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

[iroukis]

Nailed that b... from the hourly chart. Unfortunatelly the sl was big so entered with one contract and bailed out at 1170(Futures Sept Contract):clap:

 

[Forexmospherian]

Not checked to see why the move happened - ie the excuse etc etc

Going to have a quick cup of tea and dog walk

Back for 10 30 am ish

 

[Forexmospherian]

Nailed that b... from the hourly chart. Unfortunatelly the sl was big so entered with one contract and bailed out at 1170(Futures Sept Contract):clap:

WD iroukis

That was a big quick fall on may pairs

EJ dropped 95 pips in just under 5 mins

 

[iroukis]

Something has to do with Greece probably, yesterday and today the media is on fire with the Greece and IMF

 

[Forexmospherian]

EU

6 44 am

Pre Open Update and quick review

A scalp buy from after 6 24 am - had not lined up initially so thats why I went with the AU - which was a perfect set up on my system

Price approx 1240

My line in the sand area for the Opens is approx 1250 to 1260

Above both then favours more scalp buys and rises to test R area's above

Below both prices then still in a morning bear bias and favours sells - in terms of bias.

For all scalpers - session bias is not important - as you can trade either way as long as the you see potential moves that fit your criteria - but for intraday short term swingers - then the PS and bias is important

------------------------

EU

10 26 am

Sometimes I dont even listen to myself - silly bu88er lol

I had not left on 30% stake sell on under 1245 - not one - but had got one 30% stake buy above 1211 after a scalp buy over 1207/8

Other pairs no problem - I try and get 30% stakes and stops in profits from line in sand areas and try and leave on though out the session if it can - but EU caught me out

My own fault - cannot grumble - but happy I gained on EJ / AU / GU

Saying that out of GU sell now - but do expect to sell again in next 30 mins

AU still got one 30% stake on a sell on from early am - but out other sells after a 7677 low

10 00 am and 10 09 am did become scalp buys for many after the 9 47/48 am drops

 

[Forexmospherian]

EJ

10 28 am

still a sell on bounces staying under 138 60 - but be careful on 30 min low rule and we could easily have a 30 -50 pip retrace after such a big drop

 

[Forexmospherian]

EU

10 30 am update

Ok so low after drop at 1150

its held over 30 mins and retraced approx 25 pips

Under 1220 and 1207 its still a sell again - but like EJ we could still retrace up another 10 -30 pips

If we then get falls again staying above 1160 or 1170 - a turn might be on again

Under 1153 and 45 and 1140 - more scalp sells

 

[Forexmospherian]

GU

10 40 am update

Low made 5466 just prior to 10 00 am

we then had the bounce and scalp buys - bounce was strong - made back up over 40 pips

10 27 am - 10 28 am was the scalp sell again from 5510 area and thats dropped 30 pips in 10 mins

So all in all in last hr a 50+ pip fall - a 45 pip rise and a 30 pip fall again

Total 125 pips - if you got anything over 50 pips out of 3 scalps - you are ace - but even if you only got 20 or 30 pips - thats still good - all positive pips are good - especially off tight stops

 

[Forexmospherian]

AU

10 49AM

Might be lining up for a scalp sell in the hour TW

Price at 7706 and 7702 to 12 is all a R area

Above 7720 still in scalp buy mode

 

[Forexmospherian]

EU

late catching 10 39 am scalp buy - instead of getting in at 1165/66 - did not enter to 71 - and was then thinking - too late

After 10 47am and 49 it carried on up and now peaking at 1182/84

Having to take it - as got a call off daughter to collect her from station

Back later on - hopefully before Midday

 

[Forexmospherian]

12 14 pm

Back now and just checking charts and set up etc

Here for maybe 2 hrs for now with red news at 1 30 pm

 

[Forexmospherian]

AU

10 49AM

Might be lining up for a scalp sell in the hour TW

Price at 7706 and 7702 to 12 is all a R area

Above 7720 still in scalp buy mode

AU

12 16 pm

Well levels were not spot on

We stayed under 7720 and did not stop by 7712 - needed 7717 before the turn and fall after 11 21 and 11 30 am

Since then dropped 20 pips - but was not here to take it

Now - still a sell on bounces staying under 7712 and 7718

 

[Forexmospherian]

EU

12 20 pm

UPDATE

Low so far approx 1150

scalp bullish above supports - BUT below 1230 and even 1210 - still in the bearish PS for lunchtime session

News in 70 mins might take it outside this range next

 

[Forexmospherian]

GU

12 22am

I have said this at least 3 times this morning - ie a sell under 5515

Trouble is it breached supports at 5490/2 down to 5465/70 supports - and then retraces all the way back up to 5510 area

Great for scalping - nightmare for swingers

 

[NickBk]

News in 70 mins might take it outside this range next

I have no doubt at all.

 

[Forexmospherian]

News in 70 mins might take it outside this range next

I have no doubt at all.

Hi Nick

Yes - its needs something to try and get it going etc

You get the feeling with Greece problem it would want to fall back into the 0800 -1000 area next - but really the price structure on the longer frames suggest that it could stay in a bullish structure for more tries in June above 1300 and 1400 +

Glad I am intraday on the EU - some days its easy - other days - you just want to ignore it and trade other pairs

 

[Forexmospherian]

EJ

12 38 pm

Another pair like the EU - should just fall and be sells under 138 70 and 60

Trouble is after the big 90+ pip drop in 5 mins - its just retraced up 50 pips from the 138 00 support area and then just gone into chopping wood / rest stage

UJ been falling this last hr and EJ did join in - but not convincing for now -

Will leave alone until after 1 30 pm news I reckon

 

[Forexmospherian]

EU

12 20 pm

UPDATE

Low so far approx 1150

scalp bullish above supports - BUT below 1230 and even 1210 - still in the bearish PS for lunchtime session

News in 70 mins might take it outside this range next

EU

After 12 30 pm and 12 39 pm - scalp buys came in

I missed the 12 30 one but jumped in last 10 mins as it started to rise more

Approaching 1200 and remember under 1220 and 10 - still bearish and could be another sell in next TW or after hr change

 

[Forexmospherian]

EU

After 12 30 pm and 12 39 pm - scalp buys came in

I missed the 12 30 one but jumped in last 10 mins as it started to rise more

Approaching 1200 and remember under 1220 and 10 - still bearish and could be another sell in next TW or after hr change

Retraces staying above 92 are scalp buys again as well for now

 

[Forexmospherian]

1 00 pm

EU

up at 1207 now

Scalp sells can only be held on under 95 and 87 now

Above 97 still a buy atm