A Master Class in FX Intraday Trading by F & Co

[Forexmospherian]

GU

7 11 am

All I can say about this pair is - its bullish - but having a problem at 5350 ish - and as I type it get above to 5356 ish

 

[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

EA

7 14 AM

From 6 31 am to now - ( always need to leave a partial on this pair ) it dropped approx 43 pips

 

[NVP]

gu has been kind .....see where I have been working the signals

that's a 9 , 18 , 37 LR with my 2 indexes GBP and USD underneath

i'm fusing most of Forexmosperians technique with my strengthmeter based systems

N

 

[Forexmospherian]

EJ

7 16 AM

Not mentioned it too much was out of sync on my first scalp sells

7 00 am onwards it joined EU in a scalp buy

Missed first 8 pips of it - but when I post the chart next - you can see why its been my favourite intraday pair for a long time

Chart to follow

 

[Forexmospherian]

gu has been kind .....see where I have been working the signals

that's a 9 , 18 , 37 LR with my 2 indexes GBP and USD underneath

i'm fusing most of Forexmosperians technique with my strengthmeter based systems

N

That looks OK N

You might need to add a few LRs for price structure later on - but as long as it can assist with your readings - all the better

Wait to you see the EJ from 7 00 am on my chart - poetry in motion

 

[NVP]

this is easy so far today - maximise the pip count

 

[Forexmospherian]

EJ - 7 00 am move of the morning

EJ

1 min LR chart

Called the EU scalp buy after 7 00 am at 7 02 am

Missed the first 8 pips of the EJ move up above 51 - but so what it went up over 50+ pips

Thats the type of scalp we want in 15 mins

Notice also about LiT area

Maybe a 80% + probability that should rise more after 6 30 / 7 00 am

And - did it

 

[Forexmospherian]

OK

7 25 am

that's it - me done for day again

Time to relax now - and just play on lower stake sizes for rest of day - and not give back more than 15 pips off were I am already.

Entries will all now be under 3 lots - but would always add more once stops in profits

Remember am out 8 05 am to about 9 15 am as well

Need another cup of tea now - its been a very busy early 90 mins

 

[Forexmospherian]

EJ - now up over 80 pips from after 7 00am

Even EU up 24 pips from my scalp buy

Now on partials atm

 

[sun11]

What a break out on UJ! Just wanna know how far?

 

[Forexmospherian]

UJ -

7 31 am

Been the odd pair out compared with UCad and UChf

Yen must be super week at GJ / EJ / UJ all been rising

Back in 15 mins

 

[Forexmospherian]

What a break out on UJ! Just wanna know how far?

Yen very weak

If in it Sun - get some stop in profit - or trail it by what ever ie 7 pips or 9 pips etc

Pullbacks staying above 119 45 / 48 are just buys again anyway for now

 

[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

UCad

now down at 3270 area

I hope you made a few on the fall under 3290 Sun

 

[sun11]

UCad

now down at 3270 area

I hope you made a few on the fall under 3290 Sun

That's a great example. But unfortunately, i was trading with UJ that time.

So missed it.

 

[Forexmospherian]

Drinking my cup of tea and thinking - again the market does the unexpected on a quiet Tuesday AM

I am sure its got something to do with China again - but not had time to read news updates etc

We will probably get an early boring period soon - or some retraces etc - before more action

Just pleased I was here to take the opportunities etc etc

Will just see 8 00 am LO action for a few mins and then out for over 75 mins

Stay focused - protect you gains - watch the clock and remember the time rules in FX

 

[NVP]

usd came south again around 7.36.......nothing really bit that well from my stable ......aussies better

keeping on the sells but momentum has slowed

N

 

[Forexmospherian]

That's a great example. But unfortunately, i was trading with UJ that time.

So missed it.

No problem - yes stay focused on one pair etc - before moving onto scalping 2 or 3 pairs simultaneously etc - that will be about stage 5 I think

Speak to you later Sun - like those 7 sins you have commented on in your thread

 

[NVP]

alert

massive bull pressure coming into 8am bar ............protect gains

 

[NVP]

euro is the prime sell into usd bull so far ......if anyone got 1210 on that for entry you need a medal......1220 and you have a crystal ball

 

[Forexmospherian]

Just noticed EA down approx 100 pips from 6 30 am scalp sell area

I had a partial left on - nearly forgot about it as well with all the actions going on EU / EJ / GU / UCad /UJ etc