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

[be-positive]

thanks very much Pete ------ the haze has now vanished now that I have cleaned my dirty binoculars

 

[Forexmospherian]

9 21 AM

GU and EJ - peaked for now ?

Not EJ - by the look of it now at 138 03 - maybe after 9 30 AM ?

Comment from exactly 1 hr ago

Lovely falls in this period

EJ now at 137 84 - nearly 30 pip drop

GU - dropped 25 pips - but bounced at 10 00 and scalp buy with price now back up at 45

Shame - only caught parts of those moves - but so far a great morning

 

[Forexmospherian]

Interesting on GU - 7126 a key price and barrier or line in the sand ;-)

 

[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

Comment from over three and half hrs ago at European Open

Noticed EU as tested 3622 again and managed 25 before pulling back to 3610

Still bullish above 3607 /8 so look for a scalp buy and only scalp sell further under 3605 and 3600 and 3594 etc

 

[Forexmospherian]

10 30 am

AU and EA

Au back now around 9400 with 9406 high

Above 92 on pullbacks - still got scalp bullish - and over 9400 prefer looking at scalp buys than sells

Need under 9390 etc to hold any scalp sells

EA - Lower Highs under 4533 and 4500 and now a LL at 4477 - but still not under yesterdays lows of under 70 and 4460.

Try and sell again on bounces under 4490

 

[Forexmospherian]

EJ

Still prefer scalp buys above 137 82 - but we need above 138 00 and 06 to hold them on - otherwise could in a BTTZ range for a few hrs

 

[Forexmospherian]

11 00

EJ

Price is down to 137 83 and from 82 area I want to scalp buy again

Trouble is - atm I can't

78 -80 is support - maybe the next 9 mins will tell us if price will turn again

 

[Forexmospherian]

EJ

Its trying - now need 80 to hold and to see 84 and then 87

Got a phone call to make - be back in a bit

 

[Forexmospherian]

11 27 am

Down to 30% on scalp buy at 137 873

 

[Forexmospherian]

EJ

Taken 30% off scalp buy at 137 906 - R area 94 -96 next

 

[Forexmospherian]

EJ

What I would like to do is scalp buy again at 84 -85 area again

 

[Forexmospherian]

EJ

What I would like to do is scalp buy again at 84 -85 area again

Well i could not so far - was still clearly in a scalp sell at 84

Now in new TW price at 79 - and 78 is next support

Dont know what's next for now - but will say - its been great trading the EJ and GU this morning

Thank you market

 

[Forexmospherian]

EU

3607/8 did not hold fall from 25 and now price at 3603 - another support

Need to review all again this next hr - will pop back in a bit

 

[Forexmospherian]

EU - I Min LR chart of Friday - pre US session

EU chart with a few examples of scalp trades marked with arrows -

 

[be-positive]

afternoon pete , I find it strange that other members are not asking you questions --- or maybe they are all sunbathing and counting the cash by their pool, just to keep you busy (lol) do you EG trade from 7.00 am to lets say 10.00am and then take a break ready for afternoon session ???

 

[Forexmospherian]

afternoon pete , I find it strange that other members are not asking you questions --- or maybe they are all sunbathing and counting the cash by their pool, just to keep you busy (lol) do you EG trade from 7.00 am to lets say 10.00am and then take a break ready for afternoon session ???

Hi BP

Its this nice weather stopping me focusing more

I have found in summer months - I need to either make my money before say 9 30 am or 10 am and then be around between say 2 00 and 4 30 pm to collect some more

Todays been unusual - had planned a few jobs at home and thought it would be boring - but really its been not a bad 10 00am - 12 30 session - make a change


I always try and get a few trades in 2 30 pm to 4 30 pm - after all - something should happen around those 2 hrs

I reckon without some type of blog etc - I would spend half the summer asleep on the sun bed - or drinking too much Stell and Rose wine

Off for quick Lunch and will be back for 1 20 pm for CAD news

Might have a look at trading Cad then ;-)

 

[Forexmospherian]

CAD

Prior to news

Been a scalp buy from 1 00 pm TW


Trying above 0640 atm with R's at 41 to 45 and then above 48 and 50 might try up

Trouble is price structure from European session - still wants under 0630 and 0620

 

[Forexmospherian]

EU / EJ

Both been falling since 1 00 pm

EJ under the SUPPORTS at 78 and now at 70

EU under 3599 and 3594

New TW - 3 mins away

 

[Forexmospherian]

GU

Now a new daily low at 7112 for now with time window opening in next minute

 

[Forexmospherian]

Cad news in approx 6 mins or so

Above 0637 still a scalp buy prior to news

With EU / EJ / GU - all could be in tease set ups atm - will wait until after news and try and get the clues within then the next 9 mins