Merry Christmas to you as well ....Cheers.

Thanks Shahab ...I am reviewing the info and will be in touch.

price compression into a supply zone which was tested back in early 2012 .... Shahab, is this currently on your radar for a short? Is there any guidance we can get from any of COT reports to support our decision?

thats interesting .... i would try to map it with my time zone

Thanks a lot for the indis ...I am keen to learn MP, I am sure it add more insight to the levels.

Good Morning T, market seems to be slow may bee due to upcoming high impact news.

Hi infinitus, A Market Profile chart would be great ...are you using Market Delta for MP charts?

Am i reading this correctly .... so the SL based on std will be 24 X 2 = 48 pips ...? Also, do you think the identified demand levels have some juice in it, would you consider a trade against those?

Thanks for your valuable feedback .... I am absorbing the info you provided ...will get back on this if any further questions on this.

Yep I agree ...the deeper it goes on the Fibs the better R:R could be. I was thinking in terms of limit order entry .... Shahab is a pro in limit orders, his take would be valuable on how would consider this at all and why not....that would be ...

Hi T, Thanks for the analysis ....I am still in this trade via limit order on H4. Waiting to see how to works out ...so far it appears to be working out well.

LOL ...hey man ...here is the H4 view of UCAD ....the level at 61% Fib,combined with weekly and monthly support makes it quite strong. With respect to entry note that there are two levels on top of each other. If entering with limit order I would ...

I am in Toronto ...how long you lived here?

Hi cdndollar, Earlier I was looking at same level on NZDUSD ....this area looks quite strong support within two Fibs levels 50% & 61%, Round Number, Weekly and Monthly Mid levels and strong demand PA . The level above at 38% fib and weekly pivot can ...

Also talking of Fibs do you take the 23% level or 38% and above only? How does the following CHFJPY level looks like for a limit order trade ..its has multiple confluences in addition to strong PA up move? .... I would appreciate if you can identify ...

Thanks ....I am working on starting to use limit orders as well, as the London session occurs at 3:00 AM (Toronto Time) and its quite difficult to be up at that time at least for now until I become a full time trader. Also the supply/demand levels ...

Hi Shahab, Thanks for your chart .... I was wondering if you entered via limit order on this one .... ?

Thanks for taking time and posting your analysis ....it certainly helps.

Hi Guys, Got into this H4 demand zone trade via limit order overnight .....moved SL to BE, just in case of a move down. Lets see how it works.

AUDJPY Range BO Waiting