This was the EJ short, EU short (which didn't work out) and FTSE short setups. Watching AU closely for a short opportunity now and the winding down for the day.

LJ Forex Group

Closed 80% @ 12711's and rest out for couple pips profit. Looking for a FTSE, EJ and EU short

LJ Forex Group

I'm short Dow futures from 12378 (SL @ 12755) based on this SD FTB.

LJ Forex Group

Indeed it was. There was a nice one on UJ too across various TF's

LJ Forex Group

Now the second obvious option in terms of how to trade this setup was with the daily BEOB that formed on Friday in mind. This would mean looking at the H1 for discounted entry and SL in order to take advantage of the expected bearish price action ...

LJ Forex Group

Had a few emails about how to play the USDJPY FTB setup that occurred earlier. (It actually highlights some other common traits in the retail space that is worth going into). From my perspective there are two ways trade this setup, the first method ...

LJ Forex Group

A mixture of FTB's and FB's today all over the place.

LJ Forex Group

Took some wins on S&P500 and CADJPY longs this morning as per tweets, taking it easy though as struggling with the flu - there have been a ton of setups today (UCAD, UJ, Bund, Dax, CAC40, AJ to name a few). Will post some charts later.

LJ Forex Group

...and where did price stall...right at the supply zone edge on the FTB!

LJ Forex Group

A follow up on the Gold chart from above...where did price stall at a clear demand zone, after breaking the SR just above...another example of a big trap for the novice trading thinking this is a breakout when in fact it's merely a trap and a false ...

LJ Forex Group

Was discussing this setup earlier in the TR. Personally I don't like trading the crosses on VLTF and thus this FTB setup was a pass because the whole zone was a wide one and there was no value to the FLR. In terms of compression it's not really how ...

LJ Forex Group

Lastly, I like this structure on Gold...

LJ Forex Group

A nice FTB on AU during Asia, I'm watching UJ H1 for a similar setup. Also an example of a trap on CADJPY - price breaking the SR, traders thinking we have a breakout jump on board short straight into a close demand zone and price gets reversed back ...

LJ Forex Group

Just a side note about this coming weekend.... Now firstly, if you are one of those that 'believe' news is present in 'price action' and thus you don't need to follow the news then you're in the wrong thread - only amateur's or people who don't ...

LJ Forex Group

Some nice trading mate, I couldn't watch the VLTF's like you do, impressive stuff. Struggling with flu at the moment so taking it easy and probably done trading for the week now. Some nice FB's on Silver and Dax today as well as a textbook SD zone ...

LJ Forex Group

I don't use fixed target or fixed TP's - I'll just watch how price behaves and react accordingly. Of course I'm looking for a break of the wedge and if it does I'll be looking to try and add to my current position rather than thinking where should I ...

LJ Forex Group

I'm in the same trade too... Had my orders ready but forgot to press 'submit' when price came near (need to concentrate a bit more on my own trading at times).

LJ Forex Group

This one missed my order by 0.2 pips grrrr. As well as it being a SD zone it was also FTB to a H4 SR. Calling it a day now, very slow moving market.

LJ Forex Group

I was more referring to the H4 BUOB and H1 breakout pattern pointing to a break higher, this would trump that M15 supply for me.

LJ Forex Group

Missed this one earlier. Clear compression with a nice spike into supply (had some M5 and M15 bar patterns too).

LJ Forex Group