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

[Forexmospherian]

morning pete ----- what was your entry price/time on last EJ buy scalp trade ???

Several entry prices from yesterday - but all now down to 30% from 137 10

Taken a proper 100% scalp buy at 6 30 am - from 26 /27 and even thats down to 30% at 33 - but can hold it to down to 25 if i want - but all depends on whether we can try 35 and 38 next

 

[be-positive]

ok thanks did you scalp buy EJ again in 7.00am window

 

[Forexmospherian]

AU and EA

opposite correlations most of the time - with the EA being a great mover - although spread is between 1.7 and 2 pips normally compared to EU at 0 3 - 0 6 and EJ - similar up to 0 8 of a pip.

AU as been up to 9395 again early this morning and a snow pulled back to 86

If pullbacks stay above 77 then I would be scalp buying it again for another try higher into the 9400+ price zone

EA down at supports at 4390 - 4400 area. If AU does try higher then EA will be under 4480 and lower

However if AU falls under 76 and 70 then EA will be trying back higher in the 4410 -45 area

Will update most hrs

 

[Forexmospherian]

ok thanks did you scalp buy EJ again in 7.00am window

No did not scalp sell from around high - just dropped to 30% stakes and banked 70% - but maybe I should have taken 100% off scalp buy at 33 and scalp sold there - shame

 

[Forexmospherian]

Looking at the CAD again - but looks boring and like all other pairs for now

No main news on it today - only really Pound / GU - but not even red at 9 30 am and then all dollar stuff

Out in 15 mins to about 8 25 am and then back for a few hrs

I hope at least the 8 am to 10 am session is fairly busy - fingers crossed ;-)

 

[Forexmospherian]

8 16 am

Back now and out 2 scalp buys on 30% stakes on the EJ - one at 27 before I left and then one just at 20

So a classic example of how 6 -10 hrs plus of a trade on can be destroyed in just 30 -60 mins

OK its while you sleep and I did have the option to take 3 stakes off at 137 33 /34 - but I didn't and so might overnight profits suffer - shame

Really now EJ under 27 is another scalp sell on any bounces staying under that level

 

[Forexmospherian]

EU

now down to 3516 - so in between interim support areas of 3510/13 and 17 /20

Any pullbacks or bounces staying under 3523 are sells again - need over 25 and 27 for looking at holding scalp buys on again

 

[Forexmospherian]

GU

PA not too nice - but if you ignore that under 7080 /81 is scalp sells again.

Really need over 83 and 86 to be taking more scalp buys for now

 

[Forexmospherian]

AU and EA

opposite correlations most of the time - with the EA being a great mover - although spread is between 1.7 and 2 pips normally compared to EU at 0 3 - 0 6 and EJ - similar up to 0 8 of a pip.

AU as been up to 9395 again early this morning and a snow pulled back to 86

If pullbacks stay above 77 then I would be scalp buying it again for another try higher into the 9400+ price zone

EA down at supports at 4390 - 4400 area. If AU does try higher then EA will be under 4480 and lower

However if AU falls under 76 and 70 then EA will be trying back higher in the 4410 -45 area

Will update most hrs

AU and EA comments from over an hr ago

AU made 9400 and above 9388 on pullbacks is still a scalp buy

EA under 4390 down to 4379 and under 4401 on retraces / pullbacks / bounces - then still another scalp sell

 

[Forexmospherian]

8 49 am

2 mins to start of new TW - and GU / EU /EJ all been falling

Started off scalp selling just two of the three but managed to get in all 3 with the GU profits now locked in

Would be nice if they keep going past the start of the new TW to the hr change at 9 00 am - but am I hoping for too much ??

 

[Forexmospherian]

Bounces did start at 8 51 am

So out totally GU - and down to 30% Stakes on other 2 - but will pull if pullbacks / bounces go over 6 pips

 

[Forexmospherian]

9 03 am

Out of GU scalp sells - not scalp bought atm

Still in EU at 3502 and EJ at 137 03 on 30% stakes and will pull if either bounce above 4 pips now

 

[Forexmospherian]

9 09 am

End of hr TW

Out EU at 3501 and out EJ at 137 01

Both still trying down - and EU a scalp sell still under 3507 and EJ under 137 06

 

[Forexmospherian]

Ideally - i would like to scalp sell again with 7 -10 pips higher on EU and EJ and GU as news at 9 30 am although not red news

Out again at 9 35 am for approx 40 mins - but this last 40 mins as been good and made my AM session worth while

Having a quick break for now

 

[Forexmospherian]

9 24 am

Missed out on another 12-14 pips off EU and EJ - as exited too early - but still very pleased with my scalp sell trades

GU - non red news in 5 mins or so - still in a down bias under 7075

 

[Forexmospherian]

EU

new low at 3488 - under 3499 still a scalp sell on any bounces

 

[Forexmospherian]

9 30 am

GU - no reaction yet

Not missed the EU drop now to 3481 - out 70% stakes and will leave 30% stakes on under 92


See you a bit later and GL

 

[be-positive]

9 24 am

Missed out on another 12-14 pips off EU and EJ - as exited too early - but still very pleased with my scalp sell trades

GU - non red news in 5 mins or so - still in a down bias under 7075

think you need a holiday old timer :whistling

 

[Forexmospherian]

think you need a holiday old timer :whistling

Got 2 over next 7 weeks

 

[Forexmospherian]

11 17 am

EU - seems to not want to go under 3478 - but still in a down mode - scalp wise any bounces staying under 3591

GU - 7059 low - still a sell again on bounces under 7070/71

EJ- 136 80-82 good support for now - lasted approx 3 hrs - need 137 00 + to hold scalp buys on longer - or will try 80 area again

AU - not tried above 9400 again and in a range really from 9384 to 96

EA - further falls under 4400 thsi morning down to 4350 - under 4372/75 on bounces still another sell - above 4380 then could be trying a turn up for a bit