A Master Class in FX Intraday Trading by F & Co

[Forexmospherian]

Red US Dollar news in approx 15 mins

Will be watching EU / Uchf / UCad and seeing if it worth scalping any

 

[Forexmospherian]

For news i have dollar not strong - but of course this can all change after 1 30 pm

EU is still bullish and UCad / Uchf bearish - if the dollar strength tap is turned on - different directions and new scalps then

 

[Forexmospherian]

EU

Typical after a high - 1 20 /21 pm was the scalp sell

News in 7 mins so scalp only unless you plan to leave part stake sells on - ??

 

[Forexmospherian]

1 30 news on US Dollar

Dollar weak still for now

 

[Forexmospherian]

Please Dave - tell me you came out EU sell ??

Even better tell me you got a buy on it ?

If not - no probs - i am sure you have still done OK this morning

 

[Forexmospherian]

EU

No 0900 + so a pullback now

For me above 0870 /75 still got as bullish atm

Trick manipulation can do anything though lol

 

[Forexmospherian]

No clue off other dollar pairs - they are not in sync - so manipulation going on across the board here

 

[Forexmospherian]

I can only follow what I see and now under 0890 EU is a sell - but 0865 to 75 is all interim support

 

[Forexmospherian]

I can only follow what I see and now under 0890 EU is a sell - but 0865 to 75 is all interim support

EU

1 56 pm

0870 held and back up at 0890 now

Trouble is now - a BTTZ area between 0900 and 0860

40 pips for market to take our money

over 0903 should be OK and under 0860 - but in between - scalp only - and then be careful

 

[davetherave65]

Please Dave - tell me you came out EU sell ??

Even better tell me you got a buy on it ?

If not - no probs - i am sure you have still done OK this morning

Hi F
I got st out of EU but sold EA and 23+ up


Will probably re sell Euro if opportunity arises at these levels

Dave.

 

[Forexmospherian]

EA

2 00 PM

Thats been OK after 1 30 pm

Just a sell with best bit after 1 51 / 53 pm

so far dropped over 40 pips - not got them all and now out o 70% stakes for hr change

 

[Forexmospherian]

Hi F
I got st out of EU but sold EA and 23+ up


Will probably re sell Euro if opportunity arises at these levels

Dave.

Excellent - that was good then

 

[Forexmospherian]

EU

I can really only sell more under 65 and 57

Otherwise remember its a BTTZ area

 

[davetherave65]

Hi F
I got st out of EU but sold EA and 23+ up


Will probably re sell Euro if opportunity arises at these levels

Dave.

SL for EA now in profit @ 5207

Will trail down or close when deem reversing

Dave.

 

[Forexmospherian]

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

GU

We tested 5300 - but never went over it

Under 5300 and 5270 and 63 and then 60 - all sells

Now for 2 08 pm low at 5230 - another support area

GU been very nice

Pity did not trade pound crosses as well - but only got 1 brain and 2 hands and 2 eyes and really to clean up we need 5 pairs of eyes etc etc lol - or a super computer automated system - maybe when I have got a few million I can invest in one lol

 

[Forexmospherian]

SL for EA now in profit @ 5207

Will trail down or close when deem reversing

Dave.

If 5185 and 75 go you are in the money

yes stop at nice price as it might tease again to 5205 ish

Over 5207 is testing a retrace


GL

 

[Forexmospherian]

EU

2 20 PM

Its BTTZ area is doing a good job of fooling all and going nowhere - except for scalpers

Same prices we need - either over 0900 /03 - or under 65 and 58 or so

 

[Forexmospherian]

GU - Chart of the Day

GU

1 Min LR Chart after 12 00 pm news on interest rates etc etc

Nice fall

Was not in it from start - its dropped over 160 pips and If any trader got over 120 pips off it - extremely well done

If you only got 30 or 50 pips off it - then check out your chart and understand the LR set up more - as it can assist to keep you in rallies

 

[davetherave65]

Closed EA short for +17

Hi F and all
Closed as breached 5200

Dave.

 

[NickBk]

GU 14.21 anyone, well nearly everyone.

Ignore me if you don't like making pips.