A Master Class in FX Intraday Trading by F & Co

[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

We never made over 64 and basically 1 00 pm - scalp sell time

Here's the set up on the tick t4 chart

 

[Forexmospherian]

1 30 pm

GU high gone over 30 mins with no breach

Nothing to say it cannot try after 50 or 60 mins once its found a support but worth noting if scalping

 

[Forexmospherian]

1 30 pm

GU high gone over 30 mins with no breach

Nothing to say it cannot try after 50 or 60 mins once its found a support but worth noting if scalping

I note the 1 30 pm 1 min candle was just full of play from manipulation of orders

 

[Forexmospherian]

I note the 1 30 pm 1 min candle was just full of play from manipulation of orders

Scalp buys coming in above 4550 - but this could be again false due to the time window and time rules - GU as had a lot of play today - before and after red news this morning

 

[Forexmospherian]

So far at 1 37 pm - the scalp buy was false - and GU staying with the time rule on high

Too much play and manipulation at the moment to have any certainty on next GU move before 2 00 pm

- so be careful

 

[Forexmospherian]

So far at 1 37 pm - the scalp buy was false - and GU staying with the time rule on high

Too much play and manipulation at the moment to have any certainty on next GU move before 2 00 pm

- so be careful

That 1 30 pm 1 min bar / candle was purely a stop hunt on scalpers and short term traders - ie going up 20 pips in under 30 seconds

The "bar stewards" - but it all part of the game - and thats why you have to be prepared for all this when intraday traders

Now we have fallen over 40 pips from high after 12 51 and 1 00 pm

Hope you got some of them and not stopped out by the one minute 1 30 pm play

 

[Forexmospherian]

We never made over 64 and basically 1 00 pm - scalp sell time

Here's the set up on the tick t4 chart

Now down over 40 + pips from 1 00 pm scalp sell

 

[Forexmospherian]

1 47pm

Busy last 90 mins for me

When and where can we buy the GU again ??

Any ideas etc welcome - I have some but always welcome to hear other views etc etc

 

[Forexmospherian]

1 47pm

Busy last 90 mins for me

When and where can we buy the GU again ??

Any ideas etc welcome - I have some but always welcome to hear other views etc etc

This is how its been falling on the t4 tick chart just over 10 mins or so

 

[Forexmospherian]

1 47pm

Busy last 90 mins for me

When and where can we buy the GU again ??

Any ideas etc welcome - I have some but always welcome to hear other views etc etc

GU

2 00 PM update

4504 first real bounce

That was a 65 + pip drop last hr

4500 and 4490 also both supports

Need to see a run up back over 4520 and 25 for a turn being tried

 

[Forexmospherian]

EU

2 00 pm update

Fell under 1240 to 1222 so far

Bounces under 1250 are sells again for now - but then watch time rules etc

 

[Forexmospherian]

2 08 PM

GU

Still cannot buy it a 4500 atm

still a sell on tick chart atm

 

[Forexmospherian]

2 10 PM

4498 was the low and bounce

Too late and slow to scalp buy it - but tick said still a sell under 4509

 

[Forexmospherian]

Gu - live scalp trades

2 08 PM

GU

Still cannot buy it a 4500 atm

still a sell on tick chart atm

2 10 PM

4498 was the low and bounce

Too late and slow to scalp buy it - but tick said still a sell under 4509

4488 now

 

[Forexmospherian]

2 17pm

Still want to buy the GU again

maybe 4475 or 4480 ???

 

[Forexmospherian]

2 08 PM

GU

Still cannot buy it a 4500 atm

still a sell on tick chart atm

2 17pm

Still want to buy the GU again

maybe 4475 or 4480 ???

Tick chart on GU says under 4492 keep selling

Supports 4475/ 80 and then 4460

 

[Forexmospherian]

Tick chart on GU says under 4492 keep selling

Supports 4475/ 80 and then 4460

On tick 4481/2 the low 83 the HL and scalp buy

Ideally we need over 4505 for a start - whilst staying above 85

 

[Forexmospherian]

Some important US dollar news after 300 pm in a Yellen speech

Both EU and GU just teasing atm - so difficult atm

Case of checking all other action and either sitting on hands or making sure you have any trades with stops in profit - anything from 2 pips to locking in 50 pips + is all OK ;-)

 

[Forexmospherian]

2 38pm

EU scalp buys above 1222 working

GU scalp buys above 83 have not worked - we never made over 4507+ and we went back under 85 to 80

Ok with a 5 pip stop - buy still OK - but I dont even like my scalps going 1 pip negative if they have been already in profit etc

 

[Forexmospherian]

EJ - Scalp sell after 1 00 pm

We never made over 64 and basically 1 00 pm - scalp sell time

Here's the set up on the tick t4 chart

Now down over 40 + pips from 1 00 pm scalp sell

2 43 pm

Now down approx 80 pips but trying to turn off supports etc

Would leave part stakes with stops in profits for news event - even though US dollar not one of the 2 pairs - just be safe