I shorted after the bar marked with the 3rd arrow had closed.

LJ Forex Group

If you look at the 2nd chart then price is currently at demand (as per where it is located on that chart). When it breaks this demand it could feasibly turn into supply if price retraces back up to it. So if price bounces from that lower demand zone ...

LJ Forex Group

Also had a long on EU based on 30min bear trap (the earlier short that Greenhaze outlined was nice, but missed it), but scratched it around BE as price couldn't get over that 5min DBD. I have orders in place for Silver FTB long, a UCAD FTB short and ...

LJ Forex Group

Similar setup on GAUD at the same time. - Daily TF chart showing the supply zone. - H1 TF chart showing the compression wedge. - M15 TF chart showing 3 clear rejections from supply - strong moves into supply being instantly reversed one after the ...

LJ Forex Group

Monday's lately are days for some quick scalping. I actually normally line up other things to do on a Monday, and just set alerts for main setups that I'm waiting for and just look for a couple VLTF scalps for some easy pips. Here is one I took ...

LJ Forex Group

Yes I agree, an ideal FTB trade involves price gathering pace as it gets close (and/or a liquidity spike) to the FTB entry area which in an ideal world should be reversed pretty quickly. It doesn't always happen like this, but more often than not ...

LJ Forex Group

With ECAD I would be looking at the daily TF and looking for a bounce from somewhere within the rectangle area up to at least the FLR marked. This is a key daily TF breakout area. Of course it's a wide area on daily which creates multiple demand ...

LJ Forex Group

A zone that is present on multiple TF's means more classes of market participants will be viewing it. I focus around zones (and SR's) that are clear on H1, H4, Daily (and/or) for the most part. Zones that are clear on these TF's hold more ...

LJ Forex Group

I have all of those marked out too - Silver could present multiple opportunities this week.

LJ Forex Group

This is one that I had bookmarked as a potential FTB - but it triggered during Asia on Sunday/Monday open - I never trade during this period. The start of the week for me is Monday - London open.

LJ Forex Group

No idea what the problem is and can't replicate it myself. Have you tried clicking on the link underneath the video which will you to view it directly on the Daily Motion website i.e. this link: url

LJ Forex Group

What I aim to do is to bridge the gap between the professional price action trader and a typical retail price action trader. The main two 'gaps' that need bridging in my experience are knowledge and mindset. For example the typical retail price ...

LJ Forex Group

Crikey, you guys must have seen it before I'd finished formatting the post and categories lol. Yep, new video on my website - Part 1 of 3 describing the FTB Trading Strategy. Part 2 to follow at some point during the week.

LJ Forex Group

Nice one! Thanks for doing this.

LJ Forex Group

I pretty much concur with Xmzhang on this. It was a great area to be looking for a short opportunity, but the real setup was on the lower time-frames and based on the daily TF not sure I'd be overly keen. Will take a proper look later when I review ...

LJ Forex Group

Forgot to upload my trade for the day. A quick short scalp on EU - based on the strong rejection from supply and the likelihood that the support price was sitting on was about to give way as demand had been tested multiple times. Exited at the FLR ...

LJ Forex Group

Ok, that's me done for the week folks. Still aiming to upload the first video regarding FTB's over the weekend to my website. Have a good weekend all.

LJ Forex Group

Another recent example of a good clear SR that we want to use for an FTB - Brent Oil. H4 TF and then M15 TF. Notice how clear this SR is on H4 (also notice where price bounced from before the FTB ). Then on M5 you can again see how clear it is ...

LJ Forex Group

Just to explain what Greenhaze was saying with some more examples... 1. The EU short, notice how clear this SR is, both as a flip zone and more importantly as support most recently. See how price is building up towards a breakout - multiple tests of ...

LJ Forex Group

This worked out nicely in the end. I realised I actually messed up my order placement on this trade, don't know what I was thinking last night when I placed my order, but I ended up missing the move.

LJ Forex Group