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

[Forexmospherian]

you meant going long above and short below? If that is the case I did the opposite, I faded where others where buying, +24 pips easy...

Hi Fugazsy

Exactly as I said

If we had gone above 1180 by 7 or 10 pips - I would have carried on buying

The fact that we did not and I mentioned look for sells at 8 54 am - then yes - I did and hopefully the other guys sold under 1180

Its not been easy PA early on - but for a Monday - some nice moves as well - so even though I have had a few duds this morning overall - now well over daily target and can relax and afford to have at least 3 more bad scalps before I have an hour or more off.

Got the feeling - it could get boring though

I hope not

REgards


F

 

[Forexmospherian]

UJ

9 35

Still got it bearish under 125 65

So far dropped to 125 00 - and then bounced to 125 55

Need to stay above 125 20/25 for then more scalp buys and another try over 55 and 65

Under 125 20 and 125 00 - more sells

 

[Forexmospherian]

GU

9 38 am

Under the line in the sand favouring more sells - but we now need under 5245 and 40 to stay with any scalp sells

 

[Fugazsy]

Hi Fugazsy

Exactly as I said

If we had gone above 1180 by 7 or 10 pips - I would have carried on buying

The fact that we did not and I mentioned look for sells at 8 54 am - then yes - I did and hopefully the other guys sold under 1180

Its not been easy PA early on - but for a Monday - some nice moves as well - so even though I have had a few duds this morning overall - now well over daily target and can relax and afford to have at least 3 more bad scalps before I have an hour or more off.

Got the feeling - it could get boring though

I hope not

REgards


F

Sorry

I thought you said and meant to buy if prices goes 10 pips above 1165, which it did, prices got to 1178.....

High so far this morning 1165

low 1086 ish

Range 1180 to 1080 - 100 pips

WE might stay in this area all day

If we breach either level by over 7 -10 pips - then you know what to do

 

[Forexmospherian]

Sorry

I thought you said and meant to buy if prices goes 10 pips above 1165, which it did, prices got to 1178.....

High so far this morning 1165

low 1086 ish

Range 1180 to 1080 - 100 pips

WE might stay in this area all day

If we breach either level by over 7 -10 pips - then you know what to do

Sorry

my range was approx 100 pips 1180 to 1080

If we break out range by say 7 -10 pips then carry on looking at buys above 1180 - or stay with sells under 1080 - although more supports under at 1070 and 65 then

Being a Monday and with no big news atm - maybe that's it for today and we stay in a 100 pip range ?

I hope not - but then we cannot have big 150 - 200 pip moves every day of week - shame ;-((

 

[Forexmospherian]

Back after 10 00 am or 10 10 am next

 

[Forexmospherian]

GU

9 38 am

Under the line in the sand favouring more sells - but we now need under 5245 and 40 to stay with any scalp sells

GU

10 10 am

So far dropped to 5224 - with the scalp buy at 10 00 am above 27

We need over 53 and 57 to stay with any scalp buys - plus low or 5220 holding for 30 mins

 

[Forexmospherian]

EU

10 13am

The bounce and scalp buy at 10 00 am at 1120 + needs now over 1143 and 47 to stay with buys - along with 1110 /15 holding for over 30 mins with no breach

Under 1110 and 1100 and 1090 - all scalp sell land to next supports

 

[Forexmospherian]

EJ

update 10 17 am#

139 25 / 30 is all interim support areas - whilst 65 /70 is all R area - ie 40 -45 pip range

Not scalping it for now - been more with GU and EU this hour

Out after 10 30 am as well for maybe 40 mins or so

 

[swissforex]

usdcad short

 

[Fugazsy]

usdcad short

1.2445?

 

[Fugazsy]

EU quite now,maybe above 47 good to short, but only if PA confirms and decent RR.

 

[Forexmospherian]

usdcad short

I had it as a scalp sell after 9 51 am and 10 00am

But supports at 2420 /25 - so need under there to stay with sells

GL

Back hopefully by 11 15 am / 11 30 am

See you later guys

 

[swissforex]

I had it as a scalp sell after 9 51 am and 10 00am

But supports at 2420 /25 - so need under there to stay with sells

GL

Back hopefully by 11 15 am / 11 30 am

See you later guys

UsdCad now into NOFLY ZONE trapped between 12430--12439
I can only trade outside the rectangle

9407--9402 same scenario x usdchf

 

[Forexmospherian]

11 40

Back now for an hour or so

I dont think I have missed too much - more tight ranging now

 

[iroukis]

I am long from 1121 EUR Hoping for something better than a scalp...

 

[Forexmospherian]

I am long from 1121 EUR Hoping for something better than a scalp...

Hi iroukis

Well you are in profit now anyway - so that's a good start

Line in the sand thing as well - plus lots of supports from 1100 / 1115 so GL

Ideally you need over 37 and 45 now for carrying on with buys

 

[iroukis]

I tried today to play only the 1 Min Chart with the LR, no other charts in my screen and couldn't see the trades. I have to work on them. Rem everything and tried to see If I can trade the 1 min chart and only took 2 trades and marked what I didn't see real time

 

[dearlife1989]

Hey F could you do me a favour? Can you just check few of your charts on T21 setting? Do they work ok?

 

[Forexmospherian]

Hi iroukis

Well you are in profit now anyway - so that's a good start

Line in the sand thing as well - plus lots of supports from 1100 / 1115 so GL

Ideally you need over 37 and 45 now for carrying on with buys

EU

11 59 am

in terms of scalping - this is when clever manipulation goes on

We needed 37 as another HH on last interim high - so the market and the LP's and the players know that - so it goes to 38 - to get bots buying etc - and then in 4 mins - drops 10 pips

That clever "legal manipulation by HFT bots as far as I am concerned - but scary to normal retail traders who might be in swing buys etc - and see their last 15 mins if profit wiped out in 5 mins

That's why in this FX market you have to get to understand the game plans and the tricks that happen every day - and if not - then you will get "fried" every session if you are trying to take short term trades of say 7 -25 pips

Once you get used to it - then you use it too your advantage and scalp both ways when the set ups all line up