Break Through Trading

I started my Trading Journey back in the Summer of 2009

I was Subscribed to a HOW TO WIN @ PUBLISHER who used to Mail me, every month, a List of the Latest Money Making Activities

Everything from Horse Racing to Running your own Mail Order Business

I nerer intended to get involved with any of them it was just an interesting insight to what people were trying to make Money from

Then in the Summer of 2009 there was an article on how to make Money from Trading a Guy was Selling his Trading System which consisted of Entering Trades Based on the Slope of a 40 EMA on the GBP/USD at the London Open, as it turns out, because I Bought the System with a Money back Guarantee of course.

It is the one and only Time I have Spent Money on anything Connected with Learning to Trade and I even got my Money Back on that System

Everything you need to Learn to Trade is Available for FREE

And you know what it worked, for a while, there was even a Forum setup for fellow Purchasers to Exchange Ideas to Twaek the System

Of course eventually the Systen Failed Miserably and everyone on the Forum went their seperate ways

But my Interest in Trading was Sparked and I made my first Post on Forex Factory on 1st Jan 2011 and my Journey Truely began

In the Past 13 Years I have had many Break Through moments in Trading

I have tried a few different Methods of Trading along the way

Dabbled with a few Indicators luckily for me, I soon realised, I prefered not to Rely on using too many of them

I have always been a Pullback Trader I want to see Price move and then Pullback to a Level of Interest to look for Price Action to Enter

I also Prefer to Trade the Intraday Swings on the Shorter Time Frames for me it is M15, to find Levels of Interest, and the 1 Min for Price Action to Enter

I rarely look at any Time Frame Higher than this

Everything I need to make a Trading Decision can be found by looking at just these Time Frames

The Trader who has Influenced me the most has been Chris Lori my Biggest Break Through Trading Moments have come from watching his FREE Videos on Youtube
There is more FREE Material on his Website for the Record I have absolutely no Commercial Interest in Chris Lori and will NEVER SELL anything

Please feel free to follow along and make any contirbution you feel will have a Positive outcome

Here is the link to my Trading Journal https://www.forexfactory.com/thread/...usd-m5-trading it has seen a few Tweaks to how I see things over the last 20 Months

Here is a Link to my Youtube Channel https://www.youtube.com/channel/UCRx...2KHhVteKdFjgmA it will help, those Interested, to watch some of my Live Trading Videos to get an Idea of what I am doing and see if you can Relate to my Style of Trading. Some of them are quite long that is the nature of Trading

One Comment that Chris Lori makes, often and sticks with me, is that to become a Successful Trader YOU Must Become an Independent Thinker

All I ask for is Patience and Humility and Remember to be Kind

GBP/USD Frame Work for Monday 22nd Jan 24

As a long time follower, I wish you the best with this new thread in this section.
I wish every read carefully and respect him. He is one who know to form a good trading.

Greets

Michael.

Steve, from what I've observed over the years, your work ethic is unbelievable.

Congratulations, Steve. Finally you've changed the thread category of your thread. Now more people will find your perl jam thread.
Your approach is the best and people learning from you will save at least 5 years in their journey to the successful trader.
You proved it works. It turned out FF is not completely garbage in the end.........

keep on pushing

GBP/USD M15 Observations

GBP/USD Long Trade

GBP/USD Long Trade Result (-10) Pips

I've Uploaded a Video to Youtube doing a Daily Update no Live Trades

GBP/USD M15 Frame Work for Tuesday 23rd Jan 24

The most important thing, we all must do, is to follow Price and not what we Think should happen

It also Demonstrates how difficult it is to try and Read Price on a Short Term Basis

The Higher the Time Frame you try to Read Price the more difficult it gets

Never put your Faith in others Ability to Read Price

I knew my Trading had Progressed when I Stopped having to take Notice of how other Traders were Reading Price

GBP/USD M1 Observations

I have just uploaded a LIVE Losing Long Trade to Youtube

With the Benefit of Hindsight it is Obvious I should have been looking to go Short

This week, so far, I am not getting Intune with Price but it is Important to KEEP, KEEPING ON

1:23 you said price went straight through but I think it broke low then came back and then bounced off the level lower (short) ?
32:16 price had gone up into your level (that red candle has space between one candle high and the next- 13 bars to the left) and coming off row of lower wicks to its left? Then a break of level (inside bar) for a possible short? - taken on the one minute break of that level?
Just my opinion - hindsight of course
Great video -shows trading as it is in realtime, warts and all. Great stuff Steve.

GBP/USD M15 Frame Work for Wednesday 24th Jan 24

I'm going to try and keep my Charts Cleaner for my Analysis

I'll be removing Levels as they become Obsolete

GBP/USD Long Trade

Too tired to do a Video

GBP/USD Long Trade Observations

I need to see Price making New Highs

Hi Steve,
I thought I would post this chart, just my view on GU yesterday.
Regards
Rob

Thanks for your youtube channel link Steve