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lovejoy80 replied Mar 26, 2014That's not how I look at things, I consider things like this: HTF SD HTF Directional Bias VLTF PA to trade the HTF directional bias. Thus, all my trades are actually based on expected HTF moves (M30-Daily) that will occur intraday. With regards SD, ...
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lovejoy80 replied Mar 26, 2014Quiet week, only 1 setup so far this week, an ACHF FTB.
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lovejoy80 replied Mar 23, 2014A USDJPY FTB trade from Friday (identified by Trading Room members in my absence)
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lovejoy80 replied Mar 21, 20143. GBPSGD FB +2.02R Notice how even on a cross pair the M1 proved useful source of information (for SL placement).
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lovejoy80 replied Mar 21, 20142. EURGBP DRT for +1.22R (late entry due to late being in front of my daily charts thus lost over 1R in potential profit).
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lovejoy80 replied Mar 19, 2014There is stacked supply all the way up to the source of the drop if you look closer. Hence I wouldn't have been looking to go long up there, would have instead been looking for a bull trap.
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lovejoy80 replied Mar 19, 2014Ha, yes a lot get sucked into that approach. It's the illogical SL placements below bar highs/lows that I find amusing. IMO the biggest money earners come from teaching that approach and not trading it...and there are plenty out there. There are ...
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lovejoy80 replied Mar 18, 2014Some chat from my Skype group which highlights how I look at the PA off a given pair top down. Have attached the H1, H4 and Daily charts to the post. [12:47:51 | Edited 12:48:02] TheTradersGuild: Why was GU heading much lower.... url [12:49:43] ...
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lovejoy80 replied Mar 18, 2014Generally, yes as you are then trading directly into space.
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lovejoy80 replied Mar 18, 2014I have both multiple instances and multiple coloured lines. Instance 1 - Daily and Weekly charts Instance 2 - H4 and H1 charts I mark up major swings, SD zones and SR pivot zones on the above charts. I then move the current relevant information from ...
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lovejoy80 replied Mar 18, 2014It's certainly not the best hours to be intraday trading. Part of being a trader is adapting though - I'm fortunate enough to be able to trade from London open to London close, but you've got to work with what you've got - you can't change the times ...
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lovejoy80 replied Mar 18, 2014Identifying what SD needs to be consumed is part of the pre-planning process isn't it. I mean I'd be looking at the flip and the ignored demand just above and would be thinking there has to be supply within there somewhere that caused price to break ...
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lovejoy80 replied Mar 18, 2014As a follow up post, notice how the area price actually bounced from was the DP within the demand highlighted above. Knowing exactly what should hold / where price should react from at worse is extremely important, not just for trading FTB's but for ...
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lovejoy80 replied Mar 18, 2014AUDJPY M30 FTB this morning for +1.28R (M30, M30, M5, M1, M1 TF charts below)
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lovejoy80 replied Mar 14, 2014Annotated chart attach should answer it.
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lovejoy80 replied Mar 14, 2014Trade 3 and job done, good weekend all.
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lovejoy80 replied Mar 14, 2014Focussed mainly on EURGBP today due to the HTF strength and clear SD picture, missed couple opps wanted on AUDUSD but wasn't really interested in the 'risk' correlated pairs. Three trades, should be enough clues on the charts to explain the reasons ...
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lovejoy80 replied Mar 13, 2014In answer to the recent posts: 1. Once the supply I marked was consumed price was heading back to the SR flip. 2. Price consuming that supply in it's entirety is what told me that and it's also the supply that should have held if shorts were firmly ...
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