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

[Forexmospherian]

9 24 am

GJ

Been session bullish from EO and its moved up over 50 pips

Stopped approx 30 mins ago with interim high at 186 85

GU also pulled back - but trying a turn up above 5700/ 05


With yen weak the pound news if good might rise it a lot more - but expected news as forecasted I think so should be no surprises

 

[Forexmospherian]

Yes, this PA looks like a stampede of an drunken Irish builder coming out of a London pub late on Friday night.

LOL

Nice desciption - sums it up well

 

[Forexmospherian]

9 30

spike down on POund pairs

 

[Forexmospherian]

I think EU fall as been ok under 2460 - but agree - its not easy PA - with slowness and then quick moves etc

For me EU still a sell under 57 - but I am sure a 10 -20 pip pullback is due

If that becomes 30 pip pullback - then different ballgame again

EU comment from over 40 mins ago

It did pullback - approx 15 pip - but stayed under 50 never mind 57 and was a scalp sell again - but now need to breach lows and support at 2430 area

If we cannot breach under 30 and 27 - then price will bounce again and if it gets above 52 then will have turned for tries up

 

[Forexmospherian]

Now its gone a bit boring will post a EJ chart of last bounce above 76 /77 level

 

[Fugazsy]

LOL

Nice desciption - sums it up well

I was able to draw a box around it....with fakes on both side, the bull fake was a decent try @ the average, the ML and RN, only traveled 8 pips at the bottom of the range

EDIT: we have the round number at the top (gold) and the previous day low @ the bottom (brown)

 

[Forexmospherian]

EJ - 1 MIN LR Chart for this morning with example scalps

EJ 1 min LR Chart

Longer LR's say structure is bullish above lines etc

But scalp sells still on - as well as buys

 

[Forexmospherian]

10 02 AM

EU

still not made under 2430 - but trying at 31

Under 41 still a sell - needs above 42 and 52 to hold scalp buys on

See you at 10 30 am ish time

 

[Fugazsy]

got a loss (short) -6 pips, there was not trade to take, but I did.

It came a bit out of frustration by having missed two not very clear shorts before that...well, I guess it is all about learning...

 

[Forexmospherian]

got a loss (short) -6 pips, there was not trade to take, but I did.

It came a bit out of frustration by having missed two not very clear shorts before that...well, I guess it is all about learning...

Hi FZ

I will post my GU chart with some scalp arrows on explaining how I see it now

EU as been easier to stay with bear action under 2450

GU - the low as been over 2 hrs ago now and high approx 80 mins ago and the range its in is now a BTTZ really - tease zone

Chart to follow

 

[Forexmospherian]

GU - 1 Min LR Chart for today - so far at 10 40 am

GU 1 Min chart

Price structure is bearish - under longer LRs and trendlines - but in a BTTZ range from 5700 to 5730 area - 30 pips of tease zone - only ok for scalping

 

[Forexmospherian]

10 02 AM

EU

still not made under 2430 - but trying at 31

Under 41 still a sell - needs above 42 and 52 to hold scalp buys on

See you at 10 30 am ish time

EU comment from 45 mins ago

Did not make under 30 and supports now at 2434

Above here and 42 and 52 more scalp buys

If no 52 - it will test 34 again

 

[Fugazsy]

GU 1 Min chart

Price structure is bearish - under longer LRs and trendlines - but in a BTTZ range from 5700 to 5730 area - 30 pips of tease zone - only ok for scalping

F

Thanks
Eu has been a pain today. That is ok. We learn better when it is difficult, I did not have a losing day for a while now.... I made a few mistakes....I should be up 2% instead of -0.6%.....Time for me to close the books...

Chat Later.

 

[Forexmospherian]

EU - 1 Min LR chart today up to 11 00 am UK time

EU

1 Min LR Chart - - price structure bearish - supports for now 2430/ 34 area

 

[NightFlight]

11.12am, is this the moment when EU changes bias in the session and becomes a buy?

 

[Forexmospherian]

EU

1 Min LR Chart - - price structure bearish - supports for now 2430/ 34 area

11 00 am Scalp buy

Already in buy above 34 - but added more at 11 00 am

The devil is in the detail

 

[Forexmospherian]

EU

11 18 AM

Not reached over 50 and 52 - so banked 70% STAKE and left 30% on above 37 - stop in profit still

 

[Forexmospherian]

Having 30 mins or so off now

Will post updated GU chart later - nice fall on that one now

See you later

 

[Forexmospherian]

GU - Updated Chart at Midday

GU 1 Min chart

Price structure is bearish - under longer LRs and trendlines - but in a BTTZ range from 5700 to 5730 area - 30 pips of tease zone - only ok for scalping

Fall continues to test supports

 

[be-positive]

looking at above chart/s I am starting to wonder if Papa Pete is going into the wallpaper business comeon peter do us all a favour and zoooooooooom into Time Zones where you have had trades