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the_wizard replied Feb 10, 2012Hi Badgetmatt, Sorry to hear about your difficult week. In my opinion, you are simply not taking good enough trades. I also do not think you are, as you say, following the principles outlined in the thread. I will provide feedback on each trade ...
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the_wizard replied Feb 10, 2012I'll go over this in the Sunday webinar for anyone interested as it will be easier that way.
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the_wizard replied Feb 9, 2012I wonder how many people have noticed what's odd about your chart. It took me about half a minute :-)
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the_wizard replied Feb 9, 2012Look at the current GBP/USD picture and think about what retail might be seeing, where they might be entering and stopping out. I'll give you the day to ponder it and will try to come back later and update.
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the_wizard replied Feb 9, 2012This morning has started out with a nice flush lower in USDCHF as the longs off support (I know of a few myself) were scrambling to puke and the shorts have chased the momentum down here with the stop sells. This was particularly brutal as if you ...
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the_wizard replied Feb 8, 2012Benem, I don't mind whether I enter on the same day or the day after BUT the retest you show is what I call an IMMEDIATE RETEST. E.g. there is no space between the break and return. I prefer a more rounded retest. Tom
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the_wizard replied Feb 7, 2012Get ready for a break south in USDCHF (most likely tomorrow morning but one to watch).
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the_wizard replied Feb 7, 2012According to the rules I trade, the SFP you traded in the AUD/USD has not stopped out yet.
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the_wizard replied Feb 6, 2012I know there are quite a few people that try this method after learning from other price action threads or courses on the web. It is important to note that there are a lot of differences between what I do here and what a lot of the readers of such ...
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the_wizard replied Feb 6, 2012Hi klp, I apologise for not giving a very detailed reply here but I am quite pressed for time during the trading day. I have some key rules which would have either meant you didn't take this, or if you did, got you out of it with profit. 1) Don't ...
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the_wizard replied Feb 3, 2012Here are the steps to understanding this. This one's going to take some work but it will be worth it :-) Step 1 : Pull up a blank AUD/USD chart and draw a level at 1.0752 and look at it on the D1 time frame. Now ; Step 2 : Read this : url (post ...
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the_wizard replied Feb 3, 2012Just a quick update. Note that the setup #4 has now failed. As I said, it was the LOWEST PROBABILITY of the marked setups because it was the only one without another factor of confluence. You have to be careful with SFP's that you don't try and ...
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the_wizard replied Feb 3, 2012AUD/USD has offered some great opportunities over the last day or two. From left to right ; 1) H1 SFP of BOTH a prior H1 high and a D1 swing high point (27th October, 2011) 2) After the initial breakout of the level marked in green, the market makes ...
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the_wizard replied Feb 2, 2012LOL you should definetly pop over to J16 and learn some patience. Then come back here and read the thread! There isn't much need for moving to BE providing you take a good trade. If you take those breakout trades it might be a good idea getting to ...
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the_wizard replied Feb 2, 2012OK, now I can see it's a wind up! Very funny. No one consistently cuts and reverses and loses money like that and keeps going.
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