A Master Class in FX Intraday Trading by F & Co

[Forexmospherian]

GU - This Morning from Double Top - Pre Opens

GU

Been nice so far this morning

Mentioned DT early on pre 7 00 am

Since then 70 pip fall - I missed out leaving initial partial stakes on off scalp sell - but have made up for that after 10 00 am

 

[Forexmospherian]

EA

R's at 5780 - then 95 -5800 - all before 5820 area

Interim supports now from 5755 to 60

5795 worked from 11 55 am - as a R and scalp sell

30 pip drop in under 10 mins 👍

 

[Forexmospherian]

GU

Been nice so far this morning

Mentioned DT early on pre 7 00 am

Since then 70 pip fall - I missed out leaving initial partial stakes on off scalp sell - but have made up for that after 10 00 am

We know the GU as been bearish so far today - dropping now over 100 pips

Similar GJ as been very bearish after 10 00 am and another pair with a fall over 120 pips

Set up for me - pure bearish price structure for AM session

 

[Forexmospherian]

1 30 pm News on Euro and US Dollar

so far dollar strength and EU drops over 80 + pips

Back now after 2 30 pm

GL guys

 

[NVP]

hey all

busy but took a look in ..............

Cad has been a demon today ....has blasted the Asian , London and now the US session - BUY
Euro has been clobbered us session..........swissie following
AUD/NZD buys now after decent londons
Yen / GBP / on the cusp for me ......I will look to sell GBP especially if chance allows

USD is net bull but very very flat

cheers all
N

 

[NVP]

going to watch for 2 mins if a scalp coming .........

watching GU sells mainly ......EU sells as well if they come

 

[NVP]

Jeeeeeeeeesss 🙂

 

[NVP]

gbp selling ...............nice !

 

[NVP]

EU coming as well

 

[NVP]

yen selling at moment as main push last 10 mins ....cad the buy

 

[NVP]

keep working these

 

[NVP]

ucad selling

 

[NVP]

ucad selling

cads gone 20 pips north in 10 mins .........👍

 

[NVP]

ok gotta scoot

us has delivered a demon CAD - BUY
AUD/NZD - BUY
Euro has Dumped US ..SELL
swissie / yen are sells

GBP marginal Sell

USD flat .......don't believe more than 10 mins of move ..........its constantly cycling

N

 

[PipsterPipstoffelees]

terrible again for me today, every trade failed -40 pips

I think ive only had 1 or 2 trades that worked this week, I think I am going to have to go back and review my trades and work out my problems over the weekend

hope I can do better next week!

 

[Forexmospherian]

terrible again for me today, every trade failed -40 pips

I think ive only had 1 or 2 trades that worked this week, I think I am going to have to go back and review my trades and work out my problems over the weekend

hope I can do better next week!

Hi PP

Sorry to hear about a bad session

You need to do a review on every scalp and ask questions like

Did i get direction for that 15 -60 mins correct - but needed an extra 5 or 10 pip larger stop ?

Did I just get directions wrong and the moves went - 15 -50 pips or whatever the other way ?

Am I getting the interim levels ( S & R 's ) correct?

Is it total bad timing - or false set ups catching me out ??

Am I making 4 - 10 pips but holding on for 15 -25 pips and ending up getting stopped out ??

Loads of questions etc you need to ask - plus then go back to basics - are you comfortable on a 1min chart yet ??

What pairs are you finding the most difficult or non rewarding ??

Etc - etc - then also get your stats to check out your first 100 and 250 scalp results

Regards


F

 

[Forexmospherian]

EA

9 00 am update

This pair never amazes me now - its movements are just brilliant

ie this morning from 6 30 am - 80 + pip up - then 130 pips down - now since after 8 21 am another 60 pips up

Total 3 main moves over 2 and half hrs - 270 pips - OK - if we catch 50% not bad - but anything under 30% of that movement - then you are just not tuned in

Here's the 1 Min LR Chart - with main LiTs scalp line around 5820 area

EA

8 08pm

Just checking out the day

Any partial left on any sell under Scalp LiTs of 5820 could have made you 350+ Pips

After 1 30 pm news - Euro dropped again and the EA ended up with a low of 5450

To make it then better after 5 00 pm - it then went back up 150 pips


This pair alone today as moved well over 550+ pips - just getting a third or half on partials would have really helped with your tally

 

[Forexmospherian]

Friday 22nd January 2016 - European Open @ 7 00 am UK

Good Morning FX Intraday Traders

Last trading day of the week and busy on the news release side - with red news on EU at 7 45 / 8 00 and 8 30 am this morning

Normal stuff - plus all FX inputs on charts and forecasts welcome etc

Around at least 90 mins this morning and then plan to cover another 3 to 4 hrs over the course of the day

Have a good day

Regards

F

 

[Forexmospherian]

EA

7 00am

The last 45 mins on EA as been a good one - scalp buy from a KT at 6 21 am at 5405 and then a scalp sell after a 47 high - that did not line up with a KT but was perfectly lined uo back under 42 and 40 just before the start of the 7 00 am time window at 6 49/50 am

Any bounces now staying under 5445 are sells again for time being - until a new low hold 30+ mins

 

[Forexmospherian]

EU

7 05am

Like EA - in a bearish price structure for AM session under 0850 - and a nice scalp sell after 6 49 / 50 am and from under 0836

0820 and 0800 are next interim support areas