Use the basics of trend definition to determine your trend bias always, never risk into nomans land.

Journey to consistency

What you are confirming is that the market has life, It has a pulse ,and rhythm and that determines its behaviour. Your job as a trader is to gauge its pulse and move accordingly to sync with,it. You will mostly be able to do that if you listen and ...

Journey to consistency

Do you believe in magic? Or the signs in the stars? or the mystics? or that God trades? then you will be lost. Plant your feets back on the ground. then trade , with experience, you will understand the truth.

Journey to consistency

Preservation of capital is an absolute must in the markets, unless you can print your own. To be really aggressive you need to be trading with a small percentage of what you’ve got stashed in your boot, so if it gets taken by the dealer you have ...

Journey to consistency

All trading, MO,Mm strategies is not meant to manage the market, but the trader's mindset and his resources. Leave the market managing to the CB and tier 1 , they have their ways. The trader's task is to manage himself and his resources as best he ...

Journey to consistency

In reality,pattern analysis can be done in less than 10 seconds. Its not the pattern thats critical, evey body can see that, its the way it behaves while its forming that clues the trader. ie volatility, activity and time splices, range etc. and ...

Journey to consistency

The feel of form, you get from monitoring the developments in the market. and not by setting up rules of engagement.This will restrict your ability to "pull the trigger" (in as well as out)when required. When a market begins to ready itself for a ...

Journey to consistency

Rigidity may ease the traders needs for active analysis by defined rules but it impairs the trader to "feel" the development that is unfolding. The market is never ever the same, the waves of movement may look alike , but are never the same. ...

Journey to consistency

Market form takes into consideration a few other sidekicks apart from the conventional chart pattern formations, in essence the volatility scales and the time scales. Basically what you described is correct. However, there are not rules cast in ...

Journey to consistency

Why analyse? Well we analyse , so that we can capitalise the event, when the market begins to move in the manner that its expected to, from our analysis. We analyse so that, we can time the progress and skew of our exposures to reposition ourselves ...

Journey to consistency

There is no such thing as a normal trading day. Everyday the challenges are different, and the trader has to use their wits and experience, plus training tempered with a little luck in taming the markets. I'm finally coming to terms with that - ...

Journey to consistency

Losing money is no big deal in trading. Losing the ability to financial trade again is the pits of it. But truly losing the moral, that ones incurable. It develops in the person a complex to haunt them for the rest of their lives. Remember ...

Journey to consistency

Time window for selling EUR/USD opens now. watching levels 1.4825/00 Now waiting for GBP/USD to top out. If no one is watching I shall stop commentary. If watching just write watching in reply then delete. its going to be long night here. ossible ...

Journey to consistency

Do not be sucked into trying to predictive analysis. Instead seek "feel" & form from the market. if you're willing to dance the dance come on in. if you're coming to the battlefield with hocus focus predictions and rigid mindset the please exit the ...

Journey to consistency

"In trading, when the army is non engaged, scouts must always remain in battle field to gauge the markets form. By standers in a battle can hardly "feel" the emotions in the fight. If traders avoid the markets altogether, then point of reference is ...

Journey to consistency

Preparation for Battle ( Money Management ) Your moneys are your only ammunition. Therefore never deplete it under any circumstances.

Journey to consistency

Remember always that the market is a battlefield. Do not be on the battlefield unless you have a purpose. "He should not encamp in treacherous areas like thick forests, narrow passes and marshy ground, in which the army could be easily bogged down.

Journey to consistency

"He will win who, prepared himself, waits to take the enemy unprepared." After every battle forget about the glory , as well as its pain - the next batlle will be totally different.

Journey to consistency

Disciplined and calm, to await the appearance of disorder and hubbub amongst the enemy A clever general, therefore, avoids an army when its spirit is keen, but attacks it when it is sluggish and inclined to return.

Journey to consistency

Water shapes its course according to the nature of the ground over which it flows; the soldier works out his victory in relation to the foe whom he is facing. Therefore, just as water retains no constant shape, so in warfare there are no constant ...

Journey to consistency