Buyers & Sellers

Hi to anyone who stumbles across my journal.

I'm quite new to the world of forums but this seemed a good place as any to
post some trades and musings from time to time.

Like I guess most people do, I'm looking for a place where I can:

1. Post some of my trades
2. Jot down some of my thoughts & learnings
3. Perhaps occasionally receive some words of wisdom or advice from those that drop by for a look

I have enjoyed trading the way I do for a number of years now but you are never too old to learn something new
or have some one show you a different perspective on what you already do.

I must thank PhAnTi' for the E book that he wrote. It opened my eyes to a few new tricks and reaffirmed the way I like to
observe market behaviour.

Cheers

Sunny

EUR USD Sell Zone



Looking to trade this back down to the BUY ZONE.

Will look for a break of last Thursday's Inside Bar Low

AUD USD Daily (No more Buying?)




This move seems to have very heavy selling behind it compared to previous moves
back to this area.

EUR CAD BUY



Seeing this area as a retest of last week's buying break out.

Working off of a H4 Bull Pin Bar that showed buying at this area again.

well the area below got tested a couple of times, but why dont buy this area again if price offers us bullish action ?

Thanks for stopping by PhAnTi'.
Yes if we get a bullish reaction why not buy. Good point!!

I'm short from the Sell Zone and I'm often guilty of being too biased to one side of the market
once I'm trading that side. Always need to remind myself to be more flexible.

I should have said something like, "this move has more impulsive selling in it than previous moves so I'll be wary as it reaches buy zone"
Still need to be open to both sides. That's better than just saying"NO MORE BUY".

Your comments are much appreciated.

Cheers

Sunny

EUR AUD Sell



Tuesday's Daily Bearish Engulfing Bar & Yesterday's Doji has me selling this back down to around 1.2450 perhaps.

Yesterday's doji may confirm the false break at this level

Cheers

Sunny

Have not posted since April as have been off in the forex wilderness learning, trading, losing and learning.

Have found 2 (3 if you include price) nice indicators that I seem to have settled with and I hope
to post more trades and thoughts in my journal again.

EUR USD


Going into Friday's close it looks as though seller's have come back in at this weekly sell zone area.

I am worried about the strength of Thursday's buyers and will watch on Monday for any further clues.

1st target would be the 1.3200 then see what happens.

USD JPY



Caught a lovely trade last week from this bottom buyers zone marked by a yellow box.

Will be waiting to see if buyers come in again here as it would make a nice double bottom.

Wait and see.

USD CAD



Nothing to do for me here right now.

I'll wait and watch for price reactions with either the top or the bottom of this H4 zone .

We are still making HLs on the H4 so my feeling is that it may finally push through the top
of the sellers zone and move on up to test the daily sellers zone around 1.0450.