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

[NVP]

AU and EA

Very unusual this morning - both pairs have made rises - normally they are opposite - and last night the AU made a new low at 9239 /40

the AU is still bearish for me under R's at 9275 - 80 - price currently in the 60's so if it does rise more look for more sells later on

EA - still have it bullish on pullbacks staying above 4420 /25 - my line in the sand area

yep - quite the spike earlier as euro went ballistic and AUD and USD got sold...............but USD took the real beating delivering the highs on its pairs

GMT-1 chart

N

 

[Forexmospherian]

yep - quite the spike earlier as euro went ballistic and AUD and USD got sold...............but USD took the real beating delivering the highs on its pairs

GMT-1 chart

N

Hi N

Yes it was a really busy morning from the 7 00 am open

Glad you used your 5 min correlation chart - just out of interest what was it like on the tick and 1 mins - would it have shown those moves prior to 7 00 am ??

Have a good day - and remember one part of the equation to add to your set up - ie time and time windows - that's whats so many of those blooming robots are geared to do

Will be around for some scalping after 1 30 pm news for a couple of hrs - seeing if I can find some more good set ups

Regards


F

 

[Forexmospherian]

11 39 AM

EU - watching now to see if we post a LH to 3408 before the hour and Midday

Above 3410 and 13 - would still be scalp buys - BUT really 3405 OR 3402 could be the start of scalp sells at the end of this TW


For now above 3377 and 85 still bullish - but I would take drop from 3400 to 3888 at £50 per pip and be quite happy on a 3 pip stop

 

[Forexmospherian]

Midday

3393 and taken 70% off scalp sell that I ended up taking at 34023

Will stay in under 98/99

 

[Forexmospherian]

EU

3404 to say 3389 - approx 15 pips is really a BTTZ area - - could do your head in and take your money - whilst trying to guess which way it will come out ?

Need more clues for now to trade with high probability on EU

 

[Forexmospherian]

12 15 pm

Still in scalp sell on 30% stake on EU - will not let it go back over 91 now with price at 87.

 

[Forexmospherian]

EU

Out totally of scalp sell at 88 - not waited to be stopped at 91.

Ideally would like to sell again from 95/97 area

Above 98 and 3400 - might be then another try up then

 

[be-positive]

Midday

3393 and taken 70% off scalp sell that I ended up taking at 34023

Will stay in under 98/99

so you can walk on water

 

[Forexmospherian]

12 25 pm

EJ - as made above 136 50 - which was the area I was looking at selling from

Price now at 136 54 - with next R area at 60 -65 - above 37/40 - still in bullish scalp mode

 

[Forexmospherian]

so you can walk on water

Even better spread only at 0 4 of a pip

 

[be-positive]

was the hand of god pressing the sell button

 

[Forexmospherian]

One great trade on a favourite pair I have missed is the sell on the EA at 9 39 am at 4472 area

Its dropped 40+ pips and there was several opportunities to jump in after 11 00 am and 11 30

We are still 15 -20 pips away from main supports at 4415 -20 - so worth looking at if price stays under 4448

 

[Forexmospherian]

was the hand of god pressing the sell button

LOL - hehe - no just me thinking - this could be good

 

[be-positive]

waiting patiently to see if EU can indicate another possible long

 

[be-positive]

as of long EU here @ 95 area

 

[Forexmospherian]

12 39 pm

EU - 3385/6 looks like low - missed scalp buy but noticed its made above 92/3 and so more than a little bounce and above dynamic down trendline R

Would need over 98 and 3400 to think we might try up over 3408 and 10 and need under 84 and 80 for falls to that 77

Is 3385/6 the HL now in the sequence

Off to have an early lunch and will be back for Cad fun at 1 30 pm news time

 

[Forexmospherian]

Looks like BTTZ time again BP - ;-((

 

[be-positive]

this is the one that might go wrong -7 stop

 

[be-positive]

pulling stop into -5

 

[be-positive]

getting out -4