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

[Forexmospherian]

usd looking more and more bullish gang

Thats interesting N

I expect to be scalp selling more on pullbacks this hour

If we do new highs though- forget what I think ;-)

 

[NVP]

and the Euro is crazy strong at the moment ......

 

[Forexmospherian]

EU

11 10 am

We have to see if this last low goes over 30 mins no breach

So interim high 2478 and interim low 61/2

So say 17 pip range

A BTTZ for now

 

[NVP]

Thats interesting N

I expect to be scalp selling more on pullbacks this hour

If we do new highs though- forget what I think ;-)

well the usd is about an hour into a slow climb..........no real sign of next weakness .........yet

N

 

[Forexmospherian]

and the Euro is crazy strong at the moment ......

Not for me N

Its in what I call a BTTZ range

If we breach over high and 80 - then 85 -90 R

If we fall under 60 - then supports at 45 and 50

Really not ideal at all for now

We need some proper break outs - or its going boring

 

[NVP]

i'm not going to get toooo much into my own bespoke strategies ...........but heres the euro index overlaid on the usd index ................see why I'm not keen to trade that pair ?

as F is intimating on his BTTZ EU comments ...........toooo much correlation on 1mins ..........at the moment

N

 

[Forexmospherian]

well the usd is about an hour into a slow climb..........no real sign of next weakness .........yet

N

This what I see - red line

 

[NVP]

hey was it something I said guys ?

N

 

[NVP]

usd folded south for a few mins and stronger Euro stayed strong .........perfect scalp

N

 

[Forexmospherian]

EU

11 22

Above 65 - still a scalp buy with 78 - 80 - 85 and 90 all R's

If we can get above 2500 - then we will carry on after a pullback

But all that R might mean 60 or 50 is tested again

 

[Forexmospherian]

EU

11 25

Its being manipulated like mad atm

Its in a BTTZ still - so expect this - price is moving to catch traders out and get them in wrong trades atm

 

[NVP]

This what I see - red line

whats the red line F ????

 

[Forexmospherian]

GU

11 27am

Still above 5709 - so still a scalp buy - BUT hitting R areas at 30 -40 for now

Need a 10 pip breach higher really

Under 09 - scalp sells

 

[Forexmospherian]

whats the red line F ????

Major resistance - static or horizontal under 2490 / 2500

That needs to be breached to get more rises - and its a fairly strong barrier

 

[NVP]

and a big bounce on the usd index ............boy shes playing rough today .........

 

[NVP]

Major resistance - static or horizontal under 2490 / 2500

That needs to be breached to get more rises - and its a fairly strong barrier

ok thanks

 

[Forexmospherian]

Major resistance - static or horizontal under 2490 / 2500

That needs to be breached to get more rises - and its a fairly strong barrier

I have not checked to see if it matches with any FIBs or Murrey Maths etc etc - but its based on last 24 /48 hrs - so more relevant

 

[Forexmospherian]

I will get my EU chart up next

Give me 5 mins

 

[NVP]

and a big bounce on the usd index ............boy shes playing rough today .........

by this I mean conditions can be much more favourable to trading .......................look at last week........absolutely superb conditions (strangely)......this is what USD can offer playing nice

sigh :whistling

N

 

[Forexmospherian]

EU - 5 Min LR chart showing last couple of days to now

EU chart

With important levels to breach