A Master Class in FX Intraday Trading by F & Co

[Forexmospherian]

Morning all members who have just started following this journal

I am getting a lot of bad ( rubbish ) again posted on other threads again from Sunday

Thankfully - these alternative fans ( haters ) cannot disturb this journal atm - but they never give up - they must know its my 2 year celebration this week on this forum

Thats' after one of them saying I would not last 2 weeks - lol

Out this morning - but should be around lunchtime and for a couple of hrs trading from 2 30 to 4 30 pm

See you later guys and feel free to post charts and comments etc etc

Regards

F

 

[Forexmospherian]

9 38 am

EU

so far low at 1036

after 9 30 am its gone to scalp buy from 1039

Easy to spot and take when you have a 1 min LR chart set up

I would need to see over 1055 and 60 to stay with scalp buys - otherwise - take what you can

If later we go back under 1040 and 30 - then i would look at more scalp sells

EU

12 47 PM

Price never went under 39 - or 40 or 30 - so a partial worked

It then as risen over 35 pips up to 1078 and after 12 30 and 12 39 pm became a scalp sell

I am out my 30% stake buy at 62 and now waiting to see if I can buy again above 1045 /50

 

[Forexmospherian]

I have missed one red US dollar news release at 12 30 pm - was not back in time

Next one at 2 00 pm - and I should be around for that news - although still to have a late lunch

Before then I will update a few pairs

 

[Forexmospherian]

Pound crosses

12 57pm

Only one pair i have been trading tested the low of morning again - and that was the GJ

Both the GU and GA have seen various rises - GA over 60+ pips and GU only about 30 pips and GU and GJ still with bearish bias though - GA not quite the same.

GU as good interim supports at 5315 to 25

I would need to see that areas breached to take more scalp sells or hold on to any I have off last scalp sell under 5350

 

[Forexmospherian]

EA

1 00 pm update

Ever since after 9 00 am and 9 30 Pound news - the EA as been bullish and a scalp buy

Its risen over 70 pips ( slow for EA in 4 hrs ) similar to EU - but that was only 35 pips

Ideally pullbacks need to stay above 5250 to take new scalp buys and then make over 5305 to add

 

[Forexmospherian]

EU

12 47 PM

Price never went under 39 - or 40 or 30 - so a partial worked

It then as risen over 35 pips up to 1078 and after 12 30 and 12 39 pm became a scalp sell

I am out my 30% stake buy at 62 and now waiting to see if I can buy again above 1045 /50

1 05 pm

Got a scalp buy at 1045/6 at 1 00 /1 01 pm

Need over 63 to stay with buys - otherwise i just take a scalp profit

I am popping out in 10 mins - but hope to be back for 2 00 pm news

 

[Forexmospherian]

EU - Update for 2 00 pm US Dollar news

I scalp bought at 1 00 pm - as already commented on

I needed over 63 to stay with buys and it made 65 and then pulled back

I now know under 1042 and 35 I look for more scalp sells - and whilst we stay over 1045 - then maybe more scalp buys and I try up to the 1070 - 80 area again

The 2 00 pm dollar news might have an effect

This is the 1 min LR chart with the scalp opportunIties in this last hour

 

[Forexmospherian]

2 00 PM

Initial dollar weakness with 15 -20 pip spikes

Need to check after 8 -9 mins

 

[Forexmospherian]

EJ

2 05 PM

This pair as carried on falling from after both early Opens

Now just made another new low of day at 132 78 - EU also falling

 

[Forexmospherian]

8 19 am

Yen crosses - EJ / GJ

Both pullbacks at 8 00 LO were under 10 pips and then both pairs have since dropped again

From the 7 00 am EO - EJ now dropped over 45 pips and GJ nearly 60 pips in total - over 100 pips in total

No - not got them all - but now made over my daily pip target

Yen crosses

2 17 pm

EJ / GJ and even UJ have all been bearish - showing a strong yen today

Both the EJ and GJ have made more new lows in last few minutes - and I gain off my partial sell stakes

 

[Forexmospherian]

2 23pm

Besides the GJ making a new low of day - GU as always now dropped under its 9 30 am news low and now under 5300 and 5290

Bounces under 5300 are still sells again for now - but this may change after 2 30 pm

 

[Forexmospherian]

2 23pm

Besides the GJ making a new low of day - GU as always now dropped under its 9 30 am news low and now under 5300 and 5290

Bounces under 5300 are still sells again for now - but this may change after 2 30 pm

2 33 pm

It actually changed at 2 27 pm - not after 2 30 pm with a scalp buy coming into play on the GU

5300 to 5305 is the test - if we clear both then we watch time rules

If we stay under both prices - then we will test low again

 

[Forexmospherian]

2 33 pm

It actually changed at 2 27 pm - not after 2 30 pm with a scalp buy coming into play on the GU

5300 to 5305 is the test - if we clear both then we watch time rules

If we stay under both prices - then we will test low again

Nearly an hour later - we never cleared over 5305 and the sell at 3 00 pm as so far only dropped 15 pips

 

[Forexmospherian]

Very boring so far this afternoon

As normal lots of scalp opportunities for 3 - 10 pips but so far no nice rallies etc

Will pop back after 4 00 pm -

 

[NVP]

classic usd patterns today

http://www.trade2win.com/boards/for...-basic-ideas-strategies-1703.html#post2647754

 

[Forexmospherian]

6 58 pm

Sorry did not pop in after 4 00 pm. Had some other business to sort out and then just when i was ready to look at the markets again - 2 phone calls that wasted nearly another 40 mins and by then I just thought to late in the day other than to scalp.

Actually i have missed out some nice larger scalps on both the EA and GU after 4 30 pm - shame

Best scalps today off the GJ

I hope you have all had a decent day and will try and get back to normal tomorrow - today - I was busy from 6 30 am to after 10 am and then really only got another 60 -90 mins after that - although my daily target was well out the way by 10 am

Just going to check how Sun - Remulix and Keen have been getting on next


Regards

F

 

[Forexmospherian]

Wednesday 28th October 2015 - Pre Opens

Good Morning FX Intraday Traders

Mid week and an unusual day today - as all the main red news is after I have normally finished trading - ie US afternoon session and after 6 00 pm UK time

We had Aussie Dollar news after Midnight that ended up with the AU dropping more and the EA & GA carrying on bullish

Pairs like the EU and UJ look very boring again - but I will cover them during the day.

I am around again all morning - but only plan to do 2 -3 hrs training and then pop back lunchtime and 2 hrs in the afternnon. If I have not easily covered my daily pip target then I will pop back for the later news after 6 00 pm

Have a good day and look forward to any questions - other charts - calls etc etc

Regards

F

 

[Forexmospherian]

Missed 6 00 am ish scalps this morning - the EA being the best as might expected with a 20 + pip fall within 15 mins

You know my KT's and if you have the LR set up correct - then its a case of scanning the 2 to 8 pairs you monitor and look for all the clues we required for a scalp

6 20 / 21 am on the EJ as just given me the first 4 pips of the morning - and what was nice on this move was the stop need not have even been 3 pips - as the level was perfect with other previous pullbacks

OK LiTs areas next

 

[Forexmospherian]

LiTs Area for Wednesday Am session

6 44 am


EU - 1019 - 1053

GU - 5279 - 5322

UJ - 120 20 - 120 50

UChf - 9860 - 9880

UCad - 3260 - 3290

AU - 7180 - 7213

EJ - 132 80 - 133 15

EA - 5295 - 5355

 

[FXWorx]

Morning All