Not advisable to change your strategy with each trade. No strategy will work 100% of the time. Not every market is trade-able, and you don't have to trade every day. Besides, from your losses you learn to trade better, and there are times you wait ...

EURUSD

When it comes to using indicators, the fewer the merrier. KP

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If you would follow another trader's analysis, make sure you understand their assumptions and trading strategy and feel comfortable about such. KP

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Sideways/ranging PA atm.

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PatienceFx, I may not agree with your choice of words; I take your point. KP

Cable Update (GBPUSD)

Southward trade taken around 50 Fib. KP image image image

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Trade closed for a small profit. I will wait for clarity. KP

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The reality of the PA on GU atm is that it is trading sideways, aka ranging. I will watch how to exit the trade at BE or minimal loss. The daily outlook seems to favor a southward trade. KP

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Going long on GU. image image image

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Mixed signals for now indicative of a probable ranging market. May clear by Tuesday or Wednesday. KP

EURUSD

While preparing my charts for this week, I noticed on the AU an inside candle on the weekly chart. I will be watching the daily and 4-hour charts to see how the price action pans out. KP

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Basics: Buy weakness, sell strength. Look for bullish signals to buy at support levels, bearish signals to short at resistance levels. KP

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Just wait and trade what the market does. KP

EURUSD

If you are a trend follower, always wait for a clear trend to form. KP

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Nuggets: ‘Opportunity is missed by most people because it is dressed in overalls and looks like work.’– Thomas Edison

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Be humble mate.

EURUSD

Also confirmed by the daily chart. Heading to a strong S/R zone though. KP

Cable Update (GBPUSD)

Which TF?

Cable Update (GBPUSD)

Good strategy. PA trading with a few indicators reinforced by confluences. KP

Cable Update (GBPUSD)

Agreed! EU is rejecting a channel on daily chart. KP

EURUSD