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

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Just for information purposes - the EU as now made a 100 + pip rise since the Opens

I wonder how all those traders selling off are getting on ?

I have no problem selling the EU - nor buying it

Ok I would favour selling due to all the fundamental reasons - but we have to remember before price goes under say 0900 and 0750 etc - it might make 1250 or 1350 etc etc

Can you live with 250 + pip stops - lol - even for 500 + pip targets - still so inefficient really - RR's of 2 + trades - intraday traders can make then in 15 mins normally
 
can I ask why 57 ???

Yes

I had interim supports at 58/9 to 61 ish on 2 charts

So needed under to feel more comfortable it would drop more

It might have made just 59 or 60 - turned and tried 70 -72 - before dropping again

Supports now 35 to 45 and first bounce at 45
 
EU

2 10 pm

58/61 is an interim R area now and 45 first support

If we do try over 72 and 85 - we need to wait another 15 -20 mins at least for time rules

For now under 70 and 59 favours tests on the 35 -45 area

Above 61 and 73 and 85 - then all those prices favour more scalp buys
 
EU

3 17 pm

I reckon if we do stop at 1017 / 20 area still need then above 28 and then 35 to make a turn

Bounces staying under both are still sells for now
 
Next supports - all from 1005 to 1009

If we keep falling under 1000 and 0990 - then back into a bearish price structure and session

Back after 4 00 pm next

GL guys
 
3 58 pm

EU

still cannot drop shorts at 0994

Under 1008 and 1004 - still a sell for now

When can we buy ??

Soon again I hope ;-)
 
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