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lovejoy80 replied Dec 10, 2012Not too keen on GNZD otherwise I have the others on my watchlist too (apart from ACHF as I don't watch this pair intraday). A few others to add to the list...
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lovejoy80 replied Dec 7, 2012I'm still here, just busy with members (as have started to share some more advanced material) and am slowly winding down for the year. Will post some setups and trades next week.
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lovejoy80 replied Dec 4, 2012I will be watching that area if price gets back up there, but not for a TT I'd want to see a good rejection from that zone and an FB off the previous high that was made.
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lovejoy80 replied Dec 3, 2012It was a partial loss as I'd already reduced the exposure by 50% as price wasn't moving like I wanted it too. I got some small slippage on most of my brokers except FXCM which had some material slippage.
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lovejoy80 replied Dec 2, 2012If you mean the long from the H1 demand at the 1734.70 area then yes this was a valid FTB setup and one which I took a loss on. There was unusual order flow at the Comex open in that there was huge sell orders that entered the market which caused ...
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lovejoy80 replied Dec 2, 2012Balhana answered it perfectly, there was ignored demand to the left (which was the basis of my short) a 15min DBD slightly higher and then the SR flip you have marked higher up - this in effect creates stacked supply zones.
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lovejoy80 replied Nov 30, 2012Up and down week for me but ended the week on a good note, simple Gold VLTF FB (entry on the retrace) from H1 ignored demand, riding it to the next H1 SR. (H1 and M1 charts below).
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lovejoy80 replied Nov 30, 2012Same result, slightly different entry rationale...former zone edge and thus demand turned supply now consumed so entered on the retrace...two possible clear entry areas I got the higher one. Riding it to the next H1 resistance (H1 and M1 charts ...
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lovejoy80 replied Nov 28, 2012If you went and looked at tons of FTB setups you'll find a large % of them (I'd hazard an educated guess at 80%+) have an immediate retest on one TF or another. The majority of breakouts have immediate retests of sorts - it's a good thing that this ...
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lovejoy80 replied Nov 28, 2012It wasn't no, as not looked that far below price yet - looks a very clear H1 SR, not sure I like how close price came to it on the retest after the breakout though. That area does have significant on the daily TF though so even if I decided not to ...
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lovejoy80 replied Nov 28, 2012Indices and commodities in particular are more volatile than FX in terms of their ability to have sudden impulsive moves. I took a partial loss on Gold too.
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lovejoy80 replied Nov 28, 2012Why not the immediate retest? I like immediate retests they confirm to me where the DP is. A falling wedge would not really bother me...price falling and consuming supply as it does so and then accelerating into the FTB area when it gets close would ...
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lovejoy80 replied Nov 28, 2012Take a look at M1 TF - my entry is higher...can you see what my entry is based on now? My SL is again based on M1 @ 1732.30, why not below the zone low - because I don't perceive the demand at that zone low area to be strong - price left it with no ...
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lovejoy80 replied Nov 27, 2012Lastly, next one likely to trigger is Gold - though I'm not leaving an order in place on this overnight. image
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lovejoy80 replied Nov 27, 2012A couple came close to triggering before moving away - I like the daily locations of these so have reduced my risk but not cancelling unless an obvious SR base forms. image image image image
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lovejoy80 replied Nov 27, 2012A few I had to cancel due to lack of value - but might be off use to some to see what I was looking at. image image image
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lovejoy80 replied Nov 27, 2012Whilst on the subject of FTB's quite a few around at the moment. Two of mine from my watchlist triggered today, Dax and Dow long (I only took Dax). image image
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lovejoy80 replied Nov 27, 2012You did well to get value in this. Yes that would be my FLR and there isn't really anything PA wise to tell where price will head next.
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lovejoy80 replied Nov 27, 2012I'm liking this setup less now due to the support that has formed too. Was looking for compression into the area but that hasn't materialised. If there is not value in a move up to that current support then yes I'd be cancelling the order.
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lovejoy80 replied Nov 27, 2012It's all to do with volatility. Volatility has steadily decreased throughout the year so as volatility decreases the number of setups on H1 decreases - thus you have to follow the volatility by moving down TF's. A rigid mechanical trader tends to ...
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