A Master Class in FX Intraday Trading by F & Co

[Forexmospherian]

Missed 2 40 pm scalp sell on EA from high - not much happening - but a lot of it might be false

EA

3 04 pm

Post above was at 2 49 pm

In last 14 mins - EA dropped a further 15 pips - got 9 pips

 

[NVP]

usd definitely on a bull run now ............looks like the Euro is taking the main flak..........Awful day for the Euro today so far

N

 

[Forexmospherian]

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

Not really too nice a US session so far

Lets hope next hr is better

 

[Forexmospherian]

EA

3 04 pm

Post above was at 2 49 pm

In last 14 mins - EA dropped a further 15 pips - got 9 pips

EA

3 19 PM

Now down 43 pips from its sell at 2 40 pm

Looking to scalp buy as 75 to 80 is a support area next

 

[Forexmospherian]

EA - More scalps

EA

3 19 PM

Now down 43 pips from its sell at 2 40 pm

Looking to scalp buy as 75 to 80 is a support area next

3 20 / 21 pm

We did not make under 80

Chart shows entry reasons for scalp buy

5600 is the first real barrier for now but still trying up at 3 30 pm

 

[Forexmospherian]

With the dollar having strength - the GJ scalp buys turn out far better than the GU scalp buys

This last one as gone up 15 pips in 8 mins - my spread on GJ atm 1 7 pips - which i am pleased with

 

[Forexmospherian]

usd definitely on a bull run now ............looks like the Euro is taking the main flak..........Awful day for the Euro today so far

N

EU

3 46 pm

Near 1310 again now - around the low of day earlier on

Need under 1300 and 1295 to test next supports around 1280 -85

Off out in 5 mins and back nearer 5 00 pm

See you later guys

 

[NickBk]

Ok today,
28 trades 1 loser 27 winners
25 EA 3 EU
Happy days!

 

[liver1234]

Nice one Nk still new to this system.

 

[NickBk]

Nice one Nk still new to this system.

Thanks,
One or two nice moves too in that.

 

[Forexmospherian]

Ok today,
28 trades 1 loser 27 winners
25 EA 3 EU
Happy days!

A nice steady slow Monday's FX Trading then Nick

You cannot really fault that win ratio neither - and I should imagine all of fairly tight stops.

Great Trading

Keep it up

Regards


F

 

[Forexmospherian]

3 KT's on the GU Today

8 30 am - scalp buy

12 00 / 01 - scalp sell

4 51 pm - scalp buy

3 KT's that would on there own helped you make over 80+ pips

Also at 8 30 am - Price was above the LiTs area - posted pre 7 00 am

Here's the days chart

 

[showtyne]

Thankyou F, I'll have a good look over this tonight.

Hi Showtyne

Check out comment 1715 onwards - I was asked to explain how to calculate the LiTs area and did it over the next day from then - so need to read from that comment and next few pages etc

Hope that helps

Good Trading


Regards


F

 

[NVP]

Ok today,
28 trades 1 loser 27 winners
25 EA 3 EU
Happy days!

Jees N.......that's some real badass trading

Respect
N

 

[NVP]

With the dollar having strength - the GJ scalp buys turn out far better than the GU scalp buys

This last one as gone up 15 pips in 8 mins - my spread on GJ atm 1 7 pips - which i am pleased with

1.7 spread on that pair is awesome F

N

 

[NVP]

Jees I gotta find me some time to trade this week.......I'm missing all the fun

N

 

[NickBk]

Jees N.......that's some real badass trading

Respect
N

Cheers NVP,
Actually took one more after for 12 pips.
What was good for me is that as I said before I am increasing after a few winners so got up to a good size and the loser was after 20 something!

 

[Forexmospherian]

Tuesday 20th October 2015 - Pre Opens

Good Morning Guys

At least we have some red news releases today so we should get some better movements on UK Pound pairs and then at 1 30pm the US Dollar red news might get the EU and dollar crosses moving.

Overnight we had Aussie Dollar news move the AU up and EA down - whether that will continue - need to check out the LiTS areas in a bit more detail next

For Today I should be around over both Opens and then take a break after about 9 15 am time

Please feel free to comment - either with calls and charts etc or with suggestions and any questions etc etc

For any non followers - still not convinced - I will post the time window template and suggest you start with just a simple 1 min frame chart with ideally just 3 or 4 LRs on - not the full monty as that might be confusing until you understand their relationships.

Not every new scalp with start exactly at a Key Time - but at least 85% of the ones I take will be in the time windows - along with LR crosses etc - a great example being after 6 00 am and the EJ scalp sell

Have a great day

Regards


F

 

[Forexmospherian]

LiTs Area for Tuesday's AM onwards

6 46 AM


EU - 1300 - 1335

GU - 5455 - 5480

UJ - 119 20 - 119 55

UChf - 9540 - 9575

UCad - 2995 - 3025

AU - 7240 - 7262

EA - 5640 - 5590

EJ - 135 15 - 135 42

 

[Forexmospherian]

EJ

6 48 am

After 6 00 am was the scalp sell for 8 pips

6 21 am and 6 39 am both scalp buys - 7 pips and 5 pips

An now the Time rules might play a part from 6 20 am