simple this morning

Why Simple is better in trading and Complex is not

For swing trading, I am using the EA at this link: url to help me get good entries into the market while I sleep, do work do anything that I like. All i need to do is to choose the pairs, set up the EA and let it run and switch it off when I deem ...

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Well looks like the euro set up worked but the pound one is getting pounded pretty hard.

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Rags to Riches via risking 50% per trade is pure pipe dream. 2:1 RR set-ups with HARD STOPLOSS in the market is nearly impossible to find consistently. Consistently bringing in that 20 pips a day is all you need to get to riches. Is anyone saying ...

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Don't underestimate the power of 20 pips a day. By the end of 20days/1 month it will triple my account if I maintain it.

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Today's swing perspective

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Trade of the day AUD/JPY long image Good luck to all traders! Green pips to everyone

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Looking to trade for 4H swing trade: NZD/USD short GBP/NZD long AUD/JPY short EUR/NZD long Be back in 1 and half hours when 4H candle closes.

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AUDJPY gave me 20 pips. done for the day for intra-day trading, all pending orders closed (there are some very good set-ups on EUR/USd and GBP/USD though!) next up swing trading set-ups.

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four pending orders (AUD,NZD,EUR,GBP) , 3 buy limits and 1 sell limit - at least two should be filled during london open.

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still looking for that 20 pip today - market yet to do any damage to me.

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no trades on at the moment.

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Be an active winner and loser, don't sit on your hands, that's the worst advice. Hope is not a substitute for proper planning. in fact it is detrimental.

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The mindset: I don't know where this will go, but I know what I will do if it goes up and what I will do if it goes down.

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eur/usd and gbp/usd filled.

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No fills yet.

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My intra-day trading philosophy is to be as defensive as possible. Don't take losses and don't let winners turn into BE or losers and let profits evaporate because it's more important to survive and trade the next day then to hope to catch a large ...

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First trade set-up of the day was actually this. I placed my limit order 0.4 pips away from the low, because I drew my fib tool wrongly (didn't not connect the lows properly) and ended up missing the trade. That's why precision is so important in ...

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Develop and trade your own systems! Both my systems are developed by me using inspirations from many sources and from assimilating what I understand from market structure. You can only truly be comfortable with something you understand. Time spent ...

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Can you tell who will be a successful trader and who will not? Yes, based on how well they match the profiles of successful traders in regards to the areas just discussed: beliefs, perceptual filter, strategy, emotional-state management, and ...

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