Socratic method is named after the classical Greek philosopher Socrates. It is a form of inquiry and discussion between individuals, based on asking and answering questions to stimulate critical thinking and to illuminate ideas. The five steps of ...

Highest Open / Lowest Open Trade

You need to be unemotional. It is difficult, at first.

Highest Open / Lowest Open Trade

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Highest Open / Lowest Open Trade

image GBPUSD tends to run from the 40s to the 60s.

Cable Update (GBPUSD)

image Someone had asked about exit targets. The big red/bear candle open is 1.04368. Price may hit that level. It must first turn the day green at 1.04297. Expect a battle.

EURUSD only

Could you summarize your method so I can put it on a 3x5 card? Thanks. Cheers!

Effortless Trading Explained + FAQ

image Price failed to make a higher high.

EURUSD only

Rank them in priority order, most important first. Socratic method is named after the classical Greek philosopher Socrates. It is a form of inquiry and discussion between individuals, based on asking and answering questions to stimulate critical ...

Highest Open / Lowest Open Trade

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Cable Update (GBPUSD)

image Notice the ATR% is at 81.

EURUSD only

Are you managing your money, the trade, your emotions or a combination of the three? Socratic method is named after the classical Greek philosopher Socrates. It is a form of inquiry and discussion between individuals, based on asking and answering ...

Highest Open / Lowest Open Trade

Sometimes all I get is 1 or 2 pips. That's plenty. No, I don't wait for price to go back into the entry zone to exit. I enter in the entry zone, Mate. Cheers.

Highest Open / Lowest Open Trade

I do not understand your query. Please elaborate. One must be ready to exit when money at risk.

Highest Open / Lowest Open Trade

image Did you notice the price action at yesterday's daily low D1[1]? Price Action #advancedalientrading 1) Price will either breakout of the high, low or both of the previous bar 2) Price will not breakout of the previous bar. 3) Price ...

EURUSD only

image There is nothing wrong with setting TP and SL. My preference is to trade the price action in front of me. As mentioned, price would with make higher highs or return to the open of the big green/bull candle. It is not likely for price to ...

EURUSD only

image Worth the wait.

Highest Open / Lowest Open Trade

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Highest Open / Lowest Open Trade

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Highest Open / Lowest Open Trade

image The last green/bull candle is a clue. It made a higher high. The red candle that followed made a higher high and fell below the previous candle's high. What does that tell you? Price will either return to the open of the big green/bull ...

EURUSD only

No target. Trade the price action: “Now, 2 patterns of market behavior happen on a regular basis: 1) the price breaks to new high's (or low's) 2) the price reverses from new high's (or low's) They happen regardless of time frame. They are phenomena ...

EURUSD only