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pres78 replied Dec 15, 2015Post away, keeps me company. I'll chime in when I can and try and help steer you in the right direction. Keep practicing and focus on the edges for now and things will become clearer. Then you can move onto taking trades within the zones.
Prez Forex (pres78) Trading Journal
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pres78 replied Dec 15, 2015Ah those sneaky SM bastards
... The good old FO fake out. Took out the high of yesterday's zone but then what did the London boys do? Right back inside. FO and even the initial moves at LO can and will quite often be fake moves to try and trap ...Prez Forex (pres78) Trading Journal
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pres78 replied Dec 14, 2015So... this may end up playing out. Low of Friday's zone was right around that key level I mentioned several times now 1.095 (which is where we found support today before the push up. We are now testing into the 1.1 level. We did however see today a ...
Prez Forex (pres78) Trading Journal
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pres78 replied Dec 14, 2015Lots of activity brewing up at the Friday zone high... Now is it buyers absorbing sellers, profit taking (or a little of 1 and 2) or perhaps the informed buyers are switching sides to sellers as the uninformed buy the BO blindly? Time and the volume ...
Prez Forex (pres78) Trading Journal
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pres78 replied Dec 14, 2015See how the zone from Friday has contained PA thus far today. Support found at the low, up resistance found at 50%, small retrace support found, break of 50%, test of 50% followed by a push up and we are currently on our way to the high. Today so ...
Prez Forex (pres78) Trading Journal
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pres78 replied Dec 14, 2015All in all your read was good, SL was a bit close and should have been at least above the high of bar A. Not crazy about the PA you entered off but again all in all a good read. I have to assume you were stopped out on the final push up before the ...
Prez Forex (pres78) Trading Journal
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pres78 replied Dec 13, 2015I'll try and post a few examples when some new higher TF trades materialize.
Prez Forex (pres78) Trading Journal
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pres78 replied Dec 13, 2015EURUSD is inside the zone from Friday so we need a break of either the high or low before we can determine bullish or bearish. As with any trading method one must figure how and if it works for them. VZA works wonders for me and has for over 4 years ...
Prez Forex (pres78) Trading Journal
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pres78 replied Dec 12, 2015Due to my lack of time and still having a full time job and a family that keeps be running most of my trades are taken on the 4hr and Daily charts (even Weekly and Monthly). The set-ups are less and stops are wider but the time needed to manage is ...
Prez Forex (pres78) Trading Journal
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pres78 replied Dec 11, 2015Slow drift, cancelled my pending's closed my platform. Will evaluate things for next week on Sunday night when the markets re-open.
Prez Forex (pres78) Trading Journal
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pres78 replied Dec 11, 2015EURUSD pending short at 9088. Reason = Bored
... Expecting to see 9070 again before the end of the day (or we won't, either way I'll be right
). Have a great weekend.Prez Forex (pres78) Trading Journal
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pres78 replied Dec 11, 2015No sorry. It is for personal use only (written by me based on my risk and trade management profile).
Prez Forex (pres78) Trading Journal
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pres78 replied Dec 11, 2015Lovely new zone on EURUSD (and others) for trading next week. Highest 1hr volume seen this week on many pairs. Decent size range so could offer some fun scalping inside the zone until the H or L is taken out.
Prez Forex (pres78) Trading Journal
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pres78 replied Dec 11, 2015Check out how the NY boys used the London boys as support as they bought the hell out of the EURO on pairs like EURAUD, EURCAD (not as clean looking) and EURNZD. NYO and into high impact news we saw all pairs above yesterday's zone and above today's ...
Prez Forex (pres78) Trading Journal
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pres78 replied Dec 11, 2015Saw it coming, couldn't find an entry I was happy with. Ah well.
Prez Forex (pres78) Trading Journal
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pres78 replied Dec 11, 2015To me it's looking more like a return to 1.1. We will see. PA is messy ATM. 9040 and 9070 are the 2 key levels I am watching currently.
Prez Forex (pres78) Trading Journal
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pres78 replied Dec 11, 2015Nothing yet... EURUSD still range bound.
Prez Forex (pres78) Trading Journal
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pres78 replied Dec 11, 2015Watching for a possible long set-up coming into NYO on EURUSD. We are up around the high of yesterday's zone but still within it, we did however get a break of the high. Seems to be some buyers present. Let's see what opportunities present ...
Prez Forex (pres78) Trading Journal
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pres78 replied Dec 10, 2015Came within 0.1 pips of 1:1, back to entry so closed at BE.
Prez Forex (pres78) Trading Journal