A Master Class in FX Intraday Trading by F & Co

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Forexmospherian

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A Master Class in FX Intraday Trading by F & Co


Hi T2W Members

This Trading Journal will be open to all T2W members - old or new who fit the following criteria

1. They have as minimum 12-18 months of FX trading experience ideally part of it on a real live capital account and are familiar with existing main trading strategies and are prepared to take anything from 4 to 9 months to learn a "fusion method" that as proved very profitable for myself over the last 7 years - day in day out.

2. Unfortunately no FX newbies can be accepted - the method is fairly complex and is certainly not for traders who want a set and forget easy and simple method using higher time frames. Nothing against these methods - I am sure some can be profitable but this method requires a lot of focus and ideally having at least a 2 to 6 hr available to carry out a number of multi intraday trades every session.

3. This form of FX trading requires strong disciplines - it is a discretionary method but the trader needs to be in control of his mindset and able to accept high and lows during the training part

4. I am NOT a vendor . I am a Full Time FX retail trader who earns money from movements on approx main 8 pairs. The training class is totally FREE. There is no scam . Not every trader who undertakes 4 to 8 months of the continual class will make it and many might find out within a month or two if it is for them.

5. Initially to take part you need to be accepted as a "Forum Friend" on my Forexmospherian Profile. Approximately I have 40 members who might want to participate. This can increase to 50 or 100 or even more - but its important you adhere to the basic rules and I don't get complaints from other thread members regarding behaviour - be it argumentative , rude , continually off topic etc etc

The main method as already been explained under various other threads on T2W.

I will update during this next few days . With this being a Trading Journal - I am keen to make Live Calls in advance of the actual intraday moves and support this with charts and statements ideally provided by trader participating and performance updates

I don't want to provide any real or demo statements on new account from myself - as they will be misleading and not representative of what you might expect within your first 1 to 3 yrs of using the method. Unfortunately even real live statements shown by Major Magnum - the only trader besides myself who has been using the method over 18 months as been called a cheat / cowboys etc - so really its best that you as a student of the method either set up your own thread and post your own trades - or please feel free to post them on here.

My method is Trading Fusion at its best. Maybe a quote from author& Dr Mircea Dologa fits my method more than his own -

" following price evolution in a time-price virtual space"


I cannot take credit for all the parts that make up the method - its got bits of Lance Beggs and Al Brooks along with Dr Silvraman and many parts of other strategies combined with my own input based on my experience with Linear Regression and Intraday Key times and time rules.

Add to it advance money management and you end up with a method that can have extremely low risk but high returns on a daily and weekly basis.

Major Magnum has proved it can be learnt - no way can it be sold or learnt in a short 2 day course or on DVD's etc etc - that's what I like - its complexity means it maybe NOT for 80% of traders - but as we all know somewhere between 85 and 95% of all traders never make it after 3 or 5 or even 7 yrs anyway

I had not planned to start this thread until October - the 2 year anniversary of the Intraday Live short term trading calls from an Expert Retail Forex Trader - because I am away on Holiday in September - but it was not fair for both the T2W moderators and staff and the genuine followers to be continually involved in disagreements etc that was taking the other thread off course.

The format is changing - but hopefully it will end up even more popular and very helpful to many member who trade FX

Thank you for your understanding and i will be not accepting PM's again soon as want to keep everything open on the Journal

All the best and Good Trading

F
 

Forexmospherian

Legendary member
39,928 3,301
OK - i think all sorted - my friends / contact list as just gone up from approx 40 to 168,453 now.

............................................. - only joking

Will try and start in earnest tomorrow am - with the new format etc etc

Might in next hour stick up some type of diary of activity etc

If any proper Contact/ Friend wants to see if they can comment etc - feel free

Cheers

F
 

Forexmospherian

Legendary member
39,928 3,301
Tomorrow is a new month September 1st 2015

Sorry going to miss about 11 days in total out of the 22 trading days due to holiday and other commitments

Most months on an average 20 trading days I get at least 18 days - with maybe some only part days but still over 5 hrs of trading in them

Tomorrow - hope to start on this journal from approx 6 15 / 6 30am up to 8 20 am

Will miss red UK pound news at 9 30 am but will be back for 10 30 am to lunch time and try be around for 2 more red news announcements at 1 30 and 3 00 pm UK time

Bound to cover EU and EJ during the day and also GU and UCad with news releases

Not going to be posting every 5 mins - as you will be following on your own 1 min charts and already know my KT's and Time windows etc

If not - read some of these threads first etc

198138d1441054753-master-class-fx-intraday-trading-f-co-forexmospherian-other-threads-t2w.png


as well as old

http://www.trade2win.com/boards/dis...trading-calls-expert-retail-forex-trader.html
 

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MajorMagnuM

Legendary member
9,284 888
A Master Class in FX Intraday Trading by F & Co


Hi T2W Members

This Trading Journal will be open to all T2W members - old or new who fit the following criteria

1. They have as minimum 12-18 months of FX trading experience ideally part of it on a real live capital account and are familiar with existing main trading strategies and are prepared to take anything from 4 to 9 months to learn a "fusion method" that as proved very profitable for myself over the last 7 years - day in day out.

2. Unfortunately no FX newbies can be accepted - the method is fairly complex and is certainly not for traders who want a set and forget easy and simple method using higher time frames. Nothing against these methods - I am sure some can be profitable but this method requires a lot of focus and ideally having at least a 2 to 6 hr available to carry out a number of multi intraday trades every session.

3. This form of FX trading requires strong disciplines - it is a discretionary method but the trader needs to be in control of his mindset and able to accept high and lows during the training part

4. I am NOT a vendor . I am a Full Time FX retail trader who earns money from movements on approx main 8 pairs. The training class is totally FREE. There is no scam . Not every trader who undertakes 4 to 8 months of the continual class will make it and many might find out within a month or two if it is for them.

5. Initially to take part you need to be accepted as a "Forum Friend" on my Forexmospherian Profile. Approximately I have 40 members who might want to participate. This can increase to 50 or 100 or even more - but its important you adhere to the basic rules and I don't get complaints from other thread members regarding behaviour - be it argumentative , rude , continually off topic etc etc

The main method as already been explained under various other threads on T2W.

I will update during this next few days . With this being a Trading Journal - I am keen to make Live Calls in advance of the actual intraday moves and support this with charts and statements ideally provided by trader participating and performance updates

I don't want to provide any real or demo statements on new account from myself - as they will be misleading and not representative of what you might expect within your first 1 to 3 yrs of using the method. Unfortunately even real live statements shown by Major Magnum - the only trader besides myself who has been using the method over 18 months as been called a cheat / cowboys etc - so really its best that you as a student of the method either set up your own thread and post your own trades - or please feel free to post them on here.

My method is Trading Fusion at its best. Maybe a quote from author& Dr Mircea Dologa fits my method more than his own -

" following price evolution in a time-price virtual space"


I cannot take credit for all the parts that make up the method - its got bits of Lance Beggs and Al Brooks along with Dr Silvraman and many parts of other strategies combined with my own input based on my experience with Linear Regression and Intraday Key times and time rules.

Add to it advance money management and you end up with a method that can have extremely low risk but high returns on a daily and weekly basis.

Major Magnum has proved it can be learnt - no way can it be sold or learnt in a short 2 day course or on DVD's etc etc - that's what I like - its complexity means it maybe NOT for 80% of traders - but as we all know somewhere between 85 and 95% of all traders never make it after 3 or 5 or even 7 yrs anyway

I had not planned to start this thread until October - the 2 year anniversary of the Intraday Live short term trading calls from an Expert Retail Forex Trader - because I am away on Holiday in September - but it was not fair for both the T2W moderators and staff and the genuine followers to be continually involved in disagreements etc that was taking the other thread off course.

The format is changing - but hopefully it will end up even more popular and very helpful to many member who trade FX

Thank you for your understanding and i will be not accepting PM's again soon as want to keep everything open on the Journal

All the best and Good Trading

F

love the quote from Mircea.
Agree about Lance Beggs, have been following his teaching for a while and have to say there are similarities. his htf is m5 and ttf is m1
 

Forexmospherian

Legendary member
39,928 3,301
Tuesday 1st September 2015 - Pre Opens

Good Morning FX Intraday Traders and welcome to our new home

Starting a bit earlier today as not going to be at my desk for 9 30 am UK time and for a red news announcement on the Pound and so therefore wanted to spend an extra 15 mins or so checking out some intraday levels on some key pairs ready for the 2 Opens and the UK Pound news

Its been good to see some dollar weakness from midnight and for the first European session of the new month

Came onto the T2W site this morning and had to laugh - it bought a smile to my face - another new thread in the discretionary trading section - nice one .

Well I then thought that reminds me about any traders taking new buys on the GU and though will have to post my 1 min LR chart to show you some key times when you should have been buying it - and really any time before 7 09 pm and before 5340 was not advisable yeterday

In fact ideally you waited until after 10 pm - and 11 pm and Midnight - and 2 00 am and then bought - but unfortunately i was not up after 11 00 pm so have not made already 150 or 200 pips out of it this morning

Lets have a look at what I mean - of course easy in hindsight - but then how do you make money out of trading with hindsight orders on live accounts.?

Lets leave that to the traders who use hindsight charts :)

GU - 1min LR Chart

198162d1441081991-master-class-fx-intraday-trading-f-co-gu-10915-am.png
 

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Forexmospherian

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39,928 3,301
The Format for this new journal is going to change from the old Intraday Thread

I will carry on doing my so called "Line in the Sand" (LiTs area) on main key pairs so that i can assist you all with whats known as "wrapping" - ie setting up orders - in advance and at market either side of the LiTs. To do it well - again ideally you need some scalping knowledge - but don't worry you dont need to have 5 yrs experience at it to be able to do it my way.

Intraday "wrapping" is nothing like analyst comments made from a 4 hr or daily chart - ie you know they type - example - EU is at 1270 now and you buy it above 1400 and 1600 with targets of 1625 and 1793 with stops of 100 pips and you sell in under 900 for targets of 780 and 650 - with 150 pip stops etc etc

Instead its like I said in a Comment on Friday am 28th August on the EU - scalp LiTs is now 1260/62

You scalp buy it above that level and scalp sell it below that level - yes with tight stops

It was a key interim level for that session - and of course worked brilliantly for the day
 

Forexmospherian

Legendary member
39,928 3,301
Before i start with the LiTs on pairs this morning and some updates on some key pairs - ie EU / GU / EJ / UJ / EJ / AU / UCad/ UChf etc its important I assist you on how to get the best from this new trading journal

First of all - like when you go to a IMAX Cinema and you are given 3D glasses to experience a new way of watching films in 3D etc - you need for this thread a basic 1 min chart on the pairs I comment on - ideally with just 3 LRs on it

To understand more about that - check out Sun's thread

http://www.trade2win.com/boards/trading-journals/208116-my-journal-pathways-improvement.html

As she is going through the stages of learning this Master class in Intraday FX trading over the next few months - so why don't you join her - and even set your own thread up and try it out etc
 

Forexmospherian

Legendary member
39,928 3,301
OK

so you have your basic chart set up and now you need the Key Times and the Time windows

There are 6 KT's every hour - ideally you need to take a new scalp when all the necessary clue line up - ie interim levels - LRs cross or line up in a time window around a KT.

We will do some over this next hour

KT's - 6 00/1 am - 6 09 am - 6 21am - 6 30 am - 6 39 am - 6 51 am

I will show you examples of my chart from this next hour - OK - I know I will make it sound and seem easy - and its not - but like any skill - it takes time to be able to carry it out well - and that does not come from just taking 10 or 50 trades - you need 500+ just to get to base level
 

Forexmospherian

Legendary member
39,928 3,301
I don't expect to take 6 scalps an hr on just one pair - some hrs there might be 2 or 3 good scalps off a KT - other hours just one - and even some hours - none

But you dont just cover 1 FX pair.

Ideally you cover at least 2 or 3 pairs and then as you progress - you move up to 4 or 6 or even 8 pairs

But for now its Step by Step
 

Forexmospherian

Legendary member
39,928 3,301
I am in scalps atm - but that's irrelevant for now as what i do and even what Major Magnum does is not going to happen to members following over night or just in a month or two.

Allow ideally 4 to 8 months .

You will know if its for you within 2 months and if you are not fairly consistent after 4 months - then maybe its not a method suited to you

OK - lets get some structure going with an update on the EU and the LiTs for some main pairs
 

Forexmospherian

Legendary member
39,928 3,301
6 12 am

EU

The LR cross over was 6 05 am on the scalp buy at 1266/7

Earlier than 6 09 am KT but still in the TW

Resistance is 1275 to 1285 - so to hold on to any scalp buys - we need to breach that area

Main interim supports - already mentioned this morning and mentioned several time on Friday am is 1260/62

The EU is for now in a Bullish PS for early session - pre Opens and i will explain in a chart
 

Forexmospherian

Legendary member
39,928 3,301
6 20 am

LiTs areas for key FX Pairs for morning session

EU - 1230 - 1250 ish

GU - 5355 - 5375 ish

EJ - 135 85 - 136 05 ish

UJ - 121 05 - 121 27 ish

UCad - 3130 - 3155 ish

UChf - 9650 - 9670 ish

AU - 7105 - 7122 ish
 
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Forexmospherian

Legendary member
39,928 3,301
6 12 am

EU

The LR cross over was 6 05 am on the scalp buy at 1266/7

Earlier than 6 09 am KT but still in the TW

Resistance is 1275 to 1285 - so to hold on to any scalp buys - we need to breach that area

Main interim supports - already mentioned this morning and mentioned several time on Friday am is 1260/62

The EU is for now in a Bullish PS for early session - pre Opens and i will explain in a chart


EU

6 23 am

Hows the scalp buy going ??

Have we made above 1275 or 80 or 85 yet ?

so far only got 1277 - so its moved up 10 pips and anything from 4 to 7 pips would be acceptable as a first scalp of the morning

If you want to leave some part stake on or try it with stop in 2 pips of profit at say at 1268/9 that up to you

Will post this move in a bit and also show the scalp sell at 6 21 am from 1275
 

Forexmospherian

Legendary member
39,928 3,301
EJ - My favourite Intraday Pair

I am in scalps atm - but that's irrelevant for now as what i do and even what Major Magnum does is not going to happen to members following over night or just in a month or two.

Allow ideally 4 to 8 months .

You will know if its for you within 2 months and if you are not fairly consistent after 4 months - then maybe its not a method suited to you

OK - lets get some structure going with an update on the EU and the LiTs for some main pairs

This comment was said just after 6 00 am

Its now 6 38 am

You already know about the 2 EU scalps - but had not said anything about my favourite the EJ - let the chart sum it up


198166d1441085988-master-class-fx-intraday-trading-f-co-ej-6-am-10915.png
 

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