Trade 3: USDCAD break and re-test off an SR following consumption of supply and clear strong rejection strength and thus the obvious expectation for continuation momentum. +1.7R H1, M15, M1 charts below.

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Trade 2: USDJPY +2.28R M5, M1 charts below. (the previous trade is based on order-flow info from 6J and is outside what I discuss in the public domain).

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3 PA trades today, 2 on my specialist pair USDJPY. Trade 1 - USDJPY +2.12R M15, M5, M1 charts below

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USDJPY PA trade:

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GBPJPY FTB trade for +1.35R

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EURNZD PA trade for +1.9R

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The 2nd chart is definitely an area where you'd be looking for price to hold if the bull trap is still intact - so yes I'd have been looking for a short there. I preferred AUDJPY daily chart for a PA trade last week with bull trap - strong rejection ...

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You can find details of how to join the weekly strategy review webinars via the link below: url Information and registration for next weeks Psychology webinar can be found via this link: url

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Apologies I had to cancel the planned Psychology webinar on Tuesday (been busy with some hardware upgrades to my trading setup and evaluating disaster recovery options and ran out of time to finish writing the content for the webinar), it will be ...

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Ah my specialist pair...nice one, I was looking at exactly the same thing, but chickened out as my trade entry was right at NY open and for me large lots + session open = chance of spikes and slippage that I is too risky for me. Here is how the ...

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A very good example.

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If price could head slightly lower and consume the stacked demand marked then I'd be interested in shorting on PA if price headed back to the stacked supply + scene of the bull trap.

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If you look at the daily TF you can see the history at this area and how important it is. For me there is too much history (and the recent PA not indicative that price will break) to want to just trade a short that low, I'd rather see a clean break ...

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What I would be looking for is a deep test of that demand and clear new supply (or former demand) back up at the scene of the FB for either a TT or to look for PA off. The way you've marked the demand does not represent the true demand there - it ...

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You missed out the lower demand which wasn't consumed... Thoughts on the recent PA on EAUD H1 below.

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Yeah, your entry should have been on the retrace there not on the breakout.

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Your entry looks a bit early for my liking, care to explain why you entered where you did?

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Too volatile a move down for me to want to take a BO there, the immediate retest of broken former demand was the more logical entry there IMO.

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Trade 4: Following the US data had a strong break of the 88's zone, retrace held so was looking for any new demand to be consumed in order to get short, looking for a move down to the lows and then a follow on move to the daily low. I did aim to run ...

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My other UJ trades today (might be a bit hard to follow some of these screenshots as there are always higher TF's view playing a role too, but get a blank chart and you should be able to follow the rationale). Trade 1: M15 FB looking to trade it ...

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