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pres78 replied Feb 2, 2016Care to share also the 5 other examples of the pres78 2BR's that you've traded today so others can see and learn?
Prez Forex (pres78) Trading Journal
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pres78 replied Feb 2, 2016GBPUSD has moved beautifully today respecting the zones / levels. I am recently in a long off a pres78 2BR (type 2 - decreased volume bar 1) into the shared level H from YVZ and 50% of TVZ.
Prez Forex (pres78) Trading Journal
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pres78 replied Feb 1, 2016
I should've known better anyway Liam... been a rough day on the currencies with 0 trades I've really liked so far (a few pending's but all have been killed). Only active trades today are some crude oil shorts. I keep saying this but also keep ...Prez Forex (pres78) Trading Journal
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pres78 replied Feb 1, 2016EURUSD 15 min ND pending short set. ND is into the Friday VZL (which for me is the Asia session SO looking bar) which was on higher volume than the bar down at the low of the day. As you can see both zones from Friday are playing a role today. Check ...
Prez Forex (pres78) Trading Journal
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pres78 replied Jan 30, 2016Hello Gav, I hope your weekend is going well. I am a bit confused as you say you traded the pres78 2BR but you really didn't. You entered after the bar closed below the L of the LOVZ so it wasn't really off any pattern per say and not a VSA based ...
Prez Forex (pres78) Trading Journal
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pres78 replied Jan 29, 2016Yes and that's the point in my pres78 2BR's. The lower volume second bar which made the HH or the LL thus making it a test type bar. But as always to each their own and if it doesn't feel right then don't use it.
Prez Forex (pres78) Trading Journal
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pres78 replied Jan 29, 2016The H of YVZ sure but we did close below the 50% of YVZ and for me what sealed the deal was the fact we were now below the L of what was TVZ and I could get 1:1 before the YZL. As you can see however price wasn't ready to fall and we did come back ...
Prez Forex (pres78) Trading Journal
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pres78 replied Jan 29, 2016No? Just me! Well that's too bad. GBPUSD moved like a champ today! Got knocked out at BE on trade 1 (part 2) after hitting 2:1 followed by a sizeable retrace (or my SL was too small
.) Snagged 5:1 (where I had my EA fixed TP set at) on trade 2 ...Prez Forex (pres78) Trading Journal
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pres78 replied Jan 29, 2016And GBPUSD offered up even more chances to get short. A nice pres78 2BR2 into the zone low (both zones and closed below both), 5 min ND's into the YVZL. Hope some others got in too.
Prez Forex (pres78) Trading Journal
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pres78 replied Jan 29, 2016Recent GBPUSD short. 1:1 achieved by the zone low. Pres78 2BR1 into the shared level. White zone is today's zone which occurred oddly enough during Asia. Hit 2:1 so far so now locked in at BE. EA will manage while I drive to work.
Prez Forex (pres78) Trading Journal
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pres78 replied Jan 28, 2016Ok so as a follow up to these two posts and as an add on thought to my FAQ I offer this. I have been finding that my pres78 2BR trades are much more successful and survive much less DD when the first bar IS on increased volume. My rules currently ...
Prez Forex (pres78) Trading Journal
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pres78 replied Jan 28, 2016Trade closed at BE+ a few. Countermanding signal, end of day coming. Trade hit 1:1 at it's best point and then slide sideways.
Prez Forex (pres78) Trading Journal
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pres78 replied Jan 28, 2016Or maybe not
. Just killing time. Long still open but moving painfully slow sideways at the moment just below 1:1.Prez Forex (pres78) Trading Journal
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pres78 replied Jan 28, 2016Hello 4400 (GBPUSD we will be there soon
)...Prez Forex (pres78) Trading Journal
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pres78 replied Jan 28, 2016Sorry to keep everyone hanging but I assure you it is on my to do list (it's getting longer by the day)... this working fulltime, trading part time and trying to run this place is a tough balance.
Prez Forex (pres78) Trading Journal
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pres78 replied Jan 28, 2016Stopped out on my GBPUSD longs but now long again after a 15 min pres78 2BR Type 2 (I will explain more in the coming days - will follow onto an earlier post I made about my previous GBPUSD longs) into today's zone high. Looking for a return back to ...
Prez Forex (pres78) Trading Journal
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pres78 replied Jan 28, 2016And we did. A nice runner which has exceeded the ADR by 50%. Was managing this manually but now I am just letting my EA do it's thing.
Prez Forex (pres78) Trading Journal
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pres78 replied Jan 28, 2016I missed this perfect little trade at the end of the first NYO hour on USDCAD...
LO bar today had it's 50% at the L of YVZ. We went up and rolled over at 50% of YVZ to gather sells (by enticing buyers to buy the pending BO of today's ...Prez Forex (pres78) Trading Journal
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pres78 replied Jan 28, 2016I am currently in a GBPUSD long (scalp for now, may see if I can manage it into a runner)... This trade and entry is a great example of a key component to a successful pres78 2BR which I did not have on this trade and in turn I suffered a bit after ...
Prez Forex (pres78) Trading Journal
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pres78 replied Jan 28, 2016OK fine I will indulge your curiosity
... Anything was can do as traders to free and ease our minds and to break the bond we have with our money is a great thing. In a PM the other day I responded to a trader that I am now at the point where win ...Prez Forex (pres78) Trading Journal