Knowledge differentiate trading from gambling.
-Even a trader who flips an account with knowledge, is not a gambler. Once clarity is in check, gambling fades off.
-It is possible to lose 20 ticket in a row knowing all clubs but you can't lose 20 trades in a row with knowledge.
AUDUSD massive sell is programmed.
-More sell opportunities from this angle.
-Only until Price takes out that Liquidity, would I look for potential long term buys (if any presents itself).
- Find good selling opportunity and tag in.
Simplicity Et Excellence
RESULTS TOO CAN BREED THE MOST CONSISTENCY, DISCIPLINE AND MOTIVATION .
You think you are locked in and consistent, until you begin to hit rocks and enter a losing streak that makes your effort look like a waste of time.
I will explain.
-Walk with me
A 🧵
Ever since I stopped "Predicting the Market" & Start "Reacting to Price", there have been this huge changed in how I trade.
This time Around :
- I know why exactly to hold price to TP.
-I know why to BE
- I know why to avoid a trade entirely.
I no longer predict imaginations.
BTCUSD on the Weekly & Daily TF
-Price has tapped a potential Weekly POI and given a good Daily CISD on the Daily TF.
-Based on your entry models, if you are able to find a good zone to catch further sells, then tag along.
Simplicity Et Ecellence.
DO NOT FORGET THIS:
- A single bad trade does not define you as a bad trader.
-An unprofitable trading month does not define your edge or strategy as a bad one.
-Consistency in trading is the key to profitability.
_ Repeating a bad trading pattern is what defines you.
-Overexcitement On winning trades will equally equate to extreme emotion and sadness during losses too...
-This alone can affect how you approach the next setup.
-And the danger of this is far worse than having a bad technical skill.
You would almost self-sabotage yourself.
Sometimes it is when that wrong analysis has triggered, that you begin to see all your mistakes and rubish analysis you have made on the chart 😂😂😂😂
Emotion is crazy !
I will be adding EURUSD buys as well from here.
This week, PA has been somehow, but let's see how this plays out.
Currently, I have XAU and EU opened on my end
NFA