherian]

EJ

7 07 am

Normally my favourite pair - but not scalped it so far during this last 50 mins or so - favoured the EU and GU more simply because the dollar was weaker - whereas on yen crosses - the yen is not as weak as yesterday - resulting in UJ falling under 123 00 area and thats effecting the EJ trying to rise in line with the EU.

7 00 am was a scalp buy - not jumped in yet - as not trusting the PA entirely atm and just wanting to see next R levels first,

I think pullbacks staying above 134 07/8 will be OK to look at buying again for now

 

[Forexmospherian]

Morning F,
Hope we all have another good one.
GL

Morning Nick

Yes would be nice if another busy day again

So far its positive more for the EU / GU / AU / NU etc pairs showing the early morning dollar weakness

That could all change for the LO - but what ever happens - I hope to be able to nail it

Have a good day


Regards



F

 

[Fugazsy]

GM

I noticed Tar was posting on this thread? has he been converted?

Have a good day

 

[Forexmospherian]

I remember yesterday after lunch the EU tried and teased back up above 0920 and tested 35 /40 - and then gave up.

Ideally we need to see the EU go over 0935 / 40 to stay with buys

The price structure to try it is there with supports now forming above 0865 / 85 / 90 and even 0900 areas - but first we need to see 0920 and 30 breached.