A Master Class in FX Intraday Trading by F & Co

[Forexmospherian]

EJ

6 53am

In a bearish PS for am session under 128 00 and it did make another new low overnight around 127 33 area

For now pullbacks staying under 127 75 are just sells again

 

[Forexmospherian]

EU

6 45am

Price around 0750 - with a 0710 low and needing over 0780 and 0800 to go back into a proper bull price structure bias

Last scalp sell from 6 30 am at 0753/4 area - 0741 to 43 is first interim supports

Need under 0730 and 0710 to stay with sells really - otherwise range up to Opens

EU

7 06am

Scalp sell from 0753 still in play and price now under 0743 and 41 and down at 0735/36

Bounces staying under 44 are scalp sells again

 

[Forexmospherian]

GU

6 49am

In a bearish PS for session under 4680 - with a low so far at 4640

last interim low at 4648 area as just gone over 30 mins with no breach

Is it the HL and now should we be scalp buying above 4851/ 53 area ?

With out a scalp buy making over 75 and 80+ we will have to sell it again - but lets see if we try next up

GU

7 09 am

No attempt at 75+ and 7 00 am onwards was a scalp sell - similar to EU

 

[Forexmospherian]

GU

7 09 am

No attempt at 75+ and 7 00 am onwards was a scalp sell - similar to EU

GU - noticed it took 53 mins to breach the previous interim low

30 mins held - but no new HH etc and then last 10 mins seen the fall

Bounces staying under 56/7 are sells again now

 

[Forexmospherian]

Good Morning FX Intraday Traders

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EA - 6 23 -25 am at 5102 to 5 was the last scalp buy - that pairs already moved up 70 pips in approx. one hour - what a mover

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F

EA

SO far over the last 45 mins - this pair as been a scalp buy 3 times above 5100

It just tipped 40 once and then other two times it tops out at 22 to 24 area

We would need to see a fall under 5090 to start looking more at scalp sells - ie new ones or holding any under 5120

Above 5130 and 40 - then just more scalp buys

 

[sun11]

Any chance of EU being around 1.0709 ?

 

[Forexmospherian]

Any chance of EU being around 1.0709 ?

EU

ITS 0728 atm

supports from 0720 area - but yes it could go lower - but can easily bounce as well above 0718 / 20 back up to 33 and then try lower again

While we now stay under 0739 - then it still sells atm

 

[Forexmospherian]

EU

ITS 0728 atm

supports from 0720 area - but yes it could go lower - but can easily bounce as well above 0718 / 20 back up to 33 and then try lower again

While we now stay under 0739 - then it still sells atm

I will post my chart Sun along with how you should have played it etc etc next - no problem

 

[Forexmospherian]

EU - Set Up after 6 30 am today

EU

7 45 am

This charts showing what we look for

LiTs area was above prices and price structure was bearish under 0760

So we prefer to look for scalp sells than buys and so ideally after 6 30 am and 7 00 am you sold

 

[sun11]

I will post my chart Sun along with how you should have played it etc etc next - no problem

My Sell position from EU from 32 is closed with 7 pips profit on real standard account. If market really needs to go around 09 then it should be in next 60 minutes. But if not then perhaps a BTTZ zone.

 

[Forexmospherian]

My Sell position from EU from 32 is closed with 7 pips profit on real standard account. If market really needs to go around 09 then it should be in next 60 minutes. But if not then perhaps a BTTZ zone.

Would agree with you Sun

With London opening in about 10 mins - we might get false moves next - but PS is bearish and first signs of that changing would need us seeing over 0740

 

[Forexmospherian]

Its worth noticing as well how weak euro is atm - as EA and EJ both seeing falls

 

[Forexmospherian]

GU

7 09 am

No attempt at 75+ and 7 00 am onwards was a scalp sell - similar to EU

GU - noticed it took 53 mins to breach the previous interim low

30 mins held - but no new HH etc and then last 10 mins seen the fall

Bounces staying under 56/7 are sells again now

GU

7 56am

Now down at 4639 area

We would need to see a bounce back over 4660 for a change in bias for now

Supports at 4630 and 20 and bounces staying under 52 still sells again - but of course watch 30 min rule next on new low

 

[Forexmospherian]

Question for Sun on EU

its made 0720 - would you have scalp bought after 7 51 am at say 0722 area

If not - why not ??

 

[sun11]

Would agree with you Sun

With London opening in about 10 mins - we might get false moves next - but PS is bearish and first signs of that changing would need us seeing over 0740

yes the special movement is just started.

 

[Forexmospherian]

Hope to be back again before 8 45 am

See you in a bit

GL guys

 

[sun11]

Question for Sun on EU

its made 0720 - would you have scalp bought after 7 51 am at say 0722 area

If not - why not ??

yes sorry I missed this one...thought a correction....now its too late to enter.

 

[Forexmospherian]

EU

7 45 am

This charts showing what we look for

LiTs area was above prices and price structure was bearish under 0760

So we prefer to look for scalp sells than buys and so ideally after 6 30 am and 7 00 am you sold

EU

8 47am

UpdateD chart

 

[Forexmospherian]

EA

SO far over the last 45 mins - this pair as been a scalp buy 3 times above 5100

It just tipped 40 once and then other two times it tops out at 22 to 24 area

We would need to see a fall under 5090 to start looking more at scalp sells - ie new ones or holding any under 5120

Above 5130 and 40 - then just more scalp buys

EA

8 50 am


Missed out on buys whilst I have been out

So far its made 5168 and I hope you looked at buying over 5130 and 40 - as you could have had another 20 -35 pips in your kitty

Been in a bullish PS all morning - but did have a pullback when EU & EJ were falling

 

[Forexmospherian]

We have some Pound red news at 9 30 am - so next hr will check out pound crosses