A Master Class in FX Intraday Trading by F & Co

[NVP]

out already ...........staying on GU sell..now 58

eu at at 77 now ..............dammit I get spooked to easy eh ?

right i'm gone gone gone ......late again

N

 

[Forexmospherian]

sold

Morning N


Nice on on GU

I have it bearish now under 72/74 and we can only go back into bull land for session over 80 and 4490

Have a good session - check that EA from 6 00 am to about 7 15 am

Doctors and Dentists later this morning coming up - all check ups from the neck up lol

Regards


F

 

[Forexmospherian]

EJ

7 55 am

That ugly scalp buy as been OK after 7 21 am and 7 30 am as PA improved and so far its made 129 77 and after 7 52 am at 75 area became a scalp sell

129 60 -65 all interim supports area now

EJ

8 04 am

Just testing under 129 60 now at 56

Next supports 50 - 55 but no scalp buy just yet

 

[Forexmospherian]

EA - Last 2 hrs

EA

7 18 am

Still cannot buy this EA at around 5930 or 20 - its still falling ;-)

Pleased for my sells - but disappointed that my first buy areas have not worked atm - still maybe 5900 might work next

EA needs under 5900 and 5885 to sell more - so be careful Sun - supports dont hold next

GL

EA

We stayed above 5900 and 5910 and turned - many clues including 30= min rule

So far bounced up to 43 and mentioned before maybe we might get scalp sells or pullbacks around 50 or 70 area

Its dropped approx 110 pips in just over an hour

Had 20 + mins of teasing and now a 30 pip bounce up - all within 2 hrs

This pair is heaven for my method



Off out soon - see you later guys

Stay focused and Good Luck


Regards


F

 

[Forexmospherian]

As I get ready to leave - been taken out a partial stake on GU sell

Its taken over from EU as the manipulated pair this morning

Its been played with like mad - but that's trading

London boys atm buying it like mad from after 8 00 am

GL

 

[sun11]

I was just 15 minutes late & miss the sell trade on EU from 8:25. :-/
Now in BTTZ zone.

 

[sun11]

Finally EA sell trade from 5870 fetched me 21 pips straight.

 

[Forexmospherian]

Maybe we can sell EA under 5950 or if not there 5970 area

Only scalp sell when all lines up with clues

For now need under 5910 and 5900 to add or take new scalp sells

EA

10 23 am

Comment above from 7 39 am - nearly 3 hrs ago

Yes selling again around 5950 would have been OK

Once under 5900 then more sells

Now down at 5815/ 20

Best trade on partials stakes of the day

Only here for 10 mins - off to next appointment with dentists and back after 11 30 pm time - I hope

 

[sun11]

EA is 50+ minute up from last low..& broke the trendline...still bearish?

 

[Forexmospherian]

EA is 50+ minute up from last low..& broke the trendline...still bearish?

Only bearish next if price makes under 5835 - 20 and then under 5800

Above 5820 supports its trying to turn up with first R's at 5875-90 area

EJ -


Heres a tick chart on a t4 setting with 2 x 12 min scalps - one buy - one sell

Was not here to take the main sell - but there was over 50 pips there and its still a buy now if we can make over 129 55 and 60

 

[Forexmospherian]

EU

Update after 11 30 am

So far its dropped to 1240 support area

I got taken out of a partial stake sell early on this morning - when it did a false move back up to 1300 after it was clear it was a sell under 1290 and 1285

That was pure manipulation - but then its up to us to be aware of it

Now 1240 area as held over both 30 and 60 mins

Besides 1240 we also have 1252 as a support with with R's at 1280

We need to see above 1270 to carry on scalp buying and reallY I would only take new sells under say 47 and 33 and even then we might get retraces that should stay under 52 ish

 

[Forexmospherian]

Finally EA sell trade from 5870 fetched me 21 pips straight.

Hi Sun

That was good

How's your tally atm for the morning session ??


In and around over Midday to 2 pm ish UK time


Regards

 

[Forexmospherian]

GU

11 43 AM

iDEALLY - look to see if we can find clues for a scalp buy above 4495 to 4500 area after a pullback from its 4535 high this morning

 

[Forexmospherian]

EU - Midday Time Window scalp sell

EU

12 30 PM ish

We needed over 1270 and 85 really to carry on scalp buying and this did not happen

We know 1240 and 52 are supports - and ideally as mentioned I would only sell under both and 1230 even

Trouble is when you get a scalp sell set up from 11 51 am from 64/5 area and then a LH and continual after spot on the hour at Midday - then you can guarantee at least a 5 to 10 pip fall

Wwe actually dropped over 15 pips - but anything from 8 to 12 pips would be very acceptable on a 3 or 4 pip stop

Why a 3 or 4 pip stop - thats all you needed - in fact you would not need even 2 pips if your spread is only say 0 5 of apip and you get accuracy on entry


Here's the set up on a t4 tick chart

Its a lot faster than a 1 min- but dont try it until you find the 1 min readable and fairly slow

If you have been used to a 30 min or even 1hr chart - a 1 min chart is like being hyped up on speed for a start - then after afew weeks and months - it becomes slow and after years even boring ;-)


T4 scalp sell set up in time window

Note the traffic light sequence on the sell etc

 

[Forexmospherian]

12 39pm

EU

note what happened after 12 21 and 1230 pm on EU after breaching the TL

Yes a scalp buy for over 15 pips - manic 40 mins for EU

 

[Forexmospherian]

Only bearish next if price makes under 5835 - 20 and then under 5800

Above 5820 supports its trying to turn up with first R's at 5875-90 area

EA

12 47pm

We made 5875 and then after Midday the fall again started from 5870

So far - long time on EA - 45 mins later its dropped 40 pips - but still not really got down to the previous support area of 5815 -30 ish

 

[Forexmospherian]

GU

11 43 AM

iDEALLY - look to see if we can find clues for a scalp buy above 4495 to 4500 area after a pullback from its 4535 high this morning

GU

11 52 am

Just over an hour from above comment

We did not test 4500 or 4495 supports - we turned from 4508 / 10 area and the after 30+ mins with no lower breach - we carried on buying

So far the GU as made 4577

Remember from 8 00 am the London Open saw busy coming in from a low strongly

Was not here for the 9 30 am Pound news = a lot of play to take out weak bulls but from then above 4490 and 4500 ist been buys

Interim supports at 55/57 and then from 4530 / 40 to buy again from if they hold and line up

 

[Forexmospherian]

12 57 am

EJ

we need over over 129 73 and 80 to stay with scalp buys presently in play from 129 40 area

 

[Forexmospherian]

1 00 pm

EU

above 1264 we are still scalp bullish and buys on EU - BUT without going over 1280 + it will fizzle out and then might test 60 supports and even lower

 

[sun11]

Hi Sun

That was good

How's your tally atm for the morning session ??


In and around over Midday to 2 pm ish UK time


Regards

My tally is now +27. But don't want to push much. So closing day.
Had some losses earlier.

Regards
SUN