A Master Class in FX Intraday Trading by F & Co

[Shacau]

Hi Shacau

Sorry had not seen this post earlier

No - no problems really this morning - so far ?

Regards

F

np, It's all good now : )

 

[Forexmospherian]

EA

10 49 am

It as gone over 30 mins with no breach of last interim low

Not convinced it wants to go back up yet

I think above 5721 would start me thinking - ok more scalp buys etc

But under 5715 it could just test 5690 or 5700 again

 

[Shacau]

EA

got +17.2 pips from that last scalp buy : )

entry at 10:27 at 1.5701

 

[Forexmospherian]

EA

So far had interim low at 5689

I had said under 5700 and 5690 more sells - so sorry if you entered at 5690 on sells - lets hope you got out under 5 pips

10 30 and 10 39 am had enough clues for scalp buys - but as mentioned need over 5721 as next clue

I think pullbacks should stay above 5700/ 05 for more scalp buys again

 

[Forexmospherian]

EA

got +17.2 pips from that last scalp buy : )

WD Shacau

EA certainly spoils you for not wanting to trade the EU or other slower pairs - but then again not everyday is the same so you do need to cover 3+ pairs ideally

 

[Forexmospherian]

5730 -35 next interim R maybe

 

[Forexmospherian]

EU

11 00 am update

Neglecting this pair really - but for me its in a range

We need ideally over 1390 / 1400 to breach upwards and to take and add on scalp buys

We need under 1320 / 17 and then 1300 for adding on sells for lower

In between - OK scalp it with 1350 -1360 being like a mini LiTs area

10 30 / 39 am scalp buys were OK - but only for like 15 pips

Meanwhile same time EA went back up approx 25+ pips

 

[Forexmospherian]

GU

11 06 AM

This previous hour from 10 00 am the GU as carried on being bullish

5460 -65 is a interim R area

To stay with more buys we need above 5465 and 70

If we cannot breach above then supports back at 5435 / 40 and 45/47

 

[Forexmospherian]

11 18 am

I think we are in the boring period - and thats understandable as 6 30 to 10 30 am as been been busy really

NO lunchtime red news - but Cad Dollar at 3 00 pm and then more again a bit later

Could be a long lunch break for me - I will check out 1 00 - 2 00 pm and then again after 2 30 pm for a couple of hours

Weather not to nice here in Midlands - so no long dog walks or bike rides etc etc

See you later guys


F

 

[Forexmospherian]

EA - Update for 1 00 pm

OK - approx hour later from this comment

We had 150+ pip rise this morning

Now so far a 80 pip pullback

Updated chart atm

Latest updated chart

 

[Forexmospherian]

GU

11 06 AM

This previous hour from 10 00 am the GU as carried on being bullish

5460 -65 is a interim R area

To stay with more buys we need above 5465 and 70

If we cannot breach above then supports back at 5435 / 40 and 45/47

GU

1 29 PM

Over 2 and half hrs later for GU to pullback approx 20 pips without testing 5465

That is slow - but no wonder after all the early morning moves

5433 / 40 is all support - so we would need to breach under there to stay with any scalp sells

 

[Forexmospherian]

EA

1 42 pm

In a BTTZ tease zone from 5690 to 5735

Need to come out of it first - and then under 5685 is all support area - but over 5735 and 40 - we might then try to test the high again

 

[Forexmospherian]

UCad

Missed 1 06 and 1 09 pm scalp buy but caught after 1 21pm and 3011 area

Got past previous high and now posted a new high at 3023

Pullbacks staying above 3011 / 12 are scalp buys again

Its is bullish and we do have red news on Cad Dollar at 3 00 pm

 

[Forexmospherian]

I did not scalp sell the pullback from the high on the UCad at 3023 - and maybe I should have done as already fell 7 pips

The thing is after catching so many great moves early AM - I am not really looking for just 5 -15 pip moves this afternoon - but if I had had a poor morning session - i would scalp everything just to get 3 -7 pip profits to assist me obtain my daily target

Thankfully - this afternoon - I can cherry pick my scalp trades rather than look to take as many as possible

Hope this makes sense

 

[Forexmospherian]

UCad

Missed 1 06 and 1 09 pm scalp buy but caught after 1 21pm and 3011 area

Got past previous high and now posted a new high at 3023

Pullbacks staying above 3011 / 12 are scalp buys again

Its is bullish and we do have red news on Cad Dollar at 3 00 pm

UCad

2 00 pm

Stayed above 3014 and now made another new high for day at 3028 as I type

Above 17/18 still scalp bullish atm

 

[Forexmospherian]

EA

1 42 pm

In a BTTZ tease zone from 5690 to 5735

Need to come out of it first - and then under 5685 is all support area - but over 5735 and 40 - we might then try to test the high again

EA

2 03 pm

Come out the BTTZ tease zone and made 42 so far

Pullbacks need to stay above 30 to look at any more scalp buys to test over 50+

 

[Forexmospherian]

EA

2 03 pm

Come out the BTTZ tease zone and made 42 so far

Pullbacks need to stay above 30 to look at any more scalp buys to test over 50+

Maybe 30 might be too tight ?? - but certainly need to stay over 24 to keep the present bull bias for this hour

 

[NVP]

usd still bullish into early us session...........been a good day for the Greenback so far

in fact its the strongest of my stable from Asian session..........Europeans have also fared well today so far .....

CAD and AUD have been the dogs so far today ........

but naturally everything can change very rapidly ........

if I were scalping I would be bouncing the usd south off those ceiling levels into obliging bull currencies ........if usd does breach further north then all change :smart:

and the EA crew must be pretty happy .....Euro has bounced north again a little in last hour or so off a bear AUD

later
N

 

[Forexmospherian]

usd still bullish into early us session...........been a good day for the Greenback so far

in fact its the strongest of my stable from Asian session..........Europeans have also fared well today so far .....

CAD and AUD have been the dogs so far today ........

but naturally everything can change very rapidly ........

if I were scalping I would be bouncing the usd south off those ceiling levels into obliging bull currencies ........if usd does breach further north then all change :smart:

and the EA crew must be pretty happy .....Euro has bounced north again a little in last hour or so off a bear AUD

later
N

Hi N

Yes the EA - AU and then the GU and UCad have been my stars today - with the EA head and shoulders above all other pairs - although last 2 hrs as been boring

Remember we have major Cad Dollar news at 3 00 pm as well - so will be looking at that pair more over next hour

Regards


F

 

[NVP]

as I disappear my main focus would be taking usd as/if it retraces north and then hitting the 2 dog currencies ............AUD and CAD

clearly not around the news

N