I do believe that the story so far seems geared towards the retest of the 154 region, but that said it just wasn't strong enough for me to look to trade it. My only concern is that tight stop you have based of the 8H bar. If this is a setup you ...

Mastering the Art of Trading

Hey there, We are operating in a choppy market, so its ok to be expecting price to dance around a bit. It makes these situations tricky but tradable if you know what you're doing. Not A+ of course because they aren't in the "no brainer" league ...

Mastering the Art of Trading

I am looking at this very keenly myself. I didn't take a blind long on the pull back to the LLS, but prefer to see the daily close showing me a good day's action refusing to make a move below the LLS (i.e looking for a daily close above the LLS) ...

Mastering the Art of Trading

Yeah just bucket shop brokers with crap feeds. g.

Mastering the Art of Trading

That remains to be seen as I haven't traded this method on my live account for a full calender year yet. g.

Mastering the Art of Trading

hey there, It of course varies from month to month. It could be anywhere from -5% to +20%. I know that's a vague answer but that's the closest I can get to answering it without letting any biases creep in. g.

Mastering the Art of Trading

Sharp turnarounds represent carnage. Its not easy for the market to forget PPZs that host bounces like "A" and "B" (refer to chart below). I can show you as many examples as you'd like, of instances where price "seemingly forgets about the PPZ for a ...

Mastering the Art of Trading

hey Str8, Not sure which trouble area you're referring to, but I am looking at a crystal clear and conspicuous major trouble area that price is heading into. image g.

Mastering the Art of Trading

Neither caught my attention as they are both headed into traffic. With weekly trades in particular you have to make sure you're ready and willing to tie your capital up in tricky trades that can persist for months as price battles its way through ...

Mastering the Art of Trading

I would disagree with your point number 4. This one has huge spatial concerns in my book as a weekly trade. Might still be tradable with a tighter stop based on a lower TF trigger bar all the way to the top of that consolidation box, but clearly as ...

Mastering the Art of Trading

It is the 150 EMA. g.

Mastering the Art of Trading

Gosh! That worked out well yeah?! I was really hoping this would hold on till early next week, but just too much going on the fundamental front. If I was to trade this, me entry would have been on the close of that first bar the popped under ...

Mastering the Art of Trading

Yes it can be hard to stick to the plan. Where it gets tricky is at times "You actually do need to change the original plan". Again I will obviously be drawing out from my own experience and method, but its almost certain that you won't always be ...

Mastering the Art of Trading

Apologies for the delay. Eid's approaching here really fast and understandably there is quite a lot beyond charts that occupying me. Anyway here's the video (turned out to be longer than I thought so had to break it up in 2 parts): video video g. ...

Mastering the Art of Trading

Hey Digu, I was actually long USD/CAD myself and then had to bail out as price showed no signs of breaking out of that consolidation box to the left. Notice how we now have implicit divergence kicking in as well, as price finds it tough to close ...

Mastering the Art of Trading

Hey N, How do you like your DJI? image g.

Mastering the Art of Trading

Here's a scenario I am watching with interest. Nice implicit divergence on the daily, And yesterday's fake out has gotten me to sit up. image image g.

Mastering the Art of Trading

Hey Digu, The idea that I was portraying in that video is that the most obvious fake out scenarios are where you get action reminiscent of a "spike" characterized by a sharp move through followed by an equally sharp rejection back into the swing ...

Mastering the Art of Trading

As expected, the 8740 acting as resistance. image g.

Mastering the Art of Trading

I'll get to this in a bit, gotta head out for now... g.

Mastering the Art of Trading