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

[be-positive]

thanks pete what was your entry price on 10am window and are you in long again on the 12noon window ???

 

[Forexmospherian]

thanks pete what was your entry price on 10am window and are you in long again on the 12noon window ???

10 am entry at 33716 and exited now again at 3380 - after re entering after 30% was taken out at 75 on 100% stake for another 4.3 pips

Not in now for news in 2 mins

 

[Forexmospherian]

GU was a scalp sell at 12 39 am ( end of TW ) at 6853

Did not take it as EU news - shame - now dropped to 6840 and under 48 /9 still a scalp sell on any bounces

supports 36 /40 area

 

[Forexmospherian]

Going to take a lunch break prior to 1 30 pm news

 

[Forexmospherian]

1 20 pm

We have US / EU and Cad news at 1 30 pm and more Cad news at 3 00pm

Dollar is back bullish this last hr or so - but could just be players setting up new trades and false sentiment

EU for me now 3350 -60 is the new line in the sand area

Under both you tend to favour a test on the low again - whilst staying above then still might try over 3385 and 95 and even 3400+

Cad is still bullish above 0920 -22 area - but needs another high now over 0940 to see more trys up and more scalp buys

 

[Forexmospherian]

1 36 pm

Indecision - or a tug of war - or just another false set up on EU

I need really above 3385 or under 3350 - to really see a next direction

Popping out next hr - should be back for 3 00 pm news - but if not back later on

GL - stay focused whilst so much teasing is going on - and dont get caught ;-)

 

[Forexmospherian]

11 15 am

EJ

Stuck in approx 25 pip range from 136 68/70 to 136 93/95

We know above 95 more scalp buys or hold on to any you take above say 78

Under 67/70 - scalp sells for next supports at 60/63 or under there 50/55

With news in next hr I am sure we will see things liven up and expect after Midday to 4 00 pm to be busier

EJ comment from over 4 hrs ago

We tease slightly above 95 - to 96 and then from the 2 00 pm TW its was a great scalp sell confirmed under 70 / 67 and then again under 50

Been my best trade of the afternoon with now supports at 136 20 and low of 136 15

Would need back over 47 and 52 to be holding scalp buys on or taking new ones

 

[Forexmospherian]

EU and GU

Both been great for two way scalping - great teasing going on but still back in ranges

 

[Forexmospherian]

Friday 8th August 2014 - Pre Opens

Good Morning fellow FX Intraday Traders

Last day of the week and only the second day of trading for me this week after my brief holiday break

I noticed early on in the week the FX markets had been busy - but yesterday seemed fairly slow and lack luster again

Will go through a quick currency pair update on the ones I am looking at trading today and please remember - when I am not here scalping during some afternoon periods- check back on the previous comments to get the "levels" and prices needed to either be scalp buying or selling.

Have a good day

Regards


F

 

[Forexmospherian]

EU

a HH yesterday - but no HL

Ok - thats does not mean we cannot go down to under 3300 today - but it does show for now that bears have been taking profits after Wednesday's low and more bulls have been entering to have achieved a HH from the previous day

Price now just prior to 7 00 and the EO is 3360

We have supports building from 3335 to 44 and now at approx 3350 /3 areas

Above here we are scalp bullish - but now need to see over 3370 -85 and of course 3400 to complete a small turn up

Under 3349 -40 and of course 3330 - I would be in scalp sells

 

[Forexmospherian]

GU

Down to 6802 in the Asian session - a new recent low and nearly 400 pips lower than the highs of a month or so ago.

Under 6800 we do have supports at 6773-80 area and for now first R's are in the 6820-30 area.

Price atm at 6809 and for now still trying up and a scalp buy above 6804

 

[be-positive]

morning looking for EU to head north

 

[Forexmospherian]

EJ

Another pair posting another new low in the Asian session - ie down to 135 72

Interesting - we have the GU and EJ both with new lows - but not the EU ??

We really need to see the EJ retrace back above 136 00 to 136 50 /60 area to think we can hold scalp buys back on and that there may be a turn up. OK we can still get 30 -50+ pip retraces - but all the ones that stay under 136 50 /60 can then be sold off again - as the bias is very much down so far for August

I will be both scalp buying and selling on this pair today and have just taken 5 pips after the end of the hr TW from 135 92 /93

Back under 135 89 and 86 - back to scalp sells

 

[Forexmospherian]

morning looking for EU to head north

Good Morning BP

And it is atm - GL and have a good trading day

Regards


F

 

[Forexmospherian]

7 35 am

AU and EA

Ok - another pair posting a new low in the Asian session last night - the AU down to 9239/40

Under 9280 we are session bearish - but that does not mean we cannot see 20 -even 45 pip retraces back up - although first barriers would be at 9260 -65 area

Under 9242 and then 37 - price favours scalp sells for lower again - with next sypports at 9220 and 9200 areas.

EA - price rose and is currently up 190+ pips from wednesday afternoon /evening

Price just done a new high again at 4461 and above 4440 still in a scalp buy mode on pullbacks

 

[Forexmospherian]

morning looking for EU to head north

You are in the money this morning BP - Its going to be a good Friday for you today

WD

Regards


F

 

[Forexmospherian]

I think the EU deserves a chart this morning - will post one in a bit
Even 11 pips off the GU as well ;-)

 

[Forexmospherian]

7 46 am

EU now 3407 - is it your birthday BP ;-)

Down to 30% at 3392 which was a shame - but still - its money

 

[Forexmospherian]

Well its not been a dollar hour

I wonder how NVP and his FX correlator was seeing this last hr ??

 

[be-positive]

pete are you short EU now