A Master Class in FX Intraday Trading by F & Co

[Forexmospherian]

2 00 pm

Update

Out in next 15 -20 mins

Back for 2 45- 3 00pm

I dont why I mention it - but i have had another good day today

OK a couple of small losses - in fact even if I had 5 small scalp losses I would have still totally out trumped my 50 pip daily target - simple down to 12 good to very good positive scalps over 7 pips and up so far up to 42 pips off the UCad

Must make sure I dont have more than 3 losses up to a total of 15 pips for all future afternoon trades

If i make another 5 trades all wins - great - but 3 consecutive losses - then I would stop and still be way over daily target

Controlled intraday FX trading ;-)

 

[Forexmospherian]

I know N likes the UCad

After 1 21 pm and news its fallen approx 20 pips - all lined up on LR's and time

loading more and more onto usd sells now

heres why

N

I hope you had the UCad sell

70 pip fall last hr - made so far 44 pips off it

 

[Forexmospherian]

3 03 pm

Back now

EU

Proper interim low for now made at 2 30 pm - (typical when I was not here ) and since then its been a scalp buy above 1228/ 30 and with so far a LH at 48

Range now 1250 to 1225 - approx 25 pips

Above 33 for me its still in scalp buy mode on pullbacks

 

[Forexmospherian]

3 03 pm

Back now

EU

Proper interim low for now made at 2 30 pm - (typical when I was not here ) and since then its been a scalp buy above 1228/ 30 and with so far a LH at 48

Range now 1250 to 1225 - approx 25 pips

Above 33 for me its still in scalp buy mode on pullbacks

3 30 pm

It bounced from 33/4 back up to 47 and the stopped for a 3 21 sell

Now needs over 52 to carry on with buys or under 25 and 20 for scalp sell

 

[Forexmospherian]

I hope you had the UCad sell

70 pip fall last hr - made so far 44 pips off it

UCad

3 40 pm

Comment before i went out at 2 07 pm

Was back approx for 3 00 pm and had 2 x 30% stake with stops in profit taken out at 3224 and 37.

its now made a 95 pip turn up and sad to say since got back only made 26 pips out the move up after 3 10 pm

Not quite hit 3300 and will need to put my clock on that last high next

 

[Forexmospherian]

Ideally want to buy the UCad again above 60 after this pullback from 3295 area

If it drops under 3260 - new ball game again

 

[Forexmospherian]

3 30 pm

It bounced from 33/4 back up to 47 and the stopped for a 3 21 sell

Now needs over 52 to carry on with buys or under 25 and 20 for scalp sell

EU 3 45 PM

3 33 PM at 1241 and 3 40 pm at 1238 were both scalp sells

need as said under 25 and 20 to stay with sells

 

[Forexmospherian]

Ideally want to buy the UCad again above 60 after this pullback from 3295 area

If it drops under 3260 - new ball game again

It did not drop under 3260

It stayed above 71 and late to party but became a scalp buy after 3 43pm and now made 33147 as I type - real time ;-)

 

[Forexmospherian]

EU 3 45 PM

3 33 PM at 1241 and 3 40 pm at 1238 were both scalp sells

need as said under 25 and 20 to stay with sells

No under 20 - stopped at 22 - cross for buy was near 25 - late - so missed it

 

[Forexmospherian]

Ideally want to buy the UCad again above 60 after this pullback from 3295 area

If it drops under 3260 - new ball game again

UCad chart after 2 00 pm

Could not join the party until after 3 09 pm - as was out from desk

 

[Forexmospherian]

3 57/8 PM UCad scalp sell from 3320 after a 3223/4 high

 

[Forexmospherian]

Last hour on UCad - 4 scalps - 96 pips

3 57/8 PM UCad scalp sell from 3320 after a 3223/4 high

4 20 pm

Chart from 3 09 pm to 4 09 pm - 1 hr

Nice movements

2 scalp buys - 2 scalp sells - last one still got partials on


Note the KT's and quick 2 LRs cross overs and also PA reading etc

spread mostly under 1.1 pips

Late on first scalp buy - thats why not over 40 pips

 

[Forexmospherian]

UCad

3281 was low of 3 58 pm sell at 3320 area

last scalp buy - anytime after 4 27 pm

Finishing soon

Will pop back later on check out the partials on some pairs

I just hope some of you caught some of the calls today - not just off me

Mine are labled hindsight if they are 1 to 4 mins late - even if they do last 10 -15 - 20 - even 30+ mins and make over 30 pips - agree cannot call them in advance of entry - just in advance of the move ;-)

See you later - if not Pre Opens before 6 30 am tomorrow morning

Regards


F

ps - Ucad high gone over 30 -35 mins now - so time rules

 

[Forexmospherian]

Thats interesting - just spotted some thing Fake elsewhere on the Thread ;-)

I wonder if anyone else can spot it ???

See you later guys

F

 

[MajorMagnuM]

u cad approaching high of 31st

 

[MajorMagnuM]

selling it with stop at 3314

sl at 3307

 

[MajorMagnuM]

i will exit if no 95

 

[MajorMagnuM]

out for loss of 2.3pips

 

[MajorMagnuM]

sold again

 

[MajorMagnuM]

6 pips risk