A Master Class in FX Intraday Trading by F & Co

[Forexmospherian]

4 30 pm TW update

The Euro crosses have been rising as per price structure shown on charts

The GU as been falling - again as per price structure for early US session shown on last chart

Will pop in later as still go quite a few partial stakes on 4 pairs

Hope its been a good day for you as well


Regards


F

 

[MajorMagnuM]

simple as abc

 

[MajorMagnuM]

ga D3

 

[MajorMagnuM]

Really hard to argue with that green ML

 

[Forexmospherian]

Yesterday's chart below



That was yesterday

Now this morning early




And 2 charts over last hr or so

Then a bit later on

EU

8 48 pm

Did not make through the R area and as been scalp sells of the 9 mins past

In fact 4 key 9 mins past the hr today - 1 buy and 3 sells

 

[Forexmospherian]

Really hard to argue with that green ML

GA

What about a HL above 0330 - ie 0350 - 75 area ???

That's why I never try and forecast tooo far ahead ??

GL if you are looking for a few hundred pips lower - it could happen - and if you have a partial already in over 150+ pips of profit you might be able to hang out for a lot lower


Regards

F

 

[MajorMagnuM]

GA

What about a HL above 0330 - ie 0350 - 75 area ???

That's why I never try and forecast tooo far ahead ??

GL if you are looking for a few hundred pips lower - it could happen - and if you have a partial already in over 150+ pips of profit you might be able to hang out for a lot lower


Regards

F

do you mean the pink circle?

 

[Forexmospherian]

do you mean the pink circle?

No - the 4 hr candle before with the long wick going under 0400

We are still over 130 pips above there

😉

 

[MajorMagnuM]

do you mean the pink circle?

or if you mean the possibility of a hl yes agree anything possible.

 

[MajorMagnuM]

And still in uptrend since march 2013

 

[Forexmospherian]

Just been watching Luther - always loved that series and Idris Elba is a great actor.

Noticed we have red Pound news in morning MM - as well as US and Cad Dollar later on

See you in the morning

Regards

F

 

[Forexmospherian]

Wednesday 23rd December 2015 - Pre Opens

Good Morning FX Intraday Traders

Must be Holiday mode now as late this morning and did not bother with the normal 6 00 am start

Notice we have quite a few red news releases today - first on the UK Pound at 9 30am and then later on the US & Cad Dollar.

Plan to try and get a few hours in this morning and again early afternoon

All FX Input welcome and have a good day

Good Trading


F

 

[Forexmospherian]

EU

7 00 am Update

Topped yesterday at 0983/4 and since then fallen over the last 16 hrs down to 0933 - so an approx. 50 pip pullback

In a bearish PS under 0965/70 with next supports from 0917 to 33

Not scalped it so far - been selling EA and EJ instead on scalps

 

[Forexmospherian]

GU

7 11am

In a bullish PS above 4805/20 area with price so far making 4855

Ideally want to buy again above 4833/35 on a pullback if we don't make over 4857 /60 in one go

 

[Forexmospherian]

EA

7 15 am

So far dropped approx. 100 pips from it yesterday's afternoon high

Supports next from 5055 to 5080 - I will look to see if we can get some scalp buys in around that area but have been selling from after 6 43 and 51 am so far

 

[Forexmospherian]

EJ

7 23am

This pair like other euro crosses as been bearish - dropping approx. 60 pips from its yesterday afternoon 's high

Supports next at 132 10 / 15 - its whether they can hold to look at if we can line up a scalp buy

 

[Forexmospherian]

EJ

7 23am

This pair like other euro crosses as been bearish - dropping approx. 60 pips from its yesterday afternoon 's high

Supports next at 132 10 / 15 - its whether they can hold to look at if we can line up a scalp buy

EJ

7 33 am

We could not get under 20 so scalp buy from 7 30 am now

Would need over 37 to stay with buys

 

[Forexmospherian]

EA

7 15 am

So far dropped approx. 100 pips from it yesterday's afternoon high

Supports next from 5055 to 5080 - I will look to see if we can get some scalp buys in around that area but have been selling from after 6 43 and 51 am so far

Dropped scalp sell at 5090 after a 85 low as like EJ turned scalp buy from 7 30 am

Bounces staying under 5108/10 for now are still sells again - depends on time rules on low next

 

[Forexmospherian]

GU

7 11am

In a bullish PS above 4805/20 area with price so far making 4855

Ideally want to buy again above 4833/35 on a pullback if we don't make over 4857 /60 in one go

GU

7 52am

Still struggling to make over 4860 - its moved up approx. 14 pips this hr and still in a bullish PS and still a scalp buy over 52 atm

Unless we make over 65 and 69 next - more than likely we will get a larger pullback

 

[sun11]

Good morning...how about EA ? Currently 30 Minutes from the low 5085.
It will be good to buy now or buy above 5104 ?