Lastly, NU short...based on bear trap of the channel and more importantly the clear SR after price hit supply (clear former demand). Scaled out 75% at the FLS and scratched the rest near entry. +1.08R Note the tight SL used - no need for large stops ...

LJ Forex Group

GNZD H1 bear trap (or so I thought!). Definitely not as obvious as the previous examples I've been uploading but this SR still has some nice history to it and I know setups like this produce a positive expectancy over the long run - but with a lower ...

LJ Forex Group

UJ FTB hit today, pretty straight forward stuff, took full profit at FLR, not the best %R but a very high probability setup, +0.79R. Stop loss was @ 55's - check the 5min and you'll find the initial source of demand that the SL was based on. As ...

LJ Forex Group

This trade demonstrates accumulation / distribution in action on M1. UCAD short based on a return to a very clear M30 TF SR. As usual I zoom into M5 and M1 to look for PA...multiple PA to base a short on as per charts below. 4 pip SL on this trade - ...

LJ Forex Group

It is a place where stops might be accumulated and where novice traders might be enticed to go long on the break - but it's not the most obvious of examples - if this was a major swing high then this would be a more obvious place for stops and ...

LJ Forex Group

Whilst I'm talking about missed trades here is a H1 FTB on GNZD. I did take some trades today honest...6 in fact (NU + ECAD already discussed - will go over the others later).

LJ Forex Group

Another example - Dow (Oanda feed) - bull trap. M15 and H1 TF charts attached. This time the liquidity spike i.e spike + instant reversal is seen much more clearly on H1 TF. But we can see on M15 the clear SR and the clear DBD just above and how ...

LJ Forex Group

Another very similar example - something I missed at the time which I'm definitely not happy about as this is a very high probability setup. This is AJ H1. 1. Price hit a clear DP within the DBR demand zone. 2. By moving into this area price was ...

LJ Forex Group

Nice one. This area was on my radar and in fact I had a short from the rejection off the lower M15 DBD and small bull trap of the channel which I scratched for BE as it didn't display the momentum follow through I expected (Normally I'd take the ...

LJ Forex Group

This chart looks familiar but can't pinpoint which pair and TF it is... In this case this is rejection from demand because that bearish bar was reversed... In fact this looks like a classic bear trap setup to me from looking at your ...

LJ Forex Group

Nice charts and analysis on EG and Silver. I think I was the only one that passed on EG today...really don't like that pair.

LJ Forex Group

It doesn't look that clear to me and your chart looks very different to mine. There were two great examples today and I missed them both annoyingly - will upload them in a bit.

LJ Forex Group

Ah can see it now, cool. Don't tend to watch Silver too closely myself on VLTF relative to Gold. Did you get into the short setup? I had a QM PA trade long on ECAD today. H1 and 5min charts below. Price was in H1 demand and had hit a obvious DP - it ...

LJ Forex Group

Nice trade outcome, but that is not technically a QM - your 'LL' is not lower than you 'L'?

LJ Forex Group

Next you'll be telling be you drink Soya milk ...

LJ Forex Group

Yeah I missed that short too annoyingly. You're right, good analysis there, price was consuming the supply - just took a damn age to do it given how slow yesterday was.

LJ Forex Group

A quick scan of some charts and here are two more examples. This time the point at where price reacts is not as predictable as the CADJPY setup. But the area is predictable as one where the order-flow dynamics that is essential to a bull/bear trap ...

LJ Forex Group

An example of a bear trap and how the setup could have been foreseen and why. This type of trading setup is what I'm looking for every day - bull and bear traps are easy setups to find and result in some very high probability setups. This all ...

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This is a possibility. What you have to remember in a bull (or bear) trap is that you want to be able to conclude that (a) a significant cluster of stops were triggered and (b) novice traders were enticed into going long. The former provides ...

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I just counted and I have: - 36 forex pairs. - 2x metals (gold+silver). - 2x commodities (crude oil+brent oil). - 6 Equity Indexes - Bund + USDx on my watch-list. With regards FTB's I 'mainly' focus on daily, H4 and H1 TF's for obvious stand out ...

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