Thanks for the encouragement, MT. Green pips to you.

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Another 70 pips northwards take you to the next significant resistance, around 1.435 KP

Cable Update (GBPUSD)

It is important to get clarity on the trend direction and the market condition before entering a trade. Also, you have to ask yourself, what one thing must have to happen before you commit to a trade direction. One of the rules in my trading plan is ...

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GU ranging atm. I have entered too early. "ll watch pa for clarity. KP

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Going long on GU; relevant signals on HTF favoring a northward push KP image image image .

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In the past two months, I have used much of my free time to learn one thing: Various ways of identifying and effectively drawing support and resistance zones. This is one of the basic things a trader should learn and master. KP

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Nuggets: 'I focus my total attention on trading well, and let the results take care of themselves.' – Tom Basso

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One of the things a newbie should learn as fast as they can is how to do their own trade analysis and read the market. You get to this level by spending time watching price action and market conditions, and learning the factors that are behind what ...

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Use a top down approach: HTF to LTF. Trade in alignment with the HTF or wait until your LTF signals align with the HTF. KP

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Use a top down approach: HTF to LTF. Be aligned with the HTF or wait until your LTF signals align with the HTF. KP

AUD/USD

On your money. They will be daddies if you make them yours. KP

EURUSD

Go to the systems, interactive and journal sections. If you know what you are looking for, you will get it. KP

EURUSD

‘Your well-being depends on your own decisions.’ – John D. Rockefeller

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Welcome to FF. Focus on learning a basic strategy and a functional system first, the profit will come much later if you trade carefully and are patient. KP

EURUSD

Did you check the HTFs? You may be in for further southward movement. KP

EURUSD

I find RSI a useful indicator for trend momentum, particularly on HTFs. However, I don't use RSI in the standard 'overbought/oversold' way but as part of a confluence of factors for trade entry. Now, I am finding MARSI, i.e. RSI + MA, a better ...

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You don't need to know. If you look for a specific number of times you may be setting yourself up for failure/losses. General rule, the more times price turns away from the zone the weaker the zone becomes. KP

Cable Update (GBPUSD)

Wait for PA to tell. When it shows a reversal candle stick at the R/S zone, look for a follow through signal. KP

Cable Update (GBPUSD)

I believe you know better! I am here to learn.

Cable Update (GBPUSD)