USDJPY PA trade +3.89R

LJ Forex Group

GBPUSD - general PA trade for +3.26R

LJ Forex Group

AUDJPY Breakout trade for +1R

LJ Forex Group

My limit order was missed on this potential USDJPY long not long after the short trade above. Was another circa 2R opportunity.

LJ Forex Group

USDJPY PA trade for +2R

LJ Forex Group

GBPUSD M15 FTB - not really enough value in this one in the end but it triggered before I'd realised that was the case. +0.6R

LJ Forex Group

The difference is that UCHF is an SR FTB with an RBR prior to the BO (and that RBR has clear multiple DP's at the SR level) whereas the UCHF is just a supply zone without substance, without clear DP's and no SR.

LJ Forex Group

I agree that the momentum is too bullish there. It looks more like a pullback to new demand following the bullish move into supply than a bull trap - also don't see any compression either.

LJ Forex Group

The area itself is not concise enough IMO for the DRT. But the entry and SL placement rationale looks fine to me.

LJ Forex Group

If you look at the zone I drew it represents the supply that actually caused the move down. The zone you drew incorporates meaningless sideways chop during the low liquidity pre-Asia open time period.

LJ Forex Group

The two main points that stand out for me are that the zone doesn't have a lot of substance to it (the zone is as per how I've marked it up) and the move into the zone is quite impulsive.

LJ Forex Group

I welcome people posting their own trades in this thread, but posting trades without detailed explanation / reasoning is rather pointless and adds no value.

LJ Forex Group

It's not really a bull trap up there, I mean who is trapped going long up there? The real area traders would have been trapped would have been upon the temporary break of the swing high to the left.

LJ Forex Group

Being aware of upcoming news is very important when trading FTB's. Orders get pulled ahead of news, liquidity is scarce (and thus the risk of slippage is higher) and the news itself can lead to a shift in sentiment - all things we don't want ...

LJ Forex Group

Understanding price approach and being aware of upcoming news is key to successfully trading the FTB. I take into consideration the following three points: 1. Has a new base formed ahead of the level/zone 2. Is the move into the level / zone ...

LJ Forex Group

One of my strategies is trading the first time back to an SR level following a strong breakout of the level and an arc like move away. When determining the SL for a trade I'm always zooming in and looking at the Supply and Demand structure and this ...

LJ Forex Group

2. EURUSD M15 SR FTB

LJ Forex Group

Couple FTB's that triggered overnight and this morning. 1. AUDJPY M15 SD FTB

LJ Forex Group

No, it's not material enough relative to the move down.

LJ Forex Group

Not something I would have been keen on as the M5 demand you were trading into was the key demand in that area i.e. it's only when that demand is consumed do we know that price is heading to the next target area. It's the demand that caused the move ...

LJ Forex Group