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

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GU - the fact that we have had a near 40 pip drop from the high this morning - you tend to think this is being set up for players to buy again at news.

Structurally - GU - above 6290 / 6300 is still wanting to rise again and so any fall might still stay above supports in the 6280 area.

Over 6360 - then clear for a rise higher fo 6400 and 6430 if it as got legs

We will know in next 10 -12 mins now - not trading news with a limit entry - or a "wrap" - but will hope to be scalping it after we get more clues

GL
 
Morning fxmo... cable looking weak here eh?


Morning DJ

:) - I reckon its being set up again - yes its in a scalp sell mode for me under 35 -29 and 25 - but whilst still above 6300 tend to think it might be bought again;-)

Too much a chicken to be in for the news - but will be hopefully trading it after the initial "fun" take places

Good Luck


Regards

F
 
Yeah might be right. I had a nice Eu trade a few mins ago, small cable loss, flat now. Might look to trade post-news...
 

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