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

[Forexmospherian]

1115/13 had nice alignment with intra-day pivot/res from early this am. There was also a 123 reversal on my tick chart at the time.

View attachment 193240

That 1115 is a strong level by the look of it

stopped another rise just

 

[Forexmospherian]

1100 should just let go - but market makers dont want it to just yet - for some reason ?

 

[Forexmospherian]

EJ

9 06 am

Dropped 50 pips approx from 7 30 am ish

136 00 to 136 10 is all support now - like 1100 / 05 on EU

 

[Forexmospherian]

From a cursory look on a more simple chart it just looked like hoping the bottom had been reached rather than, as you would say, more indicators aligned.

EU as been just bouncing between 1115 and 1100 / 05 - quite a few times

We know one as to let go - but maybe players want to wait for more bears on board - before they try rising it

If not they may fade a false break by 2 -5 pips and then reverse - either way

 

[Forexmospherian]

Its a BTTZ tease area - maybe to 9 30 am Pound news ?

 

[Forexmospherian]

UJ

8 45 am

Ideally - would like to scalp buy again above 122 51 / 55 area - if all lines up in next TW

UJ

9 15 am

It made 122 55/56 - and i scalp bought it

So far up a measly 4 pips - lol

 

[NickBk]

EU as been just bouncing between 1115 and 1100 / 05 - quite a few times

We know one as to let go - but maybe players want to wait for more bears on board - before they try rising it

If not they may fade a false break by 2 -5 pips and then reverse - either way

I would say that is an example of trading what you think over what you can see.
Just my 5p worth and you know I am a fan.

 

[Camel Salesman]

EU

If this 5m bar closes above 11053 it's going for a swing up

 

[Camel Salesman]

EU

If this 5m bar closes above 11053 it's going for a swing up

Zzzzzzz

 

[Forexmospherian]

I would say that is an example of trading what you think over what you can see.
Just my 5p worth and you know I am a fan.

With the EU being under the LitS area - and basically bear bias from Opens - then you favour lower and I think whilst we stay under 1115 and 17 - then should still fall lower.

If you are not scalping - then its ideal time to sit on hands and wait and hope your stop at say 1118 or 20 - stays in place

GU news in 9 mins - that should be bullish - i reckon ?

 

[Geofract]

I guess many of you will have spotted this before, but anyway, FWIW, generally I do watch for the distances between the pivots to decrease, showing decelaration, before picking reversals to the main trend. Useful to avoid falling knives I guess. Though some may say that's too cautious, and that's fair enough too.

 

[Forexmospherian]

After Pound news - going to have a 15 min break - basil needs his walkies lol

 

[Camel Salesman]

I guess many of you will have spotted this before, but anyway, FWIW, generally I do watch for the distances between the pivots to decrease, showing decelaration, before picking reversals to the main trend. Useful to avoid falling knives I guess. Though some may say that's too cautious, and that's fair enough too.

View attachment 193242

Love it

 

[Forexmospherian]

I guess many of you will have spotted this before, but anyway, FWIW, generally I do watch for the distances between the pivots to decrease, showing decelaration, before picking reversals to the main trend. Useful to avoid falling knives I guess. Though some may say that's too cautious, and that's fair enough too.

View attachment 193242

Sometimes though caution pays off

Maybe Pound news might be very bearish and then GU fall and EU joins in with a 15 -25 pip further move down

 

[Forexmospherian]

GU is falling now - 4 mins before news

players know most traders will not take trades say 5 -10 mins before red news

Except us scalpers lol

 

[Forexmospherian]

Looks like the Pound bulls wanted to buy lower again at 5700 area

 

[Forexmospherian]

GU

PS is bullish

PA is bearish

and at 9 30 am - structure wins

 

[Forexmospherian]

But not for long

 

[NVP]

still working the usd buys ...........

 

[Forexmospherian]

30 + pip spike up and then a 20+ pip drop below - nasty