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

[Forexmospherian]

No new high over 3952 on EU - is it peaking now ??

 

[mike.]

No new high over 3952 on EU - is it peaking now ??

Nearly, 1.3968 was last peak

 

[Forexmospherian]

End of 1 30 pm time window in 2 mins and although GU and EU did new highs after Midday - there rate of rise is slowing and many aggressive scalpers would already taken 3- 5 pips o pullbacks

Need a full review at next hr window

 

[Forexmospherian]

Nearly, 1.3968 was last peak

Yes that was a significant one = and you tend to think - will it do a LH and then try later on today or this week- or is that it for now

I watch the 30 mins from the present high for the next clue - and if not breached then its whether supports can hold

 

[Forexmospherian]

The GU is stronger than EU and still testing another high atm at 6990

So near to 7000 - and if there are bear stops just above - there is an added incentive to try and take them out

 

[Forexmospherian]

AU testing its last high at 9350 ish now - above 40 and 42 still scalp bullish now

 

[Forexmospherian]

GU - no above 90 by hr change - then that might be it ?

 

[Forexmospherian]

GU - just had 92 with still 5 mins to hr change

 

[mike.]

The bears are looking to push it under that 82 mark but not succeeding, just broke 90 while i was typing.

stopped out on the au for -10

 

[Forexmospherian]

EU - seems to have done a LH after high at 3952 - LH at 3946/7

Under 47 is a scalp sell but need s 37 and 33 to hold on longer for lower

 

[Forexmospherian]

The bears are looking to push it under that 82 mark but not succeeding, just broke 90 while i was typing.

stopped out on the au for -10

Thats a shame Mike on AU - i had 35 as the interim low - and I would have taken anything from 35 -38 as exit as over 44 and 47 was scalp buys again

Yes 93 might be GU high now - so near 7000 - but the 30 min part will be my clue

 

[Forexmospherian]

Mike - On AU - stick a down trendline on a 1min chart from 52 previous high on LHs to 35 area and then you see the breach above 37 /8 starts the scalp buy with price now at 57 and my up trendline saying need back under 50 to look at sells again

 

[Forexmospherian]

AU looks only one trying up atm - both GU and EU on pullbacks atm

 

[Forexmospherian]

EU - seems to have done a LH after high at 3952 - LH at 3946/7

Under 47 is a scalp sell but need s 37 and 33 to hold on longer for lower

From 7 mins ago - taken 70% off scalp sell on EU at 38 and will leave 30% stake on with stop at 44

 

[Forexmospherian]

GA - interesting now as under 8150 was more scalp sells for me with then needing a breach of 8130 - to hold on longer for lower

This was after spotting a 4 hr chart with divergence on the GA - provided by Robert 11 on another thread

Will find it out as excellent example of a leading indicator

 

[mike.]

put the trend line on F, but totally out of my comfort zone on the m1 chart, something ill have to try out.

 

[Forexmospherian]

put the trend line on F, but totally out of my comfort zone on the m1 chart, something ill have to try out.

I will post my AU 1 min chart and you will see what i mean- but can understand if you are not use to the 1 min or the tick - can be frightening - until you get use to it ;-)

 

[Forexmospherian]

AU - I min chart

AU chart attached

 

[Forexmospherian]

 

[Forexmospherian]

EU - now down at 3931 - - 17 pip fall and still in on 30% stake and will move stop down into more profit at 39