Nice My style is not to hold through draw-down, to pinpoint precise entries looking for quick momentum moves...3 trades on EU and 1 on UJ today in the few hours I was actively watching my charts. M15 chart on EU - technical FB and test of ...

LJ Forex Group

I like your entry but would have used a tighter SL below the new demand that was created. When looking at the FLR it is obvious to be drawn to that clear untested supply but don't forget to look to the left, there was previous demand and other ...

LJ Forex Group

I was close to taking this half risk too. I wouldn't have liked that reaction from the higher ignored supply though.

LJ Forex Group

Ah ok I would have been looking to enter once the immediate former RBR has been consumed following the strong LS+reversal down to the next demand, you know me always looking for the momentum move! Following this price just moves sideways and doesn't ...

LJ Forex Group

If a zone doesn't meet the standard objective criteria for a TT FTB then no I won't take a TT on it unless I have another reason too and that could be a higher TF bias and I'm looking for areas that should hold on a retest entry for example. That's ...

LJ Forex Group

An example of what I was talking about in last night's webinar regarding maximising your R on an FB setup by using supply / demand concepts. H1 FB on EG off two clear areas as per marked on the 1st chart below. I opted for the conservative TP. M5 ...

LJ Forex Group

One more - missed the reaction from the ignored demand - price hitting the flip zone multiple times in quick succession, no real buying strength, liquidity gap below to the left thus high probability of a quick drop to the next flip area.

LJ Forex Group

A PA trade from today on EJ M1. Compression - wait for signs of selling strength and break of demand enter on the retrace. UJ also had a supportive view at the time with a breakout of it's own pennant / triangle etc. UJ hitting a demand DP was the ...

LJ Forex Group

Yes it is, but I wouldn't be going in with a TT based on that demand you've marked with a 10 pip SL. What I would be doing is marking out the ignored supply and watching for PA at that area. If it doesn't react there then I'd be looking for the FTB ...

LJ Forex Group

Annotated chart with comments. With regards FLR that would definitely be my FLR at present, but I'd want to see how price reacted to it on the way down, if it didn't then it wasn't strong demand and thus can't expect it to be strong supply.

LJ Forex Group

Your analysis of the H4 and lower TF decision point zones is very good i.e. you identified the two exact zones that price (if it was to be a H4 RBR) should respect and it did react at both the latter one being the source of the current move higher ...

LJ Forex Group

Why was your entry so long after the DBD had been formed and retested? Also not a great time of day to be expecting any decent momentum.

LJ Forex Group

I had that one planned too but wasn't around and as you mentioned it triggered around news time.

LJ Forex Group

1 FTB trade for me today on AJ:

LJ Forex Group

Very nice analysis there. I would not really trade that as a standard FTB, I'd be looking for VLTF PA for a reaction of there or an FTB (on the basis it might turn into an FB - i.e. less risk cos effectively you are trading straight back into an SR ...

LJ Forex Group

Nice setup - where did you enter back at the scene of the FB or after the breakout and retest of the zone you marked?

LJ Forex Group

I had the same setup planned with the same FLR

LJ Forex Group

Crikey, thanks for all the posts folks, it means a lot...there will be another add-on to the current website material soon and this has given me some motivation to get organised and start the ball rolling on this over the course of this week. ...

LJ Forex Group

I wan't around to catch those, but some peeps in the trading room caught that FTSE as well as the 2nd opp to get in on the CP back up as per the chart below. I always prefer Dax to FTSE myself as it's just smoother on M1. USDJPY is fast become my ...

LJ Forex Group

It's taken too long to get above that level again - it's got to be 3-4 bars max for me - the more 'liquidity spike + reversal like' the better.

LJ Forex Group