31.3.2017
USD/JPY 111.34 long The last trade of the month. Market made 11 pip reaction so if your spread was below 1 pip (hopefully it was- I have now 0,2-0,3 on USD/JPY) you should have a profit there.
USD/JPY 111.34 long The last trade of the month. Market made 11 pip reaction so if your spread was below 1 pip (hopefully it was- I have now 0,2-0,3 on USD/JPY) you should have a profit there.
USD/JPY 111.86 short Even though there was a strong counter trend the market made a more than 10 pips reaction to my short level. In cases like this (strong counter trend and end of day) it is better to go just for 10 pips and don’t be too greedy. This was the only trade today.
Hello guys, here is a summary of my intraday’s levels in March. There were 25 trades. That is little bit below my average monthly number but still enough to give us some nice profits. There were 17 profit trades, 7 losing ones and 1 break even trade. The beginning of month was just great. There
Summary of intraday levels – March 2017 Read More »
https://www.youtube.com/watch?v=khRTQ5PFRRA
Daily levels commentary for 31.3.2017 Read More »
I had little problem with my forum – you weren’t able to contribute but now it is fixed. Thanks for letting me know about that!
https://youtu.be/kY-uZMvv7VM
Daily levels commentary for 29.3.2017 Read More »
https://youtu.be/_ruvWnqsHFQ
Daily levels commentary for 28.3.2017 Read More »
USD/CAD 1.3332 long This level was hit during asian session and the market went 8 pips against it. After that it turned and made the +10 pips profit. This was the only trade today.
Hello, my friends! I would like to share with you some quick tips to help you with your trading! These tips will be mostly about a trading approach, psychology and money management. I personally stick to every one of these. Here they are: Stick to your strategy: Have one or two working strategies that suit
Dale’s trading tips Read More »
Hello guys, hopefully you read my previous articles Market Profile 1 – introduction and Market Profile 2 – different profiles and their application. If not I strongly suggest you to do so. This is the third part of this little Market Profile series. You will probably be confused if you jumped right to this part
Market Profile 3 – my real trades Read More »
Hello my friends! In the previous article Market Profile – introduction I briefly mentioned that there are some different shapes of Market Profile histograms (profiles). I showed you some examples but I didn’t elaborate any further. In this article I would like to go a bit deeper and show you some of the most common shapes
Market Profile 2 – different profiles and their application Read More »
Hello my friends, today I would like to tell you about my way of backtesting new trading ideas and implementing them in my trading. At first I would like to say that there are many very good ways how to approach this. Some people do their backtesting very thoroughly and they are very analytical in
5 phases of backtesting and implementing new ideas Read More »
Hello my Friends! In my article, Price Action – Aggression which you can read by clicking HERE, I was talking about aggressiveness in the market as well as why it is so critical to identify. Now I would like to tell you something about the highs and lows seen on a simple price chart. Forming
Price Action Part 3 – Quickly Identify Strong or Weak Highs and Lows Read More »
Hello my friends! Hopefully you read my previous article Price Action – aggression and you can now identify aggresive trading activity just by watching plain charts. In this article I would like to tell you how to identify big players (big financial institutions, banks, funds,…) who do such aggresive activity to move the markets. Both
Price action 2 – how to identify big players Read More »
Hello my friends! Today I would like to tell you something about my way of using price action. Let me start with a question: What comes to your mind when you hear the term “price action“? I think that lot of people’s idea is that price action = candlestick patterns. In my point of view
Price action 1 – aggression Read More »