wow,thanks for the explanation! i understood the bull/bear trap concept but this theoretical explanation gives more vivid understanding.

LJ Forex Group

No. nothing like that,just tried my best to club all the info. into one convenient reading material.

LJ Forex Group

Hey guys,did some weekend work,took me few hours though,but i have attached some snippets of what Lovejoy has been teaching from this thread so far.Just to tell u,none of the snippets contains any trade-setup examples,you can learn the setups by ...

LJ Forex Group

entry was : 1.63, booked major profit @ 1.6270..shifted SL to 1.6280 & got stopped out later with the little profit from the remainder. if today's bar closes below 1.63,then will think of re-entering again next Monday as part of long -term trade.

LJ Forex Group

i am keen to watch the 30 pip Bull Trap area on GU. 1.63 is FTB to major daily swing point and 1.6270 is where resistance is developed(H4 TF) .

LJ Forex Group

hey LJ,i forgot which broker you use to trade FTSE,DAX,CAC? and just to know,what is the minimum sum of money it requires to trade european indices for ur broker.

LJ Forex Group

losses inevitable.In my experience immediate Brkout aren't that reliable..esp. if we trade on those lower TF..

LJ Forex Group

Immediate retest did occur but still a valid curved-FTB setup imo. just waiting for the curve to happen

LJ Forex Group

WTF js happend in Oil..any idea? that was huge

LJ Forex Group

yes this was a pretty setup.. but the price (nearing the 1.30 level) was conciding with yesterday's FOMC statement which made me change my decision to watch the sentiment today post-FOMC instead of blindly taking a TT..

LJ Forex Group

LJ,here is chart u posted few days back.. i think something similar happend on Nasdaq..(2nd chart) was just going through some few odd pairs..

LJ Forex Group

need balls no to trade that spike..

LJ Forex Group

he is just trading into plotted S-R areas where there is huge drop where supply overcoming demand or huge boom where demand overcoming supply,signifies institutional money coming in...and managed trades according to his plan LJ will elaborate but ...

LJ Forex Group

js sayin.. EurJpy and ChfJpy looks quite similar...

LJ Forex Group

scary ,exciting and adventurous .. must b mix of feelings .. sry for extending this but wat was the altitude mike? nice pic..

james16 Chart Thread

Hey LJ,what was your SL here?

LJ Forex Group

hey LJ, as a full time PA trader with so much of trading experience,how much gains in % do u make every month ?? just asking. i know not every month is going to be Jackpot or even positive.. but still on an average hw much u make? ignore my Q if ...

LJ Forex Group

All is well.njoying Vacations.spending great deal of time on charts learning with less posting!it helps to keep focus. hope all is well from ur side as well!

LJ Forex Group

Not sure but read that people are leaving London bcos of Olympics to accomodate the guests?

LJ Forex Group

Mate,u win each and every trade or what?? i am impressed with your trading.. some new concepts here..trying to learn.. how long have u been trading Balhana?just asking u are probably the one of the few guys who post trades in real time

LJ Forex Group