Love this quotation: ‘If most traders would learn to sit on their hands 50 percent of the time, they would make a lot more money.’ - Bill Lipschutz KP

The Big secret to trading success

Well done, m8! Congratulations too on your anniversary. You forgot to advise Mayly-May and any others to avoid falling into the trap of looking for quick profits by not using stop loss. KP

Cable Update (GBPUSD)

EURUSD is presenting an interesting scenario atm. If you say it's bullish you'll be right, if you say it's bearish you'll equally be right!!! The point is how far down/up and for how long? The primary outlook on the HTFs (e.g weekly and daily) is ...

Trap the Market

Hi, m8s! If you say it's bullish you'll be right, if you say it's bearish you'll equally be right!!! The point is how far down/up and for how long? The primary outlook on the HTFs (e.g weekly and daily) is uncertain - somewhat on a sideways mood. ...

EURUSD

Nuggets: ‘If most traders would learn to sit on their hands 50 percent of the time, they would make a lot more money.’ - Bill Lipschutz

What Would You Do Differently Today for Better Trading Results?

I am now tracking the GBPJPY as it is testing the daily pivot. Any bounce off the daily pivot or a (bearish) rejection candle around it will be a cue for me to trade the pair southwards. I may be wrong. KP

Success Guaranteed - Simply Trade Better

I am now tracking the GBPJPY as it is testing the daily pivot. Any bounce off the daily pivot or formation of a significant (bearish) rejection candle around it is potentially a cue to go southwards. I may be wrong. Trade safe.

Trap the Market

Although the GBPUSD is making an upward push atm, the technical situation is mixed. The mood favours the northward tone but the momentum is weak. KP

Cable Update (GBPUSD)

Good advice imho. KP

EURUSD

Hi, m8! Nobody will ignore your post or any post for that matter because somebody is a newbie. If your suggestion was backed up with well considered analysis rather than just crystal-balling many traders would take a look. Trade safe. KP

Cable Update (GBPUSD)

Bulls' market overall but timing your trade entry is key. Trade safe. KP

AUD/USD

Thanks, m8. Lol KP

Cable Update (GBPUSD)

Hi, m8! Let's not put any contributor here under any pressure. If you have anything to share, please do so. If you want sdcasper to please give further information, let's do so with respect. Please, refer to my first post and the general rules lol. ...

What Would You Do Differently Today for Better Trading Results?

I am with you on this. Check this gentleman's video - no business relationship with him though: video KP

Cable Update (GBPUSD)

You can learn a lot about market structure and tracking the market from this gentleman's video: video KP

What Would You Do Differently Today for Better Trading Results?

I like this approach to understanding market structure and tracking the market: video Trade safe.

Trap the Market

Go for trades that offer the best risk:reward ratio and high probability of success rather than chasing the market/price or jumping on trades. KP

What Would You Do Differently Today for Better Trading Results?

In the past three weeks I have been tinkering with the steps and criteria I use for the weekly scan and analysis of the pairs on my watch list. Last week I reviewed all the criteria I use and found that some of them could be combined or even ...

What Would You Do Differently Today for Better Trading Results?

I chose to step aside for now regarding GBPUSD. Here is why. Although on all the htfs, the technicals I use for my weekly scan and analysis of pairs to trade agree that the primary mode of the pair is towards the downside, the intraday technicals ...

Success Guaranteed - Simply Trade Better

I will be stepping aside from trading the GBPUSD until my mid-week updated analysis. Why did I choose to step aside for now? The primary mode on the higher time frames is towards the downside; in fact, all the technicals I use for my analysis are in ...

Cable Update (GBPUSD)