Good to know that you don't use indicators m8. Many others do with very good results. Imho it is the nonsensical use of many rather confusing indicators that is the problem. Even your candle stick patterns are 'indicators' of a sort. Your trading ...

What Would You Do Differently Today for Better Trading Results?

This may be followed by a sideways play before a further move southwards.

Trap the Market

EURUSD is predominantly southward in disposition although the current price action is to the north; apparently a corrective move. This may be followed by a sideways play before a further move southwards. KP

EURUSD

EURUSD is predominantly southward in disposition although the current price action is a bit to the north side; a corrective move apparently. Trade safe

Trap the Market

Noted, talking about now/atm

AUD/USD

Different trading style/outlook and strategies. Lol

EURUSD

What about EUR or GBP strength? Will you short if they are very strong and AUD weak? KP

AUD/USD

Southwards imho.

Cable Update (GBPUSD)

One of the things I learnt recently is to reduce the number of indicators I use to the barest minimum; the fewer the better, so to say. Therefore, in the last few weeks I have been re-analyzing the indicators I use so that I can have only two ...

What Would You Do Differently Today for Better Trading Results?

The bears are still in control imho. KP

Cable Update (GBPUSD)

Yes, when the market condition favours your trade.

What Would You Do Differently Today for Better Trading Results?

Remember this nugget: 'I’m always thinking about losing money as opposed to making money. Don’t focus on making money, focus on protecting what you have.' – Paul Tudor Jones, Market Wizard

What Would You Do Differently Today for Better Trading Results?

May be you have unlimited capital or you don't use stop losses. Capital protection is seen to be more important than hoping to build equity, that is what most successful traders do. Trade safe.

What Would You Do Differently Today for Better Trading Results?

Principle: Having enough money in your trading account to trade tomorrow or whenever the best opportunities present themselves is more important than just chasing profits/price and being reckless in your trading. Do you agree with this principle? ...

What Would You Do Differently Today for Better Trading Results?

Having enough money in your trading account to trade tomorrow and when the best opportunities present themselves is more important than just chasing profits and being reckless in your trading. Trade safe. KP

Success Guaranteed - Simply Trade Better

I have now completed my weekly analysis and the two priority pairs I will be looking to trade - from the 9 pairs on my watch list - are GBPJPY and EURJPY. I have a trade ongoing on GBPJPY and so will not be opening another trade on it until it gets ...

Trap the Market

I will not be trading EURUSD this week because its current market structure does not meet a condition I need for short-term swing trading. I expect a sideways market situation on the pair. From the standpoint of technical analysis on the weekly time ...

Success Guaranteed - Simply Trade Better

I am yet to conclude my weekly scanning and analysis. Nevertheless, from the first two steps in my scanning process, I know I will be stepping aside on the EURUSD as I expect a sideways market situation on the pair. From the standpoint of technical ...

Trap the Market

Technically the southward move is still favoured though lacking in momentum. KP

EURUSD