A Master Class in FX Intraday Trading by F & Co

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just came back for a look ...from 9am bar I would be

Selling EA
Selling EU

and I would have been buying GU until a few mins back !!!

N
 
ea is THE sell ...........50 pips down from 6am now ........massive swing from early gains London
 
ok back later ..............nice nice market today so far ....good pickings off of smooth pair runs
 
EA - Update at 10 20 am UK time

up to 94 from low 50's 10 mns ago ......wow !! :eek:

ea is THE sell ...........50 pips down from 6am now ........massive swing from early gains London


Morning N

Approx 150+ pip drop in around 3 hrs from LH at 5772 ish area at 7 21 am

It caught me out on a partial sell early on - and then went into my scalp buys area - and caught me out again - although I had stop in profit on partial sell

But then after I had a quick look after 9 00 am and it all made sense so left more partials stake on after scalp sells

Only back for 15 mins - also done OK on a GU partial buy from 4247/8 - but lucky as well as it pulled back to within 3 pips of that price later on during its rise

Not planning to scalp again to over lunchtime

See you later on guys

Regards


F
 
just came back for a look ...from 9am bar I would be

Selling EA
Selling EU

and I would have been buying GU until a few mins back !!!

N

what a beast !!! (y)

N
 

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EA - Low held over 30 mins after a 180 pip drop

EA

11 42 am

We had a great 3 + hr fall on the EA - approx 180 pips from EO time and then we had the low

So far its held over 30+ mins and was a nice scalp buy after 10 51 am - a Key Time at the start of the 11 00 am Time window

I have started to confirm entries from a tick chart rather than just the 1 mins - as sometime on big movers - you get more clues off the tick

So far its been a 45 + pip move up - when I screenshot my chart it was only about 35+ pips

Note the LRs on the tick and PA and of course all the other clues from 10 51 am

218430d1455709372-master-class-fx-intraday-trading-f-co-ea-17216-10-51-am-scalp-buy.png
 

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A Time Window scalp and 3 Key Times used on the EJ

EJ

12 50 pm

ATm this pair is in a BTTZ area - ie tease zone with no new high or low made within 30 + mins and set up to dither and tease and catch scalpers and intraday traders out

However - in the last previous hour we had a classic Time Window scalp buy and then a sell dead on Midday at 12 00 pm

Caught it on the tick chart - and the 11 21 am ( kt) to 11 39am ( kt) gave approx a 20 pip rise and scalp buy

Then at 12 00 - midday we had the high and a scalp sell - and in 9 mins it dropped 16 pips

So 2 scalps - and a possible easy 25+ pips if you get used to reading PA - at the coalface and in the noise

Forget trying to do it on a 15 min or one hour + chart - you need accuracy to the pips and exactly with time etc

Here's the example

218436d1455713604-master-class-fx-intraday-trading-f-co-ej-tw-scalp-3-kts-17216.png



Now at 12 54 pm the EJ is trying to rise out of the BTTZ tease area
 

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EA - 12 30 pm scalp sell set up on Tick chart

EA

1 07 pm

News on US Dollar in 25 mins or so

This is a EA scalp sell set up - again at a KEY TIME - ie 12 30 pm

Note the set up and PA and LRs and TL's etc etc


218440d1455714357-master-class-fx-intraday-trading-f-co-ea-17216-12-30-pm-scalp-sell.png



ps - IT WAS A 30 PIP FALL and scalp sell and now needs to stay under that LH at 5641
 

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1 20 pm

Red US Dollar news in 10 mins

Then further more important red news on dollar at 7 00 pm this evening

Might pop in later for that - if about after teatime
 
EA

1 07 pm

News on US Dollar in 25 mins or so

This is a EA scalp sell set up - again at a KEY TIME - ie 12 30 pm

Note the set up and PA and LRs and TL's etc etc


218440d1455714357-master-class-fx-intraday-trading-f-co-ea-17216-12-30-pm-scalp-sell.png



ps - IT WAS A 30 PIP FALL and scalp sell and now needs to stay under that LH at 5641


EA

1 28 PM

5614/5 LOW before news - out of sell
 
EU - After 1 00 Pm on Tick chart set up

EU

1 41 PM

It was a scalp sell from 1 00 pm and for 1 30 pm news - you either leave 30% on with a stop in profit - or just exit as I did on the EA

Heres the tick set up - fairly clear on direction so far for this last 40 mins or so


218452d1455716435-master-class-fx-intraday-trading-f-co-eu-17216-pm.png
 

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Ok - back next sometime after 3 00 pm

Done a few hrs - need some fresh air and a break - and a very late lunch

Good Trading


F
 
3 30 pm Update

GU

From 3 00 pm the GU as risen in price approx 50 pips

NICE SET up with Low at 2 30pm HOLDING for over 30 mins and it already been in a scalp buy from low

Back after 4 30 pm next
 
4 30 pm Update

GU now up approx 75 pip from 3 00 pm scalp buy

Will post a tick chart later on it - if I can cover the 90+ mins
 
Morning N

EA

Approx 150+ pip drop in around 3 hrs from LH at 5772 ish area at 7 21 am

It caught me out on a partial sell early on - and then went into my scalp buys area - and caught me out again - although I had stop in profit on partial sell

But then after I had a quick look after 9 00 am and it all made sense so left more partials stake on after scalp sells

Only back for 15 mins - also done OK on a GU partial buy from 4247/8 - but lucky as well as it pulled back to within 3 pips of that price later on during its rise

Not planning to scalp again to over lunchtime

See you later on guys

Regards


F




EA

4 43pm


Today from after 7 00 am the EA as now dropped approx 270 pips - as well as having a 60+ pip retrace in between

I do like it better than GJ and GA - although will admit not traded those pair as much - as so not so used to them
 
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