iterating towards truth
The whole week I was just sitting and waiting. On Tuesday I took a small loss of -25pips in EURUSD pair. I was inpatient and got in early on a trendline break but under much smaller timeframe and IN A RANGE PLAY. Of course the market needed to cle…
I am going through a rough period now and trading is much more difficult for me. Once you lose confidence it can take time before you regain it again. M1’s are just totally unreadable to me and I needed to switch to higher timeframes (it is workin…
With EURUSD opening gap still in play we have a nice higher probability trade in place with well defined level of entry, take profit & risk. The level is well set just above 3713 and so far the price is behaving like it wants the fill to be comple…
Not sure what is the expectancy of this guy but the temporary RR has to be awesome.
Those who traded on Thursday afternoon (GMT) certainly remember the 150pips POP in 5minutes (EURUSD). Well the day itself on my main strategy (VFI) was average. I ended up the day with +19pips. As you have probably noticed once in a while I decide…
There’s now talk of the Fed targeting unemployment. How ’bout this. As part of the next quantitative easing, the Fed creates a $1,000 checking deposit for every citizen who agrees to write ten letters to friends, especially in rural parts of the c…
Every momentum trader has experienced this scenario. You are waiting for a nice technical level to be broken. You are counting seconds and you do not want to miss the entry. You are a momentum trader (for some scalper) and the right timing is one …
Recently I have been studying my trades and found out that I am missing on average my predetermined target in 38%! By that I mean the target which is finally reached but I exit prematurely (the target is reached without me and I am just watching w…
… but the question is? Why you clicked and for how long you are able to hold it :). The bottom line is: without proper training you are going to have the same reaction as the E-Trade baby.