A Master Class in FX Intraday Trading by F & Co

[Forexmospherian]

EU

Low so far at 1148 at 7 03 am

I had a scalp buy cross after 7 04 am

Will post a chart to show etc next

 

[NVP]

Confused here N on what you are seeing

I have GU as a strong sell under 5385 area ??

That's for now - OK might change after TW etc

agreed...........GU got rejected ...........usd not selling and Europeans not buying yet

N

 

[NVP]

have now gone bull on eu ..............lets see if I have nailed the bottom

 

[NickBk]

EA

7 02 am

Nick's favourite - and really it should be mine

Its already fell over 55 + pips from 6 09am - and here's me playing with EU and EJ and they are just so small movers in comparison

Nick's right - we should all look more at this pair - catch it correctly and it will really help you make your pip targets - with not too bad a spread

Again just keeps giving the moves with many more pips.

 

[NVP]

got in around 54/55.............a little aggressive but lets see if I can gat a little usd bear action here ............may have to concede into the rising usd ........

 

[NVP]

got in around 54/55.............a little aggressive but lets see if I can gat a little usd bear action here ............may have to concede into the rising usd ........

1161 ......65 would be a real bonus as i'n skating on ice here

 

[Forexmospherian]

EU - chart this morning so far

EU

1 min LR chart

I scalp sold around 6 28 am and scalp bought at 7 04/5 am ish for now

OK not exact KT's but in TW's and on LR cross set ups with PA action

 

[sun11]

Its seems like EU broke above your SL.

Are you bullish now on EU?

 

[NVP]

taken 70% already

 

[NVP]

EU

1 min LR chart

I scalp sold around 6 28 am and scalp bought at 7 04/5 am ish for now

OK not exact KT's but in TW's and on LR cross set ups with PA action

not perfect at all F............just got frustrated as GU didn't deliver a trade signal for me :whistling

 

[sun11]

Its seems like EU broke above your SL.

Are you bullish now on EU?

Ok. Got my answer..

 

[NVP]

usd is really a bull play at moment so a handful of pips on EU is against the trend and I should be focused elsewhere

ok head down back later

 

[Forexmospherian]

Yes Sun atter 7 05 am on EU was a scalp buy

But now we need to watch 30 / 35 min time rules

Thats at a later stage etc - but you will be learning that more in next few weeks

If EU drops under 45 and 40 - I would look at scalp sells buy above 50 and 54 it favors scalp buy

GL

 

[Forexmospherian]

Out today at 8 10 am and back after 9 15 am or so

Also out again around 10 am for an hour

Other than that - around intraday trading for at least 5 hrs today

 

[Forexmospherian]

GU

7 23 AM

5369 low so far atm

It was anice scalp sell after 6 30 am around 84 -86 area - and I missed it for a start

Thanks to N - I then looked at it more and started selling a few pips lower

We have had a scalp buy bounce at 7 21 am from 5370 - but under 82 still bear bias

 

[sun11]

My EU chart. It seems like lots of fight over that zone.

 

[Forexmospherian]

Yes Sun atter 7 05 am on EU was a scalp buy

But now we need to watch 30 / 35 min time rules

Thats at a later stage etc - but you will be learning that more in next few weeks

If EU drops under 45 and 40 - I would look at scalp sells buy above 50 and 54 it favors scalp buy

GL

EU

7 26 am

So far bounced about 14 pips

the real key is 66 to 72 area

I expect to be able to sell again under 72 - but if we go over 75 and then pullbacks stay above 55 - we could have a turn taking place - also dont forget time rules

 

[Forexmospherian]

EU

first pullback after 7 25 am - so far interim high off scalp buy only 64

Not scalp sold for now

Just waiting another 6 - 9 mins - as then that confirms supports are holding around 50 / 55 for now

 

[Forexmospherian]

EU

7 30 m

range 1148 to 65

either side - above 65 and 72 favours more scalp buys etc

Under 48 and 45 within next 7 mins would favour more sells

 

[Forexmospherian]

Excuse me for 10 mins or so