Some people are not going to like this article. That’s fine though. We may just have to agree to disagree in the end, because this is an argument that has been going on forever on trading forums without ever finding any common ground. Of course… my side of the argument is the right one… but some people…
The following is an excerpt from an email Q&A session, which offers a great lesson for us all to share – the importance of correctly assessing the bias. Email excerpt: …My problem is I get stopped out again and again most of the time before price goes in my direction. I have a 20 EMA…
The following was a reader email, regarding some specific price action on Jan 29th, 2011, in the EUR/JPY: Question: I have question for you. I have attached a 5 min chart on Friday as a JPEG file. Note the candlestick in the circle which is very long and sudden up and down. Also the shadow…
The following was a reader email, enquiring as to how I would enter during a rather messy pullback: Question: I attached EUR/JPY 1 min chart. I assumed that the trend is still bullish. Within the blue area, where would you enter and where do you set your stop? Could you give me an advice please?…
