A Master Class in FX Intraday Trading by F & Co

[Forexmospherian]

EU - AT 0630 - my price I wanted to sell under - but atm cannot scalp sell just yet

 

[Forexmospherian]

EA at 4527 - another R area to look at selling from -

 

[Forexmospherian]

EU

8 08 AM

Difficult one - stalling at 31/32 - still bullish above 22 - so any pullback scalp sell need under 20 to stay with it - otherwise we will then try higher again

 

[Forexmospherian]

EU

8 08 AM

Difficult one - stalling at 31/32 - still bullish above 22 - so any pullback scalp sell need under 20 to stay with it - otherwise we will then try higher again

EU

8 15 am

So far pullback stayed scalp bullish above 0622

We need to see a clear breach above 33 and 37 to take more buys - otherwise - its a manipulated set up to catch traders out

For selling off - need under 22 and 20 and then we have interim supports at 17 /18 and then at 0609 area

 

[Forexmospherian]

EA at 4527 - another R area to look at selling from -

Pullback only 11 pips gross and now its turned bullish again and price above last high at 4531

Still bullish above 4518 for now on any more pullbacks

 

[sun11]

My EU Chart...

It seems like it wants to go lower. Failure swing high.

 

[Forexmospherian]

8 36 am

Looking forward to stop scalping the EA and EU both ways - done to many scalps this morning - only had 2 small losses - but now had over 10 trades - and normally by this time of morning rarely taken over 7 trades

 

[Forexmospherian]

My EU Chart...
View attachment 207726
It seems like it wants to go lower. Failure swing high.

Its a failure atm - but its all down now to supports from 0609 to 0617 area

S & R interim areas are the barriers to all moves

If price breaches under supports then larger drop - but for now - I never assume one way or other as won atm

 

[Forexmospherian]

Its a failure atm - but its all down now to supports from 0609 to 0617 area

S & R interim areas are the barriers to all moves

If price breaches under supports then larger drop - but for now - I never assume one way or other as won atm

I dont know whether now Sun you can see the dynamic supports forming - ie not just off LR's - but for me the crucial price area now is 0610 to 0616

Above both price - i still see a possible bullish bias and move up again

Below both prices - then means tests of 0600 big number support.

We do have more Euro and Pound ( red news ) news releases over next hour - so they may play a part on next moves as well

 

[Forexmospherian]

EA

Missed the start of the fall - but have managed to take 3 more scalps on it so far

EA is always a nice mover - and so far a few nice scalps off it last on 10 pips


EA - 1 Min LR Chart

EA

9 05 am

The scalp pair of the morning for me

Updated chart with latest scalps marked up to 9 00 am

 

[Forexmospherian]

EA

9 05 am

The scalp pair of the morning for me

Updated chart with latest scalps marked up to 9 00 am

EA

9 09 am


Since I posted the chart above with last scalps sell from 8 51 am - that move as dropped 24 pips with 14 pips in last 10 mins or so

So far on the EA this morning over last 3 hrs - there was been at least 8 nice scalp moves - and these easily total over 100+ pips.

No I have not got 100+ pips off the EA - but I have made over my daily target off just that one pair and also been trading EU / EJ / UJ in between

 

[Forexmospherian]

EU - 1 Min LR Chart for early Am and over Opens

EU

9 18 AM


3 Main moves for me so far - thats if 0612 holds

 

[Forexmospherian]

Pound red news in 10 mins approx

Then going to be out until around Midday or so and also back this afternoon

 

[sun11]

My EU Chart...
View attachment 207726
It seems like it wants to go lower. Failure swing high.

I dont know whether now Sun you can see the dynamic supports forming - ie not just off LR's - but for me the crucial price area now is 0610 to 0616

Above both price - i still see a possible bullish bias and move up again

Below both prices - then means tests of 0600 big number support.

We do have more Euro and Pound ( red news ) news releases over next hour - so they may play a part on next moves as well

Just like the chart posted before...I had my sell trade opened.

Closed 90% of it around that circle mark with 9/10 pips profit & trailed the rest 10% with 3+ pips profit. Which current got stopped out.

I had a thought that it might reach the daily low. So opened sell trade again with small lot.

 

[Forexmospherian]

EU

9 23 AM

We need over 23 and 27/8 for EU to try and turn up again

If we dont make above both - then now the EU will test lower and goes into a bearish session under 0600 and 0580

 

[Forexmospherian]

Just like the chart posted before...I had my sell trade opened.
View attachment 207742
Closed 90% of it around that circle mark with 9/10 pips profit & trailed the rest 10% with 3+ pips profit. Which current got stopped out.

I had a thought that it might reach the daily low. So opened sell trade again with small lot.

Glad you got profit on the way down

But from 9 08 / 9 am UK time it was a scalp buy above 0612

Now price at 23/24 - so another 11 pips or so in the kitty off the buy and still expect another buy atm after any pullback

 

[Forexmospherian]

GU - Pound news in 2 mins

GU as been messy PA this morning not traded it so far

Lets see whats going to happen and will try and scalp it after news

 

[Forexmospherian]

9 30

GU falls - bearish still under 5060

 

[sun11]

Glad you got profit on the way down

But from 9 08 / 9 am UK time it was a scalp buy above 0612

Now price at 23/24 - so another 11 pips or so in the kitty off the buy and still expect another buy atm after any pullback

Fully agreed...got stopped out on that one.:|

 

[sun11]

Ok EU in range..Time for Not To Trade.
Lunch...