LJ Forex Group - PA Only Trades

Quoting trublu

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Hey Mark, I was curious how you deal with many lines being on the chart, do you have multiple instances up of the same chart or maybe color coded lines? For example, say I mark up H4 areas I am interested, then I go mark up some 1hr areas on the same chart, and I will then mark up LTF areas/DP's and then my chart is full of lines and I get confused why I put a line where I did. Then I ask myself is it a 5min line or a 4hr line, is this is a HTF DP or a LTF SR, different questions like that and I get confused. Maybe it's something you can get used...

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Quoting lovejoy80

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{quote} Identifying what SD needs to be consumed is part of the pre-planning process isn't it. I mean I'd be looking at the flip and the ignored demand just above and would be thinking there has to be supply within there somewhere that caused price to break through that area - thus I'd zoom in until I can pinpoint it and thus any long trade won't be taken until that is consumed. The build up PA on the EG is the HL's but that's only part of the story. The more important PA is the strong buying rejection on the last approach. We can see that the NU...

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Quoting Oscarossa

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{quote} Thanks Mark, makes perfect sense. There are cases in which the SD zone where the supply came in are too far from the flip area itself (even on M1). Can we assume in such case that it's logical that price should continue higher after it broke the flip untill that supply is hit, in other words, if there is value, this area between flip and the former supply that led to broke the flip, can be safely traded?

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Quoting lovejoy80

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{quote} It's certainly not the best hours to be intraday trading. Part of being a trader is adapting though - I'm fortunate enough to be able to trade from London open to London close, but you've got to work with what you've got - you can't change the times you are able to trade so you have to adapt your trading to fit those conditions etc. The overall purpose of the course is for people to come away from it with a wealth of knowledge that they don't currently possess and be able to look at the markets in a (likely) different way to what they have...

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Quoting lovejoy80

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If this was just consumption then price would quickly head back up again [12:56:02] TheTradersGuild: It didn't, confirms sellers in control.

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Quoting Martin600

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{quote} Thanks for reply, I will try that course. Pitty that I haven´t found this thread earliaer instead of learnig to trade stupid pin bars. Just curious Mark, are in your group members who trade your method profitably and succesfuly implemented things in your course?

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Quoting Oscarossa

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Mark, I would appreciate if you could comment on this analysis of UCH PA setup. Did price hit some suppply higher? To me, it seems that it was already covered/consumed. Thank you. {image} {image} {image}

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Quoting lovejoy80

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{quote} I have both multiple instances and multiple coloured lines. Instance 1 - Daily and Weekly charts Instance 2 - H4 and H1 charts I mark up major swings, SD zones and SR pivot zones on the above charts. I then move the current relevant information from these charts together with the current SD structures / PA to blank H4 and H1 separate instances each morning. So the actual charts I trade off only have current useful information present and thus are very 'clean'.

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Quoting Hukkleberry

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{quote} Mark You might not be all that interested in my suggestion but rather than illustrate a trade I would find it beneficial to see a chart marked up with reasons for identifying the key SR and SD structures and more importantly for me why some SD structures (and SR) are deemed minor and can be ignored. This is something I think I struggle with. I find I can spot numerous potential SD zones on a given timeframe, which clouds my judgement. Should I be deeming only SD structures identifiable on a higher/intermediate TF as worth marking up and...

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Quoting Hukkleberry

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Mark Another quick question: in your Trading Room do you discuss these kind of lower timeframe trades as well as discussing the FTB, FB and DRT set ups? Or is there a separate group engaged in these? Huk

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Quoting Hukkleberry

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Mark Thanks for your answers. Here's my entry into your quiz. Huk {image}

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Quoting Hukkleberry

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Thanks for the feedback. I follow your demand zone choices. Out of interest, do you know which chart this was and what happened next? Ainur, I'm just a struggling learner so I advise you to pay more attention to the material in this thread and in Mark's other thread (plus material on his website) rather than anything I have to say at this point in my learning curve (I'm a breakeven trader hoping to transition to some small consistent profits). Huk

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