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

[Forexmospherian]

EJ

9 59am

Down near the morning low at 138 08 - but so far stopped at 10

Hour change - need to see over 22 and 25 on EJ to hold any scalp buy above 08

 

[Camel Salesman]

EU Long for +3

 

[MajorMagnuM]

this pa is hard stuff

 

[Forexmospherian]

bullocks taken out -------- hard going today

Its the EU being - as normal - bloody difficult

Only need 18 and 22 now to be a buy more

 

[NVP]

eu finally showing signs of slowig the falls around 1300 level .......gu has been kinder to me ............in fact Europeans have not been that great but its what I trade

 

[NVP]

very tight from my view ....

yep - EU not really a sparkling example of sell usd moves

 

[Forexmospherian]

this pa is hard stuff

I think EJ and GU been ok - its always the EU which can be the hardest to trade

 

[NVP]

gu under huge pressure as well now ...............any moves or chances I get to sell usd are wasted on Europeans

 

[Forexmospherian]

yep - EU not really a sparkling example of sell usd moves

EU now at 10 03 is a buy above 1305/6 and a sell under 03 and 1297

 

[Fugazsy]

yep - EU not really a sparkling example of sell usd moves

bears seem to me to have that little bit more strength (only my view), but one has to be nimble because bulls are sitting at the extreme low...

 

[NVP]

gu under huge pressure as well now ...............any moves or chances I get to sell usd are wasted on Europeans

the 15m shows the green USD turning over slowly ...........but the red gbp and blue euro are not buying it ....literally !

much better buying the yellow yen / orange AUD / grey swissie into any sells the green usd has offered in last hour or so

N

 

[Forexmospherian]

9 39 /40 am KT and also 9 57 am - not a key time but near 10 00am KT were both scalp buys on the EU and now its coming up to 30 mins with no breach of low and rise so far of 23 pips

 

[NickBk]

9 39 /40 am KT and also 9 57 am - not a key time but near 10 00am KT were both scalp buys on the EU and now its coming up to 30 mins with no breach of low and rise so far of 23 pips

Big chart please -)

 

[Camel Salesman]

Looking for a reason to fade next bull pull back rally

 

[Forexmospherian]

Big chart please -)

Okey dokey

Will post 2 EU charts on this one

Give me say about 5 mins or so - as not used to this paint on this Laptop this morning

Its me being old lol

 

[NVP]

hey MM

ok lets take a look at this pair .........

I see a cracking Asian into London so far

Euro index has oversold a little

yen has been strong bull (alongside its pal the usd)

my gameplan would be to buy this pair at the moment ............again I feel that we have some retraces long overdue


summary

sell USD
sell yen
buy EUR

performance to date on this EJ .............well the yen has not disappointed .....its sold off quite well overall and is again now selling

but the Europeans are weak this morning (similar issue with usd pairs) .so we are not getting the correlation trades

hmmmmm

N

 

[MajorMagnuM]

yes but dessapointed it came back to base, missed that sell unfortunately

 

[Forexmospherian]

EU - 2 Chart on this morning - one after 9 39 am

2 Charts on EU

Both 1 min Lr charts with larger view and the the scalp buy after 9 39 / 9 40 am low and 9 57 am with LRs under

The scalp buy signs etc

 

[NickBk]

2 Charts on EU

Both 1 min Lr charts with larger view and the the scalp buy after 9 39 / 9 40 am low and 9 57 am with LRs under

The scalp buy signs etc

Thanks alot, very helpful.

 

[Forexmospherian]

performance to date on this EJ .............well the yen has not disappointed .....its sold off quite well overall and is again now selling

but the Europeans are weak this morning (similar issue with usd pairs) .so we are not getting the correlation trades

hmmmmm

N

Hi N

Some days when the market uncouples and plays - it will muck up normal correlations - ie like EU rising just when UJ rose - and normally that would not happen together

The only constant is levels - time and bias on a single pair i suppose then

Regards


F