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

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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



From over 2 hrs ago

i was late getting in EJ - as went under 140 00 and 90 before i got in - but did manage 139 69/70
 
The PA did not line up with the white Lrs trying to push GU up at 9 00 am

But by 9 09 am scalp sell had finished

EJ been best mover last 10 mins

ok thanks ------ but lesson learned from observation of lines ----- will not happen again master ( get the flicking whip out :mad::mad::mad:)
 
First GU news in 5 mins

Then another an hr later

What will happen ??

i dont know - but over 75 and 800 might be run up to 6900

Under 6850 to think about scalp sells really


GL
 
GU - 3 mins after news

under 6850 still a scalp sell with low at 6826 atm

First clue of scalp buy at 36 and 39 with 25 then holding

Under 24 and 20 more scalp sells
 
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