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

[MajorMagnuM]

As as you can see i got that one wrong. Sl hit

 

[MajorMagnuM]

Ok taking a break for schoolrun

 

[Yorkshire Terrier]

AU not looking good

 

[Yorkshire Terrier]

AU not looking good

Came within 0.3 of my sl, still in for now

 

[Yorkshire Terrier]

Came within 0.3 of my sl, still in for now

hit that time

 

[Derolo]

Hi YT and MM

Dont worry YT im not copying you, just seeing what you guys are up to.

MM, Ive just bought E/J and closed trade with 1 pip. Yippee

 

[Yorkshire Terrier]

AU 30% sl hit +2

 

[Yorkshire Terrier]

AU 30% sl hit +2

Hang on a mow sl not hit IM STILL IN woop woop sl@ 71.4

 

[Yorkshire Terrier]

PA crap ATM stop start .

 

[Yorkshire Terrier]

All bets off. brake time.

 

[Forexmospherian]

EJ

All Euro pairs have been slowly rising this morning - and after the EA - next pair to keep an eye on is the EJ

From LO - price as made over 140 75 - a R area and tested 81/2

I think over 73 - still a scalp buy - although not in it atm

Would need price to drop under 71 and 67 for scalp sells

Well we went under 71 and 67 - and now teasing around the low 140 00 area

The scalp sell was on from 3 pips off the top at 140 -94 - and then by 71 and 67 you might heave been in a NPGT only on 30% - but could be added to as it dropped under 140 50.

Sorry not been around much today for scalping - but had a couple of 30% trades that i left and did ok

Regards


F

 

[MajorMagnuM]

more resistance
edit... third touch through?

 

[MajorMagnuM]

no ll beyond 1900 so TTT. wrong time of night tho.

 

[MajorMagnuM]

Just as a discussion point on price action, the highs in the white triangle and the yellow circle are at roughly the same price level. For me the yellow circle is a higher high due to its relationship to the purple diagonal

 

[MajorMagnuM]

and as an extension of that logic, the yellow circle is the same as the red circle, despite the price levels being different.
anyone gonna jump on that grenade?

 

[Forexmospherian]

Wednesday 14th May 2014 - Pre Opens

Good Morning Intraday FX members

Quick review and update on main FX pairs I plan to trade today - and in no particular order atm - even though there as been some nice rises on the AU and GU.

Not even checked my calender yet - so will be doing that whilst checking out which pairs have smoother PA and correct Price structure for their next directions

Have a good day

Regards


F

 

[Forexmospherian]

AU and EA

These 2 opposite moving pairs have shown clear directions on my LR charts the last 12 hrs - and I will post them a little later after i have some pips in my kitty.

AU as moved up approx 60 pips and in the same period the EA as dropped over 85 pips - both with nice PA - smooth - no large pullbacks - ie no real interference or manipulation - YET ( lol)

So the thing is when will that start - next hr or after 8 00 am ??

Meanwhile - AU above 9392 on any small pullbacks or retraces - should be another scalp buy and under 4608 on the EA - should still mean more scalp sells are possible after similar pullbacks etc

Aggressive scalpers will have started both way scalps during the last hr - as both interim high on AU and interim low on EA have held over 30 mins so far - ie one of the clues for scalpers

 

[Forexmospherian]

EU and GU

Both scalp sells from 6 30 am time window after nice rises through the Asian Session

EU as first supports from 3704 to 3710 and GU 6835 -40

To scalp buy and hold on both need - above 3722 and 26 on EU and on GU back over 6862 and 6871

 

[Forexmospherian]

GU

Big morning on UK and Pound news with a few Red Announcements at 9 30 am and then 10 30 am UK time - so one to be trading this morning - once we have worked out any cunning plan etc

 

[Forexmospherian]

EJ

Normally my favourite scalping pair - and lucky to have a spread of only 0.3 to 1 pip most of the time.

After a nice 75+ pip fall yesterday - its been playing and teasing around the big 140 00 number

Its been giving the signals to scalp buy - but really we need over 25 and 37 to think an up turn is on - and then it falls 6 pips under 140 00 - just to stop hunt bull scalpers whilst trying to get more bears in.

ie normal cunning tricks of liquidity suppliers and players - but will they fool us??

OK - only now and again ( lol ) but 65 -85% of the time we will be scalping in correct direction every 30 -60 mins

For this morning - 140 00 is my cut off

Above still think we will try 25 and 37

Below 140 -00 and then confirmed below 139 90 - would mean further falls and scalp sells