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

[Forexmospherian]

8 55 am

UCad is the cleanest up mover atm

Looking to see where next R level is to see if we can get a scalp sell in

 

[Forexmospherian]

Ucad at 1385 - and just under 1400 is a interim R area

Above 1325 /30 is still bullish - but a 15 -40 pip pullback would be nice

 

[Forexmospherian]

8 59 am

EU

For now under 2465 favours more down bias and the session is still bearish if the supports as 2430 can be breached

If 2430 holds - then it might pullback to 50 /55 and then around there would be a nice sell area again with say 68 /70 as a stop - or a LH under 64.

Under 2430 - its then supports at 2420 and 2410 and 2403 etc etc

 

[Forexmospherian]

9 03 am

EJ

Interesting pair this morning

I have it session bullish on structure - but needing to breach above 147 35 / 40

Under 146 80 and 70 - session would turn into more bearish

So range say 75 to 147 35 - 60 pips to just stay in for a start

We need to stay under 147 10 really to keep with LH's and LL for testing under 147 and then the 70 /80 area

 

[Forexmospherian]

Notice main red news today is on the EU at 10 00 am

Should still be here still for that - but then more red news on the Cad at 1 30 pm I will miss

Not a lot going on by the looks of it news wise - and with US off yesterday - many might not be back at desks today etc

 

[Forexmospherian]

9 09 am

Ucad

As mentioned already - keen to sell under 1400 area

First scalp sell at 1385 after a 1387 / 88 interim high

It was in this TW at 9 06 and would need under 75 to stay with it

I dont see that quite happening yet - so will exit with as much as I can get for now

 

[Forexmospherian]

Ucad

9 15 am

Down to 30% stake at 77 and will leave that on under 83 - so stop in profit

 

[Forexmospherian]

9 17 am

EU

Up near my next scalp sell are under 65 at 50 -55 now

Need to wait to a new TW and hope we dont go over 65 so that I can sell high 50's - if possible

Over 65 and 70 changes its and I would not look immediately for scalp sells

 

[Forexmospherian]

Ucad

9 18 am

Out 30% stake at 79 - before 83 stop in profit area

I left 30% on the sell hoping it would breach under 75 to say 73 or lower - but not so - so exit for now

 

[Forexmospherian]

9 22 am

EU

Missed first scalp sell opportunity at 50 - but hope we stay above 38 to test 55 area again

 

[Forexmospherian]

9 24 am

UCad

1387/8 interim high needs to hold another 15 mins or so to stay as interim high for now

I want to sell again under 1400 if I can and so 93 -96 area would be better - but lets see

We then need under 74 and 70 next for a bigger pullback down mode

 

[Forexmospherian]

9 33 am

Ucad breached above 87 by approx 1 pip and so will look for another scalp sell now in the 90's if possible

 

[Forexmospherian]

9 17 am

EU

Up near my next scalp sell are under 65 at 50 -55 now

Need to wait to a new TW and hope we dont go over 65 so that I can sell high 50's - if possible

Over 65 and 70 changes its and I would not look immediately for scalp sells

EU comment from 20 mins ago

Kicking myself

Wanted around 55 to sell - and missed sell at 50/51 ;-((

Price now under 38 at 34 - so even worse - missed a nice 15 pipper

 

[Forexmospherian]

9 43 am

EU news at 10 00 am

Its back in range now of say 2430 - 65 area

Under 2428 - 20 - 10 - 03 scalp sell land

Above 65 and 70 then scalp buys to 2480/85 etc

In the range - a pain unless scalping for 2- 7 pips or so

 

[Forexmospherian]

9 46 am

UCad

gave up again at 1391 - not scalp sold again yet as wanted 94 -96 area - but looks like I missed boat again on another 5 pips in the kitty

Must be getting to fussy ? lol

 

[Forexmospherian]

We have news in next 10 mins approx - and then after 10 15 am I am out for most of day to Nottingham - seeing my daughter at Uni

Hope to be back after 3 30 pm or 4 00 pm and then might get an hour or two in

Will try and get a couple of scalps in before I leave after news

Please carry on posting any observations / comments views on the FX market and any questions etc etc- will then look at later in the day

Stay focused etcetc

 

[Forexmospherian]

9 51 am

Jumped on board on Ucad sell at 86

Silly really - but it just looked ready to fall again - and it did

Just touched 75 as I type - so another 9 pips in kitty within about 4 mins#

Not leaving any stake on - as news and going out

 

[Forexmospherian]

Noticed spread on Ucad was only 0.4 of a pip - thats really good normally 0 8 to 1.2 pip for me when I have traded it before

 

[NVP]

aussies look good as buys into usd

 

[NVP]

huge volatitily spike ............usd looks weak still