


finally, while UK is asleep - EUR is jumping up... good or bad - depends on your market approach. basically some of us has missed a good intraday move everyone have been waiting for. but ok, as I see the current market situation the level of 1.115 must be cleared before the market will continue it's up move, (if it will, we can not know for sure - never). also...
What to expect before Major Session kicks in (Session start) This is probably the most common type of trading - "Start session breakout" But, as you can see, what also is very common - whipsaws are so common, and due to lack of money management, the beginning of the session can be very disturbing, and it also can be the end of trading for a current day or even...
I will discuss one of the methods of trading a divergence. The main advantage of the divergence trading is that you are able to enter the market right at the beginning of the swing. The rules to follow: 1. Spot a difference in a direction of momentum and price 2. Wait for a reversal pattern to complete 3. Enter the market in the direction of the momentum 4. It...
Trailing position using parabolic sar. I'm the fan of very tight stop losses, the negative side of it is that they are triggered a lot. But, in a long run it's easy to keep a positive account statistics and psychology wise it' very easy to overcome this occasions, as losses are never big. I'm a day trader, and stop losses are so important in a short term...
Breakout trading is considered to be one of the most common trading methodology. There are lot's of pro's and con's about the methodology, biut to keep the post short. I will only point on the main aspects. 1. find tops and bottoms 2. Place orders 3. Never miss a trade, as you never know which position will be a winning one, 4. Always have a critical stop 5....
1 we have to analyse what kind of gap was it. ( runaway, breakaway, exhaustion) 2 current gap on a 1 minute chart is a Breakaway, as it has broken through a short term trend line, 3 when we have a breakaway gap, the gap close is less likely, so we're waiting for a consolidation that will nearly fill the gap, in our sample it's 50% Fibonacci area. 4. we're placing...
to see what I'm talking about please change a tf to a 1 minute chart. 1. NEVER TRADE A BREAKOUT WITH ECN. 2. WAIT FOR AN IMPULSE CANDLE 3.NO MATTER HOW FAR THE MARKET WILL GO - REMEMBER, WHILE WORRYING ABOUT HOW MUCH YOU DIDN'T MADE - YOU'RE NOT WORRYING ABOUT HOW MUCH YOU'VE LOST!!! 4. WAIT FOR A SHORT TERM CORRECTION, USUALLY 3-5 MINUTES - enter after the 3rd -...
HA-HA, I think I can hear what you're saying now about money management, and about my words. But look, to be consistent in profit we must do a couple of things on a regular basis. 1 Follow our system or a trading approach with no excuse - to keep the statistics. 2 Not to be afraid to trade, when we see a signal. 2 Use our stop losses without any excuses, and no...
Trading plan on a current mid term situation. Instructions on how to read labels on a graph: The purpose of the SWA approach is not to name the wave, but to make money out of the next swing of a tradable period. To get a deeper understanding of the approach, that can open a new doors for your trading, please contact. Impulse move (impulse wave), or the...
Trading plan on a current mid term situation. Instructions on how to read labels on a graph: The purpose of the SWA approach is not to name the wave, but to make money out of the next swing of a tradable period. To get a deeper understanding of the approach, that can open a new doors for your trading, please contact. Impulse move (impulse wave), or the...
Trading plan on a current mid term situation. Instructions on how to read labels on a graph: The purpose of the SWA approach is not to name the wave, but to make money out of the next swing of a tradable period. To get a deeper understanding of the approach, that can open a new doors for your trading, please contact. Impulse move (impulse wave), or the...
Trading plan on a current mid term situation. Instructions on how to read labels on a graph: The purpose of the SWA approach is not to name the wave, but to make money out of the next swing of a tradable period. To get a deeper understanding of the approach, that can open a new doors for your trading, please contact. Impulse move (impulse wave), or the move...
Trading plan on a current mid term situation. Instructions on how to read labels on a graph: The purpose of the SWA approach is not to name the wave, but to make money out of the next swing of a tradable period. To get a deeper understanding of the approach, that can open a new doors for your trading, please contact. Impulse move (impulse wave), or the...
details on the chart, however here's some explanation: The purpose of the SWA approach is not to name the wave, but to make money out of the next swing of a tradable period. To get a deeper understanding of the approach, that can open a new doors for your trading, please contact. Impulse move (impulse wave), or the move towards the presumed main trend...
Details on the chart. Instructions on how to read labels on a graph: The purpose of the SWA approach is not to name the wave, but to make money out of the next swing of a tradable period. To get a deeper understanding of the approach, that can open a new doors for your trading, please contact. Impulse move (impulse wave), or the move towards the presumed...
Today is one of the days when I would recommend retail traders to have a break. Something or nothing is going to happen. in any case a huge slippage is expected. Might be a good idea to trade options.