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pres78 replied Dec 23, 2015Stopped out 20 minutes or so ago for 6:1 (36 pips) at 1.0881 upon a return back up into today's hourly zone. Currently EURUSD is back testing the low of the Dec 16th hourly zone (crazy spread and UHV bar, thus still on my chart)... Well that's ...
Prez Forex (pres78) Trading Journal
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pres78 replied Dec 23, 2015PA on EURUSD today has been a thing of beauty. Break a zone low, test the zone low and make a new low... We take out the low of what was today's highest volume zone (and also the Dec 16th UHV WRB zone low) and print a new higher volume bar. Look at ...
Prez Forex (pres78) Trading Journal
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pres78 replied Dec 23, 2015I don't trade that pair (really need to also watch Asia session as AUD and NZD pairs tend to move in that session) but what I can say based on my quick peak at a chart is it's only been buyers in control from LO till NYO. That last hourly bar ...
Prez Forex (pres78) Trading Journal
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pres78 replied Dec 23, 2015Why a pending sell? The low of that zone already came into play after London open. That zones ship has sailed already for today as we've already been through LO and NYO. NYO gave us a new daily low and a break out of what was today's zone. Right ...
Prez Forex (pres78) Trading Journal
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pres78 replied Dec 23, 2015This will be my last day of active posting until the new year. I will be watching the charts off and on (between the family time) but won't be trading. Have a happy and safe holidays! Here's to a prosperous 2016 with many green pippies for all.
Prez Forex (pres78) Trading Journal
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pres78 replied Dec 23, 2015And as quick as we go up, back down we come. It's times like this that you need nerves of steel and good PA reading skills. You need to be able to separate the real moves from the fake outs. You need to be able to see the "hidden" intentions of the ...
Prez Forex (pres78) Trading Journal
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pres78 replied Dec 23, 2015Pinged the 1.089 level and found some buyers, back above 1.09. See how the next few bars play out.
Prez Forex (pres78) Trading Journal
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pres78 replied Dec 23, 2015I hope somebody cashed in off that 5 min SOW below today's zone. Easy 2:1 so far with a 6 pip SL, trade would be up 12 pips already. Seeing some support at 1.09 (as would be expected at the good ol' round numbers). For me the next level of interest ...
Prez Forex (pres78) Trading Journal
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pres78 replied Dec 23, 2015EURSUD - Keep a close eye on the current 5 min bar... very NDish looking and we are below the low of today's controlling zone...
Prez Forex (pres78) Trading Journal
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pres78 replied Dec 23, 2015EURUSD Short at 1.0917. Reason... Find the 15 min within the hourly from today's zone... SL 1.0923 (50% of the 15min zone and there was a nice exchange at that level already).
Prez Forex (pres78) Trading Journal
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pres78 replied Dec 23, 2015I have no doubts of the similarities of the futures and FX charts. I've spent enough time doing side by side comparisons to feel 100% confident trading forex using tick volume. ECN brokers with deep liquidity pools have almost identical volume ...
Prez Forex (pres78) Trading Journal
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pres78 replied Dec 23, 2015EURUSD was down away from yesterday's zone at LO so I waited for LO to close and fibbed that bar as it was and still is the highest volume bar of the day... We are sitting range bound at the moment within the zone. Based on the current PA and volume ...
Prez Forex (pres78) Trading Journal
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pres78 replied Dec 23, 2015GBPUSD Check out that chart. We closed below yesterday's zone which was close to the days low (at the bottom of the market action)... LO we are above the H so we now are thinking longs. Market opens and the first hour is nothing more than a fake out ...
Prez Forex (pres78) Trading Journal
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pres78 replied Dec 23, 2015I use ONLY NY close charts. I think that makes them GMT+2... They are 6 hours off my local time and I am in GMT-4 (it's 6:42AM here now and 12:42 on my charts)...
Prez Forex (pres78) Trading Journal
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pres78 replied Dec 22, 2015Two examples of many today (well everyday to be honest). Yellow zone = yesterday zone, white line = LO. If you can't follow these road maps, you shouldn't be driving

Prez Forex (pres78) Trading Journal
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pres78 replied Dec 22, 2015Hello forest it's me the trees... can you see me? Just wondering because I can't see you. I believe there is a metaphor in there somewhere
I was sure we were headed back to 1.1 today... We stopped dead in the tracks at 1.0984. WTF I asked myself? ...Prez Forex (pres78) Trading Journal
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pres78 replied Dec 22, 2015EURUSD I will be very interested to see where the day closes as currently we are sitting below the low of today's zone. Looks like we could (this is mere speculation until LO tomorrow) be in for a sellers day tomorrow. We will see how the day closes ...
Prez Forex (pres78) Trading Journal