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

[Forexmospherian]

8 57 am

As i typed that last comment both EU and EJ fell more

EU i was in the sell so OK - but was waiting to look for scalp buys on EJ above 45 but cannot take them for now

 

[Forexmospherian]

EU comment from over an hr ago

Yes - we made 31/2 and then fell again - clues nearly spot on there

Can we test 2600 now or not ??

EU

We tested 2600 and dropped through it easily down to 2592

Down to 30% stakes now and will only keep on under 98

 

[Forexmospherian]

EJ


Missed the fall under 45 and 40 and now looking at where we have supports

138 10 -20 is a strong support area so I would be looking around there in next TW's for changes and scalp buys

 

[Forexmospherian]

Back in 15 mins for GU news at 9 30 am

 

[NVP]

usd nearly back at Asian highs earlier .......an excellent return of serve !

 

[FXWorx]

P do you use 3 min for your scalp bias - ie scalp short below x buys above y

 

[Forexmospherian]

9 24 am

6 mins to Pound news

Its a scalp sell for now under 6206

Supports 80 -85 and resistance at 6210 -20 and again at 25/30

 

[Forexmospherian]

usd nearly back at Asian highs earlier .......an excellent return of serve !

Sometimes it more table tennis lol - with so many games going on

 

[Forexmospherian]

For news we need really under 6180 to be selling more and over 6225 /30 to be looking for higher tries up

In between - just a range we need to get out of for any larger moves

 

[Forexmospherian]

more drop so far on GU

Under 6180

 

[Forexmospherian]

cut off on scalp sells now 74

 

[Forexmospherian]

6163 low for now

Out scalp sells and will review

 

[Forexmospherian]

AU

9 46 AM

Will be looking at scalp selling somewhere in the 8720 to 30 area later on this morning if all lines up in a time window

Meanwhile fairly slow again now

Will be back some time next hour

Good trading

Regards

F

 

[FXWorx]

Whats your levels on GU P ?

 

[NVP]

into 20 mins of selling usd now ........nzd and euro have fared the best in bull activity

 

[be-positive]

lets try a short GU @ 81

 

[NVP]

P do you use 3 min for your scalp bias - ie scalp short below x buys above y

I use 1min and 5min charts ...........for scalping

alongside my detailed analysis of the usd index (and individual G7 currencies) I am always looking for trend confirmation from paricharts based on atr / established ranges of pippage...

eg one of my initial faults in scalping was I chased trends up and down in too tight a range........now generally (and dependent on pair) I will leave a move well alone until set numbers of pips movement up or down from high/low off previous move

eg I generally will not chase any pair that hasn't moved say 15-20 pips from prev direction

F is the master of this :smart:

but to repeat again .........its the strengthmeter dynamics that drive my decisions first and foremost

N

so

 

[be-positive]

dirtydog stopped out

 

[NVP]

lets try a short GU @ 81

ouch

 

[FXWorx]

I use 1min and 5min charts ...........for scalping

alongside my detailed analysis of the usd index (and individual G7 currencies) I am always looking for trend confirmation from paricharts based on atr / established ranges of pippage...

eg one of my initial faults in scalping was I chased trends up and down in too tight a range........now generally (and dependent on pair) I will leave a move well alone until set numbers of pips movement up or down from high/low off previous move

eg I generally will not chase any pair that hasn't moved say 15-20 pips from prev direction

F is the master of this :smart:

but to repeat again .........its the strengthmeter dynamics that drive my decisions first and foremost

N

so

Thanks NVP