Hey there bdonline, I had a brief look at your trading explorer and I'll be entirely honest with you... it's somewhat unlikely in my opinion that you will get out of those positions for breakeven, let alone a profit. I'm actually in a large short ...

Mike's EURUSD Trading Room

I've decided a better idea for the daily EURUSD analysis is to create a separate thread entirely, so I've gone ahead and begun that here. I'll keep more of the trader psychology/improvement content on this thread; I want to keep everything here ...

Variant Perspective Trading

Hi Julian, All of my S/D levels are drawn by hand, the rules by which I select them are based off the OTA (Sam Seiden) method of S/D trading. However, I wouldn't be surprised if I've gravitated somewhat away from their exact methodology... The ...

Variant Perspective Trading

Well hello there Wednesday. I'm up +5.71% this week, things are looking great. There's plenty of great opportunities out there right now, just gotta capitalise on them Times like this (for the EURUSD at least) are great for my style of ...

Variant Perspective Trading

Happy Tuesday! Yesterday's pre-London session analysis was pretty spot on, I might make a habit of posting around this time each day on the EURUSD. This particular currency pair is the one I'm most familiar with; I probably make about 90% of my ...

Variant Perspective Trading

Hi Lisa, thanks for your input! Together I'm certain that we'll all become more knowledgeable, more disciplined and generally more skilled at the art of trading. EURUSD Pre-London Session Analysis With the London session opening in about an hour, I ...

Variant Perspective Trading

Hello! I hope we're all enjoying the EURUSD slide at the moment... if you're a EUR bull right now I wish you luck!! Just wanted to share this trade - she's a thing of beauty! There's come a moment every now and then when you pull the trigger on a ...

Variant Perspective Trading

Good evening fellow traders! I have some more musings to share and I hope they are at the very least thought provoking if not helpful to you in some way. Please feel free to share your thoughts, an intelligent discussion can only bring about good ...

Variant Perspective Trading

Here's an interesting post I stumbled upon this morning. Very relevant for price action traders. http://www.tl-dw.com/mastering-candlestick-math/ Mike

Variant Perspective Trading

Automaticity: The Double-Edged Sword One of the most important learning milestones for us as traders is the ability to internalise certain aspects of our trading to the point where they become almost automatic. This is one of the hallmarks of an ...

Variant Perspective Trading

Just a quick post to wrap up yesterday's trade. I was able to scale into the position later in the evening (just around the NY open). As you can see the price aggressively moved to the opposite end of the channel. Trades don't usually work out this ...

Variant Perspective Trading

I'm setting up for a long position on the EURUSD for later today. As you can see in the screenshot of my 1H chart, the price has retreated to the bottom end of a down-trending channel. I'll be taking almost any long signal that arises today. There ...

Variant Perspective Trading

Hi Dragos, Great pickup, I was wondering if somebody would notice this! Before I go on, I just want to reiterate that the idea behind this thread is not so much to share yet another system with which to trade, but rather to share an entire mindset ...

Variant Perspective Trading

Hi Lapras, Thanks for your question! Unlike the majority of traders I don't actually use MT4, but instead use a platform called cTrader. I find it to be a lot more modern an intuitive, although it isn't without its imperfections. cTrader isn't ...

Variant Perspective Trading

Hi Everyone! I'm very sorry for the lack of content over the last few weeks; life gets in the way sometimes as I'm sure you know! I've still been trading, the last few weeks have been great, I'm testing out some new ideas while still trading my old ...

Variant Perspective Trading

Hello there! I've been away for a bit over a week on a ski trip, feeling more than ready to get back into trading after a short break. Here's a trade I've been planning since this morning; I've put on a small to medium position already and may add ...

Variant Perspective Trading

Evening everyone, I hope this week has been a profitable and/or educational one for you I'm going to share a trade with you that I just closed. It highlights an important aspect of my mindset and approach that I've found to be very helpful. There ...

Variant Perspective Trading

Now that I've shared a couple of my trades along with the basics of how/why I trade, I'd like to shift the focus to some of the major struggles that we as retail traders face when trying to not only become, but remain consistently profitable. ...

Variant Perspective Trading