LJ Forex Group | Page 227 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

JPY Group - Best Group to Trade 60 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

Attachments: LJ Forex Group
Exit Attachments

LJ Forex Group

  • #4,521
  • Mar 18, 2013 2:53pm Mar 18, 2013 2:53pm
Quoting freeze
Just got into this Bulltrap off a Daily Close area on USDCHF, I might widen the stop a bit based on LTF.
FLS near 0.9428.
What can I say? I am not a clever man. I wanted to see a deeper test of that compression but it was a very choppy day. -1R.

I'll look into partial closes after this trade (even though taking full profit @ FLS would be more logical in this case).
Attached Image (click to enlarge)
Click to Enlarge Name: freeze_usdchf005.png Size: 44 KB
  • #4,522
  • Edited 4:59pm Mar 18, 2013 4:36pm | Edited 4:59pm
Quoting freeze
What can I say? I am not a clever man. I wanted to see a deeper test of that compression but it was a very choppy day. -1R.

I'll look into partial closes after this trade (even though taking full profit @ FLS would be more logical in this case).
I wouldn't necessarily say that taking all profit at the FLS was more logical, what wasn't logical was holding a trade for so long - FB's should result in good momentum price action, the FB setup has long gone by the time you've taken a loss. If an FB hasn't moved to my FLR/S within the next few bars then I'm generally reducing my exposure.
  • #4,523
  • Mar 19, 2013 7:07am Mar 19, 2013 7:07am
Hi all,
this is a good start of week for me. Order missed but building confidence in FTB.
Attached Image (click to enlarge)
Click to Enlarge Name: audusd.gif Size: 78 KB
  • #4,524
  • Mar 19, 2013 7:51am Mar 19, 2013 7:51am
I'm closely watching this area on CADCHF and preparing for a FTB TT.
Attached Image (click to enlarge)
Click to Enlarge Name: freeze_cadchf001.png Size: 45 KB
  • #4,525
  • Mar 19, 2013 10:41am Mar 19, 2013 10:41am
Quoting MBatini
Hi all,
this is a good start of week for me. Order missed but building confidence in FTB.
Thats what you get for being too greedy. Use a buffer. Nice setup anyway. GL in the next ones
I don't need easy. I just need possible.
  • #4,526
  • Mar 19, 2013 11:38pm Mar 19, 2013 11:38pm
Quoting MBatini
Hi all,
this is a good start of week for me. Order missed but building confidence in FTB.
Hey MBatini,

I trade based on SD zones, not levels. Take a look at my technical analyses on AJ. I would have considered both of them.

Hope this helps.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: AJ 02.jpg Size: 182 KB
Click to Enlarge Name: AJ 01.jpg Size: 175 KB
  • #4,527
  • Mar 20, 2013 3:26am Mar 20, 2013 3:26am
Bought EN @ 1.5663 and closed 2/3 @ 1.5686 for +46 pips.
Attached Image (click to enlarge)
Click to Enlarge Name: EN 01.jpg Size: 357 KB
  • #4,528
  • Mar 20, 2013 3:33am Mar 20, 2013 3:33am
Quoting Balhana
Bought EN @ 1.5663 and closed 2/3 @ 1.5686 for +46 pips.
Manually closed the remainder (1/3) @ 1.5703 for +40 pips. (+86 pips in total) Original TP2 @ 1.5709.
Attached Image (click to enlarge)
Click to Enlarge Name: EN 02.jpg Size: 279 KB
  • #4,529
  • Mar 20, 2013 6:07am Mar 20, 2013 6:07am
Thanks Balhana and DGB, good hints and material for me.
  • #4,530
  • Mar 20, 2013 9:28am Mar 20, 2013 9:28am
Hi, would like to have feedback about the following. Does this qualifies as a DRT setup?

DRT setup on daily chart, SL definition on 15M. Many thanks in advance.

Mauro
Attached Image(s) (click to enlarge)
Click to Enlarge Name: xauusd.gif Size: 31 KB
Click to Enlarge Name: xauusd_m15.gif Size: 37 KB
  • #4,531
  • Mar 20, 2013 9:59am Mar 20, 2013 9:59am
Quoting MBatini
Hi, would like to have feedback about the following. Does this qualifies as a DRT setup?

DRT setup on daily chart, SL definition on 15M. Many thanks in advance.

Mauro
In my opinion , yes, its a good DRT.
I don't need easy. I just need possible.
  • #4,532
  • Mar 21, 2013 7:18am Mar 21, 2013 7:18am
Bought UJ, very nice beartrap, also like the long supply consumption spikes
Attached Image (click to enlarge)
Click to Enlarge Name: xmz1.jpg Size: 139 KB
Pipcrawler
  • #4,533
  • Mar 21, 2013 9:07am Mar 21, 2013 9:07am
Quoting xmzhang
Bought UJ, very nice beartrap, also like the long supply consumption spikes
Update: the bastard stopped me out @ BE+1 on my remaining position only got a modest 11 pips from my 1st position
Attached Image (click to enlarge)
Click to Enlarge Name: xmz0.jpg Size: 136 KB
Pipcrawler
  • #4,534
  • Mar 21, 2013 2:40pm Mar 21, 2013 2:40pm
FTB on AUDJPY, missed my order by 0.5 pips after spread. It's especially frustrating since it feels like the only FTB setup this week.

If you look on the LTF, you'll notice you could easily use a 3-4 pips tighter SL than I did (98.587). Trade management was simple enough (it went straight to the marked 15min supply) , you could very realistically make 4-6R from this trade alone.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: freeze_audjpy001.png Size: 34 KB
Click to Enlarge Name: freeze_audjpy002.png Size: 32 KB
  • #4,535
  • Mar 21, 2013 3:26pm Mar 21, 2013 3:26pm
Quoting freeze
I'm closely watching this area on CADCHF and preparing for a FTB TT.
This was on my radar but the new support formed at 0.9186 means there is no value in it now for me.
  • #4,536
  • Mar 21, 2013 3:31pm Mar 21, 2013 3:31pm
Quoting MBatini
Hi, would like to have feedback about the following. Does this qualifies as a DRT setup?

DRT setup on daily chart, SL definition on 15M. Many thanks in advance.

Mauro
This was a tradable setup IMO, some thoughts on potential entry points on the attached annotated chart.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Gold 1.png Size: 37 KB
Click to Enlarge Name: Gold2.png Size: 50 KB
Click to Enlarge Name: Gold 3.png Size: 40 KB
  • #4,537
  • Mar 21, 2013 3:36pm Mar 21, 2013 3:36pm
Missed this one, but textbook FB off supply - note how price retests the former swing high before dropping.
Attached Image (click to enlarge)
Click to Enlarge Name: gcad1.png Size: 36 KB
  • #4,538
  • Mar 21, 2013 3:46pm Mar 21, 2013 3:46pm
Quoting lovejoy80
This was on my radar but the new support formed at 0.9186 means there is no value in it now for me.
Is there value in this veeery optimistic scenario? )

http://my.jetscreenshot.com/19441/20...fesi-198kb.jpg
I don't need easy. I just need possible.
  • #4,539
  • Mar 21, 2013 4:02pm Mar 21, 2013 4:02pm
Quoting freeze
FTB on AUDJPY, missed my order by 0.5 pips after spread. It's especially frustrating since it feels like the only FTB setup this week.

If you look on the LTF, you'll notice you could easily use a 3-4 pips tighter SL than I did (98.587). Trade management was simple enough (it went straight to the marked 15min supply) , you could very realistically make 4-6R from this trade alone.
Of no use but it hit exactly on my feed...
Attached Image (click to enlarge)
Click to Enlarge Name: audjpy.lmxm15.png Size: 50 KB
  • #4,540
  • Mar 21, 2013 4:04pm Mar 21, 2013 4:04pm
Quoting DaGrizlyBull
Is there value in this veeery optimistic scenario? )

http://my.jetscreenshot.com/19441/20...fesi-198kb.jpg
For me I'd only want to risk something based on pre-empting an FB if I have information that shows me price is more likely to do that...in this case I don't so I'd just wait for the FB.
2 traders viewing now