Phil, Thanks for your analysis and showing the way it is done. I was rigid in my thinking when I saw that H1 low, I was waiting for a lower low before I could be a seller (Change in trend (L & LL). In the chart below, I saw the correction as abc. ...

MY Journal-phil13

Phil, When I said you are a professional, I didn't mince words. You are also a great thinker. I asked the question to test my understanding of EW. You call it perspective, but I think it is beyond that. This is my understanding which is the same as ...

MY Journal-phil13

Phil, Thanks for your time in sharing your knowledge the way you do, I equally understand the Moth story. As FTI said, whatever you think you know will be reflected in your account balance, he also said that we should not give up learning. Going ...

MY Journal-phil13

Phil, Thanks for your advice, flip should be considered when the probability of reversing is high on your side. Please can you suggest a good read on price market structure? Sutiv

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Dbrown, Thanks for your explanation, it is well appreciated. Sutiv

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Phil, Thanks so much. I have learnt a lot from the chart especially waiting for that break before deploying the scout. What condition(s) would you flip a trade? Sutiv

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Dbrown, Thanks for your input, but the market does not always react in line with the economic news. What is the correct approach? Sutiv

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Phil, Thanks for the clarification, so the volatility for this condition is measured on H1 and not M5. What do you consider when in rescue mode especially the price action before implementing the skew? Sutiv

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Phil, Thanks for your explanation but you elaborate on "This attack sequence is not invoked when the market volatility is tight, only when the legs are strong, (strong = range play 50 pips average) and volatility run of max 7 bars average 3". Sutiv

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Phil, Usually, I start trading one hour before London opens, check the daily and hourly chart, note their direction, and then move to M5 where I do the battle. If there is any major news, I will reduce my exposure 30 mins to the news (usually Scout) ...

MY Journal-phil13

Phil, I'm sorry to hear of your health challenges, I wish you a quick recovery. I will not bother you with more questions until you have recovered well and returned to trading. Thanks for your effort in answering my questions. Regards, Sutiv

MY Journal-phil13

Phil, This is very insightful, our job as traders is to manage risk and in the long run profit will follow. What is your daily routine before/after trading? Sutiv

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Thanks for your explanation. Sometimes I panicked when I should be bold, this morning I was buying EU and was waiting for PA to break out of the bullish flag to implement the last attack but when I saw strong sellers toward the end of the flag, I ...

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Thanks for your advice, my main problem is knowing how these emotions are produced and recognising them as they appear. Please can you elaborate on these areas? Sutiv

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Phil, How do you deal with emotion when you are trading? Sutiv

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Phil, Thanks for your response, it is well appreciated. I will go through the recommended post and revert to you. Sutiv

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Phil13, I have been following your input from TAF, please can you help me to answer the following questions: 1. How do you consider volatility in applying skew on an impulse leg? 2. How do you protect yourself against a sudden spike unrelated to any ...

MY Journal-phil13

I was going through this chart again and something struck me. From the time price take out the supply to the time it hit the demand and then your limit order was 48 hours (the chart is 60 min chart), how do you manage this length of time, what were ...

(binned per thread starter’s request) Trading with the Blues?

Summary 1. We look at only one timeframe to analyse the chart and take a trade. 2. For uptrend: We have implusive leg making HH and also corrective leg going in the opposite direction. 3. If we zoom in on the corrective leg, we will see the ...

(binned per thread starter’s request) Trading with the Blues?

When you have identified the direction of the trend, what other condition(s) will make you initiate a trade at sellers/buyers zone apart from the stop loss size?

(binned per thread starter’s request) Trading with the Blues?