- Search Crypto Craft
-
lovejoy80 replied Sep 17, 2012I'm targeting slightly higher at 56's and have tightened my SL.
LJ Forex Group
-
lovejoy80 replied Sep 17, 2012Yes, this looks a good one to me. If Indices decide to retrace somewhat there are a fair few good areas to be watching across the major indices.
LJ Forex Group
-
lovejoy80 replied Sep 17, 2012It's probably not one I'd be looking at. I'm more picky on crosses and thus would prefer looking at the 0.9423 area for a long and the 0.9818 area for a short. Finding a HTF SR and searching for the supply/demand that caused the breakout and looking ...
LJ Forex Group
-
lovejoy80 replied Sep 16, 20120.9745 -50 would be my focus on UCAD for an entry and 78.84 area on UJ (I don't have that spike below that area on my FxPro feed). But both are setups I have marked for a trade.
LJ Forex Group
-
lovejoy80 replied Sep 16, 2012This little exercise should go a long way to highlight how to look at SR zones and SD zones and find the key decision points within them which tell us where to expect price to 'react' at. There is a reason why I've uploaded the videos to my website ...
LJ Forex Group
-
lovejoy80 replied Sep 16, 2012FLR identification on chart below. Result: Entry @ either 79.25 / 79.21 with a SL @ 79.12 Exit @ 79.43 i.e. the FLR. Resulting in either +1.38R or +2.44R
LJ Forex Group
-
lovejoy80 replied Sep 16, 2012Now for the FLS. This time we are using other price action knowledge to objectively decide where price is more likely to go to as a FLS. Whether you decide to hold onto all or some of the trade in order to see if the pseudo bear flag / compression ...
LJ Forex Group
-
lovejoy80 replied Sep 16, 2012Okay, onto the 3rd CJ setup. Firstly finding the entry and SL options, same process as previous.
LJ Forex Group
-
lovejoy80 replied Sep 16, 2012I've now added it to the abbreviations, it means Rally Base Rally and is a type of Supply / Demand zone. The four types of Supply and Demand zones are explained in this post.
LJ Forex Group
-
lovejoy80 replied Sep 16, 2012Time for setup 2 - pretty simple this one. Entry @ 79.82, SL @ either 79.70 or 79.66 Exit @ 80.15 - the clear FLR. Result + 2.75R or +2.06R
LJ Forex Group
-
lovejoy80 replied Sep 16, 2012Now the outcome on H1. I'm going through these in a lot of detail to make it abundantly clear to people what I'm looking at and why. I know the critics will say this is all rather complicated - it's not, it takes time to get used to doing, but the ...
LJ Forex Group
-
lovejoy80 replied Sep 16, 2012Okay, let's take each of these CJ setups in turn. Only got time at the moment to go through the first one, rest will follow later.
LJ Forex Group
-
lovejoy80 replied Sep 16, 2012Summarising the PA on AU at the daily supply from Friday...
LJ Forex Group
-
lovejoy80 replied Sep 15, 2012Yep - spot on.
Chanya - this chart should give you some hints for your CJ setups...LJ Forex Group
-
lovejoy80 replied Sep 15, 2012Yes, these are two good FTB setups - there are two more also in the recent past on that chart... Do this exercise for me: 1. Take these 4 setups, use the H4 and smaller TF's to identify the key decision area within each zone (as per my post and ...
LJ Forex Group
-
lovejoy80 replied Sep 14, 2012Another before and after chart of an FTB that hit today - it's certainly been the day and week for FTB's this week ... 12 setups that I've uploaded to the Trading Room (before the event) triggered this week, 11 of which were winners. That takes the ...
LJ Forex Group
-
lovejoy80 replied Sep 14, 2012AU - PA on M5 at daily supply, resistance and previous swing high area.
LJ Forex Group
-
lovejoy80 replied Sep 14, 2012As well as yesterdays GCAD trade here are some other examples of how I look for PA on VLTF's. ECAD was analysed yesterday as price came close, but it hit today. I didn't take either of these myself (Friday is wind down day + admin day for me most of ...
LJ Forex Group