A Master Class in FX Intraday Trading by F & Co

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GU comment from nearly 2 hrs ago

We tested 78 before turned and over 82 it was a scalp buy again

So now range - above 78/80 scalp bullish - under 5495 still a scalp sell

Something will have to go - bias favours higher but its a case of how strong is the R area ???

GU

2 17 pm

We have had a LH from 97 at 90 and now under 85 on bounces - the GU is a scalp sell

Next supports 60 -65
 
it was long
 

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2 21 pm onwards changed bias

the scalp buy took price back over 85 and back up to 90

Now we need to stay above 82 for more scalp buys

GU is just teasing us - some banksters having fun by playing with orders and teasing price up and down

It might be a case we have to wait for either over 5500 or under 5468 - in between could end up as a BTTZ
 
Today - like we see fun and games at the 2 Opens for Europe and London - we have just had the same for the US stock market Open
 
UCad

2 40 pm

Not traded it at all today but after 2 32 pm a scalp buy and a new high again

the move was strong - over 20 pips in under 10 mins
 
With UCad up and AU down - the EA as also risen again with another new high - up over 120+ pips from Midday scalp buy
 
I reckon we could see changes again after 3 00 pm

AU less than 10 pips away from good supports again - so will we see UCad and EA hitting R's next as well ?
 
hey all ......one quick look in ........

I see the us session is up and running..........USD has been pretty flat today so far ........if anything now we are seeing some bull signals .......but still only 10-15 pips up since opening Asian session..........peanuts

CAD and AUD are having poor us sessions.......

so for me I would be concentrating on those pairs looking to work some AU selling and some Ucad buying

GBP has held its bull status so far in US openings........strong all 3 sessions so far

later all

N
 
EU - Update for 3 00 pm

EU

1 Min LR Chart - update

S & R interim levels marked as well as being in a flag

We would really need above 1360 and 70 to think its turning and worth holding scalp buys on longer from above 1320

Under 1310 and 1300 - next supports at 80 -85 and under there 1250 and 60

Only scalping really in the Flag and range

203068d1445257667-master-class-fx-intraday-trading-f-co-eu-191015-pm.png

Latest chart with breach


203078d1445263225-master-class-fx-intraday-trading-f-co-eu-191015-pm2.png
 

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