8:30 and I was able to bank +20 pips . I'm around 120 pips for the week, not sure the exact pippage. Monday I plan to bump my lot sizes again to stay in the schedule. I still need some more precise calculations but I think I'm making over 50% of ...

From mediocrity to mastery

4:33 and I'm closing my second trade. The first one I chickened out too early for 1 pip. Now this one here I'm closing for +28 pips !! What a nice way to start a Friday ! Up for the day and up for the week. It is virtually impossible for me to ...

From mediocrity to mastery

Ok, another video about some trades from yesterday. video

From mediocrity to mastery

Hey Steve whats up! I like my charts as clean as possible. Colored candles makes it too busy. I concentrate on wicks anyways so single color candles are all I need. Around 2 AM NY time I can see now 3 good opportunities if i was trading I would ...

From mediocrity to mastery

Pretty decent day so far, 6:30 AM and I'm already 20 pips and change. The first trading hour was dead. Right after 4 AM I jumped on my first trade but knocked out for -6 or so. Since than things are getting better. It is already Thursday and I have ...

From mediocrity to mastery

I'm gonna start to trade in 10 minutes but since I woke up early today I decided to record a quick silly video. I just don't feel like typing today video

From mediocrity to mastery

I'm only getting back home now 6:00 PM I had to leave my house around 9:40 AM, that sucks. Things completely beyond my control. Anyways it sucks but it could be worst. Any day with a 60 plus pip gain is a good day!

From mediocrity to mastery

8:30 AM and I'm trading like a pro ! I woke up early today ( 1:40 AM) and by 2:15 I was already trading. By 3 AM I was down 15 pips but I kept myself focused and poised. The result is that now I'm + 63 pips I'm VERY happy! My focus has ...

From mediocrity to mastery

4:09 min and we hear through the squawk box: ---- Russian looking for sterling mark at 25 So now we have a situation where Barclay is moving the Pound lower and the Foreign Bank of Russia shows up buying. Of course nobody at Barclay's knew it yet ...

Billion Dollar Day video analysis

Thats true but I think I can do better on my psychological/focus side in order to smooth that volatility. It all depends on what opportunities the market gives you every day, and the parts of the session that best suits your trading system ( as you ...

From mediocrity to mastery

Little update on my William Wong interview I was asking for a telephone interview with him but his secretary told me that because of a business trip it would not be possible. But he would be happy to answer some questions in written. Than I sent the ...

Billion Dollar Day video analysis

9:46 AM and I'm having a pretty decent day so far. I'm up +36 and change. Looking at all those moves since 3 AM 35 pips don't look that much but based on my average gains it is good. The problem was yesterday. I was unable to defend my capital the ...

From mediocrity to mastery

So, you understand why I'm so nuts about FOCUS? O don't deal with indicators that much but I have around 20 charts that I have to keep on eye on it. And yes all of them to trade just one pair. Focus is the name of the game. And when I see Chris ...

From mediocrity to mastery

Hey Steve whats up? I don't trade anything too much out of the ordinary. It is basically support resistance etc. I do have 1 or 2 things that are proprietary but they are not the core or my system. To be honest my system's core is FOCUS. To be able ...

From mediocrity to mastery

10:00 AM and I'm not having a good day at all! I don't know, sometimes I trade like a newbie. Today I fought the whole up move trying to get the reversal. I payed a high price for it I'm -25 pips. Than when a decent signal to go short came I second ...

From mediocrity to mastery

Now thinking a little better Today news feed are everywhere and we take it for granted because they are of poor quality. I personally could not care less about "real time" news feed. Why? Because when we retail traders get it they are ...

Billion Dollar Day video analysis

now take a look at one of the many fundamental news and commentaries popping up at their screen. Thats so weird, they seem to rely on third party analysts for their decisions. I don't know if I can't understand it or if I just don't want to believe ...

Billion Dollar Day video analysis

Lets not forget Steve it is still early London. Equities are probably full blown on the rest of Europe ( Frankfurt, Paris etc) but in terms of Forex I think even back than London ruled over it so. Notice that in contrast to the lack of charts they ...

Billion Dollar Day video analysis

After some silly jokes, we start to have some information from Chris Pavlou at 3:28 min. There is nobody in that desk there is over 35. People starting them in their early twenties for about 18 years by the time they are in their very early thirties ...

Billion Dollar Day video analysis

Thanks for the input SOP. If you let me advise you on something. It is very good for you to read these books but don't take it too literally. That romantic vision of a trader finding everything good and nothing bad on his profession is unrealistic ...

From mediocrity to mastery