Lem's Big Box O' Stuff.

[LeMercenaire]

At the moment, the 23.6 level is proving to be a decent barrier to the continued drop.

Often when this happens, you will now have a great scalping killing zone as price will bounce and rebound between the two levels until it finally makes a solid and sustained break.

In anticipation of this, I will also run a fib between the two major levels (from the H4 here) and scalp those as well.

[LeMercenaire]

Perfect rebound back down off the ma.

[LeMercenaire]

AU back in the mix for next week.

[Mira]

LeM’s on fire
Hi guys, how are you?

Finally I’m back to trading after a few weeks of pure HELL
I have to re-read everything here, very interesting stuff as always, Lem.

Thanks for sharing

[LeMercenaire]

LeM’s on fire
Hi guys, how are you?

Finally I’m back to trading after a few weeks of pure HELL
I have to re-read everything here, very interesting stuff as always, Lem.

Thanks for sharing

Good to have you back, Mira. Hope the hellish times fade away.

Any questions about what I'm banging on about here, feel free to ask, as always.

[LeMercenaire]

Have a great weekend, folks. See you on the other side.

[forexjpn]

You too Lem!

[forexhell]

Just trying again ... it´s annoying to type a post, add charts just to get notified after pressing the Submit button that you are either a Spammer or Bot or the list is private etc etc. ... hope the Admins can fix that

Lem regarding your 2 EU scalping charts, I have noticed that especially on tick charts the price may be different because of brokers data feed.
I just post mine to compare ... do you think that would be a problem regading candlestick formations etc.?

Nice weekend to all !
Tom

[LeMercenaire]

Just trying again ... it´s annoying to type a post, add charts just to get notified after pressing the Submit button that you are either a Spammer or Bot or the list is private etc etc. ... hope the Admins can fix that

Lem regarding your 2 EU scalping charts, I have noticed that especially on tick charts the price may be different because of brokers data feed.
I just post mine to compare ... do you think that would be a problem regading candlestick formations etc.?

Nice weekend to all !
Tom

I don't think it could be different - I KNOW it will be different!

It's of no consequence unless one was trying to compare specific moves.

In reality, just trade what you see in front of you.

Candles and patterns and signals may develop at different times and different places but the actual information will still be valid for you on your chart.

[LeMercenaire]

'Morning all. Hope you had a good weekend doing whatever it is you do

The bright and frosty start here brought the news that our GU short is off and running.

I had taken the entry as a Z-Line break and hold below and that's the one that you see as the lower of the two trades.

As I was in effect late to the party, I had also set up a limit order in case price revisited that level but unfortunately it didn't and so i will be deleting that once I have posted this here.

At the moment, we are up +25 which is a nice start to the week.

GBPUSD H4 Chart Short @ +25 in-running.

Screenshot 2019-02-11 at 10.23.29 - Edited.png (61.51 KiB) Viewed 3619 times

Now normally my trade management would kick in. I'd expect some kind of retrace and I would probably base my decisions around a fib and / or Supply + Demand info.

However, I am not actually able to be at the screens full time today - and for this whole week at least, probably and so I me just have to leave it along and let it do its thing.

More than moderately annoying but hey ho, what can you do.

Trade well all and back later.