I will enter multiple positions sometimes, and sometimes I will just enter one. It depends on the situation. If there is confluence of SD and SR and the trade is with the trend, I'll risk up to 1.5% or so but it's not a set rule. Also, if the zone ...

Trading With Limit Orders

Looking back at that trade to try to take note of what was right about it, these things stand out: A) Origin of a strong move (the market demonstrated clear imbalance of S/D) B) Previous support C) With trend ( we recently come into an important S/D ...

Trading With Limit Orders

Both TP hit

Trading With Limit Orders

Here are my major supply levels that I'm watching, they're all untested and should be totally excellent.

Trading With Limit Orders

Just got home from work, grabbin something to eat before I go to campus for class. My long order was filled and then immediately stopped out. I should probably not go against the current with limit orders. I have canceled those shorts and put a new ...

Trading With Limit Orders

Back again briefly during my lunch break. Got burned on those last couple trades, price saught out the next supply levels and I wasn't around (also never placed my orders up there). I had considered that situation and made note of it but failed to ...

Trading With Limit Orders

Here's another limit sell on a gbp/cad supply level. I don't like how impatient I'm feeling. It sucks to not be able to watch volume for my entries. Perhaps limit orders will keep me from taking those stupid trades though. We'll see if my account is ...

Trading With Limit Orders

Another supply level was created. This is a 5m showing where I put my entries. I'm using tighter stops, smaller position size, and tighter TPs (2 x risk). This is because this is the third supply level after the one I was watching on the outside of ...

Trading With Limit Orders

I like the hourly, daily, and weekly charts for drawing zones. This is for global continuity. I draw my zones like this as well. Many times price will zoom towards my levels and just barely tap them before turning to race off in the other direction. ...

Trading Supply & Demand Zones

For me, I would not go anywhere near that risk:reward. One loss is going to kill you. Careful saying things like 50% this month when the month has just begun. Also you must be risking a large % on each trade to hit 50% profit in the first week of ...

Trading With Limit Orders

Hey JJ I'll respond later on. I'm on lunch now, and don't have much time. Here's a screen shot of EU since my last one. The supply zone with my limits wasn't even approached, and a new supply zone has been created today. I moved my two short limit ...

Trading With Limit Orders

Here is a 1h EU chart. The light blue is a major supply level from the weekly/daily, and the darker blue is the most recent supply level. I'm going to place a couple of shorts up there.

Trading With Limit Orders

1st chart: EG 1h, long at demand 2nd chart: L- euro futures weekly showing long wicks at supply M- EU weekly showing the same R- dollar index weekly showing long wicks at demand 3rd chart: Weekly gbp futures at a supply level. I'm surprised that ...

Trading With Limit Orders

Weekly levels for eur/usd traders. Left is euro futures contract, middle is EU, right is the dollar index.

Price is everything

Thought I'd try red's no wick stylie, I really like it. Really lets you focus on the more important levels.

Price is everything

ThinkOrSwim. Pretty everyone I know hates their platform, but I think once you get used to it, it's really great. My only complaint is that it runs slow on my cheap lap top.

Trading Supply & Demand Zones

Here's a 1h and a 15m of EG. The 1h shows a demand level, and the 15m shows buying followed by a successful test

Trading Supply & Demand Zones

Here's a 15m of /6e. This can't be accurate, right..?

vsa with Malcolm

Here's /6e. I like futures for volume greater than 1h. I've only marked the closer of the two major supply levels on the chart that we're approaching.

Trading Supply & Demand Zones

Here's my dollar chart

Trading Supply & Demand Zones