A Master Class in FX Intraday Trading by F & Co

Status
Not open for further replies.
EU

6 58 am

First be careful in case of spikes on Opens

Next - EU - maybe 6 39 am was the better scalp buy time

We need to see today price make over 1340 and 50 to look at buying more - and then we have R's at both the 1360 and 1380 area

To sell off - first clues would be under 1320 / 17 supports and then lower than yesterdays 1305/ 10 area

Under 1300 supports at 1280 and 1260 /70 as well
 
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

EJ

7 05 am

Could be the odd one out here - as breaching low outside time rules - with 6 57 am being the sell off


For now bounces staying under 40 are sells again
 
Just getting use to the levels and time window. Had a few trades on Ea yesterday. So you buy in the time window how do you get your exit. Target a number of pips.
 
GU

7 29 am

Not scalped it so far - but again 6 57/ 8 am time was a scalp sell time but fall so far less than 8 pips

5465 - 70 is all supports - lets see if they work next
 
Just getting use to the levels and time window. Had a few trades on Ea yesterday. So you buy in the time window how do you get your exit. Target a number of pips.

If you have a scalp buy - due to hitting say an interm support area and seeing a turn with the 2 quick LRs - you then look to exit ideally above 5+ pips - but only when you get an opposite cross with 2 or more LRs then going over price

If you pick a really good scalp entry point - ie all the main clues line up - scalps can go from 7 -25 pips all withing 15 mins - and you would stay with the scalps whilst the LRs are below prices on buys and opposite - over prices on sells

Hope this part assists Liver - but the main thing if you go into profit and are up say 4 or 8 pips - dont let a profit turn and go to a loss

GL


Regards


F
 
UChf

7 42 am

On my 1 min chart - last 12 hrs or so look like someones heart monitor

Its in a small range with ups and downs and basically flat

PA is not nice and we need either above 9570 or below 9545 to really move out this boring flat range
 
UCad

7 49am

Like the GU another pair I have not scalped this morning

Shame after 7 00 am its been a nice sell dropping approx 25 pips

Bounces staying under 3030/32 are sells again for now
 
EJ

7 54 am

Noticed again another low thats held over 30 mins now

Movements are slow and with LO in 6 mins might be worth waiting to after 8 00 am to look more at scalp buys above 135 28/29
 
EJ

7 54 am

Noticed again another low thats held over 30 mins now

Movements are slow and with LO in 6 mins might be worth waiting to after 8 00 am to look more at scalp buys above 135 28/29

8 02 am

EJ - better scalp buy than EA for now

Moved up approx 20 + pips

My live call of the morning - and prior to the move

(y)
 
Status
Not open for further replies.
Top