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

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6 20 am

LitS areas for Key 3 pairs


EU - 0990 - 1000 ish

GU- 5450 - 5470 ish

UChf - 9465 - 9480 ish

EU

Update etc for Opens

6 46 am

6 21/ 22 am - KT was a scalp buy from 1006 /7 and 6 39 am was the scalp sell from 1014

Needed to make over 1018 and 21 to stay with buys - as that is first R area

Above 1000 it is in a bullish PS for AM session

Would only start holding Scalp sells on longer or taking more under 0990 and 80

So initial range approx 20 -25 pips

7 00 AM


EU

as i type 1004 became a scalp buy on the hr change

Need over 1015 and 20 + to stay with it though

EU

7 04am

Turned and dropped at 1011 ish on my chart so cannot hold the scalp buy on

For now we need over 1013 and 15 to take or hold on more scalp buys and under there in theory we sell until the interim supports hold price again

Interim supports at 1000 and 0990

Hi G

These are my EU actions in first hours

I could not hold my scalp buy on 100% when we went under 1004

However - after i scalp bought again - i was then happy to leave a 30% stake on from 1003 and after 7 30 am - it never went lower than 1005 on my charts - so It stayed in action whilst I was out from 7 50 to approx 9 00 am this morning

I did not add to it whilst out - and so when I came back my pip count was only off 30% stakes and not 100%

Hope this make sense OK

Regards


F
 
Just so I am clear though, your 1st trade at 7.21, long EU 1003, contradicts the above statement. And that in this case, caution was not the better part of valor?

Price did retrace post entry, back to 1.10016. Obviously you will allow price to go against you sometimes, albeit perhaps by a pip or two.

Just in case you think I'm trying to catch you out, that is not the case at all. If the answer is, it's subjective, no problem, I can deal with that. But it's better if you're clear imo.


Hi G

Hope comment etc just made help explain it

the 10016 was before I added another scalp buy and then dropped it to 30% stake before I went out at 7 50 am

By rights I should have placed my stop on 30% stake at 1000 - but instead I went with 1003 and was lucky as it came within 2 pips of it whilst i was out and thats too close for comfort - 4 -7 pips margin ideally needed even on 0 6 pip spread

I know Major M does it slightly different to me - and many times he will have more actual part stakes on than me - but either way - the key is finding interim lows and highs and trying to leave 30% stakes on from those areas

Regards


F
 
GU

10 45 am

Years ago it would be rare to see EU being bullish and buys - whilst GU is bearish and sells -

They can still sync up for scalps but their Price structures for AM sessions both different with GU still bearish for me under LitS and 5430/ 40 area

5400 is a support area but price as tested 5389 - and that as lasted 30 mins with no breach

So now above 5390 and 92 - I favour scalp buying more than selling but i need to see over 5415 and 20 to stay with buys


Under 5390 and 85 then more scalp sells
 
UJ

7 20 am

Another easier pair - like AU last 45 mins or so

Again under its LitS area and session bearish and just been sells so far

Bounces staying under 122 00 are scalp sells again

UJ

10 50 am

Low so far 121 40

Under 121 65 still adding scalp sells

Need ovder 121 60 / 70 to be looking at some scalp buys
 

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EG LONG 0.71679 risking 10

Just looking at this Fugazsy - dont normally trade EG but had added it LitS list and its been bullish this morning

So far first high at 7178

Its lasted over 30 mins - which favours more pullbacks - but can be breached again after 50 -60 mins from last high
#

My problem is after 10 50 am and in TW its a scalp sell under 7172 - as a LH
 
morning all ..........

usd comfortably selling off all morning ....so trust plenty of pips being made by all (y)

Europeans have been a little tricky at times as correlating closer to usd than trading the aud and the cad usd pairs (y)
N
 

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just got uj sells for a fast scalp in last 10 mins ......not my favourite pairing and any divergence tells me the g8 market corrleation is in flux ........
 
Just looking at this Fugazsy - dont normally trade EG but had added it LitS list and its been bullish this morning

So far first high at 7178

Its lasted over 30 mins - which favours more pullbacks - but can be breached again after 50 -60 mins from last high
#

My problem is after 10 50 am and in TW its a scalp sell under 7172 - as a LH

live call my friend, not mistaken with that, trading is about action, it is like math, not a matter of opinion.
 
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