Seems like those London traders had some extra shots in their Lattes!

Intraday price action trend trading

Yes I'm in. UK GDP out in 1.5hrs so we might not see a lot of movement for now. London traders are also still buying their Starbucks as it's just 8am there. European traders on CET had a day off yesterday. Take care with news and let's see what ...

Intraday price action trend trading

Watch Cable. Trendline broken to the downside & an OB with the downward trend. Then a long way down to that historic area of support we saw on the charts last week. See Sho's old charts. Nothing is certain (nothing) but we've been given a 15 min ...

Intraday price action trend trading

Yes a great effort by Eric, Francis and others posting their trades. Well done guys. Keep the equity curves heading from bottom-left to top-right Rob

Intraday price action trend trading

Remember that supply area since Monday? — I've re-posted the comments and charts below in this thread at Sho's request so he can add more detail Who kept this supply area (seen in bottom chart) on their charts since it was first pointed out on ...

intraday trend trading with price action

Pin off round number — A pin this morning off a round number Edit: I'm also watching the 4hr chart on this trade. My current 4hr bar closes in 35 mins and I'm keen to see if a bearish OB forms. Note that GU has already created a 1yr low today.

Intraday price action trend trading

Remember that supply area since Monday? — Who kept this supply area (seen in bottom chart) on their charts since it was first pointed out on Monday? Sho, correct me or clarify, but the market makers continued to distribute their supply so that ...

Intraday price action trend trading

Sho, the short from that supply zone (tripple top & IB) was worth the wait!

Intraday price action trend trading

So far today, the supply level shown below has succeeded in providing resistance. That's why it's important to be aware of these levels when trading around them. Good to see you here in class today Sho Nothing is better than some words of ...

Intraday price action trend trading

Don't Forget Supply & Demand Levels — It's important to be aware of supply & demand levels. Sho teaches this as part of his method. Example 1 Example 2 Example 3 Example 4

Intraday price action trend trading

Hi Dave, I believe we should only take the trades that we are comfortable with. We all have unique trading personalities and our own set of rules. It's the trader who sticks to their own rules who is consistently profitable. Just because one guy ...

Intraday price action trend trading

Be aware — Be aware of the current GU situation. It could go up or down but simply take note of the picture below. The IB (not shown below but now formed) might guide us in the right direction. Rob

Intraday price action trend trading

Change the way you think about trading ~ to generate consistent results — "Can you measure how much you may have to change the way you think about trading ~ to generate consistent results? ...stop forming opinions about what you "think" the ...

intraday trend trading with price action

Great work Sho and thanks again for all your advice. For me, 65% profitable trades this week. 85% account increase with 1-2% risk exposure at any one time. The key has been very small losses, lots of BEs, many 2:1 & 3:1 wins and a few 100+ moves. ...

Intraday price action trend trading

I've closed for +115. It could well be dropping, further but I'm more than happy with that.

Nearly Naked (Simple Trades)

Hi Hova, I took a couple of good longs but there was no "impressive" upward momentum in my opinion. I felt the moves up were weak and so I was always on my guard for price to reverse and I traded those longs very carefully. I saw S&R at the 1.49 ...

Intraday price action trend trading

GU IB Short — Cable offered us a good helping of money this morning Currently +97

Intraday price action trend trading

GBPUSD — Hi Guys, I don't think I've posted charts on this thread yet as I tend to post on another. But as this chart probably isn't suitable for my usual thread, I thought I'd deposit here. Also as I think you guys have a great place here and ...

Nearly Naked (Simple Trades)

Peter, Well done banking the pips. That's great. I believe you entered short, just after that last bull bar. That would have been beyond my appetite for risk. We should remember that trend lines are there to be broken and respected. The important ...

Intraday price action trend trading

Hova it's an IB but we need to take care because of the S&R zone below. We have Bank of England speeches and news in just over an hour and the market "might" decide to pullback before any continuation up. No guarantees but trade with care. Rob

Intraday price action trend trading