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TraderinSD replied Aug 24, 2015Trading the GBP - LIVE Cont: image As we can see the original set up was correct. I simply got shaken out. We make decisions and we live with them. Good trading to all TSD
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TraderinSD replied Aug 24, 2015Trading the GBP - LIVE Cont: image Price did not appear to be progressing. We broke down on the triangle and hard into the 4HR SR Area. If we would have bounce off the lower triangle line I would have stayed coming back up inside.. that would have ...
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TraderinSD replied Aug 23, 2015Trading the GBP - LIVE Cont: image Lets look at what I mean by High Relative Volume. See how this Volume is higher than any preceding volume over many days. Price entered a Demand Area on this volume. ( you can see this on different TF's as well ) ...
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TraderinSD replied Aug 23, 2015Trading the GBP - LIVE Cont: image We opened with a slight gap down but price recovered a bit above the entry. Re adjust the major/high TF trend line ( sometime you will need to do so as price can shift a bit ( IMHO this is the reason why trend ...
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TraderinSD replied Aug 21, 2015Trading the GBP - LIVE Cont: image We are back in positive territory. The SR Area is holding to this point. We got a bit of a bounce off the above Supply Area mentioned earlier. image Hopefully will get the Yellow SR 4HR line .56933 to hold. We ...
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TraderinSD replied Aug 21, 2015Trading the GBP - LIVE Cont: image Stepping down into the 30M TF to take a look inside the trade. We are back in positive territory for now? We see HL's from this last Base inside the SR Area. Next stop should be the small Supply just ahead. TSD
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TraderinSD replied Aug 21, 2015Trading the GBP - LIVE Cont: image A wee bit under water. We are back at the SR Area in orange...popular place
...will see? TSDCommit to the Trade
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TraderinSD replied Aug 21, 2015Trading the GBP - LIVE Cont: image The small Demand is a 15M not a 5m as previously mentioned in the above chart. Its what I get for trading well past Mid Night in my part of the world
TSDCommit to the Trade
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TraderinSD replied Aug 21, 2015Trading the GBP - LIVE image image I'm of the opinion that when a Base is formed and we begin to see Higher Lows ( in this case ) that the overhead Daily Supply acts like a Magnet pulling price to it, the Daily Supply. It is the next logical ...
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Started Aug 21, 2015|Trading Journals|306 replies
Welcome all, As my trading is a bit different and not wanting to be disruptive to other ...
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TraderinSD replied Aug 20, 2015Trading the GBP - LIVE Cont: image image We picked up a quick 26 pips. As you will notice price did continue to push short and eventually hit my previous target price from the previous trade above.. Appears I was bit early
Good ...B.S. Trading with Kenneth Lee
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TraderinSD replied Aug 20, 2015Trading the GBP - LIVE Cont: Took another short for a quick scalp on the GBP. Basically the same sentiment based on previous short trade observations. image image TSD
B.S. Trading with Kenneth Lee
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TraderinSD replied Aug 19, 2015Trading the GBP - LIVE image Here is a Monthly view of the GBP. The pressure is up. When i look at this chart I see that price is trying to return to major Supply. So I always ask myself where is the pressure in the instrument I am looking to ...
B.S. Trading with Kenneth Lee
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TraderinSD replied Aug 19, 2015Hey HG, Really interesting...!! I have seen this in the past.. Looks like I need to review
Thanks for the input. Always appreciated
Good trading to you ! TSDB.S. Trading with Kenneth Lee