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lovejoy80 replied May 31, 2013Short UJ based on compression / bear flag - should have really held some for a test of 30's as looked extremely bearish. +1.63R (Prior to this attempted a BO trade but got slipped and price reacted at the flip area below which is not what I was ...
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lovejoy80 replied May 31, 2013Went long EU for +1.76R - based on all the information present in the charts below (M5 and M1).
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lovejoy80 replied May 31, 20132 trades on GU this morning. 1. M5 FB with clear space below to demand then clear space below that via compression. The M1 SD picture is shown top left and is what my entry and SL was based on. +2.74R 2. M1 BO (breakout) - not the most concise level ...
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lovejoy80 replied May 28, 2013Nice trading today Balhana. That was definitely the way to trade the continuation move on EU, but there was also a way of trading through the initial CP too above which I think is what Freeze was trying to trade. @ Freeze you made bit of a mess of ...
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lovejoy80 replied May 22, 2013Same for UJ: 1. Breakout. 2. Strong rejection and consumption of opposing demand. 3. Break of RBR after lower reaction (clearer on the 30sec chart than the M1) and anticipation that recent highs would be broken. 4. Breakout (this was the 1st trade ...
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lovejoy80 replied May 22, 2013Quick summary of my day on EU: 1. Breakout. 2. Breakout - cut when it unexpectedly reversed. 3. FB + strong buying and consumption of opposing supply. 4. FTB rejection following demand consumption and CP plays out. 5. Break of supply after inability ...
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lovejoy80 replied May 22, 2013That was nice on EU - I was just about to step out so missed it. Two other ways to trade that were the higher retrace entry and the breakout trade too.
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lovejoy80 replied May 21, 2013Trade 4: +1.79R Anticipating a breakout above supply. It may look like I'm going long straight into supply here but I'm not as the PA told me that the supply was likely consumed. The 2nd chart is the key, 15sec chart - 2 DP's within the zone the ...
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lovejoy80 replied May 21, 2013Trade 2: +2.32R Breakout trade a the same supply as the previous trade short was based on. Strong buying and full test of the DP within the supply and retrace to former supply that held (2nd chart which is sub M1 - 15sec from memory).
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lovejoy80 replied May 21, 20134 EU trades for me today, have attached the screenshots and brief description, hopefully they will be clear. Trade 1: +1.65R
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lovejoy80 replied May 18, 2013Apologies it probably got lost in my spam or junk folder, can you resend it and I'll look out for it.
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lovejoy80 replied May 17, 2013So in summary, in this morning's European session that was 6 trades, 5 winners for +8.06R. Notice that the PA I'm trading is all to do with supply / demand, rejection strength (i.e. buying versus selling strength), identifying demand that I want to ...
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lovejoy80 replied May 17, 2013Trade 6: USDJPY + 2.07R Was looking for a short given the previous selling strength and break of the 44 level. We had a liquidity spike + reversal into higher former demand, opposing demand was deep tested and tiny + shallow retrace (weak buying ...
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lovejoy80 replied May 17, 2013Trade 5: USDJPY +1.00R Not a big value trade but a simple fast win (1R in 3mins). Trade was based on double top and 2nd rejection from HTF supply - strong selling (rejection) and consumption of opposing demand with compression below to the left. The ...
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lovejoy80 replied May 17, 2013Trade 4: EURUSD -0.18R Tried another breakout trade, this time my partial close was just missed so scaled out as PA was more supportive of a retest of lower demand (which would have stopped me out).
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lovejoy80 replied May 17, 2013Trade 3: EURUSD +1.44R Another breakout trade - at the same level as the previous trade but this time DBD - was a bit slow on the execution so had to take on more risk than I would have liked (as risk was based on a higher entry). Scaled out at ...
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lovejoy80 replied May 17, 2013Trade 2: EURUSD +1.89R This was another breakout trade after an RBR formed. I took half a position size on this as the buying strength versus selling strength within the RBR wasn't overly clear. But what made me conclude that a breakout was still ...
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lovejoy80 replied May 17, 2013No HTF trades for me today, but here are this mornings 6 VLTF trades - all PA based (all charts are M1 TF unless stated). Each trade has an accompanying screen shot of the trade entry and SL (i.e. trade in progress) together with a clearer chart to ...
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lovejoy80 replied May 16, 2013Yes it is, I missed that one otherwise would have taken it. I took the reverse for the short, but only a small win as final TP not reached (0.7R) plus my finger was rather slow on the sell button and thus got a very poor entry. But the long was ...
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