• Home
  • Forums
  • Trades
  • News
  • Calendar
  • Market
  • Brokers
  • Login
  • Join
  • User/Email: Password:
  • 6:45pm
Menu
  • Forums
  • Trades
  • News
  • Calendar
  • Market
  • Brokers
  • Login
  • Join
  • 6:45pm
Sister Sites
  • Metals Mine
  • Energy EXCH
  • Crypto Craft

Options

Bookmark Thread

First Page First Unread Last Page Last Post

Print Thread

Similar Threads

JPY Group - Best Group to Trade 46 replies

Your experience with Forex.com [GAIN Capital Group, LLC] 37 replies

Forex Techniques Development Group 24 replies

FOREX, Robert Gray, FXLQ, and Nfa/ctfc... PLEASE REPOST IN EVERY GROUP 0 replies

  • Commercial Content
  • /
  • Reply to Thread
  • Subscribe
  • 5,722
Attachments: LJ Forex Group
Exit Attachments
Tags: LJ Forex Group
Cancel

LJ Forex Group

  • Last Post
  •  
  • Page 1 23456 295
  • Page 1 2 295
  •  
  • Post #1
  • Quote
  • First Post: Edited Apr 8, 2014 3:40am Apr 12, 2011 6:28am | Edited Apr 8, 2014 3:40am
  •  lovejoy80
  • | Commercial Member | Joined Feb 2008 | 4,633 Posts
Update 4th March 2014

I have changed the focus on this thread so it is now entirely dedicated to understanding and trading the strategies detailed on my website and through my YouTube videos.

You can find examples of my PA trades in this thread.

The strategies themselves build on what I deem to be the foundations of Price Action Trading, namely:

1. Supply and Demand.
2. Order-flow Dynamics.
3. Professional mindset approach.

They are thus a means to highlight the potential of these concepts but are no way exhaustive or complete and they are designed more for the part time trader / trader with other commitments.

For new readers of this thread, there is no need to read through all the posts, everything you need to know to follow the thread is detailed on my website and through my YouTube videos.

Go through the material then start reading the thread from post 5811 onwards.

In order to aide learning and applying the strategies under live market conditions I offer membership to a Skype group where we discuss upcoming setups, the nuances associated with the strategies as well as it being a central group for like minded traders in similar situations to interact with each other.

PA Trading

As mentioned above, the concepts are very much ‘starter’ level and thus the strategies also only scratch the surface as to what is achievable through PA Trading.

I detail more advanced concepts and strategies through my PA Course – a thread devoted to me sharing my PA trades for learning purposes can be found here

Strategies

The actual strategies that this thread is now devoted to are:

1. False Breakouts (FB)
2. The Daily Retest (DRT)
3. First Time Back (FTB)

Personally I apply the first two on the daily TF only across a large number of FX pairs and the latter across a slightly smaller number of FX pairs and on the M15, M30, H1, H4 TF's.

I'm a firm believer that any PA orientated trading strategy should (except for certain liquidity issues) not be TF or FX pair / asset class specific and that is certainly the case with these strategies.
  • Post #2
  • Quote
  • Apr 12, 2011 8:08am Apr 12, 2011 8:08am
  •  unlv_tj
  • Joined Oct 2007 | Status: Member | 1,295 Posts
Mark, busy morning here for me, but I am very excited about this.

Thank you so much for all the help you have offered to all of us over the years.

T.J.
1
 
  • Post #3
  • Quote
  • Apr 12, 2011 12:52pm Apr 12, 2011 12:52pm
  •  ikki
  • | Joined Oct 2008 | Status: lone wolf | 398 Posts
I know you from J16 and rac group.
And your journal track your process.
I am vouching this...
What does not kill me makes me stronger. Friedrich Nietzsche,
1
 
  • Post #4
  • Quote
  • Apr 13, 2011 6:22am Apr 13, 2011 6:22am
  •  lovejoy80
  • | Commercial Member | Joined Feb 2008 | 4,633 Posts
Quoting unlv_tj
Disliked
Mark, busy morning here for me, but I am very excited about this.

Thank you so much for all the help you have offered to all of us over the years.

T.J.
Ignored
Thanks TJ for the comments...I'm hoping this next step will allow me to devote some time to helping people in a more efficient and logical format.
1
 
  • Post #5
  • Quote
  • Apr 13, 2011 10:22am Apr 13, 2011 10:22am
  •  unlv_tj
  • Joined Oct 2007 | Status: Member | 1,295 Posts
Quoting lovejoy80
Disliked
Thanks TJ for the comments...I'm hoping this next step will allow me to devote some time to helping people in a more efficient and logical format.
Ignored
Yea, I know you are already busy enough and one thread here gets easily off track.

If I get freed up, I will be a member of your site. Right now there isn't enough free time to take advantage of it. But I so greatly appreciate all I have learned from you here. You have given me a lot of hope in life, just in all aspects.
1
 
  • Post #6
  • Quote
  • Apr 13, 2011 7:09pm Apr 13, 2011 7:09pm
  •  lovejoy80
  • | Commercial Member | Joined Feb 2008 | 4,633 Posts
Quoting unlv_tj
Disliked
Yea, I know you are already busy enough and one thread here gets easily off track.

If I get freed up, I will be a member of your site. Right now there isn't enough free time to take advantage of it. But I so greatly appreciate all I have learned from you here. You have given me a lot of hope in life, just in all aspects.
Ignored
Thanks for the kind words, I'm glad I've helped in some way and I hope things pan out for you.

I'll maybe see you on the other side at some point
1
 
  • Post #7
  • Quote
  • Apr 14, 2011 8:36am Apr 14, 2011 8:36am
  •  lovejoy80
  • | Commercial Member | Joined Feb 2008 | 4,633 Posts
Had to have some patience with this trade...but weekly PPZ, daily double top, 4HR PA with divergence...a great sign that price is going to move away from the ppz...no real space but price tends to move away PPZ's...was looking for a bigger retracement than to the first trouble area marked which I got.
Attached Image(s) (click to enlarge)
Click to Enlarge

Name: ym2.gif
Size: 151 KB
Click to Enlarge

Name: ym3.gif
Size: 96 KB
 
 
  • Post #8
  • Quote
  • Apr 14, 2011 9:25am Apr 14, 2011 9:25am
  •  lovejoy80
  • | Commercial Member | Joined Feb 2008 | 4,633 Posts
Quoting ikki
Disliked
I know you from J16 and rac group.
And your journal track your process.
I am vouching this...
Ignored
Thanks for the kind words and the vouch...Twee removed them as they were before I officialy became a commercial member
1
 
  • Post #9
  • Quote
  • Apr 14, 2011 10:47am Apr 14, 2011 10:47am
  •  unlv_tj
  • Joined Oct 2007 | Status: Member | 1,295 Posts
Quoting lovejoy80
Disliked
Thanks for the kind words and the vouch...Twee removed them as they were before I officialy became a commercial member
Ignored
I vouched again for you Mark.
1
 
  • Post #10
  • Quote
  • Apr 14, 2011 1:09pm Apr 14, 2011 1:09pm
  •  lovejoy80
  • | Commercial Member | Joined Feb 2008 | 4,633 Posts
Quoting lovejoy80
Disliked
Had to have some patience with this trade...but weekly PPZ, daily double top, 4HR PA with divergence...a great sign that price is going to move away from the ppz...no real space but price tends to move away PPZ's...was looking for a bigger retracement than to the first trouble area marked which I got.
Ignored

Take profit and reverse at the confluenced area for a touch trade...what will be will be now.
Attached Image (click to enlarge)
Click to Enlarge

Name: ym3.gif
Size: 27 KB
 
 
  • Post #11
  • Quote
  • Apr 14, 2011 1:17pm Apr 14, 2011 1:17pm
  •  jj7000
  • | Joined Aug 2006 | Status: Practice makes perfect | 393 Posts
Congratulations Lovejoy, your a very good trader and very helpful. You answered a question for me maybe two months ago that really helped me out so much. I know anyone that subcribe for your service that's willing to work hard will be successful just like you.
1
 
  • Post #12
  • Quote
  • Apr 14, 2011 1:42pm Apr 14, 2011 1:42pm
  •  ikki
  • | Joined Oct 2008 | Status: lone wolf | 398 Posts
Hey, me too,,,

Quoting unlv_tj
Disliked
I vouched again for you Mark.
Ignored
What does not kill me makes me stronger. Friedrich Nietzsche,
1
 
  • Post #13
  • Quote
  • Apr 18, 2011 5:23am Apr 18, 2011 5:23am
  •  nasir.khan
  • Joined Apr 2009 | Status: Member | 2,891 Posts
What can't go up,.... must come down.

Have been waiting for 4 days for this one to fall and it finally did. Also had a Cable short too from 1.6359 but closed it earlier when it hit the PPZ at 1.6250.

So now waiting for it to hit my TP at 4281 and will be looking to go long at PPZ+TL+Fibs conf zone (see chart).
.
Attached Image (click to enlarge)
Click to Enlarge

Name: 1.gif
Size: 55 KB
 
 
  • Post #14
  • Quote
  • Apr 18, 2011 3:15pm Apr 18, 2011 3:15pm
  •  nasir.khan
  • Joined Apr 2009 | Status: Member | 2,891 Posts
Quoting nasir.khan
Disliked
What can't go up,.... must come down.

Have been waiting for 4 days for this one to fall and it finally did. Also had a Cable short too from 1.6359 but closed it earlier when it hit the PPZ at 1.6250.

So now waiting for it to hit my TP at 4281 and will be looking to go long at PPZ+TL+Fibs conf zone (see chart).
.
Ignored
Went long at 50 fib and it went up for like 90 pips, enough for a days work but i was having a nap and it came back down to takeout my SL and hunted me on my gu and eg trades too.

But was looking along and when the sell off started to seem to loose the steam saw another opp to short USD as a correlation setup .
.
Attached Image(s) (click to enlarge)
Click to Enlarge

Name: 1.gif
Size: 50 KB
Click to Enlarge

Name: 2.gif
Size: 46 KB
Click to Enlarge

Name: 3.gif
Size: 50 KB
Click to Enlarge

Name: 4.gif
Size: 53 KB
 
 
  • Post #15
  • Quote
  • Apr 19, 2011 4:36am Apr 19, 2011 4:36am
  •  lovejoy80
  • | Commercial Member | Joined Feb 2008 | 4,633 Posts
Quoting nasir.khan
Disliked
Went long at 50 fib and it went up for like 90 pips, enough for a days work but i was having a nap and it came back down to takeout my SL and hunted me on my gu and eg trades too.

But was looking along and when the sell off started to seem to loose the steam saw another opp to short USD as a correlation setup .
.
Ignored
You missed one!
Attached Image (click to enlarge)
Click to Enlarge

Name: ucad.gif
Size: 25 KB
 
 
  • Post #16
  • Quote
  • Apr 19, 2011 4:42am Apr 19, 2011 4:42am
  •  lovejoy80
  • | Commercial Member | Joined Feb 2008 | 4,633 Posts
It's not a coincidence that things line up like they do ... preperation and discipline is he key to picking the really no-brainer setups ... there was only ever one direction USD and EUR pairs were gonna go after the USDX and EURX hit these areas below and it just so happened that the individual pairs in question were at daily S/R areas, coincidence, I think not.
Attached Image(s) (click to enlarge)
Click to Enlarge

Name: EURX_18.04.11_D.png
Size: 18 KB
Click to Enlarge

Name: USDX_18.04.11_4HR.png
Size: 29 KB
 
 
  • Post #17
  • Quote
  • Apr 19, 2011 1:22pm Apr 19, 2011 1:22pm
  •  lovejoy80
  • | Commercial Member | Joined Feb 2008 | 4,633 Posts
Quoting lovejoy80
Disliked
You missed one!
Ignored
...and a day later and +155 pips potential TP is reached...3.9R available on this trade.
Attached Image (click to enlarge)
Click to Enlarge

Name: ucad1.gif
Size: 23 KB
 
 
  • Post #18
  • Quote
  • Apr 20, 2011 5:17am Apr 20, 2011 5:17am
  •  nasir.khan
  • Joined Apr 2009 | Status: Member | 2,891 Posts
Quoting lovejoy80
Disliked
...and a day later and +155 pips potential TP is reached...3.9R available on this trade.
Ignored
Shame i had my Fibs messed up on this one and it went above my 61 fib so i passed it.

Lets how this one works out.

PPZ+50 FIB + BRN + TL + (EU + DOW)
.
Attached Image (click to enlarge)
Click to Enlarge

Name: 1.gif
Size: 44 KB
 
 
  • Post #19
  • Quote
  • Apr 20, 2011 7:22am Apr 20, 2011 7:22am
  •  nasir.khan
  • Joined Apr 2009 | Status: Member | 2,891 Posts
Quoting nasir.khan
Disliked
Shame i had my Fibs messed up on this one and it went above my 61 fib so i passed it.

Lets how this one works out.

PPZ+50 FIB + BRN + TL + (EU + DOW)
.
Ignored
Stopped out.

one more try but not on Ej this time though. Btw u guys can check the PPZ's in higher TF's (daily-wk-monthly) cause i have not posted charts here.
.
Attached Image(s) (click to enlarge)
Click to Enlarge

Name: 1.jpg
Size: 106 KB
Click to Enlarge

Name: 2.jpg
Size: 103 KB
Click to Enlarge

Name: 3.jpg
Size: 108 KB
 
 
  • Post #20
  • Quote
  • Apr 20, 2011 9:11am Apr 20, 2011 9:11am
  •  lovejoy80
  • | Commercial Member | Joined Feb 2008 | 4,633 Posts
I prefered to wait a while and took this one instead...
Attached Image (click to enlarge)
Click to Enlarge

Name: cj.gif
Size: 23 KB
 
 
  • Commercial Content
  • /
  • LJ Forex Group
  • Reply to Thread
    • Page 1 23456 295
    • Page 1 2 295
0 traders viewing now
  • More
Top of Page
  • Facebook
  • Twitter
About FF
  • Mission
  • Products
  • User Guide
  • Media Kit
  • Blog
  • Contact
FF Products
  • Forums
  • Trades
  • Calendar
  • News
  • Market
  • Brokers
  • Trade Explorer
FF Website
  • Homepage
  • Search
  • Members
  • Report a Bug
Follow FF
  • Facebook
  • Twitter

FF Sister Sites:

  • Metals Mine
  • Energy EXCH
  • Crypto Craft

Forex Factory® is a brand of Fair Economy, Inc.

Terms of Service / ©2023