DJ30 Supply and Demand Zones — This is a chart I particularly liked from last week. Notice how well the demand and supply zones were respected. The first 2 arrows (1 demand and 1 supply) were No Brainer FTB trades to SD zones. image

MinceMeat’s Trading Journal - My Walk to Freedom

Gold Short 04/05/2012 — Took 2 trades short at a good supply zone. First trade was a limit order at supply zone which was taken out for BE after it bounced off daily level and reversed. 2nd trade was taken after 5 minute pinbar formed and full ...

MinceMeat’s Trading Journal - My Walk to Freedom

WTI Long 02/05/2012 — FTB to a a LTF SR with a decent demand zone. Took full profits just before daily SR at a LTF supply zone. Profit/Loss: +0.82 image image

MinceMeat’s Trading Journal - My Walk to Freedom

USDJPY Short 01/05/2012 — A trade I took last week and didn't document. FTB to a supply zone. Price hit during news (ISM manufacturing PMI) which I had overlooked otherwise would have looked to have pulled the order beforehand. Notice how ...

MinceMeat’s Trading Journal - My Walk to Freedom

ha ha, hilarious. Never going to be able to look at posts from Ken Lee without thinking of this song!

B.S. Trading with Kenneth Lee

CADJPY FTB — There have been 2 FTB setups on CADJPY this week. I had an order in on the first one which was narrowly missed. After it going down and hitting what I would deem to be my FTA I removed the order but you can see that price came ...

MinceMeat’s Trading Journal - My Walk to Freedom

NZDUSD Potential Long — Looks to be a potential long off 0.7972 on NU at a technically confluenced level and daily demand zone. Will have to wait and see when price gets there but I would expect a decent bounce. image

MinceMeat’s Trading Journal - My Walk to Freedom

Supply / Demand Zones 2 May — Now on to some of the ones that did work. image image image

MinceMeat’s Trading Journal - My Walk to Freedom

An example of how a zone with repeated tests will eventually fail as the demand / supply is consumed. image

MinceMeat’s Trading Journal - My Walk to Freedom

USDCAD and a trade I took a 1R loss on actually. Trade eventually went in my favour but that was after I was taken out by 2 pips image image

MinceMeat’s Trading Journal - My Walk to Freedom

EURGBP broken demand zone and now supply zone remarked on the 5 min timeframe to pinpoint entry. image

MinceMeat’s Trading Journal - My Walk to Freedom

Demand / Supply zones for 2nd May — Trading the lower time frames has been keeping me busy and not always easy to update the journal. Will be updating today with all of the Supply / Demand zone trades that I had marked on my charts whether I ...

MinceMeat’s Trading Journal - My Walk to Freedom

Sadly not and I had that area marked up for quite some time now so very frustrating! Didn't expect such severe moves off the back of today's news, but I guess the thin markets given European holiday today would have exacerbated the moves. image

LJ Forex Group

I was trying to get in short EU myself ..... had a limit order at 1.3281 which was perhaps a tad bit too conservative.

LJ Forex Group

Nice entry Tyoon, it's a great location I had an order at 1.3281 which was perhaps a bit too conservative looking at the area again.

Price is everything

GBPUSD Demand Zone — Hopefully somebody caught this .... missed my entry by 2 pips image

Price is everything

GBPUSD Demand Zone — Long at a demand zone on GBPUSD. My entry was missed again by 2 pips .... was difficult to pinpoint entry on this one but I prob should have taken the minor SR level into account which I have highlighted by the blue box. ...

MinceMeat’s Trading Journal - My Walk to Freedom

2nd set of trades were on gold. Took 2 shorts at supply zones .... both would have been winners depending on how you played them. Managed the 1st trade badly and took a loss, 2nd one was a winner for me after taking 3/4 profits off at the FLS. ...

MinceMeat’s Trading Journal - My Walk to Freedom

Supply / Demand Zones — There weren't any decent FTB to SR levels for me to trade today so spent the day mostly working on my Supply / Demand Zone trading. 1st trade was GU where I entered at the compression into the supply zone after the BEOB ...

MinceMeat’s Trading Journal - My Walk to Freedom

Cheers mate .... seen some good trading from you! Keep the charts coming. Time for me to take a break too ... get some rest and we'll see you tomorrow

LJ Forex Group