Options

Search
Search
Search

Subscribe to Thread

Bookmark Thread

First Page First Unread Last Page Last Post

Printable Version

Similar Threads

Live forex signals group 2 replies

Forex MMCIS Group 0 replies

Forex scalping group at scalprs.com 5 replies

LJ Forex Group

Quoting lovejoy80
Nice one but don't you think AU was more logical given how bullish UJ was and how much upside potential it had?
Hey LJ. I am confused by this last chart. Are those boxes Supply/Demand Zones?

Attached Image (click to enlarge)
Click to Enlarge Name: au.png Size: 60 KB
I don't need easy. I just need possible.
Quoting DaGrizlyBull
Hey LJ. I am confused by this last chart. Are those boxes Supply/Demand Zones?

Attachment 1079752
yes dagriz , you already answered it by saying zones!!! and the boundries u talked about are some times hidden supply and demand ! thats why by scrollin down to a lower tf u can pinpoint the source,
Attached Images (click to enlarge)
Click to Enlarge Name: 1h.png Size: 15 KB Click to Enlarge Name: 30m.png Size: 19 KB
Quoting extremerrage
yes dagriz , you already answered it by saying zones!!! and the boundries u talked about are some times hidden supply and demand ! thats why by scrollin down to a lower tf u can pinpoint the source,
Hello LJ , I was looking at the for an FTB of an SR but it did not work out . Can you please give your point of view ?
Attached Image (click to enlarge)
Click to Enlarge Name: 1.gif Size: 15 KB
Human
Hey Chanya. I would have looked at the H1 Supply Zone within that D1 Zone. But that still didn't work out as planned (Came 4 pips from the lower boundary and dropped some, but not a violent move)

Attached Image (click to enlarge)
Click to Enlarge Name: h1supply.jpg Size: 115 KB
I don't need easy. I just need possible.
Quoting Chanya
Hello LJ , I was looking at the for an FTB of an SR but it did not work out . Can you please give your point of view ?
but if u zoom into 4h and 1 h you will see that the level was tested,, and thats how i see it chan
Attached Image (click to enlarge)
Click to Enlarge Name: cc.png Size: 33 KB
  • xmzhang
    Joined Jul 2010
Quoting Chanya
Hello LJ , I was looking at the for an FTB of an SR but it did not work out . Can you please give your point of view ?
I'am not LJ though, but here's my view. I took a small hit on this one yesterday, I entered through a 1H-PB but after bouncing a bit it reversed and stopped me out, in hindsight the main issue with this FTB would be the impulsive move before the FTB, the bearish momentum was just too strong. Usually we want to see a increase in momentum just before price hits the FTB-area. Next stop would be the demand @ 9713-ish which was previous supply, but also here the move towards the area of interest is quite impulsive.
Attached Image (click to enlarge)
Click to Enlarge Name: xmz1.jpg Size: 145 KB
Pipcrawler
Quoting DaGrizlyBull
Hey LJ. I am confused by this last chart. Are those boxes Supply/Demand Zones?

Attachment 1079752
Yes these are zones where price found supply or demand previously. As mentioned before the most important point is finding the DP's...so for example why did AU fall from where it did ...the M5 and M1 chart from when price left this supply zone previously tells us the answer.
Attached Image (click to enlarge)
Click to Enlarge Name: AU-M1 M5.png Size: 40 KB
Sold CAD/JPY @ 81.15 and closed 2/2 @ 80.90 for +50 pips.

CAD/JPY 1M Chart
Attached Image (click to enlarge)
Click to Enlarge Name: cadjpy 1M 01.jpg Size: 90 KB
Quoting Chanya
Hello LJ , I was looking at the for an FTB of an SR but it did not work out . Can you please give your point of view ?
It doesn't strike me as a very clear daily SR, but you can see the demand on H1, H4 that caused the move higher. I agree with Xmzhang's comment regarding the impulsive move into the area.
I've marked something.

Looks ok?
Attached Image (click to enlarge)
Click to Enlarge Name: au1.jpg Size: 100 KB
Thoughts are things
  • 5.25
    Joined Jan 2011
Trade attached. EU 5m FTB, 0.9 - 1R

Edit: Looks like I got out too soon.
Attached Images (click to enlarge)
Click to Enlarge Name: 466_eurusd 5m.jpg Size: 85 KB Click to Enlarge Name: temp.jpg Size: 72 KB
Quoting Quezoy
I've marked something.

Looks ok?
It's a demand zone, not one for an FTB for me (if that's what you're asking) as it's too far in the past for me to be interested. But what I'll do is mark the DP's and then watch for PA - especially those upper 2 DP's marked (H4 and M5 charts below).
Attached Image (click to enlarge)
Click to Enlarge Name: AU h4 M5.jpg Size: 103 KB
Quoting Balhana
Sold CAD/JPY @ 81.15 and closed 2/2 @ 80.90 for +50 pips.

CAD/JPY 1M Chart
I got some questions about "3 Drives Up/Down". It is one of powerful price patterns, but not easy to catch/ride on it. You need to get in at the 3rd touch on TL. Look at one more example (EUR/JPY 4H) of "3 Drives Down".
Attached Image (click to enlarge)
Click to Enlarge Name: EJ 4H 3DD.jpg Size: 198 KB
Quoting Balhana
USD/JPY 4H Chart (3 Drives Up?)
If it is "3 Drives Up" on UJ Daily, price will probably go up to 83.50ish level (B on the picture). In case of 3 Drives Up/Down, rallies/drops from trendline get larger each visit and the last move is usually the longest one. Drive 3 should push farther than retrace of Drive 2 at least.
Attached Image (click to enlarge)
Click to Enlarge Name: UJ Daily 3DU.jpg Size: 226 KB
Attached Image (click to enlarge)
Click to Enlarge Name: 2012-11-16_08-11_GBPUSD_D.jpg Size: 40 KB
Attached Image (click to enlarge)
Click to Enlarge Name: 2012-11-16_08-35_GBPUSD_M5.png Size: 19 KB
GBPUSD FTB yesterday on UK retail sales data.
"Patience is bitter, but its fruit is sweet" Jean-Jacques Rousseau .
Missed "3 Drives Down" on EUR/NZD.

EUR/NZD 5M Chart
Attached Image (click to enlarge)
Click to Enlarge Name: EN 5M 3DD.jpg Size: 83 KB
Quoting Balhana
Missed "3 Drives Down" on EUR/NZD.

EUR/NZD 5M Chart
What are these?
I don't need easy. I just need possible.
Quoting DaGrizlyBull
What are these?
Its a harmonic pattern:
http://www.informedtrades.com/blogs/...s-pattern.html
Thoughts are things
lj what is ur opinion regarding uj? stil lholdin this trade since yesterday
Attached Image (click to enlarge)
Click to Enlarge Name: usd jpy.png Size: 12 KB
Bought AU @ 1.0316
Attached Image (click to enlarge)
Click to Enlarge Name: AU 15M 01.jpg Size: 208 KB
Thread Tools Search this Thread
Search this Thread:

Advanced Search

4 traders viewing now, 2 are members: esbatu, tinkerbelle