A Master Class in FX Intraday Trading by F & Co

[Forexmospherian]

GU

10 18 am

Was a scalp buy after 10 00 am from 5476/77 area

Now at 85/86 and needs over 5492 to stay with buys

Under 5469 and 60 - i would be scalp selling

 

[Forexmospherian]

AU

10 22 am

Just about bullish above 7255 / 60

Its been up to 7295 this morning so far but last 90 mins been a scalp sell down to 7268

Remember what ever happens to AU - normally means the reverse on the EA and UCad - as correlated oppositely - but its the EA which is the ideal one to trade - as a larger mover

 

[Forexmospherian]

UJ

10 26 am

Interesting pair from 7 00 EO

33 + pip move up - then after LO and 8 09 am a 30 pip fall

Need really under 119 33 to enter or hold more scalp sells - above 40-45 - you expect more tries up again atm as thats a support area from say 35 to 43

Ok - back again nearer Lunchtime

Good Trading


Regards


F

 

[NickBk]

Busy morning guys, EA super as always.
Hope you are all cleaning up.
Even had a GJ today too, 2 in fact 1 win 1 lose and that was my only loss from 16 trades.
Cheers

 

[MajorMagnuM]

Busy morning guys, EA super as always.
Hope you are all cleaning up.
Even had a GJ today too, 2 in fact 1 win 1 lose and that was my only loss from 16 trades.
Cheers

yes ive been on gj too

 

[NVP]

hey all

tied up today again and missing the fun

look at today !...............BOOM !

usd breaches the days low and dumps around 7.30 BST and red GBP , Brown CAD and later Blue Euro all get bull on it

superb signals and muchos pips !

N

heres the recent action all in GMT

I would have been looking to resell the USD..........looks like the Europeans were decent buys so far ..........

naturally I would also be VERY aware of that usd support level (why did I write it as resistance in chart ????) ........that's the days low as well for usd so far

and its being attacked again NOW

N

 

[NVP]

as I scoot I have to say the usd looks like a possible bounce north............I think the euro is most under pressure for potential EU selloffs

later
N

 

[NVP]

as I scoot I have to say the usd looks like a possible bounce north............I think the euro is most under pressure for potential EU selloffs

later
N

time will tell but I see usd really struggling to fall now and plenty of upside possible.............euro has had best run today and may take stick now....

eu at 1360 as I leave you ..theres a 8 pip range forming 60-68 for scalpers

N

 

[Forexmospherian]

EU

10 17 am

So far high at 1365

Bullish above 1330 and 40 for me

Would need under 1320 / 17 and 1300 to be scalp selling off for lower

We might end up with a BTTZ range of 1340 to 70 next - if so then be careful

EU

11 48 pm

So far made 1386 and still scalp bullish on pullbacks staying above 1370

Will post a chart in a bit

 

[Forexmospherian]

EJ

8 43 AM

Needs to stay above 63 on pullbacks to look at more buys and another attempt over 135 85 +

EJ

11 52 am

2 hrs later from comment above

Ok got caught here on a partial at 60 - it did not stay above 63

however - added again and now its up at 136 20 area - so 60 pips up from my partial that got stopped out by 1 pip

Pullbacks staying above 135 90 are still bullish for me and I would then look for more buys again

 

[Forexmospherian]

EU - From Opens up to Midday

time will tell but I see usd really struggling to fall now and plenty of upside possible.............euro has had best run today and may take stick now....

eu at 1360 as I leave you ..theres a 8 pip range forming 60-68 for scalpers

N

Hi N

I had the EU bullish above my LiTS area and above 1330 and 40 this morning

Here's my chart set up

 

[Forexmospherian]

]EJ

7 54 am

Noticed again another low thats held over 30 mins now[/B]

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

EJ

12 24 PM

Over 4 hrs later and not quite made 100 pips off first partial off EJ

Chart shows how bullish its been

 

[liver1234]

Good move on EJ

 

[Forexmospherian]

Good move on EJ

It certainly was - and all possible from a 5 pip stop - allowing you to get a great risk to reward ratio/ return

Back now for 1 30 pm US Dollar news ( hopefully ) might not be back to 1 40 pm - but then around for a couple of hrs trading in early US session

 

[liver1234]

Ok mate

 

[Forexmospherian]

Was not back for 1 30 pm red news - but did not miss much by the look of things

No big movements from it so far

Will look for next scalp in the 2 00 pm time window from after 1 50 pm to approx 2 09 pm

 

[Forexmospherian]

EU

1 45PM

Price as fell from a 1386 high down to 1359 now

1340 to 60 is all interim supports - so will be looking for a scalp buy next - when all lines up correctly

 

[Forexmospherian]

Scalping the GU from after Midday

GU

2 06 pm

This chart shows some scalps in time windows along with 2 quick LR cross overs

The last scalp buy is interesting - as up to then the Bias from after Midday was bearish

We need to go back over 5487 / 90 to go bullish
and the low as held over 30 + mins now

 

[Forexmospherian]

GU

2 23 pm

The last scalp sell after a 5485 high came outside a TW as 2 14 /15 pm

It was not an ideal time - but PA and the LR crosse gave it at least a 65% success rate as it could not get over the Red R area marked on the chart

So far price as dropped 8 pips from the scalp sell sign - but being outside the TW and also with a build up of supports - both static and new dynamic ones - means we need to see under 5470 and 63 to stay with scalp sells - otherwise - we get another turn and maybe then a BTTZ tease zone between 65 and 85 - a 20 pip range

 

[Forexmospherian]

EA

2 30 PM

Looks as though the 1 51/ 2 00 pm scalp buy was a better one than the GU

So far up 27 pips - need over 5625 and 28 to stay with buys for now