EU - From US session 24th - into Friday 25th - Intraday moves and Updates

I had not planned to do a EU blog today - as been concentrating more on other pairs - which have been moving more.

From 1.00pm UK time a nice up move started - caught on the tick chart - and since the move is over 20 + pips was worth covering - as this may be a start of more movements - even both ways !!

I will update further after the half hour change - but please feel free to contribute with regards to intraday trades etc for the US session

Good Luck

Regards

Peter

6 members like this

Comment by Peter jcp on January 24, 2013 at 1:32pm: Half hour change and 3352 was a scalp sell now - yes another set up ploy. We need to stay above ideally 3333 and 35 to keep up bias in tact for this hour .

Comment by Peter jcp on January 24, 2013 at 1:45pm: The GU and AU made new daily lows whilst the EU was doing a "dummy" ;-)). Still not sure if it is a "falsey" - but out scalp sell and watching to see if I can buy again over 3353 ?

Comment by Peter jcp on January 24, 2013 at 2:06pm: Above 3345 - EU is still a buy now - will need to break above 72 and 3390 though for a proper move

Comment by Peter jcp on January 24, 2013 at 2:30pm: Half hour change and US markets open. The EU is acting strange and they must be playing with new HFT or other robots - as high as gone over 30 mins without breaching - but we are still in an immediate up channel . This is a strange set up and so you can only apply common sense - no robot can get around - ie - If we go back over 3365 - we go and try 3371 + if we fail to hold 3345 area - and drop under 40 and 3338 - we go lower - take your pick ;-))

Comment by Peter jcp on January 24, 2013 at 2:48pm: Hi Fx Bear - guess you might say that one ;-)) - just need FXbull to say higher now lol. As i really don't mind - as I will scalp buy with the ups and sell with the falls - totally technical - we are and have been in this up channel for about 7 hrs - since the the low at the London Open. For us to come cleanly back out of it and enter a down bias we need under 3340 and under 3332.

I have some pending sells under 3320 again awaiting if we do fall again - but the market is being extremely "cagey" by getting traders to think - sell at highs and buy at lows - and is setting up another false ploy - so that we all think - last 3 days - sell at these prices etc.

I will be ready either way - and GL - FX Bear ;-))

Comment by Peter jcp on January 24, 2013 at 3:06pm: We might have guessed it was a trick again - now can we do over 3372 ??

Comment by Peter jcp on January 24, 2013 at 3:12pm

Comment by Peter jcp on January 24, 2013 at 3:33pm: Half hour change and now EU as 6 -9 mins to try over 3372 and higher. Otherwise its a wait for 30 mins or try under supports.

Hi Tony - wanted to send you some stuff by pm - tried to befriend you - but you have not accepted yet - otherwise befriend me and then i can PM some info on scalping - regards Peter

Comment by Peter jcp on January 24, 2013 at 3:42pm: Its 2 minutes late - they have playing with the bots timings ;-))

Comment by Peter jcp on January 24, 2013 at 3:57pm: 5 mins to 4pm UK - last hr of London session. Price as been up to 3378 and should in the next 5 - 14 minutes try higher. I am out for nearly and hr - so taken 70% off at 3375 and left 30%stake on with stop in profit at 3352. Good Luck

Comment