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

[Forexmospherian]

GU - will pull out scalp buy now at 36 - as want to scalp sell around this area after hr change

 

[Forexmospherian]

GU - strange again - cannot breach under 6115 - and presently scalp buy above 18/19 - but would hope to get a scalp sell again under 37 /39 area

posted only about 10 mins ago - but here at 37/39 area

Still cannot scalp sell yet but out scalp buy too early by the look of it ;-(

 

[Forexmospherian]

Its pound strength still - above first R's at 39 and now trying second R;s at 52-55 area

I missed out and did not leave 30% stake on when I exited scalp buy on GU at 36 - silly me ;-)

 

[Forexmospherian]

fec. sl hit straight awayh

Shame as EU still trying to turn up - with no new low - but still better to have stop an entry or above low - to be safe

 

[Forexmospherian]

Thats been great play on GU this morning - ie

Bulid it up - get bulls in - fry them at news - get bears in who would then think GU will drop big now - and then fry them

Players 10/10 v Normal traders 0/10

 

[Forexmospherian]

gold looks ill, g/u a sell?

GU - don't enter scalp sell yet at 52/55 as still in tease mode and so play safe - if 42 went try and get in then on abounce back up staying under 55 with a LH

 

[Forexmospherian]

god. g/u hit sl now.

Yes - market is aggressive tease mode - play safe in periods like this - dont let them trick you ;-)

 

[Forexmospherian]

GU high so far 6162 at 10.15 - outside time window - so watch 30 min rule now and we still need 43 to go to confirm a turn being tried

So under 6162 is a scalp sell - but if you get in before 43 - the be ready to just take a few pips and then see it bounces after under 43 for another scalp sell under say 58/60

Hope that makes sense and over 65 - then still bullish so out any scalp sells

 

[Forexmospherian]

which means several trades in a row bad. half would have been ok with a wider sl, or more importantly, waiting for a retest entry. frustrating to get taken out of a move then watch it do what you thought

Yes the market wants you in wider or bigger stops - because then its won and will have more off you over 100+ trades

The market is extremely clever - it will do everything to psych you out - and to take your money

So you have to be extremely clever as well and read the situations on teases and bermuda triangles etc etc

 

[Forexmospherian]

GU still not under 43 and now trendline slope from 45/6 area still say up until it breaks under 49

Top only held 14 mins - so scalp sells still not really confirmed

 

[Forexmospherian]

Also EU and AU still saying up

 

[Forexmospherian]

Got R's on EU around 3535 ish

 

[Forexmospherian]

AU - R's around 9410 ish

 

[Forexmospherian]

GU - Ok - 58/9 = LH and 53 scalp sell again but need 49 to let go then 43

 

[Forexmospherian]

Got to pop out again now - so instead of leaving 30% stake on just took all off for a 5.4 pip profit

 

[Forexmospherian]

Back now at 12.50 pm UK time for approx 90 mins or so - with important news approx 40 mins away

 

[Forexmospherian]

EU - for me we have a couple of key prices ie - 3535 and 3515.

Above these 2 prices - then I would be looking at holding more scalp buys for price trying up again

Under both prices - well hopefully you would already be in scalp sells then for lower with first main S area then around the big number 3500 - 3503.

I am more encouraged to scalp sell atm - especailly if 20 goes again

With it being near main news - the players either catch you out by keeping moves going before the news = or the other ploy is into sleep mode until then

Need to check out a few pairs meanwhile for after the hour change and 9 min time window

 

[Forexmospherian]

AU - another scalp sell pair under 9395 with it just making a lot in last 5 mins at 9373

EU fell to 16 - ( not low enough - need under 15) so out at 18 - as 18/19 was also a scalp buy - but would need to see it over 30 to think of holding it on for a turn

With news now 20 mins away - not enough clues yet to think of holding any part or free trades on for longer

 

[Forexmospherian]

AU - another scalp sell pair under 9395 with it just making a lot in last 5 mins at 9373

EU fell to 16 - ( not low enough - need under 15) so out at 18 - as 18/19 was also a scalp buy - but would need to see it over 30 to think of holding it on for a turn

With news now 20 mins away - not enough clues yet to think of holding any part or free trades on for longer

With only 3 mins to news - out EU again - as it made 29/30 - and now out of AU at 9380 - as its not breached the 73 low again - but still in scalp sell mode - not prepared to leave any on for these multiple red news annoucements as probably spikes to come soon

GL if you are in anything

 

[Forexmospherian]

Hi MM - hows it been going - I know you are out later as mentioned already