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

[MajorMagnuM]

Closed gold long no longer clear enough

 

[MajorMagnuM]

Ej supps have heLd at 46 and now 50. Eu 62 surprisingly has held
gold i cant work out atm. 08.50 to 08.60 is the new line for me

 

[MajorMagnuM]

Gu strucutre i think is on cusp of turning bearish but mush energy used to do that so perhaps my short is bad. Sl at 46

 

[MajorMagnuM]

Gu bt range 38 to 50

 

[MajorMagnuM]

Gold putting in a strong candle. had already Closed my larger add on and only a remained left so min benefit there.

 

[MajorMagnuM]

gu sl hit -4

 

[Forexmospherian]

lp? SORRY WHAT DO U MEAN?

LP - the Liquidity Provider ( s) of the session - ie normally 1 or 2 big banks can be a few even

 

[Forexmospherian]

12 22 pm

Will do a quick update and review before the lunchtime Cad news

 

[Forexmospherian]

EU

We have had a new low at 3455 and since then we have spent 3 hrs plus going back up to 3474 area

Above 3465/66 - still scalp bullish or a bullish session for now - but we need to see now above 79 - 86 and ideally 3497 to think about any try on 3500.

If we do try up and break through those 3 Rs we should then stay above 72/75 on any pullbacks

Back under 65 and 60 - back to scalp sells

 

[Forexmospherian]

GU

We did make a new low of 7030/1 and now price at 7038 after not being able to bounce back above 7051

its now whether 30 -35 can hold as new supports - pushing price back up to have another go at trying above 7052 - or if it let go then next interim supports at 7015 -20 area.

 

[Forexmospherian]

EJ

Similar to EU - another morning low at 136 41 /2 and then 3 + hrs going back up to 136 66 and now at 59/60 and still scalp bullish on pullbacks staying above 50 ish

Need under 136 45 and 40 to take or hold new scalp sells down to next interim support area

 

[Forexmospherian]

CAD

news in less than 60 mins and under 0735 for me still bearish

price at 0724 atm so you could look at scalp buys before selling again above 0719 it is a scalp buy - but you need to see over 30 to hold them on any longer - with 32 -37 all a sell area unless the R's are breached by a clear 5 pips

 

[Forexmospherian]

GU

Just noticed and had forgotten the BOE Gov is speaking in approx 7 mins

This could have another effect on the GU. It as been bearish since falling from 7200 - but remember still very bullish on the big maps.

 

[MajorMagnuM]

taking breaks as much pa here is too tricky for me

 

[MajorMagnuM]

yes just wondering wtf was going on there

 

[MajorMagnuM]

well i sold gu at 45

 

[Forexmospherian]

He must have started - or players are teasing on GU

We need over 7052 to say its trying up and of course under 7030 and 25 to say down more

 

[MajorMagnuM]

took 50 % at 34

 

[Forexmospherian]

EU and EJ are two you could have scalp sold

 

[neil324]

There was a pre prepared text for the Carney speech/waffle.