A Master Class in FX Intraday Trading by F & Co

[Forexmospherian]

Re MM & Nick

Hope you got some of the GU rise - or even better - a Lot of it - now up nearly 70 pips from over an hour ago - although 50 pips in 10 mins or less was the part we wanted

I always seem to think sometime between say 10 00 am UK time and lunchtime is slow - but then it was for maybe 40 mins or so - then it all kicks off

PP

Step by step - as NVP mentioned to Sun earky on this morning - its OK for us traders who have been doing it 10 + year - but to learn a new complex method like mine- yes you will get the basics of the method in easy 3 -6 months - but then it might take another 6 to 18 months to get it to a really high level

It certainly does not happen over night or within a month - thats maybe why most traders give up etc or fail - but like any skill - its possible with dedication and study - patience - discipline - etc - etc etc

Its not easy or simple - but its well worth all the frustrations when you do then get a a good level and start seeing consistency etc etc


Regards


F

 

[Forexmospherian]

Hi Guys - Nick - MM and PP

Been popping in and out my home office trying to get some trades in last 45 mins or so

Noticed comments on GU - but seems to be in a BTTZ between 4303 - 4320 ish - so only about 20 pips range

However - my least favourite pair to scalp woke up after 10 00 am and 10 09 am - but I only joined the party at 1133 just before 10 20 am ish

Lovely scalp sell set up on the EU tick chart

See below

EU

11 26 AM

Now dropped over 30 pips from then and approx 20 pips for me off a late entry

 

[sun11]

you will find your way Sun.......don't worry ...........do you think some of us cracked it in under a year or so ? ......hahahahaha it took years for me ..........and with a lot of help from great people..... like those on this thread for example !! :smart:

N

Glad you share your honest view. At first I was thinking that I might need high IQ level to get it done in less than a year. I am now exactly, 7 months & few day under this training. So your comment is giving some water to a dead tree like me...👍

 

[Forexmospherian]

sorry i meant 4392.

I reckon 4380 to 4410 is all R area - so hope to sell from somewhere in that range - if it all line up etc etc


GL

 

[Forexmospherian]

Glad you share your honest view. At first I was thinking that I might need high IQ level to get it done in less than a year. I am now exactly, 7 months & few day under this training. So your comment is giving some water to a dead tree like me...👍

Hi Sun

I appreciate you had been trading prior to going over to my method - but 7 months is still only a short time - and if anything - you cracked it 3 months ago on Demo account - its just live account that sends you all out of sync and then your emotions take over your trading logic - and end result - rash wrong decisions etc

I am 100% certain you will get there - as long as you stay disciplined and keep your emotions under control - as you did for either 3 or 4 days on the trot during this last 10 days or so

Nick and NVP are correct with the assessments - it takes time - and think more about your daily plan

Scan your main pairs and find out which pairs look strong or weak etc - is dollar strong or not

Think that somedays from 5 00 am UK to 7 00 am UK - it can be great for scalps - other days - its just too slow or manipulated

7 - 9 am UK time is the 2 Opens out the way - its busy time - tricks and good moves take place - be there to take part - but focus - even if just on pair not trying 2 or 3 pairs - leave that until you are confident

Get your "wrap " levels either side LiTS for prices to buy above and prices to sell under etc etc

Great eaxmple on GU from 10 51 and 11 am UK time - we did a B/O above 4320 /25+ and shot up then for 10 mins

You have to be in it - to win it - but remember - we will never get 100% win ratios - anything from 60 to 80% consistently is enough and very good

Get out bad trades - ASAP

You can always reenter - if it then goes your way

Stay out of BTTZ area - like on GU an hour before it b/o

Have a plan - think time windows etc etc

Its a lot to take in - but like anything - its all possible - and you have the IQ to do it - no problem - just control your emotion urge - to scalp like mad - sit on your hands - and think - I am in control - I can do it

AND YOU WILL


Regards


F

 

[Forexmospherian]

Sun

Also - forgot to mention trendlines - they are great for complimenting LR's and time windows etc

Please keep using them to try and help you get your levels for wrapping - ie both static horizontal and dynamic - but remember horizontal are always stronger than dynamic - 90% of the time ;-))

 

[Forexmospherian]

GU

11 49am

4350 to 4380 - 30 pips is a BTTZ tease zone

Maybe after Midday we might get a proper move then - I hope ;-)

 

[sun11]

Sun the whole point is not what you pick and not to trade blind ahead of the opens but to get the start of a move from the crossovers and stay with it.
As F, I think says, you are like a scattergun running after a tiny few pips. You are way ahead of London time, like me and there have been numerous small risk, big reward trades in the last 4 hours.
I am not sure if you do not have enough screens or do not scan the usual pairs or even look at a big enough screen but you must be tired to not progressing by now and take some bigger view and get some patience.

I generally monitor 4-5 pairs. But I don't take 2 trades simultaneously with different pairs. Just one pair at a time. Not that expert yet. So current screen size is ok.

When I was trading today morning, It was EO, yes not LO. I got it, EO time is not good enough for me. That's why just look one trade.

Reason why EJ was bad choice at the morning & good choice few minutes before.

 

[sun11]

Hello Peter,

Thank you for your support. Something is changing now, as now I give break between 2 trades & a reasonable break.
Also active during midday. Yes I do need few more months to get there, at least to maintain proper course.

I am currently looking at GU. Its 45+ Minute up in a range. Could it fall? I feel so..but can be wrong though.

Regards

 

[Forexmospherian]

Hello Peter,

Thank you for your support. Something is changing now, as now I give break between 2 trades & a reasonable break.
Also active during midday. Yes I do need few more months to get there, at least to maintain proper course.

I am currently looking at GU. Its 45+ Minute up in a range. Could it fall? I feel so..but can be wrong though.

Regards

GU is in a BTTZ tease area

We need over 85 and 89+ to carryon scalp buying

BUT really we can only sell under say 48 and 43 - as 50 to 60 is all supports

So yes lots of more scalps possible for 5 -15 pips

BUT

for the real moves - the 20 - 50 pip in 15 -30 mins - we need to come out the BTTZ##

Personally - I will post my tick chart- its just resting - whilst the market makers and LP check were all the money is - and would would make them th most money next

Dont get sucked in for now ;-)

 

[Forexmospherian]

GU

12 13 pm

Tick chart update and wrap areas outside zones

 

[sun11]

GU is in a BTTZ tease area

We need over 85 and 89+ to carryon scalp buying

BUT really we can only sell under say 48 and 43 - as 50 to 60 is all supports

So yes lots of more scalps possible for 5 -15 pips

BUT

for the real moves - the 20 - 50 pip in 15 -30 mins - we need to come out the BTTZ##

Personally - I will post my tick chart- its just resting - whilst the market makers and LP check were all the money is - and would would make them th most money next

Dont get sucked in for now ;-)

Got it, i guess then need to wait. They started the frying process already.🙄

 

[Forexmospherian]

GU

12 17pm

4363 to now 86 was a scalp buy on a tick chart - BUT - I would not recommend it to any scalper unless they have a few yrs of scalping behind them etc - its just risky - Ok if you are well in the money - but not worth risking 3 or 5 pips on risky tease range

Now we need to stay above 76 on pullbacks - and if we do

Then its a buy again

Under 70 and 62 - sells

 

[Forexmospherian]

Major M is after 4392 ish - but I am sure if it make over 4400 he will be delighted

 

[Forexmospherian]

Major M is after 4392 ish - but I am sure if it make over 4400 he will be delighted

GU
#

I had it making 4394/5 and after 12 21pm - key time a scalp sell

I thought 80 would hold first - but its now testing 76

Its so obviously being manipulated here - so be careful

I need back over 87 and 90 to scalp buy again - but cannot sell off to under to under 70 and 63

Tricky - atm

So dont get sucked into the play

 

[MajorMagnuM]

Major M is after 4392 ish - but I am sure if it make over 4400 he will be delighted

hoopla

 

[Forexmospherian]

12 39PM

GU

Under 83 now its still a sell

But 4360 -66 area is a support area

Above 86/7 and 90 - its a buy again

In between - well if already in a sell - get out by 85/ 6 if it happens

 

[MajorMagnuM]

you gotta laugh tho. another call on the thread mods have suggested is a waste of time

 

[Forexmospherian]

hoopla

WELL DONE MM

are fxpro charts are slightly different - I had it making 43946 did your chart show over 93 or not ??

 

[Forexmospherian]

you gotta laugh tho. another call on the thread mods have suggested is a waste of time

You mean Mr C_ V ?

😀