Hello all, I hope everyone had a good trading day. Yesterday I spoke of confluence and I’m not sure that I discussed this much. Confluence basically means the act or process of merging. In trading confluence, you look for several things that come “together” to give you an idea that price may act a certain […]
1-25-12 Hi all, I’m going to discuss some trades I made a few days ago, I’m just now getting time to discuss them. As I said yesterday, I will be transitioning from posting about multiple trades to one high probability trade a day. It’s just easier and I can go in more depth with one […]
1-24-2012 Hello everyone, hope everyone has learned a thing or two by reading my blog. I’m about to make a transition to discuss one high probability trade a day instead of constantly covering many trades in one post. I believe if I focus on one high probability trade and discuss why I placed that trade […]
Now, you have learnt everything you need to know to be a great hunter, it is time for the grand finale. SPOT FOREX, that untamable beast that sucks poor traders accounts dry, and succumbs them to despair, agony and depression. Their strategies were perfect, they money management top notch, their indicators state of the art, […]
Hello everyone. I traded four times and ended up only 50% ITM last week, (cant win them all right?). I’m still reading my Price Action books, but its going very slow because as new topics are introduced, I have to re-read them and write down in my terms what I just read. It helps me […]
January 12, 2013 These are two trades that I took in the early morning on November 28, 2012. (My previous post, dated December 30, 2012, explained a trade I took the afternoon of that same day.) My first trade occurred at 3:50AM EST and is denoted by the red arrow, showing that I took a […]
Hello everyone, I’m back finally after a long Christmas and New Years break. I hope that everyone had a wonderful Christmas and a great start to the New Year! While I was away I was reading up extensively on Price Action, in particularly Al Brooks books on price action (they finally came in!). I am […]
Today I’m going to share the thinking behind a trade I made back on November 28, 2012. When trading short-term binaries (i.e., 10- or 15-minute expiries), I usually trade the European session, which begins at 3AM EST and occasionally some of the New York session (begins at 9:30AM EST). However, I took this trade at […]
I wanted to address something very overlooked in trading. Often so many are interested in what system/methods, money management, brokers and ect ect. But overlook some other very important things that make up your daily trading routine. Such as HABITS, yes habits because we are creatures of them. If you have good habits you are […]
I get bored often looking at charts and waiting for trades in general. Its always nice to see what others are doing in the market place. So I’ve come up with a list of interactive sites that you can chat and watch real time as traders trade! To me if its not real time then […]