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

[NickBk]

short GU 97

looks good so far -)

 

[Forexmospherian]

EU

5 40 pm update

Now in a range from 0835 ish to 0875 ish - ie 40 pips

That range could become another BTTZ tease range

Above 0875 and and 0880 scalp buys

Below 0835 and 25 - scalp sells

In between - GL

 

[Forexmospherian]

afternoon pete thak=nks for the answer to this mornings question ------- just curious what setting is red line ???

Red LR setting is around 500

I have had it various broker platforms from 455 to 550 with most common settings 475 to 525 -

The other 2 not quite so long LR settings important at well as they help towards spotting the PS..


EU today as not really gone under its original LitS settings from pre opens - but twice tried over 0865 ish

 

[Geofract]

EU M30

M30 sideways - 1.0820 daily level 27/05/2015

 

[Forexmospherian]

Tuesday 21st July 2015 - Pre Opens

Good Morning to all FX Intraday Traders

Another very quiet day on the news calendar from what I can see

Yesterday was OK - some good moves on the UCad / AU / GJ etc - but the EU was very boring and time consuming - if its the same today unless you only have a fairly low daily target ie 25 or 30 pips - make sure you check out the other pairs to find the bigger movers.

Yesterday in one particular hour it was possible to make over 50 pips purely scalping the GU - ie 2 scalp buys and 2 scalp sells ( see chart yesterday) - even if you are not an experienced scalper and only caught 2 or 3 of the 4 scalps for only 40% of their moves then you would have made at least 15 -20 pips - more than you might over several hours than on the EU

Normal stuff today - I will be doing at least 4 hrs up to even 6 or 8 hrs of trading - all depending how busy the FX markets are over a 12 hr session - which as already started at 6 00 am UK time ( actually 6 03 am - scalp buy set ups on GU / EU / EJ )

All FX inputs welcome - ie calls - charts - forecasts - ideas - questions etc etc


Have a great day


Regards


F

 

[Forexmospherian]

6 25 am


LItS areas for session Price structure bias on main intraday pairs -


EU - 0830 - 0838 ish

EJ - 134 65 - 134 75 ish

GU - 5565 - 5580 ish

UChf - 9635 - 9650 ish

UCad- 2993 - 3000 ish

UJ - 124 25 - 124 35 ish

AU - 7970 - 7986 ish

More to follow on bigger movers later

 

[Forexmospherian]

EU

6 30 am - update

Price at 0817 - under LIts - - 19 high so far and I scalp bought at 12/ 13 at 6 03 am UK time as a sync set up with EJ and GU

0811/12 is the low - 6 21 am was the scalp sell - but if 30 min rule holds and we dont go under 0808 - then I will buy again

Initial scalps - in the 3 -7 pip ranges for a start

 

[Forexmospherian]

EU

6 33 am

For the EU to start to go into a bullish PS we would need price back over 0830 + and then tries over 0860

For now I dont expect that to happen - so the scalp buys might stop before 30 /35 - or they might tease up and make 40 -50 - I dont know the answer to that atm - but i will know more every 10 -12 mins

I will only sell more for now under 0808 and 0798

 

[Forexmospherian]

Update on scalp buy syncs from 6 03 am

EJ so far the best - atm made me 13 pips and I am down to 70% stake with stop in profit on 30% at 58

GU - yes got all 3 this morning - made me 6 pips and I exited as was in 3 scalps simultaneously - so difficult to manage

EU - so far 2 scalps on it - up 8 pips with a stop in profit on 30% stake at 13/4 - which might get taken out next

 

[Forexmospherian]

AU

6 41am

Was in a set up like EU / EJ etc at 6 03 am - did not scalp it so far but noticed the 6 32 am scalp sell on it as been nice - a clean 13 pip fall to a new low at 7345 as I type

Under its LitS - so sells really on pullbacks staying under 7357 ish

 

[Forexmospherian]

EU

update at 6 44 am

Not in any scalp on it atm - taken out 30% stake in profit

Now the clues - need over 0826 and 30 for holding or taking new scalp buys for moves higher

Under 0824 - favours sells - but supports have held over 30 mins and need another 10 -12 mins before they can let go - theoretically

I would only scalp sell more under 0808 and 0795

 

[Forexmospherian]

i notice a lot of time the GU and AU are good sync buddies on scalps

Both after 6 32/3 am were good scalp sells - got neither - whereas the EU and EJ are oppositely correlated with the UChf most of time - and when all 3 in synce ie EU / EJ say moving up and UChf falling - they are stronger moves

Other scalp pairs to correlate include EA and UCad with the AU

 

[Forexmospherian]

UJ

6 51 am

So far above its LitS area and bullish PS this morning with high so far as I type - 124 47

Pullbacks staying above 41 are then scalp buys again for now

Need to check main R ;s areas on it next

 

[Forexmospherian]

6 55 am

5 mins to the European Open

EU still staying above its lows - coming up to 1 hr soon

It can drop under there after 50 -60 mins - and the LitS says it should as long as it stays under 0826 and 30

If however price makes over both - then different ballgame and EU then no longer in a pure bearish early morning set up

Should be interesting - we know the clues - above 26 and 30+ for looking at more scalp buys

Under 0808 and 0795 for more scalp sells

In between - wait ;-)

 

[Forexmospherian]

Yen crosses

6 59 am

For now - all fairly bullish - even EJ trying - shows weak Yen atm

Could all change after both opens though - as I am sure you know

 

[Forexmospherian]

EU

update at 7 04 am

Scalp LitS now at 0817

above 17 and 20 scalp buys

Need under 0816 - 10 - 08 etc for scalp sells

 

[NickBk]

Morning F,
Got 12 points from EU so far only trade on fx.
Had one meaty EU yesterday which worked out well.
Need a coffee and a breather after the Hang Seng. Worked out but it is wilder than Dax.
Interesting to be in this time zone and see things differently.
For the haters 3% on my account this morning.
Cheers

 

[Forexmospherian]

7 10 am

Wish I had just stayed in all 3 scalp buys after 6 03 am this morning

If only - lol the traders excuse ;-)

All 3 are still trying up atm - GU and EJ the best pairs - EU - too slow

Will this change now outside 7 00 am TW ?? - if it does it depends on size of pullbacks then

 

[Forexmospherian]

Morning F,
Got 12 points from EU so far only trade on fx.
Had one meaty EU yesterday which worked out well.
Need a coffee and a breather after the Hang Seng. Worked out but it is wilder than Dax.
Interesting to be in this time zone and see things differently.
For the haters 3% on my account this morning.
Cheers

GM Nick

Well done - yes time zones and windows so important for FX - its all the bot trading etc etc

I did not catch the last GU rise at 6 40 or 6 51 am - but either was a 15 pip scalp buy - - some nice scalps over last 45 mins

Have a good day - cut the bad un's super quick and GL

PS - out at 7 40 am this morning - back after 8 15 am or so

 

[Forexmospherian]

I appreciate its a bit easier for me - as I am used to matching price with time all the while

ie On EU now - high 0828 - after 7 08 am scalp sell - but we should be able to scalp buy above 0816/17 next

To stay with scalp sells - we need under 0816 - 08 and 0795