A Master Class in FX Intraday Trading by F & Co

This is a discussion on A Master Class in FX Intraday Trading by F & Co within the Trading Journals forums, part of the Reception category; Originally Posted by sun11 Good afternoon, Anybody looked at Ucad. I think it's in a nice shape for buy trade. ...

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Old Jan 22, 2016, 1:20pm   #6633
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Quote:
Originally Posted by sun11 View Post
Good afternoon,
Anybody looked at Ucad. I think it's in a nice shape for buy trade.

Just don't know how far should I target?
closed it at 4. Planning to rebuy around 4174 zone. if it holds.
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Old Jan 22, 2016, 2:26pm   #6634
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Originally Posted by sun11 View Post
closed it at 4. Planning to rebuy around 4174 zone. if it holds.

Low as held - but need a HH at 4186 and 90+ for confirmation of any turn starting

Also news in 5 mins
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Old Jan 22, 2016, 2:30pm   #6635
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Originally Posted by Forexmospherian View Post
GU

12 06 pm

Price now at 4295 area with 4306 last high

We need to stay above 4270 on pullbacks to stay bullish for tries higher

Back now for 1 30 pm news

GU Chart

Click the image to open in full size.

GU

1 30 pm

High so far 4340

Pullbacks need to stay above 4312/5 for looking at buying again
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Old Jan 22, 2016, 2:32pm   #6636
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Originally Posted by Forexmospherian View Post
Low as held - but need a HH at 4186 and 90+ for confirmation of any turn starting

Also news in 5 mins
Cad news at 1 30 pm as strengthened Cad resulting in UCad falling again - but not made a new low yet
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Old Jan 22, 2016, 2:44pm   #6637
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1 45 pm

Price around 0800 now

Under 0820 its still in a bearish PS for US session - but 0790 / 0800 is also a support area
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Old Jan 22, 2016, 2:48pm   #6638
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Originally Posted by Forexmospherian View Post
EJ

It became a better set up after 8 00 am and LO

Now its clearly in a bull price structure for the AM session above 128 00 - in fact would need under 127 70 to get it into a bear structure - see chart


Click the image to open in full size.

EJ

1 49pm

Went under 128 00 - and so dropped out the bullish Ps

Now down at 127 70 - crucial area now as under here we go more into bear land and bias
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Old Jan 22, 2016, 2:55pm   #6639
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Quote:
Originally Posted by Forexmospherian View Post
EJ

It became a better set up after 8 00 am and LO

Now its clearly in a bull price structure for the AM session above 128 00 - in fact would need under 127 70 to get it into a bear structure - see chart


Click the image to open in full size.
Updated EJ chart for 2 00 pm update


Click the image to open in full size.
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ej-22116pm.png  
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Old Jan 22, 2016, 3:01pm   #6640
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Originally Posted by Forexmospherian View Post
Cad news at 1 30 pm as strengthened Cad resulting in UCad falling again - but not made a new low yet

UCad


2 00pm

Previous low held and from 1 35 pm and 4150 + it became a scalp buy again

This time it made over the prices both Sun and I needed for a turn - but still not quite done 4200

If 4170 holds again - look again for more scalp buys
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