want to know when to sit out, when big money is not adding to positions - if price makes a new low, then fails to make a new high and sits in that range... sit out until a new extreme price is hit image

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Hi Harry, unfortunately still not finished, at present I work for another website on a program called Daily Trader, I trade this system there too but it's more broad and covers many aspects of trading, my site is purely focussed on trading a single ...

Trade with 60

Hi Porkpie, nice to hear from you again mate... On the subject of biasses, I meant cognitive biasses. I also liked the 'Sachs traders notion that (assumed) risk should not be fixed - the whole retail world is married to this notion that unless you ...

Trade with 60

as I got it wrong the last two days I should say it really IS NFP today.... think I need a holiday, can't even remember the day's of the week anymore

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good to see we're all in high spirits here

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... touche..

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p.s I hate getting out before the bar closes, it's one of my worst habits - always beat myself up about it afterwards

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ok that's GU done as well, 63 and net 234 for the week. Decision making process was getting hard there as tiredness creeps in - glad to be out and done for the day - amazing how quickly the brain tires and judgement decisions get harder and harder ...

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image some price action (candle patterns) these were all winning trades for me this week, inside bars, outside bars, big tails, no tails, small bars, large bars - the shape of the candle on it's own is next to no value, it is the location - don't ...

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I'm +173 pips for the week, my weekly target is net 100 and I have a free trade running short on GU. So can take Friday off - I will check if London has a nice looking high or low set up but if not I will skip. I don't use variable position size, my ...

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my GU survived the news EU bombed, made up some failure trades earlier in the day im over my weekly target, considering my options now EU high short bombing: image

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nice!, welcome Cchersia

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you could argue I should of just taken the 45 on the short and then sat out until after nfp, and you would probably be right.

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NFP looming on the horizon, long from bottom failed to trigger so moved my short to b.e and will wait until after news now image

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I could do with me sleep T that's for sure

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there's lots of golden stuff in that video, personal favourite is this statement "the real value is in the consistent and honest implication of your own personal methodology" - I love that

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video

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Hi Normtold, yeah, I lied.... at least it was a valid high.. I had a sudden moment or clarity "that last valid trade you left went 100 pips" sort of thing. I'm not going to discuss the whole strategy here Normtold because I have paying subscribers, ...

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image

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GU closed down from the high, closed my long for a very small profit, will wait for london now

Trade with 60