A Master Class in FX Intraday Trading by F & Co

[NVP]

whilst things are rocking the usd has not really breached new highs in last few mins ...........don't think usd is into new bull yet

 

[NVP]

yeeeeeeehaaaaaaaaaaawwwwwww

 

[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

1171 the low now.............and yes have to admit I scalped a little uj in last few mins .hence the yeehaww

 

[NVP]

well the usd still coming north ..............the usd index shows the turn points .........

1 through to 3 .............over about 90 mins .........dependent on your level of risk and need for confirmation.............

now - if you always take 1's you will always get hit more on chops..... but the runs can add easily 10 pips + on any run that develops vs later entries

2 is less chop but less pips on the run out

level 3 is uber safe scalping ..but youve lost possibly up to 15-even 20 pips at times on intial 1 entry levels ..........

so if you are only losing say 2-3 pips max each time you take a punt on level 1 signals .........you can still beat level 2 entry levels as long as you do better than 33% vs level 2 entries .....and you can be at failure rates of 20% vs level 3 entries potentially ............

food for thought..............and if F can get you to 70% success rates on pretty much all level 1 early entries then that's a very decent system !

N

 

[NVP]

ok i'm pretty locked into targets now ..........leaving a little on table

theres 25 pips from usd alone on the bounce from level 1 using aggressive trades.........plenty more adding the jpy , European moves south in those usd pairs....

I didn't attack at that level 1 point (I tend to need a little more proof of reversal) but have still managed to rack up the pips buying usd in pairs ......and that's after having made pips selling usd earlier

a great mornings trading so far ..............back later

N

 

[NVP]

was thast the bid or the offer?

sorry dude .....just read high off the candle ........will take a look in a minute ......gotta make some TC calls first from 9

and late as hell for prep

N

 

[MajorMagnuM]

sorry dude .....just read high off the candle ........will take a look in a minute ......gotta make some TC calls first from 9

and late as hell for prep

N

ty ty

 

[MajorMagnuM]

here is what i have from one provider. unhappy about it

 

[MajorMagnuM]

anyone else prepared to share that data?

 

[Forexmospherian]

anyone else prepared to share that data?

Morning MM

Back now for an hour or so

Got no pressure on as already had a great morning - so what do you want me to do to assist on GU ?

 

[MajorMagnuM]

gu can it really do 5438?

 

[Forexmospherian]

EU

9 41 am

Can it stay above 1162 / 65 area ??

 

[MajorMagnuM]

Morning MM

Back now for an hour or so

Got no pressure on as already had a great morning - so what do you want me to do to assist on GU ?

lease check gu offer pic from last night against your offer data F?

 

[Forexmospherian]

9 43 am

Notice Uchf as tough R at 9365 ish and not be able to breach over last day

Price now at 9756 - so whilst under 66 still in theory a scalp sell - meaning oppositely correlated EU should be a buy above 1165 ish

Thats the theory - now we need time rules and LRs and PA etc and next KT and TW

 

[Forexmospherian]

lease check gu offer pic from last night against your offer data F?

OK - at what time exactly ??

 

[MajorMagnuM]

21:53 our time last night GU spot

 

[Forexmospherian]

21:53 our time last night GU spot

Ok - will do and also do you want a chart on one min

I dont think i can get a t13 back that far now ??

 

[MajorMagnuM]

just the max offers u had at that time. this provider went to 852 and killed my rems. incongruent with other data i have

 

[Forexmospherian]

21:53 our time last night GU spot

Data info

spread about 0 8 of a pip I believe

Will show 1 min chart

 

[MajorMagnuM]

Data info

spread about 0 8 of a pip I believe

Will show 1 min chart

and is that the highest bid or offer?