A Master Class in FX Intraday Trading by F & Co

[Forexmospherian]

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

EA

2 34 PM

No luck staying above 30 or 24 and so under both prices a scalp sell with more supports at 5710/ 12 and then approx 5700

 

[Forexmospherian]

2 45 pm

I think markets waiting for Cad Dollar news

UCad / AU / EA all inter correlated - and atm the UCad wants higher and is bullish and the AU is bearish and is thinking lower

If the EA drops more and Euro is doing basically nothing - then EA more likely to try up again

At the moment the EA is again in a tease area - and personally I dont trust it pre news

 

[Forexmospherian]

]UCad[/B]

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

UCad

2 51 pm

Price now at another new high for day at 3043

Is this a pre news set up ???

 

[Forexmospherian]

3 00 pm

Cad dollar news

it would need to drop under 3000 and 2990 to lose its bull session bias

Red news as been both way spikes - with a 20 pip fall bias atm

 

[Forexmospherian]

3 00 pm

Cad dollar news

it would need to drop under 3000 and 2990 to lose its bull session bias

Red news as been both way spikes - with a 20 pip fall bias atm

Now back bullish above 3025 and 30

A buy atm

 

[Forexmospherian]

So UCad and EA bullish still and AU further falls

 

[Forexmospherian]

Now back bullish above 3025 and 30

A buy atm

3073 high at 3 03 pm

Needs to stay above 57 for now for more scalp buys

 

[Forexmospherian]

EA

3 06 pm

5754 high and a pullback - - also AU on a pullback from a new low of day

 

[Forexmospherian]

UCad

3 10 pm

last high 3073/4 and now dropped under 58

I would only scalp buy again at this point above 77 and 83

Under 72 favours further pullbacks to 40 -45 area

 

[Forexmospherian]

Ucad

3 13/ 14 PM said scalp buy again

I have not done as said would wait until over 77 and 83 - but may miss out here if this scalp buy carries on

 

[Forexmospherian]

UCad

3 13/ 14 PM said scalp buy again

I have not done as said would wait until over 77 and 83 - but may miss out here if this scalp buy carries on

UCad

I made a mistake originally - said wrong pair - not EA but UCad was scalp buy again after 3 14 pm

Missed out on extra 13+ pip but entered at 77 and so far its made 89

69 cut off on buys for now on UCad

 

[Forexmospherian]

3 31 pm

UCad now up at 3097

exited 70% and will leave 30% on with stop in profit at 82

If stopped out - no problem

Back around 4 00 pm ish

 

[Shacau]

UCad

I made a mistake originally - said wrong pair - not EA but UCad was scalp buy again after 3 14 pm

Missed out on extra 13+ pip but entered at 77 and so far its made 89

69 cut off on buys for now on UCad

EA was a scalp buy too so no harm done ; )

 

[Forexmospherian]

3 58 pm

I have pulled my 30% stake at 3108 for now on the UCad - after a LH

I would buy again over 3119 and 23 - but think we might be slowing down again

 

[Forexmospherian]

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

UCad

4 42 pm

Noticed that the UCad as made at its high approx 120 pips above its LiTs area of pre Opens this morning

Its been a good day - mainly for me off the EA and GU - along with the UCad this afternoon

Finished for day now - except for some partials

Will pop back in later

Hope its been good for you - whatever FX pairs you have been trading

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

jees ............did I set up the scalps on a plate or what in this last post ? :smart:

usd came north and those guys sold off

Nice

 

[NVP]

ok gotta scoot ..............

the CAD was mullered earlier ......its dropped over 110 pips on the day and nearly 140 pips from its Asian highs.....that's a lot of pips to bring to any pair trade ....

GBP is the star mover so far on the day ....60 pips from Asian openings....nice

I took some pips on an early scalp session but nothing like that available in the day ...cracker of a day for you full timers !

anyway Usd index now bouncing and ranging around the London high...lets see if she comes north again later

N

 

[NickBk]

ok gotta scoot ..............

the CAD was mullered earlier ......its dropped over 110 pips on the day and nearly 140 pips from its Asian highs.....that's a lot of pips to bring to any pair trade ....

GBP is the star mover so far on the day ....60 pips from Asian openings....nice

I took some pips on an early scalp session but nothing like that available in the day ...cracker of a day for you full timers !

anyway Usd index now bouncing and ranging around the London high...lets see if she comes north again later

N

Not looking my fav EA then I see!

 

[MajorMagnuM]

My favorite trade today. GBP/JPY

 

[Forexmospherian]

My favorite trade today. GBP/JPY

Both the GJ and GU were assisted by BOE Mark Carney's comments on the impact of the UK being in the EU

So your GJ dropped nearly 80 pips MM and the GU from a similar time approx 60 pips

Shame - had finished did not get either

Hope you had a good day MM

Regards


F