This is so true most can't leave a good simple strategy alone and cut losses early, take profit early and then say the strategy doesn't work. These issues are for sure psychological and not about trading in itself

I would love to learn more above sentiment and risk on risk off, could anyone point in the direction of good content? I've heard %R is decent

Great thread thanks for sharing! I've got tonnes of reading to go over this weekend! lol

I really need to get into having the %R on my charts. I am going to study this thread this weekend. Thanks

Just stumbled across this thread looks very interesting. Ill give it a good read thanks for sharing

9-12 in the morning. This has the most volume and also the most moves. Then again if you're more a trend trader maybe the afternoon as the move has happened and you can then trade that direction.

This is the key for me too. Persistence. There is no other way to be successful at anything other than hard work and not giving up!

Completely agree with this. There is no point in putting yourself at risk when there are so many more preferable times to trade. As we all know looking for the highest probable trade is the aim and you can't do that with news

It all depends on your style and strategy. Some currencies like CHF don't move a lot but that suits traders that like to trade in a range. Some like USD/GBP move a lot and that suits trend traders. It can be tailored to the specific trader imo

I think it has a fair bit to go down but without doubt a bullish trend. I would personally be waiting for it to correct and then buy

I definitely feel there is a correction coming. I have been monitoring the DXY for the last few days. There are lots of imbalances that need to be filled once it has reached for the liquidity its seeking

I really love Mark Douglas I have read his book over and over. I wonder do you think 20 trades is enough of a sample size?

MACD, ADX and ATR indicator

Definitely think it is aiming for the liquidity. It is so efficient at clearing and then resetting to the next target. Interesting to see if NFP has any influencer tomorrow

Ive recently started to look at bar charts. They are so much cleaner

I think simplicity is key. The idea that some can analyse complex strategies each day is too difficult. But if you have a simple repeatable strategy it'll work much better

you can but you'll have months that are not that some that are and some that are in between. The biggest thing that trips up most traders is that the results aren't constant

Martingale doesn't work in most cases. The main problem with EAs is that although martingale helps with getting out of trouble sometimes there are no SL so eventually its going to be a downfall of the EA as it'll bust. Manual trading is the best way ...

Definitely going to use this link, thanks

The Ichimoku is decent for it. I use it when im trading indices