A Master Class in FX Intraday Trading by F & Co

[Forexmospherian]

in fact both scalps offered fast pips .............even though the red GBP fell with the usd ........but because usd got sold off it doesn't matter

BOOM

ok gang ......see you later ...........stuff to do :smart:

N

Morning N

I have missed that "BOOM" - ;-)

Yes the GU and EU both been bullish early on - but will have to get you on that EA when you have a few hours

Enjoy your week

Regards


F

 

[Forexmospherian]

EA

8 29 am

Left 30% on sell before went out with stop at 5653

Amazing its dropped 80 pips and still bearish atm - as well as trying to fall under its LiTs area

 

[Forexmospherian]

6 58 am

EU update

Above its LiTs area and in a range from 1350 to 1380 - approx 30

Bullish above 1350/ 55 - but really needs above 1380 and 1400 to be holding scalp buys on longer

I have had 2 scalps on it so far - ( like EA ) after 6 00 and 6 30 am - In fact will have done my Daily Target including partials already before the first Open - but not money target

Need under 1347 and 40 to be holding the scalp sells on longer or taking new ones

EU

8 35 am

Now trying to come out of its range of 30 pips from 1350 to 1380

It could not make over 1380 and so after 8 00 am started a pullback that so far as dropped down 1344

For now bounces staying under 1354 are sells again

 

[Shacau]

Good morning all,

I wonder if EA will turn here or keeping falling?

 

[Forexmospherian]

EA - After 6 07/9 am and then the sells after 7 30 / 7 39 am

EA

8 46 am

Even on a boring Monday Morning this pair excels

Last move as dropped approx 90 pips

Before that 2 lovely scalp buys worth over 50 pips

1 min LR chart

 

[Shacau]

EA

8 46 am

Even on a boring Monday Morning this pair excels

Last move as dropped approx 90 pips

Before that 2 lovely scalp buys worth over 50 pips

1 min LR chart

nice : )

I need to start trading early

 

[Forexmospherian]

Good morning all,

I wonder if EA will turn here or keeping falling?

Morning Shacau

i will be looking for some pullbacks - like on EU as well

Then on EA sells again under 5590 or 5600

Have a good day

Back after 9 00 am next

F

 

[liver1234]

Just back from school run.

 

[Forexmospherian]

9 00 am

Keep an eye on time rules on interim lows and highs next

 

[Forexmospherian]

Just back from school run.

My lad is off for 2 weeks now - although not really a school - academy 6th form college - but daughter at Uni not off this month

 

[Forexmospherian]

Intersting EA made another low now - but EU now out of sync

 

[Forexmospherian]

I have started to notice this more nowadays - ie correlation of GU and AU both rising - and then EA and EU falling

In the pre HFT era normally the GU and EU were always generally in sync - but nowadays the market makers have ways to unsync any pairs basically when ever they want

 

[liver1234]

Do you think Ea will bounce at this level f

 

[Forexmospherian]

EU

9 09 am

Its not gone over 30+ mins from low - but even with a pullback you get the feeling you might be able to buy again - as it won't make a new low in next 10 mins

Under time rules it then need 50/ 60+ mins to breach the low - thats if it is going to do that - but if a low or high stays in place for both over 30 and 60 mins - that shows the S or R levels are fairly strong

 

[liver1234]

Thanks

 

[Forexmospherian]

Do you think Ea will bounce at this level f

My last scalp buy on EA was from 9 05 am with a LR quick cross - check 1 min chart

from 5547 / 8 area

We need to see 5585 to stay with buys though now

 

[Forexmospherian]

EA

9 13 am

For now under 5583/5 its bearish

There are supports from 5530 to 5550 - so would need to breach under there for more sells

What might happen is we form a new range from say 5530+ to 5585 - approx 50+ pips of 2 way moves

 

[Shacau]

My last scalp buy on EA was from 9 05 am with a LR quick cross - check 1 min chart

from 5547 / 8 area

We need to see 5585 to stay with buys though now

managed to get +7.6 pips from that last scalp buy : )

 

[Forexmospherian]

AU

9 18 am

7300 to 7312 is a R area

If it cannot breach above - then will be a scalp sell

If this then happens - more than likely - EA will try another bounce up - or scalp buy in next TW

 

[Forexmospherian]

managed to get +7.6 pips from that last scalp buy : )

WD - it was in a TW but not a KT and it was quick