A Master Class in FX Intraday Trading by F & Co

[NVP]

http://www.trade2win.com/boards/for...-basic-ideas-strategies-1703.html#post2647874

tricky usd so far in early London.........I want bull action but its not obliging....

yet

N

 

[Forexmospherian]

Morning All

Good Morning FXW

6 30 and 6 39 am have been good on the EA and the GA

Hope all is going OK and have a good day

Regards


F

 

[Forexmospherian]

6 58 am

Normal warning about spikes on both Opens at 7 and 8 am - but also be ready for new scalp opportunities

Last 30 mins been very active on many pairs

I focused on the EA and GA - just because they are big movers - compared to GU and EU and even the EJ

Any scalps over 15 pips are always good especially if covered in under 15 -20 mins

The EA and GA both made over 30 + pips - compared to just a 10 pip rise movement on the EU

 

[NVP]

usd is not really bouncing much north...........London session deff on bear alert for me ........nearly time up as well unfortunately .........

N

 

[Forexmospherian]

7 06 am

From after 6 30 am to 6 52 / 53 am we had the moves up - then we had the retraces

GA as been a full 30+ retrace where as other pairs anything from 7 to 20 pips

For now EJ looks as though its wants a bull direction and that pair as just tested its last high again

 

[NVP]

Good Morning FXW

6 30 and 6 39 am have been good on the EA and the GA

Hope all is going OK and have a good day

Regards


F

since London opening (for me say 6am).........

Euro.......big bull bounce
CAD........2 waves of buying
GBP ....nice solid bull moves

AUD...Big bull and bear swing so far


USD and Yen .......net sells so far ....

I have been trying to play that usd support level into usd buys

instead some easy pickings buying that bull group off of a flattish USD so far

good trading gang
N

 

[Forexmospherian]

usd is not really bouncing much north...........London session deff on bear alert for me ........nearly time up as well unfortunately .........

N

Morning N

For me its been the EA / GA / EJ that have had my scalp preferences

Euro seem bullish for now

Have a good day


Regards


F

 

[NVP]

agreed blue Euro and brown CAd the buys ...........green usd is in classic bounce position from strong Asians .........................disappointing so far

http://www.trade2win.com/boards/for...-basic-ideas-strategies-1703.html#post2647898

 

[Forexmospherian]

7 12 AM

I will post some charts next - daily target done and dusted now anyway

EA and GA give the real movements - but the EJ and EU have been more directional with their moves

Just on those 4 pairs on 6 scalps - a possible 150 + pips -- no dont worry have not got that many yet -
but on the way to 80 atm

 

[NVP]

attacked gu sells .............last gasps before I log off for work

 

[NVP]

attacked gu sells .............last gasps before I log off for work

hoping usd would rally into the weakening GBP .........hmmmmm

 

[Forexmospherian]

GA & EA - Busy 45 mins plus

GA

7 24 am

showing the GA chart - EA was similar this morning - lot of activity after 6 30 with 30+ pip moves up and then retraces starting just before the EO

Easy for scalping - spread was not that good - averaging 2 pips - but when you get 20 to 30+ moves both ways - then its no problem

 

[NVP]

5294 the low now GU.......that's a nice bonus ball

 

[NVP]

this is warming up now into a scorching session

beware though some of the currencies are charging around like jumping beans

later
N

 

[NVP]

hoping usd would rally into the weakening GBP .........hmmmmm

gu my last trade for today so running her down still

nice

later all
N

 

[Forexmospherian]

7 28 AM

GA

Sorry had not featured in the LiTS this morning - started on it yesterday because of the Pound news - Glad i stayed with it today - great mover so far

 

[Forexmospherian]

this is warming up now into a scorching session

beware though some of the currencies are charging around like jumping beans

later
N

GA - in last hr N - did 30+ pips up and then since just before 7 am its now dropped over 60 pips

That's what you want ideally

EA as not been so active - although still a good mover

 

[NVP]

GA - in last hr N - did 30+ pips up and then since just before 7 am its now dropped over 60 pips

That's what you want ideally

EA as not been so active - although still a good mover

rocking session.............and I got some usd bull finally although hopes of further action may be somewhat optimistic

cheer all
N

 

[Forexmospherian]

gu my last trade for today so running her down still

nice

later all
N

WD

GU was a nice move up to 7 am ish then a 24+ pip fall after that with the 10 pip bounce on the half hr change

Missed all of it - but GA made up for that

 

[Forexmospherian]

7 43 am

EU

Celebration - EU now up 20 pips from 6 30 am - ie approx 70 mins to make a 20 pip rise

That's why we cannot just depend on the EU movements to make our bread and butter - you always need 1 or more FX "beasts" in your trading pairs - but only trade them when you know know your set up works well - otherwise they will just keep catching you out