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

[Forexmospherian]

12 45 pm

AU not got over 9295 and so for now under 95 is scalp sells - needing 88 to let go to hold scalp sells on longer

Then its a case does 82 /84 hold again - for another test of 95+ or not

No under 88 favours 95 being reached and price testing 9300

Trouble is news next hr and most pairs going into chopping wood or BTTZ's

 

[Forexmospherian]

GU

topped so far at 6653/4

Under there scalp sell - but only hold if 44 lets go

Back above 55 and 60 scalp buys

 

[SpreadDoctor]

 

[Forexmospherian]

12 57 pm

Gu now at 6645 and we did not get above 55 and 53/4 stayed as interim high

Trouble is we now need 2 lower prices - 43 and under 39 to stay with scalp sells

Having a break before CAD news -

Out 70% stakes on sell on GU at 45/6 and will leave 30% stake on with stop at 52

 

[neil324]

long eu 2871 sl 2821 tp 2971

 

[Forexmospherian]

Cad news in approx 7 mins

Just checking chart

 

[Forexmospherian]

CAD

Above 0942 /45 - its still session bullish -if we imagine that as a line in the sand - then any pullbacks staying above 42/45 we should look for more scalp buys - but then need above 0956 and 65 to hold them on for higher price moves

If 0945 and 42 let go - look at scalp sells with a breach needed under 35 and 30 support for a proper move lower

Will be interesting effect on US dollar - so we can also look then at otherpairs

Big news again at 7 00pm tonight could be used again for more moves again and get the feeling from 4 pm to 6 pm might be quiet

 

[Forexmospherian]

1 32 pm

Cad news a bit of a damp squid

Dropped approx 10 pips and now at the 0942 /45 area

Dead in the middle of a direction - so forget this one for a bit - cannot trade it atm

 

[Forexmospherian]

EU

bounce made 3282 from 75 - so just on edge and now still not gone 30 mins yet for a breach under 3274

If we stay above say 3270 - then we do need above 85 really for a turn being tried - for a start

Comment on EU from an hr ago

Ok we stayed above 3270 - and we have made over 3285 - with price now at 1 36 pm at 3391/2

Next challenge - 3296 and 3300 - but we need to stay above 83 for this to work

Price going under 83 is scalp sell land again for trying the 75 /80 support area again

 

[Forexmospherian]

GU

Just will not go under 6643/4 and then 40

So another test higher for now with high at 53/54 area

Will we post a LH - or a HH ??

Big question - and i dont know yet - need more clues

 

[Forexmospherian]

EU

Looking at bigger picture - would be nice if we can sell around 3298/99

Needs to line up with TW and price for now stayng above 83

 

[Forexmospherian]

AU

surprised me - made 9298/9 so far

Hitting R area at 9300 to 9303 - so we should be able to scalp sell in next TW

if however we try over 9304 - then will be surprised - but dont stay in scalp sells - look for more scalp buys on pullbacks staying above 97

 

[Forexmospherian]

EU

Looking at bigger picture - would be nice if we can sell around 3298/99

Needs to line up with TW and price for now stayng above 83

Looks like more chance of 83 now than 98/99 first

jumped in scalp sell late at 88 - but lets see if 83 lets go

 

[Forexmospherian]

GU

Looks like LH is 6651/2 for now

missed scalp sell at under 50 - but only worth holding if 43/4 and 40 let go

If not take what you can get

 

[Forexmospherian]

1 55 pm

EU - made 3.3 pips - 3283 still wants to hold for now

Need above 89 for scalp buys to be worth holding for try over 94 and then 98/9 area

 

[Forexmospherian]

Cad

approx 30 mins after red news - price still lingering around 0942/44 area - although at least trying up now at 46

Will not bother trading it

Going to have a break - might take an hr or 2 off - depends on next moves etc

Will be back later and for 7 00 pm time

Good Luck guys


PS - not forgotten Sigma D - need to answer his questions a bit later

Regards


F

 

[Forexmospherian]

As i get ready to leave screens - noticed now GU made under 44 - now needs under 40 to drop lower

 

[SpreadDoctor]

GU - timber

 

[NVP]

AU

surprised me - made 9298/9 so far

Hitting R area at 9300 to 9303 - so we should be able to scalp sell in next TW

if however we try over 9304 - then will be surprised - but dont stay in scalp sells - look for more scalp buys on pullbacks staying above 97

yep real nice run up from 84.......

 

[Forexmospherian]

GU

Looks like LH is 6651/2 for now

missed scalp sell at under 50 - but only worth holding if 43/4 and 40 let go

If not take what you can get

As i get ready to leave screens - noticed now GU made under 44 - now needs under 40 to drop lower

3 27 pm


the devil is in the detail - and hidden moves are very devious - and devilish

We did not break under 6640 - and Gu bounced up again and just stopped prior to R area at 6655.

Yes a LH and another scalp sell - BUT - we have a dynamic up trend line support from 40 to 44 - upwards and that says above 45 we should try up again


i am still looking at scalp buys and even if we do get above 55 and 60 - yes we could stop at 71 or 80 - but there again - we then might go through to 6690 or 7000

My bias is my levels and if we dont make over 55 and 60 - it sells again for under 40 - and if we dont make price under 40 - then its buys again ...... etc etc etc

Will check out other pairs now