Hi All,
I have been a silent follower of this thread and have read some interesting posts from UST and those who have managed to understand his trading style well. I have understood some of it but we learn each day. I placed a trade yesterday during London session on Gold. I mostly trade reversals on 1 minute time frame but it is quite stressful. This was my first trade using UST's method. As most here I ignored Monday and saw movement or trend on Tuesday. It was quite a decent drop and then yesterday more of a drop during Asia session. Mid London session was where I decided to enter as I saw potential for upward movement. Looking at other charts I still at times get confused when it comes to placing trades cos there is an extension of trends on Wednesdays and the actual setup appears on Thursday. Any input is appreciated as its still a learning process for me.
Trade well All.
I have been a silent follower of this thread and have read some interesting posts from UST and those who have managed to understand his trading style well. I have understood some of it but we learn each day. I placed a trade yesterday during London session on Gold. I mostly trade reversals on 1 minute time frame but it is quite stressful. This was my first trade using UST's method. As most here I ignored Monday and saw movement or trend on Tuesday. It was quite a decent drop and then yesterday more of a drop during Asia session. Mid London session was where I decided to enter as I saw potential for upward movement. Looking at other charts I still at times get confused when it comes to placing trades cos there is an extension of trends on Wednesdays and the actual setup appears on Thursday. Any input is appreciated as its still a learning process for me.
Trade well All.