A Master Class in FX Intraday Trading by F & Co

[Forexmospherian]

8 58 AM

EA

5510 now

when do we scalp sell for a pullback ??

If we do after hr chnage when all lines up - remember above 5487/90 - its still then bullish again for more scalp buys

EU

PS - if it drops under 87 and 84 then next support areas for scalp buys from 5470 / 75

GL

 

[Forexmospherian]

10 35 am

Popped back to have a look

Its been boring - except maybe Pound crosses

After 9 30 am the GU and GA were scalp buys worth taking

Other than that - just a slow down in ranges

Will pop in before Midday again - but will be around for 12 30 pm news on US and Cad dollars

Regards

F

 

[Forexmospherian]

11 17 am

EA

Looks as though we had nice action at 11 03 am and then exactly 10 mins later at 10 13 am ( outside my TW ) on a pullback

Now 14 mins later you could be 45 pips up - 25+ on the scalp buy and 20+ pips on the sell

 

[Forexmospherian]

EA - 11 00 am ish - 2 great scalps

11 17 am

EA

Looks as though we had nice action at 11 03 am and then exactly 10 mins later at 10 13 am ( outside my TW ) on a pullback

Now 14 mins later you could be 45 pips up - 25+ on the scalp buy and 20+ pips on the sell

This is how I saw it - the new high was false as well for now

 

[Forexmospherian]

11 38 AM

11 03 - 11 13 and 11 33 am - all the 3 's seem popular this hr

Check out EU as well as EA - was in sync on first 2 now scalp buy from 11 33am

 

[Forexmospherian]

Back after 12 20 pm next for 12 30 pm red news releases

 

[Forexmospherian]

11 38 AM

11 03 - 11 13 and 11 33 am - all the 3 's seem popular this hr

Check out EU as well as EA - was in sync on first 2 now scalp buy from 11 33am

12 25 pm

5 mins to news

EA scalp buy still OK from 11 33 am

EU one fizzled out after 12 pips

 

[Forexmospherian]

UCad for news


In a 50 pip range - need over 3175 and 80 for scalp buying

Under 25 and 20 for scalp selling

 

[Forexmospherian]

EU needs over 1025 and 30 to stay with scalp buys or to take more

12 30 pm US news

and dollar bearish atm and EU rising

 

[Forexmospherian]

Ucad dropped with dollar weakness but only 20 pips or so atm

 

[Forexmospherian]

Price structure on EU for this hour is still scalp bullish above 0990

We spiked to approx 1035 and now seeing pullbacks

First clue is staying above 1005 to buy again

Then if that did not hold and we dropped under 0990 - forget any more buys atm and start scalp selling on bounces staying under 1017 / 20

 

[Forexmospherian]

Ucad dropped with dollar weakness but only 20 pips or so atm

UCad

no new low or under 3125 - and now reversed back up 40 + pips to make a new high for day so far

Normal news trickery going on - the banksters and the bar stewards etc lol

 

[Forexmospherian]

UCad for news


In a 50 pip range - need over 3175 and 80 for scalp buying

Under 25 and 20 for scalp selling

Ucad comment pre news
#

The drop did not go under 3125 or 20

After the reverse then above 3175 and 80 it was scalp buys

Price now 9 mins later from news at 3191

75 is cut off on holding buys

 

[Forexmospherian]

12 25 pm

5 mins to news

EA scalp buy still OK from 11 33 am

EU one fizzled out after 12 pips

EA

12 44 pm

Now up approx 40 pips from 11 33 pm on scalp buy - but took 70% off pre news and left 30% on with stop in profit

will move stop up to 5509 now and then just see if we try higher

 

[Forexmospherian]

EA

Exited my 30% partial stake at 5530 after a 36 high - that was a scalp sell price and 12 51 pm KT - so no buy partials now left on it

 

[Forexmospherian]

Would be nice if I could scalp buy again above 5500 if I am about

With no news at 1 30 pm - going to take a break and back later on for US session

 

[Forexmospherian]

Price structure on EU for this hour is still scalp bullish above 0990

We spiked to approx 1035 and now seeing pullbacks

First clue is staying above 1005 to buy again

Then if that did not hold and we dropped under 0990 - forget any more buys atm and start scalp selling on bounces staying under 1017 / 20

EU

2 05 pm

Comment from 90 mins ago

We stayed above 0990 and 1000 - but not quite 1005

Any time after 1 00 pm was scalp buys again and now we are just testing 1050 - 60 R area

Might be able to catch a scalp sell in this TW ?

Need Lrs etc to line up on quick cross over

 

[Forexmospherian]

EU

1058 first signs of scalp sell at 2 08 pm

Pullbacks staying above 37 / 40 would be scalp buys again then

Over 1063 and 67 more new scalp buys

 

[Forexmospherian]

EU

1058 first signs of scalp sell at 2 08 pm

Pullbacks staying above 37 / 40 would be scalp buys again then

Over 1063 and 67 more new scalp buys

The quick scalp sell was not worth it

It dropped 5 pips - but could not get under 52

so exited with a measly 2 pip and scalp bought at 55 to see if we tried 60+

Remember above 63 and 67 I planned to scalp buy again

So far made 1072

 

[Forexmospherian]

EA

2 18 pm

Missed out big time - and my own fault

I took 2 partials off by 5530 - thinking I could buy lower again - ideally around 5500

Its just did not drop or pull back that far and when I came back for 2 pm was already at 5560 - and since then as made 5577 - so missed out on another 40+ pips - shame - but my fault and that's trading