A Master Class in FX Intraday Trading by F & Co

[NVP]

just playing the 8am bar then outta here........

looking to re buy GBP mainly or resell AUD or NZD

hey all .....just working still on this one now ........really time to work for me

back later
N

 

[sun11]

GU finally reach the resistance 50 now even over. I closed my trade at 56.
I had 3 trades. It was not multi lots in that way. 1 was full lot, rest was micro lot i was buying in low.
3 trades fetched 23,21,20 pips.

Out now, no over trading, will be checking for opportunities in next hour.

 

[Forexmospherian]

8 34am

GU - so far made 4263/4

Now 41 -43 is a clear interim support area - so we need to stay above there on pullbacks

Trouble is 4260 is also a R area as well

Hope fully we can buy again above 45 and see if we can test 70+ - but watch time rules next on the high

 

[Forexmospherian]

GU finally reach the resistance 50 now even over. I closed my trade at 56.
I had 3 trades. It was not multi lots in that way. 1 was full lot, rest was micro lot i was buying in low.
3 trades fetched 23,21,20 pips.

Out now, no over trading, will be checking for opportunities in next hour.

Well Done then Sun

 

[Forexmospherian]

Out for 9 00 am - will pop back after 11 00am then I reckon

Good Luck guys - got some questions to answer as well - so will get round to them later


Regards


F

 

[NVP]

just playing the 8am bar then outta here........

looking to re buy GBP mainly or resell AUD or NZD

o man o man .........to be trading .............:whistling

sure it looks like usd is falling and it is a little ...but this is not to scale .................NZD has dumped nearly 80 pips now London session

AUD is a sell as well ........but nothing like its faster buddy

N:smart:

 

[NVP]

just playing the 8am bar then outta here........

looking to re buy GBP mainly or resell AUD or NZD

likewise.......GBP is 70+ now Asian / London sessions:smart:

usd USD .........its relatively flat compared to gbp in truth .....ignore the scaling on charts

N

 

[Forexmospherian]

8 34am

GU - so far made 4263/4

Now 41 -43 is a clear interim support area - so we need to stay above there on pullbacks

Trouble is 4260 is also a R area as well

Hope fully we can buy again above 45 and see if we can test 70+ - but watch time rules next on the high

GU

11 00 am Update


This pair as been good to both Sun / NVP and myself this morning

After 7 30 am and above 4220 - we knew it was in a bullish price structure for the morning session

My chart maybe can explain thast - as really 4200 -4210 was a LiTs area - above favoured buys and price rising and below both prices the opposite

4240-42 provided the break out spot - ideally we needed over 45 and 50 and then it was going to try higher

That happened and we had narrowed it down to price staying over 4222 and 4227 to keep looking at scalp buys etc

Here's my chart set up

How confident was I that it would make above 4250 ? - maybe only 70 -80% - the probabilities favoured it - but the market as we know can do what it likes at times - luckliy this morning - it kept to the basic rules of HH's and HL's

 

[Forexmospherian]

EJ - This AM session

EJ

7 37am

Not traded it this morning - so had not mentioned it

Not been nice compared to EU and EA - the set up is mixed and the PA is bitty - other pairs easier to scalp

I just see a 60 -70 pip range for now - so will wait and check out every 30 or 60 mins

EJ

It became a better set up after 8 00 am and LO

Now its clearly in a bull price structure for the AM session above 128 00 - in fact would need under 127 70 to get it into a bear structure - see chart

 

[Forexmospherian]

UCad - AM Session

I have it in a bearish price structure under 4280

The low as held well over 30 mins at 4240 area - so for now for me its in a range from say 4240 to 82/85

UCad

Comment at 7 45 am this morning pre LO

It was in a bearish price structure under 4270/80 area and once it made under 4240 - then it was just sell sell sell.

So far nearly 100 pips from the Open times

Nice set up on 1 min LR Chart

 

[Forexmospherian]

GU - MIdday Update

GU

11 00 am Update


This pair as been good to both Sun / NVP and myself this morning

After 7 30 am and above 4220 - we knew it was in a bullish price structure for the morning session

My chart maybe can explain thast - as really 4200 -4210 was a LiTs area - above favoured buys and price rising and below both prices the opposite

4240-42 provided the break out spot - ideally we needed over 45 and 50 and then it was going to try higher

That happened and we had narrowed it down to price staying over 4222 and 4227 to keep looking at scalp buys etc

Here's my chart set up

How confident was I that it would make above 4250 ? - maybe only 70 -80% - the probabilities favoured it - but the market as we know can do what it likes at times - luckliy this morning - it kept to the basic rules of HH's and HL's

GU

12 06 pm

Price now at 4295 area with 4306 last high

We need to stay above 4270 on pullbacks to stay bullish for tries higher

Back now for 1 30 pm news

GU Chart

 

[sun11]

Good afternoon,
Anybody looked at Ucad. I think it's in a nice shape for buy trade.



Just don't know how far should I target?

 

[sun11]

Good afternoon,
Anybody looked at Ucad. I think it's in a nice shape for buy trade.

Just don't know how far should I target?

closed it at 4. Planning to rebuy around 4174 zone. if it holds.

 

[Forexmospherian]

closed it at 4. Planning to rebuy around 4174 zone. if it holds.

Low as held - but need a HH at 4186 and 90+ for confirmation of any turn starting

Also news in 5 mins

 

[Forexmospherian]

GU

12 06 pm

Price now at 4295 area with 4306 last high

We need to stay above 4270 on pullbacks to stay bullish for tries higher

Back now for 1 30 pm news

GU Chart

GU

1 30 pm

High so far 4340

Pullbacks need to stay above 4312/5 for looking at buying again

 

[Forexmospherian]

Low as held - but need a HH at 4186 and 90+ for confirmation of any turn starting

Also news in 5 mins

Cad news at 1 30 pm as strengthened Cad resulting in UCad falling again - but not made a new low yet

 

[Forexmospherian]

EU

1 45 pm

Price around 0800 now

Under 0820 its still in a bearish PS for US session - but 0790 / 0800 is also a support area

 

[Forexmospherian]

EJ

It became a better set up after 8 00 am and LO

Now its clearly in a bull price structure for the AM session above 128 00 - in fact would need under 127 70 to get it into a bear structure - see chart

EJ

1 49pm

Went under 128 00 - and so dropped out the bullish Ps

Now down at 127 70 - crucial area now as under here we go more into bear land and bias

 

[Forexmospherian]

EJ

It became a better set up after 8 00 am and LO

Now its clearly in a bull price structure for the AM session above 128 00 - in fact would need under 127 70 to get it into a bear structure - see chart

Updated EJ chart for 2 00 pm update

 

[Forexmospherian]

Cad news at 1 30 pm as strengthened Cad resulting in UCad falling again - but not made a new low yet

UCad


2 00pm

Previous low held and from 1 35 pm and 4150 + it became a scalp buy again

This time it made over the prices both Sun and I needed for a turn - but still not quite done 4200

If 4170 holds again - look again for more scalp buys