
Hi Folks,
Today's video follows on from the last video. Plan the trade and trade the plan. Patience for the set ups was certainly worth waiting for for the JPY trade and a little bit of a shame on the cadjpy trade as I was on it but just never gave me a re-entry opportunity.
On this video I show once again trading with the trend on gbpusd which as I type has now finally hit its scale out target so will not cost me anything other than time invested in the trade.
Its the same old stuff as always, follow the three basic questions, develop a plan of action around what is ACTUALLY happening on the charts and not what you think is happening. then wait, wait and wait a little more for conditions to be right before executing the plan of action.
Enjoy
Phil