A Master Class in FX Intraday Trading by F & Co
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cant get too fussed at moment .......I need some better correlation patterns than this to go big ......5462 the high for GU so may let my balance run a little more on it
20 pip range now on USD since early London so not bad ...........just need to get some feel for next move / direction on it .......
later
N
20 pip range now on USD since early London so not bad ...........just need to get some feel for next move / direction on it .......
later
N
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68 the high now on gu............back later......
have a gut feel the usd is going to bounce nrth again so tight on any money made so far today
as at 8.48 the euro has been a dog London session so may sell it off some more if conditions stay same
1340's at moment
have a gut feel the usd is going to bounce nrth again so tight on any money made so far today
as at 8.48 the euro has been a dog London session so may sell it off some more if conditions stay same
1340's at moment
Forexmospherian
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EU - Both Opens this morning
EU
9 25 am
Above is what I left as a comment with regards the EU
Did we make over 1376 ?
No
What happened after 8 06 am and 8 09 am ?
Yes you should have been scalp selling and adding on way down
Yes I get get a scalp sell on before I left - with stop then at 1374
I was not back in time to catch 1330 low - but exited 70% at 1338
Heres all the clue in 2 charts
Notice great scalp buy after EO at 7 00 am
Ideal scalp sell after 8 09 am
In between experienced and LR trained scalpers could have scalp bought for 8 -10 pip net in between 7 56 am and 8 06 am - but I had said really only scalp buy over 76+ so really at 72/3 that was end of any quick scalp buys
EU
9 25 am
Above is what I left as a comment with regards the EU
Did we make over 1376 ?
No
What happened after 8 06 am and 8 09 am ?
Yes you should have been scalp selling and adding on way down
Yes I get get a scalp sell on before I left - with stop then at 1374
I was not back in time to catch 1330 low - but exited 70% at 1338
Heres all the clue in 2 charts
Notice great scalp buy after EO at 7 00 am
Ideal scalp sell after 8 09 am
In between experienced and LR trained scalpers could have scalp bought for 8 -10 pip net in between 7 56 am and 8 06 am - but I had said really only scalp buy over 76+ so really at 72/3 that was end of any quick scalp buys
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NVP
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EU
9 25 am
Above is what I left as a comment with regards the EU
Did we make over 1376 ?
No
What happened after 8 06 am and 8 09 am ?
Yes you should have been scalp selling and adding on way down
Yes I get get a scalp sell on before I left - with stop then at 1374
I was not back in time to catch 1330 low - but exited 70% at 1338
Heres all the clue in 2 charts
Notice great scalp buy after EO at 7 00 am
Ideal scalp sell after 8 09 am
In between experienced and LR trained scalpers could have scalp bought for 8 -10 pip net in between 7 56 am and 8 06 am - but I had said really only scalp buy over 76+ so really at 72/3 that was end of any quick scalp buys
F's LiS's are very effective and something I need to incorporate much more into my scalping..........
the scenario being
1) have set levels where trading can occur
2) sit on hands waiting for the levels - discipline !!
3) get frustrated waiting ......:whistling
4) start trading interim areas as want to make money
sound familiar ? :smart:
so heres my take on USD ...........if I were really really disciplined I would be waiting for sells post 8am bar as that the bias ........and to sell into the trend ..until further notice or significant breach north
NOTHING ELSE ..........
N
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Forexmospherian
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EU
9 32 AM
I am quite happy to hold a 30% scalp sell on up to 1356 - ( still in 11 pips of profit)
I can scalp buy against it in case we go over 1357 and 60 for adding then to buys
To add to sell need under 1326 and 1317 - although its OK to scalp sell again under 50 and 35 - but then its a case of reading PA and LRs and of course - the time
The chances of a sell off at 8 00 am LO was high - maybe as high probability as our D A F T gang - ie ( De Alternative Fan Traders / Thread ) ever being able to engage their brains and fully understand how the LR's and time etc work together to give high probability results
Also I note so many in the D A F T gang trade other instruments - not specialize on only FX
Their's the problem FX is chalk and cheese again - a different ballgame - unregulated / more time sensitive and so different to indices - but not as though I dont think you should trade only FX - thats up to the individual traders
9 32 AM
I am quite happy to hold a 30% scalp sell on up to 1356 - ( still in 11 pips of profit)
I can scalp buy against it in case we go over 1357 and 60 for adding then to buys
To add to sell need under 1326 and 1317 - although its OK to scalp sell again under 50 and 35 - but then its a case of reading PA and LRs and of course - the time
The chances of a sell off at 8 00 am LO was high - maybe as high probability as our D A F T gang - ie ( De Alternative Fan Traders / Thread ) ever being able to engage their brains and fully understand how the LR's and time etc work together to give high probability results
Also I note so many in the D A F T gang trade other instruments - not specialize on only FX
Their's the problem FX is chalk and cheese again - a different ballgame - unregulated / more time sensitive and so different to indices - but not as though I dont think you should trade only FX - thats up to the individual traders
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