A Master Class in FX Intraday Trading by F & Co

[NickBk]

Excuse me for 10 mins or so

And such a gent too, what a boss!

 

[sun11]

EU scalp sell made 4+ pips & i'm out.

 

[Forexmospherian]

7 40 am

This is how you can spot manipulation by the LP's or players - all down to trickery with holding orders back or just balancing them

EA as dropped lower but EU as stayed above the low of 48 for now and bounced at 52

Not scalp bought it again - and did not scalp sell it under 63 - just watching it as there were some other pairs I had been in as well

We now need over 60 and 66 to look at scalp buying EU

Also would not trust it if we teased down to 48 - could be more fake stuff

 

[Forexmospherian]

And such a gent too, what a boss!

Morning Nick

Lol

Your favourite as been a cracker again this morning

After 7 21 am another 20+ pip sell - I am starting to think why even bother with EU

Have a good day


Regards

 

[Forexmospherian]

EU scalp sell made 4+ pips & i'm out.

WD Sun

Be happy at stage 2 getting 3 -7 pip profits etc - and making sure you keep the stops super tight etc etc

Its a skill getting out a bad scalp under minus 2 or 3 - but its well worth learning as will never be 100% correct or accurate etc etc

You can always re enter if the move carries on

 

[Forexmospherian]

If it was not for time rules - i would be just selling EU more under 55

Trouble is - I dont trust it atm

Under 45 and 40 yes it more sells - but just be careful on it for now

 

[Forexmospherian]

EU

7 50 AM

Might sound silly - but when everything on chart says sell under 55 - i am suspicious of a false set up

That's just me

 

[Forexmospherian]

just going to get ready for popping out at 8 05 am ish

Will pop back in before I leave and be careful of any 8 00 am spikes

 

[NickBk]

Morning Nick

Lol

Your favourite as been a cracker again this morning

After 7 21 am another 20+ pip sell - I am starting to think why even bother with EU

Have a good day


Regards

I have got to say yes, I keep looking and most EU moves are magnified on EA and whilst a 3/5 pip scalp is ok on EA you get a 10/15 point move, making it more worthwhile for me at least.

 

[sun11]

WD Sun

Be happy at stage 2 getting 3 -7 pip profits etc - and making sure you keep the stops super tight etc etc

Its a skill getting out a bad scalp under minus 2 or 3 - but its well worth learning as will never be 100% correct or accurate etc etc

You can always re enter if the move carries on

Yes happy.

EU obeyed the channel.

 

[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

GU

8 01 am

9 pips on the scalp buy and 6 pips on a scalp sell

OK must pop out now

Back later on and the around most of day


EU - 1150 support area still holding#

GL

 

[Forexmospherian]

8 54am

Back earlier than I thought - but my morning is being changed as now out again in 5 mins and might be approx 2 hrs

Just a quick update - but had smelt a rat on manipulation before 8 00 am on EU and it did turn up after 7 51 am - 8 09 am - 8 21 am etc so far making over 35 pips

Meanwhile EA after 7 51 am and 8 00 am as risen back up 85 pips

Shame not here to catch both - but at least had some partials on EU and my GU scalp buy after 7 21 am

See you later guys and stay focused

Remember 9 30 am UK Pound news

Needs back over 5405 and 5415 plus to be staying with scalp buys and under 5365 and 50 - scalp sell land

GL

 

[NVP]

been head down taking a couple of calls and trading

usd still bull.................just working the bounces :smart:

a little messy on screens below (sorry).........but you can see where I have been working the pairs

Ucad buys my fav recently ..Europeans far too bull mostly for me coming off a bull usd perspective......................if you were tradin both ways the Europeans offered excellent buys more recently as usd bounced inevitably south at times ...although only 6-7 pips max on that usd range so tightish for scalps

scalpers can do it both ways !

N

 

[NVP]

can you also see how tight the europeans are correlation wise this morning ?

this is great for me as a pattern........as long as the usd is moving in opposite direction !

N

 

[NVP]

scalp school for me at the moment ..........I am happy to keep buying into usd bounces until I see significant extended selling.............

you can see the usd slooooowly turning bear overall...........in fact theres plenty of good volatility at the moment to trade usd both ways so i'm happy

that's perfect conditions for scalpers on usd pairs

N

 

[NVP]

looks like the bull usd is truly over now ..................turning more to usd bears now unless a big hit on 10am bar change

N

 

[NVP]

jees usd is fighting back...........ok looking for more EU sells here

 

[NVP]

selling ucad here for the usd resells...........lets see what happens next

 

[NVP]

will take hopefully 4-5 on that ................usd looking strnger and stronger here so ready to resell Europeans

 

[NVP]

ucad has come off 25/26 to 18 now .............i'm nervous that usd will bounce north so very tight on this so far