A Master Class in FX Intraday Trading by F & Co

[liver1234]

Morning forex the Euro has moved quite a bit.Some resistance at 1220

 

[Forexmospherian]

EU and EA

6 24 am

Shame EJ was not in sync - but other 2 scalp buys after 6 07 am - OK 6 09 am if we went by the book - but LR cross on EA was 6 05 and on EU 6 07 am

Both in bullish LiTs for now - that EA is a right mover 31 pips against EU 8 pips

OK onto LiTs for main 6 pairs

 

[Forexmospherian]

Morning forex the Euro has moved quite a bit.Some resistance at 1220

Morning Liver

Yes nice move up and first R's at 1220 is and first interim Supports at 1205 and 1210 areas

Its bullish for now - but it will all depend on strength of both levels - ie we need over 1220 and 30 to stay with any scalp buys

Under 1208 and 1203 then time for scalp sells to test 1195 to 1200 first

GL and have a Good Day

Regards


F

 

[Forexmospherian]

LiTs areas for main intraday FX pairs as at 6 35 am ish


EU - 1175 - 1200

GU - 5275 - 5295

UChf - 9750 - 9735

UCad - 3305 - 3295

UJ - 119 40 - 1199 20

AU - 6935 - 6948

 

[Forexmospherian]

EU

6 32/ 33 AM and 1220 - STOPPED

LR cross over on 2 quickest and 1218/9 scalp sell

 

[Forexmospherian]

We need to stop above 1207 / 09 to look for more buys on EU

 

[liver1234]

Yes i agree break below sell

 

[Forexmospherian]

GU

6 39 am

Had been a scalp buy after 6 00 am but had preferred the EA and EA sync double

Shame as did not enter any more on GU - already got one partial left on from yesterday evening

Its moved up now to 5350 - strongly bullish - but I would expect some pullbacks soon

Must check next R's

 

[sun11]

Hi F,

UCAD already broke the LitS area

UCad - 3305 - 3295

So does it means more further downward movement?

Regards

 

[Forexmospherian]

Yes i agree break below sell

Its still a scalp sell atm as 1220 was also a LH to 1222 earlier on and ABC or 123 pattern on way down

key is under 1205 and 1200 then - but both might stop it

GL

 

[Forexmospherian]

EA

6 45 am

will do LiTs area next on this pair and 2 others

The cross over on quick LRs was a multi cross at 6 31 am - i can see why Nick likes it

so from 6 31 am to now 25 pips if you were quick 18 -20 if slow - like me this morning lol

 

[Forexmospherian]

Hi F,

UCAD already broke the LitS area


So does it means more further downward movement?

Regards

Morning SUN

Expect pullbacks - but if they stay under 3300 then expect more falls again

Would need above 3306 and 10 for PS to move up tp bullish - then favouring buys more

Atm it favours scalp sells more than scalp buys - as shown by dollar weakness overnight and moves up on EU / GU etc etc

Have a good day Sun

Regards

 

[Forexmospherian]

LiTs for some "beast" FX pairs as at 6 53 am

GJ - 182 10 - 182 40

EA - 6060 - 6095

EJ - 133 20 - 133 35

 

[Forexmospherian]

6 57 am

Be careful of spike at exactly 7 00 am and 8 00 am off opens

EU now at 1203/4 - will take 70% off

 

[Forexmospherian]

Out today from after 8 05 am to maybe 9 15 am ish#

Then around most of morning and will get 2-3 hrs in the US session

No major red news releases - so cherry picking times etc

 

[NVP]

good morning all

the usd has come out of the Asian session very vey bear ........still falling so I am playing easy sells on usd until I see it bounce...

you can see the big bad support level on my chart

good hunting ...today looks volatile and has been double the Range of yesterday already

 

[Forexmospherian]

7 02 am

EU was a multi cross scalp buy at 1202

Would need to see over 1212 and 15 to stay with buys

Need under 1197 and 92 to sell more

 

[Forexmospherian]

good morning all

the usd has come out of the Asian session very vey bear ........still falling so I am playing easy sells on usd until I see it bounce...

you can see the big bad support level on my chart

good hunting ...today looks volatile

N

Morning N

You too have a great session


Regards


F

 

[Forexmospherian]

Always find it amusing when i see the EU and UCad in sync on scalp buys

Shows somebody (s) having a play - with devious intentions

 

[Forexmospherian]

7 02 am

EU was a multi cross scalp buy at 1202

Would need to see over 1212 and 15 to stay with buys

Need under 1197 and 92 to sell more

Bu88er

i am 1 min out on this call - so it not in advance

The fact that the EU goes up 11 pips after I made it therefore is irrelevant - yes those alternative fans must be right - I have not got a clue