Staples, going short may be it. But imho it is good to use higher TFs for deciding your bias for the day. Look at the 4-hour and daily charts, you can see a better indication for a greater probability for a short trade. KP

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While price action is king, trading naked charts is not. Not everybody can trade naked charts with consistent success imho. What any trader can do is to combine price action with the use of a few complementary indicators reinforced by confluences ...

Success Guaranteed - Simply Trade Better

This thread will be discontinued and merged with my thread 'Success Guarantee - Simply Trade Better' which I had started under the 'Trading Discussion' section but within one day, the Admin moved it to 'Trading Journals' section. But as I already ...

Simply Keen Pips Weekly

Yes. The evidence to look for at that zone will be a bullish signal for long or bearish for short. KP

The Fundamentals of Trading

As far as use of indicators goes, the fewer the better. I have now reduced the number of MAs I use and seeing some improvement in my trade analysis. KP

Simply Keen Pips Weekly

Master one strategy and improve on it for consistently efficient and sustainable profitable trading. KP

Success Guaranteed - Simply Trade Better

A very good analysis.

The Fundamentals of Trading

It is important that you learn to read the market, i.e. price action and charts, and do your own analysis. It will not come easy but it will be critical to your long-term trading success. KP

Success Guaranteed - Simply Trade Better

You often get confusing and conflicting analyses on FF. If you don't know the bases of these analyses, and your system and strategy are different from those of the analysts, you will regret blindly following them. Protect yourself! Understand and ...

Success Guaranteed - Simply Trade Better

The discipline to wait until the best opportunities come your way is key. 'Be careful, trade safe' should be the catch-phrase to always remember. KP

Success Guaranteed - Simply Trade Better

While it is important for any trader who wants success to prepare their trading plan with clear rules for trade entry and exit, it is more important for the trader to develop the discipline to trade the plan. Jim Rogers said: 'I don’t do anything ...

Success Guaranteed - Simply Trade Better

Not much has changed on the weekly support and resistance levels on the pairs I trade or watch. I will be looking for the opportunity to short GBPNZD. KP

Simply Keen Pips Weekly

Going short on GU. KP image image image

Simply Keen Pips Weekly

'By trading less, I was picking my best spots.' – Mark Cook

Simply Keen Pips Weekly

One of the habits worth developing for successful trading is to control your emotions when you trade. If your trade is doing well, don't go overboard with excitement; if you are making a loss, don't get crushed by it. KP

Success Guaranteed - Simply Trade Better

Focus your total attention on trading consistently well, the results will follow. Is that a mindset you think is worth adopting? KP

Success Guaranteed - Simply Trade Better

Agreed!

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Thanks, Lex.

Simply Keen Pips Weekly

How important is it to use confluence of signals for trade entry? KP

Success Guaranteed - Simply Trade Better

Good to hear that your surgery went well and that you now have a better sight. KP

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