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

[Forexmospherian]

****. just made my first bad trade

i misssed that!

I can see what you missed - but on your bad trade - that one's got me at 1 09 / 1 11 pm

With news at 1 30 pm - I would not have been in it prior to release - even though 1 21pm on EU and GU both said scalp buys

Only back for 15 mins - but then should be in after 3 00 pm for maybe an hour or two

 

[Forexmospherian]

EU

2 00 pm

I think PS wise above 1265 and 80/85 on pullbacks or scalp sells can then be bought again for more tries up

Need to watch 30 min rule on current high at 1 50 pm at 1323

We never got under 1200 or 1190 - and so lots of supports from there now up to 1285 ish and even the bif round number at 1300

 

[Forexmospherian]

GU

2 04 pm

Similar rise after 1 30 pm news - but a LH atm after a 5746 high after the 9 30 UK pound news

Above 5660 and 70 is a bullish PS for US session for me

Would need under there and other supports at 50 and 35 /40 area to be staying or taking more scalp sells

Remember we could now stay in a 100 -115 range the rest of the day - but that's plenty large enough to make some nice intraday trades

 

[Forexmospherian]

AU

2 08 pm

I dont think I have mentioned this pair individually today so far - but like the EU & GU - after Opens and 9 -9 30 am -it was in a bullish price structure

So far its just gone up 100 + pips - nice PA as well

Now whilst all traders are struggling with the EU manipulation - dont forget other pairs like the UJ and AU

Will post a chart of bullish PA after 9 00 am next

 

[Forexmospherian]

AU - 1 MIN LR Chart after 8 51am today

AU chart on the 1 min

Fairly easy PA and also nice bull PS

 

[Forexmospherian]

ok ive taken about twenty shots of how i saw eu pa this morning. thought it may give an idea on how i approach a chart in real time.
ok to saturate thread F?

You carry on MM

I am ferrying my son about about atm - but hope when I come back to have another hour or so taking some new trades

2 50 pm on EU was another scalp buy - slightly early but still worth anything from 8 to 11 pips

 

[MajorMagnuM]

ok

 

[MajorMagnuM]

This is my first look at the EUR /USD m1 chart. we've made a new low and immediately tested my line in the sand and failed to breach. I'M short for a test lower as shown by the blue circle.

 

[MajorMagnuM]

We break lower

 

[MajorMagnuM]

Price comes back up and tests my sliding parallel. i add to shorts

 

[MajorMagnuM]

I add some longer lines to suggest support

 

[Forexmospherian]

3 17 pm

I think the cut off on scalp buys on the EU is about 1335 for now

I need under 1330 and and really under 1320 to be holding or taking new scalp sells

Above 1335 see if we do another high now for today

 

[MajorMagnuM]

I add the white trendline

 

[MajorMagnuM]

Price comes against my add on a bit but interim resistance is ok pre tw

 

[MajorMagnuM]

My add on moves back into positive

 

[MajorMagnuM]

Price has come down to the green tl but has bounced off. i add again

 

[MajorMagnuM]

both my white interim resistances hold price off. since 10 51 we have had no higher highs and my impression is that we need to try green horizontal supports at 20/22

 

[MajorMagnuM]

Which we do

 

[MajorMagnuM]

notice the test of the blue channel

 

[Forexmospherian]

I add some longer lines to suggest support

This is when you need to add time rules to a chart and a level though