A Master Class in FX Intraday Trading by F & Co

[Shacau]

EU 5min for 30min rule

 

[Forexmospherian]

GU

9 20 AM

Check out a perfect set up at 9 09am

i had a cross over on 2 quickest Lrs - but with 3 others also flat and going under from a low at 9 07 am and at 5458

5461/2 was entry

So far its topped at 5479 and stalling again the other Lrs and down bias

9 20 /21 is showing a scalp sell - but supports are forming now from 5458 to 66

 

[Forexmospherian]

EU 5min for 30min rule

yes - well spotted

To be safe allow over 35 mins etc

1420 -25 is a support area - so it might tease down - but we would need under 20 to hold any scalp sells from 40 -45 area

If 25 + holds then that favours a try over 45 and 50 and 53 then

 

[liver1234]

Are you short Gu at 5475

 

[Shacau]

GU

9 20 AM

Check out a perfect set up at 9 09am

i had a cross over on 2 quickest Lrs - but with 3 others also flat and going under from a low at 9 07 am and at 5458

5461/2 was entry

So far its topped at 5479 and stalling again the other Lrs and down bias

9 20 /21 is showing a scalp sell - but supports are forming now from 5458 to 66

I was focused on EU, lost that one...

 

[liver1234]

Did well on the EJ this morning nice move down.

 

[Shacau]

GU

scalp sell at 9:30 at 1.5475

 

[Shacau]

GU

scalp sell at 9:30 at 1.5475

out -6

 

[Forexmospherian]

EU 5min for 30min rule

stick an up trendline from 8 51 am price to 9 20/21 price on EU

Above there - still a buy

If we fall under TL still need under 1431 to carry on with a scalp sell as 33 to 35 is also now supports

 

[Forexmospherian]

GU

9 38 AM

Its up TL is from time wise 9 08 am to 9 30 am

Above TL still a buy for now

 

[Shacau]

EA

scalp buy 9:39 at 1.5552

 

[Forexmospherian]

out -6

Shame there - we would have needed then under 69 to stay with sells - but we had a HL at 72 from previous 70

Quick Lrs wanted lower - medium LRs giving supports to keep it up - along as well with time rule - ie over 30+ mins with no breach on low

 

[Shacau]

EA

scalp buy 9:39 at 1.5552

out +10.6, left 30% open : ) moving stop to +3

 

[Forexmospherian]

EA

scalp buy 9:39 at 1.5552

Nice one

9 37 am low

9 38 / 38 scalp buy

 

[Forexmospherian]

Shacau

You are in the money on the EA

Well done

 

[Forexmospherian]

out +10.6, left 30% open : ) moving stop to +3

Excellent

 

[Forexmospherian]

EA

9 46 AM

We need over 5600 for it to keep trying up

If no 5600 then it will stall and maybe then test supports again

 

[Shacau]

out +10.6, left 30% open : ) moving stop to +3

out +18.4 of 30% : )

 

[Shacau]

GU

LH on GU?

 

[Forexmospherian]

9 54 am

EU and GU both did OK off scalp buys

EU topped so far at 1459/ 60

GU at 5496 interim high for now

Hope you got some pips off them

If not - there's plenty more for us to find over the next 7 + hrs - although I will be not trading all that time ;-)