Looks like I've got some reading to catch up on! Not been well last day or so, was actually up watching markets during Asia as couldn't sleep and took this FB trade. Two positions, one on the H1 FB, one on the 5min retrace to SR. Shaded rectangles ...

LJ Forex Group

Crikey that is some serious skill.

LJ Forex Group

I actually had a unique process - I took a year out to grow an account large enough to be able to continue as a full-time trader. It was a year from hell as I had to trade very aggressively and I wouldn't recommend it at all unless you are well ...

LJ Forex Group

You stuck with it well and came out of it better than I would have. Because I use fixed risk rather than fixed position size it's much harder to attempt recovery because any additional positions are increasing my risk beyond what I considered ...

LJ Forex Group

There were some fireworks last night when I wasn't around and missed this S&P SR FTB.

LJ Forex Group

It was impressive how you recovered from the initial position like you did...I never do well when I attempt some recovery price averaging positions.

LJ Forex Group

I'm not keen on using lagging indicators to guide me as to whether the market is due a pull-back for the day - I certainly wouldn't let it stop me taking a trade. The markets do have mean reversion elements to them for sure, but I feel an indicator ...

LJ Forex Group

In short there is not a hard definitive answer (IMO). But here are some general thoughts as to why (potentially) it didn't act as supply / resistance. 1. Washed Out SR Flip Zone When are looking at SD zones as per my previous posts on AU were are ...

LJ Forex Group

Not hanging around with this, out for just over 1R.

LJ Forex Group

Watching this trade very closely - equities soaring to new highs and AUD under-performing across the board is a sign of a screwed up market!

LJ Forex Group

5min chart explaining true price action.

LJ Forex Group

Price has since reacted of another supply point I'd marked (I actually overlooked something in regard to this one I realised) and I went short when price closed below the edge of the zone (i.e. 1.0514) on M5 TF.

LJ Forex Group

I only read your first sentence when glancing and was about to say the same thing If you were looking at a long setup and price was past its ADR would you not take the setup?

LJ Forex Group

The result when price first retraced back to this area is as per the charts below. I'll do a follow up post at some point on what price action I would be looking for in order to take a short trade at these identified locations.

LJ Forex Group

Nice one on AU. We spoke about this one this morning in the TR - where would I be looking to short from, why and what would I be looking for (within this supply zone). This is also a good example to highlight the usage of multiple TF's to gather ...

LJ Forex Group

I was going to short here, but cancelled my order and waiting for PA - I don't have a good gut feel about going against this Euro charge right now, market generally feels rather thin on volume this week - first time this summer that I've thought ...

LJ Forex Group

Although I agree with your analysis, the big problem for me on this setup is you're heading straight into the daily close, so chance of momentum disappearing is high.

LJ Forex Group

I used this one a fair while ago before my current setup. url

LJ Forex Group

It's a commercial software that I use for placing and managing trades across multiple MT4 accounts -FX Synergy. There are plenty of EA's around though for trade management, I don't use any EA's as such so can't recommend any, but a search on FF will ...

LJ Forex Group

First trade of the week for me, a simple FB on H1, took all profit at FLR for a +1.45R win. I wanted a lower retrace entry but my trade manager was messing me around so ended up with a higher entry than wanted, it also meant I missed a similar setup ...

LJ Forex Group