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