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

[Fugazsy]

Hi Fugazsy

Yes thanks - nice relaxing one for me but a lot of dog walking ;-)

Nearly 9 00 pm here and I will be off to bed in 2 hrs or so ready for a 6 30 am start

I have just posted a EU 1 min chart showing the range we need to come out of tonight to get more clues on next directions etc

If you are trading the Asian - GL and see you near the end of your day

All the best and have a good week


Regards


F

F

Not Asian session for me, I will start from Franky, have a good evening and be good.

It is 8:00 am down here, many things to do, chat later.

Fzy

 

[Fugazsy]

Good morning F, N, Sun and all the rest.
Have a great day

Fzsy

 

[Forexmospherian]

Monday 1st December 2014 - Pre Opens

Good Morning to all FX Intraday Traders - and Evening to Fugazsy

First day of the last month of the year and of course not a full month with the Christmas Holidays etc

Need to check the daily calender - and also what's planned in terms of news releases for the week etc

Normal stuff - quick updates on the main currency pairs along with levels and plans for intraday trades - that ideally are taken in the 2 time windows

All input with regards to FX pairs is welcome as well as any questions and queries

To catch all comments in busy times - please refresh your page browser at least every 30 seconds etc

Have a great day and a good week

Regards


F

 

[Forexmospherian]

EU

6 42 am

Still in its approx 35 -40 pip range with price at 2451 and for me a present up bias from above 2442/3 area

We have a lot of R from 2465 to 2480 - with main supports at 2427 / 30 area - then under there 2420 -07/10 and 2403

 

[Forexmospherian]

GU

6 48AM

Price at 5624 - with a low of 5585 area

I have 5610 as a support with 35 to 40 at the first R

Like the EU I have an up bias above 5610 for now and its been a scalp buy from the 6 30 TW

 

[Forexmospherian]

EJ

6 53 am

My favourite Intraday FX pair to short term trade .

Price at 147 98 and although in a bull mode - its been a scalp sell from 6 30 TW and from 148 04

Supports at 95 /97 then 85

R's at 148 07 -10 area

 

[Fugazsy]

pressure on the round number (see box)

 

[Forexmospherian]

7 00 am

I have got to pop out at 7 45 am time this morning - but hope to be back for a few hours from 8 30 am

Noticed on today's calender we have red UK Pound news at 9 30 am UK time - so will be chceking out the GU and GJ and maybe the GA that hour

For now GU been a nice scalp buy as already mentioned from 6 30 am TW and already up 15 pips at now coming to a R area at 5635 ish

 

[Forexmospherian]

pressure on the round number (see box)

I was thinking you meant 2400 on EU - but maybe 2450 ?

Yes that triangle need to be broken and now in last 5 mins the EU as dropped out a scalp buy at 2450 and fell to support area at 2442/44 area

I am out scalp buy with approx 1 pip after being up 4 pips - but did not take the scalp sell

We now have a LH at 53 from the morning high of 2457

However - still in the range for now - will we test under 40 and drop to 2428 area ??

 

[Forexmospherian]

EJ

6 53 am

My favourite Intraday FX pair to short term trade .

Price at 147 98 and although in a bull mode - its been a scalp sell from 6 30 TW and from 148 04

Supports at 95 /97 then 85

R's at 148 07 -10 area

EJ comment from 10 mins ago

Its dropped to 85 and still in a scalp sell bias under 97

I am down to 30% stake and will hold the sell on under 99

 

[Fugazsy]

pressure on the round number (see box)

missed it, kids...:whistling

 

[Forexmospherian]

GU

7 10 am

Out scalp buy at 5631 after a high of 34/35

Not left 30% on - but will review again at next TW

Excuse me for 10 mins or so

 

[Fugazsy]

I was thinking you meant 2400 on EU - but maybe 2450 ?

Yes that triangle need to be broken and now in last 5 mins the EU as dropped out a scalp buy at 2450 and fell to support area at 2442/44 area

I am out scalp buy with approx 1 pip after being up 4 pips - but did not take the scalp sell

We now have a LH at 53 from the morning high of 2457

However - still in the range for now - will we test under 40 and drop to 2428 area ??

Sorry mate 2450, I only take in consideration the 00 and 50

I missed the short, my kid needed help, but seem did not go far from my entry point, about 6 pips, now going back to the magnet line which is where she broke from (2446), there I wait and see.

 

[Fugazsy]

now prices are back to the round number and to the UTL that was broken before

 

[Forexmospherian]

7 22 am

EJ worked well - now down to 75 and moved stop to 84 now

GU - up at 40 area - so came out too early - and mistake - should have left 30% stake on - shame

Back just after 7 35 am now

 

[Forexmospherian]

Sorry mate 2450, I only take in consideration the 00 and 50

I missed the short, my kid needed help, but seem did not go far from my entry point, about 6 pips, now going back to the magnet line which is where she broke from (2446), there I wait and see.

I agree with you - and also best to wait

Out of scalps I have taken this morning - GU and EJ - been fine - stayed consistent - but EU - at times difficult when in a tight range - and of course - played with more

 

[Forexmospherian]

EJ

6 53 am

My favourite Intraday FX pair to short term trade .

Price at 147 98 and although in a bull mode - its been a scalp sell from 6 30 TW and from 148 04

Supports at 95 /97 then 85

R's at 148 07 -10 area

EJ comment from 10 mins ago

Its dropped to 85 and still in a scalp sell bias under 97

I am down to 30% stake and will hold the sell on under 99

7 22 am

EJ worked well - now down to 75 and moved stop to 84 now

GU - up at 40 area - so came out too early - and mistake - should have left 30% stake on - shame

Back just after 7 35 am now

EJ

7 35 am

Now down at 147 55 - brilliant

Shame I am only on 30% under 85/6 area - but basically a 50 pips fall in just over 30 mins

Best trade of the morning so far

 

[Forexmospherian]

GU

After 7 21 am - and start of 7 30 TW - its been a scalp sell from 5640

Missed it as was not at desk for about 5 - 10 mins

Now at 23 - but for me still in up bias above 5615

Out in next 10 mins

Back after 8 30 am

GL guys

PS - not left 30% stake on EJ - but under 70 still in sell mode for now

 

[Fugazsy]

F

I have a question for you, how can you trade so many pairs on the 1m TF and post so much.....Do you have good dope up there in England?

Fzsy

 

[Forexmospherian]

F

I have a question for you, how can you trade so many pairs on the 1m TF and post so much.....Do you have good dope up there in England?

Fzsy

LOL

Yes and I am 60 yrs old as well

Answer is - multi screens - plus tons of experience

It really does get easier every 1000 live trades you do - and I am well over 15k now

I make mistakes - but as long as I nail more wins than losses - no problem


You can get there as well - might take a few years - but IF I can do it at my age - shows what's possible

See you in a bit