I am still in the position with second part... seems to be out on BE+1 every second..

One of yesterday's screens was about trend corrections into previous HOUR Value area. It works on all TFs. See M5 chart.

Disclaimer:

Let's be honest here. It is always easy to show trading ideas when described situation has already been developed. It is much more difficult to find and successfully trade such a situations in real-time. But it is possible! It’s the same like in other professions…you need to practise, practise and practise. No shortcuts.

Did you notice how many times FDAX intraday POC worked as a SUPPORT this afternoon?

Intraday Point of Control act as a support or resistance very often during the day.

Second rebound from the very same level...

And the third one... and StopLoss hit.

...so trader is not able to make any decision and needs to stay out of the market...

I would like to thank everyone who pushed the button so far!

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FIO Journal Challenge - April 2016 (over $1,100 in prizes) One picture is better then thousand words. Give my new journal a chance, maybe you will like it! :)

We have last 3 days to go!

Thank you again!

Long in Crude from 46.48

- PT1 already hit

another screen