Trade is still alive and kicking​ limping well maybe we should just call it slowly walking. It's been stuck in a 2.6 tick range since the first hour of the market open. This is why I don't trade much over Christmas and New Year... ...

Prez Forex (pres78) Trading Journal

​My preferred entries are ND, NS and tests (both as SOS and SOW). My absolute favorite entry is a pres78 2BR (I can call that here as it's my journal). I've never been a big fan of UT's and I don't trade gotcha bars (I prefer to be brought into my ...

Prez Forex (pres78) Trading Journal

I guess one last point I could make is not to keep drawing new zones as some days right from LO to LC we see bars each making higher volume so you'd spend all day adjusting your zones and never get a trade. From my experience the best zones to trade ...

Prez Forex (pres78) Trading Journal

​That would be up to you to test and see how it works for you and how you trade. Sounds reasonable. I've been trading using zones for over 4 years now so I have my own way of trading with them and trading plans (scalping, intraday and swing thus the ...

Prez Forex (pres78) Trading Journal

Well Steve I hope you do post more and now you know where to find me. I want you to know that the doors are always open my old friend. With you and Liam both back walking the FF hallways it must be time for some sort of reunion!

Prez Forex (pres78) Trading Journal

​So far the trade has hit 3:1 so I've locked in at 1:1 on part 2 after closing half at 1:1. See where the market opens back up here in a few hours. The indices close early tomorrow and the markets are closed Friday so if this trade survives the open ...

Prez Forex (pres78) Trading Journal

It is for me my friend. May not be for you and we can only trade what we see on our charts.

Prez Forex (pres78) Trading Journal

Short on S&P mini 2072, SL 2075. Final TP TBD. Will take 1:1 on half the trade upon a return to the days low. No buyers support bar on the 30 min chart up into the low of yesterday's zone.

Prez Forex (pres78) Trading Journal

I hope that no one got trapped by the SM on GBPUSD at LO. Nice fake out to the upside before taking the market down for the day until NYO where we bottomed out after the end of the 1st hour. The zone from yesterday would have us biased to longs come ...

Prez Forex (pres78) Trading Journal

​With respect to WTI (or crude light for some of you) you will find that many times your UHV zones will have at least one (if not more) level at either the round or mid numbers. The rounds like $37, $38 etc... really do play key roles in the ...

Prez Forex (pres78) Trading Journal

Even works on CFD's like WTI... LO, series of ACC along the high of the zone and up we go. See that sneaky ND right before the push up but we are smart enough NOT to short a ND above the high of a zone so we are kept on the right side. LO started ...

Prez Forex (pres78) Trading Journal

Everyday... tell me would you take this screaming SOW, lack of demand right at Friday's zone low which closed 90 minutes after LO? Had I been more focused on trading I most definitely would have. Beautiful.

Prez Forex (pres78) Trading Journal

On vacation this week so don't plan on much trading I was up early however and ended up taking one trade today. Short GBPUSD with entry at 4920 below the low of the ND (second hour of London session), SL at 4930. Ended up taking profit at 4:1 after ...

Prez Forex (pres78) Trading Journal

​Welcome and I hope to see you around in the New Year. Just remember that I am not pure VSA, I trade my own version of it mixed with my zones.

Prez Forex (pres78) Trading Journal

You too!

Prez Forex (pres78) Trading Journal

Welcome to my little piece of FF and I am happy to hear that you find what I am sharing interesting and not too boring. I hope that you too have a great Christmas and hope that you stick around and perhaps share a few charts, ideas or thoughts.

Prez Forex (pres78) Trading Journal

Sitting here at work enjoying a quiet half day (we close at lunch) excited about spending Christmas with my family and looking forward to 2016. It's going to be a good year, I can just feel it. My two girls love this song and well I find it quite ...

Prez Forex (pres78) Trading Journal

​And up we went... Check out today's LO zone... 50% right at that Dec 16th zone 50% level... shared level once again. 1.095 anyone? We are back at a heavy R area so bulls need to step in and protect the 95 level in order to have a chance at ...

Prez Forex (pres78) Trading Journal

​So this played out as I suspected, however it appears the bears stay may be short lived. Today the controlling volume is right at the days low, we are currently floating around the high of the zone and on the Daily chart today closed as a test-ish ...

Prez Forex (pres78) Trading Journal

​The PA in the orange box is the reason I dropped my SL to lock in more profit. We were basing and testing downward with no volume / activity found after London closed (we saw some profit taking for sure during that last hour) and despite a weak ...

Prez Forex (pres78) Trading Journal