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

[MajorMagnuM]

Spread ga lmax 3.9

 

[MajorMagnuM]

yt, I DID NOT KNOW LMAX STATION CLOSED AT 21:00. IS IT JUST MINE?

 

[MajorMagnuM]

Open again, but spread on ga 8 pips!

 

[MajorMagnuM]

Sold eu

 

[Forexmospherian]

Sold eu

Morning MM

Well approx 9 hrs later the EU as dropped approx 12 pips

Have a good day

Regards

F

 

[Forexmospherian]

Tuesday 11th March 2014 - Pre Opens - approx 6 30 am

Morning Traders

Quick review and update on key FX pairs I plan to trade today - based on their intraday session short term bias and levels

I will start with the EU

Peaked at 3916 on Friday and a LH yesterday at 3898 and since then as been down to 3862 area twice

A breach under 3860 and 55 would be more scalp sells to next interim support

I need back over 71 and 77 to be holding or taking new scalp buys with 82 to 98 being possible targets on any try up

More pair to follow

Have a good day

Regards

F

 

[Forexmospherian]

UChf - after a low Friday of 8756 - and a HL of 8761 yesterday - the swissy is trying to rise with price currently at the 8790 area

Above 83 and 87 - scalp bullish - needing a new high above 8793 and ideally testing 8800+ to hold scalp buys on

Under 86 and 82 scalp sells - but remember good supports from 70+

 

[Forexmospherian]

GU

After a lovely fall yesterday am - price now as stayed above 6620 - but still cannot get over 55 and 70

So really a 35 -50 pip range atm with price currently at 6639

Ugly bitty PA with 20 pips - 30 to 50 as the present BTTZ area atm

Not going to bother with GU atm - but you know what I would be doing over 55 - 60 and 70 ( yes scalp buying) - and under 6620 more supports for scalp sells to 6600 and 6585 areas

 

[Forexmospherian]

EJ

Presently scalp buy above 143 19

Need 30 and 33 to hold on

 

[Forexmospherian]

As we enter the 7 00 am time window at 6 51 am - the EJ is struggling now to breach above 28

Either take 70% off or 100% if you think under 33 is now another scalp sell

 

[Forexmospherian]

EU - 61 supports holding again

Had said dont look at scalp buying to over 71 and 77 areas

well aggressive scalper would have been scalp buying at 64 /5 area with price now at 69

Dont just jump in at 71 and 77 - wait for pullbacks - as it might not make ovver say 73 or 75 - or even 71

This is were you need the quick LRs guiding you along with a trendline and time and of course PA

Above 66 stii scalp bullish on the pullbacks

Need under 63 and 59 to be looking at holding any scalp sells

 

[Forexmospherian]

As we enter the 7 00 am time window at 6 51 am - the EJ is struggling now to breach above 28

Either take 70% off or 100% if you think under 33 is now another scalp sell

EJ - 6 mins later at 32

If you took 100% off at 28 no probs - if you have 30% on - put stop in profit at 26

 

[Forexmospherian]

EJ - 33 was the scalp sell - will it go under 26 - i dont know but already pulled back 5 pips

 

[Forexmospherian]

EJ - 33 was the scalp sell - will it go under 26 - i dont know but already pulled back 5 pips

Yes - easy in hind sight - should have taken 100% off at 32 or 33 and scalp sold

But thats why trading is frustrating - its easy in hind sight - but you will never make every decision 100% when live and you are in a trade

But - most important part

Dont let a profit go to a loss - get your stop in profit and take profits at any area that could provide a S or and R

Scalp sell from 33 now at 23/4 now in a BTTZ area and not in any scalp on EJ

Will wait for next wave

 

[Forexmospherian]

GU - trying above 51

Aggressive scalpers would have seen scalp buy at 6638

I missed it as in EJ and also EU at that time

 

[Forexmospherian]

EJ - just done another HH by about a quarter of a pip

Above 25 still scalp bullish - but 33 to 20 is a BTTZ area

 

[Forexmospherian]

GU - still trying up - now at 53 and still scalp buy above 45 and 47

 

[Forexmospherian]

EU - 75 to 59 - 16 pips - in a BTTZ area

Above 75 more scalp buys or hold any you take prior and under 59 and then 56 take scalp sells

 

[Forexmospherian]

EJ - just done another HH by about a quarter of a pip

Above 25 still scalp bullish - but 33 to 20 is a BTTZ area

Approx 12 mins ago

Now EJ fell from 33 - under 26 and now testing 21

Still in the tease zone - but under 19 and 16 more scalp sells or hold any you are in

 

[Forexmospherian]

GU - still trying up - now at 53 and still scalp buy above 45 and 47

Approx 13 mins ago

Did not stay above 47 or 45 and then if you had not noticed under 42 became a scalp sell but need under 30 to get out of the BTTZ

Price presently at 32.

In a time window - but as we know now need over 42 and 45 to scalp buy - so whilst under these prices - might test 30 - and then if under 28 and 25 more scalp sells or hold any you are in