There were two lines in last week's article, which I want to continue exploring today. Good trading isn't just about winning trades. Just as important is managing yourself during those times when you don't have a good read on the market. This business is HARD. And I tend to perhaps focus on the negatives a…
The plan was simple. Catch the opening drive. And bask in the glory of a winning start to the new session! Three failures… compulsory time-out! Note that this doesn't necessarily mean three losses. The first two were small wins. The last was a small loss. I'm still in front. And now have some important…
I do very much like a large Gap Open with a strong Opening Drive. But do you know what's better than a large Gap Open with a strong Opening Drive? How about a large Gap Open with Opening Drive failure and reversal to the opposite direction! We have discussed traps at (or just before)…
The session begins… Don't chase the missed entry. But remain focused. Because sometimes, while price has still not reached the expected target area, it might offer a nice lower timeframe structure. Something that you can lean an entry against, which offers an acceptable level of risk. Something that still offers potential rewards, sufficient to justify…
