Yeah that might be a good idea. Might work on that when I have some time. In all honesty Liam I had no idea this many folks would be popping in showing interest in VZA, especially over here in the journal section. Where I am not in the trading ...

Prez Forex (pres78) Trading Journal

​Hello Sparta and welcome. When price is no longer close to yesterday's zone OR if the LO or NYO zone overlaps (on higher volume) yesterday's zone. For the basics I always use 1 hour zones for my intraday trading. These zones are well respected and ...

Prez Forex (pres78) Trading Journal

​Yep NY boys certainly took that pair up. Nice little hourly SO to start their day and boom, up she went.

Prez Forex (pres78) Trading Journal

​Spoke too soon... 1hr just printed a ND/UT which closed below that shared level. EURUSD came back the Friday zone H (giving that boost to a few EUR pairs) and then failed again... As I said before interesting day. Been tough to get a clear read, ...

Prez Forex (pres78) Trading Journal

Take a look at EURGBP, today's highest volume 1hr zone has it's 50% right at the zone H from Friday. Increased volume down bar. See of we get a return to and then find support at that shared level of the two zones.

Prez Forex (pres78) Trading Journal

​Interesting day... EURUSD found support at 50% (so far) and is giving a boost to EURGBP and EURCAD. This is why we can't blindly trade breaks of levels. We need to see that the level has truly been taken and then defended. Otherwise we get ...

Prez Forex (pres78) Trading Journal

​Now you can see why I prefer my pres78 2BR's, when that second bar is on increased volume I find sometimes the patterns fail... look at the 3 pairs I noted... all printed what looked like great 2BR's into the 50% level and even closed back above ...

Prez Forex (pres78) Trading Journal

EURCAD, EURGBP both printed 15 min pres78 2BR into the zone H. EURUSD not so much... back inside the zone working towards 50% again. Both pairs that printed the 2BR's need EURUSD to support their moves if higher prices are in order.

Prez Forex (pres78) Trading Journal

​Sometimes patience can be our single greatest weapon. Me personally I got up at LO but saw nothing I liked after that first hour closed inside the zone (weakly) on several pairs across the board. I conceded that I'd need to wait to see what the 50% ...

Prez Forex (pres78) Trading Journal

​Support came in there for sure (similar to EURGBP & EURCAD, EURAUD also at 50% but didn't close back above the zone H like the other 3 pairs did) and a buyers 2BR on a few TF's but I don't see any that meet the pres78 2BR rules (for me anyway none ...

Prez Forex (pres78) Trading Journal

​Still 10 mins to the close but it appears the 50% level may be just what the EURGBP bulls needed. Increased volume down bar into the H at LO (closed below into the zone), increased volume down bar into the 50% at NYO (closed above the level). ...

Prez Forex (pres78) Trading Journal

That is the basics yes, however I consider the 50% level as the hinge point (only buys above and only sells below unless I am scalping the zone itself). If price is inside the zone at LO I see if the 50% is being tested as part of the LO move into ...

Prez Forex (pres78) Trading Journal

​Chart 1, your ND bars are closing above the zone L. The signal bar MUST close at or below (or above) the level your trading. I personally prefer for the signal bar to touch the level and then close below or above it. Once you get bars closing back ...

Prez Forex (pres78) Trading Journal

‎OK I've got a couple hours to kill waiting for my daughter so I'll try and address these questions now. I follow pairs with ADR's of greater than 100 and average spreads of less than 5 during active trading. That said obviously I prefer pairs with ...

Prez Forex (pres78) Trading Journal

​Hit 1:1 stalled and headed back to the high and then broke above. Closed out early for a loss on part 2, part 1 was closed at 1:1. Done for the week.

Prez Forex (pres78) Trading Journal

​Edit - closed below now to see of the L is taken out. EURUSD, looks like we might be getting a 15 min ND into the zone H now. 50 seconds till bar close. If it closes below the H then we could see a short set-up.

Prez Forex (pres78) Trading Journal

​This one never took off and we are now back inside today's zone. I closed my longs that I took from the NFP high. Now in a short scalp off a 5 min ND into the zone H from below looking for a return to the 50%.

Prez Forex (pres78) Trading Journal

EURUSD 15 min pres78 2BR into today's new zone high. Did anyone go long at either the H of this new zone or at the previous NFP one as I did? Hope I wasn't alone.

Prez Forex (pres78) Trading Journal

I just wanted to thank everyone who are participating at my journal. It's not often that others tend to spend much time posting and hanging out in the journals section. Usually the trading systems or trading discussions threads get all the love. It ...

Prez Forex (pres78) Trading Journal

EURUSD now testing today's new zone high (no longer the NFP bar in charge today).

Prez Forex (pres78) Trading Journal