Yes that is a particularly good level in light of the daily bias.

Fail Better

Hi Charvo, Thank you :-) You can find more information and a link to signup for the free webinars here: url

Fail Better

Hi Killerka, A few points to make. Firstly you have significant data missing from your D1 chart. (see mine below). This is an issue that you should take up with your broker. Regarding your trade, my interpretation of the opportunity differs from ...

Fail Better

This pair and certainly none of these SFP's would be traded if you are very familiar with my strategy.

Fail Better

To clarify: I sold on the SFP (marked with the orange down arrow / entry line marked in red). I cut as price broke the high of the candle marked with an orange down arrow. The taper move happened after (marked with the blue box) and there was a ...

Fail Better

You shouldn't be shorting into a "non taper". You have to be aware of the news. This has been discussed in the thread before.

Fail Better

Show a chart to explain what you did?

Fail Better

I cut that this morning at 0.9335 as it failed to collect sellers on the retracement of the overnight move.

Fail Better

I don't just trade the 7 majors - I also trade the Dax, ES, Bund, Gold, Silver and Crude Oil. It averages around one trade per day looking at 13 different markets.

Fail Better

Hello! Sorry to hear that you have been having problems registering for the free webinars. If you have registered correctly you will receive a welcome email from me (sent via Aweber) and then one email each Sunday shortly before the webinar begins. ...

Fail Better

The high price on FxPro was 1597 bid.

Fail Better

Daveone, That didn't take out the high of that thrust candle with any broker I have and I checked several. Your broker has done you like a kipper.

Fail Better

3) How can I generate more winning ideas? - How many trades do you miss? I know we can all do the hypothetical: "I would have done this, I would have done that" but seriously, how many trades have you missed? You have to be fair here and count those ...

Fail Better

2) How can I lose LESS money from my losers? - Is there something that links your losers? If you buy a level, what happens if it closes down through the level? Do these instances lead to the trade usually hitting your stop? Are the vast majority of ...

Fail Better

Now, let us look at each of the above points in turn. I've made a few suggestions of things you can take a look at. However, to try and go through them all would most likely take me all night, if I managed it at all; as a result I've deliberately ...

Fail Better

A journal will help you to: - Constantly improve on what you do to get better results than your peers - Discover new patterns that you have NOT been taught At this point people often think: "Well, let me just ask Bob what he does as he has probably ...

Fail Better

The above questions never leave my mind. To get the answer to them requires a record (or journal) and the time to both diligently study it and learn from it. Now some of you may be about to emphatically exclaim: "Well your words are lost on me - I ...

Fail Better

Musings on becoming a better trader and why hardly anyone can keep to a plan. As long time readers of this thread will know, the essential tenet within it is this: We all, as traders, should be seeking constant improvement. It doesn't matter whether ...

Fail Better

Just wanted to post a quick update on the setups discussed in the free strategy webinar on Sunday. First up was the Aussie. image We were looking for an H1 SFP of the 0.9386 level which is a weekly swing low that you can see in the chart above. On ...

Fail Better

Your target should have been at 97.77. D1 pin bars do the same thing the vast majority of the time. We discussed this exact trade with the suggestion to sell 98.92 and take profit at 97.77 in Sunday's webinar.

Fail Better