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

[Forexmospherian]

10 42am

EU

Its stayed in its BTTZ teasing range - needs to break out either way really - but with Draghi less than 50 mins away - maybe - the market wants to stay undecided etc etc

 

[Forexmospherian]

10 50 am

GU

Play going on as price should have stayed above 5755 - and its been pushed under to 53 so far - manipulation on this pair going on atm

Need 45 -50 to hold for another try up - otherwise its more sells

 

[Forexmospherian]

For this next hr on GU - we might find out that 5772 area is another new low

From my price structure we are still in down bias and now unless prices gets above 67 and 74 - on bounces etc - then its another sell again - needing 45 -50 supports to then let go

This range is a typical BTTZ set up - ie it can twist and turn - 2 - 3 even 4 times and tease traders into new wrong trades - and then at some time - suddenly break out range and make a proper direction move again

 

[NVP]

if the usd stays strong (doubtful) I like AU sells...........jees long day !!

well the usd didn't turn and is burning north again ........AU is a nice sell already

 

[NVP]

interesting noises on EJ...........possible buys soon...........I wont commit as yet.....I want more of the sell momentum shaken out

146.60 is a buy signal ........I cant trade at moment

later
N

 

[Forexmospherian]

GU

10 58am

I notice new morning low happened over 1 hr from first low - thats keeping to normal move behaviour - but it was manipulated from under 55 onwards - either by LP's or by larger players

 

[Forexmospherian]

How I see the EJ

Now above 146 45 and 49 - its scalp buy

However - because of down price structure need over 62 to hold on scalp buys and then by 75 - want to scalp sell it again

Only way I would stay with scalp buys is above 62 and then above 78 /80 and then I would sell at 85 to 90 area

From 35 mins ago

It got to 62/3 - and then gave up again

Needs to stay above 53 for another attempt over 63

Under 51 and 48 scalp sells on again

I am glad LMax are keeping you out N - the market is up to tricks this last 30 mins or so

 

[Forexmospherian]

EU

11 04 AM

Still in a BTTZ range - but trying to break out upwards - but needs over 2580+ to stay with any scalp buys

Otherwise - 75 down to 60 - are just tease areas - ie to fry scalpers

 

[Fugazsy]

markets are not clear, I think they all waiting for Draghi's talks

 

[Forexmospherian]

EU

9 24 am

2466 is interim low for now

Will it still be so at end of half hr TW

Above 2470 scalp buys - but can only hold on longer above 2490

Otherwise take what you can get

Under 2460 needed to look at scalp sells and then 2445-50 next supports

EU

Comment from approx 90 mins ago

2466 was tested by a 1 pip lower move - just to catch out scalp bears ( me at that time - but I got out with 2 pip profit still )

Now clue is over high of say 77/78 and I need above 2480+ and then 90

Still plan to sell again under 2500 or 2510 - as price structure for session is still bearish under these price

OK - if price get back over 2500 and 2510 - well thats changes things again and price structure is set up again for higher again in the day

 

[Forexmospherian]

11 15 am

EU

Interim top again at 2477

Then it drops again- back into the BTTZ range again

Trick stuff - ie manipulation again - yes again ;-))

 

[Forexmospherian]

Mr Mover - President Draghi starts his speech in approx 12 mins or so from now

Hopefully after 11 30 am to at least Midday - we will come out the BTTZ range

 

[Forexmospherian]

11 24 am

11 21 am - start of new TW say another move up on EU again

Its still going at 78 for now

Would not hold on after 11 30 am though

 

[Forexmospherian]

11 31

I think when he said Hello - thats knocked the EU down 3 pips - lol

 

[Forexmospherian]

11 37 am

2478 again

 

[Forexmospherian]

EU

Daily price structure says lower under 2510 and 2500

This half hour scalp structure - says scalp buy - with now 80 and 90 - R hurdles to overcome

I would only scalp sell under 80 at 69 and then again under 59

Thats how I see it for now

 

[Forexmospherian]

11 51 am

From after 11 34 am and then 11 39 am - end of half hr time window - besides the EU rise - we have also had rises on EJ / GU / AU and falls on UCad and Uchf - ie dollar weakness

 

[Forexmospherian]

8 58am

AU

Although after 8 am we had the pull backs - shared with EU and GU - AU is still in session bull bias above 8560

Price atm 78 - so if we do drop further - looks for scalp buys around support area

AU comment from approx 3 hrs ago

We did test supports at 8560 - ie low 8559 at just past end of 11 00 am TW - ie 11 10 am

Since then like EU and GU -it favoured scalp buys and now made 8573 and still in up bull scalp bias above 8565

Hard work today - as so slow and testing so far

 

[Forexmospherian]

GU

12 12 pm

Still cannot make over 5772 /3 after another low at 45

We are still in scalp buy bias above 5752-54 area - but price structure is down and bearish under 5795 and 5800

So if we do go above 5773 - look for sells again then at R areas starting from 5780

 

[Forexmospherian]

EJ

12 15 pm

Ideally want to sell again under 146 80 /85

Price at 65 and scalp bullish above 52

Below 50 and 38 - be in scalp sells anyway