Trade what you see and NOT what you expect is my first thought before entering a trade. This mentality has helped me trade the market for what it is. We don't know where it's going, only where it's been. I use key setups and take trades without any emotion attached.
I trade only the GBP/USD and primarily during the US Session, she (I refer to the GBP/USD as she) provides enough opportunties that I don't need to worry about the other currency pairs. I don't worry about the fundamental side of trading, trading itself is emotional enough. I don't hold the holy grail, and noone does. I agree with trading with the trend but I will go against it if the setup is right. Entry is key and that's what I look for. One doesn't have to be in a trade all the time to make money, you only need to be in a trade at the right time. Many traders see it moving and jump in the direction it's moving and next thing they know, their down. I'm not afraid to walk away and wait for another setup if I've missed the boat. There is always another opportunity. Patience is key in this industry. If you don't have any, GET IT.
I will be posting my chart setups and what I look for in the upcoming posts.
Please feel free to post questions and insights.
Best of luck to everyone trading!
EO
PDF ATTACHMENT HAS BEEN ADDED HERE, REVISIONS TO THIS PDF WILL BE POSTED HERE AS WELL. This PDF complies the thread and changes that have occurred. I recommend you download this and any revisions that will occur in the future. I would like to thank NYJETFAN for taking the time to compile this data.
I trade only the GBP/USD and primarily during the US Session, she (I refer to the GBP/USD as she) provides enough opportunties that I don't need to worry about the other currency pairs. I don't worry about the fundamental side of trading, trading itself is emotional enough. I don't hold the holy grail, and noone does. I agree with trading with the trend but I will go against it if the setup is right. Entry is key and that's what I look for. One doesn't have to be in a trade all the time to make money, you only need to be in a trade at the right time. Many traders see it moving and jump in the direction it's moving and next thing they know, their down. I'm not afraid to walk away and wait for another setup if I've missed the boat. There is always another opportunity. Patience is key in this industry. If you don't have any, GET IT.
I will be posting my chart setups and what I look for in the upcoming posts.
Please feel free to post questions and insights.
Best of luck to everyone trading!
EO
PDF ATTACHMENT HAS BEEN ADDED HERE, REVISIONS TO THIS PDF WILL BE POSTED HERE AS WELL. This PDF complies the thread and changes that have occurred. I recommend you download this and any revisions that will occur in the future. I would like to thank NYJETFAN for taking the time to compile this data.
Attached File(s)


Just digging in the trenches like everyone else!