A Master Class in FX Intraday Trading by F & Co

[NickBk]

i shorted gu

I can see why but I have been watching for sometime and for sure many pairs need a few coffee's it has been a dull day so far.
Not sure will it be a big day as people wary ahead of next weeks fed.
We will all find some good scalps though as always.

 

[Forexmospherian]

6 22 pm

EA

This scalp buy came into play just after 6 02 am around 5966/67 and was worth adding to after 6 20/21 am

A bigger mover than the EU and certaintly in a bull bias pre Opens

I will get the LiTs out next in 2 stages - the EU / EA / EJ have all had scalp buy opps over last 25 mins - although not in sync with GU

We have approx 11 hrs or so to make our daily targets - although it great if the job can be done within the first 2 hrs of trading - remember it a marathon - not a 100 metre sprint - just take your time and release that over the next 2 hrs there will be on say 3 pairs over 50 scalp opportunities - and maybe 10 to 20 of those - will easily be worth 5 + pips with the odd few worth 15 - 20 - even more than 25+ pips - all with 15 mins of entry.

 

[Forexmospherian]

half awake

Morning MM

6 18 / 19 am on GU short for you then from 5460 area

GL and have another coffee

 

[MajorMagnuM]

sl be on gu short

 

[MajorMagnuM]

just got the first coffee now.

 

[Forexmospherian]

Morning Nick -

Yes I can imagine UK time from say after 3 00 am its been a bit slow until last 45 mins or so

Have a good day

 

[MajorMagnuM]

need at leest 52 to hold

 

[Forexmospherian]

sl be on gu short

5453 and 48/50 first interim supports on GU

 

[NVP]

I can see why but I have been watching for sometime and for sure many pairs need a few coffee's it has been a dull day so far.
Not sure will it be a big day as people wary ahead of next weeks fed.
We will all find some good scalps though as always.

hey N

just speaking for usd index ...............always pip moves most days ..........as F says you just have to wait them out then attack whilst the volatility is rolling

slow start today .........14 pip range from Asians .......I will bounce usd between those S/R lines shown........... then go big on the breakouts

gameplan ?.............live calls ?.......bite me

N

 

[Forexmospherian]

LiTs Areas for main Key pairs

6 37 am


EU 1267 - 1284 ish

GU 5438 - 54 51 ish

UChf 9715 - 9737 ish

UJ 120 60 - 120 81 ish

 

[MajorMagnuM]

finger on trigger to kill it

 

[MajorMagnuM]

killed. looking for anything now

 

[Forexmospherian]

Morning N

Ucad was a scalp buy after 6 00 am whilst EU and EA have also been buys - for now a bit of a mish mash - but I sure over next 60 mins they will start to sort themselves out

Have a great day


F

 

[NVP]

usd still ranging for me .................came off the dirt around 6.18.......sells on AUD and CAD .............Europeans are bull so far so will only play then into usd falls

EA will be pitching bulls at moment ........

hmm
N

 

[MajorMagnuM]

got gu ell stop at 53 incase of fgast move

 

[Forexmospherian]

finger on trigger to kill it

I reckon it might even slowly try 48 or 46 or even 44 and then a scalp buy

What ever - over 42 on pullbacks would like to scalp buy GU then

 

[NVP]

ok going to start working usd sells into Europeans unless correlation changes

game on
N

 

[MajorMagnuM]

ea have 548983 as res

 

[Forexmospherian]

Ideally want to sell UCad under 3235 area

If it made over 38 and 42 - just stay with any scalp buys

OK onto next LiTs

 

[NVP]

leading on EU and I will see what else comes along