I sent out the following post via social media earlier this week. It's a theme I've pushed quite a bit over the last few years because I feel it's incredibly important. No matter what markets you trade. No matter what timeframe you trade. No matter what strategy you trade. There will be price sequences…
Context: The trade idea: The entry: Out: How I think on trade exit: All exits are temporary. Pause and reassess. Consider re-entry if the premise remains valid. Sometimes it takes two entries. Sometimes it takes three. There are no ways around this. In the uncertainty of market action it's unreasonable to expect that we…
The open can be a time of great opportunity. But you need to be prepared. My default option is to always wait for the Trading Timeframe (TTF) to develop some structure. To wait until the initial trend is clear and obvious. But there are some times when I'll trade earlier, before the TTF settles…
You've learnt the pattern or setup. Great. But that's not trading. Now work on the real-time contextual decision making around that pattern or setup. Look beyond the pattern itself to the wider context. Where is the pattern occurring within the larger timeframe market structure? What structure will suggest avoiding this particular setup? What structure…
