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

[SpreadDoctor]

Going to have a quick break for lunch in a bit ready for both US and Cad news at 1 30 pm

Also notice more red news at 2 55 pm for dollar - unusual time before the hr - must be for some trickery plan ;-)

Will check out CAD for news as well as Euro and UJ / Swissy

The CAD for me is still session bearish under 09000.

Its been down to 08987 and then bounced back up in last hr - but still under 0900

Also GU now back under 6694 - so out scalp buys and into scalp sells again - but need under 84 to hold them on

thank F. I totally missed that 1.30pm scheduled news, that means there is plenty more room to chop some wood.

 

[Forexmospherian]

EA

like other euro pairs - bullish still - but cannot get over 4355 still with 3 attempts in last 4 hrs or so

Need under 4340 and then 32 to be holding or taking new scalp sells

Now made 4362 -- only on 30% stakes still on scalp buys on this pair though

Can stay with buys above 46

 

[Forexmospherian]

thank F. I totally missed that 1.30pm scheduled news, that means there is plenty more room to chop some wood.

A guy called Steve - an American in a chat room site called Forex confidential was always using that phrase "markets just chopping wood" - dont know whether they are still around as it was pre 2009 times

 

[Forexmospherian]

CAD

Became a scalp sell again in 1 00 om TW at 1 02 pm from 0901 - need under 93 to hold it on longer - otherwise take what you can and or drop to 30% stakes

 

[SpreadDoctor]

A guy called Steve - an American in a chat room site called Forex confidential was always using that phrase "markets just chopping wood" - dont know whether they are still around as it was pre 2009 times

yeah its a phrase from MM/Dealing room floors that they say when they are going to hunt for some prey. Let's 'chop some wood'. Along with referring to the FX market as 'the slaughterhouse'

 

[SpreadDoctor]

GU - if the number is as expected we should fly up here. let's see.

 

[Forexmospherian]

1 20 PM

10 mins to news

CAD is already being played with - and now its as broken above my so called line in the sand area at 0900

Presently above 0901 a scalp buy - after the scalp sell was just a false fall to take scalp bulls out from before

Not going to jump in any new trade so near to news now -- but hope to take scalps within 9 mins after the releases

 

[Forexmospherian]

GU - if the number is as expected we should fly up here. let's see.

If we see more dollar weakness will be scalp buying both EU and GU and scalp selling swissy - but will wait for news on CAD - as this seems a set up atm - with the 15 pip rise back up

 

[Forexmospherian]

Swissy just done another new low for session and EU already creeping up to 3396/7

Is this just another false set up ??

 

[Forexmospherian]

GU starting to join in pre news rise

 

[Forexmospherian]

Well great false set up on CAD - it dropped over 30 pips

Dollar news - damp squid atm

 

[johnradical]

Well great false set up on CAD - it dropped over 30 pips

Dollar news - damp squid atm

Don't think anybody loaded the starter pistol

 

[Forexmospherian]

1 34 pm

for now both EU and GU have turned to scalp sells - and Cad not bounced up still

 

[Forexmospherian]

Don't think anybody loaded the starter pistol

They did with Cad news - but not with Us dollar one ;-)

With more news at 2 55 pm - market must have another plan

 

[johnradical]

They did with Cad news - but not with Us dollar one ;-)

With more news at 2 55 pm - market must have another plan

Not been looking at CAD today, been with EU, EJ and GU. Had some payout on the EJ

 

[Forexmospherian]

Not bothered scalp buying Swissy - but will try for 10 pips on both GU and EU scalps sells and then drop to 30% stakes and lock some in

 

[Forexmospherian]

The Cad as a 10 pip gap on it on small frames - dont know whether it will try and close and then drop again

 

[Forexmospherian]

Not been looking at CAD today, been with EU, EJ and GU. Had some payout on the EJ

Well done John

I only looked and bothered with CAD for the news

Thought there was something fishy going on -when it suddenly started rising a n hr or so before the news - and there was

 

[Forexmospherian]

Taken out my 30% stakes on both sells on EU and GU - but still made good profits on 70% parts

These bounces dont look normal - and so would not be surprised to see more turns being tried now and so back to scalp buys for now

 

[johnradical]

Well done John

I only looked and bothered with CAD for the news

Thought there was something fishy going on -when it suddenly started rising a n hr or so before the news - and there was

I'm still holding out on trading just after the news as yet, I need more time and practice with it to gauge entry's etc... But on the other hand my none news trading has picked up and I think i'm starting to get some where now. I have been making progress in the last month.