Daily Forex Trading

[LeMercenaire]

Blew through the last one barely breaking stride. This one?

GBPJPYM5thisonegoingtostpit7thMar18.png (48.2 KiB) Viewed 2596 times

[LeMercenaire]

Blew through the last one barely breaking stride. This one?

GBPJPYM5thisonegoingtostpit7thMar18.png

Aye!

GBPJPYM5yep-lol7thMar18.png (48.32 KiB) Viewed 2594 times

Coming up fast on the 50...

GBPJPYM5nearlyFiddy7thMar18.png (49.5 KiB) Viewed 2594 times

[LeMercenaire]

Bouncey-Bouncey-Fifty-Line...

GBPJPYM5bouncey-bouncey-50Mar7th18.png (46.25 KiB) Viewed 2589 times

[LeMercenaire]

Perfect play between a DWZ trade backed by a Demand Zone.

GBPUSDH1pefrectplaybetweenDWZbackedbyDemandZone7thMar18.png (41.74 KiB) Viewed 2587 times

Unless you were hugely aggressive or there was some help from micro-Demand Zones on the lower time-frames, you'd probably have waited on the trip back down into the fully-formed box. You wouldn't have got as much as playing the original spike but your odds of success would have been much better.

I didn't play it either way, so these are just musings.

[LeMercenaire]

Perfect play between a DWZ trade backed by a Demand Zone.

GBPUSDH1pefrectplaybetweenDWZbackedbyDemandZone7thMar18.png

Unless you were hugely aggressive or there was some help from micro-Demand Zones on the lower time-frames, you'd probably have waited on the trip back down into the fully-formed box. You wouldn't have got as much as playing the original spike but your odds of success would have been much better.

I didn't play it either way, so these are just musings.

In fact, looking at it again, you'd actually have made more going in on the second move option above, as the first move reversed after the first initial push, whereas the second had a smoother and longer ride all the way to the other WZ.

[LeMercenaire]

All the way back up...

GBPJPYM5allthewaybackup7thMar18.png (45.19 KiB) Viewed 2581 times

[LeMercenaire]

This has a nice shape to it.

EURGBPDailywidecwfib7thmar18.png (49.25 KiB) Viewed 2566 times

[LeMercenaire]

This was just so...moreish

EURJPYH1justsoooooBazinga8thMar18.png (38.26 KiB) Viewed 2531 times

I haven't even looked at EJ seriously for ages and then saw this as I was checking out an old indi that happened to be on this chart. Hey ho.

[LeMercenaire]

EJ has just kept on comin' on today...in fact, it's now tomorrow - and it's still comin' on!

DWZ set-up started the whole thing off...

EURJPY.cH1niceDWZmovetokoFriday9thMar18.png (50.91 KiB) Viewed 2515 times

EURJPY.cH1stilltruckin9thMar18.png (51.35 KiB) Viewed 2515 times

[LeMercenaire]

Right on to the 50...

EURJPY.cH1righttothe50-close-9thMar18.png (53.39 KiB) Viewed 2650 times