A Master Class in FX Intraday Trading by F & Co

[Forexmospherian]

Well got that part right

I can have a cup of tea and a bacon sarnie as my reward lol

If i said approx 50 pips of 2 pairs in about 6 mins ;-)

 

[Forexmospherian]

Yes took the Ej nice call mate

Thanks Liver - pleased you caught it

Lock in profit either exit 100 % or just 70% and see if it carries on up higher

GL

Back in 10 mins

 

[liver1234]

Ok mate

 

[liver1234]

School run now took 15 on Ea 20 on Ej

 

[Forexmospherian]

8 30 am

Looks like London wanted buys on EU / EA / EJ / GU / UJ - and sells on UChf and Ucad

Happy to catch 2 pairs - please only try 1 until you are used to scalping - and yes you can simultaneously scalp 3 or 4 pairs - but watch your stake sizes etc etc

 

[Forexmospherian]

Also very pleased i was about for both Opens this morning - normally I might only catch one - due to college / station drop offs etc

Although I might miss out on some good pips - normally I look upon it that over the course of the day - I should exceed my daily targets - not every day guaranteed - but at least 90% of the time.

Losing day - do and can happen - but for me are down to only having a short time session to trade - ie only an hour or two - or if I have the misfortune of having 2 lots of batches of 3 consecutive losses- or in very rare cases - a spike or mini black swan catching me out and my stop being gapped etc etc

 

[Forexmospherian]

OK back to trading

8 39 am

EU

Price at 1346 and 50 high

We need over 1350 and 60 to stay with buys and for now pullbacks staying above 37 / 38 are still buys again atm

 

[NVP]

hey all

tied up today again and missing the fun

look at today !...............BOOM !

usd breaches the days low and dumps around 7.30 BST and red GBP , Brown CAD and later Blue Euro all get bull on it

superb signals and muchos pips !

N

 

[Forexmospherian]

EJ

8 43 AM

Needs to stay above 63 on pullbacks to look at more buys and another attempt over 135 85 +

EA

Different set up - we had a 30 + move up for 8 00 am - but since then after 8 21 am - a scalp sell and another 30+ pip fall

 

[Forexmospherian]

hey all

tied up today again and missing the fun

look at today !...............BOOM !

usd breaches the days low and dumps around 7.30 BST and red GBP , Brown CAD and later Blue Euro all get bull on it

superb signals and muchos pips !



N

Morning N


A big BOOM at 7 58 / 8 00 am this morning on many pairs

Have a good day


Regards


F

 

[Forexmospherian]

I will post my EA chart next - some lovely moves this morning - still my favourite for now

 

[Forexmospherian]

EA - After EO at 7 00 am

EA

Yesterday I posted a EA chart and showed it was possible to obtain 200 pips off about 7 scalps in the morning

Today just showing 3 main scalps - but still over 130 + pips

We knew the main bias was Bear - ie under LiTs area - but that does not stop us scalp buying -- so 2 scalp sells and 1 scalp buy - so far

1 min LR chart with Times and entries circled

 

[Forexmospherian]

EA

8 58 am

last scalp buy started at 8 48 am - was not in it - but if you entered at 8 50 /1 am then so far up 12 -14 pips

We did breach the low outside the time rules - all that shows for me is manipulation - but then again its expected so we have to work with it

 

[Forexmospherian]

We do have good supports on the EA at 5540 to 55 - so maybe we need to see if last low tries over 30 mins with no breach

Under 5540 and 35 - more scalp sells though

 

[Forexmospherian]

First red news is not until 11 00 am - when the BOE gov speaks - already the GU is being played with prior to what he might be saying

The GU is bullish this morning and as made over 5500 +

That would have got more bulls into buy trades - and so the players /market maker have managed to drop price over 25 pips - to either try and dump weak bulls or simply to look at buying again lower

Remember this is a game - the Banks etc want your money - you want profits which have to come from other retailers or the commercials etc etc. No wonder 80%+ of all retailers loss in FX - they just dont get that the game is false sentiment and false sets up - all to lure you into bad trades

 

[Forexmospherian]

OK back to trading

8 39 am

EU

Price at 1346 and 50 high

We need over 1350 and 60 to stay with buys and for now pullbacks staying above 37 / 38 are still buys again atm

EU

9 11 am

we pulled back to 1339 and then another scalp buy after 8 50 am

so far made 1355 as I type

 

[Forexmospherian]

I mentioned early this morning I would take a break after 9 15 am ( dog walking and domestic chores etc )

Will pop back after 10 10 am for 30 mins or so then plan to be around lunchtime - so might miss Pound news

Will be trading also from after 2 30 to at least 4 30 pm as well

Stay focused and have a good session


F

 

[liver1234]

Just got phone signal back

 

[Forexmospherian]

EA

10 14 am

After its last low at 8 45 am - it then made a HL around 9 00 am and as been as scalp buy over the last 70 mins

Now price needs back over 5620 for more buys as atm in a range on 40 pips from 5580 to 5640 - ie 60 pips

Above 20 and 25 - more scalp buys- under 5580 and 73 - more scalp sells

In the range just be careful in case it goes BTTZ over this hour

 

[Forexmospherian]

EU

10 17 am

So far high at 1365

Bullish above 1330 and 40 for me

Would need under 1320 / 17 and 1300 to be scalp selling off for lower

We might end up with a BTTZ range of 1340 to 70 next - if so then be careful