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

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

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 ...

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.

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) .

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.

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

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

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

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,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..

need balls no to trade that spike..

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 ...

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

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

Hey LJ,what was your SL here?

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 ...

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!

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

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