Missed my alert going off on this one. Notice that price has arrived here from the SD zone FTB short we had yesterday.

LJ Forex Group

Nicely explained TJ. I would also add that (in regards to the first pattern) this is essentially 'distribution' - can you see that each new high is very quickly rejected - this is a sign of buyers starting to 'distribute' (unwind their long ...

LJ Forex Group

My trading is mostly intraday - as I am a full time trader it's more logical and efficient use of capital to trade intraday rather than trade based on daily+ TF's. However, the strategies I employ intraday can be easily applied on any TF. Please ...

LJ Forex Group

I didn't take this setup - UJ was strongly indicating it was going to break the support (strong selling into a 6th time back to this support) as per the chart below at the time and with UJ often leading the Yen majors it was a something to be taking ...

LJ Forex Group

Second trade of the day. H2 bull trap of a clear H1 SR range. +1.9R

LJ Forex Group

It was one on my watchlist, not A+ mind. I didn't take it though, didn't like the PA leading into the area which is more important for me on a setup I don't consider a standard very good one. Will explain with charts later. Hopefully it works out ...

LJ Forex Group

Thanks for posting this, if I'd had some time I would have zoomed in and had a look, it did look ok on the LTF.

LJ Forex Group

Yes there is other stuff but I can't explain a whole strategy in one post and I don't want to explain it here on FF in the middle of a thread. Hence why I'm (albeit slowly) loading content onto my website from a reasonable starting point. Teaching ...

LJ Forex Group

I use Oanda or GKFX. GKFX is spreadbetting, though they do have a non-spreadbetting arm that might be worth checking out too. I have no idea about minimum deposit.

LJ Forex Group

With an FTB you need a bigger 'arc' than that - we want price to move away, create an arc like pattern before returning. The example below is typical of what to look for.

LJ Forex Group

Quiet morning relative to yesterday, nothing really on the near-by radar so time for some VLTF (M5, M15 TF) action. Simple RBR + SR FTB on Gold for +1.05R

LJ Forex Group

Couple of FTB's that triggered overnight during Asia as examples.

LJ Forex Group

It looks ok, would prefer more space between the breakout and the return though from a value / FLS perspective. I watch that much and I am always more cautious on the crosses when it comes to FTB's. I will be going over the SR FTB shortly (1-2 ...

LJ Forex Group

This is my M5 view of the H1 SR FTB setup on AU. The top decision level is the bar high to the immediate left on H1 - not something that was respected on the breakout, but can't completely dismiss it. It is this RBR that IMO lead to the breakout of ...

LJ Forex Group

You seem to have bought right into former demand turned supply. Price had a nice breakout of that lower zone, but you've entered far too high IMO. I would have been looking for a breakout +immediate retest +rejection out of that lower range or the ...

LJ Forex Group

Lastly, EURNOK - same type of setup, daily supply and price showed strong rejection on H1 which was also a bull trap of the previous highs. FLS was technically very close but given the daily supply, the bull trap and the strength of the rejection I ...

LJ Forex Group

Trade 3 - EURSEK - just happened to see this when browsing my H1, H4 charts - clear strong H4 reaction from a supply zone. Entered at market with SL above a logical area price shouldn't cross - the strong reaction suggested price should pretty much ...

LJ Forex Group

Second trade , ACAD FTB long based on the RBR. Now of course this is correlated to the GAUD setup in that they are both bullish AUD setups. I also had a limit order in for the AU SR FTB long at the time. My ideal scenario is to take all 3 but with a ...

LJ Forex Group

Extremely busy day today in the markets, 4 trades, 4 winners. Had to have some patience with some of them and was made to work hard for these %R gains but they all add up in the end. Firstly, GAUD - we've been through the setup and the decision ...

LJ Forex Group

Yes, I would be looking more around this area. I'll annotate a chart later.

LJ Forex Group