A Master Class in FX Intraday Trading by F & Co

[NVP]

iterative process ........take time to tease the move

usd is smashing the door on selling ..but not yet

its like a slow dance ...............wait

 

[Forexmospherian]

been here a thousand times before .....if USD truly wants to Breach south the Euro will break correlation ...wait

It might be a 7 50 /51 or 8 00 am job of turning the dollar strength tap on or off again like yesterday

GL Neil

Got to get ready to pop out next


See you later guys

 

[NVP]

For me still got EU bullish - but know the time rules say it needs longer unless breached

Therefore I would expect the Swissy to carry on falling more - but I cannot enter either now until I have more clues

GL

me to...............me to

 

[NVP]

heres my trigger ............go

 

[NVP]

61 would have been the buy as already mentioned .........lets see

 

[NVP]

you are just trying to get a move and get those 4-5 pips intially in the bag ............at the moment I am skittish as the usd has still not breached south

N

 

[NVP]

see how the Euro and usd have broken correlation ? .........I was banking on that

 

[sun11]

A real bad fall in eu. If it changed into failure swing high..then will be selling.

 

[NVP]

bailed ................

 

[NVP]

real SOB this pair at moment ..............that was b/e for me so no losses

ok ..............still like the sell on usd .............still watching this pair for a bounce buy

N

 

[NVP]

if you are a PA observer on pairs ...........see the step change on EU pair ?

 

[NVP]

ok I gotta fire up for some calls ................still got pips on this eu buy ........its been over 30 mins of staking this SOB .but that's trading ..the greenback went flat after some decent selling from 6am where I did make some pips

back later gang ...............hope this was of interest .........

N

 

[NVP]

EU is hard work but getting there...........back later gang ..have a good day

we call them live and loud here at F's thread !

N

 

[NVP]

It might be a 7 50 /51 or 8 00 am job of turning the dollar strength tap on or off again like yesterday

GL Neil

Got to get ready to pop out next


See you later guys

out the door myself ...........cheers gang

 

[Forexmospherian]

EJ

7 23 am

No longer my top favourite - some days its great this morning better than EU but no comparison to EA and GA - they win hands down on movements so far

From 6 30 am its risen 15 pips

Above 133 60 area is a bullish bias PS

EJ

8 44 AM

So far its made 133 88 - and after 8 21 am it was a scalp sell

Just back and seeing the Euro crosses have remained bullish - but classic surprise and the pair that gets the "manipulation of the morning award" - goes to the GU

At 7 57 am - the Pound strength tap was switched off

Since then its dropped 35 pips - how convenient prior to Pound news at 9 30am

GA did not play the same - we know were the Banksters and bar stewards have been playing this morning then ;-)

 

[Forexmospherian]

EU

8 46am

Topped so far at 0882/3 and notice the time ;-)

Yes 8 21 am - one of the 6 KT's of my hour -

It was then a scalp sell under 0880 with 57 to 60 being key supports next

 

[Forexmospherian]

EA

8 48 am

The real mover - from after 7 51 am it moved up nearly 60 pips - yes 60 pips !!!

Pullbacks could even fall back to 5015 / 18 area - and its still in a bullish PS

I had left a partial stake 30% buy on with stop in 2 pips of profit before I left

Nice thing about it - it worked ;-)

If it had not - I still would not have lost money - but instead moved stop in profit now up 5029 and price testing 5063 as I type

:clap:

 

[Forexmospherian]

UK pound news in approx 37 mins


Time to post some charts

 

[Forexmospherian]

EA - 1 Min LR chart with a few Key Times

EA

9 00 am Update


Sorry to go on about this pair ( GA is even sometimes better ) but it really is a great FX pair to intraday trade

Look at that chart and guess the trend

If you say its bull and buys - correct

But

I made over 40 pips on it this morning off scalp sells as well


That's the beauty of working at the "coalface" and scalping all the waves that are destined to make over 10 or 20 pips - when its like this - its not so much a coalface - it more a "goldmine"

Please add it to one of your 2 or 3 key pairs to trade once you feel experienced enough with my method

It will not let you down

 

[Forexmospherian]

9 05 am

This hour should be focused on the UK pound and pound crosses

News in 25 mins

Will check out and update on the GU / GJ and GA