I love the new Signpost tool that was released this week... i was all set to put in a feature suggestion when I realized I could already do it: make the signpost go DOWN as well as up! I am a stickler for documenting your trades - EVERY single trade: the winners but ESPECIALLY the losers - so you can learn, reinforce, and EMBED your trading system into your...
Here is picture perfect MMA Trade which had a minimal draw down and easily hit it's 90 Pip Profit Target. Unfortunately, Because these trades involve a moving average and other pair considerations, It is hard to post these before the entry Allen
This is a Textbook Type 1 trade. All 4 horseman aligned. A good solid breakout. minimal draw down and runs to Profit target. Allen
Trading before News News is a fact of Forex trading and while their are several ways to trade the Actual release and it's aftermath, today I want to focus on trading before the News. Understand that the decision to enter the market before News is a conscious one and you don't have to do it. Prime examples are days where interest rates, for a currency you...
Trade Review and Documenting Most successful traders review and document their trades, unfortunately, alot of new traders do not. "what's done is done, can't change it...." while that is true, you can, and imho must , learn from them. Each afternoon, whether I take a trade or not, I review the market and my potential set-ups, executions, and trade completions....