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

[tar]

gj looking to buy above but not below 189.90 190.0 and short below 189.60 189.50

+20

+10

 

[Forexmospherian]

GU - From 6 30 am to 8 39 am this morning

GU

7 11 am

Line in the sand this morning - 5315 - 25

Above both favours price rise - under both - tests on lower supports and sell

Main R for a start 5340 /45

Last scalp buy - 6 38 am - missed the 6 30 am scalp buys as was with EU and EJ at that time

Price structure

This is what I hope you see on your 1 Min LR Chart

After 7 21 am the GU was in a sell mode confirmed under 5325 and 15

( THIS WAS MENTIONED BEFORE I LEFT - ie LIVE IN ADVANCE OF MOVE )

It then dropped to 5283 - for a LO bounce and a scalp buy confirmed at 8 09 am

The fall was worth anything from 30 to 45 pips depending on your entry

If you only made 15 pips or 25 pip - no problem - still positive - if you had multiple entries and made over 80 + pips - even better

The key thing is - it was a sell and until we go back over 5315 and 5325 - we are still in a bearish PS under the "line in the sand" area

I hope this makes sense etc etc and i hope the chart explains more

 

[tar]

yen will look to buy above 124 124.10 and short below 123.90 123.80

+10

+0

 

[Forexmospherian]

UCad - Friday AM - after yesterday

I am posting a UCad 1 min LR chart - showing my Price structure and so called "line in the sand " area

PS for me is just as important - or even more important than PA ( price action )

The LR's along with interim levels help to identify the key area separating a bull and a bear price structure

Above 2418 and 25 - the PS is bullish for now

We would need to see under 2413 and 2400 to be selling more and converting to a session bear structure

Hope this makes sense to you

Also note the R area shown for a start at 2448 / 50

We need to breach above this area to see more rises - otherwise we will just test the lower interim supports again

UCad chart

 

[tar]

euro range trading area 1.0930-1.0950 bullish and bearish outside that , will scalp the range till break .

+12

 

[tar]

will range trade ej 135.50-135.75 bullish/bearish outside that ...

+10

+18

 

[Forexmospherian]

9 06 am

EU

i will post a chart later on in the session

Remember the line in sand area and the interim S & R area's ?

Well that price we discussed a few time yesterday was important - ie 0927

We fell to 0925 - but really main supports at 0927 and 0930

From LO - ( I was not here then ) it turned to a buy above supports

its now after 8 39 am and this hour TW now gone above the "line in the sand" PS

Price at 9 04 am now testing 0975 again - a key R area along with 0980

What do we do now

ideally take part stakes off on any scalp buys - for me i am only in after 52 so did not get the 40+ pip rise

If we stay above 0950 on pullbacks - we should be able to scalp buy again - but we really need above 0983 and 87 to stay with buys as 0975 - 80 all R area

 

[Forexmospherian]

+10

+18

WD Tar

Keep it up and show Fugazsy that traders can make multi hundred pips a day - when they multi trade and know what they are doing

 

[Forexmospherian]

7 33 am

UJ

i have been following this pair more this last week - mainly due to Yen weaknesses and the UJ making a new multi year High over 124 00

For today the the main PS - or line in the sand area is at 123 70 / 75 area

Above this price area - then expect rises and favour buys

Below this price area - then expect tests on supports and maybe lower

Main S & R's for a start

R's - at 124 15 - 30 - 45/50

S's at 123 40 - 60 and around 75

Note after 7 21 am and 7 30 am - what you should have been doing on EU / GU / AU etc etc- ie sells

UJ

9 20 am

So far this morning the UJ as not made over 124 03 and as dropped since opens down to the 123 66 area - above 123 60 supports - but under 75

The line in the sand PS area is 123 70 /75 and we are at it now

Main R to stop rises now 123 80 and 124 02 - and for falls under the line in sand area we need under 123 66 and 60

I was in a sell from 8 56 am - but have exited and will wait for more clarification

 

[Forexmospherian]

EJ

7 21 am

i have already mentioned I scalp bought it this morning at approx 6 30 am at 135 51/2

its just reached so far 135 80.

The line in the sand - or session PS is approx 135 50 / 55

Above both prices favours higher below - lower

Interim S & R levels for now

R's at 135 85 to 95

S's at 135 45 and 20

EJ

9 25 am

Well we said - in advance that above the line in the sand - we buy ie from 50 /55 area

Now made 135 77 and we know we have Rs just above

So either exit - all or part stake - and look at re buying above 135 60 area

If we drop under 60 - 55 and 50 - well - I hope you know what to do then


GL

 

[Forexmospherian]

F

you said that Magnum easily makes 500 pips, those are the facts.

Regarding the little cowboy, if he brain washed you, he has not any chances around here....

You surely lost all my attention with those 500-1000 pips deal, I trade everyday and I know what is about, it is just garbage and I am surprised the administrators have not yet banned those who are making those claims.

I like to move on now if you do not mind, this is endless.

Have a great session.

Fgsy

Hi Fugazsy

Sorry just seen this comment

i am upset that you are taking things out of context and just using odd snippets to make a "case" against MM - Sir G and me

I have never said MM - easily makes over 500 pips a day - WRONG

He has made 500 pips a day - shown a few times on part stakes

I personally have never made over 409 pips in a day - July 4th 2013 - and If i had counted every part stake etc etc that would be over a 1000 pips in a day

BUT

My daily target is 50 pips - at 100% stake size - that means just 10 pips on 100% would then need another 140 pips + at 30% stakes to make the same money as 50 pips at 100% stake size.

Sir Gissachance is NO cowboy - similar Major Magnum and me - we are all genuine guys - not selling courses or deceiving the public etc etc.

Major Magnum proves his trading prowess with genuine statements - I prove mine every day on this thread and I have witnessed Sir G's trading success personally between 2011 and 2013.

Thats all I can say on the matter and would agree with you - lets move on and make more money - after all thats the reason we trade

Regards


F

 

[tar]

will range trade ej 135.50-135.75 bullish/bearish outside that ...

+10

+10

 

[tar]

au range area good to scalp 0.7640-0.7670 breaking outside that bull/bear

+7

+9

 

[Forexmospherian]

EJ

9 25 am

Well we said - in advance that above the line in the sand - we buy ie from 50 /55 area

Now made 135 77 and we know we have Rs just above

So either exit - all or part stake - and look at re buying above 135 60 area

If we drop under 60 - 55 and 50 - well - I hope you know what to do then


GL

EJ

9 49 am

See underlined and bold on comment at 9 25 am- LIVE AND IN ADVANCE OF MOVE

For the sake of Pat Riley - and even Fugazsy - this is a live call - ie buy above 135 60

Price dropped to 135 58 - and if you bought at 60 - you have just made 17 pips

 

[Forexmospherian]

Having a break over next hour

Hope to be back before end of 11 00 am TW

I am going to post another GU chart later to compare with one I posted about an hour ago and for you to see levels etc and then compare with what was said from 7 00 am

Any questions will have to wait to after I get back

Stay Focused - watch levels - keep an eye on the time and GL

See you later


F

 

[Fugazsy]

Hi Fugazsy

Sorry just seen this comment

i am upset that you are taking things out of context and just using odd snippets to make a "case" against MM - Sir G and me

I have never said MM - easily makes over 500 pips a day - WRONG

He has made 500 pips a day - shown a few times on part stakes

I personally have never made over 409 pips in a day - July 4th 2013 - and If i had counted every part stake etc etc that would be over a 1000 pips in a day

BUT

My daily target is 50 pips - at 100% stake size - that means just 10 pips on 100% would then need another 140 pips + at 30% stakes to make the same money as 50 pips at 100% stake size.

Sir Gissachance is NO cowboy - similar Major Magnum and me - we are all genuine guys - not selling courses or deceiving the public etc etc.

Major Magnum proves his trading prowess with genuine statements - I prove mine every day on this thread and I have witnessed Sir G's trading success personally between 2011 and 2013.

Thats all I can say on the matter and would agree with you - lets move on and make more money - after all thats the reason we trade

Regards


F

F

1000 pips minimum in a morning session? And listening to him he seems he makes that every morning..He is acting like the Messiah of trading.... Too much is too much and enough is enough.....just embarrassing ...It seems I am smoking and you guys are getting stoned....

Yes... lets move on and I wish you the best of luck with your trading...

Fzsy

 

[tar]

AU range area good to scalp 0.7640-0.7670 breaking outside that bull/bear

Ranging very well

+8

+10

+5

 

[tar]

Euro range trading area 1.0930-1.0950 bullish and bearish outside that , will scalp the range till break .

re entered

+20

 

[tar]

I am currently over +230 , will make extra +100 by sundown in Glasgow .

 

[Forexmospherian]

I am currently over +230 , will make extra +100 by sundown in Glasgow .

Excellent - well done Tar