A Master Class in FX Intraday Trading by F & Co

[Forexmospherian]

GU

will it get me or not ??

Lol - not bothered now as got to leave again 5013 atm my stop in profit at 19

Good Luck - see you later

 

[MajorMagnuM]

EA

6 40am

Over 43+ mins since I started on scalp buy and now we made over 5200 and just testing 5213.

I added to my 30% partial stake over 5204 and will now pull that part again if we stall by 5215

Nice move in all up over 35 pips in total off just 2 main buys and even missed the 12 pip pullback

I also took that trade but the bugger took me out at 06:55

 

[Forexmospherian]

I also took that trade but the bugger took me out at 06:55

Hi MM

It took my partial out later under 5090 - but after I got back after 9 00 am it was time for sells

Not been around too much this morning - but will do an hr or two this afternoon - and then pop in for tonight

Guessed it would not be that much of a normal session - with all the anticipation of tonight after 7 00 am - although GU was nice pre 9 30 am news - but again stopped out partial afterwards - even though its still in bear land even now

Regards

F

 

[Forexmospherian]

]GU

9 11 am
[/B]
For news - if we are going to stay bearish - then we need to stay under 5062 and 5050 - under there is bearish structure down to supports at 5000 and 4970 / 85 area

Not checked other pound crosses yet

With regards euro crosses - as normal EA as been my earner - although stopped out in profit o 30% partial stake

EU - under 0960 - again just bearish with next supports at 0920 and 0910 - 0900 areas

EU & GU

comments from nearly 3 hrs ago

easily made my daily target out of just these two - never mind additional off EA / EJ

Now GU does not want to go under 4990 and 5000 and EU still be held up above 0900 and 0910

Maybe news at 1 30 pm might change things - but we all know the markets are awaiting for after 7 00 pm UK time tonight for the big moves

See you a bit later


F

 

[Forexmospherian]

GU - 1 00 PM Update

GU

If I say 12 30 and 12 50/1 pm - I would have hoped you know the importance of these 2 key times

If I then say LR crossover on quick settings for scalps - and multi LR crossing - it should then assist you with your decision making

Lets have a look at the chart

I did not cover 12 50 / 51 pm - as it had not quite started

The question will be how far the pullback - and can 4997 hold for over 30+ mins with no breach ??

 

[Forexmospherian]

GU

If I say 12 30 and 12 50/1 pm - I would have hoped you know the importance of these 2 key times

If I then say LR crossover on quick settings for scalps - and multi LR crossing - it should then assist you with your decision making

Lets have a look at the chart

I did not cover 12 50 / 51 pm - as it had not quite started

The question will be how far the pullback - and can 4997 hold for over 30+ mins with no breach ??

GU

1 17 pm

30 mins after the low off the 12 30pm scalp sell - no breach still

Here's the larger 1 min chart session view

 

[Forexmospherian]

1 23 pm

News in 7 mins

So by now on GU from 12 30 pm

Scalp sell worth 18 to 22 pips net - depending on exit

Scalp buy after 12 51 pm or after 1 00 or 1 09 pm worth anything from 14 to 20 pips depending on when you bought

So in last hr possible 40 pips out of GU

Anything over 25 pips very good

Under 15 pips - what have you been doing ??? ;-))

 

[Forexmospherian]

news as seen a slight pullback on EU after it retraced to 0940 area and a slight rise on dollar strength on other pairs - but really so far no real change

 

[Forexmospherian]

Back now closer to 2 45 - 3 00 pm

GL

 

[Forexmospherian]

1 23 pm

News in 7 mins

So by now on GU from 12 30 pm

Scalp sell worth 18 to 22 pips net - depending on exit

Scalp buy after 12 51 pm or after 1 00 or 1 09 pm worth anything from 14 to 20 pips depending on when you bought

So in last hr possible 40 pips out of GU

Anything over 25 pips very good

Under 15 pips - what have you been doing ??? ;-))

GU

3 00 pm Update

that scalp buy from 12 51 pm or after 1 00 pm in the end made over 50 pips so far

2 51 pm saw the sell and a 30+ pip pullback

Now 4997 to 5008 is all support

Can it stop another fall ??

 

[Forexmospherian]

EA

3 00 PM - on the dot - change and 3 01 /2 pm the scalp buy from 5160 / 61

In 9 mins it bounced up 26 pips - caught 13 pips - late

 

[Forexmospherian]

3 34PM

Next big news releases at 7 and 7 30 pm on US Interest rates

Going to pop back before 5 - 5 30 pm - and then around 7 00 pm onwards for a bit

Not planning to have any partial stakes still on - got the feeling we might have 200 -300 pip moves - but then - you just never can predict this totally corrupt and deceitful market - lol ( but still love it )

See you later and GL if you are still trading next 3 hrs

 

[Forexmospherian]

6 13pm

Popped back to check a few pairs out

Just been looking at longer term and notice the UCad as one another new 10 year high today at 3845 area - over 70 + pips on previous high this week

That shows a weak Cad and strong dollar - but on some other dollar pairs its not quite the same - for example Uchf down 350+ pips off its high so far this year and similar with UJ

Many are expecting the rise in interest rates now and for the dollar to strengthen more - resulting in drops again on the EU / GU / NU / AU - etc etc

I am not sure - but will be ready for anything - and have no particular loyalty to any currency pair really - whether EU drops under 0500 or over 1500 - not that bothered until my holidays next year ;-)

See you later after 7 00 pm

GL all on what ever you are planning

 

[Forexmospherian]

Less than 4 mins to announcement on Interest Rates in the USA

Atm - dollar weakening - is this the false pre news set up ??

 

[Forexmospherian]

7 00 am

Dollar rise with 0 25% rate increase

Not that much effect atm

 

[Forexmospherian]

EU now around 0900 again - UChf and UCad up - but only 50 pips or so for now

Very disappointing atm - but at least it as happened - that might be the shock

 

[Forexmospherian]

It makes a change - ie the Fed doing what they said they would

 

[Forexmospherian]

EU & GU etc falling - nothing special thought atm - just scalp stuff - ie another 12 pips on EU and 20 pips or so on GU

 

[Forexmospherian]

After 7 10 pm - we had the change start - EU back up from 0888/90 area to now 0950 again

GU also bounced back up 25 pips

Back to normal really - lol

 

[Forexmospherian]

Can we breach pre news highs and lows in under 33 mins ??