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

[MajorMagnuM]

We need to check out our PS bias based on the line in the sand idea on different pairs

would be a good check for both of us on many pairs

See you later - see if your bias agree with my earlier LitS this morning

ok i checked.
"EU - 1080 -1090 ish"
this does not solve the issue for me at all tho.

 

[MajorMagnuM]

m20 update

 

[Forexmospherian]

ok i checked.
"EU - 1080 -1090 ish"
this does not solve the issue for me at all tho.

Hi MM

Come out the garden to check and see if anything happening

My LitS area - pre opens was 1080 / 90

Until we drop under both these prices - then still will take scalp buys to test the high so far at 1118 ish

I noticed on EU after 2 pm another buy but unless we get over 1110 and 15 - its just still in a range

 

[Forexmospherian]

UJ

10 29 am

That been OK after 10 00 am

dropped under 123 00 and also its LitS area

UJ

3 20 pm

Star after 9 09 - 10 00 am - 12 30 pm etc

Just kept falling and now 60 pips down from its morning highs and 35 / 40 pips under it LitS

122 60 is holding for now - but unless we make over 75 on pullbacks etc - its still another sell

 

[Forexmospherian]

AU

3 23 pm

Still not 7500 - need that to sell more - otherwise more buys back over 7530 and 35

 

[MajorMagnuM]

Hi MM

Come out the garden to check and see if anything happening

My LitS area - pre opens was 1180 / 90

Until we drop under both these prices - then still will take scalp buys to test the high so far at 1118 ish

I noticed on EU after 2 pm another buy but unless we get over 1110 and 15 - its just still in a range

?? but we scalp down to those levels too..?!?

ps it was 1080 not 1180

 

[Forexmospherian]

GU

3 25 pm

Expected it to stay above 5615 - but dropped to 5602 and took out my 30% buy stake

Pullbacks staying under 5620 are still sells again for now with supports at 5600 area

 

[Forexmospherian]

?? but we scalp down to those levels too..?!?

ps it was 1080 not 1180

Cheers - changed it - its the rose wine lol

Yes agree scalp down to those levels - but still cannot sell it off as in a bear session structure until under the LitS and so need under 1075 - 70 - 60 etc.

Once that happens - we can rule out tries over 1118 + in this session or day - but whilst we still stay above 1080 and 1100 - then still it could test higher - as still in a bullish PS session

Does that make sense to you ?

Regards


F

 

[MajorMagnuM]

Cheers - changed it - its the rose wine lol

Yes agree scalp down to those levels - but still cannot sell it off as in a bear session structure until under the LitS and so need under 1075 - 70 - 60 etc.

Once that happens - we can rule out tries over 1118 + in this session or day - but whilst we still stay above 1080 and 1100 - then still it could test higher - as still in a bullish PS session

Does that make sense to you ?

Regards


F

do you mean " cannot sell it off as in a bull session structure" ?

 

[MajorMagnuM]

or did you mean " cant sell it off as we would do in a bear session structure?

 

[Forexmospherian]

EU - After 3 30 pm Friday afternoon and US Bank Holiday

EU

1 min LR chart with some KT's and TL's and LitS from pre opens

 

[Forexmospherian]

EU

1108/10 is a R and also now 1103/5

From 3 39/ 40 pm its just a scalp sell again for now under the 2 R's

 

[MajorMagnuM]

04 now lis?

 

[MajorMagnuM]

could you clarify post 50384 and 50385 for me as it could mean either.

 

[Forexmospherian]

04 now lis?

Scalps wise - YES

over 1104 favours tries up

Under 1104 favours tries down

But in terms of session structure for this US friday afternoon - above 1080/90 still favour up bias / bull - and need under 1175 / 70 etc for it to drop out of its bull session structure

 

[Forexmospherian]

4 00 pm - saw the bull candle come into play

 

[MajorMagnuM]

could you clarify post 50384 and 50385 for me as it could mean either.

this difference obscures the meaning

 

[Forexmospherian]

could you clarify post 50384 and 50385 for me as it could mean either.

I will and try and explain it more

Scalp wise - as you know - we can buy and sell in any price structure - does not matter if a bull structure for session or bear session

However - to hold 30% stakes on and to pyramid and peel you need more clearer structures - rather than just a range

For me so far today 1080 to 1120 is just a 40 pip range

Until we come out of it - I cannot treat it like the AU today - ie a clear bear session structure from early AM - so favour sells and scalp sells etc

Does that maybe explain more how i see it ??

 

[Forexmospherian]

We know the AU was the easiest pair today on our list - and then after Midday - the yen crosses - particularly UJ - thats gone into a clear bear structure under 123 and 122 90

Other pairs - not really so easy

 

[Forexmospherian]

this difference obscures the meaning

Does my explanation with regards to scalps and PPND help more ??