I called it a week with my previous trade, however, this is a great illustration of how simple trading can be if you're patient and let the trades come to you rather than chasing them. Trade and risk management is another topic though :)
As promised, here is the breakdown of my trade on GBPUSD :) Check the links to related ideas for more context. Make sure you watch the Element of Time tutorial to better understand this breakdown.
The element of time is a technical analysis tool that I've previously elaborated on -> Check links to related ideas. The illustration is pretty self-explanatory. First attempt failed, however price presented a better opportunity a couple hours later which ultimately yielded all our profits for the week. I will provide my thought process, execution and exits for...
Market timing is an essential tool whether you're a day-trader, portfolio manager and/or long-term investor. I present to you the most underrated technical analysis tool in the space of retail trading. The purpose of this short educational webinar is to open your eyes to something you don't hear about abundantly because it is the most disregarded aspect of trading...
Market timing is an essential tool whether you're a day-trader, portfolio manager and/or long-term investor. I present to you the most underrated technical analysis tool in the space of retail trading. The purpose of this short educational webinar is to open your eyes to something you don't hear about abundantly because it is the most disregarded aspect of trading...