Dou Lawrence

pro traders insights | financial markets analyst | educator | real time lessons...

[Dou Lawrence @DouLawrenceS]

A sneak peek into my 2023 Trading Journal

A short Thread 🧵🪡⤵️

[Dou Lawrence @DouLawrenceS]

@ZillaTrades_ These are deep realities every trader needs to embrace and run with.

[Dou Lawrence @DouLawrenceS]

@official_Gegeh Your students don plenty pass population for LEA school. 😂

[Dou Lawrence @DouLawrenceS]

@MindMatterMoney Only the unwise and small minded compare themselves to one another.

• Great minds think partnership.
• Great minds strive to be better than who the were yesterday.

The sky is too wide.

[Dou Lawrence @DouLawrenceS]

Knowing the different candlestick patterns is good but that's not enough until it's combined with an understanding of how the function.

Every candlestick is a range.
Succeeding candlestick can either do one of these three (3) things:

• Break above/below previous candle.
• Turtle Soup high/low of previous candle.
• OHLC as an Inside bar.

For each of these three things, it's an indicator of what you should expect next from Price.

Don't trade patterns blindly, have an understanding of the candlestick interpretation.

[Dou Lawrence @DouLawrenceS]

Stop trying to CHANGE EVERYTHING

Most PEOPLE FAIL because they try to overhaul their entire life at once. Instead, CHOOSE ONE AREA to lead your transformation.

It might be health, work, finances, or self-trust. Put 70% of your effort there for the next 90 days. When one area IMPROVES, the others start to follow naturally.

[Dou Lawrence @DouLawrenceS]

How to avoid unnecessary losses at Zero Cost as a trader...

Never buy above an high and never sell below a low.

Your highs/lows are targeted liquidity pools.

[Dou Lawrence @DouLawrenceS]

@Kingsholz Actively building. Lets connect.

[Dou Lawrence @DouLawrenceS]

"You'll never change your life until you change something you do daily. The secret of your success is found in your daily routine."

~John C. Maxwell~

[Dou Lawrence @DouLawrenceS]

I’ve spent the last few months solving some of the biggest roadblocks I know many of you are facing right now. The blueprint is ready, the execution is underway, and I can't wait to share the practical frameworks that are about to change the game for us all.

Stay tuned!

[Dou Lawrence @DouLawrenceS]

pay attention❗

this will save you money and unnecessary losses.

here are different entry confirmation models you should look out for before executing that trade.

[Dou Lawrence @DouLawrenceS]

If only you could learn and master these entry models along with proper risk management.

I guarantee you will become a profitable trader in no time.

(Find the Sell setup entry model in the thread) ⤵️

[Dou Lawrence @DouLawrenceS]

if you have more failed trades than wins irrespective of strategy.

your major undoing is trying to predict price rather than reacting using entry confirmations.

study the chart below!
what did you see?

[Dou Lawrence @DouLawrenceS]

I am who God says I am!

[Princess @defiprincess]

I am whatever you think I am

[Dou Lawrence @DouLawrenceS]

you grow an account only by first protecting its downside.

strategy + risk management = ✔️
strategy - risk management = ✖️

here’s a simple guide to building an effective risk management system ↴

[Dou Lawrence @DouLawrenceS]

The ULTIMATE RISK MANAGEMENT MODEL You will ever need as a FOREX TRADER ‼️

Very EASY to implement and It works for both Prop firm and personal equity traders..

This risk management strategies is pivotal to building consistency in equity curve and PASSING PROP FIRM challenges.

[Dou Lawrence @DouLawrenceS]

🪙🇺🇲 $xauusd

a work of art framing...

[Dou Lawrence @DouLawrenceS]

🪙🇺🇸$xauusd

⇀ directional bias = bullish
⇀ expansion to the upside
⇀ weekly and daily candlestick close; a major determinant of what to expect in the coming days.

[Dou Lawrence @DouLawrenceS]

@jdibarz blue is beautiful.

there can only be one way; up only.

[Dou Lawrence @DouLawrenceS]

@lex_consults absolutely.

a car can be either an asset or a liability—it ultimately depends on how it’s used. As Robert Kiyosaki explained in Rich Dad Poor Dad, assets put money in your pocket, while liabilities take money out.

the question is does the car put money in your pocket? 🤔

[Dou Lawrence @DouLawrenceS]

🇺🇲🇯🇵 $usdjpy

all I needed was to execute and wait!

took 11 days - patience 🤐

profit locked!

[Dou Lawrence @DouLawrenceS]

🇺🇲🇯🇵 $usdjpy

directional bias = bullish
expansion 📈, daily tf crt

sms/csd + idm ready to trigger.

what's your bias?

[Dou Lawrence @DouLawrenceS]

@defiprincess I got all hooked from the beginning to the end.

undiluted truth and value packed in a 5 minute video. you did a great job princess!.

[Dou Lawrence @DouLawrenceS]

@EmmaBams1 happy birthday king.

may your paths be brightened, the works of your hands be blessed and your steps ordered by the Lord in this new season.

I celebrate you.

[Dou Lawrence @DouLawrenceS]

@KojoForex kojo ain't taking it easy on xauusd. massive profit.