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

[Forexmospherian]

EJ

9 42 am

All lined up with a so called "railroad" candle set up at 9 30 am - 2 identical candles up and down on 1 min and then a fall from 136 05

Now down at 135 77 and looking for next interim supports

 

[MajorMagnuM]

will check it

 

[Forexmospherian]

GU

9 46 am

Not been my cup of tea this morning - not liked the PA

Its carried on falling under 5770 and now at a support area around 5740 area

Until I see smoother PA - will leave it alone

 

[MajorMagnuM]

took 50% of a remainder at 50 pips

 

[Fugazsy]

so i can understand you more, can you label this a bit on the chart? ty as im interested in how you see things, it can only help me with my holding positions, i often cut too early

sure.....


Ranges are good because they mostly fail...... the dark green box is the range after bears are showing their strength, the outside bar broke above and failed trapping the bulls, the bar is 22 pips, also broke below and failed (a fail final flag) and trapped the bears, that bar is also a range bar (not trend bar) which set the boundaries for a larger range (light green box)........ then prices broke above.....strongly (but as we know ranges BO often fail), broke also above the upper channel line and the resistance line, bar 1 is a reversal bar kind of.....(wick at the bottom), the bar after that trades below its low which makes it a first entry, the third bar after 1 bar trades below his previous one at a more expansive price then the first entry which is a second entry and more reliable one when you have a strong push prior in the opposite direction. So here you have many trapped traders.....range,channel line and resistance line.....I hope I have been clear enough...

1060 is my TP (I am dreaming) I am short from 1437...wish me luck

 

[Forexmospherian]

EU - 1 min LR chart of morning action so far

EU - 1 min LR chart

with TL's and KT's and levels etc etc

 

[Forexmospherian]

9 51 am

Did not take scalp buy - just dropped to another 30% stake instead

stop in profit at 73

 

[Fugazsy]

my 30m chart prices got to the lower channel line......if she goes through it she may go to the next one..... and Mr King is not we us anymore.

Thank you Mr King:

https://www.youtube.com/watch?t=308&v=eKMLIcJJFTI

 

[Forexmospherian]

EU

10 00 am

lowered 30% stop to 68 now

If we do start to turn up - then at least got more profit out of my 30% stake off the original sell

 

[Forexmospherian]

my 30m chart prices go to the lower channel line......if she goes through she may go to the next one and Mr King is not we us anymore.

Thank you Mr King:

https://www.youtube.com/watch?t=308&v=eKMLIcJJFTI

Yes another great one bites the dust - a great shame

PS

I like that chart - a nice one

 

[Forexmospherian]

10 07 am

cancelled stop and out at 61 - it looks as though a small turn in on from low at 1351 now

 

[Forexmospherian]

I have 73 and 85 as two possible retrace targets ??

 

[Forexmospherian]

Popping out after 10 30 am for an hour or so

Will be around for lunchtime and then a couple of hrs this afternoon

 

[Forexmospherian]

11 54am

Back for a bit

Looks like 2 hrs of going nowhere on EU - still in a 1345 to 1370 range for now

AU as been nice - Its basically fell from 8 00 am approx 50 pips - nothing amazing but PA as been fairly easy

GU - as fallen like EU and AU - but just did not like PA - approx 55 -60 pip fall from opens - but you could have made that on 3 or 4 scalp buys on the pair - as pullbacks have been anything from 10 to 22 pips and there as been at least 5 of them

 

[Forexmospherian]

EJ

11 59 am

The odd one out really

Set up like EU but from 10 00 am approx it pulled back up approx 50 pips

Still needs above 136 30 and 40 to go back in to bullish PS for the afternoon or US session - last high approx 136 21 and low 135 69/70

 

[Forexmospherian]

Interesting - UChf one I watch but do not trade that often as risen approx 90 pips from Opens - thats a lot for this pair

Around the 9200 level now and R;s here and at 9210/ 20

 

[Forexmospherian]

Taken my first scalp sell on the GU at 12 00 pm at 5724

It dropped approx 14 pips - but I only got out with 7 pips - the bounce was quick and strong

That PA is volatile

 

[Forexmospherian]

EA


12 13pm

I am watching this pair as another new member here - ProFXTrader - has started a thread with this pair as a swing buy

Its going to his plan so far - but there as been lots of scalp opportunities on it this morning - against his buy direction

Last one at 11 59 / 12 00 pm as just seen a 18 pip fall - but should be another scalp buy again soon

 

[Forexmospherian]

Not looking good for EU bulls atm - the UChf as risen again above its interim Rs around 9200 -9210

EU not dropped so far under 1345 / 50 - but is it just a matter of time now ??

 

[Forexmospherian]

UJ

7 07 am

In a bullish PS session whilst price stays above 119 25 / 30 - and with price currently at 119 55 and still trying to rise

Any pullbacks staying above 46 are still scalp buys for now -but remember the 30 min rule if we do get a high in this hour

UJ

over 5 hrs later from this comment

Price stayed over 119 40 and as now risen up to 119 90 - so a 50 pip rise with R;s now from 119 95 to 120 00 and then 120 20