A Master Class in FX Intraday Trading by F & Co

[Forexmospherian]

Yes you are right...stopped out.

I maybe need to go through this part of choosing the right pairs for each 30 -60 mins session to scalp

Always go for a smoother price action - the GU was ideal this morning - both on the buy after 6 39 am and the sell after 7 09 and 7 20/21

Check it out Sun

You need to scan say 4 to 6 pairs of your choice - an then look for the better looking 1 min PA

For me - unfortunately EJ just did not figure this morning

EA even EU and certainly the GU were the pairs

Not checked UJ or UCad etc - but will later on grade them all for you to see what was pairs we want to trade - an which ones are not so good

Out in 10 mins

Back before 9 00

Remember 9 am to 10 am should be busy - 2 lots of red news on EU and GU

See you later


F

 

[NVP]

hey all

hope all going well..............this week is a write off as year end looms and I am crazy busy

Feds pressed the button eh ?

lets see where the greeny goes now then ..........

N

 

[NVP]

got to dash

heres where I would have been this mornng post 6am ...........usd bull and bear signals so far

I would be now leaning on more sells

cheers all have a good day
N

 

[NVP]

got to dash

heres where I would have been this mornng post 6am ...........usd bull and bear signals so far

I would be now leaning on more sells

cheers all have a good day
N

heres winners losers ...lets see if usd continues to fall

N

 

[NVP]

heres winners losers ...lets see if usd continues to fall

N

tricky though..........look at the shift from European buys to cad/AUD buys on the falling usd

N

 

[Forexmospherian]

GU

6 58am

Similar to EU - in bearish PS atm for AM session

Would need to see price back over 4985 and 90 for a turn into more bull land

Its been a scalp buy this hour - but only moved up just over 13 pips - although still trying coming up to the EO

Will be looking to scalp sell - as pullbacks will come in this TW

GU

8 48am

Comment from over 2 hrs ago

the GU topped for now at 4976 - we knew we neeed over 85 and 90 to stay with early buys

From then on = after 7 09 am and 7 21 - 7 51 - 8 21 am etc - its been a sell

So far dropped 55 pips - unfortunately most of my pips after 7 45 am came off partial stakes

Will review next at red news at 9 30 am - but EU news at 9 00 am first

 

[Forexmospherian]

EU for news at 9 00 am UK

above 0850 /55 - slightly bullish - needing over 90 an 0900 to go into a proper bull bias

Needs under 0842 and 30 to stay bearish and to test supports lower

Back in a bit

 

[Forexmospherian]

tricky though..........look at the shift from European buys to cad/AUD buys on the falling usd

N

Morning N

new price areas again this morning after the US Fed news

Are you hoping to get a few mornings in next week ?

Have a good day

Regards


F

 

[Forexmospherian]

EA

7 20 am

No 35 and under 5124 was just scalp sells again

EA

9 00 AM

Under 5124 its just been sell - helped when under 5100

Now 5065 to 75 is all supports

Not much effect of german news atm

 

[Forexmospherian]

EU

9 07 am

For me now I am scalp buying above 0860 - but unless we make over 85 an 95 - will be selling again

Would hold sells on longer under 0853 and 46 - if price does go there if it fails to make over 0885+

 

[Forexmospherian]

GU

8 48am

Comment from over 2 hrs ago

the GU topped for now at 4976 - we knew we neeed over 85 and 90 to stay with early buys

From then on = after 7 09 am and 7 21 - 7 51 - 8 21 am etc - its been a sell

So far dropped 55 pips - unfortunately most of my pips after 7 45 am came off partial stakes

Will review next at red news at 9 30 am - but EU news at 9 00 am first

GU

9 20 AM

Red news in 10 mins

From 9 00 am - its just been scalp buy again above 4943 area and is now back up testing highs pre EO at 7 00 am

Its been a lovely mover for now over 3 hrs

Definitely my favourite of the morning

For now scalp liTs around 4960 - above favours tests higher - below tests lower again

News maybe might be the next excuse for whatever is chosen

 

[Forexmospherian]

GU - Best Pair for me this morning - Chart etc

GU

With red news at 9 30 am - it was always one to check out

But what struck me this morning from after 6 00 am - was the smooth PA

Normally that means no real playing going on - just clear manipulation etc from big money

Moves started well from after EO with a sell and then by near end of LO first hr a low - holding over 30 mins

After 9 00 am a clear buy

Now at 9 30 am we have the 2 way spikes and will post another chart later

I am out 70% buy at 4983 area and will leave 30% on buy if we stay above 57

Chart pre news

 

[Forexmospherian]

GU

9 33 am

Price at 65 will exit 30% buy earlier than stop in profit as a scalp sell under 4975

 

[Forexmospherian]

9 35 AM

It would have taken me out anyway a so far price dropped down to 55

Will still want to buy again - ideally above 4940/50 next

Only if all lines up though

 

[Forexmospherian]

GU

With red news at 9 30 am - it was always one to check out

But what struck me this morning from after 6 00 am - was the smooth PA

Normally that means no real playing going on - just clear manipulation etc from big money

Moves started well from after EO with a sell and then by near end of LO first hr a low - holding over 30 mins

After 9 00 am a clear buy

Now at 9 30 am we have the 2 way spikes and will post another chart later

I am out 70% buy at 4983 area and will leave 30% on buy if we stay above 57

Chart pre news

Chart now 15 mins after Red Pound news

 

[Forexmospherian]

EU

9 07 am

For me now I am scalp buying above 0860 - but unless we make over 85 an 95 - will be selling again

Would hold sells on longer under 0853 and 46 - if price does go there if it fails to make over 0885+

EU

9 52 am

We never made over 0877/8 and then under 74 and 70 it was a sell again

So far 0853 as not been breached

I need to see under 50 and 46 next to stray with sell and back over 65 to think about buys again

Out for next hr

Hope to pop back in after 11 00 am and then a bit at lunchtime and again after 2 30 pm

GL guys

See you later

 

[Forexmospherian]

EA - AM Session from Pre Opens

EA

6 47am

Its bullish above 5100 price for now

Was not up to take scalp buy from 5 30 am - but now will look for more scalp buys off pullbacks - ideally staying above 5115 / 20 area

We then need to see over 5150 to stay with new scalp buys

EA

9 00 AM

Under 5124 its just been sell - helped when under 5100

Now 5065 to 75 is all supports

Not much effect of german news atm

EA

11 18 am

First thing this morning - pre Opens - EA was bullish above 5100

It needed above 5150 to stay with buys

Top was 5145/ 6

That was my first clue on sells. I needed then to see under 5120 - 5109 - 5100 and under 70/75 to stay with sell

So far - price as dropped to 5030 - ie a 115 pip fall from Opens

Not got all 100+ pips - but most have been on partials under 5110 area

Would need now over 5080 to see a turn up being attempted

What was nice was I have actually also made some pips of the EA on scalp buys as well

For adding sells we need to see under 42 and then 26

 

[Forexmospherian]

GU

9 33 am

Price at 65 will exit 30% buy earlier than stop in profit as a scalp sell under 4975

GU

11 23 am

We stayed under high over 30 and 60 mins - and also under 4975 - so left partials on GU scalp sell

So far its dropped to 4918 - so over 55 pips and for me it needs to stay under 4946 and 50 to add more sells again off any retrace bounces/ scalp buys

 

[Forexmospherian]

EA - 1 00 pm = Pre US Session update

EA

11 18 am

First thing this morning - pre Opens - EA was bullish above 5100

It needed above 5150 to stay with buys

Top was 5145/ 6

That was my first clue on sells. I needed then to see under 5120 - 5109 - 5100 and under 70/75 to stay with sell

So far - price as dropped to 5030 - ie a 115 pip fall from Opens

Not got all 100+ pips - but most have been on partials under 5110 area

Would need now over 5080 to see a turn up being attempted

What was nice was I have actually also made some pips of the EA on scalp buys as well

For adding sells we need to see under 42 and then 26

EA

1 00 PM ish

We stayed over low for 30 and then 60 mins

We did not test under 42 again

We had a HH and HL on 1 min PA

Above 5080 as mentioned approx 2 hrs ago - it was a BUY

Price now made 5118 - so 38 pips above suggested buy area

You could have bought after midday at below 5080 and then again at 12 39 pm onwards

Nice PA all supported by LR turn and time rules

5122 to 42 is all R next

 

[Forexmospherian]

EA

We do have US Dollar red news in approx. 25 mins

To claify EA now

Below 5140 and 22 it favours sells - need above both prices to stay with buys

Supports at 5103 area and 5090 - again pullbacks staying above that price favour higher - so need under both prices to hold scalp sells under 40 on longer etc

That's the set up for next hr or so

Remember news might start it off - or if not we may have to wait another hour to see a breach of present range mentioned