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

[MajorMagnuM]

Just listened to both of those and i realise that if my brain made sounds, that is what it would sound like. especially the first one.

 

[Forexmospherian]

Friday 23rd May 2014 - Pre Opens

Good Morning Intraday Traders

Like the garden photo's MM

Last Day of the week - and I am off again next week for a few days - hopefully doing a bit of sailing ( but not across the Atlantic )

Yesterday was boring - The morning session was good for me - but then the afternoon US session was really slow and with low movements on most pairs

Lets hope today is not the same - normal stuff - a quick update and review of the main pairs I plan to intraday trade - along with levels and planned scalp directions based around 30 min time windows etc etc

Have a good day

Regards


F

 

[Forexmospherian]

EU

Why did I not keep a 30% NPGT on from 3990 area ?? I got the scalp sells and enjoyed the quick drops etc but gave up in the 3800 area - simply because I though the players missed a trick by not frying all the bears.

This week we have made under the 3650 previous lows - but hardly convincing so far with the low of only 3641. Under 3660 we are in a bearish mode and a scalp sell atm from the 50 area.

We can still post a HL at say 43-46 area and then try above 3660 as an option or - breach under 40 - get more bears in down to 3620-30 - and then a quick 150 pip rise. ( OK - I am dreaming lol )

Will update more next hr - but will only trade the EU more if we get out of this 3640 -3660 - 20 pip range

PS - just noticed some nice red news on EU at 9 00 am UK time - that might give it a kick ;-)

 

[Forexmospherian]

GU

We could not make above 6920 yesterday - slightly below the previous day's high

Still intraday bullish for me above 6825 -30 area with price currently at 6866 area and another scalp sell with supports around 60 and 50

 

[Forexmospherian]

EJ

Normally my favourite - although yesterday it had ugly PA after middday

Another scalp sell atm under 138 90 - or the 6 00 am time window

Would need under 65 and 62 to hold on - so might get a bounce beforehand

Will focus more on this pair again today with charts etc etc

 

[Forexmospherian]

EJ

Normally my favourite - although yesterday it had ugly PA after middday

Another scalp sell atm under 138 90 - or the 6 00 am time window

Would need under 65 and 62 to hold on - so might get a bounce beforehand

Will focus more on this pair again today with charts etc etc

EJ

Approx 7 30 am and EJ now at 138 64 - and 60 -65 is a support level

Nice fall - did not get 25+ pips - but happy with 17 pips and have taken all off for now

Wish the EU was as nice as the EJ

 

[Forexmospherian]

EJ - 1 Min LR chart with Bearish structure for early session

EJ - chart update showing end of Thursday and Friday start of EO session

LR structure is bearish

 

[Forexmospherian]

EJ

Missed the 7 30 am scalp buy from 66 -70 area - but would hope to be able to scalp sell in the 82 -85 area if possible

 

[Forexmospherian]

AU and EA

Ignored yesterday - but today hope to get some trades on them

AU Lr short term structure bullish and EA bearish

AU 9235 as a line in the sand and EA 4780-5 similar

Not in either atm - but will update through the day

 

[Forexmospherian]

EJ and EU - interim lows not been breached with 30 mins

Another clue for tests ups still for this next 30 mins - although would still like to scalp sell EJ in the 82 to 86 price area. Above 90 - would forget it

 

[Forexmospherian]

GU

stuck in approx 10 pip range atm

short term LR price structure bullish - but need over 75 and 80 to hold on any scalp buys

Similar for any scalp sell to work need price to fall under 65 and 60 - so for now just waiting

 

[Forexmospherian]

EJ

made 138 85 - and top of my area to scalp sell

End of time window at 8 09 am as well - dilemma here - need more clues atm

 

[Forexmospherian]

EJ

If i scalp sell under 85 - i need 77 to let go otherwise it might just be a 5 -7 pip pullback

 

[Forexmospherian]

EJ

Had the clues - ie a test of 138 86 - and it failed and then it fell again and was a scalp sell just needing now 77 to let go for more that 7 pips

 

[Forexmospherian]

8 36 am UK time

Still in EJ scalp sell - but only on 30% with stop in profit as taken 70% off at 758.

Noticed last 5 mins many pairs doing a quick fall - GU and GJ being the best

Needed under 65 and 60 to be scalp selling GU and so far its made 55

 

[Forexmospherian]

Remember EU - red news in approx 20 mins at 9 00am

Will be back for then ;-)

 

[Forexmospherian]

GU

stuck in approx 10 pip range atm

short term LR price structure bullish - but need over 75 and 80 to hold on any scalp buys

Similar for any scalp sell to work need price to fall under 65 and 60 - so for now just waiting

GU comment from approx 40 mins ago

Well at the 8 30 am time frame window change we started with the fall and once under 65 and 60 it quickly fell and now at the start of the 9 00 am time window as made 6841

Have exited all of scalps sell - as supports 35 -40 and also EU red news in under 10 mins

Nice one - its a good morning so far

 

[Forexmospherian]

EU

Just prior to news - scalp sell mode testing a HL at 43 atm

low 3741 and then supports at 3620 -30 and 3615 and 3600 area

Above 3660 needed to think about holding or taking scalp buys

Will not be in at news - will let the dust settle - if there is any

 

[Forexmospherian]

9 01 am News

EU falls and under 3641 low to 3630 so far

 

[Forexmospherian]

EJ

After news and EU fall - EJ joins in party and tests 138 64 - a previous low and support area