A Master Class in FX Intraday Trading by F & Co

[Forexmospherian]

Ucad

11 46 pm

So far high at 3436 and a scalp sell after 11 32 am

Ucad

1 05 pm

Its dropped approx 90+ pips from its scalp sell under 3436

Its another sell if bounces stay under 3410/15

 

[Forexmospherian]

UCad - A nice Pair to trade today

Ucad

11 46 pm

So far high at 3436 and a scalp sell after 11 32 am

UCad

1 38 pm

It move up approx 40 pips after the Opens

then after 11 32 am - a simple scalp sell at an Interim R area - dropped approx 90 pips

130 pips to get your teeth into on 2 intraday trades

If you just caught the buy - anything over 15 to 20 pips would i say be OK

If you just caught the sell - then anything from 25 to 60 pips would be OK and over 60 pips excellent

If you caught both the buy and sell - really you should have easily got my norma daily target of 50 pips off 2 main scalps

We never really know that in advance - but as long as movements stay the right side of our entries and move over 10 pips - then we should always try and leave some partial stake on - with a stop ideally in 2 or 3 pips of profit for a start and then move it move in line with new S & R's to try and always gain over 50% of any move

Chart as of now

 

[Forexmospherian]

GU


10 45 AM

It never made over 67/68 - so the sell off was OK and it dropped again under 50 - another of my scalp sell prices mentioned

BUT

Still not gone under that 40/41 low

That is a crafty manipulated set up - without doubt - many might say it the all down to the bulls and bears - but that's all cr@p - Its down to banksters and bar stewards playing and controlling price - after all these fines they keep getting - it still carries on - quite openly

I cannot really sell the GU now until its under 5135 and 27.

it should drop - but it could all be a bear trap and false sentiment etc etc

GL

Back after Midday


F

GU

3 15PM

Yes - it was a bear trap

Low was about 23/4 and then it turned and after Midday it was back to buys

3 hrs later - so far its made up over 60 pips higher

Price structure - I thought was easy and defined

Price action though - no - not that nice really

Still easy with partials with stops in profit

 

[Forexmospherian]

Ucad

1 05 pm

Its dropped approx 90+ pips from its scalp sell under 3436

Its another sell if bounces stay under 3410/15

UCad

3 35 pm

It never made back over 3400 and it was a case of finding a good scalp sell price / time to sell

Still not made a LL but dropped down approx 45 pips from it's retrace high

I need under 3330 and 26 to sell more - otherwise if we get a HL then need to look for scalp buys again

GL

 

[NVP]

hey all

sorry completely snowed under today - heres what I saw

http://www.trade2win.com/boards/for...-basic-ideas-strategies-1710.html#post2660340

 

[Oscar Reed]

Always find Monday hard when I can be bothered to trade it.
Got a little flow into the close.
And now have something to work with on Tuesday.

 

[Forexmospherian]

Tuesday 24th November 2015 - Pre Opens

Good Morning to all Intraday FX Traders

Could be a busy hour between 9 00 and 10 00 am UK time - 3 lots of red news announcements - all connected with different FX pairs and crosses.

A slow start so far but with all that news to come later - maybe that's one of the reasons

Normal stuff - and be aware of spikes etc exactly on the Open hr changes at 7 00 am and 8 00 am

I will be around later on this morning and this afternnoon - and please feel free to comments with your calls and charts and questions etc

I thought yesterday for a Monday - was a good day - not so much the boring EU - but some very nice moves on the UCad and many other pairs

Have a good day - stay focused - watch the clock and remember time rules on new interim H and L levels

Regards


F

 

[NVP]

heres my London calls

http://www.trade2win.com/boards/for...-basic-ideas-strategies-1711.html#post2660512

currently scalping usd sells into a range of bull players..CAD , AUD and more recently GBP

N

 

[NVP]

heres my London calls

http://www.trade2win.com/boards/for...-basic-ideas-strategies-1711.html#post2660512

currently scalping usd sells into a range of bull players..CAD , AUD and more recently GBP

N

plenty of options on USD sells .........but watch for the support level on USD from Asian lows ..............it could bite us back soon :smart:

 

[NVP]

Always find Monday hard when I can be bothered to trade it.
Got a little flow into the close.
And now have something to work with on Tuesday.

nice solid Trading O .........Mondays can be a real SOB

 

[NVP]

plenty of options on USD sells .........but watch for the support level on USD from Asian lows ..............it could bite us back soon :smart:

ready ?

 

[NVP]

yen is leading usd down at moment so I am happier to stick bear usd

Euro looks set for a resell though is I like usd buy .....

 

[NVP]

look at the correlation change on Euro .........its gone Bull against usd selling

and AUD switches to correlating with USD

N

 

[NVP]

low volatility on Asian session so London could be a classic......see you guys soon

nice pips this morning for me

N

http://www.trade2win.com/boards/for...-basic-ideas-strategies-1711.html#post2660538

 

[sun11]

Morning everybody,
Too bad i am buying AUDUSD. I will get stopped out then.
I thought AU will reach around 7122 or higher.

 

[Forexmospherian]

GU - From 6 28 am onwards PA & PS Bullish so far

7 19 am

GU

Nice example of above its Morning LITs and a bullish traffic light sequence on the scalp LR's and then carrying on with the mid to longer LR settings resulting with me having confidence to scalp buy after 6 30 and after 6 50 / 51 am resulting on a 20 + pip so far move higher

 

[Forexmospherian]

7 26 am

EU

The rise in price on the EU after 7 02 / 3 am UK time and from 0624/5 area is a different set up to the GU - as at that price - it was still below its LiTs area = so against the flow - but the Open was met with euro buying along with dollar selling - whether that lasts for the 30 or 60 mins is a different question

 

[NVP]

hey gang .heading out .........not sure what USD is doing next but i'm done ........nice sell usd session on early London ...... session

cheers all .............

N

 

[Forexmospherian]

Morning everybody,
Too bad i am buying AUDUSD. I will get stopped out then.
I thought AU will reach around 7122 or higher.

Morning Sun - and NVP

Sorry only just seen your comments when I came back to update screen

Have a good day both of you

Sun - AU still in bullish mode for now GL

See you after 9 00 am sometime


Regards


F

 

[sun11]

AU is being pathetic to me..made loss. How far do you think it might rise?