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

[Forexmospherian]

10 02 am

Yes it was a false tease on EJ and GU - but still too early to say for sure

Markets seem very slow and uncertain - and normally 10 00 am -12 00 / midday is a slower period

i will monitor next 20 -30 mins and if we dont get out the BTTZ areas - will ignore again to next hr or when proper movements start

 

[Forexmospherian]

EU

Just posted a slightly HH now at 3537 /38

Above 31 still a scalp buy

 

[Forexmospherian]

EJ

made so far 137 41 - and 40 -48 was my sell area


For now its a scalp sell under 42 - BUT - from 31 -33 it becomes a scalp buy again


Could be a 10 pip BTTZ - but will only know if 31 holds

EJ

Comment from approx 35 mins ago

Price slightly went under 31 - but was a tease and then 31 /33 was the scalp buy

Now at 10 08 am price at 137 40 again - down to 30% stakes on scalp buy now

 

[andrac]

push.....e/j not playing today...http://screencast.com/t/eH4nUbFdOD

 

[Forexmospherian]

GU

we need over 7122 to hold any scalp buy above 7110

Under 7106 and 7100 more scalp sells

 

[Forexmospherian]

EA is odd euro pair out - and that might be as AU really wants higher and stronger then the euro

GU - still trying to turn up from supports - but not convinced on either way for now

 

[Forexmospherian]

Any one who is just scalping for 1-3 pip might be having a field day

For example check 10 09 am ( end of TW ) in EJ at 137 42

41 became the scalp sell and its made 36 so far - so after spread - still 4 + pips

 

[Forexmospherian]

10 27 am

EJ now 32 and 31 was the turning point last visit

Got the feeling the high of 137 42 was false - similar on EU high - and now we might see LH's and LL 's again

My EA buy area was always 4422 - 25 if we do drop that far on that pair

 

[Forexmospherian]

Cad and GY

Cad been trying up since opens - but only moved up about 15 -20 pips - so slow

GY

As fallen approx 100 pips from 2 days ago - but not done much at all from Opens

Look like we need to wait for more movements - or just live with small scalps

I reckon time for another break - but will check out every TW

 

[Forexmospherian]

More teasing going on

EU and other euro crosses trying up again now - Its OK to hold scalp buys with profits locked in or on 30% stakes - but all the moves are followed by pullbacks - the market hoping to catch traders out etc

We need news or a big player to get thing going = otherwise just more waiting

Its like being stuck in traffic on the M1 or M5 in the UK after a crash or a problem - You never know whether you will be sitting going nowhere for just 30 mins - or whether you will be still there is 3 hrs time

A bit like trading - but with the market deliberately wanting to catch as many out as possible ;-)

 

[Forexmospherian]

11 13 am

GU from 11 09 am is now a scalp sell

Trouble is supports at 7108 to 7110 are still strong

We need under 07 and 04 to hold the scalp sell on - otherwise it will just bounce again

Above 15 - 18 and 22 all scalp buy areas

 

[MajorMagnuM]

HI, had to walk to park with class as were short handed . gu limit hit

 

[MajorMagnuM]

au im short from 76 5 mins ago

 

[Forexmospherian]

Hi MM

You have not missed much last few hrs - super slow ;-)

GU

Had scalp sell on wanting price to test 7110 and 08 - no luck

Trouble is now - another BTTZ on GU

We need above 15 and 18 to be scalp buying and under 07 and 04 to scalp sell

The 8 -10 pips in between - forget for now

 

[MajorMagnuM]

gah ej 2 mins out of tw, green dotted passed above

 

[MajorMagnuM]

au assuming a try for 67

 

[Forexmospherian]

Besides AU trying to fall - also EU and EJ atm - with 6 mins left to new TW

 

[MajorMagnuM]

ive taken 70%, as changes seem to be occurring either a couple mins early or late

 

[MajorMagnuM]

sl on remainder 72

 

[MajorMagnuM]

i really should have seen gu short