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

[Forexmospherian]

EJ

Testing 82/83 now - down to 30% on scalp buy with stop at 73

 

[Forexmospherian]

Ok risking 30% on scalp sell on GU now its down at 83 - taken 70% profit off - as I am a chicken

 

[Forexmospherian]

placed stop on 30% at 93 - still in profit - so in the hands of market now - and I hope no gapping ;-)

 

[Forexmospherian]

LOL

Well GU dropped - but increased spread took me out my 30% stake

Under 86 now still another sell on pullbacks

 

[SpreadDoctor]

so the 95 printed and we are back short

 

[Forexmospherian]

so the 95 printed and we are back short

You got that part spot on - Well Done SD

Now - will we try under 6550 today ?

Probabilities say yes - but then surely players can make more money not taking it under 50 ?

 

[Forexmospherian]

Having a quick 15 min break - back for next hr then - hope its not going boring next lol

 

[NVP]

looks like the usd is going through the last rites of its bull action in last few days....we could see some selling through to weekend ............lets see

N

 

[SpreadDoctor]

thats a bad 9.30 fig for sterling. plenty more downside here I think...

 

[SpreadDoctor]

You got that part spot on - Well Done SD

Now - will we try under 6550 today ?

possibly yes F. It can be tricky to ready the MMs later in the week especially as they have already likely been fed. They have had 2 huge feeds so far this week. Watch out for false rallies here.

 

[Forexmospherian]

10 01 am

GU

What I am seeing now is a HL on GU - ie low 6562 - HL at 68/9 and its held for 30 mins now.

For me thats means next 30 mins its should try higher and only breach HL - thats if it does after another 30 mins

Under 86 is scalp sells - but above 88 and 92 - scalp buys again

Tricky one - but always like trading interesting scenarios - except on EU - because that pair is a bit of a bar steward ;-)

 

[Forexmospherian]

EJ

Well we tried and tried - but still not got over 137 84 and 82 was another scalp sell needing under 72 to hold on longer for a larger fall

 

[Forexmospherian]

GU

Ideally if price can print a LH under 98 at say 94 or so then we have a HL and a LH and a BTTZ area or chopping wood land for a bit

 

[Forexmospherian]

9 12 am

GU - cannot make above 6590 for now - and back under 86 its a scalp sell again

On small frames - if we do stay under 6590 now - we have a Head and Shoulders pattern - not as though i take a lot off patterns - but they can all add up on the clues list

 

[Forexmospherian]

CAD

09600 to 09665 is good support area for me - price at 67 atm

Swissy


supports at 9110 to 18 main support area

Look for changes at these prices

CAD news from 2 hrs ago

it stopped at 0965/66 and price direction changed - calling for a scalp buy

Now its made 79 and above 72 - still a scalp buy

 

[Forexmospherian]

GJ

this pair still seems bullish

it made 172 40 from 172 00 low around the opens - above 22 still scalp bullish with price currently at 28

Need under 20 and 15 to go back to scalp sells

 

[Forexmospherian]

10 21 am

New time window and EJ trying again to test above 137 84

Above 79 still scalp bullish in the R area - and now need under 75 and 72 to be back in scalp sells

 

[Forexmospherian]

EU

Just in a 9 pip range last 90 mins

Needs back over 75 and 78 for more scalp buys or under 63 and 57 for scalp sells

 

[Forexmospherian]

GJ

Had to pull out scalp buy as no over 30 and 33 - needed for higher and now under 27 its gone to scalp sells

A bit of a BTTZ area - as above 20 /22 a scalp buy and under 30 a sell - so need more clues before taking next scalp on that pair

 

[Forexmospherian]

AU and EA

Not mentioned these 2 so far today - mainly because when I looked earlier - of not much interest after the falls of AU and rises of the EA yesterday and last night

Now we have retraces - with EA down over 25 pips and AU trying up again

Until the AU gets back above 9300 again - for me this move up could easily fizzle out in the 9285 - 95 area

Will keep an eye on both and when I see good scalp opportunities will mention