A Master Class in FX Intraday Trading by F & Co

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7.04 am and the GBP and Yen have moved north with Swissie and Euro leading bears .....

all consolidation phase
 
realyl cant be fussed last 10 mins .......usd has sold off a little

GU faking north in my opinion sell it soon
 
About GU, wouldn't be safe to enter above 4520+ ?
Although can enter now... but for that need to keep sl around 10.
Lets See.
 
looks like GU sold me a dummy ................I was expecting a support bounce on USD .....its oversold
 
looks like gu sold me a dummy ................i was expecting a support bounce on usd .....its oversold

nope :(
 

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lost a handful on the GU .............UJ fine though ............up ok nicely this session so far so no complaints .........

I called this a safety play later as I know if the GU failed this one would be winning

N
 

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wow the usd is selling now its lead bear London session.......unusual

ride it
 
gu the buy............egg now wiped off face and I went in around the 15 mark

N
 
What a joke...loss -5 pips on buy trade. Back during LO.

Your timing is wrong

And you are panicing into rash entries

Please slow down and study etc - DO Not do 4 -6 trades in an hr - just 1 to 3 maximum

Also this hour is important still - but by rushing into trades - you have lost your trading zone etc - bad planning Sun - we need to stop you doing these things

The EJ is in a bullish PS but never buy at highs only buy on pullbacks - another mistake - not a good start Sun - but I am hoping I can jolt you out of your mistakes etc and stop you keep making them

Regards

Peter
 
Made 6 pips with GU buy. Now correcting.

Sun

You are rushing about too much

I can do it because I have years and 1000's of trades with my system

BUT - you are still at the learning stage

Delighted you made profit - but stop for 5 or 10 mins and refocus etc etc and dont rush into another 3 trades in next 15 mins - Please ;-)
 
finally the usd is bounceing north ...........could have taken the GU resells at 23 but learnt lesson 2 scalps ago

tricky London...not for amateurs so far
 
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