Commit to the Trade

Yes All are welcome

USDJPY LONG - LIVE



Price was moving down to our Demand level. Market in an up trend within the lower TF 5M inside the base as well as the Daily, 4HR and 1Hr, so price is showing a definite bias to the upside.



Price starting to moving nicely in our direction. TP is a Support Resistance area. RR is 1: 2 to 1 and 1:4 to 1 for the 2 position. Each position is a 2 lot.

Patience .. lets see what happens

TSD

USDJPY LONG - LIVE (continued)



Price stalled and began a retrace so we stepped down in TF to take a look inside the trade and PA. The 1M had a small Demand level and price bounce from there.



Price continues to act anticipated.

USDJPY LONG - LIVE (continued)



Price reacted well to the new Demand level which is also a SR level on the 5M

USDJPY LONG - LIVE (continued)



Closed out one position for a 5 pip loss. One 2 lot position still left open.

USDJPY LONG - LIVE (continued)



Woke up this AM to find we hit our TP on our last position.

Total pips for this trade was 37. We take to 5 pips from 37 as both position were involved in this set. Net pips 32

TSD

USDJPY LONG - LIVE



Got long a 2 lot on this scalp. As you can see we are using multiple TF's for our Supply Demand Level.. RR is 3:1



Larger view as to where price is anticipated to go.



Higher TF for a view of again where price should go.

Basically, we see within Supply Demand, that price coming out of its base tend ( not always ) returns to its respective SD level. We look to the higher TF''s to get a potential directional as to where the pressure of this move to go.

Lets see where it goes??

USDJPY LONG - LIVE (continued)



Anticipating the bounce off of the lower TF Demand. Basically a look inside the trade as price pulls back.



Bounce at Demand. Lets see if we get follow through?

USDJPY LONG - LIVE (continued)




We got our follow through. Price now at ( what I call = Interim Demand ) due to lower / smaller TF. Again I am looking inside the trade for areas where price will stall. It gives me a sense of where price will return on pull back and price price progression as price within the higher TF's.

USDJPY LONG - LIVE (continued)



Price retraced back to entry area. we may get a ounce at this Demand level. Otherwise we will be stopped out

USDJPY LONG - LIVE (continued)



As we can see price has moved in our favor. Will ride it out to if we get a squeaker bounce. LOL

Will see.

USDJPY LONG - LIVE (continued)



We just got stopped out as I was typing.

A loss of -11 pips

TSD

USDJPY LONG - LIVE ( #2 re entry )



As previously notice we were stopped out on the long.

Price move into a Demand Level and went long again on a 2 lot on the 5M... RR is 3:1



Price has moved aggressively in our direction. Lets see if we can get some follow through?

USDJPY LONG - LIVE ( #2 re entry ) - continued



We are well in profit. Patience = let the trade work itself out of this range.

USDJPY LONG - LIVE ( #2 re entry ) - continued



We exited as there was no follow through. Ended with a 7 pip profit.

Hi TraderinSD,

On the very beginning I see that you had volume indicator on your charts. Recent ones without volume, are you still considering volume while making trade decision? Thanks ...

Not so much, as well as later I was using Range. As stated, I view volume as activity vs true volume. Not all larger range candle will have high activity or volume. I may go back to it but at this time - the short answer is no.

TSD

AUDUSD Short 6.14.2017



We got short a 2 lot on the first short and then took a second short for a 2 lot as price rolled up back up.
SL was 6 pips with a 12 pip TP for both positions.



Price moving nicely in our direction



Price retesting a SR level

AUDUSD Short 6.14.2017 (continued)


Price retested our next leg down, then moved aggressively in our favor.



We see price crossing our TP. Spread is 3 pips.



We exited the trade due the spread and that price may ?? retrace back up to resistance. I not going to quibble over 3 pips.

Total pips for all positions 35 pips

TSD

CHF Long - Live scalps
EUR Short - Live scalps



We are long a 2 lot with a 2:1 RR



We are short a 2 lot with a 2:1 RR

USDCHF and EURUSD tend to move inverse of each other.

Will see??