A word on managing zones when your in a trade. Look at GBPUSD. We get LO and it's TVZ. It was a move up and out of YVZ. The volume is higher than YVZ and the bar closed well away from YVZH. We fib that bar and being the savvy traders that we are we ...

Prez Forex (pres78) Trading Journal

​EURUSD was nice today. LO we saw support and a push up and out of YVZ. The hour before NYO was a great push down with support found at 50% of the LO zone (was and still is TVZ). If you drop to a 5 min chart you can see we even got a test into the ...

Prez Forex (pres78) Trading Journal

​Crude is going to want to retest the 41.62ish to 40.30ish zone before we see any higher prices. This is the H to M of the Monday April 18th bar which printed after the Doha weekend bust.

Prez Forex (pres78) Trading Journal

​Not today. I find Monday's can be bad. Plus with the upcoming Fed news on Wednesday we may seem some stall and ranging till then... USD pairs especially. A bit of USD news tomorrow may fuel some small moves but Wednesday will be the key driver for ...

Prez Forex (pres78) Trading Journal

Check out that lovely PA between the zones. Really nicely seen on the 5 min. A series of up/down PA as the bears filled their sells and absorbed / removed demand. We saw a LL, LH, LL, LH series print between the zones and then a push lower. All in ...

Prez Forex (pres78) Trading Journal

Crude saw quite the sellers reaction from the Friday zone M. Then a bounce from what was TVZ (3rd hour of London session) and now back up testing the Friday / today zone L (10 pips apart roughly).

Prez Forex (pres78) Trading Journal

Or how about GOLD... lovely 1hr pres78 2BR type 1 right at LO and right into YVZL. Awesome. It was a great day to trade with tons of opportunities to be had. Wait for the cleanest looking set-ups, avoid the messy looking ones and take your pips!

Prez Forex (pres78) Trading Journal

The GBP pairs were monsters today. I hope other grabbed some pips off GBPAUD, GBPCHF, GBPJPY or GBPNZD today. GBPCAD and GBPUSD not quite as nice and affected by news.

Prez Forex (pres78) Trading Journal

Trades worked out nicely and turned into a runner. There were several changes to get short on EURUSD today across the various TF's.

Prez Forex (pres78) Trading Journal

​Looking at this further on my charts (didn't trade GBPUSD today) I would have never been looking to short based on YVZ and TVZ's (as they printed).

Prez Forex (pres78) Trading Journal

What is the green zone? You were below the M of the yellow zone but above the L of the green... Even for a scalp trade within the yellow you should have waited for a break and test into the green zone L.

Prez Forex (pres78) Trading Journal

Just went short on EURUSD. 15 min ND. Scalping TVZ from M to L and then see...

Prez Forex (pres78) Trading Journal

​The logic is volume at volume (and the fact that it works over and over). The SM will be active again tomorrow where they were active the day before. Why? Memory, sort of but not quite. It's simply unfilled orders in a high activity location. Check ...

Prez Forex (pres78) Trading Journal

Amazing isn't it how EURCAD and EURAUD (oh and also EURUSD) hit their YVZL's in the same bar.

Prez Forex (pres78) Trading Journal

​Currently in long scalps on USDCAD, GBPCAD and EURCAD. All based on TVZ (LO). Eyeing YVZ as target levels and or possible turning points. Will trail and see how these all play out.

Prez Forex (pres78) Trading Journal

GBPCAD back testing that 8146 level... let's see what happens this time...

Prez Forex (pres78) Trading Journal

A​mazing isn't it? How over the weekend news came out (based on the outcome of the Doha meetings) that created huge gaps on Oil and commodity driven pairs like the CAD. Just image the panicked reactions that caused on market open with those worried ...

Prez Forex (pres78) Trading Journal

​Actually it was a lovely sellers rejection from the LO zone low... Should've saw that coming ..​. LO did not end up being the highest volume zone for that time of day however it was the second hour... Based on that zone it was a rejection from ...

Prez Forex (pres78) Trading Journal

​Half closed at 1:1, half closed at SL. Net BE. Not the best trade despite that lovely test. Ah well... onto the next one!

Prez Forex (pres78) Trading Journal

USDCAD long that I am currently in. Picture perfect 1hr test down into the YVZM and YVZL which closed above the M. There were also several other entry chances on lower TF's if one was so inclined.

Prez Forex (pres78) Trading Journal