A Master Class in FX Intraday Trading by F & Co

[Forexmospherian]

Red Dollar news in 8 mins

EA Update

scalp sell came in after 1 00 pm at 5113/4

It then fell to 5085 - so a 25+ pip fall - nice scalp sell

It bounced back at 86/90 ( supports) but did a LH at 5110

Next clues

Above 5113 and 23 - scalp buy

Need under 80 and 75 to scalp sell more or stay with any taken under 5110

BUT

Don't forget any news effect possible

 

[Forexmospherian]

EU

1 26pm


With news in 4 mins - now in the 0830/40 price zone

Its bearish under 0846/50 for now
need back over 50 and 60 for scalp buys

 

[Forexmospherian]

1 31pm

A bit of dollar weakness of news for now

 

[Forexmospherian]

Slow for now

Will pop back after 2 30 pm when other US markets open

See you later

 

[Forexmospherian]

Red Dollar news in 8 mins

EA Update

scalp sell came in after 1 00 pm at 5113/4

It then fell to 5085 - so a 25+ pip fall - nice scalp sell

It bounced back at 86/90 ( supports) but did a LH at 5110

Next clues

Above 5113 and 23 - scalp buy

Need under 80 and 75 to scalp sell more or stay with any taken under 5110

BUT

Don't forget any news effect possible

3 00PM

EA

OVER 100 pip rise last hr from my buy area

Nice


Pop back a bit later

 

[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

usd never lets us down for tricks ..............

look at that minx London session..........all about range trading and bouncing off S/R lines

U.S session much more direct so far !!!

N

 

[Forexmospherian]

EA - 200+ PIP rise in approx 5 hrs

EA

Low appeared around 10 30am and then we have over 5 hrs seen a price rise of over

220 pips

Caught a lot on partial stakes above 5100 and 5124

Price topped so far at 5259/60 - pullbacks staying above 5210 are still buys again atm as in a bullish PS

Just out of interest - in last 5 hrs EU as now back at the price it was around 10 30 - just 20 pip moves either way

That's why you look at the EA and EJ etc

EA Chart update

 

[Forexmospherian]

usd never lets us down for tricks ..............

look at that minx London session..........all about range trading and bouncing off S/R lines

U.S session much more direct so far !!!

N

Very much agree

Check out EA and GA

400+ pip job - shame I only had partial stake buys on EA ;-((

 

[NVP]

fascinating discussions today with some senior finance bods in the company I am consulting for .................they are all scrambling to reforecast the rates for 2016 and the feds announcement has them naturally in a tizzy...

my comments havnt helped as its just gut feel from years in the forex market .........I told them not to believe the hype ..........it could all unwind very rapidly if the bond market, then equities buckle ...........

glad i'm not in their job.........

all that money to get the rates wrong anyway .........damn perhaps I wish I was in that job !!!!

N

 

[Forexmospherian]

3 39/ 40 pm on EJ - nice scalp buy

 

[Forexmospherian]

fascinating discussions today with some senior finance bods in the company I am consulting for .................they are all scrambling to reforecast the rates for 2016 and the feds announcement has them naturally in a tizzy...

my comments havnt helped as its just gut feel from years in the forex market .........I told them not to believe the hype ..........it could all unwind very rapidly if the bond market, then equities buckle ...........

glad i'm not in their job.........

all that money to get the rates wrong anyway .........damn perhaps I wish I was in that job !!!!

N

Totally agree with you N

I really thought they would hold back into next year - but I think they needed to keep crediability etc

I reckon in 6 months it could be dropped back again - all depends on how US starts the new year and Jan to March is never good

Also just heard head of IMF - got to stand trial - re fraud allegations etc etc

And then what about Jose - shock

 

[NVP]

Totally agree with you N

I really thought they would hold back into next year - but I think they needed to keep crediability etc

I reckon in 6 months it could be dropped back again - all depends on how US starts the new year and Jan to March is never good

Also just heard head of IMF - got to stand trial - re fraud allegations etc etc

And then what about Jose - shock

mourenio won them a title last year .........so he paid back his dues ...................this year ....well he will go elsewhere and make even more money

spurs please !!!!!:smart:

N

 

[Forexmospherian]

EA & EJ

3 54 pm

EA now testing 5270/71

EJ topped at 133 25 so far - R area - still bullish over 06

 

[Forexmospherian]

mourenio won them a title last year .........so he paid back his dues ...................this year ....well he will go elsewhere and make even more money

spurs please !!!!!:smart:

N

Like the new 61k stadium plans

Trouble is its gridlock always around there

Only been to Spurs ground twice in last 20 yrs following Man U

But they were the good old days - not like now ;-((

 

[Forexmospherian]

This last hr - euro crosses seen lots of action

the sell offs came after 3 51 pm and 4 00 pm on EU / EJ / EA

 

[Forexmospherian]

This last hr - euro crosses seen lots of action

the sell offs came after 3 51 pm and 4 00 pm on EU / EJ / EA

EU

4 38pm

Now down at 0809 area - so far low of day

O790 and 0800 more supports

 

[Forexmospherian]

EU - Comment from Today

EU for news at 9 00 am UK

[Babove 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

[/B]Back in a bit

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+[/QUOTE]

EU

9 52 am

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

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

So far 0853 as not been breached

I need to see under 50 and 46 next to stray with sell

EU

1 26pm


With news in 4 mins - now in the 0830/40 price zone

Its bearish under 0846/50 for now
need back over 50 and 60 for scalp buys

This last hr - euro crosses seen lots of action

the sell offs came after 3 51 pm and 4 00 pm on EU / EJ / EA

EU

Update for 5 00 pm

We have stayed under 0870 for over 7 hrs and then under 46 and 40 for last hour and now close to main supports at 0790 / 0800

Bounces need back over 0825+ to even think about trying out or holding scalp buys etc for now


Finished for day

Again - what a day - thanks to mainly EA / GU and not forgetting EU and EJ this afternoon

Miss of the day - GA

BUT - you will never be able to catch all your main pairs - so should not complain

Will pop back in later

Hope you have also had a great day


Regards

F

 

[Forexmospherian]

Friday 18th December 2015 - Pre Opens

Good Morning to all FX Intraday traders

Nice start from 6 09 am - a Key Time for my method on EU & EA

There was also other scalp opportunities on the GU and EJ - but knew I had to put EA first as the biggest mover out of my normal pairs with the EU second - as the PS is just so bullish atm


In fact I will post an EU chart first - we do have a R area around 0860 - so that might change things - but the PS basically started bullish just before 9 pm last night at 8 51am - an stayed the same all through the Asian session.

Please feel free to post your charts and comments etc - all welcome etc

Only main red news release at 1 30pm on the Cad Dollar today

Have a good one


Regards


F

 

[Forexmospherian]

EU - Bullish PS from 8 51 pm Last Night

EU

6 43 am

1 Min LR Chart set up from 8 51pm last night

Bullish PS all through the Asian session - with R area now at 0860 to 0870

Will this R barrier stop it carrying on higher now - or not ?

Supports now from 0830 to 45 area -= so an immediate 30 to 40 pip range to try an break out

 

[Forexmospherian]

EA

6 54 am

Different set up to EU - and in a 70 -75 pip range to b/o

It hit is R area at 5215 - another LH and after 6 30 am became a scalp sell with first supports at 85 to 90

To stay with sells and for PS to turn bearish we need to see under 5165 an 60

Above 5195/ 5200 - its just about still in a bullish PS but close - after a fairly flat Asian session