A Master Class in FX Intraday Trading by F & Co

[sun11]

Hello F and all senior students

I was reading old posts and "Sun" journal but till now I'm a bit confused about this method because a didn't still understand the rule for when to enter the trade.
Please see attached screenshots (EURUSD 1m chart UK time).
About the vertical lines we have cross over between the fastest LR.
As you can see, after 19:33 we have had 8 crosses.
How to judge which cross is good to enter the the trade?

Thanks
Merka

Hello Merka,

To judge good cross, you need other longer lrs, it will tell you which is one good cross. The chart which you have posted 1st one is in the range & Second is triangle chart pattern.



Regards

 

[NVP]

morning all

ok got some time in to trade so far today

heres where I am from 6am starts


BULLS - Yen , USD and CHF all bull from 6am ..........buys
BEARS - initially the NZD and AUD but since 6.45 GBP selloffs ....GBP the SELL


pair wise I was bull early doors on EA but the main pair trade at present is selling GU naturally

N

 

[sun11]

Morning N,
GBP is nice currently. Just need to find a spot for re entry.

 

[NVP]

the market has had 2 nice volatility moves so far since 6am

1 started around 6.36 am .........and the gbp sold off

2nd at around 7.03 am when again GBP resold and this time a really really nice set of bull currencies to chose from ....CHF , USD , EURO

N

 

[NVP]

Morning N,
GBP is nice currently. Just need to find a spot for re entry.

just waiting for a sweet spot there Sun ...........i'm also eyeballing

UJ buys
ucad buys :smart:

 

[NVP]

sell gu now 4103

 

[NVP]

sell gu now 4103

4106 /7 the stop

 

[NVP]

sell gu now 4103

4092/3

 

[NVP]

easy 5 pipper ......too easy

 

[NVP]

I love the GBP as a currency .........its like a whippet ....just like Yen

 

[sun11]

Good call on GU it was touching a Trendline. Got 5 pips.
I have UJ buy trade on from 113.47,
113.54 is upcoming R. But If I think about more longer target then 113.93.

 

[NVP]

just waiting for a sweet spot there Sun ...........i'm also eyeballing

UJ buys
ucad buys :smart:

uj up 4 pips in last 5 mins
ucad up similar ....

still both buys :smart:

 

[NVP]

uj up 4 pips in last 5 mins
ucad up similar ....

still both buys :smart:

I was on the uj ....nice acceleration in last 2 bars

 

[sun11]

Good call on GU it was touching a Trendline. Got 5 pips.
I have UJ buy trade on from 113.47,
113.54 is upcoming R. But If I think about more longer target then 113.93.

Oh my god, I already got 15 pips on it..)
While i was typing..

 

[NVP]

usd is going bull bull bull...easy money dudes - chase it

GU touches 82 now

 

[NVP]

Oh my god, I already got 15 pips on it..)
While i was typing..

good to make money eh

stick with me kid

 

[NVP]

20 pip move on uj last 5 mins ...........

are we having fun yet ???

 

[sun11]

Oh my god, I already got 15 pips on it..)
While i was typing..

Very bad I closed it early..

 

[NVP]

3rd volatility run on G8 since 6am ...around 7.16 this time

excellent market for me .....nice moves

 

[NVP]

Very bad I closed it early..

now your being too fussy....pips are pips dude