A Master Class in FX Intraday Trading by F & Co

[Forexmospherian]

Looks like EA is still the most bearish as teased under last low - but stalling so far at 5064/66 area

 

[Forexmospherian]

morning all

actually managed to get some scalping in this morning

ok usd about to bounce north .......will resell the Europeans

Morning N

First hr pre 7 00 am was very slow - but then 7 until now not bad .

Yen must be a bit strong this morning - both EJ / UJ been falling not checked out the beast GJ

Have a good session


Regards

F

 

[NVP]

ok scooting soon .....made a few this morning before work ............all helps !

heres the usd this week .......the MAJOR S/R lines are really where I can get most bang for my bucks ..........so yesterday if I had been trading in the afternoon I would have got hard on the USD as it tested the lows of the week again ..........any bull usd pairings at that time paid dividends ! 👍

ok later all

N

 

[Forexmospherian]

Looks like EA is still the most bearish as teased under last low - but stalling so far at 5064/66 area

Missing out here

With EA still falling - and GA ( not traded it) falling as well then the Aussie dollar must be strong - and yes it is

Just looked at AU and from 7 30 am it moved up over 25 pips - that's a lot on a slow morning for the AU - and chart and PA looked very easy - shame - not got 1 pip off it

 

[sun11]

Morning Sun

WD - yes have the UJ bearish under 121 24/25 area with supports from 12105 to 10 area

Take it easy and have a good session

👍

Regards


F

Yes taking easy..made only 6 pips on EA scalp sell upto 58 zone..support.
Then scalp buy from support more 3 pips.

Your chart & my chart has similarities...Finally getting it.

 

[sun11]

Currently EA rising from that support.

Moved 13 pips. But i was not sure how far...so closed at 3 pips.

 

[Forexmospherian]

AU - Great example of a bullish PS for early morning session

AU

1 MIN LR Chart with lovely bullish PS - note LR structure and traffic light sequence etc

 

[Forexmospherian]

Currently EA rising from that support.

Moved 13 pips. But i was not sure how far...so closed at 3 pips.

View attachment 210646

Notice Sun it was a KT scalp buy at exactly 8 30 am from 5058 /60

Pleased you got some pips out of it - but if you saw it move up 13 pips - note as long as it stays above 45/50% of the move up it should carry on trying higher for a bit

 

[NVP]

Morning N

First hr pre 7 00 am was very slow - but then 7 until now not bad .

Yen must be a bit strong this morning - both EJ / UJ been falling not checked out the beast GJ

Have a good session


Regards

F

yep ...........not soo bad today F ....and I must branch out of my usd fixations in 2016 :smart:

this was my last trade today ............finally grabbed a usd bounce off a generally bearish Asian / London for it so far :smart:

later
N

 

[sun11]

Notice Sun it was a KT scalp buy at exactly 8 30 am from 5058 /60

Pleased you got some pips out of it - but if you saw it move up 13 pips - note as long as it stays above 45/50% of the move up it should carry on trying higher for a bit

Yes i took that scalp buy & made 3 pips. Also earned 1 pips from AU sell.

I need to talk with you about couple of things regarding marking the S/R.

Will post it in few minutes.

Currently interested to sell EA below 5058. If goes..

 

[Forexmospherian]

Yes taking easy..made only 6 pips on EA scalp sell upto 58 zone..support.
Then scalp buy from support more 3 pips.

Your chart & my chart has similarities...Finally getting it.

View attachment 210632

Honestly - I spent years before I managed to understand all the LR combinations etc along with the time windows and structure

Don't worry if it takes you another 3 or 6 months to really feel comfortable and in control - every day and every week you will learn more about your set up and then you will have more knowledge to use it in the future

I 100% know you will get there - its down to you carrying on controlling your emotions and disciplines etc and not being tricked by the markets teasing

When in doubt - don't trade - when in doubt and in profit - take it ;-))

 

[sun11]

EA is currently 30Minutes + from the 5058 level..So bullish ?

 

[sun11]

EA is currently 30Minutes + from the 5058 level..So bullish ?

Yes bullish earned 3 pips more...But As longest LR was around 5078. So closed early...now its rising..

 

[Forexmospherian]

EA is currently 30Minutes + from the 5058 level..So bullish ?

The barriers now are 5090 / 5100

If we make above yes stay with buys

Otherwise - we drop back in range from 5055 to 5085 - and then could get a BTTZ

GL Sun

Back next maybe after 10 am or 11 am and then will try and get 2 hrs in later

Not to bad a morning


REgards


F

 

[sun11]

The barriers now are 5090 / 5100

If we make above yes stay with buys

Otherwise - we drop back in range from 5055 to 5085 - and then could get a BTTZ

GL Sun

Back next maybe after 10 am or 11 am and then will try and get 2 hrs in later

Not to bad a morning


REgards


F

Thank you..
Ok see you later..
I will post my question on my thread...reply at your pace..

Good day..

 

[Forexmospherian]

EU - Update this week

Yesterday's chart below

EU

4 19pm

Comment from at approx. 8 09 am and London Open

We needed above 0881 and 87 to look at more scalp buys although above 0860 it was in a bullish price structure for the session

We are now up at 0925 and still bullish although I expect R's from 0930 to 0950 area


This is a 5 min LR view - it maybe shows the bullish price structure better - as on a 1 min under 0860 it started to to go bearish but supports from 0840 to 50 stopped that happening

That was yesterday

Now this morning early

EU

6 50am

In a range from approx. 0905 to 0940 - and still in a bullish PS above 0885 area

Its been a buy from approx. 6 09 am and 0908 area with first R's at 18 to 22

If we do make over 25 - then we have more R at 0930 to 40 area with first supports at 0910 to 14

And 2 charts over last hr or so

Then a bit later on

 

[Forexmospherian]

EA - UPDATE from just after 9 00 am

The barriers now are 5090 / 5100

If we make above yes stay with buys

Otherwise - we drop back in range from 5055 to 5085 - and then could get a BTTZ

GL Sun

Back next maybe after 10 am or 11 am and then will try and get 2 hrs in later

Not to bad a morning


REgards


F

Comment from over four and half hrs ago

The EA did make over 5090 and 5100 - but so far its not been able to breach over 5135/ 40 area

Still bullish PS above about 5092/ 95 area for afternoon session - needs back under 5080 and 70 for a sell off and a bearish pm session

 

[Forexmospherian]

EJ - So far Today as we go into the US Session

EJ

I Min LR Chart

 

[Forexmospherian]

GU - So Far Today as we go into US session

GU

1 Min LR Chart

Easy set up confirmed with TL sequence and time

 

[Forexmospherian]

EA - So far coming up to 4 00 pm UK time

EA

1 Min LR Chart - with LR price structure set up with traffic light configuration and levels all saying below there bearish

Comment from early Opens

Now coming up to 4 00 pm - this is latest chart along with buy KT's