Hi Folks,

This video shows my preference for trading when I Have been away from the desk and I'm assessing the set ups that have developed in my absence.

A long story short is if you see multiple trade set ups, use the first and original set up that developed.

Enjoy

Phil

Hi Folks,

Today's video follows on with the theme of discretion in trading decisions and a nice easy one to make today. GJ AJ EJ strategy made the decision for me today but making the addition decision to also use the next signal on GBP as an exit decision rather than a new trade decision as well makes the day pretty special.

Details on the video

Enjoy

Phil

Some of the guys in the LTR have been discussing alternative trading/charting platforms to use instead of MT4, and while TradeStation is clearly the preferred option, it is not always within peoples financial capabilities when starting out.

NinjaTrader is one of the options that has been discussed by a few people, and as I have spent the last 4 or 5 months trialling a few different plat

Hi Folks,

On this video a brief walk through using the Chop Filter and the FurQuad Core Swing strategy together.

Hi Folks,

This video showing some of the discretionary views that we looked at in the Live Trainig Room this afternoon. While its not common practice to do on a day by day basis this situation screamed at me to pay attention to it.

The video is a little rough around the edges, but what it is highlighting is the lack of influencing movement from the majors that could influence any further movement on EURJPY AUDJPY and GBPJPY which I was looking at. There was still potential for price to move based on the ATR for the day. But, not a great deal to suggest what could influence a movement looking at some very basic cross pair relationships.

While price indeed did move later on in the day the moves that developed were outside of my regular trading times. The decision to down tools for the afternoon as the day was done on the USD cross rates and the JPY crosses as outlined on the video didn't suggest that anything could influence a movement. A good decision which avoided a few whippy trades.

Enjoy

Phil

Another look at a range from last week. This time on EURJPY. Taken off the 60m chart again.