EU - Tick Scalp Buy 21st Jan 13

Scalp buy from last low - 1hr after London Open. Based on - Time change / Low / HL / Linears/ OS on small frames etc / Still in range / etc etc

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Comment by Peter jcp on January 21, 2013 at 9:45am: Above 3319 - EU is still a scalp buy - but needs to break through 3333 - to get out of range.

Comment by Franck Max on January 21, 2013 at 9:54am: Yup, that 3333 is very sttuborn today, at least thus far..

Comment by Peter jcp on January 21, 2013 at 9:58am: Hi Sun and Franck - five minutes to the hour change - and quite rightly as Sun as done with his stop - unless we break up through 33/35 - we are back into range again. I cannot scalp sell under under 19 and still holding part stake from my buy with 5 pips locked in whilst we remain above 3310.

I do have 18 /20 as a minor support still and I am sure next 5 -7 mins we will see if it holds or not

Comment by Franck Max on January 21, 2013 at 10:08am: 18/20 are now broken.. the bears are decisive today, it seems.

Comment by Peter jcp on January 21, 2013 at 10:13am: I closed the part buy order at 3316 as I guessed it might take it at 3310 and exited the sell from 19. I agree with you Sun if we go under 3300 and 3290 then 3274 is on - but meanwhile still think 3333 might still come into play as part of the stop hunting game,

Must see if 3310 holds or not will scalp sell under and meanwhile if it holds back into buys again

Comment by Peter jcp on January 21, 2013 at 10:20am: Breached under 3310 - so now under 3319 and 3310 still lower and only looking at scalp buys if we go back above 3320 for now

Comment by Franck Max on January 21, 2013 at 10:22am: Wow, all the way down to 3303, yet again..Where are the bulls today?

Comment by Franck Max on January 21, 2013 at 10:47am: Hi Sun,

'SL moved to +1 pip @ 3324 and TP @ 3275.' - Very brave, Sun! :) You might just be right there. it is heading south.

Comment by Peter jcp on January 21, 2013 at 11:02am: Hour change again and price at 3307. Need under 3297 to scalp sell further down and whilst over 3302 should be scalp buying - with targets of over 3310 and 3320. If we dont make both - then test under 3300 again

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