A Master Class in FX Intraday Trading by F & Co

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GU#

12 03 PM

It touched 5390 but did not make over it

Price now at 5310 after 08 low

If you got in under 80 or 70 - well done - I reckon slippage could have been at least 10 tom 20+ pips

Still a sell on bounces under 5339 /42
 
EA

12 09 AM

After Pound news - at 12 03 / 4 pm EA gave up on it buy - been going nearly 1 hr

LR cross over for sell and since then 19 pips - no slippage on that sell though
 
Forexmospherian said:
GU#

12 03 PM

It touched 5390 but did not make over it

Price now at 5310 after 08 low

If you got in under 80 or 70 - well done - I reckon slippage could have been at least 10 tom 20+ pips

Still a sell on bounces under 5339 /42
Click to expand...


GU

12 13 PM


13 Mins and down at 5277

Take some profit if you got in after 3 mins or at 5320 area
 
GU

Had a LR cross over at 12 21/22 pm for a scalp buy

Trouble is now under 5300 is still a sell - so any bounce need above there to hold any scalp buys on longer

Need under 5268 and 64 to take more scalp sells- if we stay above 69/70 no problem
 
Forexmospherian said:
EA

12 09 AM

After Pound news - at 12 03 / 4 pm EA gave up on it buy - been going nearly 1 hr

LR cross over for sell and since then 19 pips - no slippage on that sell though
Click to expand...

EA

12 42 PM

Since scalp sell after 12 03/4 pm price dropped so far approx 40 pips

Its does not matter whether you got 10 pips - 19 pips or the full 40+ - but i hope you got some (y)
 
Forexmospherian said:
GU

Had a LR cross over at 12 21/22 pm for a scalp buy

Trouble is now under 5300 is still a sell - so any bounce need above there to hold any scalp buys on longer

Need under 5268 and 64 to take more scalp sells- if we stay above 69/70 no problem
Click to expand...

EU

12 46 pm

No under entry or 69/ 70 and so far bounce and scalp buy making 5292 high

We need really over 5300 - as really under 5300 still a sell - and above 5270 a buy

30 pip to play in for NVP and his scalping ;-)
 
davetherave65 said:
Hi all
Well I right royally mucked that pair of trades up ! (n)

Got 5 pips when should have got at least 20+

Concentrate MAN !

Dave.
Click to expand...


Easy to do if you are simultaneously scalping 2 or more pairs

I never like to lose more than 50+ % of my gain

So if then 2 had been up say 25 pips - i would have wanted stops or a safety net to walk away with at least 13 pips

On partials it different but not on 100% scalp stakes

No problem though - all part of the learning journey

GL
 
Have you been checking the EJ since LO at 8 00 am ??

its made up approx 80 pips and still bullish over 132 45 area
 
GU

1 05 PM

Still not made over 5300 - but touched it then fell again and near low at 5270 atm

Personally dont like it like this as a false set up is now possible

Under 5300 is a sell but 5250 to 70 is all support areas

I had wanted to scalp sell under 68 and 64 - but dont know now ???

Need to watch time and PA along with knowing more news in 20+ mins
 
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