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

[Forexmospherian]

AU - peaked now just under 9000 at 8998 would like to scalp buy again above 40 and looking to see a suitable entry

Looking at using 52 as my stop now for scalp buys

 

[Forexmospherian]

AU - got interim R;s at 75 - 80 area so will take 70% Off now at 72

 

[Forexmospherian]

GU - can scalp sell under 6377 and 74 - but above 80 still trying up for 6400

Just touched 6400 - taken 70% scalp buy off

 

[Forexmospherian]

EU - need 96 and 99 to hold scalp buys on for now - under 88 and 85 can scalp sell - but would only hold under 75

 

[Forexmospherian]

AU as not become at scalp sell at 67 - so taken 30% stake off now - but not entered the sell

 

[Forexmospherian]

Just touched 6400 - taken 70% scalp buy off

Above 85 still a scalp buy - but would take the remaining 30% stake off at 88

 

[Forexmospherian]

EJ - as done another High at 139 36 cannot sell until under 17 and 13 so scalp buys above

Approx 30 mins ago - got a scalp sell at 16 and it bottomed at 06 - all out at 08 and now over 13 and 17 - back to scalp buys again

 

[Forexmospherian]

Too many scalps available atm - i dont like being in more than 2 at same time - never mind 4 or 5 so not in Au scalp sell for now

 

[Forexmospherian]

Too many scalps available atm - i dont like being in more than 2 at same time - never mind 4 or 5 so not in Au scalp sell for now

Whilst the AU drops approx 15 pips - the EA as risen now 30 pips from its scalp buy at 3.00pm time

 

[Forexmospherian]

GU - out of my 30% scalp buy stake at 88 - as now a scalp sell - stop say 93

 

[klw]

GU - out of my 30% scalp buy stake at 88 - as now a scalp sell - stop say 93

So by this you mean if it goes over 93 you wont sell again ?

 

[Forexmospherian]

EA made 5199 - out totally at 95 - as a scalp sell under 95

 

[Forexmospherian]

So by this you mean if it goes over 93 you wont sell again ?

Hi Klw

Yes - the stop on GU scalp sell was 93 and under I would take profit either all or 70%

If it goes back above 93 - i would be out my scalp sells - as really 93 - 95 is a scalp buy area

I have been slow on Gu as should have exited all at 80 - but instead left 30% on - and now caught out as 83 became the scalp buy - but would need above 93 to hold it on

83 - 93 is my BT tease zone - could go either way here - but hoping I can exit 30% stake under say 85 - if not 89 will do

Hope that explains - but no problem with any questions etc as we go along

 

[klw]

Hi Klw

Yes - the stop on GU scalp sell was 93 and under I would take profit either all or 70%

If it goes back above 93 - i would be out my scalp sells - as really 93 - 95 is a scalp buy area

I have been slow on Gu as should have exited all at 80 - but instead left 30% on - and now caught out as 83 became the scalp buy - but would need above 93 to hold it on

83 - 93 is my BT tease zone - could go either way here - but hoping I can exit 30% stake under say 85 - if not 89 will do

Hope that explains - but no problem with any questions etc as we go along[/QUOTE





Yes that's great thanks.


Cheers.

 

[Forexmospherian]

EA made 5199 - out totally at 95 - as a scalp sell under 95

Missed low at 82 - but out all at 87

 

[Forexmospherian]

Out rest of scalp sell on GU at 86 - still a scalp buy if it can crack 93 and 95 now

 

[Forexmospherian]

GU - high was 91 and LH 89 - so scalp sell again now under 93 and 89

 

[Forexmospherian]

yes 83 to 93 on the GU is a BT zone - is just wants to catch you out and so will exit scalp sell b/e and ignore to we get a proper break either way now

 

[klw]

Quote:
Originally Posted by Forexmospherian
EA made 5199 - out totally at 95 - as a scalp sell under 95
Missed low at 82 - but out all at 87


How did you calculate 95 as a scalp sell when the high was only 99 , interested to know ?

 

[Forexmospherian]

Quote:
Originally Posted by Forexmospherian
EA made 5199 - out totally at 95 - as a scalp sell under 95
Missed low at 82 - but out all at 87


How did you calculate 95 as a scalp sell when the high was only 99 , interested to know ?

No problem - i will give you my clues

1, The price was hit outside the time windows -but at 3.15 pm -- and 15 / 16 mins are half way between the hr and half hr time window - so can be an option on timing

2. Prior to the move up we had over a 40 pip move in under 12 mins - so price becoming OB in the short term

3.I had 2 quick LR's going over at 97 / 98 and by 95 - all 2 were over saying scalp sells confirmed with LH at 94

4 I should have watched more carefully as we hit 81 within about 5 mins and I should have then exited at 82 - but missed it - it was the new half hr time window as well

5. With no under 5180 - it became an interim support areas and then by 90 my quick lrs under saying another scalp buy - and then once back over 99 itw as more scalp buys again - as structure still wants higher

Hope that helps klw

Hope that helps