Does having a profitable trading edge mean that the trader cannot have losing streaks?

Trap the Market

Tip: Trapping the market involves building a trading edge over the market on a consistent basis. This is not a matter of winning 5-10 trades but showing consistency over many (say hundreds of ) trades during which the trader's net results show ...

Trap the Market

Here, in the attached chart, is the location of the GPBNZD on the weekly chart atm. Any idea of what is happening? By my system, the pa is operating within a weekly S/R zone, which should be of interest for a bearish trade; more so with the RSI on ...

Trap the Market

A good number of traders on the EU thread are going for a bullish run atm. However, it seems better to wait for pa around the weekly pivot which the EU is approaching. Trade safe.

Trap the Market

GU should be interesting to trade southwards if it pulls back to a significant pivot zone in confluence with a Fib level. This also applies to GN, which is a pair I am watching atm. Trade safe.

Trap the Market

One of the trading decisions I took last week was to streamline the number of pairs I watch. I had placed 8 pairs on my watch list since March. I watched how they performed in relation to my trading system and style. Now I have decided to focus on ...

Success Guaranteed - Simply Trade Better

The major disposition seems bearish. What is in today's fundamentals to push it northwards? Is there something else you are seeing for a bullish take? Trade safe.

EURUSD

What are you doing to prepare yourself for the Brexit referendum? For me, as I have a number of open positions, I will be closing a few of them this week and watch others between now and next week Wednesday. For me, it's better to stay on the side ...

Trap the Market

So, what did you learn from the video? What were you trying to convey to other FF members?

What Would You Do Differently Today for Better Trading Results?

Welcome to another week with its challenges and opportunities. Did you learn anything last week that would help you trade differently for better results this week? If so share it here so that fellow FF members can learn. Trade safe. KP

What Would You Do Differently Today for Better Trading Results?

Thanks, but when you already knew the answer why trip or trick your fellow traders?

EURUSD

Each trading week presents its challenges. Are you doing anything differently this week to handle this week's challenges? Did you learn anything last week that could help you trade better this week? For me, I learnt the use of a confluence of weekly ...

What Would You Do Differently Today for Better Trading Results?

When will this be? I don't know. But in my books, that is the zone that suits me.

Trap the Market

One of the pairs I am currently watching is GN. If it retraces to the weekly pivot, which is in confluence with the immediate 4-H resistance zone, I will be disposed to go southward with it. Trade safe. KP

Trap the Market

EURUSD is at a weekly resistance zone but there is room for further northward move, USDCAD is making a bearish push through a weekly support zone, GBPUSD is retesting the weekly pivot which corresponds with a weekly resistance zone possibly for a ...

Trap the Market

Dojis by themselves don't mean sell; more like wait and watch for further pa. Also depends on where the dojis form - on major S/R zone? Trade safe. KP

EURUSD

Agreed, bear-mode is still in play!

EURUSD

Why did you think so?

EURUSD

If you use too many technical indicators, technical indicators that do not perform complementary roles or use technical indicators as signals rather than as part of a few significant confluence factors, you will get stitched. Trade safe.

Trap the Market

It is important to define and frame your significant S/R zones based on at least the daily TF. Trade safe.

Trap the Market