Morning F, Nick, et al.
Have a good day.
G
as it happens
EU
6 45 AM
ok its bearish for now in a bearish PS under 0880 and 0895 area
First R above atm 0870 - so thats a price area of interest
Low so far is 0849 /50 area
So we know that under 0870 and under 0850 we should be favour scalp sells rather than buys
We look more for buys above 0873 and 76 and 80 +
Now after EO at 7 00 am I have 6 key times that hour I will be looking for new scalp trades - not just on the EU - but other pairs as well
If we can find any that sync up - even better
We need to be lining up Price / LR's / levels / times and then be ready for possible scalps at -
7 01 am - 7 09 am ish - 7 21am ish - 7 30 am ish - 7 39 am ish - 7 50/51 am ish
Not every time will be a new scalp - we might only have 2 - or we could if lucky have 3 or 4.
Chart set - up - hopefully you have a 1 min chart with the LR set ups - 9 or more is better - but if just scalping as Sun is initially doing - then just the 3 quick setting
Levels - they are dynamic and so will change as price and time changes - but I have already mentioned a few of importance
Time - its UK time ie 6 52 am as of now - so 8 mins to EO
EU
6 45 AM
ok its bearish for now in a bearish PS under 0880 and 0895 area
First R above atm 0870 - so thats a price area of interest
Low so far is 0849 /50 area
So we know that under 0870 and under 0850 we should be favour scalp sells rather than buys
We look more for buys above 0873 and 76 and 80 +
Now after EO at 7 00 am I have 6 key times that hour I will be looking for new scalp trades - not just on the EU - but other pairs as well
If we can find any that sync up - even better
We need to be lining up Price / LR's / levels / times and then be ready for possible scalps at -
7 01 am - 7 09 am ish - 7 21am ish - 7 30 am ish - 7 39 am ish - 7 50/51 am ish
Not every time will be a new scalp - we might only have 2 - or we could if lucky have 3 or 4.
Chart set - up - hopefully you have a 1 min chart with the LR set ups - 9 or more is better - but if just scalping as Sun is initially doing - then just the 3 quick setting
Levels - they are dynamic and so will change as price and time changes - but I have already mentioned a few of importance
Time - its UK time ie 6 52 am as of now - so 8 mins to EO
-----------------------------------
Time now 7 10 am and a new LOW
EU price bounces staying under 66 /67 are sells again
poss shorts on cable under 1.5555