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  • #5,701
  • Dec 18, 2013 12:16pm Dec 18, 2013 12:16pm
Another interesting FTB but it triggered during Asia. Not sure here where I would place my TP, I would set it propably lower than price finally came.
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  • #5,702
  • Dec 21, 2013 12:27am Dec 21, 2013 12:27am
Quoting mtrader123
{quote} Thanks for the thorough analysis. My thought process is far from yours. I have just started learning DRTs. Nevertheless, what you did in the post is pretty much advanced stuff for me. I want to believe this can be learnt somehow. Hope you will continue posting your trades, examples.. As for Gold, well, it eventually worked out as expected. It would be a BE trade, at least.. Makes sense now.. So all in all it wasnt that bad setup. You took worse than that), but with half risk. As for me, I am happy that I spotted my first DRT. Thanks...
It's all standard DRT analysis - go through the vids and the webinar recording and then go through plenty of your own chart examples and you'll get there.

Not sure why Gold would be a BE at least, there would be no logical reason to be moving a SL to BE?
  • #5,703
  • Dec 21, 2013 12:31am Dec 21, 2013 12:31am
Quoting Martin600
Another interesting FTB but it triggered during Asia. Not sure here where I would place my TP, I would set it propably lower than price finally came. {image}
Those wicks marked show the area acting as demand and then supply on the way down and then supply again briefly on the way up.

There is enough info there to warrant looking down a TF at the SD structure and assessing whether that's the FLS there or not.
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  • #5,704
  • Dec 21, 2013 12:34am Dec 21, 2013 12:34am
Final trade of the year for me was a DRT short earlier this week.

Stopped watching charts thereafter otherwise would have been very focussed on the 2 day FB that formed.
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  • #5,705
  • Dec 21, 2013 12:56pm Dec 21, 2013 12:56pm
Quoting lovejoy80
Final trade of the year for me was a DRT short earlier this week. Stopped watching charts thereafter otherwise would have been very focussed on the 2 day FB that formed. {image} {image}

Hi LJ, where & (why?) was your initial SL on this one ? thank you

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PS: marry xmas and happy new year !! this year was amazing thanks a lot!!
  • #5,706
  • Dec 23, 2013 12:56am Dec 23, 2013 12:56am
Quoting tinkerbelle
{quote} Hi LJ, where & (why?) was your initial SL on this one ? thank you {image} PS: marry xmas and happy new year !! this year was amazing thanks a lot!!
My mistake, it was above the zone marked below, reason being the SR history it has there.

Merry xmas to you too.
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  • #5,707
  • Dec 30, 2013 8:18pm Dec 30, 2013 8:18pm
Thank you again Mark for all your teachings !

Happy 2014 !
I don't need easy. I just need possible.
  • #5,708
  • Jan 6, 2014 11:25am Jan 6, 2014 11:25am
Quoting DaGrizlyBull
Thank you again Mark for all your teachings ! Happy 2014 !
Thanks a happy New Year to you and all.
  • #5,709
  • Jan 6, 2014 11:31am Jan 6, 2014 11:31am
First trading day of the year for me and started with an an FTB winner (+1.07R).

Charts of the setup, trade and M1 decision point zones attached.
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  • #5,710
  • Jan 6, 2014 12:12pm Jan 6, 2014 12:12pm
Nice one, I overlooked it. I had my pending order set on NZDCAD M30 but it was missed. Maybe I could use a bigger buffer. :/
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  • #5,711
  • Jan 6, 2014 12:44pm Jan 6, 2014 12:44pm
Quoting Martin600
Nice one, I overlooked it. I had my pending order set on NZDCAD M30 but it was missed. Maybe I could use a bigger buffer. :/ {image}
I would have liked that one too (but too early for me), it actually hit the SR on my feed.
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  • #5,712
  • Jan 7, 2014 5:12am Jan 7, 2014 5:12am
AUDJPY Breakout trade:
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  • #5,713
  • Jan 7, 2014 5:13am Jan 7, 2014 5:13am
GBPUSD 'Rejection' trade.
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  • #5,714
  • Jan 7, 2014 7:47am Jan 7, 2014 7:47am
EURJPY False Breakout
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  • #5,715
  • Jan 7, 2014 8:16am Jan 7, 2014 8:16am
Here we have a few potential FTB which I think are great to trade. I wanted to take a FTB on USDSGD too but there was too wide spread
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  • #5,716
  • Jan 7, 2014 8:37am Jan 7, 2014 8:37am
Quoting Martin600
Here we have a few potential FTB which I think are great to trade. I wanted to take a FTB on USDSGD too but there was too wide spread
Hey Martin,
I thought it might be better if you can start your own journal thread.

just a suggestion.
  • #5,717
  • Jan 7, 2014 11:04am Jan 7, 2014 11:04am
Quoting Martin600
Here we have a few potential FTB which I think are great to trade. I wanted to take a FTB on USDSGD too but there was too wide spread {image} {image} {image} {image}
I'm not keen on exotics for FTB's myself - I found setups quite rare the spreads/illiquidity an issue at times. But if it works for you then so be it.

Not keen on the ENZD, that zone doesn't stand out enough for me in terms of it's edge - not well enough defined.
  • #5,718
  • Jan 7, 2014 11:50am Jan 7, 2014 11:50am
UJ break and retest:
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  • #5,719
  • Jan 7, 2014 2:40pm Jan 7, 2014 2:40pm
Quoting Martin600
Here we have a few potential FTB which I think are great to trade. I wanted to take a FTB on USDSGD too but there was too wide spread {image} {image} {image} {image}
The NZDSGD looks very good. THanks for posting.
  • #5,720
  • Jan 9, 2014 11:41am Jan 9, 2014 11:41am
Two PA trades this afternoon that are pretty similar.

Firstly, NZDJPY.
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