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

[Forexmospherian]

EJ

Took 30% stake off scalp buy before 79 stop area as - we did a LH at 85 and then 83/2 became a scalp sell - but unless we make under 75 - it could just be part of the play going on

On the time rules - both EU and EJ could make new lows now

EJ - comment 10 mins ago

Now at 138 60 - down to 30% sell stake - and under 72 - still a sell again

 

[andrac]

"be-positive" walks out the door and the world buys yen........-)

 

[Forexmospherian]

8 51 am update

EU low so far 3590/1

EJ low so far 138 59/60

GU - low so far 7148/9

Yes technically all scalp buys at start of TW - but bias still down - so reduced to 30% stakes on EJ / EU- and out 100% GU

 

[Forexmospherian]

9 00 am

Remember to clock the interim high and low posting times for 30 min rules

10 min break for now

 

[Forexmospherian]

Put scalp sell top on EU at 943

 

[Forexmospherian]

holding that break for a few mins - as action as carried on

 

[andrac]

Re shorted g/y at 99 - but as it appears it wants to come and bit me closed for +2..... after spread....

 

[Forexmospherian]

Re shorted g/y at 99 - but as it appears it wants to come and bit me closed for +2..... after spread....

The main thing - you made a profit and they all add up

Looks like the teasing is still going up GU trying 48 now

Took another scalp sell at 527 and will pull if no under 46

 

[Forexmospherian]

Back for next hour

 

[sunZy]

Dax starts to move a bit and near low of 10.016. Needs lower.

 

[Forexmospherian]

10 03 am

Very slow again for now

No real news and US off later - If I was a big player - I would be up to something - as the fx markets are there to be moved today.

Whether we will see anything later - I dont know - but I can remember by this time last year on July 4th - i was already up over 130+ pips - whereas today - I am looking at approx 30 pip lol - big difference

 

[Forexmospherian]

GU

now made 46 - did not leave scalp sell on before - but took a new one at 9 59 am at 52

Now need to see under 43 otherwise will pull again

 

[Forexmospherian]

EU

Its a scalp buy - low held over 30 mins at 3585 - but we need 3593 minimum to hold scalp buys on longer for higher

 

[Forexmospherian]

EJ

Been a scalp buy for over an hr from 9 00 am TW - but had not taken it - - instead came out 30% scalp sell stake instead

We need above 78 and 82 for a real move up again/

Might try getting in on a pullback staying above 64 - as 62 and 59 are scalp sell prices

 

[Forexmospherian]

GU

now made 46 - did not leave scalp sell on before - but took a new one at 9 59 am at 52

Now need to see under 43 otherwise will pull again

Made 42 and bounced - so out 45 for now

Still a sell under 60 - so will look at trying another scalp sell around 50 -53

Above 56 and 60 - would be more bias to scalp buying - or keeping any I had on

 

[Forexmospherian]

EU

Its a scalp buy - low held over 30 mins at 3585 - but we need 3593 minimum to hold scalp buys on longer for higher

EU

comment from 25 mins ago - we made 93/4 - so down to 30% stakes

From 95 to 3600 is all R level and so unless we breach - w e should be able to get a scalp sell in maybe next hr TW

 

[sunZy]

Dax still very slow and in a <10p range. Till now 3 trades with tiny profits. But i have still an open position, waiting till a bigger move.

 

[Forexmospherian]

Dax still very slow and in a <10p range. Till now 3 trades with tiny profits. But i have still an open position, waiting till a bigger move.

Yes - very slow for now - it can hardly become slower this afternoon - must be a long weekend for many

I will keep looking twice an hr - and taking any scalp worth 3-7 pips and like you hoping we get a few more 20 -40 pip moves later on

Shame - but that's trading - I know from experience - If I said OK - forget today - back trading Monday - then I would miss out on something more than likely

 

[Sir Gissachance]

GU

Been a scalp buy from 6 21 am and 7025

Needs above 33 and 37 to hold on longer for further rises

Under 7026 and 7020 look at scalp sells

High so far 7063 with a LH last week at 7045 ish

Dear Forexmospherian,
I hope I find you well and you are enjoying the day so far. Brilliant trading by you and a wonderful post with excellent comments by all. Wonderful charts too. Please find some naked charting attached for your colleagues which were labelled live while trading, just in case any new traders were reading when I posted. I hope they help and see you later.
Best Regards,
Sir Gissachance (PPND)

 

[Forexmospherian]

EA and AU

Not taken one trade on AU today - but EA - yes - its actually been OK

The EJ still my favourite euro cross - but EA can be a bigger mover helping to nullify its extra 1 - 1.5 pip extra spread

Favoured this last scalp sell from an Hr ago - and will post my EA chart in a bit showing this mornings opportunties