In the last post Confirmation, Volatility, Structure and Some Questions I asked : "What is the common denominator to a profitable trade in each those charts?" what did you come up with? The thing that made each of those trades work, no matter how you entered, was the use of a proper stop. Now let's flip that around and use the proper stop for entry, which is what we did last week in a live session.
Mid Day Session Connection Problems 07,24.2013
Treat Your Trading Like a Business - Part 3 - TRADE JOURNALS
What we can measure, we can improve
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Have you ever seen a Golden Whale?
Tim Morge Reveals a Proprietary Trading Style Amos Hostetter Taught Him Many Years Ago at Commodities Corporation
So what is important about this USD/YEN chart? The Median Line, target, stop, structure, flow, the entry ideas? Consider the green circles entry ideas and the orange circle the target.
I want to do a series of basic posts involving confirmation, volatility, timing, and structure.
Been busy around here but it's time to brush off the dust and post some Median Line Maps
GBP/USD: We had talked Inside Median Lines in the live morning session which is a little know Median Line tool so here it is. Just remember that it's still just a tool like the rest.
