A Master Class in FX Intraday Trading by F & Co

[Forexmospherian]

9 29 am was the bounce

Will post my chart set up on it

EA chart after 8 00 am

 

[NVP]

9.13 last rebuy on usd ..............aud and cad were my plays

still not exactly great but the scalps now generally are producing comfortable 5+ pip runs

n

 

[NVP]

first time i've show most of my main scalping screen to T2win in last few days (cant be arsed to keep hiding stuff for posts).....not exactly rocket science eh ?

its all about the timing and experience these days for me ...........don't really need lots of FXcorrelators and other indicators to scalp ..I like having 3 fast LR's on the main pairs though

9 , 18 , 37

N

 

[Forexmospherian]

9.13 last rebuy on usd ..............aud and cad were my plays

still not exactly great but the scalps now generally are producing comfortable 5+ pip runs

n

As long as you can get 5+ net winners and your stops are super tight then you have a winning method N

The scalpers who used to just grab 1 or 2 pips and have stops sizes of 10 -15 are the ones that give scalping a bad name

Even with a 80% win ratio - they can lose money

We need to get more structure into your correlator indexes so that your bias is more visible on each pair

Ie you can have dollar strength with UCad rising and AU and Europeans falling - but meanwhile UJ and UChf also seeing price falling

That's what confuses many - and of course its done deliberately by the markets to not keep it easy

 

[Forexmospherian]

GU - From after 6 20 am to 9 45 am

GU

1 min LR chart

LiTs area being crossed under

note structure - also PA not that nice but its been a sell

 

[Forexmospherian]

UCad - A great example with regards to LiTs bias

UCad prior to 7 00 am was in a bear bias - under its LiTs area

After 7 18 am and 7 21 am - all changed

Above its LiTs and now in bull bias land with a 40 pip rise

This chart shows what I mean - with area circled

 

[Forexmospherian]

10 03 am

For me this hour - still got EU in bull bias and therefore leaving partial buys on

Would need under 1280 and 12 75 to scalp sell more

Time to walk Basil
#

See you later guys

 

[MajorMagnuM]

just got back in time to nail ea sell,. sl be

 

[MajorMagnuM]

took some profit, have 2 rems on sell, sl slgihtly better than be now

 

[MajorMagnuM]

only 6 pips at 70 on each, as market not exactly thrusting and i dont want to get chopped up

 

[MajorMagnuM]

one sl hit

 

[MajorMagnuM]

seems i took 70 too ealry lol

 

[MajorMagnuM]

ffs fxpro crashed

 

[MajorMagnuM]

dont wan tto add just yet seems unsafe

 

[MajorMagnuM]

tw was out there

 

[MajorMagnuM]

ea like a bad acid trip atm ( or so i imagine)

 

[MajorMagnuM]

crickey. my rems safe sl at 60117!

 

[MajorMagnuM]

i mean wtf was that at 10:48

 

[MajorMagnuM]

this pa precluding any add on for me im afraid

 

[MajorMagnuM]

my swearing = im very tired