A Master Class in FX Intraday Trading by F & Co

[sun11]

Looks to long now

Try say 620 or 650 LR - that might be a bit better and then post again so we can compare

Ok here is with 630

 

[Forexmospherian]

Out this morning at around 7 45 am

Back after 8 45 am and hope to be around for 9 30 am Pound news and then a few hrs over lunch and early AM session

 

[Forexmospherian]

Ok here is with 630
View attachment 209630

I think that is better Sun

The proof the the pudding will be when the EU changes proper session bias

High so far for a 7 21 am scalp sell was at 1039/40

Pullbacks staying above 1005/8 for me are above my LITS AREA still

Are they are your set up - ie longest LR ??

 

[sun11]

I think that is better Sun

The proof the the pudding will be when the EU changes proper session bias

High so far for a 7 21 am scalp sell was at 1039/40

Pullbacks staying above 1005/8 for me are above my LITS AREA still

Are they are your set up - ie longest LR ??

Sorry Forexmospherian, MT4 doesn't allow changing time frame other than its own terminal time..

But as you suggested to look for 7 21 am UK time..i marked that time in my chart.
with 630 LR

 

[Forexmospherian]

EA

7 05 am

Now dropped 32 pips from its 6 30 am scalp sell - down now to 30% stake with stop in profit

I hope to buy above 5188/ 90


Different set up to EU and EJ - - all 3 in bullish bias PS - but since 6 30 am - marker maker play as started taking them out of sync

this is the beauty of a 1 minute set up and also of correlations - you can see it immediately

Just before I leave

Again - EA is brilliant for me - and my fave now

Another 23 pips off a scalp buy on it - I was late entering as well from were I had said I would

See you later

 

[Forexmospherian]

Sorry Forexmospherian, MT4 doesn't allow changing time frame other than its own terminal time..

But as you suggested to look for 7 21 am UK time..i marked that time in my chart.
View attachment 209642 with 630 LR

Hi Sun

Back now

Can you change then the broker terminal time - so it not marrying with your computer / home time - but with UK time- as I think this would help you

How's it going so far /

UK Pound news at 9 30 am - so expect movements more on pound crosses next

 

[Forexmospherian]

EA - 150+ Pips of movements in just over 2 hrs

EA

8 50 am

This pair as been yet again a lovely mover

3 main intraday trades from 6 30 am - if you got all 3 then 150+ pips available - anything over 80 pips - you have done well

With me being out - only got 2 scalps - but easily covered my daily target - but was just not here to take advantage of the last drop after LO

Nice PA as well

 

[Forexmospherian]

9 00 AM - Update

We have 2 main red news releases this next hr

Pound at 9 30 am - one red and a few minor releases

10 00 am EU red news release

Will focus on Pound crosses for first news and update next

 

[Forexmospherian]

Pound crosses update for 9 30 am news

GU - for me still bullish above 5100 but for now in a 50 -60 pip range

We need over 5180 to turn properly into a bull PS bias and under 5130 we fall with the main supports areas around 5100

In between - we will just bob about until we get a proper breach

GA -more bullish above 0870 for this next hr - needs under 65 and 45 to sell off more

GJ - Bearish for me under 183 65 - needs over 67 and 75 to go session bullish PS

A right mixed bag for now - so no real clues there - will all depend on how the market judges the release and whether then Pound is strong or weak

 

[sun11]

Hi Sun

Back now

Can you change then the broker terminal time - so it not marrying with your computer / home time - but with UK time- as I think this would help you

How's it going so far /

UK Pound news at 9 30 am - so expect movements more on pound crosses next

Not good....EA is there any change of going towards 5191?

Oh you answered that already...

 

[Forexmospherian]

Not good....EA is there any change of going towards 5191?

Oh you answered that already...

Have a look to see if your EA chart now matches mine I posted in last 15 mins

The green area is the support area

I would be looking to buy again in this area

Remember we do have main Euro news in 50 mins - so this can have an effect

Atm at 9 11 am UK time it was a sell after 9 00 am from 5228/30 area

 

[Forexmospherian]

Have a look to see if your EA chart now matches mine I posted in last 15 mins

The green area is the support area

I would be looking to buy again in this area

Remember we do have main Euro news in 50 mins - so this can have an effect

Atm at 9 11 am UK time it was a sell after 9 00 am from 5228/30 area

The chart

ideal set up for sell after 9 00 am onwards

was you scalp set up like this ?

 

[Forexmospherian]

EU

9 24 am

With Pound news in approx. 5 mins and the euro red news in 35 mins - thought would update EU

So far stopped at 1060 - expected as a R area

Its lasted over 1 hr as a R so strong

Supports for me 1000 to 1008 area

We need to stay above here to stay in bullish PS for this AM session

Under both we go bear - with next supports really at 0980/ 85 and under there 0970 ish

 

[Forexmospherian]

Pound bullish with 2 mins to news

 

[Forexmospherian]

15 + PIP pullback off news release - no major effect atm - just going back bearish for now

 

[sun11]

Have a look to see if your EA chart now matches mine I posted in last 15 mins

The green area is the support area

I would be looking to buy again in this area

Remember we do have main Euro news in 50 mins - so this can have an effect

Atm at 9 11 am UK time it was a sell after 9 00 am from 5228/30 area

Ok closed at 15 pips but i am still -19 loss.

 

[sun11]

The chart

ideal set up for sell after 9 00 am onwards

was you scalp set up like this ?

almost like that,



I was selling from 5220.

 

[Forexmospherian]

Ok closed at 15 pips but i am still -19 loss.

Hi Sun

Ok - how many trades have you taken so far today ?

Are you OK to trade for say another 3 hrs or just 1 hr ?

Will you be around for Euro news on the hr ( 10 am UK )

Lets see if I can help you after 10 am

Stay relaxed - and I think we still need to fine tune your chart set up and timings around time windows and KT's

step by step

 

[sun11]

Want another opportunity from EA to earn my 19 pips back..

 

[Forexmospherian]

almost like that,

View attachment 209662

I was selling from 5220.

WD Sun

see maybe you are ready for this pair

At times its far easier than the EU