A Master Class in FX Intraday Trading by F & Co

[Forexmospherian]

EA

2 30 PM

Looks as though the 1 51/ 2 00 pm scalp buy was a better one than the GU

So far up 27 pips - need over 5625 and 28 to stay with buys for now

I will take that back - the GU as now broken up higher - touching 86 as I type - but pulling back again

Meanwhile the EA gave up at 2 33pm and started a pullback

I still favour both trying higher - but only when timing is correct - and so will only buy more when I get the correct clues and signals

 

[Forexmospherian]

I will take that back - the GU as now broken up higher - touching 86 as I type - but pulling back again

Meanwhile the EA gave up at 2 33pm and started a pullback

I still favour both trying higher - but only when timing is correct - and so will only buy more when I get the correct clues and signals

EA

2 49 PM

When the signals and clues said sell again after 2 33pm and 2 39pm - then thats what you have to do - even if you think in the back of your mind - price will try higher

Go with the LRs and the PA and both said sell

Since then the EA as dropped just over 30 pips with supports next at 5580 /85

 

[Forexmospherian]

EA

2 49 PM

When the signals and clues said sell again after 2 33pm and 2 39pm - then thats what you have to do - even if you think in the back of your mind - price will try higher

Go with the LRs and the PA and both said sell

Since then the EA as dropped just over 30 pips with supports next at 5580 /85

EA

3 00 PM

Now dropped under 5580

Next supports 5560 -70 area

 

[Forexmospherian]

EA

3 12 PM

Low so far 5564 - 3 03 pm and then 3 09 pm said scalp buy above 67

We need 5600 to stay with buys

If price drops again under 5560 - then more scalp sells

 

[Forexmospherian]

EA

3 12 PM

Low so far 5564 - 3 03 pm and then 3 09 pm said scalp buy above 67

We need 5600 to stay with buys

If price drops again under 5560 - then more scalp sells

3 19 pm

Price now made 5610 and pulled back - I exited 70% stake and will leave 30% on with stop in 4 pips of profit#

70% stake made 32 pips in approx 7 mins

Thats a RR of 6 in 7 mins

I liked that

 

[NickBk]

yes ive been on gj too

How did you get on?
Been some good swings today.

 

[Forexmospherian]

GU - After Midday update

GU

2 06 pm

This chart shows some scalps in time windows along with 2 quick LR cross overs

The last scalp buy is interesting - as up to then the Bias from after Midday was bearish

We need to go back over 5487 / 90 to go bullish
and the low as held over 30 + mins now

GU

Approx 4 pm Update

This is the latest chart - updated from the one above

Not been a nice pair really - slow and boring and teasing

Ref - Nick - I didn't trade GJ today - I hope you and MM did well on it

 

[NickBk]

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

Funny that, I sent nearly the same chart to a friend this morning.

 

[Forexmospherian]

Will pop back now after 5 00 pm

Hope you all had a decent day

Regards

F

 

[Forexmospherian]

Funny that, I sent nearly the same chart to a friend this morning.

Nice one Nick

Interesting after 9 00 am how it changed for the rest of the day

Back later -


F

 

[Forexmospherian]

Wednesday 21st October 2015 - Pre Opens

Good Morning FX Intraday Traders

No "Red News" releases this morning - but plenty on the Cad Dollar during the early US session and also another BOE Gov speech later on today

Pleased I caught both morning "Opens" yesterday - as the LO provided me with approx 50 pips in under 15 mins off the EA and EJ. Unfortunately will not be around for the 8 00 am LO this morning but will be back after 9 15 am

Normal stuff today and i welcome input from all followers with charts / calls / forecasts / questions etc etc

I will get the LiTs areas out first and say 6 09 am scalp buy on the EA was my trade this morning

Have another good trading day


Regards


F

 

[Forexmospherian]

LiTs Areas for Wednesday AM session

6 39 am

EU - 1320 - 1345

GU - 5425 - 5455

UJ - 119 70 - 119 92

UChf - 9540 - 9575

UCad - 2955 - 2995

AU - 7240 - 7275

EA - 5600 - 5650

EJ - 135 75 - 136 15

 

[Forexmospherian]

6 40 am

Yen Crosses - yen must be weak over night - both EJ and UJ bullish for now

 

[Forexmospherian]

GU - Update over last 2 days on a 2 min chart

GU

Approx 4 pm Update

This is the latest chart - updated from the one above

GU

6 50 am

Updated 2 min chart of yesterday and this morning . Had to use a 2 min chart as could not cover enough on a 1 min . Note the red R area and the green S area marked on previous chart

GU is bearish atm - but needs under 5330 and 20 to take more scalp sells

 

[Forexmospherian]

GU - After 6 21 am onwards

GU

1 Min Chart

After 6 21 am it was a scalp sell but as mentioned need under 5330 and 20 to take more new scalp sells or to stay with one longer

If you missed the sell at 6 21 - then 6 30 or 6 39 am - still scalp sells

 

[Forexmospherian]

7 07 am

Daily Target of 50 pips now achieved

Dont worry - dont plan to stop or go back to bed lol

 

[liver1234]

Nice one F

 

[Forexmospherian]

Good Morning FX Intraday Traders

-------------------------------------------------------

-----------------------------------------------------

I will get the LiTs areas out first and say 6 09 am scalp buy on the EA was my trade this morning

Have another good trading day


Regards


F

EA

7 10 am

Started buying approx 1 hr ago

Now EA made a new morning high at 5683 and it given me approx 60 pips so far

On top of that had GU sells make approx 18 pips

Guess I need not worry about missing 8 00 am LO

 

[Forexmospherian]

Nice one F

Morning Liver

Maybe a bit of luck with EA rising 60+ pips in an hr and a nice fall on GU over last 40 mins

Have a good day - i am sure we will have lots more opportunities over the day

Regards

F

 

[liver1234]

Just got 20+ on EA are you still in