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

[Forexmospherian]

stopped out EU on free trade at 3511

 

[Forexmospherian]

EJ - under 135,30 in a scalp sell bias again - but need 13 to let go to hold on for a longer fall

 

[Forexmospherian]

Swissy - UC - still testing supports at lows of today

 

[Forexmospherian]

EU - peaking at 3523 atm - scalp sells OK under 20 but really need under 12 and 3509 to look at saying its falling again

Above 3513 still in a scalp buy stronger bias than the scalp sell pull back from 20 - if that makes sense

 

[Forexmospherian]

Not counting my scalps i between - as they cannot always be posted quick enough at the prices need to enter and exit.

But from post 10 mins ago - you can see under 3520 was scalp sell - but with no 12 and 09 - it would then try up again and become a scalp buy - as the bias was still stronger for trying higher

No just prior to half hr change EU price at 3519 again and stiil needing to breach above 23 for higher.

 

[Forexmospherian]

Coming up to the time window at 2.00pm UK time on Monday 18th.

EU range needed to breach - above 23 and 26 scalp buys for higher. Below 12 and 3509 scalp sells down to supports

GU- needs over 6120 to hold on to any scalp buys that started approx 2 hrs ago For scalp sells need under 6106 and 6100 for lower

EJ - 135 .32 -+ needed for more scalp buys under 135.16 and scalp sells for 135.00 and lower

GJ - falt for now - need over 161.32 and 36 for holding or taking new scalp buys

Under 161.06 and 03 scalp sells for breach under low

 

[Forexmospherian]

Coming up to the time window at 2.00pm UK time on Monday 18th.

EU range needed to breach - above 23 and 26 scalp buys for higher. Below 12 and 3509 scalp sells down to supports

GU- needs over 6120 to hold on to any scalp buys that started approx 2 hrs ago For scalp sells need under 6106 and 6100 for lower

EJ - 135 .32 -+ needed for more scalp buys under 135.16 and scalp sells for 135.00 and lower

GJ - falt for now - need over 161.32 and 36 for holding or taking new scalp buys

Under 161.06 and 03 scalp sells for breach under low

OK posted just over 20 mins ago and got 3 scalp trades in with the EU took 70% off scalp buy at 3528 and left 30% in free trade at B/E 22

EJ - and GJ - 2 scalp sells - one for 3 pips and other for 4 pips and then out both.

Total pip banked on those last 3 trades - 12 pips plus another free trade on EU above 22 - that might get stopped - but there again - might not ?

So far today on a slow Monday 12 trades - 1 bad and 11 totals - 71 pips net - but in single count 49 pips - not adding additional pips on 30% free trade stakes - and neither counting any scalps under 5 pips and under a few minutes in duration,

Approx two and half hrs to London close - hope to get another 3 to 7 trades depending on actions and being at desk when a trade with a 5 pip stop can be taken

 

[Forexmospherian]

EU - price came down to 35232 on my platform with stop at 35226 - but stopped out - and will deal with that later - so re enter at 24 - but will only hold if price goes over 35 - otherwise will just take what I can get now

 

[Forexmospherian]

Half hr change - EU 3531 high - and out at 35284 - so only approx 4 pips again and now I am sure it will fly up - as I am out of it - ;-))

Need under 22 and 19 to look at scalp sells and would only then enter on any pullbacks to keep stop under 32 - if that makes sense

 

[Forexmospherian]

GU as been just a nice consistent slow rise and it made over 6120 and i should be in it with a scalp buy - but not as still wanting to see EU over 35 first

 

[Forexmospherian]

As EU just touches 35348 on my platform - it alos decouples again with GU - that as now fallen over 10 pips whilst EU as risen - more tricks - again ;-)

 

[Forexmospherian]

Above 3526 - EU still in scalp buy up bias ( was not in from 28 to 34 though) - but would wait for a pullback to enter again - and if we drop under 25 forget scalp buys for a bit

Out again prior to 3.00pm UK time - but would hope to be back by 3.40pm time

GL

 

[Forexmospherian]

Half hr change - EU 3531 high - and out at 35284 - so only approx 4 pips again and now I am sure it will fly up - as I am out of it - ;-))

Need under 22 and 19 to look at scalp sells and would only then enter on any pullbacks to keep stop under 32 - if that makes sense

Yes - once I came out - it was bound to try higher again - shame - but you cannit be 100% correct all the while in fact anything over 70% I think is still excellent

EU at 3541 as I now pop out - and not in any free trades etc - at all ;-((

 

[Forexmospherian]

EU - coming into hr change at 4.00pm UK time window. We should find supports between 3515 and 3521 and then if we do and stay above 3511 - then we can scalp buy again

 

[Forexmospherian]

EU - low for hour 3520 - can that hold it will it tease down to 3516 /18

Yes could scalp buy at 21 or 22 - but we really do need price to touch 28 or above for more clues.

I am watching now 22 and 23 - if it stays above there during next 7 mins - looks promising

 

[Forexmospherian]

OK - 70% off at 28 now . I took a big reisk for me there as 21 was actually over 5 pips above my stop low at 15 - and I should always try and get entries within 3- 5 pips - still it worked

 

[Forexmospherian]

Now we need 28 breached again in next 9 mins or before = otherwise will jsut take off the 30% stake hopefully over 22 ;-)

 

[Mr Fox]

OK - 70% off at 28 now . I took a big reisk for me there as 21 was actually over 5 pips above my stop low at 15 - and I should always try and get entries within 3- 5 pips - still it worked

Hi F,

I must admit this trade of yours has me perplexed in the respect that if you entered at 21, then gave it 1 pip confirmation, plus spread, and commission that would give you a scalp of how many pips, can you please confirm this for me , as by my calculations that would be a 3-4 pip target. Is that right.

Best
John.

 

[Forexmospherian]

EU taken 30% off at 3524 for 2 reasons - 1 its not got over 28 again and 2 - I am off out for approx an hour ;-)

 

[Forexmospherian]

Hi Mr Fox

just seen your comment a I was just leaving

Will explain in detail later - my spread was 0.3p on EU on entry at 214 and out at 281 so a net 6 pips - on 70% stake - stake being only 3 lots

I dont like scalping under 7 pips really and glad out now as supports gave way on EU - which I had not expected just yet

Regards

F