Really interesting tool i found scouring the web

Its a random equity curve generator, basically it allows you to put in your average winner/loser and probability of a win then put in how many simulations you want to track (i have been putting in 300 in the "lines quantity" field) and it will show you the random distribution of possible equity curves witin those parameters.

Interesting trade on E/J yesterday with a nice news pop and T1 attained quickly.

I woke up to see a bit of a retracement on E/J and stopped for half risk on the remaining 2 portions of the trade.

E/J setting up for another bite at the apple, it has effectively performed an 8hr  breakout pullback of the most recent chop zone and presented another "ideal Bar".

Really stretching to report anything tody......except profit$

Goes to show ...trade less earn more.

Price going nowhere and sidelined due to chop zones then after patient waiting for an "ideal bar" on E/J i

get the trade on with an easy breakout/Pb entry...first go.

Bit o news into the mix and pop....T1 swing target without breaking a sweat.

Loverly

Back in the markets after a bank holiday Monday.

Quick trade setup on the G/U first up out of a beautiful almost textbook asian range (see the tiny 8hr bar).

Direction bias down as price below overlapping chopzone from 3 chopzones back back (see chart)

Break out pull back out of the bottom of the 8 hr bar as distance of open close less than daily 10% and bar green.

Well i took couple of night off after the big moves and it has turned out to be a profitable move. (Flu symptoms being profitable for me this time.)

(in all fairness i must say Phill did call the slack movements predicting a bit of chop after the heroic moves of the beginning of the week.)

Well ... what a difference a week makes!

I was mentally exhausted after last weeks "range madness" so Friday nights presentation by Phil was a welcome chance to grab the popcorn, put the feet up and get familiar with the new direction bias methodology.