Darren wrote:Today was a bit of a mess for me. I missed the 9:00 seeds on swissy and EU as I was distracted getting the kids ready, then I had a meeting after the school drop off for a couple of hours so I missed the swissy, EU and UJ seeds again. I then decided to trade the CAD GDP and managed to get a 30 pip slippage against me! At this point I walked away and did something else and decided to never trade CAD news again.
Looking forward to Monday though!
oh boy... from worst to worst... it did make me laugh though... CAD NEWS... WTH man...
let show you something nice on CAD chart... ah yes, you might have guessed it already... but hey by now you've entertained your guests... so chill ...
This below is a REALLY cool way to trade... INFORMED wise Trading.. not simply blindly following a signal...
Class 1 PIN.png
The thing about these setups is that You already know these areas, you've done your hard work, you've monitored these markets and then you simply, right at the end, wait for a price confirmation... that is Pin or OB Fruit... you don't take them just on its own. A very very very cute and great looking prince charming pin bar or a kim kardashian big arse OB alone is NOT enough... it has to be in the right location... location is everything
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What is the Secret of Successful Trading?
The Consistent Pursuit of DS1
The thing that makes me money in trading is when I "Objectively Follow my Trading Plan".
I understand that I can't catch all the moves or all the signals but my objective is to catch THE VALID SIGNALS & ONLY the Valid Signals.
Which means is that you try to figure out, what is the most likely areas on the chart, using AIMS levels, highs and lows, where price might find Resistance or Support. AIMS levels are levels of Supply and Demand. prices always React to these levels why? Because these are fractals and fractals are change of behaviour and change of behaviour i.e. fractals is the structure of the market.
What is the Secret of Successful Trading?
The Consistent Pursuit of DS1
The thing that makes me money in trading is when I "Objectively Follow my Trading Plan".
I understand that I can't catch all the moves or all the signals but my objective is to catch THE VALID SIGNALS & ONLY the Valid Signals.
Let this be my final amendment to the way we take the SEEDS.... Don't take em unless and until you have a BAR confirmation before it. Don't take it if its inside a Tight box. Take it ONLY when price a. has already been moving during Tokyo session, or following a trend from YD or b. thre is this one bar indication that price moved in this direction, preferably on some news.
e..g Swissy today. This way we will catch the best ones and even if we take small daily profits, it will do us good in the long run. 10-15% a month promise...
You do not have the required permissions to view the files attached to this post.
What is the Secret of Successful Trading?
The Consistent Pursuit of DS1
The thing that makes me money in trading is when I "Objectively Follow my Trading Plan".
I understand that I can't catch all the moves or all the signals but my objective is to catch THE VALID SIGNALS & ONLY the Valid Signals.
ppandekar wrote:Another Fantastic video Immy...Thank you.
Thanks PP... as you can see I've been working REALLY hard on this even until now... I don't want to lose the ZONE that I'm in... to me its clear... I want to make sure its absolutely clear to you guys. I did such things many times in skype and it gets wasted. not anymore... Good night... and have a great weekend
What is the Secret of Successful Trading?
The Consistent Pursuit of DS1
The thing that makes me money in trading is when I "Objectively Follow my Trading Plan".
I understand that I can't catch all the moves or all the signals but my objective is to catch THE VALID SIGNALS & ONLY the Valid Signals.
At this point I walked away and did something else and decided to never trade CAD news again.
