in my opinion such huge spiky PBs which cast a net on all stops "above the PPZ"(and not the PBs which are just the touch-n-go types) have good chances of a trade being runners. i dont trade PBs though(except such ones).i like BEOBs more..very ...

LJ Forex Group

here again for example,NZDCAD BO trade i took last week, entry was a lil over 0.82,TP was below 0.8274,SL was hidden below the blue area. now 0.82 is such a strong area,calling 0.8233 as a 'relevant' FTA is bit irrelevant in my opinion. so if ...

LJ Forex Group

yes i took an immediate retest here goes my thinking: 1.46 is a strong S-R area as per the daily chart..esp. there are so many "recent" bar highs . Price broke this range on H4 yesterday. 1.4640 as u mention..now thats not an FTA(for me) given that ...

LJ Forex Group

,entry was 1.4606,SL-1.4557 i see 2 failed PBs on M30,BEOB on h1,thinks were really looking fishy. so closed when price started sliding down..(ignore the sell limit)

LJ Forex Group

1st trade of the week,took a partial loss on this today few hours back,with Monday opening with BO of the 1.4588-1.46 range,timing was good but things were not looking good so!

LJ Forex Group

I(and others) have understood the importance of fundamentals from u Mr. LJ. until few months back,i use to ignore fundamentals,but looking @ Economic Calendar has become a routine now. Keep up the good work. OK DONE↓

LJ Forex Group

im in that trade,entry:66.53,SL:67.05. watching Gchf closely 1.4586-1.46 range potential BO, also keeping an eye on NCAd 0.82 BO(waiting for a daily close here).

LJ Forex Group

Hey LJ, hope u had a nice weekend. i don't go below h4 or h1 given the other commitments i have. just a Q,wat was ur risk on this trade? with that tight stop isn't there is a fear of quick loss?? Many Thanks

LJ Forex Group

Hey Mike,watsup buddy? how is it going in NY? Hope all is well! just thought i should say a "quick hi" P.S:Reading the thread quietly

james16 Chart Thread

this shit is really getting heavy, i wld watch for a breakout and retest play of Yellow PPZ.

james16 Chart Thread

and 1.30 should be a lovely setup again.

james16 Chart Thread

AudChf: 0.9265+61.8 js to be careful i will watch how the monday opens.

james16 Chart Thread

Hello everyone, here is one setup i wld be watching. retest of this monthly BEOB on AudNzd @ 1.28 i wld be watching if price retrace upto 1.28.

james16 Chart Thread

i posted this live on twitter, 1394.TP hit @ 1390.5 its friday,so i thought i shld take some quick profit and wrap up quickly.

LJ Forex Group

Nice take on that!! thanks for the valuable info!learning new things as always!yes it was just 1st lesson after all!! Good Trading!

LJ Forex Group

Point is 99% of ppl on forums know this thing!but only few manage to get to be profitable..i believe there is more to the story more than just the S-Rs, there will be such good S-R everywhere on the charts,but using psychology,"well-trained" ...

LJ Forex Group

i skipped this.but yeah have to agree that BEOBs have a very good strike rate.i love playing BEOBs

james16 Chart Thread

just found this interesting: url it has nothing to do with trading! but a good read!

james16 Chart Thread

Bought ECHF @ 1.21,i believe this is some serious change in the trend,plan is to take profits @ respective PPZ and add more positions once it CA major PPZs was watching this pair closely since 12hrs,price shooting up so hard isn't a joke right.

LJ Forex Group

Yesterday's daily closing was a concern but continued the trade.. i hve just reduced my risk,SL @ 0.9220(Initial SL :0.9195) my target 0.93. will check the chart later after 3-4 hours. PS:beauty of co-relation of Ecad,CadChf

LJ Forex Group