Mark Douglas, an author of trading psychology books is shown in lengthy video interviews describing the many trading psychology and mindset problems many traders face and how to fix them. I will post one of the videos every day and offer my analysis and nuggets of value once per day until all seven parts have …
You don’t need IFR to tell you that. You can presume it. You can assume it. USD/JPY was stuck in a huge choppy market. There are option players who have taken out DNT’s in order to play the low volatility. Also any bearish players betting on further jpy strength can buy One Touches with barrier …
A lot of traders when they first start learning, usually get exposure to the principle of bracket trading. I know I did. I used to find the support and resistance points that formed a consolidation box, and just blindly set buy/sell stops to play the breakouts. I did that for a few months, before I …
Originally posted at forexfactory on June 11, 2011: The pattern can mean different things to different people. A chartist may see it and decide to play it in it’s chart way. A stop hunting order flow trader may view it as a potential location to look for stops. But just because a H&S pattern occurs, …
There are many traders that are scared of trading with big stop losses. They have tried to optimize their system to death to try to get the best possible entry price, and tweak their system and settings so they can get in with the smallest possible reasonable stop loss level. Why do they want a …
Some big stop losses accumulating in the gold market. They should be pretty easy to spot. The big stop losses have been accumulating above $1,845. It has stop losses from the chart pattern followers who see an ascending triangle and want to buy a breakout. They have placed buy stops above the highs. There are …
Originally posted at forexfactory on May 23, 2011: The average R:R ratio depends on the trader of course and how well they follow the system. Also the average R:R depends on how many trades you want to place and how fast you want to compound your account. I know of trading system that have 80-99% …