A Master Class in FX Intraday Trading by F & Co

[MajorMagnuM]

Today so far tho

 

[Forexmospherian]

I got another short on but only 5 pips good so far . Will let it run while i go out for a while

I reckon its an ideal time not to be trading atm

All might change after midday - but atm - flat and will wait to when back after 12 30 pm

GL MM

 

[Forexmospherian]

Today so far tho

You cannot knock that off scalping one pair

WD

 

[MajorMagnuM]

you are right, rnaging stuff so off out for a bit

 

[MajorMagnuM]

11 43 am

Only back for 15 mins and then back again after 12 30 pm

GU

Update as I see it

still bearish - under 4215 - but good supports at 4285 - so say 4280 to 90

We need to see under 4280 and 75 to stay with scalp sells under 4290

Need above 4215 and 20 for holding on to ant scalp buys

In between - slow and could end up a BTTZ for now

you mean 4315 not 4215

 

[Forexmospherian]

you mean 4315 not 4215

sorry - correct MM - 4315

Its testing it now

12 27 pm was last scalp buy on GU at 4299

Was not back to take it until 12 39 pm - and now need over 4320 + otherwise its just going to be 5+ pips

 

[MajorMagnuM]

yes iwsh i had scalp bought at 11 14 but i left it alone

 

[Forexmospherian]

I thought there was some red news at 1 30 pm - but NO - not until 3 00 pm and then also at 7 00 pm FOMC

Going to just check twice an hr until after 2 30 pm next

EJ

Just out of interest and for Sun - LiTS at 128 45 - ie above and below on bias

Now like EU and EA its gone up - all been nice scalp buys this last 20 mins

 

[Forexmospherian]

yes iwsh i had scalp bought at 11 14 but i left it alone

4337/8 so far

Got that one right - any time after 12 27 - ie 12 30 even 12 39 pm would have made you 20+ pips

 

[Forexmospherian]

Actually a bit later will post both views on GU

1 on a 1 min chart

2 - other view on a t13 tick

The tick chart buy was a piece of cake - so nice

Sun check it out after 12 27 pm UK time on GU

 

[MajorMagnuM]

4337/8 so far

Got that one right - any time after 12 27 - ie 12 30 even 12 39 pm would have made you 20+ pips

im not so sure. you would at that point be buying in the middle of the lr range and in the middle of the pa range????

 

[Forexmospherian]

actually a bit later will post both views on gu

1 on a 1 min chart

2 - other view on a t13 tick

the tick chart buy was a piece of cake - so nice

sun check it out after 12 27 pm uk time on gu

2 charts

tick view

1 Min View

 

[sun11]

I thought there was some red news at 1 30 pm - but NO - not until 3 00 pm and then also at 7 00 pm FOMC

Going to just check twice an hr until after 2 30 pm next

EJ

Just out of interest and for Sun - LiTS at 128 45 - ie above and below on bias

Now like EU and EA its gone up - all been nice scalp buys this last 20 mins

logged in now. I am late. Missed EJ/EU buy trade. My C trader is crashing. Entered Sell trade on EJ now & got only 1 pip.

 

[Forexmospherian]

im not so sure. you would at that point be buying in the middle of the lr range and in the middle of the pa range????

Its that 4315 price that attracted me

It was a previous high of a range - we knew if we got above there then we should try higher

Also structure on 1 min - 3 HL's and 2 HH's over 90 mins - so by right we should then have a third HH - we got that in end at 4345


That was my thought process - but would have pulled at 5 -7 pips if I would have had to and we had 4300 at the guide line support


Quick lunch - back after 1 40 pm

GL

 

[sun11]

Lost 6 pips on UCad.

 

[Forexmospherian]

logged in now. I am late. Missed EJ/EU buy trade. My C trader is crashing. Entered Sell trade on EJ now & got only 1 pip.

Hi Sun

take it easy being first session on a tick chart

I will be here say 1 40 pm to 3 pm ish - so can help you - you tell me the pair and I will assist etc etc

See you in a bit


F

 

[sun11]

Hi Sun

take it easy being first session on a tick chart

I will be here say 1 40 pm to 3 pm ish - so can help you - you tell me the pair and I will assist etc etc

See you in a bit


F

Thanks F, earned 4 pips with EJ buy.

 

[sun11]

Lost 5 pips & then made 4 pips on EJ tick trades.

 

[sun11]

no idea about EJ what is going to do.

 

[Forexmospherian]

no idea about EJ what is going to do.

Back now for 90 mins

We can bunch the Euro crosses together - and check the comment I said at 8 00 am this morning at start of London Open

That was all based on Lits and bull bias

Choose a FX pair for a tick chart and I will try and assist you on your timing and thought process etc etc