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

[Forexmospherian]

EU

Price as fallen during the Asian session from a high of 3724 down to so far 3703

You would expect supports around 3700 the big round number to offer some supports and then under there 70 -80 area and 3650 ish.

Would need back over 3725 and 30 to be holding scalp buys on

Swissy - up at 8923 and hitting a R area at 25 -30

Would need under 18 and 15 for scalp sells

 

[Forexmospherian]

EJ at European Open - ie 7 00 am UK time

Price at 142 35 and as fallen 30 pips over the last 12 + hrs

Under 40/42 still scalp bearish but need under support at 33 and 28 to hold scalp sells on - or take more

Can only really look at holding or taking scalp buys if price make back over 44 - 50 and 57

 

[Forexmospherian]

EA and AU

EA - down at 4835 after LHs on falls from the 4960 areas in the last week or so

Would need back over 4850 and 60 to hold any scalp buys on and as I type price is falling and testing 4830

AU - under 9245 and 50 still bearish - but supports from 9206 / 15 and 30 have been holding - so really in a BTTZ from say 9200 to 9250 - a 50 pip range for both way scalps until a proper break

 

[Forexmospherian]

GU - another pair like the EU / EJ / EA currently falling and now down at 6580 area

Under 6590 and 85 - scalp bearish with supports around 6570

 

[Forexmospherian]

Not around for the 8 00 am UK window but back that hr

For the rest of the day will be in and around most hr time windows and of course main news at 1 30 pm and 3 00 pm

Not planning to be listing every scalp and this week - due to the lower volumes and tighter ranges have been leaving on more NPGT's when possible- as the market as been very boring for 2-4 hr stretches during the main part of my trading day - ie 6 30 am to say 6 pm

I am hoping that will change maybe next week - but am away twice during the next 6 weeks on holiday breaks - so hoping the thread will keep going via the help of any members trying 1 min LR charts and making the odd calls

Just noticed - AU as gone above its R area at 9245 and as tried 47 - whilst EA - which i am in on 2 NPGT's and one scalp sell is down at 4821 - nice ;-)

 

[MajorMagnuM]

ok looking at au.. seems bullish for more but currently in corrective wave since 0720:
sb needs 42 /43 for higher i think
below dy supp at 40 for ss. watching

 

[Forexmospherian]

Morning MM

very quiet atm


Swissy as been OK - nicely rising as EU and GU fell

Some pairs Ok for - 2 to 7 pip scalping - but really too many BTTZ's and too slow atm

Will look again at 9 30 am time window

 

[NVP]

completely tied up today with work again

good hunting
N

 

[MajorMagnuM]

am in au long F, did not have time to post entry apologies

 

[Forexmospherian]

AU as been OK to scalp buy from above 37 and 41 - but be careful at new hr change as 48 -50 might be atop

 

[MajorMagnuM]

Sold au

 

[MajorMagnuM]

Sl at 474

 

[MajorMagnuM]

NOt looking good atm!

 

[MajorMagnuM]

tight bt.

 

[MajorMagnuM]

tightened sl on that small drop

 

[MajorMagnuM]

ok i know that if i type au going nowhere it will start moving

 

[MajorMagnuM]

closed some foor a couple of pips. sl be

 

[MajorMagnuM]

sl hit on remainder

 

[MajorMagnuM]

getting a stop hit on remainder is pleasant compared to what i used to do

 

[MajorMagnuM]

ok GU structure looks bearish wiht chance of 6549 then 6518?