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lovejoy80 replied Mar 13, 2014Lastly, the final H1 view - the expected momentum move that occurred. Together with MT4 trade statement to go with the 'before' charts for transparency.
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lovejoy80 replied Mar 13, 2014USDJPY FB +6.65R The thought process behind this trade was pretty standard but the setup itself was not one for the inexperienced. Notice how I'm thinking in terms of value versus risks involved and how I can mitigate those risks (i.e. with the SR ...
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lovejoy80 replied Mar 12, 20141. EURGBP Not sure what you are referring to when you speak about tails? The reason I expect the breakout there is due to the HTF PA I mentioned - it all points to longs being 'in control' 2. AUDUSD Selling strength and buying weakness after ...
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lovejoy80 replied Mar 12, 2014Because it is the only significant DP in that demand. So it was a case of looking for suitable entry following that touch (which has the rejection from HTF supply behind it) which is commonly either a pullback, breakout or break/retest entry.
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lovejoy80 replied Mar 12, 2014An AUDJY M30 FTB that triggered during the Asian session for +1.97R
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lovejoy80 replied Mar 12, 2014It was a standard BO trade, so nice one.
LJ Forex Group - PA Only Trades
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lovejoy80 replied Mar 7, 2014The above setup highlights two important considerations when we analyse how 'price approaches' the level/zone. 1. Impulsive moves - is the approach considered impulsive? 2. The close approach - is this a reason to cancel the trade? As you can see ...
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lovejoy80 replied Mar 7, 2014I don't keep statistics for my PA trades as it would serve me very little purpose - statistics are useful when you are taking a more rule based / mechanical / system approach to trading or when you are trading setups like FTB's - setups that occur ...
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lovejoy80 replied Mar 7, 2014I would very rarely do that for the following reasons: If my SL has been hit then I clearly 'read' something incorrectly. You'd have a split second to make the decision as to whether to enter again - this makes it hard to re-assess value in the ...
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lovejoy80 replied Mar 6, 2014In light of my recent decision to make sure this thread is solely dedicated to trading FTB's , FB's and DRT's I've opened up a new thread to share some PA trades / discussion.
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