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

[Forexmospherian]

EU is a waste of time atm - but EJ as been falling more last hour - with another daily low just at 138 21 as I type

Its 10 00 am and supports at 20 - 22 - should I be scalp buying ???

 

[MajorMagnuM]

but the bias is for a lower low.....

 

[MajorMagnuM]

EU is a waste of time atm - but EJ as been falling more last hour - with another daily low just at 138 21 as I type

Its 10 00 am and supports at 20 - 22 - should I be scalp buying ???

having a look ty

 

[Forexmospherian]

2 clues on GU would be

1 low last over 30 mins

2. price going back over 7126

 

[MajorMagnuM]

**** no i cant buy that ej

 

[MajorMagnuM]

sureley it will have pop at 138.10?

 

[MajorMagnuM]

am i reading ej structure wrong?

 

[Forexmospherian]

**** no i cant buy that ej

well its only made 7126 so far and needs above 28 to hold on

If you caught it at 22 exactly - no problem for 3 pips - but really we only want 5 + pip scalps - and that one is risky - unless you just lock say 0 5 or 1 pip in profit and forget

 

[Forexmospherian]

am i reading ej structure wrong?

No - you are spot on

But remember it can still go up to 28 and be under Horizontal R - even thought 27 is dynamic R


Would need over 33 to say - the markets changing again

 

[Forexmospherian]

EJ

Got both dynamic and horizontal Rs at 31 -33 area

 

[MajorMagnuM]

eu engine lower?

 

[MajorMagnuM]

EJ

Got both dynamic and horizontal Rs at 31 -33 area

ej on my longer charts has broke below channel bottom

 

[MajorMagnuM]

10.15am, is this the start of the slow period.

 

[Forexmospherian]

eu engine lower?

I had next interim levels at 23/25 and then 19 /20 - 17 - 13 and then 3607/8

Did not expect under 3622 to day - but its the EU - any price within 200 pips can be manipulated into play if need be :whistling

 

[Forexmospherian]

10.15am, is this the start of the slow period.

Well - planning to have at least 30 min break - might be longer

 

[MajorMagnuM]

gu....

 

[Forexmospherian]

30 mins with no breach on EJ low now

Back a bit later

 

[Forexmospherian]

gu....

Need another 10 mins or so for hr from low to try under - if we are that is

Back later on - and around a lot later on today

GL

 

[MajorMagnuM]

there she blows EJ

 

[MajorMagnuM]

Took 70%