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

[MajorMagnuM]

Sl at 78

 

[MajorMagnuM]

Now on remaining stakes

 

[MajorMagnuM]

Cmon 93/942
no 88 i may close

 

[MajorMagnuM]

Sl at 82

 

[MajorMagnuM]

Sold gu stop at 36

 

[MajorMagnuM]

Will close above 34 if no 30 first

 

[MajorMagnuM]

Sl hit gu

 

[MajorMagnuM]

I resold gu. Small stakes

 

[MajorMagnuM]

Gu sl hit again i give up on it im wrong!

 

[MajorMagnuM]

Ej eu seem to be uncoupling a bit

 

[Forexmospherian]

GU - Today - 10th July - with main TW change

GU - 1 Min LR chart of Today -

 

[MajorMagnuM]

little one not sleeping

 

[Forexmospherian]

Friday 11th July 2014 - Pre Opens

Good Morning FX Intraday Traders - Approx 6 49 am UK Time on last day of trading week

This last week I have been focusing more on the EJ / GU and the EU - with the EA / AU / UC / GJ etc taking back seats most of the time

For me - I try and chose only major pairs with low spreads - and of course pairs I know well - rather than some other's that might move a lot more - but have high spreads ( ie over 4+ )and I might have only traded a few times over the last decade.

I then try and pick pairs with nice PA that is "readable" and also might be moved more in a session due to red news items etc

I dont like to be in more than 2 - max 3 scalps at the same time - but quite happy to be in even 6 plus trades than are on 30% stakes with stops locked in any profits - as these become stress free and have no additional capital risk etc

Normal stuff - quick reviews and updates on my main pairs

Have a good trading day


Regards


F

 

[be-positive]

morning ------ see the major is working 48hours a day now (lol)

 

[be-positive]

stalking this GU for possible long

 

[Forexmospherian]

EU

Yesterday it made 3651 and also fell to 3589/90 - so approx 60 pip range with the majority of it still in the 3595 to 3613/15 area - ie 20 pip range

For me it needed to stay above 3622 yesterday to turn again and try above 3651 and 3660+

Instead by going under 3600 - its changes the ballgame again - and now I will be watching to see if we dont go over 3622 and 30 - and then drop under 3580 and 75

Forget Fundamentals and fair price etc - this is a money game with big stakes and big players want as much "dosh" off the table as possible - and so will always be trying to mislead and get traders in wrong bad trades etc etc

Dont worry - we will not be fooled - yes will have some bad trades - but they should not be over 7 pips max and many of my scalps that don't work I exit at only minus 2 or 3 pips - ie I am out of there - why do you want to stay in a bad trade?? - take the small hit and move on ;-)

EU price atm 3599 and rough guide - above 3607+ look for scalp buys - and under 3594 look more for scalp sells for now

Ok next pairs

 

[Forexmospherian]

morning ------ see the major is working 48hours a day now (lol)

Morning BP

Yep - looks as though he did some night shift - while I was fast asleep dreaming about Kim Kardashian or Camaron Diaz stat's lol

Have a good un

 

[be-positive]

Eu creeping up

 

[Forexmospherian]

GU

Talking of the GU - It was good yesterday - but still caught me out once

It as been a scalp buy in last hr from either 6 or 6 30 pm TW - but in a BTTZ range of 7120 to 35 - ie 15 pip range

We can look at holding scalp buys over 36 and 40 - or back under 26 look at scalp sell for breaching under 7120 and lower

 

[Forexmospherian]

Eu creeping up

Still got it in these blooming BTTZ areas - need over 3607/9 or under 3598 and 94 to get me interested more