Interesting trade. I particularly like the BRN (1.3) confluence with the HHR. I'd have the stop loss slightly further above though as its sitting pretty close to 1.3 anyway. g.

Mastering the Art of Trading

I have covered this in the video But simply the length of the fake out bar and just simply the fact that it was the initial fake out that made me feel that I needed more information. g.

Mastering the Art of Trading

I see that some people took the initial 4H fake outs on the yen pairs, and would have got caught on the whipsaw. I made a video about my thoughts on these Yen setups as well as the more general logic behind waiting for multiple confirmations on ...

Mastering the Art of Trading

For me the idea of overexposure comes with two pairs that are strongly correlated. The EUR/USD for instance is the exact opposite of USD/DKK and there is no point in going short one and long another. However the GBP/JPY and GBP/USD are not as ...

Mastering the Art of Trading

I don't have a problem in your sharing of your trade results. g.

Mastering the Art of Trading

Exactly! You hit the nail on the head g.

Mastering the Art of Trading

This is a little advanced stuff in the sense that it draws on your knowledge and understanding of order flow. But I am trying to systematize it as much as possible while also providing details for people interested. One of the quests for me, is to ...

Mastering the Art of Trading

yes I do. In fact I do plan on updating the first post with important post numbers and links. g.

Mastering the Art of Trading

I just pulled out of my Eu trade for a half bar loss. There is just no momentum due to the US bank holiday and price seems to be trickling into Friday's fake out wick. This is still not over but I think from this point on, taking a full bar loss is ...

Mastering the Art of Trading

Yes good point. For intra day trading on the very low time frames of course you wouldn't want to go beyond maybe just a couple or so of the most liquid and traded pairs with the best spreads whereas for higher time frames larger spreads can still be ...

Mastering the Art of Trading

hey KOS, First of all, never measure spreads in absolute terms. 50 pips could be a lot of movement for one pair and perhaps 1/10th of the amount of movement you see in some other exotic pair. This is so because different pairs have different trading ...

Mastering the Art of Trading

hey Anthm, For the sake of your learning its always better to try and come up with your own thoughts on the matter at hand and require its verification and further guidance as opposed to just putting the question out there. I have no problem ...

Mastering the Art of Trading

Oh well. Nice colorful butterfly bro, but we're trading order flow here and not butterflies and moths. g.

Mastering the Art of Trading

Here's one I am keenly watching beyond the EUR/USD trade that I am in: Look at that nice accelerated progression into the HHR. We have a fake out but notice the strong close on the fake out bar itself. It managed to close under the HHR but we have ...

Mastering the Art of Trading

I got a real smart question from a trader via Pm (not sure why given the validity of the question) and keeping the anonymity that I guess he wanted, here's the content part so we can all learn: Question: Ghous, I read somewhere if too many people ...

Mastering the Art of Trading

That's ok as long as you understand that you're going to require the fake out setup to work out twice for you. The market is generous enough some times but it really isn't a pet dog. lol If we're looking at that pin bar as a fake out setup, then it ...

Mastering the Art of Trading

For sure it does. g.

Mastering the Art of Trading

He was?! Wow. I am humbled. Anyways I'd really appreciate if we can put the "where is price going" exercise on hold for a bit. I need to make sure all the bits and pieces of info I need delivered get's done within the initial pages so later on ...

Mastering the Art of Trading

brb...workout time.

Mastering the Art of Trading

Magnificent question! I am thrilled! If its too far off to the left It simply indicates to me that to trade it I need to move to a higher time frame to find it closer to the current action. There is nothing to be obsessed about taking swing ...

Mastering the Art of Trading