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

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8 33 am

Back now - and what a waste of time leaving 30% on the GU scalp buy - although pleased I took the other 2 off.

Yes - still cannot believe Brazil got walloped 1 v 7 last night - but their emotions got in the way - You get the feeling the Germans make efficient traders - and Brazilains would be hero's to zero's when the heat's on. Shame feel sorry for them - meanwhile Neymar Jr is checking out to see if his Grandad was a German - so he can swop nationality ( lol)

EU - well looking to see if we can scalp buy at 8 39 / 40 am around 3609 -11 now ?
 
8 42 am

EU - we cannot breach under 3613 now - and get the feeling - if we turn then we will stay under 22 then try 3607/8

We need over 22 and 25 for any scalp buys to be worth holding.

Also notice at 8 00 am - 3617 was the scalp buy - but only made 22 - so 4 pips or so only on that one

Meanwhile will review other pairs
 
EJ

The odd one out - as back testing high again- after just a 10 pip drop and then 2 more 6 -8 pip waves in between

Still scalp bullish above 38 for me - but no over 48 and 50 - then will have to look for scalp sells in nxt window
 
GU -- we should still stay under 7132 on the present scalp buy / bounce from 23

We need under 7120 and 14 to hold scalp sells on then

Above 36 and 40 - different ball game - again
 
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GU

Now at 7114 - so down to 30% stakes on scalp sell


PS - under 20/21 GU still a scalp sell in this window
 
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9 10 am

EU low of 3612 now gone over 30 mins with no breach

Still think we will stay under 20 /22 though - so really a BTTZ area of 3611 to 23 - 12 pips range - can we stay in that for next 2 hrs!!! ( lol) - I just hope not
 
GU

If we do fall under 7112 - then 7104 /7 next barrier and possible scalp buy point

If we stay above 7112 for 30 mins - ie another 15 mins or so - we then need above 28 and 32 for any chance of a turn going on

For now another BTTZ from say 7104/7 to say 7133 - ie over 25 pips - but still a tight range
 
9 34 am

EU - still not tested 22/23 - 3618 interim high and now low as gone nearly 1 hr with no breach - so according to time rules - could test under 3613 during next 5 -15 mins

BTTZ area 3622 to 3613 - 9 pips - tight

GU - well 9 09 am was a scalp buy and we reached 20 - but low not held 30 mins - so still chance for testing under 7112 next 5 mins
 
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EJ

The odd one out - as back testing high again- after just a 10 pip drop and then 2 more 6 -8 pip waves in between

Still scalp bullish above 38 for me - but no over 48 and 50 - then will have to look for scalp sells in nxt window

EJ - comment approx 1 hr ago

Well no 48 and LH 47 and clues for scalp sells from 8 51 am

Then question would be would 38 hold it

Now at 9 45am - 38 went for a low so far of 34

Any bounce up to say 42 - still another scalp sell
 
Just coming up to 10 00 am and nothing of great interest or excitement atm

Out EJ at 138 35 - as popping out for 20 -40 mins - so will check again for more scalps after 10 30 or 11 00 am

GL guys
 
Actually....G/y, in summer months anyways, in my fav pair - you can always be assured of at least a few 10/20 pip moves - spreads, at 2.5 is the burden I bear, but I can live with that...still falling - http://screencast.com/t/WKlb7dpF
 
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GU

If we do fall under 7112 - then 7104 /7 next barrier and possible scalp buy point

If we stay above 7112 for 30 mins - ie another 15 mins or so - we then need above 28 and 32 for any chance of a turn going on

For now another BTTZ from say 7104/7 to say 7133 - ie over 25 pips - but still a tight range



GU comment just over 2 hrs ago and at least 60 mins before it happened


The 11 00 TW scalp buy was from 7106 and so far its made 10 pips
 
11 42 am

EU - that was a 10 39 am - end of TW scalp buy from 3609 - 07/8 are interim supports

Now at 13 and stalling under 15.

Needs above 16 and 18 to hold on longer and as was know under 3607 for scalp sells
 
EJ

Was another 10 39 am scalp buy - but not so clear as EU and did drop 1 pip under a 10 39 am entry at 138 31

Made 138 41/2 at 11 30 and then was a scalp sell back under 40

Present price 138 36 - and now possibility of another scalp buy above 31 /33 area in TW

Under 29 and 27 - hold any scalp sells or look at new ones
 
Gbp / Jpy

The "beast" - having a look as normally a big mover - spreads atm under 2 - not bad as in old days I was scalping GY on 4 -6 pip spreads - but a quick move could be easily 20 -40 pips in 10 mins

Great if you catch it correctly but used to have to use 10 pip stops

For now GY is a sell under 174 03/4 - but only stays a sell if 80 goes during next hour.

Will check it out every hr
 
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