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lovejoy80 replied Aug 9, 2012Price missed my order by a fraction on an EJ long (order was at 34's), it did exactly as expected though.
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lovejoy80 replied Aug 8, 2012It was a bit of an iffy looking QM IMO (I don't even have the first LL's on my feed for some reason) - did you not reduce some risk when it hit supply @ 78's (which was also a bearish QM on M5)?
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lovejoy80 replied Aug 8, 2012Taken some more profit and moved SL up. Have locked in just over 1R on this trade and circa 3R for the day.
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lovejoy80 replied Aug 8, 2012I would also add that on M1 price action also told us when price was likely to move south i.e. as well as the bigger picture telling us to expect a sharp downward move etc.
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lovejoy80 replied Aug 8, 2012Took final profit when price reacted off the daily demand couple with S&P sitting on support for +1.9R. Am now long EU from 1.2328 and have reduced net risk to zero by banking 50% profit at FLR of 1.2345 and reducing SL by same amount of pips.
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lovejoy80 replied Aug 8, 2012Not a pair I watch, but I'd be looking higher up for a short setup. Am currently short AU based on 10min pin off potential H1 QM right shoulder.
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lovejoy80 replied Aug 7, 2012Received a ton of emails with responses, didn't get time to read them all today...some on the right track some not. The fact that virtually every response referred to some chart pattern sums up the inability of retail traders to read pure price ...
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lovejoy80 replied Aug 7, 2012Outcome of the Dow short - scaled out due to bullish PA, net +4.5R to go with the +4.7R today. Will go through the reasoning as per the Q's above later
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lovejoy80 replied Aug 7, 2012Took a partial loss on AJ - reaction off daily supply and close below SR - price really didn't react like I expected so scaled out. I don't watch GU that closely so got in later relative to others, waited for the demand to break and got in on the ...
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lovejoy80 replied Aug 7, 2012Gold short - FB off an SR after reacted off supply. Some profit taken at the SR flip it just hit.
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lovejoy80 replied Aug 7, 2012Very nice, I saw this one just a tad too late. Was an easy trade though as was the Gold one you posted yesterday. You're taking too these noisier TF's like a fish to water.

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lovejoy80 replied Aug 7, 2012% will vary according to risk taken, I run multiple accounts with different trade management and different risk levels, some more aggressive than others. I view a good month as >15R and a poor month as between 5-10R - I have a lot more good months ...
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lovejoy80 replied Aug 6, 2012Been taking it easy lately as it's the vacation season. Firstly a side note - plenty of people moan about trading at this time of year - as traders we have to adapt to different trading conditions and summer trading can still produce great setups if ...
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lovejoy80 replied Aug 2, 2012Busy morning ahead of ECB, 3 trades all for the same reason, keeping it simple and grabbing the certain pips ahead of the volatility.
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lovejoy80 replied Aug 1, 2012Shorted EU this morning, H1 FB of previous swing high and off a supply zone (can only see it on M5 - sometimes VLTF will reveal something a H1 won't). Missed the rejection of the supply and got a partial retrace entry (didn't expect it to retrace so ...
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lovejoy80 replied Jul 31, 2012Nice setup - fair few FB's on EU VLTF today. On day's like today when we know it's very likely to be a slow day and setups on H1 and H4 etc. are likely to be scarce we have to adapt and move down the TF's to find some volatility. The EU M5 picture ...
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lovejoy80 replied Jul 31, 2012Closed out my EU trade - price has finished retracing the compression and has formed a potential RS at the H1 bearish QM. Not entertaining a short at present, but it's enough to close out my longs. Took a partial loss on a Gold long, but not a bad ...
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lovejoy80 replied Jul 31, 2012When the H1, H4 TF's are quiet it's time to scroll down to get involved in the action. Quick trade on gold based on FB off the previous highs from a reaction of higher supply.
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