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

[Forexmospherian]

GU - update from previous comments and chart

OK - the comments started around 7 00 am - so approx 5 hrs + ago

First chart showed levels and PS

ie approx from 6 30 am to 9 00 am

This next chart is the update - taken 5 mins ago after 11 10 am

 

[Forexmospherian]

EU - 6 Key Times over last 5 hrs that would generate over 150 pips

EU

As I said early on today - not going to just focus on this pair all day

Some days - its a pig to trade - not easy - due to all the manipulations and false sentiments

Other times - its OK

Today - I have only taken 4 trades on it - favoured GU / EJ / UJ

However if I had been here at desk for all these 6 KT's - I might have ended up with more trades on it and more than 150 pips off it on part stakes

This is the 1 min LR chart with the 6 KT's for the morning session starting after EO at 7 00 am

I actually took first scalp buy at 6 30 am - ie prior to this chart


Will update it later on today

 

[tar]

Fugazsy,

Trading is about Y.O.U. and nobody else.

Y.O.U. are unfortunately suffering from Mental Health issues which should be addressed before going forwards.
Sadly Y.O.U. cannot be cured, Y.O.U. are a chronic sufferer but can suggest alternative arrangements for Y.O.U.

If i were you i wouldn't talk about mental health :|

 

[tar]

ea today is calm same goes the ga will look at gbpnzd instead bullish above 215 bearish below 214.50

+30

 

[tar]

ea will short below 1.4275 and ga below 1.9975

+50

 

[Forexmospherian]

GU - 6 Key Times on this pair which would generate over 200+ pips in 5 hrs

GU

Latest 1 min chart to compliment previous 2 chart posted this morning

I have placed 6 KT's on the chart which with 6 trades along with part stakes left on - would easily generate over 200 pips pre Midday - ie in 5 hrs

I have circled the times to show LR's and levels and PA etc - all important in decision making

 

[tar]

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

+15

 

[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

UJ

12 34 pm

Price now at 123 92/3 - approx 20 pip above the line in the sand area and buy area

We need over 124 03 and 15 to stay with buys

Today this pair as not been a great mover - to make over 50 pips out of 3 trades so far as been difficult - lets see if the US session and news at 1 30 pm changes things

 

[Fugazsy]

Fugazsy,

Trading is about Y.O.U. and nobody else.

Y.O.U. are unfortunately suffering from Mental Health issues which should be addressed before going forwards.
Sadly Y.O.U. cannot be cured, Y.O.U. are a chronic sufferer but can suggest alternative arrangements for Y.O.U.

Reported.

 

[Fugazsy]

Yes you are right, he probably carries a gun.

reported.

 

[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

12 50 pm

So far the EJ as not been able to rise more than 136 00 - but we are now currently at 135 96 and trying up atm

Its a 50+ pip rise from the "line in the sand " PS level - mentioned for EJ at least 3 times from Opens this morning

PS is bullish still above 135 80 on pullbacks etc

GL

 

[Forexmospherian]

Will be back for red US and CAD Dollar news at 1 30 pm

 

[Forexmospherian]

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

UCad at 1 20 pm - prior to red news on it and US Dollar


New updated chart - price up approx 40 pips from "LINE IN THE SAND " PS for buys and sells

 

[Forexmospherian]

1 25 PM

Prior to red news in 5 mins

UCad is bullish

UChf / swissy bearish

EU - session bullish atm

 

[Forexmospherian]

1 30 pm

Red news announcements on US & CAD Dollar

so far dollar uncertainty - just 15 -25 spikes for now

 

[Forexmospherian]

1 25 PM

Prior to red news in 5 mins

UCad is bullish

UChf / swissy bearish

EU - session bullish atm

Well the UCad still bullish atm - other 2 uncertainty for now

 

[Forexmospherian]

1 37 pm

Yen pairs still trying higher atm

UCad made a 60 pips rise on top of previous rise above line in sand area

So far up only 13 pips on that after bad entry and slippage

Need to stay above 2490 to buy again - if not will exit

 

[Forexmospherian]

1 40 pm

That better EU rising now#

Can it make over 1003/ 5 ???

 

[Forexmospherian]

1 40 pm

That better EU rising now#

Can it make over 1003/ 5 ???

EU

1 53 pm

as normal EU frustrating

Its easier as a scalper - because if you enter and price does not reach first target - just exit with profit

So far EU's made 0997 and I exited at 88

I will buy again above 82 and 88 - if it does try up again - but for now its teasing and playing around 70 to 80

Would need back down under 0960 and 45 and 30 to get me staying with scalp sells longer

Time to move on and review again after 2 00 pm

 

[Forexmospherian]

1 37 pm

Yen pairs still trying higher atm

UCad made a 60 pips rise on top of previous rise above line in sand area

So far up only 13 pips on that after bad entry and slippage

Need to stay above 2490 to buy again - if not will exit

UCad

1 59pm

So far cannot make over 2520 - tried 15 again and still in buy above 2490

dropped to 30% stake on last scalp buy