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

[SteveJM]

GU looks like it can break to upside - over 50 wait for pullback to 48/50 and then target up to 70

 

[SteveJM]

66 is the low from earlier today - so any HL might be 69 to 73

If we clear under 69 and 66 then scalp sells lower again

will keep in mind - have tightened stop to almost BE

edit - target now 73

 

[Forexmospherian]

GU looks like it can break to upside - over 50 wait for pullback to 48/50 and then target up to 70

Agree - above even 42 still a scalp buy for me

 

[Forexmospherian]

UJ - 75 low so far - we need price under 73 within next 4 mins really

 

[Forexmospherian]

AU testing previous high today at 08/9 area

 

[Forexmospherian]

UJ - 77 became the scalp buy stop for me now

 

[Forexmospherian]

UJ - 77 became the scalp buy stop for me now

OK taken 70% off scalp buy on UJ at 87 and will hold 30% above 80 so stop in profit anyway now

 

[Forexmospherian]

I would like to take 30% off at 92 -94 area if I can ??

 

[SteveJM]

uj out for 2 pips - sigh!! SO it looks to have formed HL on bigger picture

gone long on GB at 50

 

[SteveJM]

OK taken 70% off scalp buy on UJ at 87 and will hold 30% above 80 so stop in profit anyway now

great call!

 

[Forexmospherian]

Noticed EU done another low at 3485 - don't know whether that was a false drop in time window yet

 

[Forexmospherian]

great call!

Thanks Steve

I tried to remain unbias on UJ - I would have scalp sold more under 70 and had no qualms scalp buying when it did not happen

 

[Forexmospherian]

Gu is still a scalp buy above 45 - but its making a meal out of it

Under 43 and 40 would be looking at scalp sells again

 

[Forexmospherian]

had to take 30% off UJ scalp buy at 90 - w edid not get over 92 - have not scalp sold - might regret it - but have been taking too many trades today ;-)

 

[SteveJM]

GU stop at 445 - target 665 that coincides with S/R on small TF and 38% retracement on whole of today's move down.

not big fan of Fibs but if enough people react of them then they can work

This is my last trade - have to go out now. Many thanks Pete

 

[Forexmospherian]

I don't know whats happened to MM today ? - got to finish now for an hour or so - but hope to be back around later

Look after any profits Steve - although I think you are with it anyway and should make profits everyday if you keep those stops tight

Good Luck

 

[SteveJM]

Made 20 trades ttoday.
Won 10 Lost 10
Gained about 20 plus pips at $1/pip
Commission about $18

Too many trades. Need to hang on to winners more and cut out poor entries. Tomorrow is another day. Feel ambivalent about it - neither negative nor positive. Overall feeling is better to trade breakouts, better to trade overall trend direction, and trade momentum on news events.

 

[SteveJM]

It's a double edged sword but about 3/4 times today I have just been stopped out with a 5 pip stop and then seen original target hit - mostly on GU. I missed a 16 pip profit for the sake of a 1 pip stop-out.

 

[MajorMagnuM]

I don't know whats happened to MM today ? - got to finish now for an hour or so - but hope to be back around later

Look after any profits Steve - although I think you are with it anyway and should make profits everyday if you keep those stops tight

Good Luck

Got pulled into work to cover an absence. told them i cant work tomorrow. looks like i missed a good session

 

[MajorMagnuM]

It's a double edged sword but about 3/4 times today I have just been stopped out with a 5 pip stop and then seen original target hit - mostly on GU. I missed a 16 pip profit for the sake of a 1 pip stop-out.

yes i suffer this!