Forexmospherian
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GU - not playing ball atm and after a quick bounce up - now another low at 6204. Not in it atm and on AU have taken 70% off the scalp buy at 32
EA - still bullish atm after a 400+ pip rise last week. New high in last hour at 4838 and above 4821 still may try for another high. First signs of a scalp sell being able to hold on - would possible from 4822 and 4818 areas
EJ - similar to EA - with a new high at 137.97 and so near the big number at 138.000. Would need a fall under 137.80 to look at holding any scalp sells taken meanwhile
#Morning all. DO you mean 7:30 high or the 07:50 one F?
watching g/u. another hi bsell at window I wonder?
Gotta do school run, hope to catch you later but also been tasked with making xmas presents before sundown
Good Morning - Monday 35th November 2013 and 7.05 am UK time - with the European Market now open
Quick Intraday over view -
EU - peaked at 3560 on Friday and under 3550 presently in a scalp sell mode with next supports at approx 3530
GU - peaked at 6241 last night and below 6234 as been in scalp sell mode but now bounced on an interim support at the 6205 area.
On both these pairs we need to see if supports can hold and then the strengths of the bounces.
With them being bullish on Friday we would need to see new highs again for this mode to be carrying on and so the next 1- 2 hrs should give us more clues for this mornings session
UChf - was bearish on Friday and fell to 9061 lat night. Since then bounced up to 9095 and from there to 9100 is a R area
Other pairs to follow and also further scalp trade plans
Have a good day - even if it is a Monday ;-)
ok back to find g/u in credit, so took 160k of 200k vol offfor 17pip profit