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

[MajorMagnuM]

ej come back up but lr over still

 

[MajorMagnuM]

closing ej at be

 

[Forexmospherian]

EU

I will start with the most popular and most manipulated pair - the good old EU

We have been falling since Monday and 3630 area - approximately 110 pips and breaking out of the 3550 -3650 range we had for what seemed like weeks

Bears are getting in this last few days and are now expecting under 3500 and then 3400 - and even as low this month to 3200.

I am not expecting 3800 or 4000 this next week - but always suspicious of set ups - or false sentiment ploys

Yes if we go under 3500 and 3480 - then its a LL and we should then bounce and stay under 3550 and drop further

But so far - no test of main supports of 3500 - 3505 -3510-15 areas

In fact so far another HL at 3523 after 352/22 - but really unless we manage above 3535 and 45 then bias still favours lower

Not in a EU trade just atm - although if this bounce from 23 stays under 3530 we should be able to sell again

GL with it ;-)

 

[MajorMagnuM]

market winning 2 nil

 

[MajorMagnuM]

ej range not ideal now so leaving the sell

 

[Forexmospherian]

AU / EA

Since MM as bought it up - will review now

EA as been dropping again from 5 00 am approx 40 pips - and not got one of them

Price now at 4423 after a low of 4416

With EA dropping - normally the oppositely correlated AU will be rising

EA - is pure sell under 4448 - and now depends on the supports holding - either around 4415 -20 area - or of not there in the 4400 -10 area

Guess same with AU - we are up at 9380 area - above 9371 still a scalp buy in bias - can w ebreak the R area and try 9400 next ?

 

[MajorMagnuM]

ej wld have given me 6 pips but got out earlier when 27 held.

 

[Forexmospherian]

I normally follow a structure pattern of reviews - whilst also taking a few scalp opportunities as they come along from the 6 30 am TW.

Will finish another 2 or 3 reviews and then look for more opportunities in this EO window and then the 7 30 am

Unfortunately out then for 40 mins - but back next hr again for the morning

 

[MajorMagnuM]

all the ranges yet to widen out

 

[Forexmospherian]

EJ

Think about it MM

I took 2 .4 pips and exited - watching the 30 min rule on lows

That's held - so really above 24 should be another scalp buy - but we now need 34 and 39 to hold any scalp buys on

We have another 20 mins needed to breach low - but as we know that can easily be overruled in 25 -35% of cases if the market wants it too

I would only scalp sell it under 137 20 really - and then maybe on a bounce - but above there keep looking or trying to take scalp buys

 

[Forexmospherian]

EU

now testing the 3522 low .

Not in it - - will wait for after EO in 3 mins and review etc

 

[be-positive]

morning guys

 

[Forexmospherian]

EJ

Ignored 30 min rule - as under 1 pip now

Looks a strong sell - but its more than likely a false set up

Under 29 yes it was a scalp sell - but not in it for now

 

[Forexmospherian]

Morning BP

Lot of teasing going on again this morning - be careful for now

GL

 

[Forexmospherian]

GU

Update on this pair

For now any pullbacks staying above 7134 are bullish and should be looked as more scalp buy opportunties

Need under 7132 and 30 for looking at holding any scalp sells.

Above 7146 and 50 - look for more scalp buys

 

[MajorMagnuM]

ej for me range 11pips, will wait for more clarity

 

[Forexmospherian]

EU again

Under 3530 just looks scalp sell on any bounces up - but remember we dont know how strong supports are from 3510 to 3520 for now.

We do know above 3530 - 35 and 45 we would be scalp buying though - and under 3500 and 3480 scalp selling

 

[MajorMagnuM]

ok kids stirring will make porridge

 

[Forexmospherian]

ej for me range 11pips, will wait for more clarity

Agree

It became a scalp buy again at 7 01 am after 7 00 am tease down

we need over 34 really to alter the game going on

 

[Forexmospherian]

EA

Consistent last 18 min from 6 51 am - stayed to HH's and HL's and probably a euro clue on turn being tried

Only up 10 pips from low and its is a 2 pip spread - so will favour EJ and EU in preference - but now if we stay above 4415 - we might be able to try the 4440 area