I think You will trade 1,2 and 4 ... Reason would be that price is not lingering at the level, just testing it which means there is stronger chance of reversal . Right ?

Backing Trades Thru Charts

maximus 8-10% exposure at a time ... When multiple trades , Risk per trade goes down to 2-3% ... When all at BE , obviously risk exposure at that time is zero ...

Backing Trades Thru Charts

Yes , that is correct . I only take a first time back to the support or resistance ... For second or third time , I would not take just a touch of it because I dont know how to ... That is what I am trying to learn , how you do it, Just trade the ...

Backing Trades Thru Charts

To me , I use pattern Break out trade, then I use Support and resistance and supply and demand for the first return to it after BO ... After the first test , I usually do not trade it second or third time unless a Pinbar Or engulfing candle presents ...

Backing Trades Thru Charts

Thanks LJ for the reply ... Was it a full loss or did you still manage to reduce the risk somehow ?

LJ Forex Group

Balhana , this H1 demand looked strong . If I were here , I would have placed a buy order for the touch of it ... Was it an inevitable loss or is there something I am missing due to which this trade was not worth a buy trade /???

LJ Forex Group

That is exactly what I am in to , learning what exactly PA means to you ..... Will be waiting ....

Backing Trades Thru Charts

TLC , when ever you have time , I have a few questions regarding how you play things , kindly provide your input on them ... Charts below ... Regards ...

Backing Trades Thru Charts

An indication that bulls are still in control is , watch that it only took two candles to break the resistance and reach the supply zone on H1 and it is taking alot of candles just coming back , indicating weakness in bearish power ...

LJ Forex Group

How about this setup ?

Backing Trades Thru Charts

TLC , this is a chart I am unable to figure out how to trade . Can you please tell me how you would have managed it ?

Backing Trades Thru Charts

LJ , is it a nice FB in your point of view ? And when you are free, please tell me how you would take it and manage it if you would ...

LJ Forex Group

Hello Zamfir, How are you? I have a suggestion if I may. Mike ( mbqb11 ) is a very very experienced trader. Even at times when you feel that you know all about a particular situation and you are going to nail it and Mike shows his doubts about that, ...

james16 Chart Thread

Hello 5 , your CADCHF chart is really interesting . But I have a Question . Why are you opting to choose the area that you have chosen for a reversal where as the move originated from the imbalance zone lower then that one, the one at the bottom?

LJ Forex Group

Coke , brother , I have red it again and I have realized that I am not familiar with these couple of concepts that you just explained .... 1 ) What does printing a new lower low signifies ? The price , I thought , was just picking up order from ...

Backing Trades Thru Charts

Illegal ? Since when it is illegal to trade forex in india ?

james16 Chart Thread

Thank You LC , I totally agree with all that you said . I was just confirming what part I was missing ... Regards

Backing Trades Thru Charts

Hello LJ , I was looking at the for an FTB of an SR but it did not work out . Can you please give your point of view ?

LJ Forex Group

Hi Coke, Like the example of EUR USD , I was looking at almost exactly the same setup with same confluence but it failed . Below is the chart . Can you give your point of view ?

Backing Trades Thru Charts