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

[NVP]

more shorter term I have been attacking European buys into the recently fading usd .....but usd is ranging so i'm not tooo excited at the moment

 

[Forexmospherian]

morning all

usd came bull north from 5pm bst yesterday ...........I would recommend holding until we see confirmed breaches of the horizontals shown for usds next move..........

that's about a 12-15 pip range on the usd .........

N

Morning N

Yes - we need more confirmations to really go with longer scalps

I have been scalp buying EU / EJ / EA - with the idea of scalp selling from a little higher maybe in next TW

Have a good day


Regards


F

 

[NVP]

7 10 am

Overall - a bit of dollar weakness going on - especially after EO at 7 00 am

agreed ...........lower range of usd for day being tested again now

 

[Forexmospherian]

EU

7 17 am - update

Pullback staying above 1033/4 for me - are still scalp buys again - but I expect by 50 for it to give up - maybe

Under 1030 - 28 - 25 would be scalp selling more

 

[Forexmospherian]

EJ

7 19 am update

As normal - prefer EJ to EU as it mover better - and normally better PA

So far from after 6 00 am and scalp buys its been up 21 pips

Pullbacks staying above 135 35 - ae still scalp buys again

I do want to scalp sell it - ideally from 55-60 area

Would only hold sells under 135 29 and 24 for now

 

[Forexmospherian]

7 27 am

EU

Key price for me atm is 1039

above still scalp buys for testing 50 +

Below 39 an 29 then more scalp sells

 

[Forexmospherian]

Well did not get all 3 - EU / EJ / EA lined up correctly for sells - if I had it would have been worth over 65 pips in less than 15 mins - but i will accept 26 pips off that lot as being OK ish

 

[NVP]

then boom last few mins ...........usd bounces within that range and hammers north

Europeans selling

 

[Forexmospherian]

GU

7 32 am

Not scalped it - as busy on others - but was a lovely scalp sell after 7 09 am and 7 21 am

The trouble is risk - if you try to simultaneously scalp 3- 5 pairs - you either have to have lower stake sizes etc - so best to cherry pick just 2 or 3 pairs when they are in sync

 

[NVP]

usd still hammering it .......excellent hour in progress

 

[Forexmospherian]

Whilst the EU / EJ / EA / GU etc were nice sells last 20 mins or so - the UChf and UCad - which am in on a 30% stake buy - have been rising

Shame I missed GU - PA on the fall as been really nice - not like the EU lol

 

[Forexmospherian]

usd still hammering it .......excellent hour in progress

I hope you caught the GU Neil - so far 40 pip drop - and i was not with that pair - shame

In fact GU been better than EJ / EA pairs -

 

[NVP]

GU

7 32 am

Not scalped it - as busy on others - but was a lovely scalp sell after 7 09 am and 7 21 am

The trouble is risk - if you try to simultaneously scalp 3- 5 pairs - you either have to have lower stake sizes etc - so best to cherry pick just 2 or 3 pairs when they are in sync

agreed .......for me its the correlation factor that always limits my exposure................as I am generally playing the usd's direction its easlier for me to gauge who to play .....for eample the gbp was the early selloff in this last move so I go GU and load up on other Europeans as they develop

at the end of the day though that's still quite a correlated grouping

N

 

[Fugazsy]

Morning N

Yes - we need more confirmations to really go with longer scalps

I have been scalp buying EU / EJ / EA - with the idea of scalp selling from a little higher maybe in next TW

Have a good day


Regards


F

GM

Made 15 covered half SL@ BE, I do not like to cover but technicality told me so.....we see...free trade and book some profit

 

[NVP]

good points from F on the aussie D as well...........that dude has been the serious king pin buy in last few hours so was a no brainer buy for me when usd was weaker

however

its divergence from the weak NZD is a worrying factor (I like them tight:whistling)

N

 

[Forexmospherian]

Bounces started after 7 38 / 39 am

 

[be-positive]

morning long EU 23

 

[NVP]

good points from F on the aussie D as well...........that dude has been the serious king pin buy in last few hours so was a no brainer buy for me when usd was weaker

however

its divergence from the weak NZD is a worrying factor (I like them tight:whistling)

N

Although the NZD;s recent weakness is a worry for me

I like my aussie team tight and on same bias !

N

 

[Forexmospherian]

Morning Fugazsy

The EA is a nice mover - although on bounces - yen must be weak and EJ bounced back up well and UJ as been a buy anyway so far

 

[NVP]

morning long EU 23

brave calls gang ........i'm not convinced just yet