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

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8 28 am

Missed out on initial scalp buys at 8 00 am - but joined in after 8 20 / 21 am

We have managed to do many turns - and lows have held
 
EU

8 32 am

Bounced all the way back from 1155 to 1200 - all within 25 mins or so

Still it a range though - as we need above 1205 and 1210 to stay with buys
 
EU - supports have formed from 1160 to 75 - so as long as we stay above there on pullbacks - then we will try and breach above 1200.

Under supports - then back to sells again
 
UJ

8 38 am

Not mentioned this pair on scalps this morning

Its was under its LitS area from before the Opens - so favouring sells

After 8 00 am and LO its dropped so far approx 40 pips

Supports at 122 00 - 05 and bounces staying under 122 35 - are possible sells again
 
EJ

8 41 am

This pair became the odd one out after 8 09 / 15 am - as it did not sync with EU and GU and pullbacks up - but carried on falling and making new lows

That confused me for a start - but with UJ also falling it made sense - ie Yen strength had come in to play

Its dropped now over 50 pips from early opens with next supports at 136 25 /35 and under there 136 10 and 136 00 ish
 
Going to have a break before next hour and then focus more on Pound crosses etc for the UK news at 9 30 am

See you in a bit
 
Morning BP

Still got EU / GU and EJ in bearish PS 's for now -

BUT

with GU the nearest to turning

Pound news in 12 mins

will check out other pound crosses as well next
 
9 20 am

GJ is bearish PS under 192 60 -70 area

GA is bearish under 2 0510 and 0520 area

GU - bearish PS under 5735-45 area

Will news change this ??
 
EU

9 24 am

Quick update

Under 1155 and 50 - more sells

Need above 1180 and 90 to be looking at holding any scalp buys taken above 1160/65 area

Stuck in tight range - will the Pound news have any effect on EU ??

We will know in next 5 -10 mins maybe
 
Agree

after a 30 + pip spike up on Pound news - now its going nowhere atm

No effect on EU though

Under 1200 - 1180 etc for me still bearish but need under 1155 and 50 to sell more

NU made the last 20m south.....was able to take 12 pips risking 6 on UJ
 

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9 45am

EU

Low so far 1148

if we can stay under 63/65 on bounces - we should be able to sell again - as long as low does not last over 30 mins


EJ - low so far 136 09

staying under 136 32 on bounces should be sells again for now
 
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