Price Bar Reversal Patterns – Intro
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I absolutely love this email I received recently, from a trader who is making tremendous progress in his growth and development. It's nice and simple. Just one single line… Feeling joy when I look at this PA. And here's the attached image: (It's a large one so I've reduced the size. Click on the…
Trade Review Examples
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Last week we examined losing trades from a mindset perspective (see here for article 1). This week, let's examine a different aspect of "winning through losing better" – using losing trades as a source of improvement. Wherever you currently sit on the P&L scale, whether consistently in drawdown, stuck at breakeven, or achieving some degree…
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This was an interesting sequence of trades – three which I got completely wrong, followed by one which I finally got right. The key takeaways: You won’t always get it right. Sometimes your timing is out. Other times, like in this sequence, your assessment of bias is just wrong. Good entry location and good…
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The last week was quite tough in many markets, with lots of sideways action and the occasional sharp directional moves in-between. In tough environments, it pays to be VERY patient. Don't push trades. Wait for the A-trades only; the ones which are screaming out to be taken. One that screams out to me is demonstrated…