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

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2 04 pm

Besides GU falling - from 1 51 pm - the EU breached under its lat interim low of 3620/21 down to 3618 so far

Now any bounce staying under 25 is still a scalp sell - with next supports at 3613 then 3610 then 3607/8

Gu needs under 7068 or I am out again
 
4 00 pm approx

EJ - still testing highs and up at 138 42 after making a 46 high

Above 37 and 32 still in scalp buy mode - as would price to fall under 35 and 30 to scalp sell

EU - stayed above 3617 and now trying 3526 - but needs above 33 to hold the scalp buy on
 
Tuesday 15th July 2014 - Pre Opens

Good Morning FX Intraday Traders

A busy news calender for today - with red news items on the Pound , Euro and Dollar over the next 8 hrs or so - besides the two on the Yen and Aussie Dollar during the night.

Normal stuff for a start - Update and quick review on the main pairs I will be looking at short term intraday trading during the day

Not all scalps can be advised - as some might appear and be over within 2-4 mins - but the ones that achieve 7 -25+ pips and last 10 -30 mins will be called - normally within a TW and a specific level

Have a good day

Regards


F
 
EU

Since last Thursday - we have been seeing HH's and HL's - although - all within a tight 50 pip range from approx 3590 to 3640 ish yesterday.

Price currently is 3618 and above 3612 and 3607-9 on any pullbacks should try up again.

Main levels for short term intraday are - bullish - above 3598 - 3603 =3607 -3613 - 3622 -25 - 3640 -3650 - 3660 - yes that many - and for more bearish activities - we need under 3594 - 85 - 80 - 75 - 70 and then 3560 and 50 - yes loads of S & R'S in a tight 100 pip range

I don't plan to trade the EU until I see good activity and movements starting outside its current 4 hrs of only a 7 / 8 pip range
 
GU

After trying the 7180 area at the start of July - all we have seen since is LH'S and LL's down to 7070

We do have both static and dynamic supports in the 7040 -50 price area - and I would expect bounces up that may stay under 7095 or 7120

Price currently in a 20 pip range approx - ie 7070 to 7090 and a scalp sell from 6 41 am at 70846 needing under 78 and 74 to hold on longer
 
EJ

Been a scalp sell since 6 09 am but only spotted it from 6 30 and 138 34.

Needs under 138 27 and 24 to hold on longer - otherwise just take 2- 5 pips if scalping
 
EJ

Looking at this pair on the bigger maps - then we have been falling from the 140 00 areas down to 137 50 - with LH's and LL's during that time

We might expect to stay under 138 60 now and test 138 15 -20 area next

A clear rise above 138 80 - would indicate a change or a turn being attempted from further falls below 137 80 and 50
 
7 13 am

GU still falling - and no longer in - I expected a bounce above 70 - and price now at 7069

Price needs to stay below 7080 on the bounce to look at another scalp sell

Be careful in case its a trick and 7069 is really an interim low - and last over 30 mins
 
Whilst the EU and EJ price fell - the EA as risen above 4500 at 6 51 am to 4526 - an R area

Not in EA but will be looking at scalp buying again above 4509 /10 area
 
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