A Master Class in FX Intraday Trading by F & Co

[Raja1977]

Hi Raja

Just got back to my desk and about 20 mins late

Will do a quick update in a few minutes

Regards

F

thank you i will wait but plz do not late, i had some loss yesterday. so i wanna recover today with your help. actualy after 1.30 hour i will go to job. from office i will not able to trade from there

 

[Forexmospherian]

We need to see over 4460 to look at taking new scalp buys on the GU - otherwise the range is from 4400 to 4445 area for now

EU - under 1215 / 20 - bearish but supports have held at 1260/ 65 area - so a 50 pip range - needing back over 1290 and 1215 to scalp buy and under 1260 and 55 to scalp sell

 

[Forexmospherian]

morning all. last week was down for me, i had the -20 on monday, then tues/thurs I took it very slow and only took 3 or 4 trades for about +4. with commissions last week I was -20.

yesterday I was still taking it kinda slow, I took about 5 trades, and was +15 (after commissions). So I have made a little back.

Hopefully I will have a positive day today 👍

Morning PP

Glad to hear you were OK and positive yesterday

Today was good pre LO but only just got back last 15 mins and boring atm

Have a good day and I plan to try and get 2 hrs in before Lunch time and then 2 hrs + after 2 00 pm

Regards


F

 

[PipsterPipstoffelees]

Wish I had got up a few minutes earlier, I just missed a short on the AJ, two trend lines at the 81.00, plus many LRs @ 9:39. I signed on at 9:37, didnt want to jump in immediately .... 👎

It has reversed a bit now but there was 20 pips up for grabs

 

[Forexmospherian]

Wish I had got up a few minutes earlier, I just missed a short on the AJ, two trend lines at the 81.00, plus many LRs @ 9:39. I signed on at 9:37, didnt want to jump in immediately .... 👎

It has reversed a bit now but there was 20 pips up for grabs

That was a nice set up PP

A new interim high and the quick pullback after trying to get more bulls in

Also if you stick a tight trendline on the move up that would also help with your clues as well as the time window and the LR crossovers

I agree with you - after just logging in you need 5 -10 mins to adjust and check things out before jumping straight in

Its a pair I don't normally cover - purely because I am so used to the EJ / GJ / UJ set ups instead - but AJ still a nice mover

👍

 

[Raja1977]

We need to see over 4460 to look at taking new scalp buys on the GU - otherwise the range is from 4400 to 4445 area for now

EU - under 1215 / 20 - bearish but supports have held at 1260/ 65 area - so a 50 pip range - needing back over 1290 and 1215 to scalp buy and under 1260 and 55 to scalp sell

plz correct EU price 1190-1215 and 1160-1155

 

[Forexmospherian]

10 00 am on EU was a scalp buy

Will show set up on the t4 tick chart - only been testing it today as normally I use the t13 or t21 on ctrader

 

[Raja1977]

10 00 am on EU was a scalp buy

Will show set up on the t4 tick chart - only been testing it today as normally I use the t13 or t21 on ctrader

atm EU trade around 1190, can we scalp buy

 

[Forexmospherian]

10 00 am on EU was a scalp buy

Will show set up on the t4 tick chart - only been testing it today as normally I use the t13 or t21 on ctrader

EU - T4 TICK Chart

10 oo am on the dot was scalp buy and after 10 05 am was a scalp sell back down

Like 30 pips available in under 10 mins

If you got anything from 15 to 25 pips - that's true scalping off a tick chart and would be classified as excellent

 

[Forexmospherian]

atm EU trade around 1190, can we scalp buy

EU is in a range - so really its all down to whether you can scalp off a tick chart of a 1 min

A 5 mins or above would be too slow and need a stop under 80 on buys

Above 1195 and 1200 is buys - but then R's at 1205 to 1215 that might end up being a sell area

Its all down to how confident and skilled you are at scalping

Its easier out of the range - but then you have to wait

Normally after 10 00 am UK to midday can be slow boring and BTTZ times - all designed to trick you

 

[Forexmospherian]

10 20 AM

above 87 on EU is a scalp buy atm

 

[Forexmospherian]

Atm 93 is a LH again so unless we go over 95 + we will test 87 and lower and then under 80 is back to scalp sells - its that fast Raja

 

[Raja1977]

Atm 93 is a LH again so unless we go over 95 + we will test 87 and lower and then under 80 is back to scalp sells - its that fast Raja

i bought eur at 1190 ans stop is set at 1180

 

[Raja1977]

where would i exit if it rise

 

[Forexmospherian]

i bought eur at 1190 ans stop is set at 1180

If we drop under 86 and 84 - then It will more than like hit your 80 stop

If we stay above 87 and make over 95 - then you are OK

What u have taken is too risky for me - too large a stop on a set up only 50/50 probability for now - but GL

 

[Forexmospherian]

EJ a better scalp buy from 3 mins ago

 

[Raja1977]

If we drop under 86 and 84 - then It will more than like hit your 80 stop

If we stay above 87 and make over 95 - then you are OK

What u have taken is too risky for me - too large a stop on a set up only 50/50 probability for now - but GL

what will be the clear buy zone area for eur

 

[Raja1977]

as per your formula EU break above previous high in 30 min

 

[Forexmospherian]

If we drop under 86 and 84 - then It will more than like hit your 80 stop

If we stay above 87 and make over 95 - then you are OK

What u have taken is too risky for me - too large a stop on a set up only 50/50 probability for now - but GL

EU

so far made 1198 - so OK and stayed above 87

So up approx. 7 pips net

Meanwhile EJ up 26 pips

 

[Raja1977]

what will be the clear buy zone area for EU