iterating towards truth
I am back for a little while but not trading. As I can see there is no big movement in USDJPY so if stayed I would not trade this pair and wait for more clear signals maybe for the upside. Anyway I have been watching EURJPY for a while and it is c…
I wont be able to trade this since I got some other business to do away from my computer. But if you are around look for quick price action around the S/R range levels it will guide you to the right side of the trade. Good luck 😉
Interesting video by Greg Dinkin about psychology of poker game. Dont you find it very similar to trading?
One more position opened on GBPUSD. I am not anymore in the position but I managed to take a screenshot once I was in the position. After PMI news at 10:30 I have entered SELL STOP order below previous resistance level of the range. Quick run down…
Another trade was taken on USDCHF. After the “M” formation I have shorted previous resistance. It went against me for about 10pips and then retraced. There was one moment of patience when I was unsure if this move will carry on my direction but th…
Today I’ve been trading VFI as well as other strategies. I am waiting for market reaction on both TrendTrace and T3 strategies. So far I have traded just VFI with 22pips gain. nice “W” formation has formed. Very easy to spot and if you confirmed t…
If you have read my last post you have noticed that people from TimingCharts have came up with a last piece to my puzzle. I have been waiting for a while for EURUSD to come back little bit and it seems that right time is slowly coming. One last pi…
I am a fan of COT reports. COT reports make sense to me and they provide me with another view of markets. As the author of this newsletter I share the opinion that you should base your strategy on more then one view and opinion. Always question yo…
Supporty a rezistance(dále jen S/R) považuji za jeden z mála valdních indikátorů technického přístupu k obchodování. I velcí zastánci fundamentálního přístupu se vždy v rámci technického pohledu podívají na důležité hranice a nalepí si na graf i n…