Hi Folks, 

On this video I tlak through the proceedure for placing an "away trade" which is simple a way to participate in a movement shoudl one happen while your away from the trade desk.

On this video I'm highlighting a discretionary process to help look for Price Action history to repeat itself. In a nutshell I'm simply looking for the live part of the chart to look similar to a point or several points of reference on the historical chart. From then I'm trying to build an expected outcome assuming that history does indeed repeat itself.

Not done a blog for a while on my weekly open trades. I've been busy with some other things, but today I thought I'd do not only a new blog update, but a video as well. Now I haven't done a video in quite some time, and I'm very rusty. Talked through 3 trade setups from this morning, and what I look at/for when trading the weekly open strategy.

Hi folks,

On this video I review some of the comments from the live training room regarding using a location to initial a new trade or a direction bias, or can a little of both be used.

Using location or direction separately from each other would be fairly simple do one or the other. Using a little of both means that I would have to rank my preference of which one to look for first.

For me this is location first, if the location is good then I can move on to the next item on the check list.

If I hit a stopping point (the location might not be favourable) then I can start over but assessing the direction bias.

more in the video

Enjoy

Phil

Hi Folks, 

On this video I look at what happens when a New direction zone is established but price touches both the long and short direction triggers at the same time.

Enjoy

Phil

Hi Folks, 

A good session in the Live Trading Room. 3 trades; 

1. Scalpers to Target 2 (+15 +30 0), swing stopped out (-20x3)
2. Swing trade to taraget 2 (+50 +100), Scalper all 3 targets (+15 +30 +45)
3. Scalper all 3 targets hit (+15 +30 +45)

A good session all in all but very quiet with all the action happening early morning and late afternoon. One of the things that filtering trades with the trend is the ability to easily make some discretionary adjustments to targeting using some Simple Chart Reading to potentially shoot for a larger target.