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  • #681
  • Mar 18, 2016 8:39am Mar 18, 2016 8:39am
Quoting pooh123
{quote} By the way, please keep posting, even if just repeat what you already shared.
i agree, examples alwas help
  • #682
  • Mar 18, 2016 9:25am Mar 18, 2016 9:25am
I agree with the others here about you posting as much as you want. Always enjoy seeing the setups you take (or missed).
I didn't take this but its worth pointing out as (I think) a good example.
UCAD - 5m. Shared zones. Not 100% clear on my chart maybe but the marked candle is a 5m ND up into the low of both the YHVZ and LOHVZ.
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Volume at Volume
  • #683
  • Mar 18, 2016 9:30am Mar 18, 2016 9:30am
Quoting VSAgav
I agree with the others here about you posting as much as you want. Always enjoy seeing the setups you take (or missed). I didn't take this but its worth pointing out as (I think) a good example. UCAD - 5m. Shared zones. Not 100% clear on my chart maybe but the marked candle is a 5m ND up into the low of both the YHVZ and LOHVZ. {image}
Lovely example.
Today's zone = Tomorrow's opportunity!
  • #684
  • Mar 21, 2016 7:31am Mar 21, 2016 7:31am
Quoting pres78
Not posting much lately as I really don't think I have much more to say or share on how I trade.....
Would still love to hear about the 3 bar pattern you've mentioned before. And I do hope you continue, as you've done more for my trading than all I've learned in the past 6 years
  • #685
  • Mar 25, 2016 8:52am Mar 25, 2016 8:52am
Hi Pres
Hope your having a good holiday today.
I have a question: Could you please post a textbook example of a longer term trade you took on the weekly and daily charts and show us how you chose which HVZ to mark etc.? I would really love to know more about how you do that and what tweaks to your rules you use in that type of trade (if anything is different).
Regards
Gav
Volume at Volume
  • #686
  • Mar 29, 2016 2:09pm Mar 29, 2016 2:09pm
I sadly only got a piece of the move, but it was still a nice winner.

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  • #687
  • Mar 29, 2016 3:24pm Mar 29, 2016 3:24pm
I got same using the 15m Pres2BR at the 50%. I'd been watching this all day and actually there was was two earlier attempts I made which I took off at break even as my targets weren't filled (small moves, large relative spread) but with news out this felt like a clearer setup and it got to 1:1.
Exact same as Rinehart's setup but I dropped to the 5 and 1m and targeted back to the low of the days move using a tighter stop. I'm going for 1:1 these days as I found my own setups are more conducive to taking off the whole trade at that point rather than half. More testing required really but I probably prefer it as my win rate isn't quite high enough (on the further targets) to afford to take the second half off and let the rest run. This trade is an example of that.
Attached Image (click to enlarge)
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Volume at Volume
  • #688
  • Mar 29, 2016 6:23pm Mar 29, 2016 6:23pm
Quoting Rinehart
I sadly only got a piece of the move, but it was still a nice winner. {image}
Quoting VSAgav
I got same using the 15m Pres2BR at the 50%. I'd been watching this all day and actually there was was two earlier attempts I made which I took off at break even as my targets weren't filled (small moves, large relative spread) but with news out this felt like a clearer setup and it got to 1:1. Exact same as Rinehart's setup but I dropped to the 5 and 1m and targeted back to the low of the days move using a tighter stop. I'm going for 1:1 these days as I found my own setups are more conducive to taking off the whole trade at that point rather than...
Lovely stuff guys. Great how the L of the LO zone was bang on the 50% of YVZ. Awesome too how that 15 min pres78 2BR Type 1 not only hit the 50% and closed below it but also closed below the L of YVZ too! Awesome.

Life has been crazy for me as of late so no time to post. Off to the US for business again tomorrow. Hopefully I will get back to being able to focus more on trading and posting soon. Keep my seat warm!
Today's zone = Tomorrow's opportunity!
  • #689
  • Mar 29, 2016 6:26pm Mar 29, 2016 6:26pm
Quoting DoTrade
Hi Pres78. Nice trade ! BTW, why are you using other indicators for? How it helps you to decide the trade? Also we are patiently waiting for the video and explanation on other bar patterns you trade Have a good weekend !
​Hi DoTrade,

The indi below the volume is the MFI (money flow index). It is a volume based indi that shows whom is in control and when that control is dying. It can also signal when price and volume are diverging. Lots of info out there about it and how to use it. It doesn't play a huge role in my trading but I do glance at it (still testing it to be honest).
Today's zone = Tomorrow's opportunity!
  • #690
  • Mar 31, 2016 8:42am Mar 31, 2016 8:42am
Thought i'd drop in with an example from my bastardisation version of Pres' trading method.

Two lovely long opportunities on EU today using YHVZ.
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  • #691
  • Apr 4, 2016 8:33am Apr 4, 2016 8:33am
Took a long today on GBPUSD. NS/test into the H of TVZ after having found support at YVZ. Second hour of London session became the controlling volume today (at the time). We hit the H and slide sideways before breaking the H and testing right away closing above. Locked in at 3:1 after having hit 5:1. SL was 15 pips below entry that was taken at 4240.
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Today's zone = Tomorrow's opportunity!
  • #692
  • Apr 4, 2016 8:51am Apr 4, 2016 8:51am
Quoting pres78
Took a long today on GBPUSD. NS/test into the H of TVZ after having found support at YVZ. Second hour of London session became the controlling volume today (at the time). We hit the H and slide sideways before breaking the H and testing right away closing above. Locked in at 3:1 after having hit 5:1. SL was 15 pips below entry that was taken at 4240. {image}
​Stopped out at 3:1.
Today's zone = Tomorrow's opportunity!
  • #693
  • Apr 4, 2016 2:09pm Apr 4, 2016 2:09pm
Right around lunchtime for me I took a short on crude. Lovely little 5 min NBP into the L of YVZ. Entry was "risky" from the point of view that we were still inside today's zone. The fact that we rejected so nicely from both the H and M of YVZ left me feeling comfortable that more weakness and lower prices were in order. The second orange box shows where one could have also gotten in short after a lovely ND right into TVZL. Even if you moved up to the 15 min chart we see a beauty ND that touched TVZL to the tick... I mean bang on. Nice an clear too on the 15 min chart is the recent LL price structure and follow that up with a weak retrace into TVZL which made a LH and you have a great low risk entry. Even had price pushed up to TVZM the LH structure would still have been in place. Really great PA.
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Today's zone = Tomorrow's opportunity!
  • #694
  • Apr 5, 2016 6:45am Apr 5, 2016 6:45am
I am long on crude at $36.40 after a 5 min test into the H of TVZ. Target is back up to YVZ.
Today's zone = Tomorrow's opportunity!
  • #695
  • Apr 5, 2016 6:57am Apr 5, 2016 6:57am
Got 1:1 on AU short. 30m ND under some serious weakness. All pointers were down.
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Volume at Volume
  • #696
  • Apr 5, 2016 11:06am Apr 5, 2016 11:06am
Quoting pres78
I am long on crude at $36.40 after a 5 min test into the H of TVZ. Target is back up to YVZ.
​Hit a little better than 1:1 so part 1 was closed for 1:1 but part 2 hit SL so trade was a net BE. Messy PA on crude.
Today's zone = Tomorrow's opportunity!
  • #697
  • Apr 6, 2016 8:18am Apr 6, 2016 8:18am
GBPJPY was a beauty today at LO. Check out that PA first into YVZL and then into TVZL (was LO bar). Did anyone grab any pips from it?
Today's zone = Tomorrow's opportunity!
  • #698
  • Apr 6, 2016 8:31am Apr 6, 2016 8:31am
Yes - got in a bit late (my platform messed up) but it managed 1:1.
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Volume at Volume
  • #699
  • Apr 6, 2016 9:26am Apr 6, 2016 9:26am
GBPJPY has based and will be heading higher...
Today's zone = Tomorrow's opportunity!
  • #700
  • Apr 6, 2016 11:16am Apr 6, 2016 11:16am
Quoting pres78
GBPJPY has based and will be heading higher...
Or it will go sideways while GBPUSD climbs like a monkey on steroids.
Today's zone = Tomorrow's opportunity!
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