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Attachments: LJ Forex Group
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LJ Forex Group

Hot potato on Gold, little over 5r.
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My Current Trades in Gold.
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Price Is The Best Indicator Itself.
Quoting asim.iqbal
My Current Trades in Gold. {image}
Nicely anticipated but how wide were your stops? I don't use MT4 for trade execution, is the red marker on you latter trade one of them?

I have my eyes on 1337 should PA suggest a BO.
Thanks 5.25!
Updated Chart Gold, Closed Trades.
Yes those red marks are my stops there. But as the market moves in my favour, I move close my stops.
By the way, if I am anticipating then what would you say about your own trading style.
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Price Is The Best Indicator Itself.
Shooting up.
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Price Is The Best Indicator Itself.
hi LJ, there was no webinar yesterday ? (psychology debunked)

thanks T.
Quoting tinkerbelle
hi LJ, there was no webinar yesterday ? (psychology debunked) thanks T.
Webminar was postpone by Mark.

Quote

The webinar "FTB, FB, DRT Strategy Q&A" at Thu, Oct 17, 2013 8:00 PM - 9:00 PM BST has been canceled.

I apologize for any inconvenience this may cause.

Sincerely,
mark lovejoy


Martin
Quoting Balhana
{quote} Closed the remainder for +70 pips. (+170 pips in total) {image}
Balhana, What the abreviation "DC" on your chart mean?

Martin
Quoting arjfca
{quote} Balhana, What the abreviation "DC" on your chart mean? Martin
"demand consumption" i think..
Quoting 200km
{quote} "demand consumption" i think..
That was fast....200Km
Thank you

Martin
Example of intraday breakout setup on EURUSD

1) With the trend viz. bullish momentum plus one minute chart pattern looks possible RBR
2) No sign of sellers on lower time frames. Price reacting to demand zones proves buyers in control
3) The build up before breakout occurred just above the spike bar on 1 minute chart (blue line) 1.3662
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The purpose of knowledge is action, not knowledge
Quoting arjfca
{quote} Webminar was postpone by Mark. {quote} Martin
I was talking about Tuesday 15th October 2013, Trading Psychology Debunked.
Quoting tinkerbelle
{quote} I was talking about Tuesday 15th October 2013, Trading Psychology Debunked.
It was not held Tuesday, as far as I know it will be held next Tuesday the 22nd, I'm sure Mark will send out an email about it.
Quoting trublu
{quote} It was not held Tuesday, ....
Ok, thx for info.
Apologies I had to cancel the planned Psychology webinar on Tuesday (been busy with some hardware upgrades to my trading setup and evaluating disaster recovery options and ran out of time to finish writing the content for the webinar), it will be held next Tuesday at 8pm instead.

Next week's Q&A webinar will also be held at the usual day/time - Thursday 8pm and if I have time to plan some content it will be Q&A plus 'False Breakouts 5' (i.e. the 5th video in the series).

Invitations and information will be sent out as usual over the weekend.
Very nice webinar setup. Please inform me, how I can attend the webinar?
Price Is The Best Indicator Itself.
Quoting asim.iqbal
Very nice webinar setup. Please inform me, how I can attend the webinar?
You can find details of how to join the weekly strategy review webinars via the link below:

http://www.thetradersguild.co.uk/webinars/

Information and registration for next weeks Psychology webinar can be found via this link:

http://www.thetradersguild.co.uk/tra...logy-debunked/
hii guys....iam newcomer here..
really like your trading style clean chart...especially balhana....
i like to learn spot bull trap or bear trap on lower TF

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attempt no1. on EJ H1,
PA reacting on used weekly supply then drop almost 150 pips from peak uppward...
does my chart valid ?

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attempt no2. on EJ TF 15
after break TL on H1 chart, PA revisited rally zone on TF15 then might be bulltrap , possibly short sell at that lv ?
pls CMIIW, overall i think EJ might on uptrend for the next following weeks.

Rgds
Quoting gembel
hii guys....iam newcomer here.. really like your trading style clean chart...especially balhana.... i like to learn spot bull trap or bear trap on lower TF {image} attempt no1. on EJ H1, PA reacting on used weekly supply then drop almost 150 pips from peak uppward... does my chart valid ? {image} attempt no2. on EJ TF 15 after break TL on H1 chart, PA revisited rally zone on TF15 then might be bulltrap , possibly short sell at that lv ? pls CMIIW, overall i think EJ might on uptrend for the next following weeks. Rgds
The 2nd chart is definitely an area where you'd be looking for price to hold if the bull trap is still intact - so yes I'd have been looking for a short there.

I preferred AUDJPY daily chart for a PA trade last week with bull trap - strong rejection - consumption of demand (ignored demand creating supply) which you'd fully expect to hold as supply on the immediate retest.
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