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

[Forexmospherian]

1375 low held over 30 mins now

 

[MajorMagnuM]

weekly.....

the arrow bar, is this a pause bar before continuation, flag or a range bar? to me it seems more of a range bar than anything else.....the 3 bars in the box showed a good fight before prices moved down, they might constitute strong resistance......ok lets presume is a range bar, 94 is the top of the range and 1070 is the bottom....in a range we sell the top and buy the bottom......if is a flag, prices broke above and now is below and could represent a fail final flag..... so top of range, fail final flag and strong resistance....

Now I know I am against a strong bull but I think technically it makes sense, RR is great.

Do not follow me guys I often talk cr@p......

its a RLP

 

[Forexmospherian]

Intraday short term - above 1397 its a buy

Under 1430 and 20 its a sell ;-)

 

[MajorMagnuM]

Eu spread just kicked around a bit

 

[Fugazsy]

EU

5 min LR chart with levels etc and TLs and bullish PS above 1250 + I suppose

Need to check it out more - gives a bigger picture - but for me prefer to intraday off a tick or 1 min chart

F

Thank you....but I cannot see prices.....I do not know....maybe if you make the lines finer......but I guess on the screen it is much more visible to you and you do not need to see as much because lr's gives your structures or direction and TW's and TK's gives you timing....it makes sense to me....I also I had a go without lr's and it made good profits.... on demo....

 

[Forexmospherian]

Its been a really busy morning from early opens

I reckon there was over 500 pips available on 6 pairs if you had been able to trade both ways on the moves etc

I am happy with anything over 50 pips a day - but do try for 200 -300 pip days when everything goes well and my 30% trades work out OK

edit - sorry said 4 pairs - you would have needed 6 pair to make anything like 500 pips over last 3 hrs or so - and then you would have been taking bigger risks etc etc

 

[Fugazsy]

its a rlp

rlp?

 

[MajorMagnuM]

Liquidity pool. Sam seidon if i remember right

 

[Fugazsy]

Liquidity pool. Sam seidon if i remember right

yes I remember him, he was popular at one point....supply and demand I think he was hammering about.....

 

[Forexmospherian]

F

Thank you....but I cannot see prices.....I do not know....maybe if you make the lines finer......but I guess on the screen it is much more visible to you and you do not need to see as much because lr's gives your structures or direction and TW's and TK's gives you timing....it makes sense to me....I also I had a go without lr's and it made good profits.... on demo....

Yes when I am trading on 1 min charts only have it showing last 60 - 90 mins or so - so clarity is better

When you zoom out to 6 or 8 hrs plus its lost on a 1 min and lost on a 5 mins over a day or so

 

[Forexmospherian]

EU

9 46 am

Last 15 mins or so been a nice scalp sell as could not make over 1417 never mind 1420

Range like 1420 to 1375 atm

Back next hour

 

[MajorMagnuM]

Yes. AREAS OF S/D

 

[Forexmospherian]

10 04 am

So far this week - EU up nearly 300 pips compared to EJ only about 250 pip rise - normally EJ moves way more than EU

GU meanwhile not to far off a 400 pip rise - Elections from last week the reason

 

[Forexmospherian]

EU

10 08 AM

mentioned range of 1375 to 1420 - approx 45 pips

We stopped at 1389 on last fall and now back up at 1414 and still scalp bullish - but needing above 1420 to stay with any scalp buys

 

[MajorMagnuM]

Ok eu for me a leg up then reverse?
For instance....

 

[Forexmospherian]

noticed that was just on edge of 30 min rule on interim highs and lows

 

[Forexmospherian]

Ok eu for me a leg up then reverse?
For instance....

Between 1440 and 65 you think then ?

could be if we get at least 5 pips over 1430

 

[MajorMagnuM]

As you can see we are past the b point but the whole shape is a bttz really time wise

 

[Forexmospherian]

Ok eu for me a leg up then reverse?
For instance....

This also ties up with the top of my channel on a 5 min - ie around 1460 -65 area

Atm at 10 18 am at 1433

 

[MajorMagnuM]

Wyckoff and beggs m5 eu