Yes this worked out nicely. The problem with using a small zone like this is that it doesn't much 'substance' (technical term!). Zones that are small in terms of pip distance and number of candles are ones that have low substance. Why is this ...

LJ Forex Group

Not sure I understand what you mean, can you explain it in a bit more detail and/or with a chart?

LJ Forex Group

Nice one on the short, I wanted that one too but intermittent internet problems prevented this annoyingly. Not enough time between the BO and retest for the long.

LJ Forex Group

Yes it was FTB - you got a chart because I don't get what you mean as price hasn't retraced back to this area before yesterday since the breakout?

LJ Forex Group

Yes, order-flow is not static it is dynamic i.e. orders at price levels are constantly changing. Sentiment is an obvious reason for this. It is why for example I am cautious when we have an FTB after a strong impulsive move - change in sentiment can ...

LJ Forex Group

It should read 'show no rejection from the demand' ...

LJ Forex Group

1st losing trade for a while (though not a trade I took on my main accounts - it triggered at a time of day I don't trade), the UCAD FTB long. The EAUD trade also missed my order by 1 pip (order was @ 1.2387 but Oanda low was 1.2385 versus FxPro low ...

LJ Forex Group

Thought I would use GAUD to take a little leap forward beyond FTB's and FB's into something more advanced...just a snippet to share the thought process behind watching price action. Now with GAUD we've had a SD zone FTB short which dropped to the SR ...

LJ Forex Group

Nice history at this level on H1 too...

LJ Forex Group

Frustrated by this one, missed getting on the boat off the yen pair retracements and this one was the stand out setup (AJ H1) Very clear SR at the edge of that zone which comes as no surprise that price reacted to it and just hit my final TP.

LJ Forex Group

Nice, but the more touches the stronger the 'level' no? Good to hear from you, hope your business trip is going well.

LJ Forex Group

Personally, I'm only looking at obvious levels on H1, H4 for my standard FTB trades and the lower one stands out much more than the upper one due to the number of recent touches. We can tell this was clear supply that has been overcome and thus I ...

LJ Forex Group

I have two potential H1 SR levels for the FTB on this pair. Thoughts on the M5 chart below.

LJ Forex Group

Going back to the original question, here is how I have identified the area on H1 and M5. It's not really how I like my zones for the really easy FTB trades - i.e. tight consolidation with strong breakout that is clear on H1 and/or H4. This is more ...

LJ Forex Group

Okay, first a caveat - I'm not going into ton's of detail on this because I'm really focussed on teaching certain set strategies and concepts, rather than everything I use in my own trading. Part of that is to do with time and part due to the fact ...

LJ Forex Group

That would be too easy UCAD H1

LJ Forex Group

Missed the DBD FTB early doors this morning (and some yen shorts too!), eyes on the 0.9762 SR level and the 0.9842 SR level now on this pair.

LJ Forex Group

I think you got in a bit too early on your long there. Don't see a decent reason to pre-empt that it was moving up...

LJ Forex Group

Looks like I made the right decision here....

LJ Forex Group

Yes it was GAUD and the FTB has played itself out now, so setup has gone by the by. I'm not as keen on AU as I was before so will watch how price approaches on this one. The reason being that I'm looking at this whole zone as an important pivot zone ...

LJ Forex Group