Yes, there it is, sell PA is a 10m-PB, could also be a LTF bulltrap that triggered ............... lets see

LJ Forex Group

price just broke a bearflag at 4H-PPZ, waiting for a pullback to broken flag, I'am anticipating a visit to the base of flagpole

LJ Forex Group

Thanx for your reply, but I still don't get it, if I scroll down to the 1H-TF then I would expect a pullback somewhat higher where we see a great engulfing bar. when looking in the 1H-TF at that daily indecision bar of may 2nd, I don't see any ...

Price is Everything Chat Room

Hey If, that beautifull D1S you mentioned in the picture, could you show me that, I don't see any daily supply that price has hit to the pip, thanx

Price is Everything Chat Room

Aha, China has cut benchmark deposit rates again,

LJ Forex Group

I don't see any news events coming out at that moment that could influence price that way ..................

LJ Forex Group

WTF just occured, was watching that price compression and price shoots through the roof, this isn't funny any more

LJ Forex Group

Why did you leave IG by the way............... just curious

LJ Forex Group

Yes, its the trading platform that IG provides their clients with - it's from another company and its called ITCharts Advanced from IT-Finance I just love their platform and use it mainly for my analysis

LJ Forex Group

Had this one on my radar also, how would you've entered this trap - 1. waiting for the 1H-PB to close and then enter on a break or something like that 2. as soon as you saw that 15m-PB, but this PB closed below that broken support so it could bounce ...

LJ Forex Group

Same beartrap at E/J ................

LJ Forex Group

Fiber - very nice beartrap in play today, which I didn't trade by the way, you had to switch to a weird TF (25m-TF) though for a PA

LJ Forex Group

Update Ozzie bulltrap - well price didn't gave me a sell PA @ my anticpated pricelevel, instead price spiked (LQ) and dropped. But I didn't see any supply where price could've spiked into, so I had to let the trade go ........... only caught some ...

LJ Forex Group

So I did, closed sell and now really waiting for some bearish PA @ bulltrap/QM, tempted to buy again though ............

LJ Forex Group

allright part 1 of my trade is done, banked some nice and easy pips, will now watch PA @ bulltrap/QM, more nice confluence is that price is compressing upwards .............. could sell Ozzie to play the compression

LJ Forex Group

scalped Ozzie, entry @ pullback to broken flag, will close @ 10290-ish, looking for a bulltrap setup and QM-trade combo

LJ Forex Group

I would wait for the flag to resolve, if price breaks the flag to the upside, you could sell it somewhat higher @ QM-level which is also the base of the flagpole

LJ Forex Group

Another nice beartrap setup Ozzie, saw that one in hindsight

LJ Forex Group

Yes, was also watching that nice trap, at the same time E/J also created a beartrap, took the E/J trap and not the E/U trap. Very nice defined demand below via a beautifull marabozu bar (shaven top and BOTTOMS) which is pure demand

LJ Forex Group

Holy crap, where did that bullbar came from ........... never mind I'am banking my profit

LJ Forex Group