That was a standard bear flag for me - a clear sign price is breaking those previous lows to the left.

LJ Forex Group

The EU setup was a good one, clear compression into a strong demand zone. USDx is certainly looking heavy and looking to close below daily demand on my feed.

LJ Forex Group

I have my daily resistance higher around 0.7955, the lower area of 0.7946 is a H1 SR. You can tell this a) but the multiple tests at this area and b) by the M1 RBR prior to the recent breakout. The daily resistance is definitely a key decision ...

LJ Forex Group

Do you mean taking the trade when price retrace back to test a previous pivot and the compression TL area i.e. where marked? I tend to just enter as soon as I see the sign I'm looking for, I don't wait for bar breaks or anything silly like that. If ...

LJ Forex Group

Not a pair I like much, but I have the potential long at the 0.7946 area marked as well as a potential short from the RBD @ 0.8028.

LJ Forex Group

Yes I'd be zooming in to find a RBR at the breakout area.

LJ Forex Group

Some notes on GU.

LJ Forex Group

I didn't take it as an FTB...took it based on the compression and engulfing bar on M5 - same targets though. Notice the strong selling (relative) bar followed by a strong buying bar - that's a sign of the Pro money getting involved and we retail ...

LJ Forex Group

Thanks. No, that's Balhana who is on a business trip...the chance off a business trip for me would be great but my business (trading) takes me nowhere apart from my home office lol.

LJ Forex Group

Areas I''ll be watching for PA for potential short - would prefer a pull-back first for a potential long into these supply zones (there is some heavy stacked supply above the main zone shown in the chart below).

LJ Forex Group

Both look like areas to be watching - upper one is clear supply, lower one being 'ignored demand. There is also a key level that was broken in between these two... I'll look at Gold in more detail when I go over my charts Sunday evening, but in the ...

LJ Forex Group

Here is a trade that just closed on one account. Price might go much higher but I just took it to the FLR for a +1.4R win on this account. (I do have it still open on another account with SL up to 1.9855 so we shall see how this one pans out). This ...

LJ Forex Group

Yep I've had this one on the radar for a while too...looks good to me.

LJ Forex Group

You didn't necessarily mess this up, price could have easily bounced earlier but there was strong selling just above and other signs to expect a deeper test of demand (which you wouldn't ordinary expect on the first retrace). I'll run through it ...

LJ Forex Group

very similar trade, have taken a chunk off too.

LJ Forex Group

Fine with me - nice trades. I had an AU long yesterday - was painful watching the weakest USD major slowing progressing from demand! Will post later when get time.

LJ Forex Group

I was too zoomed in to see this forming in time earlier...big rejection from demand + TL causing a false break of a daily SR. Combine this with some compression...

LJ Forex Group

People have different views on this. I prefer zones that don't have months between them as I prefer zones that are fresh in the mind of short term traders and am not that fussed on zones that I have to scroll back months to view. But I know others ...

LJ Forex Group

1min chart.....are you crazy

LJ Forex Group

Saw this later last night, thought about putting an order in but, well, I didn't. False break of the daily SR with price hitting clear supply. Nice H1 close with clear compression wedge.

LJ Forex Group