Waiting for a PA to climb up to the Supply. It looks pretty promising
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DislikedHi Guyz,
wanna share my today's trade with you. TP was defined as two times risk which was still lower than min value after the supply zone had been formed.
Thank you Dean for nice thread and sharing your method!Ignored
DislikedRemember this post? I had a pink supply zone above with a pending limit order to sell at this zone. I decided later that it wasn't a proper zone. Not a super drop down, bla bla bla... and deleted the order! Just take a look what's happened later Now it's a m15 chart just to make it lil bit shorter to see!
In the night I was absolutely sure that it's a good S-zone with confluences of Fibo Retracements. Good lesson for me to be self asured and confident!
PS - A pink zone below the PA is a Demand zone where I went long with a TP at dashed line...Ignored
DislikedRemember this post? I had a pink supply zone above with a pending limit order to sell at this zone. I decided later that it wasn't a proper zone. Not a super drop down, bla bla bla... and deleted the order! Just take a look what's happened later Now it's a m15 chart just to make it lil bit shorter to see!
In the night I was absolutely sure that it's a good S-zone with confluences of Fibo Retracements. Good lesson for me to be self asured and confident!
PS - A pink zone below the PA is a Demand zone where I went long with a TP at dashed...Ignored
DislikedNice trade phi1ipp, i didn't get those two
Here's where i draw my levels http://screencast.com/t/YVCB3Ms8dv
And keep the confidenceIgnored
DislikedHere's a nice level on aussie, nice turn after small touch
I didn't watch it got hit, it was a limit order.
http://screencast.com/t/i7GI8q4DIgnored
DislikedGreat But I wouldn't have taken that as I usualy don't take such a levels. I prefer to look at huge rallies or drops.
BTW An interesting question I would ask Sam if I had a chance how does he treat levels that look like steep rally on H1 while on M15 they are 4 "white soldiers"Ignored
DislikedAnother 2 trades taken on 15M
EURGBP +20 Pips
GBPCHF +15 Pips
Should have held on to them much longer but still testing the lower timeframes. I must admit, lots of potential on the 15M
So 3 trades today total 65 PipsIgnored
Dislikedso far only took one trade this week, that went well. its been a really slow week, not many S+D areas. For the higher timeframes even worst, nothing worth trading. Dont see this week getting any better as markets seem to be moving only in 1 direction mostly.Ignored
Dislikedopen your eyes more and you shall see the light, you telling me you have not spotted this?Ignored