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

[Forexmospherian]

I reckon pullbacks need to stay above 1278/80 for this move to test over 1300

The fact that its happening around news time - shows manipulation etc

Will not want to be in it at 1 30 pm - even if its at 1297 or 1300

Comment from 10 mins ago

we droppeD at 1291 to 83/4 and then bounced to 1298

Extra clues now

ie need to stay above 85 and make over 1303 to stay with buys

If we dont stay over 85 and go under 82 - 80 and 78 - scalp sells

 

[Forexmospherian]

1300 at 1 39 pm - on my charts

 

[Forexmospherian]

So far 1304

How do we play it now ?

Just take part stakes off and bank them

Above 1295 we can still scalp buy again for now

 

[Forexmospherian]

EU

1 48 PM

1307 HIGH - 1301/2 LH from 93 bounce

Now under LH its a sell again and we need 30 mins with no breach of say 1310 now

 

[Forexmospherian]

We look now at supports again and deduce - above 1278/80 still in scalp bull bias

So we should be able to buy above 80 - but need over 96 and 1303 to stay with scalp buys

Under 1301/2 and under 1298 favours lower - so again a battle of bulls and bears - or really a controlled manipulation rip off

 

[Forexmospherian]

Price structure now on EU for 2 00 pm say higher - ie above 1300 and 1310 +

Trouble is its trying to dump weak bulls and next R are is all 1310 -20 area - so need to quickly go above there to ideally over 1325 +

Also watch the clock on 30 -33 mins and see if 1310 stays un breached

 

[Forexmospherian]

EU and EJ

If you notice after 1 39 / 1 40 pm - end of 1 30 pm TW window - both pairs fell

Now at 2 05pm -- approx 25 mins later

EU down approx 19 pips

EJ - down approx 30 pips

Its worth paying an extra 0 3-5 of a pip spread for larger movements

 

[NVP]

eu is bouncing off the 2pm bar.........1279 the low ..........gu bouncing as well

N

 

[Forexmospherian]

EU

2 16 pm

1280 held and 2 09 pm was a scalp buy

Now we could end up with a BTTZ next - ie tight teasing range from 1280 to 1310 - ie 30 pips

Its large enough to scalp - but if played with - then be careful as it will catch you out - and even me

Either wait under under 77 and 73 for scalp sells - or over 1308 and 1312 for more scalp buys

In between just make sure quick Lrs are all under price to keep buying

 

[Forexmospherian]

will post my EU chart in a bit explaining what I see in a bit

 

[Forexmospherian]

will post my EU chart in a bit explaining what I see in a bit

EU - 1 min LR chart at 2 19 pm

Note the range and bias

 

[Forexmospherian]

EU

1 35 pm

How do we play this ?

above 1278/80 - scalp buys

Under 1290 scalp sells

One will win and for now its the bull bias

We look now at supports again and deduce - above 1278/80 still in scalp bull bias

So we should be able to buy above 80 - but need over 96 and 1303 to stay with scalp buys

Under 1301/2 and under 1298 favours lower - so again a battle of bulls and bears - or really a controlled manipulation rip off

EU

2 33 PM

So far going to plan in the Range from 1280 to 1310

2 31 pm at 1301 was a scalp sell now

 

[NVP]

eu is bouncing off the 2pm bar.........1279 the low ..........gu bouncing as well

N

Eu got to 1301
GU hasn't delivered

 

[Forexmospherian]

Loads of scalp opportunities on many pairs - but being first day back just staying with EU and a bit of EJ

 

[NVP]

gbp running north fast ..........

 

[NVP]

1288 eu under pressure .looking for sells here

 

[NVP]

gbp came out of the 2.30 gates like a sprinter north

 

[Forexmospherian]

EU

2 33 PM

So far going to plan in the Range from 1280 to 1310

2 31 pm at 1301 was a scalp sell now

EU

2 39pm

low so far is a HL at 1282 to 1279/80 interim low

WE are in a BTTZ tease zone now - specially set up by the market - to take your money

Expect the unexpected and then you will be OK ;-)

Wait until clearly under 77 and 74 for more sells - and over 1303 and 10 for more buys

In between - just sitting on hands for now and making a cup of tea

 

[NVP]

1288 eu under pressure .looking for sells here

1285...................

 

[NVP]

1288 eu under pressure .looking for sells here

its high was 1299.............but that was such an aggressive trade