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

[klw]

58/59 ish with a nice bear bar would be a good sign for back down BP.

As I expected BP , price rejected at 58 , however don't think GU is done yet that PA is not definitive. You've got a chance. You still short ?

 

[MajorMagnuM]

Bad pa

 

[MajorMagnuM]

I HAd thought that 58 was final stab at top GU

 

[klw]

Bad pa

It is, not taking any new trades on for now.

 

[klw]

I HAd thought that 58 was final stab at top
GU

Could be , who knows ? If you find out let me know lol.

 

[MajorMagnuM]

Will do

 

[MajorMagnuM]

Litany of errors today. Will have to spend rest of day reviewing

 

[klw]

GU determined to get all those lovely stops above 60

 

[Yorkshire Terrier]

Not bothering till after US NEWS.

 

[MajorMagnuM]

THE WORST WAS SHORT AT 1225 gu. ALL LR WERE OVERHEAD, TOP HAD HELD AND PRICE GOT UNDER 51, HAD BROKEN AN INTERIM SUPPORT TL. WHAT WAS THERE NOT TO LIKE? IM FINDING OUT NOW

 

[MajorMagnuM]

Shorted ea now

 

[Forexmospherian]

THE WORST WAS SHORT AT 1225 gu. ALL LR WERE OVERHEAD, TOP HAD HELD AND PRICE GOT UNDER 51, HAD BROKEN AN INTERIM SUPPORT TL. WHAT WAS THERE NOT TO LIKE? IM FINDING OUT NOW

Hi MM

Back for this hour - OK GU at 12 25 pm

i will post my chart and give you 5 or more reasons to buy

Also above 50 -52 now worth another buy on this pull back from 59

Chart and reasons to follow in next 5 mins or so

Regards


F

 

[MajorMagnuM]

Stop hit already. Christ how was that not a sell. Again price under all lr, ll, top had held at 92...

 

[MajorMagnuM]

hi mm

back for this hour - ok gu at 12 25 pm

i will post my chart and give you 5 or more reasons to buy

also above 50 -52 now worth another buy on this pull back from 59

chart and reasons to follow in next 5 mins or so

regards


f

threr were at least four reasons to sell!

 

[MajorMagnuM]

I CANT TRAde anymore, have had many losses in a row so am overtrading again. really thought i was with it today

 

[Forexmospherian]

GU chart - will expand on reasons why a buy was on for 12 30 time window

1. still in a Bttz - From say 63/65 to 45 - approx 20 -25 pips

2. Both ways still on - but from 12 pm TW a false spike up then fall and from 53 at start of the 12 30 TW at 12 21pm

3. Fall needed to breach under 45 to hold on

4 At 68484 - hit a group ofmulti dynamic up trendlines acting as supports - ie 46 to 48 all support area

5 12 30 - at 6850 - all change - down at stopped at 484 and now at 50 - a scalp buy - supported by 2 while Lrs with third under at 495

6. Stop - 46 low or 47 even

7, a 5 pips rise and then fall back to 50

8 So now low 484 and no fall under 50 - so a HL confirmed then ny LT green crossing with normal green and LR structure giving more supports

9 Now by 54 - and after end of time window - 3 white Lrs above red lrs and red above yellow and price still trying above 55

10 12 51am - start of new hr time window - price still rising with 60 as R

11. Price does not make 60 stops at 59 in time window before 1 00 pm

12. now above 48 and 52 still a scalp buy - but need over 60 -62 and 65

 

[MajorMagnuM]

GU chart - will expand on

this is what i saw
Price had made lh ll since close of last tw.
Price had broken below every single lr and was session bearish.
The top at 11.00 am had been tested unsucessfully at 1211.
price had broken out of the wedge that formed from 11 21 to 12 21.
price had failed to test blue trendline, leave an exhaustive space there.
Price had failed to hold above red trendline.

 

[MajorMagnuM]

GU chart - will expand on

ok the very bottom tl white did not exist at 12.24
i cannot see how you constructed your white channel that runs upward at about 30 degrees?

 

[Forexmospherian]

ok the very bottom tl white did not exist at 12.24
i cannot see how you constructed your white channel that runs upward at about 30 degrees?

An up trendline from low this morning at 6731 - important

a BTTZ and without proper breaks - you will always get both way tests

so unless we broke dynamic supports at 48 and then horizontal supports at 45/6 - we are never going to drop lower

Similar - unless we go over 62 and 65+ - we are never going to get out of a 25 pip BTTZ

This could last another 2 mins to news - or another 2 or 4 or 12 hrs

 

[Forexmospherian]

There's the answer - ie News

Under 48 and 45 - GU scalp sells